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SHANGHAI, Feb. 24, 2026 /PRNewswire/ -- The 39th China International Hardware Fair (CIHF), an impactful trade platform for the global hardware and tools industry, is poised to open its doors at the sprawling National Exhibition and Convention Center (NECC) in Shanghai. The annual event in global hardware industry, is expected to draw over 60,000 professionals from more than 70 countries, including manufacturers, distributors, wholesalers, and procurement specialists eager to explore the latest innovations in hardware and forge international partnerships. This year's CIHF spans an impressive 170,000 square meters across multiple halls, featuring nearly 3,100 exhibitors showcasing the complete hardware supply chain—from individual components to practical tools, equipment, and machinery in the real world. As a global hardware show to launch the year, CIHF continues to serve as a vital hub for industry trends, connecting global buyers with cutting-edge solutions amid a rapidly evolving market and driving sustainable growth through intelligent manufacturing in a sector that equally prioritizes responsible development and business goals. As a showcase of innovation and diversity, the key highlights include: Power and Hand Tools (Four dedicated exhibition halls showcasing breakthroughs in cordless, brushless, and precision models, along with improved battery life.), Abrasives, Welding Materials and Equipment, Lifting, Rigging, and Logistics Equipment, Safety Gear and Personal Protective Equipment (PPE), Garden and Cleaning Equipment, Lighting and Low-Voltage Electrical Zone, Pneumatic Tools, Electromechanical Devices, Building Hardware, Fasteners, Home Devices, and more. Among the buzzworthy debuts, prominent exhibitors from China and internationally will present their products in innovative and modern formats. Visitors can expect many companies demonstrating OEM/ODM customization services. Sustainability takes center stage with exhibits highlighting eco-friendly materials and leading lithium energy solutions, reflecting China's drive toward carbon neutrality by 2060. Visitors of dozens of countries enjoy visa-free entry to China for up to 30 days, or 240-hour (10-day) visa-free transit. The NECC venue offers seamless access via Shanghai's high-speed rail and metro networks, along with abundant nearby business hotels—making it effortless for global hardware professionals home and abroad. CIHF is the hardware industry's premier event connecting retailers, manufacturers, wholesalers, and distributors, streamlining product discovery, supplier sourcing, and speed to market. We sincerely invite you to attend the 39th China International Hardware Fair on March 24-26, 2026 in Shanghai. Visitor Pre-registration: https://data.ciec.com.cn/c2l0ZToxNDY3NDU/p/v/register?channel=C24 Contact Us:Media Contact: Edison ZhouWebsite: www.hardware-fair.comEmail: team@hardware-fair.comTel: 86-10-63356966
Strengthening Hydraulic Vibro hammer and Pile Hammer Lineups, Enhancing Deep Foundation Capabilities with 30 Years of Expertise SEOUL, South Korea, Feb. 23, 2026 /PRNewswire/ -- BRUCE Piling Equipment (hereinafter referred to as "BRUCE") has officially announced its integrated production system encompassing Design, Manufacturing, and Quality Assurance/Quality Control (QA/QC), targeting the deep foundation sector. Through this announcement, BRUCE introduced its advanced internal operational structure aimed at supplying high-reliability equipment, as well as its proven production and quality competitiveness capable of responding to a wide range of global infrastructure project environments. BRUCE emphasized that piling processes must satisfy complex factors—including project schedules, geological conditions, and work environments—beyond the simple performance of equipment. Accordingly, the company explained that it has systematized quality standards across the entire process—from product development to manufacturing, inspection, and shipment—at a global level, and has established an internal operational system designed to minimize project risks. Design: R&D and Engineering Based on an Accumulated Database Based on its accumulated experience and proprietary database, BRUCE continues research and development efforts to ensure that vibratory hammers and pile hammers deliver optimal performance at piling sites. The company is continuously enhancing its engineering capabilities and expanding its technical data resources. Manufacturing: Stable Global Supply System Built on In-House Production Leveraging its in-house design and production system, BRUCE is advancing the management of core manufacturing processes that directly determine equipment quality. Considering that delays in equipment deployment at construction sites translate directly into cost risks, the company operates its production management system with reliability in scheduling and on-time delivery responsiveness as top priorities. Quality: Securing Operational Stability Through Rigorous QA/QC In the quality sector, BRUCE highlights standardized inspection criteria and pre-shipment verification processes as core competitive strengths. Given the characteristics of piling equipment, which operates for extended periods under extreme conditions, the company is strengthening not only production-stage quality control but also technical support and maintenance systems that take actual field operation into consideration. Lineup: Core Product Range of BRUCE Piling Equipment To expand its global market presence, BRUCE operates the following core lineup of vibratory hammers and pile hammers: Hydraulic Vibro Hammer : Supports pile driving and extraction processes based on high-efficiency vibration technology. Hydraulic Pile Hammer : Ensures precise installation and operational stability through powerful impact energy. Based on more than 30 years of accumulated overseas partnerships, BRUCE is strengthening its capabilities in responding to country-specific specifications and technical documentation requirements. Through these efforts, the company aims to maximize customer project efficiency in the global infrastructure market. A representative from BRUCE stated, "Based on our fundamentals in design, manufacturing, and quality, we are focused on delivering stable supply and consistent quality that meet the demands of construction sites worldwide. Centered on our core lineup, we will continue expanding cooperation opportunities tailored to global infrastructure project environments." www.powerquip.co.kr
SAN BERNARDINO, Calif., Feb. 23, 2026 /PRNewswire/ -- Locksley Resources Limited (ASX: LKY, OTCQX: LKYRF and LKYLY-ADR) announced the company has commenced diamond drilling at the high-grade Desert Antimony Mine (DAM), located within the company's Mojave Project in California. The drilling follows successful completion of site establishment activities including necessary earthworks and construction of drill pads. During these site preparations, the company also conducted detailed surface explore mapping that provided critical geological data and confirmed the orientation and continuity of the primary stibnite veins at surface. More information is available here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03059509-6A1313161&v=undefined. Kerrie Matthews, Managing Director and CEO of Locksley said, "The start of drilling at DAM is a key milestone for us. We have strong momentum as we move decisively to unlock a potential asset that can play an important role in reshaping the future of critical minerals supply." She noted that the commencement of drilling reflects a strong technical foundation and focus on high-confidence target areas. "In parallel to our drilling program, we are also carrying out our downstream metallurgical testwork, with representative materials to be supplied to Rice University and the Department of Energy to support evaluation of pilot-scale processing and strengthen strategic positioning within critical mineral supply chains," Matthews said. Antimony is designated as a critical mineral by the U.S. government, with limited current domestic production. The Desert Antimony Mine represents a rare opportunity to establish a primary, high-grade antimony source within the U.S. aligned with national security, defense and advanced materials supply chains. Locksley Resources (https://www.locksleyresources.com.au) is focused on critical minerals in the U.S. The company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at reestablishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This targeted approach, combined with resource development with innovative processing and separation technologies, positions Locksley to play a role in advancing U.S. critical materials independence. Contact: Beverly Jedynak, beverly.jedynak@viriathus.com, 312-943-1123; 773-350-5793 (cell)
JAKARTA, Indonesia, Feb. 23, 2026 /PRNewswire/ -- PT Bukit Makmur Mandiri Utama ("BUMA"), the principal subsidiary of PT BUMA Internasional Grup Tbk (IDX: DOID; "BUMA International Group"), today announced a long-term contract with PT Adaro Indonesia ("Adaro"). The contract, effective from April 1, 2026 through December 31, 2030, secures BUMA's operations at the South Tutupan Mine in Tanjung Tabalong, South Kalimantan. Under the contract, subject to the terms and conditions contained therein, BUMA is expected to deliver around 239 million bank cubic meters (bcm) of overburden removal and 44 million tonnes of coal, equivalent to average annual volumes of 50.5 million bcm and 9.3 million tonnes, respectively. The contract reinforces BUMA's long-standing partnership spanning over 20 years with Adaro, while strengthening the Group's contracted revenue base and long-term earnings visibility. Ronald Sutardja, President Director of PT Bukit Makmur Mandiri Utama, stated, "We are pleased to announce this significant contract with Adaro Indonesia, one of our valued long-term partners. The contract is a testament to BUMA's consistent operational delivery and our ability to manage technically complex mining operations safely and reliably. It strengthens our contracted earnings visibility and reinforces our position as Indonesia's trusted mining services partner." In parallel with its operational activities, BUMA is deeply committed to empowering local communities in the Tabalong through programs focusing on education, health, environmental protection, and socio-cultural initiatives. Key initiatives include the JIKAMAKA computer skills workshop, Youth Broadcasting Class for creative industry development, the Kampung Iklim environmental program, and support for local small and medium enterprises (UMKM). These efforts have earned recognition from the South Kalimantan Provincial Government for environmental contributions, appreciation from the Tabalong Regent for advancing the Adipura initiative and UMKM development, as well as commendation from the Tabalong Youth Community and the Regent for consistent support of youth and community development programs. "Our partnership with Adaro Indonesia extends beyond operational delivery to creating shared value for local communities. We are proud of the positive social impact we have created together and will continue investing in the community's long-term prosperity," Ronald concluded. About PT BUMA Internasional Grup Tbk (BUMA International Group) Established in 1990, PT BUMA Internasional Grup Tbk (BUMA International Group) is a globally diversified mining holding company with operations across Indonesia, Australia, and the United States. The Group operates under four key business pillars: Mining Services, Mine Ownership, Social Enterprise, and Technology. At the core of its Mining Services operations is PT Bukit Makmur Mandiri Utama (BUMA), one of the largest mining services providers in Indonesia and Australia (operating under its fully owned subsidiary, BUMA Australia Pty Ltd). The Group transformed its business as a mine owner in 2024 with the acquisition of Atlantic Carbon Group, Inc. (ACG), positioning itself as the leading producer of ultra-high-grade anthracite in the United States. Expanding its diversification, the Group entered the future-facing commodities sector in 2024 by acquiring a stake in 29Metals Limited, an Australian-based copper and base metals mining company. The Group's other portfolios include PT Bukit Teknologi Digital (BTech), focusing on developing deep learning technologies aimed at enhancing operational efficiency, reducing emissions, and minimizing Occupational Health and Safety (OHS) risks, and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational training, and promoting a circular economy. Headquartered in Jakarta, BUMA International Group is publicly listed on the Indonesia Stock Exchange (IDX: DOID) and employs over 12,000 people worldwide. In June 2025, the company was once again recognized among the Top 200 in the FORTUNE Southeast Asia 500, underscoring its position as one of the region's largest companies by revenue. About PT Bukit Makmur Mandiri Utama (BUMA) BUMA was established in 1998, is the second largest coal mining services contractor in Indonesia by production volume, providing mining services to some of the largest coal producers in Indonesia. BUMA is a subsidiary of PT BUMA Internasional Grup Tbk (BUMA International Group) which is listed on the Indonesia Stock Exchange board (IDX Code: DOID). BUMA is headquartered in Jakarta, Indonesia.
Delivering Optimized Piling Solutions Through Customized Configurations for Diverse Soil and Pile Conditions SEOUL, South Korea, Feb. 20, 2026 /PRNewswire/ -- BRUCE Piling Equipment (hereinafter referred to as "BRUCE") has announced the reinforcement of its project-specific operational framework, centered on its core deep foundation equipment lineup, including Hydraulic Vibro Hammers and Hydraulic Pile Hammers. With over 30 years of industry experience, BRUCE is further strengthening its equipment selection guidelines tailored to specific site conditions. The company emphasized that in piling operations, equipment selection directly influences not only construction quality but also overall process efficiency and project stability. Moving beyond conventional equipment supply, BRUCE is systematically organizing and presenting optimized operational standards based on soil conditions and pile types for the global market. [Core Technology] Ensuring Long-term Operational Stability via Balanced Design A key feature of BRUCE's Hydraulic Vibratory Hammer is the "Balanced Double Side Eccentric Weights" structure. This design symmetrically distributes the dynamic loads generated by rotational eccentricity to both the left and right sides. By doing so, it effectively reduces the unbalanced loads typically concentrated on gears and bearings. This allows for stable vibration transmission even in extreme continuous operation environments, ensuring both equipment durability and work consistency. Maximizing Process Efficiency with Site-Specific Lineups In deep foundation projects, required equipment specifications vary significantly depending on soil characteristics and pile configurations. Reflecting these site-specific variables, BRUCE has developed a highly adaptable product lineup and continues to expand performance capabilities through ongoing research and development. The integration of premium-grade bearings and components further supports operational reliability and long-term durability. Hydraulic Vibro Hammer: Designed for temporary structures and specialized piling applications—including sheet piles, casings, and H-beams—this system offers high operational stability where continuous reliability is critical. By maintaining component consistency across clamps, power packs, and related systems, and by providing site-specific operational guidelines, BRUCE minimizes downtime and enhances workflow stability. Hydraulic Pile Hammer: Engineered for soil conditions requiring precise penetration control and efficient energy transfer, the Hydraulic Pile Hammer plays a critical role in maintaining structural integrity and construction precision. By analyzing pile specifications, project objectives, and operational cycles at the equipment selection stage, BRUCE helps reduce quality deviations in repetitive tasks while optimizing construction outcomes. "In deep foundation projects, equipment reliability directly determines project performance," said a representative from BRUCE. "Built upon three decades of engineering expertise and core design capabilities, we will continue to deliver differentiated foundation solutions tailored to the evolving demands of global infrastructure markets." www.powerquip.co.kr
/NOT FOR RELEASE TO U.S. NEWS WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES/ MONTREAL, Feb. 20, 2026 /PRNewswire/ -- February 20, 2026 – Sydney, Australia Highlights Successful closing of the previously announced financings, strengthening PMET's balance sheet to fund the next phase of exploration and development at the Shaakichiuwaanaan Project following recent exploration success. Proceeds will underpin the delivery of an updated and optimized CV5 Feasibility Study with the inclusion of tantalum as a co-product, and advance CV13 towards preliminary economic assessment, inclusive of lithium, caesium and tantalum. The proceeds will significantly de-risk the Company's funding requirements as it advances towards a Final Investment Decision ("FID") while preserving strategic flexibility. Offerings consisted of: (i) public offering of common shares for aggregate gross proceeds of ~ C$65 million at a price of C$5.66 per common share (the "Prospectus Offering"), and (ii) concurrent private placement of flow-through shares for aggregate gross proceeds of ~ C$65 million conducted at a price of ~ C$9.30 per common share representing a 48% premium to the Company's last traded share price on the Toronto Stock Exchange ("TSX") as of February 6, 2026 (the "Flow-Through Offering" and, together with the Prospectus Offering, the "Offerings"). Over allotments were partially exercised by the Agents under their over-allotment option in connection with the Prospectus Offering (the "Over-Allotment Option"), resulting in the issuance of 1,365,631 additional common shares for aggregate gross proceeds of ~ C$7.7 million, demonstrating continued institutional demand despite recent market volatility and bringing aggregate proceeds raised to ~ C$138 million. Technical Committee established by the PMET Board providing dedicated oversight of key technical workstreams contributing to the Project. The Flow-Through Offering will be followed by a secondary sale of the common shares (transmuted to CDIs) by way of a block trade to select institutional investors on the ASX at a price of A$0.59 per CDI (the "Reoffering"). Settlement of the Reoffering on the Australian Securities Exchange ("ASX") is anticipated to occur on February 20, 2026 (Sydney, Australia time) at which time the 6,992,255 charity flow-through shares issued as part of the Flow-Through Offering (the "Flow-Through Shares") will have been transmuted to 69,922,550 CHESS Depositary Interests ("CDIs"). PMET President, CEO and Managing Director, Ken Brinsden, commented: "This is a tremendous outcome for PMET which is testament to the quality of the Shaakichiuwaanaan Project, the depth and capability of PMET team, and the robustness of our development strategy. With the successful completion of these financings, PMET has materially strengthened its balance sheet at a critical juncture for Shaakichiuwaanaan. The proceeds of this upsized raising positions us strongly to optimise the CV5 Feasibility Study, advance CV13, and integrate high-value co-products including caesium and tantalum into a development-ready plan as we move in a disciplined and systematic manner towards a Final Investment Decision. Importantly, this funding significantly de-risks our path to FID while preserving strategic flexibility as we progress engineering, permitting and commercial discussions. As we enter a more execution-focused phase, the PMET Board has established a dedicated Technical Committee, chaired by Aline Côté and composed of Blair Way and myself. Strengthening board-level stewardship at this stage reinforces our commitment to disciplined capital allocation, risk management and delivery of a globally significant multi-commodity critical minerals project." PMET RESOURCES INC. (the "Company" or "PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that, further to its news release issued on February 9, 2026, it has successfully completed: (i) the Prospectus Offering of 11,484,099 common shares in the capital of the Company at a price of C$5.66 per common share for aggregate gross proceeds of approximately C$65 million, (ii) the issuance of an additional 1,365,631 common shares in the capital of the Company at a price of C$5.66 per common share for aggregate gross proceeds of approximately C$7.7 million from the partial exercise of the Over-Allotment Option, and (iii) the Flow-Through Offering of 6,992,255 charity Flow-Through Shares that qualify as "flow-through shares" at an issue price of ~ C$9.30 per charity Flow-Through Share, representing a 48% premium to the closing price of PMET shares on the TSX as of February 6, 2026, for gross proceeds of approximately C$65 million. Following the completion of the Offerings, the Reoffering will take place on February 20, 2026 (Sydney, Australia time). The Company received conditional approval from the TSX for the Offerings. The Offerings were led by Raymond James Ltd., as sole global coordinator and sole bookrunner for the Prospectus Offering, together with BMO Nesbitt Burns Inc., as co-lead agent, on behalf of a syndicate of co-managers composed of National Bank Financial Inc., ATB Capital Markets Corp. and Desjardins Securities Inc. (collectively, the "Agents"). The Flow-Through Offering was facilitated by PearTree Securities Inc. The Reoffering was facilitated by Euroz Hartleys Limited and Canaccord Genuity (Australia) Limited, as joint lead managers. RBC Capital Markets and Argonaut Securities Pty Ltd acted as co-managers to the Reoffering. The Company was advised by Norton Rose Fulbright Canada LLP, Allens, and Rimôn, P.C. The Agents were advised by Dentons Canada LLP. Settlement of the Reoffering is anticipated to occur on February 20, 2026 (Sydney, Australia time) at which time the Flow-Through Shares will have been transmuted to 69,922,550 CDIs, which trade on the ASX. Participants in the Reoffering cannot convert their CDIs into common shares of the Company for the purpose of trading such shares in Canada until four (4) months have elapsed from the settlement date. Technical Committee The Board has established a Technical Committee to provide focused oversight of key technical and development workstreams as the Company advances Shaakichiuwaanaan toward a FID. The Committee, chaired by Aline Côté and comprising Blair Way and Ken Brinsden, will work closely with management on Feasibility Study optimisation, engineering progression, project readiness and integration of co-products into the development plan. The establishment of this committee reflects the Company's broader transition through the study phase and towards execution. Volkswagen In addition to the common shares issued under the Offerings including from the partial exercise of the Over-Allotment Option, existing Company major shareholder, Volkswagen Finance Luxemburg S.A ("VW"), has confirmed that, subject to it obtaining internal approvals, it intends to participate in a separate private placement which is anticipated to be for up to approximately C$14 million at C$5.66 per share (the "VW Placement"). The Company received conditional approval from the TSX for the VW Placement. Assuming all required approvals are obtained, the closing of the VW Placement is expected to occur after the closing of the Offerings and would see VW's interest in the Company return to approximately 9.553%. Any final decision and amount of participation by VW will be subject to their internal approvals. There can be no assurance that VW will participate. The Company will provide an update on VW's proposed participation in accordance with its continuous disclosure obligations. Any shares issued to VW are expected to fall within the Company's existing 15% placement capacity under ASX Listing Rule 7.1. The Offerings including from the partial exercise of the Over-Allotment Option and the VW Placement remain subject to the final approval of the TSX. Not an Offer of Securities This news release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release may not be released to U.S. wire service or distributed in the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act or the applicable state securities laws. ABOUT PMET RESOURCES INC. PMET Resources Inc. is a pegmatite critical mineral exploration and development company focused on advancing its district-scale 100%-owned Shaakichiuwaanaan Property located in the Eeyou Istchee James Bay region of Quebec, Canada, which is accessible year-round by all-season road and proximal to regional hydro-power infrastructure. In late 2025, the Company announced a positive lithium-only Feasibility Study on the CV5 Pegmatite for the Shaakichiuwaanaan Property and declared a maiden Mineral Reserve of 84.3 Mt at 1.26% Li2O (Probable)1. The study outlines the potential for a competitive and globally significant high-grade lithium project targeting up to ~800 ktpa spodumene concentrate using a simple Dense Media Separation ("DMS") only process flowsheet. Further, the results highlight Shaakichiuwaanaan as a potential North American critical mineral powerhouse with significant opportunity for tantalum and caesium in addition to lithium. The Project hosts a Consolidated Mineral Resource2 totalling 108.0 Mt at 1.40% Li2O and 166 ppm Ta2O5 (Indicated), and 33.4 Mt at 1.33% Li2O and 155 ppm Ta2O5 (Inferred), and ranks as the largest3 lithium pegmatite resource in the Americas, and in the top ten globally. Additionally, the Project hosts the world's largest pollucite-hosted caesium pegmatite Mineral Resource at the Rigel and Vega zones with 0.69 Mt at 4.40% Cs2O (Indicated), and 1.70 Mt at 2.40% Cs2O (Inferred). For further information, please contact us at info@pmet.ca or by calling +1 (604) 279-8709, or visit www.pmet.ca. Please also refer to the Company's continuous disclosure filings, available under its profile at www.sedarplus.ca and www.asx.com.au, for available exploration data. This news release has been approved by "KEN BRINSDEN" Kenneth Brinsden, President, CEO, & Managing Director Olivier Caza-LapointeHead, Investor RelationsT: +1 (514) 913-5264E: ocazalapointe@pmet.ca ____________________________________ 1 See Feasibility Study news release dated October 20, 2025. Probable Mineral Reserve cut-off grade is 0.40% Li2O (open-pit) and 0.70% Li2O (underground). Underground development and open-pit marginal tonnage containing material above 0.37% Li2O are also included in the statement. Effective Date of September 11, 2025. 2 The Consolidated MRE (CV5 + CV13 pegmatites), which includes the Rigel and Vega caesium zones, totals 108.0 Mt at 1.40% Li2O, 0.11% Cs2O, 166 ppm Ta2O5, and 66 ppm Ga, Indicated, and 33.4 Mt at 1.33% Li2O, 0.21% Cs2O, 155 ppm Ta2O5, and 65 ppm Ga, Inferred, and is reported at a cut-off grade of 0.40% Li2O (open-pit), 0.60% Li2O (underground CV5), and 0.70% Li2O (underground CV13). A grade constraint of 0.50% Cs2O was used to model the Rigel and Vega caesium zones. The Effective Date is June 20, 2025 (through drill hole CV24-787). Mineral Resources are not Mineral Reserves as they do not have demonstrated economic viability. Mineral Resources are inclusive of Mineral Reserves. 3 Determination based on Mineral Resource data, sourced through July 11, 2025, from corporate disclosure. QUALIFIED/COMPETENT PERSON The technical and scientific information in this news release that relates to the Mineral Resource Estimate for the Company's properties is based on, and fairly represents, information compiled by Mr. Darren L. Smith, M.Sc., P.Geo., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), and member in good standing with the Ordre des Géologues du Québec (Geologist Permit number 01968), and with the Association of Professional Engineers and Geoscientists of Alberta (member number 87868). Mr. Smith has reviewed and approved the related technical information in this news release. Mr. Smith is an Executive and Vice President of Exploration for PMET Resources Inc. and holds common shares, Restricted Share Units (RSUs), Performance Share Units (PSUs), and options in the Company. The information in this news release that relates to the Mineral Reserve Estimate and Feasibility Study is based on, and fairly represents, information compiled by Mr. Frédéric Mercier-Langevin, Ing. M.Sc., who is a Qualified Person as defined by NI 43-101, and member in good standing with the Ordre des Ingénieurs du Québec. Mr. Mercier-Langevin has reviewed and approved the related technical information in this news release. Mr. Mercier-Langevin is the Chief Operating and Development Officer for PMET Resources Inc. and holds common shares, RSUs, PSUs, and options in the Company. DISCLAIMER FOR FORWARD-LOOKING INFORMATION This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as "plan", "development", "growth", "continued", "intentions", "expectations", "emerging", "evolving", "strategy", "opportunities", "anticipated", "trends", "potential", "outlook", "ability", "additional", "on track", "prospects", "viability", "estimated", "reaches", "enhancing", "strengthen", "target", "believes", "next steps" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements include, but are not limited to, statements pertaining to the final TSX approval of the Offerings, the conversion of the Flow-Through Shares into CDIs, the Reoffering, the VW participation, the VW Placement, the role and impact of the Technical Committee, the expected use of proceeds, and the development and positioning of the Company. Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company's forward-looking information is based include, without limitation, the Company's ability to satisfy all closing conditions of the VW Placement, the absence of market conditions that could adversely impact the VW Placement and the absence of material adverse changes in the Company's industry or the global economy including interest rates, inflationary pressures, supply chain disruptions and commodity market volatility. Forward-looking statements are also subject to risks and uncertainties facing the Company's business, any of which could have a material adverse effect on the Company's business, financial condition, results of operations and growth prospects. Readers should review the detailed risk discussion in the Company's most recent Annual Information Form filed on SEDAR+, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate. If any of the risks or uncertainties mentioned above, which are not exhaustive, materialize, actual results may vary materially from those anticipated in the forward-looking statements. The forward-looking statements contained herein are made only as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. The Company qualifies all of its forward-looking statements by these cautionary statements. COMPETENT PERSON STATEMENT (ASX LISTING RULES) The information in this news release that relates to the Feasibility Study ("FS") for the Shaakichiuwaanaan Project, which was first reported by the Company in a market announcement titled "PMET Resources Delivers Positive CV5 Lithium-Only Feasibility Study for its Large-Scale Shaakichiuwaanaan Project" dated October 20, 2025 (Montreal time) is available on the Company's website at www.pmet.ca, on SEDAR+ at www.sedarplus.ca and on the ASX website at www.asx.com.au. The production target from the Feasibility Study referred to in this news release was first reported by the Company in accordance with ASX Listing Rule 5.16 on the date of the original announcement. The Company confirms that, as of the date of this news release, all material assumptions and technical parameters underpinning the production target in the original announcement continue to apply and have not materially changed. The Mineral Resource and Mineral Reserve Estimates in this news release were first reported by the Company in accordance with ASX Listing Rules 5.8 and 5.9 in market announcements titled "World's Largest Pollucite-Hosted Caesium Pegmatite Deposit" dated July 20, 2025 (Montreal time) and "PMET Resources Delivers Positive CV5 Lithium-Only Feasibility Study for its Large-Scale Shaakichiuwaanaan Project" dated October 20, 2025 (Montreal time) and are available on the Company's website at www.pmet.ca, on SEDAR+ at www.sedarplus.ca and on the ASX website at www.asx.com.au. The Company confirms that, as of the date of this news release, it is not aware of any new information or data verified by the competent person that materially affects the information included in the relevant announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changed. The Company confirms that, as at the date of this announcement, the form and context in which the competent person's findings are presented have not been materially modified from the original market announcement. Logo - https://mma.prnasia.com/media2/2916608/PMET_Resources_Inc__Closing_of_Flow_Through_Private_Placement_an.jpg?p=medium600
A12 藝術空間
Mining/Metals
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