Month: September 2026

HIGHLIGHTS

• Positive study outcome: Updated Scoping Study estimates after tax NPV of approximately US$1.07 billion at an 8% real discount rate for Cowboy State Mine, the first phase of Halleck Creek in Wyoming

• Greater production scale: Planned throughput increases 50% to 4.5 million tonnes per annum, with average annual neodymium and praseodymium (NdPr) oxide production of approximately 2,500 tonnes, up 36% from the 2025 base case

• Longer operating platform: A 26 year mine plan, compared with 20 years previously, establishes a larger first phase within the broader Halleck Creek resource

• Advancing a domestic supply pathway: Mine and processing development in Wyoming, together with metallisation test work at Novex, supports ARR’s strategy to connect U.S. rare earth resources with the permanent magnet supply chain

• Defined next milestones: Recovery optimization, pilot and demonstration work, infrastructure studies and permitting are advancing, with separated rare earth oxide from the pilot and demonstration program targeted for late Q2 2027
  

DENVER, Sept. 30, 2026 (GLOBE NEWSWIRE) — American Rare Earths Limited (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or “the Company”) is pleased to announce an updated Scoping Study for Cowboy State Mine (“CSM”), outlining a larger development platform for a potential domestic source of rare earth materials in the United States.

The Study evaluates a 4.5 million tonne per annum operation over 26 years, with estimated after tax NPV of approximately US$1.07 billion at an 8% real discount rate and initial capital of approximately US$900 million, including contingency.

IMPORTANT DISCLOSURES

The Scoping Study is a preliminary technical and economic assessment. While the broader Halleck Creek Mineral Resource includes Inferred Mineral Resources, the production target described in this announcement is based entirely on Indicated Mineral Resources. No Inferred Mineral Resources or Exploration Target material are scheduled as mill feed in the production target. There is no certainty that the production targets or forecast financial outcomes will be realized.

The study is insufficient to support the estimation of Ore Reserves or provide assurance of an economic development case. It is not a PFS or Feasibility Study, and no Ore Reserves have been declared. Investors should not make investment decisions based solely on its results.

Forecast outcomes depend on product prices, recoveries, capital and operating costs, technical performance, approvals and funding. This announcement contains forward-looking statements concerning development, test work, studies, partnerships and capital markets initiatives. Actual outcomes may differ materially because of technical, market, permitting, financing and operational risks.

BUILDING THE RESOURCE BASE FOR A U.S. RARE EARTH SUPPLY CHAIN

The opportunity at Halleck Creek extends beyond the scale of its mineral resource. ARR’s objective is to develop a domestic source of rare earth oxides and progress the technical work needed to connect those materials with U.S. metal and permanent magnet production.

The updated CSM development case provides a larger starting point for that strategy. Planned average annual NdPr oxide production increases from approximately 1,800 tonnes to 2,500 tonnes, while the modelled mine life increases from 20 to 26 years. The project configuration combines mining and mineral concentration at CSM with a separate hydrometallurgical refinery in Wyoming.

ARR’s work with Novex is evaluating the next step in the supply chain: converting rare earth oxide into metal. A 50 kg concentrate sample is with Novex in the United States for recovery optimization and a program intended to progress through to NdPr metal. This work is developmental and does not yet establish commercial metal production.

Together, these activities support the Company’s ambition to supply materials for permanent magnets used in defence, aerospace, electric vehicles, power generation, robotics and other advanced industries. The updated Scoping Study evaluates the mine and oxide production case; it does not establish the economics of a completed mine-to-magnet business.

“Our ambition is to turn Halleck Creek’s resource scale into a long term source of rare earth materials for American industry. This study gives investors a clearer view of the first development phase and the work that is moving it forward.”

“We are now evaluating a mine with 50% greater processing capacity, 36% more annual NdPr oxide production and a longer operating life than the 2025 base case. That is a substantial platform from which to advance the project.”

“Just as important is the work beyond the study. We are testing how to recover more value from the ore, refining the infrastructure and processing configuration, and working with Novex on the pathway from oxide to metal. Our focus is on the decisions that can improve the project before major capital is committed.”

“We see an opportunity for Halleck Creek to become a significant domestic source of rare earth materials. Our job now is to advance the technical, permitting and funding work needed to turn that opportunity into a development decision.”

– Mark Wall, Chief Executive Officer, American Rare Earths

JORC FRAMEWORK ALIGNED WITH SEC INITIAL ASSESSMENT

The 2026 Scoping Study has been prepared under the JORC Code (2012) and reflects the same technical basis, mine plan and cost estimates that underpin the parallel U.S. SEC Regulation S-K, Subpart 1300 Assessment. The Company has undertaken this conversion to ensure compliance with ASX regulations as ARR advances its NASDAQ listing preparation. The report conversion to JORC now delivers one integrated technical story presented in formats that meet both Australian and U.S. reporting requirements.

A LARGER FIRST PHASE AT HALLECK CREEK

CSM is the first development phase of the broader Halleck Creek Project, which hosts a reported JORC Mineral Resource of approximately 2.63 billion tonnes at 3,292 ppm total rare earth oxides (“TREO”). The updated study evaluates an initial CSM mine plan rather than development of the entire Halleck Creek resource.

Key measure	2025 Scoping Study base case	2026 Scoping Study base case
Planned ROM throughput	3.0 Mtpa	4.5 Mtpa
Modelled mine life	20 years	26 years
Start of commissioning / commercial production	–	Year 2030 / 2031
Material mined in the mine plan	62.3 Mt	135.0 Mt
Waste mined	23.6 Mt	18.7 Mt
Average annual NdPr oxide production	Approximately 1,833 tonnes	Approximately 2,500 tonnes
After tax NPV at 10% real	US$558 million	US$764 million
After tax NPV at 8% real	Not used as headline base case	Approximately US$1.07 billion
After tax IRR	24%	21%
Reported after tax payback from first capital	2.7 years	6.9 years
Initial capital, including contingency	US$456 million	US$900 million
Contingency	US$76 million; 20%	Approx. US$210 million; 30% of direct capital
Closure capital	Included within the study framework	US$56 million
NdPr oxide price assumption	US$91/kg1	US$151/kg
Average operating cost	Based on 2023 cost inputs	US$39.68/t ROM processed

Basis of comparison: The updated case changes processing scale, mine life, product pricing, recoveries, capital and operating costs. Higher modelled NPV should not be attributed solely to technical improvements. The 2026 base case uses an 8% real discount rate, compared with 10% in the 2025 headline case; NPVs at different discount rates are not a direct measure of value improvement.

The 2026 estimates are stated in constant Q1 2026 U.S. dollars. The assumed US$151/kg NdPr oxide price is a study input, not a contracted sales price. Payback figures require confirmation on a consistent timing basis before comparison. Mineral Resources are not Ore Reserves and do not have demonstrated economic viability. 391 M tonnes of material is currently classified as Indicated. The production target is based on 100% Indicated Mineral Resources. No Inferred Mineral Resources or Exploration Target material is scheduled as mill feed in the production target. The Mineral Resources underpinning the production target were prepared in accordance with the JORC Code by the named Competent Persons.

The project is most sensitive to NdPr recovery, NdPr pricing, and discount rate.   Single-variable sensitivities were evaluated over a range of -30% to +30%. The results demonstrate that project economics remain most influenced by NdPr pricing and recovery assumptions. Refer to Chapter 18 of the Scoping Study for the detailed sensitivity analysis.

TECHNICAL WORK DEFINES THE DEVELOPMENT CASE

The updated study incorporates a larger mine plan, more detailed engineering and revised cost estimates. It also adopts lower product recoveries and a higher capital contingency than the 2025 study, providing an updated basis for the next phase of project assessment.

The development concept comprises mine site comminution and concentration, with a separate hydrometallurgical refinery in the Wheatland or Laramie area. CSM is located on Wyoming State mineral leases, with near surface mineralisation and proximity to regional highway, rail, natural gas and power infrastructure. Site selection, infrastructure requirements and permitting remain part of the development work.

Initial capital is estimated at US$900 million, comprising approximately US$690 million of direct capital and US$210 million of contingency. The 30% contingency allowance applies to direct capital, compared with 20% in 2025. Closure of US$56 million at the end of mine life is provided separately.

The larger capital requirement reflects the expanded development case and revised engineering and cost allowances. The estimate remains at Scoping Study level, with stated accuracy of approximately ±30% to ±50%; a higher contingency does not remove construction, financing or execution risk.

RECOVERY OPTIMIZATION TARGETS FURTHER VALUE

The updated study uses the following recoveries to product. The reductions, particularly for the heavy rare earths, are material and remain a focus of the ongoing test work.

Product	2025 recovery	2026 recovery
NdPr oxide	63.9%	58.2%
Terbium oxide	70.2%	28.7%
Dysprosium oxide	66.5%	12.4%
Samarium, europium and gadolinium (SEG) product	70.1%	25.8%

Nagrom and Saskatchewan Research Council: A large sample is currently with Nagrom in Perth, with transfer to Saskatchewan Research Council in Canada scheduled for December 2026. The program is targeting improvements in NdPr and heavy rare earth recovery.

Novex: The 50 kg concentrate program in the United States is evaluating oxide recovery and the route to NdPr metal. Additional work includes process performance for NdPr, terbium, dysprosium, samarium and yttrium, together with evaluation of a U.S. rare earth metal production facility under the existing MoU.

Reagent consumption, operating costs and process configuration are further areas for optimization. Potential recovery improvements, additional product streams and downstream opportunities remain subject to test results and further assessment; they should not be treated as established project outcomes.

ADVANCING THE NEXT DEVELOPMENT MILESTONES

The PFS remains in progress. ARR is evaluating recovery, infrastructure, project configuration and development sequencing before finalizing the prefeasibility study, while advancing Feasibility Study work related to drilling and resource definition. The objective is to maintain progress without committing prematurely to choices that could affect capital efficiency or operating performance.

The 2026 Scoping Study is an update on the work completed to date and replaces the previously issued 2025 Scoping study, and is not a substitute for the prefeasibility study, which is currently ongoing. Drilling and associated technical work undertaken to support future reserve definition have not been incorporated into this Scoping Study and remain part of the ongoing feasibility study program.

“The most valuable decisions are often made before the feasibility study starts. Our focus is on getting the recovery assumptions, plant configuration, infrastructure and execution plan right while those choices can still materially improve project outcomes with minimal additional cost.”

“We are working through those decisions in the PFS and advancing suitable feasibility work in parallel. The objective is a better defined project with appropriate trade-offs considered, and a disciplined pathway towards a development decision.”

– Andrew Conover, Chief Development Officer, American Rare Earths

Workstream	Next milestone or objective
Pilot and demonstration program	Confirm and optimize NdPr and heavy rare earth recovery; separated rare earth oxide targeted for late Q2 2027.
Nagrom and SRC	Continue current test work and transfer the sample to SRC during December 2026 for additional recovery optimization.
Novex oxide to metal program	Advance the 50 kg concentrate test program towards oxide recovery optimization and production of NdPr metal from Halleck Creek material.
Engineering and study progression	Resolve key infrastructure, site configuration, capital and operating cost trade offs for the PFS; advance suitable Feasibility Study work in parallel.
Permitting and water studies	Progress the WDEQ Land Quality Division permit to mine application with WWC Engineering, together with hydrology and hydrogeology work.
Broader Halleck Creek opportunity	Continue the Whole of Property Assessment to evaluate development opportunities beyond the initial CSM case.
U.S. capital markets readiness	Progress PCAOB audits and SEC S-K 1300 technical disclosure work in support of a potential Nasdaq listing pathway.

These are planned workstreams and targets, not guarantees of timing or outcome. Completion of the PFS, subsequent studies, permitting and financing will be required to support future development decisions.

FUNDING AND U.S. CAPITAL MARKETS READINESS

Development would require approximately US$900 million of initial capital, including contingency, materially exceeding the Company’s current cash resources and would require funding from a combination of sources.

ARR considers a range of funding options potentially available based on the strategic importance of developing a domestic U.S. rare earth supply chain, the scale and life of the Project, and funding structures commonly used for large critical minerals projects. These options may include strategic investors, project debt, equity funding, government-supported programs, and joint venture arrangements.

In the near term, funding will primarily be required to complete additional studies, permitting and project development activities. The funding required for these activities is expected to be substantially less than the estimated construction capital.

The Company has previously announced a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM). The Letter of Interest is not committed financing and remains subject to further evaluation, due diligence and approvals.

No formal project financing process has commenced and there can be no assurance that funding will be available when required or on acceptable terms. Equity financing may dilute existing shareholders, while joint ventures or other funding arrangements may reduce ARR’s ownership interest or economic exposure to the Project.

The updated JORC Scoping Study shares its underlying technical basis with the parallel SEC Regulation S-K, Subpart 1300 Initial Assessment prepared to support a potential Nasdaq listing. The reports use different reporting standards and are not interchangeable. Listing readiness does not constitute approval of a listing or assurance of project funding.

Competent Person statement and supporting disclosure

This work was reviewed and approved for release by Mr. Kelton Smith (Society of Mining, Metallurgy & Exploration #4227309RM) who is employed by Tetra Tech Inc. and has sufficient experience which is relevant to the processing, separation, metallurgical testing and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 JORC Code. Mr. Smith is an experienced technical manager with a degree in Chemical engineering, operations management, and engineering management. He has held several senior engineering management roles at rare earth companies (Molycorp and NioCorp) as well as ample rare earth experience as an industry consultant. Mr. Smith consents to the inclusion in this announcement of the matters based upon the information in the form and context in which it appears.

This work was reviewed and approved for release by Mr. Patrick A Sobecke (Society of Mining, Metallurgy and Exploration #04133849RM) who is employed by Stantec and has sufficient experience which is relevant to the mining plan and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 JORC Code. Mr. Sobecke is a Professional Engineer (IL 062.064122) with over 21 years of experience in multiple commodities, mining methods and countries. Mr. Sobecke consents to the inclusion in this announcement of the matters based upon the information in the form and context in which it appears.

This work was reviewed and approved for release by Mr. Alfred J Gillman, a Fellow and Chartered Profession of the Australasian Institute of Mining and Metallurgy (AusIMM 107303). Mr. Gillman is an independent geological consultant to American Rare Earths Limited and has sufficient experience relevant to the style of mineralization and type of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr. Gillman consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear.

This work was reviewed and approved for release by Mark W. Travis, CPG, a Certified Professional Geologist and member of the American Institute of Professional Geologists (AIPG CPG-12090). Mr. Travis is an independent geological consultant to American Rare Earths Limited and has sufficient experience relevant to the style of mineralization and type of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr. Travis consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear.

This announcement has been authorized for release by the Board of American Rare Earths Limited.

For the full Scoping Study, including the JORC Table, please refer to the ASX release available on the Company’s website here:

https://app.sharelinktechnologies.com/announcement-preview/asx/5018dfe907e7cc0548d96bbd57b8a97a

For further information:

Investor Relations Nick Lissolo nlissolo@americanree.com www.americanree.com	Stock Information ASX: ARR OTCQX: ARRNF ADR: AMRRY Media Contact: Susan Assadi sassadi@americanree.com 347 977 7125 Additional Investor Relations US Contact: Beverly Jedynak Beverly.jedynak@viriathus.com 312 943 1123

ABOUT AMERICAN RARE EARTHS LIMITED

American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) is a critical minerals company at the forefront of reshaping the U.S. rare earths industry. Through its wholly owned subsidiary, Wyoming Rare (USA) Inc. (“WRI”), the company is advancing the Halleck Creek Project in Wyoming, a world class rare earth deposit with the potential to secure America’s critical mineral independence for generations. Located on Wyoming State land, the Cowboy State Mine within Halleck Creek offers cost efficient open pit mining methods and benefits from streamlined permitting processes in this mining friendly state.

With plans for onsite mineral processing and separation facilities, Halleck Creek is strategically positioned to reduce U.S. reliance on imports, predominantly from China, while meeting the growing demand for rare earth elements essential to defense, advanced technologies, and economic security. As exploration progresses, the project’s untapped potential on both State and Federal lands further reinforces its significance as a cornerstone of U.S. supply chain security. In addition to its resource potential, American Rare Earths is committed to environmentally responsible mining practices and continues to collaborate with U.S. Government supported R&D programs to develop innovative extraction and processing technologies for rare earth elements. Further information is available at www.americanree.com.

FORWARD LOOKING STATEMENTS

This announcement contains forward-looking statements that involve subjective judgement and analysis and accordingly, are subject to significant uncertainties and risks, many of which are outside the control of, and are unknown to, American Rare Earths (“ARR”). In such circumstances, the forward-looking statements can be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “seek”, “estimate”, “believe”, “continue” or other similar words. No representation, warranty or assurance is given or made in relation to any forward-looking statement by ARR or its representatives, In addition, no representation, warranty or assurance is given in relation to any underlying assumption or that any forward-looking statements will be achieved. Actual future events may vary materially from the forward-looking statements and the assumptions on which the forward-looking statements are based. Accordingly, announcement readers are cautioned not to place undue reliance on such forward-looking statements as a result of the uncertainties. ARR wishes to caution readers that these forward-looking statements are based on economic predictions and assumptions on reserves, mining method, production rates, metal prices and costs (both capital and operating) developed by ARR management in conjunction with consultants. This presentation and the forward-looking statements made in this announcement, speak only as of the date of the announcement. Accordingly, subject to any continuing obligations under the Corporations Act and the Australian Securities Exchange Listing Rules, ARR disclaims any obligation or undertaking to publicly update or revise any of the forward-looking statements in this announcement, whether as a result of new information, or any change in events, conditions or circumstances on which any such statements is based.

^{_____________________________
1} American Rare Earths, ASX announcement, 24 February 2025, including the study pricing and economic summary: https://www.aspecthuntley.com.au/asxdata/20250224/pdf/02916370.pdf

Company Highlights Product Strategy, Balance Sheet Initiatives, and Growth Priorities

PLANO, Texas, Sept. 30, 2026 (GLOBE NEWSWIRE) — Wanderport Corporation (OTC: WDRP) (the “Company”) today provided a shareholder update on its strategic priorities, including the development of practical AI-powered applications, exploration of physical AI opportunities, progress toward an early beta launch of Issuer Works, and initiatives to strengthen its financial foundation and support long-term growth.

Wanderport’s product strategy centers on AI-powered applications that address business and consumer needs. The Company is also exploring opportunities in physical AI, with management prioritizing practical solutions that deliver clear value and encourage customer adoption.

The Company’s broader objective is to build a sustainable business with recurring revenue opportunities and steady growth. Management is focused on disciplined execution and commercial priorities that translate product development into customer adoption and long-term shareholder value.

Wanderport expects to launch an early beta of Issuer Works soon and is inviting issuers and service providers to participate as early adopters. Issuer Works brings together public and private companies, capital markets professionals, and AI-powered tools to support financial reporting, regulatory filings, corporate actions, financing, and growth. Its marketplace helps companies connect with securities counsel, accountants, auditors, financing partners, investor relations firms, and other specialists, while its AI assistants help streamline report preparation, review, and service requests.

By combining professional services and AI-powered assistance in one platform, Issuer Works is designed to help companies reduce the time and effort required to find expertise and manage key corporate tasks. For service providers, the platform offers a channel to showcase their capabilities and connect with prospective clients. Early adopter participation will help the Company gather feedback, refine the user experience, and assess commercial opportunities as the platform develops.

The Company is also working to strengthen its balance sheet by restructuring existing debt in connection with preferred shares it intends to create. These initiatives are intended to improve its financial foundation and support operations and future growth.

Wanderport has not issued new common shares since mid-2024. The Company remains committed to managing its capital structure responsibly and limiting dilution wherever practicable, while retaining appropriate flexibility to fund the business.

The Company is actively seeking strategic acquisitions that could expand its product capabilities, strengthen its market position, and accelerate growth. Management intends to evaluate these opportunities based on their strategic fit and potential to create long-term shareholder value.

“Our priority is to turn practical AI capabilities into products that customers find useful and that can support a sustainable business,” said Keith Nguyen, CEO of Wanderport Corporation. “Issuer Works is designed to help companies access professional expertise and manage important corporate tasks more efficiently, while helping service providers reach prospective clients. We believe disciplined execution, responsible capital management, and selective growth opportunities, including acquisitions, can build a stronger foundation for long-term shareholder value.”

About Wanderport Corporation:

Wanderport Corporation (OTC: WDRP) is a technology-focused company committed to developing and offering practical solutions that apply artificial intelligence to real-world business and consumer needs. The Company seeks to leverage emerging technologies to improve efficiency, enhance decision-making, and create long-term value for its customers and shareholders.

For additional information, visit https://wanderportcorp.com
X: @wanderport

Forward-Looking Statements:

This press release contains forward-looking statements, including statements concerning the Company’s strategy, artificial intelligence initiatives, technology development, growth plans, market opportunities, and future performance. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The Company may be unable to successfully develop, commercialize, or generate revenue from its proposed products and services. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law. Investors should review the Company’s public disclosures for additional information regarding the risks and uncertainties associated with its business.

Contact:
Wanderport Corporation
www.wanderportcorp.com

Investor Relations:
ir@wanderportcorp.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7090ab0-2a99-4ee5-beb6-8c542ae2d50e

NEW YORK, Sept. 30, 2026 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in delivering performance at scale for advertisers, today announced its technology DeeperDive has won the 2026 AdExchanger Award for excellence in publisher growth and monetization.

As a cornerstone of Taboola’s Agentic roadmap, DeeperDive helps publishers meet the evolving expectations of readers by allowing them to explore stories with greater depth, trust, and a stronger sense of community. It brings the power of Gen AI search engines directly onto publisher websites, tapping into years of proprietary, real-time, high-quality content created by journalists and editors across the open web. Since launch, DeeperDive has been adopted by trusted publishers globally and now reaches more than 11 million monthly active users.

The AdExchanger Awards spotlighted an entry entitled “DeeperDive: How Taboola Turned AI’s Biggest Threat to Publishers Into a Growth Platform,” where Taboola demonstrated the technology’s ability to drive substantial traffic, engagement and monetization opportunities for publishers.

The awards recognize the organizations, technologies and teams driving measurable impact across today’s advertising ecosystem. They highlight breakthrough technologies, data-driven campaigns, visionary leadership and innovative media strategies that are setting the standard for performance, innovation and growth.

AdExchanger Award winners were selected by an independent panel of senior industry practitioners and judged on innovation, measurable impact, and technical execution, across a variety of categories.

“DeeperDive has brought the transformative power of generative AI directly to trusted publishers worldwide,” said Adam Singolda, CEO and Founder of Taboola. “Being recognized by AdExchanger for driving publisher growth and monetization is a tremendous honor. We built DeeperDive to empower publishers to thrive in the AI era within their own ecosystems while enabling readers to engage more deeply with content they care about. The rapid adoption and strong engagement we’re seeing are testaments to its value. Thanks to AdExchanger for this recognition and to the entire Taboola team for bringing this vision to life.”

About Taboola
Taboola empowers businesses to grow through performance advertising technology that goes beyond search and social and delivers measurable outcomes at scale.

Taboola works with thousands of businesses who advertise directly on Realize, Taboola’s powerful ad platform, reaching over 600M daily active users across some of the best publishers in the world. Publishers like NBC News and Yahoo, and OEMs such as Samsung, Xiaomi and others use Taboola’s technology to grow audience and revenue, enabling Realize to offer unique data, specialized algorithms, and unmatched scale.

Disclaimer – Forward-Looking Statements
Taboola (the “Company”) may, in this communication, make certain statements that are not historical facts and relate to analysis or other information which are based on forecasts or future or results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 under Part 1, Item 1A “Risk Factors” and our subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based

CONTACT: Contact
Dave Struzzi
Dave.s@taboola.com

MIDLAND, Texas, Sept. 30, 2026 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release third quarter 2026 financial results on November 2, 2026 after the market closes.

In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the third quarter of 2026 on Tuesday, November 3, 2026 at 8:00 a.m. CT. Access to the live webcast, and replay which will be available following the call, may be found here. The live webcast of the earnings conference call will also be available via Diamondback’s website at www.diamondbackenergy.com under the “Investor Relations” section of the site.

About Diamondback Energy, Inc.

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

Investor Contact:
Adam Lawlis
+1 432.221.7467
alawlis@diamondbackenergy.com

MIDLAND, Texas, Sept. 30, 2026 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release third quarter 2026 financial results on November 2, 2026 after the market closes.

In connection with the earnings release, Viper will host a conference call and webcast for investors and analysts to discuss its results for the third quarter of 2026 on Tuesday, November 3, 2026 at 10:00 a.m. CT. Access to the live webcast, and replay which will be available following the call, may be found here. The live webcast of the earnings conference call will also be available via Viper’s website at www.viperenergy.com under the “Investor Relations” section of the site.

About Viper Energy, Inc.

Viper is a corporation formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on owning and acquiring mineral and royalty interests in oil-weighted basins, primarily the Permian Basin. For more information, please visit www.viperenergy.com.

About Diamondback Energy, Inc.

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.  For more information, please visit www.diamondbackenergy.com.

Investor Contact:
Chip Seale
+1 432.247.6218
cseale@viperenergy.com

WOOD DALE, Ill., Sept. 30, 2026 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it has entered into a new $220.0 million committed revolving credit facility (the “Credit Facility”). The new three-year Credit Facility increases PSI’s committed borrowing capacity from $135.0 million to $220.0 million, providing enhanced liquidity and financial flexibility to support the Company’s continued growth and strategic initiatives. The Credit Facility matures on September 25, 2029. The Credit Facility replaces the Company’s prior credit facility with Standard Chartered Bank, which was repaid in full and terminated in connection with the closing of the Credit Facility.

Borrowings under the Credit Facility bear interest, at the Company’s option, at the applicable Term Secured Overnight Financing Rate (“SOFR”) plus 1.80% per annum or at an alternate base rate plus an applicable margin. SOFR borrowings under the prior facility bore interest at SOFR plus 2.60% per annum.

Richard Hu, Chief Executive Officer, commented, “The expansion of our committed credit facility is an important step in supporting PSI’s continued growth. The increased capacity and longer-term committed financing provide additional flexibility as we execute our strategy, serve our customers and pursue growth opportunities across our businesses.”

Kenneth Li, Chief Financial Officer, stated, “The increase in committed capacity from $135 million to $220 million, together with the reduction in our borrowing spread, strengthens our liquidity position and provides additional financial flexibility to support the Company’s continued growth. We appreciate the support of our banking partners and their confidence in PSI.”

The lenders under the Credit Facility are HSBC Bank USA, National Association, which also serves as administrative agent; Australia and New Zealand Banking Group Limited; Bank of China Limited, Chicago Branch; and BNP Paribas. Additional information regarding the Credit Facility is included in the Company’s Current Report on Form 8-K filed today with the U.S. Securities and Exchange Commission.

About Power Solutions International, Inc. 

Power Solutions International, Inc. (PSI) is a leader in the design, engineering and manufacture of a broad range of advanced, emission-certified engines and power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers and end-user customers within the power systems, industrial and transportation end markets. The Company’s in-house design, prototyping, engineering and testing capabilities allow PSI to customize high-performance engines using a fuel-agnostic strategy to run on a wide variety of fuels, including natural gas, propane, gasoline, diesel and biofuels.

PSI develops and delivers complete power systems that are used worldwide in stationary and mobile power generation applications supporting standby, prime, demand response, and microgrid solutions, as well as products and packages supporting the growing data center markets. PSI’s industrial end market provides engine and battery powertrain solutions to serve applications such as forklifts, agricultural and turf, arbor care, industrial sweepers, aerial lifts, irrigation pumps, ground support, and construction equipment. PSI’s transportation end market provides engine powertrain solutions to specialized applications such as terminal tractors, port equipment, military vehicles, and other non-road vocational vehicles. For more information on PSI, visit www.psiengines.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect the Company’s current expectations and assumptions regarding future events. Words such as “anticipate,” “believe,” “budget,” “contemplate,” “continue,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “outlook,” “plan,” “position,” “project,” “prospect,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in or implied by such statements.

Important factors that could cause actual results to differ materially include, without limitation: the Company’s ability to comply with the financial and other covenants under the Credit Facility; the timing and ultimate conversion of Power Systems orders into revenue, including data-center-related orders, and the volume and timing of related shipments; quarterly variability in product mix and the corresponding effect on gross profit and gross margin; the cost, pace, throughput and operational outcomes of capacity ramp-up activities at the Company’s Wisconsin operations, including the duration and magnitude of related production costs; the Company’s ability to execute operational improvement initiatives on the anticipated timetable; the level and persistence of customer demand in the power systems, industrial and transportation end markets; volatility in oil and gas prices and corresponding demand for related products; supply-chain disruptions, component availability and supplier performance; macroeconomic, regulatory and trade conditions, including U.S. tariffs and trade restrictions; integration of recent and future acquisitions, including the acquisition of MTL Manufacturing & Equipment Inc.; the outcome of pending or threatened litigation and regulatory inquiries, including the previously disclosed putative federal securities class action; changes in management or other personnel, including the timing of any related disclosures; the ability to recruit and retain key employees; the impact of changes in our effective tax rate or applicable tax legislation; and the other risks and uncertainties described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and in the Company’s subsequent filings with the U.S. Securities and Exchange Commission, all of which are incorporated by reference into this press release.

The Company’s forward-looking statements speak only as of the date of this release. Except as required by law, the Company expressly disclaims any intention or obligation to revise or update any forward-looking statement, whether as a result of new information, future events or otherwise. Investors are cautioned not to place undue reliance on any forward-looking statements.

CONTACT: Contact:

Power Solutions International, Inc.
Kenneth Li
Chief Financial Officer
630-284-9719
kli@psiengines.com

Multi-Megawatt deployment at BCN1 combines dedicated AI capacity, advanced cooling and private connectivity through ServiceFabric®, supporting scalable AI inference services from Barcelona

AUSTIN, Texas, Sept. 30, 2026 (GLOBE NEWSWIRE) — Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced that Blackfuel has selected Digital Realty’s BCN1 data center in Barcelona as the foundation for deploying and scaling its AI inference platform.

Built on liquid-cooled Dell Technologies AI Factory infrastructure and AMD GPUs, the deployment brings together substantial dedicated AI capacity, Digital Realty’s global PlatformDIGITAL® ecosystem and ServiceFabric®, the company’s software-defined interconnection platform. Open by design, Digital Realty’s platform supports the full range of AI infrastructure stacks and accelerator architectures across its global ecosystem, giving customers the flexibility to deploy AI where and how it best supports their workloads.

The core of the collaboration is the integration of Blackfuel’s inference platform with ServiceFabric®, enabling AI services to be delivered across Digital Realty’s connected ecosystem, closer to the enterprise applications, data and users they are designed to serve.

Rather than requiring organizations to move large volumes of data across public environments to access AI capabilities, the combined solution brings inference closer to where data already resides. Delivered through private connectivity, ServiceFabric® provides a low-latency, low-jitter network path that can help reduce Time-to-First-Token (TTFT), improve perceived response times and support faster completion of agentic AI workflows, while giving enterprises greater control over security and data flows.
For agentic workflows requiring 20 to 50 sequential inference API calls, reducing TTFT by 50 milliseconds through ServiceFabric®’s optimized network latency can shorten overall task completion time by 1 to 2.5 seconds compared with public internet connectivity. At the scale of millions of tasks per day, these incremental gains can translate into significant efficiencies, highlighting the importance of low-latency connectivity alongside inference performance.

By connecting directly to ServiceFabric®, Blackfuel can reach enterprises, cloud providers, networks and digital ecosystems across Digital Realty’s global platform, creating a scalable route for customers to consume high-performance AI inference within the environments where their digital operations already take place.

“The next infrastructure layer will be built around tokens. With Digital Realty and ServiceFabric®, we are building the foundations of Blackfuel’s AI Token Grid: dedicated inference capacity with global reach and local control, connected to where enterprises’ data and applications live. Barcelona is our first step toward a much larger ambition: making reliable AI capacity available wherever businesses need it,” said Blackfuel.

Today, ServiceFabric® extends across more than 800 Digital Realty and third-party data centers worldwide, giving Blackfuel a global connectivity fabric through which it can scale AI services beyond Barcelona while supporting more deterministic access to distributed enterprise data sets, tools and applications. This helps transform AI from an Internet-accessed service into an enterprise-grade platform, improving responsiveness, governance and the ability to scale adoption across business-critical use cases.

“The next phase of AI will be measured in useful tokens per megawatt and delivering them takes more than compute alone. It takes power, cooling and connectivity working together as one platform.” said Chris Sharp, Chief Technology Officer, Digital Realty. “By bringing Blackfuel’s inference platform onto ServiceFabric®, enterprises can reach high-performance AI services on the same connected ecosystem where their applications and data already live. Barcelona is the first proof point, and we’re excited to help Blackfuel scale from here.”

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

About Blackfuel
Blackfuel is an inference-focused neocloud co-founded by Charles Kantor, Xavier Fischer and Dali Kilani. Its founding team brings experience across frontier AI, model quantization and cloud software. The company combines dedicated accelerator infrastructure, proprietary software and long-term commercial commitments to build and operate AI compute at scale. Its platform serves dedicated capacity and managed inference needs, with European deployments forming the foundation for global expansion.

For Additional Information

Rémi Andreassian
Digital Realty
+33 1 53 56 69 23
randreassian@digitalrealty.com

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 (737) 281-0101
InvestorRelations@digitalrealty.com

Media Contact
Blackfuel
comms@blackfuel.ai

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the company’s strategy, expectations, AI infrastructure demand, the capabilities and benefits of PlatformDIGITAL®, ServiceFabric®, and other Digital Realty offerings, anticipated performance, scalability and availability of AI-related solutions, expected benefits of Digital Realty’s collaboration with Blackfuel and other technology providers and customer demand for company’s products and services. For a list and description of risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. 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.