Month: September 2026

OCEANSIDE, Calif., Sept. 21, 2026 (GLOBE NEWSWIRE) — Suja Life, Inc. (NASDAQ: SUJA) (“Suja Life,” “Suja” or the “Company”), a leading better-for-you beverage company and maker of Suja Organic, Vive Organic and Slice Soda, today announced the appointment of Michael Mougias as Head of Investor Relations and Public Relations, effective September 14, 2026.

Mougias will lead the Company’s investor relations and public relations functions, with a focus on deepening engagement with the investment community, broadening awareness of Suja Life’s strategy and strengthening the Company’s corporate communications.

“Mike brings deep public company experience and a strong understanding of the capital markets at an important point in Suja Life’s evolution,” said Maria Stipp, Chief Executive Officer of Suja Life. “As we continue to establish Suja Life in the public markets, his experience will be valuable in deepening our engagement with shareholders, sharpening how we communicate our strategy and building greater awareness of Suja’s long-term growth strategy.”

Mougias brings over 15 years of capital markets and public company experience spanning investor relations, financial planning and analysis, corporate development and strategic communications. Over the course of his career, he has built and led investor relations programs for multiple newly listed companies.

Prior to joining Suja, Mougias served as Vice President of Investor Relations and FP&A at BARK, Inc. He previously held senior investor relations and finance roles at tZERO, then a subsidiary of Overstock.com, and IMAX Corporation, where he also supported the initial public offering of IMAX China on the Hong Kong Stock Exchange. Mougias holds a B.A. in Economics and Finance from Sacred Heart University.

About Suja Life
At Suja Life, we’re changing what beverages bring to the table. We make organic, cold-pressed juices, wellness shots, and better-for-you sodas that deliver real functional benefits, exceptional taste, and high-quality ingredients, because we believe beverages should be as delicious as they are good for you. Our three brands – Suja Organic, Vive Organic, and Slice Soda – reach consumers through thousands of retail doors nationally. We operate a vertically integrated high-pressure processing and cold-pressed beverage facility, processing approximately 1 million pounds of organic produce each week and moving from farm to bottle in as few as eight days. With category-leading brands, a dedication to operational excellence, and a proven innovation engine, Suja Life is positioned at the front of the growing natural healthy beverage space.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact included in this press release are forward-looking statements. These statements may include words such as “anticipate,” “expect,” “may,” “will,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future performance or other events. For example, statements regarding Mr. Mougias’ expected contributions to the Company. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected, including those disclosed under the “Risk Factors” section in our final prospectus filed with the SEC under Rule 424(b) on May 8, 2026.

The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Investor and Press Contact
Michael Mougias
Investors@Sujalife.com
Press@Sujalife.com

        

• Investment was led by Clene’s Chairman of the Board of Directors, alongside founding investor Kensington Capital Holdings, Clene’s Chief Executive Officer and other existing shareholders
• $4 million registered direct offering was priced at market under Nasdaq rules
• Proceeds are expected to be sufficient to fund the Company to mid-first quarter 2027, which is beyond the potential FDA decision to accept the CNM-Au8^® NDA for review under the accelerated approval pathway 

SALT LAKE CITY, Sept. 21, 2026 (GLOBE NEWSWIRE) — Clene Inc. (Nasdaq: CLNN), a clinical-stage biotechnology company focused on ALS, today announced the closing of a registered direct offering of common stock to existing shareholders, including insiders, with total gross proceeds of $4 million.

The offering was led by Clene’s Chairman of the Board of Directors, David Matlin, alongside founding investor Kensington Capital Holdings, Clene’s Chief Executive Officer and other existing shareholders.

The offering was made without a placement agent, underwriter, broker or dealer, and is expected to provide Clene with sufficient cash to fund its operations through mid-first quarter 2027, which is beyond the potential U.S. Food and Drug Administration (FDA) decision for accepting the New Drug Application (NDA) for review of CNM-Au8^® for treatment of amyotrophic lateral sclerosis (ALS) under the accelerated approval pathway. In addition, if the FDA accepts the NDA from Clene for review, the Company could potentially receive $6.7 million to $7.8 million in proceeds from common stock warrants issued in a January 2026 financing that could further extend the Company’s cash runway. 

About Clene
Clene Inc. (Nasdaq: CLNN), along with its subsidiaries, “Clene” and its wholly owned subsidiary Clene Nanomedicine, Inc., is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson’s disease, and multiple sclerosis. CNM-Au8^® is an investigational first-in-class therapy that improves central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the NAD pathway while reducing oxidative stress. CNM-Au8^® is a federally registered trademark of Clene Nanomedicine, Inc. The company is based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland. For more information, please visit www.clene.com or follow us on X (formerly Twitter) and LinkedIn.

Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the “safe harbor” provisions created by those laws. Clene’s forward-looking statements include, but are not limited to, statements regarding the timing of the Company’s NDA submission, that the biomarker findings support an NDA submission, and the timing of the initiation of the Phase 3 trial. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements represent our views as of the date of this press release and involve a number of judgments, risks and uncertainties. We anticipate that subsequent events and developments will cause our views to change. We undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date. As a result of a number of known and unknown risks and uncertainties, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include general market conditions, whether clinical trials demonstrate the efficacy and safety of our drug candidates to the satisfaction of regulatory authorities, or do not otherwise produce positive results which may cause us to incur additional costs or experience delays in completing, or ultimately be unable to complete the development and commercialization of our drug candidates; the clinical results for our drug candidates, which may not support further development or marketing approval; the post hoc and exploratory nature of the biomarker analyses described in this press release, which were not prespecified, were not adjusted for multiplicity, and are based on small patient numbers, and which may not be predictive of results in future trials; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials and marketing approval; our ability to achieve commercial success for our drug candidates, if approved; our limited operating history and our ability to obtain additional funding for operations and to complete the development and commercialization of our drug candidates; and other risks and uncertainties set forth in “Risk Factors” in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and you are cautioned not to rely unduly upon these statements. All information in this press release is as of the date of this press release. The information contained in any website referenced herein is not, and shall not be deemed to be, part of or incorporated into this press release.

Investor Contact: Kevin Gardner, LifeSci Advisors; kgardner@lifesciadvisors.com; 617-283-2856
Media Contact: Caroline Wagner, FTP; CWagner@ftpadvocacy.com; (267) 294-6563 

14-well multilateral development inventory across Alberta and Saskatchewan Canada combines existing production, re-entry potential and staged development designed to recycle production cash flow into future drilling

Boca Raton, Florida., Sept. 21, 2026 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), today announced the execution of farm-in and development agreement with Croverro Energy Ltd. (“Croverro”), a Calgary-based heavy-oil operator specializing in multilateral horizontal development in the Lloydminster region of Alberta and Saskatchewan.

The transaction provides Trio with a relatively low-cost option to participate in a multi-year development earning program comprising up to 14 new multilateral drilling opportunities – five in Alberta and nine in Saskatchewan – together with a re-entry and producing-property acquisition.

Trio believes the Croverro program is an important step in its previously announced strategy to build a substantially larger Canadian oil and gas business through a combination of acquisitions, development drilling and strategic operating partnerships. In parallel with development of the Croverro assets, and in furtherance of its stated growth strategy, Trio intends to continue evaluating and pursuing additional oil producing-property acquisitions and development opportunities that complement its growing Canadian portfolio.

A fundamental component of the transaction is that Croverro will remain the operator of the development program. Trio believes the combination of Croverro’s specialized multilateral drilling expertise, familiarity with the assets, a substantial inventory of development opportunities and a staged capital program designed to use cash flow from earlier production to contribute toward subsequent drilling, provides Trio with the potential foundation for a significant and scalable Canadian heavy-oil business.

Croverro – A Specialized Lloydminster Multilateral Operator

Trio’s decision to pursue the opportunity was driven not only by the expected quality and scale of the assets, but also by the opportunity to align with Croverro as operator.

Croverro has developed specialized technical and operating expertise in the application of multilateral horizontal drilling to the thin, laterally extensive heavy-oil reservoirs of the Lloydminster region.

Trio’s development approach incorporates geological interpretation, seismic data, existing well control and reservoir modelling in the design and execution of multi-leg horizontal wells intended to maximize reservoir contact and improve development efficiency.

Successful multilateral development requires precise well placement, geo-steering (meaning the practice of adjusting a drill bit’s path in real time based on downhole geological data), drilling execution and an understanding of how individual reservoir intervals behave over the producing life of a well. Croverro has made this type of development a core component of its Lloydminster heavy-oil business. For over twenty years, Croverro has generated revenues from operating multiple multilateral heavy-oil development programs in the region and has continued to attract participation in subsequent development opportunities.

“In June, we provided an update to the market on our growth strategy, and over the past several months, we have begun to implement that strategy, highlighted by our new transaction with Croverro,” commented Robin Ross, Chairman and CEO of Trio Petroleum Corp. “Trio is actively conducting extensive reviews of acquisition and development opportunities across Western Canada, supported by experienced technical and operating professionals in Calgary and the Lloydminster region. We believe the Croverro opportunity represents a strong combination of near-term development potential, scale and operating expertise that fits right into our growth plans. The program provides a substantial inventory of multilateral drilling opportunities positioned for near-term development together with existing production and re-entry potential. With Croverro remaining as operator, we believe the program provides a compelling platform for significant production growth in the Lloydminster heavy-oil region. Croverro was one of the principal reasons Trio became interested in this opportunity. We aren’t simply acquiring a collection of drilling locations; we are aligning ourselves with a highly experienced Lloydminster heavy-oil operator that has made multilateral development a core part of its business. Moreover, our out of pocket investment to capture this opportunity is relatively small compared to our cash on hand, creating the potential for a positive financial result for Trio. In short, we believe Croverro is at the forefront of applying multilateral technology to conventional heavy-oil development in the Lloydminster region, and their technical knowledge, local operating experience and demonstrated ability to drill and operate these specialized wells gives us considerable confidence in the program. Having Croverro remain as operator is critical to our strategy. We believe we have the right assets, the right development approach and, most importantly, the right operating team to execute it.”

Why Multilateral Heavy-Oil Development Matters

Multilateral wells consist of a primary horizontal wellbore with multiple lateral branches extending through the reservoir. This approach can be particularly effective in the relatively thin, laterally extensive heavy-oil reservoirs common throughout the Lloydminster region that covers areas of Alberta and Saskatchewan, Canada.

By placing multiple horizontal laterals into the reservoir from a common wellbore, an operator can substantially increase reservoir contact compared with conventional vertical development.

Greater reservoir exposure can improve oil drainage and recovery while allowing a larger volume of reservoir to be developed from a concentrated surface location. The development approach can also reduce the number of separate well sites, access roads and associated surface infrastructure that might otherwise be required to achieve comparable reservoir exposure.

Trio believes these characteristics provide the potential for:

• Greater reservoir contact;
• Improved recovery efficiency;
• More barrels recovered per development dollar;
• Improved capital efficiency;
• Reduced surface infrastructure requirements; and
• A smaller overall surface development footprint.

Multilateral and extended-horizontal development have become increasingly important tools in the Lloydminster heavy-oil fairway. Trio believes continued improvements in geo-steering, seismic interpretation, reservoir modelling and drilling execution will further enhance the role of multilateral technology in conventional heavy-oil development.

A Material Multi-Year Development Inventory

The contemplated program consists of 14 new multilateral drilling opportunities, to begin almost immediately and conducted over the next eighteen months consisting of:

Alberta – Five New Multilateral Wells

The Alberta inventory includes development opportunities at Lloyd South and Rivercourse across multiple heavy-oil producing intervals.

Saskatchewan – Nine New Multilateral Wells

The Saskatchewan inventory includes development opportunities at Lloyd East, Paynton, Hillmond and Marshall.

In addition to the 14 new multilateral wells, the program includes a separate Rivercourse re-entry opportunity and an oil producing-property acquisition.

The combination provides Trio with exposure to three distinct sources of potential production growth:

• Existing acquired production;
• Near-term production potential from the Rivercourse re-entry; and
• A multi-year inventory of new multilateral drilling opportunities.

This combination is intended to provide Trio with production and cash flow at different stages of the development cycle rather than relying solely upon future drilling success.

Farm-In and Participation Structure

Upon its election to participate in the initial 2-well earning program, Trio would pay Croverro a prospect fee in the amount of CAD $450,000.

Under the current development agreement, applicable projects are structured whereby Trio funds 100% of applicable development capital of approximately $1.8 million Canadian in exchange for an 80% revenue interest through payout of Trio’s costs, stepping down to a 60% interest after payout, subject to the specific ownership and participation terms applicable to each project.

Certain opportunities within the overall program carry different participation interests and will be governed by their applicable agreements.

Croverro will remain operator, maintaining continuity across geological evaluation, well design, drilling, completion, production operations and subsequent development planning.

Trio can elect not to participate in any subsequent 2-well earning program proposed by Croverro resulting in the termination of future earning program participation except in the non-participation in the Rivercourse Area. In such a case, Croverro shall refund to Trio a pro-rata share of the prospect fee for each of the remaining earning programs including the Rivercourse Area.

Mr. Ross further commented, “The Croverro program builds upon Trio’s existing Canadian operating platform in Alberta and Saskatchewan, where we have established producing operations and an experienced technical and operating team. Trio intends to leverage this existing platform as it aims to expand production through potential acquisitions, optimization of existing assets and development drilling.”

ABOUT TRIO PETROLEUM CORP

Trio Petroleum Corp (NYSE American: TPET) is an independent oil and gas company focused on the acquisition, development and optimization of oil and gas properties in North America. The Company’s strategy is centered on acquiring producing assets at attractive valuations, optimizing existing production and identifying opportunities to develop additional production through drilling and other development activities.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release of Trio and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, when used in this press release, the words “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” “aim,” “goal,” or “may,” derivations of such words, and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts, although not all forward-looking statements are denoted by such words. Any statements made in this press release other than those of historical fact, about an action, event or development, are forward-looking statements. In this press release, forward-looking statements relate, among other things, to the anticipated operational and financial benefits to Trio of its new agreement with Croverro as described herein, as well as Trio’s growth plans and strategies in general. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of significant risks, uncertainties, and other factors, many of which are outside of the Trio’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors sections of the Trio reports filed with the Securities and Exchange Commission (SEC). Copies of such documents are available on the SEC’s website, www.sec.gov and on Trio’s website at https://ir.trio-petroleum.com/sec-filings/. Accordingly, readers should not place undue reliance on any forward-looking statements. Trio undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

Investor Relations Contact:
Redwood Empire Financial Communications
Michael Bayes 404 809-4172
michael@redwoodefc.com

Gross margin expands to 68%; G&A down 25%; Company advances capital restructuring

SÃO PAULO, Sept. 21, 2026 (GLOBE NEWSWIRE) — NVNI Group Limited (NASDAQ: NVNI) (“Nuvini” or the “Company”), an acquirer and operator of B2B SaaS companies in Brazil and Latin America, today reported unaudited results for the six months ended June 30, 2026, as filed with the U.S. Securities and Exchange Commission on Form 6-K.

FIRST HALF 2026 HIGHLIGHTS

Compared with the six months ended June 30, 2025; amounts in Brazilian reais.

• Net operating revenue of R$97.4 million, essentially flat; platform subscription revenue of R$90.5 million, 93% of total revenue
• Gross profit of R$66.3 million, up 7.0%; gross margin expanded 500 basis points to 68.1% in first half 2026
• General and administrative expenses reduced 24.6% to R$31.6 million; total personnel costs — payroll, benefits and social charges — reduced 18.2% to R$43.6 million
• Operating income of R$19.6 million in first half 2026, versus an operating loss of R$32.0 million in in first half 2025
• Net loss narrowed to R$14.0 million in first half 2026 from R$57.5 million in first half 2025; net loss per share of R$1.63 versus R$6.52, respectively
• Net cash generated by operating activities of R$15.1 million in first half 2026, versus R$2.1 million used in first half 2025
• Debenture facility of Brazilian subsidiaries repaid in full on July 7, 2026, in compliance with all covenants, releasing associated liens
• Adjusted EBITDA of R$28.0 million in first half 2026, up 54% from R$18.2 million in first half 2025; Adjusted EBITDA margin of 28.7% versus 18.5%
• Cash and cash equivalents, including short-term investments, of R$9.8 million at June 30, 2026, compared with R$13.5 million on December 31, 2025

MANAGEMENT COMMENTARY

“The first half shows what disciplined operations look like inside the portfolio: margins expanded, overhead came down by a quarter, and the businesses generated R$15 million in operating cash,” said Pierre Schurmann, Founder and Chief Executive Officer. “Our task now is to bring the capital structure in line with the performance of the operating businesses. Deferred acquisition consideration and legacy financing continue to absorb capital, and we are pursuing a comprehensive restructuring of those obligations.”

SUMMARY FINANCIAL RESULTS

R$ millions, six months ended June 30	H1 2026	H1 2025	Change
Net operating revenue	97.4	98.2	(0.7%)
Platform subscription revenue	90.5	90.2	0.2%
Gross profit	66.3	62.0	7.0%
Gross margin	68.1%	63.1%	+500 bps
General and administrative expenses	31.6	41.9	(24.6%)
Operating income (loss)	19.6	(32.0)	n.m.
Financial income and expense, net	(27.0)	(21.1)	28.2%
Net loss	(14.0)	(57.5)	(75.6%)
Net loss attributable to owners	(17.7)	(60.1)	(70.5%)
Net loss per share – basic and diluted (R$)	(1.63)	(6.52)	(75.0%)
Net cash from (used in) operating activities	15.1	(2.1)	n.m.

Percentages calculated on figures in thousands of reais as reported. n.m. = not meaningful.

BALANCE SHEET AND LIQUIDITY

Cash and cash equivalents were R$9.8 million on June 30, 2026, compared with R$13.5 million on December 31, 2025. Deferred and contingent consideration on acquisitions totaled R$293.8 million on June 30, 2026, reflecting R$22.3 millions of accrued interest and R$5.9 millions of payments during the period. Loans from investors totaled R$62.0 million on June 30, 2026, including a new R$6.6 million facility. On June 30, 2026, the Company reported a shareholders’ deficit of R$176.3 million and a working capital deficit of R$363.6 million.

SUBSEQUENT EVENTS

Debenture Facility

On July 7, 2026, The Company repaid the remaining R$2.8 million of non-convertible debentures that was outstanding as of June 30, 2026, at the facility’s scheduled maturity. The facility carried financial covenants tied to leverage, EBITDA margin, and debt service coverage. Repayment of the principal at maturity releases the covenant obligations and liens over assets specific to this instrument.

ABOUT NUVINI

Headquartered in São Paulo, Brazil, Nuvini is Latin America’s leading serial acquirer of business to business (B2B) software as a service (SaaS) company. The Company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries. The company’s long-term vision is to buy, retain, and create value through strategic partnerships and operational expertise.

FORWARD-LOOKING STATEMENTS

Statements about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. The Company cannot guarantee future results, levels of activity, performance, or achievements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, without limitation: the Company’s ability to complete the potential acquisitions on the anticipated timeline or at all; general market conditions that could affect the consummation of the potential acquisition; if definitive documents with respect to a potential acquisition are executed, whether the parties will achieve any of the anticipated benefits of any such transactions; and other factors discussed in the “Risk Factors” section of the Company’s Ǫuarterly and Annual Reports filed with the Securities and Exchange Commission (“SEC”) and the risks described in other filings that the Company may make with the SEC. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether because of new information, future events or otherwise, except as required by applicable law. We caution you, therefore, against relying on any of these forward‐looking statements.

INVESTOR RELATIONS CONTACT

Sofia Toledo
ir@nuvini.ai 

BOSTON, Sept. 21, 2026 (GLOBE NEWSWIRE) — Beacon Financial Corporation (NYSE: BBT) (the “Company”), the holding company of Beacon Bank (the “Bank”), today announced that the joint Board of Directors of the Company and the Bank unanimously appointed Sean A. Gray as Chief Executive Officer of the Company and the Bank, effective September 21, 2026. Mr. Gray will also serve as a member of the Boards of the Company and the Bank. Mr. Gray’s appointment is the result of the Company’s succession planning process conducted by the Corporate Governance and Nominating Committee of the Board and Richard Perkey of Caldwell Partners in preparation for the retirement of Paul A. Perrault, who retired today as Chief Executive Officer of the Company and the Bank. His retirement is the culmination of a distinguished banking career spanning more than five decades. Mr. Perrault will remain with the Company in a consulting capacity for one year to support a smooth and orderly transition.

Sean A. Gray

Over nearly three decades in banking, Mr. Gray has led and overseen commercial banking, asset-based lending, wealth management, specialty lending and other fee-based businesses, along with key enterprise functions and operating teams. That experience positions him to lead Beacon with strategic perspective, practical operating discipline and a strong appreciation of the Company’s stakeholders.

“Sean is an established leader with broad operating expertise, deep institutional knowledge and proven relationships with our colleagues, clients, shareholders and communities,” said David M. Brunelle, Chairperson of the Board of Directors. “His appointment represents an important catalyst for Beacon’s next phase of profitable growth as the Company remains focused on delivering the commitments established through the merger: accelerating execution, strengthening performance and fully realizing the promise of the combined company.”

Mr. Brunelle added, “On behalf of the Board, I want to thank Paul for his exceptional leadership, service and many contributions to Beacon and to the banking industry throughout his fifty-year career. We now have a stronger banking franchise with exceptional colleagues and deep client relationships that is well positioned for future success under Sean’s leadership.”

“Beacon is well-positioned to grow, with greater scale, expanded capabilities and a stronger operating platform that allows us to accelerate our progress as a relationship-driven commercial bank,” said Mr. Gray. “At the same time, we will continue to support our regional operating model, local decision-making and market-centered leadership so we remain close to our clients and communities. Our focus must be on disciplined execution, enhancing performance, and accountability to all stakeholders as we operate as one company with one culture and one commitment.”

Most recently, Mr. Gray served as Chief Operating Officer of the Company where he oversaw all enterprise operations and the merger’s successful systems integration. Prior to the merger of Brookline Bancorp, Inc. and Berkshire Hills Bancorp, Inc. to create Beacon Financial Corporation, Mr. Gray served as President and Chief Operating Officer of Berkshire Bank from November 2018 through 2025 and as Senior Executive Vice President of Berkshire Hills Bancorp, Inc. from 2015 through 2025. He also served as the interim CEO from August 2020 through January 2021. During his tenure at Berkshire Bank, which began in 2007, Mr. Gray led core operating divisions including retail and commercial banking, specialty lending, and wealth management, as well as key enterprise functions including technology, risk management, human resources, marketing, corporate development, strategy and analytics, and regional market leadership. Mr. Gray earned a Master of Business Administration from Duke University’s Fuqua School of Business and a Bachelor of Science from Bentley University.

“We have important opportunities ahead to fully realize merger efficiencies, optimize our expense base and strengthen performance,” Mr. Gray added. “We will be disciplined and opportunistic in how we allocate capital. We will focus on organic growth and maintaining our dividend while diversifying the ways we return capital to shareholders. I look forward to working with our leadership team and colleagues across Beacon to accelerate execution and advance the Company’s next phase of growth.”

ABOUT BEACON FINANCIAL CORPORATION
Beacon Financial Corporation (NYSE: BBT) is the holding company for Beacon Bank & Trust, commonly known as Beacon Bank, a full-service regional bank serving the Northeast. Headquartered in Boston, the Company has $22.3 billion in assets and more than 145 branches throughout New England and New York. Beacon Bank offers a full suite of tailored banking solutions including commercial, cash management, asset-based lending, retail, consumer and residential products and services. The Company also provides equipment financing through its Eastern Funding subsidiary, SBA lending through its 44 Business Capital division, and private wealth services through Beacon Bank and Clarendon Private.

FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release that are not historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company may also make forward-looking statements in other documents it files with the Securities and Exchange Commission (“SEC”), in our annual reports to shareholders, in press releases and other written materials, and in oral statements made by our officers, directors or employees. You can identify forward looking statements by the use of the words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “assume,” “outlook,” “will,” “should,” and other expressions that predict or indicate future events and trends and which do not relate to historical matters, including statements regarding the Company’s business, credit quality, financial condition, liquidity and results of operations. Forward-looking statements may differ, possibly materially, from what is included in this press release due to factors and future developments that are uncertain and beyond the scope of the Company’s control. These include, but are not limited to, changes in interest rates; general economic conditions (including the impact of ongoing armed conflicts, tariffs, inflation, and concerns about liquidity) on a national basis or in the local markets in which the Company operates; ongoing turbulence in the capital and debt markets; competitive pressures from other financial institutions; changes in consumer behavior due to changing political, business and economic conditions, or legislative or regulatory initiatives; changes in the value of securities and other assets in the Company’s investment portfolio; increases in loan and lease default and charge-off rates; the adequacy of allowances for loan and lease losses; decreases in deposit levels that necessitate increases in borrowing to fund loans and investments; operational risks including, but not limited to, cybersecurity incidents, fraud, natural disasters, and future pandemics; changes in regulation; the possibility that future credit losses may be higher than currently expected due to changes in economic assumptions and adverse economic developments; the risk that goodwill and intangibles recorded in the Company’s financial statements will become impaired; and changes in assumptions used in making such forward-looking statements. Forward-looking statements involve risks and uncertainties which are difficult to predict. The Company’s actual results could differ materially from those projected in the forward-looking statements as a result of, among others, the risks outlined in the Company’s Annual Report on Form 10-K, as updated by its Quarterly Reports on Form 10-Q and other filings submitted to the SEC. The Company does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.

Media Contact:
Gary R. Levante
Chief Marketing Officer
413.447.1737
gary.levante@beaconbank.com

Investor Relations:
Carl M. Carlson
Chief Financial and Strategy Officer
617.425.5331
carl.carlson@beaconbank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8727b253-a59f-4f60-b422-b3c39ad36c65

VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — LEEF Brands Inc. (CSE: LEEF) (OTCQB: LEEEF) (“LEEF” or the “Company”), a leading California concentrate company, today announced the appointment of Hirsh Jain, a leader in cannabis policy and strategy, to its Board of Directors as an independent director. Mr. Jain has served as a strategic advisor to LEEF, working with the Company on the evolving federal and state policy landscape and opportunities related to interstate commerce, international exports, and market expansion.

In connection with Mr. Jain’s appointment, Kevin Wilson has resigned from the Board of Directors, resulting in a five-member Board, and will continue to serve as LEEF’s Chief Financial Officer. The changes are part of LEEF’s broader effort to strengthen independent Board oversight of management. Following the appointment, independent directors will comprise three of the Board’s five members. LEEF’s Audit and Compensation Committees will each be comprised entirely of independent directors, while its Nominating and Corporate Governance Committee will be majority independent. Together, these changes advance LEEF’s objective of building a governance structure aligned with the standards and practices expected of companies listed on major U.S. exchanges.

“Hirsh has been a valued strategic advisor to LEEF, and we are pleased to welcome him to our Board of Directors,” said Micah Anderson, Chief Executive Officer of LEEF Brands. “His deep understanding of cannabis policy, market development, and the evolving regulatory landscape will be increasingly important as we prepare for opportunities in interstate commerce and international markets. Just as importantly, his appointment meaningfully strengthens the independence and composition of our Board. With independent directors now comprising a majority of the Board and independent oversight strengthened across our key committees, we are continuing to build the governance infrastructure expected of larger U.S. public companies. This is an important part of LEEF’s evolution and our long-term strategy.”

Mr. Jain is the Founder and Chief Executive Officer of Ananda Strategy, a cannabis-focused advisory firm that works with operators on regulatory and legislative strategy, market expansion, competitive licensing, strategic communications, and other corporate initiatives. He has worked in the cannabis industry for nine years and has advised top operators navigating complex regulatory, legislative, and market-development issues.

Since the launch of adult-use sales in California in 2018, Mr. Jain has worked closely on many of the policy and market issues shaping the state’s cannabis industry, engaging with the Governor’s Office, state officials, and dozens of local governments. His work with operators across the California supply chain has given him a broad perspective on the state’s market and the different regulatory and commercial challenges facing businesses within it, experience that will be relevant to LEEF as it continues to grow its California operations.

Prior to entering the cannabis industry, Mr. Jain served as Director of Government Affairs at Airbnb in San Francisco and as an Engagement Manager at McKinsey & Company in New York. He holds a B.A. from the University of California, Berkeley and a J.D. from Harvard Law School.

“We’re entering a period of significant change in the cannabis industry, and I believe LEEF is exceptionally well positioned for what comes next,” said Jain. “As federal and state policy continues to evolve, the barriers separating cannabis markets will increasingly come under pressure, creating opportunities for companies with the right assets, capabilities, and partnerships. Having worked closely with Micah and the LEEF team, I have tremendous respect for what they’ve built, and I think there’s a much bigger opportunity ahead. I’m excited to join the Board and contribute my experience in policy, market strategy, and business development as LEEF enters its next phase of growth.”

Mr. Jain’s appointment comes as LEEF continues to prepare for potential interstate commerce and international export opportunities. The Company has filed DEA registration applications across its California and Nevada licenses and is building relationships in key international markets while preparing its operations to meet destination-market standards.

About LEEF Brands Inc.

LEEF Brands Inc. is a leading California concentrate company. With a comprehensive supply chain, innovative manufacturing processes, a dynamic bulk concentrate portfolio, and a growing line of branded products, LEEF powers some of the largest cannabis brands in the United States. For more information, visit www.leefbrands.com.

Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively, “forward-looking statements”), including, but not limited to, statements regarding the Company’s future financial condition, operations, and objectives.

Forward-looking statements reflect current expectations or beliefs regarding future events or the Company’s future performance or financial results. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates”, “targets” or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. All forward-looking statements, including those herein, are qualified by this cautionary statement.

Although the Company believes that the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements.

There are certain factors that could cause actual results to differ materially from those in the forward-looking information, including, but not limited to, the risks disclosed in the Company’s public filings on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Accordingly, readers should not place undue reliance on forward-looking statements.

Contact

LEEF Brands Inc.
Jesse Redmond
Chief Strategy & Investor Relations Officer
Phone: +1 (805) 717-9327
Email: ir@leefca.com

Cash Consideration of up to US$40 Million

VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — Latin Metals Inc. (“Latin Metals” or the “Company“) – (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce that it has entered into a binding letter agreement (the “Letter Agreement”) with Aumin Argentina S.A.U. (“Aumin“) whereby Aumin has been granted an option (the “Option“) to acquire a 100% interest in the Company’s Organullo Gold Project (“Organullo” or the “Project”), located in Salta Province, Argentina.

Option Highlights:

• US$4.0 million aggregate Option cash payments to Latin Metals.
• Minimum cumulative drilling of 3,000m by first anniversary, 15,000m by third anniversary, and 40,000m by sixth anniversary.
• Following the stock exchange listing of Aumin or a designated listing vehicle (as applicable, the “Listed Vehicle“) and exercise of the Option by Aumin, Latin Metals may elect for either:
  • 19.9% ownership of the Listed Vehicle, with customary participation rights and board representation; or
  • a 2% Net Smelter Returns royalty on the Project (“Elective NSR Royalty“), up to 1% of which Elective NSR Royalty may be repurchased within 3 years for US$20 million, leaving Latin Metals with a 1% NSR royalty with no further buy-back right.
• Potential aggregate cash consideration of up to US$24 million, assuming non-accelerated Option exercise and Elective Royalty buy-back are completed.

Potential Acceleration of Option:

• Following completion of at least 15,000 metres of drilling, Aumin may elect to accelerate the Option exercise (the “Accelerated Acquisition“) by paying all remaining Option cash payments plus an additional US$16 million cash.
• Latin Metals retains a 2% NSR royalty on the Project (“Acceleration NSR Royalty“) if Aumin elects to complete the Accelerated Acquisition.
• Up to 1% of the Acceleration NSR Royalty may be repurchased for US$20 million, leaving Latin Metals with a 1% NSR royalty with no further buy-back right.
• Potential aggregate cash consideration of up to US$40 million, assuming the Accelerated Acquisition and Acceleration NSR Royalty buy-back are both completed.

Argentina-Based Team with Exceptional Track Record

The team behind Aumin, led by Hernán Zaballa, has extensive experience in Argentina, with a track record that includes the founding of AbraSilver Resource Corp. (“AbraSilver”) and the acquisition and development of its Diablillos silver-gold project. Having worked together in Argentina-focused mineral exploration and project generation for more than a decade, the respective experience of the team combines geology and exploration strategy, Argentine mining law and transaction structuring, and in-country operational, environmental and social expertise.

Today, Diablillos has become one of Argentina’s most significant advanced-stage precious-metal development projects. In 2026, AbraSilver reported combined Measured and Indicated resources containing approximately 248 million ounces of silver and 2.54 million ounces of gold and completed a Definitive Feasibility Study containing Proven and Probable reserves of approximately 183.5 million ounces of silver and 1.76 million ounces of gold (AbraSilver Resource Corp., news release dated June 22, 2026). AbraSilver has a current market capitalization of approximately $2.2 billion.

Readers are cautioned that the Diablillos deposit discussed above is a mineral deposit located in Salta Province and that Latin Metals has no interest in or right to acquire any interest in the deposit, and that mineral deposits on adjacent or similar properties, and any production therefore or economics with respect thereto, are not in any way indicative of mineral deposits on Latin Metals’ Organullo property or the potential production from, or cost or economics of, any future mining of any of Latin Metals’ mineral properties.

Keith Henderson, President and CEO of Latin Metals, stated:

“We are particularly pleased with the group that will be taking Organullo forward. Hernán and his team have worked together in Argentina for many years and bring complementary technical, legal, transactional and operational expertise. Their history with Diablillos is particularly compelling. They identified an opportunity in an asset that had become non-core to a much larger mining company, negotiated a creative transaction to acquire it and founded AbraSilver. Diablillos is today a major advanced-stage silver-gold project in Argentina.”

“I believe that the experience this group brings, in particular with respect to in-country operational, environmental and social expertise, makes them an excellent partner for Organullo.”

Keith Henderson, continued:

“The transaction preserves meaningful upside for our shareholders under various Option exercise scenarios. Under a potential Accelerated Acquisition, Latin Metals would receive up to US$40 million in cash while retaining a 1% NSR royalty”

Hernán Zaballa, President of Aumin, stated:

“Organullo is a compelling opportunity for Aumin: a large, underexplored gold system in Salta with significant technical work already completed and considerable room for new discovery. The previous work provides us with a strong technical foundation, but importantly, we believe there is still substantial exploration potential across the broader property.”

“Our team has spent many years acquiring, financing and advancing mineral projects in Argentina, and we intend to bring that same disciplined approach to Organullo. We are very pleased to be partnering with Latin Metals and look forward to advancing the project through systematic exploration and drilling.”

Option Terms

Latin Metals has granted Aumin or its designee an exclusive Option to acquire a 100% interest in the Project by paying an aggregate US$4 million cash to Latin Metals and completing an aggregate 40,000m of drilling on the Project over a six-year period (Table 1).

Aumin shall pay Latin Metals US$100,000 cash within 10 days of the execution of the Letter Agreement (paid). Thereafter, Aumin has an exclusive period of three months, extendable by up to one additional month, to complete due diligence and execute a definitive agreement (the “Definitive Agreement“), or if the Definitive Agreement is not executed, to deliver a confirmation notice (the “Confirmation Notice“) to Latin Metals confirming Aumin intends to proceed with the Option. Upon execution of Definitive Agreement or receipt of the Confirmation Notice, Aumin will pay an additional US$150,000.

The commencement date (the “Commencement Date“) is defined as the earlier of (i) 6 months following execution of the Letter Agreement (March 16, 2027), (ii) the date upon which the Definitive Agreement is executed, or (iii) the date on which all drill permit filings with governmental entities have been approved.  

Table 1: Option Terms for 100% Interest in Organullo

Option Period	Cash Payment	Cumulative Drill Commitments
Within 10 days following execution of the Letter Agreement	US$100,000 (paid)	—
Execution of Definitive Agreement or Delivery of Confirmation Notice	US$150,000	—
On or before 12 months from the date of the earlier of the delivery of the Confirmation Notice or the execution of the Definitive Agreement	US$400,0001	3,000m1, 2
Second Anniversary of Commencement Date	US$450,000	–
Third Anniversary of Commencement Date	US$500,000	15,000m2
Fourth Anniversary of Commencement Date	US$650,000	–
Fifth Anniversary of Commencement Date	US$800,000	–
Sixth Anniversary of Commencement Date	US$950,000	40,000m2
Total	US$4,000,000	––

<sup>Notes:
1. Following the Commencement Date, the 3,000-metre first year drill commitment and the US$400,000 first-year cash payment shall be irrevocable commitments
2. if any or all of the 3,000m drill commitment remains undrilled, Aumin may pay cash-in-lieu of any shortfall payable to Latin Metals at rate of US$350 per undrilled metre</sup>

Upon completion of the cash payments and drill commitments outlined above, the Option shall be exercised in full and Aumin shall acquire 100% of the Project, subject to Latin Metals’ election within 30 days to either:

• obtain a 19.9% ownership interest in the Listed Vehicle (the “Equity Interest“), with participation rights and board representation; or
• receive a 2% Elective NSR Royalty.

It is a condition of the Letter Agreement that the Listed Vehicle shall complete the listing of its common shares on the TSX Venture Exchange or other recognized stock exchange in Canada, the United States, Australia or England. If the Listed Vehicle has not been listed on a recognized stock exchange for a period of at least 12 months prior to the exercise of the Option, Latin Metals shall have 30 days from the date that is 12 months following the completion of such listing to elect to receive either the Equity Interest or the 2% Elective NSR Royalty, provided that the listing requirement shall not apply if Aumin elects to complete the Accelerated Acquisition.

Accelerated Option Exercise

At any time after Aumin has completed 15,000m of drilling, Aumin shall have the right to complete the Accelerated Acquisition and buy-out Latin Metals’ right to receive an Equity Interest.

To complete the Accelerated Acquisition, Aumin is required to (i) pay Latin Metals the aggregate amount of all cash payments contemplated under the Option that remain unpaid as of the date of acceleration, whether or not such payments would otherwise have become due at that time, and (ii) pay Latin Metals an additional US$16,000,000 cash payment in consideration for the cancellation and extinguishment of its right to receive the Equity Interest. If the Accelerated Acquisition is completed, Latin Metals shall retain a 2% NSR royalty on the Project (“Acceleration NSR Royalty“).

Royalty Buy-Back Rights

In any case in which Latin Metals retains the Election NSR Royalty or the Acceleration NSR Royalty, Aumin shall have the right, for three years following the date on which the Election NSR Royalty or the Acceleration NSR Royalty is granted, to repurchase up to an aggregate one half of the applicable royalty, as follows:

• US$10,000,000 to repurchase one-quarter (0.5%) of the Election NSR Royalty or the Acceleration NSR Royalty, as applicable; or
• US$20,000,000 to repurchase one-half (1%) of the Election NSR Royalty or the Acceleration NSR Royalty, as applicable.

About the Organullo Gold Project

Organullo is a 100%-owned gold exploration project with an approved Social & Environmental Impact Report (“SEIR”) (Informe de Impacto Ambiental y Social – Etapa de Exploración Avanzada) for exploration drilling at the Project. The SEIR approval is issued in favour of Cardero Argentina S.A., a wholly owned subsidiary of Latin Metals, and authorizes various exploration activities including up to 11,900m of diamond drilling.

The project is subject of an NI 43-101 Technical Report entitled “2015 Technical report on the Organullo Project”, which includes details of a report aurthored by GeoRes, an Australian consulting firm. The 2012 GeoRes Report, entitled “Organullo Exploration Targets and Pit Optimization” resulted in (i) potential exploration target tonnages, and (ii) potential exploration target grades of gold at the Organullo project, which were reported at lower and upper ranges. At a lower gold cut-off grade of 0.5 g/t the total exploration targets ranged from a lower 19.8Mt at 0.94 g/t gold (600,000 ounces of gold) to an upper 31.6Mt at 0.92 g/t (940,000 ounces of gold).

It should be noted that these potential exploration target quantities and grades are conceptual in nature, that insufficient exploration and geological modelling has been done to define a mineral resource, and that it is uncertain if further exploration will result in the delineation of a mineral resource.

Most recently, the Project was optioned to AngloGold Ashanti, which completed technical work and identified three priority target areas as part of its evaluation of the property. Exploration at Organullo has identified extensive advanced argillic alteration associated with a geological environment prospective for high-sulphidation epithermal mineralization and porphyry-style systems. The Salares Norte gold deposit in Chile (Goldfields project; proven and probable reserve (2024); 3.4Moz grading 5.36g/t gold.) is Anglo’s technical analogue for Organullo high-sulphidation epithermal drill targets.

Readers are cautioned that the Salares Norte gold deposit analogy above is located in Chile and that Latin Metals has no interest on or right to acquire any interest in the deposit, and that mineral deposits on similar properties, and any production therefore or economics thereto, are not in any way indicative of mineral deposits at Organullo or the potential production from, or cost or economics of, any future mining of any of Latin Metals’ mineral properties.

The 2012 GeoRes Report points to potential gold mineralization in areas where there has been significant historical drilling. The high-sulphidation drill targets identified by AngloGold are unrelated to historically drilled areas and are located in an untested portion of the Organullo property.

About Aumin and its Management Team

The management team at Aumin negotiated the acquisition of the Diablillos silver-gold project from Silver Standard Resources Inc. (“Silver Standard”, now SSR Mining Inc.) in 2016, through Huayra Minerals Corp. (“Huayra”). At the time of the transaction, Diablillos was a substantial, drilled and technically studied silver-gold project with a defined mineral resource. The group recognized an opportunity to acquire and advance an asset that had become non-core within a much larger mining company.

The acquisition was structured with relatively modest upfront cash consideration, together with deferred payments, equity and a retained royalty. Silver Standard became a 19.9% shareholder of Huayra and retained a 1% NSR royalty, providing it with continued exposure to the project’s future success.

Huayra subsequently completed a reverse takeover in 2017 to create AbraPlata Resource Corp. (“AbraPlata”) Hernán Zaballa served as Executive Chairman. AbraPlata completed significant drilling at Diablillos and ultimately published a positive Preliminary Economic Assessment in 2018.

Following a subsequent recapitalization and management transition beginning in 2019, AbraPlata (subsequently renamed AbraSilver Resource Corp.) expanded exploration at Diablillos and advanced the project through resource definition, engineering and feasibility.   AbraSilver has a current market capitalization of approximately $2.2 billion.

Readers are cautioned that the Diablillos deposit discussed above is a mineral deposit located in Salta Province and that Latin Metals has no interest in or right to acquire any interest in the deposit, and that mineral deposits on adjacent or similar properties, and any production therefore or economics with respect thereto, are not in any way indicative of mineral deposits on Latin Metals’ Organullo property or the potential production from, or cost or economics of, any future mining of any of Latin Metals’ mineral properties.

About Latin Metals

Latin Metals Inc. is a copper, gold and silver exploration company operating in Peru and Argentina under a prospect generator model, minimizing risk and dilution while maximizing discovery potential. With 16 projects, the company secures option agreements with major mining companies to fund exploration. This approach provides early-stage exposure to high-value mineral assets. Latin Metals is actively seeking new strategic partners to advance its portfolio.

Stay Connected

Follow Latin Metals on YouTube, X, Facebook, LinkedIn and Instagram to stay informed on our latest developments, exploration updates, and corporate news.

Qualified Person

Eduardo Leon, QP, is the Company’s qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Leon is not independent of the Company, as he is an officer of the Company and holds securities of the Company.

On Behalf of the Board of Directors of

LATIN METALS INC.

“Keith Henderson“

President & CEO

For further details on the Company, readers are referred to the Company’s website (www.latin-metals.com) and its Canadian regulatory filings on SEDAR+ at www.sedarplus.com.

For further information, please contact:

Keith Henderson
Suite 1920 – 1188 West Georgia Street,
Vancouver, BC, V6E 4A2

E-mail: info@latin-metals.com

Elyssia Patterson, VP Investor Relations
Email: elyssia@latin-metals.com
Phone: 778-683-4324

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the entering into of a Definitive Agreement in respect of the grant of the Option, the occurrence of the Commencement Date, the exercise of the Option, the Accelerated Acquisition right and royalty buy-back rights, the listing of the Listed Vehicle, future exploration on the Project, the potential value of the Election NSR Royalty or the Acceleration NSR Royalty, the anticipated content, commencement, timing and cost of exploration programs in respect of the Project and otherwise, anticipated exploration program results from exploration activities, the discovery and delineation of mineral deposits/resources/reserves on the Project, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that Latin Metals and Aumin will enter into a Definitive Agreement for the grant of the Option, Aumin shall be satisfied with the results of its due diligence, market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Project in a timely manner (including drill permits), the availability of financing on suitable terms for the development, construction and continued operation of the Project, Aumin’s (or the Listed Vehicle’s) ability to advance the Project, and the Company’s (and Aumin or the Listed Vehicle’s) ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, the expectations and beliefs of the Company that the Definitive Agreements in respect of the grant of the Option will be entered into, the Option will be exercised or the Accelerated Acquisition will occur, operating and technical difficulties in connection with mineral exploration and development and mine development activities at the Project, including the geological mapping, prospecting and sampling programs being proposed for the Project (the “Programs”), actual results of exploration activities, including the Programs, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of precious metals and copper, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of the Company (or Aumin or the Listed Vehicle, as applicable) to obtain any governmental approvals (including TSX Venture Exchange approval), permits, consents or authorizations required, risks related to epidemics or pandemics, including impact on the Company’s business, financial condition and results of operations, any current or future property acquisitions, financing or other planned activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those factors discussed under the heading “Risk Factors” in the Company’s annual management’s discussion and analysis and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward looking statements. Except as otherwise required by law, the Company undertakes no obligation to update any of the forward-looking information in this news release or incorporated by reference herein.

Acquisition brings critical upstream credit capabilities to the BlackLine Agentic Financial Operations Platform™, connecting customer risk decisions more closely with receivables, working capital, and cash flow

LOS ANGELES, Sept. 21, 2026 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq: BL) today announced it has acquired NetNow, an AI-enabled B2B customer onboarding and credit risk management solution, expanding BlackLine’s Invoice-to-Cash capabilities and advancing its vision for intelligent, trusted financial operations across the Office of the CFO.

NetNow enables organizations to digitize and automate critical processes that occur before trading commences and an invoice is created – from customer credit applications and trade references to risk assessment, fraud detection, and ongoing credit monitoring. Bringing these capabilities to BlackLine extends its Invoice-to-Cash solution further upstream in the customer financial lifecycle, connecting credit decisions more closely with downstream receivables processes and the financial outcomes they influence.

“Credit is one of the earliest and most consequential financial decisions a company makes in the customer relationship, yet the process remains remarkably manual for many organizations,” said Andy Lilley, Managing Director, Invoice-to-Cash at BlackLine. “Bringing NetNow into BlackLine and integrating NetNow’s capabilities into our Invoice-to-Cash portfolio gives us an opportunity to connect those decisions with the financial operations that follow, applying greater intelligence across the lifecycle while maintaining the trust, transparency, and control finance requires.”

Modernizing Customer Onboarding and Credit Management

For many organizations, customer onboarding and credit management remain fragmented across paper forms, PDFs, emails, spreadsheets, external data sources, and manual reviews. NetNow brings these activities together through a digital credit management platform with capabilities including:

• Digital customer onboarding and credit applications that replace manual, paper- and PDF-based processes and centralize customer information.
• Automated credit intelligence that brings together trade references, third-party credit information, banking data, and other relevant inputs to support credit decisions.
• AI-enabled risk and fraud detection designed to identify potential risks, support more informed credit decisions, and reduce exposure to potential losses.
• Ongoing portfolio monitoring that enables credit teams to identify changes in customer risk and respond as conditions evolve.

Together, these capabilities enable more informed and efficient credit decisions that can influence revenue, risk, working capital, and cash flow.

The acquisition also advances BlackLine’s Agentic Financial Operations strategy by adding customer and credit risk intelligence to the financial processes that BlackLine can connect and orchestrate. As AI assumes a greater role across financial operations, BlackLine is focused on enabling intelligence finance can trust, with the transparency, human oversight, and auditability required for critical financial decisions.

“We share a belief that credit teams should have better information, smarter technology, and more efficient ways to manage customer risk”, said Nauman Hafeez, NetNow CEO. “Together with BlackLine, we can connect that intelligence with a much broader financial operations platform and create even greater value for customers.”

For more information about BlackLine and its Invoice-to-Cash solutions, visit BlackLine.com.

Wilson, Sonsini, Goodrich & Rosati and Blake, Cassels & Graydon served as legal advisors to BlackLine. Lightning Partners served as NetNow’s exclusive financial advisors and Fasken Martineau DuMoulin LLP served as NetNow’s legal advisors in this transaction.

About BlackLine

BlackLine (Nasdaq: BL) provides the trust infrastructure where finance drives the agentic era with intelligence, integrity, and trust. The BlackLine Agentic Financial Operations Platform™, powered by Studio360 and Verity™ AI, is where the Office of the CFO puts AI to work, governs it at every step, and guarantees its integrity.

By unifying data, embedding AI, and engineering trust into every action, BlackLine moves finance and accounting beyond reporting on the business to orchestrating it in real time. Supported by industry-leading R&D investment and world-class security practices, nearly 4,300 customers across multiple industries partner with BlackLine to lead their organizations into the future. For more information, visit BlackLine.com.

Contact

For BlackLine

10Fold Communications

BlackLine@10fold.com

HONG KONG, Sept. 21, 2026 (GLOBE NEWSWIRE) — 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3 E Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider, committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider, today announced the closing of its previously announced $1.0 million private placement with an entity affiliated with the Company’s Chief Executive Officer. The Company has received the proceeds from the private placement.

The Company announced the transaction in early September. The closing and funding of this private placement underscore the CEO’s and management’s ongoing commitment to the Company’s AI strategy and its long-term business objectives.

The Company intends to use the net proceeds to support the ongoing research, development, and commercialization of its integrated hardware and software solutions, supplement working capital, and recruit technical personnel.

“The proceeds provide additional resources for our planned development activities,” stated Dr. Tingjun Yang, Chief Executive Officer of 3 E Network. “We intend to use this capital to advance our AI development plans, implement our business roadmap, and work toward generating long-term value for our shareholders.”

About 3 E Network Technology Group Limited
3 E Network Technology Group Limited is a business-to-business (“B2B”) information technology (“IT”) business solutions provider committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider. It upholds the industry consensus of “AI and energy symbiosis” and has a strong vision in the field of energy investment. The Company’s business comprises two main portfolios: the data center operation services portfolio and the software development portfolio. For more information, please visit the Company’s website at https://3emask.com/.

Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect the Company’s future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

3 E Network Technology Group Limited
Investor Relations Department
Email: ird@3emask.com
Website: https://3emask.com/

NEW YORK, Sept. 21, 2026 (GLOBE NEWSWIRE) — AGM Group Holdings Inc. (NASDAQ: AGMH, “AGM Group” or the “Company”), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced in a Form 6-K filed on September 18, 2026 that it has entered into a share purchase agreement with a private investor. Under the agreement, the Company intends to issue and sell Class A common stock in a private placement at a price of $0.6305 per share, raising up to $11 million.

The financing is expected to strengthen AGM Group’s capital base and, subject to the satisfaction of all applicable conditions, may also result in changes to the Company’s governance structure and support its continued development as a Nasdaq-listed company.

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented Application-Specific Integrated Circuit (“ASIC”) chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit: www.agmhgroup.com

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

AGM GROUP HOLDINGS INC.
Investor Relations Department
Email: ir@agmhgroup.com
https://agmhgroup.com/