Month: September 2026

The Supervisory Board of Coop Pank AS has elected Moonika Maaring, currently Head of Everyday Banking in the Private Clients segment at Coop Pank, as a new member of the bank’s Management Board. Her term of office as Head of Retail Banking and Member of the Management Board will commence on 1 November 2026 and will last for three years.

Moonika Maaring was also elected as a member of the Supervisory Boards of Coop Pank AS subsidiaries Coop Liising AS and Coop Kindlustusmaakler AS. Her terms of office in these roles will also commence on 1 November 2026 and will last for three years.

According to Arko Kurtmann, Chairman of the Management Board of Coop Pank, appointing a new Management Board member from within the bank helps ensure continuity and build on the bank’s progress to date.

“It is important to us that we can provide our people with opportunities to grow and take on greater responsibility within the organisation. Moonika Maaring knows both our bank and our customers well and has extensive experience in the Estonian banking sector. Moonika’s in-depth understanding of retail banking and its development gives us confidence that she will excel in her role as a member of the Management Board and contribute to Coop Pank’s continued development,” said Kurtmann.

Moonika Maaring holds a degree in International Business Administration from EBS, with a specialisation in marketing. She has extensive management experience in banking, insurance, sales and service processes, customer experience, and product and service development.

Maaring joined Coop Pank on 1 April 2024. Prior to that, she served as Head of Retail Banking at LHV Pank and held various other management positions. She has previously worked at Swedbank P&C Insurance and Salva Kindlustus.

Moonika Maaring holds 52,400 Coop Pank share options but does not own any shares or bonds of Coop Pank.

Karel Parve, the current Head of Retail Banking and Member of the Management Board of Coop Pank, announced in August that he would not seek an extension of his term of office upon its expiry. His term of office will expire as scheduled on 31 October 2026.

The Management Board of Coop Pank consists of six members: Chairman of the Management Board Arko Kurtmann, Chief Financial Officer Paavo Truu, Chief Risk Officer Heikko Mäe, Chief Information Officer Alvar Pihlapuu, Head of Corporate Banking Lehar Kütt, and Head of Retail Banking Karel Parve, whose term of office will expire on 31 October 2026. From 1 November 2026, Moonika Maaring will serve as Head of Retail Banking and Member of the Management Board.

Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 239,100 clients who use everyday banking services. Coop Pank uses the synergy created between retail trade and banking and brings everyday banking solutions closer to people. The majority shareholder of the Bank is a domestic retail chain Coop Eesti, the sales network of which comprises over 330 stores.

Additional information:
Ave Tammeniit
Communications Manager
Coop Pank AS
Phone: +372 5887 4828
Email: ave.tammeniit@cooppank.ee

CARMEL, Ind., Sept. 16, 2026 (GLOBE NEWSWIRE) — NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic and debilitating conditions in children and adults, will participate in a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2026 Investor Conference, taking place virtually on September 29-30, 2026.

Company Webcast

The webcast presentation will take place at 11:45 a.m. ET on Tuesday, September 29, 2026. The webcast can be accessed by visiting the conference website at https://lythampartners.com/fall2026/ or directly at https://app.webinar.net/lJ5aBmzWwkZ. The webcast will also be available for replay following the event.

1×1 Meetings

Management will be participating in virtual one-on-one meetings throughout the event. To arrange a meeting with management, please contact Lytham Partners at 1×1@lythampartners.com or register for the event at https://lythampartners.com/fall2026invreg/.   

About NeurAxis, Inc.

NeurAxis, Inc., is a medical technology company focused on neuromodulation therapies to address chronic and debilitating conditions in children and adults. NeurAxis is dedicated to advancing science and leveraging evidence-based medicine to drive the adoption of IB-Stim, its proprietary Percutaneous Electrical Nerve Field Stimulation (PENFS) technology, by the medical, scientific, and patient communities. IB-Stim is FDA-cleared for functional abdominal pain in irritable bowel syndrome (IBS) and functional dyspepsia, including FD-linked nausea symptoms in patients ages 8 and older. Additional clinical trials of PENFS in multiple pediatric and adult conditions with large unmet healthcare needs are underway. For more information, please visit http://neuraxis.com.

Contacts:

Company
NeurAxis, Inc.
info@neuraxis.com

Investor Relations
Lytham Partners
Ben Shamsian
646-829-9701
shamsian@lythampartners.com

Limited-Edition Candy Corn Wheat Ale Craft Beer and Spirit Halloween-Exclusive Wedgehead Costume Bring Big Flavor, Big Fun, and Head-Turning Halloween Energy to Fans Nationwide

PORTLAND, Ore., Sept. 16, 2026 (GLOBE NEWSWIRE) — Shock Top, the shockingly refreshing craft beer brand by Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY), known for its bold flavors and unfiltered wheat ales, has teamed up with Spirit, North America’s premier Halloween retailer, for a limited-edition collaboration that’s spilling two must-have treats for spooky season: the all-new Shock Top Candy Corn Wheat Ale and a Wedgehead Costume, exclusively at Spirit Halloween. Inspired by the season that brings parties to life, the collaboration invites fans to sip, suit up, and celebrate Halloween with a little more flavor – and a lot more fun.

The collaboration debuts Shock Top Candy Corn Wheat, a limited-edition beer inspired by the playful spirit and larger-than-life energy that Spirit Halloween brings to fans every fall. Blending Shock Top’s signature wheat beer with the unmistakable flavor of Halloween’s most iconic candy, the 5% ABV, seasonal release is brewed for costume parties, haunted gatherings, and celebrating spooky season one sip at a time.

“Shock Top is known for celebrating bold flavor, spirited gatherings and moments that catch people by surprise, and there’s no better occasion for that than Halloween,” said Jacob Neilson, Senior Brand Manager at Shock Top. “Partnering with Spirit – the most iconic name in Halloween – gave us the chance to dream up something hauntingly good that celebrates everything fans love about the season.”

If Spirit Halloween is where fans become their favorite characters, this year they’ll have the chance to step into the iconic orange slice of one of beer’s most recognizable mascots. Available exclusively online at SpiritHalloween.com, the all-new Wedgehead Costume transforms Shock Top’s legendary mascot into an easy-to-wear jumpsuit (SRP: $69.99) that’s perfect for Halloween parties, bar crawls, costume contests, and anyone looking to squeeze a little extra personality into spooky season.

“Spirit fans don’t just celebrate Halloween; they live for it, and we’re always looking for new ways to surprise them,” said Kym Sarkos, Executive Vice Present, General Merchandise Manager at Spirit Halloween. “Pairing the launch of Shock Top’s Candy Corn Wheat Ale with our exclusive Wedgehead costume delivers the exact kind of head-turning, unexpected fun our fans are obsessed with.”

The limited-edition beer and exclusive costume bring together two brands that know how to make the season more memorable. Shock Top Candy Corn Wheat is available at retailers nationwide, and the iconic Wedgehead costume is available on spirithalloween.com.

Follow @shocktop and @spirithalloween on social for more seasonal sips, scares, and surprises.

About Shock Top
Shock Top is a bold, Belgian-style wheat ale brand known for its refreshing taste, citrus-forward character, and easygoing personality. Crafted to bring unexpected flavor and energy to every occasion, Shock Top has become a go-to choice for beer drinkers looking for something expressive, approachable, and fun. Shock Top is part of the Tilray Beverages portfolio.

About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.

For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.

About Spirit Halloween
Spirit Halloween is the largest Halloween retailer in North America. With over 1,550 seasonal locations now open across North America, Spirit is the one-stop destination for all things Halloween. For more than four decades, Spirit has created immersive and interactive experiences for shoppers, complete with a unique and vast assortment of costumes and accessories for infants, toddlers, children, ‘tweens, teens, and adults, along with exclusive décor and animatronics you won’t find anywhere else. For more information, please visit SpiritHalloween.com.

Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and 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, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities law.

For further information, please contact:

Tilray Brands Media: news@tilray.com
Tilray Brands Investors: investors@tilray.com
Shock Top Media: tilraybeer@diffusionpr.com
Spirit Halloween: lori.tesoro@spirithalloween.com

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/1f8e6a2d-bbf7-4602-8293-b0e92a98aed4

https://www.globenewswire.com/NewsRoom/AttachmentNg/cadae521-4060-4ee1-a3c2-be46d39185a4

VANCOUVER, British Columbia, Sept. 16, 2026 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), Canada’s leading premium licensed producer focused on cultivating and selling premium and super-premium cannabis products, is pleased to announce its participation in investor and industry conferences across Canada this fall, including the SmallCap Discoveries Conference in Vancouver; Planet Microcap Toronto 2026; Science in the City International in Paris, France; and the 2026 CanExec Summit in Toronto.

“This fall’s conference schedule provides important opportunities to strengthen relationships with the investment community, engage with industry leaders, and elevate awareness of Rubicon Organics’ differentiated position in the global cannabis market,” said Margaret Brodie, Chief Executive Officer. “As we continue to execute our growth strategy, these forums allow us to showcase the strength of our premium brand portfolio, our expanding production capabilities, and our disciplined approach to pursuing select international opportunities.”

Ms. Brodie will present to investors at the SmallCap Discoveries Conference in Vancouver on September 29, 2026, and at Planet MicroCap Toronto on October 28, 2026. A webcast of the Planet MicroCap presentation will be available live and for replay via the link below. Rubicon Organics will also host one-on-one investor meetings at both events with Ms. Brodie and Glen Ibbott, Chief Financial Officer.

Rubicon Organics will also support Science in the City International as the educational sponsor. The cannabis industry symposium will be held September 28-29, 2026, in Paris, France, where Mathieu Aubin, Vice President, Marketing & New Business, will speak on the future of medical cannabis in France.

In October, Rubicon Organics will participate in the sixth annual CanExec Summit in Toronto, an exclusive networking and educational event for decision-makers from leading licensed producers. Melanie Ramsey, Chief Operating Officer, will participate in a panel on “The Cannabis Landscape: Building a Stronger Industry,” and Mr. Aubin will join the panel “Building a Global Cannabis Business” to discuss international opportunities.

Investor Presentation Details:

Event: 2026 SmallCap Discoveries Conference
Date: Tuesday, September 29, 2026
Time: 1:00 p.m. PT
Location: Parq Vancouver, Vancouver, British Columbia
Investors interested in meeting with Rubicon Organics at SmallCap Discoveries may register here.

Event: Planet MicroCap Toronto
Date: Wednesday, October 28, 2026
Time: 11:30 a.m. ET
Location: Arcadian Loft, Toronto, Ontario
Webcast: Link
Investors interested in meeting with Rubicon Organics at Planet MicroCap Toronto may register here.

ABOUT RUBICON ORGANICS INC.

Rubicon Organics is the Canadian leader in certified organic and premium cannabis. With a vertically integrated model and strong national distribution, the company is scaling a house of trusted, high-performing brands including Simply Bare™ Organics, 1964 Supply Co.™, Wildflower™, and Homestead Cannabis Supply™.
  
The Company operates two complementary cultivation facilities in British Columbia: the flagship 125,000-square-foot Pacifica hybrid greenhouse in Delta and the 47,500-square-foot Cascadia indoor facility in Hope. Cascadia is now fully planted and operational, contributing to Rubicon’s total current annual production capacity of approximately 15,500 kilograms of premium cannabis.

With proprietary genetics, award-winning products, and certifications enabling international distribution, Rubicon is positioned at the forefront of the premium cannabis segment.
  
As the Canadian market continues to evolve and global demand for high-quality cannabis increases, Rubicon Organics’ disciplined execution, brand equity, and consumer loyalty set it apart. The Company’s continued focus on premium quality, thoughtful innovation, and operational excellence has supported steady revenue growth and positive Adjusted EBITDA.
  
Rubicon Organics represents a rare combination of category leadership, operational strength, and long-term growth potential.
  
For more information visit www.rubiconorganics.com.

CONTACT INFORMATION

Margaret Brodie
CEO
Phone: +1 (437) 929-1964
Email: ir@rubiconorganics.com

The TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding Rubicon Organics’ participation in upcoming investor and industry conferences, scheduled presentations, panels, webcasts and investor meetings, future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are “forward-looking statements”. Forward-looking information can be identified by the use of words such as “will”, “expected”, “anticipated”, “continue”, “positioned”, “opportunities”, “potential” or variations of such words or statements that certain actions, events or results may, could, would, should, might or will occur or be achieved.

Forward-looking statements are based on assumptions and estimates that management considers reasonable as of the date of this press release, including, among other things, assumptions regarding participation in upcoming investor and industry conferences, the timing and format of presentations, panels, webcasts and investor meetings, the continued strength of the Company’s premium brand portfolio, expansion of production capabilities, opportunities in select international markets, optimization of cultivation yields and operational efficiencies, successful ramp-up of production capacity, achievement of anticipated revenue growth, gross profit expansion, positive operating cash flow and Adjusted EBITDA profitability, and the Company’s ability to execute its strategic initiatives.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, the risk that anticipated production, yield, operational efficiency, revenue, margin or profitability targets are not achieved, scheduled conferences, presentations, panels, webcasts or investor meetings are delayed, modified, cancelled or do not occur as planned, the risk that anticipated investor or industry engagement does not materialize, changes in market conditions, consumer demand, competition, regulatory developments, access to capital, and the other risk factors described under the heading “Risk Factors” in Rubicon Organics’ Annual Information Form dated March 23, 2026, filed with the Canadian securities regulatory authorities.

Readers are cautioned not to place undue reliance on forward-looking statements. Although the Company believes that the expectations and assumptions underlying such statements are reasonable, there can be no assurance that they will prove to be accurate, and actual results and future events may differ materially from those anticipated. Except as required by applicable law, Rubicon Organics undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

WATERTOWN, Mass., Sept. 16, 2026 (GLOBE NEWSWIRE) — EyePoint, Inc. (Nasdaq: EYPT), a company committed to developing and commercializing therapeutics to help improve the lives of patients with serious retinal diseases, today announced that the Company granted non-statutory stock options to new employee as inducement award outside the Company’s 2023 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4).

The Company granted stock options to purchase up to an aggregate of 3,000 shares of EyePoint common stock to one new employee. The stock options were granted on September 15, 2026. The grant was approved by the Compensation Committee and made as an inducement material to the employee entering into employment with EyePoint in accordance with NASDAQ Listing Rule 5635(c)(4). The option awards have an exercise price of $3.66 per share, the closing price of EyePoint’s common stock on September 15, 2026. The options have a ten-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee’s date of grant and the remainder vesting in equal monthly installments over the following three years. Vesting of the options is subject to the employee’s continued service with EyePoint through the applicable vesting dates.

About EyePoint

EyePoint, Inc. (Nasdaq: EYPT) is a clinical-stage biopharmaceutical company committed to developing and commercializing innovative therapeutics to improve the lives of patients with serious retinal diseases. The Company’s lead product candidate, DURAVYU™, is an innovative investigational sustained delivery treatment for serious retinal diseases combining vorolanib, a selective and patent-protected tyrosine kinase inhibitor, in next-generation bioerodible Durasert E™ technology. Supported by robust safety and efficacy data across multiple clinical trials and indications, DURAVYU is currently being evaluated in Phase 3 pivotal trials for wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME). Topline data for wet AMD was disclosed in August 2026 for LUGANO, and further data from LUCIA is expected in the fourth quarter of 2026. Topline data for DME is expected in the fourth quarter of 2027.

The Company is committed to partnering with the retinal community to improve patient lives while creating long-term value, with four approved drugs over three decades and tens of thousands of eyes treated with EyePoint innovation.

EyePoint is headquartered in Watertown, Massachusetts, with a commercial manufacturing facility in Northbridge, Massachusetts.

Vorolanib is licensed to EyePoint exclusively by Equinox Sciences, a Betta Pharmaceuticals affiliate, for the localized treatment of all ophthalmic diseases outside of China, Macao, Hong Kong and Taiwan.

DURAVYU^™ has been conditionally accepted by the FDA as the proprietary name for EYP-1901. DURAVYU is an investigational product; it has not been approved by the FDA. FDA approval and the timeline for potential approval is uncertain.

Investors:
Robin Garner
EyePoint, Inc.
ir@eyepoint.bio

Media:
Helen O’Gorman
FTI Consulting
media@eyepoint.bio

WALTHAM, Mass., Sept. 16, 2026 (GLOBE NEWSWIRE) — Kailera Therapeutics, Inc. (Nasdaq: KLRA) (Kailera), a clinical-stage biotechnology company focused on elevating the next era of obesity care, today announced participation in the following investor conferences:

• Bernstein Insights: Healthcare Leaders and Disruptors – 3rd Annual Healthcare Forum
  Wednesday, September 23, 2026, 9:40 a.m. ET
  Fireside Chat with Jamie Coleman, Chief Commercial Officer

• Stifel 2026 Virtual Cardiometabolic Forum
  Wednesday, September 30, 2026, 11:30 a.m. ET
  Fireside Chat with Ron Renaud, Chief Executive Officer, Doug Pagán, Chief Financial Officer, and Scott Wasserman, Chief Medical Officer

The live webcasts will be available on the Events page of Kailera’s investor website. A replay of the conference webcasts will be archived on the company’s website for 90 days.

About Kailera Therapeutics 
Kailera Therapeutics (Kailera) is a clinical-stage biotechnology company focused on elevating the next era of obesity care by progressing a diversified pipeline to provide options for people living with obesity no matter where they are in their treatment journey. With an obesity-first focus, Kailera is advancing four clinical-stage product candidates leveraging multiple GLP-1-based mechanisms of action and routes of administration specifically designed to address critical needs in the current therapeutic landscape with a lead product candidate, ribupatide injection (also known as KAI-9531), that has the potential for the greatest weight loss. Ribupatide injection is in global Phase 3 trials as a once-weekly injectable GLP-1/GIP receptor dual agonist. Kailera is expanding the ribupatide franchise by developing a once-daily oral formulation with the goal of providing an oral option with the potential for compelling weight loss and highly differentiated tolerability. Additionally, Kailera is advancing the development of KAI-7535, a once-daily oral small molecule GLP-1 receptor agonist, and KAI-4729, a once-weekly injectable GLP-1/GIP/glucagon receptor tri-agonist. Kailera’s vision is to deliver category-leading obesity management medications that give people the power to restore their health and transform their lives. Kailera is based in Waltham, MA. For more information, visit www.kailera.com and follow us on LinkedIn and X.

Special Note Regarding Kailera Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the profile of product candidates, the potential of Kailera’s portfolio, market opportunities for product candidates, the competitive landscape, and participation in upcoming events. Forward-looking statements can be identified by terms such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “suggest,” “plan,” “goal,” “vision,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or similar expressions and the negatives of those terms. Kailera cannot assure you that the forward-looking statements in this press release will prove to be accurate. Information in this press release may also include statements relating to past performance, which should not be regarded as a reliable indicator of future performance. Forward-looking statements are based on current expectations and assumptions together with projections of the future which are inherently uncertain, and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, among others, uncertainties inherent in clinical development, regulatory review, manufacturing, competition, market opportunities, reliance on third parties, estimates of capital requirements, needs for additional financing, and other important factors, including those discussed under the caption “Risk Factors” in Kailera’s filings with the Securities and Exchange Commission. These statements speak only as of the date of this press release, and Kailera undertakes no obligation to update or revise any forward-looking statements. Kailera may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements.

Contact Information
Maura Gavaghan 
Vice President, Investor Relations 
maura.gavaghan@kailera.com

Anna Robinson
Vice President, Communications
anna.robinson@kailera.com

BROSSARD, Quebec, Sept. 16, 2026 (GLOBE NEWSWIRE) — G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSX:GMIN | OTCQX:GMINF) today provides an update on its exploration drilling activities completed at its wholly owned Gurupi Project (“Gurupi” or the “Project”) in Maranhão state, Brazil and Tocantinzinho mine (“TZ”) in Pará State, Brazil. At Gurupi, drilling continues to demonstrate extensions to known mineralization at the Blanket (“Blanket”) and Mandiocal (“Mandiocal”) deposits and while maiden drilling at the Grodiocal target (“Grodiocal”) has confirmed a new near-surface gold discovery. At TZ, drilling below the current pit design confirms the continuity of mineralization at depth, while regional exploration is identifying additional opportunities across a broader mineralized corridor.

Intercepts are indicated in metres (“m”) and grade in grams per tonne of gold (“g/t Au”).

New highlights include:

Gurupi 

• Blanket: Broad intercepts extend mineralization approximately 250 metres beyond the 2025 Mineral Resource Estimate (“MRE”), with results including 79.6 m at 1.78 g/t Au and 63.5 m at 1.28 g/t Au
• Mandiocal: Mineralization extended up to 125 m below the 2025 MRE pit shell, including 48.4 m at 1.32 g/t Au and 35.0 m at 1.37 g/t Au
• Grodiocal: Maiden drilling confirmed a new, near-surface gold discovery, highlighted by 23.0 m at 1.97 g/t Au, including 9.0 m at 4.24 g/t Au and 10.0 m at 3.42 g/t Au
• An updated MRE is expected to be complete before year-end, which will form the basis of a Preliminary Economic Assessment (“PEA”) targeted to be completed by the end of 2026

TZ

• Drilling up to 150 metres below the current pit design confirms continuity of mineralization at depth
• Results include 78.1 m at 1.81 g/t Au, including 16.0 m at 4.34 g/t Au and 51.0 m at 1.31 g/t Au, including 7.80 m at 6.42 g/t Au
• Regional exploration has defined a 15 km by 3 km mineralized corridor hosting the Tocantinzinho deposit and multiple satellite targets.

Julie-Anaïs Debreil, Vice-President Geology & Resources, commented: “The results from our 2026 exploration programs continue to validate the significant potential we see across both Gurupi and Tocantinzinho. At Gurupi, drilling has successfully extended mineralization at Blanket and Mandiocal while confirming a new gold discovery at Grodiocal, further demonstrating the district-scale potential of the Project. At TZ, drilling below the current pit design continues to confirm the continuity of mineralization at depth, while regional exploration is identifying additional opportunities across a broader mineralized corridor. As we advance an updated MRE and PEA at Gurupi, these programs continue to strengthen our pipeline of organic growth opportunities in Brazil.”

Gurupi Demonstrates District-Scale Growth Potential

Gurupi hosts approximately 43.5 million tonnes (“Mt”) grading 1.31 g/t Au, which contain 1.8 million ounces (“Moz”) of Indicated Resources and 18.5 Mt grading 1.29 g/t Au containing 0.8 Moz of Inferred Resources as estimated in the 2025 MRE, distributed across the Blanket, Contact, Chega Tudo and Mandiocal deposits (Figure 1). Since exploration drilling resumed in November 2025, the Corporation has completed 32,610 m in 186 holes across Blanket, Mandiocal and Grodiocal. The program is testing extensions to existing mineralized systems and evaluating the newly discovered Grodiocal target along the prospective Chega Tudo-Mandiocal corridor.

Figure 1 – Gurupi Deposits

Blanket Drilling Intersects Mineralization Beyond Current Resource Limits
At Blanket, drilling continues to test the potential for further extensions of mineralization beyond the current MRE. Nineteen diamond drill holes for 6,323 m have been completed with assay results received for seven holes and results pending for 12 holes (Table 1). Recent drilling has intersected mineralization approximately 250 m beyond the current MRE, supporting the interpretation of down-plunge continuity and indicating that the deposit remains open for follow-up drilling (Figures 2a, 2b and 2c). Structural analysis indicates that multiple folding events have enhanced both the thickness and grade distribution of mineralization, creating broad zones that remain only partially tested. Results from the ongoing program support continued evaluation of the deposit along plunge and at depth.

Table 1: Significant Blanket Drilling Highlights

Hole ID		From (m)	To (m)	Au (g/t Au)	Length* (m)	Composite
GUD-26-019		202.0	234.0	0.67	32.0	32.0 m at 0.67 g/t Au
GUD-26-021		254.0	284.0	1.38	30.0	30.0 m at 1.38 g/t Au
	Incl.	254.0	263.1	2.21	9.1	9.1 m at 2.21 g/t Au
	And	265.0	269.0	2.64	4.0	4.0 m at 2.64 g/t Au
GUD-26-023		170.0	233.5	1.28	63.5	63.5 m at 1.28 g/t Au
	Incl.	197.0	210.5	3.21	13.5	13.5 m at 3.21 g/t Au
GUD-26-026		240.0	272.5	2.28	32.5	32.5 m at 2.28 g/t Au
	Incl.	240.0	247.0	6.78	7.0	7.0 m at 6.78 g/t Au
GUD-26-029		145.5	225.1	1.78	79.6	79.6 m at 1.78 g/t Au
	Incl.	215.3	225.1	3.49	9.8	9.8 m at 3.49 g/t Au
	And	180.7	185.7	3.17	5.0	5.0 m at 3.17 g/t Au

*True width estimated at 95% of the length

Figure 2a – Section through Blanket Deposit

Figure 2b – Section through Blanket Deposit

Figure 2c – Section through Blanket Deposit

Mandiocal Drilling Confirms Down-Plunge Continuity
At Mandiocal, gold mineralization is hosted within a dacitic volcanic unit. Twenty-four diamond drill holes for 6,787 m have been completed, with assay results received for 13 holes and results pending for 11 holes (Table 2). The objective was to evaluate the lateral and depth extensions of the deposit. Drilling has intersected mineralization up to 125 m below the 2025 MRE pit shell while demonstrating increased thickness of the mineralized system at depth (Figure 3). These results support the interpretation of southeast down-plunge continuity and indicate that mineralization remains open beyond the limits of the current resource model.

Table 2: Significant Mandiocal Drilling Highlights

Hole ID		From (m)	To (m)	Au (g/t Au)	Length* (m)	Composite
GUD-26-027		222.5	257.5	1.37	35.0	35.0 m at 1.37 g/t Au
	Incl.	239.5	245.5	3.60	6.0	6.0 m at 3.60 g/t Au
GUD-26-028		276.5	324.9	1.32	48.4	48.4 m at 1.32 g/t Au
	Incl.	293.0	302.8	2.83	9.8	9.8 m at 2.83 g/t Au
	Incl.	308.8	313.8	3.55	5.0	5.0 m at 3.55 g/t Au
GUD-26-030		251.5	284.0	0.82	32.5	32.5 m at 0.82 g/t Au
	Incl.	261.5	270.5	1.24	9.0	9.0 m at 1.24 g/t Au
GUD-26-031		216.5	251.0	0.77	34.5	34.5 m at 0.77 g/t Au
GUD-26-033		183.0	228.0	0.55	45.0	45.0 m at 0.55 g/t Au
GUD-26-034		170.2	197.0	0.72	26.8	26.8 m at 0.72 g/t Au
GUD-26-035		210.8	234.3	0.64	23.5	23.5 m at 0.64 g/t Au

*True width estimated at 85% of the length

Figure 3 – Section of Mandiocal deposit

Maiden Drilling Confirms the Grodiocal Gold Discovery

Grodiocal is a newly identified discovery located northwest of Mandiocal along the prospective Chega Tudo trend, where no historical drilling had previously been completed. The maiden program comprised 17,667 m in 127 holes, including 22 diamond drill holes and 105 Reverse Circulation holes, and identified multiple zones of near-surface gold mineralization within a corridor extending approximately 5 km in strike length and up to 1 km in width (Table 3). Mineralization is hosted within deformed sedimentary rocks of the Chega Tudo Formation. The results establish Grodiocal as a priority target for follow-up drilling to better define the geometry, continuity, and extent of the mineralized zones (Figure 4).

Table 3: Significant Grodiocal Drilling Highlights

Hole ID		From (m)	To (m)	Au (g/t Au)	Length* (m)	Composite
GUD-26-007		19.6	33.0	1.02	13.4	13.4 m at 1.02 g/t Au
		55.5	63.0	3.48	7.5	7.5 m at 3.48 g/t Au
GUD-26-010		139.5	147.3	1.59	7.8	7.8 m at 1.59 g/t Au
GUD-26-017		97.5	109.5	1.09	12.0	12.0 m at 1.09 g/t Au
GUD-26-022		92.0	95.0	4.31	3.0	3.0 m at 4.31 g/t Au
GUR-26-018		74.0	81.0	2.54	7.0	7.0 m at 2.54 g/t Au
GUR-26-024		40.0	47.0	1.62	7.0	7.0 m at 1.62 g/t Au
GUR-26-039		63.0	75.0	1.26	12.0	12.0 m at 1.26 g/t Au
	Incl.	65.0	68.0	3.85	3.0	3.0 m at 3.85 g/t Au
GUR-26-057		61.0	70.0	1.40	9.0	9.0 m at 1.40 g/t Au
	Incl.	61.0	64.0	3.54	3.0	3.0 m at 3.54 g/t Au
GUR-26-059		2.0	26.0	0.60	24.0	24.0 m at 0.60 g/t Au
GUR-26-066		23.0	33.0	3.42	10.0	10.0 m at 3.42 g/t Au
GUR-26-068		51.0	74.0	1.97	23.0	23.0 m at 1.97 g/t Au
	Incl.	55.0	64.0	4.24	9.0	9.0 m at 4.24 g/t Au
GUR-26-072		84.0	100.0	1.51	16.0	16.0 m at 1.51 g/t Au
	Incl.	91.0	95.0	3.76	4.0	4.0 m at 3.76 g/t Au
GUR-26-073		80.0	85.0	2.02	5.0	5.0 m at 2.02 g/t Au
GUR-26-076		17.0	29.0	0.87	12.0	12.0 m at 0.87 g/t Au

*True width estimated at 85% of the length

Figure 4 – New Grodiocal Discovery

Results from the Gurupi exploration program will be evaluated for inclusion in an updated MRE. The Corporation is also advancing a PEA targeted for year-end 2026, which is expected to evaluate potential development scenarios for the Project.

TZ Continues to Deliver Near-Mine and District-Scale Opportunities

While Gurupi represents an important future growth platform, TZ remains the foundation of GMIN’s Brazilian operations and a key source of near-mine organic growth. Exploration at the operation is focused on testing mineralization below the current pit design and advancing a growing pipeline of regional targets across the broader district. Together, these programs are intended to support future resource evaluation and mine-planning opportunities around GMIN’s cornerstone producing asset in Brazil.

TZ Drilling Confirms Mineralization Below the Current Pit
Recent drilling completed up to 150 m beneath the current pit design continues to demonstrate the continuity of mineralization at depth and provides potential for mineral resource conversion or additions, subject to additional drilling, geological modelling and economic evaluation (Figure 5). Recent drilling from four holes (2,548 m) returned broad mineralized intervals supporting the extension of the mineralized system below currently defined mining limits (Table 4).

Table 4: Significant TZ Drilling Highlights

Hole ID		From (m)	To (m)	Au (g/t Au)	Length (m)	Composite
BRZ-25-121		369.4	447.5	1.81	78.1	78.1 m at 1.81 g/t Au
	Incl.	427.0	443.0	4.34	16.0	16.0 m at 4.34 g/t Au
	And	461.5	466.3	1.48	4.8	4.8 m at 1.48 g/t Au
		491.0	506.0	1.11	15.0	15.0 m at 1.11 g/t Au
BRZ-26-129		502.5	513.0	4.62	10.5	10.5 m at 4.62 g/t Au
		611.0	630.0	1.52	19.0	19.0 m at 1.52 g/t Au
	Incl.	612.0	616.0	4.97	4.0	4.0 m at 4.97 g/t Au
BRZ-26-132		563.0	569.0	1.30	6.0	6.0 m at 1.30 g/t Au
BRZ-26-134		371.0	422.0	1.31	51.0	51.0 m at 1.31 g/t Au
	Incl.	382.0	389.8	6.42	7.8	7.8 m at 6.42 g/t Au
		430.0	457.0	1.08	27.0	27.0 m at 1.08 g/t Au
	Incl.	440.0	446.0	3.03	6.0	6.0 m at 3.03 g/t Au
		550.0	554.0	1.87	4.0	4.0 m at 1.87 g/t Au

*True width estimated at 85% of the length

These results improve the geological understanding of the mineralized system below the current pit design and identify areas for continued drilling and evaluation in future resource and mine-planning studies.

Figure 5 – Long section of the TZ deposit

Regional Program Advances TZ Exploration Pipeline
Beyond the existing deposit, regional exploration has established a new district-scale exploration framework centered on a 15-km by 3-km mineralized transtensional corridor that hosts the TZ deposit and numerous satellite targets. Exploration is increasingly focused on structural intersections between the main NW-SE (TZ trend) and E-W structures, which are interpreted to be key controls on mineralization. This work has identified multiple priority targets, providing a growing pipeline of near-mine and regional growth opportunities.

Exploration along newly defined trends has delineated several mineralized zones over a strike length exceeding 3 km and has returned rock sample assays of up to 29.8 g/t Au, reinforcing the potential for the discovery of additional mineralization within the broader TZ district.

Next Steps

Exploration activities across Gurupi and TZ continue to advance according to plan. Follow-up drilling is underway at Blanket, Mandiocal and Grodiocal while an updated Gurupi MRE and PEA remain targeted for year-end 2026. At TZ, drilling continues below the current pit design and across regional targets within the recently defined mineralized corridor.

Year-to-date, the Corporation has completed approximately 33,600 m of the accelerated 65,000 m program at Gurupi, 14,500 m of the 25,000 m program at TZ. Exploration results from approximately 31,000 m drilled at GMIN’s wholly owned Oko Project, Guyana, will be reported in a separate news release at a later date.

Sampling and Quality Assurance/Quality Control (“QA/QC”) Disclosure

Gurupi assay samples are prepared at ALS Chemex in Parauapebas, Brazil, and Tocantinzinho assay samples are prepared at ALS Chemex in Cuiaba, Brazil. Samples from both projects are analyzed at an accredited laboratory in Lima, Peru, using fire assay and Inductively Coupled Plasma methods. Standard preparation includes crushing to 70% passing 2 mm and pulverizing 250 g to 85% passing 75 μm. Gold assays are performed using a 30 g fire assay with atomic absorption finish, with samples returning >10 g/t Au re-assayed by fire assay with gravimetric finish. When visible gold is present, a 1 kg split is pulverized to 95% passing 106 μm and subjected to screen fire assay for coarse gold evaluation. Duplicate analyses are also completed for added quality control. For a complete description of Gurupi’s sample preparation, analytical methods and QA/QC procedures, refer to the technical report for the Gurupi Project dated April 8, 2025 (effective date February 3, 2025), entitled “Mineral Resource Estimate NI 43-101 Technical Report Gurupi Project”. For TZ, refer to the technical report dated April 8, 2025 (effective date February 3, 2025), entitled “Feasibility Study – NI 43-101 Technical Report, Tocantinzinho Gold Project”.

The Corporation maintains a rigorous QA/QC program, including the routine insertion of certified standards, blanks, and field duplicates (approximately 10% of all samples). QA/QC results are closely monitored, and any failures are re-assayed to ensure the reliability of reported results.

Qualified Person

The technical content of this press release has been reviewed and approved by Julie-Anaïs Debreil, Vice President Geology & Resources of GMIN, who is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

About G Mining Ventures Corp.

G Mining Ventures Corp. is a mining company engaged in the development, operation and exploration of precious metals projects. GMIN is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. GMIN is currently anchored by the Tocantinzinho Mine in Brazil, supported by the Gurupi Project in Brazil and the Oko West Project and Oko-Ghanie Project in Guyana — all with significant exploration upside and located in mining-friendly jurisdictions. GMIN trades on the TSX under the symbol GMIN.

Additional Information

For further information on GMIN, please visit the website at www.gmin.gold or contact:  
Jean-François Lemonde 
Vice President, Investor Relations 
514.299.4926
Jflemonde@gmin.gold

Appendix
Table 6: Collar coordinates of the released holes

Hole ID	Target	Easting	Northing	Elevation	Dip	Azimut	System
GUD-26-019	Blanket	364799	9750372	46	-85	295	SIRGAS 2000 / UTM zone 23S
GUD-26-021	Blanket	364859	9750353	74	-85	295	SIRGAS 2000 / UTM zone 23S
GUD-26-023	Blanket	364773	9750289	47	-85	305	SIRGAS 2000 / UTM zone 23S
GUD-26-026	Blanket	364832	9750267	39	-85	305	SIRGAS 2000 / UTM zone 23S
GUD-26-029	Blanket	364741	9750241	51	-85	330	SIRGAS 2000 / UTM zone 23S
GUD-26-027	Mandiocal	354979	9749155	56	-60	50	SIRGAS 2000 / UTM zone 23S
GUD-26-028	Mandiocal	354962	9749125	56	-62	50	SIRGAS 2000 / UTM zone 23S
GUD-26-030	Mandiocal	355042	9749068	63	-66	50	SIRGAS 2000 / UTM zone 23S
GUD-26-031	Mandiocal	354954	9749224	55	-66	46	SIRGAS 2000 / UTM zone 23S
GUD-26-033	Mandiocal	355185	9748984	57	-75	50	SIRGAS 2000 / UTM zone 23S
GUD-26-034	Mandiocal	354964	9749261	62	-60	50	SIRGAS 2000 / UTM zone 23S
GUD-26-035	Mandiocal	355103	9748989	62	-50	50	SIRGAS 2000 / UTM zone 23S
GUD-26-007	Grodiocal	351869	9751634	49	-50	50	SIRGAS 2000 / UTM zone 23S
GUD-26-010	Grodiocal	351783	9751559	71	-50	50	SIRGAS 2000 / UTM zone 23S
GUD-26-017	Grodiocal	352551	9752207	54	-50	50	SIRGAS 2000 / UTM zone 23S
GUD-26-022	Grodiocal	352053	9751396	52	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-018	Grodiocal	350473	9753306	49	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-024	Grodiocal	352324	9751105	53	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-039	Grodiocal	353026	9750674	53	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-057	Grodiocal	352027	9751482	47	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-059	Grodiocal	352173	9751373	52	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-066	Grodiocal	352021	9751502	39	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-068	Grodiocal	351918	9751541	53	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-072	Grodiocal	351962	9751456	50	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-073	Grodiocal	351303	9752087	54	-50	50	SIRGAS 2000 / UTM zone 23S
GUR-26-076	Grodiocal	351380	9752155	55	-50	50	SIRGAS 2000 / UTM zone 23S
BRZ-25-121	TZ	578347	9330806	120	-61	218	SIRGAS 2000 / UTM zone 26S
BRZ-26-129	TZ	578410	9330897	155	-59	215	SIRGAS 2000 / UTM zone 26S
BRZ-26-132	TZ	578410	9330897	155	-56	206	SIRGAS 2000 / UTM zone 26S
BRZ-26-134	TZ	578320	9330830	120	-65	219	SIRGAS 2000 / UTM zone 26S

Cautionary Statement on Forward-Looking Information

All statements, other than statements of historical fact, contained in this press release constitute “forward-looking information” and “forward-looking statements” within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release. While this press release focuses on results obtained from exploration activities at TZ and Gurupi, it also contains statements about exploration potential, additional exploration opportunities at TZ, multiple targets at Gurupi, continuity of mineralization at depth at TZ, GMIN’s overall exploration strategy, GMIN’s planned exploration works across its asset portfolio, and the milestones expected to be achieved at Gurupi by year end 2026 (e.g., updated MRE, PEA), all such statements being forward-looking in their essence and nature.

In particular, mineralized intervals reported in this press release are drill intercepts and may not represent true widths, except where noted. The potential quantity and grade of any exploration target or mineralized zone outside the current MRE is conceptual in nature, and there has been insufficient exploration to define a mineral resource in those areas.

Forward-looking statements contained in this press release include, without limitation, those related to (i) the completion of both an updated MRE and a PEA for Gurupi by the end of 2026, expected to strengthen GMIN’s pipeline of organic growth opportunities; (ii) the continuity of mineralization at depth at TZ (below current pit design), providing potential for mineral resource conversion or additions; (iii) the potential for further extensions of mineralization beyond the current MRE for Gurupi; (iv) Gurupi’s district-scale potential, also representing an important future growth platform; (v) the definition of a broader mineralized corridor hosting multiple targets at TZ; (vi) the strong exploration potential of the Blanket, Mandiocal and Grodiocal deposits at Gurupi, each of which remaining open for follow-up drilling; (vii) the advancement of a growing pipeline of regional targets across TZ’s broader district, to reinforce its potential for the discovery of additional mineralization and to support future resource evaluation and mine-planning opportunities; and (viii) in general, the sections entitled “Gurupi Demonstrates District-Scale Growth Potential” “Tocantinzinho Continues to Deliver Near-Mine and District-Scale Opportunities” and “About G Mining Ventures Corp.”; as well as the quoted comments of GMIN’s Vice President, Geology & Resources.

Forward-looking statements are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Such assumptions include, without limitation, those relating to the price of gold and currency exchange rates, those relating to mineral reserves and resources as well as exploration targets, and those underlying the items listed in the above sections entitled “Gurupi Demonstrates District-Scale Growth Potential” “Tocantinzinho Continues to Deliver Near-Mine and District-Scale Opportunities” and “About G Mining Ventures Corp.”.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation, (i) the identified pipeline of near-mine and regional growth opportunities at TZ will lead to additional mineral reserves and, eventually, additional ounces of gold produced; (ii) the extension to Gurupi’s known mineralization (notably the near-surface discovery at Gurupi’s Grodiocal target) will lead to additional mineral resources; (iii) the validation of the exploration potential at both TZ and Gurupi will lead to highly prospective zones for further exploration and, eventually, to additional mineral resources at either or both sites; (iv) the improved geological understanding of TZ’s mineralized system will translate into additional mineral reserves and, eventually, additional ounces of gold produced; (v) Brazil’s regulatory environment will ensure timely decision-making allowing GMIN to achieve its planned Gurupi milestones; (vi) GMIN will achieve its stated exploration objectives for TZ and Gurupi; or (vii) GMIN will grow into the next mid-tier precious metals producer, as future events could differ materially from what is currently anticipated by the Corporation. In addition, there can be no assurance that Brazil and/or Guyana will remain mining friendly and prospective jurisdictions.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the Corporation’s other filings with the securities regulators of Canada including, but not limited to, the cautionary statements made in the relevant sections of the Corporation’s (i) Annual Information Form dated March 25, 2026, for the financial year ended December 31, 2025, and (ii) Management Discussion & Analysis. The Corporation cautions that the foregoing list of factors that may affect future results is not exhaustive, and new, unforeseeable risks may arise from time to time. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

Fewer than one in five organizations are using AI at scale as data quality, integration complexity and automation gaps challenge transportation transformation

ATLANTA, Sept. 16, 2026 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the results of its 10th Annual Global Transportation Management Benchmark Survey. The study shows how transportation management has evolved over the past decade from an operational function into a strategic driver of business growth, customer experience and competitive differentiation. It also reveals that the next phase of transformation will depend on organizations’ ability to scale automation and artificial intelligence (AI).

Over the 10 years of the study, the percentage of surveyed North American organizations planning to increase transportation management (TM) technology investment has risen from 53% in 2017 to 78% in 2026. At the same time, 85% of organizations now view transportation as either a competitive weapon or customer service differentiator, compared with 65% in 2017. Business growth is also the leading driver of transportation management system (TMS) adoption for both shippers (53%) and logistics service providers (LSPs) (48%), maintaining its top position for the second year in a row (see Figure 1).

Figure 1. Business Drivers for TMS Adoption

Source: Descartes/SAPIO Research

Despite transportation’s growing strategic role and sustained technology investment, the study identifies significant opportunities to advance operational maturity. In addition, only 19% of shippers and 15% of LSPs report using AI at scale, with most organizations still exploring, piloting or partially deploying it (see Figure 2). Data quality is the leading barrier to scaling AI, cited by 45% of LSPs and 33% of shippers, followed closely by integration complexity at 38% and 39%, respectively. The findings suggest the next stage of transportation AI adoption will depend increasingly on the digital infrastructure that enables AI to operate effectively across transportation networks.

Figure 2. Level of AI Adoption

Source: Descartes/SAPIO Research

 Other key findings include:

• Growth expectations remain resilient: 79% of shippers expect at least 5% annual growth over the next two years, while 84% of LSPs expect the same. Nearly three-quarters (74%) of LSPs expect annual growth of 5–15%, up 26 percentage points year over year.
• Cost pressures remain significant: Freight cost management is the largest current transportation challenge for shippers (35%) and LSPs (25%). Rising industry costs are also the top external factor expected to impact transportation management over the next five years.
• AI is producing tangible operational benefits: Shippers report the greatest realized AI benefit in reduced administrative and labor costs (55%), while LSPs cite improved service (53%) and freight cost reduction (46%).
• Truckload visibility needs improvement: Full truckload is the mode most frequently identified as needing better real-time visibility, cited by 57% of shippers and 43% of LSPs—up 14 and 19 percentage points, respectively, from 2025.
• AI and cost control create a dual mandate: Increasing AI adoption is the top transportation priority for shippers and LSPs combined (58%) over the next two years, with reducing freight costs a close second (57%).

“Ten years of benchmark research shows that the transportation technology conversation has fundamentally changed,” said Alan Dunkerley, SVP, Product Management at Descartes. “Organizations no longer need to be convinced that transportation technology creates value, as they are increasingly focused on how to maximize that value. In addition, with AI now a strategic priority, the ability to connect transportation networks, automate processes and create high-quality, real-time data will be critical to moving AI from experimentation into scaled transportation operations.”

Descartes and SAPIO Research surveyed 600 senior transportation decision-makers globally, including 300 across the United States and Canada, evenly split between shippers and LSPs. Respondents represented manufacturers, distributors and retailers as well as freight brokers, freight forwarders and third- and fourth-party logistics providers. The goal was to benchmark the transportation management sector; understand transportation strategies, operations and visibility; identify key industry challenges and how organizations are preparing for them; and explore AI adoption, benefits and barriers to scale.

To learn more, read the full report: Descartes’ 10th Annual Global Transportation Management Benchmark Survey.

Learn more about Descartes’ Transportation Management solutions.

About Descartes

Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (GLN). Shippers, carriers, and logistics service providers connect and collaborate on the GLN leveraging technology, data and AI to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes. Learn more about Descartes at www.descartes.com and connect with us on LinkedIn and X.

Global Media Contact
Cara Strohack
Tel: 226-750-8050
cstrohack@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ transportation management solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities regulatory authorities across Canada including Descartes’ most recently filed annual and interim management’s discussion and analysis documents which are available under Descartes’ profile through the EDGAR website at http://www.sec.gov or through the SEDAR+ website at http://www.sedarplus.com/. If any such risks actually occur, they could, among other consequences, materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do 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 our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/a4251461-f89a-4e7e-b121-216b7b51325f

https://www.globenewswire.com/NewsRoom/AttachmentNg/2a60e519-ed1f-43b7-9465-2d648f47b80e