Month: September 2026

Partnership to Support Development and Qualification Efforts for Photonics Products

GOLETA, Calif., Sept. 15, 2026 (GLOBE NEWSWIRE) — Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for AI, mobile and consumer, defense and aerospace, and quantum, announced today it has executed an agreement with Sumitomo Chemical Advanced Technologies (SCAT) to accelerate development and production of photonics wafers for the AI datacom market. The agreement will initially leverage existing metalorganic chemical vapor deposition (MOCVD) capabilities at SCAT’s Phoenix, Arizona manufacturing facility, and provides a path for increasing capacity in the future.

Aeluma’s large-diameter non-indium-phosphide (non-InP) photonics platform combines best-in-class materials with mass-market microelectronics manufacturing. With InP substrates in short supply, and geopolitics adding risk and uncertainty, alternative approaches are being considered to meet the demand for high-performance photonics components such as photodetectors and lasers. Traditional InP manufacturing is carried out on 100mm substrates and smaller. While 150mm InP lines are being established, new fabs require time and resources to qualify, and InP substrates are expensive and in short supply.

Aeluma’s heterogeneous integration approaches leverage non-InP substrates such as 150mm gallium arsenide (GaAs) and 200 to 300mm silicon (Si) that are more readily available. In addition to the partnership with SCAT, Aeluma complements its in-house MOCVD capabilities by working with established large-volume GaAs and Si foundries for component fabrication, eliminating dependence on new fab buildouts and associated qualification timelines.

SCAT, a solely owned subsidiary of Sumitomo Chemical, produces epitaxial wafers at its facility in Phoenix, Arizona for the optical communications, smartphone, wireless, and automotive industries.

“SCAT is an ideal partner to pair with Aeluma’s in-house MOCVD that is capable of producing wafers of any size, including large-diameter 150, 200, and 300mm substrates,” said Jonathan Klamkin, Ph.D., Founder and CEO of Aeluma. “We have been working with SCAT for several years. This new agreement aims to strengthen our relationship and set the stage for accelerated development, qualification, production, and future potential expansion.”

“We look forward to continued partnership with Aeluma,” added Dr. Ken Campman, President & Executive Officer from SCAT. “The demand for epitaxial wafers for photodetectors and lasers has grown significantly, but InP substrate supply is limiting development and production efforts. Aeluma’s technology is a promising solution for the datacom market and may impact other markets as well.”

Forward-Looking Statements

All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company’s expectations regarding its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on the Company’s current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expect,” “intend,” “plan,” “project,” “believe,” “estimate,” and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company’s control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

About Aeluma

Aeluma (NASDAQ: ALMU) is a transformative semiconductor company specializing in high-performance photonic and electronic technologies that scale. The company’s proprietary platform combines compound semiconductors with scalable manufacturing used for mass market microelectronics to enable volume production and large-scale integration. Applications for Aeluma’s technology include mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum. Headquartered in Goleta, California, Aeluma operates state-of-the-art R&D and manufacturing capabilities for semiconductor wafer production, quick-turn chip fabrication, rapid prototyping, test and validation. Aeluma also partners with production-scale fabrication foundries, packaging, and integration companies. For more information, visit www.aeluma.com.

Company:
Aeluma, Inc.
(805) 351-2707
info@aeluma.com

Investor Contact:
Financial Profiles, Inc.
Moira Conlon and Donni Case
(310) 622-8224
ir@aeluma.com

VANCOUVER, British Columbia, Sept. 15, 2026 (GLOBE NEWSWIRE) — Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to report that a recently completed induced polarization (“IP”) geophysical survey at its 100%-owned Birch Project (“Birch” or the “Project”) has identified a new target zone approximately 2 kilometres south of known skarn mineralization.

Highlights

• Multiple chargeability anomalies identified south of the Birch skarn expand the exploration footprint into a broader intrusive system.
• The anomalies coincide with a mapped intrusive body and magnetic high and elevated molybdenum-in-soil geochemistry.
• Select grab samples in the same area returned grades up to 16 grams per tonne (“g/t”) gold, 1,825 g/t silver, and 0.43% copper (News Release Dec 8, 2025¹).
• One of the new IP targets was tested by diamond drilling during the 2026 program, with assays pending.

“The IP survey identified a large chargeability anomaly approximately two kilometres south of the skarn zone we had identified and drilled in 2025, and it is present on every principal line we have surveyed,” says Jim Coates, CEO of Yukon Metals. “The anomaly sits directly beneath the area where geochemistry, geology and magnetics had already directed our attention, and it was tested by drilling hole 12 this season. The IP data alongside completed surface geochemistry, geology and magnetic response provide multiple independent methods that help guide our efforts towards a potential system. We look forward to reporting additional data as we continue to evaluate and explore the Birch district.”

Southern Birch Target and IP Survey Results

Exploration at Birch initially focused on the near-surface skarn mineralization, which provided clear and accessible drill targets. As work progressed, geological mapping, geochemistry and geophysics have increasingly pointed to a broader intrusive-related mineralizing system extending beyond the known skarn.

Skarn mineralization commonly develops where hydrothermal fluids associated with intrusive systems react with favourable host rocks, particularly carbonate-rich units such as limestone and marble. As a result, skarn occurrences can provide an important vector toward the intrusive source of a mineralizing system, including porphyry-style or other intrusion-related systems. At Birch, the relationship between the known skarn mineralization and the broader intrusive footprint is therefore an important part of the evolving exploration model.

Approximately 2 kilometres south of the drilled skarn area, previous exploration identified a coincident combination of elevated molybdenum-in-soil geochemistry, anomalous gold-silver-copper surface samples, mapped intrusive rock and a magnetic high corresponding with a low potassium/thorium ratio zone in the radiometric data. Select rock samples collected in 2025 (News Release Dec 8, 2025) returned values of up to 16 g/t gold, 1,825 g/t silver and 0.43% copper from this broader southern target area.

The 2026 IP survey was designed to add subsurface information to this developing exploration model and to test for chargeable features beneath the intrusive target. A total of 12.7 line-kilometres of 2D IP surveying was completed at Birch across four principal north-south survey lines and an east-west tie line. The principal lines were spaced approximately 300 metres apart.

Induced polarization and electrical resistivity are measured together in the same survey by passing an electrical current through the ground and recording how the rock responds. Resistivity reflects how readily current flows through the rock, and can distinguish between rock types, alteration and structures; chargeability – the IP response – measures how briefly the ground holds an electrical charge after the current is switched off, a property that is generally elevated where disseminated sulphide minerals are present.

Granodiorite intrusions and marble/limestone act like electrical insulators that resist current flow and show up as high-resistivity bodies, while schist is lower resistivity. The sulfide-bearing zones, such as skarn with pyrrhotite and chalcopyrite, and porphyry potassic zones hold an electrical charge that creates chargeability anomalies. Because sulphides are commonly associated with the metals of interest in porphyry and skarn systems, chargeability anomalies are used to identify prospective zones for drilling.

Figure 1: 3D oblique view of IP survey looking southwest, showing the northern IP anomaly as warm colors closest to the reader.

Figure 2: Birch Project compilation map showing the known skarn mineralization and the southern Birch target, with drilling, surface sampling, molybdenum-in-soil geochemistry, geology, and 2026 IP survey coverage.

The 2D inversion sections identified chargeability responses across the survey grid. At the north end of the grid a chargeability anomaly is observed across multiple survey lines (Figure 2); this target was tested by one drill hole during the 2026 program, with results pending. In the southern portion of the grid, a separate chargeability anomaly is present to varying degrees on all four principal survey lines at approximately 400 metres below surface. An increased chargeability response is also observed on the east-west tie line, although at lower amplitude than on the principal lines.

Figure 3: Birch Project 2D chargeability inversion sections for IP Lines 1–4. Arrows highlight the northern chargeability anomaly across the four principal survey lines; a separate chargeability response is also observed in the southern portion of the grid.

The IP interpretation also notes that strong chargeability responses occur locally along the edge of resistive features. Aurora Geosciences Ltd. (“Aurora Geosciences”), which completed the Company’s Birch IP survey, noted that this relationship may warrant further investigation in a skarn-style geological setting where mineralization is commonly developed at the contact between intrusive rocks and reactive host rocks (Figure 3).

Together, the surface geochemistry, geology, magnetic response and new IP data provide multiple independent datasets for evaluating the broader mineralizing system south of the known skarn. One of the identified IP targets was tested during the 2026 drill program, with results pending (Figure 1).

Figure 4: Birch Project 2D chargeability and resistivity inversion sections for IP Line 1, illustrating the spatial relationship between the southern chargeability response and adjacent resistive features.

IP Survey Methodology

The Birch IP survey was completed by Aurora Geosciences in June 2026. The survey comprised 12.7 line-kilometres using an in-line proximal pole-dipole configuration. Four north-south principal lines were completed at approximately 300-metre spacing, together with an east-west tie line. Nominal dipole spacing was 100 metres, with nominal current injection spacing of 50 metres.

The survey utilized IRIS V-Fullwaver receivers and a GDD TX IV 5.0 kW IP transmitter. Data was collected in the time domain using a 0.125 Hz reversing-polarity waveform and 20 chargeability windows following a 40-millisecond delay.

The survey configuration was designed to provide investigation depths of up to approximately 1,200 metres on the principal lines and 750 metres on the tie line, although effective investigation depth varies depending on subsurface electrical properties and data quality. Data quality at Birch was generally good. Of approximately 3,300 measurements, about 3% of resistivity readings and 7% of chargeability readings were removed during quality-control processing due to poor decay curves, elevated error values or unreasonable results. Line 3 contained a higher proportion of rejected chargeability measurements than the other lines and has been interpreted with consideration of observations from neighbouring lines and the tie line.

Next Steps

Yukon Metals is continuing to integrate the Birch IP results with geological mapping, soil and rock geochemistry, magnetic data and drilling. Follow-up mapping and prospecting in August 2026 refined the southern intrusive contact and identified molybdenite and local copper-bearing mineralization within the granodiorite, with alteration and veining increasing slightly along its northern contact. Garnet-pyroxene skarn boulders were also identified near the intrusive contact, supporting continued evaluation of the area for skarn-style mineralization. Pending assay and hyperspectral results from this work will be incorporated with the geophysical data to refine priority areas for further mapping, sampling, IP and future drill targeting.

About the Birch Project

Birch is a 7,000-hectare copper-gold exploration property located in western Yukon, approximately 65 kilometres northeast of Burwash Landing. The 100%-owned, helicopter-accessed property represents an emerging copper-gold exploration opportunity within Yukon Metals’ broader Yukon portfolio, with multiple target areas identified across the Project. Exploration to date has outlined skarn-style copper-gold mineralization, while geological, geochemical, and geophysical work suggests the potential for additional epithermal and porphyry-style mineralized systems.

Building on the 2025 program, which included 1,685 metres of HQ diamond drilling in 6 holes and established a broad copper-gold skarn footprint at Birch, Yukon Metals’ 2026 exploration program included approximately 2,600 metres of additional diamond drilling, 12.7 line-kilometres of IP surveying, and follow-up geological mapping and rock sampling across priority target areas.

About Yukon Metals Corp.

The Yukon Metals portfolio was built on more than 30 years of prospecting by the Berdahl family, the prospecting team behind Snowline Gold Corp.’s portfolio. The portfolio consists primarily of copper-gold projects, with substantial exposure to tungsten. Additional portfolio assets include gold, silver and lead-zinc polymetallic properties.

The Company is well financed and led by an experienced Board of Directors and management team across technical and financial disciplines. Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon’s local communities, while simultaneously enhancing stakeholder value. The Company’s strategy centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, its ventures.

The Yukon

The Yukon Territory is an underexplored and minerally endowed district with a mining history dating back to the Klondike Gold Rush of 1898. With a progressive permitting regime, geopolitical stability and supportive government, it is well positioned to foster the next generation of mines. The Yukon is host to a highly experienced and conscientious local workforce, fostered by a long culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold Corp.’s Rogue Project – Valley Discovery, demonstrate the Yukon’s potential to generate fresh district-scale mining opportunities.

Qualified Person

The technical content of this news release has been reviewed and approved by Helena Kuikka, P.Geo., VP Exploration for Yukon Metals and a Qualified Person (as defined by National Instrument 43-101).

“ON BEHALF OF THE BOARD OF YUKON METALS CORP.

“Jim Coates”

Jim Coates, CEO
Email: jimcoates@yukonmetals.com

For additional information, please contact:
Lindsay Wilson
VP, Investor Relations & Communications
Email: lindsaywilson@yukonmetals.com 
Phone: 1 (778) 996-2192

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information, including information regarding the interpretation and geological significance of IP data, surface geochemistry, geology, magnetic responses and survey results at the Birch Project, the potential relationship between skarn occurrences and intrusive sources of a mineralizing system, the integration of data with geological, geochemical and drilling results, the potential to refine future exploration targets at Birch, and the Company’s future exploration plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “can”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential”, or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to Birch and other properties not being prospective copper-rich, gold-rich or silver-rich geological systems; rock samples analysed not being representative of overall mineralization; the Company’s ability to report additional data as it continues to evaluate and explore the Birch district; timing and receipt of outstanding assay and hyperspectral results from the Company’s 2026 exploration program; the required assumptions of completed surface geochemistry, geology and magnetic response surveys; the ability of chargeability anomalies to identify prospective drill zones and suggest additional epithermal and porphyry-style mineralized systems; the Yukon not having the potential to generate fresh district-scale mining opportunities; and other risks and uncertainties. See the section entitled “Risk Factors” in the Company’s listing statement dated May 30, 2024, available under the Company’s profile on SEDAR+ at www.sedarplus.ca for additional risk factors. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.

_______________________
¹ Grab samples are selective by nature and are not necessarily representative of the mineralization hosted on the property. Comprehensive grab samples can be found in the Company’s news release dated December 8, 2025.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/597a2632-36b7-4bb8-9a33-518908b28d99

https://www.globenewswire.com/NewsRoom/AttachmentNg/e826267c-4927-432c-8348-8f915b27778c

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Maiden drill program advancing at the historic Kuhn tungsten system, with drilling encountering broad skarn intervals

VANCOUVER, British Columbia, Sept. 15, 2026 (GLOBE NEWSWIRE) — GoldHaven Resources Corp. (“GoldHaven” or the “Company”) (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to provide an update on its ongoing maiden diamond drill program at the 100%-owned Magno Project, located in the Cassiar District of northern British Columbia.

• Over 800 metres drilled from the first drill pad at the historic Kuhn tungsten system, with drilling continuing across multiple planned drill fences.
• Initial drilling encountered an approximately 20-metre interval of skarn, where historical interpretation had mapped two separate narrower skarn bands.
• Historic drilling at Kuhn returned strong tungsten intercepts, including 13.0 m grading 0.55% WO₃ and 11.3 m grading 0.59% WO₃ + 0.10% MoS₂.*
• Historical work outlined approximately 616,500 tonnes grading 0.48% WO₃ across four modeled lenses at the Kuhn–Dead Goat system.*
• Current drilling is targeting the geometry and continuity of the tungsten-bearing skarn, while testing potential extensions beyond historically drilled areas.

Historical results and estimates pre-date NI 43-101 and are subject to the applicable cautionary language provided in this release.

Diamond drilling commenced in late August at the historic Kuhn tungsten skarn system, with over 800 metres of drilling completed to date in four (4) drill holes from the first drill pad (Pad A). The initial phase of drilling is designed to test the geometry, continuity and potential extensions of the historically identified tungsten-bearing skarn mineralization while providing the first modern drill data.

Drilling in the first three drill holes has encountered broad intervals of skarn alteration and sulphide mineralization within the top 100m, including an approximately 20-metre interval of skarn in the second drill hole. This interval is particularly notable because the historical geological interpretation at this site was mapped as two separate skarn bands, whereas initial observations from the current drilling suggest the possibility of a broader, more continuous skarn package. The fourth drill hole (GOH26-04) has confirmed a never before explored down-dip extension of the skarn unit.

Visually, the geology encountered in the first drill holes appears to match the lithological descriptions described in the historical drill logs and reports. Further, analysis with a portable XRF indicates the presence of tungsten within the skarn intersections.

Rob Birmingham, CEO of GoldHaven, commented:

“The first phase of drilling at Magno is doing exactly what we wanted it to do – giving us a modern look at a historically important tungsten system that has seen very limited exploration for decades. We are encouraged by the scale of the skarn alteration encountered in the early holes, particularly where drilling appears to show a broader package than suggested by the historical interpretation. With drilling continuing, our priority is to systematically test Kuhn and build the geological framework needed to determine the scale and continuity of the system.”

Kuhn Drilling Update

The current drilling is focused on systematically testing the historic Kuhn tungsten system through a series of drill fences designed to provide greater geological control across the mineralized trend.

The four initial drill holes from Pad A are designed to test the system at greater depth and evaluate potential extensions. Following completion of the first pad, the drill is planned to advance to a second drill pad along strike where approximately three to four additional holes are planned.

The Company’s objective during this phase is to establish multiple modern drill sections across Kuhn, providing significantly improved information on the geometry, thickness and continuity of the skarn system and allowing direct comparison with historical drilling.

Drilling remains ongoing at Kuhn, with results from the current program being integrated with historical drilling, surface geology and modern geophysical data to guide subsequent drill targeting. Results from the current program, together with historical drilling, surface geology and modern geophysical data, will be used to determine whether additional drilling is warranted at Kuhn before the program advances to other priority targets within the Magno property.

Historic Kuhn Tungsten System

The Kuhn–Dead Goat area hosts a series of historically defined tungsten-bearing skarn lenses. Historical work outlined an estimate of approximately 616,500 tonnes grading 0.48% WO₃ across four modeled lenses.

Historical drilling at Kuhn included reported intersections of:

• 13.0 metres grading 0.55% WO₃
• 11.3 metres grading 0.59% WO₃ and 0.10% MoS₂
• 4.0 metres grading 1.32% WO₃ and 0.26% MoS₂

The historical estimate and drill results pre-date NI 43-101 and should not be considered a current mineral resource or mineral reserve. A Qualified Person has not completed sufficient work to

classify the historical estimate as a current mineral resource, and GoldHaven is not treating the historical estimate as a current mineral resource.

The current program represents an important step toward establishing modern geological and analytical data across the Kuhn system and evaluating the continuity and potential extensions of the historically identified tungsten mineralization.

Figure 1. Kuhn Tungsten Skarn Target – Historical Cross Section and 2026 Drill Testing. Historical geological interpretation of the Kuhn tungsten-skarn system showing historical drilling and mineralized skarn lenses, together with GoldHaven’s four 2026 drill holes from Pad A.

Figure 2. Representative drill core from GOH26-01 at the Kuhn tungsten target, showing skarn alteration, quartz veining and sulphide mineralization. Assays are pending.

Broader Magno Drill Program

Kuhn represents the first phase of a broader drill campaign across the district-scale 37,000+ hectare Magno Project.

Following the initial Kuhn program, GoldHaven intends to evaluate additional high-priority drill targets, including the D Zone and broader Magno target area, where historical exploration and recent surface work have identified significant silver, lead, zinc, gold and copper mineralization.

Drill targeting across Magno is being supported by the integration of historical drilling and underground workings, surface mapping and geochemistry, and GoldHaven’s recently completed 2,320.7 line-kilometre airborne magnetic and QMAGT survey. The Company continues to integrate these datasets as drilling progresses and new geological information becomes available.

The 2026 program is being completed by Northtech Drilling and represents the first modern, systematic drill campaign undertaken by GoldHaven at Magno.

Figure 3. Diamond drilling underway at the Kuhn tungsten target, Magno Project, northern British Columbia.

Next Steps

Drilling remains ongoing at Kuhn, with the immediate program focused on completing the planned drill fences and evaluating the continuity of the skarn system. Core is being logged, sampled and submitted for laboratory analysis, with assay results to be released as they are received, reviewed and verified.

The Company will use the geological observations and analytical results from the initial Kuhn drilling to refine subsequent drill targeting both at Kuhn and across the broader Magno Project.

Qualified Person:

The technical and scientific information contained in this news release has been reviewed and approved by Raymond Wladichuk P.Geo. who is a non-independent Qualified Person as defined under NI 43-101 and a consultant of the Company.

About GoldHaven Resources Corp.

GoldHaven Resources Corp. is a Canadian junior exploration company focused on advancing highly prospective mineral projects in North and South America. The Company’s flagship asset is the district-scale Magno Project in the Cassiar District of northern British Columbia. GoldHaven also owns the Three Guardsmen copper-gold project in British Columbia and the Copeçal Gold Project in Mato Grosso, Brazil. In addition, the Company holds a portfolio of critical mineral projects in Brazil.

On Behalf of the Board of Directors

Rob Birmingham, Chief Executive Officer

For further information, please contact:
Rob Birmingham, CEO
www.GoldHavenresources.com
info@goldhavenresources.com
Office Direct: (604) 629-8254

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

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, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, those listed below under the heading “Forward-Looking Statements in This News Release” 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. Forward-looking statements are typically identified by words such as: “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “potential”, “scheduled”, or variations of such words and phrases and similar expressions, which, by their nature, refer to future 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 there will be investor interest in future financings, market fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration and development of any future projects in a timely manner, the availability of financing on suitable terms for exploration and development of future projects and the Company’s ability to comply with environmental, health and safety laws.

The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the inability of the Company to enter into definitive agreements in respect of possible Letters of Intent, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including by the Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company’s latest interim Management’s Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company’s Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials.

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

Forward-Looking Statements in This News Release

The following statements in this news release constitute forward-looking information:

• the Company’s plans to complete the planned drill fences at the Kuhn tungsten system and to advance the drill program to a second drill pad along strike, where approximately three to four additional holes are planned;
• GoldHaven’s intention, following completion of the initial Kuhn program, to evaluate additional high-priority drill targets across the Magno Project, including the D Zone and broader Magno target area;
• expectations regarding the timing of release of assay results from the current drill program as they are received, reviewed and verified;
• the Company’s plans to use geological observations and analytical results from the initial Kuhn drilling to refine subsequent drill targeting both at Kuhn and across the broader Magno Project, and to determine whether additional drilling is warranted at Kuhn before the program advances to other priority targets; and
• the potential for extensions of the tungsten-bearing skarn mineralization at Kuhn beyond the areas that have been historically drilled.

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/3fb0527e-0f63-4453-9191-cf8119c06d27

https://www.globenewswire.com/NewsRoom/AttachmentNg/a8b215d2-4fad-444d-8790-b5a6c558c329

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TORONTO, Sept. 15, 2026 (GLOBE NEWSWIRE) — Satellos Bioscience Inc. (NASDAQ: MSLE, TSX: MSCL), a clinical-stage drug development company developing life-improving medicines to treat degenerative muscle diseases, today announced four poster presentations at the 31st Annual Congress of the World Muscle Society (WMS). The Congress will take place in Hiroshima, Japan, from Sept. 29 to Oct. 3, 2026.

Details of the scientific posters at WMS:

Date & Time: Wednesday, Sept. 30, 5:15-6:15 p.m. JST

Poster 2.74P: BASECAMP: A Phase 2a Dose Comparison and Exploratory Efficacy Study of Forazapadin (SAT-3247) in Ambulatory Boys with Duchenne Muscular Dystrophy
Presenter: Anne M. Connolly, MD, Chief of the Division of Neurology at Nationwide Children’s Hospital

Poster 2.75P: TRAILHEAD: An Open-Label Study Evaluating Long-Term Safety and Efficacy of Forazapadin (SAT-3247) in Adults with Duchenne Muscular Dystrophy (DMD)
Presenter: Anne M. Connolly, MD, Chief of the Division of Neurology at Nationwide Children’s Hospital

Poster 2.68eP: Preclinical to human translation of regenerative index: quantification of progressive muscle degeneration and disease-modifying treatment response
Presenter: Ryan Mitchell, PhD, Satellos Senior Vice President, Head of Corporate Development

Date & Time: Wednesday, Sept. 30, 5:15-6:15 p.m. JST

Poster 3.31eP: Rationale and design of a safety, tolerability, and long-term efficacy study of Forazapadin (SAT-3247) in facioscapulohumeral muscular dystrophy (FSHD)
Presenter: Wildon Farwell, MD, Satellos Chief Medical Officer

The Satellos posters will be available in the Presentations and Publications section of the Satellos website.

ABOUT FORAZAPADIN
Forazapadin is a proprietary, oral, small molecule drug candidate being developed by Satellos as a novel approach to regenerating skeletal muscle lost in Duchenne muscular dystrophy (DMD) and other degenerative muscle diseases or injury conditions. Forazapadin targets AAK1, a key protein identified by Satellos as capable of helping restore the body’s natural muscle repair and regeneration biology, a fundamental process that is disrupted in DMD and other degenerative conditions. By inhibiting AAK1 forazapadin treatment aims to re-establish a biochemical signal needed to support muscle regeneration. Satellos is advancing forazapadin as a potential treatment for DMD that is independent of dystrophin and applicable regardless of exon mutation status as either a stand-alone or adjunctive therapy, with ongoing Phase 2 clinical studies including BASECAMP, a global, randomized, placebo-controlled study in pediatric participants, and TRAILHEAD, an open-label study in adult participants.

The Company previously referred to the program as SAT-3247 and expects to transition to broader use of the INN in future scientific, regulatory and corporate communications

ABOUT SATELLOS BIOSCIENCE INC.
Satellos is a clinical-stage drug development company focused on restoring natural muscle repair and regeneration in degenerative muscle diseases. Through its research, Satellos has developed forazapadin, an orally administered small molecule AAK1 inhibitor designed to address deficits in muscle repair and regeneration. Forazapadin is being evaluated as a potential disease-modifying treatment, initially for Duchenne muscular dystrophy (DMD), in two Phase 2 clinical trials: BASECAMP in pediatric participants with DMD and TRAILHEAD in adults living with DMD. Satellos plans to submit an Investigational New Drug application and begin clinical research to investigate the use of forazapadin in individuals living with facioscapulohumeral muscular dystrophy (FSHD) in the second half of 2026 and has identified additional muscle diseases and injury conditions where restoring muscle repair and regeneration may have therapeutic benefit and plans to pursue these opportunities in future clinical development. For more information, visit www.satellos.com and connect with Satellos on X, LinkedIn, Facebook and Instagram.

NOTICE ON FORWARD-LOOKING STATEMENTS
This press release includes forward-looking information or forward-looking statements within the meaning of applicable securities laws regarding Satellos and its business, which may include, but are not limited to, statements regarding the possibility of pursuing regulatory approval for SAT-3247, the potential for SAT-3247 to represent a disease modifying approach to the therapeutic treatment of people living with DMD; anticipated benefits to patients from a small molecule treatment for DMD; the enrollment in, advancement and timing of results of SAT-3247 through clinical trials, including the BASECAMP and TRAILHEAD clinical trials; the pharmacodynamic properties and mechanism-of-action of SAT-3247; the potential of our approach in other degenerative muscle diseases and Satellos’ plans to pursue additional muscle diseases and injury conditions in future clinical development; SAT-3247’s prospective impact on DMD patients, patients with other degenerative muscle disease or muscle injury or trauma, and on muscle regeneration generally, including whether results observed in the TRAILHEAD study will continue to mature or will translate to the pediatric population studied in BASECAMP; the anticipated timing for an Investigational New Drug submission to the U.S. Food and Drug Administration for SAT-3247 for evaluation in facioscapulohumeral muscular dystrophy and the anticipated timing for the launch of a related Phase 2 clinical trial; Satellos’ technologies and drug development plans; and the company’s expectations regarding the sufficiency of its cash, cash equivalents and short-term investments to fund operations, including its expectation that its current cash resources will provide a runway through 2027. All statements that are, or information which is, not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, occurrences or developments, are “forward-looking information or statements.” Often, but not always, forward-looking information or statements can be identified by the use of words such as “shall”, “intends”, “believe”, “plan”, “expect”, “intend”, “estimate”, “anticipate”, “potential”, “prospective”, “assert” or any variations (including negative or plural variations) of such words and phrases, or state that certain actions, events or results “may”, “might”, “can”, “could”, “would” or “will” be taken, occur, lead to, result in, or, be achieved. Such statements are based on the current expectations and views of future events of the management of the Company. These statements are based on assumptions and subject to risks and uncertainties. In making forward looking statements, the Company has relied on various assumptions, including but not limited to: its ability to obtain future funding on favorable terms, if at all; obtaining positive results in its clinical trials, its ability to obtain necessary regulatory approvals; its ability to arrange for the manufacturing of its product candidates and technologies; and general business, market and economic conditions. Although management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including, without limitation, risks relating to the pharmaceutical and bioscience industry (including the risks associated with preclinical and clinical trials and regulatory approvals), the research and development of therapeutics, the results of preclinical and clinical trials, general market conditions and equity markets, economic factors and management’s ability to manage and to operate the business of the Company generally, including inflation and the costs of operating a biopharma business, and those risks and uncertainties described in more detail in the “Risk Factors” section of Satellos’ Annual Information Form dated March 27, 2026, and amended and restated short form base shelf prospectus dated August 11, 2026 (each of which is located on Satellos’ SEDAR+ profile) and incorporated by reference in Satellos’ Form F-10 filed with the Securities and Exchange Commission on August 11, 2026, and in Satellos’ public filings on EDGAR (sec.gov) and SEDAR+ (sedarplus.ca). Although Satellos has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Satellos does not undertake any obligation to publicly update or revise any forward-looking statement, whether resulting from new information, future events, or otherwise.

CONTACTS
Investors: Caitlin Lowie, Vice President, Investor Relations & Communications, ir@satellos.com
Media: Emily Williams, Senior Director, Communications, media@satellos.com

Highlights:

• Two drill rigs mobilized for the inaugural drilling campaign at the newly discovered Nguni Prospect, a high-grade gold-in-soil anomaly with a strike length in excess of 6km.
• One diamond drill rig will focus on the highest-grade portions of the soil anomaly with an initial drill plan comprising 18 holes for 3,500m.
• A second reverse circulation drill rig will focus on testing the strike extension of the soil anomaly with 13 holes planned for 1,500m.

• A step-out diamond drill program comprising 5 holes for 1,000m has been finalised to test the eastern extension of the Manga Gold Prospect, a promising gold-in-soil and gold-in-bedrock anomaly located 17km west of Nguni.

VANCOUVER, British Columbia, Sept. 15, 2026 (GLOBE NEWSWIRE) — Ongwe Minerals Inc. (TSXV: OGW) (NSX:ONG) (“Ongwe” or “the Company”) is pleased to announce the commencement of drilling at its newly discovered Nguni gold prospect, situated 17 km east of the Manga Gold discovery, at the Omatjete Gold Project.

Nguni is a large, high-grade, gold-in-soil anomaly discovered by Ongwe in May 2026 during a regional soil sampling program. The sampling program targeted the regionally significant Okondeka Fault Zone (OFZ), which hosts both WIA Gold’s Kokoseb Gold Deposit and Ongwe’s Manga Gold Discovery – see Figure 1. Situated 55 km east of Kokoseb and 17 km east of Manga, Nguni is being rapidly advanced through detailed surface work and drilling, with the aim of converting the target into a large-scale economic discovery.

Dave Underwood, Ongwe’s CEO commented: “The central portion of the Nguni gold anomaly has now been closely defined by infill soil sampling, with 50 soil samples above 300ppb Au, peaking at 1,310ppb Au. This represents a 6km long, high-grade soil anomaly similar in scale and tenor to the anomaly at the neighbouring Kokoseb gold deposit, before it was drilled. We are now embarking on the maiden, fully funded drill program at this exciting target. A diamond drill rig has been mobilized to test the highest-grade portion of the anomaly so that we can collect detailed geological, structural and mineralogical information upfront, in order to better guide the follow-on drill program. The lower grade (central) portions of the anomaly will be scout drilled using an RC rig, which provides a quick and relatively cheap method of establishing grade potential and allows for ranking of targets.

We are also planning a diamond step-out drill program at Manga over the highest grade and width portion of the bedrock anomaly defined earlier in the year. The priority bedrock anomaly starts east of the previous RC drilling at Manga, stretches for at least a 1000m and is still open to the east”.

Figure 1: Regional map illustrating the Nguni Gold Anomaly in relation to the Manga Gold Discovery and the initial soil sampling results at the Kokoseb Gold Deposit (54.2Mt at 1.04 g/t Indicated, 35Mt at 0.99 g/t Inferred, released 16 July 2026, ASX, WIA Gold). The image highlights the primary structural control of the Okondeka Fault Zone and the scale of initial gold-in-soil results across the three discoveries.

Nguni Prospect

The Nguni gold anomaly was discovered by Ongwe during regional soil sampling along the Okondeka Fault System in May 2026. The initial regional sampling was carried out on a 200 x 200m square grid and later infilled to 50 x 50m spacing over the anomalous areas. The Nguni area is flat lying and there is very little outcrop visible. The gold anomaly lies along narrow zones of metasediments between late to post orogenic granites and appears to be in-situ within residual soils.

The Nguni anomaly extends over 6 km of strike and includes targets with varying orientations, width and intensity. A two-pronged drill program has been planned as follows:

• A diamond drill program of approximately 18 holes for 3,500m initially, starting in the northwest corner of the anomaly and covering the higher-grade soils in the northwestern and southeastern portions.

• A scout drill program of approximately 1,500m using an RC rig. This program is aimed at first pass testing of the lower priority targets to establish economic potential and priority.
• Either or both programs will be expanded or modified as indicated by the logging and assay results.

Geological mapping of the limited outcrop indicates that the targeted metasedimentary units predominantly dip toward the south-southeast and the initial holes will therefore be drilled toward the north, except for one RC line positioned on the nose of the fold closure. Detailed logging of the initial core will be used to refine the drill parameters. See Figure 2.

Figure 2: Heat Map showing Nguni soil sample results with the planned DD and RC drill collars plotted.

Figure 3: RC drilling underway at the Nguni gold anomaly.

Manga Prospect

The Manga prospect was discovered during the initial regional Omatjete soil sampling program carried out in Q4 2024. The 200 x 200m regional soil grid outlined an arsenic and gold anomaly approximately 4.5km long and 1km wide at the widest point. Infill sampling to 100 x 25m tightened up the surface anomaly and provided follow-up targets. The soil sampling was followed up with two trenches and eleven RC scout holes. Ten of the eleven RC holes returned anomalous gold values, several with wide low-grade intercepts including 138m @ 0.22g/t Au in hole MRC006. As the Manga area is covered by calcrete and alluvial sediment cover, a decision was taken in early 2026 to drill vertical holes through the calcrete cover and sample the top of bedrock beneath. This exploration technique was pioneered by Osino Resources at Twin Hills and has proved effective in defining mineralised footprints in hard rock below calcrete cover. The results from this program indicate that the Manga prospect becomes wider and higher grade towards the east and it is now clear that the calcrete cover gets thicker towards the east, masking the gold mineralization in the bedrock beneath.

Manga Drilling

A diamond drilling program of 5 holes for 1,000 m is planned for the Manga east extension, with an average planned depth of 200 m. The initial holes will be oriented and drilled toward the northwest, but drill parameters may be modified by the detailed logging.

The Company also plans to undertake a calcrete sampling program to trace gold mineralization beneath the calcrete cover east of the current bedrock sampling extent. If the calcrete results confirm that the mineralized trend continues, the Company will use follow-up bedrock sampling to refine the target before testing it with diamond drilling.

Figure 4: Heat map showing the bedrock assay results improving east of the 2024 RC drill collars. Black triangles indicate the planned DD drill collars to be drilled in Q4 2026.

Assay Method

During the soil sampling programs, the Company initially utilized the detectORE™ analytical technique, designed to enable the measurement of trace gold concentrations in geological samples using a portable X-Ray Fluorescence (pXRF) instrument. This process overcomes the traditional limitations of gold analysis by pXRF including low gold concentrations and metal peak interference. The method involves leaching 250g of sieved material in a sealed pouch with 500ml of GLIX-20™ lixiviant and a Collector Device (CD). Following a 16-hour tumble in a Maxi Mixer barrel to dissolve the gold, the CD is removed, rinsed, and analyzed for 150 seconds using detectORE™ mode firmware. This partial analysis technique is managed through pLIMS™ software with strict QA/QC protocols to identify relative gold anomalism. An extensive orientation program was carried out before putting the detectORE™ methodology into production by comparing soil, calcrete and rock chip sample assays with Aqua Regia and FireICP. The detectORE™ system performed extremely well and identified the same anomalies as the laboratory techniques in all conditions. The detectORE™ gold technique is designed for rapid on-site assessment and is not used for the formal quantification of gold content or the estimation of Mineral Resources.

As part of the current exploration program, all soil samples undergo initial multi-element analysis utilizing the Company’s in-house pXRF. All trace element anomalies, including base metal and arsenic anomalies are then analyzed through the Company’s detectORE™ system. Any area returning a value equal to or greater than 10 detectable Units (dU) are prioritized for follow-up soil sampling. All follow-up soil samples are analyzed via Fire Assay at the MSALAB facility in Omaruru, Namibia. The fire assay procedure starts by drying the <212u and +-250g soil sample. The sample is then pulverized to 85% passing 75 microns, from which a final 50g aliquot is taken for fire assay with an Atomic Absorption (AA) finish.

QA/QC

All of Ongwe’s sample assay results have been independently monitored through a quality assurance and quality control (“QA/QC”) program including the insertion of blind standards, blanks, and field duplicate samples. The Company maintains rigorous monitoring for both in-house and laboratory analyses to ensure data reliability. For the detectORE™ process, which provides rapid on-site assessment of gold anomalism, a Certified Reference Material (CRM) sample is inserted every 15 samples to monitor the performance of the pXRF instrument and the leaching efficiency. For the formal fire assay verification conducted at MSALABS, a CRM is inserted every 30 samples. This laboratory procedure involves precise pulverization and a 50g fire assay with an Atomic Absorption (AA) finish to provide formal quantification for prioritized bedrock samples.

Data Verification

Carl Joone, BSc. (Hons), the President and Co-Founder of Ongwe Minerals Inc., and a Qualified Person for the purposes of National Instrument 43-101, has verified all the data disclosed, including a review of the sampling procedures, chain of custody, and assay results underlying the disclosure, by plotting and verifying against raw data received. Mr. Joone noted no errors or omissions during the data verification process.

Qualified Person

Carl Joone, BSc. (Hons) is the President and Co-Founder of Ongwe Minerals Inc. and is a registered Professional Natural Scientist with the South African Council for Natural Scientific Professions (Pr. Sci. Nat. No. 172695) and a Qualified Person for the purposes of National Instrument 43-101. Mr. Joone has reviewed and approved the scientific and technical information in this news release.

About Ongwe Minerals Inc.

Ongwe Minerals Inc. is a Canadian listed gold exploration company focused on the discovery and advancement of new gold systems in Namibia. The Ongwe team, previously with Osino Resources (sold to Shanjin International), has a history of making and advancing gold discoveries in Namibia, including Osino’s Twin Hills (currently in construction) and Eureka deposits, and the advancement and sale of Auryx Gold’s Otjikoto gold deposit (in production, sold to B2Gold).

The Company’s current focus is on three promising gold projects in the emerging Northwest Damara gold belt in Namibia, with a focus on the Omatjete and Khorixas Gold Projects.

The Omatjete Gold Project is strategically located along the regional Okondeka Fault Zone, which also hosts the Kokoseb gold deposit (WIA Gold). Early surface work by Ongwe led to the discovery of the Manga Gold Prospect which has a 4.5km x 1km footprint of gold in soil and early scout drilling indicating gold in bedrock. Recent regional sampling in 2026 has led to the discovery of the large scale, high tenor Nguni anomaly 17km east of Manga. Nguni currently has a strike length of 6km and is open to the west, north and east. The Omatjete Project still has significant growth potential and work is ongoing to define further anomalies along the Okondeka Fault system.

The Khorixas Gold Project is situated just 60km west of Osino’s Eureka gold project, adjacent to the northern margin of the Damara Orogenic Belt. Khorixas hosts two large-scale surface discoveries called Belmont and K17. The Belmont prospect has a surface gold footprint of approximately 12 × 6km and lies between the regional scale, basin margin, Khorixas Fault and the Belmont Thrust Zone. Calcrete and grab sampling to date have indicated eighteen target areas.

ON BEHALF OF THE BOARD OF DIRECTORS
“Dave Underwood”
Chief Executive Officer

CONTACT INFORMATION
Ongwe Minerals Inc. Dave Underwood, Chief Executive Officer Email: dave@ongweminerals.com	Ongwe Minerals Inc. Carl Joone, President & Co-Founder Email: carl@ongweminerals.com

Neither the 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 press release.

Cautionary Statements Regarding Forward Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company’s future plans or prospects of the Company, including prospects for discovery of mineral resources or the results of future exploration programs. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management’s discussion and analysis which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/5d720019-9e19-4bd3-ae78-44f04ee73de8

https://www.globenewswire.com/NewsRoom/AttachmentNg/b790238b-3b4e-42d3-bfca-2c1cb71bf0e1

https://www.globenewswire.com/NewsRoom/AttachmentNg/0c1d1e05-8c32-41c0-9131-3ad41ee69e0e

https://www.globenewswire.com/NewsRoom/AttachmentNg/1a58afc3-1d07-40e2-9829-862e7223d1f1

Limited-Edition Release Continues Distillery’s Celebration of the Art of Blending Through Whiskey, Visual Art and Community

BRECKENRIDGE, Colo., Sept. 15, 2026 (GLOBE NEWSWIRE) — Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S. and part of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), is turning whiskey into a canvas with the sixth edition of its acclaimed Collectors Art Series. This year’s limited-edition release pairs Breckenridge’s award-winning whiskey-making with the bold, colorful vision of Colorado muralist, professional snowboarder and creative Pat Milbery, whose original label design celebrates the mountain spirit, community and craftsmanship that define Breckenridge.

For this year’s collaboration, the creative partnership comes to life with a new mural by Milbery at Tony P’s Bar & Pizzeria, located at 3000 Zuni St, Denver, CO 80211. The mural brings his signature style and the spirit of the Collectors Art Series into the local community, further reflecting the Distillery’s commitment to supporting artists and creative spaces. Each collaboration transforms a limited-edition whiskey release into a collectible work of art while supporting the creative community through charitable giving.

For Milbery, the collaboration is deeply personal. After moving to Breckenridge to pursue professional snowboarding, the mountain town became the backdrop for many of life’s defining moments, from launching his snowboarding career to discovering his artistic voice. Today, his signature murals can be found across four continents, where bold geometric forms, vibrant color palettes and nature-inspired imagery encourage connection, optimism and open-hearted living.

Inspired by the landscapes, friendships and unforgettable moments that shaped his journey, Milbery’s artwork captures the joyful spirit of Breckenridge through colorful mountain vistas, evergreen forests, radiant sunsets and symbolic elements that honor both community and loved ones who continue to inspire his work. The design also reflects the craft behind whiskey, drawing a parallel between the thoughtful blending of barrels, flavors and character that goes into each expression and Milbery’s own process of bringing together color, movement, memories and emotion to create a singular work of art.

“Everything about Breckenridge inspired the artwork. The friendships. The sunsets. The powder days. The evergreen forests. The crisp mountain mornings. The incredible community,” said Milbery. “The artwork also honors important people in my life, including loved ones who are no longer physically with us but continue to inspire me every day. I wanted the design to represent joyful energy, gratitude, community and the colorful journey that Breckenridge has been in my life.”

Milbery’s artwork will appear on the Breckenridge Barbados Cask Finish Whiskey, bottled at 90 proof and 45% ABV. The limited-edition expression showcases Breckenridge Distillery’s dedication to the art and craft of whiskey, bringing together carefully selected whiskey and the influence of Barbados cask finishing to create a distinctive expression. Just as Milbery thoughtfully layers color, texture and movement to create his artwork, Breckenridge’s whiskey-making process brings together distinct elements, from spirit and barrel to time and finishing, to create a finished whiskey with its own character and story.

Since its inception, the Collectors Art Series has become one of Breckenridge Distillery’s signature annual releases, highlighting acclaimed artists while reinforcing the Distillery’s longstanding support of the arts. Previous collaborators include Miles Toland, Abby Wren and Alexandrea Pangburn, each bringing a unique perspective to the series while helping raise funds for organizations that champion artists and creative spaces.

Breckenridge Collectors Art Series releases have earned numerous accolades, including 2023 Best Blended LTD Release and 2020 Icons of Whisky’s Campaign Innovator of the Year at the World Whiskies Awards, along with Gold and Double Gold medals at the San Francisco World Spirits Competition.

Breckenridge Collectors Art Series 6 will be available beginning September 15, 2026, exclusively at Breckenridge Distillery and the Main Street Tasting Room in Breckenridge, Colorado, for $125.

For more information about Breckenridge Distillery, visit breckenridgedistillery.com. Follow Breckenridge on Instagram @breckdistillery and become a fan at facebook.com/BreckDistillery. Age 21+. Always enjoy responsibly.

To learn more about Pat Milbery and view his work, visit Heart Space Studios at heartspacestudios.art, patmilbery.com and Sognar Creative Division at sognarcreativedivision.com, and follow @patmilbery on Instagram.

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 Breckenridge Distillery

Founded in Colorado in 2008, Breckenridge Distillery is the “World’s Highest Distillery,” and is best known for its award-winning blended bourbon whiskey, a high-rye mash American-style whiskey.

One of the most highly awarded distilleries in the U.S., the Breckenridge Distillery is proudly a 3x Icons of Whisky and 10x winner of Best American Blended winner at the World Whiskies Awards by Whisky Magazine and a 4x winner of Colorado Distillery of the Year by the New York International Spirits Competition. Most recently, Breckenridge Port Cask Finish was named World’s Best Finished Bourbon at the 2024 World Whiskies Awards, joining Breckenridge High Proof, named World’s Best Blended Whiskey and Breckenridge Gin, named World’s Best Compound Gin at the World Gin Awards by Gin Magazine. Breckenridge spirits have been awarded 6 Double Golds at the San Francisco World Spirits Competition.

The Breckenridge Distillery is more than award-winning spirits, offering an immersive guest experience. Named as one of the country’s Top Visitor Attractions by Whisky Magazine, guests can dine at their award-winning restaurant, enjoy show-stopping cocktails, learn about their highly awarded spirits with an in-depth tasting, and get an inside look at their active production facility. New to the distillery, guests have the opportunity to blend their own whiskey as they learn the inner workings of whiskey production.

Breckenridge Distillery is a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.

To learn more about Breckenridge Distillery, visit www.breckenridgedistillery.com. Keep up with Breckenridge Distillery on Instagram by following @breckdistillery and become a fan at facebook.com/BreckDistillery. 

For more information about Tilray Brands, visit www.tilray.com and follow @tilray on Instagram, Twitter, Facebook, and LinkedIn.

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 laws.

For further information, please contact

Media: news@tilray.com
Investors: investors@tilray.com
Breckenridge Distillery: jessie.unruh@breckenridgedistillery.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/c5107390-6a4e-49c9-a6a6-5f845427c134

https://www.globenewswire.com/NewsRoom/AttachmentNg/209f298a-228f-4040-bd31-cf0762d63ba8

Agreement geared towards potential orders of up to 1 tonne of titanium powder per month

MONTREAL, Sept. 15, 2026 (GLOBE NEWSWIRE) — PyroGenesis Inc. (“PyroGenesis” or the “Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, today announces its first contract toward a new titanium powder supply agreement with a U.S.-based materials distributor (the “Client”). The powder for this order has been produced by PyroGenesis’ NexGen™ plasma atomization process and is to be shipped this week. The Client’s identity and contract details will remain confidential for competitive reasons.

As disclosed in the Outlook section of the Company’s Q2 2026 earnings release, dated August 6, 2026, the Company has been in discussion with several companies regarding titanium powder orders, including a US-based materials distributor for a monthly supply agreement of up to 500 kg. Today’s contract represents the first commercial order arising from those discussions. The Client has since indicated that its potential monthly requirements could reach 1,000 kg (1 tonne); however, no commitment for recurring orders at that volume has been made.

The order is for Ti64 “fine” cut powder, with a particle size range of 20-80µm (microns). This powder is typically used in laser powder bed fusion (LPBF), an additive manufacturing technology widely used to produce complex, high-density components for aerospace, healthcare, and automotive industries. The Client supplies U.S. customers in the aerospace, defense, energy, and broader advanced manufacturing sectors.

“The contract announced today directly supports the strategic goals outlined in our April 29, 2026, press release: positioning the Additive Manufacturing Division for its next level of growth, with operations anticipated to be several times larger than those currently in place,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “This relationship with a well-connected materials distributor serving both the aerospace and defense sectors will help us expand our customer base in these two key industries that we have identified as central to achieving those strategic goals.”

PyroGenesis’ Technology Development for Additive Manufacturing

PyroGenesis is the inventor of the plasma atomization process and in fact coined the term “plasma atomization” in its original patent. Plasma atomization is often considered the gold standard process for the production of metal powder for additive manufacturing, also referred to as metal 3D printing.

After years of R&D, PyroGenesis redesigned its plasma atomization technology and launched NexGen™ to re-enter the powder production market by targeting higher quality and yields, at lower operating costs. The Company has since taken a deliberate approach to commercialization, progressing from gram-scale customer samples to 100-kg orders, and its first tonne-scale order in May 2023.

PyroGenesis produces titanium powders in particle size distribution ranges across three “cuts”:

• Fine Cut, in particle sizes between 15–63 µm for use in laser powder bed fusion (LPBF).
• Coarse Cut, in particle sizes between 45–106 µm for use in electron beam melting (EBM) and 45–150 µm in directed energy deposition (DED).
• Off-Cuts, in particle sizes not currently used by the existing range of commercial printers, but which offers a high-quality feedstock for use in the production of high-quality metal alloys.

Image: PyroGenesis’ titanium metal powder as produced by its NexGen™ plasma atomization system.

INDUSTRY AND MARKET CONTEXT

• The global 3D printing market specific to titanium powder is expected to increase from $214 million in 2023 to $1.4 billion by 2032.¹
• Titanium is classified as a critical mineral by both Canada² and the U.S.³
• Titanium is used by multiple industries, including space, aerospace, defense, consumer electronics, medical, hydrogen, and electric vehicles, due to its high strength-to-weight ratio and corrosion resistance.

About PyroGenesis Inc.

PyroGenesis leverages 35 years of plasma technology leadership to deliver advanced engineering solutions to energy, propulsion, destruction, process heating, emissions, and materials development challenges across heavy industry and defense. Its customers include global leaders in aluminum, aerospace, steel, iron ore, utilities, environmental services, military, and government. From its Montreal headquarters and local manufacturing facilities, PyroGenesis’ engineers, scientists, and technicians drive innovation and commercialization of energy transition and ultra-high temperature technology. PyroGenesis’ operations are ISO 9001:2015 and AS9100D certified, with ISO certification maintained since 1997. PyroGenesis’ shares trade on the TSX (PYR), OTCQX (PYRGF), and Frankfurt (8PY1) stock exchanges.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under “Risk Factors” in PyroGenesis’ latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis’ profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws. Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.

For further information contact ir@pyrogenesis.com or visit http://www.pyrogenesis.com

^{_____________________
1} https://3dprint.com/313549/titanium-3d-printing-powders-to-reach-1-4b-by-2032/

² https://www.canada.ca/en/campaign/critical-minerals-in-canada/critical-minerals-an-opportunity-for-canada.html

³ https://public-inspection.federalregister.gov/2025-16311.pdf

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5b8b5bea-6909-44b7-ac08-2664cd5c55ab

VANCOUVER, British Columbia, Sept. 15, 2026 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) announces that it has received an unsolicited offer from an arm’s length third party for a proposed transaction for the sale of substantially all of the assets of CLC. The proposed transaction involves a different potential buyer and is not related to the proposed transaction announced by CLC on August 21, 2026. CLC has entered into a non-binding letter of intent in respect of the second offer.

The Special Committee of the Board of Directors (the “Special Committee“) formed in August 2026 will review the merits of the proposed transaction. The Special Committee is also continuing to review the merits of the original transaction proposal announced on August 21, 2026.   The Board of Directors of CLC has not approved the entering into of any definitive agreement for either transaction at this time. See “Special Committee” below.

Original Transaction

On August 21, 2026, CLC announced in a press release (the “August 21 Press Release“) that it had entered into a non-binding letter of intent (the “Initial LOI“) with a private Alberta corporation (the “Original Purchaser“), to engage in due diligence and negotiations regarding the terms of a proposed transaction (the “Original Transaction“) whereby the Original Purchaser would acquire all of the issued and outstanding common shares (the “Shares“) of the Company. The final structure of the Proposed Transaction has not been determined and, if the parties agree to proceed, will be set out in a definitive agreement between CLC and the Original Purchaser.

The Initial LOI contemplates an aggregate transaction value of $15,000,000 for 100% of the equity of the Company on a fully-diluted, cash-free, debt-free basis. The Initial LOI is non-binding and there can be no assurance that a definitive agreement for the Original Transaction will be entered into or that the Original Transaction contemplated by the Initial LOI, or any other transaction, will be completed.

Alternative Transaction

Subsequent to the execution of the Initial LOI and the issuance of the August 21 Press Release, the Company received an unsolicited offer from Medical Saints Ltd. an arm’s length third party (the “Alternative Purchaser“) for the sale of substantially all of the assets of CLC (the “Alternative Transaction“). In connection with the fiduciary obligations of the Board and the Special Committee, and as permitted by the exclusivity provisions of the Initial LOI, the Company entered into a non-binding letter of intent with the Alternative Purchaser effective September 11, 2026 for an Alternative Transaction (the “Second LOI”). No definitive agreement has been entered into in respect of the Original Transaction or the Alternative Transaction. “We are extremely pleased to move forward with the acquisition of the Christina Lake Cannabis assets. The scale of the cultivation platform is significant, but what makes this transaction particularly strategic for Medical Saints is the extraction infrastructure, processing capabilities, and expertise that Christina Lake has built. These assets complement our existing operations and materially expand what we can produce, process, and bring to market. Lucas Leone – Chief Executive Officer, Medical Saints Ltd.”

Unlike the Original Transaction, which contemplates an acquisition of the Shares, the Alternative Transaction contemplates the acquisition by the Alternative Purchaser of all of the assets of the Company (other than cash, cash equivalents, tax receivables and certain other assets to be agreed as excluded), free and clear of any encumbrances. The assets to be acquired would include all owned land and buildings and assigned commercial leases used in the business, all machinery, office equipment, computers, furniture and inventory, and all customer lists, proprietary data, historical records, trademarks, patents, copyrights and software.

The Second LOI provides for an aggregate purchase price of $18,000,000, on a cash-free, debt-free basis, payable in cash at closing and inclusive of a $2,000,000 advance payment on the purchase price (the “Advance”). The Advance would be delivered to the Company’s counsel, for the benefit of the Company, concurrently with the execution of a definitive agreement and would be credited against the purchase price at closing. In certain circumstances in which the transaction does not close as a result of the Alternative Purchaser’s failure to fund or a material breach by the Alternative Purchaser, the Advance would be retained by the Company as liquidated damages; in other circumstances, including a failure to close not caused by the Alternative Purchaser or a breach by the Company, the Advance would be repaid to the Alternative Purchaser.

Under the Second LOI, the parties would negotiate and enter into a definitive agreement for the Alternative Transaction within 40 days of executing the Second LOI, and would use reasonable commercial efforts to work towards a closing following the satisfaction or waiver of the applicable closing conditions. The Second LOI provides for an exclusivity period of 40 days, which is expressly subject at all times to the fiduciary duties of the Board, including its ability to consider, negotiate or respond to unsolicited bona fide proposals, and which is expressly subordinate to the Company’s existing contractual obligations to third parties, including its obligations under the Initial LOI.

Completion of the Alternative Transaction would be subject to a number of conditions, including the release and discharge of any encumbrances, negotiation and execution of a mutually agreed definitive agreement, receipt of all required regulatory, stock exchange, corporate and shareholder approvals, confirmation that no material adverse change has occurred, and the entering into of mutually agreed employment, consulting and/or transition services arrangements. The Alternative Purchaser is expected to offer employment to all of the Company’s employees engaged in the business on substantially comparable terms, with any related severance, termination or similar liabilities to be for the account of the Alternative Purchaser.

Term

The Second LOI will terminate in the following circumstances: (a) by written agreement of the parties; (b) upon the execution of a definitive agreement between CLC and the Alternative Purchaser; or (c) at the end of the exclusivity period (or any extension thereof).

Special Committee

A Special Committee of the Board (the “Special Committee“) was formed in August 2026 as described in the August 21 Press Release. The Special Committee’s role is to consider, evaluate and, if applicable, negotiate the strategic alternatives available to the Company, including the Original Transaction and the Alternative Transaction, and to make recommendations to the Board in connection therewith, including prior to the execution of any definitive agreement or the submission of any such transaction to the shareholders of the Company for a vote.   The Board of Directors of CLC has not approved the entering into of any definitive agreement for either transaction at this time.

Second LOI Non-Binding

The Second LOI is non-binding and does not create any binding legal rights or obligations, other than certain customary provisions – namely those relating to Legal Effect, Exclusivity, Termination, Confidentiality, Public Disclosure and General Provisions – which are binding upon execution. The Second LOI is governed by the laws of the Province of Ontario. As negotiations are ongoing, the Company can provide no assurance that it will agree on the final terms of, or execute, a definitive agreement with the Alternative Purchaser, or that the Alternative Transaction will be completed. Any such transaction would be subject to, among other conditions, the negotiation and execution of a definitive agreement and the receipt of all required shareholder, regulatory, stock exchange and other approvals.

If a definitive agreement with the Alternative Purchaser is executed, the Company expects that it will be required to hold a special meeting (the “Special Meeting“) of the Company’s shareholders to approve the Alternative Transaction. The Alternative Transaction is subject to receipt of the foregoing approvals and other customary closing conditions. Terms and conditions of the Alternative Transaction are expected to be disclosed in greater detail in a management information circular for the Special Meeting (the “Circular“). Following execution of the definitive Agreement, a Circular will be mailed to the Company’s shareholders. There are no finder’s fees payable by the Company in connection with the Alternative Transaction.

In the event that the Company executes a definitive agreement with either the Original Purchaser or the Alternative Purchaser, copies of such definitive agreement and the information circular for the special meeting of the Company’s shareholders to approve such transaction will be filed with Canadian securities regulators. Documents filed by the Company with Canadian securities regulators are available on the SEDAR+ profile of the Company at www.sedarplus.ca. Shareholders are urged to read any relevant materials when they become available. However, Shareholders do not need to take any action with respect to the Original Transaction or the Alternative Transaction at this time.

Counsel

Prelia Canada LLP is acting as the Company’s legal advisor.

About Christina Lake Cannabis Corp.

Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act with a standard cultivation license and corresponding processing amendment from Health Canada as well as a research and development license. Christina Lake Cannabis’ facilities consist of a 32-acre property, which includes over 950,000 square feet of outdoor grow space, offices, propagation and drying rooms, research facilities, and a facility dedicated to processing and extraction, and a 342-acre property which includes approximately 100 acres of licensed outdoor grow space, greenhouses, and a dry room. CLC focuses its production on creating high-quality outdoor flower, extracts and distillate for its B2B client base.

On behalf of Christina Lake Cannabis:

“Jay McMillan”
Jay McMillan, Chairman

For more information about CLC, please visit: www.christinalakecannabis.com

Investor Relations and Media Inquiries
investors@clcannabis.com
1.888.410.0304

About Medical Saints Ltd:
Medical Saints Ltd. is one of Canada’s largest privately held federally licensed cannabis producers, operating a vertically integrated platform across cultivation, processing, manufacturing, product development and commercialization.

Medical Saints currently produces 100 tonnes (100,000 kilograms) of cannabis annually in Canada.

For more information, visit www.medicalsaints.com.

Media & Investor Contact:
Lucas Leone
Chief Executive Officer
Medical Saints Ltd.
Email: info@medicalsaints.com

THE CANADIAN SECURITIES EXCHANGE (“CSE”) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE’S REGULATION SERVICES PROVIDER.

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. Forward-looking information and forward-looking statements may relate to the Company, the Original Purchaser, the Alternative Purchaser, and to anticipated events or results, notably the negotiation and potential completion of the Original Transaction and/or the Alternative Transaction on terms substantially similar to those currently contemplated.

Statements regarding future results, performance, achievements, prospects, or opportunities of the Company, the Original Purchaser, the Alternative Purchaser, or similar statements concerning anticipated future events, results, circumstances, performance or expectations, notably the execution of a definitive agreement and the completion of a transaction with the Original Purchaser or the Alternative Purchaser, are also forward-looking statements. Forward-looking statements contained in this press release include, without limitation, those related to: (i) the Board’s review and evaluation of the Second LOI; (ii) the relative benefits to the Company and its shareholders of the Original Transaction and the Alternative Transaction; (iii) the ability of the Company and either the Original Purchaser or the Alternative Purchaser to negotiate and execute a definitive agreement; (iv) the Company’s receipt of all necessary approvals (including shareholder approval, any required court approval, regulatory and stock exchange approvals, and any approvals required in connection with the transfer or reissuance of the Company’s licences); and (v) the final terms of any definitive agreement.

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 Company, the Original Purchaser or the Alternative Purchaser 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.

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 the Company, the Special Committee, and the Board will be able to negotiate or approve a definitive Agreement on terms acceptable to each of them and to either the Original Purchaser or the Alternative Purchaser, as applicable. Future events could differ materially from what is currently anticipated by the Company, the Original Purchaser or the Alternative Purchaser.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, 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 Company’s other filings with the securities regulators of Canada including, but not limited to, the cautionary statements made in the relevant portion of the Company’s Management Discussion & Analysis prepared as of June 29, 2026, for the financial year ended February 28, 2026. The foregoing list of factors that may affect future results is not exhaustive and new, unforeseeable risks may arise from time to time. The Company 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.

TORONTO, Sept. 15, 2026 (GLOBE NEWSWIRE) — VitalHub Corp. (TSX:VHI) (OTCQX:VHIBF) (the “Company” or “VitalHub”) announced today the launch of VitalHub AI Scribe, an ambient clinical intelligence (“ACI”) solution that captures conversations, identifies clinically relevant information, and automatically generates documentation, including case notes, transcriptions, client summaries, and patient summaries. By transforming conversations into structured documentation, AI Scribe helps health and human services professionals spend more time with patients and clients and less time completing paperwork. AI Scribe is going to be offered in VitalHub’s CaseWORKS and TREAT solutions.

Designed to scale across the VitalHub portfolio, AI Scribe brings practical AI capabilities directly into existing solutions. As a natively embedded module, the solution integrates seamlessly into the workflows organizations already rely on, enabling adoption without additional systems, interfaces, or disruption to daily operations.

AI Scribe is part of VitalHub’s growing investment in AI-powered capabilities. As both a developer and acquirer of best-of-breed software solutions, VitalHub is uniquely positioned to embed AI solutions across a broad range of workflows, delivering scalable technologies that help customers meet evolving demands while remaining focused on the people they serve.

Canadian Mental Health Association Waterloo Wellington (“CMHA WW”) became the first organization to deploy VitalHub AI Scribe through the CaseWORKS case management solution. Beginning with its intake teams, CMHA WW will benefit from AI-assisted documentation to improve efficiency, staff productivity, and client service delivery.

CaseWORKS and TREAT collectively support an initial serviceable market of approximately 22,000 practitioners. This expansion demonstrates the portability of VitalHub’s AI capabilities across its product portfolio and provides a repeatable model for delivering new functionality through the software environments customers and practitioners already use.

“AI Scribe reflects VitalHub’s approach to delivering practical AI that addresses real-world challenges for our customers,” said Dan Matlow, CEO of VitalHub. “We see significant opportunities to extend this capability across our portfolio and are pleased to begin with CMHA WW.”

“Our staff are passionate about supporting the individuals that we serve, and are often burdened by documentation requirements that continue to grow,” said Helen Fishburn, CEO of CMHA WW. “We sought a solution that could help reduce time spent on administrative tasks without disrupting how our staff work. The AI Scribe module is helping to streamline documentation, and giving our team members more time to focus on what matters most, supporting our clients and community.”

About VitalHub

VitalHub is a leading software company dedicated to empowering health and human services providers globally. VitalHub’s comprehensive product suite includes electronic health records, operational intelligence, and workforce automation solutions that serve over 1,300 clients across the UK, Canada, and other geographies. The Company has a robust two-pronged growth strategy, targeting organic opportunities within its product suite and pursuing an aggressive M&A plan. VitalHub is headquartered in Toronto with over 700 employees globally, across key regions and the VitalHub Innovations Lab in Sri Lanka. For more information about VitalHub (TSX:VHI) (OTCQX:VHIBF), please visit www.vitalhub.com and LinkedIn.

About Canadian Mental Health Association Waterloo Wellington

The Canadian Mental Health Association Waterloo Wellington is a non-profit organization that provides a full care system for those with addictions, mental health or developmental needs. We serve everyone from children to adults to seniors, all under one roof. Our programs help individuals and families to lead lives filled with meaning and promise. We have 450 staff at offices in Cambridge, Waterloo, Kitchener, Guelph, Fergus, and Mount Forest. We also provide visiting/satellite services in Arthur, Shelburne, Erin, and Palmerston. For more information, please visit www.cmhaww.ca.

Contact Information

Christian Sgro, CPA, CA, CFA
Head of IR and M&A Specialist
(365) 363-6433
christian.sgro@vitalhub.com

Dan Matlow
Chief Executive Officer, Director
(416) 727-9061
dan.matlow@vitalhub.com

Cautionary Statement

Certain statements contained in this news release may constitute “forward-looking information” or “financial outlook” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information or financial outlook. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”, “anticipates”, “believes”, “proposes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such statements are based on the current expectations of the management of each entity and are based on assumptions and subject to risks and uncertainties. Although the management of each entity believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Independent evaluation finds the regulated supply chain functioning positively and gaining preference with consumers

Company remains a committed community partner; sees opportunities for stronger consumer protections to create a model framework reflective of Dutch leadership and innovation

GRONINGEN, Netherlands, Sept. 15, 2026 (GLOBE NEWSWIRE) — Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today welcomed the publication of the first-year findings from the Netherlands’ regulated cannabis program, and reaffirmed its long-term commitment to the program and to the Dutch communities in which it operates. Village Farms Netherlands participates in the program as one of ten producers licensed by the Dutch government to cultivate and distribute cannabis to participating coffeeshops.

The evaluation, conducted by the Trimbos Institute, RAND Europe and Breuer & Intraval on behalf of the Dutch government, assessed the first year of the program’s operational phase across the ten participating municipalities. It reported that stakeholders across the supply chain, including coffeeshops, growers, municipalities and regulators, described their early experiences as positive, and that product range widened, with consumers rating price-value more positively than before the experiment began. It recorded no clear difference in public health, livability or safety compared to non-participating municipalities.

Michael DeGiglio, President and Chief Executive Officer of Village Farms, commented, “What the Dutch government set out to do was a historic undertaking for regulated cannabis in Europe and it deserves considerable praise. Replacing a tolerated supply chain with a regulated one is not an easy task, but these first-year findings are an encouraging sign of early success. We’re invested here as long-term community partners, and our team remains committed to collaborating with local stakeholders to build a successful program that protects consumers and creates economic benefits for its local communities.”

Orville Bovenschen, President of Global Operations for Village Farms, oversees operations for the Company’s two Dutch facilities.

Bovenschen commented, “What we bring to the Netherlands goes well beyond cannabis. We draw on decades of experience in controlled environment agriculture and regulated markets, with expertise in process innovation and product quality, compliance and responsible operations. We’ve applied those lessons while working closely with our local municipalities to meet the requirements of this new regulated market, and we’ll continue sharing our experience and insight with Dutch policymakers and regulators to build a model framework reflective of Dutch leadership and innovation.”

Bovenschen added, “We’re encouraged by these positive initial results, and we believe now is an appropriate time for the government to begin talking about ways to create stronger protections for consumers and longer-term certainty for the program. We are supportive of revisions to packaging and labeling requirements to avoid consumer preferences shifting to high potency products, and also see benefits to further expansion of the program to combat the illicit market. Getting these conversations started will give growers, coffeeshops, and municipalities the confidence to plan and invest for a much larger, successful regulated market.”

About Village Farms International

Village Farms is a global leader in cannabis, plant-based consumer packaged goods, and sustainable innovation. With a legacy built on decades of Controlled Environment Agriculture expertise and Dutch farming practices, today the Company is one of the world’s largest and most profitable cannabis operators with an asset portfolio that spans over 7 million square feet of advanced greenhouse and indoor cultivation assets.

In Canada, Village Farms operates the world’s largest EU-GMP certified cannabis facility at its production campus in Delta, British Columbia, and exports products to international medical markets. The Company is also a market share leader in dried flower formats and produces and distributes some of the country’s highest quality and best-selling strains, including its flagship Pure Sunfarms Pink Kush, one of the most widely consumed strains on the planet. Village Farms’ Canadian brand portfolio includes Pure Sunfarms, Fraser Valley Weed Co., Soar, Super Toast, Pure Laine, Tam Tams and Promenade.

In the Netherlands, the Company is one of only ten licensed operators in the country’s regulated cannabis program, and in the United States its CBDistillery brand is one of the country’s premier cannabinoid wellness platforms, and it also holds equity interests in cannabis businesses in Australia and Germany. Beyond cannabis, the Company holds an equity interest in Verdexa Holdings, a private venture pursuing strategic acquisitions to build a premier branded food platform, and its Clean Energy division transforms landfill gas into renewable natural gas and receives royalties on all revenues generated.

Contacts

Sam Gibbons, SVP, Corporate Affairs Email: sgibbons@villagefarms.com

Danielle Allore, Senior Manager, Communications Email: dallore@villagefarms.com