Author: Ravi Shankar

CALGARY, Alberta, Sept. 21, 2026 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company“) (TSX: DRT; OTCQX: DRTTF), a leader in industrialized construction, today announced the completion of its previously announced financing with the Business Development Bank of Canada (“BDC”) under which BDC committed to lending the Company up to C$15.0 million (the “Loan”).

DIRTT has received the final C$5.0 million disbursement under the Loan originally announced on December 11, 2025. This brings the total amount received under the Loan to C$15.0 million.

“Completing this financing strengthens our liquidity and provides additional financial flexibility as we continue to execute our transformation and growth initiatives,” said Benjamin Urban, CEO of DIRTT. “We appreciate BDC’s support and look forward to continuing our relationship.”

Forward Looking Statements

Certain statements contained in this release are “forward-looking statements” within the meaning of “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934 and “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). All statements, other than statements of historical fact included in this news release are forward-looking statements. When used in this news release, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “will,” “should,” “would,” “could,” “can,” “plan,” the negatives thereof and other similar expressions are intended to identify forward-looking statements. This news release contains forward-looking statements relating to the proceeds and terms of the Loan; the use of proceeds of the Loan; the effects of the financing on DIRTT’s liquidity; and the Company’s ability to execute on its transformation and growth initiatives.

Forward-looking statements are based on certain estimates, beliefs, expectations, and assumptions made in light of management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that may be appropriate. Forward-looking statements necessarily involve unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed or implied in such statements. Due to the risks, uncertainties, and assumptions inherent in forward-looking information, you should not place undue reliance on forward-looking statements. Factors that could have a material adverse effect on the Company’s business, financial condition, results of operations and growth prospects include, but are not limited to, the Company’s ability to execute on its transformation plan and the risks described under the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, in subsequently filed Quarterly Reports on Form 10-Q, and in the Company’s other continuous disclosure filings available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. The Company’s past results of operations are not necessarily indicative of future results. You should not rely on any forward-looking statements, which represent the Company’s beliefs, assumptions and estimates only as of the dates on which they were made, as predictions of future events. DIRTT undertakes no obligation to update these forward-looking statements, even though circumstances may change in the future, except as required under applicable securities laws. All of the forward-looking statements herein are qualified by these cautionary statements.

About DIRTT

DIRTT is a leader in industrialized construction. DIRTT’s system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, healthcare, education, and public sector markets, DIRTT’s system provides total design freedom, and greater certainty in cost, schedule, and outcomes. DIRTT’s interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their spaces as their needs evolve. Headquartered in Calgary, AB, Canada, DIRTT trades on the Toronto Stock Exchange under the symbol “DRT” and on the OTCQX under the symbol “DRTTF”.

FOR FURTHER INFORMATION PLEASE CONTACT ir@dirtt.com

New initiative connects autonomous commercial vehicles with established state roadside enforcement infrastructure, creating a practical foundation for deployment across the U.S.

PHOENIX, Sept. 21, 2026 (GLOBE NEWSWIRE) — PrePass, a leader in integrated weigh-station bypass, toll payment, safety, and compliance solutions, and Kodiak AI, Inc. (“Kodiak”) (Nasdaq: KDK), a leading provider of Physical AI-powered autonomous driving technology, today announced a new collaboration to integrate Enhanced Inspections of Kodiak’s autonomous trucks, conducted by Commercial Vehicle Safety Alliance-trained inspectors, into established state roadside screening and enforcement systems.

Using the trusted PrePass platform, the companies have created an automated bypass process that connects Enhanced Inspection information from Kodiak’s autonomous trucks directly with enforcement personnel who can verify information, authorize bypass, and provide additional instructions as needed.

Initial implementation begins today in Texas and Louisiana, and the collaboration paves the way for the safe scaling of driverless commercial vehicle operations nationwide.

The initiative combines Kodiak’s autonomous driving technology with PrePass’ nationwide infrastructure and longstanding relationships with state enforcement agencies, addressing a key requirement for driverless trucking across state lines.

“The next barrier to scaling driverless trucking isn’t inside the truck. It’s the infrastructure around it,” said Chas Wurster, Chief Technology Officer of PrePass. “PrePass has spent years preparing for this future through federal research, collaboration with state agencies and continued investment in roadside screening technology. By working with Kodiak to advance driverless trucking into real-world commercial operations, PrePass is operationalizing the blueprint for what comes next: bringing states, roadside infrastructure and trusted data together to make autonomous operations work at scale.”

The initiative supports Kodiak’s operational and regulatory readiness as the company prepares to launch driverless commercial vehicle operations on public highways by the end of this year.

CVSA developed the Enhanced Commercial Motor Vehicle Inspection Program (Enhanced Inspections) to support commercial vehicles equipped with automated driving systems. Under the program, a CVSA-trained inspector verifies that an autonomous commercial vehicle is free of safety defects before it begins driverless operations.

A successful Enhanced Inspection remains valid for up to 24 hours, subject to applicable program requirements. The PrePass and Kodiak collaboration does not change or replace that process; it makes the resulting inspection information available through established roadside screening systems.

“CVSA welcomes this collaboration between PrePass and Kodiak AI to support the implementation of CVSA’s Enhanced Commercial Motor Vehicle Inspection Program for autonomous trucks,” said CVSA Executive Director Collin Mooney. “As commercial motor vehicle technologies continue to advance, inspection and enforcement processes must evolve with them while maintaining a strong focus on transportation safety.”

The collaboration also gives state agencies a practical way to incorporate autonomous trucks into existing safety and enforcement operations without creating a separate roadside process.

“Launching driverless service is not just about building technology. It’s about building a solution that works in the real world,” said Don Burnette, founder and CEO of Kodiak AI. “Our collaboration with PrePass is an important milestone as we prepare to launch long-haul driverless operations. It enables us to provide critical information to commercial vehicle enforcement agencies, maintain compliance with safety requirements and scale the Kodiak Driver across the United States. PrePass’ nationwide footprint, established relationships with state agencies and ability to integrate emerging vehicle technologies make it an important partner in that effort.”

PrePass has decades of experience connecting commercial fleets with state enforcement agencies and roadside infrastructure. Its network spans more than 580 inspection and screening locations nationwide. By building on systems and infrastructure states already use and understand – rather than requiring them to replace proven technology – that footprint provides a foundation for expanding the collaboration beyond Texas and Louisiana and creating a consistent, scalable approach to supporting driverless commercial operations across the country. 

About PrePass Safety Alliance
PrePass Safety Alliance is a nonprofit public-private partnership of state agencies and trucking industry leaders devoted to the safe, secure, and efficient use of North America’s highway system. Through widespread deployment of PrePass® advanced
technologies—including the PrePass Mobile App—the Alliance works to increase safety compliance while saving motor carriers time, fuel, and money. To date, the Alliance has invested over $1.3 billion to deploy services that improve safety, reduce emissions, and preserve highway infrastructure. Learn more at www.prepassalliance.org
.
About PrePass
PrePass® is the leading provider of weigh station bypass and toll payment services in North America. Operated by the PrePass Safety Alliance, PrePass helps carriers improve safety and efficiency, now including more than one billion safe bypasses and over $12 billion in estimated savings for fleets. Learn more at www.prepass.com.

About Kodiak AI
Kodiak AI, Inc. (Nasdaq: KDK) is a leader in Physical AI, developing driverless technology that powers machines that move. The core of the company’s solution is the Kodiak Driver, a vehicle-agnostic autonomous driving system that combines advanced AI-powered software with modular hardware. Today, the Kodiak Driver operates in the long-haul trucking, industrial trucking, and defense sectors, and is already deployed in commercial operation with no one in the cab. Kodiak AI commercializes its technology through both a Driver-as-a-Service business model and strategic partnerships. In 2024, Kodiak achieved a historic milestone, becoming the first company to deploy driverless technology in customer-owned driverless semi-trucks. Commercial partners and customers include Atlas Energy Solutions, IKEA, Bridgestone, Werner Enterprises, C.R. England, General Dynamics Land Systems, and Roehl Transport.

For more information, visit kodiak.ai/investors. The Kodiak press kit, including videos and images, is available here.

MEDIA CONTACTS:
Ashley Simmons
PrePass Safety Alliance
Ashley@prepassalliance.org | Mobile: 202-341-9508

Pete Bigelow
Kodiak AI
pete.bigelow@kodiak.ai | Mobile: 303-443-4441

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1f132629-2f07-447d-adea-441ceb5d76c7.

AUSTIN, Texas, Sept. 21, 2026 (GLOBE NEWSWIRE) — HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (“HydroGraph” or the “Company”) today announced that its management information circular (the “Circular”) and related materials, dated September 16, 2026, for its special meeting of securityholders (the “Meeting”) have been filed publicly and are scheduled to be mailed to securityholders on September 29, 2026.

The Meeting will be held on October 29, 2026, at 9:00 a.m. Pacific time at the offices of Miller Thomson LLP, 700 W Georgia Street, Suite 2200, Vancouver, British Columbia V7Y 1K8, to consider and approve the previously announced corporate redomicile transactions pursuant to which HydroGraph would become indirectly owned by a Delaware corporation (the “Redomicile Transactions”). The record date for the Meeting is September 11, 2026. Proxies must be received by 9:00 a.m. Pacific time on October 27, 2026.

The Company is utilizing the notice-and-access provisions under applicable Canadian securities laws for delivery of Meeting materials. Securityholders may request paper copies of Meeting materials at no cost in accordance with the procedures outlined in the Circular.

At the Meeting, HydroGraph securityholders, being the holders of common shares, warrants and incentive awards (namely stock options and restricted share units), will be asked to consider the redomicile resolution (the “Redomicile Resolution”) to approve a series of transactions by way of plan of arrangement under the Business Corporations Act (British Columbia) (collectively, the “Redomicile Transactions”). Pursuant to the Redomicile Transactions, holders of HydroGraph common shares will receive, at their election and subject to applicable eligibility criteria, either (i) one share of common stock of HydroGraph Inc., a newly incorporated Delaware corporation that will become the parent company of HydroGraph (“New Parent”), (ii) one exchangeable share of HydroGraph ExchangeCo Ltd., or (iii) a combination of New Parent common stock and exchangeable shares, in each case on a one-for-one basis for each HydroGraph common share held immediately prior to completion of the Redomicile Transactions, as more particularly described in the Circular.

Eligible holders who elect to receive Exchangeable Shares may, subject to applicable requirements and the making of a valid tax election, be able to defer all or a portion of any Canadian income tax that would otherwise arise on the disposition of their HydroGraph common shares pursuant to the Redomicile Transactions. Securityholders should carefully review the Circular and consult their own tax advisors. Eligible holders wishing to receive Exchangeable Shares must submit a properly completed Letter of Transmittal and Consideration Election Form prior to the election deadline of 5:00 p.m. (Vancouver time) on October 28, 2026. Voting FOR or AGAINST the Redomicile Resolution does not constitute an election to receive Exchangeable Shares.

In connection with the Redomicile Transactions, New Parent will assume HydroGraph’s outstanding incentive awards and warrants, with the underlying securities becoming shares of New Parent common stock. Following completion of the Redomicile Transactions, the directors and executive officers of New Parent will continue to be the same individuals who currently serve as directors and officers of HydroGraph, and New Parent will indirectly hold the same business, assets and liabilities currently held by HydroGraph.

The board of directors of HydroGraph (the “HydroGraph Board”) unanimously recommends that HydroGraph securityholders vote FOR the Redomicile Resolution.

The HydroGraph Board believes that the opportunity to enhance long-term value for shareholders will be greater as a Delaware corporation than as a British Columbia corporation. The HydroGraph Board believes that the Redomicile Transactions will better align the Company’s corporate structure with its growing U.S. operations, expanding its U.S. shareholder base, developing addressable market opportunities and long-term strategic objectives, while positioning the Company for future growth. The HydroGraph Board also believes that the U.S. investor base represents the greatest source of potential additional investment and that becoming a Delaware corporation would provide greater opportunities to expand the Company’s institutional investor base.

The Redomicile Transactions must be approved by the affirmative vote of at least two-thirds of the votes cast at the Meeting on the Redomicile Resolution, in person or by proxy, by both (a) HydroGraph shareholders, warrantholders and incentive awardholders, voting together as a single class, and (b) HydroGraph shareholders, voting separately. Subject to receipt of the required approvals, including approval of HydroGraph securityholders, approval of the Supreme Court of British Columbia and satisfaction of customary closing conditions, it is anticipated that the Redomicile Transactions will be completed in early 2027.

The Circular, Notice of Meeting and related proxy materials are being distributed to HydroGraph securityholders and are available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on HydroGraph’s website at www.hydrograph.com.

Your vote is very important regardless of the number of HydroGraph common shares, warrants and/or incentive awards that you own. If you have questions or require assistance with voting your securities, or if you are an eligible holder and have questions regarding the exchangeable share election process, please contact Apollo Nora Advisors Ltd. (“Apollo Advisors”), HydroGraph’s strategic shareholder advisor, proxy solicitation agent and information agent, toll-free at 1-888-610-4478 or 647-407-5667, or by email at info@apollo-advisors.ca.

Advisors

Apollo Nora Advisors Ltd. is acting as HydroGraph’s strategic shareholder advisor, proxy solicitation agent and information agent in connection with the Redomicile Transactions.

Important Information for Investors and Securityholders

This communication is not intended to and does not constitute an offer to sell, buy or exchange or the solicitation of an offer to sell, buy or exchange any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, purchase, exchange of securities or solicitation of any vote or approval in any jurisdiction in contravention of applicable law.

HydroGraph securityholders are urged to read the Circular and all other relevant materials carefully because they contain important information regarding HydroGraph, New Parent, the Redomicile Transactions and related matters. Copies of the Circular and related meeting materials are available under HydroGraph’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.hydrograph.com.

Participants in the Solicitation

HydroGraph and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in connection with the Redomicile Transactions. Information regarding the interests of HydroGraph’s directors and executive officers in the Redomicile Transactions is included in the Circular and in HydroGraph’s public disclosure documents available on SEDAR+ and the Company’s website.

About HydroGraph

HydroGraph is a leading producer of pristine graphene using its proprietary Hyperion Reactor technology, which allows for ultra-high purity, low energy use, and uniform batches. The quality, performance, and consistency of HydroGraph’s graphene follow the Graphene Council’s Verified Graphene Producer^® standards, of which very few graphene producers are able to meet. For more information or to learn about the HydroGraph story, visit: https://hydrograph.com/. For company updates, please follow HydroGraph on LinkedIn at https://www.linkedin.com/company/hydrograph/ and X at https://x.com/HydroGraphInc.

Trademarks: HydroGraph™ and Fractal Graphene™

Forward-Looking Statements

This news release contains certain “forward-looking statements” and certain “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this news release include, but are not limited to, statements regarding: the proposed Redomicile Transactions; the anticipated benefits of the Redomicile Transactions; the expected impact of the Redomicile Transactions on shareholder value; the ability of HydroGraph to expand its institutional investor base; the eligibility of New Parent for inclusion in certain market indices; the alignment of the Company’s corporate structure with its growing U.S. operations, shareholder base and strategic objectives; the anticipated simplification of commercialization efforts and strategic transactions; the listing of New Parent common stock on the Canadian Securities Exchange; the anticipated completion of the Redomicile Transactions and the expected timing thereof; the receipt of required securityholder, court, regulatory and stock exchange approvals; the continuation of HydroGraph’s business, operations, management team and strategic direction following completion of the Redomicile Transactions; and HydroGraph’s plans, objectives, expectations and business strategy generally. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plan”, “target”, “project”, “potential”, “could”, “would” or similar terminology.

Forward-looking statements are based on management’s current expectations, assumptions and beliefs regarding future events and operations. These assumptions include, among other things, that required securityholder, court, regulatory and stock exchange approvals will be obtained on acceptable terms and in a timely manner; that the conditions to completion of the Redomicile Transactions will be satisfied or waived; that the anticipated benefits of the Redomicile Transactions will be realized; that New Parent may be eligible for inclusion in certain market indices; that the Company will continue to execute its business strategy successfully following completion of the Redomicile Transactions; and that there will be no material adverse changes in economic, market, regulatory or business conditions.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors, many of which are beyond HydroGraph’s control, that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation: the failure to obtain the required securityholder approvals, court approval or other required regulatory approvals; delays in obtaining required approvals; the possibility that the Redomicile Transactions may not be completed on the anticipated timeline or at all; the possibility that HydroGraph may not realize some or all of the anticipated benefits of the Redomicile Transactions, including as a result of New Parent not being included in certain market indices; the possibility that retail or institutional investors may sell New Parent securities following completion of the Redomicile Transactions; the possibility that the Redomicile Transactions may adversely affect business relationships; the diversion of management attention from ongoing operations; the possibility that certain contractual provisions may be triggered in connection with the Redomicile Transactions; and reputational risks associated with the transaction; the inability of New Parent to attract the anticipated level of institutional investor interest; the possibility that certain investors may be unable or unwilling to hold securities of New Parent following completion of the Redomicile Transactions; changes in tax laws or the tax consequences of the Redomicile Transactions; the impact of the announcement or pendency of the Redomicile Transactions on HydroGraph’s operations, business relationships, financial performance and ability to attract and retain employees; costs associated with the Redomicile Transactions; the exercise of dissent rights by shareholders; adverse market conditions; changes in applicable laws and regulations; and other risks and uncertainties described in the Circular and HydroGraph’s public disclosure record.

Although HydroGraph believes that the assumptions and expectations reflected in these forward-looking statements are reasonable, there can be no assurance that such assumptions or expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements contained herein are made as of the date of this news release and HydroGraph undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

CONTACTS:
Matt Kreps
HydroGraph
Senior Vice President
+1-214-597-8200
matt.kreps@hydrograph.com

Len Fernandes
Firecracker PR for HydroGraph
len@firecrackerpr.com
888-317-4687

Vancouver, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — Apogee Minerals Ltd. (“Apogee” or the “Company”) (TSXV: APMI) is pleased to announce the appointment of Mr. Brady Rak as Chief Executive Officer and a Director of the Company, effective September 21^st, 2026. 

Mr. Rak’s appointment adds significant senior management and capital markets depth to Apogee’s leadership team. His relationships across the North American investment community and his industry experience position him to lead the Company as it executes its growth objectives through mineral exploration in Canada while also evaluating all opportunities to build shareholder value.

Mr. Rak brings more than 15 years of experience in the Canadian capital markets, having built his career at several independent broker dealers, including Ventum Financial, Salman Partners and Union Securities. As a registered investment advisor in the private client division of Ventum Financial, Mr. Rak has advised high-net-worth and corporate clients, structured transactions, raised capital, and navigated evolving global market conditions. Most recently Mr. Rak has served as VP of Business Development of Skyharbour Resources helping the company evolve into a leading uranium exploration and prospect generation business in Canada. Mr. Rak holds a Bachelor of Business Administration (BBA) in Management from Northwood University and holds an options trading licence through his completion of the Options License Course.

Mr. Brady Rak commented: “I am honoured and excited to step into the role as CEO for Apogee and thank the board for the opportunity. This is a pivotal time for value creation and growth as the Company has recently optioned the Knife Lake Copper Project which holds a significant historical deposit near surface. The large property package provides plenty of room for discovery potential and we plan to follow up on high-grade copper drill intercepts from previous operators. Furthermore, Eldorado Gold’s recent C$4 billion acquisition of Foran Mining and the McIlvenna Bay VMS deposit illustrates why Saskatchewan is such a fantastic jurisdiction to work in as well as the unique geological prospectivity in the area. The opportunity for Apogee in today’s market is robust given the copper price tailwinds underpinned by strong underlying fundamentals with increasing global demand and tightening supply.”

Apogee’s Interim Chief Executive Officer and President, Tim Fernback, has stepped down as the Interim CEO and President but will continue to serve as the Company’s Chief Financial Officer and he will remain a Director of the Company.

Granting of Incentive Stock Options:

Apogee has granted 3,000,000 incentive stock options (the “Options”) to various officers, directors and consultants of the Company. The Options are exercisable at $0.14 per share for a period of five years from the date of grant. The Options have been granted under and are governed by the terms of the Company’s Incentive Stock Option Plan and are subject to a statutory hold period of four months and one day.

About Apogee Minerals Ltd.:

Apogee Minerals Ltd. is a Canadian copper and base metal exploration company that has an option to earn up to 100% of the Knife Lake Copper Project. The asset comprises 54 mineral claims totalling approximately 35,255 hectares in east-central Saskatchewan, located approximately 136 kilometres northwest of Flin Flon, Manitoba and approximately 180 kilometres northeast of La Ronge, Saskatchewan – a jurisdiction consistently ranked among the top mining jurisdictions in the world by the Fraser Institute. The Property hosts the historical Knife Lake Deposit, a near-surface, stratabound volcanogenic massive sulphide (“VMS”) style copper-zinc-silver-gold-cobalt deposit.

Our goal is to build shareholder value through mineral project acquisitions and advancement, as well as through new mineral discoveries.

To find out more about Apogee Minerals Ltd. (TSX-V: APMI) visit the Company’s website: www.apogeemineralsltd.com
ON BEHALF OF THE BOARD OF DIRECTORS
Apogee Minerals Ltd.

“Brady Rak”
Brady Rak
Chief Executive Officer and a Director

For further information, please contact:

Apogee Minerals Ltd.
Nicholas Coltura, Director
Email: ncoltura@sentinelmarket.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 news release.

Cautionary Statements Regarding Forward-Looking Information:

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements in this news release include, but are not limited to, statements regarding the appointment of Mr. Rak as Chief Executive Officer and Director and his anticipated contributions to the Company; the Company’s business plans, strategy and objectives; and the anticipated advancement of the Company’s mineral exploration activities and the pursuit of new growth opportunities. Forward-looking statements are often, but not always, identified by the use of words such as “plans”, “expects”, “is expected”, “anticipates”, “believes”, “intends”, “targets”, “aims” or similar expressions, or by statements that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved.

Forward-looking statements are based on a number of assumptions made by management and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such statements, including, without limitation: the Company’s ability to execute on its business plans, strategy and objectives; the ability to retain key personnel; the early-stage nature of the Company’s exploration activities; the ability to obtain adequate financing on acceptable terms; delays in obtaining, or the failure to obtain, required regulatory or TSX Venture Exchange approvals; changes in legislation or in TSX Venture Exchange policies; and general market, political and economic conditions.

Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on such statements, which apply only as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. 

First drill test of Aurora’s priority conductive targets planned for fall 2026

CALGARY, Alberta, Sept. 21, 2026 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that it plans to proceed with a fall 2026 diamond drill program at the Aurora Uranium Project (“Aurora” or the “Project”), located in Saskatchewan’s Athabasca Basin region. Aurora is owned and operated by Cosa Resources Corp. (“Cosa”). Traction holds an option to acquire up to an 80% interest in Aurora from Cosa, subject to satisfying certain earn-in requirements. Cosa will operate the planned program, which will be funded by Traction pursuant to the option agreement.

The proposed program is expected to test priority conductive targets identified through interpretation of Cosa’s 2024 VTEM survey. Target ranking has also been informed by the results of the 2026 property-wide airborne radiometric and magnetic survey and other available geological and geophysical information, with emphasis on conductive responses located near radiometric anomalies interpreted as potentially related to uranium-bearing sources.

“With the airborne survey complete, we are preparing to move Aurora into drill testing,” said Jared Suchan, Chief Executive Officer of Traction. “The VTEM conductors, ranked against the new radiometric and magnetic data, give us a clear set of priority targets for this program. We look forward to working with Cosa and will report results as they become available.”

Qualified Person

Jared Suchan, Ph.D., P.Geo., CEO and Director of the Company, and a Qualified Person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the Company’s QA/QC and data verification processes and procedures, please see its most recently-filed technical report, a copy of which may be obtained under the Company’s profile at http://www.sedarplus.ca.

About Traction Uranium Corp.

Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca Region. We invite you to find out more about our exploration-stage activities across Canada’s Western region at https://tractionuranium.com. 

About Cosa Resources Corp.

Cosa Resources is a Canadian uranium exploration company operating in northern Saskatchewan. Its portfolio comprises roughly 237,000 ha across multiple 100% owned and Cosa-operated Joint Venture projects in the Athabasca Basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.

Cosa’s award-winning management team has a long track record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy’s Hurricane deposit. In addition to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison’s Gryphon deposit and held key roles in the founding of both NexGen and IsoEnergy.

On Behalf of The Board of Directors

Jared Suchan
CEO and Director
(604) 425-2271
info@tractionuranium.com 

Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events, including, in this news release, in relation to the Company’s near and longer term exploration plans. Although such statements are based on reasonable assumptions of the Company’s management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

Forward-looking information involves 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 the forward-looking information. Such factors include: the risk that the Company does not exercise the option or acquire any interest in the Aurora project, risks inherent in the exploration and development of mineral projects, including risks relating to changes in project parameters as plans continue to be redefined and the risk that exploration and development activities will cost more than the amount budgeted for such activities by the Company; access and supply risks; operational risks; regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; and financing, capitalization and liquidity risks. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

The CSE has neither approved nor disapproved the information contained herein.

~ Adding a Second Metal Endowment at the Steller Project~

VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — Blue Jay Gold Corp. (TSXV: JAY) (OTCQB: JAYGF) (FSE: JAY) (“Blue Jay” or the “Company”), today reported results from the metallurgical test program on mineralization from the Becker-Cochran antimony occurrence at its Steller Gold Project (“Steller” or the “Project”) in southern Yukon. Our maiden test work at ALS Metallurgical Laboratories in Kamloops, British Columbia delivered a flowsheet design producing a 67% antimony (“Sb”) concentrate at a 94% recovery. Roughly 50 kg of the concentrate is now being converted into finished antimony products by three North American processing groups who are looking to secure access to long-term supply, with first products expected in the coming weeks. Our test does not end at the concentrate. It continues until the material exists as a finished antimony product.

The material was placed with three groups rather than one by design. Each uses different processing approaches as high-grade concentrate is compatible with more than one downstream route. Our approach affords Blue Jay the pathway best suited to our material and ours interests.

Highlights

• 67% antimony concentrate was produced at a 94% Sb recovery.
• Concentrate grade well exceeds the 60% Sb premium product threshold. Pure stibnite is approximately 71.7% antimony, so 67% Sb approaches mineralogical purity.
• Three North American antimony processing groups will convert the concentrate into a range of downstream metal products, each using different processing approaches. First results are expected in the coming weeks.
• Test work was performed on material the Company collected and submitted, under documented chain of custody and modern quality assurance and quality controls.
• Material will move from site to finished metal product within a single exploration season.
• Drilling continues on high-grade gold targets with results expected to continue into 2027

“When we ran our due diligence after acquiring the Project, the antimony prospect was sitting in the historical record in plain sight, and nobody had touched it for sixty years,” said Geordie Mark, CEO of Blue Jay Gold. “Modern conventional processing comfortably outperformed what was achieved in the 1960s, but a flotation number is where most companies at our stage stop and then ask investors to imagine the rest. We are not doing that. The concentrate is now with three North American processing groups who will convert it into a range of finished antimony products, and we expect the first of those within weeks. That means this material will have gone from rock in the ground to finished metal inside a single exploration season. Linking the mine site to metal production is where value is created in critical minerals, and we saw no reason to wait years to find out whether this material can make that trip.”

“What we learn about the antimony also tells us something about the Project as a whole. One land package holds a past-producing gold mine, two further gold-silver deposits in different styles, and now produces a premium-grade antimony concentrate from a separate mineralized field whose footprint extends kilometres to the east. Those are different metals, deposited in different parts of the same system. To be clear, gold and silver are where our rigs and our budget are focused, and that has not changed by a single metre of drilling. But this is our maiden exploration year, and the point of a maiden year is to find out what you actually own. The antimony work was a small part of this year’s budget, and it has told us a great deal. It is another piece of evidence that Steller is a geological district rather than a single deposit.”

Table 1: Becker-Cochran Composite 1 (Concentrate): Cumulative Metal Balance

Cumulative	Cum. Weight		Assay – (%)			Recovery/Distribution (%)
Product	%	grams	Sb	Fe	S	Sb	Fe	S
Bulk Conc.: Product 1	24.0	481.8	66.9	0.5	27.5	93.9	12.0	89.2
Cleaner 2 Conc.	24.6	492.9	65.9	0.5	27.1	94.7	13.4	89.9
Cleaner 1 Conc.	25.9	519.3	63.2	0.6	26.0	95.6	17.9	90.9
Rougher Conc.	32.3	648.8	51.4	1.3	21.4	97.2	45.6	93.4
Rougher Tail	67.7	1358.7	0.7	0.7	0.7	2.8	54.4	6.6
Recalculated Feed	100.0	2007.5	17.1	0.92	7.4	100	100	100

^{Notes to Table 1: Products are reported cumulatively; each row includes all products above it. Weight % is the share of the original feed reporting to that product, Assay % is that product’s grade, and Recovery % is the share of the metal in the feed that it contains. Successive rows add lower-grade material, raising antimony recovery while diluting concentrate grade. The Company reports Product 1, 66.9% Sb at 93.9% recovery, as the representative result. Based on a single flotation test on a 2,007.5 g composite grading 17.1% Sb. Initial liberation analysis showed that stibnite and gangue minerals are excellent at 88% and 93% respectively. Mineral deportment studies have not been completed with Hg in concentrate aliquot up 1,100 ppm. Flotation optimization work is expected to commence shortly. No variability studies have been completed, and we note that the results are not necessarily representative of the occurrence as a whole.}

Next Steps at Becker-Cochrane

First antimony metal products from the three processing groups are expected in the coming weeks. Assays remain pending from the ten-hole drill program at Becker-Cochran announced on August 31, 2026, which is testing the down-dip continuation of the mineralized shear zone below the historical workings. Should drilling confirm continuity at depth, the Company intends to advance to variability and locked cycle test work on drill core composites.

What Was Tested

The program was carried out on a composite of >400 kg of stibnite-bearing mineralization collected by Company personnel at a single trench at Becker-Cochran. The test sequence comprised head assays, mineralogical characterization, grind establishment, rougher and cleaner flotation, and final concentrate characterization.

The sample was collected from the surface expression of the stibnite-rich quartz vein systems that host mineralization in the underground workings at depth. These veins represent one on several east-west trending veins sets that occur on Becker, forming a trend extending west past the Goddell Gully Au deposit. Consequently, our work reflects only a small fraction of the system.

Reading the Result

Concentrate grade and recovery are most meaningful together, and in context with the flowsheet that produced them. Recovery measures how much of the antimony in the rock reports to the product. At 93.9%, almost none was lost to the tailings. Grade measures the quality of that product and determines what a processor will pay for it. Premium product specifications generally begin at 60% Sb, with value adjusted for other elements present and for processing factors. At 66.9% Sb, against a maximum possible 71.7% for pure stibnite, the concentrate is close to a pure mineral product. The flowsheet that produced it is conventional and uses standard reagents. Work at this stage does not constitute an offtake arrangement, or any type of commercial negotiation.

Why the Historical Work Needed to be Revisited

Bulk sampling and flotation testing were carried out on this occurrence in 1965. An approximately 8-ton sample was split between the federal Mineral Processing Division in Ottawa and Britton Laboratories Limited in Vancouver. The Ottawa work reported recovery of 92.8% of the contained antimony, and concentrates exceeding 62% antimony were produced. Underground development stopped shortly afterward when the antimony price fell.¹

Those results are historical in nature. They were produced sixty years ago, to procedures and quality controls that cannot be verified today, on material the Company did not collect. A Qualified Person has not done sufficient work to verify them, the Company is not treating them as current, and they should not be relied upon. They were, however, sufficient reason to test the material again to a modern standard.

_{⁽¹⁾ Further detail regarding the Becker-Cochran occurrence, including its discovery, historical exploration, development and sampling, and regarding the Steller Gold Project and its current Mineral Resource Estimate, is set out in the technical report entitled “Technical Report and Updated Mineral Resource Estimate of the Steller Gold Project, Whitehorse Mining District, Yukon Territory, Canada,” prepared for the Company by P&E Mining Consultants Inc. with an effective date of October 31, 2025, available under the Company’s profile on SEDAR+ at www.sedarplus.ca. The historical metallurgical results quoted above are drawn from reports prepared for or on behalf of Yukon Antimony Corporation Ltd. between 1964 and 1966, including the concentration report of the Mineral Processing Division, Department of Mines and Technical Surveys, dated July 6, 1965. https://data.geology.gov.yk.ca/assessment-report/202 https://data.geology.gov.yk.ca/mineral-occurrence/12812 https://data.geology.gov.yk.ca/assessment-report/3639} 

A District, Not a Single Deposit

The Steller Gold Project covers approximately 170 square kilometres and is accessible year-round by an 84-kilometre road from Whitehorse. It hosts the past-producing Mt. Skukum gold mine, the Skukum Creek and Goddell Gully gold-silver deposits, a 270 tonne per day process plant, and kilometres of underground development. Becker-Cochran lies within an antimony anomaly approximately 8 kilometres wide on the eastern side of the property.

The gold, silver and antimony mineralization across the property is interpreted to have formed during the same period of Eocene magmatic-epithermal activity, at different levels and temperatures within one extensive system. That interpretation is the basis for the Company’s view that Steller can host several deposits of different styles carrying different metals. Antimony mineralization at Becker-Cochran forms no part of the current Mineral Resource Estimate, and the Company’s 2026 program remains directed at the gold and silver resources at Skukum Creek and Mt. Skukum.

Metallurgical Test Work and Antimony Concentrate Results

Bench-scale flotation tests were completed at ALS Metallurgy Kamloops with the >400 kg sample provided from the Becker-Cochran antimony occurrence located in the Yukon Territory, Canada. The material was selected from an east-southeast trending stibnite-bearing quartz vein that is interpreted to reflect the vein exposed in underground workings accessed from multiple adits immediate below.

With a primary grind sizing near 140µm K₈₀ and using lead nitrate as the stibnite activator and SIPX as the stibnite collector, excellent metallurgical performance was achieved with 95% antimony recovery to a stibnite concentrate which measured close to 66% antimony using rougher flotation followed by regrinding and two cleaner stages. This led to a final stage antimony concentrate grading 66.9% Sb. Antimony recovery to the final cleaner concentrate was 93.9%. These results are based on laboratory-scale rougher-cleaner testing and are preliminary in nature; they do not represent a feasibility-level process design or a commercial product specification.

Quality Assurance / Quality Control

The bulk sample used in this program were selected and prepared under the supervision of Freeman Smith. The ALS laboratory maintained its own internal QA/QC procedures to deliver these initial outcomes. QA/QC results were reviewed by Freeman Smith, and no material issues were identified that would affect the interpretation of the reported results.

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Freeman Smith, P.Geo., VP Exploration of Blue Jay Gold Corp., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Blue Jay Gold Corp.

Blue Jay Gold Corp. is a Canadian gold exploration company focused on growing and discovering resources within established gold producing regions in Canada. The Company’s flagship asset is the 100%-owned Steller Gold Project in southern Yukon, an infrastructure-supported, past-producing mine with significant exploration upside and clear near-term catalysts. Blue Jay has also built a portfolio of projects in Ontario. With strategically located assets and a leadership team experienced in geology and capital markets, Blue Jay will advance disciplined, modern exploration programs focused on target definition, resource growth, and new discoveries in known gold-mineralized regions. For more information, please visit: www.bluejaygoldcorp.com. 

ON BEHALF OF BLUE JAY GOLD CORP.

signed “Geordie Mark”
Geordie Mark, CEO

For additional information contact:

BLUE JAY GOLD CORP.

Geordie Mark CEO Blue Jay Gold Corp. info@bluejaygoldcorp.com Phone: (604) 235-4059

Eric Negraeff Investor Relations Blue Jay Gold Corp. eric@bluejaygoldcorp.com Phone: (604) 235-4059

^{Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release contain forward-looking information. Forward-looking information involves risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. These statements can be identified by the use of forward-looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans”). Forward-looking statements contained in this press release may include, but are not limited to, the results of drilling at the Becker-Cochran occurrence, the timing and scope of the rest of the Company’s exploration program, and future business plans of the Company. Such information involves known and unknown risks, including the receipt of regulatory approval, the results of future financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Blue Jay in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable securities laws and regulation, Blue Jay disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.}

Vancouver, BC, Sept. 21, 2026 (GLOBE NEWSWIRE) — Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce that, further to its news release dated July 14^th, 2026, it has closed the option agreement dated July 13^th, 2026 (the “Agreement”) with Apogee Minerals Ltd. (“Apogee”), an arm’s length party, pursuant to which Apogee may earn a 100% interest in Trident’s Knife Lake Copper Project located in Saskatchewan (the “Property”).

Location Map of Knife Lake Project:
https://www.tridentresourcescorp.com/projects/knife-lake-project/#&gid=1&pid=2

Agreement Terms:

Under the terms of the Agreement, Apogee may earn a 100% interest in the Property by satisfying the cash payment, share issuance and exploration expenditure commitments set out below.

Date	Cash Payment	Apogee Share Issuance	Exploration Expenditures
On the Closing Date	$100,000	7,400,000 Shares	—
On or before the first anniversary of the Closing Date	$150,000	Shares having a deemed value of $350,000(1)	Minimum $500,000
On or before the second anniversary of the Closing Date	$150,000	Shares having a deemed value of $350,000(1)	Additional $500,000
Total	$400,000	7,400,000 Shares plus Shares having a deemed value of $700,000(1)	$1,000,000

(1) The number of Shares issued for the first and second anniversary payments will be determined using the greater of $0.09 per Share and the 10-day volume weighted average closing price of the Shares on the TSX Venture Exchange at the applicable time. 

The Agreement also contains customary provisions limiting Trident’s ownership to below 10% of Apogee’s outstanding shares and preventing Trident from becoming a reporting insider of Apogee, with any excess consideration payable in cash. Apogee will act as operator on the Property during the option period, may accelerate the exercise of the option at any time by completing the required payments and exploration expenditures, and may elect to satisfy any portion of the required exploration expenditures in cash. All securities issued pursuant to the Agreement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. No finder’s fees were paid in connection with the Transaction.

Upon exercise of the Option, Apogee will hold a 100% interest in the Property, subject to existing underlying royalties consisting of a 2.5% net smelter returns (“NSR”) royalty payable to Summit Royalties Ltd. and a 1.5% NSR royalty payable to a private individual on certain mineral claims comprising the Property (collectively, the “Underlying NSR Royalties”).

Marketing Engagement:

Trident also announces it has entered into a media services contract (the “FFR Agreement”) with Freedom Financial Research, LLC (“FFR”). Pursuant to the terms of the FFR Agreement, FFR will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, and any other marketing services as agreed upon by the Company and FFR (the “FFR Services”) for distribution by email. The FFR Agreement has a term of 30 days, commencing upon launch today on September 21^st. The Company will make a one-time payment to FFR of US$150,000 as consideration for the Services and FFR may be contact at support@freedomfinancialresearch.com. The Company will not issue any securities to FFR as compensation. Both Christopher Carroll and FFR are arm’s length to the Company and do not have any interest, direct or indirect, in the Company or its securities nor do they have any right to acquire such an interest.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Cornell McDowell, P.Geo., VP Exploration for Trident Resources and the Qualified Person for Trident as defined by NI 43-101.

About Trident Resources Corp.

Trident Resources Corp. is a Canadian gold exploration company focused on advancing district-scale opportunities in Saskatchewan’s La Ronge Gold Belt. The Company has assembled a large and strategic land position encompassing the several gold projects, which host foundational gold resources, together with a growing portfolio of highly prospective regional exploration properties. 

Trident’s current exploration focus is at the 100%-owned Contact Lake Gold Project, host to a past-producing high-grade gold mine where active drill programs are underway to expand known mineralization and unlock the broader district-scale potential of the belt. Backed by a strong treasury as well as an experienced technical and capital markets team, Trident is advancing multiple opportunities with the goal of becoming a leading explorer in one of Canada’s emerging gold districts

To find out more about Trident Resources Corp. (TSX-V: ROCK) visit the Company’s website at www.tridentresourcescorp.com.

TRIDENT RESOURCES CORP.

“Jonathan Wiesblatt”
                                                                               
Jonathan Wiesblatt
CEO and Director

For further information, please contact:

Jonathan Wiesblatt, Chief Executive Officer
Email: Jon.Wiesblatt@tridentresourcescorp.com

Or:

Lubica Keighery, Corporate Communications
Email: lubica.keighery@tridentresourcescorp.com

Trident Resources Corp.
Telephone: 778-889-5476
Toll Free: 800-567-8181
Facsimile: 604-687-3119

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Forward-Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements regarding the timing and satisfaction of future Option Payments and exploration expenditure commitments under the Agreement, completing ongoing and planned work on its projects including drilling and the expected timing of such work programs, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold, copper and other metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of gold, copper and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Drilling through the eastern margin of the Kerr Open Pit and east of the 2026 Mineral Resource Estimate pit has defined mineralization from near surface to 300 metres depth in an area with limited previous drilling, strongly supporting an eastward extension of the open pit

TORONTO, Ontario, Sept. 21, 2026 (GLOBE NEWSWIRE) — Cadillac Mines Corporation (TSX: CADY), (“Cadillac Mines” or the “Company“) is pleased to announce assay results from expansion diamond drilling at the Chesterville East Extension (“CVE”) at Kerr-Addison (“KA”), located in Virginiatown, Ontario. Results are reported for a total of 68 drill holes from an ongoing property-wide infill and expansion diamond drill program.

Today’s release includes assay results from 68 drill holes totaling 28,304 metres of a planned 30,500 metres of expansion drilling at CVE, east of the former Chesterville Mine and the 2026 Mineral Resource Estimate (“MRE”) resource pit. All assay results reported in this release were received after the cut-off date for the 2026 MRE and were not used in that mineral resource estimate.

Chesterville East Extension Drilling Highlights

Selected highlight results include:

• 1.36 g/t Au over 4.8 m estimated true width (ETW) in hole KAD26-407
• 1.35 g/t Au over 5.2 m estimated true width (ETW) in hole KAD26-415
• 1.28 g/t Au over 10.1 m estimated true width (ETW) in hole KAD26-507
• 2.29 g/t Au over 3.2 m estimated true width (ETW) in hole KAD26-404
• 2.44 g/t Au over 7.5 m estimated true width (ETW), and 3.21 g/t Au over 3.4 m (ETW) in hole KAD26-473
• 1.50 g/t Au over 14.4 m estimated true width (ETW) in hole KAD26-442
• 1.33 g/t Au over 8.8 m estimated true width (ETW) in hole KAD26-433
• 2.02 g/t Au over 5.6 m estimated true width (ETW) in hole KAD26-501

Rick Howes, Chief Executive Officer of Cadillac Mines, stated, “These results open up an area east of the 2026 MRE resource pit that had seen very little drilling previously, clearly demonstrating that the mineralization defined within the Kerr Open Pit continues well beyond the pits eastern limit.” Mr. Howes continued, “This new mineralization is in an area that is not within our current mineral resource, and with continued drilling gives us a real opportunity to grow the Kerr open pit.”

Geology and Context of Results

The Kerr-Addison Deposit is an Archean orogenic gold system located in the Abitibi Greenstone Belt. It is spatially associated with the Larder Lake Cadillac Deformation Zone (LLCDZ), a major crustal fault that acted as a conduit for hydrothermal fluids and controlled the emplacement of gold mineralization. The Kerr Fault, a steeply north dipping subsidiary splay of the LLCDZ, strikes eastward across the property and is taken as the boundary between the hangingwall to the north and the footwall panels to the south. There are five main mineralized domains that host the Kerr mineralization: Green Carbonate and Flow domains, which constitute the Main Break mineralization that accounted for over 10 million ounces of historical gold production, and the Footwall (Chesterville or CVE), Albitic and Graphitic domains which accounted for under 0.5 Moz of historic production.

The holes highlighted in this news release were drilled east of the former Chesterville Mine, targeting the eastward continuation of the footwall panels in an area that had seen very little previous drilling. Drilling in this target area began in the fourth quarter of 2025 and the initial results made this a focus of the 2026 program. These results demonstrate that the mineralization continues east of the former Chesterville workings, from within the eastern margin of the 2026 MRE resource pit to approximately 350 metres east of it, and that mineralization is present through the full vertical section on the eastern margin. Of the 68 holes drilled, 61 returned composites above the 2026 MRE cutoff grade. Most of the intersections highlighted are in areas not modelled as mineralized in the 2026 MRE and are presented from furthest east and moving west towards the edge of the 2026 MRE resource pit.

• Holes KAD26-407, KAD26-415 and KAD26-507 (Figures 1, 3 & 4) on section B-B’ were drilled approximately 350 metres east of the 2026 MRE resource pit, in an area not modelled in the 2026 MRE. All three holes intersected footwall mineralization adjacent to the Kerr Fault at grades comparable to the open pit resource, approximately 260 metres below surface, indicating the footwall mineralization continues east of the Chesterville workings. KAD26-415 also intersected mineralization approximately 80 metres below surface over good width, at a grade below the open pit resource average but well above cut-off, in what is interpreted as a separate panel further south within the footwall.
• On section B-B’, hole KAD26-404 (Figures 1, 3 & 4) intersected hangingwall mineralization approximately 225 metres below surface at well above the open pit resource grade. This area was not modelled in the 2026 MRE, and the result confirms vertical continuity to 250 m below surface of hangingwall mineralization between the Kerr Fault and the LLCDZ.
• Hole KAD26-473 (Figures 1, 3 & 5) was drilled on section C-C’ approximately 125 metres east of the 2026 MRE resource pit. The hole returned two intersections on separate footwall panels, both in ground not modelled as mineralized in the 2026 MRE, which is present on this section only as a narrow shallow tail. The upper intersection, 2.44 g/t Au over 7.5 m (ETW), sits approximately 100 metres below surface at close to double the open pit resource average grade, immediately below an area modelled as Mineralization Potential. The lower intersection, 3.21 g/t Au over 3.4 m (ETW), sits approximately 140 metres below surface at more than double the open pit resource average grade, over roughly half the width of the upper intersection and adjacent to inferred material carried in the 2026 MRE to the south. Both intersections sit at shallow depth at grades well above the open pit resource average, east of the current pit limit.
• Holes KAD26-442 and KAD26-433 (Figures 1, 3 & 5) were drilled approximately 315 metres east of the 2026 MRE resource pit, testing the footwall domain approximately 300 metres below surface and well beyond the eastern limit of the pit. Both drill holes returned intersections at grades approximately equal to the open pit resource average, in an area not modelled as mineralized in the 2026 MRE and adjacent to volumes modelled as Mineralization Potential. Taken together these two holes define a single wide mineralized panel at this depth and demonstrate that the footwall mineralization continues east of the current pit limit.
• Hole KAD26-501 (Figures 1, 3 & 6) is the westernmost of the holes highlighted in this news release, approximately 60 metres east of the former Chesterville underground workings. The hole returned 2.02 g/t Au over 5.6 m (ETW) at a grade considerably above the open pit resource average, approximately 300 metres below surface and immediately adjacent to the Kerr Fault. The intersection sits roughly 25 metres below the eastern edge of the 2026 MRE resource pit, in ground not modelled as mineralized in that estimate, and above inferred blocks modelled in the 2026 MRE. The result demonstrates potential to deepen the pit along its eastern margin, where a revised pit shell could also capture the inferred material below the intersection.

Expansion drilling is continuing at the Chesterville East Extension, both to the east and at depth, and continuing to increase drill density in the area covered by this news release. This program is expected to conclude early in the fourth quarter of 2026.

Figure 1

Plan Map of selected highlight drill hole section locations with recently modelled Au grade shells.

Figure 2

Plan Map of all drill hole locations from this release, surface projection of 2026 Mineral Resource Estimate (MRE) with MRE pit outline at surface and section lines for the A-A’ presented in the current release.

Figure 3

Longitudinal section A-A’ looking northwest, showing all 2026 drill hole intersections from this release in full colour, with black outlines, previous drilling in semi-transparent. Intersections are sized by Au grade multiplied by metres. Intersection points with a black border and label correspond to the selected highlights presented in this release. Previously released and historical drill holes not shown.

Figure 4

Cross section B-B’ looking northeast, showing drill holes KAD26-404, KAD26-407, KAD26-415 and KAD26-507 with Mineralization Potential. Note that the 2026 MRE Resource Pit Shell does not extend to this section. Previously released and historical drill holes as well as intersections from this release that did not meet the highlight section criteria are shown in grey. Reported intervals are estimated true width (ETW).

Figure 5

Cross Section C-C’ looking northeast, showing drill holes KAD26-433, KAD26-442, and KAD26-473 with 2026 MRE Block Model, Mineralization Potential and 2026 MRE Resource Pit Shell. Previously released and historical drill holes as well as intersections from this release that did not meet the highlight section criteria are shown in grey. Reported intervals are estimated true width.

Figure 6

Cross Section D-D’ looking northeast, showing drill hole KAD26-501 with 2026 MRE Block Model, Mineralization Potential and 2026 MRE Resource Pit Shell. Previously released and historical drill holes as well as intersections from this release that did not meet the highlight section criteria are shown in grey. Reported intervals are estimated true width.

Table 1. Selected Significant Results

Hole ID		From (m)	To (m)	Downhole Interval (m)	ETW (m)	Au (g/t)	Horizon
KAD26-400		362.3	369.5	7.2	4.8	1.72	Footwall
KAD26-404		294.1	299.3	5.2	3.2	2.29	Hangingwall
KAD26-407		350.0	361.0	11.0	4.8	1.36	Footwall
KAD26-411		95.0	100.0	5.0	3.6	1.23	Footwall
KAD26-415		275.0	287.6	12.6	5.2	1.35	Footwall
KAD26-416		436.3	443.6	7.3	4.5	1.25	Hangingwall
KAD26-421		323.0	332.8	9.8	4.3	1.24	Footwall
		495.0	500.8	5.8	3.1	1.45	Hangingwall
KAD26-426		288.0	292.2	4.2	3.4	1.22	Hangingwall
KAD26-429		119.7	125.0	5.3	3.0	1.32	Footwall
KAD26-431		392.0	403.7	11.7	8.2	1.57	Hangingwall
KAD26-433		231.3	244.2	12.9	4.6	1.33	Footwall
		333.1	355.9	22.9	8.8	1.33	Footwall
	Incl.	341.0	349.6	8.6	3.3	2.85	Footwall
KAD26-436		265.0	274.0	9.0	4.5	1.54	Footwall
		339.0	352.2	13.2	5.2	1.53	Footwall
KAD26-442		311.8	340.5	28.8	14.4	1.50	Footwall
	Incl.	317.0	327.8	10.8	5.4	3.10	Footwall
KAD26-473		192.0	201.0	9.0	7.5	2.44	Footwall
		240.0	244.0	4.0	3.4	3.21	Footwall
KAD26-475		152.2	155.9	3.7	3.2	2.59	Hangingwall
		287.0	295.9	8.9	7.5	1.32	Footwall
KAD26-480		21.0	36.0	15.0	9.7	1.42	Footwall
KAD26-484A		149.6	154.0	4.4	3.7	1.53	Hangingwall
KAD26-501		336.0	346.0	10.0	5.6	2.02	Hangingwall
KAD26-507		249.9	267.0	17.1	10.1	1.28	Footwall
		511.0	515.0	4.0	3.0	1.48	Footwall
KAD26-527		31.0	37.0	6.0	4.0	1.22	Footwall

Notes on Table 1:

1. Estimated True Widths (ETW) are estimated based on drill hole Geology or comparison with other on-section drill holes.
2. The composite assay grades presented in the summary tables are calculated using a minimum average of 0.20 g/t for Au, with a maximum of 3.0 m internal waste and no grade capping.
3. Selected results presented in this table are those with a composite grade of at minimum 1.20 g/t Au over a minimum interval of 3.0 m.
4. Full results can be found here.

Table 2. Drill hole locations

Drill Hole	Easting	Northing	Elevation (masl)	Azimuth	Dip	Total Length (m)	Zone
KAD26-400	606355	5332902	316.4	356	-49	495	CVE Extension
KAD26-404	606424	5333012	315.6	343	-47	375	CVE Extension
KAD26-407	606424	5333012	315.6	342	-62	525	CVE Extension
KAD26-411	606465	5333072	302.0	328	-45	273	CVE Extension
KAD26-415	606465	5333072	302.0	330	-60	435	CVE Extension
KAD26-416	606355	5332902	316.4	341	-51	533	CVE Extension
KAD26-421	606424	5333012	315.6	330	-65	555	CVE Extension
KAD26-426	606574	5333474	321.5	195	-51	465	CVE Extension
KAD26-429	606424	5333012	315.6	303	-51	402	CVE Extension
KAD26-431	606559	5333540	319.0	175	-63	645	CVE Extension
KAD26-433	606424	5333012	315.6	314	-65	570	CVE Extension
KAD26-436	606424	5333012	315.6	314	-61	570	CVE Extension
KAD26-442	606424	5333012	316.4	328	-62	483	CVE Extension
KAD26-473	606318	5333260	334.7	170	-45	459	CVE Extension
KAD26-475	606216	5333212	329.9	133	-45	423	CVE Extension
KAD26-480	606278	5332945	332.6	339	-52	342	CVE Extension
KAD26-484A	606216	5333212	329.9	162	-52	549	CVE Extension
KAD26-501	606023	5333138	321.6	149	-63	723	CVE Extension
KAD26-507	606318	5333260	334.7	118	-73	600	CVE Extension
KAD26-527	606368	5333093	317.9	330	-47	165	CVE Extension

Notes on Table 2:

1. Table contains information for 2026 diamond drill holes of the CVE program with selected results presented in Table 1.
2. Coordinate system NAD83 UTM Zone 17N.
3. Full drill collar table can be found here.

2026 Exploration Summary and Outlook

Kerr-Addison is the flagship property of Cadillac Mines and is located along the historic Cadillac Larder Lake Break. In 2026, Cadillac is executing its largest ever annual drill campaign, targeting the completion of 145,000 meters of diamond drilling across its entire property portfolio, including Larder and Galloway, at a budgeted cost of approximately $65 million. Through the end of August 2026, Cadillac completed 89,373 metres of drilling, representing 61% of the full-year target. Currently Cadillac is operating 11 diamond drill rigs, with five focused on expanding mineralization at its newly acquired Galloway Property, one currently testing below the known mineralization at the Geminid Nickel target, and the remainder targeting infill and expansionary drilling at Kerr-Addison. It is expected that as the infill program winds down, existing rigs will be re-deployed to the Larder Project early in the fourth quarter.

During the fourth quarter, Cadillac Mines will also be planning and implementing a property wide airborne geophysical survey covering the Larder, Galloway and Kerr properties along with a ground based deep penetrating MT geophysical survey. In addition, Cadillac has contracted Geologic AI to scan over 40,000 m of historic Galloway core from the 400-hole historical diamond drill database, collecting continuous XRF chemistry plus hyperspectral mineralogy to aid in the geologic interpretation and re-assaying of select intervals of core for Copper and Molybdenum.

Mineral Resource Estimate

The third MRE for the Kerr-Addison Deposit was prepared in accordance with the CIM Definition Standards (2014) and CIM Best Practice Guidelines (2019), as incorporated by reference in NI 43-101. The effective date of the latest MRE is February 27, 2026, and the estimate was completed under the supervision of Maxime Ménard, P.Geo., the Qualified Person responsible for the estimate.

Table 3. 2026 Mineral Resource Estimate

Resource Category	Tonnage (Mt)	Gold Grade (g/t)	Metal Content (Moz Au)
Open Pit
Indicated	74.3	1.3	3.0
Inferred	13.6	0.6	0.3
Underground
Indicated	4.1	2.6	0.4
Inferred	12.3	4.9	1.9
Total
Indicated	78.5	1.3	3.4
Inferred	25.9	2.7	2.2

Notes on Table 3:

1. The Mineral Resource Estimate has been prepared in accordance with the CIM Definition Standards (2014) and CIM Best Practice Guidelines.
2. Numbers may not sum due to rounding.
3. Contained metal values are calculated using unrounded tonnage and grade values.
4. Mineral Resources are reported within constraining shapes that demonstrate reasonable prospects for eventual economic extraction.
5. Open pit Mineral Resources are reported within a conceptual pit shell using a cut-off grade of 0.20 g/t Au, based on the following parameters: gold price of USD 2,300/oz, exchange rate of 0.73 USD/CAD (1.37 CAD/USD), gold recovery of 91%, payable factor of 99%, royalty of 3%, selling cost of USD 5/oz, processing and G&A cost of CAD 16.50/t, mining cost of CAD 3.50/t mined, and an overall slope angle of 50°.
6. Underground Mineral Resources are reported within optimized stope shapes generated using the Deswik Stope Optimizer (DSO), based on a longhole open stoping mining method. These shapes were generated using a cut-off grade of 1.2 g/t Au, based on the following parameters: gold price of USD 2,300/oz, exchange rate of 0.73 USD/CAD (1.37 CAD/USD), gold recovery of 91%, payable factor of 99%, royalty of 3%, selling cost of USD 5/oz, processing and transport cost of CAD 13.60/t, mining cost of CAD 90.13/t mined, and G&A cost of CAD 6.72/t, for a total operating cost of CAD 110.45/t. Reported grades are undiluted and reflect in-situ estimates constrained by these shapes.
7. Bulk density values range from approximately 2.7 t/m³ to 2.94 t/m³, depending on lithology.
8. Mineral Resources have been classified in accordance with CIM guidelines; no Measured Mineral Resources have been defined.
9. Blocks located within historical mined voids and within the overburden had their gold value set to zero and are excluded from the Mineral Resource Estimate.
10. Underground Mineral Resources located within 12 m of historical stopes are reported as remnant material due to increased mining complexity and operational risks associated with extracting material adjacent to historical workings.
11. The Qualified Person responsible for the Mineral Resource Estimate is Maxime Ménard, P.Geo.
12. The Mineral Resource Estimate is based on an octree block model with a parent block size of 5 m × 5 m × 5 m, constructed in Leapfrog Edge and constrained by geological domains, topography and historical void models.

Quality Assurance and Quality Control Procedures

Cadillac Mines maintains an internal quality assurance and quality control (QA/QC) program at the Kerr-Addison Project to ensure sampling and analysis of all exploration work is conducted in accordance with industry-standard best practices.

Drill core is logged and sampled at core logging facilities in Virginiatown and Rouyn-Noranda under the supervision of a Qualified Geologist. Sample intervals are selected by a geologist based on geological observations, with sample numbers, certified reference materials (CRMs), and blanks inserted into the sample sequence and recorded in the database. Drill core is cut in half using an automated core saw equipped with a diamond-tipped blade. One half of the core is placed in labelled plastic sample bags and then packaged in rice bags for shipment, while the remaining half is returned to the core box and retained for future reference. Saws and surrounding areas are thoroughly cleaned at the end of every shift and between each hole.

Core samples are transported by Manitoulin Transport to ALS Geochemistry in Thunder Bay for sample preparation and gold analysis and then shipped to ALS Geochemistry in North Vancouver for multi-element analysis. Sample preparation includes crushing the sample to at least 70% passing 2 mm. A 500 g sub-sample is collected using a riffle splitter, transferred into a sealed and uniquely coded jar, and analyzed for gold by Photon Assay. A second sub-sample of up to 250 g is collected using a riffle splitter, pulverized to at least 85% passing 75 microns, and analyzed for multi-element chemistry using four-acid digestion of a 0.25 g analytical split with an ICP-AES finish.

Cadillac Mines inserts CRMs (5%), blanks (5%), and duplicate (5%) samples into the sample stream to monitor analytical accuracy, contamination, and sampling precision. ALS Laboratories are an ISO/IEC accredited laboratory and maintain internal quality control procedures, including the insertion of laboratory blanks, reference materials, and pulp duplicates.

Qualified Person

Mr. Kerry Sparkes, M.Sc. P.Geo is Cadillac’s SVP Exploration and the Qualified Person who has approved the technical information disclosed in this release.

Messrs. Maxime Menard, P.Geo and Sunil Koppalkar, P.Eng., from G Mining Services Inc. are the Qualified Persons (QPs) responsible for the preparation of the Kerr Addison Mineral Resource Estimate.

About Cadillac Mines

Cadillac Mines Corporation is a Canadian mineral exploration company advancing a growing portfolio of gold and critical mineral projects along the prolific Cadillac-Larder Lake Break in Ontario and Québec. Anchored by the historic Kerr-Addison Mine, the Company is focused on expanding its gold resource base, advancing the Geminid nickel deposit and unlocking the broader potential of its district-scale Abitibi land position. Through disciplined exploration, technical excellence and responsible development, Cadillac Mines is working to create lasting value for shareholders, communities and other stakeholders. For more information about the Company, please visit www.cadillacmines.com.

For further information, please contact:

Hannes Portmann, Chief Financial Officer
hportmann@cadillacmines.com 

Forward-Looking Information

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to future development plans and the business and operations of the Company. Forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets; results of exploration; the economics of processing methods; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties.

There can be no assurance that such statements 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 statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/abf25d8b-020b-47d4-a29c-2ad92d26acb9
https://www.globenewswire.com/NewsRoom/AttachmentNg/aee073fe-93ea-458c-98ad-a138b380bd56
https://www.globenewswire.com/NewsRoom/AttachmentNg/f6fff920-f4bd-4d80-85e0-889c07beacf1
https://www.globenewswire.com/NewsRoom/AttachmentNg/606fcf06-4659-465a-8731-aa2bf370ae7b
https://www.globenewswire.com/NewsRoom/AttachmentNg/0712fac9-064c-41d0-b396-73857b405af9
https://www.globenewswire.com/NewsRoom/AttachmentNg/67ec115d-21c4-45cb-9027-9ff183fa81b5

FREMONT, Calif., Sept. 21, 2026 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that the Enphase^® IQ^® Meter Collar is now approved for behind-the-meter installation by 80 utilities that collectively serve more than 38 million customers across the United States and Canada.

The IQ Meter Collar is now approved by all three major investor-owned electric utilities in California and the Sacramento Municipal Utility District (SMUD), expanding access to whole-home backup across the state. Hawaiian Electric has also approved initial pilot installations, with full approval expected in the coming months. Additional utility approvals are expected soon. See the full list on the Enphase website.

The IQ Meter Collar is a compact microgrid interconnection device that mounts behind the utility meter or on a standalone meter socket. It enables whole-home backup without moving circuits to a dedicated backup sub-panel or installing additional consumption current transformers, while providing safe grid isolation. As a key component of the 4th-generation Enphase Energy System, alongside the IQ^® Battery 10C and the IQ^® Combiner 6C, it helps reduce equipment, wiring complexity, and installation time. With integrated metering and streamlined commissioning, the system helps installers complete more installations in a single day and is backed by a 15-year limited warranty.

“Utility approval of the Enphase meter collar opens the door for us to deploy whole-home backup at much greater scale,” said Dan Moncayo, owner of HPM Solar, an installer of Enphase products based in Southern California. “The IQ Meter Collar significantly simplifies installation, reduces equipment on the wall, and helps us deliver a cleaner, faster experience for homeowners while meeting utility requirements.”

“With SMUD approving the IQ Meter Collar, we now have a streamlined way to offer whole-home backup that aligns with local utility standards,” said Ed Murray, president of Aztec Solar, an installer of Enphase products based in Northern California. “It allows us to complete installations more efficiently and expand access to reliable home energy systems for more customers.”

“Hawaii has one of the highest electricity rates in the country and a real need for resilient, whole-home backup,” said Cruz Romero, owner of Hi Power Solar, an installer of Enphase products based in Hawaii. “The IQ Meter Collar gives us a faster, cleaner way to deliver that to homeowners across the islands, with less equipment on the wall and fewer steps in the install.”

“With utility approval of the IQ Meter Collar now in place, we’re able to accelerate battery deployments across our service territory in ways we couldn’t before,” said Kent Harle, CEO of Stellar Solar, an installer of Enphase products based in San Diego. “In markets like San Diego, where programs like the San Diego Community Power Solar Battery Savings program are creating real financial incentives for homeowners, having a faster, simpler installation solution means we can help more customers take advantage of those opportunities before they’re gone.”

“Getting utility approval for the IQ Meter Collar has opened up a whole new level of service for our customers,” said Jeff Long, president and CEO of Infinium Solar, an installer of Enphase products based in the PG&E service territory. “We can now offer whole-home backup with a simpler installation process, which means faster deployments and a better experience for homeowners.”

“Utility approvals are critical to scaling whole-home backup,” said Ken Fong, senior vice president of sales at Enphase Energy. “With the IQ Meter Collar now approved by 80 utilities, we are removing a key barrier to battery adoption, enabling installers to bring our 4th-generation Enphase Energy System to more homeowners, faster and more efficiently.”

For more information about the IQ Meter Collar and the 4th-generation Enphase Energy System, please visit the Enphase website.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.

©2026 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, functionality, and reliability; the expected benefits of the IQ Meter Collar; the timing of utility approvals; the timing and availability of Enphase Energy products; the expected approval of the IQ Meter Collar by additional utilities; and anticipated installer and homeowner benefits. These forward-looking statements are based on Enphase Energy’s current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for home energy systems, battery storage systems, and related products; competitive developments; utility approval processes and requirements; changes in utility programs, incentive programs, regulatory requirements, or compliance standards; product performance and reliability under actual operating conditions; supply chain availability and costs; and other factors discussed in Enphase Energy’s filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.

Contact:

Enphase Energy
press@enphaseenergy.com

SYDNEY, AUSTRALIA, Sept. 21, 2026 (GLOBE NEWSWIRE) — Immutep Limited (ASX: IMM; NASDAQ: IMMP) (“Immutep” or “the Company”), a late-stage immunotherapy company targeting cancer and autoimmune diseases, today announces a change to the ratio of its American Depositary Shares (“ADSs”), which are quoted on the Nasdaq Global Market under the symbol IMMP.

With effect from the commencement of trading on the Nasdaq Global Market on 28 September 2026 (US Eastern time), the ADS ratio will change from one (1) ADS representing ten (10) ordinary shares to one (1) ADS representing two hundred (200) ordinary shares. For holders of ADSs, the change has the same practical effect as a reverse split of the ADSs on the basis of one (1) new ADS for every twenty (20) ADSs held.

The Company’s ordinary shares quoted on the ASX are not affected by the change. The number of ordinary shares on issue does not change, no ordinary shares are being issued or cancelled, and the change does not alter the proportionate economic interest of any shareholder or ADS holder in the Company, other than in respect of fractional entitlements as described below. The change does not require shareholder approval.

Item	Detail
Current ratio	1 ADS = 10 ordinary shares
New ratio	1 ADS = 200 ordinary shares
Exchange ratio	1 “new” ADS for every 20 “old” ADSs held
Effective date	28 September 2026 (US Eastern time)
Nasdaq ticker	IMMP (unchanged)
Old ADS CUSIP	45257L108
New ADS CUSIP	45257L207
Ordinary share ISIN	AU000000IMM6 (unchanged)
ADSs on issue	Approximately 32.8 million before the change; approximately 1.64 million after the change.
Ordinary shares on issue	1,473,721,306 (unchanged)
Fractional entitlements	Cash in lieu, no fee deducted, expected to be paid one to two days after the effective date
ADS cancellation fee	Nil for this event
Depositary	The Bank of New York Mellon (“BNY”), under the deposit agreement dated 16 April 2012

Reason for the change

As announced on 30 April 2026, Immutep received notification from The Nasdaq Stock Market LLC (“Nasdaq”) that the closing bid price of its ADSs had been below US$1.00 for 30 consecutive business days and that the Company was therefore not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(1). To regain compliance, the closing bid price of the ADSs must be at or above US$1.00 for a minimum of 10 consecutive business days, which Nasdaq may in its discretion extend to up to 20 consecutive business days, before the end of the compliance period on 26 October 2026.

The change in ADS ratio is a technical step directed at that requirement. In setting the new ratio, the Board took into account that a further minimum bid price deficiency arising within 12 months of a ratio change does not attract an additional compliance period. The ratio has accordingly been set to provide a generous margin above the US$1.00 requirement rather than to reflect the current trading price of the ADSs.

The Company remains listed on the Nasdaq Global Market and its ordinary shares remain quoted on the ASX. The change in ratio does not affect the number of ordinary shares on issue, the Company’s capital structure, its cash position or its clinical development programmes.

Effect on ADS holders

• On the effective date, every twenty (20) existing ADSs will be exchanged for one (1) new ADS. The exchange is mandatory, and it occurs automatically for ADSs held in the Direct Registration System or through the Depository Trust Company, so no action is required by those holders. Any holder who still holds a physical ADR certificate should contact BNY or their broker.

• Only whole ADSs will be issued. BNY will aggregate and sell the ADSs representing fractional entitlements and distribute the cash proceeds to the holders entitled to them. No fee will be deducted from that payment, which BNY expects to make one to two days after the effective date.

• The Nasdaq ticker IMMP is unchanged and the ISIN of the Company’s ordinary shares is unchanged. A new CUSIP and a new ISIN will apply to the ADSs.

• BNY’s books will be closed for all issuance and cancellation transactions on CUSIP 45257L108 from the close of business September 25, 2026. BNY anticipates that on September 28, 2026, the books will be opened for all issuance and cancellation transactions on CUSIP 45257L207. Holders with a conversion between ordinary shares and ADSs in progress over that period should contact their broker.

• A change in the ADS ratio may affect the fees payable by ADS holders under the deposit agreement, as those fees are charged by the depositary on a per-ADS basis.

• BNY will issue a notice of the change to the Depository Trust Company and to Nasdaq, and will post that notice on its depositary receipts website, adrbny.com. Holders who hold through a broker, bank or nominee should direct questions about their own holding to that intermediary.

• Holders of ordinary shares on the ASX need take no action; their holdings are unchanged.

Regulatory process and indicative timetable

The Company has lodged the Nasdaq Company Event Notification Form in respect of the change. A Form 6-K will be furnished to the U.S. Securities and Exchange Commission, and the revised form of American Depositary Receipt will be filed with the U.S. Securities and Exchange Commission by the depositary pursuant to Rule 424(b)(3). The change does not require any corporate action in respect of the Company’s ASX-quoted ordinary shares.

Date	Step
28 September 2026	Ratio change effective; ADSs begin trading on the new basis under the new CUSIP
29 September 2026	First trading day counted towards the minimum bid price requirement
On or about 30 September 2026	Cash in lieu of fractional entitlements paid
26 October 2026	End of the Nasdaq compliance period

Dates after the effective date are indicative and depend on the depositary’s and Nasdaq’s processing.

About Immutep

Immutep is a late-stage biotechnology company developing novel immunotherapies for cancer and autoimmune disease. The Company is a pioneer in the understanding and advancement of therapeutics related to Lymphocyte Activation Gene-3 (LAG-3), and its diversified product portfolio harnesses LAG-3’s ability to stimulate or suppress the immune response. Immutep is dedicated to leveraging its expertise to bring innovative treatment options to patients in need and to maximise value for shareholders. For more information, please visit www.immutep.com.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the timing and implementation of the change in ADS ratio and the Company’s expectation of regaining compliance with the Nasdaq minimum bid price requirement. These forward-looking statements are based on current expectations, estimates and projections, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or implied in such statements.

Factors that could cause actual results to differ materially include risks associated with clinical trial outcomes, regulatory developments, and the Company’s ability to advance its product candidates.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Immutep undertakes no obligation to update or revise such statements, except as required by applicable law.

Disclaimer

This announcement has been prepared for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, securities in any jurisdiction.

Australian Investors/Media:
Eleanor Pearson, Sodali & Co.
+61 2 9066 4071; eleanor.pearson@sodali.com

US Investors/Media
Matthew Beck, astr partners
+1 (917) 415-1750; matthew.beck@astrpartners.com

This announcement was authorised for release by the Board of Immutep Limited.