VANCOUVER, British Columbia, Sept. 28, 2026 (GLOBE NEWSWIRE) — King Copper Discovery Corp. (“King Copper” or the “Company”) (TSX-V: KCP, OTCQB: TBXXF, FSE: 3RIO) is pleased to announce that Dr. David Burrows has joined the Company’s Technical Advisory Team following his review of historical drill core, geological data and the broader exploration opportunity at the Colquemayo Copper Project in southern Peru.

Dr. Burrows brings more than 30 years of global exploration experience, including as Chief Geologist, Global Exploration at Vale for 16 years (2006-2022) and before that at Inco Exploration (1990-2006). His career has included extensive exploration experience across porphyry Cu-Au-(Mo) and high-sulphidation epithermal systems in Indonesia, the Philippines, Peru and Chile.

Importantly, Dr. Burrows was a member of the discovery team responsible for the Onto Cu-Au discovery in Indonesia, which received the 2025 PDAC Thayer Lindsley Award for an international mineral discovery. He is also co-author of “The Onto Cu-Au Discovery, Eastern Sumbawa, Indonesia: A Large, Middle Pleistocene Lithocap-Hosted High-Sulfidation Covellite-Pyrite Porphyry Deposit.”

His experience evaluating large-scale porphyry and high-sulphidation systems complements King Copper’s ongoing technical work at Colquemayo, where the Company has identified five priority porphyry targets beneath and adjacent to an extensive high-sulphidation lithocap and historically drilled copper mineralization.

Dr. Burrows holds a Ph.D. and M.Sc. in Economic Geology from the University of Toronto and a B.A. in Natural Sciences (Geology) from Trinity College Dublin. He is also an Adjunct Professor of Geology at Laurentian University.

Dr. Burrows joins a technical team that includes Doug Kirwin, Lead Strategic and Technical Advisor, and Chico Azevedo, Vice President of Exploration.

Jonathan Richards, Chief Executive Officer, commented: “We are very pleased to welcome David to King Copper Discovery’s Technical Advisory Team. His extensive experience with porphyry and high-sulphidation systems, including his involvement in the award winning Onto Cu-Au discovery, is highly relevant to the geological setting we are evaluating at the Colquemayo Copper Project. David has had the opportunity to review our historical drill core and technical data, and his perspective will be valuable as we continue to refine our geological model and advance our priority targets toward drilling. With David joining Doug Kirwin and Chico Azevedo, we have assembled an exceptional depth of global discovery and exploration experience around Colquemayo.”

The appointment follows a period of significant technical and corporate advancement at Colquemayo, including the recent expansion of King Copper’s land position across the broader Colquemayo copper district.

King Copper Technical Team Leadership

Chico Azevedo – Vice President of Exploration

  • Former Exploration Manager, IAMGOLD, Argentina
  • Former South America Exploration Manager, Gold Fields, where he led exploration teams during the discovery and development of the Salares Norte gold-silver deposit and advancement of the Chucapaca gold-copper-silver deposit (currently the San Gabriel mine, operated by Buenaventura).
  • Past President, Society of Economic Geologists
  • Recipient of the SEG 2026 Ralp W. Marsden Award

Doug Kirwin – Lead Strategic and Technical Advisor

  • Former Executive Vice President of Ivanhoe Mines (1996–2012)
  • Co-recipient of the 2004 PDAC Thayer Lindsley Award for Best Global Discovery as a member of the joint discovery team responsible for the Hugo Dummett orebody at Oyu Tolgoi
  • Past President, Society of Economic Geologists
  • Adjunct Professor of Geology, James Cook University

Dr. David Burrows – Technical Advisor

  • Former Chief Geologist, Global Exploration, Vale
  • More than 30 years of global exploration experience, including extensive work on porphyry and high-sulphidation systems
  • Member of the Onto Cu-Au discovery team, recipient of the 2025 PDAC Thayer Lindsley Award for Best Global Discovery
  • Adjunct Professor of Geology, Laurentian University

Advancing Colquemayo

King Copper continues to advance Colquemayo toward its inaugural drill program, with recent progress including:

  • Relogging and reinterpretation of more than 20,000 metres of historical drill core and integration into an updated 3D geological model.
  • Identification of five priority porphyry targets across the approximately 12km by 4km high-sulphidation lithocap.
  • Recent approval of Declaración de Impacto Ambiental (“DIA”) permit that allows for 36,000 metres of diamond drilling from 40 drill platforms across 59 drill holes.
  • Drill contractor selection and remaining pre-mobilization requirements advancing.

The fully funded drill program is designed to systematically test the broader potential of the Colquemayo mineral
ized system.

On Behalf of the Company,
Jonathan Richards, Chief Executive Officer and Director.

Contact Information:
Harp Gosal | Director of Capital Markets & Communications
E: hgosal@kingcopperdiscovery.com
Website: www.kingcopperdiscovery.com
Address: #1012-1030 West Georgia St., Vancouver, BC V6E 3M5

For Investor Relations enquiries, please contact +1 604 218 1142

Statements

About King Copper Discovery Corp and Our Projects: King Copper is a TSXV-listed exploration company focused on the Colquemayo copper-gold project in South America. The Company is led by a team responsible for multiple copper-gold-silver discoveries.

Forward Looking Statement: This news release includes certain statements that may be deemed “forward-looking statements”. 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, including the expected closing date of the Financing, the investor’s expected ownership interest in King Copper and the expected use of proceeds from the Financing. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. 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. Factors that could cause the actual results to differ materially from those in forward-looking statements include the receipt of regulatory approvals, market prices, continued availability of capital and financing, and general economic, market or business conditions, as well as legal, social, and economic conditions in Argentina and Peru, where the Company’s mineral exploration properties are located. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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 release or has in any way approved or disapproved of the contents of this press release.

NEW YORK, N.Y. and JERSEY CITY, N.J., Sept. 28, 2026 (GLOBE NEWSWIRE) — Valley National Bancorp (“Valley”) (NASDAQ: VLY) and Bluevine Inc. (“Bluevine”) announced today that they have entered into a definitive agreement whereby Valley will acquire Bluevine, a leading nationwide digital banking platform for small businesses.

The acquisition directly aligns with Valley’s stated strategic priorities of enhancing its funding base, expanding its small business franchise, and accelerating its digital and artificial intelligence (“AI”) strategy. Bluevine will bring Valley a scaled, high-growth digital small business platform; $2.1 billion of low-cost, digitally-sourced deposits which Bluevine and Valley intend to grow over time; and an established suite of integrated banking, payments, lending and financial-management solutions designed for small businesses across the country. Additionally, Bluevine’s engineering, product, data science and AI talent will help accelerate Valley’s long-term technology strategy, which includes a focus on broader development of internal capabilities and less reliance on third-party software and service providers.

Founded in 2013 and headquartered in Jersey City, New Jersey, Bluevine serves approximately 175,000 active small business customers and was voted 2026 Best Overall Small Business Bank by Money.com and 2026 Best Online Business Checking Account by NerdWallet. Bluevine has demonstrated momentum in building small business operating relationships, with platform-generated deposits increasing at an approximately 35% compound annual growth rate from 2023 through the second quarter of 2026. Approximately 99% of these deposits are currently from non-borrowing customers, which is expected to provide Valley with access to a diversified, relationship-driven source of core funding.

The transaction adds a nationwide digital acquisition channel to complement Valley’s long-standing relationship-led banking model. By gaining access to Valley’s branch network and broader treasury management, credit, insurance, wealth and capital markets solutions, Bluevine customers will benefit from a more holistic value proposition as clients of the combined organization. Valley’s existing small business customers will benefit from Bluevine’s industry-leading digital platform which combines business checking, payments, bill pay, invoicing, lending and financial-management capabilities in a unified experience for small businesses.

The acquisition will also accelerate Valley’s technology and AI strategy by adding approximately 180 research and development professionals and engineers, primarily located in established technology hubs like Redwood City, California; Jersey City, New Jersey; Salt Lake City, Utah; and Tel Aviv, Israel. Bluevine brings a highly capable engineering culture, modern technology architecture, and meaningful experience applying data and AI solutions to small business workflows. Owning these capabilities will give Valley greater control over its customer experience, more speed in bringing solutions to market, and a durable foundation for further innovation beyond Bluevine’s legacy small business focus areas.

Under the terms of the proposed transaction, Valley will acquire Bluevine for total consideration of approximately $340 million. The consideration is expected to consist of approximately 75% cash and 25% Valley common stock, subject to the terms of the definitive agreement and customary adjustments. Inclusive of expected synergies, the acquisition is expected to be approximately 8% accretive to estimated 2028 earnings per share. The transaction is also expected to result in approximately 5% tangible book value dilution at closing, with an estimated earn back period of approximately 3 years.

Ira Robbins, Valley’s Chairman, President & CEO commented that, “The acquisition of Bluevine directly advances the strategic priorities we have previously communicated to our shareholders. It is expected to enhance our core funding capabilities, add a proven small business growth platform and meaningfully accelerate our digital and AI capabilities. Bluevine has built an impressive franchise which has generated a diversified base of small business operating deposit relationships, a highly engaged customer community and a modern technology platform purpose-built for the needs of small businesses.” He also stated, “By combining Valley’s balance sheet and product capabilities with Bluevine’s digital platform and customer-acquisition engine, we can accelerate our aspiration to be the bank of choice for small businesses across the country. The combination also creates a compelling cross-sell opportunity to further deepen the scope of the current banking relationships across both Valley and Bluevine customer bases by delivering a broader set of products and an enhanced customer experience.”

Eyal Lifshitz, Co-Founder & CEO of Bluevine said, “Bluevine was founded to give small business owners the financial tools and digital experience they need to manage and grow their businesses. Valley shares that commitment and brings the balance sheet capacity, relationship banking expertise and broader capabilities necessary to support our customers through every stage of their journey. Together, we will be able to expand our impact while preserving the technology, customer focus and entrepreneurial culture that have driven Bluevine’s success. We look forward to joining Valley and continuing to enhance our small business banking platform.” Following the transaction close, Mr. Lifshitz will join Valley as Head of Small Business Banking.

The acquisition is expected to close in early 2027, subject to standard regulatory approvals, and the satisfaction or waiver of other customary closing conditions. An investor presentation with additional information about the transaction can be found on Valley’s website at www.valley.com.

Cantor Fitzgerald & Co. is serving as financial advisor to Valley and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Valley. Financial Technology Partners acted as the exclusive advisor to Bluevine and its Board of Directors in the sale to Valley. Sidley Austin LLP served as legal counsel to Bluevine.

Investor Conference Call

Valley executives will host a conference call at 8:30 AM Eastern Standard Time today to discuss this transaction. Those wishing to participate should pre-register using this link: https://register-conf.media-server.com/register/BIecb95d105ce54ea584b76feeda2143b3 to receive the dial-in number and a personal PIN, which are required to access the conference call. The teleconference will also be webcast live at: https://edge.media-server.com/mmc/p/udw2c42h.

About Valley

As the principal subsidiary of Valley National Bancorp (NASDAQ: VLY), Valley National Bank is a regional financial institution with over $66 billion in assets. Founded in 1927, Valley has more than 220 branch locations and commercial offices across New Jersey, New York, Florida, Alabama, California, Illinois, Pennsylvania and Arizona, while serving clients nationwide. Valley delivers a full range of consumer, commercial, and wealth management solutions designed to support everything from homeownership and business growth to long-term financial planning. Big enough to support complex financial needs and small enough to stay deeply connected, Valley is grounded in a relationship-led approach focused on understanding people first. That same relationship-led approach guides Valley’s commitment to community investment and responsible corporate citizenship. To learn more, visit www.valley.com or call the Valley Customer Care Center at 800-522-4100.

About Bluevine

Founded in 2013 and headquartered in Jersey City, New Jersey, Bluevine provides an integrated suite of digital banking, payments, lending and financial-management solutions designed for small businesses. As of June 2026, Bluevine served approximately 175,000 active small business customers and had served more than 415,000 businesses since inception. Visit www.bluevine.com for more information.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include expressions about management’s confidence and strategies and management’s expectations about our business, new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These statements may be identified by forward-looking terminology such as “intend,” “should,” “expect,” “believe,” “position,” “view,” “opportunity,” “allow,” “continues,” “reflects,” “would,” “could,” “typically,” “usually,” “anticipate,” “may,” “estimate,” “outlook,” “project” or similar statements or variations of such terms. Such forward-looking statements involve certain risks and uncertainties. Actual results may differ materially from such forward-looking statements. A detailed discussion of factors that could affect our results is included in our SEC filings, including Item 1A. “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in our expectations, except as required by law. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

Contacts:
Valley National Bancorp   Bluevine Inc.
Travis Lan   Eyal Lifshitz
Senior Executive Vice President and   Co-Founder and
Chief Financial Officer   Chief Executive Officer
973-686-5007   203-535-7170
     

NEW YORK, N.Y. and JERSEY CITY, N.J., Sept. 28, 2026 (GLOBE NEWSWIRE) — Valley National Bancorp (“Valley”) (NASDAQ: VLY) and Bluevine Inc. (“Bluevine”) announced today that they have entered into a definitive agreement whereby Valley will acquire Bluevine, a leading nationwide digital banking platform for small businesses.

The acquisition directly aligns with Valley’s stated strategic priorities of enhancing its funding base, expanding its small business franchise, and accelerating its digital and artificial intelligence (“AI”) strategy. Bluevine will bring Valley a scaled, high-growth digital small business platform; $2.1 billion of low-cost, digitally-sourced deposits which Bluevine and Valley intend to grow over time; and an established suite of integrated banking, payments, lending and financial-management solutions designed for small businesses across the country. Additionally, Bluevine’s engineering, product, data science and AI talent will help accelerate Valley’s long-term technology strategy, which includes a focus on broader development of internal capabilities and less reliance on third-party software and service providers.

Founded in 2013 and headquartered in Jersey City, New Jersey, Bluevine serves approximately 175,000 active small business customers and was voted 2026 Best Overall Small Business Bank by Money.com and 2026 Best Online Business Checking Account by NerdWallet. Bluevine has demonstrated momentum in building small business operating relationships, with platform-generated deposits increasing at an approximately 35% compound annual growth rate from 2023 through the second quarter of 2026. Approximately 99% of these deposits are currently from non-borrowing customers, which is expected to provide Valley with access to a diversified, relationship-driven source of core funding.

The transaction adds a nationwide digital acquisition channel to complement Valley’s long-standing relationship-led banking model. By gaining access to Valley’s branch network and broader treasury management, credit, insurance, wealth and capital markets solutions, Bluevine customers will benefit from a more holistic value proposition as clients of the combined organization. Valley’s existing small business customers will benefit from Bluevine’s industry-leading digital platform which combines business checking, payments, bill pay, invoicing, lending and financial-management capabilities in a unified experience for small businesses.

The acquisition will also accelerate Valley’s technology and AI strategy by adding approximately 180 research and development professionals and engineers, primarily located in established technology hubs like Redwood City, California; Jersey City, New Jersey; Salt Lake City, Utah; and Tel Aviv, Israel. Bluevine brings a highly capable engineering culture, modern technology architecture, and meaningful experience applying data and AI solutions to small business workflows. Owning these capabilities will give Valley greater control over its customer experience, more speed in bringing solutions to market, and a durable foundation for further innovation beyond Bluevine’s legacy small business focus areas.

Under the terms of the proposed transaction, Valley will acquire Bluevine for total consideration of approximately $340 million. The consideration is expected to consist of approximately 75% cash and 25% Valley common stock, subject to the terms of the definitive agreement and customary adjustments. Inclusive of expected synergies, the acquisition is expected to be approximately 8% accretive to estimated 2028 earnings per share. The transaction is also expected to result in approximately 5% tangible book value dilution at closing, with an estimated earn back period of approximately 3 years.

Ira Robbins, Valley’s Chairman, President & CEO commented that, “The acquisition of Bluevine directly advances the strategic priorities we have previously communicated to our shareholders. It is expected to enhance our core funding capabilities, add a proven small business growth platform and meaningfully accelerate our digital and AI capabilities. Bluevine has built an impressive franchise which has generated a diversified base of small business operating deposit relationships, a highly engaged customer community and a modern technology platform purpose-built for the needs of small businesses.” He also stated, “By combining Valley’s balance sheet and product capabilities with Bluevine’s digital platform and customer-acquisition engine, we can accelerate our aspiration to be the bank of choice for small businesses across the country. The combination also creates a compelling cross-sell opportunity to further deepen the scope of the current banking relationships across both Valley and Bluevine customer bases by delivering a broader set of products and an enhanced customer experience.”

Eyal Lifshitz, Co-Founder & CEO of Bluevine said, “Bluevine was founded to give small business owners the financial tools and digital experience they need to manage and grow their businesses. Valley shares that commitment and brings the balance sheet capacity, relationship banking expertise and broader capabilities necessary to support our customers through every stage of their journey. Together, we will be able to expand our impact while preserving the technology, customer focus and entrepreneurial culture that have driven Bluevine’s success. We look forward to joining Valley and continuing to enhance our small business banking platform.” Following the transaction close, Mr. Lifshitz will join Valley as Head of Small Business Banking.

The acquisition is expected to close in early 2027, subject to standard regulatory approvals, and the satisfaction or waiver of other customary closing conditions. An investor presentation with additional information about the transaction can be found on Valley’s website at www.valley.com.

Cantor Fitzgerald & Co. is serving as financial advisor to Valley and Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Valley. Financial Technology Partners acted as the exclusive advisor to Bluevine and its Board of Directors in the sale to Valley. Sidley Austin LLP served as legal counsel to Bluevine.

Investor Conference Call

Valley executives will host a conference call at 8:30 AM Eastern Standard Time today to discuss this transaction. Those wishing to participate should pre-register using this link: https://register-conf.media-server.com/register/BIecb95d105ce54ea584b76feeda2143b3 to receive the dial-in number and a personal PIN, which are required to access the conference call. The teleconference will also be webcast live at: https://edge.media-server.com/mmc/p/udw2c42h.

About Valley

As the principal subsidiary of Valley National Bancorp (NASDAQ: VLY), Valley National Bank is a regional financial institution with over $66 billion in assets. Founded in 1927, Valley has more than 220 branch locations and commercial offices across New Jersey, New York, Florida, Alabama, California, Illinois, Pennsylvania and Arizona, while serving clients nationwide. Valley delivers a full range of consumer, commercial, and wealth management solutions designed to support everything from homeownership and business growth to long-term financial planning. Big enough to support complex financial needs and small enough to stay deeply connected, Valley is grounded in a relationship-led approach focused on understanding people first. That same relationship-led approach guides Valley’s commitment to community investment and responsible corporate citizenship. To learn more, visit www.valley.com or call the Valley Customer Care Center at 800-522-4100.

About Bluevine

Founded in 2013 and headquartered in Jersey City, New Jersey, Bluevine provides an integrated suite of digital banking, payments, lending and financial-management solutions designed for small businesses. As of June 2026, Bluevine served approximately 175,000 active small business customers and had served more than 415,000 businesses since inception. Visit www.bluevine.com for more information.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include expressions about management’s confidence and strategies and management’s expectations about our business, new and existing programs and products, acquisitions, relationships, opportunities, taxation, technology, market conditions and economic expectations. These statements may be identified by forward-looking terminology such as “intend,” “should,” “expect,” “believe,” “position,” “view,” “opportunity,” “allow,” “continues,” “reflects,” “would,” “could,” “typically,” “usually,” “anticipate,” “may,” “estimate,” “outlook,” “project” or similar statements or variations of such terms. Such forward-looking statements involve certain risks and uncertainties. Actual results may differ materially from such forward-looking statements. A detailed discussion of factors that could affect our results is included in our SEC filings, including Item 1A. “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in our expectations, except as required by law. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

Contacts:
Valley National Bancorp   Bluevine Inc.
Travis Lan   Eyal Lifshitz
Senior Executive Vice President and   Co-Founder and
Chief Financial Officer   Chief Executive Officer
973-686-5007   203-535-7170
     

Advanced AI infrastructure made available at nominal cost is expected to accelerate model development, tuning, experimentation, and evaluation supporting Fusemachines’ AI Twin technology

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fusemachines Inc. (NASDAQ: FUSE), a leading provider of enterprise AI products and services, today announced that modulAIre, an IBM Platinum Business Partner, has provided Fusemachines access to its IBM Fusion infrastructure at nominal cost as part of the companies’ existing strategic partnership, significantly expanding the advanced computing infrastructure available to Fusemachines as it continues development of its recently unveiled AI Twin technology.

The expanded infrastructure access is expected to enable Fusemachines’ research and engineering teams to experiment with, evaluate and improve the AI models and systems underlying AI Twin technology at a more rapid pace.

Fusemachines and modulAIre announced their strategic partnership in February 2026 to combine Fusemachines’ AI technology and development capabilities with modulAIre’s expertise across IBM technologies and infrastructure. The latest initiative expands that relationship into research and technology development, with modulAIre making its proprietary, AI-optimized Fusion infrastructure available to support Fusemachines’ ongoing AI Twin work.

For Fusemachines, access to this infrastructure creates additional capacity to run model experiments, test different architectures, conduct model evaluation and optimization, and accelerate the iterative development cycles required for advanced AI systems.

“One of our objectives in partnering with Fusemachines has been to combine strong AI development capabilities with our customized IBM enterprise technology ecosystem,” said Curren Katz, PhD, CEO of modulAIre. “By providing access to our proprietary, AI-optimized IBM Fusion infrastructure at nominal cost, we are helping give the Fusemachines team the infrastructure needed to experiment, learn and advance its ambitious AI Twin vision more rapidly. The same platform supports organizations at every stage of AI adoption, from advanced R&D teams to nonprofits deploying their first AI capabilities. Clients begin with the modules they need today and add capabilities as their needs grow.”

Fusemachines unveiled its AI Twin technology on September 17, 2026, demonstrating a future in which intelligent AI counterparts could represent employees, participate in meetings, share knowledge and perform authorized work on their behalf.

Unlike AI agents designed primarily around specific tasks or workflows, Fusemachines envisions an AI Twin as an intelligent digital representation capable of understanding an individual’s knowledge, responsibilities, preferences, priorities and organizational context. Developing such systems requires the integration of multiple areas of artificial intelligence, including large language models, agentic reasoning, voice and conversational AI, memory, knowledge retrieval, enterprise context and real-time human-AI interaction.

The company believes rapidly testing and improving the models and architectures across these areas will be an important component of advancing AI Twin technology.

“AI Twin is one of the most ambitious technology initiatives we have undertaken at Fusemachines,” said Sameer Maskey, PhD, Founder and CEO of Fusemachines. “Access to advanced infrastructure such as IBM Fusion gives our research team greater ability to experiment and iterate quickly. I am pleased to see our partnership with modulAIre continue to deepen as we work together to advance this technology.”

modulAIre has customized and purpose-built its Fusion hardware for AI-optimization, scalability, and storage-to-inference operations, realizing IBM’s vision of Fusion as a turnkey infrastructure platform designed to simplify the deployment and operation of AI workloads while allowing organizations to scale compute, storage and GPU resources as requirements evolve. Its integration with technologies including Red Hat OpenShift provides an open environment for developing, deploying and managing AI applications and models.

The infrastructure is expected to complement Fusemachines’ existing research and development resources and provide additional capacity for the company’s AI Twin research program, while continuing to power modulAIre’s AI-in-a-Box.

Fusemachines plans to continue advancing AI Twin technology while also exploring how components developed through the initiative can be incorporated into its broader portfolio of enterprise AI products and Agentic AI solutions.

About Fusemachines
Founded in 2013, Fusemachines is a global provider of enterprise AI products and services, on a mission to democratize AI. Leveraging proprietary AI Studio, AI Engines and AI Agents, the company helps drive clients’ AI Enterprise Transformation, regardless of where they are in their Digital AI journeys. With offices in North America, Asia and Latin America, Fusemachines provides a suite of enterprise AI offerings and specialty services that allow organizations of any size to implement and scale AI.

Fusemachines continues to actively pursue the mission of democratizing AI by providing high-quality AI education in underserved communities and helping organizations achieve their full potential with AI.

To learn about Fusemachines, visit www.fusemachines.com.

About modulAIre
modulAIre is an IBM Platinum Business Partner led by former Fortune 100 executives and industry-recognized AI experts. Specializing in “AI-in-a-Box” solutions, modulAIre helps organizations move beyond generative AI usage to become “AI Value Creators” by embedding ethical, scalable, and governed AI into core business functions. With over 225 digital transformations executed, the firm delivers rapid operational value through its proprietary modular framework.

For more information, visit www.modulaire.ai.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the Company’s agentic AI programs, product development initiatives, commercialization strategy, enterprise AI offerings, and expected market opportunities. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “expect,” “intend,” “may,” “plan,” “potential,” “will,” “would,” and similar expressions.

These forward-looking statements are based on current expectations, estimates, assumptions, and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, risks related to customer adoption and retention; the Company’s ability to develop, maintain, and enhance its products and platform; the ability of the Company’s AI solutions to deliver expected operational and business benefits; reliance on third-party platforms, partners, data, and infrastructure; competition in the markets in which the Company operates; cybersecurity, data privacy, regulatory, and intellectual property risks; and changing macroeconomic, industry, and market conditions.

Additional information regarding these and other risks and uncertainties is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K filed with the SEC on March 27, 2026, and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made, and Fusemachines undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Media Contact:

pr@fusemachines.com

Investor Contact:

ir@fusemachines.com

+1 347 212-5075

Advanced AI infrastructure made available at nominal cost is expected to accelerate model development, tuning, experimentation, and evaluation supporting Fusemachines’ AI Twin technology

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) — Fusemachines Inc. (NASDAQ: FUSE), a leading provider of enterprise AI products and services, today announced that modulAIre, an IBM Platinum Business Partner, has provided Fusemachines access to its IBM Fusion infrastructure at nominal cost as part of the companies’ existing strategic partnership, significantly expanding the advanced computing infrastructure available to Fusemachines as it continues development of its recently unveiled AI Twin technology.

The expanded infrastructure access is expected to enable Fusemachines’ research and engineering teams to experiment with, evaluate and improve the AI models and systems underlying AI Twin technology at a more rapid pace.

Fusemachines and modulAIre announced their strategic partnership in February 2026 to combine Fusemachines’ AI technology and development capabilities with modulAIre’s expertise across IBM technologies and infrastructure. The latest initiative expands that relationship into research and technology development, with modulAIre making its proprietary, AI-optimized Fusion infrastructure available to support Fusemachines’ ongoing AI Twin work.

For Fusemachines, access to this infrastructure creates additional capacity to run model experiments, test different architectures, conduct model evaluation and optimization, and accelerate the iterative development cycles required for advanced AI systems.

“One of our objectives in partnering with Fusemachines has been to combine strong AI development capabilities with our customized IBM enterprise technology ecosystem,” said Curren Katz, PhD, CEO of modulAIre. “By providing access to our proprietary, AI-optimized IBM Fusion infrastructure at nominal cost, we are helping give the Fusemachines team the infrastructure needed to experiment, learn and advance its ambitious AI Twin vision more rapidly. The same platform supports organizations at every stage of AI adoption, from advanced R&D teams to nonprofits deploying their first AI capabilities. Clients begin with the modules they need today and add capabilities as their needs grow.”

Fusemachines unveiled its AI Twin technology on September 17, 2026, demonstrating a future in which intelligent AI counterparts could represent employees, participate in meetings, share knowledge and perform authorized work on their behalf.

Unlike AI agents designed primarily around specific tasks or workflows, Fusemachines envisions an AI Twin as an intelligent digital representation capable of understanding an individual’s knowledge, responsibilities, preferences, priorities and organizational context. Developing such systems requires the integration of multiple areas of artificial intelligence, including large language models, agentic reasoning, voice and conversational AI, memory, knowledge retrieval, enterprise context and real-time human-AI interaction.

The company believes rapidly testing and improving the models and architectures across these areas will be an important component of advancing AI Twin technology.

“AI Twin is one of the most ambitious technology initiatives we have undertaken at Fusemachines,” said Sameer Maskey, PhD, Founder and CEO of Fusemachines. “Access to advanced infrastructure such as IBM Fusion gives our research team greater ability to experiment and iterate quickly. I am pleased to see our partnership with modulAIre continue to deepen as we work together to advance this technology.”

modulAIre has customized and purpose-built its Fusion hardware for AI-optimization, scalability, and storage-to-inference operations, realizing IBM’s vision of Fusion as a turnkey infrastructure platform designed to simplify the deployment and operation of AI workloads while allowing organizations to scale compute, storage and GPU resources as requirements evolve. Its integration with technologies including Red Hat OpenShift provides an open environment for developing, deploying and managing AI applications and models.

The infrastructure is expected to complement Fusemachines’ existing research and development resources and provide additional capacity for the company’s AI Twin research program, while continuing to power modulAIre’s AI-in-a-Box.

Fusemachines plans to continue advancing AI Twin technology while also exploring how components developed through the initiative can be incorporated into its broader portfolio of enterprise AI products and Agentic AI solutions.

About Fusemachines
Founded in 2013, Fusemachines is a global provider of enterprise AI products and services, on a mission to democratize AI. Leveraging proprietary AI Studio, AI Engines and AI Agents, the company helps drive clients’ AI Enterprise Transformation, regardless of where they are in their Digital AI journeys. With offices in North America, Asia and Latin America, Fusemachines provides a suite of enterprise AI offerings and specialty services that allow organizations of any size to implement and scale AI.

Fusemachines continues to actively pursue the mission of democratizing AI by providing high-quality AI education in underserved communities and helping organizations achieve their full potential with AI.

To learn about Fusemachines, visit www.fusemachines.com.

About modulAIre
modulAIre is an IBM Platinum Business Partner led by former Fortune 100 executives and industry-recognized AI experts. Specializing in “AI-in-a-Box” solutions, modulAIre helps organizations move beyond generative AI usage to become “AI Value Creators” by embedding ethical, scalable, and governed AI into core business functions. With over 225 digital transformations executed, the firm delivers rapid operational value through its proprietary modular framework.

For more information, visit www.modulaire.ai.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the Company’s agentic AI programs, product development initiatives, commercialization strategy, enterprise AI offerings, and expected market opportunities. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “expect,” “intend,” “may,” “plan,” “potential,” “will,” “would,” and similar expressions.

These forward-looking statements are based on current expectations, estimates, assumptions, and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, risks related to customer adoption and retention; the Company’s ability to develop, maintain, and enhance its products and platform; the ability of the Company’s AI solutions to deliver expected operational and business benefits; reliance on third-party platforms, partners, data, and infrastructure; competition in the markets in which the Company operates; cybersecurity, data privacy, regulatory, and intellectual property risks; and changing macroeconomic, industry, and market conditions.

Additional information regarding these and other risks and uncertainties is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K filed with the SEC on March 27, 2026, and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made, and Fusemachines undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Media Contact:

pr@fusemachines.com

Investor Contact:

ir@fusemachines.com

+1 347 212-5075

BEIJING, Sept. 28, 2026 (GLOBE NEWSWIRE) — The All-China Federation of Industry and Commerce (ACFIC) has released the 2026 China Top 500 Private Enterprises list. Shandong Energy Chain Holding Co., Ltd., a subsidiary of Newlinks Technology Limited (“Newlinks”), the parent company of NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), has been named to the list, ranking No. 401. The inclusion recognizes Shandong Energy Chain Holding Co., Ltd.’s scale in China’s private sector and reflects Newlinks’ efforts to advance digitalization across the energy industry, including through artificial intelligence (AI).

The list is based on the 28th Survey of Large-Scale Private Enterprises organized by ACFIC, in which 6,350 enterprises with operating revenue of more than RMB 1 billion in 2025 participated. With its broad coverage and the consistent statistical methodology maintained over many years, the list has become an important reference for government authorities, investors and research institutions in observing the scale and structural changes of China’s private economy.

A Leading Energy Digitalization Group

Founded in 2016, Newlinks is among the earliest enterprises in China to focus on the Energy Internet of Things (Energy IoT). Applying its “Newlink-as-a-Service” model, the company connects the supply and demand sides of transportation energy. On the refined oil side, it partners with 26,000 gas stations across approximately 1,800 cities and towns in China. Cumulatively, it has served more than 100 million vehicle owners and over 10,000 corporate customers in China.

NAAS: AI-Powered Charging Platform Achieving First Operating Profit

NaaS is a new energy asset operation service provider, with businesses spanning charging network aggregation, digital integration of charging stations, online user services, station operation and maintenance, and supply chain upgrading. It provides electric vehicle (EV) owners with one-stop charging access and offers energy replenishment ecosystem solutions to automakers and charging station operators, enhancing station operating efficiency through AI-driven supply-demand matching and digital tools. As of the end of June 2026, China had 48.97 million new energy vehicles (NEVs), accounting for 13.19% of its total vehicle fleet. In the first half of 2026, NaaS achieved positive operating profit for the first time, evidencing that its technology-driven platform service model has completed a closed business loop. At the same time, charging stations remain geographically dispersed with uneven utilization across individual sites, and the value of aggregation platforms and digital operations continues to be unlocked.

Synergies Across Network, Customers and Data

Shandong Energy Chain Holding Co., Ltd.’s inclusion on the list further confirms the customer base, network scale and ecosystem capabilities that underpin NaaS. The two parties’ synergies are reflected in several areas. First, network synergy: the charging network and the Group’s gas station network are complementary in layout and connected in terms of station resources, supporting the development of integrated energy scenarios such as co-located fuel-and-charging stations at qualified sites. Second, customer synergy: the Group’s OEM, fleet and corporate customer resources are open to the charging business, and fueling and charging services are jointly pre-installed in the smart cockpits of approximately 80% of the major automakers in China. Third, data synergy: transaction and demand data from both the fuel and charging sides are pooled to feed the platform’s supply-demand matching algorithms and dispatch models, improving station utilization and matching efficiency.

Shandong Energy Chain Holding Co., Ltd.’s inclusion on this year’s ACFIC China Top 500 Private Enterprises list adds an important footnote to the energy digitalization path Newlinks has pursued over the past decade. As NEV penetration continues to rise and the application of AI to energy supply-demand matching remains at an early stage, NaaS will continue to focus on its core interconnection platform business. Leveraging the data foundation built through scaled operations, the Company will use AI to continuously improve the efficiency of charging supply-demand matching and, in the specific scenarios of vehicle energy replenishment and station operations, seek to enhance both service experience and operating quality.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S.-listed EV charging service company in China. The Company is a subsidiary of Newlinks, a leading energy digitalization group in China, and is one of the leading providers of new energy asset operation services. The Company uses advanced technology to intelligently match charging supply with demand, offering EV users a seamless, efficient and smart charging experience, while empowering charging stations and operators to optimize operations, improve efficiency and enhance profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial condition and results of operations; its ability to continuously develop new technologies, services and products and keep pace with changes in the industries in which it operates; the growth of China’s EV charging industry and NaaS’ future business development; the demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; fluctuations in the RMB exchange rate and NaaS’ ability to obtain adequate financing; NaaS’ relationships with end users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com

Media inquiries:
E-mail: pr@enaas.com

BEIJING, Sept. 28, 2026 (GLOBE NEWSWIRE) — The All-China Federation of Industry and Commerce (ACFIC) has released the 2026 China Top 500 Private Enterprises list. Shandong Energy Chain Holding Co., Ltd., a subsidiary of Newlinks Technology Limited (“Newlinks”), the parent company of NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), has been named to the list, ranking No. 401. The inclusion recognizes Shandong Energy Chain Holding Co., Ltd.’s scale in China’s private sector and reflects Newlinks’ efforts to advance digitalization across the energy industry, including through artificial intelligence (AI).

The list is based on the 28th Survey of Large-Scale Private Enterprises organized by ACFIC, in which 6,350 enterprises with operating revenue of more than RMB 1 billion in 2025 participated. With its broad coverage and the consistent statistical methodology maintained over many years, the list has become an important reference for government authorities, investors and research institutions in observing the scale and structural changes of China’s private economy.

A Leading Energy Digitalization Group

Founded in 2016, Newlinks is among the earliest enterprises in China to focus on the Energy Internet of Things (Energy IoT). Applying its “Newlink-as-a-Service” model, the company connects the supply and demand sides of transportation energy. On the refined oil side, it partners with 26,000 gas stations across approximately 1,800 cities and towns in China. Cumulatively, it has served more than 100 million vehicle owners and over 10,000 corporate customers in China.

NAAS: AI-Powered Charging Platform Achieving First Operating Profit

NaaS is a new energy asset operation service provider, with businesses spanning charging network aggregation, digital integration of charging stations, online user services, station operation and maintenance, and supply chain upgrading. It provides electric vehicle (EV) owners with one-stop charging access and offers energy replenishment ecosystem solutions to automakers and charging station operators, enhancing station operating efficiency through AI-driven supply-demand matching and digital tools. As of the end of June 2026, China had 48.97 million new energy vehicles (NEVs), accounting for 13.19% of its total vehicle fleet. In the first half of 2026, NaaS achieved positive operating profit for the first time, evidencing that its technology-driven platform service model has completed a closed business loop. At the same time, charging stations remain geographically dispersed with uneven utilization across individual sites, and the value of aggregation platforms and digital operations continues to be unlocked.

Synergies Across Network, Customers and Data

Shandong Energy Chain Holding Co., Ltd.’s inclusion on the list further confirms the customer base, network scale and ecosystem capabilities that underpin NaaS. The two parties’ synergies are reflected in several areas. First, network synergy: the charging network and the Group’s gas station network are complementary in layout and connected in terms of station resources, supporting the development of integrated energy scenarios such as co-located fuel-and-charging stations at qualified sites. Second, customer synergy: the Group’s OEM, fleet and corporate customer resources are open to the charging business, and fueling and charging services are jointly pre-installed in the smart cockpits of approximately 80% of the major automakers in China. Third, data synergy: transaction and demand data from both the fuel and charging sides are pooled to feed the platform’s supply-demand matching algorithms and dispatch models, improving station utilization and matching efficiency.

Shandong Energy Chain Holding Co., Ltd.’s inclusion on this year’s ACFIC China Top 500 Private Enterprises list adds an important footnote to the energy digitalization path Newlinks has pursued over the past decade. As NEV penetration continues to rise and the application of AI to energy supply-demand matching remains at an early stage, NaaS will continue to focus on its core interconnection platform business. Leveraging the data foundation built through scaled operations, the Company will use AI to continuously improve the efficiency of charging supply-demand matching and, in the specific scenarios of vehicle energy replenishment and station operations, seek to enhance both service experience and operating quality.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S.-listed EV charging service company in China. The Company is a subsidiary of Newlinks, a leading energy digitalization group in China, and is one of the leading providers of new energy asset operation services. The Company uses advanced technology to intelligently match charging supply with demand, offering EV users a seamless, efficient and smart charging experience, while empowering charging stations and operators to optimize operations, improve efficiency and enhance profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial condition and results of operations; its ability to continuously develop new technologies, services and products and keep pace with changes in the industries in which it operates; the growth of China’s EV charging industry and NaaS’ future business development; the demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; fluctuations in the RMB exchange rate and NaaS’ ability to obtain adequate financing; NaaS’ relationships with end users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com

Media inquiries:
E-mail: pr@enaas.com

LONDON, Sept. 28, 2026 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW) today unveiled Radar AI Assistant, a new natural language capability within Radar Vision, its AI-driven performance and experience monitoring tool built for insurers.

The AI technology enables pricing, underwriting, claims and portfolio management teams to identify emerging issues and uncover hidden patterns within their data, providing real-time, actionable insights for competitive advantage. Radar AI Assistant goes on to explain the likely drivers and feeds these insights directly into recommended pricing and underwriting actions.

During its development, WTW invested significantly to leverage and embed the expertise and specialist insurance judgement of its leading consulting team. This specialist expertise sets the capability apart from generic AI tools, enabling it to deliver game-changing levels of comprehensive, accurate and actionable insights that support confident, real-world insurance decision-making.

Pardeep Bassi, Global Proposition Leader in Data Science, Insurance Consulting and Technology, WTW, said: “A single emerging risk signal may be too weak to justify action. Radar AI Assistant, guided by insurance expertise, can consolidate multiple early indicators into a clearer, more credible view that supports confident action ahead of competitors reliant on isolated signals.

“Radar AI Assistant puts this capability directly into the hands of underwriters and portfolio managers without the need for new tools or additional reports, helping insurers turn monitoring into a source of competitive advantage.”

This latest investment in Radar’s broader AI strategy leverages over 30 years of WTW insurance expertise and commitment to supporting insurers to scale AI adoption, strengthen decision-making, improve enterprise-wide outcomes and enhance business performance.

About Radar
Radar is a leading insurance technology platform that unifies pricing, underwriting, and claims into a single end-to-end solution. Built by insurance specialists and backed by more than 30 years of industry innovation, Radar leverages proprietary analytics and advanced generative AI capabilities to help personal and commercial lines insurers make faster, smarter, and more confident decisions across the insurance lifecycle. Trusted by more than 500 insurers worldwide, Radar enables organisations to improve operational efficiency, accelerate growth, and deliver measurable business outcomes at scale.

Radar is part of WTW’s Insurance Consulting and Technology business, which helps insurers navigate complexity and drive transformation through a unique combination of deep insurance expertise, strategic advisory services, and market-leading technology.

About Insurance Consulting and Technology
WTW’s Insurance Consulting and Technology business is a global leader in P&C, Life, and Health insurance software and advisory services. With over 1,700 colleagues in 35 markets, we combine deep insurance expertise with leading-edge technology to help insurers navigate complexity and unlock value across pricing, underwriting, reserving, financial and capital modelling, claims, portfolio management, and regulatory reporting.

We’re redefining insurance through innovation and technology. By harnessing Generative and Agentic AI, we’re creating next-generation processes that reduce friction, enhance decision-making, and unlock faster, smarter outcomes for our clients. These capabilities accelerate innovation and enable us to deliver with unmatched precision and scale.

More than 1,000 insurers across six continents – including many of the world’s leading insurance groups – trust our unique combination of advisory insight and advanced software to power their businesses and drive sustainable growth.

About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organisations sharpen their strategy, enhance organisational resilience, motivate their workforce and maximise performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success — and provide perspective that moves you.

Learn more at wtwco.com.

Media Contact
Andrew Collis: +44 7932 725 267 | andrew@acolliscommunications.com

LONDON, Sept. 28, 2026 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW) today unveiled Radar AI Assistant, a new natural language capability within Radar Vision, its AI-driven performance and experience monitoring tool built for insurers.

The AI technology enables pricing, underwriting, claims and portfolio management teams to identify emerging issues and uncover hidden patterns within their data, providing real-time, actionable insights for competitive advantage. Radar AI Assistant goes on to explain the likely drivers and feeds these insights directly into recommended pricing and underwriting actions.

During its development, WTW invested significantly to leverage and embed the expertise and specialist insurance judgement of its leading consulting team. This specialist expertise sets the capability apart from generic AI tools, enabling it to deliver game-changing levels of comprehensive, accurate and actionable insights that support confident, real-world insurance decision-making.

Pardeep Bassi, Global Proposition Leader in Data Science, Insurance Consulting and Technology, WTW, said: “A single emerging risk signal may be too weak to justify action. Radar AI Assistant, guided by insurance expertise, can consolidate multiple early indicators into a clearer, more credible view that supports confident action ahead of competitors reliant on isolated signals.

“Radar AI Assistant puts this capability directly into the hands of underwriters and portfolio managers without the need for new tools or additional reports, helping insurers turn monitoring into a source of competitive advantage.”

This latest investment in Radar’s broader AI strategy leverages over 30 years of WTW insurance expertise and commitment to supporting insurers to scale AI adoption, strengthen decision-making, improve enterprise-wide outcomes and enhance business performance.

About Radar
Radar is a leading insurance technology platform that unifies pricing, underwriting, and claims into a single end-to-end solution. Built by insurance specialists and backed by more than 30 years of industry innovation, Radar leverages proprietary analytics and advanced generative AI capabilities to help personal and commercial lines insurers make faster, smarter, and more confident decisions across the insurance lifecycle. Trusted by more than 500 insurers worldwide, Radar enables organisations to improve operational efficiency, accelerate growth, and deliver measurable business outcomes at scale.

Radar is part of WTW’s Insurance Consulting and Technology business, which helps insurers navigate complexity and drive transformation through a unique combination of deep insurance expertise, strategic advisory services, and market-leading technology.

About Insurance Consulting and Technology
WTW’s Insurance Consulting and Technology business is a global leader in P&C, Life, and Health insurance software and advisory services. With over 1,700 colleagues in 35 markets, we combine deep insurance expertise with leading-edge technology to help insurers navigate complexity and unlock value across pricing, underwriting, reserving, financial and capital modelling, claims, portfolio management, and regulatory reporting.

We’re redefining insurance through innovation and technology. By harnessing Generative and Agentic AI, we’re creating next-generation processes that reduce friction, enhance decision-making, and unlock faster, smarter outcomes for our clients. These capabilities accelerate innovation and enable us to deliver with unmatched precision and scale.

More than 1,000 insurers across six continents – including many of the world’s leading insurance groups – trust our unique combination of advisory insight and advanced software to power their businesses and drive sustainable growth.

About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organisations sharpen their strategy, enhance organisational resilience, motivate their workforce and maximise performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success — and provide perspective that moves you.

Learn more at wtwco.com.

Media Contact
Andrew Collis: +44 7932 725 267 | andrew@acolliscommunications.com

TORONTO, Sept. 28, 2026 (GLOBE NEWSWIRE) — Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK | OTCQX:TSKFF) is pleased to report a significant new high-grade gold discovery from underground development on the 1105 Level at the Mustang Mine. Development has exposed a continuous 36-metre strike length of high-grade mineralization along the M1 Vein, comprising a well-defined banded quartz vein averaging 27.88 grams per tonne (g/t) gold across an average true width of 0.61 metres. The mineralization occurs outside the defined Mineral Resource at time of discovery in a zone where high-grade mineralization had not previously been delineated. The M series of veins are third order structure that have a different strike and dip orientation to the main second order veins mined by Talisker such as the BK, BK-9870 and Alhambra. Talisker does not specifically target these veins for resource delineation as they are sub-parallel to the drill orientation required to target the larger second order veins, however the veins can be intersected during lateral development.

The M1 Vein is a relatively shallow, north-dipping vein beyond (north of) the BK-9870 vein, and south of the King vein in Mustang. The vein is characterized abundant by crack-seal textures and a sulphide assemblage dominated by pyrite and arsenopyrite, with trace sphalerite. Results highlight the potential for additional high-grade mineralization beyond the current Mineral Resource. The discovery reinforces the strong exploration upside surrounding existing underground infrastructure at the Bralorne Gold Project, British Columbia, Canada.

Key Highlights:

  • 229.0 g/t over 0.63 m within 36.6 g/t over 4.60 m from 1105 M1 Vein, West Face No. 11
  • 93.1 g/t over 0.63 m within 51.6 g/t over 1.58 m from 1105 M1 Vein, West Face No. 2
  • 75.2 g/t over 0.94 m within 28.5 g/t over 2.95 m from 1105 M1 Vein, West Face No. 12
  • 62.4 g/t over 1.19 m within 33.4 g/t over 2.32 m from 1105 M1 Vein, West Face No. 14
  • 50.4 g/t over 0.61 m within 28.3 g/t over 2.38 m from 1105 M1 Vein, West Face No. 6
  • 46.2 g/t over 0.52 m within 15.0 g/t over 2.73 m from 1105 M1 Vein, West Face No. 10
  • 42.8 g/t over 1.09 m within 30.1 g/t over 1.58 m from 1105 M1 Vein, West Face No. 13

Terry Harbort, CEO of Talisker commented, “These results continue to demonstrate the exceptional exploration potential at Bralorne. Defining a high-grade shoot of this scale outside the Mineral Resource at time of discovery underscores the opportunity to identify additional mineralization and potentially expand the resource near existing underground infrastructure.”

Bralorne Gold Project
Mustang Mine – 1105 Lateral Development
Assay Results
Face Name From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Sample #
M1105_M1_OD_W1_F2 0 0.72 0.72 0.73 X001236
M1105_M1_OD_W1_F2 0.72 1.5 0.78 1.84 X001237
M1105_M1_OD_W1_F2 1.5 2.45 0.95 24.1 X001238
M1105_M1_OD_W1_F2 2.45 3.08 0.63 93.1 X001239
M1105_M1_OD_W1_F2 3.08 4.03 0.95 4.66 X001241
M1105_M1_OD_W1_F6 0 0.78 0.78 0.94 X001333
M1105_M1_OD_W1_F6 0.78 1.39 0.61 50.4 X001334
M1105_M1_OD_W1_F6 1.39 2.38 0.99 36.3 X001336
M1105_M1_OD_W1_F6 2.38 3.01 0.63 0.11 X001337
M1105_M1_OD_W1_F10 0 0.95 0.95 2.25 X003461
M1105_M1_OD_W1_F10 0.95 1.6 0.65 3.23 X003462
M1105_M1_OD_W1_F10 1.6 2.36 0.76 3.38 X003463
M1105_M1_OD_W1_F10 2.36 2.92 0.56 1.5 X003464
M1105_M1_OD_W1_F10 2.92 3.44 0.52 46.2 X003465
M1105_M1_OD_W1_F10 3.44 3.94 0.5 1.45 X003466
M1105_M1_OD_W1_F10 3.94 4.33 0.39 32.8 X003467
M1105_M1_OD_W1_F11 0 0.77 0.77 3.71 X003494
M1105_M1_OD_W1_F11 0.77 1.89 1.12 2.74 X003495
M1105_M1_OD_W1_F11 1.89 2.57 0.68 2.54 X003496
M1105_M1_OD_W1_F11 2.57 3.33 0.76 17.7 X003497
M1105_M1_OD_W1_F11 3.33 3.73 0.4 1.97 X003498
M1105_M1_OD_W1_F11 3.73 4.36 0.63 229 X003499
M1105_M1_OD_W1_F11 4.36 5.37 1.01 5.18 X003503
M1105_M1_OD_W1_F12 0 0.84 0.84 0.61 X003533
M1105_M1_OD_W1_F12 0.84 1.36 0.52 1.53 X003534
M1105_M1_OD_W1_F12 1.36 2.01 0.65 18.4 X003535
M1105_M1_OD_W1_F12 2.01 2.95 0.94 75.2 X003536
M1105_M1_OD_W1_F13 0 0.35 0.35 1.4 X003557
M1105_M1_OD_W1_F13 0.35 1.1 0.75 0.74 X003558
M1105_M1_OD_W1_F13 1.1 1.81 0.71 0.57 X003559
M1105_M1_OD_W1_F13 1.81 2.3 0.49 1.77 X003561
M1105_M1_OD_W1_F13 2.3 3.39 1.09 42.8 X003562
M1105_M1_OD_W1_F14 0 1.09 1.09 4.77 X003574
M1105_M1_OD_W1_F14 1.09 2.22 1.13 2.79 X003575
M1105_M1_OD_W1_F14 2.22 3.41 1.19 62.4 X003576
Note: Estimated true widths are between 27% and 38% of interval lengths.

Bralorne Gold Project – Channel Collar Locations Table (values rounded to nearest metre)
Face Name UTM Easting UTM Northing Elevation
(m)
M1105_M1_OD_W1_F2 5625479 513229 1109
M1105_M1_OD_W1_F6 5625479 513224 1109
M1105_M1_OD_W1_F10 5625478 513216 1110
M1105_M1_OD_W1_F11 5625478 513213 1110
M1105_M1_OD_W1_F12 5625481 513212 1110
M1105_M1_OD_W1_F13 5625482 513209 1110
M1105_M1_OD_W1_F14 5625483 513207 1110

Bralorne Gold Project – Channel Collar Orientations
Face Name Azimuth
(°)
Dip
(°)
Total Length
(m)
M1105_M1_OD_W1_F2 50 0 4.03
M1105_M1_OD_W1_F6 3 0 3.01
M1105_M1_OD_W1_F10 355 0 4.33
M1105_M1_OD_W1_F11 4 0 5.37
M1105_M1_OD_W1_F12 8 0 2.95
M1105_M1_OD_W1_F13 15 0 3.39
M1105_M1_OD_W1_F14 34 0 3.41
       

For further information, please contact:

Lindsay Dunlop
Vice President, Investor Relations
lindsay.dunlop@taliskerresources.com
+1 647 274 8975

Qualified Person

The technical information contained in this news release has been reviewed and approved by Patrick Weaver, P.Geo., Talisker’s Chief Production Geologist, who is a Qualified Person as defined under Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Weaver is not independent of the Company in accordance with NI 43-101.

About Talisker Resources Ltd.

Talisker (taliskerresources.com) is a junior resource company involved in the exploration and development of gold projects in British Columbia, Canada. Talisker’s flagship asset is the high-grade, fully permitted Bralorne Gold Project where the Company is producing at the Mustang Mine. Talisker projects also include the Ladner Gold Project, an historic high-grade gold mine near Hope, British Columbia, with significant exploration potential, and the Spences Bridge Project, where the Company has a significant landholding in the emerging Spences Bridge Gold Belt, as well as several other early-stage Greenfields projects.

Sample Preparation and QAQC

Channel sampling of underground ore headings at the Bralorne Gold Project was previously conducted by geologists using a rock saw to cut a horizontal 5 cm × 5 cm × up to 3.0 m groove across the entire face of the drift at a height of approximately 1.2 m above the sill. Following a robust statistical analysis comparing channel and chip sampling methods, Talisker transitioned to chip sampling, having demonstrated that the two methods produce statistically comparable results while improving operational efficiency and reducing sampling time. Under the current protocol, individual chip samples range from 0.35 m to 1.50 m in length and are selected to best represent identified geological structures, sulphide mineralization, or hydrothermal alteration suspected to bracket gold concentrations. Where vein or mineralized zones are wide, consecutive samples are collected across the structure to preserve geological resolution. Lithological breaks are avoided within a single sample wherever possible.

Quality assurance and quality control (QAQC) procedures include regular insertion of certified reference materials, blanks, and field duplicates into the sample stream at a rate of approximately 9% of total samples in this release.

All preparation and analytical work is performed by Activation Laboratories Ltd. (Actlabs) in Kamloops, British Columbia, Canada. Sample preparation follows Actlabs code RX1, involving crushing the entire sample (<7 kg) to at least 80% passing 2 mm, riffle splitting to obtain a 250 g sub-sample, and pulverizing (mild steel) to a minimum of 95% passing 105 µm. Actlabs code RX17 is also completed to determine pulp specific gravity. Crushing and pulverizing quality is monitored through Actlabs’ internal QAQC protocols.

Gold is analyzed by fire assay with an atomic absorption spectroscopy (AAS) finish (Actlabs code 1A2-50 ORE), in which a 50 g pulp is fused with fire assay fluxes, preheated at 850 °C, heated further at 950 °C, and finished at 1,060 °C over a 60-minute fusion cycle. The resulting lead button is cupelled at 950 °C to produce a doré bead containing Au and Ag, which is then dissolved in aqua regia and analyzed by AAS. This method has a detection range of 0.01 to 100 g/t Au.

Samples returning gold grades of ≥100 g/t Au are re-analyzed by fire assay with gravimetric finish (Actlabs code 1A3-50). In this process, gold is separated from silver in the doré bead by parting with nitric acid, and the gold residue is weighed gravimetrically on a microbalance. The 1A3-50 method has a detection range of 0.02 to 10,000 g/t Au.

Caution Regarding Forward Looking Statements

Certain statements contained in this press release constitute forward-looking information. 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 Talisker’s current belief or assumptions as to the outcome and timing of such future events. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Talisker. Although such statements are based on reasonable assumptions of Talisker’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 risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory approvals.

The forward-looking information contained in this release is made as of the date hereof, and Talisker 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.

Talisker Resources Ltd.

Figure 1: Bralorne Gold Project – Location Map

Talisker Resources Ltd.

Figure 2: Mustang Mine plan view of 1105 level lateral development.

Talisker Resources Ltd.

Figure 3: Face sample from 1105 level M1 Vein west face No. 2.

Talisker Resources Ltd.

Figure 4: Face sample from 1105 level M1 Vein west face No. 6.

Talisker Resources Ltd.

Figure 5: Face sample from 1105 level M1 Vein west face No. 10.

Talisker Resources Ltd.

Figure 6: Face sample from 1105 level M1 Vein west face No. 11.

Talisker Resources Ltd.

Figure 7: Face sample from 1105 level M1 Vein west face No. 12.

Talisker Resources Ltd.

Figure 8: Face sample from 1105 level M1 Vein west face No. 13.

Talisker Resources Ltd.

Figure 9: Face sample from 1105 level M1 Vein west face No. 14.

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/54b765d9-f42b-4a2c-a8f3-4135d1a4342d

https://www.globenewswire.com/NewsRoom/AttachmentNg/9b8861f8-900b-4ab8-8881-3b67b5154418

https://www.globenewswire.com/NewsRoom/AttachmentNg/1a687f91-7c39-4d51-bcb7-2d3f2a257c3f

https://www.globenewswire.com/NewsRoom/AttachmentNg/a048d50c-2e67-4a00-a298-c03ae2ededa3

https://www.globenewswire.com/NewsRoom/AttachmentNg/3329db75-8606-41a1-b7ff-0c12915f56c4

https://www.globenewswire.com/NewsRoom/AttachmentNg/840a4a7c-aecf-48fe-a225-d8e9a18ac6a4

https://www.globenewswire.com/NewsRoom/AttachmentNg/1902f46f-673e-46a8-ab5e-87317f36bc46

https://www.globenewswire.com/NewsRoom/AttachmentNg/778202f0-5521-47e0-83e9-a7598735f1d0

https://www.globenewswire.com/NewsRoom/AttachmentNg/94616c51-06dc-4b92-b834-77c0b0f2275a

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.