Author: Ravi Shankar

Manpower Outsourcing Revenue Increased 62.4% to US$15.6 Million; Integrated Facility Management Revenue Increased 11.1% to US$16.1 Million

Net Loss Narrowed 13.8% Year Over Year

Working Capital Improved to US$11.9 Million from a Deficit of US$1.7 Million at Year-End 2025; Total Liabilities Reduced 39%

SINGAPORE, Sept. 24, 2026 (GLOBE NEWSWIRE) — YYForce Inc. (Nasdaq: YFOR) (“YYForce” or the “Company,” formerly YY Group Holding Limited (Nasdaq: YYGH)), an AI-enabled workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced its unaudited financial results for the six months ended June 30, 2026.

YYForce reported first-half 2026 revenue of approximately US$32.7 million, an increase of 26.8% from US$25.8 million for the corresponding period in 2025. The Company views the continued expansion of its workforce and IFM businesses as the operating foundation for its “YYForce 2030 Vision,” a long-term strategy to build an integrated workforce ecosystem connecting human workers, artificial intelligence (“AI”), humanoid robots and specialized service robotics.

First Half 2026 Highlights

• Revenue increased 26.8% year over year to US$32.66 million from US$25.75 million.
• Manpower outsourcing revenue increased 62.4% year over year to US$15.55 million.
• IFM revenue increased 11.1% year over year to US$16.06 million.
• Gross profit was US$3.30 million and gross profit margin was 10.1%, compared with US$4.27 million and 16.6%, respectively, in the prior-year period, with the decrease primarily attributable to higher labor costs.
• Operating loss narrowed 32.2% year over year to US$5.21 million from US$7.68 million, primarily reflecting the absence of a US$4.06 million impairment loss on intangible asset recognized in the prior-year period.
• Operating loss as a percentage of revenue improved to 15.9% from 29.8% in the prior-year period.
• Net loss narrowed 13.8% year over year to US$7.06 million from US$8.20 million.
• Non-IFRS operating loss was approximately US$2.74 million and non-IFRS loss was approximately US$3.29 million.
• Cash was approximately US$3.08 million as of June 30, 2026.
• Total equity increased to approximately US$25.36 million from US$13.61 million as of December 31, 2025, primarily reflecting US$18.55 million in proceeds from the Company’s At-The-Market equity offering.
• Total liabilities decreased to approximately US$12.66 million from US$20.73 million as of December 31, 2025, primarily reflecting the settlement of trade and other payables and the reduction of warrant liabilities.

First Half 2026 Operational Highlights:

		For the Six Months Ended June 30,
		2026			2025
Manpower Services
YY Circle App downloads (cumulative)		998,575			586,389
YY Circle App monthly active users		35,743			30,103
Job fulfillment rate		92%			93%
Number of Employers		212			203
IFM Services
Number of customers		218			190
Average revenue per customer		73,682			76,095

Management Commentary

Mike Fu, CEO of YYForce, commented: “We delivered year-over-year revenue growth of 26.8% in the first half of 2026, led by a 62.4% increase in manpower outsourcing revenue and continued expansion of our IFM operations. Beyond scaling our existing service businesses, we are laying the foundation for building a future workforce environment in which people, artificial intelligence, smart facilities, automation and robotics can increasingly work together. We are piloting service robots and plan to deploy our first agentic AI workflows and launch an AI training data lab — early steps toward operations where every task is carried out by the person or technology best suited to perform it. Meanwhile, our growing workforce and IFM operations provide the customer relationships, workforce infrastructure, facilities and real operating environments we need to validate and commercialize these technologies. As we move toward 2030, we expect YYForce to evolve from a labor-intensive service provider toward an integrated workforce service provider ready for the future, focusing on margin improvement, operating efficiency and disciplined capital allocation to create value for our stakeholders.”

Jason Phua, CFO of YYForce, added, “This period’s revenue growth came with margin pressure. Hourly wages for casual workers rose faster than our billing rates. As a result, our gross profit margin narrowed to 10.1% from 16.6%. We are addressing this directly: repricing contracts as they come up for renewal, renegotiating or exiting engagements that no longer cover their cost, tightening scheduling to reduce unbilled hours, and evaluating technology-enabled, digital and automation solutions to improve productivity. We also improved our capital structure and working capital position, ending the half with working capital of US$11.9 million compared with a deficit at the end of 2025, and reducing total liabilities by 39%. Restoring gross profit margin is our priority for the second half of 2026, and we will report our progress with our full-year results.”

First Half 2026 Financial Results

Total Revenue was US$32.7 million in the first half of 2026, up 26.8% from US$25.8 million in the same period of 2025.

• Revenue from manpower outsourcing increased 62.4% to US$15.55 million from US$9.58 million in the same period of 2025. The increase was primarily attributable to stronger customer demand in Singapore and Malaysia and contributions from our Hong Kong and Thailand subsidiaries.
• Revenue from IFM increased 11.1% to US$16.06 million from US$14.46 million in the same period of 2025. Growth was supported by new contract wins, renewals of existing projects and full-period contributions from subsidiaries acquired in 2025, including Property Facility Services Pte. Ltd. and Uniforce Security Services Pte. Ltd.

Gross profit was approximately US$3.30 million, compared with US$4.27 million for the first half of 2025. Gross profit margin was approximately 10.1%, compared with 16.6% in the prior-year period. The decrease was principally attributable to higher labor costs across the Company’s IFM and manpower outsourcing businesses, including higher hourly wage rates for casual workers.

Operating loss decreased 32.2% to approximately US$5.21 million, compared with US$7.68 million in the corresponding period in 2025, primarily reflecting the absence of the US$4.06 million impairment loss on intangible asset recognized in the first half of 2025. Operating loss as a percentage of revenue improved to approximately 15.9%, compared with 29.8% for the corresponding period in 2025.

Net loss decreased 13.8% to approximately US$7.06 million, compared with US$8.20 million in the prior-year period. Basic and diluted loss per ordinary share was US$13.62, compared with US$311.00 in the first half of 2025. All share and per-share amounts have been retroactively adjusted to reflect the 50-for-1 and 30-for-1 reverse share splits effected on March 23, 2026 and June 23, 2026, respectively. First-half 2026 results also included a US$2.62 million net loss related to convertible notes and a US$1.73 million net gain related to warrant liabilities.

Net cash used in operating activities was approximately US$10.99 million for the first half of 2026, compared with US$0.63 million in the prior-year period, primarily reflecting the operating loss and the settlement of trade and other payables.

During the first half of 2026, net cash provided by financing activities was approximately US$16.29 million. Financing inflows included approximately US$18.55 million from the issuance of Class A ordinary shares in connection with the Company’s At-The-Market equity offering and proceeds from other financing activities.

YYForce intends to maintain a disciplined approach to capital allocation as it balances working-capital requirements, existing operations and investments supporting future growth.

YYForce 2030 Vision and Capital Allocation Strategy

On September 22, 2026, YYForce announced its 2030 Vision, its long-term roadmap for building a Future Workforce Solutions model integrating human workforce capabilities, AI-enabled workforce management, smart facility management technologies, automation and robotics. The plan builds on the Company’s existing businesses: YY Circle and Yolara AI applications for on-demand staffing and workforce solutions, humanoid and specialized service robotics offered through leasing and Robotics-as-a-Service (“RaaS”) arrangements, and smart facility management solutions through its 24iFM platform, IoT devices, sensors, smart cameras and automation technologies. Yolara AI is intended to support deployment planning, workflow integration, human-team coordination and ongoing operational support across these solutions. These AI, automation and robotics initiatives did not contribute materially to revenue during the six months ended June 30, 2026.

YYForce’s first capital allocation priority is maintaining sufficient liquidity for its existing operations, working capital needs and contractual obligations. Subject to these requirements, the Company may evaluate investments across workforce and smart facility management technology, software development, operational automation, commercial robotics, data infrastructure, geographic expansion, strategic partnerships and acquisitions. The Company expects to use partnerships, leasing arrangements and customer pilot programs to limit upfront capital commitments, and will evaluate each investment based on customer demand, technology readiness and expected returns.

FY2026 Guidance

In light of labor cost pressures in the first half of 2026, the Company is withdrawing the fiscal year 2026 outlook it issued on March 12, 2026. The Company expects to provide an updated outlook with its full-year 2026 results. Investors should no longer rely on the previously announced projections as representing the Company’s current expectations.

About YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) is an AI-enabled workforce management platform and IFM provider, headquartered in Singapore and operating across Asia and beyond. The Company’s intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YYForce’s IFM business, its 24iFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.

As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YYForce is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, among other things, statements regarding YYForce’s 2030 Future Workforce Vision; future operating and financial performance; margin improvement; operating efficiency; cash generation; technology development; artificial intelligence; digital platforms; smart facility management; automation and robotics; potential humanoid-robot applications; geographic expansion; acquisitions; strategic partnerships; capital allocation; recurring-revenue opportunities; and future commercialization of new products and services.The Company bases these forward-looking statements on its expectations and projections about future events, which the Company derives from the information currently available to it. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors. These factors include, but are not limited to, the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company’s revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company’s products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company’s industry, and other factors that may affect the Company’s financial condition, liquidity and results of operations. For a more detailed discussion of risk factors, please refer to the Company’s filings with the Securities and Exchange Commission, including the “Risk Factors” section of the Company’s most recent annual report on Form 20-F, as amended.

Non-IFRS Financial Measures 

The Company uses non-IFRS measures such as non-IFRS net loss/profit in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that non-IFRS financial measures help identify underlying trends in the Company’s business that could otherwise be distorted by the effect of certain expenses that the Company includes in its results for the period. The Company believes that non-IFRS financial measures provide useful information about its results of operations, enhance the overall understanding of its past performance and future prospects, and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making. Non-IFRS financial measures have limitations as analytical tools and should not be considered in isolation or construed as an alternative to IFRS financial measures or any other measure of performance or as an indicator of its operating performance.

The Company’s non-IFRS measures exclude consultancy fees, convertible notes related expenses, one-time accounting adjustments, and changes in the fair value of convertible notes and warrant liabilities. The complete reconciliation is presented below. Investors are encouraged to review the reconciliation together with the Company’s IFRS financial statements and not rely on any single financial measure. Non-IFRS financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company’s data. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. 

For more information on the Company’s non-IFRS financial measures, please see the section titled “Unaudited Reconciliation of IFRS and non-IFRS financial measures.” 

Investor Contact

Jason Zhi Yong Phua, Chief Financial Officer
YYForce Inc.
enquiries@yyforce.ai

Unaudited Reconciliation of IFRS and Non-IFRS Financial Measures

US$	Six months ended June 30, 2026 (Unaudited)		Six months ended June 30, 2026 (Unaudited) Non-IFRS reconciliation
Revenue	32,659,236		32,659,236
Cost of revenue	(29,359,389	)	(29,008,975	)
Gross profit	3,299,847		3,650,261
Other income	703,883		703,883
Selling and marketing expenses	(1,152,522	)	(652,522	)
General and administrative expenses	(7,902,969	)	(6,286,830	)
Other expenses	(111,423	)	(111,423	)
Change in fair value of investment properties	(44,079	)	(44,079	)
Operating loss	(5,207,263	)	(2,740,710	)
Finance cost	(865,273	)	(452,773	)
Net loss on convertible notes designated at FVTPL	(2,617,807	)	–
Net gain on warrant liabilities	1,726,802		–
Loss before tax	(6,963,541	)	(3,193,483	)
Income tax expenses	(99,272	)	(99,272	)
Loss for the period	(7,062,813	)	(3,292,755	)
Foreign currency translation differences – foreign operations	(817,032	)	(817,032	)
Change in fair value of convertible notes designated at FVTPL due to own credit risk	1,726		1,726
Total comprehensive loss for the period	(7,878,119	)	(4,108,061	)
Loss attributable to:
Non-controlling interests	108,080		108,080
Equity owners of the Company	(7,170,893	)	(3,400,835	)

Reconciliation of Non-IFRS to IFRS Loss Attributable to Equity Owners

Loss attributable to equity owners of the Company – non-IFRS	(3,400,835	)
Consultancy fees	(1,297,331	)
Convertible notes related expenses	(1,052,500	)
Net loss on convertible notes designated at FVTPL	(2,617,807	)
Net gain on warrant liabilities	1,726,802
One-time accounting adjustments	(529,222	)
Loss attributable to equity owners of the Company – IFRS	(7,170,893	)

YYFORCE INC. AND ITS SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

		Note		June 30, 2026 (Unaudited)				December 31, 2025
				$				$
Assets
Current assets:
Cash					3,082,570				1,511,760
Trade receivables, net		4			11,063,513				12,138,342
Prepayment and other current assets		5			4,373,945				1,251,794
Amount due from related parties		18			4,054,010				501,637
Total current assets					22,574,038				15,403,533
Non-current assets:
Right-of-use assets		6			1,254,966				1,463,494
Intangible assets, net		8			5,017,595				5,174,257
Investment properties		9			2,381,942				2,445,292
Net investment in lease		10			–				2,970,685
Property and equipment, net		7			579,025				527,092
Financial assets measured at fair value through profit or loss (“FVTPL”)					100,000				–
Prepayment and other non-current assets		5			179,151				422,849
Goodwill		8			5,808,574				5,808,574
Deferred tax assets					125,825				125,825
Total non-current assets					15,447,078				18,938,068
Total assets					38,021,116				34,341,601
Current liabilities:
Trade and other payables		11			4,572,651				10,837,525
Contract liabilities					572,280				–
Amount due to related parties		18			189,696				503,007
Lease liabilities, current		13			411,619				429,634
Convertible notes designated at FVTPL		12			14,379				–
Loans and borrowings, current		13			4,937,830				5,375,362
Total current liabilities					10,698,455				17,145,528
Non-current liabilities:
Loans and borrowings, non-current		13			367,687				627,526
Warrants liabilities		12			17,733				1,213,340
Deferred tax liabilities		17			645,722				645,722
Lease liabilities, non-current		13			928,611				1,099,767
Total non-current liabilities					1,959,753				3,586,355
Total liabilities					12,658,208				20,731,883
Equity
Share Capital*		14			43,966,842				24,825,837
Reserves		14			10,862,760				11,182,357
Accumulated deficit					(32,882,003	)			(25,711,110	)
Equity attributable to owners of the Company					21,947,599				10,297,084
Non-controlling interests					3,415,309				3,312,634
Total equity					25,362,908				13,609,718
Total liabilities and equity					38,021,116				34,341,601

*

The shares and per share information are presented on a retroactive basis to reflect the reorganization.

YYFORCE INC. AND ITS SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE (LOSS) INCOME

				For the six months ended June 30,
		Note		2026 (Unaudited)				2025 (Unaudited)
				$				$
Revenue		16			32,659,236				25,754,473
Cost of revenue		16			(29,359,389	)			(21,486,338	)
Gross profit					3,299,847				4,268,135
Other income		16			703,883				814,457
Selling and marketing expenses		16			(1,152,522	)			(1,562,277	)
General and administrative expenses		16			(7,902,969	)			(7,107,000	)
Impairment loss on intangible asset		16			–				(4,063,000	)
Other expenses		16			(111,423	)			(31,918	)
Change in fair value of investment properties		16			(44,079	)			–
Operating loss					(5,207,263	)			(7,681,603	)
Finance cost		16			(865,273	)			(367,270	)
Net loss on convertible notes designated at FVTPL		12			(2,617,807	)			–
Net gain on warrant liabilities		12			1,726,802				(24,075	)
Loss before tax					(6,963,541	)			(8,072,948	)
Income tax expenses		17			(99,272	)			(123,038	)
Loss for the period					(7,062,813	)			(8,195,986	)
Other comprehensive (loss) income
Foreign currency translation differences – foreign operations					(817,032	)			290,378
Change in fair value of convertible notes designated at FVTPL due to own credit risk					1,726				–
Total comprehensive loss for the period					(7,878,119	)			(7,905,608	)
Loss attributable to:
Equity owners of the Company					(7,170,893	)			(8,246,755	)
Non-controlling interests					108,080				50,769
Loss for the period					(7,062,813	)			(8,195,986	)
Total comprehensive loss attributable to:
Equity owners of the Company					(7,980,794	)			(7,963,848	)
Non-controlling interests					102,675				58,240
Total comprehensive loss for the period					(7,878,119	)			(7,905,608	)
Basic loss per share*		15			(13.62	)			(311.00	)
Diluted loss per share*		15			(13.62	)			(311.00	)
Weighted average number of shares
Basic					526,603				26,517
Diluted					526,603				26,517

*

The shares and per share information are presented on a retroactive basis to reflect the reorganization. Further, the Class A ordinary shares are presented on a retroactive basis to reflect the Company’s reverse share split of 50-for-1 on March 23, 2026 and 30-for-1 on June 23, 2026, respectively.

VANCOUVER, British Columbia, Sept. 24, 2026 (GLOBE NEWSWIRE) — Bahia Metals Corp. (CSE: BMT) (“Bahia” or the “Company”) announces that it has filed on SEDAR+ an independent Technical Report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) supporting the initial Mineral Resource Estimate (“MRE”) for the Company’s Mangueiros Main Nickel-Copper-Cobalt Sulphide Project in Bahia State, Brazil.

The report, titled “Mineral Resource Estimate of the Mangueiros Main Nickel-Copper-Cobalt Sulphide Project, Bahia State, Brazil” (the “Technical Report”), has an effective date of April 22, 2026 and is dated September 24, 2026.

The Technical Report supports the initial MRE announced by the Company on August 10, 2026. There are no material differences between the MRE disclosed in that news release and the MRE contained in the Technical Report.

The Technical Report is available under the Company’s profile at www.sedarplus.ca.

Mineral Resource Highlights

• Large initial Mineral Resource: 313 million tonnes of pit-constrained Inferred Mineral Resources grading 0.18% nickel sulphide (“NiS”), 0.22% total nickel (“NiT”), 0.13% copper (“Cu”) and 0.015% cobalt (“Co”).
• Equivalent grades: 0.27% nickel sulphide equivalent (“NiSEq”) and 0.33% nickel total equivalent (“NiTEq”).
• Significant copper and cobalt contribution across the entire resource: Across the full 313 million-tonne Mineral Resource, copper and cobalt increase the grade from 0.22% NiT to 0.33% NiTEq. This is a 50% uplift over the total nickel grade, with copper and cobalt collectively contributing approximately one-third of the reported NiTEq grade.
• Substantial contained-metal inventory: Approximately 554,000 tonnes NiS, 675,000 tonnes NiT, 411,000 tonnes Cu and 46,000 tonnes Co.
• Pit-constrained Mineral Resource: The Mineral Resource is constrained within a conceptual open pit and reported at a 0.09% NiSEq cut-off grade.
• Low estimated strip ratio: The conceptual resource pit has an estimated strip ratio of well below 1:1 waste to mineralized material.
• Resource-growth potential: The MRE covers Mangueiros Main. Mineralization remains open in multiple directions, and the Company’s additional district exploration targets are not included in the MRE.
• Clear next step: The size, continuity and polymetallic nickel-copper-cobalt character of the Mangueiros Main Mineral Resource provide an appropriate basis for Bahia to proceed with the Preliminary Economic Assessment (“PEA”).

¹ US$ metal prices used were $7.50/lb Ni, $4.50/lb Cu and $20/lb Co. Process recoveries were 87% NiS, 82% Cu and 50% Co.
NiSEq% = NiS % + (Cu % x 0.566) + (Co % x 1.533); NiTEq% = NiT % + (Cu % x 0.647) + (Co % x 1.754).

CEO Commentary

Stephen Goodman, Chief Executive Officer and Director of Bahia, commented:

“The filing of the Technical Report completes an important milestone for Bahia and provides the comprehensive technical support for the initial Mangueiros Main Mineral Resource Estimate announced in August.

The MRE confirms the development potential of this polymetallic deposit with uniform geology and a beneficial low strip ratio of less than 1:1.

The benefits of copper and cobalt to the Mangueiros Main Deposit is evident. When the estimated contribution of copper and cobalt is included in the Mineral Resource, the grade increases to 0.33% NiTEq. Copper and cobalt therefore represent approximately one-third of the reported nickel-equivalent grade. This highlights that Mangueiros Main is a large polymetallic nickel-copper-cobalt sulphide Mineral Resource. The potential economic contribution of all three metals will be evaluated.”

Technical Report

The Technical Report was prepared by P&E Mining Consultants Inc. (“P&E”), with metallurgical input from Consultec Ltd., and was authored by William Stone, Ph.D., P.Geo.; Yungang Wu, P.Geo.; Jarita Barry, P.Geo.; David Burga, P.Geo.; Antoine Yassa, P.Geo.; Chester de Leon, P.Eng.; and Eugene Puritch, P.Eng., FEC, CET. Each Author is a Qualified Person as defined by NI 43-101.

The Technical Report provides the supporting technical information, assumptions, methodologies, data verification and conclusions relating to the MRE. The Authors consider that the size, continuity and polymetallic nickel-copper-cobalt character of the Mangueiros Main Mineral Resource provide an appropriate basis for Bahia to proceed with the PEA.

Across the entire 313 million-tonne Mineral Resource, copper and cobalt increase the grade from 0.22% NiT to 0.33% NiTEq, a 50% uplift over the total nickel grade. Copper and cobalt collectively represent approximately one-third of the reported NiTEq grade and provide significant potential by-product value. The potential contribution of these metals to project economics will be assessed in the PEA, including metallurgical recoveries, concentrate quality, payabilities and commercial terms.

Qualified Person

The scientific and technical information disclosed in this news release has been reviewed and approved by Eugene Puritch, P.Eng., FEC, CET, President of P&E Mining Consultants Inc., an independent Qualified Person as defined by NI 43-101.

The Inferred Mineral Resource in this estimate has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

About Bahia Metals Corp.

Bahia Metals Corp. (CSE: BMT) is a Canadian mineral exploration and development company focused on advancing Mangueiros Main, its flagship sulphide nickel-copper-cobalt-PGM asset, and evaluating the district-scale potential of its broader asset portfolio in Bahia State, Brazil.

The Company completed its initial public offering in January 2026, raising gross proceeds of $5.75 million, and secured a 100% interest in Mangueiros Main and its regional exploration projects, which were previously advanced by parties affiliated with Appian Capital Advisory Limited.

On behalf of the Board of Directors
Stephen Goodman
Chief Executive Officer and Director
T: +1 (604) 235-7083
E: investors@bahiametals.com

Follow Bahia Metals on LinkedIn and visit www.bahiametals.com

The Canadian Securities Exchange has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

Forward-Looking Statements

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements include, but are not limited to, statements regarding the PEA and its scope, timing, completion and results; the potential contribution of nickel, copper and cobalt to project economics; metallurgical recoveries, concentrate quality, payabilities and commercial terms; the potential to upgrade Mineral Resources; the exploration and growth potential of Mangueiros Main and the Company’s other properties; the Company’s ability to evaluate and advance Mangueiros Main and its other properties; the Company’s strategy, objectives and priorities; and the potential for the Company’s activities to create shareholder value.

Forward-looking information is based on assumptions management considers reasonable as of the date of this release, including the accuracy and completeness of technical information; the timing, scope and results of future work; commodity prices and market conditions; the availability of financing, personnel, equipment and infrastructure; receipt of required permits and approvals; and general economic and business conditions. It is subject to risks and uncertainties that may cause actual results to differ materially, including exploration, estimation, metallurgy and development risks; commodity-price volatility; financing and liquidity risks; permitting, environmental, regulatory, community, title and tenure risks; reliance on third parties; and other risks normally associated with mineral exploration and development.

Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information speaks only as of the date of this news release. Except as required by applicable law, the Company undertakes no obligation to update or revise it as a result of new information, future events or otherwise.

VANCOUVER, British Columbia, Sept. 24, 2026 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) will release its 2026 third quarter financial results before market open on October 8, 2026.

The NOVAGOLD management team will host a video webcast and conference call to discuss these results on Thursday, October 8, 2026 at 8:00 am PT (11:00 am ET).

The video webcast and conference call-in details are provided below.

	Video Webcast:	www.novagold.com/investors/events
	North American callers:	1-833-752-3655
	International callers:	1-647-846-8520

The webcast will be archived on NOVAGOLD’s website for one year. For a transcript of the call, please see https://www.novagold.com/investors/presentations/ to download or email info@novagold.com.

NOVAGOLD Contacts:

Mélanie Hennessey
Vice President, Corporate Communications

Frank Gagnon
Manager, Investor Relations

604-669-6227 or 1-866-669-6227
info@novagold.com

www.novagold.com

CALGARY, Alberta, Sept. 24, 2026 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company’s website at https://www.petrusresources.com/monthlyupdates.

ABOUT PETRUS
Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

FOR FURTHER INFORMATION PLEASE CONTACT:
Ken Gray
President and Chief Executive Officer
T: 403-930-0889
E: kgray@petrusresources.com

Hamilton, Bermuda, September 24, 2026 — Golar LNG Limited (the “Company”) (Nasdaq: GLNG) today announced the pricing of a private offering (the “Offering”) of $500 million in aggregate principal amount of unsecured senior notes due 2031 (the “Notes”). The Notes will bear interest at a rate of 7.5% per year and will mature on December 15, 2031. The Notes will be issued at 99% of their principal amount and will be senior unsecured obligations of the Company.

The sale of the Notes to the initial purchasers is expected to settle on October 8, 2026, subject to customary closing conditions.

Important Information

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer, solicitation or sale of the Notes in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Any offer of the Notes will be made only by means of a private offering memorandum.

The Notes are being offered in the United States only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States only in compliance with Regulation S under the Securities Act. The Notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Securities Act and applicable state securities laws.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management’s current expectations, estimates and projections. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “will,” “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “subject to” or the negative of these terms and similar expressions are intended to identify such forward-looking statements and include statements related to the offering of the Notes, the terms and conditions, the intended use of proceeds and other non-historical matters.

These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict and which could cause actual outcomes and results to differ materially from what is expressed or forecasted in such forward-looking statements. Such risks include risks relating to the closing of the Offering and the actual use of proceeds and other risks described in our most recent annual report on Form 20-F filed with the SEC.  You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.

Hamilton, Bermuda
September 24, 2026

Investor Questions: +44 207 063 7900
Karl Fredrik Staubo – CEO
Eduardo Maranhão – CFO

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This announcement is not being made in and copies of it may not be distributed or sent into any jurisdiction in which the publication, distribution or release would be unlawful.

Not for distribution to U.S. newswire services nor for dissemination to the United States.
All amounts in Canadian dollars.

BROOKFIELD NEWS, Sept. 24, 2026 (GLOBE NEWSWIRE) — Brookfield Office Properties Inc. (“Brookfield”), a subsidiary of Brookfield Property Partners L.P., today announced that after having taken into account all election notices received by the deadline for the conversion of the Class AAA Preference Shares, Series R (the “Series R Shares”) (TSX: BPO.PR.R) into Class AAA Preference Shares, Series S (the “Series S Shares”), the holders of Series R Shares are not entitled to convert their Series R Shares into Series S Shares. There were 24,640 Series R Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series S Shares.

The Series R Shares will pay on a quarterly basis, for the five-year period beginning on October 1, 2026, as and when declared by the board of directors of Brookfield, a fixed dividend based on an annual dividend rate of 6.829% (C$0.4268125 per share per quarter).

About Brookfield Office Properties

Brookfield Office Properties Inc. is a subsidiary of Brookfield Property Partners L.P., one of the world’s largest commercial real estate companies. For more information, please visit bpy.brookfield.com/bpo.

Brookfield Contact:

Keren Dubon
Investor Relations
Tel.: 212-618-3440
Email: keren.dubon@brookfield.com 

MONTREAL, Sept. 24, 2026 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading engineering, science and infrastructure solutions firms, today announces that Joseph (Joe) Sczurko will be retiring from WSP at the end of 2026 following a distinguished career spanning 40 years in the engineering and professional services industry. He joined WSP through the acquisition of Wood’s Environment & Infrastructure business while serving as its CEO, bringing deep industry experience and a strong leadership track record.

“Joe’s leadership has been instrumental in strengthening WSP’s position as one of the leading engineering, science and infrastructure solutions firms in the United States,” said Alexandre L’Heureux, President and CEO of WSP. “Throughout his career, he has championed a people-first culture, fostered strong client relationships, and guided the business through a period of significant growth and transformation. We are deeply grateful for his contributions and wish him every success in his retirement.”

During Joe Sczurko’s tenure, the U.S. business has continued to build momentum across key sectors and regions, anchored by WSP’s commitment to technical excellence, innovation, and collaboration.

“It has been a privilege to lead this remarkable part of the organization and work alongside such talented professionals,” said Joe Sczurko. “I am incredibly proud of what we have achieved together and am confident the business is well positioned for continued success. I thank the executive leadership of WSP and the great people that have supported me.”

To ensure a seamless leadership transition, Katus Watson, Chief Operating Officer for WSP in the U.S., has been appointed interim WSP U.S. Region President, effective October 1, 2026. Joe Sczurko will continue to serve as an advisor until December 31st, 2026, and will support the transition.

As an accomplished engineering executive with 30 years of leadership experience, Katus Watson has a track record of driving performance, supporting complex project delivery, and building high-performing teams. He currently oversees operational performance and advances strategic priorities across the WSP U.S. business.

Katus Watson will continue to work closely with WSP’s executive leadership team to advance the firm’s strategic priorities and maintain its focus on client service, operational excellence, and sustainable growth.

About WSP

WSP is one of the world’s leading engineering, science and infrastructure solutions firms, uniting its multidisciplinary expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 83,000 professionals known as Visioneers. Together they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, and mining and metals sectors. WSP is publicly listed on the Toronto Stock Exchange (TSX: WSP)

For more information, please contact:

Alain Michaud
Chief Financial Officer
WSP Global Inc.
alain.michaud@wsp.com
Phone: 438-843-7317 

NEWMARKET, Ontario, Sept. 24, 2026 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced the renewal and amendment of its existing senior secured credit facilities.

The renewed facilities consist of an amended and restated revolving asset-based credit facility agented by The Toronto-Dominion Bank and an amended and restated non-revolving term loan facility with Great Rock Capital Partners, LLC. The existing split-collateral structure remains substantially unchanged. The renewed facilities will provide AirBoss with improved pricing and a revised covenant package that includes increased flexibility for acquisitions and other transactions. The maturity date of both renewed facilities is September 24, 2031.

“The renewal of these facilities extends our financing runway while reducing borrowing costs and providing AirBoss with greater flexibility to execute our business plan,” said Chris Bitsakakis, President and Co-CEO of AirBoss. “We appreciate the continued support of our lending partners and believe these renewed facilities will provide a strong financing platform for the Company for the next five years.”

About AirBoss

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber and polymer compounds and finished products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through two divisions. AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Manufactured Products is a supplier of anti-vibration and rubber-molded solutions to the North American automotive market and other sectors, and also a global supplier of personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities, through its AirBoss Defense operations. The Company’s shares trade on the TSX under the symbol BOS and on the OTCQX under the symbol ABSSF. Visit www.airboss.com for more information.

AIRBOSS FORWARD LOOKING INFORMATION DISCLAIMER

Certain statements contained or incorporated by reference herein, including those that express management’s expectations or estimates of future developments or AirBoss’ future performance, constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, and can generally be identified by words such as “will”, “may”, “could” “expects”, “believes”, “anticipates”, “forecasts”, “plans”, “intends”, “should” or similar expressions. These statements are not historical facts but instead represent management’s expectations, estimates and projections regarding future events and performance.

Statements containing forward-looking information are necessarily based upon a number of opinions, estimates and assumptions that, while considered reasonable by management at the time the statements are made, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies. AirBoss cautions that such forward-looking information involves known and unknown contingencies, uncertainties and other risks that may cause AirBoss’ actual financial results, performance or achievements to be materially different from its estimated future results, performance or achievements expressed or implied by the forward-looking information. Numerous factors could cause actual results to differ materially from those in the forward-looking information, including without limitation: impact of general economic conditions, notably including its impact on demand for rubber solutions and products; dependence on key customers; global defense budgets, notably in the Company’s target markets, and success of the Company in obtaining new or extended defense contracts; contract-related risks; cyclical trends in the tire and automotive, construction, mining and retail industries; sufficient availability of raw materials at economical costs; weather conditions affecting raw materials, production and sales; global political uncertainty and policy change; AirBoss’ ability to maintain existing customers or develop new customers in light of increased competition; AirBoss’ ability to successfully integrate acquisitions of other businesses and/or companies or to realize on the anticipated benefits thereof; AirBoss’ ability to successfully develop and execute effective business strategies including, without limitation, its strategic transition; changes in accounting policies and methods, including uncertainties associated with critical accounting assumptions and estimates; changes in the value of the Canadian dollar relative to the US dollar; changes in tax laws; changes in trade policies or the imposition of new tariffs, duties or other similar restrictions which could influence the cost and flow of goods and services across borders; current and future litigation and regulatory actions; ability to obtain financing on acceptable terms and ability to satisfy the covenants set forth in such financing arrangements, including, without limitation, its ability to satisfy the covenants set forth in the amended and restated credit facilities described herein; environmental damage and non-compliance with environmental laws and regulations; impact of global health situations; IT/cybersecurity risks; and potential product liability and warranty claims and equipment malfunction. There is increased uncertainty associated with future operating assumptions and expectations as compared to prior periods. This list is not exhaustive of the factors that may affect any of AirBoss’ forward-looking information.

All of the forward-looking information in this press release is expressly qualified by these cautionary statements. Investors are cautioned not to put undue reliance on forward-looking information. All subsequent written and oral forward-looking information attributable to AirBoss or persons acting on its behalf are expressly qualified in their entirety by this notice. Forward-looking information contained herein is made as of the date of this press release and, whether as a result of new information, future events or otherwise, AirBoss disclaims any intent or obligation to update publicly the forward-looking information except as required by applicable laws. Risks and uncertainties about AirBoss’ business are more fully discussed under the heading “Risk Factors” in our most recent Annual Information Form and are otherwise disclosed in our filings with securities regulatory authorities which are available on SEDAR+ at www.sedarplus.com.

CONTACT: Investor Contact: investor.relations@airboss.com

Media Contact: media@airboss.com

Houston, Texas, Sept. 24, 2026 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) today announced plans to publish an updated investor presentation on Sept. 30, 2026. The presentation will be available in the Investor Events and Presentations section of the Company’s website at www.battalionoil.com.

The presentation is expected to include the following topics:

• Corporate overview and strategy
• Operational update
• Capital structure and liquidity
• Outlook

Going forward, the Company intends to continue providing investors with periodic updates.

Management Comments

“Our shareholder base has broadened significantly over the past year, and we remain committed to communicating regularly and openly with our investors,” said Matthew B. Steele, Chief Executive Officer. “This presentation lays out where Battalion stands today and our strategy to create value moving forward.”

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not strictly historical statements constitute forward-looking statements. Forward-looking statements in this release and in the investor presentation include, among others, statements about the Company’s strategy, anticipated production, liquidity, capital structure, capital spending, drilling and completion plans, use of the Company’s at-the-market equity program, and outlook. Forward-looking statements may often, but not always, be identified by the use of words such as “expects,” “believes,” “intends,” “anticipates,” “plans,” “estimates,” “projects,” “potential,” “possible” or “probable,” or statements that certain actions, events or results “may,” “will,” “should” or “could” be taken, occur or be achieved. Forward-looking statements are based on current beliefs and expectations, involve certain assumptions or estimates, and are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the statements. These risks include, but are not limited to, those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, its subsequent Quarterly Reports on Form 10-Q, and other filings made by the Company with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov or through the Company’s website at www.battalionoil.com. Readers should not place undue reliance on any such forward-looking statements, which are made only as of the date hereof. Except as required by applicable law, the Company has no duty, and assumes no obligation, to update forward-looking statements as a result of new information, future events or changes in the Company’s expectations.

About Battalion

Battalion Oil Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States.

CONTACT: BATTALION OIL CORPORATION
Matthew B. Steele
Chief Executive Officer
832-538-0300 | www.battalionoil.com

• Airline seeks to launch scheduled service to Ho Chi Minh City 

MONTRÉAL, Sept. 24, 2026 (GLOBE NEWSWIRE) — Air Canada today welcomed the Government of Canada’s announcement of an expanded Air Transport Agreement between Canada and Vietnam.

Reflecting the strong relationship between the two Governments and the aim of further strengthening commercial and cultural ties between the two countries, Air Canada plans to work with the relevant authorities to complete the approvals and procedures required to launch scheduled service to Ho Chi Minh City in 2027.

The announcement follows the State visit from His Excellency Tô Lâm, General Secretary and President of the Socialist Republic of Vietnam and today’s meeting in Ottawa between representatives of both countries, which marks an important step toward opening scheduled commercial air service between Canada and Vietnam.

“Vietnam is an important market in the broader Canada-Southeast Asia relationship. We welcome this expanded Air Transport Agreement and look forward to obtaining the necessary government approvals to begin service to Ho Chi Minh City,” said Mark Galardo, Executive Vice President & Chief Commercial Officer, and President, Cargo at Air Canada.

“Vietnam is one of Canada’s most dynamic trading partners in Southeast Asia. Our exports to Vietnam reached over $1.3 billion in 2025, up nearly 30% from the year before. By expanding our air transport agreement, we’re making it easier for people and goods to move between our countries, opening new doors for businesses and diversifying Canada’s trade,” said The Honourable Maninder Sidhu, P.C. M.P., Minister of International Trade for the Government of Canada.

“The Canada-ASEAN Business Council welcomes Air Canada’s intention to launch scheduled service to Ho Chi Minh City in 2027. Direct air connectivity between Canada and Vietnam would be an important step in strengthening commercial ties, supporting tourism and investment, and helping Canadian businesses deepen their engagement in one of Southeast Asia’s most dynamic markets.” Meghan Pritchard, Executive Director, Canada ASEAN Business Council.

Future service remains subject to receipt of the necessary government approvals and completion of applicable processes to operate in Vietnam.

About Air Canada

Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Headquartered in Montréal, Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, with more than 10 million members worldwide. Members can earn or redeem points on the world’s largest airline partner network of more than 50 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers a selection of vacation and Flight & Hotel packages, tours, cruises, car rentals, and experiences. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger and freighter aircraft. Air Canada’s climate-related ambition includes a long-term aspirational goal of net-zero greenhouse gas emissions by 2050. For additional information, please see Air Canada’s TCFD disclosure. Air Canada shares are publicly traded on the TSX (AC).

Contacts:       media@aircanada.ca

Internet:         aircanada.com/media

Read our annual report Here

Sign up for Air Canada news: aircanada.com

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CAUTION REGARDING FORWARD-LOOKING INFORMATION 

This news release includes forward-looking statements within the meaning of applicable securities laws. Forward-looking statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements may involve, but are not limited to, comments relating to guidance, strategies, expectations, planned operations or future actions. Forward-looking statements are identified using terms and phrases such as “preliminary”; “anticipate”; “believe”; “could”; “estimate”; “expect”; “intend”; “may”; “plan”; “predict”; “project”; “will”; “would”; and similar terms and phrases, including references to assumptions. 

Forward-looking statements, by their nature, are based on assumptions including those described herein and are subject to important risks and uncertainties, which are amplified in the current environment. Forward-looking statements cannot be relied upon due to, among other things, changing external events and general uncertainties of the business of Air Canada. Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including those discussed below. 

Factors that may cause results to differ materially from results indicated in forward-looking statements include economic conditions, statements or actions by governments and uncertainty relating to the imposition of (or threats to impose) tariffs on Canadian exports or imports and their resulting impacts on the Canadian, North American and global economies and travel demand, geopolitical conditions such as the military conflicts in the Middle East and between Russia and Ukraine, Air Canada’s ability to successfully achieve or sustain positive net profitability, industry and market conditions and the demand environment, competition, Air Canada’s dependence on technology, cybersecurity risks, interruptions of service, climate change and environmental factors (including weather systems and other natural phenomena and factors arising from anthropogenic sources), Air Canada’s dependence on key suppliers (including government agencies and other stakeholders supporting airport and airline operations), employee and labour relations and costs, Air Canada’s ability to successfully implement appropriate strategic and other important initiatives (including Air Canada’s ability to manage operating costs), energy prices, Air Canada’s ability to pay its indebtedness and maintain or increase liquidity, Air Canada’s dependence on regional and other carriers, Air Canada’s ability to attract and retain required personnel, epidemic diseases, changes in laws, regulatory developments or proceedings, terrorist acts, war, Air Canada’s ability to successfully operate its loyalty program, casualty losses, Air Canada’s dependence on Star Alliance® and joint ventures, Air Canada’s ability to preserve and grow its brand, pending and future litigation and actions by third parties, currency exchange fluctuations, limitations due to restrictive covenants, insurance issues and costs, and pension plan obligations as well as the factors identified in Air Canada’s public disclosure file available at www.sedarplus.ca and, in particular, those identified in section 18 “Risk Factors” of Air Canada’s 2025 MD&A. 

Air Canada has and continues to establish targets, make commitments and assess the impact regarding climate change, and related initiatives, plans and proposals that Air Canada and other stakeholders (including government, regulatory and other bodies) are pursuing in relation to climate change and carbon emissions. The achievement of our commitments and targets depends on many factors, including the combined actions of governments, industry, suppliers and other stakeholders and actors, as well as the development and implementation of new technologies. In particular, our 2030 carbon emission-related targets and our related 2050 aspiration are ambitious and heavily dependent on new technologies, renewable energies and the availability of a sufficient supply of sustainable aviation fuels (SAF), which continues to present serious challenges. In addition, Air Canada has incurred, and expects to continue to incur, costs to achieve its goal of net-zero carbon emissions and to comply with environmental sustainability legislation and regulation and other standards and accords. The precise nature of future binding or non-binding legislation, regulation, standards and accords, on which local and international stakeholders are increasingly focusing, cannot be predicted with any degree of certainty, nor can their financial, operational or other impact. There can be no assurance of the extent to which any of our climate goals will be achieved or that any future investments that we make in furtherance of achieving our climate goals will produce the expected results or meet increasing stakeholder environmental, social and governance expectations. Moreover, future events could lead Air Canada to prioritize other nearer-term interests over progressing toward our current climate goals based on business strategy, economic, regulatory and social factors, and potential pressure from investors, activist groups or other stakeholders. If we are unable to meet or properly report on our progress toward achieving our climate change goals and commitments, we could face adverse publicity and reactions from investors, customers, advocacy groups or other stakeholders, which could result in reputational harm or other adverse effects to Air Canada. 

The forward-looking statements contained or incorporated by reference in this news release represent Air Canada’s expectations as of the date of this news release (or as of the date they are otherwise stated to be made) and are subject to change after such date. However, Air Canada disclaims any intention or obligation to update or revise any forward-looking statements whether because of new information, future events or otherwise, except as required under applicable securities regulations.