Author: Ravi Shankar

SHANGHAI, China, Oct. 22, 2026 (GLOBE NEWSWIRE) — FREELANDER has completed the first test drive of the international variant of FREELANDER 8 at the 2026 Chery International User Summit in Wuhu. From 19 to 21 October, international media, content creators and dealer partners experienced FREELANDER 8 on and off road, across an all-terrain course at Tuju Campground, an obstacle course and a paved test course.

Mud, Rain and Changing Terrain

The programme began on 19 October at Tuju Campground, where rain added to the challenge of an all-terrain course with mud tracks, S-bends, wavy roads and sand and gravel. i-ATS (Intelligent All-Terrain System) helped drivers adapt to the changing surfaces. Its nine modes combine seven terrain programmes with Smart Mode, which responds to changing surface conditions, and Expert Mode for experienced drivers.

“I think the driving experience is very good. The systems are working very well on the mud,” said a guest from Slovakia. “The weather is perfect for testing this car today.”

The All-Terrain Dual Lock System, which combines a virtual central differential lock with a rear electronic limited-slip differential (e-LSD), helped maintain traction on soft ground, while the dual-chamber air suspension can raise the vehicle for more ground clearance off road.

“I think it’s a combination of elegance, beauty and power for the off-road,” said a guest from the Dominican Republic.

FREELANDER 8 powers through mud on the all-terrain course at Tuju Campground

Steep Climbs, Water and Cross-Axle Sections

On 20 and 21 October, the obstacle course included steep inclines, water crossings and cross-axle sections. Under the relevant test conditions, FREELANDER 8 can climb gradients of up to 70%, wade through water up to 900 mm deep and pass an 800 mm cross-axle test. When wading, radar measures the water depth, and the centre display shows it in real time. These capabilities are subject to the vehicle’s operating limits and appropriate driving conditions.

FREELANDER 8 tackles a cross-axle section on the obstacle course during the first test drive of the international variant

On the Road and in the Car Park

On 21 October, the paved test course allowed participants to assess acceleration, braking, handling and ride comfort. For the international left-hand drive version, the 2.0T Dedicated Hybrid Engine and dual-motor all-wheel-drive system deliver 460 kW of peak power and 0–100 km/h acceleration in 5.8 seconds. A dedicated session also introduced SIVP (Super Intelligent Valet Parking), which will be available in selected markets for supported parking scenarios, subject to system operating conditions.

FREELANDER 8 on the paved test course during the first test drive of the international variant

First-Hand Impressions

Guests also highlighted how composed FREELANDER 8 felt in difficult conditions. “It was like driving normally,” said a guest from Greece, describing the mud course. “I guess they will love the design and the security that you felt while driving it,” said another guest from the Dominican Republic.

Beyond the Legend

The test drive programme ran alongside FREELANDER Nightfall on 19 October, where guests were welcomed by Mornine, an embodied AI humanoid robot from Chery International’s AiMOGA brand. FREELANDER 8 is expected to launch in the UAE in the first quarter of 2027. Together, the Summit programme shows how FREELANDER 8 brings together premium heritage, intelligent technology and all-terrain capability. This combination reflects the brand slogan “Beyond the Legend” and its vision of building on its heritage through intelligent innovation and distinctive design.

About FREELANDER

FREELANDER is a British Premium Intelligent All-Terrain Brand, jointly developed by JLR and Chery Group. JLR owns the FREELANDER brand and has established a dedicated FREELANDER Design Hub to lead its design. Chery provides advanced intelligent technology and a top-tier global supply chain. The brand’s global foundation includes more than 5,000 employees, five strategic hubs and fully integrated capabilities spanning design, R&D, manufacturing and global operations.

Media contact
Daniel Bao
freelander.international@mychery.com
https://www.cheryinternational.com/

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/850fc5fe-ce4e-4eb2-82f4-20cc4e6c7608

https://www.globenewswire.com/NewsRoom/AttachmentNg/5c77254d-2ce6-4267-9ba9-6583a60f51e3

https://www.globenewswire.com/NewsRoom/AttachmentNg/f779eeaf-f9b5-4552-976a-17bd5e8dcc95 

• New Colorado facility strengthens domestic 3D printing production capabilities for aerospace, defense, and semiconductor equipment manufacturers while advancing supply chain resilience
• Adds 50,000 sq. foot of production and office space at Littleton, CO. campus
• Increases opportunities for workforce development in Colorado region

ROCK HILL, S.C., Oct. 22, 2026 (GLOBE NEWSWIRE) — The listed names beneath the photo in a press release issued yesterday by 3D Systems Inc. have been corrected. The corrected release follows:

3D Systems (NYSE: DDD) today announced the grand opening of its new Industrial Technology Center in Littleton, Colorado, expanding the company’s ability to help aerospace, defense, and semiconductor equipment manufacturers accelerate the development, qualification, and production of mission-critical components using 3D printing.

The addition of approximately 50,000 square feet of manufacturing and office space increases the 3D Systems’ advanced manufacturing capacity to approximately 270,000 square feet across Europe and US, creating one of the industry’s most comprehensive additive manufacturing offerings. The expanded facility in Colorado strengthens domestic manufacturing capacity, enhances supply chain resilience, and supports growing demand for qualified U.S.-based production.

“Customers today need more than manufacturing capacity. They need a trusted partner that can help them develop applications, qualify processes, and scale production with confidence,” said Reji Puthenveetil, Executive Vice President, Additive Solutions, 3D Systems. “The expansion of our Littleton campus allows us to rapidly scale production while leveraging the same validated processes, quality systems, and manufacturing expertise that customers depend upon for their most critical applications.”

From Left: Joe Zuiker, 3D Systems. Reji Puthenveetil, 3D Systems. Representative Sheila Lieder, Colorado Assembly. U.S. Representative Brittany Pettersen. Jeff Graves, CEO, 3D Systems. US Senator John Hickenlooper. Phyllis Nordstrom, 3D Systems. Merrill Stillwell, Councilmember City of Littleton​, CO. Trista Borrego​, Littleton CO. Business Chamber.

Supporting America’s Industrial Base

The Littleton campus now serves as a strategic hub for customers seeking to accelerate adoption of additive manufacturing while reducing development risk and shortening time to production.

The expansion reflects increasing demand for domestic manufacturing solutions across aerospace, defense, and semiconductor equipment markets, where secure supply chains, production readiness, and manufacturing flexibility are becoming increasingly important.

Combined with the company’s expertise in additive manufacturing hardware, materials, software, and application engineering, the facility provides customers with a pathway from concept development through qualified production.

Built for Qualified Production

The Littleton facility maintains certifications and registrations required to support highly regulated and mission-critical applications, including:

• ISO9001 / AS9100D Certified
• ITAR Registered
• JCP Registered / eJCP in-process (DD2345s)
• CMMC Level 2 compliant (CUI)

These capabilities enable customers to move more efficiently from application development and qualification to repeatable, production-scale manufacturing.

Expanding from a Proven Foundation

The Industrial Technology Center builds upon decades of manufacturing experience in regulated healthcare applications. The Littleton campus has developed extensive expertise in process validation, quality management, and production of highly demanding applications, capabilities that are increasingly valuable to aerospace, defense, and semiconductor customers.

“The opening of the Industrial Technology Center not only expands our industrial manufacturing capabilities but also creates additional opportunities for the continued growth of our healthcare manufacturing operations,” said Dr. Jeffrey Graves, President and CEO of 3D Systems. “This investment reinforces our commitment to advanced manufacturing in the United States while creating new opportunities for engineers, technicians, and manufacturing professionals in Colorado.”

Creating a Unique Domestic Additive Manufacturing Ecosystem

Upon completion of planned investments, 3D Systems will offer one of the industry’s most comprehensive domestic metal additive manufacturing ecosystems, encompassing:

• Metal additive system development in California of the multi-phase U.S. Air Force sponsored program
• Large-format printer manufacturing in South Carolina
• Application development, qualification, and certified parts production in Colorado

This integrated approach positions the company to support customers seeking secure, domestic supply chains while accelerating the adoption of advanced manufacturing technologies.

“With validated facilities, certified quality systems, advanced applications expertise, and scalable production capacity already in place, we are uniquely positioned to help customers move from concept to qualified production faster and with less risk,” said Dr. Graves. “Our goal is simple: help customers innovate more quickly while strengthening the resilience of critical American manufacturing supply chains.”

About 3D Systems

For 40 years Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com.

Forward-Looking Statements

Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding the timing of product launches, regulatory approvals, market opportunities, expected revenue impact, and shareholder value. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not, be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.

Investor Contact: investor.relations@3dsystems.com 

Media Contact: press@3dsystems.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0c9259ac-7599-4b5a-b394-ae2c95aa57b4

Moving beyond prototypes to delivering the highest quality, highest performance short-range lidar sensor with integrated perception, multi-echo sensing, and versatility for demanding, mission-critical applications

ORLANDO, Fla, Oct. 22, 2026 (GLOBE NEWSWIRE) — MicroVision, Inc. (NASDAQ: MVIS), a leader in advanced perception solutions for industrial, security and defense, intelligent infrastructure, and automotive applications, today announced the much-anticipated commercial production launch of MOVIA™ Pro, shipping sensors to meet customer demand. MOVIA Pro is the company’s next-generation short-range lidar sensor uniquely engineered to deliver differentiated sensing performance and onboard perception capabilities, with flexible integration across intelligent infrastructure, unmanned aerial, industrial robotics, and other emerging autonomous applications. 

As the lidar industry transitions toward solid-state architectures that enable cost-effective sensing solutions, MicroVision’s MOVIA Pro is designed to deliver enhanced short-range detection performance for demanding applications. By combining advanced sensing capabilities with onboard perception, MOVIA Pro makes high-performance lidar more accessible across a broader range of autonomous and intelligent systems.  

MOVIA Pro joins the company’s broader portfolio of short- and long-range lidar technologies, airborne sensing solutions and advanced perception software, providing customers with configurable solutions for a growing range of operating environments. The launch of MOVIA Pro reinforces MicroVision’s transformation into a diversified perception technology company focused on delivering commercially ready solutions for industrial, intelligent infrastructure, security and defense, and emerging autonomous applications.  

“We’re thrilled to meet pent-up customer demand with this production launch of MOVIA Pro,” said Glen DeVos, CEO of MicroVision. “Customers are ready to progress from evaluation of prototypes to launching commercial programs, and we are pleased to support their progression. Our Orlando-based state-of-the-art production facility is manufacturing MOVIA Pro to meet the increasing demand. 

DeVos continued, “With MOVIA Pro, we’ve combined high-performance sensing with onboard computing, an open software framework and industrial-ready connectivity. This is one device that can sense, perceive, and act, providing customers with a more integrated and adaptable solution.” 

One Sensor That Sees, Understands, and Enables Solutions at the Edge 

MOVIA Pro is MicroVision’s production-ready version of MOVIA S, loaded with high-performance features and a differentiation that extends beyond sensing hardware. Built around an integrated processing architecture, MOVIA Pro enables perception software to run directly on the sensor through MicroVision’s Open Software Framework. This allows developers and customers to build, deploy, and update applications on the device, rather than relying exclusively on external computing hardware to interpret point-cloud data. The architecture enables MOVIA Pro to generate sensing information, process that information into actionable perception outputs, and communicate results directly to connected systems. 

Key capabilities include: 

• Onboard perception, edge AI, and open software: Processes point-cloud data directly on the sensor to generate object-level information, supporting AI at the edge and reducing reliance on external computing devices. Multi-echo sensing enhances perception by capturing multiple returns from a single emitted pulse, helping detect objects in challenging conditions. An open, Linux-based software framework enables customers to develop, deploy, and update perception applications. 
• Flexible connectivity and industrial integration: Supports CAN, Gigabit and 100Mbit Ethernet, and industrial-ready I/O and connectors to simplify integration with industrial equipment, vehicles, and control systems. 
• Software-defined evolution: Enables capabilities and enhancements through software updates, with a foundation for future-edge computing and AI-ready capabilities. 

By combining sensing and perception in a single device, MOVIA Pro is designed to reduce system complexity, cabling and external hardware requirements while supporting more efficient integration, maintenance and future upgrades.  

Movia Pro is MicroVision’s next-generation short-range lidar sensor that delivers integrated perception and multi-echo sensing, built for flexible integration across various commercial applications. 

Purpose-Built for High-Value Commercial Applications 

MOVIA Pro is designed to support a broad range of commercial and defense applications, with MicroVision prioritizing markets where advanced short-range perception can address immediate operational challenges and enable new levels of automation. Its configurable sensing and perception architecture supports applications across: 

• Aerial Systems – Civil and Defense: Supporting navigation, obstacle awareness, mapping, environmental perception and autonomous operations for unmanned platforms, where compact sensing, onboard processing and reliable perception are critical. 
• Intelligent Transportation and Smart Infrastructure: Enabling intelligent intersections, traffic monitoring, automated traffic enforcement, infrastructure surveillance and connected transportation systems through high-resolution sensing, broad field of view, and industrial connectivity. Anonymized sensing capabilities can support monitoring applications where privacy is a consideration.  
• Warehouse and Industrial Automation: Supporting obstacle detection, environmental awareness and automated navigation for autonomous mobile robots (AMRs), automated guided vehicles (AGVs), forklift advanced driver-assistance systems and other intelligent industrial equipment. Continuous near-field coverage, multi-echo capabilities and onboard perception help address dynamic environments where people, equipment and autonomous machines operate in close proximity. 
• Security, Defense, and Emerging Applications: Supporting infrastructure protection, autonomous ground systems, off-road unmanned ground vehicles, marine systems, commercial vehicles and selected automotive applications, including low-speed autonomy, blind-spot detection and off-road assistance.  

Availability and Product Information 

MOVIA Pro is now available for customer orders. For additional product information, visit https://microvision.com/sensors/movia-pro. For inquiries, please contact us here. 

About MicroVision 

MicroVision is defining the next generation of lidar-based perception solutions for industrial, security & defense, infrastructure, and automotive markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors, advanced sensor architectures, design-to-cost engineering, and open software solutions. 

For more information, visit the company’s website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, and LinkedIn at https://www.linkedin.com/company/microvision/. 

MicroVision, MicroVision HALO, IRIS, MOVIA, MOSAIK, and SENTINEL are trademarks of MicroVision, Inc., and SCANTINEL is a trademark of Scantinel GmbH, in the United States and other countries. All other trademarks are the property of their respective owners. 

Investor Relations Contact 

Jeff Christensen 

Darrow Associates Investor Relations 

MVIS@darrowir.com 

Media Contact 

Heidi Davidson – For MicroVision 

heidi@galvanizeworldwide.com 

(914) 441-6862 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4cefa47c-fd91-45dd-8471-9c2a9c22ac98

Cash & Bullion of $440 million – Maiden dividend paid

PERTH, Australia, Oct. 22, 2026 (GLOBE NEWSWIRE) —

Operations

• Q1 FY27 gold equivalent production of 40,740 AuEq oz @ AISC of $2,805/AuEq oz^1,2.
• Gold equivalent sales for the quarter of 38,348 ounces¹ for revenue of $206 million at an average gold sales price of $5,128/oz and an average antimony sales price of $23,842/t.
• Mine operating cash flow of $102 million for the quarter³.
• FY27 production guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce^1,2.

Growth Projects

• Tomingley
  • Newell Highway – Offline pavement works, base slab concrete pours for culverts and northern tie-in works ongoing. Southern tie-in works between highway and bypass commenced.
  • Kyalite Road – Planks for haul road overpass placed, abutments to near full height, topsoil placement on abutments ongoing.
• Björkdal
  • Storheden – Initial till removal has been completed on the new portal. Lateral development to the Storheden deposit from underground commenced.
  • Tailings Dam – Wall lifts are on budget and schedule.

Exploration

• Costerfield
  • Infill Drilling of the True Blue prospect provides resolution of geological complexity of the deposit.⁴
  • Extension Drilling at Brunswick South delineates deep gold domain as well as newly discovered mineral trend 200m from the target.⁵
  • New high-grade domain was discovered in the Cuffley deposit at Costerfield.⁶
• Björkdal
  • Drilling supports extension at Björkdal with high-grade intercepted within the northern and eastern extension areas.⁷
  • Mineral Resource at Storheden, Björkdal significantly increased with further extension drilling.⁸
• Annual Mineral Resource and Ore Reserves Statement highlights Reserve growth beyond depletion replacement at all 3 operating mines.⁹

Finance and Corporate

• Cash, bullion and listed investment balance of $459 million after $13 million of corporate income tax payments during the quarter.
• Final income tax payments related to FY26 of $55-60 million anticipated in the December quarter.
• 7,800 ounces of hedges filled during the quarter.
• Maiden fully franked dividend of 2 cents per share paid. $50 million buyback approved in September 2026.

Managing Director and CEO, Nic Earner, commented:

“It has been a solid start to FY27 for Alkane, producing 39,823 ounces of gold and 396 tonnes of antimony (40,740 ounces of gold equivalent) for the quarter at an AISC of $2,805 per ounce, below our full year cost guidance range.

Our site operating cashflow was $102 million for the quarter and, after paying our maiden dividend and $13 million in income tax, we closed the quarter with $440 million in cash and bullion, or $459 million including listed investments.

Paying Alkane’s first ever dividend of 2 cents per share, fully franked, is a significant milestone for the Company and a tangible return to the shareholders who have supported our growth. With monthly mining and processing records set at Tomingley and successive monthly throughput records at Costerfield, we are well positioned and reaffirm our full year FY27 guidance of 163-177koz gold equivalent at an AISC of $2,900-$3,200 per ounce.”

Q1 FY27 OPERATING & FINANCIAL RESULTS WEBCAST

The Managing Director & CEO, Mr Nic Earner, and CFO, Mr James Carter, will host a conference call and webcast to discuss the September Quarter results. Details to participate are as follows:
        

Date/Time:	Perth, Australia 7:00am AWST, Friday, 23 October 2026 Sydney, Australia 10:00am AEDT, Friday, 23 October 2026 Toronto, Canada 7:00pm EDT, Thursday, 22 October 2026
Conference Call Registration:	https://register-conf.media-server.com/register/BI32ed02fad6e54915bbda2bf8ecef6e4d
Webcast Link:	https://edge.media-server.com/mmc/p/qkjwtfyc

The accompanying presentation slides and a replay of the webcast will be available on the Company’s website – HERE.

GROUP SUMMARY

Gold-Antimony Production

Alkane produced 39,823 ounces of gold and 396 tonnes of antimony in Q1 FY27, resulting in a Group quarterly production of 40,740 gold equivalent ounces at an AISC of $2,805/AuEq oz¹.

Alkane processed 740,776 tonnes of ore in total at an average gold grade of 1.83g/t Au producing 39,823 oz of gold. Tomingley processed 343,988 tonnes of ore with an average gold grade of 2.16g/t. At Costerfield, the average grade of gold was 6.47g/t, and the average grade of antimony was 1.11%, with 41,528 tonnes of ore processed. Björkdal processed 355,260 tonnes of ore with an average gold grade of 0.98g/t.

Table 1: September Quarter 2026 operational performance summary

Operations	Units	Tomingley	Costerfield	Björkdal	Total
Ore mined	t	385,710	43,263	225,603	654,577
Mined ore gold grade	g/t	1.98	6.24	1.42	2.07
Mined ore antimony grade	%	0	1.12	0	1.12
Processed ore	t	343,988	41,528	355,260	740,776
Processed ore – milled head grade gold	g/t	2.16	6.47	0.98	1.83
Processed ore – milled head grade antimony	%	0	1.11	0	1.11
Recovery gold	%	90.32	92.88	85.54	89.58
Recovery antimony	%	0	89.11	0	89.11
Gold produced	oz	21,506	7,835	10,482	39,823
Antimony produced	t	0	396	0	396
Gold equivalent produced1	oz	21,506	8,752	10,482	40,740
Ore stockpiles – contained gold	oz	15,606	6,648	13,456	35,710
Ore stockpiles – contained antimony	t	0	349	0	349
Gold equivalent in circuit, finished concentrate and bullion1	oz	4,757	4,515	1,738	11,010

Revenue

Gold equivalent sales for the quarter of 38,348 ounces¹ (Q4 FY26: 47,411 AuEq oz) for revenue of $206 million (Q4 FY26: $257 million) at an average gold sales price of $5,128/oz (Q4 FY26: $5,599/oz) and an average antimony sales price of $23,842/t (Q4 FY26: $30,602/t). Revenue from Tomingley includes 7,800 ounces delivered into forward contracts at $2,884/oz.

Björkdal’s and Costerfield’s average gold sales prices were $5,264/oz and $5,919/oz respectively. Revenue for the quarter at these operations includes adjustments to provisionally priced concentrate sales, which are then revalued at each reporting date (by using the current market price at the end of each reporting period). The average sales price is pre-adjusted revenue divided by the number of ounces sold during the quarter. Metal prices and final invoice assay adjustments resulted in positive provisional pricing adjustments of $10 million at Björkdal. This was driven by ~1,200 additional ounces realised from upgraded concentrate shipments, together with a 4% increase in the gold price over the quarter. At Costerfield, there was a negative provisional pricing adjustment of $1 million mainly attributed to declining antimony prices (the closing Shanghai Metal Market price was down 9% on Q4 FY26).

Operating Costs, Cash Operating Costs per Gold Equivalent Ounce Produced, All-In Sustaining Costs (“AISC”) per Gold Equivalent Ounce Produced and Capital Expenditures

Group AISC was $2,805/AuEq oz¹ for the quarter and group cash costs were $2,424/AuEq oz for the quarter.

Total operational sustaining, growth and exploration capital expenditure during Q1 FY27 was $59 million.

Sustaining capital was ~$13 million which included $6 million for capital development across all sites.

Growth capital of ~$37 million included $16 million for the Newell Highway realignment at Tomingley, $10 million for mobile equipment purchases and rebuilds at Tomingley and Björkdal, and $4 million for tailings storage facility construction at Björkdal.

Exploration expenditure of ~$9 million was primarily incurred at Costerfield. This focused on extending mineral resources at the Kendall, Brunswick South and Cuffley deposits, as well as recommencing several high-priority targets further afield.

Table 2: September Quarter 2026 financial performance summary

Financials	Units	Tomingley	Costerfield	Björkdal	Total
Gold sold	oz	20,458	6,790	10,702	37,950
Antimony sold (pre-payable)	t	0	172	0	172
Gold equivalent sold	oz	20,458	7,188	10,702	38,348
Achieved gold price	$/oz	4,795	5,919	5,264	5,128
Achieved antimony price	$/t	0	23,842	0	23,842
Revenue for the quarter	$’000	98,097	43,101	56,333	197,531
Gold provisional pricing adjustments	$’000	0	(144)	9,557	9,413
Antimony provisional pricing adjustments	$’000	0	(1,059)	0	(1,059)
Total revenue from mining operations	$’000	98,097	41,898	65,890	205,885
Mining	$’000	27,555	15,509	14,788	57,853
Processing	$’000	17,364	4,662	6,592	28,618
G&A	$’000	4,656	3,731	3,897	12,284
Cash cost	$’000	49,575	23,903	25,277	98,755
Inventory movements	$’000	(5,003)	(1,812)	(117)	(6,932)
Royalties	$’000	3,039	1,185	128	4,352
Corporate costs	$’000				4,430
Rehabilitation	$’000	360	674	84	1,119
Sustaining Capital	$’000	2,353	4,003	6,203	12,559
All-in sustaining cost	$’000	50,324	27,954	31,576	114,283
Exploration	$’000	1,889	6,514	717	9,119
Growth capital	$’000	25,326	2,849	9,135	37,310
All-in cost	$’000	77,539	37,317	41,427	160,713
Gold produced	oz	21,506	7,835	10,482	39,823
Antimony produced	t	0	396	0	396
Gold equivalent produced	oz	21,506	8,752	10,482	40,740
Cash cost	$/oz	2,305	2,731	2,411	2,424
All-in sustaining cost	$/oz	2,340	3,194	3,012	2,805
All-in cost	$/oz	3,605	4,264	3,952	3,945
Mine operating cash flow	$’000	52,348	29,148	20,879	102,376

Cash flow

Alkane closed the quarter with cash, bullion and liquid investments of $459 million – comprising $440 million in cash and bullion (including $15 million of bullion) and $19 million in listed investments. This result was driven by Group gold sales at 38,348 gold equivalent ounces¹ at a gold sales price of $5,128/oz (Q4 FY26: $5,599oz) and an antimony sales price of $23,842/t (Q4 FY26: $30,602/t) generating $206 million in revenue. Alkane’s operations generated $102 million in mine operating cashflows with the achieved margin of $2,323/AuEq oz over AISC.

Tax outflows were $13 million during the quarter. Final tax payments for FY26 will be paid in the December quarter and are estimated to be $55-60 million. Corporate and other cashflows were $21 million. This includes $11 million on Lupin closure costs, $9 million on corporate costs, $2 million on Boda-Kaiser, $5 million on regional exploration and working capital movements, offset by $2 million of SKY investment sold and $4 million of interest revenue. The group received $8 million of cash returned from cash backed bonds during the quarter and paid a dividend of $24 million; the $4 million TSX portion of the dividend will be an outflow in the December quarter as this payment was completed on 1^st of October.

Material items of growth capital spend during the quarter included Newell Highway and Kyalite bridge works at Tomingley, tailings facility storage capacity increase at Björkdal and exploration at Costerfield.

OPERATIONS AND PROJECTS

Tomingley Gold Operations – NSW
Tomingley Gold Operations Pty Ltd (100%)

Tomingley Gold Operations (Tomingley) is a wholly owned operation of Alkane, located near the village of Tomingley, approximately 50km southwest of Dubbo in Central Western New South Wales. Tomingley has been operating since 2014. Mining occurs underground on four gold deposits (Wyoming One, Caloma One, Caloma Two and Roswell).

Tomingley	Units	Dec-25	Mar-26	Jun-26	Sep-26
Gold produced	oz	22,089	21,652	20,896	21,506
All-in sustaining cost	$/oz	2,216	2,444	2,481	2,340
All-in cost	$/oz	2,551	2,769	3,003	3,605
Mine operating cash flow	$’000	67,299	54,372	75,682	52,348

Operations Performance

The primary source of ore continues to be from Roswell. Underground ore mined was above plan at 385,710t largely driven by availability of stoping ore enabling production from multiple sources.

Processing continues to perform well with milling exceeding plan primarily because of the continued use of a mobile crusher to pre-crush material prior to entering the processing circuit with ongoing trials to determine optimal product sizes.

During the quarter, new monthly records for both mining (139,499t mined) and processing (120,314t milled) were set. A total of 21,506 ounces of gold was produced for the quarter (Q4 FY26: 20,896 oz). The site cash costs for the quarter were $2,305/oz (Q4 FY26: $2,227/oz) with an AISC of $2,340/oz (Q4 FY26: $2,481/oz).² Gold sold for the quarter was 20,458 ounces at an average sales price of $4,795/oz, generating revenue of $98 million. Bullion stocks totalled 2,586 ounces, valued at $15 million using the closing price at quarter end. The site’s operating cash flow was $52 million for the quarter.

Work continued on the Newell Highway diversion during the quarter with continued good progression of offline works, although some time was lost because of wet weather. Concrete pours were ongoing for culvert bases with work continuing on the ‘northern tie-in’ of the offline works, work ongoing on the current alignment as well as commencing on the ‘southern tie-in’ during the quarter. Current plans (subject to weather delays) are for traffic to switch onto the new highway alignment early in the June 2027 quarter, with open pit mining activities to commence thereafter.

Roadworks (looking North)

Roadworks (looking South)

Kyalite Bridge Works Overview (29/09/26) – looking south

Exploration

During the quarter Near Mine exploration at Tomingley was focused on testing the area between Roswell and Wyoming One as well as extending the newly discovered mineralisation west of the Macleans Resource. Additionally, drilling was undertaken to further investigate a mineralised monzodiorite package immediately to the north of Roswell.

Within the tenements surrounding the Mining Licence, exploration continued and was focused on the El Paso deposit which lays ~2km to the south of the scheduled production at the San Antonio open pit.

On 15 October 2026, Alkane released the results from its deep drill hole (1,651m) under the Peak Hill historic gold mine. The drilling tested for a potential copper-gold porphyry system hypothesised to exist below the high sulphidation system previously mined. While the drilling did not fully resolve the porphyry target, it successfully intersected the continuation of the mineralised high-sulphidation epithermal system approximately 1 km below the Proprietary open pit, demonstrating significant vertical continuity of alteration and mineralisation. Key results included 6.4 metres at 0.42 g/t Au from 1,000.6 metres and 153 metres at 0.11 g/t Au and 0.02% Cu from 1,427 metres, confirming the system remains open at depth and may transition toward a deeper porphyry source. The results highlight substantial exploration upside beneath the existing resource, with a further 6,600 metres of follow-up drilling planned to test for higher-grade extensions and better define the scale of the mineralised system.¹⁰

Geological map of Tomingley showing areas of exploration during Q1 FY27

Costerfield Gold-Antimony Operations – Victoria

Mandalay Resources Costerfield Operations Pty Ltd (100%)

Costerfield Gold-Antimony Operations (Costerfield) is a wholly owned operation of Alkane. Costerfield is located within the Costerfield mining district of Central Victoria, Australia, approximately 10 km northeast of the town of Heathcote and 50 km east of the city of Bendigo.

The property encompasses the underground infrastructure supporting the Augusta, Cuffley, Brunswick, Youle and Shepherd deposits; the Augusta Mine Site (Augusta), the Brunswick Processing Plant; the Splitters Creek Evaporation Facility; the Brunswick and Bombay Tailings Storage Facilities (TSF) and associated infrastructure.

Costerfield	Units	Dec-25	Mar-26	Jun-26	Sep-26
Gold produced	oz	10,790	10,584	10,117	7,835
Antimony produced	t	267	377	456	396
Gold equivalent produced	oz	11,686	11,691	11,659	8,752
All-in sustaining cost	$/oz	2,149	2,521	2,568	3,194
All-in cost	$/oz	2,771	3,090	3,438	4,264
Mine operating cash flow	$’000	29,822	80,130	49,673	29,148

Operations Performance   

Costerfield delivered another steady operational performance for the quarter, with both ore mining and milling rates exceeding plan. Tonnes mined were strong, with mining advance tracking reasonably well, although head grades came in below plan. Challenging ground conditions slowed drilling rates, as well as resulting in excessive dilution in some mining areas and restricted access to some planned mining areas, which in turn weighed on overall plan compliance.

Processing set successive monthly throughput records during the quarter (July 13,259t; August 13,929t; September 14,341t) for 41,528t milled, 14% above plan, on strong mill utilisation. Work continues on blend control, reviewing operational and maintenance processes to continue with optimising mill throughput.

Work continues across numerous work fronts to achieve operational consistency across all aspects of the operation. Positive results are beginning to be seen in both mobile and fixed plant maintenance as well as mining and processing.

A total of 8,752 gold equivalent ounces¹ was produced during the quarter (Q4 FY26: 11,659 AuEq oz). The site cash costs for the quarter were $2,731/AuEq oz (Q4 FY26: $1,898/AuEq oz) with an AISC of $3,194/AuEq oz (Q4 FY26: $2,568/AuEq oz).² Gold sold for the quarter was 6,790 ounces at an average sales price of $5,919/oz and antimony sold for the quarter was 172 tonnes at an average sales price of $23,842/t, generating revenue of $42 million. Finished product stocks were 4,515 ounces. The site’s operating cash flow was $29 million for the quarter. Note that the lowering of antimony price also has the effect of reducing equivalent gold production versus the preceding quarters¹.

Exploration

During the quarter, exploration activities focused on six key prospects across the Costerfield property. Close to the current mining operations, drilling was primarily directed towards extending mineral resources at the Kendall, Brunswick South and Cuffley deposits. Work also included follow-up testing of a newly discovered mineralised trend located west of Brunswick South, which continues to demonstrate potential for additional high-grade mineralisation.

Further afield and within 3km of Costerfield operations, drilling programs recommenced at several high-priority exploration targets. To the east drilling tested the depth extension to the Brown’s deposit and to the west a potential northern extension to True Blue. North of Costerfield drilling recommenced on the Northern Dykes prospect targeting mineralised igneous intrusions.

Geological Map of Costerfield showing areas of exploration during Q1 FY27

During the quarter Alkane also provided updates on 3 Costerfield exploration programs summarised below.

At True Blue, 33 additional drill holes (19,012m) significantly improved geological confidence in the deposit through infill drilling of the Freeman Vein and associated structures. High-grade gold-antimony intercepts such as 57.6g/t Au and 25.4% Sb, 20.9g/t Au and 19.5% Sb, and 84.1g/t Au with 15.4% Sb confirmed the continuity and economic potential of the system, while also highlighting greater structural complexity than previously interpreted. The enhanced geological understanding supports future development studies and has generated several high-priority exploration targets along strike, at depth below the Komodo Fault, and toward the nearby West Costerfield prospect.⁴

Drilling at the Brunswick South Deposit continued to deliver strong gold-antimony results from an extensive 91-hole infill and extension drilling program. Drilling confirmed continuity between the shallow historical resource and the recently discovered deeper mineralisation, with standout intersections including 50.1g/t Au and 26.2% Sb over 2.17m, 109.9g/t Au over 0.65m, and 25.0g/t Au over 1.70m from the emerging Kiwi Zone. The program defined two principal mineralised domains: an upper antimony-rich gold shoot and a lower, gold-dominant Kiwi Zone extending over approximately 400m strike. Results have been incorporated into mine planning, with development access having commencing during this quarter.⁵

Exploration at Cuffley and the Sub-KC system resulted in the discovery of a new high-grade mineralised domain between previously mined high-grade panels at Cuffley and continued expansion of the emerging Sub-KC deposit at depth. Exceptional assays included 580.9g/t Au and 24.0% Sb over 0.61m, including 0.25m at 1,360g/t Au, together with additional high-grade results of 168.9g/t Au and 33.5% Sb over 0.90m and 60.1g/t Au and 15.2% Sb over 1.26m. The newly defined Cuffley mineralisation is readily accessible from existing underground infrastructure and has been incorporated into the mine schedule, while ongoing drilling at Sub-KC continues to demonstrate strong potential for further resource growth and new mineralised repetitions along strike.⁶

Björkdal Gold Operations – Sweden
Björkdalsgruvan AB (100%)

Björkdal Gold Operations (Björkdal) is a wholly owned operation of Alkane. The Björkdal property, containing both the Björkdal mine and the Storheden and Norrberget deposits, is located in Västerbotten County in northern Sweden. Björkdal is located approximately 28 km northwest of the municipality of Skellefteå and approximately 750 km north of Stockholm. The Björkdal property is accessible via Swedish national road 95 or the European highway route E4 followed by all-weather paved roads.

Björkdal	Units	Dec-25	Mar-26	Jun-26	Sep-26
Gold produced	oz	9,888	12,433	9,935	10,482
All-in sustaining cost	$/oz	4,117	3,699	4,184	3,012
All-in cost	$/oz	4,397	4,111	5,215	3,952
Mine operating cash flow	$’000	35,379	54,724	48,467	20,879

Operations Performance

Björkdal had a solid quarter of performance over the summer vacation period. Pre-stripping of the first stage of the Nylunds open pit has been completed and ore extraction will begin in the current (Q2 FY27) quarter. Initial till removal has been completed on the new portal to the Storheden deposit, the portal is also expected to be established in the current (Q2 FY27) quarter. Lateral development to the Storheden deposit from underground has also commenced. Capital works on the lifts to the tailings dam facilities are on schedule and within budget.

A total of 10,482 gold ounces was produced during the quarter (Q4 FY26: 9,935 oz). The site cash costs for the quarter were $2,411/oz (Q4 FY26: $3,121/oz) with an AISC of $3,012/oz (Q4 FY26: $4,184/oz).² Gold sold for the quarter was 10,702 ounces at an average sales price of $5,264/oz, generating revenue of $66 million. Finished product stocks were 1,738 ounces. The site’s operating cash flow was $21 million for the quarter.

Exploration

At Björkdal during the quarter drilling progressed on the northern and eastern extensions of the Björkdal mine targeting the open continuation of the deposit. Drilling also continued on the delineation of skarn mineralisation discovered in 2025. Drilling was paused for Storheden during the quarter, however it is slated to recommence in Q2 FY27.

Geological map of Björkdal showing areas of exploration during Q1 FY27

During the quarter Alkane released two exploration updates summarised below.

Near-mine exploration at Björkdal focused on the Eastern and Northern Extensions of the underground mine, where 29 diamond drill holes totalling 15,568 metres were completed. Drilling continued to confirm strong grade continuity and extensions of the mineralised vein systems, with several high-grade gold intersections returned, including 86.1 g/t Au over 1.25 m, 81.3 g/t Au over 4.4 m and 31.5 g/t Au over 0.85 m. The program significantly improved geological confidence, extended known mineralisation to a record depth of 762 metres below surface, and confirmed mineralised veins up to 600 metres beyond existing underground development. Results indicate the Björkdal mineral system remains open both along strike and at depth, supporting ongoing resource growth and future mine life extension opportunities.⁷

Exploration at the Storheden deposit, located approximately 700 metres north of the Björkdal mine, continued to demonstrate significant growth potential during the quarter. Sixteen extensional diamond drill holes completed in early 2026 successfully extended high-grade gold mineralisation and confirmed a mineralised system now defined over a 2.7 km strike length and to a depth of 464 metres, with mineralisation remaining open in all directions. The program delivered several outstanding high-grade intercepts, including 107.0 g/t Au over 0.4 m and 50.9 g/t Au over 0.95 m. Incorporation of recent drilling into an updated Mineral Resource estimate resulted in the declaration of an Indicated Resource of 1.07 Mt at 2.51 g/t Au for 87 koz and an Inferred Resource of 1.85 Mt at 2.11 g/t Au for 125 koz, significantly increasing the contained gold inventory and improving confidence in the deposit.⁸

Northern Molong Porphyry Project (NMPP) (gold-copper)
Alkane Resources Ltd 100%

Field work on the NMPP for the quarter comprised several small soil sampling programs at various extensions to known prospects. This was completed to prepare for an approximately 4,000m RC drilling program beginning in the following quarter.

A 178km2 exploration licence (EL8646) was acquired from Alice Queen that borders the eastern and northern margins of the NMPP, resulting in doubling the area of the NMPP. EL8646 is expected to transfer to Alkane in the following quarter.  

Environmental baseline studies to inform the development approval of the Boda-Kaiser Au-Cu resources have continued in the quarter.

Nagambie Project
Period of Earn-In

Under the Earn-in agreement between Nagambie Resources and Alkane Resources, two LM90 drill rigs were mobilised to the Nagambie Project in Q4 FY26 and drilled throughout Q1 FY27 completing 5,937m of diamond core drilling targeting beneath the historic western pit. A summary of the first 3 holes drilled into the project by Alkane was released in October 2026 and is summarised below.

Initial drilling at Nagambie has successfully confirmed the continuity and high-grade nature of the epizonal gold-antimony system, returning significant intersections including 3.3 g/t Au and 0.7% Sb over 10.6 metres (including 17.0 g/t Au and 5.9% Sb over 1.3 metres) in the C3 zone, and 1.2 g/t Au and 2.5% Sb over 9.7 metres in the C2W zone. Drilling also extended the C2 mineralisation approximately 115 metres below its previously known extent and identified several broad zones of gold and antimony mineralisation outside the existing resource, including 42.0 metres at 1.8 g/t Au and 0.2% Sb. Results continue to highlight strong similarities with the Costerfield gold-antimony system and demonstrate significant resource growth potential, with mineralisation remaining open at depth and along strike. Ongoing drilling is focused on further defining the extent of the system and assessing additional exploration upside across the project.¹¹

Map of Nagambie drilling highlighting targets and results of the October 2026 update

Lupin Reclamation Project
Lupin Mines Inc 100%

Lupin is currently in the process of final closure and reclamation. During the quarter, expenditures were incurred for earthworks and demolition, as well as costs related to procurement, engineering and project management services, site operations and water management. Significant progress towards achieving the closure obligations has been made.

Reclamation work to achieve the majority of closure obligations is now finished for the 2026 calendar year, with a small amount of earthmoving scheduled to occur next summer (Canadian summer) as well as ongoing site monitoring.

CORPORATE

Cash, Bullion and Listed Investments

	Units	June 2026 Quarter	September 2026 Quarter
Cash	$M	432	425
Bullion	$M	7	15
Cash and bullion sub-total	$M	439	440
Listed Investments	$M	15	19
Total cash, listed investments and bullion	$M	454	459

Shareholder Returns

A maiden dividend payment of $24 million was transferred towards the end of September to the share registry (for payment to Shareholders on 1 October 2026) with the balance of $4 million transferred for TSX shareholders on 1 October 2026.

During the quarter the Company announced an on-market buy-back programme of up to $50 million over the next 12 months.

Banking Facilities

At the end of the quarter, the Company had $16 million of equipment financing.

Alkane has a $110 million Revolving Credit Facility (RCF) and $40 million Contingent Instrument Facility (CIF) under a syndicated facilities agreement with Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia, Macquarie Bank Limited and Westpac Banking Corporation. The RCF may be used for general corporate purposes. The CIF will allow cash used to back performance guarantees to be returned. The RCF remains undrawn. The CIF balance at the end of September was $31 million.

Investments

		# Shares held	Investment Value ($M)
Medallion Metals (ASX: MM8)		30,000,000	15.5
Nagambie Resources (ASX:NAG)		166,666,667	3.0
Adavale Resources (ASX: ADD)		6,000,000	0.2
			18.7

The position in Sky Metals was sold during the quarter for $2.0 million.

Gold Forward Sale Contracts

Tomingley holds the following forward sale contracts:

Quarter	Average Forward Price $/oz	Ounces
December 2026	2,896	7,200
March 2027	2,821	7,300
June 2027	2,844	6,650
Total	2,854	21,150

The Björkdal operation has 33,300 ounces of put options with expiry dates over the period October 2026 to June 2027 at an average strike price of SEK 31,915/oz (~$4,600/oz).

Share Capital

Alkane closed the quarter with the following capital structure:         

	As at 30 September 2026
Fully Paid Ordinary Shares	1,366,204,821
Performance Rights	8,288,957
Total	1,374,493,778

FY27 Guidance

Alkane reiterates the FY27 guidance for the group released to the ASX on 21 August 2026 titled “FY26 Financial Results and Dividend”, as set out below:

	Tomingley	Costerfield	Björkdal	Group
Gold equivalent production (koz)1	78-84	44-48	41-45	163-177
AISC (A$/oz AuEq)	2,600-2,900	2,700-3,000	3,300-3,700	2,900-3,200
Growth capital (A$ million)	90-100	30-40	40-50	160-190
Exploration (A$ million)	15-17	20-23	10-13	45-53
Boda/Kaiser & Other Exploration (A$ million)				10-12

Alkane is not aware of new information materially affecting the guidance and its underlying assumptions continue to apply.

Canadian Continuous Disclosure

Alkane Resources Limited is now a “designated foreign issuer” as defined in National Instrument 71-102 – Continuous Disclosure and Other Exemptions Relating to Foreign Issuers of the Canadian Securities Administrators. As a designated foreign issuer, Alkane is subject to the foreign regulatory requirements of the Australian Securities Exchange (ASX) and the Australian Securities and Investments Commission (ASIC), including the ASX Listing Rules and the Corporations Act 2001 (Cth), rather than to certain Canadian continuous disclosure requirements that would otherwise apply to it as a reporting issuer in Canada.

This document has been authorised for release to the market by Nic Earner, Managing Director and CEO.

ABOUT ALKANE ‐ alkres.com ‐ ASX:ALK | TSX: ALK | OTCQX: ALKRY

Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKRY) is an Australia-based gold and antimony producer with a portfolio of three operating mines across Australia and Sweden. The Company has a strong balance sheet and is positioned for further growth.

Alkane’s wholly owned producing assets are the Tomingley open pit and underground gold mine southwest of Dubbo in Central West New South Wales, the Costerfield gold and antimony underground mining operation northeast of Heathcote in Central Victoria, and the Björkdal underground gold mine northwest of Skellefteå in Sweden (approximately 750km north of Stockholm). Ongoing near-mine regional exploration continues to grow resources at all three operations.

Alkane also owns the very large gold-copper porphyry Boda-Kaiser Project in Central West New South Wales and has outlined an economic development pathway in a Scoping Study. The Company has ongoing exploration within the surrounding Northern Molong Porphyry Project and is confident of further enhancing eastern Australia’s reputation as a significant gold, copper and antimony production region.

Interactive Analyst Centre™
Comprehensive financial, operational, resource and reserve information for Alkane Resources is available through the Interactive Analyst Centre™ located in the Investors section of our website at alkres.com.

Competent Person

As an Australian Company with securities listed on the Australian Securities Exchange (ASX), Alkane is subject to Australian disclosure requirements and standards, including the requirements of the Corporations Act 2001 and the ASX. Investors should note that it is a requirement of the ASX Listing Rules that the reporting of ore reserves and mineral resources in Australia is in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and that Alkane’s ore reserve and mineral resource estimates and reporting comply with the JORC Code.

Alkane is also subject to certain Canadian disclosure requirements and standards as a result of its secondary listing on the Toronto Stock Exchange (TSX), including the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). Investors should note that it is a requirement of Canadian securities law that the reporting of mineral reserves and mineral resources in Canada and the disclosure of scientific and technical information concerning a mineral project on a property material to Alkane comply with NI 43-101.

Unless otherwise advised above or in the ASX Announcements referenced, the information in this report that relates to exploration results, mineral resources and ore reserves is based on information compiled and approved by Mr Chris Davis who is a Member of the Australasian Institute of Mining and Metallurgy and a full-time employee of Alkane Resources Limited. Mr Davis has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC Code and as a Qualified Person under NI 43-101. Mr Davis consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

The information in this announcement that relates to previously reported exploration results, mineral resources and ore reserves is extracted from the Company’s ASX announcements noted in the text of the announcement and available to view on the Company’s website. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original announcements and that the form and context in which the Competent Person’s findings are presented have not been materially altered.

Cautionary Note Regarding Forward-Looking Information and Statements

This announcement contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation and may include future-oriented financial information or financial outlook information (collectively Forward-Looking Information). Actual results and outcomes may vary materially from the amounts set out in any Forward-Looking Information. As well, Forward-Looking Information may relate to: future outlook and anticipated events; expectations regarding exploration potential; production capabilities and future financial or operating performance, including AISC, investment returns, margins and share price performance; production and cost guidance and the timing thereof; issuing updated resources and reserves estimate and the timing thereof; the potential of Alkane to meet industry targets, public profile and expectations; and future plans, projections, objectives, estimates and forecasts and the timing related thereto.

Forward-Looking Information is generally identified by the use of words like “will”, “create”, “enhance”, “improve”, “potential”, “expect”, “upside”, “growth” and similar expressions and phrases or statements that certain actions, events or results “may”, “could”, or “should”, or the negative connotation of such terms, are intended to identify Forward-Looking Information.

Although Alkane believes that the expectations reflected in the Forward-Looking Information are reasonable, undue reliance should not be placed on Forward-Looking Information since no assurance can be provided that such expectations will prove to be correct. Forward-Looking Information is based on information available at the time those statements are made and/or good faith belief of the officers and directors of Alkane as of that time with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the Forward-Looking Information. Forward-Looking Information involves numerous risks and uncertainties. Such factors include, without limitation: risks relating to changes in the gold and antimony price.

Forward-Looking Information is designed to help readers understand Alkane’s views as of that time with respect to future events and speak only as of the date they are made. Except as required by applicable law, Alkane assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the Forward-looking Information. If Alkane updates any one or more forward-looking statements, no inference should be drawn that the company will make additional updates with respect to those or other Forward-looking Information. All Forward-Looking Information contained in this announcement is expressly qualified in its entirety by this cautionary statement.

Disclaimer

Alkane has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Alkane, its directors, officers, employees, associates, advisers and agents, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it.

This announcement is not an offer, invitation, solicitation, or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever.

Non-IFRS Performance Measures

This announcement contains references to all-in sustaining costs which is a non-IFRS measure and does not have a standardised meaning under IFRS. Therefore, this measure may not be comparable to similar measures presented by other companies. All-in sustaining costs include total cash operating costs, sustaining mining capital, royalty expense and accretion of reclamation provision. Sustaining capital reflects the capital required to maintain a site’s current level of operations. All-in sustaining cost per ounce of gold equivalent in a period equals the all-in sustaining cost divided by the equivalent gold ounces produced in the period.

Endnotes

¹ Gold equivalent ounces calculated by multiplying quantities of gold and antimony in period by respective average market price of commodities in period, adding the two amounts to get ‘total contained value based on market price’ and dividing that total contained value by the average market price of gold in period. I.e., AuEq = ((Au Produced x Au $/oz) + (Sb Produced pre-payability x 70% payability x Sb $/t)) / (Au $/oz). The average market prices for the September quarter were $6,035/oz Au (being the average of the daily PM price, sourced from www.lbma.org.uk) and $19,982/t Sb (being the average Shanghai Metal Market Price sourced from www.metal.com). The AUD:USD exchange rate for the September quarter was 0.7062. Metallurgical recoveries for gold and antimony are well established through current and historical plant performance, and actual recoveries achieved during the period are set out in Table 1. Antimony is recovered into a gold-antimony concentrate and sold under existing offtake arrangements. It is the Company’s opinion that all of the elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold.

² AISC is a non-IFRS measure and does not have a standardised meaning under IFRS and might not be comparable to similar financial measures disclosed by other companies. Refer to “Non-IFRS Performance Measures” at the end of this announcement.

³ Mine Operating Cashflow: Total Group Revenue less cash costs, royalties, net working capital movements and the effect of foreign exchange movements. Excludes interest received, income tax paid and sustaining, growth and exploration capital expenditure

⁴ Refer to ALK Announcement dated 6 July 2026 titled “Costerfield – True Blue Exploration Update”

⁵ Refer to ALK Announcement dated 14 July 2026 titled “Alkane Extends High Grade Gold Trend at Brunswick South”

⁶ Refer to ALK Announcement dated 24 August 2026 titled “New High-Grade Domain Discovered at Cuffley”

⁷ Refer to ALK Announcement dated 9 July 2026 titled “Björkdal – Near Mine Exploration Update”

⁸ Refer to ALK Announcement dated 31 July 2026 titled “Amended – Alkane Significantly Increases Storheden Mineral Resource and Provide Exploration Update”

⁹ Refer to ALK Announcement dated 11 September 2026 titled “Group Resources & Reserves Statement FY26”

¹⁰ Refer to ALK Announcement dated 15 October 2026 titled “Deep Drilling Intersects Epithermal Mineralisation 1km Below Proprietary Pit at Peak Hill”

¹¹ Refer to ALK Announcement dated 20 October 2026 titled “Alkane Drilling Confirms and Extends Gold-Antimony Mineral System at Nagambie, Victoria”

CONTACT:  NIC EARNER, MANAGING DIRECTOR & CEO, ALKANE RESOURCES LTD, TEL +61 8 9227 5677

INVESTORS & MEDIA:  NATALIE CHAPMAN, CORPORATE COMMUNICATIONS MANAGER, TEL +61 418 642 556

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/d75432d8-50aa-43b8-a6e6-8afe30504385

https://www.globenewswire.com/NewsRoom/AttachmentNg/b02c2e50-0cf3-42b8-898f-691ad3f10281

https://www.globenewswire.com/NewsRoom/AttachmentNg/fda75125-c85a-46aa-853d-04517cd3bbfc

https://www.globenewswire.com/NewsRoom/AttachmentNg/a798f042-d8d7-4d23-b892-38e3c68cfd18

https://www.globenewswire.com/NewsRoom/AttachmentNg/48e91f3c-7f56-4abc-84cf-fd759b9e710b

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https://www.globenewswire.com/NewsRoom/AttachmentNg/2c1b8028-0211-476b-992c-2923c07e319c

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Foremost to receive proceeds of $650,000, retain 20% in GR and Blackwing properties, and will have a 6-month grace period for initial JV expenditures

VANCOUVER, British Columbia, Oct. 22, 2026 (GLOBE NEWSWIRE) — Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) is pleased to report that it has entered into an agreement with Denison Mines Corp. (“Denison”) to sell a 31% interest in the GR and Blackwing properties (together the “Properties”), form two exploration joint ventures (“JVs”), and issue 1,031,191 share purchase warrants (the “Warrants”) in exchange for total consideration of $650,000 (collectively, the “Transaction”). The warrants will have an exercise price of $1.80 per warrant share, which represents over a 175% premium to Foremost’s closing share price on October 22, 2026, and will have a 5-year term.  

David Cates, Interim CEO of Foremost commented, “The GR and Blackwing properties are located in the northwestern portion of the Athabasca Basin region and are situated along the Grease River shear zone and the Black Bay fault respectively – both of which are geologically prospective areas that have historically been subject to little or no exploration. While these Properties have the potential to become a new area of exploration focus in the region, the scale of the Properties and the annual work expenditures required to keep the claims in good standing are significant. As a result, forming JVs with Denison is an ideal arrangement for Foremost, whereby Foremost retains exposure to potential future exploration success without having to carry the full cost of exploring this district-scale area.”

Completion of the Transaction is expected to take place on or about November 2, 2026, subject to receipt of all regulatory and stock exchange approvals and other customary closing conditions.

GR & Blackwing Highlights

• Foremost and Denison agree to form two exploration JVs on closing, where Foremost retains a 20%-ownership interest in each of the Properties.
• The GR property is comprised of 16 mineral claims covering 78,585 hectares, and the Blackwing property is comprised of 3 mineral claims covering 12,627 hectares (See Figure 1).
• Denison will be responsible for funding 80% of future expenditures, pursuant to the JV agreements, and commits to either carry out geophysical studies or make deficiency deposits to maintain the Properties until at least January 4, 2028 (the “Initial Expenditures”).
• Foremost expects Denison will carry out geophysical studies within the next 12 months to further define the exploration potential of the Properties and generate future drill targets.
• Foremost retains an option to decide within 6 months of the earlier of completion of the initial geophysical surveys or the date of the last of the Initial Expenditures whether it (i) funds its share of Initial Expenditures or (ii) dilutes its ownership pursuant to the terms of the JVs. 

Figure 1. GR & Blackwing Properties

Warrant Terms

• On closing, Foremost will issue 1,031,191 Warrants with an exercise price of $1.80 per warrant share and a term of 5 years (the “Term”).
• Exercise price of $1.80 represents over a 175% premium to Foremost’s closing share price of $0.64 on October 22, 2026.
• The number of warrants exercisable by Denison at any time is limited to such number of Warrants that, if exercised, would not result in Denison’s ownership of Foremost exceeding 19.95% (the “Ownership Cap”).
• At maturity, if exercise of any remaining Warrants would result in the holder exceeding the Ownership Cap, then Foremost will either (a) apply for and obtain an extension of the Term of the Warrants for such duration as may be approved by the Canadian Securities Exchange, or (b) purchase from the holder any remaining Warrants not exercisable due to the Ownership Cap based on the differential between the exercise price and the current market price for each warrant share.
• The Warrants will be subject to a four-month hold period and thereafter will be transferable.

Amended & Restated Option Agreement

• The Option Agreement entered into between Denison and Foremost on September 23, 2024 (the “Original Option Agreement”) included 10 properties and will be amended and restated (the “A&R Option Agreement”) on closing to exclude the GR & Blackwing Properties such that Foremost will no longer have any right to increase its ownership interest in those two Properties.
• Accordingly, any subsequent expenditures incurred by Foremost in connection with the GR and Blackwing Properties will be governed by the applicable JV agreements and will not count towards satisfaction of Option Tranche 3 under, and as defined in, the A&R Option Agreement.
• The A&R Option Agreement will preserve Foremost’s right to complete Option Tranche 3 and earn an additional 19% interest (for an aggregate interest of 70%) in 7 of the remaining 8 properties under option from Denison and a minimum 51% interest in Hatchet Lake, by (i) completing $12.0 million in eligible exploration expenditure on the remaining 8 properties by July 9, 2029, and (ii) payment to Denison of $2.5 million in additional consideration in a combination of cash or common shares of Foremost.
• The full details of the A&R Option Agreement will be available under Foremost’s profile on SEDAR+ at www.sedarplus.ca.

National Investor Relations & Television Campaign

The Company has extended its previous engagement with RedChip Companies Inc. (“RedChip”) of 31 E Horatio Ave, Suite #100, Maitland, FL 32751 (email: info@redchip.com) to provide marketing services from mid-October 2026 to April 2027 at a cost of USD$11,000 per month.

Additionally, RedChip has secured a two-week national television campaign for Foremost, featuring a 30-second advertisement on CNBC, Fox Business, Bloomberg TV, and other platforms to raise awareness about the Company.    The campaign is scheduled to commence during the second half of October at a cost of USD$150,000 payable to RedChip.

No securities will be issued to RedChip as compensation. To the Company’s knowledge, RedChip (including its directors and officers) holds no securities of the Company and maintains an arm’s-length relationship.

Nasdaq Compliance Notification

The Company received a notification letter (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not currently in compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires listed securities to maintain a minimum bid price of US$1.00 per share, and the Company’s common shares have closed below this threshold for 30 consecutive business days from September 4, 2026, to October 16, 2026.

The Notification Letter does not immediately affect the listing or trading of Foremost’s common shares on the Nasdaq Capital Market under the symbol “FMST.” In accordance with Nasdaq Listing Rule 5810(c)(3)(A), Foremost has been granted a 180-calendar day compliance period, ending on April 19, 2027, to regain compliance with the minimum bid price requirement. To achieve compliance, the closing bid price of the Company’s common shares must meet or exceed US$1.00 for a minimum of ten consecutive business days during this period.

If Foremost does not regain compliance by April 17, 2027, the Company may be eligible for an additional 180-calendar day grace period, provided it meets the continued listing requirement for market value of publicly held shares (US$1 million) and all other initial listing standards for the Nasdaq Capital Market, except for the bid price requirement. The Company would also need to notify Nasdaq of its plans to cure the deficiency.

Foremost’s management is evaluating all available options to address the bid price deficiency, including increased investor awareness, and remains committed to maintaining its Nasdaq listing. The Company’s business operations, financial condition, and corporate strategy are unaffected by this notification.   Foremost is disclosing this notification, as required by Nasdaq rules, within four business days of receipt.

Qualified Person

The technical content of this news release has been reviewed and approved by Cameron MacKay, P. Geo., Vice President of Exploration for Foremost Clean Energy Ltd., and a Qualified Person under National Instrument 43-101.

About Foremost

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (WKN: A3DCC8) is a North American uranium, lithium, and gold exploration company strategically positioned to support the long-term growth in demand expected for reliable, carbon-free energy sources.

The Company has a portfolio of 10 property interests spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin region of northern Saskatchewan, including an option from Denison to earn up to a 70% interest in 8 prospective uranium properties (except for the Hatchet Lake, where Foremost can earn up to 51%), plus a minority ownership interest (20%) in the GR & Blackwing joint ventures with Denison.  

The Company’s uranium exploration efforts benefit from access to extensive historic drilling and geophysical data for targeting high-potential, mineralized trends. To date, Foremost has completed geophysical surveys and multiple drill campaigns that have generated encouraging results and defined high-priority exploration targets for follow-up drilling.

Foremost also has a portfolio of lithium-focused projects at varying stages of development spanning 43,000+ acres in Manitoba, providing exposure to other critical materials essential in electrification and energy storage.

For further information, please visit the Company’s website at www.foremostcleanenergy.com.

Contact and Information

David Cates, Interim CEO
info@foremostcleanenergy.com

Investor Relations
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
1-800-REDCHIP (733-2447)
FMST@redchip.com 

Follow us or contact us on social media:
X: @fmstcleanenergy
LinkedIn: https://www.linkedin.com/company/foremostcleanenergy  
Facebook: https://www.facebook.com/ForemostCleanEnergy

Forward-Looking Statements

Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute “forward-looking statements” as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect,” “is expected,” “anticipates” or “does not anticipate,” “plans,” “estimates” or “intends,” or stating that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, statements regarding: the completion of the Transaction and the timing thereof, including the sale of a 31% interest in each of the Properties, the formation of the joint ventures, entry into the A&R Option Agreement and the issuance of the Warrants; the receipt by the Company of total consideration of $650,000; the Company retaining a 20% interest in each of the Properties; Denison funding 80% of future expenditures and carrying out geophysical studies or making deficiency deposits to maintain the Properties until at least January 4, 2028; the expectation that Denison will carry out geophysical studies within the next 12 months and that such studies will further define the exploration potential of the Properties and generate future drill targets; the potential for the Properties to become a new area of exploration focus and the Company’s exposure to potential future exploration success; the Company’s election to fund its share of the Initial Expenditures or dilute its ownership interest; the exercise of the Warrants; the application of the Ownership Cap and any extension of the Term or purchase by the Company of Warrants not exercisable due to the Ownership Cap; the Company’s ability to complete Option Tranche 3 under the A&R Option Agreement, including completing $12.0 million in eligible exploration expenditures by July 9, 2029 and paying $2.5 million in additional consideration to Denison; the availability of information on SEDAR+; the timing, scope and cost of the marketing services and television campaign to be provided by RedChip; and the long-term growth in demand expected for carbon-free energy sources.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including, without limitation, that: the transactions with Denison will be completed on the terms and within the timeframes currently anticipated; all required approvals, including any approval of the Canadian Securities Exchange, will be obtained in a timely manner; Denison will perform its obligations under the joint venture agreements, the Warrants and the A&R Option Agreement; geophysical studies on the Properties will be carried out as expected and will yield results supporting further exploration; the Company will have access to sufficient capital, on acceptable terms, to fund its share of joint venture expenditures (if it so elects) and to satisfy the requirements of Option Tranche 3; the market price of the Company’s common shares will not change in a manner that adversely affects the Warrants or the Company’s obligations relating to the Ownership Cap; RedChip will deliver its services as scheduled and at the anticipated cost; there will be no material adverse change in uranium prices, general economic, market or industry conditions; and exploration and permitting activities will not be materially delayed by weather, regulatory or other factors.

Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release include, among others: the risk that the transactions with Denison are not completed on the anticipated terms or timeline, or at all; the failure to obtain any required regulatory or stock exchange approvals; the risk that Denison does not carry out geophysical studies or other expenditures on the Properties as anticipated, or that such studies do not identify drill targets or further define exploration potential; the inherent uncertainty of mineral exploration and the speculative nature of exploration-stage properties; the dilution of the Company’s interest in the joint ventures should it elect not to, or be unable to, fund its share of expenditures; the risk that the Company is required to purchase Warrants from Denison or that an extension of the Term is not approved; the potential dilution to shareholders resulting from the exercise of the Warrants; the Company’s inability to complete Option Tranche 3 or to fund the required expenditures and additional consideration under the A&R Option Agreement, and the consequences of any default thereunder; the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares; continuity of agreements with third parties, including Denison and RedChip; the effectiveness of the Company’s investor relations and marketing activities; fluctuations in uranium and other commodity prices and in the market price of the Company’s common shares; risks and uncertainties associated with the environment; and delays in obtaining governmental approvals, permits or financing. Additional factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. and information. Please refer to the Company’s most recent filings under its profile at on Sedar+ at www.sedarplus.ca and on Edgar at www.sec.gov for further information respecting the risks affecting the Company and its business.

The CSE has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83847915-25d3-4e93-8c23-170dd0e60c50

CHICAGO, Oct. 22, 2026 (GLOBE NEWSWIRE) — XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that it plans to host the Trust’s Quarterly Webinar on November 2, 2026, at 3:00 pm (Eastern Time). Kevin Davis, Managing Director at XA Investments will moderate the Q&A style webinar with Kimberly Flynn, President at XA Investments, and Young Choi, Partner and Global Head of Trading at King Street Capital Management. Young Choi also serves as the Portfolio Manager of Rockford Tower Capital Management, King Street’s CLO, CBO and SMA platform.

TO JOIN VIA WEB: Please click here to find the online registration link.

TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location.

Dial: (312) 626-6799 or (646) 558-8656 or (267) 831-0333 or (720) 928-9299 or (213) 338-8477

Webinar ID: 830 6838 9008

REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com.

The Trust’s common shares are traded on the New York Stock Exchange under the symbol “XFLT.” The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments. There can be no assurance that the Trust will achieve its investment objective.

About XA Investments

XA Investments LLC (“XA Investments”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XA Investments serves as the investment adviser for two listed closed-end funds, an interval fund, and a tender offer fund. The listed closed-end funds, the XAI Floating Rate & Alternative Income Trust and XAI Madison Equity Premium Income Fund, both trade on the New York Stock Exchange and the interval fund and tender offer fund, XAI CLO & Income Opportunities Fund and Evanston Multi-Alpha Fund, are both available via direct subscription and through select broker/dealers and wealth management platforms.

In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XA Investments offers custom product build and consulting services, including product development and market research, marketing and fund management.

XA Investments believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XA Investments provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.

About XMS Capital Partners

XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.

About Rockford Tower Asset Management

Rockford Tower Asset Management, L.L.C. is a wholly owned subsidiary of King Street Capital Management, L.P. (“King Street”) and an affiliate of Rockford Tower Capital Management (“Rockford Tower”). Rockford Tower, King Street’s dedicated CLO, CBO and SMA platform, was formed in 2017. Rockford Tower has over $14.7 billion of assets under management as of September 30, 2026, across 19 U.S. CLOs and 10 European CLOs, one CBO transaction and one SMA. In addition, Rockford Tower has traded over $99 billion of loans as of December 31, 2025.

About King Street Capital Management

King Street is a global alternative investment firm founded in 1995 that manages $30.9 billion in assets as of September 30, 2026 across public and private markets. The firm marries rigorous fundamental research with tactical trading and differentiated sourcing capabilities to identify investment opportunities across asset classes, up and down the capital structure. For more information, please visit www.kingstreet.com.

XA Investments does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

NOT FDIC INSURED		NO BANK GUARANTEE		MAY LOSE VALUE

Paralel Distributors, LLC – Distributor

Media Contact: 
Kimberly Flynn, President
XA Investments LLC
Phone: (312) 374-6931
Email: kflynn@xainvestments.com
www.xainvestments.com

NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) — Namib Minerals (“Namib” or “the Company”) (Nasdaq: NAMM) today announced that its subsidiary, Bulawayo Mining Company (Private) Limited, has signed a nonbinding term sheet with Ecobank Zimbabwe Limited (“Ecobank”) for a proposed non-dilutive $30 million, 36-month loan facility (the “Proposed Facility”) intended to support Redwing Mine’s resource-definition and bankability programme. The Proposed Facility remains subject to completion of the customary conditions precedent and the execution of definitive documentation.

Upon completion of the definitive documentation and satisfaction of the customary conditions precedent, on the proposed terms, the Proposed Facility, together with previously secured funding allocated to the programme, is expected to provide the funding required to complete Step 3 of the Company’s Development Timelines and Milestones (“Development Milestones”), based on the programme’s current scope and budget. Step 3 focuses on resource definition and establishing the bankability of Redwing Mine.

As previously announced, Step 3 had been partly funded by the US$6.5 million non-dilutive term loan facility secured from African Banking Corporation of Zimbabwe Limited (“BancABC”). Under the term sheet, the Proposed Facility would finance hoist-related expenditures, expansion and maintenance of the milling plant, drilling equipment, mine development and further exploration drilling to increase Redwing Mine’s resource base.

Resource definition and bankability are key milestones in assessing the potential to develop Redwing Mine into a larger-scale gold operation. Completion of this programme will inform the proposed development’s scale, capital requirements and construction plan, and support the Company’s investment decision.

The Company intends to provide further updates on the status of the Proposed Facility and progress against the Development Milestones.

The term sheet also contemplates Ecobank and Ecobank Group acting as lead arranger and underwriter for financing the construction phase of Redwing’s proposed larger-scale development, following completion of the definitive feasibility study and subject to further conditions and arrangements. The Company intends to provide further details of the scope, amount and terms as they develop upon completion of the definitive feasibility study.

“Further to our announcement on 5 June 2026, we believe Ecobank’s continued support of the Company further reflects confidence in our resources and operating record. If completed on the proposed terms, this Facility would, subject to the results of the definitive feasibility study and negotiation of definitive documentation, complete the funding package for Redwing’s resource-definition and bankability programme. Our focus is on delivering this programme and establishing the basis for a disciplined construction decision,” said Sphe Mchunu, Chief Financial Officer of Namib Minerals.

About Namib Minerals

Namib Minerals (NASDAQ: NAMM) is a gold producer, developer and explorer with operations focused in Zimbabwe. Currently Namib Minerals operates the How Mine, an underground gold mine in Zimbabwe, and aims to restart two assets in Zimbabwe. For additional information, please visit namibminerals.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Proposed Facility; the negotiation and execution of definitive financing documentation; the expected availability, sufficiency and deployment of proceeds from the Proposed Facility; the completion of Step 3 of the Company’s Development Milestones; the completion of resource-definition activities and feasibility studies at Redwing Mine; potential construction financing; the planned larger-scale development and restart of Redwing Mine; and the Company’s broader growth strategy. Forward-looking statements are typically identified by words such as “expects,” “intends,” “plans,” “targets,” “anticipates,” “believes,” “will,” “may” and similar expressions.

These statements are based on management’s current expectations and assumptions and are subject to significant risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those expressed or implied.

Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. No assurance can be given that the Proposed Facility will be completed or funded, or that the development milestones, funding or production targets described in this press release will be achieved within the expected timeframes, or at all.

Contact:

Investor Relations:
Investor.relations@namibminerals.com

Bogotá, Colombia, Oct. 22, 2026 (GLOBE NEWSWIRE) — GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), an exempted company incorporated under the laws of Bermuda, today announced the tender results in connection with its offer to purchase for cash any and all of its outstanding 8.750% Senior Notes due 2030 (the “Notes”) (the “Tender Offer”). The Tender Offer was made upon the terms and subject to the conditions (including the Financing Condition (as defined in the Offer to Purchase)) set forth in the offer to purchase dated October 16, 2026 (the “Offer to Purchase”).

As previously announced, the expiration time for the Tender Offer was 5:00 p.m., New York City time, on October 22, 2026 (such date and time, the “Expiration Time”). As of the Expiration Time, U.S.$ 266,832,000 in aggregate principal amount of the Notes outstanding had been validly tendered and not withdrawn pursuant to the Tender Offer. Settlement of the Tender Offer is expected to occur on or about October 28, 2026 (the “Settlement Date”).

The table below summarizes certain payment terms for the Notes:

Description of Security

CUSIP No.

ISIN

Outstanding Principal Amount as of the Date Hereof

Consideration per U.S.$1,000 Outstanding Principal Amount(1)

Aggregate Principal Amount Validly Tendered

Aggregate Principal Amount Outstanding After Giving Effect to Settlement of the Tender Offer

8.750% Senior Notes due 2030

144A: 37255B AC3 Reg S: G38327 AD7

144A: US37255BAC37 Reg S: USG38327AD78

U.S.$441,679,000

U.S.$1,027.50

266,832,000

174,847,000

(1) The Consideration for the Notes will be paid together with accrued and unpaid interest from the last interest payment date for the Notes up to, but not including, the Settlement Date.

Upon the terms and subject to the conditions of the Tender Offer set forth in the Offer to Purchase, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time, if accepted by GeoPark for purchase, will be paid in full by GeoPark on the Settlement Date and all Holders who validly tendered and did not validly withdraw their Notes at any time at or prior to the Expiration Time will receive the Consideration plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the Settlement Date, at that time.

The obligation of GeoPark to purchase Notes in the Tender Offer is conditioned on the satisfaction or waiver of certain conditions, including, without limitation, the Financing Condition, described in the Offer to Purchase.

The information and tender agent for the Tender Offer is D.F. King & Co., Inc. Requests for documentation and questions regarding the Tender Offer can be directed to D.F. King & Co., Inc. at its telephone numbers (646) 582-2900 and (800) 967-5084, or by email at geopark@dfking.com.

Copies of the Offer to Purchase are available from the tender offer website (the “Tender Offer Website”): www.dfking.com/geopark, subject to eligibility confirmation and registration.

Any questions or requests for assistance or for additional copies of this notice may be directed to the dealer managers at their respective telephone numbers set forth below or, if by any Holder, to such Holder’s broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offer.

The dealer managers for the Tender Offer are:

Citigroup Global Markets Inc. 388 Greenwich Street, Trading 4th Floor New York, NY 10013 United States Attn: Liability Management Group	Deutsche Bank Securities Inc. 1 Columbus Circle New York, NY 10019 United States Attention: Liability Management Group	J.P. Morgan Securities LLC 270 Park Avenue New York, New York 10017 United States Attn: Latin America Debt Capital Markets
Collect: +1 (212) 723-6106 Toll-Free: +1 (800) 558-3745	Collect: +1 (212) 250-2955 Toll-Free: +1 (866) 627-0391	Collect: +1 (212) 834-7279 Toll Free: +1 (866) 846-2874

This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer is made only by and pursuant to the terms of the Offer to Purchase, and the information in this notice is qualified by reference to the Offer to Purchase. None of GeoPark, the dealer managers or the information and tender agent have made any recommendation as to whether Holders should tender their Notes pursuant to the Tender Offer.

For further information, please contact:
        
INVESTORS:

Maria Catalina Escobar Shareholder Value and Capital Markets Director	mescobar@geo-park.com
Miguel Bello Investor Relations Officer	mbello@geo-park.com
Maria Alejandra Velez Investor Relations Leader	mvelez@geo-park.com

MEDIA:

Communications Department	communications@geo-park.com

CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as “believes,” “expects,” “may,” “anticipates,” “plans,” “intends,” “assumes,” “will” or similar expressions. The forward-looking statements contained herein include statements about the tender offer for the notes due 2030, the Company’s notes offering and its intended use of proceeds therefrom. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, GeoPark’s business and operations involve numerous risks and uncertainties, many of which are beyond the control of GeoPark, which could result in GeoPark’s expectations not being realized or otherwise materially affect the financial condition, results of operations and cash flows of GeoPark. Some of the factors that could cause future results to materially differ from recent results or those projected in forward-looking statements are described in GeoPark’s filings with the United States Securities and Exchange Commission.

The forward-looking statements are made only as of the date hereof, and GeoPark does not undertake any obligation to (and expressly disclaims any obligation to) update any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.

RUSTON, La., Oct. 22, 2026 (GLOBE NEWSWIRE) —

Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $931.2 million in assets, today announced financial results for the 3^rd quarter ended September 30, 2026.

Financial Performance

For the three months ended September 30, 2026, the Company had net income after tax of $4.55 million compared to net income of $4.27 million for the three months ended September 30, 2025, an increase of $283,000 or 6.6%. Earnings per share (EPS) for the three months ended September 30, 2026 were $2.46 per basic share and $2.41 per diluted share compared to $2.33 per basic and $2.30 per diluted share reported for the three months ended September 30, 2025.

For the nine months ended September 30, 2026, the Company had net income after tax of $12.25 million compared to net income of $11.66 million for the nine months ended September 30, 2025, an increase of $589,000 or 5.1%. Earnings per share (EPS) for the nine months ended September 30, 2026 were $6.63 per basic share and $6.49 per diluted share compared to $6.38 per basic share and $6.31 per diluted share reported for the nine months ended September 30, 2025.

Balance Sheet

Overall, total assets increased by $54.3 million or 6.2% to $931.2 million at September 30, 2026 compared to $876.9 million at December 31, 2025.  

Total cash and cash equivalents increase from $48.3 million at December 31, 2025 to $76.1 million at September 30, 2026 for an increase of $27.8 million or 57.61%. Investment securities, including available-for-sale, held-to-maturity, and Federal Home Loan Bank and Federal Reserve Bank stock, decreased by $774,000 to $142.2 million at September 30, 2026 from $143.0 million at December 31, 2025. The growth in cash and cash equivalents for the nine months ending September 30, 2026 was primarily from strong deposit growth.

Loans, net of deferred fees and costs and allowance for credit losses, including loans held for sale, increased $27.8 million or 4.3% for the nine months ended September 30, 2026 compared to December 31, 2025. Total net loans at September 30, 2026 were $672.7 million compared to $644.9 million at December 31, 2025. Of total net loans outstanding for the nine-month ended September 30, 2026, commercial real estate loans increased $18.9 million, followed by a $12.4 million increase in multi-family real estate loans, a $4.0 million increase in commercial non-real estate loans, a $2.4 million increase in consumer loans, a $2.2 million increase in agriculture loans secured by real estate, a $1.4 million increase in residential construction loans and a $927,000 increase in home equity line of credit loans. The increases were offset by decreases of $7.0 million in residential 1-4 family loans, $6.6 million in land loans, $307,000 in residential 1-4 family – held for sale loans and $19,000 in agriculture loans for the nine months ended September 30, 2026.

Deposit growth was strong for the nine months ended September 30, 2026 as total deposits increased by $47.5 million or 6.3% to $806.4 million at September 30, 2026 compared to $758.9 million at December 31, 2025. Noninterest-bearing checking increased $3.8 million, interest-bearing checking increased $25.8 million, money market increased $17.2 million, and savings increased $2.3 million for the nine months ended September 30, 2026. The increases were offset by a decrease of $1.6 million in time deposit accounts for the nine months ended September 30, 2026.

Total long-term borrowings remained the same at $8.5 million at September 30, 2026 and December 31, 2026.

Income Statement

Net interest income was $10.49 million for the three months ending September 30, 2026 compared to $9.98 million for the three months ending September 30, 2025 for an increase of $510,000, or 5.1%.   Net interest income was $30.55 million for the nine months ending September 30, 2026 compared to $28.8 million for the nine months ending September 30, 2025 for an increase of $1.76 million, or 6.1%.

Several key operating ratios increased for the three- and nine-month periods ending September 30, 2026 compared to the same periods ending September 30, 2025 as displayed in the following table:

	Three Months Ended September 30								Nine Months Ended September 30
Select Operating Ratios		2026				2025				2026				2025
Average Yield on Interest-Earning Assets		6.12	%			6.10	%			6.08	%			6.01	%
Average Cost of Interest-Bearing Liabilities		2.72	%			3.08	%			2.72	%			3.10	%
Net Interest Margin		4.64	%			4.51	%			4.60	%			4.39	%

The yield on earning assets increased slightly and cost of interest-bearing liabilities decreased in both the three- and six-month periods ended September, 30, 2026. The net interest margin showed improvement in both the three- and six-month periods ended September 30, 2026 compared to the same periods in 2025.

For the three months ending September 30, 2026, no credit loss was expensed. A provision for credit losses of $265,000 was expensed for the three months ending September 30, 2025. For the nine months ending September 30, 2026, a provision for credit losses of $513,000 compared to $563,000 was expensed for the nine months ending September 30, 2025.

Total non-interest income was $886,000 for the three months ending September 30, 2026 compared to $1.15 million for the three months ending September 30, 2025, a decrease of $260,000 or 22.7%. Total non-interest income was $2.74 million for the nine months ending September 30, 2026 compared to $2.83 million for the nine months ending September 30, 2025, a decrease of $91,000 or 3.2%. The decrease in non-interest income for the three- and nine-month periods ending September 30, 2026 were primarily from gain on repossession of foreclosed assets reflected in the three- and nine-month periods ending September 30, 2025.

Total non-interest expense increased by $77,000 or 1.4% to $5.63 million for the three months ending September 30, 2026 compared to $5.56 million for the three months ending September 30, 2025. Total non-interest expense increased by $891,000 or 5.4% to $17.33 million for the nine months ending September 30, 2026 compared to $16.44 million for the nine months ending September 30, 2025. The increases in both the three- and nine-month periods ending September 30, 2026 was primarily due to increases in expenses from salaries and benefits, occupancy and equipment, data processing, directors’ fees, advertising, expenses of foreclosed assets, and various other operating expenses as compared to the same periods in 2025.

The Company’s efficiency ratio, a measure of expense as a percent of total income, decreased to 49.54% for the three months ending September 30, 2026 compared to 49.96% for the three months ending September 30, 2025. For the nine months ending September 30, 2026, the efficiency ratio increased to 52.05% compared to 51.97% for the nine months ending September 30, 2025.

Other Financial Information

Nonperforming assets, including loans past due 90 days or more, nonaccrual loans, and foreclosed assets, decreased from $4.59 million at December 31, 2025 to $1.53 million at September 30, 2026, a decrease of $3.1 million or 66.7%. Total non-performing assets were 0.16% and 0.52% of total assets as of September 30, 2026 and December 31, 2025, respectively.   The reduction in foreclosed assets for the nine month period ending September 30, 2026 was primarily due to the sale of foreclosed assets.

Allowance for credit losses under CECL was $7.38 million or 1.08% of total loans at September 30, 2026 compared to $6.93 million or 1.06% of total loans at December 31, 2025. Net charge offs for the nine months ending September 30, 2026 were $62,000, compared net charge offs of $192,000 for the nine months ending September 30, 2025. The ratio of net charge-offs to average loans outstanding was 0.009% at September 30, 2026 compared to the ratio of net recoveries to average loans outstanding was 0.031% for the same period of 2025.

Company Information

Century Next Financial Corporation is the holding company for Century Next Bank (the “Bank”) which conducts business from its main office in Ruston, Louisiana. The Company was formed in 2010 and is subject to the regulatory oversight of the Board of Governors of the Federal Reserve System. The Bank is a wholly-owned subsidiary and is an insured federally-chartered covered savings association subject to the regulatory oversight of the Office of the Comptroller of the Currency. The Bank was established in 1905 and is headquartered in Ruston, Louisiana. The Bank is a full-service bank with four locations in Louisiana including two banking offices in Ruston, one banking office in Monroe, one banking office in West Monroe, and three locations in Arkansas including two banking offices in Crossett and one banking office in Hamburg. The Bank emphasizes professional and personal banking service directed primarily to small and medium-sized businesses, professionals, and individuals. The Bank provides a full range of banking services including its primary business of real estate lending to residential and commercial customers.

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” We undertake no obligation to update any forward-looking statements

Century Next Financial Corporation and Subsidiary Condensed Consolidated Balance Sheets (unaudited)
(In thousands, except per share data)
	September 30, 2026			December 31, 2025
ASSETS
Cash and cash equivalents	$	76,121		$	48,298
Investment securities		142,243			143,017
Loans, net		672,749			644,907
Other assets		40,087			40,694
TOTAL ASSETS	$	931,200		$	876,916
LIABILITIES AND STOCKHOLDERS’ EQUITY
Deposits	$	806,394		$	758,857
Long-term borrowings		8,454			8,454
Other liabilities		9,424			8,634
Total Liabilities		824,272			775,945
Stockholders’ equity		106,928			100,971
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	931,200		$	876,916
Book Value per share	$	57.34		$	54.16
Tangible Book Value per share	$	55.87		$	52.59

Century Next Financial Corporation and Subsidiary Consolidated Statements of Income (unaudited)
(In thousands, except per share data)
	Three Months Ended September 30								Nine Months Ended September 30
		2026				2025				2026				2025
Interest Income	$	13,839			$	13,505			$	40,369			$	39,373
Interest Expense		3,352				3,528				9,817				10,577
Net Interest Income		10,487				9,977				30,552				28,796
Provision for Credit Losses		0				265				513				563
Net Interest Income after Provision for Credit Losses		10,487				9,712				30,039				28,233
Noninterest Income		886				1,146				2,741				2,832
Noninterest Expense		5,634				5,557				17,328				16,437
Income Before Taxes		5,739				5,301				15,452				14,628
Provision For Income Taxes		1,186				1,031				3,205				2,970
NET INCOME	$	4,553			$	4,270			$	12,247			$	11,658
EARNINGS PER SHARE
Basic	$	2.46			$	2.33			$	6.63			$	6.38
Diluted	$	2.41			$	2.30			$	6.49			$	6.31
Key Ratios:
Annualized Return on Average Assets										1.78	%			1.71	%
Annualized Return on Average Equity										15.56	%			17.44	%
Annualized Net Interest Margin										4.60	%			4.39	%
Efficiency Ratio										52.05	%			51.97	%

Century Next Financial Corporation Contact Information:

William D. Hogan, President & Chief Executive Officer or
Mark A. Taylor, CPA CGMA, Executive Vice President & Chief Financial Officer
(318) 255-3733

Company Website: www.cnext.bank

CHICAGO, Oct. 22, 2026 (GLOBE NEWSWIRE) — XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host the Fund’s Quarterly Webinar on November 5, 2026 at 11:00 am (Eastern Time). Kimberly Flynn, President at XA Investments will moderate the Q&A style webinar with Ray Di Bernardo and Drew Justman, Portfolio Managers at Madison Investments.

TO JOIN VIA WEB: Please click here to find the online registration link.

TO USE YOUR TELEPHONE: After joining via web, if you prefer to use your phone for audio, you must select that option and call in using a number below, based on your current location.

Dial: (312) 626-6799 or (646) 558-8656 or (267) 831-0333 or (720) 928-9299 or (213) 338-8477
Webinar ID: 832 1620 9414

REPLAY: A replay of the webinar will be available in the Knowledge Bank section of xainvestments.com.

The Fund’s primary investment objective is to provide a high level of current income and gains, with a secondary objective of capital appreciation. The Fund pursues its investment objectives by investing in a portfolio consisting primarily of high quality, large and mid-capitalization stocks that are, in the view of the Fund’s Investment sub-adviser, selling at a reasonable price in relation to their long-term earnings growth rates. The Fund will, on an ongoing and consistent basis, sell covered call options on its portfolio stocks to seek to generate current earnings from option premiums. There can be no assurance that the Fund will achieve its investment objectives. The Fund’s common shares are traded on the New York Stock Exchange under the symbol MCN.

About XA Investments

XA Investments LLC (“XA Investments”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XA Investments serves as the investment adviser for two listed closed-end funds, an interval fund, and a tender offer fund. The listed closed-end funds, the XAI Floating Rate & Alternative Income Trust and XAI Madison Equity Premium Income Fund, both trade on the New York Stock Exchange and the interval fund and tender offer fund, XAI CLO & Income Opportunities Fund and Evanston Multi-Alpha Fund, are both available via direct subscription and through select broker/dealers and wealth management platforms.

In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XA Investments offers custom product build and consulting services, including product development and market research, marketing and fund management.

XA Investments believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XA Investments provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.

About XMS Capital Partners

XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston and London. For more information, please visit www.xmscapital.com.

About Madison Investments

Madison Investments (Madison) is an independent investment management firm based in Madison, Wisconsin. The firm was founded in 1974, has approximately $29 billion in assets under management as of June 30, 2026, and is recognized as one of the nation’s top investment firms. The firm has managed covered call strategies for over 20 years through various market cycles. Madison offers domestic fixed income, U.S. and international equity, covered call, multi-asset, insurance, and credit union investment management strategies. For more information, please visit www.madisonfunds.com.

XA Investments does not provide tax advice; please consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Trust carefully before investing. For more information on the Trust, please visit the Trust’s webpage at www.xainvestments.com.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

NOT FDIC INSURED		NO BANK GUARANTEE		MAY LOSE VALUE

Paralel Distributors, LLC – Distributor

Media Contact: 
Kimberly Flynn, President
XA Investments LLC
Phone: (312) 374-6931
Email: kflynn@xainvestments.com
www.xainvestments.com