Author: Ravi Shankar

News Summary:

• NVIDIA and Meta will expand their partnership on Muse and the Muse family of models, reflecting popular demand for AI agents.
• The companies are also considering other technological collaborations, including NVIDIA OpenShell Reference Architecture to strengthen agency security and NVIDIA Sentry for monitoring, structured, unstructured and graph data processing.
• Meta to expand NVIDIA Vera Rubin and Vera CPU deployment to boost performance and scale workloads with NVIDIA Spectrum-X Ethernet networking and BlueField-4.

SANTA CLARA, Calif., Oct. 27, 2026 (GLOBE NEWSWIRE) — NVIDIA and Meta today announced they will partner to expand their work on Muse and the Muse family of models to improve inference and training performance, reflecting popular demand for useful AI agents.

Meta’s Muse models and agents, which leverage NVIDIA’s infrastructure, have delivered frontier-level benchmark performance and surging consumer downloads since launch. Meta and NVIDIA intend to further deepen their collaboration by partnering on optimizations across workflows to maximize performance and improve total cost of ownership. Meta and NVIDIA will also consider additional collaboration opportunities with NVIDIA on its NVIDIA OpenShell Reference Architecture, including NVIDIA OpenShell™ for safe deployment and NVIDIA Sentry for monitoring agent behavior.

This announcement reinforces Meta and NVIDIA’s strong long-term partnership to support Meta’s AI infrastructure ambitions. Meta intends to expand the deployment of NVIDIA infrastructure, including Vera Rubin and Vera CPUs for next-generation AI agents to deliver maximum performance per watt. Meta will also deploy NVIDIA Spectrum-X™ Ethernet networking and BlueField-4^® to support network efficiency and throughput.

In addition, NVIDIA will invest $3 billion in Meta’s equity offering.

“AI agents represent a new computing paradigm — software that understands our goals, reasons, uses tools and gets work done on our behalf,” said Jensen Huang, founder and CEO of NVIDIA. “This changes how we use computers, from operating applications to working with intelligent agents. NVIDIA and Meta are expanding our partnership to optimize the computing infrastructure end to end for capable, efficient and secure AI agents, so Muse can empower billions of people to achieve more and pursue greater ambitions.”

“Muse is how we bring personal superintelligence to everyone. We’re excited to keep working with NVIDIA to deliver the best personal agents and frontier models for billions of people,” said Mark Zuckerberg, founder and CEO of Meta.

About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

For further information, contact:
Mylene Mangalindan
Corporate Communications
NVIDIA Corporation
press@nvidia.com 

Toshiya Hari
Investor Relations
NVIDIA Corporation
ir@nvidia.com

NVIDIA Forward-Looking Statements
Certain statements in this press release including, but not limited to, statements as to: expectations with respect to NVIDIA’s proposed investment in Meta, including its anticipated completion and any applicable closing conditions; expectations with respect to growth, performance, availability, and benefits of NVIDIA’s products, services and technologies, and related trends and drivers; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners; expectations with respect to technology developments, and related trends and drivers; projected market growth and trends; expectations with respect to AI and related industries; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing products and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on NVIDIA’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, and other NVIDIA product and service names are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries and regions. Other company, product, and service names may be trademarks of the respective companies with which they are associated.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/915679a6-3b0b-41f7-8fac-5f6958b3ae3e

Mowi ASA hereby invites you to the presentation of the results for the third quarter 2026 at The Salmon, Strandpromenaden 11, 0252 Oslo, Norway.

The results will be presented in English through a live webcast followed by a Q&A session. Participants will have the opportunity to submit questions online throughout the webcast session. The webcast will be available on http://www.mowi.com/investors/reports/

A recording of the webcast will be made available on our website immediately afterwards.

Please note that the quarterly report and presentation will be published at 06:30 (CET).

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

Lawson 5 near the western edge of the Prairie Evaporite has confirmed an active, generative Natural Hydrogen system in a 30-km step-out from the first four wells within the Lawson Complex near Central Butte in south-central Saskatchewan. Drilling at Lawson 6 is now in progress 8 km to the southeast. 

Concurrent with continued discovery-focused drilling, MAX Power has commenced its completions program beginning with the Bracken target in the southwest corner of the province to be followed shortly by the start of comprehensive testing at Lawson in an attempt to confirm the world’s first large-scale commercial discovery of a new primary energy source.

Video: The Next Chapter
https://youtu.be/LUIHqS35rMg

REGINA, Saskatchewan, Oct. 27, 2026 (GLOBE NEWSWIRE) —  MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to report that drilling at “Lawson 5”, a 30-km step-out from the original Lawson Natural Hydrogen Discovery near Central Butte, Saskatchewan, has confirmed the presence of a Natural Hydrogen system along the western edge of the Prairie Evaporite, and a follow-up well (Lawson 6) is now in progress approximately 8 km southeast of this new discovery.

The scale of the Natural Hydrogen opportunity in Saskatchewan is highlighted in part by the fact that MAX Power has now confirmed active, generative Natural Hydrogen systems in three distinct areas separated by as much as 365 kilometers across the central and southern part of the province, from the western edge of the Prairie Evaporite southwest through the Lawson Complex (Lawson 1 to 4) to the Bracken target in the far southwest near the Montana border. A completions program has also just commenced at Bracken and crews will head north next week to begin testing the Lawson Complex for flow, concentrations, and volume as MAX Power’s commercial validation program intensifies.

Highlights

• Lawson 5 was successfully cased after being drilled to a total depth of 2,175 meters and will form part of the upcoming Lawson completions program (62 meters of core recovered for analysis);
• The lowermost Deadwood and Precambrian basement complex at Lawson 5 features much more pronounced iron redox, alteration and serpentinization reactions than observed to date at Lawson, including strong hematite oxidation, associated with elevated levels of Natural Hydrogen along sub-vertical faults within a package of exotic terrane source rocks;
• The Lower Interlake, above the Deadwood Formation, features helium prospective zones that will be examined for potential testing during completions.

Mr. Steve Halabura, MAX Power Chief Geoscientist, commented: “MAX Power’s pioneering work in Natural Hydrogen continues to excite and amaze our geological team. Whether we’ve hit an entirely separate Natural Hydrogen system at L-5, or whether this is connected to the Lawson Complex, will be determined through more drilling and geophysical work we’ll be undertaking to optimize our understanding of the local and regional faulting and fracture systems. Lawson 5 skirted the edge of the Salt Wall. Lawson 6 to the southeast has a greater probability of drilling right through the Prairie Evaporite.”  

Mr. Halabura added: “At the Lawson Complex we are continuing to review copious amounts of data ahead of the near-term start of completions. It has become increasingly apparent that at Lawson 4, we hit the Natural Hydrogen ‘kitchen’, but a kitchen that is potentially even bigger and more robust than originally believed. We look forward to providing an update on Lawson 4 and the broader Lawson Complex shortly.”

Mr. Rob Norris, MAX Power CEO, commented: “This further expansion of the Natural Hydrogen opportunity in Saskatchewan speaks to both the favorable geology in this resource-rich province and the dedication and skill of our entire team. We’re excited to see what Lawson 6 brings as we also commence the completions round beginning at Bracken, something we’ve been eagerly anticipating for months. All of this is occurring as we approach the start of the world’s largest Natural Hydrogen conference (H-NAT) in Paris, France, where I’ll be joined next week by several of our team members as MAX Power is a significant sponsor of this event.”

Figure 1 – Lawson 5 Drill Core Sample

Figure 2 – Lawson 5 Drill Core Sample

Why This Matters to Investors

MAX Power’s latest results are reinforcing a much larger geological opportunity than a single Natural Hydrogen discovery. With active, generative systems now identified at the Lawson Complex and in significant step-outs at Lawson 5 (next to the Prairie Evaporite) and at Bracken in the southwest corner of the province, an area spanning 365 kilometers, the Company is building evidence for the potential of Natural Hydrogen deposits across a basin-scale exploration corridor. Importantly, these geographically separated discoveries support the broader exploration thesis while providing additional targets for technical evaluation.

The commencement of completions at Bracken, followed immediately by comprehensive testing at Lawson, represents a critical next step. MAX Power is moving beyond confirming the presence of Natural Hydrogen toward measuring the characteristics that will determine its commercial potential: Natural Hydrogen concentrations, sustained flow rates, reservoir pressures, connectivity and ultimately recoverable volumes and production economics. The aggressive, back-to-back program is designed to generate important technical data across multiple targets while drilling continues to investigate the potential for new discoveries.

At the same time, MAX Power is advancing the broader commercial strategy required to potentially bring a new primary energy source to market. Alongside its technical program, the Company continues to evaluate infrastructure requirements, prospective energy markets and opportunities for future commercial development. This parallel approach reflects MAX Power’s “Months to Molecules” strategy: Advancing geological discovery, commercial validation and potential routes to market together, rather than sequentially.

For investors, the significance is the convergence of these developments. MAX Power is expanding its understanding of the regional Natural Hydrogen opportunity while beginning the testing needed to establish whether that geological potential can translate into commercially viable energy production.

Figure 3 – MAX Power Drilling at Lawson 5 Well (October 2026)

MAX Power Attends Two Prominent Investor Conferences This Week

MAX Power is pleased to announce its participation in two prominent investor conferences taking place in Toronto on Wednesday and Thursday, October 28 and 29, 2026. Chad Levesque, President and Director, will present at the Planet MicroCap Showcase: Toronto 2026, powered by MicroCapClub, on Wednesday, October 28, at 12:00 p.m. Eastern Time, at Arcadian Court & Loft, 401 Bay Street.

The conference brings together leading microcap investors, emerging growth companies and industry professionals for corporate presentations and one-on-one investor meetings. Rob Norris, CEO and Director, will present at the Red Cloud Fall Mining Showcase on Wednesday, October 28, at 1:40 p.m. Eastern Time, at the Omni King Edward Hotel, 37 King Street East. The Red Cloud Showcase brings together mining and exploration companies, institutional investors and resource-sector professionals.

In addition to their presentations, Mr. Levesque and Mr. Norris will conduct dozens of one-on-one investor meetings throughout the two conferences, engaging directly with institutional investors, fund managers and other members of the investment community. These meetings will provide an opportunity to discuss MAX Power’s recent advancements at its Lawson Natural Hydrogen Discovery, the Company’s ongoing exploration and testing programs, and its broader strategy to advance the commercialization of Natural Hydrogen across Saskatchewan’s Genesis Trend. The Company’s participation in both conferences reflects its continued commitment to expanding investor awareness, strengthening relationships within the capital markets and positioning MAX Power at the forefront of the emerging Natural Hydrogen sector.

Figure 4 – Genesis Trend Map – 475 km “Natural Hydrogen Highway”

MAX Power Raises $1.66 Million Through Warrant & Option Exercises

MAX Power is pleased to report that from September 1 through October 15, 2026, the Company further solidified its strong cash position by raising a total of $1,662,000 through the exercise of warrants (1,187,500 warrants for $1,462,500) and stock options (891,667 for $199,500).

Hampton Agreement

Effective October 13, 2026, MAX Power entered into an advisory fee agreement (the “Agreement”) with Hampton Securities Limited (“Hampton”), pursuant to which Hampton will provide advisory services to the Company. The engagement period commences on the date the Agreement was executed and extends until December 31, 2026.

In consideration for the advisory services, the Company has agreed to pay Hampton a one-time advisory fee of $400,000 plus applicable taxes, payable upon execution of the Agreement. The Agreement is non-exclusive, and Hampton is not entitled to any compensation other than the advisory fee.

Hampton is located at 141 Adelaide Street West, Suite 1800, Toronto, Ontario, M5H 3L5. Its primary contact is Andrew Deeb, Managing Director – Investment Banking (Telephone: 416-862-8686; Email: adeeb@hamptonsecurities.com).
 
Any securities of the Company held by Hampton were not received as compensation for the advisory services under the Agreement, and no securities of the Company are issuable to Hampton under the Agreement.

Amended Marketing Agreement – RazorPitch

MAX Power has further amended its investor marketing and consulting agreement (the “Agreement”) with RazorPitch, Inc. (“RazorPitch”), previously announced by the Company, to continue and expand the scope of services and increase the compensation payable thereunder.

Under two amendments, effective October 5, 2026, and October 13, 2026, respectively, RazorPitch will continue to provide investor awareness marketing services, including digital, social, influencer and broker marketing, together with news amplification services, in addition to the services previously disclosed under the Agreement.

In consideration for the additional services, the Company will pay RazorPitch additional cash fees of $250,000 USD under each amendment, for an aggregate additional fee of $500,000 USD, bringing total cash consideration payable to RazorPitch under the Agreement, as amended, to $850,000 USD. No securities of the Company are issuable to RazorPitch as compensation under the Agreement, as amended.

The term of the Agreement is unchanged and continues until November 14, 2026. All other terms of the Agreement remain unchanged. To the knowledge of the Company, RazorPitch and its principals remain at arm’s length to the Company and do not hold any securities of the Company. RazorPitch is responsible for ensuring that its promotional activities comply with applicable securities laws and CSE policies.

Marketing Agreement – EMC

MAX Power has engaged Emerging Markets Consulting, LLC (“EMC”) to conduct an influencer and AI discoverability campaign (the “Campaign”) to raise awareness of Natural Hydrogen and the Company for a 2-week period beginning the week of October 26, 2026. In consideration for the Campaign, the Company has agreed to pay EMC $200,000 USD. EMC is located at 390 North Orange Avenue, Suite 2300, Orlando, Florida, and its principal is James S. Painter. EMC deals with the Company at arm’s length, and neither EMC nor its principals own, directly or indirectly, any securities of the Company. EMC’s compensation is payable in cash only, not securities of the Company.

Stay Connected by Following Us On

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YouTube: youtube.com/@maxpowerminingcorp
and by joining our Telegram channel: t.me/MaxpowerMining

Recent Videos

Video: The Time is Now
https://youtu.be/TKnEnBEQ0TM

What if the Answer to Natural Hydrogen Was Beneath Our Feet All Along?
https://youtu.be/srV-RCmzzPk

President Chad Levesque On Significance of Lawson
https://youtu.be/wCeFQTKtOuI

What is Natural Hydrogen?
https://www.youtube.com/watch?v=S0bqqZeIpxc

Genesis Explained: Its “Salt Barrier” Advantage and Proximity to Demand
https://www.youtube.com/watch?v=3ytpHdve6S8

The Genesis Trend’s Industrial Corridor
https://youtube.com/shorts/IAgALH_s3mI

Lawson – Canada’s First Big Step into Natural Hydrogen
https://www.youtube.com/watch?v=lTTOwMxz_zo

MAX Power Leaps at Lawson
https://www.youtube.com/watch?v=Yr4Ha06__Eg

Watch the Drill in Action
https://www.youtube.com/watch?v=eguNGAfdIek

MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.youtube.com/watch?v=TXGDtTUbJ2c

History in The Making at Lawson – Video Immediately Ahead of Drill Rig Setup
https://www.youtube.com/watch?v=BNHazk9Sy4E

About MAX Power

MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company’s Lawson Discovery near Central Butte, Saskatchewan, represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling with data validated by three independent labs. MAX Power has built dominant district-scale land positions across Saskatchewan with approximately 2.5 million acres (~1 million hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen, and has commenced a multi-well follow-up drill program to validate the commerciality of the broader Lawson Complex interpreted to cover a 28 sq. km area along the 475-km Genesis Trend. MAX Power also holds a significant equity position in Homeland Critical Minerals, which now owns the Willcox Project in Arizona, a lithium discovery confirmed in early 2024 by MAX Power. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.

On behalf of the Board of Directors,

Rob Norris, CEO
MAX Power Mining Corp.
info@maxpowermining.com

For further information, please contact:

Chad Levesque, President
Ph: 1-306-981-4753
chad@maxpowermining.com

Media Contact:

Sarah Mawji, Venture Strategies
sarah@venturestrategies.com

Cautionary Statement and Forward-Looking Information

This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is often identified by words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “predict”, “project”, “should”, “will” and similar expressions.

Forward-looking information is based on management’s current expectations, estimates, projections and assumptions, including, among other things, that required regulatory approvals will be obtained, financing will be available on acceptable terms, planned exploration, appraisal and development activities will proceed as anticipated, equipment and personnel will be available as required, geological interpretations and technical results will support further advancement of the Company’s projects, and market conditions will remain favourable.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, without limitation, risks relating to exploration and development activities, geological and technical uncertainties, commercialization of Natural Hydrogen, reservoir performance, infrastructure availability, strategic partnership opportunities, market acceptance, commodity and energy prices, access to capital, regulatory approvals, environmental and permitting requirements, and general economic, market and business conditions.

There can be no assurance that the Company’s plans, expectations or objectives will be achieved. Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update or revise any forward-looking information, whether due to new information, future events or otherwise, except as required by applicable securities laws.

Additional information regarding the Company and the risks and uncertainties affecting its business and operations is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c587228-2c54-48d2-88cf-62702349ca82

https://www.globenewswire.com/NewsRoom/AttachmentNg/eda1ee8a-1e16-45d6-a934-d2de321d56eb

https://www.globenewswire.com/NewsRoom/AttachmentNg/664f07bb-6a5d-4f35-a8f3-fd8c173305bb

https://www.globenewswire.com/NewsRoom/AttachmentNg/b3e47607-9409-4d33-9649-b1e18043e034

https://www.globenewswire.com/NewsRoom/AttachmentNg/e600d3cd-9999-4ca4-be56-bfb5d492869e

This press release was published by a CLEAR® Verified individual.

 Senior appointment strengthens UAE corporate and international tax leadership to help clients navigate complex corporate and international tax requirements

DUBAI, United Arab Emirates, Oct. 27, 2026 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Sandeep Kumar as a Senior Managing Director in the Tax practice within the firm’s Corporate Finance segment, reflecting increasing client demand for practical UAE corporate tax, international tax and technology-enabled compliance support.

Mr. Kumar, who is based in Dubai, will help listed companies, multinationals and family-owned groups navigate UAE corporate tax and international tax matters by providing practical advice across structuring, cross-border transactions, compliance, engagement with the tax authority and technology-enabled transformation of the tax function.

“Sandeep’s appointment marks an important next step in the growth of our Tax practice in the Middle East,” said Nilesh Ashar, a Senior Managing Director and Head of Middle East Tax at FTI Consulting. “Since the introduction of UAE corporate tax, Sandeep has worked with businesses across the full lifecycle, from initial impact assessment and implementation through compliance, clarifications and tax return filings. His combination of technical expertise, sector knowledge and experience developing technology-enabled solutions will add meaningful value for clients as they respond to a rapidly evolving regional tax environment.”

Mr. Kumar brings 17 years of corporate and international tax experience, with approximately a decade of it in the GCC. He has advised clients across the oil and gas, utilities, real estate, education, retail and consumer sectors, and has represented clients before the tax authority, supported complex private clarification requests and assisted in developing tax technology solutions to improve corporate tax compliance.

“Sandeep’s experience will strengthen the connectivity between our regional Tax team and our wider EMEA capabilities,” said Euan Sutherland, Head of EMEA Tax at FTI Consulting. “His understanding of UAE corporate tax, international tax and technology-enabled compliance will be valuable to organisations managing increasingly complex obligations across jurisdictions in the region. He also brings a strong commitment to developing people and sharing technical knowledge, which will support the continued growth of our team.”

Prior to joining FTI Consulting, Mr. Kumar was a partner at a leading tax advisory firm in the UAE, where he built and led the corporate tax team and headed its learning and development and thought leadership programme. He previously held senior tax roles in the Big Four accounting firms in the UAE, India and Oman. Mr. Kumar is a Chartered Accountant (ICAI) and holds the IBFD Advanced Professional Certificate in International Taxation (APCIT).

Commenting on his appointment, Mr. Kumar said, “UAE corporate tax has moved quickly from implementation to a phase of closer scrutiny, and businesses now need advice that combines technical depth with practical, commercially grounded solutions. I look forward to working with Nilesh and expert colleagues across the region, Corporate Finance and EMEA to build a UAE corporate tax practice that clients rely on for exactly that, and to develop the next generation of tax talent along the way.”

About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of June 30, 2026. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. The Company generated $3.8 billion in revenues during fiscal year 2025. More information can be found at www.fticonsulting.com.

FTI Consulting, Inc.  
200 Aldersgate
Aldersgate Street
London, EC1A 4HD

Investor Contact:  
Mollie Hawkes 
+1.617.747.1791 
mollie.hawkes@fticonsulting.com 

Media Contact:  
publicrelations@fticonsulting.com

SYDNEY, Oct. 26, 2026 (GLOBE NEWSWIRE) — Omni Bridgeway Limited (ASX: OBL), a leading global alternative asset manager specialising in legal assets, has released its Investment Portfolio Report as at 30 September 2026 (1Q27). The first quarter of the financial year (FY27) delivered elevated completion returns, 24% growth in management fees and the final close of Funds 4/5 Series II at its full US$1 billion target, with the Group tracking at or above all of its FY27 operational targets.

Key Highlights

1. Strong completion returns: 20 full and partial completions generated A$135.8 million in investment proceeds at a 3.9x multiple on invested capital (MOIC), well above the two-year trailing average of 2.5x, and a fair value conversion ratio of 102%.
2. Growing fee income: Management fees of A$10.7 million were up 24% on 1Q26. Cash carried interest of A$9.4 million was received during the quarter, with a further approximately A$8.6 million accrued on Series II funds and not yet distributed.
3. Funds 4/5 Series II closed at US$1 billion: The final close of the Series II raise was achieved at the full US$1 billion target, which is expected to accelerate management fee growth towards the higher end of the range indicated for FY27.
4. Commitments and an elevated pipeline: New commitments of A$87.1million were made to nine new investments, up 23% on 1Q26 and in line with normal seasonality, adding A$81.2 million in new fair value. The pipeline now comprises 46 agreed exclusive term sheets representing an estimated A$416.6 million in new commitments if contracted, up from A$317.8 million at 1Q26.
5. Measured cost management: Cash operating expenses of A$15.7 million are tracking below the FY27 budget range of A$72.5–75.0 million, with a cost coverage ratio of 68% for the quarter.

Managing Director and Chief Executive Officer Raymond van Hulst commented:

“Omni Bridgeway has made a strong start to FY27. Completions delivered a 3.9x multiple, management fees grew 24% and the final close of Series II at US$1 billion on improved terms underpins further fee growth.

With 46 exclusive term sheets and a significant number of late-stage investments in the portfolio, we remain well positioned for the rest of the year.”

Outlook and Upcoming Dates

Favourable market and competitive dynamics continue to support a strong pipeline with appropriate risk-adjusted pricing. Management fee growth is expected to accelerate following the Series II final close, while cash operating expenses are expected to increase in later quarters, in line with the FY27 budget.

Omni Bridgeway’s Annual General Meeting will be held today, 27 October 2026. The 2Q27 Investment Portfolio Report is expected to be released on 29 January 2027. The full 1Q27 Investment Portfolio Report is available via the ASX announcements platform.

Investor and Media Contacts

Media

Naomi Barber, Director, Business Development & Marketing
+61 421 371 844, nbarber@omnibridgeway.com

Investor Relations

Nathan Kandapper, Global Head of Investor Relations
+61 403 941 502, nkandapper@omnibridgeway.com

ABOUT OMNI BRIDGEWAY

Omni Bridgeway is the world’s leading alternative asset manager dedicated to legal finance, with over A$5.9 billion in assets under management across multiple funds. Founded in 1986 and listed on the ASX since 2001, Omni Bridgeway has pioneered the industry and has a unique track record of consistent outperformance across multiple decades and economic cycles. With a team of approximately 160 professionals operating in over 20 locations and 15 countries, Omni Bridgeway is the largest and most diversified institutional platform for primary origination, underwriting and management of legal assets and risk, across all relevant jurisdictions and areas of law.

CARY, N.C., Oct. 26, 2026 (GLOBE NEWSWIRE) — Heron Therapeutics, Inc. (Nasdaq: HRTX) (“Heron” or the “Company”), a commercial-stage biotechnology company, today announced that the Company will host a conference call and live webcast on Monday, November 9, 2026, at 8:30 a.m. ET to report third quarter financial results and discuss recent business highlights.

The conference call can be accessed by phone by utilizing the following registration link which will provide participants with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. The conference call will also be available via webcast under the Investor Relations section of Heron’s website at www.herontx.com. An archive of the teleconference and webcast will also be made available on Heron’s website for 60 days following the call.

About Heron Therapeutics, Inc.

Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com.

Forward-looking Statements

This news release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management’s expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, risks and uncertainties identified in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law.

Investor Relations and Media Contact:

Ira Duarte
Executive Vice President, Chief Financial Officer
Heron Therapeutics, Inc.
iduarte@herontx.com
858-251-4400

CHIHUAHUA, Mexico, Oct. 26, 2026 (GLOBE NEWSWIRE) — Grupo Bafar, S.A.B. de C.V. (BIVA: BAFARB) (“Grupo Bafar” or the “Company”), a leading Mexico-based food company, today announced its financial results for the third quarter ended September 30, 2026. The Company reported year-over-year growth, supported by ongoing innovation, digital transformation and expansion initiatives.

Third Quarter 2026 Highlights

• Net sales were Ps. 8,889.6 million, up 11.5% year over year.
• Operating income was Ps. 1,208.4 million, representing an operating margin of 13.6%.
• EBITDA was Ps. 1,559.4 million, up 24.3% year over year.
• Net income was Ps. 675.3 million, representing a net margin of 7.6%.

Grupo Bafar delivered record third-quarter sales and improved profitability, driven by higher sales volumes, a greater contribution from higher-value-added businesses and disciplined operating cost management.

Bafar Alimentos, the Company’s food division, reported third-quarter net sales of Ps. 8,367.6 million, an increase of 9.8% YoY, supported by performance across its sales channels. The Company continued to expand its company-operated retail footprint to capture additional value, enhance operating margins and drive profitable long-term growth.

The food division reported EBITDA of Ps. 1,149.3 million, an increase of 18.6% year over year, with an EBITDA margin of 13.7%. Capital expenditures (CapEx) totaled Ps. 1,124 million, primarily reflecting investments in the expansion of the commercial network, the expansion of distribution centers in Chihuahua (Ps. 646 million) and construction of a new regional distribution center in Villahermosa. The Company expects these initiatives to enhance supply chain efficiency and support long-term value creation.

Fibra Nova reported total revenue of Ps. 441.2 million, an increase of 12.5% year over year, supported by 100% occupancy and contributions from new leases. EBITDA totaled Ps. 479.6 million, equivalent to 108.7% of revenue, compared with 100.3% in the prior-year period. Quarterly investments totaled Ps. 326.9 million, primarily allocated to build-to-suit industrial developments. Fibra Nova ended the quarter with a loan-to-value (LTV) ratio of 31%.

Grupo Bafar’s Financial Division reported credit and factoring originations of Ps. 1,314.9 million, reflecting increased demand from small and medium-sized enterprises (SMEs) and strategic suppliers. Quarterly revenue rose 22.3% YoY to Ps. 313.7 million. Operating income totaled Ps. 96.1 million, while EBITDA reached Ps. 97.6 million. The number of active B-Cash cards exceeded 1,117, an increase of 86.2% YoY.

The Company’s real estate division continued to advance Valle de los Encinos, its flagship development in Chihuahua. Residential lot sales generated revenue of Ps. 237.4 million during the quarter. Hotel del Valle de los Encinos also commenced operations and is expected to contribute progressively to recurring revenue, alongside the development’s restaurant and hospitality offerings.

Looking ahead, Grupo Bafar plans to advance its commercial expansion, brand development and operational automation initiatives. Management expects these investments to enhance efficiency, support margin resilience and strengthen the Company’s competitive position.

“The strength of our operations and the continued progress of our automation and infrastructure projects demonstrate Grupo Bafar’s ability to execute. Each strategic initiative we undertake is guided by a clear focus on efficiency and scalability. We believe we have the financial strength, talent and operational discipline to pursue new opportunities, deliver profitable growth and build long-term value for our shareholders,” said Eugenio Baeza, Chief Executive Officer of Grupo Bafar.

About Grupo Bafar

Headquartered in Chihuahua, Mexico, Grupo Bafar, S.A.B. de C.V. operates businesses spanning food production and distribution, financial services, real estate development and industrial real estate through Fibra Nova. The Company’s shares are listed on the Bolsa Institucional de Valores (BIVA) under the ticker symbol BAFARB.

Investor Relations Contact:

Luis Carlos Piñón Reza

lpinon@bafar.com.mx

ir@bafar.com.mx

https://ri.bafar.investorcloud3.net/

Toronto, Oct. 26, 2026 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (CBOE:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund.      

Faircourt Funds	Trading Symbol	Distribution Amount (per share/unit)	Ex-Dividend Date	Record Date	Payable Date
Faircourt Gold Income Corp.	FGX	$0.034	October 29, 2026	October 30, 2026	November 13, 2026

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. 

This press release is not for distribution in the United States or over United States wire services.

For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com or
please contact 1-800-831-0304.

You will usually pay brokerage fees to your dealer if you purchase or sell Shares of the Fund on the CBOE Canada Exchange or other alternative Canadian trading system (an “exchange”). If the Shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Shares of the Fund and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Oct. 26, 2026 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:​HCM; HKEX:​13) today announces an expert webcast, co-hosted with Citigroup Global Markets Asia Limited (“Citigroup”) for analysts and investors, to discuss recent Phase III clinical data for savolitinib in MET-driven non-small cell lung cancer (“NSCLC”) recently presented at the European Society for Medical Oncology (ESMO) Congress 2026. This virtual webcast will take place on Thursday, November 5, 2026, at 4:30 pm HKT / 8:30 am GMT / 3:30 am EST.

The discussion will be led by Professor Yi-Long Wu, principal investigator of the SANOVO study, who will share insights on the latest clinical data and treatment strategies for MET-driven NSCLC. Dr Weiguo Su, Chief Executive Officer (presently on leave of absence) and Chief Scientific Officer of HUTCHMED, will also join the panel to discuss the development progress to date and global regulatory outlook of savolitinib in light of data from both the SANOVO study in China and the SAFFRON global study. The event will be moderated by Mr Yingqi Peng, Asia Healthcare Research Analyst from Citigroup.

The webcast will be conducted in Chinese (Putonghua) with simultaneous English interpretation. Event and registration details will be available at www.hutch-med.com/event.

About Savolitinib

Savolitinib is an oral, potent and highly selective MET tyrosine kinase inhibitor (“TKI”) that has demonstrated clinical activity in advanced solid tumors. It blocks atypical activation of the MET receptor tyrosine kinase pathway that occurs because of mutations (such as exon 14 skipping alterations or other point mutations), gene amplification or protein overexpression.

Savolitinib is marketed in China under the brand name ORPATHYS^® for the treatment of adult patients with locally advanced or metastatic NSCLC with MET exon 14 skipping alteration, representing the first selective MET inhibitor approved in China. Savolitinib also received a conditional approval in China for the treatment of adult patients with locally advanced or metastatic gastric cancer or gastroesophageal junction (GC/GEJ) adenocarcinoma patients with MET amplification who have failed at least two prior systemic treatments. Savolitinib in combination with TAGRISSO^® is approved in China for patients with locally advanced or metastatic epidermal growth factor receptor (“EGFR”) mutation-positive non-squamous NSCLC with MET amplification after disease progression on EGFR-TKI therapy based on the SACHI Phase III trial. The combination was also granted a temporary authorization in Switzerland for the treatment of patients with locally advanced or metastatic EGFRm NSCLC and high levels of MET overexpression or amplification who progressed on prior treatment with TAGRISSO^®. This was based on results from the global SAVANNAH Phase II trial. The global, randomized, SAFFRON Phase III trial in the same treatment setting comparing the combination with doublet platinum-based chemotherapy reported positive high-level results, demonstrating a statistically significant and clinically meaningful improvement in progression-free survival (“PFS”) and overall survival (“OS”) in August 2026.

Savolitinib is being jointly developed by AstraZeneca and HUTCHMED and commercialized by AstraZeneca.

About SANOVO

SANOVO is a blinded, randomized, controlled Phase III trial in previously untreated patients with locally advanced or metastatic NSCLC with activating EGFR mutations and MET overexpression in China conducted by HUTCHMED. The study evaluates the efficacy and safety of savolitinib in combination with TAGRISSO^® compared to TAGRISSO^® alone, a standard-of-care treatment option for these patients. A total of 326 treatment-naïve patients with locally advanced or metastatic NSCLC harbouring EGFR mutations (exon 19 deletion or L858R) and MET overexpression were randomized in a 1:1 ratio to receive TAGRISSO^® 80 mg once daily plus either savolitinib or placebo at 300/200 mg twice daily (dosed based on body weight).

The primary endpoint of the trial is PFS as assessed by investigators. Other endpoints include PFS assessed by an independent review committee, OS, objective response rate, duration of response, disease control rate, time to response and safety.

About SAFFRON

SAFFRON is a randomized, open-label, multi-center, global Phase III trial studying the efficacy of savolitinib (300 mg twice daily) added to TAGRISSO^® (80 mg once daily) versus doublet platinum-based chemotherapy in 338 patients with EGFRm, locally advanced or metastatic NSCLC with MET overexpression or amplification whose disease progressed following first- or second-line treatment with TAGRISSO^®. The trial enrolled patients in 230 centers across 29 countries in North America, Europe, South America and Asia. The primary endpoint is PFS and key secondary endpoint includes OS.

Patients were prospectively selected for SAFFRON using the high MET level cut-offs identified in the SAVANNAH Phase II trial. ​In SAVANNAH, MET overexpression or amplification levels were determined by two tests: immunohistochemistry (IHC), which detects if cancer cells have a particular protein or marker on their surface, and fluorescence in situ hybridization (FISH), which detects a specific DNA sequence from cancer cells.

About HUTCHMED

HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. Since inception it has focused on bringing drug candidates from in-house discovery to patients around the world, with its first four medicines marketed in China, the first of which is also approved around the world including in the US, Europe and Japan. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED’s current expectations regarding future events, including its expectations regarding the therapeutic potential of savolitinib, the further clinical development for savolitinib, its expectations as to whether any studies on savolitinib would meet their primary or secondary endpoints, and its expectations as to the timing of the completion and the release of results from such studies. Forward-looking statements involve risks and uncertainties. Such risks and uncertainties include, among other things, assumptions regarding enrollment rates and the timing and availability of subjects meeting a study’s inclusion and exclusion criteria; changes to clinical protocols or regulatory requirements; unexpected adverse events or safety issues; the ability of savolitinib, including as a combination therapy, to meet the primary or secondary endpoint of a study, to obtain regulatory approval in different jurisdictions and to gain commercial acceptance after obtaining regulatory approval; the potential market of savolitinib for a targeted indication; the sufficiency of funding; HUTCHMED’s and AstraZeneca’s ability to successfully develop and commercialize savolitinib. In addition, as certain studies rely on the use of other drug products such as TAGRISSO^® as combination therapeutics with savolitinib, such risks and uncertainties include assumptions regarding the safety, efficacy, supply and continued regulatory approval of these therapeutics. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see HUTCHMED’s filings with the US Securities and Exchange Commission, The Stock Exchange of Hong Kong Limited and on AIM. HUTCHMED undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

CONTACTS

Investor Enquiries	+852 2121 8200 / ir@hutch-med.com
Media Enquiries
FTI Consulting –	+44 20 3727 1030 / HUTCHMED@fticonsulting.com
Ben Atwell / Tim Stamper	+44 7771 913 902 (Mobile) / +44 7779 436 698 (Mobile)
Brunswick – Zhou Yi	+852 9783 6894 (Mobile) / HUTCHMED@brunswickgroup.com
Panmure Liberum	Nominated Advisor and Joint Broker
Atholl Tweedie / Emma Earl / Rupert Dearden	+44 20 7886 2500
Cavendish	Joint Broker
Geoff Nash / Nigel Birks	+44 20 7220 0500
Deutsche Numis	Joint Broker
Duncan Monteith / Ramin Naji	+44 20 7545 8000

Green Bay Copper-Gold Project, Canada

The greenfields discovery, just 35km from the flagship Ming Mine, highlights the exploration potential of numerous targets to be tested at Green Bay

KEY POINTS

• Regional exploration drilling at the Green Bay Copper-Gold Project has discovered a significant copper and gold-rich Volcanogenic Massive Sulphide (VMS) system at the Mount Joy prospect near Tilt Cove
• Mount Joy was a new target identified by FireFly’s extensive geophysical and geochemical campaign
• The first hole drilled to test the Electromagnetic (EM) geophysical anomaly intersected shallow and wide copper and gold mineralisation:
  • 22.5m @ 2.5% copper equivalent (CuEq)¹ from 109m, including 9.0m @ 3.9% CuEq (3.0% Cu & 1.0g/t Au) ~true thickness in hole FFR26-071
• Follow-up step-out drilling has intersected ~40m of semi-massive sulphides in hole FFR26-076 (assays pending)
• Downhole EM (DHEM) points to more conductive targets off-hole ready to be drill tested
• Mineralisation intersected in the drilling shares similar characteristics to other notable deposits in the district including Tilt Cove and Ming, which has a Mineral Resource Estimate (MRE) of 57.4Mt @ 2.4% CuEq Measured and Indicated (M&I) and 17.3Mt @ 2.8% CuEq Inferred Mineral Resources
• This drilling is part of the first ever drill program completed by FireFly in the Tilt Cove – Betts Cove district and has resulted in immediate success with the discovery of a new copper-gold VMS system at Mount Joy
• Mount Joy is located approximately 35km east of the Ming Mine and just 2.6km from the Company’s Nugget Pond Mill currently on care and maintenance
• The Mount Joy discovery highlights the potential upside of the abundant high-quality targets yet to be drilled at Green Bay
• Regional discoveries offer the potential to add new prospective mineral deposits to the production profiles outlined in the Company’s recently released Preliminary Economic Assessment (PEA), and are therefore particularly valuable
• Three surface rigs will continue with regional drilling, with assays expected from Mount Joy and other regional targets over the coming weeks
• A maiden MRE on the regional target known as Main Mine is planned for the next quarter. This was the first target the Company drill tested outside of the Ming Mine when the Company commenced drilling earlier this year. It is located less than 3km from Ming Mine
• An updated MRE and a Feasibility Study for the Green Bay Ming Mine project are on track for release in the next quarter and a Final Investment Decision (FID) is expected in mid-2027
• FireFly is well-funded to achieve its growth objectives with ~A$368 million² in cash and liquid investments (unaudited) as at 31 July 2026

FireFly Managing Director Steve Parsons said: “Mount Joy is a significant discovery for several reasons.

“It is already clear that the prospect contains high grades and substantial widths of mineralisation within a larger district-scale VMS system. And geophysics points to more highly prospective targets close to the newly discovered mineralisation. This discovery also underscores the immense potential of the pipeline of geophysical and geochemical targets we have identified at Green Bay.

“The Mount Joy discovery supports our plan to continue driving growth in the Mineral Resource, mine life and forecast production rates at Green Bay. As part of this strategy, we will release an updated Mineral Resource Estimate and a Feasibility Study in the coming quarter, ahead of a Final Investment Decision expected in mid-2027.”

PERTH, Australia, Oct. 26, 2026 (GLOBE NEWSWIRE) — FireFly Metals Ltd (ASX, TSX: FFM) is pleased to announce a significant exploration discovery at the Green Bay Copper-Gold Project in Newfoundland, Canada.

The first drilling program at the Mount Joy prospect in the historic Tilt Cove–Betts Cove mining district has discovered a new copper-gold VMS system.

The discovery hole FFR26-071 intersected 22.5m at 2.5% CuEq (1.9% Cu and 0.6g/t Au) and included 9.0m at 3.9% CuEq (3.0% Cu and 1.0g/t Au). Follow-up drilling has intersected further extensive sulphide mineralisation, including ~40m of semi-massive sulphides (assays pending, with further information set out in Appendix B).³

The intersection shares many characteristics with other notable deposits in the district, including the historical Tilt Cove Mine (170kt of copper produced⁴) and the Ming Mine (current MRE of 57.4Mt @ 2.4% CuEq M&I plus 17.3Mt @ 2.8% CuEq Inferred). It demonstrates the potential for further discoveries within FireFly’s mineral properties along the prospective volcanic sequence that hosts the historic Tilt Cove copper mine.

Importantly, the Mount Joy discovery is located only 2.6km from FireFly’s existing Nugget Pond processing facility currently on care and maintenance.

The Mount Joy discovery is the direct result of FireFly’s significant investment in regional geophysics and generative geochemical prospecting. A large-scale EM anomaly was observed in airborne geophysics and followed up with ground-based surveys in 2025-2026. Surface mapping has identified numerous indicators of copper mineralisation including the oxidised copper mineral, Malachite.

Subsequent DHEM surveys conducted in the drilling suggest a broad mineralised system with numerous off-hole conductive anomalies identified.

Regional exploration remains a core strategic pillar of FireFly’s strategy to unlock the full potential of the Green Bay project, with C$16.7M budgeted for regional programs in FY27. Three surface rigs are planned to continue regional exploration drilling for the remainder of the year, with a maiden Inferred MRE expected for the Main Mine deposit in Q1 2027. Further regional exploration results are expected imminently.

Work to advance Green Bay towards construction has accelerated since the Company released the results of the PEA for the upscaled restart on 25 August 2026. Early works have commenced and the Company remains on track to deliver an updated MRE and Feasibility Study in Q1 2027. A FID is expected to be considered in mid-2027.

FireFly remains well funded to advance the Green Bay project, with approximately A$368M⁵ in cash and liquid investments (unaudited) as at 31 July 2026.

Figure 1: Map showing the location of the Mount Joy discovery. The discovery hole is only ~35km from the Ming Mine and only 2.6km from FireFly’s Nugget Pond processing facility currently on care and maintenance.

Figure 2: Mount Joy discovery hole FFR26-071 with high-grade copper and gold mineralisation of 22.5m @ 2.5% CuEq including 9.0m @ 3.9% CuEq (3.0% Cu and 1.0g/t Au). Core photograph showing mineralisation in the upper VMS and transitioning into the lower stringer zone. These mineralisation styles are similar to those observed at the Ming Mine (with a current MRE of 57.4Mt @ 2.4% CuEq M&I plus 17.3Mt @ 2.8% CuEq Inferred).

About the Mount Joy Drilling Results

FireFly has made a new copper-gold VMS discovery at Mount Joy, approximately 2.6km from the Company’s Nugget Pond processing facility. The discovery was made during the first helicopter-supported drilling program at the prospect, following airborne EM survey in 2025 and ground EM survey during winter 2026.

Mount Joy occurs along the same prospective stratigraphic contact as the historic Tilt Cove copper mine (Figure 4). The contact can be traced for several kilometres north and south of the discovery.

The first hole, FFR26-064, intersected 6.5m at 2.0% CuEq (0.8% Cu and 1.2g/t Au from 15.6m). Subsequent DHEM survey identified a strong off-hole conductor approximately 80m south of the initial intersection, tested by FFR26-071.

FFR26-071 intersected 22.5m at 2.5% CuEq (1.9% Cu, 0.6g/t Au and 0.4% Zn), including 9.0m at 3.0% Cu and 1.0g/t Au. The mineralisation comprises massive sulphide, predominantly pyrite with chalcopyrite and sphalerite, underlain by copper-gold-bearing stringer mineralisation. These features are consistent with a well-developed VMS system.

Follow-up hole FFR26-076, drilled from the same platform as FFR26-071, intersected approximately 40m of semi-massive sulphide mineralisation between 240m and 280m downhole, with additional pyrite-chalcopyrite stringer mineralisation continuing beyond 400m. Assays are pending. Geological interpretation indicates that mineralisation in FFR26-071 and FFR26-076 is separated by a fault, with FFR26-076 testing the underlying footwall sequence (Figure 5).

Assays received to date are summarised in Table 1.

Hole	From (m)	Interval (m)	Cu (%)	Au (g/t)	Zn (%)
FFR26-064	15.55	6.45	0.81	1.19	—
FFR26-071	109.00*	22.50	1.87	0.64	0.38
including	—	9.00	2.95	0.95	—
FFR26-076	240–280 approx.	~40 visual	Pending	Pending	Pending

Table 1: summary of assays received to date from drilling at Mount Joy. Refer to Appendix B for further details on drill results and sulphide percentages observed. Please note that visual sulphides do not necessarily correspond to economic grades.

The helicopter-supported drilling program is complete. Remaining assays, geochemical analysis, borehole geophysics and structural interpretation will guide follow-up drilling. A winter access road is planned from Nugget Pond to enable track-mounted drilling during the Canadian winter of 2027.

Forward Work Plans

The FireFly growth strategy remains focused on advancing the Green Bay Ming Mine project towards the resumption of upscaled copper and gold production. Near term activities remain focused on:

• 6 underground drill rigs upgrading the Mineral Resource, through infill drilling, from Inferred to M&I Mineral Resources;
• High-grade shallow extensions of Ming underground for additional Mineral Resource Growth;
• Completion of the Feasibility Study in Q1 2027;
• Advancement of permitting, engineering and early works to support future development scenarios; and
• New Discoveries from both underground and surface regional exploration drilling with 3 regional rigs operating (additional Mount Joy and other regional targets results pending);
• A maiden Mineral Resource Estimate planned for completion in Q1 2027 at the Main Mine prospect located less than 3 km from the Ming Mine and future processing plant.

Green Bay (Ming Mine) Mineral Resource Development

As of 30 September 2026, the Company had completed ~210,000 metres of underground diamond drilling. Six underground rigs will continue to advance the underground Mineral Resource conversion and extension activities for the foreseeable future.

Near-term underground drilling will remain focused on infill definition to upgrade areas of Inferred to the higher confidence M&I Mineral Resources ahead of economic studies into resuming upscaled production at Green Bay. The decision to focus on infill drilling is driven by numerous factors, including:

• Ore Reserves can only be declared from M&I Mineral Resources;
• M&I Mineral Resources can be incorporated into Feasibility Studies – no inferred resource is considered in the Feasibility mine plan; and
• De-risking the project by further increasing confidence in the geological model and grade estimation.

The Company intends to complete sufficient economic work to declare maiden Ore Reserves in Q1 2027.

Green Bay (Ming Mine) Mineral Resource Growth

Mineral Resource growth in the coming months will be driven by testing lateral and down plunge extensions of the high-grade VMS channels parallel to the Ming North lode.

An updated MRE, incorporating drilling completed since the August 2026 MRE, is planned in Q1 2027 and will underpin the Feasibility Study.

Economic Studies

The PEA on the upscaled resumption of copper and gold production at Green Bay was delivered on 25 August 2026. Two scenarios were presented, being a 1.8Mtpa (4,800tpd) case and a 4.6Mtpa (12,500tpd) case. Both cases delivered outstanding economics, with the 1.8Mtpa base case showing an NPV_7% greater than $A2.0B, an IRR exceeding 40% and payback less than 2 years (see ASX announcement dated 25 August 2026 for details).

Detailed engineering and costing work is underway to deliver a Feasibility Study on the base case towards the end of Q1 2027.

Project Development

Following the release of the PEA and subsequent capital raising, the Company has accelerated early works and project development. The Province of Newfoundland and Labrador has approved selective pre-construction early works. Work underway includes selective clearing and emplacement of a construction camp. Upgrades to the electrical systems and waste water treatment plant are in progress. Select long-lead time items will be ordered before the end of the year to ensure that the Company can meet timelines to first production. FireFly aims to commence formal construction around July 2027, subject to FID by the Board.

Project Financing 

FireFly has appointed BurnVoir Corporate Finance Limited as its project debt advisor and is currently undertaking a process to assess various project finance options, including potential offtake prepayment options.

Regional & Generative Exploration

Recent activity has focused on testing the many targets generated from regional geophysics and geochemical prospecting completed throughout 2025 and 2026. The results in this announcement demonstrate the potential for future regional exploration discoveries.

Drilling has been conducted on both regional greenfields targets and brownfields targets around previous operations (Main Mine), with results pending from the Tilt Cove and Nash prospects.

A maiden MRE at the Main Mine is anticipated in Q1 2027.

Three surface drill rigs will continue for the remainder of 2026.

Balance Sheet and Funding Position

FireFly is well-funded to execute its growth drilling program, economic studies and pre-construction early works activities. As at 31 July 2026, the Company has approximately A$368 million in cash and liquid investments on an unaudited basis.

Figure 3: Forward work plan for the Green Bay project. Please note that all timeframes are indicative and subject to change.

This announcement has been approved for release by the Board of Directors.

Contact Information

Steve Parsons Managing Director FireFly Metals Ltd +61 8 9220 9030

Jessie Liu-Ernsting Chief Development Officer FireFly Metals Ltd +1 416 572 2028

Paul Armstrong Media Contact Read Corporate +61 8 9388 1474

Figure 4. Mount Joy discovery location and regional geology, showing the Nugget Pond processing facility and the prospective volcanic sequence within the Tilt Cove–Betts Cove district.

Figure 5: Cross section showing mineralisation at Mount Joy. The mineralisation is offset by an interpreted fault logged in both holes FFR26-071 and FFR26-076. Assays are pending for hole FFR26-076.

ABOUT FIREFLY METALS

FireFly Metals Ltd (ASX, TSX: FFM) is an emerging copper-gold company focused on growing the high-grade Green Bay Copper-Gold Project in Newfoundland, Canada. The project is advancing towards development, with a Preliminary Economic Assessment showing the potential for a high-grade, low-cost and long-life operation with a pathway to produce 100kt of copper per annum.

The Green Bay Copper-Gold Project is underpinned by 60.2Mt of Measured and Indicated Mineral Resources at 2.43% for 1,464Kt copper equivalent (CuEq) and 23.5Mt of Inferred Mineral Resources at 2.51% for 592Kt CuEq, prepared and disclosed in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code (2012 Edition)) and Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101).

The Company has a clear strategy to continue growing the Green Bay Copper-Gold Project through resource expansion, new discoveries and advancement towards development.

Further information regarding FireFly Metals Ltd is available on the ASX platform (ASX: FFM), the Company’s website www.fireflymetals.com.au or SEDAR+ www.sedarplus.ca.

COMPLIANCE STATEMENTS

Mineral Resource Estimate – Green Bay Copper-Gold Project
The Mineral Resource Estimate for the Green Bay Copper-Gold Project referred to in this announcement and set out in Appendix A was first reported in the Company’s ASX announcement dated 25 August 2026, titled ‘Preliminary Economic Assessment and Mineral Resource Update’ and is also set out in the Technical Report titled ‘Green Bay Ming Mine Copper-Gold Project – NI 43-101 Technical Report & Preliminary Economic Assessment – Newfoundland and Labrador, Canada’ with an issue date of 22 September 2026 and an effective date of 14 August 2026, available on SEDAR+ at www.sedarplus.ca.

Mineral Resource Estimate – Little Deer
The Mineral Resource Estimate for Little Deer referred to in this announcement was first reported in the Company’s ASX announcement dated 29 October 2024, titled ‘Resource Increases 42% to 1.2Mt of contained metal at 2% Copper Eq’ and is also set out in the Technical Report for the Little Deer Copper Project, titled ‘Technical Report and Updated Mineral Resource Estimate of the Little Deer Complex Copper Deposits, Newfoundland, Canada’ with an effective date of 26 June 2024, available on SEDAR+ at www.sedarplus.ca.

Metal Equivalents for Mineral Resource Estimates
Metal equivalents for the Mineral Resource Estimates have been calculated at a copper price of US$10,626/t, gold price of US$3,587/oz and silver price of US$50.22/oz. Individual Mineral Resource grades for the metals are set out in Appendix A of this announcement.

Metallurgical factors have been applied to the metal equivalent calculation. Copper recovery used was 95%. Historical production at the Ming Mine has a documented copper recovery of ~96%. Precious metal (gold and silver) metallurgical recovery was assumed at 85% based on historical recoveries achieved at the Ming Mine in addition to historical metallurgical test work to increase precious metal recoveries.

In the opinion of the Company, all elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold based on current market conditions, metallurgical test work, the Company’s operational experience and, where relevant, historical performance achieved at the Green Bay project whilst in operation.

Copper equivalents for the Mineral Resource Estimates were calculated based on the formula:

CuEq(%) = Cu(%) + (Au(g/t) x 0.97106) + (Ag(g/t) x 0.01360).

Metal Equivalents for Exploration Results
Metal equivalents for Exploration Results announced in this announcement have been calculated at a copper price of US$11,000/t, gold price of US$3,600/oz, silver price of US$35/oz and zinc price of US$2,700/t. These prices are the CITI consensus long term metal prices as at 28 September 2026. Individual grades for the metals are set out in Appendix B of this announcement.

Metallurgical factors have been applied to the metal equivalent calculation. Copper recovery used was 95%. Historical production at the Ming Mine has a documented copper recovery of ~96%. Precious metal (gold and silver) metallurgical recovery was assumed at 85% based on historical recoveries achieved at the Ming Mine in addition to metallurgical test work to increase recoveries completed by FireFly. Zinc recovery is applied at 50% based on historical processing and potential upgrades to the mineral processing facility.

In the opinion of the Company, all elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold based on current market conditions, metallurgical test work, the Company’s operational experience and, where relevant, historical performance achieved at the Green Bay project whilst in operation.

Copper equivalents for the Exploration Results were calculated based on the formula:

CuEq(%) = Cu(%) + (Au(g/t) x 0.94145) + (Ag(g/t) x 0.00915) + (Zn(%) x 0.12919)

Exploration Results
Previously reported exploration results referred to in this announcement were first reported by the Company in accordance with ASX Listing Rule 5.7 in the ASX announcements cross-referenced in this announcement.

Production Targets
The production targets referred to in this announcement were first reported by the Company on 25 August 2026. Firefly confirms that all material assumptions underpinning the production target and forecast financial information continue to apply and have not materially changed.

Original Announcements
FireFly confirms that it is not aware of any new information or data that materially affects the information included in the original announcements referred to or cross-referenced in this announcement and that, in the case of Mineral Resource Estimates, all material assumptions and technical parameters underpinning the estimates in the original announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ and Qualified Persons’ findings are presented have not been materially modified from the original market announcements.

Mineral Resource Estimates and Exploration Results
Mineral Resource Estimates and Exploration Results are calculated in accordance with the JORC Code (2012 Edition) and NI 43-101.

Competent and Qualified Person Statements
The information in this announcement that relates to new Exploration Results is based on and fairly represents information compiled by Mr Darren Cooke, a Competent Person who is a member of the Australian Institute of Geoscientists. Mr Cooke is a full-time employee of, and holds securities in, the Company. Mr Cooke has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code (2012 Edition). Mr Cooke has reviewed this announcement and consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear.

All technical and scientific information in this announcement has been reviewed and approved by Group Chief Geologist, Mr Juan Gutierrez BSc, Geology (Masters), Geostatistics (Postgraduate Diploma), who is a Member and Chartered Professional of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Gutierrez is a Competent Person as defined in the JORC Code (2012 Edition) and a Qualified Person as defined in NI 43-101. Mr Gutierrez is a full-time employee of, and holds securities in, the Company. Mr Gutierrez has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code (2012 Edition) and a Qualified Person as defined in NI 43-101. Mr Gutierrez has reviewed this announcement and consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear.

FORWARD-LOOKING INFORMATION

This announcement may contain certain forward-looking statements and projections, including statements regarding FireFly’s plans, forecasts and projections with respect to its mineral properties and programs, estimated Mineral Resources, cost projections, plans, strategies and objectives, anticipated production or construction commencement dates, capital costs, production outputs, and anticipated or estimated financial results, including the Preliminary Economic Assessment results, production target, mine life, net present value, internal rate of return, payback period, cash costs, free cash flow and capital cost estimates. Forward-looking statements may be identified by the use of words such as ‘may’, ‘might’, ‘could’, ‘would’, ‘will’, ‘expect’, ‘intend’, ‘believe’, ‘forecast’, ‘milestone’, ‘objective’, ‘predict’, ‘plan’, ‘scheduled’, ‘estimate’, ‘anticipate’, ‘continue’, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives.

Although the forward-looking statements contained in this announcement reflect management’s current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, such forward-looking statements and projections are estimates only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may include changes in commodity prices, foreign exchange fluctuations, economic, social and political conditions, and changes to applicable regulation, and those risks outlined in the Company’s public disclosures.

The forward-looking statements and projections are inherently uncertain and involve known and unknown risks and uncertainties. Forward-looking statements, and anticipated future results, performance or achievements expressed or implied by such Forward-looking statements, may therefore differ materially from results ultimately achieved. For example, there can be no assurance that FireFly will be able to confirm the presence of Mineral Resources or Ore Reserves, that FireFly’s plans for development of its mineral properties will proceed, that any mineralisation will prove to be economic, or that a mine will be successfully developed on any of FireFly’s mineral properties. The performance of FireFly may be influenced by a number of factors which are outside of the control of the Company, its directors, officers, employees and contractors. The Company does not make any representations and provides no warranties concerning the accuracy of any forward-looking statements or projections, and disclaims any obligation to update or revise any forward-looking statements or projections based on new information, future events or circumstances or otherwise, except to the extent required by applicable laws.

APPENDIX A

Green Bay Copper-Gold Project Mineral Resources

Ming Deposit Mineral Resource Estimate

MING DEPOSIT	TONNES	COPPER		GOLD		SILVER		CuEq
	(Mt)	Grade	Metal	Grade	Metal	Grade	Metal	Grade
		(%)	(‘000 t)	(g/t)	(‘000 oz)	(g/t)	(‘000 oz)	(%)
Measured	3.5	1.5	52	0.2	20	1.3	147	1.67
Indicated	53.8	1.9	1,041	0.5	878	4.5	7,707	2.49
TOTAL M&I	57.3	1.9	1,093	0.5	899	4.3	7,853	2.44
Inferred	17.3	2.0	344	0.7	404	6.3	3,522	2.77

Little Deer Mineral Resource Estimate

LITTLE DEER	TONNES	COPPER		GOLD		SILVER		CuEq
	(Mt)	Grade	Metal	Grade	Metal	Grade	Metal	Grade
		(%)	(‘000 t)	(g/t)	(‘000 oz)	(g/t)	(‘000 oz)	(%)
Measured	–	–	–	–	–	–	–	–
Indicated	2.9	2.1	62	0.1	9	3.4	320	2.3
TOTAL M&I	2.9	2.1	62	0.1	9	3.4	320	2.3
Inferred	6.2	1.8	110	0.1	10	2.2	430	1.8

GREEN BAY TOTAL MINERAL RESOURCE ESTIMATE

GREEN BAY	TONNES	COPPER		GOLD		SILVER		CuEq
TOTAL MRE	(Mt)	Grade	Metal	Grade	Metal	Grade	Metal	Grade
		(%)	(‘000 t)	(g/t)	(‘000 oz)	(g/t)	(‘000 oz)	(%)
Measured	3.5	1.5	52	0.2	20	1.3	147	1.67
Indicated	56.7	1.9	1,103	0.5	887	4.4	8,027	2.48
TOTAL M&I	60.2	1.9	1,155	0.5	908	4.2	8,173	2.43
Inferred	23.5	1.9	454	0.6	414	5.2	3,952	2.51

1. FireFly Metals Ltd Mineral Resource Estimates for the Green Bay Copper-Gold Project, incorporating the Ming Deposit and Little Deer Complex, are prepared and reported in accordance with the JORC Code (2012 Edition) and NI 43-101.
2. Mineral Resources have been reported at a 1.0% copper cut-off grade.
3. Metal equivalents for the Mineral Resource Estimates have been calculated at a copper price of US$10,626/t, gold price of US$3,587/oz and silver price of US$50.22/oz. Metallurgical recoveries have been set at 95% for copper and 85% for both gold and silver. These assumptions are made on the basis of historical production at the Ming Mine and additional metallurgical test work. Copper equivalent was calculated based on the formula: CuEq(%) = Cu(%) + (Au(g/t) x 0.97106) + (Ag(g/t) x 0.01360).
4. Totals may vary due to rounding.

APPENDIX B – Significant Intersection Table

Collar co-ordinates and orientation are listed in the UTM grid, NAD83 Zone 21. Significant intersections reported are those above a 0.5% copper cut-off or 0.5g/t gold and contain a maximum of 6 metres of internal waste. Please refer to the Compliance Statements for further details on parameters used in the copper equivalent calculation. All results are approximate true thickness.

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Drilled Length		From	To	Width	Assay				CuEq
						(m)		(m)	(m)	(m)	Cu %	Au g/t	Ag g/t	Zn %	%
FFR26-064	587303.5	5519669.9	90.1	216	-52	302		15.55	22.00	6.5	0.8	1.2	2.7	0.57	2.0
							inc.	15.55	20.00	4.5	1.1	1.4	3.6	0.75	2.6
								75.95	77.15	1.2	0.4	0.7	1.1	0.05	1.1
FFR26-065	587412.0	5519654.3	114.6	214	-51	294		Assays Pending
FFR26-067	587101.8	5520100.2	134.1	230	-47	143		Assays Pending
FFR26-069	587560.5	5520828.1	129.5	345	-67	189		Assays Pending
FFR26-071	587388.8	5519583.0	112.6	280	-45	295		109.00	131.50	22.5	1.9	0.6	1.8	0.38	2.5
							Inc.	112.00	121.00	9.0	2.9	1.0	3.1	0.35	3.9
								155.00	156.50	1.5	1.0	0.1	0.1	0.03	1.1
FFR26-074	587418.0	5519644.0	117.5	274	-52	221		Assays Pending
FFR26-076	587419.0	5519643.0	117.5	249	-52	480		Assays Pending

Visual Sulphide Estimate – Hole FFR26-076

Estimated sulphide from geological logging of diamond drill core.

Hole ID	From (m)	To (m)	Lithology	Total Sulphide %
FFR26_076	230.85	239.9	Pyrite-rich basalt	10
FFR26_076	239.9	242.45	Pyrite-rich basalt	10
FFR26_076	242.45	246.1	Massive sulphide	80
FFR26_076	246.1	254.9	Pyrite-rich basalt	10
FFR26_076	254.9	255.55	Massive sulphide	90
FFR26_076	255.55	274.85	Semi-massive sulphide	15
FFR26_076	274.85	275.3	Massive sulphide	100
FFR26_076	275.3	285.65	Pyrite-rich basalt	15

Cautionary statement on visual estimates: References in this announcement to visual estimates of sulphide mineralisation abundance should not be considered a proxy or substitute for laboratory analyses. Laboratory assays are required to determine the widths and grades of the visible mineralisation reported from preliminary geological logging. Visual estimates of mineral abundance also provide no information regarding impurities or deleterious physical properties relevant to valuations. While the Company makes every effort to identify mineralisation accurately, the identification of mineralisation by visual means is inherently uncertain, and there is a risk that the mineralisation identified may be incorrectly identified, including as to its type, extent or presence altogether. The Company expects to receive the laboratory analytical results of sampling in 4 weeks.

APPENDIX C – JORC CODE, 2012 EDITION

Table 1

Section 1 – Sampling Techniques and Data (Criteria in this section apply to all succeeding sections).

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	Sampling is by diamond drilling (DD) completed by FireFly. A total of 7 drill holes for 1,923 m at depths from 143 to 480 m are reported. DD sample intervals are based on geological observations. All the core is sampled in 1m intervals with some smaller samples down to minimum core length of 0.3m to accommodate geological and mineralisation contacts. Half NQ diamond drill core was submitted for analysis. The following is a summary of the core sampling procedure: All sample collection, core logging, and specific gravity determinations were completed by FireFly under the supervision of a professionally qualified registered geologist. NQ core was marked for splitting during logging and is sawn using a diamond core saw with a mounted jig to assure the core is cut lengthwise into equal halves. Half of the cut core is placed in clean individual plastic bags with the appropriate sample tag. QA/QC samples are inserted into the sample stream at prescribed intervals. The samples are then placed in rice bags for shipment to the offsite laboratory’s facility. The remaining half of the core is retained and incorporated into FireFly’s secure core library located on the property. FireFly drill analysis was completed at ISO-certified Eastern Analytical laboratories and AGAT Laboratories. The samples are dried, crushed, and pulverised. Samples are crushed to approximately 80% passing – 10 mesh and split using a riffle splitter to approximately 250 g. A ring mill is used to pulverize the sample split to 95% passing – 150 mesh. Sample pulps and rejects are picked up at Eastern by FireFly staff and returned directly to the Project site. Sample rejects are securely stored at the FireFly site. Sample pulps and rejects at AGAT are currently stored at the lab facility.
Drilling techniques	Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	FireFly diamond drilling exclusively NQ (47.8 mm diameter) size with core oriented by REFLEX ACT III core orientation tool.
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	All care is taken to ensure the full recovery of the core, yet certain drilling conditions, such as broken ground, can impede 100% recovery. There is no known relationship between sample recovery and grade. FireFly core recovery averages >95%. FireFly does not believe that sample bias has occurred due to preferential loss/gain of fine/coarse material.
Logging	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. The total length and percentage of the relevant intersections logged.	The following steps are completed during the core logging procedure: Sample security and chain of custody start with the removal of core from the core tube and boxing of drill core at the drill site. The boxed core remains under the custody of the drill contractor until it is transported from the drill to the secure onsite core facility. Core boxes are opened and inspected to ensure correct boxing and labelling of the core by the drill contractor. The core is meter marked, cleaned and oriented with the orientation line drawn using the marks form REFLEX ACT III core orientation tool. The drill core is geologically logged, photographed, and then marked and tagged for sampling and splitting. Core logging describes variations in lithology, alteration, and mineralisation. Data associated with core logging and related assay results and other downhole information including orientation surveys are recorded in the AcQuire database system. Measured parameters include structural orientation with respect to core axis, lost core as a percentage of recovered length, and fracture density which are determined by the intensity and thickness of mineralisation at specific intervals. Each core sample is assigned a tag with a unique identifying number. Sample lengths are typically one meter but can be smaller depending on zone mineralogy and boundaries. Sample core that is not mineralised is marked in 1.0-meter lengths. Wing samples are marked at 0.5 meters and sampled at the extremities of mineralised intervals to ensure anomalous grades do not continue into the surrounding wall rock. 100% of the core is logged.
Sub-sampling techniques and sample preparation	If core, whether cut or sawn and whether quarter, half or all core taken. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled.	FireFly drilling is NQ. For NQ diameter the core was sawn in half following a sample cutting line determined by geologists during logging and submitted for analysis on nominal 1m intervals or defined by geological boundaries determined by the logging geologist. Samples are dried at approximately 60°C, crushed and pulverized. Samples are crushed in a Rhino jaw crusher to approximately 75-80% -10mesh, and split using a riffle splitter to approximately 250g. The remainder of the sample is bagged, labelled and stored as coarse reject. A ring mill is used to pulverize the sample split to 95% passing – 150 mesh. Sample pulps are picked up at Eastern Analytical by FireFly staff and returned directly to the Project site. Sample pulps and rejects at AGAT are currently stored at the lab facility. For pre-FireFly samples, sample preparation, analytical procedures and QA/QC used on the property were assumed that sampling practices meet industry standards and display acceptable levels of accuracy and precision at the time. All core sampled in the prospective intervals when required wing samples are marked from 0.5 meters up to 5m and sampled at the extremities of mineralised intervals to ensure anomalous grades do not continue into the surrounding wall rock. No purpose lab audit has been completed. FireFly personnel have visited the Eastern Analytical and AGAT Laboratories facilities on several occasions and observed that lab practices and equipment overall cleanliness meet industry standards. Field duplicates were completed using ¼ core and inserted into the sample series at a rate of 2% of samples. Analysis results were acceptable considering the style of mineralisation being heterogeneous with stockwork stringers of chalcopyrite. Sample sizes are considered appropriate to the grain size of the material being sampled.
Quality of assay data and laboratory tests	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	All FireFly results reported in this announcement were analysed by Eastern Analytical in Springdale, NL and AGAT Laboratories in Thunder Bay, ON. 34 elements were determined by Inductively Coupled Plasma (ICP). A 200mg subsample is totally dissolved in four acids and analysed by ICP-OES. Ore grade elements, Cu, Zn, Pb, Fe and Ag are dissolved via 3 acid digestion and analysed by atomic adsorption (AA) at Eastern Analytical and by ICP-OES at AGAT. Gold assays were determined by fire assay with atomic adsorption finish. As part of the QA/QC program duplicate, blank and Certified Reference Material (CRM) samples are inserted alternately. Blanks are inserted one every 50 samples. CRMs are inserted every 20 samples. Field duplicates are taken approximately one every 40 samples. Blanks and CRMs are also randomly inserted in zones of suspected high grades. The minimum insertion rate for CRMs is 5%, which FireFly adheres to. In addition to the Company QAQC samples (described earlier) included within the batch the laboratory included its own CRMs (Certified Reference Materials), blanks and duplicates. Sample assay results continue to be evaluated through control charts, log sheets, sample logbook and signed assay certificates to determine the nature of any anomalies or failures and failures were re-assayed at the laboratory.
Verification of sampling and assaying	The verification of significant intersections by either independent or alternative company personnel. The use of twinned holes. Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. Discuss any adjustment to assay data.	FireFly routinely sends sample pulps for independent umpire lab check to SGS laboratory in Burnaby. Results correlate very well with Eastern Analytical and AGAT results. There are no purpose twinned holes in the dataset. FireFly logging data, assay certificates and other relevant information are stored in an AcQuire database and on a site server. FireFly has not adjusted assay data and is not aware of any adjustments made by other historic companies.
Location of data points	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. Specification of the grid system used. Quality and adequacy of topographic control.	Drill collars were surveyed by the FireFly geology crew upon completion of the drill holes. The set-ups for the surface drill collars were marked by the FireFly geology crew, and the drilling contractor was expected to set up properly online. A FireFly geologist checked the drill set-up during the drilling program to ensure accuracy. Downhole surveys are completed using a Reflex Sprint IQ gyro multi-shot instrument to provide azimuth and dip reading down the hole. The Reflex Sprint IQ gyro instrument is calibrated at least once a year to ensure accuracy of results. Previous drilling has been set-out and picked up in both national and local grids using a combination of GPS and Survey instruments and are assumed to be to industry standards. Field rock sample locations were picked up using handheld GPS instruments with +/- 6m accuracy. Collar coordinates are recorded in UTM grid (NAD83 Zone 21). Topographic control is from Digital Elevation Contours (DEM) 2024 and site surveyed DGPS pickups, which is considered adequate.
Data spacing and distribution	Data spacing for reporting of Exploration Results. Whether the data spacing, and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. Whether sample compositing has been applied.	Spacing for the exploration data reported in this announcement is variable. Some of the results are infill drilling, and intersections are typically less than 90m from another drill hole. Most of the drill holes are exploration holes testing geology or mineralization potential. The data spacing and distribution is considered sufficient to establish geological and/or grade continuity. The data can be incorporated into future Mineral Resource updates. Appropriate Mineral Resource classifications will be applied at that time. Core is sampled to geology contacts; sample compositing is not applied until the estimation stage.
Orientation of data in relation to geological structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	Surface drill hole orientation for FireFly holes reported in this announcement was sub-perpendicular to the mineralisation. Mineralised intersections are approximate true width. Historically this has been variable in places where low angle drilling to the mineralisation has been completed in zones without suitable drilling platforms. No material sampling bias is considered to have been introduced by the relationship between the drilling orientation and the orientation of key mineralised structures.
Sample security	The measures taken to ensure sample security.	Core was placed in wooden core boxes close to the drill rig by the drilling contractor. The core was collected daily by the drilling contractor and delivered to the secure core logging facility on the Ming Mine site. Access to the core logging facility is limited to FireFly employees or designates.
Audits or reviews	The results of any audits or reviews of sampling techniques and data.	Regular reviews of DD sampling techniques are completed by Senior Geologists and Resource Geologists and conclude that sampling techniques are satisfactory and industry standard. All recent FireFly sample data has been extensively QAQC reviewed internally and externally.

Section 2 – Reporting of Exploration Results (Criteria in this section apply to all succeeding sections)

Criteria	JORC Code explanation	Commentary
Mineral tenement and land tenure status	Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. The security of the tenure held at the time of reporting along with any known impediments to obtaining a license to operate in the area.	The Tilt Cove Project area comprises 41 map-staked mineral licences registered to FireFly Metals Canada Ltd., Tilt Cove Ltd., and 1470199 B.C. Ltd., wholly owned subsidiaries of FireFly Metals Ltd. (013054M, 013055M, 014109M, 014111M, 019122M, 019158M, 020510M, 022576M, 022791M, 022796M, 024119M, 024535M, 025051M, 025291M, 025437M, 025558M, 025832M, 025838M, 025853M, 026202M, 026379M, 026404M, 026540M, 026680M, 026729M, 026730M, 026950M, 026992M, 027285M, 027398M, 031602M, 031816M, 032148M, 032906M, 034851M, 034854M, 035078M, 035079M, 035080M, 035081M, 037157M). Mineral licences 013054M, 014111M, and 037157M were covered by diamond drilling. All mineral lands are contiguous. One mining lease (140ML), registered to FireFly Metals Canada Limited, hosts the Nugget Pond Mill. All lands are in good standing with the Provincial Government, and FireFly is up to date with lease payments and required exploration expenditure.
Exploration done by other parties	Acknowledgment and appraisal of exploration by other parties.	Tilt Cove Project 1857: Tilt Cove massive sulphide discovery. 1864–1917: Continuous mining at Tilt Cove Mine. 1875–1886: Continuous mining at Betts Cove. 1931: Government mapping. 1946: 3,657.6 m of diamond drilling. 1948: Government mapping. 1951: Government mapping and 4,877 m of diamond drilling. 1954–1967: Rehabilitation of old workings and mining at Tilt Cove Mine. 1955: 2,056 m of diamond drilling. 1958: Government mapping. 1975: Airborne electromagnetic survey. 1980–1983: Geological mapping, soil and rock sampling, ground magnetic, VLF-EM and pulse-EM surveys, and 850 m of diamond drilling. 1983: Government compilation of the Baie Verte Peninsula and lake- and stream-sediment sampling. 1985–1989: Basal-till and geological mapping, trenching, rock, till and soil sampling, ground magnetometer, VLF-EM and IP surveys, and multiple drill programs comprising 5 holes, 6 holes, 1,500 m, 2,306 m, 21,769 m and 28 m of diamond drilling, plus 172.8 m of winkie holes. 1990–1994: Prospecting, rock and soil sampling, magnetic, VLF and IP surveys, resampling historic holes, 2,109 m of diamond drilling and 43.3 m of auger testing of the Tilt Cove stockpile. 1995–2001: Prospecting, geological mapping, trenching, rock, channel and soil sampling, ground magnetic, IP and transient-EM surveys, BHEM, and 13,050 m of diamond drilling. 1995–1996: High-sensitivity helicopter-borne EM and magnetic survey. 1996: Start of Nugget Pond Mine. 1996–2001: Continuous mining at Nugget Pond Mine. 2003–2005: Prospecting, data compilation, relogging historic core and 2,583 m of diamond drilling. 2006–2008: Prospecting, digital compilation, resampling historic core, ground IP, airborne VTEM and magnetics, and 4,378 m of diamond drilling. 2007: Government high-resolution airborne magnetics. 2011: A portion of the Tilt Cove Mine stockpile was processed. 2012: Prospecting and rock sampling. 2017–2019: Data compilation. 2018: Soil sampling. 2019: Prospecting, rock and soil sampling, and LiDAR imaging of the property.
Geology	Deposit type, geological setting and style of mineralisation.	Tilt Cove Project The Tilt Cove Project hosts orogenic gold and volcanogenic massive sulphide mineralisation within the Betts Cove Complex, a Cambrian to Early Ordovician ophiolite complex and volcanic sequence comprising the Betts Cove Ophiolite and its volcanic and sedimentary cover sequence, the Snooks Arm Group. The sequence is in thrust contact with Silurian felsic volcanic rocks of the Cape St. John Group to the north and is intruded on the northwest by the Silurian Cape Brule Porphyry and Ordovician Burlington Granodiorite. The Betts Cove Complex is geologically equivalent to rocks underlying Anaconda’s Point Rousse Project. Nugget Pond Mine produced 168,748 oz of gold at an average grade of approximately 9.85 g/t between 1997 and 2001. The deposit is hosted along the Nugget Pond Horizon, an iron formation with nearly 20 km of strike, and has similarities to other Canadian banded-iron-formation-hosted lode-gold deposits. Tilt Cove Mine was discovered in 1857 and produced 8,160,000 tonnes of ore grading 1.25% to 12% copper and 42,425 oz of gold between 1864 and 1917 and again between 1957 and 1967. Gold is typically associated with copper mineralisation, and several historic copper deposits require follow-up testing for gold potential. Betts Cove Mine was discovered in the early 1860s. Between 1875 and 1886, approximately 130,000 tons of handpicked ore grading about 10% copper and 2,450 tons of pyrite were mined. Surface-stockpile sampling returned values up to 9.99 g/t gold, 18.3% copper and 1.7% zinc. No gold was recovered from the ore body.
Drill hole Information	A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: easting and northing of the drill hole collar elevation or RL (Reduced Level – elevation above sea level in meters) of the drill hole collar dip and azimuth of the hole down hole length and interception depth hole length. If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.	Refer to Appendix B in this announcement
Data aggregation methods	In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. The assumptions used for any reporting of metal equivalent values should be clearly stated.	All drill hole intersections are reported above a lower cut-off grade of 0.5% copper or 0.5g/t gold. A maximum of 6m of internal waste was allowed. For samples of varying lengths, a length-weighted average is applied for the reported intersection. The formula is (Sum(Cu grade % x sample length)/Total Interval Width). The weighted average of the intersection must exceed the cut-off grades stated above. Minimum sampling interval of 0.5m is enforced. Geological contacts are enforced in sampling and frequently provide boundaries for intersections due to grade associated with varying lithotypes. Maximum internal dilution of 6m below the cut-off grade is incorporated into the reported intersections, stopping smearing of narrow high grades over broad distances. Consideration is also given to potential minimum mining widths as part of the test for prospects of eventual economic extraction. An example of the calculation is from hole MUG24_060, from 191.7m: Sample 1: Length – 0.5m; Grade – 1.8% Cu Sample 2: Length – 0.75m; Grade – 0.08% Cu Sample 3 Length – 1.05m; Grade – 2.02% Cu Sample 4: Length – 1.05m; Grade – 2.42% Cu Sum of Lengths / Intersection width – 3.35m Intersection grade is: ((0.5×1.8) + (0.75×0.08) + (1.05×2.02) + (1.05×2.42))/3.35 = 1.68% The competent person would include the 0.75m @ 0.08% Cu in the intersection because in a mining scenario, it is unlikely that this internal dilution could be separated. Metal equivalents for the drilling at the Green Bay Project have been calculated at a copper price of US$11,000/t, gold price of US$3,600/oz, silver price of US$35/oz and zinc price of $2,700/t. Individual grades for the metals are set out in Appendix B of this announcement. The following metallurgical recovery factors have been applied to the calculation of metal equivalents: Copper: 95% Gold/Silver: 85% Zinc: 50% Recovery factors applied are based on historical processing of Ming ore at Nugget Pond and future processing plant configurations based on historical metallurgical test work. It is the Company’s view that all elements in the copper equivalent calculation have a reasonable potential to be recovered and sold. Copper equivalent was calculated based on the formula CuEq(%) = Cu(%) + (Au(g/t) x 0.94145) + (Ag(g/t) x 0.00915) + (Zn(%) x 0.12919)
Relationship between mineralisation widths and intercept lengths	These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).	All intersections reported in the body of this announcement are down hole. The drill holes are drilled as close to orthogonal to the plane of the mineralized lodes as possible. However more information is needed to properly assess true thickness. All drill holes are drilled near perpendicular to the interpreted orientation of mineralization.
Diagrams	Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	Maps and sections are included in the body of this announcement as deemed appropriate by the competent person. Plan view of drill holes reported in this announcement is presented following this table.
Balanced reporting	Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	All significant assays (above a 0.5% copper or 0.5g/t gold cut-off and containing a maximum of 6m of internal waste) received from the current drill program have been reported in Appendix B.
Other substantive exploration data	Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	Appropriate plans are included in the body of this announcement. Downhole Electromagnetics (DHEM) surveys were completed by Eastern Geophysics Ltd. and the results were modeled by Southern Geoscience Consultants. At Mt. Joy, a surface transmitter loop size of ~ 300 x 300 m was used. Airborne electromagnetic (VTEM) and magnetic surveys were completed by Geotech Ltd. See ASX announcement dated 24 July 2025 for further technical details on the VTEM surveys.
Further work	The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	FireFly will be conducting additional drill testing at Mt. Joy to determine the size and mineral potential of the area. Diagrams in the main body of this announcement show areas of possible mineralization.

Plan view of drilling in this announcement

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¹ Metal equivalent for drilling results reported in this announcement have been calculated at a copper price of US$11,000/t, gold price of US$3,600/oz, silver price of US$35/oz and zinc price of US$2,700/t. Metallurgical recoveries have been set at 95% for copper, 85% for precious metals (gold and silver) and 50% for zinc. CuEq(%) = Cu(%) + (Au(g/t) x 0.94145) + (Ag(g/t) x 0.00915) + (Zn(%) x 0.12919). In the opinion of the Company, all elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold based on current market conditions, metallurgical test work, the Company’s operational experience and, where relevant, historical performance achieved at the Green Bay project whilst in operation.
² Pro-forma cash position comprises cash and liquid investments (unaudited) of ~A$183 million as at 31 July 2026, plus gross proceeds of ~A$180 million (before transaction costs) from the Equity Raising as announced on 25 August 2026 and ~A$5 million (before transaction costs) from the Share Purchase Plan as announced on 29 September 2026.
³ References in this announcement to visual estimates of sulphide mineralisation abundance should not be considered a proxy or substitute for laboratory analyses. Laboratory assays are required to determine the widths and grades of the visible mineralisation reported from preliminary geological logging. Visual estimates of mineral abundance also provide no information regarding impurities or deleterious physical properties relevant to valuations. While the Company makes every effort to identify mineralisation accurately, the identification of mineralisation by visual means is inherently uncertain, and there is a risk that the mineralisation identified may be incorrectly identified, including as to its type, extent or presence altogether. The Company expects to receive the laboratory analytical results of sampling in 4 weeks.
⁴ For further details on Tilt Cover refer to the Company’s ASX announcement dated 4 November 2024 titled ‘FireFly positions for major step-up in regional exploration with purchase of adjacent copper-gold project’
⁵ Pro-forma cash position comprises cash and liquid investments (unaudited) of ~A$183 million as at 31 July 2026, plus gross proceeds of ~A$180 million (before transaction costs) from the Equity Raising as announced on 25 August 2026 and ~A$5 million (before transaction costs) from the Share Purchase Plan as announced on 29 September 2026.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/700d134c-415b-4995-9f06-d463604c7607

https://www.globenewswire.com/NewsRoom/AttachmentNg/4f21dd19-397c-4b70-8bb4-e14ab17fdf9d

https://www.globenewswire.com/NewsRoom/AttachmentNg/2278cb5b-c5e3-4604-8645-383d6d551e25

https://www.globenewswire.com/NewsRoom/AttachmentNg/f3884f0b-a28c-4c73-85da-83d53a4249b4

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