And 6.45 m of 667 g/t Silver, Including 3.19 m of 1,339 g/t Silver In Hole 412

And 9.00 m of 222 g/t Silver, Including 0.50 m of 1,605 g/t Silver In Hole 442

VANCOUVER, British Columbia, Oct. 06, 2026 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSX-V: BBB, OTCQX: BBBXF) (the “Company” or “Brixton”) is pleased to report silver results from 28 holes at its wholly owned Langis Silver Project, located in the historic silver mining camp of Cobalt, Ontario, Canada. These results come from several different areas of the project that the Company is actively exploring. So far in 2026, the Company has completed 39,937.55 m across 182 drill holes. The Company has added a third drill rig to the Langis program, targeting 9,000 metres per month. This accelerated drilling rate is needed to meet our near-term objective of establishing a maiden Mineral Resource Estimate (“MRE”) at Langis.

Highlights

  • In the Shaft 6 South East Area (S6-SE), hole LM-26-449 returned 23.50 m of 348 g/t silver from 203.00 m
    • Including 4.00 m of 1,975 g/t silver from 215.00 m
      • And including 2.00 m of 3,386 g/t silver from 215.50 m as native silver
  • In the Shaft 6 West Area (S6-W), hole LM-26-412 returned 6.45 m of 667 g/t silver from 124.65 m
    • Including 3.19 m of 1,339 g/t silver from 127.31 m, and 1.00 m of 3,570 g/t silver from 128.40 m
  • In the Shaft 6 East Area (S6-E), hole LM-26-433 returned 10.50 m of 85.7 g/t silver from 192.50 m
    • Including 2.35 m of 347 g/t silver from 196.25 m
  • In the Shaft 6 Area (S6), hole LM-26-442 returned 9.00 m of 222 g/t silver from 119.00 m
    • Including 0.50 m of 1,605 g/t silver from 124.35 m, and 1.20 m of 666 g/t silver from 126.80 m

Chairman and CEO, Gary R. Thompson, stated, “Drilling at Langis continues to shine, delivering more multi-kilogram silver intercepts. Our high-density drilling strategy is showing results. These holes come from several different areas of the project as we are actively looking to expand known mineralization across the project.”

Figure 1. Langis Silver Project location map of drilling area and mineral claims.

Figure 1_06Oct2026

Figure 2. Photograph of hole LM-26-449 at 215.73-216.00 m depth showing disseminated native silver and native silver veinlets.

Figure 2_06Oct2026

Figure 3. Photograph of hole LM-26-449 at 215.73-216.00 m depth and LM-26-412 at 129.10 m depth showing native silver veins-veinlets and disseminated native silver.

Figure 3_06Oct2026

Discussion

Shaft 6 South East (S6-SE)

New results from this recently discovered brownfield area (Table 1), with no mining works (see news release dated July 21, 2026), show mineralization extending to the south. Drilling to test the extension of this zone returned strong results in holes LM-26-421, LM-26-427 and LM-26-449, with hole LM-26-449 returning the main intercept of 23.50 m of 348.11 g/t silver from 203.00 m depth.

As observed in Figures 2 and 3, disseminated native silver accompanies the vein-hosted mineralization and native silver veinlets. Brixton interprets this as an upside to the traditional vein-focused exploration approach at Langis, as the disseminated silver appears to create broad shoulders of mineralization flanking the veins, which could significantly widen the mineralized envelopes.

Table 1. Selected assay intervals from drill holes in the Shaft 6 South East (S6-SE) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-419 140.00 142.00 2.00 54.80
LM-26-421 135.70 144.00 8.30 137.45
including 137.05 140.00 2.95 343.14
  150.45 150.95 0.50 140.00
  155.00 156.00 1.00 100.00
LM-26-427 179.00 185.00 6.00 95.55
including 182.00 182.50 0.50 987.00
LM-26-449 203.00 226.50 23.50 348.11
including 206.15 206.65 0.50 67.60
including 212.00 213.00 1.00 129.60
including 215.00 219.00 4.00 1,974.88
and including 215.50 217.50 2.00 3,386.25

No significant intercepts were returned from hole LM-26-425.
Note for all assay tables: All assay values are weighted averages. Reported intervals are drilling lengths, and the true widths of the mineralized intervals have not yet been determined. Reported intervals are length-weighted composites calculated at a 5 g/t Ag cut-off over contiguous samples, with limited internal dilution. A hole is reported as a significant intercept only where it contains a sub-interval exceeding 50 g/t Ag; otherwise, it is reported as no significant intercepts. Higher-grade “including” intervals reflect geological interpretation.

Shaft 6 East (S6-E)

Drilling in the Shaft 6 East (S6-E) area (Table 2) tested mineralization in this zone, with good results in holes LM-26-429 and LM-26-433; the latter returned 10.50 m of 85.74 g/t silver from 192.50 m depth. However, the Company has not yet established significant continuity of mineralization. While the mineralized intercepts warrant further exploration, the mineralization in S6-E is being intersected at greater depths, and the Company has therefore decided to move to shallower zones.

Table 2. Selected assay intervals from drill holes in the Shaft 6 East (S6-E) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-429 181.65 188.00 6.35 95.35
including 186.00 188.00 2.00 289.00
LM-26-431 227.70 228.25 0.55 240.00
LM-26-433 192.50 203.00 10.50 85.74
including 196.25 198.60 2.35 346.69
LM-26-441 210.00 217.20 7.20 11.55
including 214.50 215.00 0.50 61.40
  221.00 228.75 7.75 10.80
including 228.25 228.75 0.50 88.50
LM-26-443 206.50 207.50 1.00 43.75
including 207.00 207.50 0.50 77.70

No significant intercepts were returned from holes LM-26-437, LM-26-439 and LM-26-445.

Shaft 6 (S6)

In the Shaft 6 (S6) area (Table 3), drilling also continues to return good results around historic stopes, including holes LM-26-426, LM-26-428 and LM-26-442, with hole LM-26-442 returning the main intercept of 9.00 m of 221.91 g/t silver from 119.00 m depth.

Table 3. Selected assay intervals from drill holes in the Shaft 6 (S6) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-426 124.50 131.50 7.00 208.39
including 129.50 130.50 1.00 1,345.00
and including 130.00 130.50 0.50 2,200.00
LM-26-428 127.00 131.00 4.00 259.49
including 128.00 130.00 2.00 507.95
and including 129.00 129.50 0.50 1,090.00
  134.75 136.00 1.25 59.10
LM-26-435 132.00 137.00 5.00 41.91
including 132.00 133.00 1.00 102.00
LM-26-442 119.00 128.00 9.00 221.91
including 120.50 122.85 2.35 129.20
including 124.35 124.85 0.50 1,605.00
including 126.80 128.00 1.20 665.83
and including 126.80 127.50 0.70 1,055.00

No significant intercepts were returned from holes LM-26-430, LM-26-436, LM-26-438, LM-26-440, LM-26-444 and LM-26-446.

Shaft 6 West (S6-W)

Drilling in the Shaft 6 West (S6-W) area (Table 4) continues to confirm the good initial results reported in the news release dated September 2, 2026, with mineralization around the historic mine workings. Good results were returned in holes LM-26-412, LM-26-417, LM-26-420A and LM-26-424, with hole LM-26-412 returning the main intercept of 6.45 m of 666.95 g/t silver from 124.65 m depth.

Brixton is looking to potentially expand this mineralization at S6-W to demonstrate continuity, as the Company has been doing in the Shaft 6 South East (S6-SE) area.

Table 4. Selected assay intervals from drill holes in the Shaft 6 West (S6-W) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-412 124.65 131.10 6.45 666.95
including 127.31 130.50 3.19 1,339.39
and including 128.40 129.40 1.00 3,570.00
  135.10 145.42 10.32 102.64
including 137.50 138.00 0.50 584.00
including 141.50 143.00 1.50 441.67
LM-26-417 107.00 119.98 12.98 20.52
including 107.00 108.00 1.00 76.00
including 108.50 109.00 0.50 70.10
  122.00 129.21 7.21 137.53
including 122.00 123.00 1.00 427.00
including 126.00 128.21 2.21 239.60
  136.00 144.00 8.00 117.80
including 141.50 142.00 0.50 1,750.00
LM-26-420A 103.00 114.00 11.00 77.93
including 108.50 109.50 1.00 588.00
including 111.50 114.00 2.50 64.38
LM-26-424 121.50 136.25 14.75 46.48
including 123.50 125.00 1.50 368.33

No significant intercepts were returned from hole LM-26-422.

Figure 4. Plan Map of Langis showing the drill hole collars and traces reported in this news release, along with 2026 drill collars, historic and Brixton assay results projected to surface.

Figure 4_06Oct2026

Shaded areas show where individual drill core samples from previous drilling returned ≥30 g/t Ag, projected to surface (Figures 4 & 6) or onto the section plane (Figure 5). They are a visual aid only. They are not a geological model, a mineral resource or a mineral reserve, and they do not imply continuity of mineralization between drill holes.

Figure 5. Long section A to A’ looking north (trace as in Figure 4), showing the drill hole collars and traces reported in this news release, along with 2026 drill collars, historic and Brixton assay results projected to the long-section plane.

Figure 5_06Oct2026

Drill holes between 5,270,680 m N and 5,270,910 m N are projected onto a vertical west–east plane along 5,270,795 m N. Only the holes in this release are labelled and drawn with their lithology: Huronian conglomerate, Keewatin mafic volcanics and Nipissing diabase. Composites are plotted at the interval mid-point and coloured by silver grade. Shaded areas show samples ≥30 g/t Ag from previous drilling within the same window. No vertical exaggeration. Projection: points up to 115 m from the section line appear together, so intercepts that look close on the section may be separated in three dimensions. Composites and shading: same definitions and limitations as Figure 4. Reported intercepts are core lengths; true widths are not yet known.

Figure 6. Map showing drill results from the Langis Shaft 6 area, highlights from the 2026 campaign to date.

Figure 6_06Oct2026

Table 5. Drill hole collar information for reported holes.

Hole ID Pad ID Easting (m) Northing (m) Elevation (m) Azimuth Dip Depth (m) Zone
                 
LM-26-412 LM-2026-039 607210 5270820 212.0 300 -60 195.00 S6-W
LM-26-417 LM-2026-092 607230 5270820 212.9 305 -55 210.00 S6-W
LM-26-419 LM-2026-072 607550 5270728 216.9 85 -60 300.00 S6-SE
LM-26-420A LM-2026-092 607230 5270820 212.9 295 -55 189.00 S6-W
LM-26-421 LM-2026-087 607451 5270726 217.0 90 -55 258.00 S6-SE
LM-26-422 LM-2026-093 607210 5270840 212.7 305 -50 189.00 S6-W
LM-26-424 LM-2026-093 607210 5270840 212.7 300 -55 186.00 S6-W
LM-26-425 LM-2026-085 607429 5270760 217.0 90 -55 288.00 S6-SE
LM-26-426 LM-2026-101 607401 5270805 216.6 355 -62 198.00 S6
LM-26-427 LM-2026-085 607429 5270760 217.0 90 -48 300.00 S6-SE
LM-26-428 LM-2026-101 607401 5270805 216.6 3 -63 195.00 S6
LM-26-429 LM-2026-097 607624 5270839 220.8 85 -70 249.00 S6-E
LM-26-430 LM-2026-102 607433 5270886 218.8 230 -72 177.00 S6
LM-26-431 LM-2026-097 607624 5270839 220.8 90 -65 252.00 S6-E
LM-26-433 LM-2026-096 607618 5270819 219.9 85 -70 276.00 S6-E
LM-26-435 LM-2026-102 607433 5270886 218.8 230 -59 180.00 S6
LM-26-436 LM-2026-102 607433 5270886 218.8 230 -55 210.00 S6
LM-26-437 LM-2026-096 607618 5270819 219.9 85 -65 276.00 S6-E
LM-26-438 LM-2026-103 607432 5270895 218.8 230 -66 84.00 S6
LM-26-439 LM-2026-098 607631 5270796 219.9 85 -70 300.00 S6-E
LM-26-440 LM-2026-103 607432 5270895 218.8 230 -70 121.50 S6
LM-26-441 LM-2026-099 607638 5270772 219.5 85 -70 300.00 S6-E
LM-26-442 LM-2026-103 607432 5270895 218.8 215 -73 177.00 S6
LM-26-443 LM-2026-096A 607613 5270809 220.0 85 -65 303.00 S6-E
LM-26-444 LM-2026-103 607432 5270895 218.8 230 -65 177.00 S6
LM-26-445 LM-2026-096A 607613 5270809 220.0 85 -70 298.00 S6-E
LM-26-446 LM-2026-103 607432 5270895 218.8 230 -59 192.00 S6
LM-26-449 LM-2026-094 607559 5270725 216.9 96 -58 276.00 S6-SE

About the Langis Project

An Exploration Target of 1.0 to 2.0 million tonnes grading 400 to 800 g/t silver has been conceptualized for the project. Note: The potential quantity and grade of the Exploration Target are conceptual. Insufficient exploration has been completed to define a mineral resource, and there is no certainty that further exploration will result in the target being delineated as a mineral resource.

The wholly owned Langis Silver Project, located approximately 500 km north of Toronto, Ontario, Canada, includes a former producing mine and benefits from excellent infrastructure, including all-season road access, power, rail connections, and a refiner. Silver mineralization occurs as native silver and in steeply to moderately dipping veins, veinlets, disseminations, rosettes, and fracture infill, often associated with minerals such as calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite, and gold. Mineralization is hosted across three principal rock types: Archean Keewatin volcanic and metasedimentary rocks, Proterozoic Coleman Member sedimentary rocks of the Huronian Supergroup, and Proterozoic Nipissing diabase. The geological deposit model for the area is a continental-rift extensional depositional environment. The Langis Mine produced 10.4 million ounces of silver intermittently between 1908 and 1989 at a head grade of 20 to 25 opt, with reported recoveries of 88% to 98%. Previous operators developed over 10 km of underground workings; however, shafts and openings have been capped and sealed. Historically, reported silver mines in the Cobalt Camp have collectively produced over 445 million ounces of silver. We also understand, through personal communication with mine workers in the camp, that ultra-high-grade native silver collector pieces did not make it through the mills, suggesting that the camp’s actual silver production is significantly higher than the reported numbers. The historic production figures referenced above are sourced from third-party records and personal communications, have not been verified by Brixton or by the Qualified Person, and should not be relied upon.

Quality Assurance & Quality Control

Quality assurance and quality control protocols for drill core sampling were developed by Brixton. Core samples were mostly taken at 2.0 m intervals. High-grade intervals were taken at 0.50 m to 1.00 m intervals. Blanks, duplicates (lab pulp), and certified reference materials were inserted at a combined rate of up to 15%. Core samples were cut in half, bagged, zip-tied, and sent directly to the ALS Minerals preparation facility in Sudbury, Ontario. ALS Minerals Laboratories is registered to ISO 9001:2015 and ISO 17025 accreditations for laboratory procedures. Samples were analyzed at ALS Laboratory Facilities in North Vancouver, British Columbia, for gold by fire assay with an atomic absorption finish. Ag, Pb, Cu, and Zn, as well as 48 additional elements, were analyzed using a four-acid digestion with an ICP-MS finish. Overlimit silver samples were analyzed using fire assay and gravimetric finish, and/or fire assay and gravimetric finish on concentrates. The certified reference materials were acquired from CDN Resource Laboratories Ltd. of Langley, British Columbia, and the standards inserted varied with the type and abundance of mineralization observed in the primary sample. Blank material used consisted of non-mineralized siliceous landscaping rock. A copy of the QAQC protocols is available on the Company’s website.

Corporate Update

On October 1, 2026, Eldorado Gold Corporation gave notice of termination to Brixton for its Earn-in Agreement for the Atlin Goldfields Project. The Atlin Goldfields Project is an exploration stage project with orogenic and intrusion related gold deposit type characteristics. Brixton holds the project 100% free and clear with low to no NSR’s. The Company intends to seek a farmout or sale of the Project. Several high-grade gold showings have seen limited work.

Qualified Person (QP)

Mr. Gary Thompson, P.Geo., is the Chairman and CEO and a senior geologist for the Company who is a Qualified Person as defined by National Instrument 43-101. Mr. Thompson has verified the referenced data and analytical results disclosed in this press release and has approved the technical information presented herein.

About Brixton Metals Corporation

Brixton Metals is a Canadian exploration company focused on advancing its mining projects. Brixton wholly owns five exploration projects: the Thorn copper-gold-silver-molybdenum Project in NW British Columbia; the Hog Heaven copper-silver-gold Project in NW Montana, USA, which is optioned to Ivanhoe Electric Inc.; the Langis and Hudson Bay silver Projects in Ontario; and the Atlin Goldfields Project in northwest BC. Brixton holds an option to acquire a 100% interest in the silver-focused Silvergruvan Project in Sweden. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB, and on the OTCQX under the ticker symbol BBBXF. For more information about Brixton, please visit our website at www.brixtonmetals.com.

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO
info@brixtonmetals.com

For Investor Relations inquiries please contact: Mr. Michael Rapsch, Vice President Investor Relations. email: michael.rapsch@brixtonmetals.com or call Tel: 604-630-9707
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar expressions. All statements, other than statements of historical fact included herein including, without limitation, statements regarding the use of proceeds. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSXV and applicable Canadian securities regulators. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

Photos accompanying this announcement are available at:

https://brixtonmetals.com/wp-content/uploads/2026/10/Figure-1_06Oct2026-scaled.png

https://brixtonmetals.com/wp-content/uploads/2026/10/Figure-2_06Oct2026-scaled.png

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https://brixtonmetals.com/wp-content/uploads/2026/10/Figure-4_06Oct2026.png

https://brixtonmetals.com/wp-content/uploads/2026/10/Figure-5_06Oct2026.png

https://brixtonmetals.com/wp-content/uploads/2026/10/Figure-6_06Oct2026-scaled.png

 And 6.45 m of 667 g/t Silver, Including 3.19 m of 1,339 g/t Silver In Hole 412

And 9.00 m of 222 g/t Silver, Including 0.50 m of 1,605 g/t Silver In Hole 442

VANCOUVER, British Columbia, Oct. 06, 2026 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSX-V: BBB, OTCQX: BBBXF) (the “Company” or “Brixton”) is pleased to report silver results from 28 holes at its wholly owned Langis Silver Project, located in the historic silver mining camp of Cobalt, Ontario, Canada. These results come from several different areas of the project that the Company is actively exploring. So far in 2026, the Company has completed 39,937.55 m across 182 drill holes. The Company has added a third drill rig to the Langis program, targeting 9,000 metres per month. This accelerated drilling rate is needed to meet our near-term objective of establishing a maiden Mineral Resource Estimate (“MRE”) at Langis.

Highlights

  • In the Shaft 6 South East Area (S6-SE), hole LM-26-449 returned 23.50 m of 348 g/t silver from 203.00 m
    • Including 4.00 m of 1,975 g/t silver from 215.00 m
      • And including 2.00 m of 3,386 g/t silver from 215.50 m as native silver
  • In the Shaft 6 West Area (S6-W), hole LM-26-412 returned 6.45 m of 667 g/t silver from 124.65 m
    • Including 3.19 m of 1,339 g/t silver from 127.31 m, and 1.00 m of 3,570 g/t silver from 128.40 m
  • In the Shaft 6 East Area (S6-E), hole LM-26-433 returned 10.50 m of 85.7 g/t silver from 192.50 m
    • Including 2.35 m of 347 g/t silver from 196.25 m
  • In the Shaft 6 Area (S6), hole LM-26-442 returned 9.00 m of 222 g/t silver from 119.00 m
    • Including 0.50 m of 1,605 g/t silver from 124.35 m, and 1.20 m of 666 g/t silver from 126.80 m

Chairman and CEO, Gary R. Thompson, stated, “Drilling at Langis continues to shine, delivering more multi-kilogram silver intercepts. Our high-density drilling strategy is showing results. These holes come from several different areas of the project as we are actively looking to expand known mineralization across the project.”

Figure 1. Langis Silver Project location map of drilling area and mineral claims.

Figure 1_06Oct2026

Figure 2. Photograph of hole LM-26-449 at 215.73-216.00 m depth showing disseminated native silver and native silver veinlets.

Figure 2_06Oct2026

Figure 3. Photograph of hole LM-26-449 at 215.73-216.00 m depth and LM-26-412 at 129.10 m depth showing native silver veins-veinlets and disseminated native silver.

Figure 3_06Oct2026

Discussion

Shaft 6 South East (S6-SE)

New results from this recently discovered brownfield area (Table 1), with no mining works (see news release dated July 21, 2026), show mineralization extending to the south. Drilling to test the extension of this zone returned strong results in holes LM-26-421, LM-26-427 and LM-26-449, with hole LM-26-449 returning the main intercept of 23.50 m of 348.11 g/t silver from 203.00 m depth.

As observed in Figures 2 and 3, disseminated native silver accompanies the vein-hosted mineralization and native silver veinlets. Brixton interprets this as an upside to the traditional vein-focused exploration approach at Langis, as the disseminated silver appears to create broad shoulders of mineralization flanking the veins, which could significantly widen the mineralized envelopes.

Table 1. Selected assay intervals from drill holes in the Shaft 6 South East (S6-SE) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-419 140.00 142.00 2.00 54.80
LM-26-421 135.70 144.00 8.30 137.45
including 137.05 140.00 2.95 343.14
  150.45 150.95 0.50 140.00
  155.00 156.00 1.00 100.00
LM-26-427 179.00 185.00 6.00 95.55
including 182.00 182.50 0.50 987.00
LM-26-449 203.00 226.50 23.50 348.11
including 206.15 206.65 0.50 67.60
including 212.00 213.00 1.00 129.60
including 215.00 219.00 4.00 1,974.88
and including 215.50 217.50 2.00 3,386.25

No significant intercepts were returned from hole LM-26-425.
Note for all assay tables: All assay values are weighted averages. Reported intervals are drilling lengths, and the true widths of the mineralized intervals have not yet been determined. Reported intervals are length-weighted composites calculated at a 5 g/t Ag cut-off over contiguous samples, with limited internal dilution. A hole is reported as a significant intercept only where it contains a sub-interval exceeding 50 g/t Ag; otherwise, it is reported as no significant intercepts. Higher-grade “including” intervals reflect geological interpretation.

Shaft 6 East (S6-E)

Drilling in the Shaft 6 East (S6-E) area (Table 2) tested mineralization in this zone, with good results in holes LM-26-429 and LM-26-433; the latter returned 10.50 m of 85.74 g/t silver from 192.50 m depth. However, the Company has not yet established significant continuity of mineralization. While the mineralized intercepts warrant further exploration, the mineralization in S6-E is being intersected at greater depths, and the Company has therefore decided to move to shallower zones.

Table 2. Selected assay intervals from drill holes in the Shaft 6 East (S6-E) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-429 181.65 188.00 6.35 95.35
including 186.00 188.00 2.00 289.00
LM-26-431 227.70 228.25 0.55 240.00
LM-26-433 192.50 203.00 10.50 85.74
including 196.25 198.60 2.35 346.69
LM-26-441 210.00 217.20 7.20 11.55
including 214.50 215.00 0.50 61.40
  221.00 228.75 7.75 10.80
including 228.25 228.75 0.50 88.50
LM-26-443 206.50 207.50 1.00 43.75
including 207.00 207.50 0.50 77.70

No significant intercepts were returned from holes LM-26-437, LM-26-439 and LM-26-445.

Shaft 6 (S6)

In the Shaft 6 (S6) area (Table 3), drilling also continues to return good results around historic stopes, including holes LM-26-426, LM-26-428 and LM-26-442, with hole LM-26-442 returning the main intercept of 9.00 m of 221.91 g/t silver from 119.00 m depth.

Table 3. Selected assay intervals from drill holes in the Shaft 6 (S6) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-426 124.50 131.50 7.00 208.39
including 129.50 130.50 1.00 1,345.00
and including 130.00 130.50 0.50 2,200.00
LM-26-428 127.00 131.00 4.00 259.49
including 128.00 130.00 2.00 507.95
and including 129.00 129.50 0.50 1,090.00
  134.75 136.00 1.25 59.10
LM-26-435 132.00 137.00 5.00 41.91
including 132.00 133.00 1.00 102.00
LM-26-442 119.00 128.00 9.00 221.91
including 120.50 122.85 2.35 129.20
including 124.35 124.85 0.50 1,605.00
including 126.80 128.00 1.20 665.83
and including 126.80 127.50 0.70 1,055.00

No significant intercepts were returned from holes LM-26-430, LM-26-436, LM-26-438, LM-26-440, LM-26-444 and LM-26-446.

Shaft 6 West (S6-W)

Drilling in the Shaft 6 West (S6-W) area (Table 4) continues to confirm the good initial results reported in the news release dated September 2, 2026, with mineralization around the historic mine workings. Good results were returned in holes LM-26-412, LM-26-417, LM-26-420A and LM-26-424, with hole LM-26-412 returning the main intercept of 6.45 m of 666.95 g/t silver from 124.65 m depth.

Brixton is looking to potentially expand this mineralization at S6-W to demonstrate continuity, as the Company has been doing in the Shaft 6 South East (S6-SE) area.

Table 4. Selected assay intervals from drill holes in the Shaft 6 West (S6-W) zone.

Hole ID From (m) To (m) Length (m) Ag (g/t)
LM-26-412 124.65 131.10 6.45 666.95
including 127.31 130.50 3.19 1,339.39
and including 128.40 129.40 1.00 3,570.00
  135.10 145.42 10.32 102.64
including 137.50 138.00 0.50 584.00
including 141.50 143.00 1.50 441.67
LM-26-417 107.00 119.98 12.98 20.52
including 107.00 108.00 1.00 76.00
including 108.50 109.00 0.50 70.10
  122.00 129.21 7.21 137.53
including 122.00 123.00 1.00 427.00
including 126.00 128.21 2.21 239.60
  136.00 144.00 8.00 117.80
including 141.50 142.00 0.50 1,750.00
LM-26-420A 103.00 114.00 11.00 77.93
including 108.50 109.50 1.00 588.00
including 111.50 114.00 2.50 64.38
LM-26-424 121.50 136.25 14.75 46.48
including 123.50 125.00 1.50 368.33

No significant intercepts were returned from hole LM-26-422.

Figure 4. Plan Map of Langis showing the drill hole collars and traces reported in this news release, along with 2026 drill collars, historic and Brixton assay results projected to surface.

Figure 4_06Oct2026

Shaded areas show where individual drill core samples from previous drilling returned ≥30 g/t Ag, projected to surface (Figures 4 & 6) or onto the section plane (Figure 5). They are a visual aid only. They are not a geological model, a mineral resource or a mineral reserve, and they do not imply continuity of mineralization between drill holes.

Figure 5. Long section A to A’ looking north (trace as in Figure 4), showing the drill hole collars and traces reported in this news release, along with 2026 drill collars, historic and Brixton assay results projected to the long-section plane.

Figure 5_06Oct2026

Drill holes between 5,270,680 m N and 5,270,910 m N are projected onto a vertical west–east plane along 5,270,795 m N. Only the holes in this release are labelled and drawn with their lithology: Huronian conglomerate, Keewatin mafic volcanics and Nipissing diabase. Composites are plotted at the interval mid-point and coloured by silver grade. Shaded areas show samples ≥30 g/t Ag from previous drilling within the same window. No vertical exaggeration. Projection: points up to 115 m from the section line appear together, so intercepts that look close on the section may be separated in three dimensions. Composites and shading: same definitions and limitations as Figure 4. Reported intercepts are core lengths; true widths are not yet known.

Figure 6. Map showing drill results from the Langis Shaft 6 area, highlights from the 2026 campaign to date.

Figure 6_06Oct2026

Table 5. Drill hole collar information for reported holes.

Hole ID Pad ID Easting (m) Northing (m) Elevation (m) Azimuth Dip Depth (m) Zone
                 
LM-26-412 LM-2026-039 607210 5270820 212.0 300 -60 195.00 S6-W
LM-26-417 LM-2026-092 607230 5270820 212.9 305 -55 210.00 S6-W
LM-26-419 LM-2026-072 607550 5270728 216.9 85 -60 300.00 S6-SE
LM-26-420A LM-2026-092 607230 5270820 212.9 295 -55 189.00 S6-W
LM-26-421 LM-2026-087 607451 5270726 217.0 90 -55 258.00 S6-SE
LM-26-422 LM-2026-093 607210 5270840 212.7 305 -50 189.00 S6-W
LM-26-424 LM-2026-093 607210 5270840 212.7 300 -55 186.00 S6-W
LM-26-425 LM-2026-085 607429 5270760 217.0 90 -55 288.00 S6-SE
LM-26-426 LM-2026-101 607401 5270805 216.6 355 -62 198.00 S6
LM-26-427 LM-2026-085 607429 5270760 217.0 90 -48 300.00 S6-SE
LM-26-428 LM-2026-101 607401 5270805 216.6 3 -63 195.00 S6
LM-26-429 LM-2026-097 607624 5270839 220.8 85 -70 249.00 S6-E
LM-26-430 LM-2026-102 607433 5270886 218.8 230 -72 177.00 S6
LM-26-431 LM-2026-097 607624 5270839 220.8 90 -65 252.00 S6-E
LM-26-433 LM-2026-096 607618 5270819 219.9 85 -70 276.00 S6-E
LM-26-435 LM-2026-102 607433 5270886 218.8 230 -59 180.00 S6
LM-26-436 LM-2026-102 607433 5270886 218.8 230 -55 210.00 S6
LM-26-437 LM-2026-096 607618 5270819 219.9 85 -65 276.00 S6-E
LM-26-438 LM-2026-103 607432 5270895 218.8 230 -66 84.00 S6
LM-26-439 LM-2026-098 607631 5270796 219.9 85 -70 300.00 S6-E
LM-26-440 LM-2026-103 607432 5270895 218.8 230 -70 121.50 S6
LM-26-441 LM-2026-099 607638 5270772 219.5 85 -70 300.00 S6-E
LM-26-442 LM-2026-103 607432 5270895 218.8 215 -73 177.00 S6
LM-26-443 LM-2026-096A 607613 5270809 220.0 85 -65 303.00 S6-E
LM-26-444 LM-2026-103 607432 5270895 218.8 230 -65 177.00 S6
LM-26-445 LM-2026-096A 607613 5270809 220.0 85 -70 298.00 S6-E
LM-26-446 LM-2026-103 607432 5270895 218.8 230 -59 192.00 S6
LM-26-449 LM-2026-094 607559 5270725 216.9 96 -58 276.00 S6-SE

About the Langis Project

An Exploration Target of 1.0 to 2.0 million tonnes grading 400 to 800 g/t silver has been conceptualized for the project. Note: The potential quantity and grade of the Exploration Target are conceptual. Insufficient exploration has been completed to define a mineral resource, and there is no certainty that further exploration will result in the target being delineated as a mineral resource.

The wholly owned Langis Silver Project, located approximately 500 km north of Toronto, Ontario, Canada, includes a former producing mine and benefits from excellent infrastructure, including all-season road access, power, rail connections, and a refiner. Silver mineralization occurs as native silver and in steeply to moderately dipping veins, veinlets, disseminations, rosettes, and fracture infill, often associated with minerals such as calcite, hematite, pyrite, cobaltite, chalcopyrite, niccolite, and gold. Mineralization is hosted across three principal rock types: Archean Keewatin volcanic and metasedimentary rocks, Proterozoic Coleman Member sedimentary rocks of the Huronian Supergroup, and Proterozoic Nipissing diabase. The geological deposit model for the area is a continental-rift extensional depositional environment. The Langis Mine produced 10.4 million ounces of silver intermittently between 1908 and 1989 at a head grade of 20 to 25 opt, with reported recoveries of 88% to 98%. Previous operators developed over 10 km of underground workings; however, shafts and openings have been capped and sealed. Historically, reported silver mines in the Cobalt Camp have collectively produced over 445 million ounces of silver. We also understand, through personal communication with mine workers in the camp, that ultra-high-grade native silver collector pieces did not make it through the mills, suggesting that the camp’s actual silver production is significantly higher than the reported numbers. The historic production figures referenced above are sourced from third-party records and personal communications, have not been verified by Brixton or by the Qualified Person, and should not be relied upon.

Quality Assurance & Quality Control

Quality assurance and quality control protocols for drill core sampling were developed by Brixton. Core samples were mostly taken at 2.0 m intervals. High-grade intervals were taken at 0.50 m to 1.00 m intervals. Blanks, duplicates (lab pulp), and certified reference materials were inserted at a combined rate of up to 15%. Core samples were cut in half, bagged, zip-tied, and sent directly to the ALS Minerals preparation facility in Sudbury, Ontario. ALS Minerals Laboratories is registered to ISO 9001:2015 and ISO 17025 accreditations for laboratory procedures. Samples were analyzed at ALS Laboratory Facilities in North Vancouver, British Columbia, for gold by fire assay with an atomic absorption finish. Ag, Pb, Cu, and Zn, as well as 48 additional elements, were analyzed using a four-acid digestion with an ICP-MS finish. Overlimit silver samples were analyzed using fire assay and gravimetric finish, and/or fire assay and gravimetric finish on concentrates. The certified reference materials were acquired from CDN Resource Laboratories Ltd. of Langley, British Columbia, and the standards inserted varied with the type and abundance of mineralization observed in the primary sample. Blank material used consisted of non-mineralized siliceous landscaping rock. A copy of the QAQC protocols is available on the Company’s website.

Corporate Update

On October 1, 2026, Eldorado Gold Corporation gave notice of termination to Brixton for its Earn-in Agreement for the Atlin Goldfields Project. The Atlin Goldfields Project is an exploration stage project with orogenic and intrusion related gold deposit type characteristics. Brixton holds the project 100% free and clear with low to no NSR’s. The Company intends to seek a farmout or sale of the Project. Several high-grade gold showings have seen limited work.

Qualified Person (QP)

Mr. Gary Thompson, P.Geo., is the Chairman and CEO and a senior geologist for the Company who is a Qualified Person as defined by National Instrument 43-101. Mr. Thompson has verified the referenced data and analytical results disclosed in this press release and has approved the technical information presented herein.

About Brixton Metals Corporation

Brixton Metals is a Canadian exploration company focused on advancing its mining projects. Brixton wholly owns five exploration projects: the Thorn copper-gold-silver-molybdenum Project in NW British Columbia; the Hog Heaven copper-silver-gold Project in NW Montana, USA, which is optioned to Ivanhoe Electric Inc.; the Langis and Hudson Bay silver Projects in Ontario; and the Atlin Goldfields Project in northwest BC. Brixton holds an option to acquire a 100% interest in the silver-focused Silvergruvan Project in Sweden. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB, and on the OTCQX under the ticker symbol BBBXF. For more information about Brixton, please visit our website at www.brixtonmetals.com.

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO
info@brixtonmetals.com

For Investor Relations inquiries please contact: Mr. Michael Rapsch, Vice President Investor Relations. email: michael.rapsch@brixtonmetals.com or call Tel: 604-630-9707
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar expressions. All statements, other than statements of historical fact included herein including, without limitation, statements regarding the use of proceeds. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSXV and applicable Canadian securities regulators. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

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Target company is a US defense company involved in cutting-edge weapons development

NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) — Nexus Advanced Technologies Inc. (Nasdaq: NXAT) (“Nexus” or the “Company”) today announced that it has signed an exclusivity agreement to negotiate a potential reverse merger with a U.S. defense technology company (the “Target”). The discussions are for a proposed valuation of approximately $500 million for the Target, subject to due diligence and negotiation of definitive transaction terms.

The Target’s identity is being withheld at this stage for confidentiality reasons. According to information provided by the Target, it holds a license for weapons technology intended to address counter-drone defense applications. Nexus is evaluating the technology, the scope of the license, and the Target’s commercialization prospects as part of its transaction review.

The Target has received non-binding letters of intent relating to potential projects with an aggregate indicated value of approximately $7 billion. These LOIs are preliminary and non-binding, and there can be no assurance that they will result in definitive agreements or completed projects. These expressions of interest do not constitute confirmed orders or committed revenue.

If a transaction is completed on terms currently under discussion, the transaction structure could involve a merger of the Target with a subsidiary of Nexus, with the Target’s shareholders acquiring a majority ownership interest in the combined company and a resulting change of control of Nexus. The final transaction structure, ownership percentages, financing arrangements, and other material terms remain subject to negotiation and are not yet determined.

Any transaction would be subject to, among other things, satisfactory completion of due diligence by each party, negotiation and execution of definitive agreements, receipt of applicable corporate and shareholder approvals, regulatory approvals, satisfaction of Nasdaq listing requirements, re-domiciliation of the Company as a US entity and other customary closing conditions. There can be no assurance that a definitive agreement will be reached.

Any transaction would be subject to satisfactory due diligence, execution of definitive agreements, applicable corporate and shareholder approvals, and satisfaction of regulatory, Nasdaq and other closing requirements.

About Nexus Advanced Technologies
Nexus Advanced Technologies Inc. (Nasdaq: NXAT) pursues strategic investments, acquisitions and partnerships across AI infrastructure and advanced technologies, including data centers, AI compute and GPU infrastructure.

Forward Looking Statements

This press release includes 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. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking.

These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of NXAT’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of NXAT. Some important risks that could cause actual results to differ materially from those in any forward-looking statements include changes in domestic and foreign business, market, financial, political, and legal conditions.

If any of these risks materialize or NXAT’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that NXAT does not presently know, or that NXAT currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect NXAT’s current expectations, plans, and forecasts of future events and views as of the date hereof.

Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.

You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of NXAT described in NXAT’s Annual Report on Form 20-F filed with the SEC on May 15, 2025, including those under the heading “Risk Factors” therein. NXAT anticipates that subsequent events and developments may cause its assessments to change. However, while NXAT may elect to update these forward-looking statements at some point in the future, NXAT specifically disclaims any obligation to do so, except as required by law.

The forward-looking statements contained herein should not be relied upon as representing NXAT’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact
Public Relations: info@redroosterpr.com

Target company is a US defense company involved in cutting-edge weapons development

NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) — Nexus Advanced Technologies Inc. (Nasdaq: NXAT) (“Nexus” or the “Company”) today announced that it has signed an exclusivity agreement to negotiate a potential reverse merger with a U.S. defense technology company (the “Target”). The discussions are for a proposed valuation of approximately $500 million for the Target, subject to due diligence and negotiation of definitive transaction terms.

The Target’s identity is being withheld at this stage for confidentiality reasons. According to information provided by the Target, it holds a license for weapons technology intended to address counter-drone defense applications. Nexus is evaluating the technology, the scope of the license, and the Target’s commercialization prospects as part of its transaction review.

The Target has received non-binding letters of intent relating to potential projects with an aggregate indicated value of approximately $7 billion. These LOIs are preliminary and non-binding, and there can be no assurance that they will result in definitive agreements or completed projects. These expressions of interest do not constitute confirmed orders or committed revenue.

If a transaction is completed on terms currently under discussion, the transaction structure could involve a merger of the Target with a subsidiary of Nexus, with the Target’s shareholders acquiring a majority ownership interest in the combined company and a resulting change of control of Nexus. The final transaction structure, ownership percentages, financing arrangements, and other material terms remain subject to negotiation and are not yet determined.

Any transaction would be subject to, among other things, satisfactory completion of due diligence by each party, negotiation and execution of definitive agreements, receipt of applicable corporate and shareholder approvals, regulatory approvals, satisfaction of Nasdaq listing requirements, re-domiciliation of the Company as a US entity and other customary closing conditions. There can be no assurance that a definitive agreement will be reached.

Any transaction would be subject to satisfactory due diligence, execution of definitive agreements, applicable corporate and shareholder approvals, and satisfaction of regulatory, Nasdaq and other closing requirements.

About Nexus Advanced Technologies
Nexus Advanced Technologies Inc. (Nasdaq: NXAT) pursues strategic investments, acquisitions and partnerships across AI infrastructure and advanced technologies, including data centers, AI compute and GPU infrastructure.

Forward Looking Statements

This press release includes 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. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking.

These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of NXAT’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of NXAT. Some important risks that could cause actual results to differ materially from those in any forward-looking statements include changes in domestic and foreign business, market, financial, political, and legal conditions.

If any of these risks materialize or NXAT’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that NXAT does not presently know, or that NXAT currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect NXAT’s current expectations, plans, and forecasts of future events and views as of the date hereof.

Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.

You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of NXAT described in NXAT’s Annual Report on Form 20-F filed with the SEC on May 15, 2025, including those under the heading “Risk Factors” therein. NXAT anticipates that subsequent events and developments may cause its assessments to change. However, while NXAT may elect to update these forward-looking statements at some point in the future, NXAT specifically disclaims any obligation to do so, except as required by law.

The forward-looking statements contained herein should not be relied upon as representing NXAT’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact
Public Relations: info@redroosterpr.com

Target company is a US defense company involved in cutting-edge weapons development

NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) — Nexus Advanced Technologies Inc. (Nasdaq: NXAT) (“Nexus” or the “Company”) today announced that it has signed an exclusivity agreement to negotiate a potential reverse merger with a U.S. defense technology company (the “Target”). The discussions are for a proposed valuation of approximately $500 million for the Target, subject to due diligence and negotiation of definitive transaction terms.

The Target’s identity is being withheld at this stage for confidentiality reasons. According to information provided by the Target, it holds a license for weapons technology intended to address counter-drone defense applications. Nexus is evaluating the technology, the scope of the license, and the Target’s commercialization prospects as part of its transaction review.

The Target has received non-binding letters of intent relating to potential projects with an aggregate indicated value of approximately $7 billion. These LOIs are preliminary and non-binding, and there can be no assurance that they will result in definitive agreements or completed projects. These expressions of interest do not constitute confirmed orders or committed revenue.

If a transaction is completed on terms currently under discussion, the transaction structure could involve a merger of the Target with a subsidiary of Nexus, with the Target’s shareholders acquiring a majority ownership interest in the combined company and a resulting change of control of Nexus. The final transaction structure, ownership percentages, financing arrangements, and other material terms remain subject to negotiation and are not yet determined.

Any transaction would be subject to, among other things, satisfactory completion of due diligence by each party, negotiation and execution of definitive agreements, receipt of applicable corporate and shareholder approvals, regulatory approvals, satisfaction of Nasdaq listing requirements, re-domiciliation of the Company as a US entity and other customary closing conditions. There can be no assurance that a definitive agreement will be reached.

Any transaction would be subject to satisfactory due diligence, execution of definitive agreements, applicable corporate and shareholder approvals, and satisfaction of regulatory, Nasdaq and other closing requirements.

About Nexus Advanced Technologies
Nexus Advanced Technologies Inc. (Nasdaq: NXAT) pursues strategic investments, acquisitions and partnerships across AI infrastructure and advanced technologies, including data centers, AI compute and GPU infrastructure.

Forward Looking Statements

This press release includes 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. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking.

These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of NXAT’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of NXAT. Some important risks that could cause actual results to differ materially from those in any forward-looking statements include changes in domestic and foreign business, market, financial, political, and legal conditions.

If any of these risks materialize or NXAT’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that NXAT does not presently know, or that NXAT currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect NXAT’s current expectations, plans, and forecasts of future events and views as of the date hereof.

Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.

You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of NXAT described in NXAT’s Annual Report on Form 20-F filed with the SEC on May 15, 2025, including those under the heading “Risk Factors” therein. NXAT anticipates that subsequent events and developments may cause its assessments to change. However, while NXAT may elect to update these forward-looking statements at some point in the future, NXAT specifically disclaims any obligation to do so, except as required by law.

The forward-looking statements contained herein should not be relied upon as representing NXAT’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact
Public Relations: info@redroosterpr.com

Anderson steps into the role from inside the company, having chaired ONAR’s Audit Committee since August 2025; director Howard D. Palefsky assumes the Audit Committee chair; appointment follows the completion days earlier of the largest acquisition in Company history and its up to $15 million financing

Miami, FL, Oct. 06, 2026 (GLOBE NEWSWIRE) — ONAR Holding Corporation (OTCID: ONAR) (“ONAR” or the “Company”), an AI-powered marketing platform, today announced the appointment of Kelly Anderson as Interim Chief Financial Officer, effective October 1, 2026. The appointment comes days after the Company completed its acquisition of Advertise Purple, the largest acquisition in its history, and completed the initial closing of its up to $15 million financing, and it addresses the fourth and final priority the Company set out in its July letter to stockholders: the pursuit of a Nasdaq listing. Anderson’s mandate is the finance side of that pursuit, including uplist readiness, public-company reporting at the combined company’s new scale, and the financial integration of Advertise Purple. The interim designation reflects the assignment rather than any uncertainty: Anderson’s focus is carrying the Company through the listing process and the build-out of an exchange-grade finance organization.

Anderson is not arriving cold. She has served on ONAR’s Board of Directors as Audit Committee Chair since August 2025, through every filing, every acquisition, and every financing of the past year. The Company announced in its Annual Report that it was recruiting a Chief Financial Officer; the Board concluded that the strongest candidate was already at the table, with the advantage that she starts with a working knowledge of the Company’s numbers that no outside hire could match.

Anderson brings more than 25 years of senior finance leadership, including prior service as Chief Financial Officer of publicly traded T3 Motion and of Mavenlink, and Chief Accounting Officer at Fisker Automotive and has overseen more than 400 acquisitions across her career. She is a Certified Public Accountant and the founder of CXO Executive Solutions, an executive services firm specializing in placing senior finance leadership into companies at inflection points.

In connection with the appointment, Anderson stepped down from the Board of Directors and as Audit Committee Chair, and the Board has appointed Howard D. Palefsky as Audit Committee Chair. Palefsky, has served as a director since June 2025 and as Chair of the Company’s Governance and Nominating Committee, he also served as Chairman, President and Chief Executive Officer of Collagen Corporation for nearly two decades and has served on the boards of more than 30 organizations. The transition keeps the Audit Committee chaired by an independent director without interruption.

Anderson will work alongside James Keck, the Company’s Vice President of Finance, who continues to lead day-to-day financial operations, financial planning, and acquisition finance, the function he has built and run through the Company’s last four acquisitions.

“Getting to an exchange is mostly a finance project, and we are now staffing it like one,” said Claude Zdanow, Chief Executive Officer of ONAR. “We said we would recruit a CFO, and we ran a real search. The conclusion we kept reaching is that the person best qualified to carry our numbers to Nasdaq has been chairing our Audit Committee for the past year. Kelly has watched every filing we have made from the oversight side. Now she moves to the execution side, and James and his team get a partner who has done this climb before, more than once.”

“I have had a year inside ONAR’s numbers, and that is exactly why I said yes,” said Kelly Anderson. “This company just completed its largest acquisition, funded it, and moved its oldest debt into alignment with stockholders, all in the same week. What it needs now is the discipline of exchange-grade reporting, and that is work I have done my whole career. I know where we are strong, I know what we have to build, and I know the team I am building it with.”

“Kelly’s deep expertise and seasoned judgment add depth to our financial leadership at a pivotal stage in ONAR’s rapid growth,” said James Keck, Vice President of Finance. “I couldn’t be more excited to work alongside her as we pursue our ambitious plans. I’m proud of the foundation our team has built and energized by the vision we’re building toward together.”

Additional information regarding the appointment, including compensation arrangements, is set forth in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2026.

About ONAR Holding Corporation

ONAR (OTCID: ONAR), pronounced “honor,” is an AI-powered marketing platform. ONAR acquires specialist marketing agencies serving middle-market and growth-stage brands across performance marketing, creative, and commerce, and operates them as one company on shared proprietary technology designed to automate up to 70% of manual agency work. Its technology division, ONAR Labs, develops and houses the Company’s proprietary technology, including ONAR AI, a marketing intelligence platform deployed across the Company’s agencies to improve productivity; Retina AI, a predictive customer intelligence platform; and Cortex, an offline and online sales attribution platform. ONAR continues to expand the platform through disciplined acquisitions, including JUICE, Scale Partner, and Advertise Purple. Learn more at www.onar.com.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the Company’s future financial condition, results of operations, business operations and business prospects, the integration of Advertise Purple, any potential uplisting, and any other potential acquisitions, financings, and debt restructurings, are forward-looking statements. Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “predict,” “believe,” and similar words and expressions are intended to identify forward-looking statements. These statements reflect the Company’s current expectations, are not guarantees of future performance, and involve known and unknown risks and uncertainties, including the substantial doubt about the Company’s ability to continue as a going concern described in its SEC filings, the Company’s working capital deficit and indebtedness, integration risks, the need for additional financing, market conditions, competition, retention of key personnel, and regulatory changes, any of which could cause actual results to differ materially. Detailed risk factors are included in the Company’s filings with the SEC, including its Annual Report on Form 10-K and its Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date hereof. The Company assumes no obligation to update these statements except as required by law.

Media and Investor Contact

ONAR Holding Corporation
Investor Relations
IR@onar.com
(213) 437-3081www.onar.com

Anderson steps into the role from inside the company, having chaired ONAR’s Audit Committee since August 2025; director Howard D. Palefsky assumes the Audit Committee chair; appointment follows the completion days earlier of the largest acquisition in Company history and its up to $15 million financing

Miami, FL, Oct. 06, 2026 (GLOBE NEWSWIRE) — ONAR Holding Corporation (OTCID: ONAR) (“ONAR” or the “Company”), an AI-powered marketing platform, today announced the appointment of Kelly Anderson as Interim Chief Financial Officer, effective October 1, 2026. The appointment comes days after the Company completed its acquisition of Advertise Purple, the largest acquisition in its history, and completed the initial closing of its up to $15 million financing, and it addresses the fourth and final priority the Company set out in its July letter to stockholders: the pursuit of a Nasdaq listing. Anderson’s mandate is the finance side of that pursuit, including uplist readiness, public-company reporting at the combined company’s new scale, and the financial integration of Advertise Purple. The interim designation reflects the assignment rather than any uncertainty: Anderson’s focus is carrying the Company through the listing process and the build-out of an exchange-grade finance organization.

Anderson is not arriving cold. She has served on ONAR’s Board of Directors as Audit Committee Chair since August 2025, through every filing, every acquisition, and every financing of the past year. The Company announced in its Annual Report that it was recruiting a Chief Financial Officer; the Board concluded that the strongest candidate was already at the table, with the advantage that she starts with a working knowledge of the Company’s numbers that no outside hire could match.

Anderson brings more than 25 years of senior finance leadership, including prior service as Chief Financial Officer of publicly traded T3 Motion and of Mavenlink, and Chief Accounting Officer at Fisker Automotive and has overseen more than 400 acquisitions across her career. She is a Certified Public Accountant and the founder of CXO Executive Solutions, an executive services firm specializing in placing senior finance leadership into companies at inflection points.

In connection with the appointment, Anderson stepped down from the Board of Directors and as Audit Committee Chair, and the Board has appointed Howard D. Palefsky as Audit Committee Chair. Palefsky, has served as a director since June 2025 and as Chair of the Company’s Governance and Nominating Committee, he also served as Chairman, President and Chief Executive Officer of Collagen Corporation for nearly two decades and has served on the boards of more than 30 organizations. The transition keeps the Audit Committee chaired by an independent director without interruption.

Anderson will work alongside James Keck, the Company’s Vice President of Finance, who continues to lead day-to-day financial operations, financial planning, and acquisition finance, the function he has built and run through the Company’s last four acquisitions.

“Getting to an exchange is mostly a finance project, and we are now staffing it like one,” said Claude Zdanow, Chief Executive Officer of ONAR. “We said we would recruit a CFO, and we ran a real search. The conclusion we kept reaching is that the person best qualified to carry our numbers to Nasdaq has been chairing our Audit Committee for the past year. Kelly has watched every filing we have made from the oversight side. Now she moves to the execution side, and James and his team get a partner who has done this climb before, more than once.”

“I have had a year inside ONAR’s numbers, and that is exactly why I said yes,” said Kelly Anderson. “This company just completed its largest acquisition, funded it, and moved its oldest debt into alignment with stockholders, all in the same week. What it needs now is the discipline of exchange-grade reporting, and that is work I have done my whole career. I know where we are strong, I know what we have to build, and I know the team I am building it with.”

“Kelly’s deep expertise and seasoned judgment add depth to our financial leadership at a pivotal stage in ONAR’s rapid growth,” said James Keck, Vice President of Finance. “I couldn’t be more excited to work alongside her as we pursue our ambitious plans. I’m proud of the foundation our team has built and energized by the vision we’re building toward together.”

Additional information regarding the appointment, including compensation arrangements, is set forth in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2026.

About ONAR Holding Corporation

ONAR (OTCID: ONAR), pronounced “honor,” is an AI-powered marketing platform. ONAR acquires specialist marketing agencies serving middle-market and growth-stage brands across performance marketing, creative, and commerce, and operates them as one company on shared proprietary technology designed to automate up to 70% of manual agency work. Its technology division, ONAR Labs, develops and houses the Company’s proprietary technology, including ONAR AI, a marketing intelligence platform deployed across the Company’s agencies to improve productivity; Retina AI, a predictive customer intelligence platform; and Cortex, an offline and online sales attribution platform. ONAR continues to expand the platform through disciplined acquisitions, including JUICE, Scale Partner, and Advertise Purple. Learn more at www.onar.com.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the Company’s future financial condition, results of operations, business operations and business prospects, the integration of Advertise Purple, any potential uplisting, and any other potential acquisitions, financings, and debt restructurings, are forward-looking statements. Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “predict,” “believe,” and similar words and expressions are intended to identify forward-looking statements. These statements reflect the Company’s current expectations, are not guarantees of future performance, and involve known and unknown risks and uncertainties, including the substantial doubt about the Company’s ability to continue as a going concern described in its SEC filings, the Company’s working capital deficit and indebtedness, integration risks, the need for additional financing, market conditions, competition, retention of key personnel, and regulatory changes, any of which could cause actual results to differ materially. Detailed risk factors are included in the Company’s filings with the SEC, including its Annual Report on Form 10-K and its Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date hereof. The Company assumes no obligation to update these statements except as required by law.

Media and Investor Contact

ONAR Holding Corporation
Investor Relations
IR@onar.com
(213) 437-3081www.onar.com

Anderson steps into the role from inside the company, having chaired ONAR’s Audit Committee since August 2025; director Howard D. Palefsky assumes the Audit Committee chair; appointment follows the completion days earlier of the largest acquisition in Company history and its up to $15 million financing

Miami, FL, Oct. 06, 2026 (GLOBE NEWSWIRE) — ONAR Holding Corporation (OTCID: ONAR) (“ONAR” or the “Company”), an AI-powered marketing platform, today announced the appointment of Kelly Anderson as Interim Chief Financial Officer, effective October 1, 2026. The appointment comes days after the Company completed its acquisition of Advertise Purple, the largest acquisition in its history, and completed the initial closing of its up to $15 million financing, and it addresses the fourth and final priority the Company set out in its July letter to stockholders: the pursuit of a Nasdaq listing. Anderson’s mandate is the finance side of that pursuit, including uplist readiness, public-company reporting at the combined company’s new scale, and the financial integration of Advertise Purple. The interim designation reflects the assignment rather than any uncertainty: Anderson’s focus is carrying the Company through the listing process and the build-out of an exchange-grade finance organization.

Anderson is not arriving cold. She has served on ONAR’s Board of Directors as Audit Committee Chair since August 2025, through every filing, every acquisition, and every financing of the past year. The Company announced in its Annual Report that it was recruiting a Chief Financial Officer; the Board concluded that the strongest candidate was already at the table, with the advantage that she starts with a working knowledge of the Company’s numbers that no outside hire could match.

Anderson brings more than 25 years of senior finance leadership, including prior service as Chief Financial Officer of publicly traded T3 Motion and of Mavenlink, and Chief Accounting Officer at Fisker Automotive and has overseen more than 400 acquisitions across her career. She is a Certified Public Accountant and the founder of CXO Executive Solutions, an executive services firm specializing in placing senior finance leadership into companies at inflection points.

In connection with the appointment, Anderson stepped down from the Board of Directors and as Audit Committee Chair, and the Board has appointed Howard D. Palefsky as Audit Committee Chair. Palefsky, has served as a director since June 2025 and as Chair of the Company’s Governance and Nominating Committee, he also served as Chairman, President and Chief Executive Officer of Collagen Corporation for nearly two decades and has served on the boards of more than 30 organizations. The transition keeps the Audit Committee chaired by an independent director without interruption.

Anderson will work alongside James Keck, the Company’s Vice President of Finance, who continues to lead day-to-day financial operations, financial planning, and acquisition finance, the function he has built and run through the Company’s last four acquisitions.

“Getting to an exchange is mostly a finance project, and we are now staffing it like one,” said Claude Zdanow, Chief Executive Officer of ONAR. “We said we would recruit a CFO, and we ran a real search. The conclusion we kept reaching is that the person best qualified to carry our numbers to Nasdaq has been chairing our Audit Committee for the past year. Kelly has watched every filing we have made from the oversight side. Now she moves to the execution side, and James and his team get a partner who has done this climb before, more than once.”

“I have had a year inside ONAR’s numbers, and that is exactly why I said yes,” said Kelly Anderson. “This company just completed its largest acquisition, funded it, and moved its oldest debt into alignment with stockholders, all in the same week. What it needs now is the discipline of exchange-grade reporting, and that is work I have done my whole career. I know where we are strong, I know what we have to build, and I know the team I am building it with.”

“Kelly’s deep expertise and seasoned judgment add depth to our financial leadership at a pivotal stage in ONAR’s rapid growth,” said James Keck, Vice President of Finance. “I couldn’t be more excited to work alongside her as we pursue our ambitious plans. I’m proud of the foundation our team has built and energized by the vision we’re building toward together.”

Additional information regarding the appointment, including compensation arrangements, is set forth in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2026.

About ONAR Holding Corporation

ONAR (OTCID: ONAR), pronounced “honor,” is an AI-powered marketing platform. ONAR acquires specialist marketing agencies serving middle-market and growth-stage brands across performance marketing, creative, and commerce, and operates them as one company on shared proprietary technology designed to automate up to 70% of manual agency work. Its technology division, ONAR Labs, develops and houses the Company’s proprietary technology, including ONAR AI, a marketing intelligence platform deployed across the Company’s agencies to improve productivity; Retina AI, a predictive customer intelligence platform; and Cortex, an offline and online sales attribution platform. ONAR continues to expand the platform through disciplined acquisitions, including JUICE, Scale Partner, and Advertise Purple. Learn more at www.onar.com.

Forward-Looking Statements

This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the Company’s future financial condition, results of operations, business operations and business prospects, the integration of Advertise Purple, any potential uplisting, and any other potential acquisitions, financings, and debt restructurings, are forward-looking statements. Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “predict,” “believe,” and similar words and expressions are intended to identify forward-looking statements. These statements reflect the Company’s current expectations, are not guarantees of future performance, and involve known and unknown risks and uncertainties, including the substantial doubt about the Company’s ability to continue as a going concern described in its SEC filings, the Company’s working capital deficit and indebtedness, integration risks, the need for additional financing, market conditions, competition, retention of key personnel, and regulatory changes, any of which could cause actual results to differ materially. Detailed risk factors are included in the Company’s filings with the SEC, including its Annual Report on Form 10-K and its Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date hereof. The Company assumes no obligation to update these statements except as required by law.

Media and Investor Contact

ONAR Holding Corporation
Investor Relations
IR@onar.com
(213) 437-3081www.onar.com

HERZLIYA, Israel, Oct. 06, 2026 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments, and loyalty platform, today announced a distribution partnership with Allied Electronics, Inc. to bring Nayax Fuel’s VPOS Media 5 outdoor payment solution to fuel retailers across the United States.

The US fuel market operates at exceptional scale, with convenience stores generating over $450 billion in fuel sales in 2025 and selling an estimated 80% of the fuel Americans buy, according to the National Association of Convenience Stores (NACS). Drivers increasingly pay for that fuel by card, which now represents 81% of transactions at the pump, up from 64% a decade ago. That shift has made modern payment infrastructure at the pump a necessity for US fuel retailers, central to how they serve customers.

This partnership meets that need by bringing Nayax payment infrastructure to US fuel retailers alongside Allied, a partner retailers know and trust. Allied has served the retail petroleum industry since 1978, and its systems, including the NeXGen PRIME forecourt controller, operate at tens of thousands of locations nationwide. Nayax Fuel, a dedicated vertical within the Nayax group, extends that foundation with a comprehensive portfolio spanning payment at the dispenser, forecourt control, and station management, building on the successful integration of OTI PetroSmart and Roseman.

“Allied and Nayax share an important focus on making the forecourt work better for retailers,” said Eli Bar, General Manager, Nayax Fuel. “Allied is one of the most respected names in US fuel retail, and our payment technology and solution give its customers a fuel-specific option built to meet the same high standard.”

“The US fuel industry is moving through a modernization cycle, and operators need both reliable forecourt systems and modern payment solutions at the pump” said Bob Danford, Director of Engineering & Development at Allied Electronics, Inc. “Nayax complements our solutions with a purpose-built payment terminal backed by global payments infrastructure, allowing us to deliver the complete package to retailers together.”

Nayax Fuel will present its fuel retail solutions at the NACS Show, October 7-9, 2026, at the Las Vegas Convention Center. Visitors can find Nayax at booth C6385.

ABOUT NAYAX

Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers’ growth across multiple channels. As of June 30, 2026, Nayax has 13 global offices, approximately 1,250 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax’s mission is to improve our customers’ revenue potential and operational efficiency, effectively and simply. For more information, please visit https://www.nayax.com/

ABOUT ALLIED ELECTRONICS, INC.

When it comes to forecourt integration, no other company has done more for the retail petroleum industry than Allied Electronics, Inc. Allied has provided the major oil, travel plaza, C-store, casino/gaming, and many other markets with new technology for service station automation since 1978.

From a corner store in Tennessee to American military bases overseas, Allied’s core business is supplying best-in-class forecourt solutions. Specifically, Allied Electronics, Inc. proudly manufactures and sells the NeXGen PRIME forecourt controller.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations, such as statements in this press release regarding our financial outlook, future business prospects and the impact of recent acquisitions or partnerships published by the Company. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on March 9, 2026 (our “Annual Report”). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

PUBLIC RELATIONS CONTACT

Scott Gamm

Strategy Voice Associates

Scott@strategyvoiceassociates.com

INVESTOR RELATIONS CONTACT

Aaron Greenberg

Chief Strategy Officer

IR@nayax.com

HERZLIYA, Israel, Oct. 06, 2026 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments, and loyalty platform, today announced a distribution partnership with Allied Electronics, Inc. to bring Nayax Fuel’s VPOS Media 5 outdoor payment solution to fuel retailers across the United States.

The US fuel market operates at exceptional scale, with convenience stores generating over $450 billion in fuel sales in 2025 and selling an estimated 80% of the fuel Americans buy, according to the National Association of Convenience Stores (NACS). Drivers increasingly pay for that fuel by card, which now represents 81% of transactions at the pump, up from 64% a decade ago. That shift has made modern payment infrastructure at the pump a necessity for US fuel retailers, central to how they serve customers.

This partnership meets that need by bringing Nayax payment infrastructure to US fuel retailers alongside Allied, a partner retailers know and trust. Allied has served the retail petroleum industry since 1978, and its systems, including the NeXGen PRIME forecourt controller, operate at tens of thousands of locations nationwide. Nayax Fuel, a dedicated vertical within the Nayax group, extends that foundation with a comprehensive portfolio spanning payment at the dispenser, forecourt control, and station management, building on the successful integration of OTI PetroSmart and Roseman.

“Allied and Nayax share an important focus on making the forecourt work better for retailers,” said Eli Bar, General Manager, Nayax Fuel. “Allied is one of the most respected names in US fuel retail, and our payment technology and solution give its customers a fuel-specific option built to meet the same high standard.”

“The US fuel industry is moving through a modernization cycle, and operators need both reliable forecourt systems and modern payment solutions at the pump” said Bob Danford, Director of Engineering & Development at Allied Electronics, Inc. “Nayax complements our solutions with a purpose-built payment terminal backed by global payments infrastructure, allowing us to deliver the complete package to retailers together.”

Nayax Fuel will present its fuel retail solutions at the NACS Show, October 7-9, 2026, at the Las Vegas Convention Center. Visitors can find Nayax at booth C6385.

ABOUT NAYAX

Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers’ growth across multiple channels. As of June 30, 2026, Nayax has 13 global offices, approximately 1,250 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax’s mission is to improve our customers’ revenue potential and operational efficiency, effectively and simply. For more information, please visit https://www.nayax.com/

ABOUT ALLIED ELECTRONICS, INC.

When it comes to forecourt integration, no other company has done more for the retail petroleum industry than Allied Electronics, Inc. Allied has provided the major oil, travel plaza, C-store, casino/gaming, and many other markets with new technology for service station automation since 1978.

From a corner store in Tennessee to American military bases overseas, Allied’s core business is supplying best-in-class forecourt solutions. Specifically, Allied Electronics, Inc. proudly manufactures and sells the NeXGen PRIME forecourt controller.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations, such as statements in this press release regarding our financial outlook, future business prospects and the impact of recent acquisitions or partnerships published by the Company. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on March 9, 2026 (our “Annual Report”). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

PUBLIC RELATIONS CONTACT

Scott Gamm

Strategy Voice Associates

Scott@strategyvoiceassociates.com

INVESTOR RELATIONS CONTACT

Aaron Greenberg

Chief Strategy Officer

IR@nayax.com

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