• Mullen Automotive recently brought all of its EV products and brands together under one strong and unified identity — Bollinger Innovations.
• The pivot to one commercial EV brand comes amid mounting demand for electrification in delivery, logistics and municipal vehicle fleets.
• The company’s new identity is also trading under new Nasdaq stock symbol NASDAQ: BINI.
• The company’s move under one brand clarifies market positioning, creating cohesion across product lines ready to service the commercial vehicle industry.

Bollinger Innovations (NASDAQ: BINI), formerly known as Mullen Automotive, has completed a major corporate transformation, officially rebranding and switching its NASDAQ ticker from MULN to BINI (https://ibn.fm/2bEWf). The updated identity aligns the company’s commercial electric vehicle (“EV”) offerings, including its Class 1 cargo van and Class 3 and 4 cab chassis trucks, under the unified Bollinger brand and emphasizes its commitment to serving the U.S. commercial mobility market with domestically manufactured EVs.

Bollinger Innovations is building the next-generation commercial EVs in Tunica, Mississippi, offering California Air Resources Board (“CARB”) and EPA certified models: the Urban Delivery ONE EV cargo van (Class 1), the Urban Utility THREE EV cab chassis truck (Class 3) and the Bollinger B4 all-electric cab chassis truck (Class 4). These commercial EVs are available for purchase throughout the United States.

“Our transition to Bollinger Innovation goes beyond a simple name change,” said CEO and chairman David Michery. “We are bringing our products and brands together under one strong and unified identity, ready to service the commercial vehicle industry.”

The pivot toward commercial EVs comes amid mounting demand for electrification in delivery, logistics and municipal vehicle fleets. While passenger EV sales rose sharply, with global electric car sales expected to exceed 20 million units in 2025 and more than 20% market share (https://ibn.fm/XqmoM), commercial EV adoption remains nascent, accounting for an estimated 2% of U.S. commercial vehicle sales as of 2023 (https://ibn.fm/MynoT). Industry sources estimate that commercial fleets contribute disproportionately to urban emissions, and electrification is seen as essential to meeting decarbonization targets.

U.S. automakers are accelerating domestic EV production: In Detroit, GM recently pledged $4 billion toward U.S. manufacturing expansion through 2027, including EV assembly at Factory ZERO and new battery facilities (https://ibn.fm/aKKeb). The United States remains a net importer of electric cars and trucks, highlighting both vulnerability and opportunity in domestic supply chain reshoring (https://ibn.fm/3tJe8). With this in mind, Bollinger Innovations’ control over its commercial EVs, certification and U.S.-based production positions it to compete directly in strategic fleet electrification initiatives.

The company’s new identity consolidates all commercial vehicle lines under one brand, clarifying market positioning and creating operational cohesion across product lines. Though stockholders were not required to take any action, the rebranding signals an important turning point, from a broader EV vision under Mullen to a focused execution on Class 1, 3 and 4 commercial platforms built in America. Bollinger’s models are positioned for use by last mile delivery firms, municipal fleets and specialist vocational upfitters, aligning with increasing standards for zero-emission vehicles in cities and states.

Commercial EV sales in the United States are forecast to scale rapidly, driven by policy mandates, corporate ESG targets and rising consumer expectation, which creates a significant addressable market for Bollinger. While commercial EVs remain just over 2% of the U.S. market currently, they are expected to grow sharply in coming years to reach parity with passenger EV expansion trends (Rabobank). For Bollinger, with vehicles already CARB and EPA certified and ready for deployment, the potential opportunity in fleet electrification is immediate and backed by American-made manufacturing that could qualify for incentives under IRA domestic content rules.

The rebrand also follows a complex corporate history. Mullen acquired controlling interest in Bollinger Motors in 2022, retaining and integrating Bollinger’s commercial platform and dealer network, which now comprises more than 50 dealer locations across the country and supports the company’s entry into commercial EV sales. This strategic continuity underscores the company’s long-term commitment to delivering commercial EVs at scale.

Bollinger Innovations enters the next phase with full U.S. assembly, certified products and a clear brand narrative grounded in commercial fleet electrification. With growing regulatory momentum behind domestic EV manufacturing and heavy-duty vehicle electrification, the company’s timing appears well-aligned with national infrastructure goals.

For more information, visit www.BollingerEV.com.

NOTE TO INVESTORS: The latest news and updates relating to BINI are available in the company’s newsroom at https://ibn.fm/BINI

• Two newly issued patents mark a strategic advancement in HeartBeam’s proprietary technology.
• The first patent protects the company’s credit card–sized, cable-free 3D ECG device designed to capture high-fidelity electrical signals from three noncoplanar directions.
• The second patent covers the company’s rhythm analysis algorithm by continuously analyzing signal input.

HeartBeam (NASDAQ: BEAT), a cardiac technology company, has secured two new U.S. patents that significantly enhance its intellectual property portfolio and strengthen its position in cardiac monitoring technology (https://ibn.fm/6xni4). The company, focused on delivering powerful, personalized insights into heart health through its innovative 3D ECG platform, now holds more than 20 U.S. and international patents, with additional applications pending.

The newly issued patents mark a strategic advancement in HeartBeam’s proprietary technology. The first patent protects the company’s credit card–sized, cable-free 3D ECG device designed to capture high-fidelity electrical signals from chest and finger electrodes in three noncoplanar directions. This portable device enables users to record their cardiac symptoms in real-time and synthesizes the recordings into a familiar 12-lead ECG reading through a personalized transformational matrix. The 12-led ECG synthesis software is now under FDA review, supported by data from the VALID-ECG pivotal study (https://ibn.fm/flaAR).

The second patent covers the company’s rhythm analysis algorithm, which classifies heart rhythms such as sinus rhythm, atrial fibrillation and other arrhythmias, by continuously analyzing signal input. Designed for integration with any cardiac monitoring system, including wearables, it provides on-device, risk-based escalation by detecting anomalies and prompting users to record high-fidelity 3D ECG signals for 12-lead synthesis. HeartBeam plans to submit the rhythm analysis algorithm for FDA clearance in the future.

“HeartBeam’s vision is to make it easier for patients and physicians to monitor and diagnose cardiac symptoms outside of a medical facility,” said HeartBeam CEO Robert Eno. “The new patents add to our growing IP portfolio, enabling us to expand the reach and impact of our groundbreaking 3D ECG technology as we strive to transform the future of cardiac care.”

These patents significantly bolster the defensive moat around HeartBeam’s core technology, enabling future product extensions in areas such as AI-driven arrhythmia classification and ischemia detection. Their addition brings the company’s IP holdings to more than 20 issued U.S. and international patents, 2 allowed patents and 32 pending applications.

BEAT’s platform centers on its proprietary 3D ECG technology, which collects the heart’s electrical signals in three distinct noncoplanar directions and transforms those signals into synthesized 12-lead ECGs. This platform technology is designed for use in a range of form factors, including credit card–sized monitors, extended-wear patches and wrist-worn devices. This transformative approach empowers physicians to monitor patients remotely and direct them to appropriate care outside traditional medical facilities.

HeartBeam’s broadened patent portfolio may strengthen investor confidence by positioning the company securely in a highly competitive medical device landscape. A robust IP framework is a critical asset in the system of portable devices aimed at transforming cardiac care delivery. As HeartBeam moves toward broader clinical adoption and regulatory milestones, the two newly issued patents offer added protection and commercialization leverage. They lay the groundwork for future enhancements while strengthening partnerships and facilitating market access.

For more information, visit HeartBeam.com.

NOTE TO INVESTORS: The latest news and updates relating to BEAT are available in the company’s newsroom at https://ibn.fm/BEAT

• Recent White House announcements with EU and Japan outline tariff guidelines, investment commitments.
• The confluence of trade policy and industrial investment creates a strategic trade windfall for U.S. critical minerals. 
• Ucore’s proprietary RapidSX technology offers a compelling supply chain solution.

Recent trade agreements with the European Union and Japan are unlocking massive investment that could reshape U.S. manufacturing, particularly for critical components such as permanent magnet materials. Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) and its RapidSX(TM) separation technology are strategically positioned to become the North American gatekeeper for magnet-grade rare earth oxides under this new industrial paradigm.

Under President Donald Trump’s newly negotiated framework with the EU, a baseline 15% tariff applies to most imports, but the EU also pledged up to $1.15 trillion in investment and U.S. energy purchases by 2028 (https://ibn.fm/zY7Ph). A similar pact with Japan sets comparable tariffs and commits $550 billion in investment back into the U.S. economy (https://ibn.fm/Cizj2). These moves are designed to accelerate domestic production in sectors such as electric vehicles (“EVs”), wind turbines and defense systems.

While higher import duties shield domestic industry, the accompanying capital inflow is drawing OEMs to scale operations stateside, but they now urgently require a homegrown source of reliable heavy rare earth elements (“HREE”). This is where Ucore’s proprietary RapidSX technology offers a compelling supply chain solution. RapidSX can separate HREE oxides about three times faster than conventional solvent extraction and uses only one-third the physical footprint (https://ibn.fm/aCYgH). Ucore’s Louisiana Strategic Metals Complex (“SMC”) in Alexandria is slated to begin commercial feedstock production in 2026, supplying magnet-grade neodymium, praseodymium, terbium and dysprosium, all tariff-insulated by virtue of onshore U.S. production.

Meanwhile, Ucore’s RapidSX demonstration facility in Kingston, Ontario, has already completed commissioning and is actively processing multiple feedstock sources for OEM qualification (https://ibn.fm/BGFhM). The Kingston plant is critical in de-risking scale-up by producing sample batches for metalizers and alloy companies. This gives EU and Japanese investors seeking near-term, tariff-free supply chains a tangible asset in the rare earth supply equation, anchored by RapidSX’s ability to deliver purity at speed with minimal environmental impact.

The confluence of trade policy and industrial investment creates a strategic trade windfall for U.S. critical minerals. With $1.15 trillion in EU commitments and $550 billion from Japan coalescing under the new tariffs framework, domestic OEMs in EV and renewable energy sectors are compelled to localize magnet material sourcing. Ucore is ready to meet that demand, delivering high-grade REE feedstock from its Louisiana SMC, powered by RapidSX technology that offers superior throughput, smaller environmental footprint and faster implementation.

Beyond its industrial advantage, Ucore has aligned federal and defense interest behind its plans. The U.S. Department of Defense previously awarded phase 2 project funding totaling $18.4 million for construction and equipment procurement for the Louisiana SMC, a testament to the technology’s importance to national security supply chains. Ucore’s public groundbreaking earlier this year drew in support from Louisiana state authorities, regional economic development groups and the DoD, underscoring the facility’s role as a strategic hub in the domestic rare-earth ecosystem (https://ibn.fm/7I0t5).

With the demonstration plant de-risking feedstock and OEM qualifications already underway, Ucore is positioned not only as an REE separator but as a strategic industrial partner in rebuilding North American critical minerals independence at the nexus of trade policy, clean tech demand and defense security.

For more information, visit www.Ucore.com.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

• AI Maverick’s next-gen platform can replicate human-like sales conversations—handling prospecting, objections, and scheduling with no SDR required
• Recent rollout includes adaptive language models, real-time buying signal detection, and multi-step consultative selling automation
• Company rebrand reflects shift from biotech to AI-led customer acquisition across sectors like healthcare, transportation, and insurance

In a world where sales teams are expected to scale faster than ever, often with fewer resources, the rise of intelligent automation platforms is beginning to redefine how companies engage with prospects. For years, sales development representatives (“SDRs”) have filled the gap between marketing and revenue, conducting outreach, asking discovery questions, and teeing up calls for closers. But as labor shortages, high turnover, and inconsistent outreach quality plague well-funded organizations, a new breed of AI solutions is emerging to address these challenges head-on.

Rather than merely generating leads or surfacing intent signals, today’s most advanced AI platforms are starting to simulate the entire early-stage sales process: researching contacts, reaching out on the right channel at the right time, and responding in real-time with human-quality dialogue. These tools aren’t science fiction; they’re being deployed now. One of the companies leading this transformation is AI Maverick Intel (OTCID: BINP).

From Pharma Roots to AI-Led Sales Automation

Formerly known as Bionoid Pharma Inc., the company officially rebranded as AI Maverick Intel in May 2025, reflecting a strategic shift away from biotech and toward artificial intelligence-powered business solutions. The pivot coincided with the acquisition of a proprietary AI engagement platform, also called AI Maverick, that now serves as the company’s core offering.

CEO Wayne Cockburn noted that the rebrand was not just a name change but a full transformation in mission, “Our evolution into AI Maverick Intel, Inc. signifies our dedication to pioneering AI technologies that drive meaningful engagement and sustainable growth.”

The company’s platform, which leverages intelligent two-way communication, enables clients to acquire customers with far greater efficiency. It’s already seeing traction in high-touch verticals such as healthcare, insurance, transportation, and biotech, sectors where early outreach has traditionally required specialized, trained reps.

By eliminating traditional friction in the outreach process, AI Maverick Intel empowers organizations to connect with target audiences at scale. Its automation-first model positions the company to capitalize on the growing AI-in-marketing sector, which is projected to reach $82.23 billion by 2030. With intelligent engagement at its core, AI Maverick is redefining how businesses build relationships, drive growth, and unlock value across the customer lifecycle.

The New Prospecting Engine: Built for Scale, Without the Headcount

In its most significant update to date, AI Maverick Intel launched a next-generation prospecting engine in July 2025, designed to eliminate the need for SDR teams altogether. The release is more than a tool; it’s a comprehensive suite capable of replicating entire segments of the sales pipeline.

Key features include:

• Comprehensive contact intelligence – Merging structured and unstructured data to build rich contact profiles that include job changes, buying signals, and preferences
• Context-aware outreach – Language models that tailor timing, tone, and channel for each interaction, allowing the system to manage both transactional and consultative outreach
• Conversational handling – Built-in responses for objections, follow-up questions, and meeting scheduling

This approach moves beyond typical automation tools. “By managing discovery questions, objections, and next-step scheduling, the platform now addresses the consultative side of selling,” Cockburn explained. “In industries where meaningful conversations are critical, automating those interactions can accelerate deal flow and reduce acquisition costs.”

Replicating the Human Sales Funnel, End-to-End

What sets AI Maverick apart is its ability to serve both transactional and relationship-driven sales motions. The platform is equipped to handle:

• Transactional sales, such as renewals, reorders, or quick quote generation, entirely through AI
• Consultative sales, involving multi-step dialogues, tailored recommendations, and needs analysis

The AI is trained not just to send messages but to carry out actual conversations that would traditionally require an experienced sales rep. And with deployment times reportedly under one business day, companies can begin realizing ROI almost immediately.

Name Change Finalized, New Identity Taking Shape

The transformation is now formalized on paper as well. As of late May, Delaware approved the company’s name change from Bionoid Pharma Inc. to AI Maverick Intel, Inc., and the company has filed the necessary paperwork with FINRA for a ticker update. Once approved, the OTC Markets will reflect the new name and direction, aligning its public market identity with its operational focus.

Cockburn noted, “This milestone moves us one step closer to fully implementing the AI Maverick vision. We’re unlocking new opportunities to scale our platform and partner with innovators across AI, biotech, and digital health.”

Positioned for the AI-Led Future of Revenue Ops

The timing for AI Maverick’s strategic repositioning couldn’t be more relevant. As companies reevaluate how they allocate headcount and budget for customer acquisition, the demand for scalable, AI-powered outreach is only rising. With its fully developed platform, AI Maverick is targeting a multi-billion-dollar opportunity in sales tech, especially within verticals underserved by traditional CRMs or outreach platforms.

Moreover, AI Maverick’s value proposition, automating meaningful sales conversations without human reps, offers not just cost savings, but the possibility of scaling revenue pipelines far faster than traditional hiring allows.

As more companies explore whether AI cannot just assist, but replace portions of their sales process, AI Maverick Intel is already operating in that future.

For more information, visit www.AIMaverickIntel.com.

NOTE TO INVESTORS: The latest news and updates relating to BINP are available in the company’s newsroom at ibn.fm/BINP

• FDA approval is a powerful inflection point in the lifecycle of any biopharmaceutical company 
• Nutriband’s recent 25% preferred stock dividend uniquely ties shareholder reward to regulatory achievement
• CEO notes that “core goal is to continue to create value for our shareholders particularly as we near closer to the commercialization of AVERSA(TM) Fentanyl”

Obtaining approval from the U.S. Food and Drug Administration (“FDA”) is a monumental achievement for any biopharmaceutical company, serving as a critical validation of a drug’s safety and efficacy. This rigorous process is a cornerstone of public health, ensuring that only treatments proven to be beneficial and with acceptable risks reach patients. Recognizing the immense value this milestone represents, Nutriband (NASDAQ: NTRB) recently underscored its commitment to this pathway by announcing a 25% preferred stock dividend as the company targets filing for FDA approval for its lead product, AVERSA(TM) Fentanyl (https://ibn.fm/8FRUA).

FDA approval is a powerful inflection point in the lifecycle of any biopharmaceutical company. Recent research published in “Drug Discovery Today” examined biotech firms that received FDA Fast Track designation between 2019 and 2020 and found average cumulative abnormal returns (“CAR”) of 21.6% over five days, 38.3% over 30 days, 76.6% after one year, and an impressive 111% over three years, highlighting the long-term investor confidence triggered by regulatory milestones (https://ibn.fm/L51Jp).

Approval not only unlocks revenue streams, but it also legitimizes a company’s technology in the eyes of regulators, insurers and prescribers and can play a crucial role in facilitating downstream opportunities such as commercial manufacturing partnerships and product integration into healthcare systems. For Nutriband, whose Aversa technology integrates aversive agents into fentanyl patches to deter abuse, approval is indispensable for scaling manufacturing agreements, similar to the one it currently has with Kindeva Drug Delivery (https://ibn.fm/3YRfX), and executing its business plan. Additionally, approved status is often the trigger for a variety of financing mechanisms, from venture rounds to licensing deals. offering new capital and strategic flexibility. 

Nutriband’s recent 25% preferred stock dividend — one preferred share for every four common shares held, with a record date of July 25 and payment scheduled for August 5 — uniquely ties shareholder reward to regulatory achievement. These preferred shares will automatically convert into common stock upon FDA approval of Aversa. If not converted, they will yield annual cash dividends tied to company profitability, reinforcing Nutriband’s pledge to distributor shareholder value. 

“Our core goal is to continue to create value for our shareholders particularly as we near closer to the commercialization of AVERSA(TM) Fentanyl,” said Nutriband CEO Gareth Sheridan. “We recently highlighted our commercialization manufacturing process scale up with Kindeva, and we are now laser focused on finalizing our development pathway to FDA approval.”

Founded with a focus on abuse-deterrent transdermal patches, Nutriband has progressed major milestones swiftly. The company’s Aversa patch incorporates aversive agents into fentanyl patches to prevent misuse and accidental exposure. The company has built a global IP protection strategy, securing patents across the United States, Europe, Asia and Australia. With commercialization manufacturing scaled up in collaboration with Kindeva, Nutriband is poised for submission to the FDA, potentially initiating a transition that would unlock major revenue opportunities. A preferred dividend tied to FDA approval crystallizes the company’s dual aim: incentivize shareholders now while targeting near-term regulatory proof points.

With its innovative technology, robust IP, scaled manufacturing plan and shareholder-friendly dividend structure, Nutriband is crafting a compelling narrative for the biotech world —and Wall Street. As other biotechs recalibrate their financial structures to support milestone-focused value delivery, Nutriband has taken an early lead. 

For more information, visit the company’s website at www.Nutriband.com.

NOTE TO INVESTORS: The latest news and updates relating to NTRB are available in the company’s newsroom at https://ibn.fm/NTRB

• The company will participate in the U.S. Army’s CFWE-M 2026 modernization experiment at Fort Benning, where it will showcase its SpotlightAI(TM) platform.
• SpotlightAI detects explosive threats from drone imagery in near real-time. It has been trained on over 1.6 million drone images from Ukraine and has identified more than 28,000 threats to date.
• The company is working to integrate the system into the Army’s TAK ecosystem to deliver instant alerts to soldier-carried devices.
• Safe Pro leverages off-the-shelf drones combined with its patented AI to reduce the risk and time required for explosive threat detection.

Safe Pro Group (NASDAQ: SPAI), an emerging provider of AI-powered security and threat detection solutions, will demonstrate its drone-based artificial intelligence tools during the U.S. Army’s 2026 Concept Focused Warfighting Experiment Maneuver (“CFWE-M”), scheduled for March and April 2026 at Fort Benning, Georgia (https://ibn.fm/CfLw3).

The event, hosted by the Army Futures Command (“AFC”), is part of the service’s broader push to modernize small unit capabilities. Established in 2018, the AFC is charged with ensuring the Army remains competitive in a rapidly evolving military technology landscape. CFWE-M supports small unit modernization by providing Army collaboration opportunity to Cross Function Teams (“CFT”), Centers of Excellence (“CoE”) capability developers, Science and Technology (“S&T”) community, and industry representatives.

Safe Pro will use the opportunity to present its SpotlightAI(TM) system, a patented platform that rapidly processes drone imagery using AI and computer vision to detect and classify over 150 types of landmines and unexploded ordnance (“UXO”). According to Safe Pro’s announcement, the tool analyzes each image in less than a second, providing fast and accurate threat explosive identification capabilities.

The company’s selection for CFWE-M builds on nearly three years of real-world data gathered in Ukraine. There, Safe Pro has analyzed more than 1.66 million high-resolution drone images, identifying over 28,000 threats across more than 6,700 hectares. This real-world dataset has helped improve the accuracy and reliability of its detection algorithms.

“We are honored to be selected to participate in this important Army event to demonstrate how our battle-tested AI technology enhances modern force protection,” said Dan Erdberg, chairman and CEO of Safe Pro Group. “As drone warfare continues to evolve, we are well positioned to provide the warfighter with novel algorithms producing rapid, actionable intelligence on the battlefield.” 

Participation in the CFWE-MA is one of a number of efforts the company is taking as it seeks to penetrate the U.S. Department of Defense where it is working to integrate with the U.S. Army’s Android Tactical Assault Kit (“ATAK”) platform. ATAK is widely deployed across the military and allows soldiers to share geospatial and threat data through mobile devices. Safe Pro’s AI-powered alerts, generated from drone footage, can be relayed across this network, reaching soldiers and vehicle systems equipped with ATAK-connected hardware.

The Company’s solution uses commercially available, off-the-shelf drones, making the technology more accessible and cost-efficient than custom hardware-based systems. Once the drone imagery is collected, Safe Pro’s machine learning algorithms scan the data to detect threats in real time before feeding alerts into defense communications platforms like ATAK. Utilizing a cloud-based environment, powered by Amazon Web Services (“AWS”), Safe Pro’s system can create realistic 2D and interactive 3D maps highlighting objects of interest to provide valuable insights for mission planning and force protection.

Beyond military applications, Safe Pro says it is targeting law enforcement, humanitarian response, and homeland security markets. Its platforms, including AI-powered computer vision technology for situational awareness also include Airborne Response for drone-based services for critical infrastructure and law enforcement, that operates as part of a broader defense ecosystem that also includes ballistic protective gear under the Safe-Pro USA brand.

For more information, visit the company’s website at www.SafeProGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to SPAI are available in the company’s newsroom at https://ibn.fm/SPAI

• Trilogy Metals holds a 50% interest in the UKMP, a 471,796-acre (190,929-hectare) land package hosting two high-grade undeveloped copper deposits.
• The Arctic Project delivers robust feasibility-stage economics with an after-tax NPV of $1.1 billion and grades exceeding 4% copper equivalent.
• The adjacent Bornite Project contains 6.5 billion pounds of inferred copper and can extend the district’s mine life to over 30 years.
• Trilogy benefits from strategic partnerships with South32, NANA Regional Corporation, and the State of Alaska, bolstering its financial strength and permitting outlook.
• The company operates in a top-tier jurisdiction for mining investment and is led by a seasoned executive team with decades of industry experience.

Trilogy Metals (NYSE American: TMQ) (TSX: TMQ) is a North American mineral exploration and development company focused on advancing high-grade copper and critical mineral assets in Alaska. The company operates through Ambler Metals LLC, a 50/50 joint venture with South32 Ltd., and is progressing one of the world’s most prospective undeveloped polymetallic districts.

Trilogy is uniquely positioned with exposure to copper, zinc, lead, cobalt, silver, and gold—commodities vital to global electrification and energy transition. Its vision is to responsibly develop the Ambler Mining District into a premier domestic source of critical minerals while delivering long-term value to shareholders and local communities.

The company is guided by values of trust, respect, integrity, and partnership, and works closely with Alaska Native stakeholders to advance its strategy in a sustainable and inclusive manner.

Projects

Arctic Project

The Arctic project is Trilogy’s flagship asset and one of the highest-grade known copper deposits in the world, with an average grade of approximately 5% copper equivalent. Located roughly 470 kilometers northwest of Fairbanks, Alaska, Arctic is a volcanogenic massive sulphide (“VMS”) deposit hosting copper, zinc, lead, gold, and silver. The project is at the feasibility stage and is currently undergoing permitting activities.

According to the 2023 Feasibility Study, Arctic will support a 10,000 tonne-per-day open-pit mining operation over a 13-year mine life. Based on long-term metal prices of $3.65/lb copper, $1.15/lb zinc, $1.00/lb lead, $1,650/oz gold, and $21.00/oz silver, the project demonstrates a pre-tax NPV8% of $1.5 billion and an IRR of 25.8%. After-tax, the NPV8% is $1.1 billion with a 22.8% IRR. At April 2025 spot metal prices, the after-tax NPV8% increases to $1.9 billion with a 31.1% IRR.

The project’s metallurgy supports high recoveries: 92.1% for copper, 88.5% for zinc, and 61.3% for lead. Life-of-mine payable production is projected to total 1.9 billion pounds of copper, 2.2 billion pounds of zinc, 335 million pounds of lead, 423,000 ounces of gold, and 36 million ounces of silver. Cash costs are expected to average $0.72 per pound of payable copper, with all-in costs estimated at $1.61 per pound.

Bornite Project

Located approximately 25 kilometers southwest of Arctic, the Bornite project is a large-scale carbonate replacement copper deposit with significant upside. According to the 2025 Preliminary Economic Assessment (“PEA”), Bornite is expected to support a 6,000 tonne-per-day underground operation over a 17-year mine life, using re-purposed infrastructure from the Arctic Project.

Bornite contains an estimated 6.5 billion pounds of inferred copper. The PEA outlines pre-tax NPV8% of $552.1 million and IRR of 23.6%, with an after-tax NPV8% of $393.9 million and IRR of 20.0%, based on a copper price of $4.20/lb. Total payable copper production over the life of mine is projected at 1.9 billion pounds.

Bornite’s mineralization occurs in stacked, stratabound zones rich in chalcopyrite, bornite, and chalcocite. A subset of the South Reef zone offers high-grade underground mining potential, further enhancing Bornite’s future optionality.

Exploration Pipeline

The Upper Kobuk Mineral Projects span 471,796 acres and include more than 30 additional mineralized prospects beyond Arctic and Bornite. These lie along two geologically distinct and highly mineralized belts: the Ambler Schist Belt and the Bornite Carbonate Sequence.

The Ambler Schist Belt features multiple VMS-style prospects along its 100-kilometer strike length, including Sunshine, Snow, Nora, Shungnak, and BT. Neighboring deposits like Smucker (“Teck”) and Sun (“Valhalla Metals”) affirm the district’s regional potential. Ten of Trilogy’s VMS prospects have been drill tested with encouraging results.

Meanwhile, the Bornite Carbonate Sequence extends 16 kilometers along the Cosmos Hills and hosts additional targets such as Pardner Hill and Aurora Mountain. These zones show strong signs of copper and cobalt mineralization and were partially tested during the Kennecott era, suggesting significant room for expansion.

Together, these assets form the foundation of a multi-decade development and discovery platform in one of the most prospective undeveloped mining districts in North America.

Market Opportunity

Trilogy Metals is poised to benefit from long-term structural demand for copper and other critical minerals essential to electrification, energy infrastructure, and clean technologies. Copper, in particular, is expected to see major supply shortfalls due to underinvestment and accelerating demand from power grids, EVs, and data centers.

According to a Grand View Research report, the global copper market is projected to grow from $241.88 billion in 2024 to $339.95 billion by 2030, at a CAGR of 6.5%, driven by the energy transition and rising infrastructure investments.

Trilogy’s Arctic and Bornite projects are strategically located in Alaska, a top-tier mining jurisdiction with strong permitting frameworks and growing federal and state-level support, including recent executive orders streamlining approvals for the Ambler Access Project. The company also maintains a $50 million shelf prospectus and an active $25 million ATM equity program to fund future development.

Leadership Team

Tony Giardini, President and Chief Executive Officer, leads Trilogy Metals with extensive executive experience in the mining industry. He previously served as President of Ivanhoe Mines Ltd., and as Executive Vice President and Chief Financial Officer at Kinross Gold Corporation. Earlier in his career, he held senior roles at Placer Dome Inc. and KPMG. Mr. Giardini is both a Chartered Professional Accountant and a Certified Public Accountant.

Elaine M. Sanders, Chief Financial Officer and Corporate Secretary, brings over 25 years of financial and accounting experience to Trilogy. She is responsible for the company’s financial reporting, compliance, and governance functions. Ms. Sanders has overseen multiple financings and exchange listings throughout her career. She holds a Bachelor of Commerce from the University of Alberta and is both a Chartered Professional Accountant and Certified Public Accountant.

Richard Gosse, Vice President, Exploration, is a veteran geologist with 35 years of global exploration experience. He previously led exploration initiatives at Dundee Precious Metals and Ivanhoe Mines Ltd., where he oversaw the discovery efforts at the renowned Oyu Tolgoi copper-gold project in Mongolia. Mr. Gosse holds a B.Sc. in Geology from Queen’s University and an M.Sc. in Mineral Exploration from Imperial College London.

For more information, visit the company’s website at https://trilogymetals.com.

NOTE TO INVESTORS: The latest news and updates relating to TMQ are available in the company’s newsroom at https://ibn.fm/TMQ

• SolarBank Corporation has changed its name to PowerBank Corporation to better align with its expanding clean energy portfolio.
• PowerBank develops solar and battery storage projects in the U.S. and Canada.
• The firm holds a project pipeline exceeding one gigawatt and a built project base of 100 MW.
• A recently announced $100 million financing with CIM Group is set to accelerate U.S. project construction.
• U.S. tax incentives and Canadian contract programs position the company for stable growth and investor appeal.

Disseminated on behalf of PowerBank Corporation

SolarBank Corporation, a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., is now PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a move that underscores the company’s evolving business model and its role in powering the digital economy. The name change, effective July 28, 2025, was approved by shareholders and reflects a strategic shift from a solar-centric identity toward a broader energy infrastructure platform (https://ibn.fm/CDCjI). 

Trading under the same stock tickers, the newly renamed PowerBank Corporation aims to clarify its market position as a provider of diversified clean energy solutions, including solar and battery storage. No changes were made to the company’s share capital, and shareholders are not required to take action. Share certificates remain valid under the new name. The rebranding comes as PowerBank deepens its operations across North America, with an active development pipeline exceeding 1 gigawatt and a built project capacity of over 100 megawatts.

PowerBank’s model includes selling electricity to utilities, municipalities, commercial entities, and residential off-takers through both direct and community solar contracts. The company is also scaling its Battery Energy Storage Systems (“BESS”), enabling it to tap into demand for dispatchable power and grid flexibility.

In the United States, the firm’s growth opportunities remain with the recently enacted “Big Beautiful Bill,” which offers full investment tax credits (“ITCs”) for solar and battery projects that begin construction before July 4, 2026, and come online within four years. This creates a finite window of opportunity for project developers, and PowerBank appears well-positioned to capitalize. CEO Richard Lu said the company has multiple advanced-stage U.S. projects eligible for the ITC benefits, with construction readiness already in motion.

A critical catalyst for near-term growth is the company’s recently announced $100 million project-level financing deal with CIM Group. The funding will support construction of a 97-megawatt U.S. solar portfolio, primarily concentrated in regions where PowerBank already holds permits and interconnection approvals. This arrangement gives the company the financial runway to convert development assets into operating projects, a key milestone for revenue generation and longer-term asset ownership.

PowerBank continues to pursue Canadian opportunities. In Ontario, the firm is advancing battery storage projects through the IESO Long-Term RFP program, which offers 10-year contracts for clean, dispatchable energy. In Nova Scotia, the company holds a sizable share of the province’s Community Solar program, positioning it to participate in both current and upcoming capacity rounds.

For more information, visit the company’s website at https://PowerBankCorp.com/. This report contains forward-looking information. Please refer to the press release entitled “SolarBank Issues Update on Strategic Positioning Amid Shifting U.S. and Canadian Policy Landscape” and dated July 10, 2025, for additional details on the information, risks and assumptions.

NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the Company’s newsroom at https://ibn.fm/SUUN

• Lahontan’s Santa Fe Mine produced 359,202 ounces of gold and 702,067 ounces of silver between 1988-1995 using low-cost heap leach operations, establishing proven mineralization and processing methods
• The current 2-million-ounce resource at cash costs of $1,230 per ounce positions the company for profitable production as gold reaches critical mineral status under the new administration
• Fast-track permitting strategy targeting early 2027 production leverages existing infrastructure and pro-mining regulatory environment in Nevada’s Walker Lane district

The gold mining sector faces a fundamental challenge that extends beyond typical commodity cycles: the increasing difficulty and cost of bringing new mines into production. While gold prices have surged to record levels and mining-friendly policies gain political support, many exploration companies struggle with the lengthy timelines, regulatory complexities, and capital requirements needed to advance greenfield projects from discovery to production.

The reality facing most gold exploration companies is sobering. Moving from initial resource definition to commercial production typically requires 10-15 years, hundreds of millions in development capital, and navigating increasingly complex environmental and permitting processes. Even well-funded projects face significant execution risks, cost overruns, and regulatory delays that can derail production timelines.

This development challenge has created a fundamental disconnect in the gold sector: while investor appetite for gold exposure remains strong and gold prices continue reaching new highs, the pipeline of near-term production opportunities remains limited. Traditional exploration plays, while offering substantial upside potential, require investors to accept lengthy development timelines with uncertain outcomes.

However, a subset of opportunities exists that bypasses many of these traditional development barriers: past-producing mines with established infrastructure, proven processing methods, and existing resource bases that can be rapidly advanced back into production.

That’s exactly the opportunity represented by Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), which controls the Santa Fe Mine project in Nevada’s prolific Walker Lane mineral district.

Proven Production History Reduces Development Risk

Lahontan’s competitive advantage lies in controlling an asset with demonstrated production capabilities rather than theoretical potential. The Santa Fe Mine operated successfully from 1988 to 1995, producing 359,202 ounces of gold and 702,067 ounces of silver through open-pit mining and heap leach processing, the lowest-cost production method available for oxide gold deposits.

The mine’s closure in 1995 resulted purely from economics, as gold prices at $340 per ounce made operations uneconomical. However, the cessation of mining left substantial mineralization in the ground, creating the foundation for Lahontan’s current development strategy.

This production history provides multiple advantages over greenfield exploration projects. The processing methods are proven and understood, eliminating metallurgical risk that plagues many development projects. The infrastructure requirements are well-defined based on previous operations. Most importantly, the regulatory framework already exists, as the site operated under previous mining permits.

“We have enough to have mine again now and we’re fast tracking it,” noted CEO Kimberly Ann during a recent interview. “We started this process about two and a half years ago because we all know permitting takes a long time. We need to do it responsibly. We’re now deep in the weeds of it and we’ll be breaking ground in early 2027, if not sooner.”

Low-Cost Operations Enable Profitable Production

Lahontan’s current resource estimate of 2 million ounces provides substantial mine life potential, particularly when combined with the company’s projected cash costs of $1,230 per ounce. These operating costs position the Santa Fe Mine among Nevada’s most efficient operations, competing directly with major producers like Nevada Gold Mines.

The economic advantages stem from the heap leach processing method, which represents the most cost-effective approach for oxide gold deposits. Unlike more complex processing methods requiring substantial infrastructure investment, heap leach operations can be implemented with relatively modest capital requirements while maintaining strong recovery rates.

CEO Kimberly Ann brings a unique perspective to mine development through her leadership in business and marketing, combining experience across multiple industries with specific mining expertise gained through past successes. helping lead Prodigy Gold’s growth from an $18 million market cap to a $340 million sale in just 25 months – demonstrating her ability to build value and execute strategic growth.

“I’m not emotional about it. I’m not in love with the project. I’m not thinking of anything but making money and making the company successful,” she explained. “It’s really about making money, and I think a lot of CEOs with technical backgrounds in the mining space get too in love with their projects and forget what we’re all doing in this business.”

Strategic Timing Leverages Favorable Market Conditions

Lahontan’s development timeline aligns with increasingly favorable conditions for domestic gold production. Gold’s recent inclusion on the U.S. Critical Minerals List opens new funding opportunities while supporting the strategic importance of domestic gold production. The pro-mining stance of the current administration has already demonstrated potential for accelerated permitting timelines.

The company’s Nevada location provides additional advantages through the state’s mining-friendly regulatory environment and established infrastructure. Nevada produces approximately 75% of U.S. gold output, creating a supportive ecosystem of services, expertise, and regulatory familiarity that benefits mining operations.

Beyond the Santa Fe Mine, Lahontan controls additional projects in the Walker Lane district, including West Santa Fe located just 13 kilometers from the main operation. This proximity enables potential processing synergies, where additional resources can be transported to the Santa Fe processing facility, minimizing development costs for satellite deposits.

Financial Structure Supports Near-Term Production Goals

Lahontan’s financial strategy reflects CEO Kimberly Ann’s experience in both mining operations and project financing. Her background working with a $5 billion debt fund provides insight into the capital requirements and structuring needed for mine development.

“Getting to find a hundred million dollars to build this makes me giddy, because that’s just like the fun part for me,” she noted, highlighting her confidence in securing development financing. The company’s approach focuses on non-dilutive debt financing, leveraging the project’s strong economics and low-risk profile to attract institutional capital.

The short payback period projected for the Santa Fe Mine supports debt financing rather than equity dilution, preserving shareholder value while providing adequate capital for development. This financial structure aligns with industry best practices for past-producing mines with established economics.

Market Positioning for Production Growth

Lahontan’s positioning as a near-term gold producer in a mining-friendly jurisdiction with proven assets addresses key investor priorities in the current market environment. As gold prices remain elevated and domestic production gains strategic importance, past-producing mines offer compelling risk-adjusted returns compared to early-stage exploration plays.

The company focus on operational efficiency, proven processing methods, and strategic timing positions Lahontan to capitalize on favorable gold market conditions while minimizing development risks associated with greenfield projects.

With permitting progressing and production targeted for early 2027, Lahontan represents a compelling opportunity for investors seeking exposure to near-term gold production with established operational parameters and favorable economic projections.

For more information, visit the company’s website at www.LahontanGoldCorp.com. 

NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the Company’s newsroom at ibn.fm/LGCXF

• Canadian-based ESGold is preparing to begin a tailings cleanup and reuse operation at its Montauban historic mine site holdings, with plans to generate revenues that can eventually be invested in new exploration at the site without dependence on market funding
• ESGold recently announced the results of a non-invasive Ambient Noise Tomography (ANT) survey at the site, which identified several significant genetic and structural similarities with the globally renowned Broken Hill deposit in New South Wales, Australia
• The analogues between Montauban and Broken Hill strengthen ESGold’s theory that exploration potential remains open at depth both vertically and laterally for a polymetallic deposit, reinforcing the company’s evolving view of Montauban as a structurally complex, vertically continuous mineral system
• The near-term tailings reuse cash flow strategy is expected to generate $350 million during the first few years of operation

Sustainable gold mining innovator ESGold (CSE: ESAU) (OTCQB: ESAUF) is reporting the excitement over findings that its Montauban recovery site in Quebec, Canada, shows significant similarities with a globally renowned metal deposit in Australia — shifting Montauban from classification as a simple historic producer to a high-impact exploration opportunity. 

The company’s Ambient Noise Tomography (ANT) survey produced seismic imaging results that support ESGold’s theory that the gold and silver mine site covering 13,116 hectares (about 32,410 acres) west of Quebec’s capital city shares significant genetic and structural similarities with the globally renowned Broken Hill deposit in New South Wales, Australia. 

“We are now combining academic research with advanced imaging and historical data to build an exploration plan that could unlock something far greater than originally envisioned,” ESGold CEO Gordon Robb stated in the company’s July 24 news release (https://ibn.fm/ZXNsW). “We are finding Montauban to be far more geologically complex and promising than previously understood.”

Australia’s Broken Hill ore deposit has emerged as arguably the world’s richest and largest zinc-lead ore deposit and historically a producer of silver and gold since its discovery in the 1800s (https://ibn.fm/GPsSK).

Two peer-reviewed academic studies conducted by the University of Calgary (U of C) (https://ibn.fm/5zQzL) and the University of British Columbia (UBC) (https://ibn.fm/D89Uh) demonstrate that “prograde hydrothermal activity and sulphide melting during amphibolite-grade metamorphism led to gold and silver remobilization into wall rock zones” and that “three key remobilization mechanisms — prograde hydrothermal activity, sulphide melting, and mechanical deformation — collectively contributed to the formation of stacked, vertically persistent sulphide lenses within the deposit.”

Identification of these processes significantly expanded the exploration footprint for gold and silver redistribution and thickening of sulphides at fold hinges. 

The non-invasive ANT survey conducted by Caur Technologies at Montauban in July (https://ibn.fm/pLpiZ) delivered findings that support the remobilization and vertical stacking model identified at Broken Hill in the University of Calgary study, as well as the presence of hydrothermal pathways, melt-fluid interactions, and deformation structures described in the UBC study, identifying Montauban as a polymetallic system analogous to Broken Hill, although ESGold acknowledges many steps remain to be completed before confirming this theory. 

Exploration at the site remains a long-term goal for the company. ESGold’s near-term strategy is to generate revenue through a tailings cleanup operation at the site that is expected to generate profitable gold, silver and mica recovery. 

“We have the capacity to generate on our first four, five years, close to $350 million on this low-hanging fruit (the tailings mineral cleanup and reuse), with almost zero cost,” Chief Operating Officer and former CEO Paul Mastantuono said last month during an interview with the Exploring Mining Podcast.

“We’re not just exploring first and going down the same path that most exploration companies do,” new CEO Gordon Robb said during a recent interview with the podcast (https://ibn.fm/hquQq). “That is why ESGold is so exciting to me, is we are fully permitted. We are very close to production — we have a mill onsite, we have tailings piles that are ready to be processed, and we just have a few more steps to get there to start producing, be cash-flow positive and then funnel that money into exploration, where we don’t need to go to the market with our hand out.” 

For more information, visit the company’s website at https://esgold.com.

NOTE TO INVESTORS: The latest news and updates relating to ESAUF are available in the company’s newsroom at https://ibn.fm/ESAUF