• Sports.com has surpassed 45 million cumulative live-stream views since launch, fueled by expanding motorsport coverage and global football partnerships
• Driver Jorden Dolischka became the first woman ever to reach the podium in Gulf Radical Cup history
• The company secured title sponsorship of Soccerex Miami 2025, placing Sports.com alongside elite clubs and global football leaders ahead of the 2026 FIFA World Cup

In an entertainment market dominated by endlessly expanding archives, a different form of content is proving more durable and harder to replicate live competition. Unlike recorded programming, live sports draw audiences at the exact moment events unfold, creating concentrated engagement windows and highly predictable monetization opportunities. For companies that can combine rights acquisition, production infrastructure, and global distribution, the economics of live streaming offer a powerful alternative to algorithm-driven platforms. SEGG Media (NASDAQ: SEGG, LTRYW) is building its strategy around that premise, expanding across motorsport, football and emerging live-event formats, where traditional broadcasters have yet to establish dominance.

Motorsport as a Scalable Proving Ground

In November of this year, Racing Women drivers Jorden Dolischka and Léna Galyó competed in Round 1 of the Gulf Radical Cup at Abu Dhabi’s Yas Marina Circuit, the same course used for Formula One’s season finale. The pair were the only female competitors in a grid of 18 racers. Both posted top 10 in testing, with Dolischka recording the fastest lap of the entire field.

Despite starting from the back of the grid in Saturday’s first sprint race, Dolischka fought through traffic to finish sixth. She followed with a third-place finish in the second sprint, becoming the first woman in Gulf Radical Cup history to reach the podium. Dolischka capped the weekend with a fourth-place finish in Sunday’s endurance race. Galyó, competing in her first solo Radical race, overcame technical setbacks to deliver two top 10 results.

The Sports.com production team streamed the entire Yas Marina weekend live through the Sports.com app and Racing Women’s social channels. Tens of thousands of viewers tuned in, helping push Sports.com’s cumulative live-stream total to more than 45 million views since the platform launched in October. The milestone came only days after the company crossed 30 million views, underscoring sustained expansion rather than single-event spikes.

Dolischka’s podium finish provided concrete evidence that equal machinery produces competitive parity, while validating Sports.com’s value proposition as a global streaming platform for underserved sports categories.

Title Sponsorship Positions Sports.com Within Football’s Global Ecosystem

SEGG Media announced that Sports.com served as Title Sponsor of Soccerex Miami 2025, held November 12-13 at the Miami Beach Convention Center. The sponsorship marked the flagship branding moment of the year for Sports.com and followed earlier partnerships at Soccerex events in Amsterdam and Istanbul.

The Miami conference united executives from top clubs including Liverpool FC, Inter Miami CF, Brentford FC, New York City FC, and multiple MLS organizations. International federations, investors, and strategic advisors gathered to address data analytics, AI adoption, women’s football expansion, and the lead-up to the 2026 FIFA World Cup.

A senior SEGG Media delegation led by Chairman, President & CEO Matthew McGahan attended, with Marc Bircham, Director of Sports.com and Head of Sports Acquisitions, appearing as a featured speaker. The company’s multi-year global agreement with Soccerex embeds Sports.com within the football business ecosystem at a time where global interest is farming up ahead of the World Cup.

Building a Live-First Content Strategy

Within the sports vertical, the company is executing a rights-acquisition and live-production strategy rather than building a traditional library of recorded video.

Alongside motorsport, Sports.com has streamed several Super League Kerala football matches through its app, with engagement rising at each event. The platform’s rapid growth from launch on October 27 to more than 45 million live-stream views by early November indicates expanding global demand for live sports categories underserved by Western broadcasters.

The commercial model for live sports differs from on-demand video: while rights carry fixed costs, successful execution creates recurring audience windows, stronger sponsor alignment, and more predictable revenue opportunities. SEGG Media’s combination of event partnerships, title sponsorships, and in-house production demonstrates a scalable approach to building that ecosystem.

SEGG Media’s strategy is grounded in a straightforward premise: audiences want access to competitive events they cannot find elsewhere, and brands want to appear where attention is most concentrated. The Racing Women podium breakthrough, fast-rising viewership, and global presence at Soccerex collectively indicate that the company is gaining traction in both areas. As Sports.com expands its portfolio of live sports coverage, SEGG Media is positioning itself as a global platform for real-time competition that prioritizes equal opportunity, expanding visibility, and high-engagement viewing experiences.

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

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

Disseminated on behalf of  ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.

• ESGold Corp., an exploration-stage company committed to the acquisition, exploration, and development of high-quality mineral properties worldwide, just announced the partial completion and interpretation of a AI-enhanced 3D model of its flagship project in Québec
• The model revealed continuous, stacked mineralized zones, defining multiple gold and silver-rich sulphide horizons extending beyond historical mine workings
• According to the company’s CEO and Director, Gordon Robb, the metamorphic overprint identified provides the geological backbone to explore Montauban as a true district
• It demonstrates that the property is the nucleus of a potentially much larger gold, silver, and base-metal district

ESGold (CSE: ESAU) (OTCQB: ESAUF), an exploration-stage company committed to acquiring, exploring, and developing high-quality mineral properties worldwide, has announced the partial completion and interpretation of a comprehensive three-dimensional geological model of its flagship Montauban Gold-Silver Project in Québec. This marks a significant milestone for the company, demonstrating that the property is not just a reclamation or redevelopment story, but rather the nucleus of a potentially much larger gold, silver, and base-metal district.

“The Montauban model is the most significant technical milestone in the project’s modern history,” noted ESGold’s CEO and Director, Gordon Robb. “What was once seen as a series of small, isolated deposits now seems to emerge as a continuous multilayered mineral system with dimensions not previously recognized at Montauban,” he added (https://ibn.fm/B3Ml1).

The 3D model revealed continuous, stacked mineralized zones, defining multiple gold and silver-rich sulphide horizons extending beyond historical mine workings. These also aligned with regional fault structures that remain open along strike and at depth. The model also showed structural coherence and scale, with mineralized lenses following predictable structural trends and fold geometries, indicating a large-scale, multi-horizon VMS system typical of mature mining camps such as Broken Hill and Noranda.

In addition, Broken Hill and Millenbach analogues exhibited similar geological architecture, highlighting strong structural competition and gold-silver enrichment, which placed them within the same family of deposit types capable of hosting significant tonnages. ESGold acknowledges that there is no assurance of results as good as, or even similar to, those of analogous deposits. However, its management acknowledges that these results provide the backbone to explore the facility as a true district.

“The continuity of mineralized horizons, structural alignment, and metamorphic overprint identified in this model provide the geological backbone to explore Montauban as a true district,” noted Mr. Robb. “With our cash-flow-ready tailings operation and construction well advanced, we’re uniquely positioned to self-fund exploration across the property and accelerate discovery without excessive dilution,” he added (https://ibn.fm/B3Ml1).

Going forward, ESGold plans to proceed with a property-wide ANT survey, digitize and incorporate historical mine records, develop a systematic exploration and drilling program, and initiate drill permitting. It also appears to be adopting a self-funded discovery model, having already initiated sourcing and procurement of the Merrill-Crowe processing circuit. So far, the company’s near-term cash flow from tailings reprocessing has demonstrated the ability to finance exploration internally, an achievement that minimizes dilution while maximizing discovery leverage.

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

• Forward Industries recently changed the company’s stock ticker from FORD to FWDI.
• The ticker change reflects the company’s strategic focus on being the leading Solana (SOL) treasury, by both acquiring more SOL and increasing SOL-per-share by actively participating in the SOL ecosystem.
• This also follows a number of company milestones including reaching total holdings of over 6.9 million SOL and forming a strong crypto advisory board.

Forward Industries (NASDAQ: FWDI), a Solana (SOL) treasury company, recently changed the company’s NASDAQ ticker symbol from FORD to FWDI (https://ibn.fm/RdFKy).

The move reflects Forward Industries’ focus on the company’s SOL treasury strategy. This strategy primarily concentrates on acquiring more SOL and deploying these assets strategically through a variety of on-chain activities like staking, lending, and participating in decentralized finance (“DeFi”).

By continuing to collect more SOL and participate within the Solana ecosystem, the company also focuses on generating shareholder value.

This ticker symbol change by Forward Industries comes after a series of recent milestones for the company. First, FWDI recently reached 6.9 million in total SOL holdings, with a total cost of around $1.59 billion.

The company also recently formed a crypto advisory board, which features 25 inaugural members who have collective experience in the Solana ecosystem, digital assets, capital markets, and financial services. This board was created to provide strategic advice to the FWDI about the company’s Solana-focused strategy and other blockchain plans.

Forward Industries also announced a $1 billion share repurchase program and filed a Resale Prospectus Supplement, highlighting the company’s dedication and commitment to building shareholder value and belief in the potential of Solana technology.

About Forward Industries Inc. (NASDAQ: FWDI)

Forward Industries is managing and building a large Solana treasury, and is backed by many notable investors in the digital space. The company not only aims to create shareholder value by investing in SOL, but also using it to actively participate in the Solana ecosystem.

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

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

• The Forward Industries (FWDI) Board recently authorized a share repurchase program to allow the company to repurchase up to $1 billion worth of common company stock.
• The company has also filed a Resale Prospectus Supplement, which allows certain named shareholders to resell common stock from time to time.
• According to the Chairman of the Board, Kyle Samani, these moves reflect the company’s commitment to building long-term shareholder value and believes in the potential of Solana technology for capital market applications.

Forward Industries (NASDAQ: FWDI), a company building and managing a large-scale Solana (SOL) treasury, recently authorized a new share repurchase program and filed a Resale Prospectus Supplement (https://ibn.fm/h8hV2) with the U.S. Securities and Exchange Commission (“SEC”).

The share repurchase program permits the company to buy back up to $1 billion of common stock. These repurchases may be made periodically through block trades, open-market purchases, or via transactions that are negotiated privately. Also, all repurchases will comply with Rule 10b-18 of the Securities Exchange Act of 1934. 

FWDI will determine the amount, method, and timing of repurchases based on share price, market conditions, legal requirements, and other considerations. This authorization is set to expire on Sept. 30, 2027. The Resale Prospectus Supplement registers certain shares of FWDI’s common stock which were issued in the company’s recent private placement. The filing allows the named stockholders to resell common stock as described in the filing.

Speaking about these moves, Chairman of the Board, Kyle Samani, said “Today’s announcement reflects our confidence in both Forward Industries’ differentiated strategy and the underlying strength of Solana’s ecosystem,” adding “While the resale registration is a normal post-PIPE process, launching a buyback program alongside it sends a clear message — we are committed to building long-term shareholder value and believe in the potential of Solana technology for capital market applications. The authorization gives us flexibility to return capital to shareholders when we believe our stock trades below intrinsic value, all while continuing to execute our Solana treasury and operational initiatives.”

About Forward Industries (NASDAQ: FWDI)

Forward Industries is a Solana treasury company that’s backed by some of the most influential investors in the digital space. The company’s strategy focuses on creating long-term shareholder value by accumulating SOL and actively participating in the Solana ecosystem by deploying assets through various on-chain opportunities.

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

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

Disseminated on behalf of  MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) and may include paid advertising.

• MAX Power has commenced drilling Canada’s first-ever dedicated natural hydrogen well at its Lawson target along the 475-kilometre Genesis Trend in Saskatchewan.
• The program by MAX Power leverages a land package of approximately 1.3 million acres of permits in Saskatchewan with another 5.7 million acres under application.
• This drilling underlies the company’s belief that natural hydrogen could serve as a domestic, scalable energy feedstock.

A bold new chapter is unfolding in the search for clean energy as MAX Power Mining (CSE: MAXX) (OTC: MAXXF) launches its first deep drilling program for naturally occurring hydrogen, an initiative that could redefine how the energy industry thinks about this critically important element. The company, a mineral exploration firm focused on North America’s transition to decarbonization, is now executing at the frontier of what is known as natural hydrogen, leveraging a vast land position and emerging geological models.

The company has commenced drilling Canada’s first-ever dedicated natural hydrogen well at its Lawson target along the 475-kilometre Genesis Trend in southern Saskatchewan (https://ibn.fm/PbHsZ). The well kicks off a multi-well program targeting what the company describes as the largest permitted natural hydrogen land package in Canada. Lawson drilling is situated near Central Butte and is being carried out by a tele-double rig with the aim of testing a “five-element” play type (source rock, migration pathway, reservoir, seal and trap) believed to be favorable for natural hydrogen accumulations.

The significance of drilling for natural hydrogen lies in its distinct nature: Unlike hydrogen produced via electrolysis or steam methane reforming, natural hydrogen is generated deep within the earth and requires no external energy input or water feedstock, offering a potentially very low-carbon and cost-effective fuel source. Industry commentary indicates that natural hydrogen may emerge as a major new energy vector as industrial decarbonization intensifies (https://ibn.fm/QUfOt).

The program by MAX Power leverages a permitted land package of 1.3 million acres (about 521,000 hectares) in Saskatchewan with another 5.7 million acres under application. The scale of the land position gives MAX Power significant optionality and upside if commercial natural hydrogen accumulations are proven.

“It’s a remarkable achievement for our team to be the first to drill for natural hydrogen in Canada,” said MAX Power CEO Mansoor Jan. “From ideation to execution, every individual involved has brought dedication and expertise to Canada’s first Natural Hydrogen well. It’s a proud moment for all of us leading the charge into this new energy space. For MAX Power we’re now closer than ever in our pursuit of the natural hydrogen molecule, its potential accumulations, and ultimately a commercial discovery.”

This drilling underlies the company’s belief that natural hydrogen could serve as a domestic, scalable energy feedstock. The geology underlying the Genesis Trend features basement structures, salt-barrier seals and complex fluid-flow pathways that the company believes may concentrate hydrogen accumulations. Natural hydrogen’s appeal for heavy industry, power generation, and decarbonization initiatives lies in its ability to act as a clean fuel or feedstock with potentially lower production costs and fewer environmental inputs than traditional hydrogen.

MAX Power has positioned itself as a dynamic first-mover in the sector. Headquartered in Saskatoon, Saskatchewan, the company describes its business as advancing district-scale natural hydrogen exploration, supported by critical minerals opportunities in the United States and Canada (https://ibn.fm/fv9wy). Beyond Lawson, the company has identified additional targets along Genesis, such as Lucky Lake and at the Grasslands Project in the southwest corner of the province and is collaborating with research institutions and government agencies to de-risk the exploration model.

The broader energy landscape adds weight to the relevance of MAX Power’s news. With global efforts to electrify transportation, decarbonize industry and support AI-driven infrastructure growth, the demand for scalable clean energy is rising. According to industry commentary, natural hydrogen is increasingly viewed as a candidate to complement renewable power generation, storage and industrial heat applications. By commencing drilling at Lawson, MAX Power is transitioning from exploration to active field execution, a critical distinction for investors and industry watchers. By combining a major land position with active field programs and deep collaboration across geology, engineering, and regulatory groups, the company is positioned to move quickly in this emerging energy segment.

For more information, visit www.MaxPowerMining.com.

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

• The company completed an oversubscribed $45 million equity financing round anchored by global institutional investors, fully funding its strategic growth initiatives.
• A2Z Cust2Mate is addressing a global smart cart market expected to grow at a 27% CAGR through 2030.
• The company secured a $55 million order from leading Israeli retailer Yochananof in September 2025.
• Retail media monetization is now a core revenue stream, supported by exclusive rights and growing CPM- and commission-based ad sales.
• A2Z maintains a scalable, recurring-revenue model through SaaS, media, and analytics offerings.
• With deployments across four continents and a $25 million+ Latin American order underway, A2Z is positioned for global expansion.

A2Z Cust2Mate Solutions (NASDAQ: AZ) is a global retail technology company focused on redefining how consumers and retailers interact in physical store environments. Through its innovative smart cart platform, the company offers a powerful vehicle for in-store digital engagement and monetization. A2Z’s business model blends hardware, software, retail media and data services to deliver scalable, recurring revenue across multiple layers of the retail value chain.

With a clear vision to unlock the full potential of every in-store shopping journey, A2Z is committed to bridging the gap between digital convenience and physical retail. Its mission centers on transforming routine trips into dynamic experiences that benefit both shoppers and retailers by enhancing satisfaction, loyalty, and operational performance. The company’s growth is supported by strategic deployments, long-term commercial agreements, and a global footprint spanning four continents.

A2Z Cust2Mate is headquartered in Canada, Israel and the United States.

Products

A2Z Cust2Mate’s flagship offering is its smart shopping cart platform, designed to bring the benefits of e-commerce into the brick-and-mortar environment. The Cust2Mate smart cart allows shoppers to scan products, receive personalized offers, and pay directly through the cart—bypassing traditional checkout lines entirely. The system integrates real-time product search, allergen warnings, nutritional data, and location-based promotions, creating a frictionless and engaging shopping experience.

For retailers, the smart cart addresses key pain points such as theft reduction, labor optimization, and shopper engagement at the point of purchase. It provides actionable, data-driven insights that improve operational efficiency and merchandising strategies. Recent commercial results have shown increases of over 15% in purchases per shopper, strong satisfaction ratings, and 75% customer return rates. The platform also supports queue management, loyalty integration, and screen-based advertising, with the ability to retrofit legacy carts using detachable modular control panels.

The company’s operations follow a hybrid revenue model including outright purchases, SaaS-based subscriptions, and recurring fees tied to software, support, and media monetization. Carts are manufactured through Tier 1 contract manufacturers, and scalable financing solutions are in place to support ongoing growth.

In October 2025, the company launched an AI and Business Insights Division to advance artificial intelligence integration across its smart-cart ecosystem. The initiative focuses on generative-AI-powered personalization, retail-media targeting, fraud detection, product recognition, and store optimization, further strengthening A2Z Cust2Mate’s leadership in data-driven retail innovation.

Market Opportunity

A2Z Cust2Mate operates in a rapidly expanding market for smart shopping cart solutions and in-store retail media. According to 360i Research, the global smart shopping cart market is forecast to grow from $2.2 billion in 2024 to $9.7 billion by 2030, representing a 27% CAGR. Simultaneously, the retail-media sector, driven by targeted, point-of-sale advertising, is projected to reach $165 billion by 2025, reflecting an approximate 20% compound annual growth rate.

The company’s monetization strategy is well-aligned with these trends. Under its 2025 agreement with Yochananof, A2Z Cust2Mate gained exclusive rights to monetize digital assets, retail media, and behavioral data generated by its deployed smart carts. Building on that foundation, the company secured multi-year retail-media agreements with Toys “R” Us Israel, The Red Pirate, and Lego, extending advertising campaigns across up to 5,000 smart carts. These partnerships combine cost-per-thousand (“CPM”) advertising with commission-based revenue on completed transactions, providing guaranteed recurring income and validating Cust2Mate’s model as a retail-media and data-monetization platform for global brands.

Additionally, A2Z aims to unlock new revenue streams through a digital cart marketplace, enabling sponsored product placements, third-party app integrations, and basket-based upsells. These capabilities extend the smart cart’s value proposition beyond hardware into data, advertising, and digital commerce, supporting the company’s long-term vision for platform-based growth.

Leadership Team

Bentsur Joseph, Chairman, is a serial entrepreneur with a strong track record in building and expanding successful corporations. He previously served as Chairman of Elad Hotels (part of the Tshuva Group, one of Israel’s largest conglomerates) and held a director position at MARLAZ, a public holding company involved in industrial, real estate, communication, and high-tech sectors. Earlier in his career, he was Operations Manager at Comfy Interactive Movies, a leading publicly traded edutainment company.

Gadi Graus, CEO, brings over 30 years of multidisciplinary business expertise and a proven track record of global leadership. He has deep corporate and commercial experience across international and cross-border practices, supporting high-tech, industrial, and manufacturing firms from startup to multinational levels.

Elkana Porag, Deputy CEO and CTO, has more than 30 years of experience in technology and strategic consulting. He has held senior roles in tech strategy, architecture, and CTO leadership across Fortune 500 companies, global enterprises, and startups. Known for delivering impactful results and navigating complex organizational dynamics, he is highly regarded for his ability to transform innovative technologies into competitive business solutions.

Alan Rootenberg, CFO and Director, is a Chartered Professional Accountant with significant experience as CFO of publicly traded companies on the TSX, TSX Venture Exchange, OTCBB, and CSE. His sector expertise spans mineral exploration, mining, technology, and cannabis. He holds a Bachelor of Commerce from the University of the Witwatersrand in Johannesburg, South Africa, and earned his CPA designation in Ontario, Canada.

For more information, visit the company’s website at https://cust2mate.com.

NOTE TO INVESTORS: The latest news and updates relating to AZ are available in the company’s newsroom at https://ibn.fm/A2Z

• Committed to acquiring companies with strong potential, developing and scaling these assets across a variety of industries
• Among the company’s portfolio is Cadnz, a leading automation platform for the financial services industry
• Recently, the founder and CEO of Cadnz, Imran Riaz, sat down for an interview where he spoke about his vision for Cadnz, as well as how automation, data intelligence, and smart integrations are reshaping digital lending for banks and credit unions in the U.S.

GlobalTech (OTC: GLTK) is a technology holding company that focuses on acquiring and building scalable tech platforms in areas like big data, AI and digital infrastructure. GLTK has the vision of unlocking the full business potential of different assets and looks to leverage the company’s expertise and network to invest in companies with high potential in exponential technologies.

GLTK has core values that include making a positive impact on society and the environment, embracing innovation and always seeking new ways to create value and drive progress, and conducting business with integrity and transparency.

The company’s core business plan consists of aggressively acquiring and collaborating with technology assets, focusing both on operators and tech platforms. It provides companies growth opportunities while giving them access to the capital markets.

Some strategic priorities for GLTK include acquiring companies or products with scalable models, maximizing investor returns, ethically and responsibly innovation, developing a strong talent pipeline, and expanding globally.

Among the platforms in the company’s portfolio is Cadnz, which is a leading automation platform for banks and credit unions. The company can automate everything from compliance, to reporting, to risk management, and more, helping financial institutions boost productivity and streamline operations.

Features of the platform include customized and interactive dashboards, intuitive pipeline management, seamless task management, automated appraisals, and many others. Furthermore, Cadnz lets companies generate comprehensive reports in minutes, make faster and better decisions, and improve team communication and collaboration.

Recently, the founder and CEO of Cadnz, Imran Riaz, sat down for an interview on the Future Craft Podcast about his vision for Cadnz, and how automation, smart integrations, and data intelligence are simplifying and reshaping the digital lending process.

During the chat, Riaz says the company plans to “bring the entire bank together”. He goes on to explain that each banking department typically has their own process and ticketing system, and so traditionally, nothing is cohesive or handled in a single platform. Cadnz is changing this and bringing everything together for banks, including compliance, risk, business development, and more.

Riaz also speaks in detail about the company’s Zfile security document management system, which allows banks to organize and easily access customer files and data in a unified and secure manner.

The simplicity of using the platform can get teams up and running in 120 days, compared to the 12 to 18 months it may take another platform. He says this is due to the simplified configuration of the platform, and the fact that the company provides customers with a set of working processes, systems, and documentation.

Riaz also goes on to speak about how the system keeps everyone in the know about updates and changes, and highlights that the company takes data security seriously and encrypts data, complies with SOC 2, and does penetration testing.

About GlobalTech Corp. (OTC: GLTK)

GlobalTech Corp. is a US-based tech holding company that specializes in AI, big data and digital infrastructure. The company has a diverse portfolio of acquisitions and platforms that span domains like e-commerce, digital lending, compliance, and others. In addition to making strategic acquisitions, GLTK also helps platforms grow by offering access to both capital markets and the latest technologies.

For more information, visit www.GlobalTechCorporation.com.

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

• SuperCom has reported record net income of $6 million for the first nine months of 2025, more than doubling the prior year.
• Gross margin expanded to 61%, while EBITDA reached $7.2 million, reflecting improved operating leverage and higher-margin contracts.
• Q3 results showed continued momentum, including non-GAAP net income of $1.9 million and an EBITDA margin of 34.6%.
• Since mid-2024, the company has secured over 30 new U.S. electronic monitoring contracts and entered 13 new states, frequently displacing incumbent providers.
• International expansion included a $7 million national contract in Germany, its second major European win in as many years.
• SuperCom’s PureSecurity(TM) platform continues to support growth across offender monitoring, domestic violence protection, and community supervision, areas where electronic monitoring has shown measurable reductions in recidivism.

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has reported its strongest financial performance to date, posting record net income of $6 million for the first nine months of 2025, according to its November 13 announcement. The company recorded substantial gains across multiple metrics, reflecting increased adoption of its electronic monitoring (“EM”) platform in the United States and abroad (https://ibn.fm/QrnNd).

For the first nine months of 2025, gross profit rose to $12.5 million from $10.7 million, while gross margin widened to 61% from 50.1%. Operating income nearly tripled to $3 million, and non-GAAP net income reached $9.3 million, representing a non-GAAP net margin of 45.7%, up from 23.2% in the prior year period. EBITDA also rose to $7.2 million, with EBITDA margin improving to 35.4%.

The company’s third-quarter performance reinforced this trend. Gross margin increased to 60.8%, non-GAAP net income surged 450% to $1.9 million, and EBITDA doubled to $2.2 million. Book value per share rose to $8.06, supported by higher working capital and expanded cash reserves.

President and CEO Ordan Trabelsi described the results as evidence of the company’s operational scalability and increasing market traction. “Net income reached a record of $6.0 million, approximately 140% higher year over year,” Trabelsi said, noting the scalability of the company’s expansion model.

Trabelsi added that SuperCom has continued to expand its footprint with new EM contracts in the United States and in Germany, extending its reach into Europe’s largest economy. Many of these engagements, including recent wins in Alabama, Utah, and Virginia, involved replacing long-standing incumbent providers, an indication of market willingness to adopt newer, more flexible monitoring technology.

SuperCom’s U.S. growth followed a familiar pattern: entering a state through an initial agency or service provider contract, followed by rapid expansion into additional jurisdictions.

In 2025 alone, SuperCom:

• Signed four new contracts in Alabama within a year, including one that involved replacing an incumbent provider.
• Added another sheriff agency contract in Utah, its second in the state this year.
• Secured follow-on service provider deployments in Virginia, expanding GPS operations.
• Won new contracts in Wisconsin, Tennessee, Florida, Mississippi, Nebraska, and Kentucky, and was selected for a statewide procurement vehicle by the North Carolina Sheriff’s Association.

These wins allowed the company to broaden adoption of its PureSecurity(TM) platform across GPS tracking, domestic violence monitoring, and community supervision programs.

SuperCom’s expansion strategy also leverages partnerships with regional service providers, who supply monitoring services to courts, sheriffs, and probation departments. Such providers increasingly seek modern, cloud-enabled tools to replace aging systems.

Beyond the U.S., 2025 marked another year of meaningful international progress. On September 22, the company won a $7 million national contract in Germany, displacing a vendor that had served the country for more than 20 years. That contract covers four nationwide program types under a multi-year framework.

SuperCom also continued executing national programs in Israel, Sweden, Romania, Denmark, and Finland. It reported an RFP win rate above 65% across Europe, reflecting demand for updated electronic monitoring systems.

At the core of SuperCom’s expansion is its PureSecurity(TM) platform, which integrates GPS, RF, and cloud-based monitoring tools. The system supports a range of devices and use cases, including:

• PureOne and PureTag tracking bracelets
• PureCom home monitoring stations
• PureTrack(TM) smartphone-based GPS tracking
• PureShield(TM)/PureProtect(TM) mobile apps for domestic violence protection
• PureBeacon for indoor RF-based monitoring
• PureReader for inmate movement tracking within detention centers

The platform’s modular structure enables agencies to combine components based on the type of supervision required, offering flexibility often cited as a decisive factor in procurement decisions.

SuperCom’s focus on electronic monitoring aligns with growing support for EM as a tool for reducing reoffending. Studies from Argentina, Australia, and France have shown reductions in recidivism ranging from 10% to 48% among monitored individuals, underscoring EM’s value as an alternative to detention in appropriate cases. Public safety agencies increasingly use EM to reduce jail populations, monitor higher-risk individuals in the community, and support domestic violence protection orders.

SuperCom’s 2025 financials also showed the benefits of a business model built on recurring revenue and multi-year contracts. Cash and equivalents more than doubled to $13.1 million, while working capital rose 60% to $41.8 million. The company’s growing book value reflects long-term EM program deployments, often renewed or expanded after initial performance evaluations.

Trabelsi highlighted that many new contracts stem from follow-on wins, demonstrating customer satisfaction and reinforcing SuperCom’s strategy of building long-term regional footholds. “These wins not only demonstrate the strength of our proprietary technology but also validate our ability to earn trust in new markets, expand rapidly through follow-on wins, and displace legacy vendors time after time. They reflect growing confidence in our offering and signal a clear path for continued expansion across both U.S. and international markets,” Trabelsi said.

With continued U.S. expansion, new European national programs, and rising demand for offender supervision technologies, SuperCom enters 2026 with significant momentum. Its financial results point to a business scaling effectively, supported by higher-margin contracts, a strengthened balance sheet, and ongoing displacement of legacy vendors. “With increasing adoption of our solutions across our core markets, we remain focused on scaling operations, expanding recurring revenue, strengthening our industry leadership, and delivering value to our stakeholders,” Trabelsi concluded.

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

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

Disseminated on behalf of  Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising.

• During interview, Ryan framed rare earths not just as mined commodities but as elements of control.
• Ucore’s strategy features a dual-node approach, with facilities on both Canada and the United States.
• The company’s refining technology is designed to fill critical downstream gaps in the rare-earth value chain.

In a recent interview with InvestorNews, Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) CEO Pat Ryan emphasized the strategic urgency of building a sovereign Western supply chain for rare earth elements, identifying samarium as “the most critically vulnerable rare earth, or the most critically vulnerable critical mineral” (https://ibn.fm/gMv83). Ucore is advancing its RapidSX(TM) separation technology and establishing refining nodes in Canada and the United States to supply high-purity rare earth oxides for magnets used in defense, renewables and electric vehicles.

During the interview, Ryan framed rare earths not just as mined commodities but as elements of control, telling host Tracy Hughes: “Samarium is the most critically vulnerable rare earth . . . . That’s important to the Vacuumschmelze relationship.” He described the company’s memorandum of understanding with Germany’s Vacuumschmelze and its U.S. subsidiary eVAC Magnetics as “an alliance between Canada, the USA, and Germany — three countries connecting.” He further explained that Ucore’s RapidSX process is “70% faster than solvent extraction and done with 60% less footprint,” enabling Ucore to shift production targets “in hours instead of weeks.”

Ryan also addressed recent Chinese export restrictions on samarium and gadolinium, both now included on China’s export control list, highlighting how Canada has responded. He referenced the conditional approval of C$36.3 million from Natural Resources Canada (“NRCan”) and FedDev Ontario for a Kingston, Ontario facility dedicated to refining these elements (https://ibn.fm/rLV9U). Regarding this funding, Ryan noted, “It culminated with a program announced at the G7. . . . Minister Hodgson signed the agreement with Ucore right on center stage.” This milestone supports Ucore’s goal to build independent processing capability in North America.

Ucore’s strategy features a dual-node approach. In Canada, its “Pathway to Samarium and Gadolinium Security” project in Kingston has conditional approval for up to C$36.3 million to establish North America’s first dedicated samarium-gadolinium oxide facility, using its RapidSX separation technology (https://ibn.fm/ErzvD). Simultaneously, Ucore is advancing its Louisiana Strategic Metals Complex (“SMC”) in Alexandria, Louisiana, which will target both light and heavy rare earths, supported by U.S. Department of Defense grants exceeding $18 million.

The company’s refining technology is designed to fill critical downstream gaps in the rare-earth value chain. “To build a supply chain, you’ve got to have nodes that connect,” Ryan emphasized. “You can’t have one-off MOUs that don’t bring a full solution.” His view is that mining alone is insufficient; processing and separation infrastructure is the bottleneck, which Ucore intends to address with its RapidSX system that can target specific elements such as samarium or gadolinium economically and quickly.

Ucore’s strategic alignment extends to downstream magnet producers. The MOU with Vacuumschmelze and its U.S. arm, eVAC Magnetics, which has received a U.S. Department of Defense Advanced Energy Project Tax Credit of $111.9 million for its facility in South Carolina, links Ucore’s oxide supply to a global magnet-production network. By positioning its technology at the heart of this supply chain, Ucore aims to supply the “high-purity rare earth oxides” needed for next-generation applications from defense systems to EV motors.

Ucore Rare Metals is actively reinforcing the domestic supply chain of critical rare earth elements by deploying its proprietary RapidSX separation technology across strategic locations in Canada and the U.S. With funding support from both governments, commercial partnerships with downstream magnet producers, and a clear focus on elements such as samarium and gadolinium, which face acute export-control risks, Ucore is staking its claim as a linchpin in North America’s push for supply-chain sovereignty. As Ryan observed: This is not just incremental, it is about rebuilding the Western supply network and delivering the product solutions needed for a strategic future.

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

This article has been disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) and may include paid advertising.

• LaFleur Minerals, Canadian gold exploration and development company, just launched a confirmation drilling program at its Swanson Gold Deposit in Val-D’Or, Quebec, supporting a Preliminary Economic Assessment (“PEA”) for the restart of gold production at the company’s Beacon Gold Mill
• The campaign will work to validate historical results on the property while improving confidence in the geological model of the area
• The 10-hole twinned-drilling campaign will supply fresh core for ore-sorting and metallurgical test work, with the data feeding directly into an updated Mineral Resource Estimate

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0), Canadian gold exploration and development company is advancing the district-scale Swanson Gold Project in Québec’s prolific Abitibi Gold Belt while in parallel is progressing toward the near-term restart of gold production at its wholly owned Beacon Gold Mill, and recently launched a confirmation drilling program at its Swanson Gold Deposit in Val-D’Or. LaFleur is strategically positioned for near-term gold production and strong valuation upside, with its fully permitted Beacon Gold Mill and Swanson Gold Project in Val-d’Or, one of the world’s premier mining camps now seeing major consolidation. With both of LaFleur’s assets in the heart of the Abitibi greenstone belt, Canada’s largest gold producing region that is also recently subject to major M&A action (IAMGOLD, Probe/Fresnillo), LaFleur offers exceptional leverage to record gold prices and growing regional demand for long-life, low-risk gold assets, with key regional, fully-permitted, infrastructure in a growing production corridor. LaFleur is in a unique position to offer critical milling services to area gold miners with their Beacon Gold Mill, providing important cash flow for the company’s developing gold mining prospects. This timely milestone comes when gold prices continue to enhance the economics of the company’s restart plans, promising strong margins, accelerated payback potential, and immediate exposure to cash flow from permitted, near-term production assets (https://ibn.fm/ZE8Xh).

LaFleur’s 10-hole “twin-hole” drilling campaign at its Swanson Gold Deposit aims to validate historical results, improve resource confidence and the geological model of the area, and generate high-quality core for metallurgical and ore-sorting test work, with the data feeding directly into an updated Mineral Resource Estimate, all for the purpose of purpose of delivering a technically robust PEA led by ERM.  This work supports LaFleur’s near-term plan to feed its fully permitted Beacon Gold Mill, creating a vertically integrated, low-cost production model in one of the world’s most prolific gold districts. 

“Advancing the Beacon Gold Mill to restart gold production with gold prices at record levels above $4,000 per ounce offers amazing economic potential,” noted LaFleur Minerals’ CEO, Paul Teniere. “We are well underway to completing a comprehensive PEA for the restart of the Beacon Gold Mill, and at the suggestion of ERM, we are nearing completion of twinning historical holes that form the basis of the mineral resource at our Swanson Gold Deposit, with the intention to supply mineralized material from Swanson to the Beacon Gold Mill. We aim to have the PEA completed as soon as assay results on the twinned holes are received in the coming weeks,” he added (https://ibn.fm/wy989).

Following $20 million worth of upgrades in 2022, LaFleur Minerals’ Beacon Gold Mill is nearing recommissioning and a restart. The 750-tonne-per-day fully permitted gold mill is currently equipped with crushing, grinding, flotation, leaching, and Merrill-Crowe circuits, with the only outstanding bits including mechanical and electrical upgrades. Plans are also underway to install a new gravity concentrator circuit and recruit key operational staff, including mill management, maintenance, and plant operators.

Approximately 10,000 to 20,000 tonnes of mineralized stockpiles are already on-site which are intended to be used for initial trial runs once the mill is back online, targeted for early 2026. Historical drilling at the Swanson Gold Deposit today totals more than 36,000 meters across 242 holes with standout intervals from historical holes SW-03-07** defining 69.3 metres at 3.03 g/t Au and BAR31-84* defining 51.0 metres at 3.46 g/t Au. The property has incredible potential for resource expansion and further consolidation in the prolific region it sits in, and LaFleur’s efforts to restart its nearby Beacon Gold Mill are a testament to the company’s commitment to creating shareholder value and to stamping its position as a near-term gold producer in Canada’s most active mining region. 

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

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

Qualified Person Statement:

All scientific and technical information contained in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, and considered a Qualified Person for the purposes of NI 43-101.