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Base Metals Energy Junior Mining Precious Metals Project Generators

Grizzly Discoveries advances multiple high-potential targets as exploration momentum builds

Junior explorers are often challenged with demonstrating both geological prospectivity and a clear path to discovery.

Over the course of 2026, Grizzly Discoveries (USOTC:GZDIF) (TSXV:GZD) has been steadily advancing several targets within its Greenwood Critical Minerals Project in British Columbia, generating a growing body of exploration data that points to the presence of large-scale mineralizing systems across multiple areas.

This article is disseminated in partnership with Grizzly Discoveries Inc. It is intended to inform investors and should not be taken as a recommendation or financial advice.

Recent drilling, geophysical surveys, trenching and surface sampling programs have significantly expanded the company’s understanding of the Sappho, Motherlode, and Midway targets. While all of these projects remain at the exploration stage, the latest results provide investors with a clearer picture of why Grizzly continues to focus capital and technical resources on the district.

Sappho emerges as a key critical minerals target

Among the most notable developments this year has been the company’s drilling campaign at the Sappho Critical Minerals Target.

When we last featured Grizzly, we covered the company’s work between late April and mid-May 2026, when the team completed seven diamond drill holes totalling 1,485 metres to follow up encouraging historical drilling, surface sampling, magnetic survey data and recently completed induced polarization (IP) work.

According to assay results received from ALS Global, all seven drill holes intersected anomalous polymetallic mineralization containing varying combinations of copper, gold, silver, cobalt, nickel, zinc and platinum group elements. The mineralization is associated with garnet-pyroxene skarn alteration containing pyrite and chalcopyrite, features commonly associated with large hydrothermal systems.

Several intercepts stand out:

  • Hole 26SPDD002 returned 0.357% copper equivalent (CuEq) over 44.55 metres, including copper, gold, platinum and palladium values.
  • Hole 26SPDD005 returned 1.0% CuEq over 13.68 metres, including 0.255% copper, 0.057% nickel, 498 ppb gold, 6 g/t silver, 119 ppb platinum and 60 ppb palladium.

What’s important to note here is that management views the drilling results as confirmation that the Main Sappho Skarn area hosts widespread mineralization across a sizeable footprint measuring approximately 250 by 350 metres at surface.

“The excellent new drilling results along with anomalous ground magnetics and now IP has outlined multiple and significant new targets across the Sappho Project,” the company’s President and CEO, Brian “Griz” Testo, explained in a media release. “I am excited to see what the next phase of drilling might show us – Grizzly will continue to refine these targets to the drill-ready stage.”

Sappho geology, rock and soil sampling 2026 with IP lines and planned drillhole locations. (Source: Grizzly Discoveries Inc.)
Sappho geology, rock and soil sampling 2026 with IP lines and planned drillhole locations. (Source: Grizzly Discoveries Inc.)

The larger opportunity may lie nearby

For many investors, the most intriguing aspect of the Sappho story may not be the drill results themselves, but what remains untested.

Recent Phase 1 and 2 IP surveys totalling more than 12 line-kilometres identified a significant chargeability anomaly located approximately 250 to 300 metres southeast of the main skarn zone. The core of the IP chargeability anomaly ranges from 30 mV/V up to 105+ mV/V in intensity. Geologists interpret the anomaly as potentially representing disseminated sulphide mineralization associated with a porphyry-style system.

Porphyry deposits are particularly attractive exploration targets because they can host large tonnages of copper, gold and other critical metals. While a porphyry discovery is far from guaranteed, Grizzly’s geological team believes the strength and scale of the chargeability anomaly justify additional drilling.

The company is currently permitting new drill locations designed specifically to test the anomaly, while additional geological mapping, surface sampling and geophysical work continue.

Further support for the target comes from historical exploration. Surface rock samples collected throughout the broader Sappho area have returned copper grades exceeding 1%, including values as high as 9.06% copper, while several samples yielded anomalous platinum and palladium values reaching multi-gram-per-tonne levels. Grizzly Discoveries’ prospectors were excited to come across an old adit on the Sappho project while conducting exploration work:

Grizzly Discoveries' prospectors discover old adit (Source: Grizzly Discoveries Inc.)
Grizzly Discoveries’ prospectors discover old adit (Source: Grizzly Discoveries Inc.)

(Click to play video)

Motherlode displays district-scale potential

While Sappho has attracted considerable attention, the Motherlode Critical Minerals Target continues to emerge as another significant growth opportunity.

Phase 2 IP surveys completed during the spring of 2026 identified at least five discrete chargeability anomalies, with four of these containing core responses ranging from 30 to 52 millivolts per volt. Several anomalies occur near the historical Greyhound, Sunset and Motherlode pits.

Of particular interest is the scale of some of these targets. According to the company, several anomalies currently measure approximately one kilometre by 500 metres and remain open for expansion.

The anomalies also correlate with encouraging geochemical signatures. Numerous rock and soil samples collected around the target areas have returned elevated copper and gold values, including samples grading above 1% copper and others containing up to 20 g/t gold.

The geological setting further supports exploration potential. The Motherlode area sits along the eastern margin of the Toroda Graben, a structurally complex corridor that hosts multiple historical mines and mineral occurrences. The region has experienced repeated intrusive events and hydrothermal activity, conditions that often contribute to the formation of skarn and porphyry systems.

Management has begun permitting drill sites designed to test these newly identified targets, positioning Motherlode as a key focus of upcoming exploration programs.

Building on a significant historical mining legacy

Motherlode also benefits from an extensive mining history.

The project includes 13 Crown Grants covering more than 300 acres near Greenwood, British Columbia. Historical records indicate that the Motherlode Mine produced approximately:

  • 76.98 million pounds of copper
  • 173,319 ounces of gold
  • 688,203 ounces of silver

While historical production does not guarantee future discoveries, it demonstrates that the district is capable of hosting economically significant mineral systems.

More recent exploration by Grizzly has also identified widespread anomalous mineralization. Hundreds of rock samples collected across the project have returned elevated copper, gold and silver values, which support the interpretation that mineralized systems extend well beyond the boundaries of historical workings.

Motherlode and other active exploration areas 2026 (Source: Grizzly Discoveries Inc.)
Motherlode and other active exploration areas 2026 (Source: Grizzly Discoveries Inc.)

Midway adds precious metals exposure

A third area attracting increased attention is the Midway Precious Metals and Critical Minerals Target.

Trenching completed in June 2026 returned several high-grade precious metal results, including samples grading up to:

  • 22.8 g/t gold
  • 1,120 g/t silver

Additional trenching produced gold values reaching 2.7 g/t in areas adjacent to historical workings.

Meanwhile, follow-up prospecting near the Sappho chargeability anomaly yielded quartz float samples containing up to 4.73 g/t gold, providing another indication that significant mineralizing fluids operated within the broader district.

The Midway area has already produced impressive historical sampling results. Previous work identified rock samples containing up to 70.8 g/t gold and as much as 2,140 g/t silver, demonstrating the area’s potential for high-grade precious metals mineralization.

Main Midway vein structure and mineralization (Source: Grizzly Discoveries Inc.)
Main Midway vein structure and mineralization (Source: Grizzly Discoveries Inc.)

Trenching during June 2026 has extended the known surface extent of the Main Midway vein structure and mineralization (pictured above).

Multiple catalysts ahead

One of the notable aspects of Grizzly’s 2026 exploration strategy is the number of active targets advancing simultaneously.

Ongoing work includes:

  • Additional surface exploration and prospecting.
  • Expanded IP, magnetic and electromagnetic surveys.
  • Drill permitting at Sappho and Motherlode.
  • Follow-up evaluation of newly discovered sulphide showings and chargeability anomalies.

Investors often look for companies with multiple opportunities for discovery rather than dependence on a single target. Grizzly’s Greenwood Project appears to offer that diversification, with copper, gold, silver, nickel, and platinum group elements represented across several distinct exploration areas.

A strengthened financial position

During July 2026, Grizzly announced the exercise of outstanding warrants resulting in gross proceeds of approximately C$59,167 and the issuance of 1,183,335 common shares. In October 2026, the company closed on a private placement by the issuance of 1,000,000 units, 325,000 FT units and 4,866,668 CMFT units for gross proceeds of $359,875. Following the transaction, the company reported 240,313,037 common shares outstanding.

The private placement and warrant exercise provides an indication of ongoing shareholder participation while adding capital to support exploration activities.

Why investors are taking a closer look

Grizzly Discoveries enters the latter part of 2026 with several exploration programs generating encouraging results across the Greenwood Project. The combination of widespread polymetallic mineralization at Sappho, newly defined chargeability anomalies at Motherlode, and high-grade precious metal results at Midway provides multiple avenues for potential value creation.

The company’s work continues to outline evidence of large hydrothermal systems that may be associated with skarn and porphyry-style mineralization, while upcoming drilling programs will provide the next major test of these geological models. Although exploration success can never be guaranteed and mineral projects carry significant risk, Grizzly has assembled a substantial dataset that continues to support further investigation across its flagship properties.

While exploration outcomes remain uncertain by nature, Grizzly’s systematic approach and expanding technical dataset position it as a company increasingly followed by investors seeking leverage to metals fundamental to both energy transition and monetary protection.

To get a deeper understanding of the company’s assets, exploration strategy, share structure and long-term growth objectives, review Grizzly Discoveries’ corporate presentation before making any investment decision.

Sponsored Article: InvestorsHub.com Inc. dba The Market Link has been compensated SECURITIES: valued at $1,050 by Grizzly Discoveries Inc. (USOTC:GZDIF) for the publication and distribution of this content. This is not independent editorial content. For full compensation disclosure visit investorshub.advfn.com/boards/disclaimer.aspx

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Base Metals Copper Bullet Mines Energy Junior Mining Precious Metals

Coyote Copper Mines Inc. Enters into Option Agreement to Acquire Historic Gibson Mine, Including 223.85 Acres of Patented Mining Claims

Toronto, Ontario–(Newsfile Corp. – November 3, 2026) – Coyote Copper Mines Inc. (TSXV: CCMM) (the “Corporation”) is pleased to announce that it has entered into an option agreement (the “Option Agreement”) which gives the Corporation the option, (“Option”) to acquire 223.85 acres of patented mining claims known as the Gibson Mine (“Gibson Mine” or the “Property”) from the Franciscan Friars of California (“Friars”). The Friars obtained the Property through a donation that was made in 1969.

The key highlights of the Gibson Mine include:

  • Copper Production: 17.2 million lbs of copper recovered from 55,750 short tons of ore 1903-1969.
  • June 1907: approximately 80 tons/day shipped to Old Dominion at over 25% Cu.
  • Pasquale Vein: Level 4 Five stopes supplied ore shipments assaying 16 to 18% Cu in 1912.
  • Mine Development: Six levels and about 26,000 ft (7.9 km) of workings.
  • Operating History: A 150 ton/day concentrator opened in 1919. Intermittent leach recovery continued into the early 1990s.

The Corporation’s current 1,100 BLM mining claims, comprising approximately 22,086 acres (~89.4 km2), surround the 223.85 acres that make up the Gibson Mine.

Dan Weir, CEO, commented, “High grade copper veins and deposits are an integral part of the Globe Miami copper area. The presence of the high-grade Gibson copper veins in the vicinity of the large “Donut Target” makes the Gibson acquisition very compelling, just like the high-grade Magma Mine which sits above the Resolution Mine. In addition, patented mining claims give Coyote Copper title to the surface and mineral rights outright. The Corporation would benefit from significantly streamlined permitting for exploration drilling on its own titled land and would have the right to construct permanent surface infrastructure — including core storage facilities and field offices.”

Historical records indicate that production at the Gibson Mine during its main period of operation (1906–1918) totaled approximately 12 million pounds of copper and 3,500 oz. of silver (Elsing and Heineman, 1936, p. 92). Between 1918 and 1950, small-scale production was also recorded – approximately 260,000 pounds of copper were recovered from ore sorted from the mine dumps (U.S. Bureau of Mines, 1937–1953). The site was mined intermittently from the 1960s through the 1990s by solution mining of the historic workings. No production data for this period has been identified. The foregoing historical production figures are not NI 43-101 compliant mineral resource or reserve estimates, have not been verified by a Qualified Person, and should not be relied upon as an indication of the current or future mineral resource potential of the property.

The following description was taken from the Gibson Structural Corridor (“GSC”) – Page 89 of the Corporations NI 43-101 Technical report dated November 23, 2025 (refer to the Corporation Website) at www.coyotecopper.com:

“High-grade copper ores (20 to 40% copper) were localized along the sub-parallel Summit and Pasquale veins, which cut the Pinal Schist. Located approximately 300 feet apart, both veins strike N25º E and can be traced over a distance of approximately 6,500 feet. Dipping approximately 55º to the northwest, the Summit vein is concordant with bedding and foliation of the schist. It was characterized by lens-like ore shoots, ranging from 0.7 to 1.25 feet in thickness. The Pasquale vein occupies a 35º northwest-dipping, 5 to 10-foot thick fault zone that clearly cuts across bedding and ranged from a few inches to 3 feet in thickness (Peterson, 1963).“

Figure 1. The Gibson Mine location map, located within the western segment of Copper Springs Project, Coyote Copper Mines Inc.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8516/322213_coyotecopperone.jpg

Figure 2. The Gibson Mine outlining the surface and underground infrastructure of the Summit and Pasquale Copper Veins.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8516/322213_52dd3da614b0e97c_007full.jpg

In August 2025, the Corporation collected ten samples across the Gibson Structural Corridor (GSC), comprising of six bedrock samples from areas of observed copper oxide mineralization and structural zones and four selective grab samples from historic ore piles in the West Gibson area. The grab samples from historic ore piles were collected to characterize the nature of historic mineralization and are not representative of the overall mineralization on the property.

Across all ten samples, copper values ranged from 0.091% to 22.41%. Silver values ranged from below detection to 69.3 g/t. Grab samples are selective by nature and may not be representative of the mineralization hosted on the property.

The four selective grab samples from the West Gibson zone returned copper grades ranging from approximately 10% to 22% Cu. These were select grab samples, collected from historic ore piles to characterize the mineralization. Quartz-chalcopyrite veining, massive chalcopyrite and associated hematite are observed in relation to a set of thin mineralized porphyritic dike sets which is parallel to the primary Gibson mine structure. Silver values in these samples ranged from 10.6 to 69.3 g/t.

SampleEastingNorthingElevation_mWidth_mCu_percentAg_ppmMo_ppm
1939401503536368875615271.20.090.19
1939402503538368875615271.50.160.117
1939403503541368875515271.10.320.114
19394045034503688662150019.2852.323
19394055034503688661150013.9620.520
19394065034503688660150022.4169.331
19394075034373688624151510.0110.69
1939408504612368789314782.10.8712
1939409504612368789614771.30.90.92
1939410504601368793014731.20.661.82
Min0.090.12
Max22.4169.331
Avg6.8715.713

Figure 3. Selected surface grab sample 1939405 from the Gibson Mine, 1.6m, with geochemical sample results in chart.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8516/322213_52dd3da614b0e97c_008full.jpg

History of the Mine

All information in this section is derived from historical sources and prior third-party reports. It does not constitute a current NI 43-101 mineral resource or reserve estimate and has not been independently verified by the Corporation’s Qualified Person.

The Gibson copper mine is in the headwaters of Pinto Creek and is approximately 7.5 miles southwest of Miami, Arizona.

Chalcocite enrichment played an important role in developing the high-grade copper ores localized along the Summit and Pasquale veins (Peterson, 1963). Underlying primary sulfide mineralization along these structural zones is characterized by massive chalcopyrite with considerable bornite in a quartz gangue lesser amounts of calcite and minor amounts of specular hematite and gypsum (Stevens, 1911).

The Gibson Mine was a copper-silver producer operating primarily from 1906 to 1918 with intermittent production continuing through 1975. The mine was hosted on 16 patented and 53 unpatented claims and was operated by several successive owners including the Gibson Consolidated Copper Co. as the primary producer.

Mineralization comprised multiple veins hosted in the Pinal Schist with the Summit and Pasquale veins being the most prominent. Total historical production is estimated at approximately 12,500,000 pounds of copper and 3,500 oz. of silver (Sources: Arizona Bureau of Mines; U.S. Bureau of Mines, 1937–53.).

A Historical Resource for the Gibson mine is referenced in USGS MRDS Record #10104088, taken from K.R. Long, 1995 compilation of Porphyry Copper Deposits.

Coyote Copper’s initial target of 35-45 million tons grading 0.3% – 0.5% is based on the historical resource.

The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource

Terms of the Option Agreement

Subject to the right of the Corporation to terminate the option Agreement at any time. The Corporation is required to make the following payments (the “Payments”) to the Friars for an aggregate price of US$1.4 million after the effective date of the Option Agreement (the “Effective Date”).

The Payments are as follows:

  • $500,000 within 14 days of the Effective Date;
  • $200,000 on or before the first anniversary after the Effective Date;
  • $200,000 on or before the second anniversary after the Effective Date;
  • $200,000 on or before the third anniversary after the Effective Date;
  • $300,000 on or before the fourth anniversary after the Effective Date.

For a total aggregate price of US$1.4 million.

The Corporation shall have the right to exercise the Option at any time after the Effective Date by giving the Friars at least ten (10) days prior written notice of such early exercise of the Option and by paying to the Friars all Payments not yet paid.

QUALIFIED PERSON

Michael N. Feinstein, PhD, CPG, is the “Qualified Person” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and he has reviewed and approved the scientific and technical disclosure contained in this press release. Mr. Feinstein is independent of the Corporation.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company have not been and are not expected to be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and may not be offered or sold within the United States or to U.S. persons absent registration or an applicable exemption from registration requirements.

Cautionary Statement Regarding Forward-Looking Information

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation.

Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information in this news release includes, without limitation, statements regarding, planned exploration activities including drilling, permitting for exploration, environmental remediation outcomes, and the potential for mineral resource delineation on the property. Forward-looking information is based on currently available financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to, those risk factors applicable to mineral exploration companies, including risks related to title to mineral properties, environmental liabilities, permitting delays, exploration results, and commodity prices. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

For more information, please contact:

Dan Weir
CEO, Coyote Copper Mines Inc.
DanWeir@CoyoteCopper.com
Tel: +1-416-720-0754

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/322213

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Base Metals Blog Breaking Energy Junior Mining

First Breach Adds Inspection Equipment and Secures Strategic Supply Agreements to Support Ammunition Production

Primer agreement provides ability to purchase up to 20 million primers per month alongside additional inspection equipment and strengthened raw material sourcing

HAGERSTOWN, MD / ACCESS Newswire / November 3, 2026 / First Breach Inc. (NASDAQ:FBDT) (“First Breach” or the “Company”), an American-made defense technologies company focused on vertically integrated ammunition production and next-generation unmanned aerial systems, today announced an agreement with a strategic supplier that gives the Company the ability to purchase up to 20 million primers per month. First Breach has also received two additional pieces of ammunition inspection equipment and entered into a separate agreement with a key raw material supplier to support reliable material availability as production scales.

These developments build on the Company’s previously announced investment in loading and inspection equipment at its Hagerstown, Maryland facility and support its plans to scale ammunition production toward capacity of up to 20 million rounds per month as it expands on its current seven-day production schedule and transitions toward 24-hour operations.

The primer agreement supplements First Breach’s existing vendor relationships, providing an additional source for one of the two finished ammunition components the Company purchases externally. Primers and propellant powder are the only finished ammunition components First Breach sources from outside suppliers; the Company manufactures its other components in-house, including brass cups, casings, projectiles, lead cores and lead wire.

The two additional inspection units supplement equipment acquired earlier this year and are intended to expand inspection throughput at the Company’s ISO 9001:2015-certified Hagerstown facility. Together with rigorous quality controls throughout production, the added inspection capability is designed to support higher ammunition volumes while maintaining precision and consistency.

The raw material agreement strengthens access to the materials First Breach smelts and processes in-house, helping align sourcing with its planned production ramp. More favorable supply terms support the reliability and availability of these materials, providing a strategic advantage as manufacturing scales.

“Equipment capacity must be matched by dependable material supply and consistent quality control,” said Jeffrey Low, CEO of First Breach. “These steps bring our sourcing and inspection capabilities into closer alignment with our production plans. We are building on our investments in Hagerstown to support higher output and respond reliably to growing customer demand.”

About First Breach

First Breach Inc. is an ISO 9001:2015 certified, American-made defense technologies company focused on manufacturing match-grade ammunition components, finished ammunition, and developing next-generation unmanned aerial systems for commercial, law enforcement, and military markets. The Company manufactures its products in-house at its Hagerstown, Maryland facility, where it produces brass cups, casings, projectiles, lead cores, lead wire, and completed ammunition with rigorous quality control standards. First Breach is also advancing its drone strategy through the development of U.S.-made unmanned systems, leveraging advanced engineering, robotics, ISR and sensor technologies, and precision manufacturing capabilities to address evolving defense, homeland security, law enforcement, and commercial requirements across domestic and international markets.

For more information, please visit: First Breach Inc.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and include statements regarding the Company’s expectations, beliefs, plans, objectives, strategies, future events, future performance, business prospects, growth initiatives, acquisitions, market opportunities, capital resources, operational objectives, and other statements that are predictive in nature. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on management’s current expectations, assumptions, and beliefs regarding future developments and their potential effect on the Company. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.

Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in economic, business, market, competitive, regulatory, technological, legal, and geopolitical conditions; the Company’s ability to execute its business strategy; access to capital and financing; customer demand; industry developments; and other risks and uncertainties described from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required by applicable law, the Company undertakes no obligation to update, revise, or publicly disclose any revisions to any forward-looking statements to reflect events, circumstances, or changes in expectations occurring after the date of this press release.

Investor Relations

Frank Pogubila
Partner
Integrous Communications
Phone: 951.946.5288
Email: fpogubila@integcom.us
Website: www.firstbreach.com

For additional company updates, follow First Breach on LinkedIn, X, and Facebook.

SOURCE: First Breach

View the original press release on ACCESS Newswire

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Base Metals Blog Energy Junior Mining Precious Metals Project Generators

Davion Healthcare PLC Agrees $13.5 Million Acquisition of Profitable US Home Healthcare Business

First in a planned programme of acquisitions to expand Davion’s revenues, earnings and healthcare operations

DUBLIN, Oct. 29, 2026 (GLOBE NEWSWIRE) — Davion Healthcare Plc (NASDAQ: DAVI) (“Davion” or the “Group”), a developer of non-invasive health monitoring technologies, announces that it has entered into an agreement dated 27 October 2026 to acquire Healthcare Stat Homecare Inc. (“HSH”), a Pennsylvania-incorporated provider of home healthcare services based in Philadelphia.

The total consideration is $13.5 million, comprising $8 million in cash and $5.5 million in Davion shares issued at an agreed value of $13 per share. Completion is expected on or before 31 December 2026, subject to the terms of the acquisition agreement.

HSH is an established, revenue-generating and profitable healthcare services business. For the year ended 31 December 2025, HSH reported gross receipts of approximately $11.6 million and ordinary business income of approximately $1.9 million (unaudited). The acquisition is expected to provide Davion with an established operating business and an additional source of revenue and earnings following completion.

The proposed acquisition represents the first in a planned programme of acquisitions of established, revenue-generating and profitable healthcare businesses over the coming year. This strategy is intended to complement Davion’s existing portfolio of proprietary healthcare technologies, broaden its commercial operations and build a more diversified healthcare group.

HSH provides skilled nursing, home health aide and rehabilitation services to patients in Philadelphia and surrounding areas. Its clinical programmes include wound care, lymphedema management, dementia and diabetes care, telehealth and rehabilitation. Its workforce includes registered nurses, licensed practical nurses, home health aides, physical and occupational therapists and social workers.

HSH provides care to patients of all ages, from children to the elderly, helping individuals remain in their own homes rather than requiring residential or institutional care. According to its website, HSH holds JCAHO accreditation and Medicare and Medicaid certifications, is fully insured and bonded, and accepts major insurance plans.

The acquisition would also extend Davion’s activities beyond the development and commercialisation of healthcare products into the delivery of care in patients’ homes. It could provide opportunities to evaluate the use of Davion’s non-invasive monitoring technologies in home healthcare, including wound monitoring and preventative care. Any integration or deployment plans will be developed following completion.

Glenn Williams, Chief Executive Officer of Davion, commented:

“HSH is an established and profitable business that will bring meaningful revenues and earnings to Davion, while giving us a direct presence in home healthcare and opportunities to introduce our monitoring and diagnostic technologies closer to patients. Importantly, this is the first in a planned programme of acquisitions of revenue-generating, profitable healthcare businesses over the coming year, as we look to build a broader and more diversified Group combining our proprietary technologies with established operating businesses. We look forward to working with HSH’s management to support its existing operations and explore opportunities to integrate our technologies into the delivery of care at home.”

Manilal Mathai, Co-owner and Chief Executive Officer of HSH, added:

“We share Davion’s commitment to improving care for patients outside hospital settings. Joining forces would give us an opportunity to combine HSH’s home healthcare experience with Davion’s technology-led approach, while continuing to focus on the quality and continuity of care we provide to patients and families.”

Media Enquiries

Rosewood Communications
+44 (0) 20 7653 8702
davion@rosewoodpr.co.uk

Investor Relations Inquiries

Mark Komonoski
Partner
Integrous Communications
Toll Free: 877-255-8483
Mobile: 403-470-8384

About Davion Healthcare Plc

Davion Healthcare Plc is a next-generation digital healthcare company developing proprietary, non-invasive health monitoring technologies designed to support the early identification of medical anomalies outside traditional clinical environments.

The Company’s flagship product, BreastCheck, is an FDA-registered at-home breast health screening test designed to identify potential abnormalities through changes in breast temperature. Davion’s broader portfolio includes technologies addressing circulation and foot health, testicular health, skin anomalies, wound monitoring, blood pressure and other areas of preventive healthcare.

Davion’s growth strategy combines the development and commercialisation of its proprietary technologies with complementary acquisitions intended to expand the Group’s product portfolio and commercial, manufacturing and distribution capabilities.

Further information is available at www.davionhealthcare.com.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, those identified by words such as “believes,” “will,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “projects” and similar expressions.

The statements in this release are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in these forward-looking statements.

Numerous factors could cause or contribute to such differences, including, but not limited to, the results of product evaluations, studies, regulatory reviews and commercial adoption and/or other studies, clinical trials, the challenges inherent in new product development initiatives, the impact of any competitive products, the Company’s ability to license and protect its intellectual property, its ability to raise additional capital in the future, changes in government policy and/or regulation, potential litigation by or against the Company, any governmental review of its products or practices, and other risks discussed from time to time in the Company’s filings with the Securities and Exchange Commission.

The Company undertakes no obligation to update any forward-looking statements, or any information contained in this press release or in other public disclosures, at any time, except as required by applicable law.

The investing public is reminded that only announcements or information about Davion Healthcare Plc disseminated by the Company and bearing its name are considered official.

Categories
Base Metals Blog Emx Royalty Junior Mining Precious Metals Project Generators

David Cole Spent 40 Years Learning How to Own a Mine Someone Else Pays to Build

A mineral royalty is a very small sentence with a very long future. It may promise one percent of a mine’s revenue, perhaps two, in exchange for a claim once sold or capital once supplied. The percentage looks modest. The calendar does not. Years of drilling, engineering, permits and construction can pass before the first payment arrives. David Cole has built his working life around that gap – the suspense between what a geologist sees and what the rest of the world is prepared to finance.

Cole is an economic geologist by training, a founder by temperament and a capital allocator by repetition. He spent 17 years at Newmont Mining, then co-founded the company that became EMX Royalty in 2003. More than two decades later, EMX had grown from a single-asset explorer with a C$3.3 million market capitalization into a portfolio of more than 250 mineral assets across six continents. In November 2025, EMX merged with Elemental Altus. Cole became chief executive of the combined Elemental Royalty Corporation.

The corporate summary is tidy. The method behind it is boots, maps, contracts and long waits. Cole’s memorable description of his early exploration work is “the pointy end of the stick” – the place where uncertainty is still fresh, the field data is incomplete, and a persuasive geological idea can change the value of a patch of ground.

17years at Newmont in technical and management roles

250+mineral assets held by EMX before the merger

6continents across the EMX portfolio

The education of a geological optimist

Cole has traced his interest in geology back to childhood gold panning with his grandfather. The adult version of that curiosity acquired degrees from Fort Lewis College and Colorado State University, where he earned a master’s in geology and studied under economic geologist Tommy Thompson. Then Newmont supplied the roaming postgraduate course.

His assignments crossed Nevada, Southeast Asia, South America, Europe and Central Asia. His work included contributions associated with the Carlin Trend, Yanacocha and Minahasa mines. He later established and managed Newmont’s exploration programs in Turkey while looking for early-stage acquisition targets in Eastern Europe. The point was not travel for its own sake. Each jurisdiction offered another lesson in what makes a discovery valuable – and in how easily that value can be consumed by the cost of proving, permitting and building it.

Cole has said his passion was always “value creation through the discovery process.” Yet he was also fascinated by which parts of mining made money and which merely consumed it. He watched Franco-Nevada’s royalty model grow from mineral interests on Nevada’s Carlin Trend. The arrangement had an appealing asymmetry: exposure to what a mine produced, without employing everybody or paying every bill required to produce it.

“My passion has always been value creation through the discovery process.”David M. Cole

Sell the prospect. Keep the tail.

When Cole helped form Eurasian Minerals in 2003, the company began as an explorer. Its eventual name, EMX Royalty Corporation, made the evolving strategy plain. EMX would acquire promising mineral rights, assemble and improve the geological evidence, and invite a partner to take the project forward. The partner would supply the increasingly serious capital. EMX would receive payments, sometimes shares, and retain a royalty on future production.

The royalty-generation loop

01 / FindAcquire prospective mineral rights

02 / ProveBuild the geological case

03 / PartnerSell or option the project

04 / KeepRetain a production royalty

Cole calls this royalty generation an organic growth strategy. It asks a geological team to be good at more than geology. A prospect has to be credible, but it also has to be marketable. “First and foremost is geological prospectiveness,” he has said. Next comes the probability of selling the asset. Staking ground is easy enough. Turning it into a royalty that another company will spend money to advance is the trick.

The attraction becomes clear when costs rise. Once a project is sold, exploration spending, development studies and construction bills sit on the counterparty’s side of the table. The royalty holder keeps exposure to higher commodity prices and to fresh discoveries on the property. In Cole’s preferred word, it keeps optionality. A mine can deepen, a district can widen, a metal price can climb. The royalty is still there, waiting in the paperwork.

David Cole, right, in conversation with interviewer Devan Murugan at the 2025 PDAC conference in Toronto
At PDAC 2025, Cole sits at the right of the frame and talks royalties with Devan Murugan. The little globe between them is almost too neat: his portfolio argument has always been geographic.

A cheque with comic timing

Patience is delightful after it pays. Before it pays, patience is an excellent way to discover how shareholders sound when they are annoyed. The Malmyzh copper-gold project supplied Cole with both phases.

EMX identified IG Copper and its project in Russia’s Far East as a strategic investment and put roughly US$13 million into the company over time. In 2018, Russian Copper Company bought Malmyzh for US$200 million. EMX received an initial US$65 million distribution. Then, with the relief of a geologist who had finally become a cashier, Cole observed that the cheque “did not bounce.”

He joked that the deal had done wonders for his personality. For years, impatient investors had challenged the wait. Once the money was in the bank, people approached him to shake hands and announce how good it was to see him. The geology had not suddenly changed. Neither had the strategy. Cash had simply made the old conviction sociable.

“You can imagine facing impatient shareholders for years and then when you finally crystallize a big investment and the money is in the bank, they come up and shake your hand.”David M. Cole, after the Malmyzh sale

Malmyzh was not a royalty-generation template in every detail. It was a strategic investment and a lesson in company building. It still revealed Cole’s taste for situations where technical judgment and patient capital could meet. He also co-founded Standard Uranium. Energy Metals Corporation acquired it, and Uranium One later acquired Energy Metals for US$1.8 billion. The outcomes were different; the recurring instrument was an informed claim on mineral potential.

Four turns of the map

1980s-2003

Newmont – exploration and management work across several continents.

2003

Co-founds Eurasian Minerals, the company later renamed EMX Royalty.

2018

The Malmyzh sale brings EMX an initial US$65 million distribution.

2025

EMX merges with Elemental Altus; Cole becomes CEO of Elemental Royalty.

The portfolio becomes the product

A single mine is vulnerable to nearly everything specific: one ore body, one government, one engineering plan, one operator. Cole’s answer was accumulation across metals, countries and stages of development. EMX mixed generated royalties with acquired royalties and strategic investments. Some assets produced cash. Some were being drilled. Others remained geological possibilities with contracts attached.

That variety turns the portfolio itself into the product. The early-stage interests offer discovery potential. Producing royalties offer current revenue. Copper, gold and other metals do not move in perfect unison. Projects advance on their own calendars. No spreadsheet abolishes mining risk, but many unrelated chances can alter its shape.

Cole also emphasizes people. Technical judgment decides which ground deserves attention. Commercial judgment decides how to transact it. Rick Rule, a long-time natural-resource investor, has publicly credited Cole with hiring, motivating and retaining strong geologists. That skill matters because royalty generation is not passive at the start. Before the percentage can sit quietly, a team has to find the opportunity, organize the data and persuade a counterparty to care.

Preserve the upside

A handoff does not have to be an exit. A retained royalty keeps a contractual connection to future success.

Move the heavy bill

The operator funds the expensive steps while the royalty holder remains exposed to production and discovery.

Make expertise transact

Good technical work becomes more valuable when it improves the structure and terms of a deal.

Fund the waiting

Long-cycle conviction needs a portfolio and balance sheet capable of surviving an indifferent calendar.

A larger vessel for the same idea

The November 2025 merger joined EMX with Elemental Altus and installed Cole as CEO of the combined Elemental Royalty Corporation. The transaction expanded the portfolio, paired EMX’s royalty-generation pipeline with Elemental Altus’s producing and acquired royalties, and brought a US$100 million investment from Tether. In February 2026, Cole joined the leadership team to ring the Nasdaq Opening Bell. The scene was several worlds away from a field geologist studying rock, though the enterprise on display still rested on observations that began there.

The new job changes the scale more than the philosophy. Cole has framed the combined company as a broader platform spanning current and future revenue-generating assets. Greater scale can lower dependence on any single mine and provide more capital for acquisitions. It can also create a management test familiar to every collector of assets: a bigger cabinet is useful only if the contents remain intelligible.

Cole’s career suggests he likes intelligible systems. Look first at the geology. Decide whether somebody will want the project. Arrange the deal so success still matters after control changes hands. Repeat without pretending the calendar is yours to command.

Mining works at heavy scale – trucks, pits, mills, balance sheets – yet Cole’s chosen unit is a percentage point. That is the playful paradox of the royalty business. The physical work grows while the owner of a small contractual slice can remain comparatively light. The rocks do not become less stubborn. The capital burden simply moves.

For founders outside mining, the useful part is not the commodity forecast. It is the structure. What can be handed to a better-funded partner? What piece of future value can be kept? Which expertise earns a durable claim rather than a one-time fee? And can the business survive long enough for one percent to become interesting?

Cole has spent four decades asking versions of those questions, first in the field, then in the boardroom. His answer is written across a map of mineral rights: find carefully, transact deliberately, and allow time to reveal how valuable the tiny sentence on the page may become.

Source: https://yespress.io/david-cole

Categories
Base Metals Energy Junior Mining Precious Metals

West Point Gold Adds C$4.1 Million Through Warrant Exercises, Strengthening Treasury Ahead of 30,000-Metre Drill Program

Vancouver, British Columbia–(Newsfile Corp. – October 29, 2026) – West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) (“West Point Gold” or the “Company”) is pleased to announce that it has received approximately C$4.1 million from the exercise of outstanding warrants, further strengthening its treasury ahead of its planned 30,000-metre drill program at the flagship Gold Chain Project in Arizona. The additional capital positions the Company to execute its planned exploration activities through May 2027 while maintaining financial flexibility.

“The significant exercise of outstanding warrants reflects continued investor confidence in West Point Gold and the direction we’re taking at Gold Chain. This support has further strengthened our balance sheet, providing the financial flexibility to execute our planned 30,000-metre drill program through May 2027 while maintaining a strong treasury. We plan to build on that confidence through disciplined execution, expanding the known mineralized footprint, testing new targets, and demonstrating the broader potential of Gold Chain. We believe the work ahead represents an important opportunity to create meaningful long-term value for our shareholders,” stated Derek Macpherson, President & CEO.

Gold Chain Exploration Program and Warrant Exercise Update
The planned 30,000-metre drill program at Gold Chain should expand the known mineralized footprint and test additional exploration targets. The Company expects to provide updates as drilling progresses and results become available.

Since June 30, 2026, the Company has received approximately C$4.1 million from warrant exercises. The remaining outstanding warrants and their expiry dates are summarized in Table 1.

Table 1: Outstanding Warrants

EXPIRATIONEXERCISE PRICEWARRANTSVALUE
15-NOV-2026$0.401,720,179$688,072
10-JUN-2027$0.4553,334$24,000
10-JUN-2027$0.556,599,400$3,629,670
19-FEB-2028$1.101,045,4551,150,000
TOTAL9,418,368$5,491,742

About West Point Gold Corp.
West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America’s most productive gold regions. The Company’s near-term priority is advancing its flagship Gold Chain Project in Arizona.

For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email: info@westpointgold.com

Stay Connected with Us:
LinkedIn: linkedin.com/company/west-point-gold
X (Twitter): @westpointgoldUS
Facebook: facebook.com/Westpointgold/
Website: westpointgold.com/

FORWARD-LOOKING STATEMENTS:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates, ability to define economic mineralization, favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to West Point Gold’s ability to complete any payments or expenditures required under the Company’s various option agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial position may not be consistent with the Company’s expectations due to accidents, equipment breakdowns, title and permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company’s expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral exploration and development industry, and those risks set out in the filings on SEDAR+ made by the Company with securities regulators. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321505

Categories
Base Metals Blog Breaking Energy Junior Mining

First Breach Advances Ammunition and Drone Manufacturing Expansion as U.S. Reshoring Accelerates

Federal investment and new procurement rules help push critical production back onto American lines

HAGERSTOWN, MD / ACCESS Newswire / October 29, 2026 / First Breach Inc. (NASDAQ:FBDT) (“First Breach” or the “Company”), an American-made defense technologies company focused on vertically integrated ammunition production and next-generation unmanned aerial systems, is advancing its Hagerstown manufacturing expansion as federal investment and procurement priorities reinforce demand for domestic defense production. The Company believes this shift reflects a lasting national security priority that extends beyond any single policy cycle.

The Pentagon’s roughly $1 billion Drone Dominance Program, announced in December 2025, aims to buy hundreds of thousands of American-made drones and is designed to give industry a steady, long-term demand signal. The program’s second phase, which takes effect this year, restricts motors and battery systems from covered countries.

“For 20 years, manufacturing decisions defaulted to building overseas because it was cheaper,” said Jeffrey Low, CEO of First Breach. “Basing decisions on cost alone is now over. One area where this country has decided it will no longer depend on foreign factories is the production of ammunition and drones for its own military and its own agencies’ needs. That is what reshoring looks like today, with U.S. manufacturers directly benefitting from billions of dollars in new contracts and investments in facilities and workers to meet increased demand.”

Policy is moving the same way on other fronts. New procurement rules bar federal agencies from buying foreign-made drones. The FCC’s restrictions on foreign-made drone hardware, with exemptions for Blue UAS and Buy American drones now running through January 1, 2028, are further steering buyers toward domestic suppliers.

“This is what a serious reshoring effort should look like: policy and manufacturing capacity arriving together rather than years apart,” said Jordan Low, President and Chief Operating Officer of First Breach. “Anyone can say they support American manufacturing, but it’s just talk unless there is investment to back those words up, we are putting money where our mouth is by moving from a single product line to a vertically integrated ammunition and drone operation, built entirely on U.S. soil, on a timeline that gets ahead of the deadlines the federal government has set for itself.

First Breach is targeting scaled drone production at its Hagerstown campus by Q2 2027, ahead of the exemption deadline. The Company currently has approximately 80,000 square feet dedicated to ammunition manufacturing, with more than 200,000 additional contiguous square feet under development to expand ammunition production and establish drone manufacturing operations.

As part of this expansion, First Breach has conducted extensive testing of its American-made unmanned aerial systems, with two proprietary drone platforms now in active flight testing. Among its recent successes, the Company’s Close Quarters Strike platform has completed untethered flight, executed a fully autonomous mission from takeoff through landing along a predetermined satellite navigation route, and reached 100 mph in testing without a payload. Its larger Long Range Strike platform has also completed its initial test flight. The two platforms share components and manufacturing resources designed to support efficient, scalable production as development and testing continue. The company expects to complete initial drone prototypes by Q4 2026 with a target of scaled production in Q2 2027.

About First Breach

First Breach Inc. is an ISO 9001:2015 certified, American-made defense technologies company focused on manufacturing match-grade ammunition components, finished ammunition, and developing next-generation unmanned aerial systems for commercial, law enforcement, and military markets. The Company manufactures its products in-house at its Hagerstown, Maryland facility, where it produces brass cups, casings, projectiles, lead cores, lead wire, and completed ammunition with rigorous quality control standards. First Breach is also advancing its drone strategy through the development of U.S.-made unmanned systems, leveraging advanced engineering, robotics, ISR and sensor technologies, and precision manufacturing capabilities to address evolving defense, homeland security, law enforcement, and commercial requirements across domestic and international markets.

For more information, please visit: First Breach Inc.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and include statements regarding the Company’s expectations, beliefs, plans, objectives, strategies, future events, future performance, business prospects, growth initiatives, acquisitions, market opportunities, capital resources, operational objectives, and other statements that are predictive in nature. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on management’s current expectations, assumptions, and beliefs regarding future developments and their potential effect on the Company. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.

Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in economic, business, market, competitive, regulatory, technological, legal, and geopolitical conditions; the Company’s ability to execute its business strategy; access to capital and financing; customer demand; industry developments; and other risks and uncertainties described from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required by applicable law, the Company undertakes no obligation to update, revise, or publicly disclose any revisions to any forward-looking statements to reflect events, circumstances, or changes in expectations occurring after the date of this press release.

Investor Relations

Frank Pogubila
Partner
Integrous Communications
Phone: 951.946.5288
Email: fpogubila@integcom.us
Website: www.firstbreach.com

For additional company updates, follow First Breach on LinkedIn, X, and Facebook.

SOURCE: First Breach

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Categories
Base Metals Copper Bullet Mines Energy Junior Mining Precious Metals Project Generators

Coyote Copper Mines Inc. Reports Surface Copper Results Ahead of November Drilling

Toronto, Ontario–(Newsfile Corp. – October 28, 2026) – Coyote Copper Mines Inc. (TSXV: CCMM) (“Coyote Copper” or the “Company”) is pleased to provide an exploration update from its Copper Springs Project in Arizona’s Copper Triangle (Figure 1). Since the February and March geophysical programs, the Company has expanded its land position and carried out additional geophysical surveys, surface mapping and sampling to refine drill targets. Proceeds from the accelerated warrant exercise provided funding for the expanded exploration and staking program. Drilling is scheduled to begin around November 16, 2026.

Dan Weir, CEO of Coyote Copper Mines Inc., commented;

“Coyote Copper has signed Confidentiality Agreements (“CA’s”) with 6 major copper mining companies some of which have visited the project multiple times. Other company visits are being planned.”

“After successful geophysics programs in February and March of 2026, the company increased the original USD$200,000 geophysics budget to USD$1,500,000, increased our land position, and added expanded soil geochem and rock sampling programs. This effort was endorsed by the six major copper mining companies with which we have signed CA’s. The project continues to return great results and demonstrates the potential for multiple porphyry copper deposits. The expanded exploration program is ongoing, with efforts focused on prioritizing Phase One drill targets from our 37 permitted drill sites. With such a huge project and so many viable targets being revealed, we expect to be making a huge impact in the area, and for our investors.”

Highlights

● 214 additional claims have been staked, bringing Copper Springs to 1,100 claims covering approximately 22,086 acres (89.4 km²) (Figure 2).

● Rock chip results (Figure 3, Table 2):

○ West Gibson: 19.25% Cu over 0.60 m.

○ Around Gibson: 13.79% Cu over 0.30 m.

○ Maher: 0.54% Cu and 4,841.8 ppm molybdenum (Mo) over 0.50 m.

  • Assays are pending for 1,056 soil samples, 117 rock samples and 46 channel samples (Table 1). Regional soil sampling is complete across the expanded land position. A further 679 soil samples are planned for infill over the Santa Ana chargeability anomaly and surrounding targets.

● Drone surveying began on October 19 to extend magnetic coverage beyond the February survey area and collect radiometric data across the Project.

● Strong chargeability response near Santa Ana is evident in preliminary induced polarization (IP) results. TMC Geophysics and Zonge Geophysics continue IP and electromagnetic surveys across the Project (Figure 6, Table 3).

● Major Drilling is scheduled to begin drilling around November 16, 2026. Permits cover road construction and 37 drill locations (Figure 9). Phase 1 will test shallow oxide and deeper sulfide targets.

Regional Setting and Exploration Focus

Copper Springs lies near Globe and Miami in Arizona’s Copper Triangle, within the porphyry copper belt that hosts Pinto Valley, Miami and Resolution (Figure 1).

Figure 1. Location of Copper Springs among copper deposits and operations in Arizona’s Copper Triangle.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8516/321390_image001_2000.jpg

Land Package Expanded to Approximately 89.4 km²

The Company recently staked 214 additional claims based on geophysical and soil sampling results. The expanded land position now includes 1,100 claims, up from 886, and covers approximately 22,086 acres (89.4 km²). Additional mapping and soil sampling are planned or in progress across the expanded project area.

Figure 2. Existing and newly staked claims at Copper Springs.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8516/321390_image003.jpg

Exploration Data Summary

Copper assay results are available for 2,729 of the 3,948 rock, channel and soil samples collected during the program (Table 1). Rock and channel sampling characterize exposed mineralization (Figure 3), while soil surveys outline geochemical patterns across a wider area for comparison with mapped geology and geophysical responses.

Table 1. Surface Sampling

Sample typeCollectedCu assays
Rock454337
Channel399353
Soil3,0952,039

Channel sampling totals 396.39 m across 399 samples. Assays are pending for 1,056 of the collected soil samples.

Grab, dump and selective chip samples may not represent the average grade of the mineralization.

Figure 3. Rock and channel copper assays (%) over spectral IP phase at 800 m elevation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8516/321390_image005.jpg

Rock And Channel Geochemistry

Rock and channel sampling tests copper-bearing quartz veins, faults and exposed mineralization at West Gibson, area around the Gibson Mine, Santa Ana and MF. Table 2 presents samples returning at least 1% Cu, together with selected molybdenum and channel results.

These results exclude samples reported in the Company’s October 1, 2025 and April 30, 2026 news releases and historical 2016 Teck samples.

Table 2. Significant Surface Sampling Results

SampleTargetTypeWidth
(m)
EastingNorthingCu
(%)
Mo
(ppm)
Ag
(g/t)
Certificate
2027129West GibsonRock chip0.60503463368855319.2518.5017.85SP0158872
2027134West GibsonRock chip0.80503433368861110.6337.4015.30CYTE26-001
1844755West GibsonRock chip0.6050348336886968.0621.0010.07SP0156942
2027150West GibsonSelective grab (dump)50359536889786.1936.502.90CYTE26-001
2027151West GibsonRock chip50356336890064.466.700.90CYTE26-001
2027127West GibsonRock chip0.5050340136885764.3814.405.34SP0158872
2027126West GibsonDump grab50336536884754.324.904.22SP0158872
2027124West GibsonRock chip1.0050328536883763.849.401.62SP0158872
2027145West GibsonSelective grab (dump)50336836885163.791.704.40CYTE26-001
2027152West GibsonRock chip50357236889233.086.903.30CYTE26-001
1844757West GibsonRock chip0.7050351536887372.848.001.85SP0156942
1844756West GibsonRock chip0.4550348336886931.904.309.84SP0156942
2027142West GibsonRock chip50343736885441.630.900.70CYTE26-001
2010815West GibsonRock chip1.0050336536885041.442.502.50CYTE26-006
1844758West GibsonRock chip0.2550351936887411.198.101.25SP0156942
2027133West GibsonRock chip1.0050342236885991.180.707.90CYTE26-001
2027125West GibsonRock chip1.5050328236883741.092.001.00SP0158872
1844753Around GibsonRock chip0.30504161368847713.7917.6028.85SP0156942
1844752Around GibsonRock chip0.2050415336884746.3010.208.87SP0156942
1844750Around GibsonRock chip0.6050415536884725.935.801.80SP0156942
2027171Around GibsonRock chip1.0050412036884594.830.900.40CYTE26-001
2027165Around GibsonSelective chip0.2050371936880974.077.6010.70CYTE26-001
1844748Around GibsonSelective grab50469836874923.75168.402.38SP0156942
1844749Around GibsonRock chip0.6050415536884733.668.605.46SP0156942
2027164Around GibsonRock chip1.0050368336883233.079.202.10CYTE26-001
2027172Around GibsonSelective chip1.0050452736884293.054.201.10CYTE26-001
2027153Around GibsonRock chip1.0050442936885312.342.106.00CYTE26-001
2027154Around GibsonRock chip0.5050445936885442.280.502.00CYTE26-001
2027155Around GibsonRock chip0.8050445936885441.900.801.20CYTE26-001
2027156Around GibsonSelective chip0.5050445936885441.090.200.30CYTE26-001
1844751Around GibsonRock chip1.2050415436884731.062.400.60SP0156942
2010533West LobeDump grab50797536887553.23211.000.60CYTE26-005
2010579Santa AnaRock chip1.0050908336891471.8828.901.80CYTE26-006
2010212Rock chip0.5050943336895211.428.403.66SP0158872
2010225BP 4Rock chip0.5050723236906521.129.406.50SP0158872
2010546Rock chip50881236895891.03734.0011.60CYTE26-006
2010922MF BXChannel1.0050922936895010.913.301.60CYTE26-005
2010202MaherRock chip0.5050910536900510.544,841.801.44SP0158872
2010544Rock chip50882036896520.431,500.001.00CYTE26-006
2010543Rock chip50882536896910.192,000.000.60CYTE26-006
2010594Rock chip50881636892300.173,030.001.60CYTE26-006
2010565Santa AnaRock chip1.5050895036890440.141,850.006.00CYTE26-006
2010536Rock chip50873136898660.0131,480.000.10CYTE26-006
2010556Black RockRock chip1.5050587736822202.784.1019.60CYTE26-006
2026316Poly BXTailings grab50667036843801.6092.0064.20SP0155090
2010224Red Rock QSPRock chip0.5050500836832531.4137.8079.51SP0158872
2026308Red Rock QSPRock chip50498036832261.274.003.20SP0155090
2026306Red Rock QSPDump grab50495136831981.181.000.40SP0155090

Coordinates are WGS84 UTM Zone 12N. Blank widths indicate that no sample width is reported. Widths are sampled lengths and are not true widths.

Soil Geochemistry

Soil copper anomalies help guide follow-up exploration in the area close to Gibson, West Gibson and Santa Ana exploration areas highlighted in Figure 4. Regional soil sampling has been completed across the remaining areas within the new project boundary at 100 m and 200 m spacing, with 1,056 samples awaiting assays.

Figure 4 shows the previously reported soil copper anomalies in relation to the mapped exploration targets. A further 679 soil samples are planned over the Santa Ana chargeability anomaly and surrounding targets.

Figure 4. Soil copper percentile classes (ppm) and exploration target areas.

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Geology, Geophysics And Integrated Drill Targeting

Table 3. Geophysical Programs

PhaseContractorSurveyCoverageStatus
1Zonge GeophysicsUAV magnetics635 line-km, 100 lines
50 m spacing
Completed 2/26
1Zonge Geophysics
Deep Blue Geophysics
MT, SIP and CSEMInitial 3D survey gridCompleted 5/26
2TMC Geophysics2D IP15 lines, 48.30 line-kmIn progress
2Zonge GeophysicsMT, SIP and CSEM123 receivers (17 repeat)
22 transmitters (2 repeat)
In progress
2MWH Geo-Surveys InternationalUAV magnetics and radiometrics50 m spacing
Mag 1,068 line-km (53.2 km²)
Radiometrics 1,682 line-km
In progress

IP And CSEM Survey Coverage

Geophysical surveying continues across the Project, including 2D IP work tying Gibson to the Santa Ana area across the IP “Donut” (Figure 5). Preliminary 2D IP results show a strong chargeability response near Santa Ana (Figures 6 to 8).

Figure 5. Planned IP lines and CSEM stations over spectral IP phase at 600 m elevation.

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Copper Assays And Drill Targeting

Field mapping has focused on ground-truthing the geophysical signatures. The strongest chargeability response lies west of the main surface copper occurrences (Figure 6), and this south-western high reaches surface at two locations that coincide with copper oxides. The sulfide mineralization exposed at MF Creek and Santa Ana correlates with an intermediate chargeability response. Assays are pending for many of the samples collected over the chargeability high. Mapping and assay results will guide drillhole placement to test whether the exposed mineralization connects with the chargeability response at depth.

Figure 6. Surface copper assays in percent over modeled chargeability at 1,300 m above sea level.

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Structural Controls

Structural mapping has recorded 3,614 measurements to date: 3,428 veins, 145 faults and 41 other structures. The mapped veins and faults extend across the chargeability response (Figure 7), and they are being used to define the structural controls on mineralization and to target drilling for both shallow and deep targets.

Figure 7. Vein and fault measurements over modeled chargeability at 1,400 m elevation.

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Chargeability in Three Dimensions

Intersecting chargeability sections L1N and L6E show the modeled response beneath the surface geology (Figure 8). The response is strongest on L1N beneath the Santa Ana area and weaker on the intersecting L6E section. The three-dimensional view also shows that much of the copper-sulfide mineralization is associated with intermediate chargeability outside the large south-western high, and this subsurface information is being used to plan drillhole intercepts with geophysical features.

Figure 8. Three-dimensional view of modeled chargeability sections L1N and L6E with surface geology and copper assays.

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Drilling Scheduled to Begin Around November 16

Permit approvals have been received for 37 Phase 1 drill locations, each capable of accommodating multiple drillholes. Road construction is advancing on schedule to support the November start of drilling. Figure 9 shows the planned access network and construction progress toward the initial drill sites. Major Drilling is scheduled to begin drilling around November 16, 2026.

Figure 9. Phase 1 access routes and permitted drill sites at Copper Springs.

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Mineral Resource Status

The November 23, 2025 technical report contains no current mineral resource or mineral reserve estimate.

Sampling, Analysis And Quality Control

MineOro collected channel, rock chip and selective grab samples. Channels were cut with a diamond saw to approximately 3 inches depth, and continuous rock chips were collected across marked intervals. Selective grabs were collected from outcrop and mine dumps. Sample types, locations, widths and analytical results are provided in Table 2.

Samples were uniquely numbered, bagged and sealed, with photographed sites and handheld GPS locations recorded in WGS84 UTM Zone 12N. Samples were securely stored before delivery or courier shipment to the analytical laboratories.

Soils were collected from B-C horizons at depths of 6 to 12 inches and sieved to 60 mesh in the field.

Verification included comparing assay data with field records and laboratory reports and reviewing standards, blanks and laboratory repeats. Rock laboratory repeats assess analytical precision. No field or coarse-reject duplicates were available in the reviewed rock dataset to assess sampling and preparation variability. For mapping, results below detection were assigned numerical values, primarily half the detection limit. Results above range without a final overlimit assay were capped at the reporting limit.

Skyline Assayers & Laboratories, Tucson, Arizona, prepared and analyzed rock, channel and soil samples. Skyline holds ISO/IEC 17025 accreditation for the relevant preparation and analytical methods.

Skyline determined total copper by multi-acid digestion with an AAS finish (CuT) and multielement concentrations by near-total multi-acid digestion with ICP-OES/ICP-MS (TE-5). Overrange copper was determined by long iodide titration and overrange molybdenum by single-element assay.

American Assay Laboratories (AAL), Sparks, Nevada, holds ISO/IEC 17025 accreditation. Rock preparation comprised crushing to 70% passing 2 mm, splitting 300 g and pulverizing to 85% passing 75 µm. Analysis used a 0.5 g four-acid plus boric acid digestion with ICP-OES or ICP-OES/ICP-MS (IO-4AB51 or IM-4AB52). Copper above 10,000 ppm was determined by ore-grade ICP-OES (IO-4ABOR).

ALS prepared 437 soil samples in Tucson, Arizona, by screening to minus 180 µm and analyzed them in North Vancouver, British Columbia, using a 0.5 g aqua regia digestion with ICP-MS/ICP-AES (ME-MS41L).

Skyline, AAL and ALS are independent commercial laboratories. MineOro conducts the sampling program for the Company.

MineOro’s field quality-control program includes certified reference materials and blanks at approximately 5% of the rock and channel sample stream, and certified reference materials and field duplicates at approximately 2% of the soil sample stream. Skyline and AAL also analyzed laboratory reference materials, blanks and duplicates with each batch. Some certified reference materials in the AAL soil batches returned low copper recoveries. The soil results were accepted for reconnaissance interpretation.

Qualified Persons

Michael N. Feinstein, PhD, CPG, of MineOro, is the Company’s project Qualified Person and is independent of the Company under NI 43-101. He prepared, reviewed and approved the scientific and technical disclosure in this release and has verified the supporting data. Bay Woods, CPG, prepared or supervised implementation of the maps and figures and monitored QA/QC. Both are Qualified Persons under National Instrument 43-101, Standards of Disclosure for Mineral Projects.

For More Information

Dan Weir
CEO, Coyote Copper Mines Inc.
DanWeir@CoyoteCopper.com
Tel: +1-416-720-0754

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding ongoing and proposed exploration activities, completion and interpretation of geophysical surveys, construction of access roads and drill pads, commencement and timing of drilling, and the objectives and potential results of exploration programs.

Forward-looking information is often, but not always, identified by words such as “plans,” “expects,” “is expected,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” “believes,” “may,” “could,” “would,” “might” or “will.” Forward-looking information is based on management’s current expectations, estimates, assumptions and beliefs and is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such risks include risks applicable to mineral exploration companies, including title, permitting, environmental, exploration, contractor availability, financing and commodity-price risks.

There can be no assurance that forward-looking information will prove to be accurate. Readers should not place undue reliance on forward-looking information. Forward-looking information contained herein is made as of the date of this news release and, except as required by applicable law, the Company disclaims any obligation to update or revise such information as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321390

Categories
Base Metals Breaking Energy Junior Mining Precious Metals Project Generators

AIAI Holdings and M42 Complete Strategic Transaction to Establish a War Tech Consortium

This transaction will be accretive to earnings per share for the current Ai² shareholders.

Based on projections provided by Messier 42, it is expected that the Services Agreement will generate approximately $125 million in cash for Ai² in 2027 based on the current sales pipeline

DALLAS, TX / ACCESS Newswire / October 27, 2026 / AIAI Holdings Corporation (NASDAQ:AIAI) (“Ai² ” or the “Company”), an AI-enabled diversified holding company utilizing Transformational AI to enhance portfolio performance, today announced that they are partnering with Messier 42 LLC (“M42”), under common control with Ai², to create a War Tech Consortium (the “Consortium”).

Under the terms of a services agreement (described below), the Consortium will pursue the acquisition of, and strategic partnerships with, defense technology companies to commercialize and distribute products and services in the US and internationally, subject to applicable regulations. Through the combined resources and expertise of Ai² and M42, the Consortium intends to enhance the capabilities, operational efficiency and market potential of its portfolio companies and contractual relationships by integrating Ai²’s proprietary Transformational Artificial Intelligence (“TAI”) across their products, services, and business operations.

The speed at which the portrait of war is changing is at a point that humans have not dealt with in our known history. The Consortium will focus on applying psychometric Ai, a key component of TAI, to the central platform brain which we expect will create an opportunity for the immediate insertion of new weaponry and cyber security bots. Mankind needs an ally from the individual to the sovereign state level. The same is increasingly the case in commercial realm where terrorist threats are more frequent than ever.

This announcement is an expansion of the transaction described in of the press release dated September 18, 2026, describing the capital contribution to be made by M42 to Ai² of a controlling interest in the M42 subsidiary that has a sales representative agreement to enhance and sell anti-drone technology (the “Existing Agreement”). The new collaborative arrangement with M42 will be undertaken pursuant to a services agreement entered into between Ai² and M42 on October 26, 2026 (the “Services Agreement”). Under the Services Agreement, Ai² will provide services to M42 necessary to develop and enhance the Consortium’s business relationships. Ai² and M42 will work together to assemble a portfolio of defense related entities the operations of which are expected be enhanced by the Consortium’s technology to collectively address contemporary and future military threats. In consideration for providing these services, the Company will receive a percentage of the net proceeds generated by the Consortium’s businesses, beginning with the right to receive 50% of the net proceeds generated by the Existing Agreement. The Existing Agreement is the first of what the companies believe will be several similar transactions acquired or developed by the Consortium.

While the transaction does not provide for a controlling interest in the M42 subsidiary as previously announced, it reflects a much broader strategic approach to defense technologies addressing both current and emerging security needs. It also recognizes growing commercial demand for advanced defense and protective technologies to safeguard high value fixed assets, including professional and collegiate sports stadiums, shopping malls and other commercial, municipal and state facilities.

This transaction will be accretive to earnings per share for the existing Ai² shareholders. Based on its projections, M42 anticipates that the Services Agreement will generate approximately $125 million in cash for Ai² in 2027 based on the current sales pipeline.

This transaction represents a deepening of the mutually beneficial relationship between M42 and Ai² and underscores their continuing conviction in Ai²’s long-term strategy, its differentiated position in TAI, and the ability of its Board and management team to execute at scale. The Rochon family which control M42 have been associated with Ai² since its inception, and the Services Agreement between the two entities further align their interests with Ai²’s long-term value creation objectives.

“The management team of Ai² and its Board of Directors have demonstrated already their remarkable capabilities as a team to execute on the company’s vision and strategy. Further, my family and I have a vested interest in their success and in working together to create value that will lead to a safer world,” said Chairman John Rochon.

“We are grateful for the continued confidence that the Rochon Family has in our team. This strategic transaction will fundamentally strengthen the Company by enhancing our cash position allowing us to build on our long-term strategy without dilution to shareholders” said Todd Furniss, Ai²’s Chief Executive Officer.

About AIAI Holdings Corporation

AIAI Holdings Corporation (Ai²) (NASDAQ:AIAI) is an AI-enabled diversified holding company that acquires and grows companies across multiple industries. We expect to drive revenue and earnings growth throughout our portfolio by applying exclusively licensed Transformational AI to enhance operational efficiency and financial performance.

Ai² is building a next-generation model for technology-enabled business operations, which is expected to create sustainable value for shareholders through the strategic integration of artificial intelligence across diverse industries. More information can be found at: www.aiaiholdings.com

Cautionary Note Regarding Forward Looking Statements

This press release contains “forward-looking statements” or “forward-looking information” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and plans of the Company, including, without limitation, M42’s projections of revenues that it expects to be generated by the business relationships subject to the Services Agreement. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our expectations, intentions, beliefs, plans, objectives, goals, strategies, future events or performance, and underlying assumptions. Forward-looking statements are often identified by the use of words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “would,” “could,” “should”, “estimate,” “plan,” “predict,” “project,” “estimate”, or “continue,” or similar expressions, including the negative of these terms or other comparable terminology.

Forward-looking statements are based on the Company’s current expectations regarding its strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events, including the third-party revenue projections described herein, and are subject to a number of known and unknown risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to our lack of operating history, our ability to attract new investments, our failure to manage growth effectively, our acquisition activities may pose risks that could harm our business, and our licensed AI may not perform up to the expected standards, as well as general business and economic conditions, competitive pressures, regulatory changes, technological developments, and other factors identified in the Company’s most recent filings with the U.S. Securities and Exchange Commission, including our Registration Statement on Form S-1, which are available for review at www.sec.gov. Furthermore, the Company operates in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results.

The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any intention to, and, except as may be required by law, undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which the Company hereafter become aware. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Investor Relations

Matthew Selinger, Senior Partner
Integrous Communications
Email: mselinger@integcom.us
Phone: 415-572-8152

Visit and follow AIAI Holdings Corporation online:

Website: www.aiaiholdings.com
LinkedIn: https://www.linkedin.com/company/aiaiholdings/
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SOURCE: AIAI Holdings

View the original press release on ACCESS Newswire

Categories
Base Metals Energy Junior Mining Precious Metals Project Generators

First Breach Completes First Test Flight of Long Range Strike Drone

Larger of the Company’s two Class 1 attritable platforms takes to the air, joining the Close Quarters Strike platform already in-flight testing.

Long Range Strike platform is designed for greater than 20 km range, ~ 1 kg payload, and fully non-Chinese sourcing of all key electronic and power components, with production scaling targeted for Q2 2027

HAGERSTOWN, MD / ACCESS Newswire / October 27, 2026 / First Breach Inc. (NASDAQ:FBDT) (“First Breach” or the “Company”), an American-made defense technologies company focused on vertically integrated ammunition production and next-generation unmanned aerial systems, today announced the successful initial test flight of its Long Range Strike (“LRS”) platform, the second of the two proprietary drone platforms under development with Hellbender, Inc. Both the LRS and the Company’s Close Quarters Strike (“CQS”) platform are now in active flight testing.

Close Quarters Strike and Long Range Strike platforms

“Having both platforms in flight testing is an important step in expanding our drone product portfolio,” said Jeffrey Low, Co-Founder and Chief Executive Officer of First Breach. “These two aircraft share components, share a supply chain, and share a production line. That was the plan from the first day of the Hellbender agreement, and today both of them are flying. For the long-range mission, this is the platform the Department of War has been describing, built the way they have asked for it to be built.”

The LRS is a compact, man-portable Class 1 unmanned aircraft system weighing under 9 kg (20 lb.), with propellers under 457 mm (18 in) and a wheelbase or folded wingspan under 350 mm. The platform is designed for a range in excess of 20 km, a current speed of approximately 120 km/h, and a payload of ~1 kg. Operators control the aircraft in first-person view, with computer vision search assistance layered over map-based waypoint navigation. Onboard hardware is intended to support identification friend or foe and terminal guidance, while modular radio connectivity and GNSS-denied navigation hardware are intended to support resilience in environments affected by electronic warfare. Designed from inception for high-volume robotic assembly, the LRS sourcing plan calls for 100 percent non-Chinese sourcing of its battery pack, motors, power electronics, flight control system, flight computer, and vision guidance system.

The milestone advances First Breach’s development of two distinct products built around common components, a shared supply chain, and a common production line. This approach is intended to support manufacturing efficiency and scalable assembly as the Company progresses toward commercialization. First Breach continues to target completion of its initial prototypes in the fourth quarter of 2026 and the start of scaled production in the second quarter of 2027.

About First Breach

First Breach Inc. is an ISO 9001:2015 certified, American-made defense technologies company focused on manufacturing match-grade ammunition components, finished ammunition, and developing next-generation unmanned aerial systems for commercial, law enforcement, and military markets. The Company manufactures its products in-house at its Hagerstown, Maryland facility, where it produces brass cups, casings, projectiles, lead cores, lead wire, and completed ammunition with rigorous quality control standards. First Breach is also advancing its drone strategy through the development of U.S.-made unmanned systems, leveraging advanced engineering, robotics, ISR and sensor technologies, and precision manufacturing capabilities to address evolving defense, homeland security, law enforcement, and commercial requirements across domestic and international markets.

For more information, please visit: First Breach Inc.

About Hellbender

Hellbender, Inc. is a Pittsburgh-based engineering and advanced manufacturing company specializing in physical AI, computer vision, drones, robotics, electronics design, and automated manufacturing. Operating from approximately 90,000 square feet of facilities, the company provides integrated product development capabilities spanning engineering, prototyping, printed circuit board assembly, advanced sensor integration, robotic manufacturing, and production testing. More than 25% of Hellbender’s workforce consists of military veterans, supporting its commitment to American manufacturing and technical innovation.

For more information, please visit: Hellbender

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and include statements regarding the Company’s expectations, beliefs, plans, objectives, strategies, future events, future performance, business prospects, growth initiatives, acquisitions, market opportunities, capital resources, operational objectives, and other statements that are predictive in nature. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions, although not all forward-looking statements contain these identifying words.

Forward-looking statements are based on management’s current expectations, assumptions, and beliefs regarding future developments and their potential effect on the Company. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.

Factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in economic, business, market, competitive, regulatory, technological, legal, and geopolitical conditions; the Company’s ability to execute its business strategy; access to capital and financing; customer demand; industry developments; and other risks and uncertainties described from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required by applicable law, the Company undertakes no obligation to update, revise, or publicly disclose any revisions to any forward-looking statements to reflect events, circumstances, or changes in expectations occurring after the date of this press release.

Investor Relations

Frank Pogubila
Partner
Integrous Communications
Phone: 951.946.5288
Email: fpogubila@integcom.us
Website: www.firstbreach.com

For additional company updates, follow First Breach on LinkedIn, X, and Facebook.

SOURCE: First Breach

View the original press release on ACCESS Newswire