Category: Energy

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Base Metals Energy Junior Mining Precious Metals

West Point Gold Announces Upgrade to the OTCQX

Vancouver, British Columbia–(Newsfile Corp. – May 26, 2026) – West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0)  (“West Point Gold” or the “Company”) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol “WPGCF“. West Point Gold upgraded to OTCQX from the OTCQB Venture Market. West Point Gold’s common shares will continue to trade on the Toronto Venture Exchange under the symbol “WPG” and on the Frankfurt Stock Exchange under the symbol “LRA0″.

The OTCQX Best Market is the highest market tier within OTC Markets, and trading on OTCQX will enhance the Company’s visibility and accessibility to US investors. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.

US investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

“Graduating to the OTCQX Best Market represents an important milestone for West Point Gold as we continue to broaden our visibility with U.S. investors. With an active exploration program underway at our flagship Gold Chain Project in Arizona and a broader portfolio of discovery-focused assets across the Walker Lane Trend, this upgrade supports our objective of improving market access, liquidity and awareness as we advance the Company,” stated Derek Macpherson, President and CEO.

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, timing of the Company’s maiden resource estimate, 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/298828

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Base Metals Energy Junior Mining Precious Metals

Goldman maintains bullish gold outlook as central bank buying forecasts rise

Goldman Sachs has reaffirmed its positive stance on gold, keeping its year-end forecast of $5,400 per troy ounce after increasing its estimates for central bank demand and predicting that official-sector purchases will continue accelerating throughout the remainder of 2026.

The investment bank revised its internal tracking model for central bank gold demand after concluding that it had consistently understated buying activity since August 2025. Under the updated methodology, the 12-month moving average estimate rose to 50 tonnes per month as of March, compared with 29 tonnes under the earlier calculation.

According to the revised model, central banks are estimated to have purchased 66 tonnes of gold in January, a sharp increase from the previous estimate of 12 tonnes.

Goldman said the adjustment follows a widening discrepancy between declining gold inventories in London vaults and official U.K. trade figures. While bullion outflows from London storage facilities had continued to climb, British export data appeared to capture only part of those movements, indicating that some sovereign gold transactions were no longer being reflected in official statistics.

“We therefore adjust our nowcast by adding the discrepancy between London vault outflows and UK net exports as unrecorded sovereign gold flows,” Goldman strategists Lina Thomas and Daan Struyven said in a note.

Looking further ahead, Goldman expects central bank buying to average around 60 tonnes per month through 2026. The bank pointed to findings from its own central bank survey that showed “strong underlying interest in gold,” adding that recent geopolitical tensions “are likely to reinforce diversification over time — both for central banks and private investors.”

However, the strategists warned that near-term volatility remains possible. “Gold’s high liquidity makes it a natural source of cash if private investors face liquidity needs,” they wrote, noting the risk of a broader selloff if equity markets weaken due to higher interest rates or softer economic growth linked to geopolitical uncertainty.

Goldman’s demand-tracking model is based largely on U.K. customs and trade data because London’s over-the-counter bullion market handles the majority of sovereign gold transactions globally. Since the U.K. has very limited domestic gold production, bullion traded in the country must be imported before either being stored in London vaults or re-exported, making trade flows a useful indicator of where gold holdings are ultimately moving.

Gold price

Source: https://finance.yahoo.com/markets/commodities/articles/goldman-maintains-bullish-gold-outlook-141040865.html

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Base Metals Energy Junior Mining Precious Metals Project Generators

Grizzly Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects, BC Canada

Edmonton, Alberta–(Newsfile Corp. – May 25, 2026) – Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (“Grizzly” or the “Company”) is pleased to announce that it has recently received results from the Phase 2 Induced Polarization (IP) Survey at the Sappho Target area by Peter Walcott & Associates and the Company has commenced a Phase 1 IP survey at the Greyhound – Motherlode area near the town of Greenwood. In addition, the Company has received the results of early 2026 sampling at the Greenwood, BC Precious and Critical Minerals Project from APEX Geoscience Ltd. (APEX). The collection of a total of 63 rock grab and sand (tailings) samples has resulted in the discovery of one new metal occurrence at the Motherlode Northeast (NE) area, along with a number of excellent copper (Cu) – gold (Au) results from some old workings outside of but along the east side of the Motherlode Pit, the Sunset Pit area, the Greyhound Pit area and at the Sappho Prospect. The targets are all part of the Greenwood, BC Precious and Critical Minerals Project (Figure 1).

The focus of the 2026 program will be additional Induced Polarization (IP) surveys at the Sappho and Motherlode areas, along with trenching and drilling at Midway, targeting the historical Midway Mine. The initial drill program at the Sappho Skarn Target area has been completed with a total of 1,485 m in 7 holes. The core is being logged and sampled and results will be provided as they are received. Additional Phase 2 drilling is also planned for the Sappho area to test the recently discovered and new IP chargeability anomaly to the southeast of the main skarn area. Additional prospecting, mapping and reconnaissance sampling will be conducted across the entire project area throughout 2026.

IP and Sampling 2026 Highlights

  • Phase 2 Sappho IP results extend the IP Chargeability Anomaly up to 500 m south and 1 km east and is open in both directions (Figures 2 and 3).
  • The core of the IP Chargeability Anomaly ranges from 30 mV/V up to 85 mV/V in intensity, and in many instances is coincident with a strong resistivity anomaly or in some cases a weak conductivity anomaly (Figures 2 and 3).
  • A total of 63 rock grab samples were collected in January – February from the Motherlode-Greyhound area, the Motherlode and Phoenix historical tailings areas, from the Sappho skarn target area and the Rock Creek area (Figures 2 and 3).
  • A new showing, Motherlode Northeast, has been discovered approximately 780 m northeast of the Motherlode pit and recent grab samples have returned up to 5.12 grams per tonne (g/t) Au, 66.7 g/t silver (Ag) and 0.528% Cu (Figures 2 and 3; Table 1).
  • A number of samples with anomalous Cu and Au were collected from a series of workings along the east side of the Motherlode pit, that have been uncovered with recent logging of the Motherlode area, including four rock grab samples returning a range of 0.709% Cu up to 1.8% Cu and 1.37 g/t Au up to 3.61 g/t Au (Figures 2 and 3; Table 1).
  • Two rock grab samples collected from a rubble pile previously unsampled at the southeast corner of the Sunset Pit have returned 1.505% Cu and 1.71% Cu along with 2.42 g/t Au and 3.1 g/t Au, and 17.8 and 29.9 g/t Ag (Figures 2 and 3; Table 1).
  • Grab samples from fine sand and silt at the Motherlode Tailings area and one of the Phoenix Tailings areas has returned up to 0.145% Cu and 0.416 g/t Au from the Motherlode Tailings material and up to 0.16% Cu and 0.831 g/t Au from the Phoenix Tailings material (Figures 2 and 3; Table 1).
  • A rock grab sample collected from the Sappho Skarn Target returned 4.77% Cu, 0.018% cobalt (Co) and 12.3 g/t Ag (Figures 2 and 3; Table 1).

Brian Testo, President and CEO of Grizzly Discoveries, stated, “The results from the geophysical programs at our Sappho target, Midway and Motherlode area, continue to define the most prospective areas and the potential for new precious metals and critical mineral discoveries. The IP survey has outlined an extensive porphyry type anomaly at Sappho and we are excited to receive drilling results from the Sappho Target. We look forward to additional trenching and drilling at Midway along with additional exploration for significant precious metals and critical minerals prospects across our entire 170,000+ acre land holdings in the Greenwood District!“

Figure 1: Land position and targets discussed in this News Release, Greenwood Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_002full.jpg

Figure 2. Greenwood East IP Survey Results and Au Results from 2026 Rock Grab Samples.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_003full.jpg

Figure 3. Greenwood East IP Survey Results and Cu Results from 2026 Rock Grab Samples.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_49c115b414496a5f_004full.jpg

Table 1. Summary Highlights Rock Grab Samples Early 2026 Exploration.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4488/298716_grizzlytableone.jpg

Plans for Summer and Fall 2026 Exploration at Greenwood

Trenching, rock and soil sampling along with drilling at the Midway Target area is being planned for summer and fall 2026. The IP surveys are continuing at Motherlode and there are extension lines being planned for Sappho to try and close out the large chargeability anomaly that has been identified in the 2026 surveys to date (Figures 2 and 3). The amount of drilling will depend upon the financing efforts and weather.

Additional results, including the results of the recently completed Phase 1 Sappho Skarn Target drilling will be forthcoming over the next coming months as work progresses and will be presented in additional news releases.

Quality Assurance and Control

Rock, soil samples and core are being analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Rock grab and rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

The sampling program was undertaken by Company personnel under the direction of Michael B. Dufresne, M.Sc., P.Geol., P.Geo.. A secure chain of custody is maintained in transporting and storing of all samples.

The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is a non-independent Consultant and Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha (approximately 180,000 acres) of precious and critical minerals properties in southeastern British Columbia. Grizzly is run by a highly experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration stage through to feasibility stage.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, President

Suite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4
Email : info@grizzlydiscoveries.com

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@grizzlydiscoveries.com

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.

Caution concerning forward-looking information

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298716

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Base Metals Energy Junior Mining Precious Metals

M42 Expands Defense and National Security Strategy Through Epirus Partnership and Fairfax International Defense Capabilities

DALLAS, TX / ACCESS Newswire / May 22, 2026 / Messier 42 LLC (“M42”), a private leading global artificial intelligence technology and digital transformation company, today announced that M42’s wholly owned subsidiary, Fairfax National Security Solutions LLC (“Fairfax”), has entered into a teaming arrangement with Epirus Inc. Under the agreement, Fairfax is expected to drive the compliant marketing and sales of select Epirus advanced counter-drone technologies to approved U.S. and allied government customers. M42 believes the agreement represents an important step in expanding Fairfax’s role as an international defense channel.

This agreement highlights the strategic importance of M42’s previously announced agreement to acquire a minority interest in Epirus, a high-growth defense technology company developing advanced counter-drone systems, including the Leonidas family of solid-state, software-defined, high-power microwave systems.

Epirus’ Leonidas platform is designed as a solid-state, high-power microwave system that uses advanced electronics and software-defined capabilities for counter-drone applications. This technology is designed to address the rapidly expanding threat posed by drones across military, homeland security, critical infrastructure, and allied defense environments.

Fairfax will serve as a compliant international channel to support the introduction, engagement, and potential sale of select Epirus counter-drone solutions into approved foreign markets. Fairfax is registered with the U.S. government as an exporter of defense training, equipment, and related defense services and solutions under the Arms Export Control Act and International Traffic in Arms Regulations, enabling participation in U.S. government and approved allied defense programs.

“Unmanned or drone systems are changing the character of modern conflict, creating an urgent need for scalable, sophisticated, and highly adaptable defensive capabilities,” said Patrick M. Walsh, Admiral, US Navy (ret), former Vice Chief of Naval Operations, former Commander, US Pacific Fleet, and a member of M42’s Advisory Board. “M42’s strategy brings together advanced technology, national security expertise, regulatory discipline, and allied-market access at a time when governments are seeking practical and affordable solutions to emerging drone threats. By combining Epirus’ leading counter-drone technology with Fairfax’s defense advisory and international compliance capabilities, M42 is positioning itself to support allied partners in addressing one of the most important defense challenges of our time.”

M42 believes the combination of Epirus’ technology with Fairfax’s national security and compliance infrastructure will create a significant long-term strategic opportunity. M42 expects Fairfax to play a central role in supporting disciplined, compliant, and targeted international engagement with approved allied governments and defense stakeholders.

“This is exactly the type of opportunity M42 was built to pursue,” said a spokesperson for M42. “The global defense environment is moving quickly, and the need for advanced counter-drone capabilities is no longer theoretical. Through our relationship with Epirus and our acquisition of Fairfax, M42 is bringing together leading technology, trusted national security leadership, and a compliant international defense platform. We believe this combination has the potential to become a meaningful contributor to M42’s long-term growth and free cash flow profile, while supporting allied governments in addressing urgent and evolving security needs.”

M42 previously announced its agreement to acquire a minority interest in Epirus in October 2025. The Company also announced its agreement to acquire Fairfax in March 2026 as part of the expansion of its Defense and National Security Unit.

About M42

M42 is a global leader in technology solutions and digital transformation, providing innovative services across various industries. As a syndicate leveraging AI for justice, truth and fairness, M42 combines deep expertise in artificial intelligence, cloud computing, and cybersecurity to drive growth and efficiency for its clients worldwide.

Forward Looking Statements

This document contains certain forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Forward-looking statements, including those related to M42, are statements that are based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond M42’s control. Except as required by law, M42 does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

M42 Contacts

Matthew Selinger, Senior Partner
Integrous Communications
Email: mselinger@integcom.us
Phone: 415-572-8152
Website: https://m42.com/

Visit us on social media:

Facebook = https://www.facebook.com/m42ai/
Instagram = https://www.instagram.com/m42_ai_/
X: https://x.com/M42_AI_

SOURCE: M42

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Base Metals Energy Junior Mining Precious Metals Project Generators

Sage Potash Moves Forward on Drill Program, Appoints Drake Well Service for Sage Plains Project

Vancouver, British Columbia–(Newsfile Corp. – April 29, 2026) – Sage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) (“Sage Potash” or the “Company”) is pleased to announce continued progress on its previously announced drill program (see news release dated April 07, 2026) at its Sage Plain potash project located in the Paradox basin, southwestern Utah.

Through its drilling management consultant, Westrock Energy Services (USA) Inc., the company has selected Drake Well Service Inc. (“Drake”) to complete the drilling program anticipated to commence in Q2 2026. Located in Farmington New Mexico, Drake is a privately owned service provider with over 60 years of experience in the region in which the Sage Potash claims are located. Among its range of services, Drake provides large rigs used in oilfield well drilling which are the same type of rigs required for accessing the Paradox potash deposits. Drake owns and operates an extensive array of equipment and has the appropriate drilling rig to complete the program in a safe and efficient manner. Drake was selected based on their local reputation for excellent work and commitment to safety. Drake will procure services from about 25 various service providers to deliver the project.

“Sage Potash has completed a comprehensive review of drilling contractors, and we are impressed with Drake’s reputation, equipment availability and their experience in delivering quality programs, dependable service and their commitment to safety. We look forward to working with Drake Well Service along with our management company Westrock and we are confident that they will deliver good value for Sage Potash,” said Pat Varas, Chief Executive Officer of Sage Potash.

Westrock has completed a detailed drilling plan and will provide oversight of all stages of the program. Site construction and mobilization is scheduled to start at the end of May with drilling commencing in early June. Three weeks have been scheduled to complete the drilling and core recovery with demobilization complete by the end of June. An updated resource estimate is anticipated in mid Q3 2026.

The Paradox Basin contains extensive potash deposits including the high-grade Cycle 18 Upper and Lower beds at depths of 2,100 meters (6,890 feet) at the Company’s project site. As noted in the April 07, 2026 press release, the planned drilling program will target these potash beds and is designed to confirm the project contains one of the most prospective solution mining targets in the United States. Results of the drilling program are anticipated to expand the project’s mineral resource, improve the resource classification to advance the project by providing key inputs for continued engineering and development.

About Sage Potash Corp.

Sage Potash Corp. (TSXV: SAGE) (OTCQB: SGPTF) is dedicated to the development of its flagship Sage Plain Potash Project, located in the Paradox Basin, Utah. With a large and high-grade resource base, the Company is advancing toward its goal of establishing a secure and sustainable domestic potash production platform in the United States. Sage Potash is committed to food security, environmental stewardship, and creating value for shareholders and stakeholders alike.

On Behalf of the Board of Directors,

J. Patricio Varas, CEO and Director

1 (236) 521-1521

Website: www.sagepotash.com

For media inquiries, please contact:

Marcus van der Made, Investor Relations

IR@sagepotash.com

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.

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this news release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this news release includes, but is not limited to, statements with respect to future events or future performance of Sage Potash, including the satisfactory design and supervision of the Company’s upcoming drill program by Westrock, the achievement of positive results of the drill program, the achievement of targeting Cycle 18 horizons and continuous core recovery, the achievement of satisfactory potash evaluation and hydrogeological testing in the drill program, and the timing of the commencement of the drill program. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, the risk factors set out under the heading “Risk Factors and Uncertainties” in the Company’s Management’s Discussion & Analysis available for review under the Company’s profile at www.sedarplus.ca. Such forward-looking information represents management’s best judgement based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294810

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Base Metals Energy Junior Mining Precious Metals Project Generators

Riverside Resources and Questcorp Complete Expanded Aeromagnetic Drone Survey at La Union Project

Vancouver, British Columbia–(Newsfile Corp. – May 21, 2026) – Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) (“Riverside” or the “Company“), with partner Questcorp, the Company has completed an expanded aeromagnetic drone survey at the La Union Project in Sonora, Mexico. The new data refines the drill targets and improves understanding of district-scale geologic structures. Together with property-wide structural mapping and the high-grade Phase 2 sampling results announced May 5, 2026, this information is being used to finalize drill targets ahead of the fully permitted summer 2026 drill program.

Drill roads and pads are being prepared this week, and arrangements with the drilling contractor are progressing rapidly. The geophysics provides greater conviction in the scale of the potential feeder structures and the robust magnetic sources at depth, supporting both the Carbonate-hosted Replacement Deposit targets and the Sediment-hosted, Carlin-like stratigraphic targets discussed below.

Highlights

  • Expanded drone aeromagnetic survey adds 145 flight lines (193 km) plus 55 km divided into 20 tie lines, for 248 km of total drone coverage building on the 2025 baseline dataset all done with 100m line spacing for quality definition.
  • Improved imaging of structures beneath post-mineral cover, including the new northwest-trending structures identified by spring 2026 field mapping as a potential ore control creates new drill targets.
  • Integrates structural mapping with detailed 1:1,000 geologic field mapping of target areas and district-scale 1:5,000 geologic mapping to characterize interpretations at depth that may be associated with mineralization.
  • An Induced Polarization (IP) geophysical survey is planned to commence shortly as a further input into Phase 2 drill targeting with planned 5 IP lines that will be done concurrent with drilling the first targets and sets up for continued drilling in Phase 2.
  • Drill roads and pads beginning to be built for upcoming Phase 2 drill program.

“The expanded aeromagnetic survey provides a much clearer view of the La Union Project’s structural framework at depth. Combined with the high-grade sampling results released earlier this month, we now have the data in hand to refine our Phase 2 drill targets with greater conviction,” said John-Mark Staude, President and CEO of Riverside Resources Inc. “The program is progressing well, and our teams are preparing for the launch of drilling in the near term. We are also expanding the drill targets in areas where high-grade gold and base metals were previously mined, and where geophysics can now image potential source targets at depth.”

Survey Overview

The survey was flown with a magnetometer suspended beneath a drone along parallel flight lines, with tie lines flown perpendicular to level the dataset. The expanded grid extends magnetic coverage across the property in all directions relative to the 2025 baseline survey, providing district-wide imaging of structural features and magnetic bodies at depth. The 2025 dataset was a key input into planning the Phase 1 drillholes; the expanded 2026 dataset will allow these structures to be traced more confidently beneath post-mineral cover and build a more complete exploration model for Union.

Photo: Drone operator with an airborne magnetometer at Union, Sonora preparing for drone take off.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6101/298255_43ff02fe04994bb1_002full.jpg

Figure 1: Map showing 100m spaced flight lines (black) and 500m tie lines (blue) relative to the colored data 2025 AeroMag survey that now has been expanded.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6101/298255_43ff02fe04994bb1_003full.jpg

Path Forward to Drilling

The aeromagnetic data is being integrated with the property-wide structural reinterpretation, surface and underground sampling, and the planned IP survey to finalize drill targets. With permits in hand, site access secured, and a drill contractor and geophysical service provider contracted, Riverside and Questcorp remain on track for drill mobilization at the La Union Project in the coming weeks.

Qualified Person

The technical content of this news release has been reviewed and approved by Freeman Smith, P.Geo. (British Columbia), a qualified person under National Instrument 43-101 who is non-independent and the Vice President Exploration for the Company.

About the Union Project

The Union Project is located in northwestern Sonora and shows district-scale carbonate replacement deposit (CRD) mineralization. The project hosts historical mining areas and multiple exploration targets associated with gold, silver, zinc and lead mineralization within carbonates and structurally controlled settings. Riverside operates the project through its Mexican subsidiary while advancing exploration in partnership with Questcorp.

About Riverside Resources Inc.:
Riverside is a well-funded exploration company driven by value generation and discovery. The Company has a strong balance sheet with over C$5,000,000 cash, no debt and tight share structure with a strong portfolio of gold-silver, copper, and REE assets and royalties in North America. Further information about Riverside is available on the Company’s website at www.rivres.com.

ON BEHALF OF RIVERSIDE RESOURCES INC.

“John-Mark Staude”

Dr. John-Mark Staude, President & CEO

For additional information contact:

John-Mark Staude
President, CEO
Riverside Resources Inc.
info@rivres.com
Phone: (778) 327-6671
Fax: (778) 327-6675
Web: www.rivres.com

Eric Negraeff
Investor Relations
Riverside Resources Inc.
Phone: (778) 327-6671
TF: (877) RIV-RES1
Web: www.rivres.com

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans”). Such information involves known and unknown risks — including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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/298255

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Base Metals Energy Junior Mining Precious Metals

AIAI Holdings Adds Blockchain Data Infrastructure Capabilities With the Acquisition of Constellation Network

In a Landmark Moment for Web3, a Layer 1 Blockchain Infrastructure Company Enters the Public Markets Through a Diversified Holding Company

DALLAS, TX / ACCESS Newswire / May 19, 2026 / AIAI Holdings Corporation (NASDAQ:AIAI) (“Ai2” or the “Company”), an AI-enabled diversified holding company utilizing Transformational AI to enhance portfolio performance, today is highlighting Constellation Network, one of its portfolio of companies.

Constellation Network is a technology company that includes a Layer 1 blockchain used for powering enterprise data solutions and AI. Constellation’s reach of products extends to retail intelligence, U.S. defense, AI security, and consumer applications in Web3. This technology enables AIAI to expand its portfolio into blockchain-enabled infrastructure designed to support trusted data environments for artificial intelligence, enterprise systems, and next-generation digital applications.

Why This Matters

As artificial intelligence adoption accelerates across industries, the need for transparent, traceable, and auditable data infrastructure continues to grow. The acquisition of Constellation Network signals a fundamental shift in how institutional markets view blockchain technology – from speculative digital assets to mission-critical infrastructure.

Constellation’s protocol provides:

  • Cryptographically secured data validation is designed to make data interactions more transparent, traceable, and auditable.
  • A Digital Evidence framework powering verified training data and AI agent operations at scale.
  • Enterprise-grade blockchain infrastructure with existing relationships across the data and AI ecosystem, including Common Crawl.
  • A proven Layer 1 protocol purpose-built for the convergence of AI and decentralized data integrity.

The acquisition marks a defining milestone. Based on the Company’s review of the market, AIAI believes Constellation Network may be among the first Layer 1 blockchain infrastructure companies to become part of a diversified public holding company listed on the NASDAQ Global Market.

“Constellation is not a speculative technology asset. It is infrastructure for trusted data,” said Todd Furniss, CEO and co-founder of AIAI Holdings Corporation. “As AI becomes more deeply embedded in business operations, the ability to validate data, verify digital evidence, and create transparent audit trails becomes increasingly important. Constellation gives AIAI a differentiated blockchain infrastructure platform that we believe can play a meaningful role in the future of AI-enabled enterprise systems while also creating potential opportunities to embed trusted data validation capabilities across AIAI’s portfolio companies.”

AIAI Holdings Corporation began trading on the NASDAQ Global Market under the ticker symbol “AIAI” on May 14, 2026.

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.

About Constellation Network

Constellation is an innovative technology company that includes a native Layer 1 blockchain used for powering enterprise data solutions and AI. Constellation’s reach of products extends to retail intelligence, defense, AI security, and consumer applications in Web3. More can be found at https://constellationnetwork.io/.

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. 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 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/
X/Twitter: https://x.com/_AiSquared
Instagram: https://www.instagram.com/_aisquared/
Facebook: https://www.facebook.com/aiaiholdings

SOURCE: AIAI Holdings Corporation



View the original press release on ACCESS Newswire

Categories
Base Metals Energy Junior Mining Oil & Gas Precious Metals

The Return Of Titan John Rochon: Reinventing Berkshire For The AI Era Inside AIAI Holdings

For years, Chairman John P. Rochon, Ph.D., largely remained outside the spotlight. Inside investment circles, however, his name never disappeared. Known for decades of mergers and acquisitions leadership, long-duration value creation strategies, and a career spanning more than 350 transactions, Rochon quietly built a reputation as an operator who preferred building enterprise value over building headlines.

Now, he is stepping back into the public arena with the launch of AIAI Holdings Corporation, also known as Ai2, which began trading on the NASDAQ Global Market under the ticker symbol “AIAI.”

The company aims to redefine what an AI company can become. Unlike many artificial intelligence firms flooding the market today, AIAI is not attempting to sell chatbots, subscriptions, or generic software licenses.

Ai2 is a closely held public Nasdaq company, meaning it trades on a public exchange while maintaining concentrated control over major strategic decisions. That structure is central to Rochon’s ability to carry forward the M&A discipline behind Richmont’s decades-long acquisition strategy.

Rochon’s vision is significantly more ambitious:

Acquire companies
Implement AI internally
Increase enterprise performance
Compound long-term value

In many ways, insiders are already quietly referring to the concept as: “An AI-powered Berkshire Hathaway.”

A Different Kind of AI Company

Most AI companies today monetize software directly. AIAI Holdings is pursuing an entirely different strategy.

According to my conversation with Matthew Selinger, the company is structured as a diversified holding company designed to acquire and scale businesses through the deployment of its proprietary “Transformational AI” platform, known internally as TAI.

The company describes the platform as integrating:

  • psychometric intelligence
  • generative AI
  • agentic AI
  • advanced analytics
  • and more than 180 branches of mathematics and science

The objective is not simply automation. It is operational transformation.

“We’re not out selling AI,” Selinger explained in our interview discussing the launch. “We are acquiring companies, implementing AI on those companies, increasing operational performance, and harvesting that enterprise value.”

That distinction may prove critical. Rather than licensing its systems outward, AIAI intends to retain all AI-generated value creation internally, a structure the company refers to as “captive monetization.” In theory, that means shareholders participate directly in the margin expansion, efficiency gains, and growth acceleration generated by the platform itself.

The Great Wealth Transfer Meets Artificial Intelligence

At the center of Rochon’s strategy is a macroeconomic reality few firms are discussing publicly at scale: America’s generational ownership transition. The company believes a historic opportunity is emerging as millions of business owners approach retirement without clear succession strategies in place.

The company points specifically to:

  • more than $3.8 trillion in private equity backlog,
  • constrained liquidity markets,
  • longer private equity hold periods,
  • and accelerating “boomer business transitions.”

Against that backdrop, AIAI believes it can provide something increasingly rare: liquidity without disruption.

Instead of dismantling acquired companies, leadership repeatedly emphasizes retaining management teams, preserving culture, and using AI to enhance, not replace, human operators.

“We’re not buying companies to strip them down,” Selinger said. “We want to keep management. We want to help companies implement AI and grow stronger.”

That approach differs meaningfully from many traditional private equity models focused primarily on aggressive cost reduction.

The CURA Thesis

Perhaps the most compelling intellectual framework within the company’s strategy is what AIAI calls “CURA.”

CURA stands for:

  • Complex
  • Urgent
  • Administrative

The company believes AI creates the greatest enterprise advantage in industries where human cognition begins reaching operational limits.

Examples include:

  • emergency dispatch systems,
  • healthcare routing,
  • insurance claims processing,
  • procurement,
  • logistics,
  • dynamic pricing,
  • cybersecurity,
  • and high-volume enterprise decision environments.

Leadership describes these sectors as environments where “human performance degrades most” because of complexity, urgency, and volume.

That thesis appears to shape the company’s acquisition roadmap moving forward.

A Leadership Team Built for Scale

The company’s executive bench and board composition immediately stand out. Todd Furniss, AIAI’s CEO, brings more than 25 years of operational, consulting, and private equity experience across healthcare and business services. Furniss previously founded gTC Group and co-founded PlumTree Partners, while holding leadership roles at Everest Group and EDS.

The company also recruited Michael Sandoval, former Microsoft executive, inventor, mathematician, and AI scientist, who is helping architect the company’s evolving AI framework. According to individuals close to the company, Sandoval’s integration into the platform substantially expanded AIAI’s mathematical and enterprise capabilities.

Rounding out the team are Stephanie Liebman, who served as Chief Accounting Officer and Senior Vice President of Finance Operations at HP Inc., and Ken Betts, who has served as a partner most recently at Egan Nelson and before that Winston & Strawn and Skadden Arps.

The broader board reflects a deliberate attempt to bridge:

  • artificial intelligence
  • defense
  • infrastructure
  • finance
  • healthcare
  • cybersecurity
  • and national security expertise

Among the independent directors are:

  • Special Technology Advisor and Fellow to the FBI Dr. Melvin Greer
  • Aligned Data Centers CEO Andrew Schaap
  • Dr. Doohi Lee
  • Former Ambassador to the OECD, Jeanne Phillips
  • Brigadier General Tom Cosentino
  • Former Chairman of Vail Health Eric Affeldt
  • Hon. Don Remy, former Deputy Secretary of the U.S. Department of Veterans Affairs

The composition suggests the company is positioning itself far beyond consumer AI applications.

From AI Theory to Enterprise Implementation

Unlike many AI narratives centered on speculation, AIAI’s model depends on proving measurable operational outcomes. The company states that acquisition candidates will generally include businesses with:

  • more than $100 million in revenue,
  • EBITDA margins above 5%,
  • high cash conversion,
  • strong management teams,
  • and willingness to adopt AI-driven operational systems.

Leadership says implementation will not follow a “one-size-fits-all” model. Instead, the process begins diagnostically: identifying EBITDA pain points, operational inefficiencies, workflow bottlenecks, and opportunities for AI-enhanced optimization.

Examples discussed by company representatives include:

  • construction bidding optimization
  • predictive maintenance
  • operational safety systems
  • fraud detection
  • enterprise workflow automation
  • and customer acquisition intelligence

The company argues that AI’s true value may not simply come from cutting costs, but from new, innovative service offerings and unlocking entirely new layers of operational scale.

Bringing Light to Darkness

Beyond the public company narrative lies another dimension of Rochon’s long-standing interests: AI-enabled intelligence systems. Individuals familiar with the broader Rochon ecosystem describe a multi-decade focus on psychometric AI, behavioral analytics, and identifying malicious actors through advanced intelligence methodologies.

One organization connected to those efforts is Skull Games, a veteran-led anti-human trafficking organization supported by Rochon that utilizes open-source intelligence and behavioral tracking to identify child predators and trafficking networks. The organization works closely with former special operations personnel and law enforcement partners.

Associates describe the mission as “bringing light to darkness.” That phrase has reportedly become closely associated with Rochon’s broader philosophy around AI deployment itself.

Rochon’s broader ecosystem also includes M42, a private AI-focused entity connected to the Rochon family office that has publicly discussed AI applications involving justice, intelligence, and human behavior analysis. While AIAI Holdings itself remains focused on enterprise acquisition and operational transformation, these adjacent initiatives reveal the broader worldview influencing Rochon’s long-term vision.

The Road Ahead

AIAI Holdings launched publicly with six initial portfolio companies spanning:

  • construction
  • healthcare
  • AI research
  • blockchain
  • digital infrastructure
  • and media-related operations

Leadership emphasizes this is only the beginning. Executives say the current portfolio does not reflect the eventual scale or composition of the company they intend to build. “We have a robust acquisition pipeline,” one company representative said during launch discussions. “The companies you’ll see coming forward will dramatically change the composition of the company over time.”

For investors, the opportunity and the risk now become execution. The market has heard countless AI promises. AIAI Holdings is making a different bet: that AI’s greatest value may not come from selling software, but from owning the companies transformed by it.

Source: https://dallasexpress.com/business-markets/john-rochon-aiai-holdings-ai-acquisition-strategy/

Categories
Base Metals Breaking Energy Junior Mining Precious Metals

AIAI Holdings Corporation Begins Trading on NASDAQ Under Ticker ‘AIAI’

Amplifying Intelligence and Redefining Success by Launching a New Era of Real-World AI Implementation

DALLAS, TX / ACCESS Newswire / May 14, 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 its Class A common shares have begun trading on the NASDAQ Global Market under the ticker symbol “AIAI.”

“It’s an exciting day for us to debut on NASDAQ,” said CEO and co-founder Todd Furniss. “Through this listing, we are introducing a new paradigm for acquisition, implementation, and optimization. We have assembled a world-class Board of Directors and management team with deep expertise in artificial intelligence, mergers and acquisitions, and operational excellence. We are leaving pilots and theory behind and are launching a new era of implemented AI.

“Our initial portfolio spans healthcare, infrastructure, natural resources, financial services, and technology, and we are actively seeking organizations that share our vision to amplify intelligence and redefine success.

“We believe in building up, not rolling up. By integrating AI directly into the enterprises we own and operate, Ai2 captures value at the operational and enterprise levels. AI-driven improvements increase revenue, enhance cash flow, strengthen margins, and increase enterprise value, creating long-term benefits for all shareholders. Further, our focus on innovation will allow us to make profound impacts on the industries we serve.

“With our NASDAQ listing now in place, we are focused on advancing a disciplined acquisition strategy and evaluating a robust pipeline of potential opportunities to expand and strengthen our portfolio over time,” added Furniss. “Our objective is to identify businesses where Transformational AI can be applied in a practical and measurable way to enhance operations, improve financial performance and support long-term shareholder value creation. In this model, AI is more than software; it becomes a core value-creation engine embedded into the foundation of the enterprise.”

RBW Capital Partners was an advisor to the Company on the listing.

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.

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. 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 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/
X/Twitter: https://x.com/_AiSquared
Instagram: https://www.instagram.com/_aisquared/
Facebook: https://www.facebook.com/aiaiholdings

SOURCE: AIAI Holdings Corporation



View the original press release on ACCESS Newswire

Categories
Base Metals Energy Junior Mining Precious Metals

Grizzly Announces Private Placement

Edmonton, Alberta–(Newsfile Corp. – May 13, 2026) – Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) (“Grizzly” or the “Company”) is pleased to announce a private placement offering of Units, FT Units, and CMFT Units for gross proceeds of up to $1.08 Million if fully subscribed.

Private Placement Offering

The Offering consists of up to 12,307,693 Units and up to 3,076,924 of any combination of Units, FT Units and CMFT Units.

Each Unit, priced at $0.065 per Unit, shall consist of one common share of the Company (“Common Share”) and one Common Share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance (“Unit Warrant”).

Each FT Unit, priced at $0.08 per FT Unit, shall consist of one Common Share and one half of one Common Share purchase warrant (“FT Unit Warrant”), each of which shall be issued as a “flow through share” for the purposes of the Income Tax Act (Canada). Each whole FT Unit Warrant shall entitle the holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.

Each CMFT Unit, priced at $0.09 per CMFT Unit, shall consist of one Common Share and one half of one Common Share purchase warrant (“CMFT Unit Warrant”), each of which shall be issued as a “flow through share” for the purposes of the Income Tax Act (Canada). Each whole CMFT Unit Warrant shall entitle the holder to purchase an additional Common Share for $0.12 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.18 per Common Share for 10 consecutive trading days; and (b) 36 months (3 years) from the date of issuance.

The Offering is being offered to qualified subscribers in the Provinces of Alberta, British Columbia and Ontario and in other jurisdictions as the Company may in its discretion determine, in reliance upon exemptions from the registration and prospectus requirements of applicable securities legislation.

The Company intends to use the proceeds of the sales of the Units for general working capital, mineral rights acquisition, any proceeds from the FT Units for exploration of the Company’s mineral properties, and any proceeds from the CMFT Units for the exploration of the Company’s mineral properties specifically targeting critical minerals (as defined by the Income Tax Act (Canada)). The maximum gross proceeds of the Offering range from $1,000,000 to $1,076,923 depending on the combination of unit types sold. There is no minimum to the Offering.

In connection with the Offering, the Company may pay finders fees payable in any combination of cash, and Warrants to registered broker dealers, limited market dealers or arm’s length persons in accordance with the policies of the TSX Venture Exchange (the “Exchange”) and applicable securities legislation and regulations. The Common Shares and any Common Shares issued on exercise of the Warrants are subject to restrictions on trading until four months and one day from the date of issuance in accordance with the policies of the Exchange.

The Offering is subject to acceptance of the TSX Venture Exchange.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange focused on developing its approximately 72,700 ha (approximately 180,000 acres) of precious and base metals properties in southeastern British Columbia. Grizzly is run by a highly experienced junior resource sector management team, who have a track record of advancing exploration projects from early exploration stage through to feasibility stage.

On behalf of the Board,

GRIZZLY DISCOVERIES INC.
Brian Testo, CEO, President

Suite 363-9768 170 Street NW
Edmonton, Alberta T5T 5L4

For further information, please visit our website at www.grizzlydiscoveries.com or contact:

Nancy Massicotte
Corporate Development
Tel: 604-315-1455
Email: nancy@grizzlydiscoveries.com

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.

Caution concerning forward-looking information

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Grizzly in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Grizzly’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedarplus.ca. Grizzly disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297236