Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to report that the first winter 2026 drill hole at the Company's Murphy Lake North Project ("MLN" or the "Project") has intersected 5.0 metres of anomalous radioactivity. MLN is a joint venture (the "Joint Venture") between Cosa and Denison Mines Corp. (TSX: DML) (NYSE American: DNN) ("Denison") and is located 3 kilometres east of IsoEnergy's Hur ...

Exhibit 99.1 FOR RELEASE: IMMEDIATE CPS Technologies Announces Fourth Quarter 2025 Financial Results Company Closes Out Year with Record Sales of $32.6 Million and Improved Balance Sheet to Support Future Growth The Company will be hosting its fourth quarter 2025 earnings call tomorrow, March 3, 2026, at 9:00 a.m. Eastern. Those interested in participating in the conference call should dial the following: Call in Number: 1-844-943-2942 Participant Passcode: 641664 The Company encourages those who wish to pa ...

Financial Performance - Total revenue for 2025 was $32.6 million, a 54% increase from $21.1 million in 2024, driven by core business growth and the addition of a third production shift [127]. - Gross profit in 2025 was $5.3 million, representing 16% of sales, compared to a gross loss of $(0.1) million, or (1)% of sales, in 2024 [128]. - The Company recorded operating income of $0.4 million in 2025, a significant improvement from an operating loss of $4.4 million in 2024 [130]. Expenses - Selling, general and administrative (SG&A) expenses increased to $4.8 million in 2025 from $4.3 million in 2024, primarily due to higher variable compensation and sales commission expenses [129]. - Recent inflationary trends have impacted profitability, leading to wage increases and improvements in the employee benefit package, while some price increases from suppliers have been absorbed temporarily [144]. Assets and Liabilities - Trade accounts receivable at December 27, 2025, totaled $5.2 million, with Days Sales Outstanding (DSO) decreasing to 61 days from 75 days at the end of 2024 [136]. - Inventories increased to $5.6 million at December 27, 2025, from $4.3 million at December 28, 2024, primarily due to increased work in process [137]. - The Company had cash and cash equivalents of $4.5 million at December 27, 2025, up from $3.3 million at December 28, 2024, due to an equity raise [135]. - The Company entered into a line of credit (LOC) of $3.0 million with Rockland Trust Company, secured by accounts receivable and other assets, with a borrowing base allowing for an additional $3.0 million as of December 27, 2025 [140]. - As of December 27, 2025, the Company had $460 thousand in construction in progress and no material outstanding commitments for production equipment purchases [141]. Customer Concentration - The top three customers accounted for 64% of revenue in 2025, up from 58% in 2024, indicating a concentration in customer base [118]. Gold Price Impact - The price of gold contributed $1.9 million to total revenue in 2025, compared to $0.5 million in 2024, impacting profit margins [127]. Lease Agreements - The Norton, MA facility lease was renewed in August 2025, with annual rental payments of $165 thousand, expiring in February 2028 [142]. Future Outlook - The Company expects to continue funding its operations in 2026 from existing cash balances and profits [138].

Selling, general, and administrative expenses were $1.3 million in the fourth quarter, compared with $1.0 million in the prior-year period. Griffith said CPS continued to manage costs while ramping production and investing for growth, noting SG&A remained “fairly constant” through fiscal 2025.In the question-and-answer session, Griffith said gold prices had more than doubled from about a year earlier and estimated the impact can be “maybe a point or two” of margin depending on quarterly volume. He also cite ...

Financial Data and Key Metrics Changes - CPS Technologies reported record revenue of $32.6 million for the fiscal year 2025, marking a significant recovery from the previous year [4] - In Q4 2025, revenue was $8.2 million, up from $5.9 million in Q4 2024, driven by strong product demand and higher shipments [5][6] - Gross profit for Q4 was $1.2 million, approximately 14.6% of sales, compared to a gross loss of $0.3 million in the previous year [7] - The company reported a net income of around $12,000, or $0.00 per share, compared to a net loss of about $1 million, or $0.07 per share, in Q4 2024 [9] Business Line Data and Key Metrics Changes - The increase in revenue was attributed to strong demand and expanded production capabilities, including the implementation of a third shift [5] - Selling, general, and administrative (SG&A) expenses totaled $1.3 million for Q4, up from $1.0 million in the prior year, indicating active cost management while ramping up production [8] Market Data and Key Metrics Changes - CPS Technologies is experiencing sustained strong demand for its products, particularly in the defense sector, with expectations for orders to resume for the U.S. Navy in the latter half of the year [16] - The company has received 13 awards from government-funded programs since re-engaging in 2021, although these programs lapsed at the end of the previous federal fiscal year [17] Company Strategy and Development Direction - The company plans to relocate to a new manufacturing facility to support long-term growth and product expansion, addressing current space limitations [13][15] - CPS Technologies is focused on improving operational efficiencies and expanding gross margins through increased productivity and better asset utilization in the new facility [8][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth opportunities ahead, emphasizing the importance of relocating to a larger facility to meet increasing demand [15][20] - The company anticipates that 2026 will be a year of solid revenue as it completes the relocation and lays the groundwork for sustained long-term growth [20] Other Important Information - The company completed a secondary offering in Q4 that raised $9.5 million in net proceeds, strengthening its balance sheet [4] - Management is actively searching for a successor to the retiring CFO, Chuck Griffith, who has been instrumental in the company's financial and strategic growth [11][12] Q&A Session Summary Question: Facility move timing and capacity - Management indicated that they have narrowed down potential sites for the new facility and expect to finalize a decision within a month, with the move taking several months to complete [27][29] Question: Demand for AlSiC and capacity constraints - Management confirmed ongoing demand for AlSiC and mentioned that they expect to increase capacity in the new facility, with additional equipment being ordered [33][34] Question: Margin trajectory and impact of gold prices - Management acknowledged that rising gold prices have negatively impacted margins but expressed hope that margins would improve as production increases and inventory levels stabilize [36][38] Question: Exposure to rising aluminum costs - Management stated that aluminum costs represent a small percentage of overall production costs and that they can adjust pricing to mitigate impacts [42][44] Question: Potential revenue from tungsten alloys - Management highlighted the long-term market potential for tungsten alloys, particularly in defense applications, and emphasized the importance of developing intellectual property to create a competitive moat [49][53]

Financial Data and Key Metrics Changes - CPS Technologies reported record revenue of $32.6 million for the fiscal year 2025, marking a significant recovery from the previous year [4] - In Q4 2025, revenue was $8.2 million, up from $5.9 million in Q4 2024, driven by strong product demand and higher shipments [6] - Gross profit for Q4 was $1.2 million, approximately 14.6% of sales, compared to a gross loss of $0.3 million in the previous year [7] - The company reported a net income of around $12,000, or $0.00 per share, versus a net loss of about $1 million, or $0.07 per share, in Q4 2024 [9] Business Line Data and Key Metrics Changes - The increase in revenue was attributed to strong demand across product lines and improved manufacturing efficiencies [6][7] - Selling, general, and administrative (SG&A) expenses totaled $1.3 million for Q4, compared to $1.0 million in the prior year, indicating active cost management while ramping up production [8] Market Data and Key Metrics Changes - The company is experiencing sustained strong demand for its products, particularly in the defense sector, with expectations for orders to resume for the U.S. Navy [16] - CPS has received 13 awards from government-funded programs since re-engaging in 2021, although new proposals are currently not being reviewed due to congressional reauthorization issues [17][18] Company Strategy and Development Direction - CPS is planning to relocate to a new manufacturing facility to support long-term growth and product expansion, with Dacon Corporation selected as the general contractor [13][15] - The new facility is expected to enhance operational efficiencies, reduce maintenance costs, and provide a better working environment, ultimately leading to increased revenue and improved gross margins [15][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's growth trajectory, citing strong underlying demand and a strengthened balance sheet following a secondary offering that raised $9.5 million [4][5] - The company anticipates 2026 to be a year of solid revenue as it completes the relocation and lays the groundwork for sustained long-term growth [20] Other Important Information - The company is actively searching for a successor to the retiring CFO, Chuck Griffith, who has been instrumental in the company's financial and strategic growth [11][12] - CPS is investing in capital equipment to enhance its production capabilities, including a new higher capacity mill for its AlMax product line [18][19] Q&A Session Summary Question: Facility move details and timing - Management indicated that they have narrowed down potential sites for the new facility and expect to finalize the decision within a month, with the move taking several months to complete [27][30] Question: Demand for AlSiC and capacity expansion - Management confirmed ongoing demand for AlSiC and indicated that the new facility will allow for increased capacity and better inventory management during the transition [33][34] Question: Impact of rising gold prices on margins - Rising gold prices have negatively impacted margins, but management expects to see a potential tailwind for margins once the move is completed and production resumes [36][38] Question: Exposure to rising aluminum costs - Management noted that aluminum costs are a relatively small percentage of overall production costs and can be adjusted in pricing strategies [44][46] Question: Potential revenue from tungsten alloys - Management highlighted the significant long-term market potential for tungsten alloys, particularly in defense applications, although immediate revenue impact is not expected [55]

Financial Data and Key Metrics Changes - CPS Technologies reported record revenue of $32.6 million for the fiscal year 2025, marking a significant recovery from the previous year [5] - In Q4 2025, revenue was $8.2 million, up from $5.9 million in Q4 2024, driven by strong product demand and increased shipments [6][7] - Gross profit for Q4 was $1.2 million, approximately 14.6% of sales, compared to a gross loss of $0.3 million in the previous year [7] - The company reported a net income of around $12,000, or $0.00 per share, compared to a net loss of about $1 million, or $0.07 per share, in Q4 2024 [10] Business Line Data and Key Metrics Changes - The increase in revenue was attributed to strong demand across product lines and improved manufacturing efficiencies [6][7] - Selling, general, and administrative (SG&A) expenses totaled $1.3 million for Q4, up from $1.0 million in the prior year, indicating active cost management while ramping up production [8][9] Market Data and Key Metrics Changes - Trade accounts receivable rose to $5.2 million at the end of 2024, compared to $4.9 million in the previous year [11] - Inventories increased to $4.5 million at the end of Q4, reflecting higher production and customer demand, compared to $3.5 million at the start of the fiscal year [11] Company Strategy and Development Direction - The company is planning to relocate to a new manufacturing facility to support long-term growth and product expansion, as the current facility lacks sufficient space [14][15] - CPS Technologies has selected Da-Com Corporation as the general contractor for the new facility, which is expected to enhance operational efficiencies and reduce maintenance costs [14][15] - The company aims to increase revenue and improve gross margins through expanded production capabilities and targeted investments in new equipment [16][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the strong demand for products and the anticipated growth opportunities following the relocation to a new facility [15][21] - The company expects 2026 to be a year of solid revenue as it completes the relocation and lays the groundwork for sustained long-term growth [21] - Management acknowledged the challenges posed by rising gold prices impacting margins but remains focused on improving operational efficiencies [37] Other Important Information - CPS Technologies completed a secondary offering in Q4 that raised $9.5 million in net proceeds, strengthening its balance sheet [5][6] - The company has received 13 awards from government-funded programs since re-engaging in 2021, with ongoing contracts continuing to be funded without interruption [18][19] Q&A Session Summary Question: Facility move details and future capacity - Management confirmed they have narrowed down potential sites for the new facility and expect to finalize the decision within a month [28][30] - The move will be executed in phases to minimize disruption, with inventory levels increased to support production during the transition [29] Question: Demand for AlSiC and capacity constraints - Demand for AlSiC remains strong, with ongoing discussions with potential new customers to validate product performance [33][35] Question: Margin trajectory and impact of gold prices - Rising gold prices have negatively impacted margins, but management hopes to offset this through improved operational efficiencies and inventory management [37][39] Question: Exposure to rising aluminum costs - Aluminum costs are a relatively small percentage of overall production costs, and management is able to adjust pricing to mitigate impacts [45][46] Question: Potential of tungsten alloys and competitive moat - The company is developing high-density tungsten alloys and aims to create a protective moat around its technologies to prevent competition [52][53]

Core Viewpoint - CPS Technologies Corporation reported record revenue of $32.6 million for the fiscal year 2025, a 54% increase from 2024, indicating a strong recovery and positioning for future growth [1]. Financial Performance - Revenue for the fourth quarter of fiscal 2025 was $8.2 million, up from $5.9 million in the same quarter of the previous year, driven by higher production rates and increased shipments, along with the impact of rising gold prices [2][6]. - Gross profit for the fourth quarter was $1.2 million, representing a gross margin of 14.6%, compared to a gross loss of $(0.3) million in the fourth quarter of 2024 [2][6]. - The operating loss narrowed to $(0.1) million in the fourth quarter of 2025 from $(1.3) million in the prior-year period, with SG&A expenses increasing to $1.3 million due to higher variable compensation and sales commission expenses [3][6]. Strategic Initiatives - The company is focusing on growth opportunities, including increasing production, advancing its product portfolio, and entering new markets, supported by a recent capital raise of $9.5 million from a public offering [1][6]. - CPS has secured a follow-on order worth $15.5 million from a major multinational semiconductor manufacturer, indicating strong demand for its products [6]. Operational Developments - The company is evaluating potential sites for a larger, advanced manufacturing facility, with plans to transition during 2026 [1]. - CPS specializes in high-performance material solutions, particularly in sectors such as transportation, energy, and aerospace, leveraging proprietary metal matrix composites [5]. Balance Sheet Highlights - As of December 27, 2025, total assets amounted to $29.5 million, a significant increase from $18.9 million in the previous year, reflecting growth in cash, marketable securities, and accounts receivable [9][10]. - Current liabilities were reported at $4.7 million, up from $4.3 million in the prior year, while total stockholders' equity increased to $24.6 million from $14.5 million [10][11].

Core Viewpoint - CSP Inc. is navigating a competitive tech landscape with opportunities and risks, particularly in its IT integration and cybersecurity segments, while macroeconomic uncertainties add complexity [1][2]. Industry Overview - The technology services sector is experiencing improved sentiment around digital transformation and cybersecurity spending, benefiting companies like CSP [3]. - CSP's stock has declined 29.3% over the past six months, outperforming Agilysys, Inc.'s 33.8% fall but trailing IBM's 6.7% decline [3]. Company Performance - Despite the stock decline, CSP is in a transitional phase as investors reassess its business mix and long-term growth potential in cybersecurity [4]. - The AZT PROTECT cybersecurity solution is a key growth driver, with 46 unique customers and a strategy focused on expanding deployments [5][7]. - Integration with Acronis' platform could broaden distribution and enhance recurring, higher-margin cybersecurity revenues [8]. Financial Position - CSP has $24.9 million in cash, providing liquidity for product development and strategic growth investments [9]. - The High-Performance Products (HPP) segment saw a 98% year-over-year sales increase, with gross margins rising to 73% from 50% [10]. - Strong margins in the HPP segment support overall profitability and offset investments in scaling AZT PROTECT [11]. Valuation and Growth Potential - CSP trades at 1.96X on a forward price-to-book basis, significantly below the industry average of 5.43X, indicating a margin of safety [12]. - The current discounted valuation suggests the market has not fully recognized CSP's improving fundamentals and recurring revenue potential [15]. Conclusion - CSP is at an inflection point, demonstrating progress in scaling its cybersecurity platform while enhancing profitability in its HPP segment [14]. - The company is well-positioned for sustainable long-term growth, making it an attractive opportunity for investors willing to look beyond short-term volatility [15].

Core Viewpoint - Merck has received FDA approval for KEYTRUDA® and KEYTRUDA QLEX™ for treating adults with PD-L1+ platinum-resistant epithelial ovarian cancer, fallopian tube cancer, or primary peritoneal cancer [1] Group 1: Product Approval - The FDA approved KEYTRUDA® (pembrolizumab) for the treatment of adults with PD-L1+ (Combined Positive Score [CPS] 1) [1] - KEYTRUDA QLEX™ (pembrolizumab and berahyaluronidase alfa-pmph) plus paclitaxel, with or without bevacizumab, is also approved for the same indication [1]