Core Insights - Canyon Resources Limited has released an updated Definitive Feasibility Study (DFS) for the Minim Martap Bauxite Project, confirming strong economics and a phased development pathway for a major new bauxite producer [14][15]. - The Ore Reserve estimate has increased by 33% to 144 million tonnes (Mt) of Direct Shipping Ore (DSO) at 51.2% Al2O3 and 1.7% SiO2, which supports the long-term future of the project [8][15]. - The project is expected to have a pre-tax Net Present Value (NPV) of US$835 million and an Internal Rate of Return (IRR) of 29%, indicating a compelling investment opportunity [5][21]. Project Economics - The project has low capital expenditure (CAPEX) requirements, with Stage 1 CAPEX estimated at US$96 million and total project CAPEX projected at US$446 million [6][21]. - C1 operating costs are estimated at US$34.71 per wet metric tonne (wmt), with a long-term average cash cost forecasted at US$35/wmt [3][21]. - The project aims to produce approximately 10 million tonnes per annum (Mtpa) of bauxite, with a production target of 1.2 million tonnes in Year 1, ramping up to 10 million tonnes by Year 6 [8][24]. Production and Development Timeline - First ore production is planned for Q1 2026, with the first bauxite shipment expected in H1 2026 [15][48]. - The project will utilize a staged development approach, with production targets scheduled around the upgrade of the rail infrastructure [8][9]. - Existing rail capacity will allow for low CAPEX and fast-tracked development, with the World Bank committing US$818 million to upgrade the rail corridor by 2030 [3][8]. Community and Economic Impact - The local community supports the project, recognizing its potential for significant long-term economic benefits, including job creation with a workforce expected to be 97% local [36][37]. - The project is anticipated to contribute to the development of new economic infrastructure and improvements to existing facilities, including roads and rail links [37][45]. Resource and Reserve Details - The Ore Reserve classification includes 133.3 million tonnes of Proved reserves and 10.7 million tonnes of Probable reserves, with a total Mineral Resource estimate of approximately 1.1 billion tonnes [19][62]. - The project will target high-grade bauxite with a minimum of 51% Al2O3 and a maximum of 2% SiO2, ensuring a premium pricing position in the market [5][62]. Funding and Financial Strategy - The project is supported by a US$140 million debt facility from AFG Bank Cameroon and existing cash reserves exceeding Stage 1 capital development costs [17][40]. - Canyon Resources has a strategic partnership with Eagle Eye Asset Holdings, which has invested significantly in the company and continues to support its funding needs [40].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-37649 FIEE, INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 04-2621506 | | --- | --- | | ...

Exhibit 99.1 FIEE Announces Fiscal 2025 First Half Unaudited Financial Results First Half Revenue of $45,118 Prepaid subscription fees received from customers for our SaaS service were $1.5 Million. Hong Kong, 13 August 2025 -- FiEE, Inc. (NASDAQ:FIEE ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, today announced its unaudited financial results for the three and six months ended June 30, 2025. Operational and Fi ...

Core Insights - FiEE, Inc. has entered into an asset purchase agreement with Suzhou Yixuntong Network Technology Co., Ltd. to acquire intellectual property and fixed assets for a total price of USD 1,400,000, which closed on June 30, 2025 [1][2] - The acquisition includes advanced product authentication technologies, high-efficiency file transfer systems, and blockchain-powered KYC solutions, enhancing FiEE's technological capabilities [2][3] - This strategic move is expected to expand FiEE's service offerings across enterprise and consumer markets, linking market-facing content capabilities with backend infrastructure [3][4] Company Strategy - The integration of Yixuntong's technologies is anticipated to enhance FiEE's platform capabilities and create new revenue streams, supporting its SaaS evolution [4] - From March 25, 2025, to May 31, 2025, the company secured 85 sales contracts via SaaS platform integration, generating total contract values exceeding USD 400,000 [4] - FiEE is establishing a comprehensive value ecosystem for talent-brand management solutions through various services, including Cloud-Managed Connectivity, IoT Hardware Sales, SaaS Solutions, and Professional Services [4][6] Technological Focus - FiEE leverages cutting-edge technologies such as cybersecurity, market analysis, AI, and big data analysis to protect original creations and digital content [5] - The company aims to cultivate a billion-follower KOL community, positioning itself for sustained success in the evolving digital landscape [5][6] - FiEE's services are structured into four key categories, including innovative SaaS solutions that integrate AI and data analytics into content creation and brand management [7]

HONG KONG, June 4, 2025 /PRNewswire/ -- FiEE, Inc. (NASDAQ:MINM) ("FiEE, Inc." or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, is pleased to announce significant business updates.Recently, FiEE, Inc. has entered into a strategic agency and cooperation agreement with Beijing Yilian World Expo Business Management Group Co., Ltd. ("Beijing Yilian"). The Company is appointed as the agent to introduce businesses to participat ...

Company Overview - FiEE, Inc. resumed trading on the Nasdaq Capital Market under the ticker symbol "MINM" on June 2, 2025 [1] - The company, formerly known as Minim, Inc., was founded in 1977 and has transitioned to a Software First business model since 2023 [5] Strategic Transformation - FiEE, Inc. is strategically transforming to focus on growing Key Opinion Leaders (KOLs) in the market through innovative brand management solutions [2] - The company has enhanced its MinimOS cloud platform and API suite for ISPs/OEMs and merged with e2Companies to broaden its technology and revenue base [2] Service Offerings - FiEE, Inc. offers a range of IoT-enabled Connectivity Solutions, including Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SAAS Solutions, and Professional To-C and To-B Services & Support [6] - The company has introduced Software as a Service solutions that integrate AI and data analytics capabilities into content creation and brand management [6] Market Positioning - FiEE, Inc. addresses challenges faced by talented individuals, such as insufficient promotion channels and high costs of conventional advertising, by establishing a comprehensive value ecosystem [3] - The company aims to elevate personal brands and influence while safeguarding original creations, digital arts, NFTs, and exclusive content [3] Leadership Vision - The CEO of FiEE, Inc. expressed confidence in the company's new positioning and long-term goal of building a unique KOL community with billions of fans [4] - The focus will be on enhancing technological capabilities and providing comprehensive solutions to potential users in the market [4]

Core Viewpoint - FiEE, Inc. will resume trading on the Nasdaq Capital Market under the ticker symbol "MINM" starting June 2, 2025, following a favorable decision from the Nasdaq Hearings Panel [1][2]. Company Overview - FiEE, Inc. is a technology company focused on integrating IoT, connectivity, and AI to enhance brand management solutions in the digital age [1][3]. - The company has transitioned to a Software First Model in 2023 to broaden its technology portfolio and revenue streams, rebranding itself in 2025 [4]. Strategic Transformation - The company is undergoing a strategic transformation to leverage market opportunities through an integrated approach combining cyber-hardened IoT connectivity with AI-driven content creation and audience targeting [3][4]. - This transformation aims to empower Key Opinion Leaders (KOLs) and brands to achieve accelerated growth and deeper audience engagement [3]. Service Offerings - FiEE, Inc. offers services structured into four key categories: Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SaaS Solutions, and Professional To-C and To-B Services & Support [5]. - The introduction of innovative SaaS solutions integrates AI and data analytics into content creation and brand management, supporting KOLs in optimizing their digital presence [5].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact Name of Registrant as Specified in its Charter) Delaware 04-2621506 (State or Other Jurisdiction of Incorporation or Organization) Flat A1, 29/F, Block A, TML Tower, 3 Hoi Shing Road, Tsuen Wan, Hong Kong (Address of Principal Executive Of ices) (Zip Code) For the quarterly period ended March 31, 2025 or Registrant's Tel ...

Business Transition and Strategy - The company transitioned from its legacy business to a digital service provider focused on integrating artificial intelligence and data analytics into content creation and brand management as of April 10, 2025[21][45]. - The company has stopped substantially all of its legacy business operations as of April 10, 2025, marking a complete transition to new business offerings[21]. - The company is in the early stages of its new business model, which may result in limited revenue generation and operational challenges[45]. - The company plans to pursue acquisitions to grow its business, which may involve risks related to identifying suitable candidates and securing financing[49]. - A potential transaction is being evaluated for acquiring 100% equity interests in Suzhou Yixuntong Network Technology Co., Ltd., which may generate operational cash flow[162]. Financial Performance - Total net sales decreased by $25.5 million or 97.5%, from $26.1 million in 2023 to $0.6 million in 2024, primarily due to decreased sales of Motorola branded cable modems and gateways[107]. - The company reported a net loss of $4.2 million in 2024, compared to a net loss of $17.6 million in 2023, reflecting an improvement of $15.6 million or 88.5%[104]. - The company reported a net loss of $4,224,278 for 2024, compared to a net loss of $17,633,924 in 2023, representing a reduction in losses of about 76.01%[151]. - Cash used in operating activities was $3.8 million in 2024, compared to cash provided of $4.8 million in 2023, reflecting a significant operational cash flow decline[122]. - The company has substantial doubt about its ability to continue as a going concern, requiring additional liquidity to sustain operations beyond the next 12 months[120][128]. Operational Challenges - The company is currently under suspended trading status on the Nasdaq due to failing to meet the minimum stockholders' equity requirement of at least $2,500,000[28]. - The company has received a stay of delisting from the SEC pending further review, indicating ongoing regulatory challenges[31]. - The company may experience difficulties in scaling operations, which could affect service quality and employee retention[51]. - The company faces risks related to integrating acquired companies, including potential over-valuation and litigation from acquired entities[53]. Cost Management and Expenses - Selling and marketing expenses dropped by $9.4 million or 99.3%, from $9.5 million in 2023 to $66.2 thousand in 2024, mainly due to a reduction in Motorola royalty fees and marketing programs[111]. - General and administrative expenses decreased by $2.7 million to $2.1 million in 2024, a reduction of 56.7% compared to 2023[112]. - Research and development expenses decreased by $3.3 million or 96.7%, from $3.4 million in 2023 to $113.3 thousand in 2024[104]. - The company incurred total operating expenses of $4,442,835 in 2024, down from $17,677,479 in 2023, a decrease of approximately 74.88%[151]. Shareholder and Equity Information - The company has authorized the issuance of 60,000,000 shares of common stock, which may lead to substantial dilution for existing investors[72]. - The company has committed to increasing the Stated Value of its Series A Convertible Preferred Stock from $1.40 to $2.75 as part of the Securities Purchase Agreement[37]. - The company has never declared or paid any cash dividends and does not intend to do so in the foreseeable future[74]. - The company currently trades on the Pink Tier of OTC Markets, which may limit liquidity and market quotations for its shares[60]. Assets and Liabilities - Total current assets decreased to $164,919 in 2024 from $11,399,114 in 2023, a decline of approximately 98.55%[148]. - Total liabilities decreased to $437,027 in 2024 from $12,244,048 in 2023, a reduction of approximately 96.43%[148]. - Cash and cash equivalents decreased from $709 thousand in 2023 to $30 thousand in 2024[90]. - The accumulated deficit increased to $96,693,056 in 2024 from $92,468,778 in 2023, an increase of about 4.83%[154]. Compliance and Governance - The company plans to establish an independent audit committee, compensation committee, and nomination committee to comply with Nasdaq listing standards[54]. - The company has not maintained effective internal controls over financial reporting, which could impair investor confidence and affect stock price[75].

Core Points - Nasdaq Stock Market announced the delisting of Minim, Inc.'s common stock, which has been suspended since July 24, 2024 [1] - Nasdaq will file a Form 25 with the Securities and Exchange Commission to finalize the delisting process, effective ten days after the filing [1] - Additional information regarding the delisting and the trading status of Minim, Inc.'s securities can be found in the company's public filings or by contacting the company directly [1] Company Information - Minim, Inc.'s securities have not traded on Nasdaq since their suspension on July 24, 2024 [1] - The delisting process is governed by Nasdaq's rules, specifically the Nasdaq Rule 5800 Series [1]