All figures are in Canadian dollars unless otherwise stated. BELO HORIZONTE, Brazil and SINGAPORE, March 26, 2026 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: NPK | OTCQX: VNPKF) ("Verde” or the “Company”), today reported its operating and financial results for the fourth quarter and fiscal year ended December 31, 2025 (“Q4 2025” and “FY 2025”). “The Great Brazilian Agriculture Crisis continued to weigh on sales throughout 2025, and the sharp rise in judicial recovery filings across Brazil’s agribusiness se ...

Core Insights - Verde AgriTech Ltd. announced additional assay results from 17 auger holes at its Minas Americas Global Alliance rare earths project, confirming shallow ionic-clay mineralization with significant NdPr and Dy/Tb support, expanding the drill-confirmed footprint beyond 3.5 km² [1][2] Geological Model - The geological model at Minas Americas is strengthening, with consistent shallow positions, NdPr-rich magnet baskets, and continuous clay mineralization across a larger footprint [5][6] - Key variables include shallow position, repeatable multi-metre enrichment, magnet-basket quality, and growing scale, all of which have advanced without altering the geological model [2][5] Assay Results - The flagship interval MAV_AD_0028 returned 10 m averaging 8,439 ppm TREO (0.84% TREO) and 1,965 ppm MREO, with a notable 5 m interval averaging 11,032 ppm TREO (1.10% TREO) [10] - MAV_AD_0035 and MAV_AD_0044 provided additional proof intervals, while MAV_AD_0029 showed open-ended continuity with 16 m averaging 2,869 ppm TREO [10][11] Magnet-Basket Quality - In the best new multi-metre intervals, magnet rare earth oxides account for approximately 22%-25% of TREO, with NdPr remaining the core of the basket and Dy/Tb strengthening within higher-grade windows [7][11] - The strongest new intervals show significant Y₂O₃ presence, exceeding 100 ppm over approximately 26 m across five holes, indicating broader heavy-REE support [18][19] Project Scale and Next Steps - The drill-confirmed footprint now exceeds 3.5 km² within a mapped geological unit exceeding 15 km², with ongoing drilling across eight additional targets [21] - Future work will focus on integrating new results into a 3D geological model, selecting representative composite intervals for metallurgical testing, and continuing step-out drilling [21]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ 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 1-2451 NATIONAL PRESTO INDUSTRIES, INC. (Exact name of registrant as specified in its chart ...

Core Viewpoint - Verde AgriTech Ltd. has successfully closed a brokered private placement, raising a total of $4,500,000 through the issuance of 3,750,000 units at a price of $1.20 per unit, primarily subscribed by a leading institutional investor [1] Group 1: Offering Details - The offering consists of units, each comprising one ordinary share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $1.65 for 30 months [2] - The offering was conducted under the listed issuer financing exemption, allowing the securities to be distributed without a hold period in certain Canadian provinces [3] - The agent received a cash commission of 6.0% of the gross proceeds and was issued non-transferable broker warrants representing 3.0% of the units sold [4] Group 2: Use of Proceeds - The net proceeds from the offering will be used to accelerate work on the Minas Americas Global Alliance rare earth project, including resource definition drilling and metallurgy optimization, as well as for working capital and general corporate purposes [5] Group 3: Company Overview - Verde AgriTech is a Brazil-focused specialty fertilizer company listed on the TSX and OTCQX, advancing the Minas Americas Global Alliance rare earth project in Minas Gerais [8]

Core Viewpoint - National Presto Industries, Inc. has shown strong stock performance despite mixed operational results, with a 6.2% increase in shares since the earnings report, outperforming the S&P 500 index's decline of 1.3% during the same period [1] Financial Performance - Earnings per share for 2025 were reported at $4.63, down from $5.82 in 2024 [2] - Net sales increased to $503.5 million, a rise of 29.7% from $388.2 million in 2024 [2] - Net earnings fell by 20.2% to $33.1 million from $41.5 million in the previous year, indicating a decline in profitability despite revenue growth [2] Segment Performance - The Defense segment was the main growth driver, with sales increasing by $121.9 million, or 42.9%, due to higher shipment volumes supported by a backlog [3] - Operating earnings in the Defense segment rose by $15.5 million, or 36.2% [3] - The Housewares/Small Appliance segment experienced a revenue decline of $7.2 million, or 7.0%, attributed to tariff-related pressures [5] - The Safety segment showed modest improvements but remained small, with increased sales and a smaller comparative loss [6] Operational Drivers - Management noted that profitability improvements in the Defense segment were primarily volume-driven, with additional contributions from product mix, manufacturing efficiencies, and material costs [4] - Tariffs significantly impacted the Housewares/Small Appliance segment's cost structure, leading to immediate profitability effects due to the LIFO inventory valuation method [6] Management Commentary - Management highlighted tariffs as a critical factor affecting financial results, impacting margins and consumer demand in the Housewares/Small Appliance segment [7] - Uncertainty surrounding a Supreme Court decision on tariffs was noted, with potential implications for future tariff refunds and the possibility of new tariffs emerging [8] Dividend and Capital Allocation - The board announced a regular dividend of $1.00 per share for 2026, continuing an 82-year history of uninterrupted payouts [9] - There will be no special dividend in 2026, as cash must be allocated to support inventory for the Defense segment's backlog [10][11] Other Developments - The company is relocating its Housewares/Small Appliance distribution center, incurring duplicated staffing costs and additional expenses during the transition [12] - A significant capital loss was recorded due to the bankruptcy of a key supplier, compounding financial pressures from tariffs and declining sales [13]

Financial Results - National Presto Industries, Inc. reported its results for the year ended December 31, 2025, in a press release issued on February 27, 2026[4] Management Changes - Jeff Morgan, Vice President of Engineering, will retire on April 30, 2026, after nearly 16 years with the company[5] Risks and Challenges - The company highlighted potential risks affecting future performance, including government defense spending and competitive pricing pressures[6]

Core Viewpoint - Verde AgriTech Ltd. is conducting a brokered private placement to raise up to $4,500,000 through the sale of units priced at $1.20 each, which will include shares and warrants [1][2]. Group 1: Offering Details - The offering consists of up to 3,750,000 units, each unit comprising one ordinary share and one share purchase warrant [1][2]. - Each warrant allows the holder to purchase an additional share at a price of $1.65 for a period of 30 months following the closing date [2]. - The offering will be conducted on a "best efforts" basis by A.G.P. Canada Investments ULC, which will act as the lead agent [1]. Group 2: Regulatory and Compliance - The units will be offered under the listed issuer financing exemption in certain Canadian provinces, and the securities will not be subject to a hold period under applicable Canadian securities laws [3]. - The offering may also be issued in the United States under exemptions from registration requirements [3][8]. Group 3: Financial Terms - The agent will receive a cash commission of 6.0% of the gross proceeds and will be issued non-transferable broker warrants representing 3.0% of the total units sold [4]. - The net proceeds from the offering will be used to accelerate work on the Minas Americas Global Alliance rare earth project, including resource definition drilling and technical de-risking [5]. Group 4: Timeline and Conditions - The offering is expected to close on or about March 12, 2026, subject to necessary approvals, including from the Toronto Stock Exchange [6]. - The company is relying on specific exemptions to distribute securities and is qualified under the relevant regulations [3].

Group 1 - NPK International Inc. will release its fourth quarter and full-year 2025 results on February 25, 2026, with a conference call scheduled for February 26, 2026, at 9:30 a.m. ET [1] - The company specializes in site access solutions, manufacturing, selling, and renting sustainable composite matting products, along with offering planning, logistics, and site restoration services [1] - NPK International serves critical infrastructure markets, including electrical transmission and distribution, oil and gas exploration, pipeline, renewable energy, petrochemical, and construction [1] Group 2 - NPK International announced the acquisition of Grassform Plant Hire Limited for an all-cash purchase price of £35.2 million ($46.4 million), with potential additional consideration based on performance improvements [1] - The acquisition was primarily funded using cash on hand, indicating a strong liquidity position for the company [1]

Core Viewpoint - National Presto Industries, Inc. has significantly outperformed its industry peers, with a 29.6% increase in share price over the past six months, compared to the industry's 8% growth, driven by strong defense contracts and a solid financial position [1][11]. Business Operations - National Presto operates through three segments: Housewares/Small Appliance, Defense, and Safety, focusing on product innovation and meeting regulatory standards [3]. - The Housewares segment offers a variety of household appliances, while the Defense segment manufactures munitions primarily for government use, and the Safety segment develops innovative monitoring systems [3]. Key Tailwinds - The Defense segment is experiencing growth due to major government contracts, including a $139.3 million order from the U.S. Army and a $92.3 million subcontract with Boeing, expected to boost revenues starting in 2026 [4]. - The company has a Defense segment backlog of $1.4 billion, up from $1.1 billion at the end of 2024, providing visibility into future revenue streams [7]. Financial Position - National Presto maintains a strong financial position with a current ratio of 3.5:1 and access to a $50 million unsecured credit facility, ensuring liquidity for growth initiatives [8]. - The company generated nearly $30 million from financing activities in the first nine months of 2025, supporting its capital needs [8]. Challenges - The Housewares/Small Appliances segment has faced declining sales and profitability due to tariffs and increased operating costs, while the Safety segment continues to post negative margins [9]. - Increased borrowing to fund inventory has led to higher interest expenses, impacting overall earnings [9]. Valuation - National Presto is undervalued compared to industry averages, trading at 1.94X trailing 12-month EV/sales, below the industry average of 2.68X and its peers [10]. Conclusion - Despite challenges in the consumer and Safety divisions, National Presto's robust Defense segment growth and strong financial footing position the company for sustained revenue expansion in the coming decade [11].

Core Insights - Verde AgriTech Ltd. has reported promising assay results from its drilling program at the Minas Americas Global Alliance Project in Brazil, indicating significant potential for rare earth element (REE) discoveries [1][2]. Drilling Results - The first drilling target (PT-34) has shown shallow thickness, repeated high grades, and a magnet-rich rare earth basket, with significant intercepts extending across multiple holes [2]. - A total of 27 holes have been drilled, totaling 279.8 meters, with assays from 24 additional holes reported, bringing the total to 280 assayed intervals [2][8]. - Notable intercepts include a new best of 13.0 meters averaging 8,257 ppm (0.83%) TREO and 2,004 ppm (0.20%) MREO, with peak grades reaching 13,453 ppm (1.35%) TREO and 3,836 ppm (0.38%) MREO [8]. Resource Expansion and Technical Disclosure - The Board has approved the expansion of the resource definition footprint and additional drilling to better outline the district-scale potential of the Project [2]. - The Company is preparing technical disclosures under Canadian NI 43-101 and U.S. SEC Regulation S-K Subpart 1300, enhancing comparability for global investors [2][6]. Economic Assessment and Future Plans - Verde aims to complete a maiden NI 43-101 Mineral Resource Estimate in the first half of 2026 and a Preliminary Economic Assessment (PEA) in the second half of 2026 [6]. - The ongoing work includes drill-based composite metallurgical testing and continued reporting of drill assays and metallurgical results as they become available [5][8]. Significant Intercepts and Grade Distribution - Of the 279.8 meters drilled at PT-34, 71.2 meters (25.4%) returned grades of ≥0.40% TREO, with 8.0 meters (2.9%) returning grades of ≥1.00% TREO [10]. - The distribution of magnet rare earths strengthens with grade, with MREO averaging ~23% of TREO in intervals ≥0.40% TREO, rising to ~26% in intervals ≥1.00% TREO [8].