Phenom Reports on Up-and-Coming Relevant Grant Opportunities Through U.S. Department of Energy

Core Insights - The U.S. Department of Energy announced plans to issue nearly $1 billion in grant funding opportunities to enhance mining, processing, and manufacturing technologies in the critical minerals and materials supply chains [1] - Phenom Resources Corp. identifies three relevant funding areas for its vanadium projects, specifically the High-grade Vanadium-Nickel Processing Project and the Carlin Vanadium Project [1] Funding Opportunities - The Advanced Materials and Manufacturing Technologies Office will release a Notice of Funding Opportunity (NOFO) of up to $50 million through the Critical Minerals and Materials (CMM) Accelerator program to promote technology maturation and domestic commercialization [2] - The Office of Fossil Energy and Carbon Management plans to issue a NOFO to support approximately $250 million for American industrial facilities to recover valuable mineral byproducts from existing processes [3] - The Office of Manufacturing and Energy Supply Chains intends to announce a NOFO of up to $500 million to expand U.S. critical mineral processing and battery manufacturing and recycling [4] Company Overview - Phenom Resources Corp. holds a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, Nevada, which hosts the largest high-grade primary vanadium deposit in North America [5]