Electric Metals Confirms Non-Binding MOU Regarding Corcoran Canyon Property

Core Viewpoint - Electric Metals (USA) Limited has confirmed the existence of a memorandum of understanding (MOU) regarding the potential sale of its Corcoran Canyon silver-gold property in Nevada, which was announced by an unrelated third party and not previously disclosed by the Company [1] Group 1 - The MOU is dated December 4 and was executed on December 5, 2025 [1] - The agreement is non-binding, non-exclusive, and can be cancelled by either party at any time [1] - The MOU is preliminary and subject to negotiation and execution of a definitive agreement [1]