Millennial Potash Corp. Initiates Its Environmental and Social Impact Assessment at the Banio Potash Project, Gabon

Core Points - Millennial Potash Corp. has initiated its Environmental & Social Impact Assessment (ESIA) for the Banio Potash Project in Gabon, engaging a consortium led by Artelia to ensure compliance with IFC performance standards [1][2] - The ESIA will include comprehensive baseline studies on the physical environment, biodiversity, and socio-economic conditions, with completion expected in 2026 [2] - The ESIA will be a critical component of the mining license application anticipated for 2026, following a successful Stage 2 drill program that increased the resource estimates [2] Company Developments - The company is fully funded to carry out the ESIA and plans to initiate a definitive feasibility study in the coming weeks, with US DFC funding allocated for feasibility study costs [2] - A total of 980,000 incentive stock options have been granted, exercisable for five years at an exercise price of $3.22 per share [3]