Couloir Capital Is Pleased to Announce That It Has Updated Its Research Coverage on Roxmore Resources

Core Insights - The investment thesis for Roxmore Resources is centered on the Converse Gold Project, which is one of the largest undeveloped gold deposits in Nevada, with a total resource of approximately 5.9 million ounces of gold [2] Group 1: Project Overview - The Converse Gold Project hosts a total resource of ~5.9Moz Au, consisting of 5.57Moz in Measured and Indicated (M&I) at 0.52 g/t Au and 0.42Moz Inferred at 0.53 g/t Au [2] - Roxmore's strategy includes targeted technical de-risking through updated resource modeling, metallurgy, and permitting to enhance asset valuation [2] Group 2: Financial Position and Strategy - Roxmore's current valuation is significantly lower than peers, trading at US$14/oz on an EV/oz basis compared to the average of US$105/oz for similar companies [2] - The recent corporate transformation includes the acquisition of Taura Gold, a new management team with a successful track record, and an oversubscribed financing of $32.64 million expected to close on February 27, 2026, which has de-risked the corporate structure [2]