THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (“Emerita” or the “Company”) (TSXV:EMO) (OTCQB:EMOTF) (FSE:LLJA) is pleased to announce that due to investor demand, the previously announced brokered offering of up to 23,809,500 units of the Company (the “Initial Offering”), is fully subscribed and that the Compan ...

Q2 2025 Performance - Q2 production was 219,122 ounces [13] - Total Cash Costs were $1,373/oz [13] - All-in Sustaining Costs were $1,746/oz [13] - Gold sold was 148,938 oz at a realized gold price of $3,207/oz [13] - Adjusted net income was $56.7 million; Adjusted earnings per share was $0.11 [13] - Adjusted EBITDA was $200.5 million [13] 2025 Guidance - Consolidated production guidance is 785,000 - 915,000 ounces [13, 33] - Consolidated Total Cash Costs guidance is $1,400 - $1,500/ounce [33] - Consolidated All-in Sustaining Cost guidance is $1,800 - $1,900/ounce [33] - Consolidated Growth Capital guidance is $190 - $220 million [33] - Consolidated Exploration guidance is $70 - $90 million [30, 33] Asset Allocation - 54% of consolidated NAV is from Brazil [11] - 18% of consolidated NAV is from Mexico [11] - 13% of consolidated NAV is from USA [11] - 10% of consolidated NAV is from Canada [11] - 5% of consolidated NAV is from Nicaragua [11]

Core Viewpoint - Crown Point Energy Inc. reported its financial and operational results for Q2 2025, highlighting significant increases in sales revenue and production volumes compared to Q2 2024, alongside ongoing acquisition activities in the Chubut region [1][4][5]. Financial Performance - The company reported net cash provided by operating activities of $5.6 million and funds flow used in operating activities of $5.0 million for Q2 2025, compared to $1.5 million and $1.4 million in Q2 2024 respectively [5]. - Oil and natural gas sales revenue reached $22.2 million in Q2 2025, a substantial increase from $5.6 million in Q2 2024, driven by higher sales volumes from the Santa Cruz Concessions [5]. - Average daily sales volumes increased to 4,083 BOE per day in Q2 2025 from 1,340 BOE per day in Q2 2024 [5][17]. - The company reported a loss before taxes of $9.1 million for Q2 2025, compared to a loss of $4.3 million in Q2 2024 [5]. Acquisition Activities - Crown Point entered into agreements to acquire a 95% operated interest in the Chubut Concessions for an aggregate base purchase price of approximately $57.9 million, with contingent consideration of up to $3.5 million [4][5][6]. - The acquisition is expected to close in Q3 2025, pending necessary regulatory approvals [6]. Operational Update - Oil production from the Piedra Clavada Concession averaged 1,902 bbls per day, and from the Koluel Kaike Concession averaged 1,060 bbls per day during Q2 2025 [12]. - In the Tierra del Fuego Concession, San Martin oil production averaged 398 bbls per day, while Las Violetas natural gas production averaged 8,028 mcf per day [13]. - The Mendoza Concessions reported oil production averaging 766 bbls per day from the Chanares Herrados Concession [14]. Outlook - The company's capital spending for fiscal 2025 is budgeted at approximately $12.3 million, with significant allocations for well workovers and drilling campaigns in the Santa Cruz and Mendoza Concessions [15][16].

LITHIUM ARGENTINA / EARNINGS PRESENTATION NYSE & TSX: NYSE & TSX: NYSE & TSX: LARLAR From earth to energy Q2 2025 Earnings Call This presentation contains "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively referred to herein as "forward-looking information"). These statements relate to future events or the Company's future perform ...

Financial Performance & Outlook - The company delivered 12% comparable EBITDA growth in Q2 2025 compared to Q2 2024[15] - The company is increasing its 2025E comparable EBITDA outlook to $108 billion - $110 billion[15] - The company is targeting a long-term debt-to-EBITDA ratio of 475x[15] - The company's Q2 2025 comparable EBITDA from continuing operations was $2625 million, compared to $2348 million in Q2 2024[32] - Canadian Natural Gas Pipelines saw a 3% increase in net income in Q2 2025 compared to Q2 2024[32] - Power and Energy Solutions experienced a 33% increase in comparable EBITDA in Q2 2025 compared to Q2 2024[32] Growth Projects & Capital Allocation - Approximately 70% of the ~$85 billion of assets are expected to be placed into service in 2025, tracking ~15% under budget[15] - The company sanctioned ~$45 billion of high-value capital projects over the past nine months[25] - Growth projects sanctioned in 2025 YTD have a weighted average unlevered after-tax IRR of ~120%[23] Sustainability - The company reduced absolute methane emissions by 12% between 2019 and 2024 while increasing throughput by 15% and natural gas comparable EBITDA by 40%[39] - The company introduced a methane intensity reduction target of 40-55% by 2035 from 2019 levels[39]

Core Viewpoint - Mandalay Resources Corporation has received final court approval for its arrangement with Alkane Resources Limited, which will result in Alkane acquiring all outstanding shares of Mandalay [1][2]. Group 1: Arrangement Details - The Supreme Court of British Columbia has issued a final order approving the plan of arrangement under the Business Corporations Act, allowing Alkane to acquire all issued and outstanding common shares of Mandalay [1]. - Under the arrangement, Mandalay shareholders will receive 7.875 fully paid ordinary shares of Alkane for each Mandalay share held [1]. - The arrangement is expected to close on August 5, 2025, following the receipt of the final order, which was the last substantive condition for closing [2]. Group 2: Company Overview - Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine) [3]. - The company focuses on increasing production and reducing costs to generate significant positive cash flow while committing to safe and environmentally responsible operations [3].

Leadership Transition - Equinox Gold Corp. announces a leadership transition with Greg Smith stepping down as CEO and Director, and Darren Hall appointed as the new CEO and Director effective immediately [1][2] - Darren Hall has extensive mining experience, previously serving as President and CEO of Calibre Mining, where he significantly increased production and drove strong shareholder returns [2][3] Company Growth and Strategy - Greg Smith highlighted the company's evolution from a concept to a multi-asset, multi-billion-dollar gold producer, with a clear pathway to producing over one million ounces annually [2] - The company is transitioning from growth through acquisition to disciplined execution and operational excellence, focusing on optimizing its expanded portfolio [2][4] New Leadership Focus - Darren Hall emphasized the importance of disciplined execution and operational excellence as the company enters a new phase of growth and optimization [4] - David Schummer has been appointed as Chief Operating Officer, bringing over 35 years of mining experience and a focus on health and safety culture [4]

Core Points - Montero Mining and Exploration Ltd. has approved the repricing of 741,667 outstanding incentive stock options from a range of $1.98 to $2.04 per share to $0.30 per share [1] - The company intends to seek disinterested shareholder approval for the repricing of 650,000 stock options held by insiders at its next annual general and special meeting expected in Q4 2025 [2] - Montero recently concluded a $27 million settlement with the Government of Tanzania regarding the expropriated Wigu Hill rare earth project [3] - The company holds the Avispa copper-molybdenum project in northern Chile and is advancing it through exploration [4] - Montero is listed on the TSX Venture Exchange under the symbol MON, with 8,353,833 common shares and 741,667 stock options outstanding [4]

Core Viewpoint - Critical One Energy Inc. has successfully closed a non-brokered financing, raising CDN$1,000,000 through the issuance of 2,500,000 units at CDN$0.40 per unit, which will be utilized for exploration activities and general expenses [1][4]. Financing Details - The financing involved the issuance of units, each consisting of one common share and one-half common share purchase warrant, with full warrants allowing the purchase of one common share at CDN$0.60 for 18 months [2]. - A director participated in the financing, acquiring 230,000 units for a total of CDN$92,000, qualifying as a related party transaction [2][3]. Regulatory Compliance - The company relied on exemptions from valuation and minority approval requirements under Multilateral Instrument 61-101, as the transaction did not exceed 25% of the company's market capitalization [3]. Use of Proceeds - Proceeds from the private placement are earmarked for exploration activities at the Howells Lake Antimony Gold Project and for general administrative expenses [4]. Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, with a strategic position to meet the rising global demand for critical minerals, particularly through its antimony-gold exploration in Canada and uranium interests in Namibia [5].

Core Points - Halcones Precious Metals Corp. has granted 3,500,000 stock options to certain officers, directors, and consultants at an exercise price of $0.10 per share for a two-year period [1][2] - The company has also issued 4,550,000 restricted share units (RSUs) that will vest annually over three years, starting from the one-year anniversary of the grant date [2] - The grants of stock options and RSUs are subject to approval by the TSX Venture Exchange [2] Company Overview - Halcones Precious Metals Corp. is focused on exploring and developing gold-silver projects in Chile [3] - The company has a team with a strong background in exploration success within the region [3]