Core Insights - Armory Mining Corp. is focused on the exploration and development of minerals critical to the energy, security, and defense sectors, with updates on exploration activities scheduled through Q2 2026 [1] Group 1: Ammo Gold-Antimony Project - The company has engaged Castello Q Exploration Corp to conduct an initial phase one work program at its 100% owned Ammo Antimony-Gold project in Nova Scotia, Canada [2] - The Ammo project spans 3,092 hectares and is contiguous to the historical West Gore antimony-gold mine, which produced significant quantities of antimony and gold during World War I [3] - Historical production records indicate nearly 32,000 metric tons of output from 1914-1917, yielding over 7,000 metric tons of antimony concentrate with a grade of 46% and a total of 6,861 ounces of gold recovered [4] - The initial work program will include data compilation, prospecting, reconnaissance, detailed surface sampling, and geophysics, with a budget of up to $656,000 CAD for this phase [5][6] Group 2: Candela II Lithium Deposit - The company is advancing its Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina, with a scoping study underway to evaluate its technical viability and economic potential [9][10] - The Candela II project has an inferred resource of 457,000 tonnes of lithium carbonate in-situ, as estimated by WSP Australia [10] - The lithium carbonate price has increased by 30% since the start of the year, reaching a two-year high, highlighting the project's significance for the company [11] - The project is situated in the 'Lithium Triangle,' an area known for lithium production, with Ganfeng Lithium, Rio Tinto, and Power Minerals operating nearby [12] Group 3: Company Overview - Armory Mining Corp. holds an 80% interest in the Candela II lithium brine project and 100% interest in both the Ammo antimony-gold project and the Riley Creek antimony-gold project located in British Columbia [14]

Core Insights - Armory Mining Corp. is advancing its Candela II lithium brine project in Argentina, focusing on minerals critical to energy, security, and defense sectors [1][6] - The company plans to conduct a scoping study to assess the technical viability and economic potential of the Candela II project, which has an inferred resource of 457,000 tonnes of lithium carbonate in-situ [2][3] Project Development - The scoping study aims to provide preliminary estimates of production potential, resource expansion, capital and operating costs, and will also evaluate environmental impacts and regulatory requirements [3] - The current market price for lithium carbonate is $13,401 per ton for 99.5% battery grade as of November 17, 2025 [2] Location and Competition - The Candela II project is situated in the 'Lithium Triangle' of South America, near major players like Ganfeng Lithium, Rio Tinto, and Power Minerals [4] - Ganfeng Lithium, the largest producer of battery-grade lithium in China, holds an adjacent concession and a production well approximately 9.8 km from Candela II [4]

Core Viewpoint - Argentina Lithium & Energy Corp has amended its option agreement to modify the payment schedule and establish the share value to be issued upon exercising the option [1][2]. Group 1: Option Agreement Details - On September 20, 2022, Argentina Lithium's subsidiary, Argentina Litio Y Energia S.A. (ALE), entered into the Paso de Sico Option Agreement to acquire a 100% interest in four mine concessions totaling 791.3 hectares at the Salar de Rincon [2]. - The total cash payments required to exercise the Paso de Sico Option amount to US$1,500,000, to be paid over three years [2]. - The fifth and final cash payment of US$418,000 has been extended from March 31, 2025, to September 30, 2025, with an additional extension fee of US$41,800 [2]. Group 2: Share Issuance and Financial Terms - The Company plans to pay the extension fee by issuing 995,954 shares at a price of $0.06 per share, based on the Bank of Canada exchange rate of 1.4296 (USD/CAD) as of March 25, 2025 [2]. - The amendment to the option agreement is subject to approval from the TSX Venture Exchange [2]. Group 3: Company Overview - Argentina Lithium & Energy Corp focuses on acquiring high-quality lithium projects in Argentina to meet the growing global demand from the battery sector [3]. - The Company has strategic investment from Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., positioning it well in the lithium market [3]. - Argentina Lithium has assembled significant lithium properties in the "Lithium Triangle," covering over 70,000 hectares [3].