Core Viewpoint - Locksley Resources, Ltd. has established a research collaboration with Columbia University to enhance the recovery and separation of rare earth elements (REEs) and other critical metals from geological resources in California's Mountain Pass region [1][4]. Group 1: Research Collaboration - The research program will be led by Professor Greeshma Gadikota, a prominent figure in electrochemical and CO-assisted mineral processing technologies [2]. - The collaboration aims to develop an integrated technology platform for advanced characterization, recovery, and separation of REEs and transition metals from various ore types in the Clark Mountain District [3]. Group 2: Strategic Importance - This partnership expands Locksley's U.S. research initiatives in rare earths, complementing existing work with Rice University on antimony, thereby strengthening the technical foundation of its Mine-to-Market strategy [4]. - The combined efforts of Columbia and Rice University support Locksley's advanced processing strategy in the U.S., creating a dual-pathway platform for critical mineral processing [5]. Group 3: Company Focus and Goals - Locksley Resources is focused on critical minerals in the U.S., particularly advancing the Mojave Project, which targets REEs and antimony [6]. - The company is executing a mine-to-market strategy aimed at reestablishing domestic supply chains for critical materials, supported by strategic partnerships with leading U.S. research institutions [6].

Core Insights - BacTech Environmental Corporation is restructuring an existing convertible debenture to strengthen its balance sheet and support its capital raise for the Ecuador bioleach facility and Zero-Tailings initiatives [1][2] Financial Restructuring - In March 2025, BacTech reached an agreement to potentially eliminate approximately US$1.8 million in convertible debt through a two-tiered conversion structure, simplifying the arrangement to reduce dilution and forgive a substantial portion of the debt [2] - The debenture holder will convert US$950,000 of principal into 19,000,000 common shares and receive 19,000,000 three-year common share purchase warrants, exercisable at US$0.15 per share [5] - The remaining US$850,000 of debt will be forgiven in exchange for a 1% royalty on the Company's projects [5] Company Overview - BacTech Environmental Corporation focuses on commercializing proprietary bio-oxidation (bioleaching) processes for the sustainable treatment of toxic, arsenic-bearing concentrates and mine tailings [3] - The flagship Tenguel–Ponce Enriquez bioleach plant in Ecuador is designed to process high-arsenic gold concentrates while generating strong economic returns and measurable social and environmental benefits [3] - The Company is advancing its Zero-Tailings initiative in Sudbury, Canada, aimed at recovering critical minerals and creating valuable by-products from pyrrhotite tailings [3]