Core Viewpoint - NextSource Materials Inc. is initiating a private placement offering to raise approximately C$25 million to support the development of its battery anode facility in the UAE, update its Molo technical report, and for general corporate purposes [1] Group 1: Offering Details - The company has engaged Stifel Canada as the lead agent and sole bookrunner, with Maxim Group as co-agent, for a "best-efforts" offering of about 58.8 million units priced at C$0.425 per unit [2] - Each unit will consist of one common share and one-half of one common share purchase warrant, with each whole warrant exercisable at C$0.55 per share starting 61 days after closing and expiring three years after the closing date [2] Group 2: Regulatory and Participation Aspects - The offering is being conducted under the listed issuer financing exemption pursuant to National Instrument 45-106, allowing sales to investors in Canadian provinces other than Québec and in certain jurisdictions outside Canada [3] - Vision Blue Resources Limited has a contractual right to participate in equity financings to maintain its ownership interest and will be notified of the offering, with expectations that Vision Blue may participate to maintain its pro-rata ownership [4] Group 3: Loan Facility Update - NextSource disclosed an amended and restated loan facility with Vision Blue, increasing the maximum capacity from US$30 million to US$50 million, with drawdowns at Vision Blue's discretion [5] - The company anticipates entering into a consent agreement at closing, under which Vision Blue would commit to advancing US$5 million under the facility, subject to certain conditions, and extend the maturity date to 12 months after closing [5] - The offering is expected to close on or about February 24 [5]

Core Viewpoint - Surge Copper Corp. is initiating a non-brokered private placement of 30 million units at a price of $0.50 per unit, aiming for gross proceeds of $15 million to support its mineral exploration and development projects [1][5]. Group 1: Offering Details - Each unit consists of one common share and one non-transferable common share purchase warrant, with the warrant allowing the purchase of an additional common share at an exercise price of $1.00 for three years [2]. - The warrants include an acceleration provision, allowing the company to shorten the expiry date if the common shares trade at a volume-weighted average price of $1.50 or greater for 20 consecutive trading days [3]. - The offering is expected to close around February 26, 2026, and may be completed in multiple tranches, subject to regulatory approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to advancing mineral exploration and development projects, including the Berg and Ootsa projects, as well as for working capital and general corporate purposes [5]. Group 3: Strategic Investor Participation - A strategic investor has the right to participate in the offering to maintain its ownership interest, with the gross proceeds assuming full exercise of this right, subject to regulatory approvals [4]. - Any warrants issued to the strategic investor will have restrictions to prevent ownership from exceeding 19.9% of the outstanding common shares [4]. Group 4: Company Overview - Surge Copper Corp. is focused on advancing the Berg Project, which hosts a significant copper-molybdenum-silver deposit, and is progressing towards a Pre-Feasibility Study to define its development potential [8][9]. - The company also controls a large mineral claim package that includes multiple advanced porphyry deposits, positioning it as a contributor to Canada's critical minerals strategy [10].

OTC Markets Uplisting Establishes U.S. Trading Presence and Broadens Investor Participation as Company Advances Execution MilestonesVANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) (“Rio Silver” or the “Company”) today announced that its common shares are now trading on the U.S. OTCID Market, expanding access for United States and global investors to participate in the Company’s silver-focused growth strategy. The OTCID uplisting establishes a formal U ...

Montreal, Quebec--(Newsfile Corp. - February 10, 2026) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) ("Manganese X" or the "Company") is pleased to announce that the South African Patent Office has granted Manganese X a patent for its proprietary purification process of manganese sulfate, a critical material used in the production of lithium-ion batteries for electric vehicles ("EVs") and stationary energy storage systems.Manganese X CEO, Martin Kepman, said, "The accepta ...

Group 1 - The core focus of the signing ceremony was on the procurement of 500 electric unmanned mining trucks, aiming to create a fully automated and intelligent mining process, promoting digitalization and zero-carbon transformation in the mining industry [2][3] - Xidi Zhijia, as the core provider of unmanned driving systems, will support Guangna Group with technology for full mine automation, marking a significant step towards large-scale application of unmanned mining technology [3][4] - The procurement of 500 electric unmanned mining trucks signifies Guangna Group's recognition of Xidi Zhijia's technology and solutions, indicating a new phase in the large-scale application of unmanned mining technology [3][4] Group 2 - Guangna Group has initiated pilot applications for electric unmanned mining trucks, and this bulk purchase marks the acceleration of their large-scale application [4] - Xidi Zhijia will continue to provide core technologies for full mine automation, aiding Guangna Group in promoting a new mining model and improving the ecological environment in the Ulanqab region [4]

Core Viewpoint - Manganese X Energy Corp. has received a patent from the South African Patent Office for its proprietary purification process of manganese sulfate, which is essential for lithium-ion batteries used in electric vehicles and energy storage systems [1][2]. Company Developments - The CEO of Manganese X, Martin Kepman, highlighted that the patent marks a significant milestone in the company's goal to become a vertically integrated North American supplier of battery-grade manganese [2]. - The patent enhances the company's intellectual property portfolio and supports its strategy to supply high-purity manganese sulfate to the growing lithium-ion battery market [2][5]. - Manganese X is currently conducting a pre-feasibility study to evaluate various processing routes for optimizing technical and economic performance [2]. Strategic Positioning - Manganese X has applied for patent protection in Canada, the United States, Mexico, and Australia, positioning itself strategically within a key global manganese jurisdiction [3]. - The company aims to develop a fully integrated North American critical minerals supply chain, leveraging South Africa's status as a major manganese producer [3]. Industry Context - High-purity manganese sulfate is a crucial precursor material for lithium-ion battery chemistries, including Nickel-Manganese-Cobalt (NMC) and emerging high-manganese technologies, which are vital for electric vehicles and energy storage systems [4]. - With the acceleration of global electric vehicle adoption and government focus on domestic critical mineral supply chains, Manganese X is advancing its role as a strategic supplier of battery-grade manganese [5]. Project Development - The company is focused on advancing its Battery Hill project in New Brunswick, Canada, which is one of the largest manganese carbonate deposits in North America [2][6]. - Manganese X aims to become the first publicly traded manganese mining company in Canada and the U.S. to commercialize EV-compliant high-purity manganese [6].

Today, I would like to explain why I believe that the First Trust Active Factor Mid Cap ETF ( AFMC ) is only a Hold despite its quite an ebullient start to 2026.Vasily Zyryanov is an individual investor and writer.He uses various techniques to find both relatively underpriced equities with strong upside potential and relatively overappreciated companies that have inflated valuation for a reason.In his research, he pays much attention to the energy sector (oil & gas supermajors, mid-cap, and small-cap explor ...

Adjustment of F&O Contracts for NMDC - The strikes of NMDC options and the base price of futures contracts will be revised due to extraordinary dividends effective February 13, 2026 [1] - All positions in futures contracts will be marked-to-market on the last cum-dividend date, February 12, 2026, based on the daily settlement price [2] - Open positions will be carried forward at the daily settlement price less ₹2.50, which is the dividend amount [2] - Daily mark-to-market settlement of futures contracts will continue as per normal procedures from February 13, 2026 [3] Example of Futures Contracts Adjustment - If 1 lot (6750 quantities) of NMDC February futures is bought at ₹85 on February 12, 2026, and the daily settlement price is ₹87, a mark-to-market profit of ₹2 per share is realized [4] - On February 13, 2026, the position will be carried forward at ₹84.50, and if the closing price is ₹86, a mark-to-market profit of ₹1.50 per share will be achieved [4] Adjustment for Option Contracts - The full value of the dividend, ₹2.50, will be deducted from all cum-dividend strike prices on the ex-dividend date [5] - Existing positions in strike prices will continue to exist in the corresponding new adjusted strike prices [5] - For instance, the strike price of the ₹85 Call Option will be reduced to ₹82.50 on February 13, 2026, while the lot size of the F&O contracts will remain unchanged [6] - Equity shareholders of NMDC as of February 13, 2026, will be entitled to receive the dividend, credited to their primary bank account within 30 to 45 days from the record date [6]

PLS Group has signed a lithium offtake agreement with Canmax Technologies, becoming the first Australian miner to secure a supply deal that guarantees a minimum price for the battery metal https://t.co/VMFribzB8a ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **Circular Economy** and the demand for **Critical Raw Materials (CRMs)** driven by industries such as **AI/Data Centers**, **Defense**, and **Energy** [1][6][10] - The geopolitical uncertainty and rising commodity prices have heightened the need for resource efficiency and circular solutions [1][6][10] Core Insights - **Rising Demand for CRMs**: The demand for CRMs is increasing due to their critical role in AI, data centers, and defense technologies. The U.S. has a high import reliance on these materials, with 12 out of 20 key materials having over 70% import reliance [9][21] - **Price Inflation**: Over the last two years, prices for key materials have surged, with copper increasing by over 50%, silver by over 300%, and aluminum by over 400% [1][10] - **Strategic Importance of Circular Solutions**: Circular solutions are becoming essential for securing raw material supply, with a focus on recycling and resource efficiency [1][10][45] - **Government Initiatives**: The U.S. has launched initiatives like **Project Vault** and a $12 billion reserve to build inventories and reduce time to market for new supplies [1][10] Key Catalysts for Circular Solutions 1. **Supply Concerns**: Geopolitical tensions and export restrictions are driving the need for supply diversification and circular economy strategies [10][56] 2. **Commodity Prices**: Rising prices are pushing companies to focus on resource efficiency and recycling [10][56] 3. **Energy Efficiency**: Circular solutions, such as recycled aluminum, are significantly more energy-efficient compared to primary production [10][67] 4. **Regulatory Support**: Growing regulatory frameworks are promoting recycling and circular economy solutions [10][45] Industry Players and Opportunities - Companies involved in the circular economy and recycling solutions include: - **North America**: Alcoa, Century Aluminum, Steel Dynamics, Nucor, Freeport McMoRan [5] - **EU**: Boliden, Glencore, Norsk Hydro, Aurubis [5] - **ROW**: BHP, Rio Tinto, Lynas Rare Earths [5] - Significant investments in recycling facilities are being made, such as Steel Dynamics' $2.5 billion facility and Novelis' $4.1 billion facility [69] Additional Insights - **Data Center Growth**: The U.S. has 1,941 active data centers and 2,779 announced, with a projected capacity increase from 91 GW in 2024 to 277 GW by 2035 [21][24] - **Defense Industry Dependence**: The defense sector relies heavily on CRMs, with specific materials required for advanced systems [28][30] - **New Energy Technologies**: The transition to renewable energy sources requires significantly more CRMs compared to traditional energy sources [35][37] Conclusion - The combination of rising demand for CRMs, geopolitical risks, and the push for sustainability is driving the adoption of circular economy practices. Companies that focus on recycling and resource efficiency are likely to benefit from these trends.