Core Viewpoint - Fox Tungsten Ltd. announces the resignation of Grant McAdam from its Board of Directors due to regulatory requirements related to investment participation by Waratah Capital Advisors Ltd. [2] Group 1: Board Changes - Grant McAdam has resigned from the Board of Directors effective immediately to comply with Canadian securities law, which prohibits registered advisers from investing in an issuer when one of their team members is an officer or director [2] - Waratah Capital Advisors Ltd. intends to nominate a replacement for the board following McAdam's resignation [2] Group 2: Company Overview - Fox Tungsten Ltd. is focused on discovering and building resources near infrastructure within its 100-percent-owned portfolio of diversified metals projects in British Columbia [4] - The company's projects include the high-grade Fox Tungsten deposit, the Silverboss molybdenum-copper-gold-silver project, and the Hen-Art-DL gold and silver project [5] Group 3: Recent Transactions - On November 7, 2024, Fox Tungsten completed the sale of the Highland Valley Copper Project to Metal Energy Corp., retaining 2,347,220 common shares of Metal Energy [6]

Core Insights - The company reported an increase in commercial revenue, attributing gains to land sales and a back-end payment from a previous transaction [1] - Full-year revenue reached $49.6 million with adjusted EBITDA of $24.2 million, indicating growth from the previous year [2] - The company emphasized that commercial real estate remains its primary economic driver [2] Financial Performance - In Q4, revenues and other income rose 8% to $23.3 million, while adjusted EBITDA increased 9% to $11.4 million [7] - Net income fell to $1.6 million, or $0.06 per diluted share, down from $4.5 million, or $0.17 per diluted share, due to one-time proxy defense costs [3][7] - Farming revenue saw a significant increase of 20% in Q4 and nearly 26% for the full year, marking the highest farming revenue in a decade [9] Operational Highlights - The industrial portfolio is fully leased, with the commercial portfolio approximately 98% leased and Outlets at Tejon at 93% occupancy [6][8] - The company reported strong performance in farming, with Q4 farming revenue of $12.2 million, up from $9.7 million [9] - A new multifamily reporting segment was introduced, with Terra Vista at Tejon approximately 70% leased [12][13] Governance and Cost Management - The board is implementing governance changes, including a reduction in board size and the elimination of the executive committee [5][15] - The company is targeting an additional $1 million in overhead savings by the end of 2027, following previous cost-saving measures [16] - Management is focused on moving long-term projects into active implementation to generate cash flow [17] Capital and Liquidity - The company has approximately $91 million in total liquidity, including cash, marketable securities, and available credit [23] - A capital raising process for Mountain Village has begun, with plans to use third-party joint venture equity [18][22] - The company expects its master planned communities to generate significantly more than $20 million in annual income over time [17]

Company Overview - Wealth Minerals Ltd. is a mineral resource company focused on the acquisition and development of lithium projects in South America [4] - The company aims to advance battery metal projects where it has a competitive advantage in project selection and evaluation [5] Recent Developments - On February 25, 2026, the company closed the final tranche of a private placement, issuing 6,825,000 units at $0.08 per unit, resulting in gross proceeds of $546,000 [1] - The total units issued in the private placement amounted to 19,575,000, with aggregate gross proceeds of $1,566,000 [1] - Each unit consists of one common share and one-half of a common share purchase warrant at $0.12, expiring on February 25, 2028 [1] Financial Details - Finder's fees were paid to Canaccord Genuity Corp. totaling $3,920 in cash and 49,000 finder's warrants, and to Haywood Securities Inc. totaling $2,800 in cash and 35,000 finder's warrants [2] Market Position - The company is positioning itself to benefit from the anticipated mismatch between supply and demand in the lithium market, driven by structural issues in the industry [5] - Wealth Minerals believes that other battery metals will also benefit from similar trends in the industry [5]

Corporate Name Change - Happy Creek Minerals Ltd. will change its corporate name to Fox Tungsten Ltd. effective February 25, 2026, with trading under the new symbol "FOXT" on the TSX Venture Exchange [1][2] Shareholder Information - Shareholders can request a replacement certificate reflecting the new company name, but new certificates are not mandatory and will not be automatically issued [2] Project Overview - The Fox Tungsten project is recognized as one of the highest-grade tungsten resources globally, located in central British Columbia, and is 100% owned by the company [3] - The project is strategically positioned to address the urgent tungsten supply deficit in the West [3] Exploration and Development Plans - A successful drill program in 2025 extended mineralization at the RC & BN zones, with an expanded exploration program planned for 2026 to grow the resource and enable a Preliminary Economic Assessment (PEA) [3] Other Projects - The company also owns the Silverboss molybdenum-copper-gold-silver project and the Hen-Art-DL gold and silver project [4] - The Highland Valley Copper Project was sold to Metal Energy Corp., and the company holds 2,347,220 common shares of Metal Energy [4] Commitment to Responsible Development - The company is dedicated to responsible mineral resource development and aims to build sustainable relationships with Indigenous Communities in its exploration territories [5]

Company Overview - Wealth Minerals Ltd. is a mineral resource company focused on the acquisition and development of lithium projects in South America, particularly in Chile [4] - The company is also working to diversify its asset base to include precious metal projects [4] Recent Financial Activity - The company has closed the first tranche of a private placement, issuing 12,750,000 units at $0.08 per unit, resulting in gross proceeds of $1,020,000 [1] - Each unit consists of one common share and one-half of one common share purchase warrant at $0.12, expiring on January 30, 2028 [1] - Finder's fees were paid to various entities, including Red Cloud Securities Inc., EDE Asset Management Inc., and IBK Capital Corp. [2] Market Position and Strategy - The company is strategically advancing battery metal projects where it has a competitive advantage in project selection and initial evaluation [5] - Wealth Minerals is positioning itself to benefit from the anticipated future mismatch of supply and demand in the lithium market, driven by structural issues in the industry [5] - The company believes that other battery metals will also benefit from similar trends in the market [5]

Core Insights - M2i Global and Volato Group have announced the first shipment of high-grade gallium from Nimy Resources' Mons Project in Western Australia to the U.S. This shipment marks a significant milestone in establishing a secure, non-Chinese source of gallium for the Western supply chain [2][4][7] Company Developments - Nimy Resources has initiated its first shipment of gallium ore, which will be analyzed by selected academic institutions and defense industrial base companies to determine the refining processes needed for their applications [4][7] - The collaboration between Nimy and M2i focuses on developing and supplying gallium from the Mons Project, which also contains other critical minerals, including rare earth elements [5][7] - Nimy's Block 3 has confirmed high-grade gallium intervals exceeding 450 g/t Ga₂O₃, supporting the potential for future supply into the Western supply chain [6][7] Industry Context - The U.S. critical minerals market is projected to exceed $320 billion annually, highlighting the strategic importance of domestic sourcing and supply chain resilience [9] - The collaboration aims to enhance the reliability of gallium supply, which is essential for global semiconductor and defense needs, thereby contributing to national security [4][6]

Core Viewpoint - Wealth Minerals Ltd. has received official acceptance for a Special Lithium Operating Contract for the Kuska Project, marking a significant step towards project development and potential profitability in the lithium market [1][2]. Company Overview - Wealth Minerals Ltd. is focused on acquiring and developing lithium projects in South America, with interests in Canada and Chile [4]. - The company aims to diversify its asset base to include precious metal projects while advancing battery metal projects where it has a competitive advantage [5]. Kuska Project Details - The Kuska Project is located in the Salar de Ollagüe, Antofagasta Region, Chile, and has been under development since 2019 [3]. - The project has an estimated resource of 741,000 tonnes of Lithium Carbonate Equivalent (LCE) with an average concentration of 175 mg/L, and inferred resources of 701,000 tonnes of LCE with an average grade of 185 mg/L [3]. - A preliminary economic assessment indicates an Internal Rate of Return (IRR) of 33% and a Net Present Value (NPV) of US$1.65 billion for a 20,000 tonne LCE per year project with a 20-year mine life [3]. Market Context - Global prices for Lithium Carbonate Equivalent have recently recovered, exceeding US$16,000 per tonne, which enhances the project's attractiveness [2]. - The lithium market is experiencing structural issues that may lead to a mismatch between supply and demand, positioning Wealth Minerals to benefit from future trends [5].

Company Leadership Changes - Kevin Zhou has resigned as an officer of Copperhead Resources Inc., and the company expresses gratitude for his contributions [1] - Denise Lok has been appointed as Corporate Secretary, while James A. Deckelman has been appointed as Chief Executive Officer [1] New CEO Profile - James A. Deckelman brings over 25 years of international oil and gas experience, with a background in resource discovery, operations leadership, and corporate strategy [2] - He has held significant roles at major energy companies such as ConocoPhillips, BP, and Talisman, contributing to resource advancements across various regions [2] - Deckelman is currently the President of Mayfair Energy Ventures, LLC, and has previously served as CEO of BluEnergies Ltd. and Chief Exploration Officer for GeoPark [2] Educational Background - James A. Deckelman holds a Master's degree in Geology from Utah State University and a Bachelor of Arts degree in Geology from Miami University [3] - He has authored numerous technical publications in petroleum geology and exploration strategy [3] Company Overview - Copperhead Resources Inc. focuses on acquiring and exploring mineral resource properties, particularly critical elements and precious metals [4] - The company holds an option to acquire a 100% interest in the Twilite Gold Project located in the Central Newfoundland Gold Belt [4] - Copperhead may also evaluate and acquire other mineral properties containing various metals and minerals across different geographical jurisdictions [4]

Group 1 - The article discusses the Asia Value & Moat Stocks research service aimed at value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value, focusing on deep value balance sheet bargains and wide moat stocks [1] - The company's outlook is described as mixed, with its key "Mineral Resources" business facing pressure, but potential offset through value-accretive asset recycling moves [1] - The Value Pendulum is highlighted as an Asian equity market specialist with over a decade of experience, providing investment ideas particularly focused on the Hong Kong market [1]

Core Viewpoint - Wealth Minerals Ltd. has announced that it will not proceed with the acquisition of the Andacollo Oro Gold Project due to regulatory and compliance delays, leading to the return of funds raised for the project [1][2][3] Company Overview - Wealth Minerals Ltd. is a mineral resource company focused on acquiring and developing lithium projects in South America, while also diversifying its asset base to include precious metal projects [4] - The company is committed to stakeholder engagement and has a joint venture with the Quechua Indigenous Community of Ollagüe for the Kuska lithium project [3][4] Industry Context - The lithium market is experiencing significant dynamics, with increasing metal prices driven by structural issues in meeting future demand [5] - Wealth Minerals aims to position itself as a major beneficiary of the anticipated supply-demand mismatch in the battery metals market [5]