TORONTO — Lithium Royalty Corp. (the “Company” or “LRC”) (TSX: LIRC) is pleased to announce that it has obtained a final order (the “Final Order”) from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement under the Canada Business Corporations Act (the “Arrangement”), whereby Altius Minerals Corporation (“Altius”) will acquire all of the outstanding common shares and convertible common shares of LRC (the “LRC Shares”), for a choice of consideration p ...

Core Viewpoint - Teck Resources' subsidiary Teck American has agreed to transfer full ownership of the Apex mine in Utah to Blue Moon Metals, enhancing Blue Moon's critical mineral project portfolio and supporting North American supply chains [1] Group 1: Transaction Details - Blue Moon and Teck signed a sale and purchase agreement in February 2026, with completion expected by March [2] - Blue Moon will gain full ownership of the Apex mine, which includes 26 patented and nine unpatented claims over 250 hectares [2] - In exchange, Blue Moon will issue 7,031,959 common shares to Teck, representing 8% of its outstanding shares at the time of the announcement [2] Group 2: Financial Terms - Teck will receive a 0.5% net smelter returns (NSR) royalty on the property and a capped royalty of $1 million (C$1.37 million) [3] - Immediate synergies include potential processing of zinc concentrates from Blue Moon's California-based Blue Moon Mine at Teck's Trail Operations in Canada [3] Group 3: Future Plans and Developments - Blue Moon is considering restarting the permitted Springer tungsten mine in Nevada to fulfill domestic requirements and expand critical mineral processing capabilities [4] - Production at the Blue Moon Mine is expected to commence in 2028, with ongoing technical work aimed at processing materials at Blue Moon's Springer complex in Nevada [5] - Blue Moon's CEO highlighted the advancement of underground development at the Blue Moon Mine and the strategic importance of the Apex Mine acquisition and Springer metallurgical complex redevelopment for US critical metals growth [5] Group 4: Strategic Partnership - The partnership between Teck and Blue Moon is seen as logical, combining Blue Moon's US project pipeline with processing capacity at Teck's Trail Operations [6] - The collaboration aims to leverage combined infrastructure, technical expertise, and financing to advance US domestic projects in copper, zinc, tungsten, germanium, and gallium [6]

Core Viewpoint - The Metals Company is currently seen as a promising business development story, but it is advised that only aggressive investors consider it at this stage of its development [1] Group 1: Business Potential - The Metals Company aims to produce nickel, cobalt, copper, and manganese, which are essential for energy, defense, manufacturing, and infrastructure [2] - The company claims to be "unlocking the world's largest undeveloped resource" of these metals, indicating significant potential for future growth [2] Group 2: Risks and Challenges - The underwater location of The Metals Company's mining operation presents substantial challenges, as undersea mining has historically faced difficulties [5] - The company has not made significant progress in its development, leading to expectations of continued financial losses and no revenue generation in 2026 [6] - The execution risk is considerable, and until the company can demonstrate the ability to build and operate an undersea mine profitably, the risk/reward balance is heavily tilted towards risk [9] Group 3: Current Market Position - The current market capitalization of The Metals Company is $2.6 billion, with a stock price of $6.26 [8] - The stock has shown high volatility, and investors are advised to remain cautious unless they can handle this volatility [8]

Fourth Quarter 2025 Presentation of Financial Results February 27, 2026 Find, mine and deliver the planet's most important and essential minerals that enable the world and humankind to create, innovate, and prosper. F e b r u a r y 2 0 2 6 Forward-Looking Information NASDAQ: AUGO| B3:AURA33 Operational Performance and Highlights Fourth Quarter 2025 Results This presentation contains "forward-looking information" and "forward-looking statements", as defined in applicable securities laws (collectively, "forwa ...

Group 1 - Critical Metals (NASDAQ: CRML) stock increased by 3.7% despite news of insiders selling a significant amount of shares, totaling 2.8 million shares or approximately 2.4% of all outstanding shares [1][2] - Insiders plan to sell up to two million shares initially, with an additional 777,600 shares to be sold following the exercise of stock warrants [2] - The company will not benefit financially from these sales, as the proceeds will not go to Critical Metals, except for standard amounts received from warrant exercises [3] Group 2 - The market's reaction to insider selling appears illogical, as typically such news would lead to a decline in stock prices, yet Critical Metals stock is being bid up [4] - Analysts from Stock Advisor have not included Critical Metals in their list of the top 10 stocks to buy, suggesting a lack of confidence in the company's prospects [7]

Core Viewpoint - The U.S. Department of Commerce has finalized antidumping and countervailing duties of at least 160% on certain Chinese graphite imports, indicating a structural shift in the U.S. graphite market and highlighting the need for a secure domestic supply of natural graphite [1][2][4]. Industry Summary - The U.S. currently imports 100% of its natural graphite requirements, with China being the dominant supplier, which poses a strategic vulnerability in sectors such as defense, advanced manufacturing, energy storage, and industrial applications [4]. - The imposition of these duties is expected to significantly alter the economics of Chinese graphite imports, reinforcing the importance of developing a domestic supply chain for natural graphite [4][8]. Company Summary - Titan Mining Corporation is the only U.S. company producing end-to-end natural flake graphite and is scaling up its Kilbourne graphite demonstration facility to achieve a planned production capacity of 40,000 metric tonnes per annum, which aims to supply close to 50% of U.S. demand [5][8]. - The company emphasizes its commitment to enhancing the security of the domestic supply chain for critical minerals, particularly in light of the new duties imposed on Chinese imports [6][8].

Core Viewpoint - Silvercorp (SVM) is anticipated to report a year-over-year increase in earnings due to higher revenues, with the actual results being a significant factor that could influence its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on February 9, with a consensus estimate of quarterly earnings at $0.17 per share, reflecting a year-over-year increase of +70% [3]. - Revenues are projected to reach $126.1 million, which is an increase of 50.8% compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 22.73% higher in the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [4]. - However, the Most Accurate Estimate for Silvercorp is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -21.21%, suggesting a bearish outlook from analysts [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from the consensus estimate, with positive readings being more reliable [8][9]. - Silvercorp currently holds a Zacks Rank of 2, which typically indicates a buy recommendation, but the negative Earnings ESP complicates predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, Silvercorp exceeded the consensus EPS estimate by delivering earnings of $0.10 per share against an expectation of $0.09, resulting in a surprise of +11.11% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Conclusion - While Silvercorp is not positioned as a compelling earnings-beat candidate, it is essential for investors to consider various factors beyond earnings results when making investment decisions [14][16].

Core Viewpoint - Northstar Gold Corp. has received approval for up to $4.0 million in co-investment funding from DIGITAL to support its Cam Copper Surgical Mining for Critical Minerals Project, which aims to utilize innovative mining technology for sustainable mineral extraction [1][2]. Funding and Financials - The project is expected to receive approximately $1.8 million net of fees, representing about 30% of the total project-approved expenditures of approximately $11.0 million [2]. - Northstar anticipates receiving its first reimbursement of eligible project expenditures of around $300,000 by mid-April 2026 [2]. Project Details - The project will apply Novamera's Surgical Mining technology at Northstar's 100%-owned Cam Copper Project in Ontario, focusing on low-impact, precision mining to reduce waste and surface disturbance [3]. - The project aims to generate direct-shipping copper mill feed while minimizing capital intensity and permitting timelines compared to conventional mining methods [3]. Strategic Importance - The co-investment is seen as a significant milestone for Northstar as it advances the Cam Copper Surgical Mining pilot towards permitting and potential deployment [4]. - The project will proceed in phases, focusing on advanced subsurface imaging, real-time orebody modeling, metallurgical validation, and regulatory engagement under Ontario's critical minerals framework [4]. Company Overview - Northstar Gold Corp. is focused on advancing exploration and development of its 100%-owned Miller Copper-Gold Property, which includes the Cam Copper VMS exploration project [6]. - The company has reported exploration target studies indicating potential resources of 75,000 to 140,000 tonnes of copper at grades between 9% and 18% [6].

Core Viewpoint - Titan Mining Corporation has commenced graphite concentrate production at its Kilbourne demonstration facility, marking a significant step in re-establishing a domestic natural graphite supply chain in the U.S. for the first time in over 70 years [2][4]. Group 1: Production and Capacity - The Kilbourne facility is designed to produce approximately 1,200 tonnes per year of graphite concentrate, which is a critical bridge to achieving a targeted production profile of 40,000 tonnes per year [5]. - This production aligns with the U.S. government's policy to rebuild secure supply chains for critical minerals, particularly in response to import dependence and supply-chain vulnerabilities [4][5]. Group 2: Financing and Support - Titan is advancing discussions with the U.S. Export-Import Bank regarding a $120 million loan facility to support the Kilbourne project's development, with updates expected soon [3]. - The company is also engaging with other federal agencies for additional funding solutions to complement its financing efforts [3]. Group 3: Strategic Importance - The phased development strategy of Titan positions the company to meet U.S. demand across various sectors, including defense, industrial, and energy-related applications, as processing and refining capacities are expanded [6]. - The recent Executive Order from the White House emphasizes the importance of domestic production and processing of critical minerals, which Titan's operations directly support [4][6].

Core Insights - Kenmare Resources reported a strong safety performance in 2025 with only three lost time injuries and highlighted its significant community investment of over $25 million since 2004, including a nearly 80% completion of a new district hospital [1][2] - The company emphasized its economic importance in Mozambique, contributing approximately 6% to the national GDP and being the largest employer in Nampula province [2] - Kenmare's Moma mine is described as a long-life asset with nearly 100 years of mineral resources at current production rates, producing titanium minerals that account for about 6% of global ilmenite supply [3][4] 2025 Operational Performance - The WCP A upgrade, costing $341 million with over 80% spent, is aimed at accessing the Nataka orebody, which holds more than 70% of the mine's resources, although it led to a 15% decline in concentrate output for 2025 [5][12] - Production in 2025 was affected by the WCP A upgrade and poor weather, resulting in lower shipments and a deliberate decision not to offset production shortfalls with higher-cost mining [9][11] - Kenmare introduced a new product, "ZirTi," from stockpiled material, which is expected to continue into 2026 [10] 2026 Guidance and Financial Outlook - For 2026, Kenmare aims for 1.1 million tonnes of finished product shipments, over 800,000 tonnes of production, and operating costs between $215 million and $225 million, with a capital expenditure of approximately $60 million [6][16] - The company anticipates a non-cash impairment of $250 million to $300 million for full-year 2025 due to weaker pricing, alongside a $15 million inventory write-down [7][15] - Kenmare is shifting focus from production targets to cash generation and reducing high finished-product inventories, with a strong order book for early 2026 [14][16] Market Conditions and Strategic Initiatives - Demand for Kenmare's products remains stable, but oversupply in ilmenite has led to weaker pricing [14] - The company is working on renewing its implementation agreement with the Mozambican government, proposing an increase in royalties from 2.5% to 3.5% [18]