VANCOUVER, British Columbia, Sept. 30, 2026 (GLOBE NEWSWIRE) -- AnorTech Inc. ("AnorTech" or the "Company") (TSX-V: ANOR; OTCQB: ANORF) is pleased to announce the completion of a bathymetric survey at its Gronne Bjerg anorthosite project in Greenland. The survey confirms that the Company's preferred location for a deep-water port is viable.

Survey Highlights

• A minimum depth of 15 metres at low tide was measured within 20 metres of the shoreline at the preferred port location
• This depth exceeds the approximate 12 to 14-metre draft typically required by Panamax-class bulk carriers (up to 80,000 DWT)
• The survey covered 1.98 kilometres of shoreline out to a depth of 200 meters
• The anorthosite body extends directly to the shoreline adjacent to the proposed port site

Survey Details

The survey was conducted over five days in September 2026 by Asiaq Greenland Survey ("Asiaq"). Asiaq is wholly owned by the Government of Greenland and has carried out survey work throughout Greenland for more than 60 years. The program covered a broad area of the coastline adjacent to the project so the Company could assess several potential port sites. The results confirm that the site AnorTech had identified as its preferred location has water depths suitable for large bulk carriers.

Management Commentary

Jim Cambon, President of AnorTech, commented: "The success of resource projects, particularly in the Arctic, depends heavily on logistics. Having a deep-water port directly next to the resource is a major advantage in keeping both infrastructure and operating costs low. The survey results demonstrate favourable water depths close to shore with the anorthosite body running right to the shoreline. These results support our project model of loading large-tonnage bulk carriers for the supply of feed material for smelter-grade alumina and high-purity alumina plants in North America and Europe utilizing our proprietary technology."

Next Steps

The data from this survey will be incorporated into the project’s Terms of Reference which are required together with environmental baseline studies and a resource model in order to submit an application for an exploitation licence.

AboutAnorTechInc.

AnorTech is pioneering the next generation of sustainable materials from anorthosite. The Company owns 100% of the Gronne Bjerg anorthosite project in Greenland – strategically located just 80 km northeast of Nuuk, the capital of Greenland, on open tidewater and adjacent to significant hydroelectric potential.

AnorTech is advancing multiple product lines towards commercialization, including:

• Zero-waste Smelter Grade Alumina (SGA) and High Purity Alumina (HPA)
• Next generation alumina-based catalysts for CO2 capture
• CO2-free refractory cement and advanced 3D-printable cement
• Lunar construction materials using anorthosite-based concrete

The Company filed a U.S. provisional patent in 2025 to protect its proprietary sustainable SGA and HPA process (see NR2025-01) and shipped 15 tonnes of Gronne Bjerg anorthosite to Ontario in preparation for pilot plant testing. AnorTech is actively pursuing strategic industry partnerships to accelerate commercialization of its alumina technologies. AnorTech has over C$3 million in working capital.

ON BEHALF OF THE BOARD OF DIRECTORS

“JimCambon”

President and Director

Forfurtherinformation:
Ph: 778-373-2164
www.anortechinc.com

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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This news release contains statements that, to the extent they are not recitations of historical fact, may constitute "forward-looking statements" within the meaning of applicable Canadian securities laws. The Company uses words such as "may", "would", "could", "will", "likely", "expect", "believe", "intend" and similar expressions to identify forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding: the future advancement and development of the Sarfartoq project; the potential benefits of AnorTech’s investment in Greenland Mines; the commercialization of AnorTech’s alumina and other anorthosite-based technologies; the Company’s ongoing discussions with potential strategic and industry partners; ; and the expected benefits of the strategic relationship between AnorTech and Greenland Mines. Such forward-looking statements are based on a number of assumptions of management, including, without limitation: that Greenland Mines may elect to exercise the Option and will have the resources to do so; that the strategic relationship will provide both parties with the expected benefits; and that market conditions will remain favorable for critical metals projects and alumina technologies. Many factors could cause the Company’s actual results to differ materially from those expressed or implied by the forward-looking statements contained in this news release. Such factors include, among other things: adverse market conditions; general economic, market or business risks; unanticipated costs; technical or commercial challenges associated with AnorTech’s technologies;; the failure by either or both parties to realize the expected benefits of the strategic relationship; changes in demand for critical minerals or alumina; and the risks and uncertainties described in the Company’s most recent Management Discussion & Analysis filed on SEDAR+, which can be accessed at the Company’s profile on www.sedarplus.com. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and accordingly, readers should not place undue reliance on forward-looking information. The "forward-looking statements" contained herein speak only as of the date of this press release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise.