The TSX Venture Exchange has approved the issuance of 3.5 million bonus warrants to Auramet International Inc., each exercisable into one common share at a $1.81 per share for a period of one year from issuance.

The warrants were issued in connection with the maturity date extension of $32-million (U.S.) principal amount promissory note dated Feb. 6, 2026 (the advance), for another three months, until Aug. 9, 2026. The advance will bear interest rate of 15 per cent per annum until maturity. There are no other changes to the terms of the advance.

For more information, please refer to the company's news releases dated May 7, 2026, May 12, 2026, and June 15, 2026.