Mr. Brian Savage reports
ELECTRIC METALS (USA) LIMITED ANNOUNCES OTCQB TICKER SYMBOL CHANGE TO EMUS AND GRANTS DEFERRED SHARE UNITS TO DIRECTORS
Electric Metals (USA) Ltd.'s common shares are now quoted on the OTCQB under the ticker symbol EMUS, replacing the previous ticker EMUSF.
The ticker update was processed by the Financial Industry Regulatory Authority (FINRA) following the company's redomicile to the United States, resulting in the removal of the F suffix previously used to designate foreign issuers.
"Our OTCQB ticker, EMUS, reflects our transition to a U.S.-domiciled company and our focus on building a fully domestic manganese supply chain powering the electrification of everything-from batteries to defence and advanced manufacturing," said Brian Savage, chief executive officer of Electric Metals.
The company's listing on the TSX Venture Exchange remains unchanged under the symbol EML.
In addition, the company announces that it has granted an aggregate of 318,429 deferred share units (DSUs) to the non-executive members of its board of directors on March 31, 2026.
The DSUs were granted under the company's omnibus equity incentive plan, which was approved by shareholders on Sept. 4, 2025, as subsequently amended and restated to comply with applicable United States tax requirements and Delaware corporate law. The DSUs were issued in respect of directors' fees for the calendar quarter ended March 31, 2026.
About Electric Metals (USA) Ltd.
Electric Metals (USA) is a U.S.-domiciled critical minerals and advanced materials company developing the North Star manganese project to support the electrification of everything. The company's principal asset is the Emily manganese deposit in Minnesota, the highest-grade manganese deposit in North America. The North Star manganese project is a 100-per-cent U.S. domestic project, comprising a manganese mine in Emily, Minn., and a high-purity manganese sulphate monohydrate (HPMSM) chemical plant in the U.S. It has been the subject of extensive technical work, including a preliminary economic assessment prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
Electric Metals' mission is to establish a fully domestic U.S. supply of high-purity manganese chemical and metal products for the North American electric vehicle and energy storage battery, defence, technology, and industrial markets. With manganese playing an increasingly important role in lithium-ion battery formulations, and with no current domestic production in North America, the development of the North Star manganese project represents a strategic opportunity for the United States, the State of Minnesota and the company's shareholders.
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