Subject: Earthworks Industries Inc; News Release October 14, 2026
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File: '\\swfile\EmailIn\20261014 001100 Attachment EWK NR 10-14-26 .docx'
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Suite 600 - 890 West Pender Street, Vancouver, BC V6C 1J9
Telephone: 604.669.3143 Fax: 604.669.3107
Email: info@earthworksinc.com
Web: www.earthworksinc.com
TSX-V: EWK
OTCQB: EAATF
News Release
October 14, 2026
Earthworks Appoints Gary MacDonald to Advisory Board
Vancouver, British Columbia - October 14, 2026 - Earthworks Industries Inc. (TSX-V: EWK, OTCQB: EAATF) ("Earthworks" or the "Company"), a critical minerals recycling and recovery company advancing modular systems designed to recover critical minerals and strengthen Western critical mineral supply chains, is pleased to announce the appointment of Mr. Gary MacDonald to its Advisory Board.
Mr. MacDonald brings more than 40 years of experience in merchant banking, investment banking, venture capital, clean technology, and the global natural resources and mining sectors. Throughout his career, he has held senior leadership and board positions involving projects and businesses across the Americas, Europe, Africa, and the Middle East. His experience spans the full project development lifecycle, including due diligence, financing, development, operations, strategic partnerships, and mergers and acquisitions.
In 1998, Mr. MacDonald co-founded a Seattle-based venture capital firm and fund, with which he remains involved. He also founded GeoMinerals and GeoLogics Corporation, advancing technologies focused on environmental performance and operational efficiency, including work with the University of British Columbia and Johns Hopkins University. His previous (related) executive roles include Interim Chief Executive Officer of International Water Corporation and Founder and Chief Executive Officer of NEOS Water.
Mr. MacDonald holds a Global Executive MBA from Rotterdam School of Management, Erasmus University, and a Bachelor of Commerce from the University of British Columbia.
DAVID ATKINSON, CEO OF EARTHWORKS COMMENTS:
"We are pleased to welcome Gary to the Earthworks Advisory Board. His extensive experience across capital markets, natural resources, technology development and corporate finance brings valuable perspective as we advance our critical minerals recycling and recovery business. Gary understands what it takes to move projects from development through commercialization, and we look forward to working with him as we build the business and pursue new opportunities."
GARY MACDONALD COMMENTS:
"I am greatly impressed and encouraged by what Earthworks has accomplished so far this year, which I believe is a true reflection of its management team. I look forward to the opportunity of contributing and working alongside the Earthworks team to help advance the Company's vision."
ADDRESSING THE CRITICAL MINERALS SUPPLY GAP
The race to build and power artificial intelligence infrastructure, electrify transportation, modernize defense systems and expand advanced manufacturing has created an unprecedented and accelerating demand for critical minerals, including copper, rare earth elements, lithium, cobalt, nickel, tungsten, titanium and many other materials that form the physical foundation of the 21st-century economy.
The problem is supply.
Refining and processing capacity for many of these materials is heavily concentrated in foreign jurisdictions, most significantly China, creating vulnerabilities in Western supply chains that are no longer theoretical, but active and urgent.
Both Canada and the United States have responded with major policy commitments, including Canada's Critical Minerals Strategy and initiatives under the United States Defense Production Act and CHIPS and Science Act, directed at building domestic supply chain resilience.
Primary mining alone cannot close the supply gap quickly enough. New mine development frequently requires a decade or more to advance from discovery through permitting, financing, construction and production.
This is where recycling and secondary recovery become strategically essential.
Many of the materials required by Western economies already exist above ground in significant quantities within end-of-life electronics, industrial scrap, manufacturing byproducts, legacy mine waste, tailings, waste rock and other previously processed materials.
Urban recycling and secondary recovery can provide a faster, lower-impact and potentially more capital-efficient path to production than greenfield mine development. However, domestic recovery infrastructure across North America remains fragmented and undersupplied, creating a need for modular, deployable and digitally managed recovery capacity.
Through its acquisition of the Critical Minerals Recovery System, Earthworks holds a full-stack platform developed to address that need, beginning with copper and rare earth elements, and the intention to expand into battery metals, precious metals and defense-related materials across Canada and the United States.
ABOUT EARTHWORKS INDUSTRIES INC.
Earthworks Industries Inc. is a critical minerals recycling and recovery company advancing modular systems designed to recover strategic metals and strengthen Western critical mineral supply chains. The Company is developing scalable recycling and recovery infrastructure to help address the growing need for domestic critical minerals production.
For further information, contact:
Earthworks Industries Inc.
David Atkinson
President/CEO
604-669-3143
Info@earthworksinc.com
Investor Relations:
Patrick-Butler
778-893-9850
patrick@trifectacapitalmarkets.com
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
FORWARD-LOOKING STATEMENTS
Statements made in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements.
Forward-looking statements in this news release include, but are not limited to, statements regarding the potential availability, suitability, quality, quantity and economics of prospective copper feedstock; the Company's ability to validate and secure feedstock supply; the potential processing and recovery of such material; the development and deployment of the Company's initial copper recycling operations; the selection of equipment, processing methods and operating locations; the potential for opportunities identified by the Company to accelerate commercialization or reduce capital requirements; the development of strategic partnerships, financing, funding and downstream commercial relationships; the potential application of the Critical Minerals Recycling and Recovery System to copper, rare earth elements, precious metals, battery metals, defense and strategic metals and other critical minerals; the expansion of the system into additional locations and material streams; and the Company's objective of contributing to more secure and resilient Western critical mineral supply chains.
Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the development, financing, construction and operation of recycling and resource recovery projects.
These risks and uncertainties include, among others, the Company's ability to obtain sufficient financing, validate and secure suitable feedstock on commercially acceptable terms, confirm feedstock composition and recoverability, identify and secure an appropriate facility location, procure and commission required equipment, obtain permits and regulatory approvals, enter into strategic partnerships and downstream commercial arrangements, validate anticipated processing performance and economics, and successfully commercialize the Critical Minerals Recycling and Recovery System.
There can be no assurance that the prospective feedstock sources currently being evaluated will result in definitive supply arrangements, that the approximately 550 metric tonnes of prospective feedstock identified will ultimately be available or suitable for processing, or that preliminary commercial indications will be representative of final operating economics.
As a result, actual results may vary materially from those described in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
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