Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (‘Skyharbour’ or the ‘Company’), is pleased to announce that its partner company, North Shore Uranium (‘North Shore’), has completed a prospecting program at its Falcon Property (‘Falcon’ or the ‘Property’) located at the eastern margin of the Athabasca Basin in Saskatchewan. North Shore may acquire an initial 80% interest in Falcon by issuing common shares having an aggregate value of CAD $1,225,000, making aggregate cash payments of $525,000 to Skyharbour, and incurring an aggregate of $3,550,000 in exploration expenditures on the property over the earn-in period.

Location Map of Falcon Project:
https://skyharbourltd.com/_resources/maps/Sky-SouthFalconOption.jpg?v=0.3

The prospecting program was completed by Axiom Exploration Group and focused on eighteen priority targets that were identified by North Shore’s technical team. At each of these targets, the crew assessed the mapped surface expression of the interpreted electromagnetic (‘EM’) conductor and surrounding area for outcrop and anomalous radioactivity. A Radiation Solutions (model RS-125) scintillometer that measures total radioactivity in counts per second (‘cps’) was used to measure the radioactivity of outcrops and boulders and guide the selection of representative rock samples for laboratory analysis.

Significant radioactivity was confirmed in outcrop at targets FA020, up to 20,000 cps (the historic EWA Showing) and FA025, up to 27,000 cps (the historic D Zone Showing area) (Figure 1). In addition, several boulders with elevated radioactivity were discovered, including at targets FA019, close to 7,000 cps and FA033, up to 6,000 cps. Summaries of work done at several targets are presented below. Seventy-four rock samples were collected during the program, and they have been submitted to the Saskatchewan Research Council (SRC) Geoanalytical Laboratory for uranium, associated metals and elements and Rare Earth Element analysis. Assay results are pending.
Brooke Clements, President and CEO of North Shore stated: ‘ We think that Falcon has all the right ingredients to yield a signficant new uranium discovery. It is in the Athabasca Basin region, host to Canada’s only two uranium mines and three development-stage projects. Uranium mineralization has been confirmed on the property, and the past-producing Key Lake Uranium Mine and active Key Lake Mill is nearby. We have identified a number of high priority, drill-ready targets along portions of a prominent EM conductor system that have seen no historic drilling.’

Priority Targets By Zone:

Three priority areas have been established at Falcon, Zones 1, 2 and 3. Within these three areas, 36 uranium targets have been identified (Figure 1). The targets are associated with EM conductor anomalies and have been selected based on the analysis and interpretation of multiple geophysical and geologic datasets.

Zone 1:

Located within Zone 1, the South Priority Area includes the three kilometre (‘km’) long NNE-trending conductor/structural zone where uranium was discovered by North Shore in 2024 in drill holes P03 and P08 (Figure 2). As reported in a North Shore Uranium news release May 16, 2024, at P03, a zone from 196.6 to 209.0 metres (‘m’) included an interpreted brittle fault zone with graphite-rich fault gouge and two samples that returned 345 and 378 ppm U ₃ O ₈ . At P08, a 4.7 m interval between 42.3 and 47.0 m returned 316 ppm U ₃ O ₈ , including one sample with 572 ppm U ₃ O ₈ . Also at P08, a brittle, altered pegmatitic and graphitic fault zone with elevated U ₃ O ₈ values up to 50 ppm was intersected from 102.3 to 105.5 m, the modelled depth of the EM conductor.

Figure 1: Map Showing Falcon Exploration Targets and Priority Zones and Targets Assessed in the Prospecting Program :
https://www.skyharbourltd.com/_resources/images/Map-showing-Falcon-exploration-targets-and-priority-zones-and-targets-assessed-in-the-prospecting-program.jpg

Target FA003 is at the south end of the potential mineralized trend defined by P03 and P08. At FA003, the EM conductor system and an associated magnetic low are disrupted and the system splits, with one arm going to the northeast, the other to the north. In addition, there is a gravity low anomaly which can be an expression of alteration that could be associated with uranium mineralization (Figure 3). The prospecting crew determined that most of the traces of the interpreted EM conductors are covered by muskeg. At the south end of the target zone, weakly radioactive pegmatitic and granitic boulders are present and are associated with an airborne radiometric uranium anomaly.

At target FA005, the conductor is intersected by an interpreted fault. Southwest of this, in an interpreted down-ice direction from the target, the prospecting team identified radioactive boulders within a boulder field. Metasedimentary and granitic boulders had radioactivity readings from 500-3,000 cps (Figure 2). At target FA033, where hole P03 was drilled by North Shore in 2024, a pegmatite boulder that was discovered registered 5,000-6,000 cps.

Approximately two km south of FA003 target FA002 is defined by two strong parallel EM conductors and a parallel magnetic low trend, and it is intersected by an interpreted northwest-trending fault. The conductor/fault intersections are under a lake, but a hill just southeast of the target showed a strong uranium anomaly defined by the 2022 airborne radiometric survey. The crew found several mica-rich stringers of radioactive pegmatite in outcrop in this area.

Figure 2: South Priority Area Showing Targets, EM Interpretation and Interpreted Faults:
https://www.skyharbourltd.com/_resources/images/South-Priority-Area-showing-targets-EM-interpretation-and-interpreted-faults.png

Target FA020, in the central portion of Zone 2 includes the EWA showing. It is centered on a short, isolated, strong northeast-trending, 1.5 km long EM conductor (Figures 1 and 4). Up to 0.492% U ₃ O ₈ and 1,300 ppm lead was encountered in outcrop grab samples within a 10-20 m wide northeast-trending sheared pelitic unit with granitic inliers ([SMDI] 5038). In 2008, JNR Resources drilled seven holes from six sites associated with the EWA showing at the eastern end of the EM conductor. Anomalous uranium, boron, lead, and molybdenum were encountered in structurally disrupted pegmatites; the best result was 0.235% U ₃ O­ ₈ over 0.5 m (within a 3.5 m interval of 0.113% U ₃ O ₈ ) in hole WYL-08-501 (Sask. Mineral Assessment File 74H02-0045).

Figure 3: Target FA003 With Gravity Background, Zone 1:
https://www.skyharbourltd.com/_resources/images/Target-FA003-with-gravity-background-Zone-1-20251010.jpg

The prospecting team located the showing, a radioactive 10 m by 10 m granitic gneiss outcrop characterized by folding, shearing and micro-fracturing with local hematite and clay alteration with readings up to 20,000 cps. North Shore plans to further evaluate the 1.2 km-long conductor system associated with EWA to determine if more drilling may be warranted at different sites along the conductor system or to expand on previous drilling targets.

Figure 4: Target FA020/EWA Showing Area, Zone 2:
https://www.skyharbourltd.com/_resources/images/Target-FA020-EWA-Showing-area-Zone-2-20251010.jpg

Target FA019, which is located at the eastern edge of the Property, is a 700 m long, strong EM conductor that is parallel to, and one km south of the main EM conductor trend at Falcon (Figures 1 and 5). The conductor is terminated at its western end by an interpreted prominent north-south-trending fault zone. The prospecting crew found one radioactive boulder that registered close to 7,000 cps on the scintillometer at this location. The granitic gneiss boulder had a 10 cm wide quartz vein with a mica-rich contact that displayed hematite alteration. The interpreted trace of the conductor roughly corresponds with an east-west-trending boulder train within a stream drainage.

Figure 5: Target FA019:
https://www.skyharbourltd.com/_resources/images/Target-FA019.png

Zone 3 :

Target FA025 includes the D Zone showing and a complex and isolated approximately one km long anomalous EM response defined by variable conductor strength that is, in part, coincident with a magnetic low feature (Figure 6). The D Zone showing was discovered in 1978 by field inspection of an anomaly identified from an EM survey flown by AGIP in 1978 that was interpreted to be a graphitic conductor. The D Zone showing and associated work programs are described in [SMDI 2455] and Saskatchewan Assessment files 74A14-0034 and 74A14-0035. The showing is described as a uraniferous vein with associated molybdenite and pyrite; a breccia zone was also sampled. The best sample returned 1.26% U and 0.8% Mo. AGIP reported four additional samples from the D Zone area with greater than 1000 ppm (.1%) U.  In 1978, a lake sediment sample collected from a small lake 800 m northwest of the D Showing returned 38 ppm U (Figure 6). In 1980 three shallow holes with a cumulative depth of 350 m were drilled by AGIP. One metre sample intervals in zones of anomalous radioactivity in core from two drill holes were analyzed. One of the intervals returned 54 ppm U, the other 36 ppm. Minor hematite, chlorite and kaolinite alteration was encountered throughout the core.

In 2022, a North Shore crew identified elevated radioactivity in one outcrop area coincident with the mapped D Zone location, but the vein was not located. The 2025 prospecting crew traversed much of the target area but was unable to locate the uriniferous vein, it is likely covered by vegetation. The crew did locate two radioactive pegmatite dykes approximately 700 m apart (Figure 6). At the first site, located approximately 500 m north of the target zone and just west of the powerline along the lakeshore, the crew located a pegmatite dyke that was discovered by AGIP in 1978. The 10 m wide, 30 m long coarse-grained dyke exhibited local hematite alteration and background radioactivity readings of 10,000 to 27,000 cps. The eastern coarse-grained pegmatite dyke was approximately 5 m wide and 20 m long, background radioactivity levels of the outcrop ranged from 3,500 to 5,000 cps. North Shore intends to integrate the EM conductor models at FA025 with shallow historic drilling and geologic mapping data and consider the drilling of additional and deeper holes. Overall, the isolated EM conductor on land that is coincident with a magnetic low response and proximal to a known uranium showing is a highly prospective target.

Figure 6: Summary Of FA025 Area:
https://www.skyharbourltd.com/_resources/images/Summary-of-FA025-Area.jpg

Next Steps:

In an effort to make a significant new uranium discovery, North Shore is integrating information from the prospecting program with the interpretation of the EM conductors to further evaluate and prioritize targets shown in Figure 1 for potential future drilling programs.

Falcon Uranium Project:

The Falcon Project, which constitutes part of North Shore’s Falcon Property, contains eleven mineral claims comprising approximately 42,908 hectares approximately 50 km east of the Key Lake mine. Nine of the claims are from Skyharbour’s original South Falcon Uranium Project and the remaining two claims are from Skyharbour’s Foster River Project. Historical uranium mineralization discovered at Falcon is shallow and is hosted in several geological settings including classic Athabasca-style basement mineralization associated with well-developed EM conductors. At the EWA target, up to 0.492% U ₃ O ₈ and 1,300 ppm lead was encountered in outcrop grab samples (Sask. Mineral Deposits Index [SMDI] 5038). Historical grab sampling at Knob Lake (SMDI 1014) also encountered up to 0.01% U ₃ O ₈ in an outcrop of pegmatite, while anomalous nickel, copper, and molybdenum were found in historical grab samples from the Fraser North target area (SMDI’s 1125 and 1126).

A well-defined northeast-trending, locally folded, electromagnetic conductor system runs throughout the Property, which was defined by airborne and ground geophysical surveys by JNR Resources (‘JNR’) in the 2000’s. In 2008 JNR conducted a drill campaign at the property area. Of the 47 holes drilled that year, 28 holes (totaling 7,348 metres) were drilled on the South Falcon Uranium Property at the Walker (14 holes), Walker South (7 holes), and EWA target areas (6 holes). At the Walker and South Walker targets, which lie along the aforementioned EM conductor system, structurally disrupted and variably altered metasediments (including graphitic pelitic gneisses) with anomalous boron, copper, molybdenum, nickel, cobalt, arsenic, and vanadium were encountered in several drill holes. During this same drill campaign, the Fraser Lakes Zone B uranium deposit was discovered approximately four kilometres east of the Walker South target on a refolded extension of the EM conductor system. At the EWA target, which lies along a separate northeast-trending EM conductor, anomalous uranium, boron, lead, and molybdenum were encountered in structurally disrupted pegmatites; the best result was 0.235% U ₃ O­ ₈ over 0.5 m (within a 3.5 m interval of 0.113% U ₃ O ₈ ) in hole WYL-08-501 (Sask. Mineral Assessment File 74H02-0045).

Furthermore, in 2022, Skyharbour completed a FALCON® airborne gravity gradiometer and magnetic survey over nine of the eleven claims at the Falcon Property. This new geophysical data will assist North Shore in prioritizing areas along the EM conductor system for drilling. Over 30 kilometres of the EM conductor system remains untested on the Falcon Property. North Shore’s initial focus will be on the two claims formerly part of the Foster Project (geophysics), and on generating drill targets on three claims at the southeastern end of the EM conductor systems including Knob Lake, which shows similarities to the Fraser Lakes Zone B deposit approximately 6 km to the northeast and several other high-priority targets elsewhere along the main EM conductor system.

Significant potential exists on the project for basement-hosted, unconformity-related uranium deposits like those further to the north in the Wollaston Domain (i.e. Eagle Point, Rabbit Lake, Key Lake and others), as well as for pegmatite/granite-hosted (i.e. alaskite-type) U-Th-REE mineralization like at the Fraser Lakes Zone B deposit on Skyharbour’s adjacent South Falcon East Property, currently under option to Tisdale Clean Energy.

The Option Agreement:

North Shore may acquire an initial 80% interest in the Property by issuing common shares of the Resulting Issuer (‘Shares’) having an aggregate value of CAD $1,225,000; making aggregate cash payments of CAD $525,000; and incurring an aggregate of CAD $3,550,000 in exploration expenditures on the Property over a three-year period. Once North Shore has earned an initial 80% interest in the Property, North Shore may acquire the remaining 20% interest in the Property within 90 business days by issuing Shares having a value of CAD $5,000,000, and making a cash payment of CAD $5,000,000 to Skyharbour. If North Shore does not elect to acquire the remaining 20% interest, a joint venture will be formed with Skyharbour holding a 20% participating interest.

North Shore will be the operator of the exploration programs during the earn-in stage and for the joint venture if formed. Two claims totaling 10,673 hectares that form part of Skyharbour’s Foster River Property are subject to a one percent (1%) NSR royalty payable to Skyharbour. The remaining nine claims totaling 32,235 hectares that comprise Skyharbour’s South Falcon Point Property are subject to a two percent (2%) NSR royalty payable to Denison Mines Corp. (‘Denison’) with North Shore having the right to purchase one percent of the royalty from Denison at anytime by paying $1 million.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Serdar Donmez, P.Geo., VP of Exploration for Skyharbour as well as a Qualified Person.

About North Shore Uranium Ltd:

North Shore is a mineral exploration company focused on uranium exploration at the eastern margin of the Athabasca Basin through its Falcon property which will increase from 12,800 to 55,700 hectares with the addition of the claims subject to the Agreement, and the West Bear property located 90 kilometres to the northeast.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-seven projects covering over 616,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is operator with joint-venture partner RTEC. The project hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project.

In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
https://skyharbourltd.com/_resources/news/SKY_SaskProject_Locator_2025_07_16_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’

Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

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(TheNewswire)

Vancouver, Canada, October 14, 2025 TheNewswire – Spartan Metals Corp. (‘ Spartan ‘ or the ‘ Company ‘) (TSX-V: W) is pleased to announce the appointment of Rebecca Ball as Vice President of Exploration. Ms. Ball has over 10 years of exploration and operations experience covering critical minerals, base and precious metals in diverse geographies and jurisdictions. She has significant expertise in greenfield geological model definition and exploration targeting. Ms. Ball has led the development of McDermitt Lithium stratigraphy and geological models resulting significant expansion of its mineral resource.

Brett Marsh, Spartan’s CEO comments, ‘Having worked with Rebecca for several years, I know her strong technical ability and passion will help drive our upcoming exploration programs as we advance our 100%-owned flagship Eagle tungsten-rubidium project. The Eagle Project has the potential to be a significant source of tungsten and rubidium for the United States and Rebecca is the perfect fit to help Spartan realize that potential.’

Investor Relation Agreements

The Company announces that is has engaged Triomphe Holdings Ltd., doing business as Capital Analytica (‘ Capital Analytica ‘), an arm’s-length service provider, to provide certain marketing and social media services to the Company (the ‘ Services ‘), in accordance with the policies of the TSX Venture Exchange (‘ TSXV ‘) and applicable securities laws. Based in Nanaimo, British Columbia, Capital Analytica specializes in marketing, social media, and public awareness within the mining and metals sector. Under a consulting services agreement dated October 14, 2025 (the ‘ Agreement ‘), Capital Analytica will provide social media services, capital markets consultation, and social engagement reporting for an initial six-month term for a fee of CAD $150,000, payable in two tranches with an option to renew the Agreement for an additional six months at a rate of CAD $75,000 unless terminated earlier in accordance with the terms of the Agreement. The engagement remains subject to the approval of TSXV. Capital Analytica has no direct or indirect interest in the Company or its securities and has no current intention or right to acquire any such interest during the engagement, other than the potential grant of stock options in the future.

Spartan also announces that, subject to regulatory approval, has signed on October 9, 2025 and effective that date, an agreement to engage the services of Connect 4 Marketing Ltd. (‘ Connect 4 ‘) to provide digital marketing and consultancy services to grow investor awareness and social media followers of the Company using a blend of social media management, content creation, videography and online advertising, for a one-time fee of $5,100 plus $4,000 per month for an initial 6-month term with month-to-month thereafter. Connect 4 is at arm’s length to Spartan, has no relationship with the Company except under this contract of services and no ownership interest in the Company. Connect 4 was founded by Louis-Carlos Vargas Rocheleau, (who owns 100%) in September 2022 and is registered in Brossard, Quebec at 5505 Boulevard Du Quartier, 702, J4Z 0R9.  Connect 4 operates from 407 McGill St bureau 501, Montreal, Quebec, H2Y 2G3.

About Spartan Metals Corp.

Spartan Metals is focused on developing critical minerals projects in top-tier mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of the highest-grade historic tungsten resource in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: high-grade rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com

On behalf of the Board of Spartan

‘Brett Marsh’

President, CEO & Director

Further Information:

Brett Marsh, M.Sc., MBA, CPG

President, CEO & Director

1-888-535-0325

info@spartanmetals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release

Forward Looking Statements

This news release contains statements that constitute ‘forward-looking statements.’ Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects,’ ‘plans,’ ‘anticipates,’ ‘believes,’ ‘intends,’ ‘estimates,’ ‘projects,’ ‘potential’ and similar expressions, or that events or conditions ‘will,’ ‘would,’ ‘may,’ ‘could’ or ‘should’ occur. Forward-Looking Information in this news release, Spartan has applied several material assumptions, including, but not limited to, assumptions that: the current objectives concerning the Company’s projects can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner.

Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; the ability of the Company to obtain and retain all applicable regulatory and other approvals and other assumptions, risks and uncertainties.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Copyright (c) 2025 TheNewswire – All rights reserved.

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Westport Fuel Systems Inc. (‘Westport’) (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, announced today that Cespira, Westport’s joint venture with the Volvo Group, has signed an agreement with and received full payment from a leading OEM for Cespira’s HPDI TM components to be utilized in a customer truck trial.

Cespira will deliver several hundred sets of a key component in support of the trial. The truck trial is designed to assess the market interest and viability of the direct injection system in certain heavy-duty trucking markets and is expected to form the basis upon which the OEM will determine whether to make a further investment to commercialize this system. It is also important to note that some of the other system components not supplied by Cespira and used during the trial have not been validated by Cespira. Further information regarding the trial is not disclosed for commercially sensitive reasons.

About Westport Fuel Systems
Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.

Our proven technologies support a wide range of clean fuels – including natural gas, renewable natural gas, and hydrogen – empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals—without compromising performance or cost-efficiency – making clean, scalable transport solutions a reality.

Westport Fuel Systems is headquartered in Vancouver, Canada. For more information, visit www.Westport.com.

Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements, including statements regarding the joint venture (‘JV’) between Westport and the Volvo Group, the JV’s delivery of several hundred sets of a key component for the customer truck trial, the trial’s objective to assess market interest and viability of the direct injection system in the heavy-duty trucking sector, and the potential for further investment to commercialize the system, the performance and competitiveness of Westport’s products and Westport’s ability to help our partners achieve sustainability goals. These statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties and are based on both the views of management and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activities, performance or achievements expressed in or implied by these forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, those related to the delivery and performance of the JV system during the trial, the market’s response to the system, the unvalidated nature of certain other system components not supplied by the JV, potential regulatory hurdles, customer demand, and other factors that could impact the heavy-duty truck sector or the JV’s operations, including the general economy, governmental policies and regulation, technology innovations, new environmental regulations, the acceptance of and shift to natural gas vehicles, the relaxation or waiver of fuel emission standards, the inability of fleets to access capital or government funding to purchase natural gas vehicles, the development of competing technologies, our ability to adequately develop and deploy our technology, the actions and determinations of our joint venture and development partners, as well as other risk factors and assumptions that may affect our actual results, performance or achievements or financial position discussed in our most recent Annual Information Form and other filings with securities regulators. Readers should not place undue reliance on any such forward-looking statements, which speak only as of the date they were made. We disclaim any obligation to publicly update or revise such statements to reflect any change in our expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in these forward-looking statements except as required by National Instrument 51-102. The contents of any website, RSS feed or twitter account referenced in this press release are not incorporated by reference herein.

Contact Information
Investor Relations
Westport Fuel Systems
T: +1 604-718-2046

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Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that the Board of Directors has appointed Patrick Evans as an Independent Director and Chairman of the Board.

Mr. Evans brings over 25 years of senior mining executive leadership experience, specializing in mergers and acquisitions, capital markets, and the development of world-class assets across four continents. He currently serves as Chairman of Pan Global Resources Inc.

Mr. Evans’s career includes leading multiple public companies to successful exits and significant value creation. He previously served as CEO of Dominion Diamond Mines and Mountain Province Diamonds Inc. He led the sale of several companies, including Norsemont Mining Inc. (acquired by Hudbay Minerals), Weda Bay Minerals Inc. (acquired by Eramet S.A.), and Southern Platinum (acquired by Lonmin PLC).

Mr. Evans holds degrees in arts and science from the University of Cape Town and previously served as South Africa’s Consul-General to Canada (1994–1998). His industry leadership has been recognized with both the Prospectors & Developers Association of Canada’s Viola R. MacMillan Award and the Association for Mineral Exploration’s Hugo Dummett Award .

The Board is confident that Mr. Evans’s proven track record in mergers, acquisitions, capital markets, and advancing complex multinational operations will directly support Forte as it develops its copper and gold projects in Peru. His appointment significantly enhances the Board’s independence and corporate governance oversight.

As the Independent Chairman, Mr. Evans will oversee Forte’s Board and ensure that management decisions align with the interests of shareholders and the Company’s long-term strategic objectives.

Patrick Elliott , President and CEO of Forte, stated, ‘ The appointment of Patrick Evans represents a transformational addition to Forte Minerals’ Board of Directors. As one of the most accomplished executives in the global mining industry, Mr. Evans brings a distinguished record of leading high-growth companies through major transactions, capital market success, and the development of tier-one mineral assets. His strategic insight and leadership will be instrumental as Forte advances its high-quality copper and gold portfolio in Peru and continues to unlock substantial long-term value for shareholders ‘.

Mr. Evans added, ‘Forte Minerals has built an exceptional portfolio of exploration projects in one of the world’s premier mining jurisdictions. I am excited to collaborate with the Board and management team to unlock the full potential of these assets and drive meaningful growth and value creation for all stakeholders.’

Forte Minerals would also like to extend its sincere gratitude to Mr. Doug Turnbull, P.Geo., who has resigned from the Board of Directors. Mr. Turnbull has served as an Independent Director and Chair of the Compensation Committee since 2010.

Over his fourteen years of dedicated service, Mr. Turnbull has been an integral part of Forte’s growth and governance, bringing more than 30 years of global exploration experience and thoughtful leadership to the Board. His geological expertise and steady guidance have helped shape the Company’s strategic direction from its early stages to its current milestones.

Mr. Turnbull is stepping down on excellent terms to pursue a new opportunity with VBKOM, an engineering company based in South Africa.

The Board and management wish to thank him for his longstanding commitment, professionalism, and contribution to Forte’s success, and wish him continued achievement in his new role.

Corporate Update: Option Grants

In connection with his appointment to the Board of Directors and as Independent Chair of the Company, Mr. Patrick Evans was granted 500,000 stock options. Each option is exercisable for 5 years to acquire one common share of the Company at a price of C$0.78 per share, consistent with the exercise price granted to other directors in recent stock option issuances.

The Company also granted an aggregate of 2,250,000 stock options to directors, officers, and consultants pursuant to its existing stock option plan.

In total, 2,750,000 stock options were granted. All Options are exercisable at $0.78 per share for a period of five years, subject to the terms of the plan and applicable regulatory approvals.

ABOUT Forte Minerals CORP.

Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (Cu) and gold (Au) assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.

On behalf of Forte Minerals CORP.

(signed) ‘ Patrick Elliott’
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive Officer

Forte Minerals Corp.
info@forteminerals.co m
www.forteminerals.com

For further information, please contact:
Investor Inquiries
Kevin Guichon, IR & Capital Markets
E: kguichon@forteminerals.com
C: (604) 612-9976

Media Contact
Anna Dalaire, VP Corporate Development
E: adalaire@forteminerals.com
T: (604) 983-8847

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Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d4b54275-2dff-445f-bc54-06bb0775c8e5

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This post appeared first on investingnews.com

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Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announces the appointment of Major General (Ret.) Peter J. Lambert to its Advisory Board. Peter brings more than three decades of leadership in intelligence, defense and advanced technology integration, combining a distinguished U.S. Air Force career with senior executive experience in the private sector most notably with General Dynamics Information Technology (‘GDIT’), one of America’s leading defense and technology companies.

HIGHLIGHTS

– Major General (Ret.) Peter J. Lambert appointed to the Locksley Advisory Board, + 30 years leadership in U.S. intelligence, defense and advanced technology integration

– Former Assistant Deputy Chief of Staff for Intelligence, Surveillance and Reconnaissance (‘ISR’) at U.S. Air Force Headquarters

– Senior executive at General Dynamics Information Technology, a leading U.S. defense and aerospace technology company

– Appointment aligns with Locksley’s 100% American mine-to-market vision, leveraging defense grade systems integration, operational intelligence, and secure supply-chain development

– Strengthens Locksley’s leadership in the U.S. race to secure domestic supplies of rare earths and antimony, positioning the Company at the forefront of America’s drive for critical minerals independence

– Advisory focus, strategic capability development, U.S. government and defense engagement and strategic foresight for market and policy resilience

Strategic Appointment of Peter J. Lambert to Advance U.S Critical Minerals Independence

Major General (Ret.) Peter J. Lambert brings more than 30 years of leadership across U.S. intelligence, surveillance, reconnaissance (ISR), and national security operations to the Locksley Advisory Board.

A retired U.S Air Force Major General, Peter served as Assistant Deputy Chief of Staff for Intelligence, Surveillance and Reconnaissance at U.S. Air Force Headquarters, overseeing ISR capabilities across the Air Force and coordinating with U.S. intelligence agencies to enhance mission readiness and strategic insight.

Following his distinguished military service, Peter joined GDIT, where he contributed to the advancement of secure communication, data integration, and intelligence technologies supporting national defence and aerospace innovation. His work at GDIT focuses on aligning complex technical systems with operational needs, experience that directly parallels Locksley’s vision of integrating exploration, processing, and market delivery into one cohesive Mine-to-Market strategy.

Over his career, Peter has held senior appointments with the Defense Intelligence Agency (DIA), National Security Agency (NSA), and The Joint Staff, developing expertise in system integration, organisational transformation, and multi-domain coordination. He holds a Master’s degree in National Security Affairs, a Bachelor of Arts in International Studies and has completed advanced studies in joint command, cyber operations, and strategic foresight. Additionally, he served as a National Defense Fellow at the Atlantic Council of the United States, in Washington, D.C.

Defense Grade Experience to Support Mine-to-Market Execution

Peter Lambert’s appointment brings unique defence grade strategic and operational expertise to Locksley’s mission of developing a vertically integrated, 100% American mineto-market critical minerals business. His experience will be leveraged in several key areas:

1 – Advanced Systems Integration & Intelligence Driven Decision-Making

Drawing on his work at GDIT and the U.S. Air Force, Peter will advise on intelligence based frameworks that enhance operational visibility, project planning, and risk assessment from mine development to market delivery.

His approach to integrating complex systems will help Locksley executives establish bestin-class governance and real-time data flow between exploration, processing, logistics, and customer engagement.

2 – Strategic Capability Development & Organisational Design

As Locksley transitions from exploration to production and downstream operations, Peter’s experience leading large, technically complex organisations will help guide structure, resource planning, and leadership alignment across all workstreams.

3 – Government, Defence, and Industry Engagement

Peter’s extensive network in the U.S. defense national security and defence sectors will support Locksley’s engagement with key government and strategic partners particularly in the context of critical minerals supply chain resilience and domestic industrial capability.

4 – Strategic Foresight & Risk Intelligence

Peter’s background in ISR and scenario planning equips him to help Locksley anticipate market, policy, and geopolitical shifts, ensuring the company remains adaptive and future ready as demand for antimony and rare earth elements accelerates.

Kerrie Matthews Locksley Chief Executive Officer commented;

‘Peter’s appointment to the Locksley Advisory Board, comes at a pivotal time for the United States as the nation seeks to secure and strengthen its domestic supply of critical minerals.

His exceptional background spanning military intelligence, defence industry leadership, and strategic operations will bring immense value to Locksley as we advance our Mojave Project and broader North American expansion strategy.

Peter’s experience will provide strong stewardship as we continue building a secure, technologically advanced mine-to-market supply chain that aligns with U.S. strategic objectives for critical minerals independence. We are delighted to welcome Peter to the Locksley Advisory Board and look forward to his guidance as we continue to unlock value and deliver on our mission.’

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

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