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Altius Minerals to Expand Portfolio with C$520 Million Lithium Royalty Deal

Altius Minerals (TSX:ALS,OTCQX:ATUSF) is making a bet on a lithium market recovery, agreeing to acquire Lithium Royalty (TSX:LIRC) in a C$520 million deal that will expand its exposure to battery metals.

Under a definitive agreement announced by the two companies on Monday (December 22), Altius plans to purchase all of the issued common and convertible common shares of Lithium Royalty for C$9.50 each.

The amount will be paid as either C$9.50 in cash or 0.24 of a common Altius share, according to shareholders’ election.

For Altius, the acquisition will allow it to bring a portfolio of 37 lithium royalties into its fold. None of them involve streams, and they span projects from production through early exploration.

Four of the royalties are tied to producing assets, three of which were commissioned in 2025 and are currently ramping up or expanding. Another 12 projects are in advanced stages with completed economic studies, while three to five additional assets are targeting startup between 2026 and 2030.

The company said the portfolio is geographically concentrated in lower-risk jurisdictions, with most assets located in Canada, Australia and South America, and diversified across both brine-based and hard-rock lithium production.

At the current spot price, Altius expects the acquired royalties to contribute between US$29 million and US$43.7 million in annual revenue by the end of the decade. Lithium carbonate equivalent prices fell to multi-year lows in 2025, holding below US$9,000 per metric ton for most of the year, even as demand continues to expand beyond electric vehicles.

Altius said global lithium demand is expected to exceed 1.5 million metric tons of lithium carbonate equivalent in 2025, with supply deficits potentially re-emerging as early as 2026 after years of oversupply.

Altius Chief Executive Brian Dalton said lithium has “emerged as a mainstream scale mined commodity,” and described the acquired portfolio as featuring “very long resource lives,” strong cost positioning and low jurisdictional risk.

A special shareholders’ meeting is scheduled to happen no later than March 10, 2026.

If approved, the deal is expected to close in the first quarter of 2026, after which Lithium Royalty shares will be delisted and the company will cease to be a reporting issuer in Canada.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Craig Hemke: Silver, Gold’s “Outstanding” Year — Will 2026 Bring a Repeat?

Craig Hemke, publisher of TFMetalsReport.com, shares his thoughts on the gold and silver markets heading into 2026, outlining why he remains bullish.

‘Just keep adding some — it’s your protection against the madness. It’ll get you through the storm,’ he said. ‘It preserves your net worth from the destruction of these bankers and politicians.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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DOJ discovers more than 1M potential Epstein records, further delaying file release

The Department of Justice said Wednesday it may have more than a million more documents related to the late Jeffrey Epstein that it needs to review and that the process could take weeks to complete.

The DOJ said two of its components, the FBI and the U.S. Attorney’s Office for the Southern District of New York, had just handed over the missing tranche of files, days after the Epstein Files Transparency Act deadline had passed.

‘We have lawyers working around the clock to review and make the legally required redactions to protect victims, and we will release the documents as soon as possible,’ the DOJ wrote in a statement on social media.

The ‘mass volume of material’ could ‘take a few more weeks’ to review, the DOJ said.

‘The Department will continue to fully comply with federal law and President Trump’s direction to release the files,’ the department wrote.

The DOJ has been sharing on a public website since Friday tens of thousands of pages of files related to Epstein’s and Ghislaine Maxwell’s sex-trafficking cases as part of its obligation under the transparency bill. 

President Donald Trump signed the bill into law Nov. 19, giving the DOJ 30 days to review and release all unclassified material related to the cases.

The file rollout has stirred controversy as critics have blasted the DOJ for what they say are excessive redactions and the law’s lapsed deadline Friday. Initially, the DOJ said it would miss the deadline by a couple of weeks, but Wednesday’s announcement signals that might extend further into the new year than the administration had anticipated.

Deputy Attorney General Todd Blanche said on ‘Meet the Press’ Sunday there was ‘well-settled law’ that supported the DOJ missing the bill’s deadline because of a need to meet other legal requirements, like redacting victim-identifying information.

The transparency bill required the DOJ to withhold information about victims and material that could jeopardize open investigations or litigation. Officials could also leave out information ‘in the interest of national defense or foreign policy,’ the bill said. 

The bill also explicitly directed the DOJ to keep visible any details that could be damaging to high-profile and politically connected people.

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Here’s how the Cabinet secretaries and their families celebrate the holidays

It’s never a dull moment in Washington during the holiday season — with multiple holiday celebrations at the White House itself for lawmakers and Cabinet secretaries. 

The White House has hosted Christmas parties dating back to 1800 when President John Adams and first lady Abigail Adams hosted several government officials and their families to celebrate on behalf of their granddaughter, Susanna Boylston Adams, according to the White House Historical Association. 

Now, government officials make their rounds to celebrate the season — both in their official capacity serving the government and privately with their families.

For example, Secretary of State Marco Rubio and Treasury Secretary Scott Bessent attended the White House Congressional Ball in December. First lady Melania Trump hosted the annual event at the White House for Republican and Democratic members of Congress.

President Donald Trump indicated that other Cabinet members also attended, claiming that ‘we’ve got them all sort of here’ after singling out Rubio and Bessent. However, he refrained from identifying others because ‘they’re not names that are going to get huge applause from this very substantially Democrat audience.’ 

Secretary of War Pete Hegseth also kicked off the first Christmas worship service at the Pentagon, featuring American evangelist Franklin Graham, and musicians Anne Wilson and Matthew West. 

Additionally, Hegseth’s wife, Jen, hosted a Christmas Tea Party for Gold Star families at the Pentagon. A Gold Star family has experienced the loss of a family member during active-duty military service.

Outside of official events in Washington, the secretaries and their families enjoy their own holiday traditions as well. The White House shared a video on Dec. 13 detailing how the secretaries and their families celebrate, with activities ranging from baking to holding a talent show. 

Jeanette Rubio, who is married to the secretary of state, said their family attends midnight Mass together on Christmas Day. The couple shares four children. 

‘We, as a family, we go to midnight Mass, that’s something that’s very important to us,’ Rubio said in the video. ‘We celebrate it together, because we want to keep what the purpose of Christmas is.’

Allison Lutnick, who is married to Secretary of Commerce Howard Lutnick, said their favorite way to celebrate the holidays is lighting Hanukkah candles with their four children. 

‘My favorite holiday tradition is lighting Hanukkah candles with my children,’ Lutnick said in the video. ‘They’re approaching 30 now, so we don’t do chocolate dreidels or eight nights of gifts anymore though.’ 

Kathryn Burgum, the wife of Secretary of the Interior Doug Burgum, said their family celebrates Christmas by making a Norwegian flatbread called lefse.

‘Our favorite holiday tradition is making lefse,’ Burgum said in the video. ‘And some people don’t have any idea what that is, but that’s actually a Norwegian flatbread that’s a tradition around the holidays.’ 

Cheryl Hines, who is married to Health and Human Services Secretary Robert F. Kennedy Jr., said their family is large, which makes the holiday season extra fun. 

‘We like to have a talent show,’ Hines said in the video. ‘Not everybody is as talented as they wish they were, but that doesn’t stop us from singing at the top of our lungs or doing some crazy dance. We always have a really good time together.’

Lisa Collins, who is married to Secretary of Veterans Affairs Doug Collins, said their family enjoys decorating their Christmas tree with ornaments they’ve collected for nearly 40 years. 

‘Our favorite holiday tradition is collecting Christmas ornaments, everywhere we’ve been in 37 years,’ Collins said in the video. ‘[We] have a special tree for those places, and they’re all dated as a remembrance of where we’ve been, and how far we’ve come.’ 

This post appeared first on FOX NEWS
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Biotech Market Forecast: Top Trends for Biotech in 2026

The biotech sector is entering 2026 with a positive outlook, characterized by reasonable valuations, robust oncology momentum and supportive policy tailwinds. This combination is setting the stage for a continued recovery, driven in part by the integration of artificial intelligence (AI).

However, this sectoral resurgence must navigate a tug-of-war between supportive stimulus and structural risks, which have the potential to challenge the pace of recovery.

Biotech sector rebounding after US uncertainty

According to Song, biotech has rebounded since its lows in April of this year.

Company valuations are trading at a 15 percent discount to broader markets on forward price-to-earnings, with secular demand intact for oncology, obesity and chronic diseases. In Song’s view, the biotech industry’s rebound stems from reduced uncertainty under the administration of US President Donald Trump.

Song added that valuations across healthcare are reasonable, noting rotational flows from cooling AI hype.

“I can’t deny that there have been some rotational effects that not just biotech has benefited (from), but healthcare in general,’ he commented. “While AI is an important driver in healthcare, to our view, it certainly is not priced in to the largest extent in many pockets of healthcare.”

Key biotech sector catalysts in 2026

Song sees healthcare’s recovery extending into 2026, with oncology remaining the primary growth engine.

He characterized the current sector resurgence as a durable structural shift being fueled by key developments that present tangible investment opportunities, including anticipated positive clinical trial outcomes, such as those for Revolution Medicines’ (NASDAQ:RVMD) pancreatic cancer drug.

“They have a lead drug that blocks an important pathway called RAS … and they could have a potential breakthrough in pancreatic cancer. They’re running a Phase III trial to demonstrate a potential survival benefit. There could be meaningful progress there,” Song noted. A data readout is expected next year.

Outside oncology, Song flagged high-profile biotech catalysts that could broaden the sector’s 2026 rally.

“Non-peptide oral GLP-1s … are clearly going to be an important data set readout and launch that could occur next year,” he explained, citing Eli Lilly’s (NYSE:LLY) orforglipron, a daily pill that hit Phase III success for type 2 diabetes and obesity in 2025. Approval is expected in 2026, and he believes it could be a potential game changer in obesity and chronic disease treatments, an area dominated by biotech innovators.

Song also sees validation ahead for platform technologies.

A dual-track recovery for biotech

While macro analysts see a broad cyclical recovery in 2026, Song predicts that the market will be defined by a dual-track recovery: a diagnostics-led initial public offering (IPO) surge, and a biopharma M&A environment focused on companies with the clinical validation required to alter the current standard of care.

Renaissance Capital predicts a faster pace for biotech IPOs, with a strong pipeline of companies such as Aktis Oncology, a radiopharma diagnostics firm targeting solid tumors, ready to list for US$100 million.

Additionally, AlphaSense forecasts steady M&A flow as companies rebuild their pipelines in the new year, a trend that Song sees as a structural necessity rather than a simple trend. “It’s an important pillar where Big Pharma needs to replenish their pipelines, and they can’t all do it internally,” he explained.

Consequently, he believes the primary “hunting ground” for these deals is mid-cap territory, where acquiring one or two proven drugs can effectively move the needle for a large pharmaceutical giant.

AI in the biotech sector

Song maintained that AI has not reached full valuation in the sector, and its role is expected to grow, with significant future productivity gains predicted in biopharma, drug discovery, clinical development and healthcare delivery.

“We’ve done some preliminary work that that that suggests there could be … productivity gains in areas like biopharmaceuticals and drug discovery and clinical development,” Song explained, adding that these are long-term projections. He sees a more immediate economic impact in how care is managed.

“Since healthcare is a large part of the US and global economy, and growing quickly in terms of healthcare costs, there are also opportunities for efficiency gains, which could lead to margin and consumer gains,” he noted. This revolution in delivery is already a key focus for his firm’s Tema Oncology ETF (NASDAQ:CANC).

However, life science market analyst Anastasia Bystritskaya warned that valuation and productivity are not synonymous, as high-performing models do not automatically become revenue-producing products. For investors, the real inflection point is operational integration rather than operating as a standalone prototype.

Drive for efficiency is expected to take a practical form in 2026 through what Sergey Jakimov, managing partner at longevity and biotech venture capital firm LongeVC, described as the “doctor in your hand.”

This AI companion manages routine, low-complexity tasks between clinic visits.

LongeVC anticipates that this shift to a regulated digital workflow will allow AI to identify meaningful clinical signals continuously without overburdening primary care teams.

This democratization of discovery creates a new competitive landscape for the hunting ground Song described; if AI-enabled teams can dissect complex pathways without a billion-dollar balance sheet, the traditional R&D model of Big Pharma faces a permanent disruption. In this new era, the innovation gap could be filled by agile players who use technology to act with the scale of a giant, but the speed of a startup.

Investor takeaway

Despite sector momentum, headwinds remain, particularly regarding the stability of clinical research funding.

A November report in JAMA Internal Medicine reveals that 383 clinical trials recently had their grants terminated, disrupting progress for over 74,000 participants. Dr. Gary K. Zammit, founder of Clinilabs, warned these reductions in National Institutes of Health funding risk slowing future commercial development of innovative therapies.

Macroeconomic headwinds, including rising tariffs and early labor market weakness, also present a material challenge.

Ultimately, the 2026 biotech outlook balances promising catalysts with the need for strategic capital deployment and a focus on clinically validated platform technologies, ensuring a durable expansion for the sector.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Here’s how the Cabinet Secretaries and their families celebrate the holidays

It’s never a dull moment in Washington during the holiday season — featuring multiple holiday celebrations at the White House itself for lawmakers and Cabinet secretaries. 

The White House has hosted Christmas parties dating back to 1800 when then-President John Adams and then-first lady Abigail Adams hosted several government officials and their families to celebrate on behalf of their granddaughter, Susanna Boylston Adams, according to the White House Historical Association. 

Now, government officials make their rounds to celebrate the season — both in their official capacity serving the government and privately with their families.

For example, Secretary of State Marco Rubio and Secretary of the Treasury Scott Bessent attended the White House Congressional Ball in December. First lady Melania Trump hosted the annual event at the White House for Republican and Democratic members of Congress.

President Donald Trump also indicated that other Cabinet members also attended, claiming that ‘we’ve got them all sort of here’ after singling out Rubio and Bessent. However, he refrained from identifying others because ‘they’re not names that are going to get huge applause from this very substantially Democrat audience.’ 

Secretary of War Pete Hegseth also kicked off the first-ever Christmas worship service at the Pentagon, featuring American evangelist Franklin Graham, and musicians Anne Wilson and Matthew West. 

Additionally, Hegseth’s wife, Jen, hosted a Christmas Tea Party for Gold Star families at the Pentagon. A Gold Star Family is the family of a service member who died during active-duty military service.

Outside of official holiday events in Washington, the secretaries and their families enjoy their own holiday traditions as well. The White House shared a video Dec. 13 detailing how the secretaries and their families celebrate the holidays, with activities ranging from baking to holding a talent show. 

Jeanette Rubio, who is married to Secretary of State Rubio, said that their family attends midnight Mass together during Christmas. The couple shares four children together. 

‘We, as a family, we go to midnight Mass, that’s something that’s very important to us,’ Rubio said in the video. ‘We celebrate it together, because we want to keep what the purpose of Christmas is.’

Allison Lutnick, who is married to Secretary of Commerce Howard Lutnick, said that their favorite way to celebrate the holidays is lighting Hanukkah candles with their four children. 

‘My favorite holiday tradition is lighting Hanukkah candles with my children,’ Lutnick said in the video. ‘They’re approaching 30 now, so we don’t do chocolate dreidels or eight nights of gifts anymore though.’ 

Kathryn Burgum, the wife of Secretary of the Interior Doug Burgum, said that their family celebrates Christmas by making a Norwegian flatbread called lefse.

‘Our favorite holiday tradition is making lefse,’ Burgum said in the video. ‘And some people don’t have any idea what that is, but that’s actually a Norwegian flatbread that’s a tradition around the holidays.’ 

Cheryl Hines, who is married to Health and Human Services Secretary Robert F. Kennedy Jr., said that their family is large, which makes the holiday season extra fun. 

‘We like to have a talent show,’ Hines said in the video. ‘Not everybody is as talented as they wish they were, but that doesn’t stop us from singing at the top of our lungs or doing some crazy dance. We always have a really good time together.’

Lisa Collins, who is married to Secretary of Veterans Affairs Doug Collins, said their family enjoys decorating their Christmas tree with ornaments they’ve collected for nearly 40 years. 

‘Our favorite holiday tradition is collecting Christmas ornaments, everywhere we’ve been in 37 years,’ Collins said in the video. We ‘have a special tree for those places, and they’re all dated as a remembrance of where we’ve been, and how far we’ve come.’ 

This post appeared first on FOX NEWS
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Silverco Confirms No Material Change

Silverco Mining Ltd. (TSXV: SICO) (‘Silverco’ or the ‘Company’) announces that at the request of CIRO, Silverco wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

About Silverco Mining Ltd.

The Company owns a 100% interest in the 11,665-hectare Cusi Project located in Chihuahua State, Mexico (the ‘Cusi Property’). It lies within the prolific Sierra Madre Occidental gold-silver belt. There is an existing 1,200 ton per day mill with tailings capacity at the Cusi Property.

The Cusi Property is a past-producing underground silver-lead-zinc-gold project approximately 135 kilometres west of Chihuahua City. The Cusi Property boasts excellent infrastructure, including paved highway access and connection to the national power grid.

The Cusi Property hosts multiple historical Ag-Au-Pb-Zn producing mines each developed along multiple vein structures. The Cusi Property hosts several significant exploration targets, including the extension of a newly identified downthrown mineralized geological block and additional potential through claim consolidation.

On Behalf of the Board of Directors,

‘Mark Ayranto’

Mark Ayranto, President & CEO
Phone: 778-888-4010
Email: mayranto@silvercomining.com

For further information, please contact:

Investor relations & Communications
Email: info@silvercomining.com
www.silvercomining.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 release.

Cautionary Statement and Forward-Looking Information

This news release contains ‘forward-looking statements’ and ‘forward-looking information’ (together, ‘forward-looking statements’) within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or the Company’s future performance and are generally identified by words such as ‘anticipate’, ‘believe’, ‘continue’, ‘could’, ‘estimate’, ‘expect’, ‘forecast’, ‘goal’, ‘intend’, ‘may’, ‘objective’, ‘outlook’, ‘plan’, ‘potential’, ‘priority’, ‘schedule’, ‘seek’, ‘should’, ‘target’, ‘will’, and similar expressions (including negative and grammatical variations).

These forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date of this release, are inherently subject to significant business, technical, economic and competitive uncertainties and contingencies. Key assumptions include: timely receipt of permits and approvals necessary for planned work; access to surface rights and community support; no material adverse changes to general business, economic, market and political conditions; commodity price and foreign exchange assumptions; inflation and input costs remaining within expectations; and the Company’s ability to secure additional financing on acceptable terms when required.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. Such factors include, without limitation: exploration, development and operating risks (including drilling, sampling, assaying, interpretation and modeling uncertainties; variability of mineralization; representativity of samples; true-width estimation; metallurgical variability; water management; geotechnical and ground conditions); risks inherent in estimating or converting mineral resources; the absence of current mineral reserves at the Cusi Property; that AgEq is a reporting metric only and does not imply economic recoverability; permitting, licensing and regulatory risks in Mexico (including changes in mining, environmental, labour, water, land access and related regimes); community relations, social licence and stakeholder engagement risks; title, surface rights, access and environmental liability risks; health, safety and security risks; commodity price and FX volatility (silver, gold, lead, zinc; MXN/CAD/USD); cost inflation, supply-chain disruptions and contractor availability; political and macroeconomic instability; financing and liquidity risks (including the availability and terms of debt and/or equity); TSX Venture Exchange and other regulatory approvals; counterparty risks; limitations and uncertainties relating to historical data and third-party reports (including the risk that historical results cannot be verified to NI 43-101 standards); force majeure events; litigation and enforcement risks; and those additional risks set out in the Company’s public disclosure filings available on SEDAR+ at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The purpose of forward-looking statements is to provide readers with information about management’s current expectations and plans and may not be appropriate for other purposes. No assurance can be given that such statements will prove to be accurate; actual results and future events could differ materially. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable securities laws.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279012

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Steadright Grants Stock Options

(TheNewswire)

Steadright Critical Minerals, Inc.

 

December 24th, 2025 TheNewswire – Muskoka, Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’) Board of Directors has approved an additional 1,200,000 options at 0.28 cents according to the Rolling Stock Option Plan approved by Shareholders at the Annual General Meeting (AGM) on October 29, 2025.

 

The 1,200,000 Options approved is subject to a term of 5 Years expiring on December 23rd, 2030 and has been granted for Directors, Officers and Consultants of the Company as of December 24th, 2025.

  

ABOUT Steadright Critical Minerals INC.

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration projects that can be brought into production within the critical mineral space in the Kingdom of Morocco. Steadright currently has mineral exploration claims known as the RAM project near Port Cartier, Quebec within the Côte-Nord Region, which is accessible by route 138, that is located on an Anorthositic complex that is in a highly prospective geological unit and historically been under explored for Ni, Cu, Co and precious metals.

ON BEHALF OF THE BOARD OF DIRECTORS

 

For further information, please contact:

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

 

Email: enquires@steadright.ca

Tel: 1-905-410-0587

 

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.

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the ‎securities in the United States. The securities 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 state securities laws and ‎may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available

   

Copyright (c) 2025 TheNewswire – All rights reserved.

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Canadian Investment Regulatory Organization Trade Resumption – SICO

Trading resumes in:

Company: Silverco Mining Ltd.

TSX-Venture Symbol: SICO

All Issues: Yes

Resumption (ET): 9:30 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

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CORRECTION: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces $321,917 CEO Investment

Correction: The conversion price was incorrectly reported as .14/share. The correct price is .165/share

Correction: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition and Announces $321,917 CEO Investment

Correction: The conversion price was incorrectly reported as .14/share. The correct price is .165/share

TORONTO, ON / ACCESS Newswire / December 24, 2025 / Nextech3D.ai (CSE:NTAR,OTC:NEXCF)(OTCQX:NEXCF)(FSE:1SS), an AI-first event technology and digital engagement company, is pleased to provide shareholders with an update on its previously announced acquisition of Krafty Labs, a revenue generating AI-driven event engagement and experiential technology company serving global enterprise customers.

Krafty Labs Acquisition Update

The Company is pleased to confirm that the due diligence process has been successfully completed, and the acquisition of Krafty Labs is scheduled to close on January 2, 2026, subject to customary closing conditions including CSE approval.

Krafty Labs brings a highly attractive blue-chip customer base, along with approximately $1.2 million in year-to-date 2025 revenue and gross margins of 72%. Management believes this acquisition meaningfully enhances Nextech3D.ai’s AI-first event platform and expands its reach into higher-value enterprise and association customers.

CEO Convertible Note Investment Demonstrates Strong Alignment

In connection with the Company’s continued execution and growth strategy, Evan Gappelberg, Chief Executive Officer of Nextech3D.ai, has committed to invest $321,917 directly into the Company through an 18-month convertible note bearing 12% annual interest.

Key terms of the CEO investment include:

  • Term: 18 months

  • Conversion Option: At the CEO’s sole discretion, the note may be converted into 2,299,412 common shares at a fixed conversion price of $0.165 per share (correction)

  • Warrants Issued: As compensation, the CEO will receive 2,299,412 common share purchase warrants

  • Warrant Terms:

    • Exercise Price: $0.165 per share

    • Term: 3 years

Mr. Gappelberg will continue to be the Company’s largest shareholder, currently owning 32,757,017 common shares, further reinforcing strong alignment between management and shareholders.

The transaction constitutes a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 on the basis that the transaction does not exceed 25% of the Company’s market capitalization. The transaction is subject to approval of the Canadian Securities Exchange (CSE).

Management believes this insider investment reflects confidence in Nextech3D.ai’s strategy, execution, and long-term growth prospects.

Strengthening an AI-First Event Platform

The combination of Krafty Labs’ enterprise-grade engagement capabilities with Nextech3D.ai’s existing event technology stack is expected to drive increased average contract values, deeper customer relationships, and enhanced monetization opportunities across in-person, virtual, and hybrid events.

Evan Gappelberg, CEO of Nextech3D.ai comments ‘We believe the acquisition of Krafty Labs, combined with my personal investment in the Company, represents a strong vote of confidence in Nextech3D.ai’s direction and execution,’ He continues ‘With due diligence complete and a closing date set, we are focused on integrating Krafty Labs and accelerating growth while continuing to build long-term shareholder value.’

Looking Ahead

With the Krafty Labs acquisition set to close on January 2, 2026, Nextech3D.ai continues to advance its strategy of building a comprehensive, AI-powered event technology platform through disciplined acquisitions, organic growth, and aligned insider investment.

About Nextech3D.ai

Nextech3D.ai is an AI-powered technology company specializing in 3D asset generation, spatial computing, and comprehensive AI Event Solutions for virtual, hybrid, and in-person experiences. Through Map Dynamics, Eventdex, and Krafty Labs, Nextech3D.ai delivers a unified global platform for Google, Microsoft, Netflix, Oracle, Yelp, ZoomInfo, Spotify, Meta conferences, expos, corporate activations, learning programs, and enterprise engagement.

Website: www.Nextech3D.ai
Investor Relations: investors@nextechar.com

For further information, please visit: www.Nextech3D.ai.

Investor Relations: investors@nextechar.com

For more information, visit Nextech3D.ai.

Sign up for Investor News and Info – Click Here

Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)

Forward-Looking Statements
This news release contains ‘forward-looking statements’ within the meaning of applicable securities laws, including statements regarding the proposed acquisition of Krafty Labs, the anticipated timing and consideration, expected benefits and synergies, product integrations, and growth opportunities. Forward-looking statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. There can be no assurance that the proposed transaction will be completed as anticipated or at all. Nextech3D.ai disclaims any obligation to update forward-looking statements except as required by law.

Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws

SOURCE: Nextech3D.ai Corp

View the original press release on ACCESS Newswire

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