Appia Signs Binding Term Sheet to Sell a 45% Interest in Its PCH REE Project, Brazil

Appia Signs Binding Term Sheet to Sell a 45% Interest in Its PCH REE Project, Brazil

Appia Rare Earths & Uranium Corp. (CSE: API,OTC:APAAF) (OTCQB: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that it has signed a binding term sheet dated August 29, 2025 (the "Binding Term Sheet") with Beko Invest Ltd. ("Beko"), Antonio Vitor Junior ("Antonio") and Ultra Rare Earth Inc. ("Ultra") to sell a 45% interest in Appia Brasil Rare Earths Mineracao Ltda (the "Appia Brasil"), the Brazilian company that holds the PCH Project (the "Property") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil, to Ultra.

Tom Drivas, CEO of Appia, stated: "Ultra is a Delaware US corporation established by Regent Advisors LLC and Bermuda based Regent Mercantile Holdings Limited, long-standing investors in the mining sector, for the purpose of funding the acquisition and development of the PCH rare earth deposit. The rationale for ownership of the PCH Project by a US company is to better access more favourable US capital markets for the development of the PCH Project. Appia believes that this Transaction will allow for a significantly better realization of value for Appia's shareholders."

Pursuant to the Binding Term Sheet, Ultra will acquire a 50% interest in Appia Brasil (the "Transaction") on the following terms:

  1. Ultra will acquire a 45% interest in Appia Brasil from Appia and a 5% interest from Antonio for a 50% interest in Appia Brasil with Appia holding a 25% interest and Antonio holding a 25% interest in Appia Brasil.
  2. Ultra will deposit US $6 million into a bank account in Brazil controlled by Appia Brasil.
  3. Ultra will invest US $2 Million into an Appia unit private placement comprising 5,520,000 units priced at $0.50 (Cdn) per unit (based upon a US$ to Cdn$ exchange rate of 1.38) with each unit consisting of one common share, priced at $0.50 (Cdn), and one half a warrant with each full warrant exercisable at $0.70 (Cdn) for 24 months. The funds will be used by Appia for general working capital.
  4. The US $6 million will be used to fund exploration on the Property to the point of a prefeasibility study ("PFS") with Appia and Antonio carried to the PFS stage if reached with the expenditure of US $6 million.
  5. Appia will issue 1 million common shares of Appia to Beko on Closing (as defined below) and will be released from any further obligations under the existing Quotaholders Agreement dated July 20, 2023 among Appia, Beko and Antonio (the "Quotaholders Agreement") including the obligation to issue US $1,250,000 worth of Appia stock to Beko and the obligation to issue 1.5 million common shares of Appia to Beko if a resource estimate of at least 60 million tonnes was prepared in respect of the Property. Beko will grant Appia a right of first refusal in respect of the 1% NSR held on the Property by Beko. If Appia exercises its right of first refusal and acquires the 1% NSR, Ultra will have a right of first refusal with respect to any subsequent sale of the 1% NSR by Appia.
  6. Appia will continue to spend money on the current Auger drilling program on the Property until Closing and will be reimbursed for its expenditures made after signing the Binding Term Sheet and up until Closing out of the US $6 Million after which Ultra will be the operator and obligated to spend the remainder of the US $6 million on exploration on the Property and technical studies and reports in respect of the Property.
  7. The Quotaholders Agreement will be amended to establish a five (5) person technical committee with two representatives from Ultra having 50% of the votes on the Technical Committee and one representative from each of Appia and Antonio each having 25% of the votes on the Technical Committee. Mr. Don Hains, P.Geo, Consulting Geologist, will be the fifth member of the Technical Committee and in the event of a tie vote, will have a vote to break the tie.
  8. Once a PFS has been prepared, Ultra will have the right to acquire a 100% interest in Appia Brasil by issuing a 25% equity interest in Ultra to each of Appia and Antonio. In the event that further funds are required to prepare a PFS, Appia and Antonio have the right to participate pro rata in any financings to maintain their respective 25% interests in Ultra, failing which they will be diluted pro rata. Any subsequent financings by Ultra must be done at no less than a 20% premium to the price at which the shares of Ultra were issued to raise the funds to complete the Transaction.
  9. Appia and Antonio each have the right to appoint one director to the Board of Directors of Ultra.
  10. All of Antonio, Beko and Ultra are arm's length to Appia.

The Transaction is subject to regulatory approval and the completion of definitive agreements including a purchase and sale agreement and an amended Quotaholders Agreement (the "Transaction Agreements"). The Transaction Agreements will be subject to standard representations, warranties, conditions and covenants that are customary for a transaction of this nature. The closing of the Transaction is also conditional upon completion of satisfactory due diligence by Ultra to be completed by September 30, 2025. Ultra shall have until the close of business on October 15, 2025 to deliver notice (the "Closing Notice") to Appia, Antonio and Beko that it intends to close the Transaction. If the Closing Notice is not delivered, then the Binding Term Sheet and any Transaction Agreements shall be terminated and all parties shall be released from any obligations in respect of the Transaction save and except for a breach of the obligation on Appia, Antonio and Beko to deal exclusively with Ultra until the earlier of the execution of the Transaction Agreements and October 31, 2025. The Transaction is scheduled to close on the second business day following the satisfaction or waiver of all conditions precedent in the Transaction Agreements and in any event on or before October 31, 2025 (the "Closing Date").

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project (See June 9th, 2023 Press Release - Click HERE) which is 42,932.24 ha. in size and located within the Goiás State of Brazil. (See January 11th, 2024 Press Release - Click HERE) The Company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 168.5 million common shares outstanding, 207.7 million shares fully diluted.

Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

For more information, visit www.appiareu.com

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (X, Facebook, LinkedIn) please feel free to send direct messages.

To book a one-on-one 30-minute Zoom video call, please click here.

Contact:

Tom Drivas, CEO and Director
(c) (416) 876-3957
(e) tdrivas@appiareu.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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Appia Begins Drilling at the Uranium-Bearing Loranger Property, Wollaston Lake, Saskatchewan, Canada

Appia Begins Drilling at the Uranium-Bearing Loranger Property, Wollaston Lake, Saskatchewan, Canada

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is excited to announce the commencement of its diamond drilling program at the uranium-bearing Loranger property adjacent to the renowned Athabasca Basin. The goal of this program is to target favorable geophysical indicators intersecting the Tabbernor Fault system, with the primary objective of discovering conductors and alteration halos that may lead to uranium mineralization. The program will include up to 1,000 meters of drilling across 3 to 4 drill targets.

Stephen Burega, President of Appia, commented: "With the commencement of the Loranger drill program, Appia reconfirms its commitment to moving our uranium assets in Saskatchewan forward. Following the completion of a successful ground reconnaissance program on our Eastside property last month (see June 5th 2024 Press Release), we now have a drill testing a number of intriguing conductors at the Loranger property aimed at uncovering uranium mineralization and key geological indicators to further our understanding of the project's potential."

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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the details regarding their upcoming diamond drilling program at their Loranger property, SK. Located within the eastern Wollaston Domain, Loranger is situated adjacent to the renowned, uranium-rich Athabasca Basin and holds strong potential for hosting valuable uranium deposits. The focus of this program is to strategically target highlighted NE-SW electromagnetic conductors at depth (Figure 1) using results from the VTEM Plus geophysical survey conducted in 2021 by Geotech Airborne Geophysical Surveys Ltd.

Stephen Burega, President, stated: "We are looking forward to getting our diamond drilling program at Loranger underway. The project is adjacent to the east side of the uranium-rich Athabasca Basin, and this program targets NE-SW electromagnetic conductors identified by the 2021 Resistivity Depth Imaging survey, aiming to uncover significant uranium deposits."

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Appia Earns Initial 10% Legal and Beneficial Interest in the PCH Project

Appia Earns Initial 10% Legal and Beneficial Interest in the PCH Project

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that, further to its press release dated December 4, 2023, Appia has earned its initial 10% legal and beneficial ownership interest in Appia Brasil Rare Earths Mineracao Ltda (the "Appia Brasil") the Brazilian company that holds the PCH Project (the "Property") located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil.

Stephen Burega, President stated, "We have accomplished an amazing amount of work over the past year with a modest budget of $1 million USD. We achieved many milestones including a maiden Mineral Resource Estimate (MRE) on our first two targets, Target IV and Buriti Zone (See press release dated March 1st, 2024); we completed initial desorption testing confirming the ionic clay characterization of the mineralization; and we identified an additional four (4) new highly prospective target zones covering an area of over 2,400 hectares while re-confirming that the regolith developed over the Ipora Granite presents significant enrichment of Heavy Rare Earth Oxides (HREO), indicative of Ionic Adsorption Clay (IAC) rare earth elements (REE) deposits. The impressive HREO results identified across multiple zones of homogeneous mineralization highlights the true potential of the PCH project."

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Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the upcoming Falcon Airborne Gravity Gradiometer (AGG) and Magnetic survey over its Alces Lake property in northern Saskatchewan. This survey, conducted by Xcalibur Multiphysics, aims to provide high-resolution, low-noise subsurface imaging of the Alces Lake lithological units and structure. The data will guide Appia's future exploration efforts, targeting the dense mineralization hosts (i.e. biotite pegmatites, high-grade veins, amphibolites, Fe-Mg-rich paragneisses) of the property's rare earth element (REE) occurrences.

Stephen Burega, President, stated: "I am very excited to announce we are launching a high-resolution Falcon Airborne Gravity Gradiometer and Magnetic survey over high priority areas of our Alces Lake property. This survey will provide critical data to guide our future exploration and identify new rare earth element targets beneath the surface at depths of 200 to 1,000 meters, marking a significant step in our exploration strategy."

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Appia Begins Uranium Exploration Season with Ground Reconnaissance at "Eastside" Project, Saskatchewan, Canada

Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the beginning of their summer uranium exploration season for 2024. To start, Appia recently completed a ground reconnaissance and exploration program for their uranium-bearing Eastside property located in the Peter Lake Domain, east of Wollaston Lake. Appia followed up on several uranium, rare earth element, and platinum group element targets brought to light during the company's Mineral Prospectivity Map Analysis conducted in 2023 (Figure 1). As a result, the company collected:

  • Sixty-three (63) hand samples, five (5) of which read 10,000 - 53,000 counts per second (cps) from two (2) main uranium-bearing pegmatite-hosted mineralization trends, with additional potential for rare earth elements (REE) and platinum group metals (PGM),

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E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce the identification of a new kilometer-scale Rare Earth Element ("REE") soil anomaly located approximately 3.5 kilometers east of Zone 1 at its Eureka REE Project ("Eureka" or the "Project"), located in the Erongo Mining District, central Namibia.

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Allied Critical Metals Expands High Grade Footprint at Borralha Tungsten Project

Allied Critical Metals Expands High Grade Footprint at Borralha Tungsten Project

New Step-Out and Infill Results Build Confidence in Resource Growth and Model Robustness

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) ("Allied" or the "Company"), which is focused on its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal, is pleased to report assay results from two additional Reverse Circulation (RC) drill holes - Bo_RC_21 and Bo_RC_26 - from its ongoing 5,000-metre campaign at the 100%-owned Borralha Tungsten Project in northern Portugal.

These latest results continue to demonstrate the scale and continuity of mineralization at the Santa Helena Breccia (SHB), with intercepts that support both lateral expansion and model refinement.

Highlights:

Bo_RC_21: This drill hole is a west step-out at the North edge of the St. Helena Breccia that confirms continuity of the recently discovered north-dipping lode outside the current MRE envelope, upgrading this area to a large coherent mineralized "in section" corridor with more than 100 m width.

  • 42.0m at 0.19% WO3 (from 256.0 m to 298.0 m), including:
    • 24.0m at 0.28% WO3 (from 256.0 m to 280.0 m)
    • 18.0m at 0.34% WO3 (from 256.0 m to 274.0 m)
    • 8.0m at 0.40% WO3 (from 266.0 m to 274.0 m)
    • 4.0m at 0.62% WO3 (from 266.0 m to 270.0 m)

Bo_RC_26: This drill hole is an infill hole targeting the north-central zone, enhancing confidence in the resource model and suggesting western expansion potential.

  • 26.0m at 0.24% WO3 (from 140.0 m to 166.0 m), including:
    • 12.0m at 0.38% WO3 (from 140.0 m to 152.0 m)
    • 2.0m at 2.02% WO3 (from 140.0 m to 142.0 m)

Drill Program Progress

To date, 3,721 metres of RC drilling have been completed out of the planned 5,728 metres, with multiple assay results already confirming thick mineralized zones and consistent grade distribution. The current campaign is designed to support:

  • The expansion of the Mineral Resource Estimate (MRE), expected in Q4 2025.
  • The development of a robust Preliminary Economic Assessment (PEA).
  • The delineation of potential higher-grade corridors for future mine planning.

Roy Bonnell, CEO and Director of ACM, commented: "With each new intercept, we are seeing our understanding of Borralha evolve and strengthen. Bo_RC_21 confirms mineralization well beyond the current model, while Bo_RC_26 tightens the block model in a key zone. Together, these results support both immediate growth and long-term confidence in Borralha's development potential."

Table 1 - Drill Hole Collar Locations

ID Coordinates (WGS84) Az.(º) Dip .(º) PFD (m) DEPTH (m) Status
Bo_RC_14/25 585445 4611405 109 80 250 264.00 Press Released
Bo_RC_15/25 585347 4611368 109 70 300 255.00 Press Released
Bo_RC_16/25 585406 4611329 105 60 240 251.00 Assay ongoing
Bo_RC_17/25 585426 4611294 109 75 250 255.00 Press Released
Bo_RC_18/25 585461 4611431 109 75 300 241.00 Assay ongoing
Bo_RC_19/25 585470 4611493 109 82 350 248.00 Assay ongoing
Bo_RC_20/25 585541 4611519 109 70 350 237.00 Assay ongoing
Bo_RC_21/25 585481 4611557 109 85 400 370.00 Current Press Release
Bo_RC_22/25 585484 4611552 109 70 360 375.00 Press Released
Bo_RC_23/25 585514 4611588 109 80 - 45.00 Cancelled
Bo_RC_24/25 585514 4611588 0 90 - 42.00 Cancelled
Bo_RC_25/25 585434 4611406 0 90 300 291.00 Assay ongoing
Bo_RC_26/25 585586 4611449 289 60 400 278.00 Current Press Release
Bo_RC_27/25 585464 4611513 0 90 350 251.00 Assay ongoing
Bo_RC_28/25 585576 4611567 290 80 400 318.00 Assay ongoing
Bo_RC_29/25 585449 4611386 109 87 300 - Drilling ongoing
Bo_RC_30/25 585443 4611429 0 90 320 - Drilling ongoing

 

Table 2 - Current Campaign Interval Highlights Update

New ID From (m) To (m) DH length (m) [1] True Width Factor [1] True Width (m) [1] WO3 (%)
Bo_RC_14/25 52.0 64.0 12.0 tbd [2] - 4.27
inc. 52.0 58.0 6.0 " - 8.39
Bo_RC_15/25 164.0 166.0 2.0 0.88 1.8 0.97
Bo_RC_17/25 52.0 152.0 100.0 0.90 89.9 0.21
inc. 92.0 124.0 32.0 0.90 28.8 0.33
inc. 106.0 120.0 14.0 0.90 12.6 0.52
inc. 110.0 116.0 6.0 0.90 5.4 0.74
Bo_RC_21/25 256.0 298.0 42.0 tbd [2] unknown 0.19
inc. 256.0 280.0 24.0 " unknown 0.28
inc. 256.0 274.0 18.0 " unknown 0.34
inc. 266.0 274.0 8.0 " unknown 0.40
inc. 266.0 270.0 4.0 " unknown 0.62
Bo_RC_22/25 284.0 348.0 64.0 tbd [2] unknown 0.12
inc. 316.0 332.0 16.0 " unknown 0.21
Bo_RC_26/25 140.0 166.0 26.0 0.39 10.2 0.24
inc. 140.0 152.0 12.0 0.40 4.7 0.38
inc. 140.0 142.0 2.0 0.40 0.8 2.02

Notes: [1] Reported intervals are downhole lengths. Estimated true widths were calculated from hole orientation and the interpreted geometry of the mineralized corridors. Estimates may vary locally where geometry changes. Where intervals fall outside the resource block-model domains, true widths are not estimated and only downhole lengths are reported. [2] True widths are unknown, to be defined after further MRE update.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/11632/268354_73bff5a8941de85b_001.jpg
Figure 1 - Drill collar plan showing planned holes for the ongoing 5,728 m RC campaign at the Borralha Project. The red outline delineates the main mineralized breccia zone

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11632/268354_73bff5a8941de85b_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/11632/268354_alliedcritical2_550.jpg

Figure 2 - Geological Cross-Section for hole Bo_RC_21/25.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11632/268354_alliedcritical2.jpg

Strategic Context

These results follow recently reported ultra-high-grade and extensive tungsten intercepts, including 12.0 m @ 4.27% WO₃ (Bo_RC_14/25), and 100.0 m @ 0.21% WO₃ (Bo_RC_17/25), confirming a significant system within the Santa Helena Breccia. Allied is working systematically to define both bulk-mineable zones and higher-grade corridors that can support future underground or hybrid extraction scenarios.

Next Steps

Drilling is ongoing, with further results expected in the coming weeks. Step-out holes are targeting both western and northern extensions of SHB, while infill drilling is refining the core resource model. Results will continue to inform the MRE and subsequent economic studies.

In light of the recent new discovery of the very high grade corridor at the west dip of the central area of the Breccia, the Company has adapted the current campaign towards confirming, and potentially expanding upon the recent very high grade intercepts.

Sampling, QA/QC and Analytical Notes

Drilling was completed using reverse-circulation (RC). All sample bags were pre-labelled with a unique internal sequence number used consistently for the assay sample and corresponding reject. Sampling was conducted on 2.0 m intervals for analytics. For each 2.0 m interval, two 1.0 m reject samples were also collected as representative splits. Splitting was performed at the rig via a rotary splitter integral to the RC cyclone.

Sampling followed pre-prepared sample lists that recorded downhole metreage, sequence, and the placement of Certified Reference Materials (CRMs) and field duplicates. CRMs were inserted at a rate of 1 in 20 samples (5%) and field duplicates at 1 in 20 samples (5%), arranged so that every 10th sample alternated between a CRM and a duplicate.

Analytical and reject samples were boxed at the drill site and transported by company personnel to the project core/logging facility. Analytical samples were stored on labelled pallets pending direct shipment to ALS's preparation laboratory in Seville, Spain. Pulps and rejects were subsequently stored securely in the project logging room.

At ALS Seville, samples were crushed to 70% passing 2 mm, riffle-split to ~250 g, and pulverized using hardened steel to 85% passing 75 μm. Pulps were shipped to ALS Loughrea (Ireland) for analysis. The primary analytical method was ME-MS81 (lithium borate fusion with ICP-MS finish). Base metals were also reported using ME-4ACD81 (four-acid digestion with ICP-MS finish). Over-limit tungsten results were re-assayed using W-XRF15b (lithium borate fusion with XRF). Analytical results were delivered directly by ALS to the Company via secure electronic transfer.

Primary disclosure remains the reported grade and interval length (and true width where known).

To the best of the Company's knowledge, no drilling, sampling, recovery, or other factors have been identified that would materially affect the accuracy or reliability of the data referenced herein.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Mr. Vítor Arezes, BSc, MIMMM (QMR) (Membership Nº. 703197, Vice-President Exploration of Allied Critical Metals, who is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Arezes is not independent of Allied Critical Metals Inc. as he is an officer of the Company.

About the Borralha Tungsten Project

Allied's Borralha Tungsten Project is one of the largest and most historically significant past-producing tungsten operations in Western Europe. Located in northern Portugal, Borralha was once the second-largest tungsten mine in the country and supplied strategic materials to European and Allied industries during the 20th century, including both World Wars and the Cold War period.

Today, the project is undergoing a modern revitalization based on a combination of scale, grade, metallurgy, and jurisdictional strength. Mineralization is dominated by coarse-grained wolframite, which is highly desirable in global markets due to its favorable processing characteristics and higher recoveries compared to scheelite-bearing deposits.

Borralha benefits from existing infrastructure, shallow mineralization, and a simple processing route, making it one of the most advanced tungsten development projects in the European Union. These attributes are particularly important in the context of the EU Critical Raw Materials Act (2024/1252) and NATO strategic autonomy initiatives, both of which explicitly identify tungsten as a defense-critical raw material subject to severe supply risk.

With the EU currently dependent on over 80% of its tungsten imports from China, Borralha represents a rare and strategic opportunity to develop a secure, domestic, and NATO-aligned supply source. As Allied continues to advance drilling, resource expansion, and economic studies, Borralha is poised to play a central role in reshaping Europe's tungsten landscape-supporting both decarbonization technologies and defense-industrial resilience.

Understanding Tungsten

To understand tungsten, it is critical to understand the difference between wolframite tungsten mineralization and scheelite tungsten mineralization. Scheelite often reports higher grades but is typically more costly and complex to process, requiring flotation methods with higher capital and operating expenditures and lower recoveries.i In contrast, wolframite can be processed more efficiently using gravity and magnetic separation, resulting in lower costs and higher recoveries, making lower grades economically viable in wolframite deposits. For example, a lower grade wolframite deposit can be more attractive than a slightly higher grade scheelite deposit.ii

It is also important to recognize that China, Russia, and North Korea control approximately 87% of the world's tungsten supply, using cheap labor and minimal environmental standards in authoritarian regimes.iii As a result, production costs and grades in these countries are not comparable to Western projects, which operate under higher labor, ESG, and energy cost structures. Evaluating projects outside these regions provides a realistic benchmark for what grades and intercepts are economically viable while supporting secure, NATO-aligned supply chains.

For Allied, this context is significant. Allied's operations in secure jurisdictions align with Western critical mineral needs, avoiding geopolitical risks associated with China and Russia while positioning the Company to benefit from growing tungsten demand across defense, aerospace, and electrification sectors. Allied's wolframite tungsten mineralization and secure location position it as a strategic and responsible tungsten exploration company, well placed to take advantage of a rising-demand market. iv

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE:0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal with advantageous wolframite tungsten mineralization. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 86% of the total global supply and reserves. Tungsten is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

ON BEHALF OF THE BOARD OF DIRECTORS

"Roy Bonnell"

Roy Bonnell
CEO and Director

For further information or investor relations inquiries, please contact:

Dave Burwell
Vice President, Corporate Development
Email: daveb@alliedcritical.com
Tel: 403-410-7907
Toll Free: 1-888-221-0915

Please visit our website at www.alliedcritical.com.

Also visit us at:
LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc
X: https://x.com/@alliedcritical/
Instagram: https://www.instagram.com/alliedcriticalmetals/

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking statements", including with respect to the use of proceeds. Wherever possible, words such as "may", "would", "could", "should", "will", "anticipate", "believe", "plan", "expect", "intend", "estimate", "potential for" and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company's management for future growth, results of operations, performance and business prospects and opportunities and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company's Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company's profile at www.sedarplus.ca ). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company's mineral projects as described in the Company's Listing Statement, news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's Listing Statement dated April 23, 2025 and news release dated May 16, 2025, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

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Spartan Metals

Spartan Metals Closes Private Placement of $2.25M

Spartan Metals Corp. (“Spartan” or the “Company”) (TSX-V: W) is pleased to announce that in connection with its previously announced non-brokeredprivate placement ( see news release of August 18, 2025) the Company has closed effective September 25, 2025 the private placement and issued 7,500,000 units of the Company (the “ Units ”) at a price of $0.30 per Unit for aggregate gross proceeds of $2,250,000 (the “ Private Placement ”).

Each Unit consists of one common share (a “Share ”) of the Company and one-half of one non-transferable share purchase warrant (each a whole warrant a “Warrant ”). Each Warrant entitles the holder to purchase one additional Share of the Company at a price of $0.45 per share until March 25, 2027.

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West High Yield  Resources Ltd. Announces Exercise of Warrants

West High Yield Resources Ltd. Announces Exercise of Warrants

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY,OTC:WHYRF) (FSE: W0H) (the "Company" or "West High Yield") announces announces the exercise share purchase warrants (the "Warrants") of the Company.

Three holders of Warrants exercised an aggregate of 570,000 Warrants resulting in the issuance of 570,000 common shares of the Company. The specific Warrants held and exercised by the one warrantholder were exercisable at a price of CAD$0.30 per Warrant, resulting in total proceeds to the Company in the amount of CAD$171,000.00 upon such exercise.

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West High Yield  Resources Ltd. Responds to SRRAC Judicial Review Filing and Affirms EAO Decision

West High Yield Resources Ltd. Responds to SRRAC Judicial Review Filing and Affirms EAO Decision

West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY,OTC:WHYRF) (FSE: W0H) (the "Company" or "West High Yield") responds to the unfounded allegations made by the Save Record Ridge Action Committee ("SRRAC") in its recent announcement regarding a judicial review application filed against the British Columbia Environmental Assessment Office's ("EAO") final decision not to designate the Record Ridge Industrial Minerals Project (the "Project") for environmental assessment.

The SRRAC's claims mischaracterize both the nature of the Project and the regulatory oversight process. West High Yield has consistently acted in full compliance with British Columbia's laws, regulatory thresholds, and environmental safeguards. The Company is confident that the EAO decision will withstand the court's review.

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Side view of a military plane with a large American flag painted on the fuselage.

US Antimony Wins US$245 Million Pentagon Deal to Supply Critical Mineral

United States Antimony (NYSEAMERICAN:UAMY) has secured a US$245 million sole-source contract from the US Defense Logistics Agency to supply antimony ingots.

The five year "indefinite delivery indefinite quantity" agreement was finalized after months of negotiations and makes US Antimony the exclusive supplier of antimony ingots to the National Defense Stockpile.

The company confirmed that first deliveries are expected this week. News of the award sent its shares up 17.8 percent in New York trading, boosting its market value to about US$975 million.

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