CRE

MONTRÉAL, QC / ACCESS Newswire / August 24, 2026 / Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to provide assay results and an update on its Phase 2 Summer 2026 exploration program, including 10,000 meters of systematic drilling around the 100% owned Rose West Discovery ("Rose West"), located in Eeyou Istchee, Québec. The program targets the expansion of the mineralized footprint to a potential of approximately 1,250 x 2,000 m and aims to expand the lateral continuity of at least two more mineralized pegmatite bodies within the system. Thus far, drilling has covered the immediate eastern extension of the Main Target, and the program is now focused on exploration drilling along the northern boundary of the defined mineralized zones. Highlights The Phase 2 Summer 2026 drill program continues to deliver positive results demonstrating the successful expansion of the Rose West mineralized footprint by adding an additional 300 x 300 m bloc expanding the lateral footprint of Pegmatite 5, 3 and 2, with thicknesses that continue to range from 10 to 30 m. Pegmatite 5 is now also delivering substantial and laterally continuous intersections in the northern portion of the Main Target Area, part of a stacked and generally flat lying system. This generally flat orientation allows for rapid expansion with relatively short surface drill holes. The geological model continues to prove to be highly effective and predictive. All assay results have been received for the 11 holes previously drilled. An additional 7 holes were drilled since then and are being prepared for assaying. Assay results were received for holes RW-26-36, RW-26-37, RW-26-54, RW-26-55, RW-26-56A and RW-26-57, and returned some significant lithium and tantalum composite assays, as highlighted below: 2.05% Li2O and 221 ppm Ta2O5 over 7.70 m, through Pegmatite 5, in hole RW-26-36 1.46% Li2O and 176 ppm Ta2O5 over 23.35 m (including 2.12% Li2O and 147 ppm Ta2O5 over 6.00 m), through Pegmatite 3, in hole RW-26-36 and 1.32% Li2O and 157 ppm Ta2O5 over 13.25 m, through Pegmatite 5, in hole RW-26-37 0.94% Li2O and 258 ppm Ta2O5 over 22.40 m (including 1.34% Li2O and 193 ppm Ta2O5 over 13.50 m), through Pegmatite 3, in hole RW-26-37 1.08% Li2O and 154 ppm Ta2O5 over 18.70 m (including 2.15% Li2O and 142 ppm Ta2O5 over 6.00 m), through Pegmatite 5, in hole RW-26-57. * Core length; the true thickness is between 80 to 95% of the core length. Located approximately 10 km to the west of the Rose Lithium-Tantalum Project ("Rose"), Rose West is a near surface lithium-rich pegmatite bearing zone, initially intercepted by drilling over a 450 m x 370 m footprint area in the winter of 2024, now covering an overall footprint of 1,250 m x 800 m, (see Press Release dated August 12, 2026), a six-fold increase in surface expression. The lithium-rich pegmatites typically range from 10 to 40 m in thickness and together display a sub-horizontal stacked geometry. Recent drilling has identified three new spodumene-bearing pegmatitic bodies within the target area. The Phase 2 Summer 2026 drill program is designed to further expand this mineralized footprint, and to better define the geometry and extent of the three new mineralized pegmatites intersected during the Winter 2026 Campaign. The Summer 2026 drill program is designed to reach three specific goals: Expand laterally all around the existing mineralized footprint; Infill drilling along Line C, to confirm grade and thickness continuity of the intersected pegmatites; Follow up on both newly discovered mineralized pegmatites (Pegmatites 6 and 7) below the current extent of mineralization. Figure 1: Location map of drillholes from the Winter 2024 and Winter 2026 campaigns and proposed Summer 2026 drillholes. To date, 18 holes were drilled in the NE corner of the Main Target Area for a total of approximately 3,000 meters. Figure 1 above shows the location of these holes, which are designed to intersect all three principal pegmatites, i.e., Pegmatite 5 (new), 3 (Main), and Pegmatite 2. All assay results have been received for the 11 holes previously drilled. The location of the seven recently drilled holes is also presented. Table 1 below presents the collar coordinates, the planned length and the orientation of each of the holes drilled to date. Recently drilled holes are highlighted in grey. Table 1 - 2026 Summer drillhole locations and summary descriptions. The following Table 2 presents the composite assay results received to date. New and updated results presented in the current press release are highlighted in grey. * Core length; the true thickness is between 80 to 95% of the core length. ** - N.S. : No Spodumene. Table 2 - Assay results from the Summer 2026 drill campaign. The following Table 3 presents the intervals of spodumene-rich pegmatites intersected along the other holes drilled during this current campaign. * P.R.: Pending Results. Table 3 - Spodumene-rich pegmatite intervals from the Summer 2026 drill campaign. As previously discussed, the stacked nature of the mineralized system allows for the intersection of multiple pegmatite bodies within a given drillhole (Table 2). While keeping the same "grid-based" systematic approach, not all drillholes are anticipated to intersect each pegmatite. Figures 2 to 4 present plan views of the individual pegmatite zones as defined in the Winter 2026 program, as well as the nature of each intersection through the given zone. Figure 2 is a horizontal plan view on which the projection of Pegmatite 5 is presented. All holes that were drilled on Line G successfully intersected Pegmatite 5. Holes RW-26-58 and RW-26-57 appear to have intersected an offset equivalent of Pegmatite 5; Hole RW-26-57 has returned 1.08% Li2O and 154 ppm Ta2O5 over 18.70 m (including 2.15% Li2O and 145 ppm Ta2O5 over 6.00 m). Figure 3 presents the Pegmatite 3 plan view projection. Most of the holes intersected the Main pegmatite, confirming its continuity across Lines G and H. However, a major fault has also been intersected in holes RW-26-53 and RW-26-55, likely explaining the absence of Pegmatite 3 on Line I in holes RW-26-57 and RW-26-58. As expected, Holes RW-26-36 and RW-26-37 returned Li2O above 1.00% over thicknesses from 23.35 m and 22.40 m respectively, consistent with similar thicknesses encountered throughout the Pegmatite 3 body. Figure 4 presents the Pegmatite 2 longitudinal view. Pegmatite 2 is confirmed to be present towards the central core of the mineralized area and, as predicted by our 3D model, it appears to get cut-off or merge into Pegmatite 3 towards the north. As a result, Pegmatite 2 was only intersected in holes RW-26-35A and RW-26-37. Hole RW-26-37 returned 1.06% Li2O and 87 ppm Ta2O5 over 5.95 m. Figure 2: Pegmatite 5 projection Plan Map - Zone outline and targeted extensions. Figure 3: Pegmatite 3 projection Plan Map - Zone outline and targeted extensions. Figure 4: Pegmatite 2 projection Plan Map - Zone outline and targeted extensions. Quality assurance/quality control Quality assurance and quality control procedures have been implemented to ensure best practices in sampling and analysis of the drill core samples. Standards, duplicate and blanks were regularly inserted into the sample stream. The drill core samples were delivered, in secure tagged bags, to the ALS Minerals laboratory facility in Val-d'Or, Québec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75 μm. All samples are analyzed using sodium peroxide fusion ME-MS-89L, with full analysis for 52 elements. Value over 25,000 ppm Li were re-assays using Li-ICP-82b and value over 2,500 ppm Ta2O5 were re-assays using Ta-XRF10. Qualified Person Kenneth Williamson, Géo, M.Sc.Director of Exploration at Critical Elements, is the Qualified Person that has reviewed and approved the technical contents of this news release on behalf of the Corporation. About Critical Elements Lithium Corporation Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Québec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,016 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation's view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization under the Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Québec Minister of Natural Resources and Forests under the Québec Mining Act. For further information, please contact: Jean-Sébastien Lavallée, P. Géo.Chief Executive [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is described in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary statement concerning forward-looking statements This news release contains "forward-looking information" within the meaning of Canadian Securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "is expected", "scheduled", "targeted", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information contained herein include, without limitation, statements relating to the anticipated receipt of the final assay results from the 2026 drilling program on the Corporation's Rose West property, the results and completion of the 2026 exploration drilling program and its related objectives. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Although Critical Elements has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking information include, but are not limited to: delays in obtaining final assay results from the laboratory facility, the final and complete results of the Corporation's 2026 exploration drilling program on the Corporation's Rose West property not delivering the anticipated results and the effects on the Corporation's stated objectives, as well as those risk factors set out in the Corporation's Management Discussion and Analysis for its most recent quarter ended May 31, 2026 and other disclosure documents available under the Corporation's SEDAR+ profile. Forward-looking information contained herein is made as of the date of this news release and Critical Elements disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Forward-looking information contained herein is made as of the date of this news release. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Corporation undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities law. SOURCE: Critical Elements Lithium Corp. View the original press release on ACCESS Newswire

MONTRÉAL, QC / ACCESS Newswire / August 12, 2026 / Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to provide assay results and an update on its Phase 2 Summer 2026 exploration program, including 10,000 meters of systematic drilling around the 100% owned Rose West Discovery ("Rose West"), located in Eeyou Istchee, Québec. The Corporation has deployed two drill rigs to optimize the duration of the program. The drilling strategy is straightforward: based on our current geological model and interpretation, apply a 100 m grid approach to grow the known mineralized volume from its current boundary outward. The program targets the expansion of the mineralized footprint to a potential of approximately 1,250 x 2,000 m and aims to expand the lateral continuity of at least two (2) more mineralized pegmatite bodies within the system. Highlights The Phase 2 Summer 2026 drill program continues to deliver positive results demonstrating the successful expansion of the Rose West mineralized footprint by adding up an additional 300 x 300 m bloc expanding the lateral footprint of Pegmatite 5, 3 and 2, with thicknesses that continue to range from 10 to 30 m. Pegmatite 5 is now also delivering substantial and laterally continuous intersections in the northern portion of the Main Target Area, part of a stacked and generally flat lying system. The geological model continues to prove to be highly effective and predictive. A total of 11 holes were drilled and prepared for assaying while the forest fire situation evolved towards a safe return to site. Assay results were received for holes RW-26-35A, RW-26-51, RW-26-52 and RW-26-58, and returned some significant lithium and tantalum composite assays, as highlighted below: 1.89% Li2O and 161 ppm Ta2O5 over 27.35 m (including 2.70% Li2O and 222 ppm Ta2O5 over 10.50 m and 1.84% Li2O and 115 ppm Ta2O5 over 9.00 m), through Pegmatite 3, in hole RW-26-35A 1.23% Li2O and 227 ppm Ta2O5 over 6.45 m (including 1.64% Li2O and 179 ppm Ta2O5 over 4.00 m), through Pegmatite 5, in hole RW-26-51 and 1.58% Li2O and 118 ppm Ta2O5 over 16.85 m, through Pegmatite 3, in hole RW-26-51 1.00% Li2O and 88 ppm Ta2O5 over 19.40 m (including 1.11% Li2O and 176 ppm Ta2O5 over 6.70 m and 1.43% Li2O and 83 ppm Ta2O5 over 4.00 m), through Pegmatite 3, in hole RW-26-52 1.33% Li2O and 145 ppm Ta2O5 over 14.05 m (including 1.81% Li2O and 122 ppm Ta2O5 over 9.00 m), through Pegmatite 5, in hole RW-26-58. * Core length; the true thickness is between 80 to 95% of the core length. Located approximately 10 km to the west of the Rose Lithium-Tantalum Project ("Rose"), Rose West is a near surface lithium-rich pegmatite bearing zone, initially intercepted by drilling over a 450 m x 370 m footprint area in the winter of 2024, now covering an overall footprint of 1,250 m x 800 m (see Press Release dated June 9, 2026), a six-fold increase in surface expression. The lithium-rich pegmatites typically range from 10 to 40 m in thickness and together display a sub-horizontal stacked geometry. Recent drilling has identified three (3) new spodumene-bearing pegmatitic bodies within the target area. The Phase 2 Summer 2026 drill program is designed to further expand this mineralized footprint, and to better define the geometry and extent of the three new mineralized pegmatites intersected during the Winter 2026 Campaign. The Summer 2026 drill program is designed to reach three (3) specific goals: Expand laterally all around the existing mineralized footprint; Infill drilling along Line C (Figure 1), to confirm grade and thickness continuity of the intersected pegmatites; Follow up on both newly discovered mineralized pegmatites (6 and 7) below the current extent of mineralization. Figure 1: Location map of drillholes from the winter 2024 and winter 2026 campaigns and proposed Summer 2026 drillholes. To date, eleven (11) holes were drilled in the NE corner of the Main Target Area for a total of 2,073 meters. Figure 1 above shows the location of these holes, which are designed to intersect all three principal pegmatites, i.e., Pegmatite 5 (new), 3 (Main), and Pegmatite 2. Table 1 below presents the collar coordinates, the planned length and the orientation of each of the holes drilled to date. Table 1 - 2026 Summer drillhole locations and summary descriptions. The following Table 2 presents the composite assay results received to date, and the intervals of anticipated mineralization along the other holes drilled during this current campaign. New and updated results presented in the current press release are highlighted in grey. * Core length; the true thickness is between 80 to 95% of the core length.** P.R.: Pending Results, N.S.: No Spodumene. Table 2 - Spodumene-rich pegmatite intervals and assay results from the Summer 2026 drill campaign. As previously discussed, the stacked nature of the mineralized system allows for the intersection of multiple pegmatite bodies within a given drillhole (Table 2). While keeping the same "grid-based" systematic approach, not all drillholes are anticipated to intersect each pegmatite. Figures 2 to 4 present plan views of the individual pegmatite zones as defined in the Winter 2026 program, as well as the nature of each intersection through the given zone. Figure 2 is a horizontal plan view on which the projection of Pegmatite 5 is presented. All holes that were drilled on Line G successfully intersected Pegmatite 5. Holes RW-26-56A and RW-26-55 on Line H, also intersected Pegmatite 5, although the zone is less strongly expressed. Holes RW-26-58 and RW-26-57 appear to have intersected an offset equivalent of Pegmatite 5; Hole RW-26-58 has returned 1.33% Li2O and 145 ppm Ta2O5 over 14.05 m (including 1.81% Li2O and 122 ppm Ta2O5 over 9.00 m). Figure 3 presents the Pegmatite 3 plan view projection. Most of the holes intersected the Main pegmatite, confirming its continuity across Lines G and H. However, a major fault has also been intersected in holes RW-26-53 and RW-26-55, likely explaining the absence of Pegmatite 3 on Line I in holes RW-26-57 and RW-26-58. However, Holes RW-26-35A, RW-26-51 and RW-26-52 all returned Li2O above 1.00% over thickness from 16.85 to 27.20 m, consistent with similar thickness encountered throughout the Pegmatite 3 body. Assays are pending for holes RW-26-36, RW-26-37, RW-26-54 and RW-26-56A which also intersected Pegmatite 3. Figure 4 presents the Pegmatite 2 longitudinal view. Pegmatite 2 is confirmed to be present towards the central core of the mineralized area, and as predicted by our 3D model, it appears to get cut-off or merge into Pegmatite 3 towards the north. As a result, Pegmatite 2 was only intersected in holes RW-26-35A to RW-26-37. Hole RW-26-35A returned 0.67% Li2O and 265 ppm Ta2O5 over 9.10 m. "The Summer 2026 drilling program continue to demonstrate the continuity of not just one, but several lithium- and tantalum-rich pegmatites. The results presented in this press release allow to expand and/or close off the know pegmatites in an area that covers approximately 300 by 300 m. Moreover, each hole reveals a little piece of the structural framework controlling the geometry of the pegmatitic bodies. So far, most of these pieces are adding up volume, while lithium and tantalum content remains consistent. The model seems to have become predictive, increasing the level of confidence we have in our drilling program", commented Kenneth Williamson, Director of Exploration of the Corporation. Figure 2: Pegmatite 5 projection Plan Map - Zone outline and targeted extensions. Figure 3: Pegmatite 3 projection Plan Map - Zone outline and targeted extensions. Figure 4: Pegmatite 2 projection Plan Map - Zone outline and targeted extensions. Quality assurance/quality control Quality assurance and quality control procedures have been implemented to ensure best practices in sampling and analysis of the drill core samples. Standards, duplicate and blanks were regularly inserted into the sample stream. The drill core samples were delivered, in secure tagged bags to the ALS Minerals laboratory facility in Val-d'Or, Québec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75 μm. All samples are analyzed using sodium peroxide fusion ME-MS-89L, with full analysis for 52 elements. Value over 25,000 ppm Li were re-assays using Li-ICP-82b and value over 2,500 ppm Ta2O5 were re-assays using Ta-XRF10. Qualified Person Kenneth Williamson, Géo, M.Sc.Director of Exploration at Critical Elements, is the Qualified Person that has reviewed and approved the technical contents of this news release on behalf of the Corporation. About Critical Elements Lithium Corporation Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Québec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,016 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation's view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization under the Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Québec Minister of Natural Resources and Forests under the Québec Mining Act. For further information, please contact: Jean-Sébastien Lavallée, P. Géo.Chief Executive [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is described in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary statement concerning forward-looking statements This news release contains "forward-looking information" within the meaning of Canadian Securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "scheduled", "anticipates", "expects" or "does not expect", "is expected", "scheduled", "targeted", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information contained herein include, without limitation, statements relating to the anticipated receipt of the final assay results from the 2026 drilling program on the Corporation's Rose West property, the results and completion of the 2026 exploration drilling program and its related objectives. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Although Critical Elements has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking information include, but are not limited to: delays in obtaining final assay results from the laboratory facility, the final and complete results of the Corporation's 2026 exploration drilling program on the Corporation's Rose West property not delivering the anticipated results and the effects on the Corporation's stated objectives, as well as those risk factors set out in the Corporation's Management Discussion and Analysis for its most recent quarter ended May 31, 2026 and other disclosure documents available under the Corporation's SEDAR+ profile. Forward-looking information contained herein is made as of the date of this news release and Critical Elements disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Forward-looking information contained herein is made as of the date of this news release. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Corporation undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities law SOURCE: Critical Elements Lithium Corp. View the original press release on ACCESS Newswire

TORONTO, July 15, 2026 /CNW/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to provide final assay results from its Winter 2026 drill program and the voting results from its Annual General and Special Meeting ("AGSM") held on June 30, 2026, in Toronto, Ontario. Summary These assays from Power Metallic's winter 2026 drill program complete the drill results to be used for the initial NI-43-101 Mineral Resource Estimate (MRE) on Lion. Completion and reporting of the MRE estimates on Lion and the Nisk deposit is scheduled for the end of July. This MRE will form the basis for a Preliminary Economic Assessment (PEA) to begin immediately following the completion of the MRE. Lion Zone MRE In-fill program This news release includes drill holes defining the eastern side of the Lion Zone close to surface (Figure 1). All holes are in preparation for the 2026 Mineral Resource Estimate (MRE). The infill drill holes in this release were drilled to delimit the eastern side of Lion to increase the confidence of modelling the zone, particularly within the range of a potential future open pit. In-fill drill holes in the shallow central parts of the deposit continue to report good near surface grades as evidenced by PML-26-116 which intersected high-grade copper near surface with 36.42 m @ 2.83% CuEqRec1 at 75m below surface, including semi-massive mineralization with 6.00 m @ 12.38% CuEqRec1. (Table 1 and Figure 1). Drill holes included in Figure 1 but not in the table of Lion results (Table 1) occur on the eastern side of Lion, delimiting the eastern edge for MRE resource modelling. These holes did intersect the favourable mineralized structure, but had low grade assays, including individual assays of up to 0.49 g/t Pt and 0.62 g/t Pd, as well as anomalous Cu and Au, defining the mineralized structure's location. Two holes also tested near surface between Lion and Tiger, again intersecting the mineralized structure with weak Cu, Pd results. Power Metallic is expecting more assay results from the summer drilling program, including regional exploration in the weeks to come. Annual General and Special Meeting Results Power Metallic's held its AGSM on June 30, 2026, in Toronto, Ontario. Shareholders voted in favor of all items of business presented at the AGSM, as outlined in the proxy-related materials, including the Notice of Meeting and the Information Circular dated May 15, 2026 (the "Information Circular"). These items included the election of directors such that each of Terry Lynch, Peter Kent, Les Mallard, Greg McKenzie, Steve Beresford, and Seamus O'Regan were elected as directors, the appointment of the Company's auditor, MNP LLP, the re- approval of the Omnibus Equity Incentive Plan, and the approval of an amendment to the Company's Articles to increase the quorum threshold for shareholder meetings. Just over 33.42% of the Company's issued and outstanding common shares as of the record date of the AGSM were voted. For more information on the resolutions and the Omnibus Equity Incentive Plan, shareholders are encouraged to refer to the Information Circular available at the Company's profile on SEDAR+. The shareholder approval of the Articles' amendment to increase the quorum threshold for shareholder meetings to 33-1/3%, will allow the Company's Articles to meet the quorum threshold expected for companies listed on a U.S. national stock exchange. With shareholder approval in hand, and as disclosed in the Information Circular, the Company intends to implement the Articles amendment at such time as the Board of Directors has determined to proceed with seeking a listing on a U.S. national stock exchange. The full scrutineer's report for the AGM votes will be posted on the company's website by the end of the week at the following address: https://www.powermetallic.com/financial_statements/. "We are grateful for the strong support of our shareholders at this year's Annual General and Special Meeting. Receiving approval for the amendment to our Articles to align our quorum threshold with U.S. national exchange requirements is a meaningful step forward in our mission to bring Power Metallic's story to a broader investor audience. With the Lion Zone delivering some of the highest-grade polymetallic intercepts in the world, exceptional metallurgical recoveries, and a pipeline of catalysts ahead — including our upcoming mineral resource estimate — we believe a U.S. national exchange listing will unlock a significant re-rating opportunity and introduce this company to a broader community of institutional and retail investors." — Terry Lynch, CEO, Power Metallic Mines Inc Qualified Person Joseph Campbell, P. Geo, VP Exploration at Power Metallic, is the qualified person who has reviewed and approved the technical disclosure contained in this news release. About Power Metallic Mines Inc. Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada's next polymetallic mine. On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~330 km² and roughly 50 km of prospective basin margins. Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs. Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025. It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan exploration license in The Kingdon of Saudi Arabia's Jabal Said Belt. The property encompasses over 200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the world-class Jabal Sayid mine and the promising Umm and Damad deposit. For further information, readers are encouraged to contact:Power Metallic Mines Inc.The Canadian Venture Building82 Richmond St East, Suite 202Toronto, ON Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. QAQC and Sampling GeoVector Management Inc ("GeoVector") is the Consulting company retained to perform the actual drilling program, which includes core logging and sampling of the drill core. All core in this news release is either HQ or NQ sized core. Drill core is re-fitted and measured. Geotech on core includes photographs (wet & dry), rock quality index, magnetic susceptibility, conductivity, and recovery estimates. Core is logged for lithology, mineralogy, and structural features, and sample intervals are delineated and tagged. Sampled core is mechanically sawn, and half-core is retained for future reference. GeoVector's QAQC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results. QAQC and data validation was performed, and no material errors were observed. All samples were submitted to and analyzed at Activation Laboratories Ltd ("Actlabs"), a commercial laboratory independent of Power Metallic with no interest in the Project. Actlabs is an ISO 9001 and 17025 certified and accredited laboratories. Samples submitted through Actlabs are run through standard preparation methods and analysed using RX-1 (Dry, crush (< 7 kg) up to 80% passing 2 mm, riffle split (250 g) and pulverize (mild steel) to 95% passing 105 μm) preparation methods, and using 1F2 (ICP-OES) and 1C-OES - 4-Acid near total digestion + Gold-Platinum-Palladium analysis and 8-Peroxide ICP-OES, for regular and over detection limit analysis. Pegmatite samples are analyzed using UT7 - Li up to 5%, Rb up to 2% method. Actlabs also undertake their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Cautionary Note Regarding Forward-Looking Statements This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. 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," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. View original content to download multimedia:https://www.prnewswire.com/news-releases/power-metallic-reports-new-lion-drill-intercepts-of-36-42-meters-of-2-83-cueqrec1-in-hole-26-116-including-6-00-meters-of-12-38-cueqrec1-and-announces-agsm-meeting-results-302825891.html View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2026/15/c1423.html

Hong Kong, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (“Cre8” or the “Company”), a Hong Kong-based integrated financial printing service provider, announced its unaudited financial results for the six months ended June 30, 2025 today. Overview: Revenue increased by approximately 1.4% from approximately HK$58.0 million for the six months ended June 30, 2024 to approximately HK$58.8 million (US$7.5 million) for the six months ended June 30, 2025 Net income increased by approximately 63.7% from approximately HK$4.9 million for the six months ended June 30, 2024 to approximately HK$8.0 million (US$1.0 million) for the six months ended June 30, 2025 Six Months Financial Results Ended June 30, 2025 Revenue. Revenue slightly increased by approximately 1.4% from approximately HK$58.0 million for the six months ended June 30, 2024 to approximately HK$58.8 million (US$7.5 million) for the six months ended June 30, 2025, mainly due to the increase in revenue from integrated IPO financial printing services by approximately HK$7.6 million, or 45.1% from approximately HK$17.0 million for the six months ended June 30, 2024 to approximately HK$24.6 million (US$3.1 million) for the six months ended June 30, 2025; partially offset by the decrease in revenue from the non-IPO financial printing services by approximately HK$6.9 million, or 16.7% from approximately HK$41.0 million for the six months ended June 30, 2024 to approximately HK$34.1 million (US$4.4 million) for the six months ended June 30, 2025. Gross profit. The gross profit slightly decreased by approximately 2.6% from approximately HK$28.3 million for the six months ended June 30, 2024 to approximately HK$27.6 million (US$3.5 million) for the six months ended June 30, 2025, mainly due to the increase in printing costs during the six months ended June 30, 2025. Selling and marketing expenses. The selling and marketing expenses decreased by approximately HK$3.2 million, or 29.7%, from approximately HK$11.0 million for the six months ended June 30, 2024 to approximately HK$7.7 million (approximately US$1.0 million) for the six months ended June 30, 2025, which was mainly due to the decrease in staff costs of the sales department and commission expenses. General and administrative expenses. The general and administrative expense decreased by approximately HK$0.9 million, or 8.1%, from approximately HK$11.3 million for the six months ended June 30, 2024 to approximately HK$10.4 million (US$1.3 million) for the six months ended June 30, 2025, which was mainly due to the decrease in depreciation, rental expenses and the provision for expected credit losses. Income tax expense. The income tax expense increased from approximately HK$1.2 million for the six months ended June 30, 2024 to approximately HK$1.6 million (US$0.2 million) for the six months ended June 30, 2025, which was generally in line with the increase in net income for the period. Net income. The net income increased from approximately HK$4.9 million for the six months ended June 30, 2024 to approximately HK$8.0 million (US$1.0 million) for the six months ended June 30, 2025, which was mainly due to decrease in the selling and marketing expenses and the general and administrative expenses during the six months ended June 30, 2025. Basic and diluted EPS. Basic and diluted earnings per share were approximately HK$0.36 (US$0.05) for the six months ended June 30, 2025, as compared to basic and diluted earnings per share of HK$0.22 for the six months ended June 30, 2024. Liquidity and Capital Resources As of December 31, 2024 and June 30, 2025 and, we had cash and cash equivalent of approximately HK$13.8 million and HK$11.3 million (US$1.4 million), respectively. Cash flows from operating activities. For the six months ended June 30, 2025, our net cash generated from operating activities was approximately HK$0.9 million (US$0.1 million), mainly due to (i) our net income of approximately HK$8.0 million (US$1.0 million), which was primarily adjusted for depreciation – property and equipment, provision for expected credit loss and deferred tax expenses, (ii) increase in accruals and other payables of approximately HK$1.9 million (US$0.2 million) and (iii) increase in tax payable of approximately HK$1.5 million (US$0.2 million); partially offset by (i) increase in accounts receivables of approximately HK$7.4 million (US$0.9 million); and (ii) decrease in contract liabilities of approximately HK$4.6 million (US$0.6 million). Cash flows from investing activities. For the six months ended June 30, 2025, our net cash used in investing activities represented purchase of property and equipment of approximately HK$0.7 million (US$0.1 million). Cash flows from financing activities. For the six months ended June 30, 2025, our net cash used in financing activities represented (i) repayment to related parties of approximately HK$2.0 million (US$0.3 million); (ii) deferred initial public offering cost of approximately HK$0.4 million (US$54,000); and (iii) repayment of bank loans of approximately HK$0.4 million (US$50,000). Recent Development On July 23, 2025, the Company was listed on the Nasdaq Capital Market following the completion of its initial public offering. The Company began trading under the ticker symbol “CRE” on this date. On July 28, 2025, the underwriters to the Company’s initial public offering had exercised the over-allotment option to purchase an additional 217,500 Class A Ordinary Shares. The gross proceeds received from the Company’s initial public offering, including the proceeds from the sale of the over-allotment shares, totalled $6.67 million. About Cre8 Enterprise Limited (NASDAQ: CRE) Cre8 Enterprise Limited provides 24/7 integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market in Hong Kong under its brand, “Cre8”. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. In addition to these core services, it has expanded its offerings to include complementary design services such as website design, branding, and content creation for marketing materials. Moreover, it is now providing technological support to its customers by disseminating and publishing announcements, circulars, financial reports, and industry news feeds through a website of its “Cre8IR” brand. Forward-Looking Statements This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in U.S., Hong Kong and China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contacts: Cre8 Enterprise Limited Email: [email protected]