Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has signed an Amended Option Agreement (the ‘ Amendment Agreement ‘) with ArcWest Exploration Inc. (‘ ArcWest ‘) on the RIP Copper Project (the ‘ Project ‘ or ‘ RIP ‘) in the Stikine region of British Columbia. The RIP Project is situated approximately 33 km northeast of Imperial Metals’ past producing Huckleberry copper-molybdenum (‘ Cu-Mo ‘) mine and Surge Copper’s advanced stage OxSealBerg projects. Imperial Metals Corporation is exploring Huckleberry and its surrounding claims for additional Cu-Mo resources.

Highlights of the RIP 2024 Phase One Drilling:

• First phase drill testing at Rip has confirmed that the largely covered geophysical targets define a Cu-Mo mineralized porphyry system.
• Zones of anomalous Cu-Mo mineralization are hosted in multiple phases of porphyritic intrusions and associated vein stockwork. Drill Intersection highlights include (*Table 1):
  • 0.102% CuEq over 126.6 m * in drill hole RP24-001 from 21.4 m
    • Including 0.267% CuEq over 24.6 m * from 21.4
  • 0.113% CuEq over 114.3 m * in drill hole RP24-002 from 33.6 m
• The southern highly prospective, approximately 1X1 kilometer (‘ km ‘), annular geophysical anomaly remains untested by drilling. The northern highly prospective, approximately 1X1 km, annular geophysical anomaly remains largely untested (Figure 1).
• most 2024 drill assays are anomalous in Cu-Mo with the presence of intense quartz-sericite-pyrite alteration and strongly developed vein sets resembling D veins indicates the presence of a significant porphyry system that has been insufficiently tested.
• In 2024, acquired five additional claims by staking, more than doubling the initial 2,308.81 ha road accessible property to its current 4,770.65 hectares in a top tier exploration and mining district, the Bulkley Porphyry Belt.

Brian Thurston, President & CEO of Copper Quest, commented : ‘ We are excited to plan the first ever drill campaign targeting the highly prospective southern geophysical anomaly at RIP. The Phase One drill program successfully demonstrated that a multi-phase, mineralized porphyry system is defined by the geophysical targets interpreted by Copper Quest with extensive Cu-Mo mineralized intersections in both holes of that limited drill program. The drilling of the northern target chargeability high is host to impressive porphyry style stockwork that has potential to improve in grade down plunge and laterally. The majority of the system, including the entirety of the southern target, remains untested and is highly deserving of additional exploration. Copper Quest has assembled a dominant land position in the Bulkley Porphyry Belt and created a unique opportunity that unlocks a district scale copper porphyry pursuit. ‘

In summary, the 2024 mag, IP and drill program successfully resolved the original Rip anomaly into two separate porphyry systems and demonstrated that the northern target contains multiple intrusive phases and long intervals of low-grade Cu-Mo mineralization. This northern target has been partly defined as a 600m wide subvertical cylindrical mineralized zone between a magnetic barren core and a chargeable pyrite halo. The northern target has only been tested by three diamond drill holes (two by Copper Quest in 2024, one historical in 1975). The southern geophysical target is equivalent in size to the northern anomaly and has not yet seen diamond drill testing.

Figure 1 : RIP Chargeability and Magnetic Survey Results

Technical Details of the Drill Program

The RIP project is interpreted as a highly underexplored porphyry Cu-Mo system that is predominantly covered by overburden. A small outcrop area contains variably altered porphyritic intrusions which cut strongly hornfelsed Hazelton Group volcano-sedimentary rocks. Porphyritic intrusions and hornfelsed country rock are both host to porphyry style stockwork, including magnetite-chalcopyrite and quartz-chalcopyrite-molybdenite veins. Historical exploration drilling on the project included shallow, predominantly percussion holes targeting a large IP anomaly; within the IP anomaly, the holes intersected predominantly QSP altered lithologies (including altered porphyritic intrusions) with anomalous Cu-Mo mineralization. Multiple holes failed to reach bedrock.

An airborne magnetic survey flown in 2024 revealed for the first time two separate circular magnetic highs within the historical chargeability high, suggesting that RIP contains two porphyry centers. The southern mag high is significantly larger than the northern one but does not crop out. Following the airborne mag survey, a 3D-DCIP induced polarization and resistivity survey was completed over the Rip target in 2024. The new IP survey resolved the original 1980 chargeability anomaly into two chargeability ‘donuts’ around the two separate magnetic highs, the classic ‘pyrite halo’ signature of porphyry systems, providing more evidence for the interpretation that RIP contains two adjacent porphyry systems.

Table 1 . Summary of assay results

Notes on Table 1 : Average of assays from selected intervals with values continuously >500ppm CuEq, with allowance for inclusion of single sample gaps

In 2024 two drill holes were completed on the northern geophysical target from a single setup, both intersecting anomalous to low-grade Cu-Mo porphyry mineralization from surface, and at depths >400m in RP24-001. Mineralization in both holes is hosted in three distinct phases of porphyritic intrusions with potassic to phyllic alteration and multistage veining (e.g., magnetite-chalcopyrite; quartz-chalcopyrite-molybdenite, pyrite-chalcopyrite with sericite haloes).

RP24-001 drilled eastwards towards the core of the geophysical anomaly, targeting the magnetic high within the high chargeability ring. Between upper and lower mineralized zones lies a central barren zone of strongly magnetic crowded porphyry (148-284m), major quartz pods and segregations (284-334m) and unidirectional solidification textures (‘ USTs ‘) (369-374m). These coincide with the magnetic high and are interpreted to comprise a central magmatic cupola near the magmatic-hydrothermal transition.

RP24-002 drilled westwards away from the core of the geophysical anomaly, targeting the strongest portion of the high chargeability ring. Below an upper zone of weak Cu-Mo mineralization, the lower portions of the hole intersected strong to intense sericite-pyrite alteration with D-style veins but negligible Cu-Mo. This abundant pyrite alteration explains the chargeability ring and is interpreted to be a portion of the pyrite halo of the northern target.

Figure 2 – Plan view of 2024 drilling, overlain on northern geophysical target. (Data from drill hole A75-1 is included from historical sources that have not been verified by Copper Quest)

Figure 3 : Cross section across the northern target (looking north), showing chargeability and CuEq drill intercepts.

RIP Option Amendment

In late 2023, the Company announced its option agreement with ArcWest to acquire up to an 80% interest in the RIP Cu-Mo project. Copper Quest can earn the first tier of its interest in the project by completing staged exploration work totaling C$2.0 million, including 3,000 meters of drilling, payments totaling C$100,000 and annual share payments over four years until the end of 2027. The Amendment Agreement extends the drilling requirement from December 31, 2025 to December 31, 2026. The Company is planning a minimum 2,000-meter Phase 2 drill program that will complete the terms set forth in the Option Agreement and earn Copper Quest its initial 60% ownership in the RIP project.

Qualified Person
Brian Thurston, P.Geo., the Company’s President, CEO and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has reviewed and approved the technical information in this news release.

Director Transition to Technical Advisor

Dr. Mark Cruise Ph.D, P.Geo, ICD.D has stepped down from his positions as Director and Audit Chair of the Company but will remain on the team as Technical Advisor to the Board. Dr. Cruise’s has more than 25 years of experience discovering, developing and operating mines in Europe, South America, Canada and Africa. He was a former Senior Geologist at Anglo American, Founded Trevali Mining and grew that to be a top 10 zinc producer. The Company wishes to thank Mr. Cruise for his time as Director and looks forward to his continued input as a Copper Quests technical advisor.

Copper: Global Demand & Supply

Globally, copper demand continues to surge, driven by electrification, electric vehicles, renewable energy, and the massive expansion of AI and data center infrastructure. Yet supply remains constrained, with declining grades at existing mines, limited new discoveries, and prolonged permitting timelines. The resulting supply-demand imbalance underscores the importance of advancing new porphyry discoveries in stable jurisdictions.

About Copper Quest Exploration Inc.

Copper Quest ( CSE: CQX; OTCQB: IMIMF; FRA: 3MX ) is focused on building shareholder value through the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum RIP Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. For more information on Copper Quest, please visit the Company’s website at Copper Quest .

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/f7bf1481-6176-4d99-8341-dd3522aaf2f6

https://www.globenewswire.com/NewsRoom/AttachmentNg/af2da187-a07e-4ba2-8d2a-925a4f2cac8b

https://www.globenewswire.com/NewsRoom/AttachmentNg/0a58a60c-7465-45f1-9292-b5354182d4a8

Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (‘ Copper Quest ‘ or the ‘ Company ‘) is pleased to announce that it has signed an Amended Option Agreement (the ‘ Amendment Agreement ‘) with ArcWest Exploration Inc. (‘ ArcWest ‘) on the RIP Copper Project (the ‘ Project ‘ or ‘ RIP ‘) in the Stikine region of British Columbia. The RIP Project is situated approximately 33 km northeast of Imperial Metals’ past producing Huckleberry copper-molybdenum (‘ Cu-Mo ‘) mine and Surge Copper’s advanced stage OxSealBerg projects. Imperial Metals Corporation is exploring Huckleberry and its surrounding claims for additional Cu-Mo resources.

Highlights of the RIP 2024 Phase One Drilling:

• First phase drill testing at Rip has confirmed that the largely covered geophysical targets define a Cu-Mo mineralized porphyry system.
• Zones of anomalous Cu-Mo mineralization are hosted in multiple phases of porphyritic intrusions and associated vein stockwork. Drill Intersection highlights include (*Table 1):
  • 0.102% CuEq over 126.6 m * in drill hole RP24-001 from 21.4 m
    • Including 0.267% CuEq over 24.6 m * from 21.4
  • 0.113% CuEq over 114.3 m * in drill hole RP24-002 from 33.6 m
• The southern highly prospective, approximately 1X1 kilometer (‘ km ‘), annular geophysical anomaly remains untested by drilling. The northern highly prospective, approximately 1X1 km, annular geophysical anomaly remains largely untested (Figure 1).
• most 2024 drill assays are anomalous in Cu-Mo with the presence of intense quartz-sericite-pyrite alteration and strongly developed vein sets resembling D veins indicates the presence of a significant porphyry system that has been insufficiently tested.
• In 2024, acquired five additional claims by staking, more than doubling the initial 2,308.81 ha road accessible property to its current 4,770.65 hectares in a top tier exploration and mining district, the Bulkley Porphyry Belt.

Brian Thurston, President & CEO of Copper Quest, commented : ‘ We are excited to plan the first ever drill campaign targeting the highly prospective southern geophysical anomaly at RIP. The Phase One drill program successfully demonstrated that a multi-phase, mineralized porphyry system is defined by the geophysical targets interpreted by Copper Quest with extensive Cu-Mo mineralized intersections in both holes of that limited drill program. The drilling of the northern target chargeability high is host to impressive porphyry style stockwork that has potential to improve in grade down plunge and laterally. The majority of the system, including the entirety of the southern target, remains untested and is highly deserving of additional exploration. Copper Quest has assembled a dominant land position in the Bulkley Porphyry Belt and created a unique opportunity that unlocks a district scale copper porphyry pursuit. ‘

In summary, the 2024 mag, IP and drill program successfully resolved the original Rip anomaly into two separate porphyry systems and demonstrated that the northern target contains multiple intrusive phases and long intervals of low-grade Cu-Mo mineralization. This northern target has been partly defined as a 600m wide subvertical cylindrical mineralized zone between a magnetic barren core and a chargeable pyrite halo. The northern target has only been tested by three diamond drill holes (two by Copper Quest in 2024, one historical in 1975). The southern geophysical target is equivalent in size to the northern anomaly and has not yet seen diamond drill testing.

Figure 1 : RIP Chargeability and Magnetic Survey Results

Technical Details of the Drill Program

The RIP project is interpreted as a highly underexplored porphyry Cu-Mo system that is predominantly covered by overburden. A small outcrop area contains variably altered porphyritic intrusions which cut strongly hornfelsed Hazelton Group volcano-sedimentary rocks. Porphyritic intrusions and hornfelsed country rock are both host to porphyry style stockwork, including magnetite-chalcopyrite and quartz-chalcopyrite-molybdenite veins. Historical exploration drilling on the project included shallow, predominantly percussion holes targeting a large IP anomaly; within the IP anomaly, the holes intersected predominantly QSP altered lithologies (including altered porphyritic intrusions) with anomalous Cu-Mo mineralization. Multiple holes failed to reach bedrock.

An airborne magnetic survey flown in 2024 revealed for the first time two separate circular magnetic highs within the historical chargeability high, suggesting that RIP contains two porphyry centers. The southern mag high is significantly larger than the northern one but does not crop out. Following the airborne mag survey, a 3D-DCIP induced polarization and resistivity survey was completed over the Rip target in 2024. The new IP survey resolved the original 1980 chargeability anomaly into two chargeability ‘donuts’ around the two separate magnetic highs, the classic ‘pyrite halo’ signature of porphyry systems, providing more evidence for the interpretation that RIP contains two adjacent porphyry systems.

Table 1 . Summary of assay results

Notes on Table 1 : Average of assays from selected intervals with values continuously >500ppm CuEq, with allowance for inclusion of single sample gaps

In 2024 two drill holes were completed on the northern geophysical target from a single setup, both intersecting anomalous to low-grade Cu-Mo porphyry mineralization from surface, and at depths >400m in RP24-001. Mineralization in both holes is hosted in three distinct phases of porphyritic intrusions with potassic to phyllic alteration and multistage veining (e.g., magnetite-chalcopyrite; quartz-chalcopyrite-molybdenite, pyrite-chalcopyrite with sericite haloes).

RP24-001 drilled eastwards towards the core of the geophysical anomaly, targeting the magnetic high within the high chargeability ring. Between upper and lower mineralized zones lies a central barren zone of strongly magnetic crowded porphyry (148-284m), major quartz pods and segregations (284-334m) and unidirectional solidification textures (‘ USTs ‘) (369-374m). These coincide with the magnetic high and are interpreted to comprise a central magmatic cupola near the magmatic-hydrothermal transition.

RP24-002 drilled westwards away from the core of the geophysical anomaly, targeting the strongest portion of the high chargeability ring. Below an upper zone of weak Cu-Mo mineralization, the lower portions of the hole intersected strong to intense sericite-pyrite alteration with D-style veins but negligible Cu-Mo. This abundant pyrite alteration explains the chargeability ring and is interpreted to be a portion of the pyrite halo of the northern target.

Figure 2 – Plan view of 2024 drilling, overlain on northern geophysical target. (Data from drill hole A75-1 is included from historical sources that have not been verified by Copper Quest)

Figure 3 : Cross section across the northern target (looking north), showing chargeability and CuEq drill intercepts.

RIP Option Amendment

In late 2023, the Company announced its option agreement with ArcWest to acquire up to an 80% interest in the RIP Cu-Mo project. Copper Quest can earn the first tier of its interest in the project by completing staged exploration work totaling C$2.0 million, including 3,000 meters of drilling, payments totaling C$100,000 and annual share payments over four years until the end of 2027. The Amendment Agreement extends the drilling requirement from December 31, 2025 to December 31, 2026. The Company is planning a minimum 2,000-meter Phase 2 drill program that will complete the terms set forth in the Option Agreement and earn Copper Quest its initial 60% ownership in the RIP project.

Qualified Person
Brian Thurston, P.Geo., the Company’s President, CEO and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects , has reviewed and approved the technical information in this news release.

Director Transition to Technical Advisor

Dr. Mark Cruise Ph.D, P.Geo, ICD.D has stepped down from his positions as Director and Audit Chair of the Company but will remain on the team as Technical Advisor to the Board. Dr. Cruise’s has more than 25 years of experience discovering, developing and operating mines in Europe, South America, Canada and Africa. He was a former Senior Geologist at Anglo American, Founded Trevali Mining and grew that to be a top 10 zinc producer. The Company wishes to thank Mr. Cruise for his time as Director and looks forward to his continued input as a Copper Quests technical advisor.

Copper: Global Demand & Supply

Globally, copper demand continues to surge, driven by electrification, electric vehicles, renewable energy, and the massive expansion of AI and data center infrastructure. Yet supply remains constrained, with declining grades at existing mines, limited new discoveries, and prolonged permitting timelines. The resulting supply-demand imbalance underscores the importance of advancing new porphyry discoveries in stable jurisdictions.

About Copper Quest Exploration Inc.

Copper Quest ( CSE: CQX; OTCQB: IMIMF; FRA: 3MX ) is focused on building shareholder value through the exploration and development of its North American Critical Mineral portfolio of assets. The Company’s land package currently comprises five projects that span over 40,000+ hectares in great mining jurisdictions.

Copper Quest has a 100% interest in the Stars Property, a porphyry copper-molybdenum discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to the Stars Property, Copper Quest has a 100% interest in the 5,389 hectare Stellar Property. CQX also has an earn-in option up to 80% and joint-venture agreement on the 4,700 hectare porphyry copper-molybdenum RIP Project, also in the Bulkley Porphyry Belt.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and currently consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern BC which spans over 20,658 ha with 10 high-priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest’s leadership and advisory teams are senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Copper Quest is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which it operates. For more information on Copper Quest, please visit the Company’s website at Copper Quest .

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:

Investor Relations
info@copper.quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘ forward-looking statements ‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/f7bf1481-6176-4d99-8341-dd3522aaf2f6

https://www.globenewswire.com/NewsRoom/AttachmentNg/af2da187-a07e-4ba2-8d2a-925a4f2cac8b

https://www.globenewswire.com/NewsRoom/AttachmentNg/0a58a60c-7465-45f1-9292-b5354182d4a8

(TheNewswire)

Brossard, Quebec TheNewswire – October 14, 2025 CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), a North American producer and distributor specializing in clean Ultra High Purity (‘ UHP ‘) hydrogen and strategic industrial gases, announces a significant commercial milestone: the signing of a five-year hydrogen supply agreement with an Ontario-based independent distributor for regular deliveries of clean UHP hydrogen.

Key Highlights:

• Long-Term Contract – Five-year term with an Ontario distributor, providing a stable and recurring demand of CHARBONE’s clean UHP hydrogen.

• First Deliveries in November – Initial deliveries slated for November 2025 , utilizing a newly commissioned Type 1 hydrogen tube trailer fully certified by Transport Canada and the Technical Standards and Safety Authority (TSSA) for operation in Ontario.

• Operational Readiness – CHARBONE’s transportation subsidiary achieved full regulatory and safety compliance within just eight months , meeting Canada’s strict hydrogen handling standards and ensuring a ‘Safety First’ approach to distribution.

• Strategic Expansion – This contract marks CHARBONE’s entry into the Ontario market , a rapidly growing region for clean UHP hydrogen. It reinforces the Company’s presence in Eastern Canada and positions CHARBONE for further growth in the clean energy sector.

‘ This five-year contract demonstrates that CHARBONE can build a trusted, compliant, and secure hydrogen supply network, positioning us for further expansion, ‘ said Dave B. Gagnon, CEO of CHARBONE . ‘ Ontario is a strategic market for us, and this achievement underscores our long-term commitment to serve industrial and specialty gas distributors with the highest levels of quality and reliability .’

Over the past eight months, CHARBONE’s wholly owned transportation subsidiary, CHARBONE Systems Inc., completed all necessary engineering, regulatory, and safety processes to operate under Canada’s strict standards for clean UHP hydrogen handling. This achievement not only underscores the Company’s ‘Safety First’ commitment and operational excellence in its logistics chain but also paves the way for reliable commercial deliveries under the new agreement .

About CHARBONE CORPORATION

CHARBONE is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the Company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility, and positions CHARBONE as a leader in the transition to a low-carbon future. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF) , the OTC Markets (OTCQB: CHHYF) , and the Frankfurt Stock Exchange (FSE: K47) . Visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

Brossard, Quebec TheNewswire – October 14, 2025 CHARBONE CORPORATION (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (‘ CHARBONE ‘ or the ‘ Company ‘), a North American producer and distributor specializing in clean Ultra High Purity (‘ UHP ‘) hydrogen and strategic industrial gases, announces a significant commercial milestone: the signing of a five-year hydrogen supply agreement with an Ontario-based independent distributor for regular deliveries of clean UHP hydrogen.

Key Highlights:

• Long-Term Contract – Five-year term with an Ontario distributor, providing a stable and recurring demand of CHARBONE’s clean UHP hydrogen.

• First Deliveries in November – Initial deliveries slated for November 2025 , utilizing a newly commissioned Type 1 hydrogen tube trailer fully certified by Transport Canada and the Technical Standards and Safety Authority (TSSA) for operation in Ontario.

• Operational Readiness – CHARBONE’s transportation subsidiary achieved full regulatory and safety compliance within just eight months , meeting Canada’s strict hydrogen handling standards and ensuring a ‘Safety First’ approach to distribution.

• Strategic Expansion – This contract marks CHARBONE’s entry into the Ontario market , a rapidly growing region for clean UHP hydrogen. It reinforces the Company’s presence in Eastern Canada and positions CHARBONE for further growth in the clean energy sector.

‘ This five-year contract demonstrates that CHARBONE can build a trusted, compliant, and secure hydrogen supply network, positioning us for further expansion, ‘ said Dave B. Gagnon, CEO of CHARBONE . ‘ Ontario is a strategic market for us, and this achievement underscores our long-term commitment to serve industrial and specialty gas distributors with the highest levels of quality and reliability .’

Over the past eight months, CHARBONE’s wholly owned transportation subsidiary, CHARBONE Systems Inc., completed all necessary engineering, regulatory, and safety processes to operate under Canada’s strict standards for clean UHP hydrogen handling. This achievement not only underscores the Company’s ‘Safety First’ commitment and operational excellence in its logistics chain but also paves the way for reliable commercial deliveries under the new agreement .

About CHARBONE CORPORATION

CHARBONE is an integrated company specializing in clean Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and Asia-Pacific. Through a modular approach, the Company is building a distributed network of green hydrogen production plants while diversifying revenues via helium and specialty gas partnerships. This disciplined model reduces risk, enhances flexibility, and positions CHARBONE as a leader in the transition to a low-carbon future. CHARBONE is listed on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF) , the OTC Markets (OTCQB: CHHYF) , and the Frankfurt Stock Exchange (FSE: K47) . Visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

Brossard, Quebec TheNewswire – le 14 octobre 2025 CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre à Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, annonce une étape commerciale importante : la signature d’une entente d’approvisionnement en hydrogène de cinq ans avec un distributeur indépendant basé en Ontario pour des livraisons régulières d’hydrogène propre à UHP.

Points saillants :

• Contrat long terme – D’une durée de cinq ans avec un distributeur ontarien, garantissant une demande stable et récurrente d’hydrogène propre à UHP de CHARBONE.

• Premières livraisons en novembre – Les premières livraisons sont prévues pour novembre 2025 , à l’aide d’une remorque à tubes à hydrogène de type 1 nouvellement mise en service, entièrement certifiée par Transports Canada et l’Autorité des normes techniques et de la sécurité de l’Ontario (TSSA) pour une exploitation en Ontario.

• Préparation opérationnelle – La filiale de transport de CHARBONE a atteint la pleine conformité de réglementation et de sécurité en seulement huit mois , répondant aux normes rigoureuses de manutention de l’hydrogène du Canada et garantissant une approche de distribution axée sur la « sécurité avant tout » .

• Expansion stratégique – Ce contrat marque l’entrée de CHARBONE sur le marché ontarien , une égion en pleine croissance pour l’hydrogène propre à UHP. Il renforce la présence de la Société dans l’est du Canada et lui permet de poursuivre sa croissance dans le secteur de l’énergie propre.

« Ce contrat de cinq ans démontre que CHARBONE peut bâtir un réseau d’approvisionnement en hydrogène fiable, conforme et sécuritaire , nous positionnant ainsi pour une expansion future, » a dit Dave B. Gagnon, Président et Chef de la direction de CHARBONE . « L’Ontario est un marché stratégique pour nous, et cette réalisation souligne notre engagement à long terme à servir les distributeurs de gaz industriels et de spécialités avec les plus hauts niveaux de qualité et de fiabilité . »

Au cours des huit derniers mois, CHARBONE Systèmes Inc., filiale de transport en propriété exclusive de CHARBONE, a mené à bien tous les processus d’ingénierie, de réglementation et de sécurité nécessaires pour opérer conformément aux normes canadiennes rigoureuses en matière de manutention d’hydrogène propre à UHP. Cette réussite souligne non seulement l’engagement de la Société envers la « sécurité avant tout » et l’excellence opérationnelle de sa chaîne logistique, mais ouvre également la voie à des livraisons commerciales fiables dans le cadre de la nouvelle entente.

À propos de CORPORATION CHARBONE

CHARBONE est une entreprise intégrée spécialisée dans l’hydrogène propre à Ultra Haute Pureté (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF) ; sur les marchés OTC (OTCQB: CHHYF) ; et à la Bourse de Francfort (FSE: K47) . Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone :

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

Brossard, Quebec TheNewswire – le 14 octobre 2025 CORPORATION CHARBONE (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« CHARBONE » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre à Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, annonce une étape commerciale importante : la signature d’une entente d’approvisionnement en hydrogène de cinq ans avec un distributeur indépendant basé en Ontario pour des livraisons régulières d’hydrogène propre à UHP.

Points saillants :

• Contrat long terme – D’une durée de cinq ans avec un distributeur ontarien, garantissant une demande stable et récurrente d’hydrogène propre à UHP de CHARBONE.

• Premières livraisons en novembre – Les premières livraisons sont prévues pour novembre 2025 , à l’aide d’une remorque à tubes à hydrogène de type 1 nouvellement mise en service, entièrement certifiée par Transports Canada et l’Autorité des normes techniques et de la sécurité de l’Ontario (TSSA) pour une exploitation en Ontario.

• Préparation opérationnelle – La filiale de transport de CHARBONE a atteint la pleine conformité de réglementation et de sécurité en seulement huit mois , répondant aux normes rigoureuses de manutention de l’hydrogène du Canada et garantissant une approche de distribution axée sur la « sécurité avant tout » .

• Expansion stratégique – Ce contrat marque l’entrée de CHARBONE sur le marché ontarien , une égion en pleine croissance pour l’hydrogène propre à UHP. Il renforce la présence de la Société dans l’est du Canada et lui permet de poursuivre sa croissance dans le secteur de l’énergie propre.

« Ce contrat de cinq ans démontre que CHARBONE peut bâtir un réseau d’approvisionnement en hydrogène fiable, conforme et sécuritaire , nous positionnant ainsi pour une expansion future, » a dit Dave B. Gagnon, Président et Chef de la direction de CHARBONE . « L’Ontario est un marché stratégique pour nous, et cette réalisation souligne notre engagement à long terme à servir les distributeurs de gaz industriels et de spécialités avec les plus hauts niveaux de qualité et de fiabilité . »

Au cours des huit derniers mois, CHARBONE Systèmes Inc., filiale de transport en propriété exclusive de CHARBONE, a mené à bien tous les processus d’ingénierie, de réglementation et de sécurité nécessaires pour opérer conformément aux normes canadiennes rigoureuses en matière de manutention d’hydrogène propre à UHP. Cette réussite souligne non seulement l’engagement de la Société envers la « sécurité avant tout » et l’excellence opérationnelle de sa chaîne logistique, mais ouvre également la voie à des livraisons commerciales fiables dans le cadre de la nouvelle entente.

À propos de CORPORATION CHARBONE

CHARBONE est une entreprise intégrée spécialisée dans l’hydrogène propre à Ultra Haute Pureté (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF) ; sur les marchés OTC (OTCQB: CHHYF) ; et à la Bourse de Francfort (FSE: K47) . Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone :

Copyright (c) 2025 TheNewswire – All rights reserved.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Corporate Update: Option Grants

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

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

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

ABOUT Forte Minerals CORP.

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

On behalf of Forte Minerals CORP.

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

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

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

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

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

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

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

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