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Strong Production of 16,685 Gold Equivalent Ounces ("GEO") for the 3rd Quarter 2026, up 21% from Q3/25Production of 44,942 GEO Year-to-DateExploration is ongoing, with a key focus now on the Falcon property to support resource growth for a new Preliminary Economic Assessment targeted for late Q1 2027Full-year 2026 production is now expected at the upper end of annual guidance of 50,000 to 60,000 GEO TORONTO, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V: CERT] [OTCQX: CRDOF] ("Cerrado" or the "Company") reports production results for the third quarter ended September 30, 2026 ("Q3 2026") from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina ("MDN"). Full quarterly financial results are expected to be released prior to November 23, 2026.

Q3 Operating Highlights

Q3 production of 16,685 GEO, up 21% from 13,832 GEO in Q3 2025. Year-to-date production of 44,942 GEO, up 23% from 36,432 GEO in the comparable 2025 periodHeap leach production remained steady at 9,649 GEO in the quarter, similar to Q2 2026CIL production increased to 7,036 GEO in Q3, primarily driven by the selective routing of high-grade Calandrias feed to the Martinetas mill rather than the heap leach pad Operations in Q3 2026 delivered continued strong production, reflecting improvements completed over the past year. Heap leach operations continued to benefit from the resolution of prior irrigation issues and improvements to the crushing circuit. The new crushing plant is undergoing commissioning and is expected to support increased feed delivery to the pad. The new tailings dam is now operating and provides approximately five years of capacity at planned operating rates. The new heap leach pad is expected to be completed by late Q1 2027 and will provide 12 million tonnes of additional capacity.

Higher gold prices have enabled MDN to incorporate additional low-grade material into the heap leach feed, improving resource utilization. At the same time, selected high-grade Calandrias material originally earmarked for the pad has been redirected to the Martinetas CIL mill to achieve higher recoveries. This material therefore contributes to CIL production rather than heap leach production, and performance should be considered across the combined operation.

Selected high-grade material from Calandrias, generally above 2.5 g/t gold, was transported to Martinetas for CIL processing rather than placing it on the heap leach pad. Routing decisions are supported by laboratory bottle-roll testing on milled samples, with some selected material achieving gold recoveries of up to 95%, compared with approximately 60% expected through heap leaching as outlined in the current NI 43-101 technical report for MDN. These are laboratory results for selected material, rather than overall plant recovery. The additional gold recovered provides an economic benefit, even after accounting for higher processing and transportation costs.

The focus on underground development continued during the quarter, with higher amounts of fresh feed becoming available toward quarter-end. Additional underground mineralized material is expected in Q4 2026, supporting increased production in the second half of 2026 compared with the first half. Underground operations continue to alternate between development and feed extraction as the workings follow the mineralized material zone deeper beneath the Paloma pit.

Cerrado is now expecting to be at the high end of its annual guidance range of 50,000 to 60,000 GEO.

Table 1. Key Operating Information

Key Operating Information  2024
2025
2025
2026
2026
Operating DataUnitJan to DecQ1 2025Q2 2025Q3 2025Q4 2025Jan to DecQ1 2026Q2 2026Q3 2026Jan to SeptHeap Leach Operations           Ore Minedktonnes1,280 659 550 759 816 2,784 785 832 1,150 2,768 Waste Minedktonnes3,215 1,024 998 1,001 1,131 4,155 984 1,082 1,116 3,182 Total Minedktonnes4,494 1,683 1,549 1,760 1,947 6,939 1,769 1,914 2,266 5,949 Strip ratiowaste/ore2.51 1.56 1.81 1.32 1.39 1.49 1.25 1.30 0.97 1.15 Mining ratetpd12,313 18,699 17,207 19,133 21,166 19,063 19,656 21,035 24,630 21,792             Ore PAD FeedKtonnes1,538 693 724 793 863 3,073 801 810 905 2,516 Head Grade Aug/t0.73 0.80 0.86 0.81 0.79 0.81 0.85 0.84 0.89 0.86 Head Grade Agg/t10.41 15.95 12.13 11.68 13.59 13.29 12.22 4.96 9.01 8.73 Recovery Au%34% 39% 37% 47% 32% 39% 33% 39% 33% 35% Recovery Ag%10% 8% 15% 24% 16% 16% 26% 76% 31% 37%             PAD Throughputtpd4,214 7,700 7,953 8,621 9,380 7,700 8,904 8,897 9,945 9,250 Gold ounces producedoz12,277 6,897 7,442 9,605 6,982 30,926 7,257 8,437 8,453 24,146 Silver equivalent ounces producedoz633 331 422 824 856 2,432 1,530 1,544 1,196 4,269 Gold Geo Producedoz12,911 7,228 7,864 10,429 7,838 33,358 8,787 9,981 9,649 28,417 High Grade CIL Operations           Ore Minedktonnes218 11 - - 28 39 16 23 24 64 Waste Minedktonnes5,027 60 - - 28 88 22 21 24 67 Total Minedktonnes5,245 71 - - 56 127 39 44 48 131 Strip ratiowaste/ore23.08 5.23   1.00 2.22 1.36 0.88 1.00 1.05 Mining ratetpd14,369 788 - - 611 349 430 485 525 480.11             Ore MilledKtonnes348 92 97 93 93 374 102 100 101 302 Head Grade Aug/t3.99 1.51 1.18 1.31 2.15 1.53 1.34 1.53 2.29 1.72 Head Grade Agg/t9.49 6.44 9.71 7.98 16.66 10.21 8.38 11.15 11.63 10.38 Recovery Au%90% 92% 84% 86% 86% 87% 89% 90% 90% 89% Recovery Ag%59% 54% 62% 55% 52% 55% 52% 64% 70% 63%             Mill Throughputtpd952 1,017 1,076 1,006 1,009 1,027 1,131 1,096 1,093 1,107 Gold ounces producedoz40,861 3,821 3,378 3,253 5,626 16,078 3,740 5,079 6,607 15,426 Silver equivalent ounces producedoz722 115 195 150 342 802 315 355 430 1,099 Gold Geo Producedoz41,583 3,936 3,573 3,403 5,968 16,880 4,055 5,434 7,036 16,525 Consolidated Gold Production           Gold Geo Producedoz54,494 11,163 11,437 13,832 13,806 50,238 12,842 15,415 16,685 44,942 Gold Geo Soldoz52,058 11,468 10,886 12,896 13,627 48,877 12,415 15,537 16,187 44,139 Average realized price per gold ounce sold$/oz2,226 2,520 2,684 3,182 3,401 2,970 4,235 4,184 4,256 4,231              Note: Gold Equivalent Ounces calculated as Gold Ounces + (Silver ounces x Silver price)/Gold price

Mark Brennan, CEO and Chairman, commented, “We are very pleased to see continued strong operational performance at MDN, with both CIL and Heap Leach operations performing exceptionally. We continue to generate strong cash flows that support our key growth initiatives to extend mine life and increase production as we move forward. We are currently positioning the Company to combine the results from our ongoing exploration programs and the expected resource growth from our recent regional acquisitions to complete a new Preliminary Economic Assessment by the end of Q1 2027. The primary objective will be delivering a new consolidated mine plan with an extended mine life and an increased production profile.”

Preliminary Economic Assessment Progressing        

As the Company continues to advance its exploration program at MDN and drills out the potential resources from the recently acquired Falcon and Calandrias II properties, the Company continues with its plans to complete a new, third-party, independent Preliminary Economic Assessment (“PEA”) by late Q1 2027. The Preliminary Economic Assessment is expected to incorporate resources anticipated to be outlined for both heap leach production and production via the CIL plant. The objective of the new PEA is to demonstrate the anticipated growth in MDN’s mineral resource base, the corresponding extension in mine life, and the potential to increase production rates. Over the last two years, MDN has invested heavily in creating twin production streams via both the CIL and heap leach production routes. The CIL and heap leach facilities provide flexibility to process both high- and low-grade material through the most suitable route, based on metallurgical performance and economics. Combined with surface and underground mining capability, this allows MDN to draw on multiple feed sources and optimize the overall production mix.

Exploration work continued throughout the quarter across the existing property and in the recently acquired Falcon area. Sampling and mapping have been initiated, and diamond drilling has commenced in these new areas. Given the extent of existing drilling and the level of work completed at Falcon and other areas to date, the planned drill program is intended to test the potential to add mineral resources to support the expansion of heap leach operations. The Company expects to complete the drill program and associated testing is expected before year-end to be included in the PEA. Exploration drilling will continue thereafter. Further regional consolidation remains a key corporate strategy objective.

Review of Technical Information

The scientific and technical information in this press release has been reviewed and approved by Andrew Croal, P.Eng., Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101.

   About Cerrado

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mines in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamau, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ("MDN") operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Massif.

In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near the deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by existing infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cash flow generation potential.

In Canada, Cerrado is developing its 100% owned Mont Sorcier high-purity, high-grade, Direct Reduced Iron project, located on the traditional Cree territory of Eeyou Istchee James Bay in the municipality of Chibougamau. The Mont Sorcier project has the potential to produce a premium iron concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high-grade and high-purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals.

For more information about Cerrado, please visit our website at: www.cerradogold.com.

Mark Brennan                        
CEO and Chairman        

Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
[email protected]                                

Disclaimer and Cautionary Note Regarding Forward-Looking Information

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statements that discuss predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado; production guidance and targets for 2026, including the expectation that full-year 2026 production will exceed 60,000 GEO and that production in the second half of 2026 will exceed the first half; the availability of additional underground mineralized material in Q4 2026; the commissioning of the new crushing plant and its expected effect on delivery to the heap leach pad; the capacity of the new tailings facility; the timing of completion and the capacity of the new heap leach pad; the incorporation of lower-grade material into heap leach feed; the routing of higher-grade Calandrias material to the Martinetas CIL plant and the expected recoveries and economic benefit of doing so; expected cash flow generation; the timing, scope and anticipated results of the new PEA, including a consolidated mine plan with an extended mine life and an increased production profile, for which no assurance is provided; the timing, completion and results of exploration and drilling at MDN, Falcon and Calandrias II, and their potential to add mineral resources; future regional consolidation; the expected timing of release of the Company’s Q3 2026 financial results; and the potential of the Lagoa Salgada and Mont Sorcier projects.

In making these forward-looking statements, Cerrado has made certain assumptions, including: gold and silver prices and foreign exchange rates consistent with current levels; mining, processing and recovery performance consistent with recent results and laboratory testwork; the timely commissioning of the crushing plant and completion of the new heap leach pad on schedule and on budget; continued access to underground mineralized material as planned; the availability of drilling contractors, assay laboratories and the independent consultants engaged to prepare the PEA; exploration results consistent with management’s expectations; and stable political, economic, fiscal and regulatory conditions in Argentina, including with respect to permitting, import controls and currency controls.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially, including: gold and silver price volatility; variations in grade, recovery and throughput; delays or cost overruns in construction and commissioning; equipment, labour, supply chain or weather disruptions; the risk that exploration does not outline additional mineral resources or that the PEA does not support an extended mine life or higher production; the speculative nature of a PEA, which may include inferred mineral resources; political, economic, inflation, currency and regulatory risks in Argentina; the risks associated with operating MDN without a feasibility study of mineral reserves demonstrating economic and technical viability; and the other risks described under “Risks & Uncertainties” in the Company’s MD&A and other filings with the Canadian securities regulators. Although Cerrado believes these assumptions are reasonable, it can give no assurance that the expectations in any forward-looking statement will prove correct. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Geo Group (NYSE:GEO – Get Free Report) and Bridger Aerospace Group (NASDAQ:BAER – Get Free Report) are both industrials companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, dividends and analyst recommendations.

Profitability This table compares Geo Group and Bridger Aerospace Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Geo Group 10.31% 10.42% 4.14% Bridger Aerospace Group -10.77% N/A -3.89% Analyst Ratings This is a breakdown of current ratings for Geo Group and Bridger Aerospace Group, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Geo Group 0 1 4 1 3.00 Bridger Aerospace Group 1 1 3 0 2.40 Geo Group currently has a consensus price target of $40.00, suggesting a potential upside of 39.65%. Bridger Aerospace Group has a consensus price target of $3.67, suggesting a potential upside of 610.32%. Given Bridger Aerospace Group’s higher probable upside, analysts clearly believe Bridger Aerospace Group is more favorable than Geo Group. Institutional & Insider Ownership 76.1% of Geo Group shares are held by institutional investors. Comparatively, 48.9% of Bridger Aerospace Group shares are held by institutional investors. 5.0% of Geo Group shares are held by company insiders. Comparatively, 16.4% of Bridger Aerospace Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk Geo Group has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500. Comparatively, Bridger Aerospace Group has a beta of 0.36, meaning that its share price is 64% less volatile than the S&P 500.

Valuation and Earnings This table compares Geo Group and Bridger Aerospace Group”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Geo Group $2.63 billion 1.43 $254.37 million $2.12 13.51 Bridger Aerospace Group $122.83 million 0.24 $4.14 million ($0.85) -0.61 Geo Group has higher revenue and earnings than Bridger Aerospace Group. Bridger Aerospace Group is trading at a lower price-to-earnings ratio than Geo Group, indicating that it is currently the more affordable of the two stocks.

Summary Geo Group beats Bridger Aerospace Group on 13 of the 15 factors compared between the two stocks.

About Geo Group (Get Free Report)

The GEO Group, Inc. (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects. The company was founded in 1984 and is based in Boca Raton, Florida.

(Get Free Report)

Bridger Aerospace Group Holdings, Inc. provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires. The company also provides aerial surveillance services, including fire suppression aircraft over an incident and tactical coordination with the incident commander through its manned and unmanned aircraft. It operates an aircraft fleet of 18 planes. The company was founded in 2014 and is headquartered in Belgrade, Montana.

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Geo Group (GEO - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

As such, the Zacks rating upgrade for Geo Group is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Geo Group imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Geo GroupFor the fiscal year ending December 2026, this private prison operator is expected to earn $1.33 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Geo Group. Over the past three months, the Zacks Consensus Estimate for the company has increased 10.8%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Geo Group to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

ROAD TOWN, British Virgin Islands, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ: AUGO and B3: AURA33) (“Aura” or the “Company”) is pleased to announce Q3 2026 preliminary production results from the Company’s six operating mines: Aranzazu, Apoena, Minosa, Almas, Borborema and MSG (“Mineração Serra Grande”). Total production in Q3 2026, at current prices, reached 95,557 gold equivalent ounces (“GEO”)1, record high production, with 27% increase compared to the previous quarter and 29% higher when compared to Q3 2025. At constant prices2, Aura’s quarterly production increased by 26% compared to Q2 2026 and increased 25% above Q3 2025. In Q3 2026, sales totaled 93,742 GEO, a 20% increase compared to Q2 2026. On a comparable basis (excluding MSG), sales increased 7% compared to the same period last year, mainly due to higher sales at Borborema and Aranzazu. Including MSG, total sales increased 25% YoY.

In the nine months of 2026 (9M 2026), Aura produced 253,131 GEO at current prices and 255,268 GEO at constant prices, representing a 26% increase at constant prices compared to the same period of 2025 and marking the highest 9M production in the Company's history. During the period, Aura sold 253,414 GEO, up 13% excluding MSG and 28% year-over-year with MSG. Over the last twelve months, at current prices, Aura produced 335,198 GEO, another record high and an increase of 27% compared to the twelve-month period of Q3 2025.

Rodrigo Barbosa, CEO and President commented: “As expected, Q3 was a clear step up from Q2, and with the further increase we expect in Q4 we remain on track to meet our full-year guidance. The highlight was MSG, where production rose 85% as the turnaround advanced: underground development moved quickly, and we have already started blending lower-grade stockpile with higher-grade ore from underground under the bottom-up method. Also as planned, Borborema delivered a strong quarter on higher grades and higher throughput, and Aranzazu on higher grades. Into Q4, development at Apoena’s Nosde pit to reach the higher-grade areas is on plan despite the lower Q3 result; at Minosa, stacking volumes had already returned to normal levels during Q3, setting the mine up for improved production in Q4 after the lower result tied to the earlier increase in leach-pad stacking height; Borborema should keep lifting throughput as we debottleneck the filter; at Almas, the plant-capacity expansion is still underway, with higher ore feed already showing through while mine sequencing moves into higher-grade areas; and we will keep advancing the MSG turnaround, alongside improvements at the other operations. At Era Dorada, construction remains on time and on budget, at 13.1% overall physical progress: earthworks on the operational plateau are complete, civil works for the mill and CIP tanks are advancing as planned, and main equipment has been contracted. Underground development is underway, with the contractor 60% mobilized, delineation drilling in progress, and mine refrigeration and underground equipment already on site"

Q3 2026/ 9M 2026 Highlights:

At Aranzazu, production reached 24,920 GEO in Q3 2026, up 39% QoQ, mainly reflecting higher grades in line with mine sequencing and favorable metal price dynamics in the GEO conversion. The average realized copper price increased 6% QoQ to $6.46/lb (vs. $6.09/lb in Q2 2026), while the average realized gold price decreased 3% to $4,285/oz (vs. $4,416/oz in Q2 2026). Compared with Q3 2025, production increased 16%, also supported by higher grades and favorable metal prices. At constant prices3, Aranzazu production was 35% higher when compared to Q2 2026, explained by higher grades from mine sequencing, while YoY the production was 6% higher. For 9M 2026, production totaled 58,497 GEO at current prices, down 9% from 64,271 GEO in 9M 2025, mainly reflecting lower grades during the first half of the year, partially offset by the strong Q3 performance. At constant prices, production totaled 60,634 GEO, 12% below the 69,040 GEO recorded in 9M 2025, primarily due to lower grades as anticipated. At 2026 Guidance Prices, Aranzazu ended Q3 2026 with a production of 20,552 GEO, 28% higher than Q2 2026. Aranzazu sold 23,250 GEO in Q3 2026, lower than production because the quarter's last shipment was still in transit to the refinery, and 57,232 GEO in 9M 2026.At Minosa, production totaled 13,344 GEO in Q3 2026, 7% lower than Q2 2026 and 26% lower compared to Q3 2025, mainly associated with a decrease in ore plant feed. This reduction is still an effect of the increase in stacking level within the leach pad seen in the previous quarter. In 9M 2026, production totaled 45,027 GEO, a 16% decrease compared to 9M 2025 (53,831 GEO), mainly due to these impacts throughout the year. In terms of sales, Minosa sold 13,577 GEO, 11% lower than Q2 2026 and 24% lower than Q3 2025. In 9M 2026, Minosa sold 46,224 GEO, a 13% decrease compared to the 53,189 GEO sold in 9M 2025.At Almas, production totaled 14,264 GEO in Q3 2026, down 12% from Q2 2026 and 5% from Q3 2025. The decrease in both periods was primarily driven by lower grades, reflecting the processing of additional ore following the plant expansion and in line with the mine sequencing plan. Plant feed increased 31% compared with Q3 2025 and 3% compared with Q2 2026, reflecting the benefit of plant expansion while recovery remained stable at approximately 88%. Processed grade of 0.74 g/t was in line with the mine sequencing plan, resulting in production 12% lower than Q2 2026 and 5% lower than Q3 2025. Mine sequencing moves into higher-grade areas in Q4. In 9M 2026, production totaled 46,232 GEO, up 12% from 41,107 GEO in 9M 2025, as the higher plant feed enabled by the expansion more than offset the impact of lower grades during the period. Almas sold 14,264 GEO in Q3 2026, in line with production, bringing 9M 2026 sales to 46,232 GEO.At Apoena, production totaled 6,865 GEO in Q3 2026, up 20% from Q2 2026, mainly driven by a 27% increase in grade and higher plant feed, reflecting continued advancement of Phase 3 development at the Nosde Pit. During the quarter, the operation completed access to the main higher-grade areas of Phase 3, which were already feeding the plant late in the quarter and will be the primary source of ore in Q4. Compared with Q3 2025, production decreased 26%, primarily due to lower plant feed and lower recovery rates. In 9M 2026, total production was 20,094 GEO, a 24% decrease compared to the same period of last year (26,343 GEO), mainly due to lower ore plant feed and lower grades. In the quarter and in 9M 2026, Apoena sold the same amount as it produced.At Borborema, production totaled 22,842 GEO, a quarterly record for the operation and 60% higher than the previous quarter, representing approximately 24% of Aura’s total production in Q3 2026., The increase was driven by higher grades, up 42% (from 1.16 g/t to 1.65 g/t), reflecting access to higher-grade areas in line with the mine plan. With the improvement of filtering performance, ore plant feed was up 14% QoQ. In 9M 2026, total production was 54,194 GEO. In the quarter, Borborema sold 22,454 GEO, also a quarterly record, totaling 53,602 GEO in 9M 2026.At MSG, production totaled 13,321 GEO, an 85% increase compared to Q2 2026. This increase in production was driven by higher grades, from 0.90 g/t in Q2 2026 to 1.19 g/t in Q3 2026, and higher ore plant feed that increased 28% QoQ, and also an improved recovery +1.9 p.p., to 89.6%. Both the higher grade and the higher ore plant feed were results of the mine's turnaround, with the underground infrastructure and the transition to the bottom-up method advancing according to plan. Following the first half of 2026 focused on mine development, the contribution of these areas to plant feed is expected to increase gradually, in line with the plan to bring MSG to full capacity. In 9M 2026, production reached 29,087 GEO. Regarding sales, MSG sold 13,332 GEO in Q3 2026, totaling 30,030 GEO in 9M 2026. Production Results

Preliminary GEO45 production volume for the three and nine months ended September 30, 2026, when compared to the previous quarter and the same period of the previous year is presented below by operating mine:

 Q3 2026Q3 2025Q2 2026%
change
vs. Q3
2025%
change
vs. Q2
20269M 20269M 2025%
change
vs. 9M
2025Ounces produced (GEO)        Aranzazu24,92021,53417,88216%39%58,49764,271-9%Minosa13,34418,13814,284-26%-7%45,02753,831-16%Almas14,26415,08816,130-5%-12%46,23241,10712%Apoena6,8659,2485,704-26%20%20,09426,343-24%Borborema622,84210,21914,251124%60%54,19412,796324%MSG13,32107,186n.a.85%29,0870n.a.Total GEO produced - Current Prices95,55774,22775,43729%27%253,131198,34728%         Total GEO produced - Constant Prices95,55776,14275,96025%26%255,268203,11526%         Total GEO produced - Guidance Prices91,18873,08373,59825%24%246,341194,26727%
The table below shows production by each type of metal at Aranzazu.

 Q3 2026Q3 2025Q2 2026%
change
vs. Q3
2025%
change
vs. Q2
20269M 20269M 2025%
change
vs. 9M
2025         Gold Production (oz)7,0756,7075,4735%29%17,81620,543-13%Silver Production (oz)146,272141,117109,5494%34%358,330415,335-14%Copper Production (klbs)10,1729,7267,5075%35%24,66528,109-12%Molybdenum Production (Klbs)4110557-61%-28%162163-1%Total GEO produced - Current Prices24,92021,53417,88216%39%58,49764,271-9%         Total GEO produced - Constant Prices24,92023,44918,4056%35%60,63469,040-12%
The chart below displays the consolidated quarterly GEO production measured at current and constant prices since Q1 2023, as well as the last twelve months at the end of each reporting period:

Qualified Person

The scientific and technical information contained in this press release has been reviewed and approved by Farshid Ghazanfari, P.Geo., Geology and Mineral Resources Manager, an employee of Aura and a “qualified person” within the meaning of NI 43-101 and SK-1300.

About Aura 360° Mining

Aura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.

Aura is a company focused on the development and operation of gold and base metal projects in the Americas. The Company's six operating assets include the Minosa gold mine in Honduras; the Almas, Apoena, Borborema and MSG gold mines in Brazil; and the Aranzazu copper, gold, and silver mine in Mexico. Additionally, the Company owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and two projects in Brazil: Matupá, which is under development; and the Carajás copper project in the Carajás region, in the exploration phase.

The information contained in this press release is preliminary in nature and is provided for informational purposes only. It is based on current estimates, assumptions, and expectations, which remain subject to ongoing review, verification, and possible revision. Final Q3 2026 Production Results may differ from those set forth herein, and no assurance is given as to the accuracy or completeness of the information at this stage. Readers are cautioned not to place undue reliance on this preliminary results.

Forward-Looking Information

This press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”) which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Often, but not always, forward-looking statements can be identified by the use of words and phrases such as “plans,” “expects,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved.

Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities and to the Company’s Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) for a discussion of some of the factors underlying forward-looking statements, which include, without limitation, volatility in the prices of gold, copper and certain other commodities, changes in debt and equity markets, the uncertainties involved in interpreting geological data, increases in costs, environmental compliance and changes in environmental legislation and regulation, interest rate and exchange rate fluctuations, general economic conditions and other risks involved in the mineral exploration and development industry as described in filings with Canadian securities regulators and the SEC. Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward-looking statements.

All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

1 Gold equivalent ounces, or GEO, is calculated by converting the production of silver, copper and molybdenum into gold using a ratio of the prices of these metals to that of gold. The prices used to determine the GEO are based on the weighted average price of silver and copper realized from sales at the Aranzazu Mine during the relevant period.
2 Applies the metal sale prices in Aranzazu realized during Q3 2026: Copper price = US$6.46/lb; Gold Price = US$4,285/oz; Silver Price = US$63.25/oz and Molybdenum Price = US$33.05/lb.
3 “Constant Price" is a method of converting our copper, silver and molybdenum production or sales volume into GEO based on fixed metal prices. This approach eliminates the impact of metal price fluctuations, when comparing production or sales figures across different periods. Using constant prices allows for a consistent and meaningful comparison of gold equivalent production or sales over time. It ensures that differences in GEO production or sales between two periods reflect changes in actual physical metal production or metal sales and not changes due to fluctuations in commodity prices among the periods. GEO at constant price for previous period, to be compared to GEO for current period, is copper production or sales volume previous period multiplied by copper prices current period plus silver production or sales volume for previous period multiplied by silver prices from current period plus molybdenum production or sales volume for previous period multiplied by molybdenum prices from current period divided by gold price for current period.
4 The total may not add due to rounding.
5 Applies the metal sale prices in Aranzazu realized at each relevant quarter.
6 Commercial production at Borborema started in the second half of 2025.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9edc138c-36ad-463d-8b51-a668363898c7

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) has delivered a notice of redemption for all of the $650,000,000 in outstanding aggregate principal amount of its 8.625% Senior Secured Notes due 2029 (CUSIP Nos. 36162JAG1 and U32352AF0) (the “2029 Senior Secured Notes”). The redemption of the 2029 Senior Secured Notes will occur on October 15, 2026 (the “Redemption Date”). The redemption price for the 2029 Senior Secured Notes will be equal to $1,043.1.

York Space Systems (York) (NYSE: YSS), a leading, US-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, is expanding its prime integration portfolio into Geosynchronous Earth Orbit (GEO) with the U.S. Space Force’s Tetra 3 and 4 missions (referred to by York as Nemesis), a Resident Space Object (RSO) and Rendezvous and Proximity Operations (RPO) demonstration supporting Space Domain Awareness (SDA) mission sets. York is prime contractor on Tetra 3 and 4, delivering a fully integrated sensor suite to a national security customer the company has not previously supported in this orbital regime. The missions have cleared their Delta Critical Design Review (dCDR), the customer's formal sign-off to proceed to build, and remain on track for spacecraft delivery in the fourth quarter of this year.

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U.S. Space Force’s Tetra 3 and 4 missions, referred to by York as Nemesis.

Nemesis extends York's prime integration model into GEO in support of SDA, adding a ninth unique mission set to the company’s broader portfolio of national defense capabilities. Across its portfolio, York supports missions ranging from assured communications and Synthetic Aperture Radar (SAR) to tactical warfighter support.

"Nemesis shows York can prime, integrate, and deliver against any mission our customers put in front of us, at any orbit," said Michael Lajczok, CTO of York. "That kind of range is what the national security community is asking from industry, and it's where the market is moving."

As prime contractor, York owns the full scope of spacecraft design, sensor integration, and mission execution. Under Tetra 3 and 4, York is integrating a full suite of mission sensors and Government Furnished Equipment (GFE) to execute realistic on-orbit threat presentation, independent range data collection, small satellite technology risk reduction, and experimental payload hosting. Integrated payloads include a Long Wave Infrared (LWIR) camera, a Light Detection and Ranging (LiDAR) sensor capable of ranging resident space objects at 20 kilometers, and a GEO-qualified Global Positioning System (GPS) Side Lobe Receiver.

The dCDR covered the addition of a new propulsion system required for full mission capability. York accommodated it under an accelerated schedule with no structural, thermal, or power impacts to the space vehicle, no impact to launch vehicle integration, and only minor harness and flight software updates.

"Absorbing a late-stage design change of this scope without cascading impacts is a defining requirement for prime integrators supporting national security missions," said Marc Cordova, VP of Programs at York. "Folding a new propulsion system into the baseline and clearing delta CDR on an accelerated schedule is a direct reflection of how York is architected to execute."

Tetra 3 and 4 will demonstrate capabilities that map directly to the priorities driving next-generation national security space architectures: rapid delivery, prime-level integration of complex sensor suites, and mission execution across orbital regimes. The Department of War (DoW) has signaled increased interest in SDA capabilities extending beyond low earth orbit (LEO) into medium earth orbit (MEO) and GEO. In that environment, the ability to field prime-integrated small satellite missions on accelerated timelines is becoming a defining requirement for industry partners and Tetra 3 and 4 positions York among the small number of providers demonstrating that capability at the prime level today, aligned with the SDA-focused programs shaping the DoW’s next-generation architecture priorities.

About York Space Systems

York Space Systems (NYSE: YSS) is a leading, U.S.-based national defense and commercial prime providing a comprehensive suite of mission-critical solutions for national security, government, and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is purpose built to address evolving national security space challenges and to adapt to the ongoing shift in the U.S. government’s mission needs and procurement processes.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of, and we intend such forward-looking statements to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “could,” “emerging,” “expand,” “expect,” “feasibility,” “intend,” “may,” “objective,” “plan,” “potential,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. In particular, statements about the use and execution of our production lot, the health of our spacecraft, our growing participation in next-generation space architectures and expanding mission areas, trends in commercial and government customer demand for specific technologies or mission types, our customers’ plans, and our expectations, beliefs, plans, strategies, objectives, prospects, assumptions, or future events or performance contained in this press release are forward-looking statements.

Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include: any failure of our spacecraft systems and related software to operate as intended, resulting in claims for product failures, schedule delays or other problems with existing or new products; significant competition in the global space and satellite market; our failure to establish and maintain important relationships with government agencies and prime contractors; the scarcity or unavailability of critical components used to manufacture our products or used in our development programs; disruptions in U.S. government operations and funding and budgetary priorities of the U.S. government; the inability to comply with any of our contracts or meet eligibility requirements to obtain certain government contracts; and the other factors set forth in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this press release, whether as a result of new information, future events or otherwise, except as required by law.

References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. York is not responsible for the content of third-party websites.

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DENVER--(BUSINESS WIRE)---- $YSS--York Space Systems is expanding its prime integration portfolio into Geosynchronous Earth Orbit (GEO) with the U.S. Space Force's Tetra 3 & 4 missions.

Law and lobbying firms in Washington, D.C., are telling companies to prepare for a new level of scrutiny, since most modern midterm elections result in some loss of congressional control for the party that holds the White House.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 28th:

Equinor (EQNR - Free Report) : This integrated energy company, which has operations across 30 countries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.

Equinor’s shares gained 36.4% over the last three month compared with the S&P 500’s gain of 4.1%. The company possesses a Momentum Score of A.

Venture Global, Inc. (VG - Free Report) : This company, which is a cost-efficient provider of LNG sourced from rich natural gas basins in North America, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.7% over the last 60 days.

Venture Global’s shares gained 13.5% over the last three month compared with the S&P 500’s gain of 4.1%. The company possesses a Momentum Score of A.

The Geo Group (GEO - Free Report) : This company, which is a diversified government service provider, specializing in design, financing, development and support services for secure facilities, processing centers and community reentry centers principally in the United States, Australia, South Africa and the United Kingdom, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

The Geo Group's shares gained 6% over the last three month compared with the S&P 500’s gain of 4.1%. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Eutelsat and Grupo W Com Expand Long-Term Partnership to Advance Next-Gen Television Services in Mexico Eutelsat (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) today announced the extension and expansion of its long-standing partnership with StarTV, part of Grupo W Com, one of Mexico’s leading direct-to-home (DTH) television providers, for the continued delivery of satellite television and next-gen services via the EUTELSAT 117 West B satellite.

Under the renewed multi-year agreement, StarTV will expand its use of satellite capacity on EUTELSAT 117° West B to support the continued growth of its service portfolio, including direct-to-home television, educational content initiatives, and NVOD (Near Video On Demand) over IP across Mexico. The collaboration reflects the increasing importance of satellite infrastructure in enabling the evolution of television services and digital inclusion throughout the country.

As demand for high-quality content and digital services continues to evolve, Eutelsat’s satellite infrastructure remains a key tool to ensuring reliable, scalable, and wide-reaching service delivery. The agreement reinforces the relevance of the 117° West orbital position as one of the most important video neighborhoods in Mexico and Latin America, supporting broadcasters and operators with high-performance distribution capabilities.

Jean-François Fallacher, CEO of Eutelsat, commented: “This expanded partnership with Grupo W Com demonstrates how satellite continues to evolve alongside the changing video landscape, expanding access to high-quality entertainment and digital services across Mexico, while driving innovation in the country’s television market.”

Jose Aguirré Campos, CEO of Grupo W Com, added: “This partnership has allowed us to not just offer low cost pay TV services in Mexico, but to increase our portfolio of services and innovate in order to have added value in our offer and to differentiate ourselves from our competitors. We strongly believe in reinventing ourselves in an industry that constantly demands it and Eutelsat has been working hand-in-hand with our team to launch new services like the NVOD (Near Video On Demand) via Broadcast, which we believe will help reduce churn and will give our customers a chance to have access to movies and tv shows specially in remote places where there are not any accessible ISPs.”

About Eutelsat
Eutelsat is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. Eutelsat was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 31 Geostationary (GEO) satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites. Eutelsat addresses the needs of customers in four key verticals of Video, where it distributes around 5,800 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat's unique suite of in-orbit assets and ground infrastructure enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and Eutelsat employs more than 1,600 people across more than 75 countries. Eutelsat is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL).
Find out more at www.eutelsat.com

DISCLAIMER
The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group's customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organization's closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions, or circumstances on which any such statements are based, unless so required by applicable law. The information contained in this document is not based on historical fact and should not be construed as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers as reasonable.

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Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 2:

Oscar Health, Inc. (OSCR - Free Report) : This healthcare technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 227.7% over the last 60 days.

Oscar Health's shares gained 45.5% over the last three months compared with the S&P 500’s decline of 2.0%. The company possesses a Momentum Score of A.

Liquidity Services, Inc. (LQDT - Free Report) : This e-commerce marketplace company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.

Liquidity Services’ shares gained 8.9% over the last three months compared with the S&P 500’s decline of 2.0%. The company possesses a Momentum Score of A.

The GEO Group, Inc. (GEO - Free Report) : This government services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

The GEO Group's shares gained 29.4% over the last three months compared with the S&P 500’s decline of 2.0%. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Gold equivalent production of 15,415 Gold Equivalent Ounces (“GEO”) at AISC of $1,933/oz Au during Q2 2026Adjusted EBITDA of $28.2 million for Q2 2026 and Strong Cash Position of $25.3 million at quarter endAnnual Production Guidance of 50,000 to 60,000 GEO reiterated for 2026Preliminary Economic Assessment targeted for Q1/27 supported by ongoing exploration program and recent property acquisitions expected to support resource growth leading to increased mine life and a structural increase in production levels Continued progress at both the Lagoa Salgada and Mont Sorcier projectsManagement to host conference call on August 19th, 11:00 AM EDT TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V:CERT][OTCQX:CRDOF; FRA:BAI0] (“Cerrado” or the “Company”) announces its operational and financial results for the second quarter ended June 30, 2026 (“Q2/26”), including its Minera Don Nicolas (“MDN”) gold mine in Santa Cruz Province, Argentina, its Lagoa Salgada Polymetallic Project in Portugal, and its Mont Sorcier High Purity DRI Iron Project in Quebec.

Production results for MDN were previously released on July 13, 2026. The Company’s financial results are reported and available on SEDAR+ (www.sedarplus.com) and the Company’s website (www.cerradogold.com).

Q2/26 MDN Operating Highlights:

Q2 Production of 15,415 vs 11,437 GEO in Q2 2025 and 12,842 in Q1 2026Heap leach production of 9,981 GEO in Q2 2026; continues to increase Underground development work continues at an accelerated pace supporting higher production expected in H2/26CIL plant continues to process a blend of stockpile material and additional ore from underground development, resulting in total production of 5,434 GEO in Q2 Operational results for Q2 2026 continued the trend of increasing production relative to the previous quarters. Production rates increased at the heap leach operations versus the previous quarter as irrigation issues subsided and more crushed material was placed on the heap leach pads, benefiting from recent improvements in the crushing circuit. As more water for irrigation becomes available, all the gold inventory placed on the pad earlier should be recovered over time. Average gold recovery rates remained lower than expected due to the mix of primary ore placed on the leach pads due to mine sequencing, while silver recoveries improved significantly versus the prior quarter. CIL production remained steady, supporting overall production levels. Unit costs per ounce of gold sold were $1,933/oz Au, an increase compared to the prior year primarily as a result of the initial effect of cost-cutting measures and increased labor costs in Argentina.

The focus on underground development continued during the quarter, which reduced the ore available for immediate processing, but increased development will allow access to greater amounts of ore in future quarters and is expected to lift production and improve head grades to the plant over the balance of the year. During 2026, underground ore operations are expected to follow a cycle of development and then ore extraction, as the underground workings follow the ore zone deeper under the current pit.

The Company continues to advance its exploration program at MDN, focused on near-mine targets with the potential to materially extend resources and mine life. This includes supporting medium-term operational sustainability through high-grade underground feed to the CIL plant, as well as increasing resources available for heap leach processing. A new underground drill rig arrived on site in July and should accelerate underground exploration.

At MDN, the company is planning to complete a new Preliminary Economic Assessment and Mineral Resource Estimate in Q1/27 to incorporate results from the ongoing exploration program and recent property acquisitions adjacent to MDN. This is expected to demonstrate an enhanced mine life and growing production profile.

At Lagoa Salgada, the Company continued to work on the Optimized Feasibility Study (OFS) while progressing permitting and project financing activities. Due to permitting uncertainty, workflows have slowed during the period but are positioned to accelerate when appropriate. In June 2026, the court ruled in favour of the Company’s Portuguese subsidiary and granted it an injunction which has the effect of suspending the effects of the unfavorable opinion relating to environmental permitting. Legal proceedings relating to the principal case pertaining to environmental permitting remain ongoing. As a result, the timing of completion of the OFS is expected to be delayed somewhat pending more clarity on permitting issues.

In Canada, at the Company’s Mont Sorcier High-Grade 67% Iron project, work continued on the delivery of a Bankable Feasibility Study (BFS). As the BFS progressed, the Company identified several opportunities to further optimize project economics and reduce both capital and operating costs, despite ongoing industry-wide inflation. A number of trade-off studies are expected to be completed to evaluate and capture these improvements. As such, the BFS is now targeted for completion in H1/27 (see Press Release dated July 15, 2026).

The most significant opportunity to enhance the project is to convert a modest amount of currently Inferred Resources to Measured Resources within a defined area to the east of the current planned pit. The material in this region is expected to be shallower and should reduce stripping and tailings management costs over the life of mine. As a result, the Company will undertake a small, targeted definition drill program in Q3/26 so that any resources which may be converted from inferred to measured may be incorporated into the optimized mine plan. Additional trade-off studies will also be undertaken on product quality and an overall review of OPEX and CAPEX estimates in light of ongoing inflation. Work on the Environmental and Social Impact Assessment ("ESIA"), which is still expected to be filed in Q2/ 2027, remains ongoing, albeit there is some risk to this timing. We note that recent comments by policymakers indicate a desire to accelerate the permitting process; however, no clear timeline for how this will impact Mont Sorcier is available at this time.

The Mont Sorcier project is being designed as an 8 Mtpa concentrate operation, compared with 5 Mtpa in the PEA, to reflect strong demand for high-grade iron concentrates with low silica and alumina suitable for the direct reduction iron (DRI) or pellet feed markets, the fastest-growing segments of the iron ore market for which premium prices are expected. Development is expected to occur in two phases, with Phase 1 producing 4 Mtpa and a second 4 Mtpa expansion targeted approximately three years after start-up.

Mark Brennan, CEO and Chairman, commented, "Positive results for the second quarter continued to benefit from recent operational improvements at MDN, highlighting growing production and strong cash flows for the quarter. We expect this to be sustained going forward, given the previously discussed operational upgrades, sustained high gold prices, and our unhedged gold position. The strong cash flow generated from operations continues to support our growing cash balance, while we continue to see benefits from recent cost-cutting measures despite significant wage inflation pressure in Argentina. Our full year production looks increasingly likely to come in at the higher end of guidance as we see continued strong production month over month.”

Q2 Financial Performance

Table 1. Q2 2026 Operational and Financial Performance 

    Three Months Ended June 30
Six months ended June 30Key Operating Information Unit 2026  2025  2026  2025  Operating Data       Heap Leach Operations        Ore Mined ktonnes 832.24  550.39  1,617.39  1,209.07  Waste Mined ktonnes 1,081.93  998.26  2,065.86  2,022.51  Total Mined ktonnes 1,914.17  1,548.65  3,683.25  3,231.57  Strip Ratio waste/ore 1.30  1.81  1.28  1.67  Mining rate ktpd 21.03  17.21  20.35  17.95           Ore placed on pad ktonnes 809.64  723.71  1,611.01  1,416.71  Head Grade Au g/t 0.84  0.86  0.84  0.83  Head Grade Ag g/t 4.96  12.13  8.57  14.00  Recovery Au % 39%  37%  36%  38%  Recovery Ag % 76%  15%  41%  11%           Gold Ounces Produced oz 8,437  7,442  15,693  14,339  Silver Ounces Produced oz 98,207  28,283  180,720  57,949  Gold Equivalent Ounces Produced oz 9,981  7,864  18,768  15,092           High Grade CIL Operations        Ore Mined ktonnes 23.47  -  39.89  11.39  Waste Mined ktonnes 20.63  -  42.91  59.54  Total Mined ktonnes 44.10  -  82.80  70.93  Strip Ratio waste/ore 0.88  -  1.08  5.23  Mining rate ktpd 0.48  -  0.46  0.39           Ore Milled ktonnes 99.76  96.83  201.53  188.35  Head Grade Au g/t 1.53  1.18  1.43  1.34  Head Grade Ag g/t 11.15  9.71  9.75  8.12  Recovery Au % 90%  84%  89%  88%  Recovery Ag % 64%  62%  59%  59%           Mill Throughput tpd 1,096  1,076  1,113  1,046  Gold Ounces Produced oz 5,079  3,378  8,820  7,199  Silver Ounces Produced oz 22,524  18,673  39,557  28,971  Gold Equivalent Ounces Produced oz 5,434  3,573  9,489  7,509                    Consolidated Gold Production        Gold Ounces Produced oz 13,516  10,820  24,513  21,538  Silver Ounces Produced oz 120,731  46,956  220,277  86,920  Gold Equivalent Ounces Produced oz 15,415  11,437  28,257  22,601  Gold Ounces Sold oz 13,628  10,301  24,314  21,293  Silver Ounces Sold oz 121,460  56,839  215,408  99,462  Gold Equivalent Ounces Sold oz 15,537  10,886  27,952  22,354           Average realized price and Average realized margin        Metal Sales $ 000's 64,558  29,585  117,577  58,401  Cost of Sales $ 000's 41,646  23,352  70,692  49,904  Gross Margin from Mining Operations $ 000's 22,912  6,233  46,885  8,497           Average realized price per gold ounce sold(1)$/oz 4,184  2,684  4,206  2,599  Total cash costs per gold ounce sold(1)$/oz 1,783  1,770  1,560  1,838  Average realized margin per gold ounce sold(1)$/oz 2,401  914  2,646  761           Total Direct Operating Costs(1)$ 000's 22,188  17,713  34,393  37,422  Royalties and production taxes(1)$ 000's 2,106  521  3,544  1,717  Total Cash Costs(1)$ 000's 24,294 $18,234 $37,937 $39,139           Total direct operating costs per gold ounce sold(1)$/oz 1,628  1,720  1,415  1,757  Royalties and production taxes per gold ounce sold(1)$/oz 155  51  146  81  Total cash costs per gold ounce sold(1)$/oz 1,783 $1,770 $1,560 $1,838           AISC - Minera Don Nicolas(1)$/oz 1,933 $1,779 $1,680 $1,858 (1)   This is a non-IFRS performance measure, see non-IFRS Performance Measures
                      Three Months Ended June 30
Six months ended June 30Corporate Financial Highlights Unit 2026  2025  2026  2025           Financial Data        Total revenue $ 000's 64,558  29,585  117,577  58,401  Mine operating expenses $ 000's 41,646  23,352  70,692  49,904  Income from mining operations $ 000's 22,912  6,233  46,885  8,497  Net income (loss) from operations $ 000's 9,156  1,226  22,037  (2,926) Adjusted EBITDA(1)$ 000's 28,195  7,353  56,934  12,171  Operating cash flow before movements in working capital(1)$ 000's 20,022  5,573  40,395  10,999  Operating cash flow $ 000's 11,593  1,413  28,808  8,852  Cash and cash equivalents $ 000's 25,290  5,705  25,290  5,705  Working capital (deficiency) $ 000's (1,572) (11,497) (39,142) (24,516) Capital Expenditures $ 000's 23,196  2,881  40,105  6,173 (1) This is a non-IFRS performance measure, see non-IFRS Performance Measures
          The Company produced 15,415 gold equivalent ounces (“GEO”) during the three months ended June 30, 2026, as compared to 11,437 GEO for the three months ended June 30, 2025. In the period ended June 30, 2026, heap leach production was 27% higher compared to the prior year due to significantly higher silver production and 85,940 additional tonnes placed on the pad.

The Company generated revenue of $64.6 million for the three months ended June 30, 2026, from the sale of 13,628 ounces of gold and 121,460 ounces of silver at an average realized price per gold ounce sold of $4,184 and average realized price per silver ounce sold of $62. For the three months ended June 30, 2025, the Company generated revenue of $29.6 million from the sale of 10,301 ounces of gold and 56,839 ounces of silver. Revenue is higher for the three months ended June 30, 2026, as compared to the three months ended June 30, 2025, due primarily to higher average realized gold and silver prices, as well as 43% higher GEO ounces sold.

Cost of sales for the three months ended June 30, 2026, were $41.6 million as compared to $23.4 million for the three months ended June 30, 2025. The Company incurred $10.0 million higher production costs for the three months ended June 30, 2026, primarily as a result of an increase in labour and fuel costs. Additionally, the Company incurred a $1.6 million increase in sales expenses and a $6.6 million increase in depreciation expenses compared to 2025, primarily due to an increase in production.

Total cash costs (including royalties) per ounce sold was $1,783 per ounce in the three months ended June 30, 2026, as compared to $1,770 per ounce for the three months ended June 30, 2025 (refer to reconciliation of Non-IFRS performance metrics).

Net income from operations for the three months ended June 30, 2026, was $9.2 million as compared to a net income of $1.2 million for the three months ended June 30, 2025. The increase in net income is primarily a result of a $35.0 million increase in revenue and an increase in other income of $7.9 million, offset by higher cost of sales of $18.3 million and higher taxes of $13.1 million.

The Company incurred general and administrative expenses of $6.3 million for the three months ended June 30, 2026, compared with the $2.8 million of general and administrative expenses incurred during the three months ended June 30, 2025. The increase is primarily as a result of an increase in share-based compensation of $2.2 million compared to 2025.

Other income of $6.5 million during the three months ended June 30, 2026, includes a gain on the remeasurement of MDN stream obligation of $5.8 million and a foreign exchange gain of $2.5 million, offset by finance expense of $0.7 million and loss on fair value remeasurement of Ascendant secured note and stream obligation of $1.1 million.

Outlook

Looking towards the remainder of 2026 and beyond, Cerrado anticipates Heap Leach operations to continue to benefit from the recent improvements in crushing infrastructure to grow and improve production rates. At the CIL plant, the focus remains on increasing the volume of underground high-grade ore, supporting increased production rates from the plant, and supplementing the lower-grade stockpiles. Combined, these are expected to support higher production rates in the second half of the year and generate strong cash flows, given the current gold price environment and our now unhedged gold position.

The Company maintains its 2026 annual production guidance of 50,000 – 60,000 GEO. Management continues to expect overall costs to decline as production continues to ramp up in the coming quarters.

Exploration and resource growth remain a key focus at MDN to extend the mine life. During Q2/26, all four new drill rigs remained in operation. The underground drilling has recently commenced and should accelerate underground resource growth. Furthermore, the Company continues to work to certify the lab on site, which will help shorten assay times. The focus at MDN remains on growing the known resources at MDN beyond those outlined in the current Mineral Resource Estimate (“MRE”). The Company expects to be in a position to provide a summary of results in the near term once complete assays have been received and, as indicated, plans to complete a new Preliminary Economic Assessment and Mineral Resource Estimate in Q1/27 to incorporate the results from the ongoing exploration program and to incorporate the recent property acquisitions around MDN. This is expected to demonstrate an enhanced mine life and growing production profile.

Subsequent to quarter end, on July 20, 2026, the Company announced that it had repurchased for aggregate consideration of approximately $31.34 million the following streaming assets on its properties: (i) the amended and restated metals purchase and sale agreement with Sprott Streaming dated March 2, 2023 in respect of MDN; and (ii) the metals purchase and sale agreement dated November 25, 2022, as amended on December 1, 2023 with Sprott Streaming in respect of Lagoa Salgada, including the secured note in the aggregate principal amount of US$19 million. The transaction closed effective July 17, 2026. (see Press Release dated July 29, 2026, for full details)

Conference Call Registration and Webcast Details

Cerrado Management will host a conference call and Webcast on August 19, 2026, at 11:00 AM EDT to discuss the Q2 2026 Financial and Operational results. The presentation for the call can be found on the investor page on Cerrado Gold’s website at www.cerradogold.com on the morning of August 19, 2026.

Webcast Details

For those who wish to participate via webcast, please navigate to the link below to join:

https://edge.media-server.com/mmc/p/i3275ju2

Conference Call Pre-Registration Details

Pre-Registration for the conference call is required. Participants can preregister for the conference by navigating to:

https://register-conf.media-server.com/register/BIbc25f3d9275044838a3bf2412e7958e0

Participants will receive dial-in numbers and a PIN number to connect directly upon registration completion or can select the “Call Me” feature to receive a call to connect.

IR Service Agreement

The Company also announces that, subject to approval of the TSX Venture Exchange, it will enter into an engagement with ENGAGE360 (the “Consultant”) for strategic marketing and investor relations services to raise Cerrado's investor profile.

The Consultant will assist in marketing the Company to investors and potential investors. The Agreement will be set for an initial term of 2 years with the option to extend based on a successful outcome for a fee of C$7,500 per month. No bonus fees or stock options will be paid to the Consultant. The Consultant is at arm's length to the Company.

The agreement is subject to approval by the TSX.V Exchange.

Review of Technical Information
The scientific and technical information in this press release has been reviewed and approved by Andrew Croal P.Eng, Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101.

About Cerrado

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamau, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Massif.

In Portugal, Cerrado focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near the deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by existing infrastructure, Lagoa Salgada offers a low-cost entry to a significant exploration and development opportunity, already showing its mineable scale and cash flow generation potential.

In Canada, Cerrado is developing its 100% owned Mont Sorcier high-purity, high-grade, Direct Reduced Iron project, located on the traditional Cree territory of Eeyou Istchee James Bay in the municipality of Chibougamau. The Mont Sorcier high purity, high grade DRI Iron project, which has the potential to produce a premium iron concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals.

For more information about Cerrado, please visit our website at: www.cerradogold.com.

Mark Brennan
CEO and Chairman

Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
[email protected]

Disclaimer

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.

This press release contains statements that constitute “forward-looking information” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado, future production guidance, expectations that full year production will trend toward the higher end of guidance, expectations regarding exploration success and resource expansion, anticipated continued improvements in operating results, expectations regarding a decline in overall costs as production ramps up, working capital position, future production and grade estimates, the future price of gold, future cash flows, expectations regarding the CIL plant processing lower grade stockpiles and higher grade underground material, the potential for improvement at MDN’s heap leach operation, expectations regarding improvements in operating costs at MDN including reduction in AISC, the expectation of additional capacity being added at the heap leach operation, the potential of underground operation at MDN and the potential for the underground operation to provide a platform for major exploration activities at lower cost, the anticipated timing of completing the feasibility study at the Mont Sorcier project and Lagoa Salgada project, the anticipated timing of completion of a PEA at MDN, anticipated timing to file the ESIA and the political climate relating to permitting in Canada, the anticipated phased development of Mont Sorcier and the timing of an expansion, the potential for a construction decision at Lagoa Salgada, the expected timing and likelihood of receiving approval of the environmental impact assessment at Lagoa Salgada, and the anticipated outcome and impact of ongoing legal proceedings relating to environmental permitting at Lagoa Salgada. In making the forward-looking statements contained in this press release, Cerrado has made certain assumptions, including assumptions regarding the future price of gold and silver, exchange rates, anticipated costs, mine production rates, recovery rates, and the receipt of required regulatory approvals on acceptable terms. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, general business, economic, competitive, political and social uncertainties, fluctuations in gold and silver prices, currency exchange rate volatility, risks related to permitting and environmental regulation (including the outcome of ongoing legal proceedings at Lagoa Salgada), labour cost inflation in Argentina, the uncertainty of resource estimates and the conversion of mineral resources, risks inherent in mining operations, and delays in the completion of feasibility studies and environmental assessments. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

Photos accompanying this announcement are available at
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Key Takeaways OptimumBank Holdings, EuroDry and Enova surged 67.5%, 64.1% and 54% in four weeks. Enova's second-quarter originations rose 27% to $2.3 billion, marking 11th straight quarter of 20% growth.Anika Therapeutics posted a 43.7% four-week gain, with expected current-year earnings growth above 100%. U.S. stock markets returned to a northward journey after a mixed June and July. In the first week of August, the Dow, the S&P 500 and the Nasdaq Composite rallied 3%, 3.6% and 5.2%, respectively. All three major stock indexes posted their best weekly performances since April. The Dow and the S&P 500 are currently hovering around their all-time highs. 

As a result, several stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. These stocks have a high chance of carrying the momentum forward.

Five such stocks are — OptimumBank Holdings Inc. (OPHC - Free Report) , EuroDry Ltd. (EDRY - Free Report) , Enova International Inc. (ENVA - Free Report) , Anika Therapeutics Inc. (ANIK - Free Report) and The GEO Group Inc. (GEO - Free Report) .

If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

Screening Parameters:Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks.

Percentage Change Price (12 Weeks) greater than 10: This indicates that the stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period.

Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.

Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock’s future performance.

Current Price greater than 5: The stocks must all be trading at a minimum of $5.

Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.

Just these few criteria narrowed down the search from over 7,700 stocks to 14.

Let’s discuss five out of those 14 stocks here:

OptimumBank offers real estate lending and retail banking products to individuals and businesses in Broward, Dade and Palm Beach Counties. OPHC provides various consumer and commercial banking services to individuals and businesses.

OPHC also offers multi-family real estate, residential and commercial real estate, land and construction loans, commercial loans and consumer loans for various purposes and deposit account collateralized loans. 

The stock price of OPHC has soared 67.5% over the past four weeks. The company has expected earnings growth of 39.4% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 16.5% over the last 30 days.

EuroDry is an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes. EDRY owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, and minor bulks, including bauxite, phosphate, and fertilizers.

The stock price of EDRY has jumped 64.1% in the past four weeks. It has an expected earnings growth rate of more than 18.6% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 10.3% over the last 30 days.

Enova lending platform continued to expand across both core categories in the first half of 2026. Second-quarter originations rose 27% year over year to $2.3 billion, marking the 11th consecutive quarter of at least 20% growth. Small business originations increased 29%, supported by ENVA’s established brand presence, scale and diversification across industries and geographies. 

Consumer originations advanced 23% as demand strengthened, particularly for lines of credit and ENVA captured new customers without changing its risk appetite or unit-economics requirements. 

Origination growth is likely to be aided by continued demand from underserved consumers and small businesses, repeat borrowing from newly acquired customers, broader product adoption, and further scaling of the existing platform. ENVA expects 2026 originations to grow 20% from 2025. 

The stock price of Enova has surged 54% in the past four weeks. It has an expected earnings growth rate of 34% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 5.7% over the last 30 days.

Anika Therapeutics is a global, integrated orthopedic medicines company. ANIK aims to improve the lives of patients with degenerative orthopedic diseases and traumatic conditions with clinically meaningful therapies along the continuum of care, from palliative pain management to regenerative cartilage repair. 

ANIK’s orthopedic medicine portfolio includes ORTHOVISC, MONOVISC, and CINGAL, which alleviate pain and restore joint function by replenishing depleted HA, and HYALOFAST, a solid HA-based scaffold to aid cartilage repair and regeneration.

The stock price of Anika Therapeutics has climbed 43.7% in the past four weeks. It has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved more than 100% over the last 30 days.

The GEO Group is a diversified government service provider, specializing in design, financing, development and support services for secure facilities, processing centers and community reentry centers principally in the United States, Australia, South Africa and the United Kingdom.

The stock price of GEO has rallied 33.9% in the past four weeks. It has an expected earnings growth rate of 48.8% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 6.7% over the last seven days.

GEO Group: High-Risk Stock With High-Reward PotentialGeo Group NYSE: GEO reported higher second-quarter results as revenue from contracts awarded in 2025 increased, while the company raised its full-year earnings and adjusted EBITDA outlook.

Revenue for the second quarter of 2026 rose 15% to approximately $732.1 million from $636.2 million a year earlier, Chief Financial Officer Shayn March said. Net income attributable to GEO operations increased 63% to approximately $47.5 million, or $0.36 per diluted share, compared with $29.1 million, or $0.21 per share, in the prior-year quarter. Adjusted EBITDA rose 20% to approximately $142 million.

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Chairman, Chief Executive Officer and Founder George Zoley said the performance reflected the ramp-up of contracts entered into during 2025, when GEO was awarded new or expanded business representing up to approximately $520 million in annual revenue.

ICE contracts and detention capacity GEO said it entered into new contracts during 2025 to house U.S. Immigration and Customs Enforcement detainees at four facilities, representing approximately $280 million in annual revenue and roughly 6,000 beds. The company’s active ICE bed count is now approximately 27,000 beds, with current census across those facilities at about 24,000.

Zoley said ICE’s overall population was approximately 68,000 people across 225 locations, primarily short-term jail facilities. GEO experienced a 20% increase in ICE populations over the prior six weeks after passage of the Secure America Act restored baseline appropriations for ICE and Customs and Border Protection following a partial government shutdown, he said.

The company also announced two five-year ICE support-services contracts to activate previously idle facilities:

The 1,188-bed Big Horn facility in Hudson, Colorado, is expected to generate approximately $85 million in annual revenue in its first full year of operations. The GEO-owned 1,320-bed Rivers facility in Winton, North Carolina, is expected to generate approximately $80 million in annual revenue in its first full year of operations. ICE will reimburse GEO for capital expenditures required to reactivate the facilities and provide funding for startup expenses, Zoley said. The company expects both facilities to be activated by the end of 2026 and to reach normalized operations and earnings contribution in early 2027. Once activated, GEO’s ICE beds under contract are expected to total approximately 29,500.

GEO said it retains approximately 4,500 idle beds at five company-owned high-security facilities. At full capacity, those beds could produce approximately $250 million in combined incremental annual revenue, according to Zoley.

Transportation and electronic monitoring trends Revenue growth also reflected expanded secure transportation services for ICE and the U.S. Marshals Service. GEO signed a five-year U.S. Marshals contract in 2025 covering 26 federal judicial districts in 14 states, while also expanding ground transportation services at seven ICE facilities.

The company expects its Big Horn and Rivers contracts to provide a combined approximately $20 million in additional annual transportation-services revenue after operations normalize in early 2027.

In electronic monitoring, GEO said its ISAP V contract continued to shift toward higher-priced monitoring technologies and more case-management services. The ISAP program had approximately 184,000 participants, including about 54,000 on GPS ankle monitors, up from 17,000 in early 2025. Approximately 116,000 participants were assigned to case-management services.

March said electronic monitoring and supervision revenue declined by less than $3 million, or approximately 3.5%, from a year earlier despite reduced pricing under the ISAP V contract. Zoley said the favorable mix shift could increase revenue and earnings even if total participation remains relatively stable.

The company received no second-quarter revenue from its skip-tracing contract, which Zoley attributed to the lapse in ICE appropriations during the government shutdown. He said GEO expects the contract to begin ramping during the second half of 2026 and indicated that an estimated $60 million annualized revenue opportunity remained reasonable.

Guidance increased despite Florida delay GEO increased its 2026 guidance, projecting GAAP net income of $168 million to $175 million, or $1.27 to $1.32 per diluted share, on revenue of $2.95 billion to $3.05 billion. The company now expects adjusted EBITDA of $550 million to $560 million for the year.

The revised outlook excludes earnings from the Big Horn and Rivers activations, as well as two Florida managed-only contracts that have been rescheduled. The 1,884-bed Graceville facility and 985-bed Bay facility, representing about $100 million in combined annual revenue, are now expected to transition to GEO on July 1, 2027, rather than this year. Zoley said unresolved budget issues caused the delay.

GEO expects unreimbursed capital expenditures of $135 million to $145 million in 2026, followed by CapEx below $100 million in 2027. March said startup capital spending has been elevated as the company prepared for ICE-facility reactivations, while ICE reimbursement for reactivation CapEx is relatively new.

Capital allocation and potential asset sales During the quarter, GEO repurchased approximately 1.6 million shares for about $37 million. Since the current repurchase program was authorized in August 2025, the company has bought back 10.1 million shares for approximately $177 million. It had about $323 million remaining under its $500 million authorization.

At quarter-end, GEO had approximately $55 million in cash and cash equivalents, $1.54 billion of total debt and about $300 million of available liquidity. Total net leverage was below three times adjusted EBITDA, March said.

Zoley also said GEO is engaged in discussions with ICE regarding potential sales of several turnkey processing centers, contingent on GEO retaining long-term support-services contracts to operate them. He said there was no definitive agreement or timeline and no assurance that transactions would occur.

If facilities are sold, GEO intends to use proceeds to reduce debt, continue share repurchases and support general corporate purposes. March added that debt agreements place restrictions on the initial use of any sale proceeds, but the company would seek to return capital to shareholders after satisfying those requirements.

About Geo Group (NYSE:GEO)The GEO Group NYSE: GEO is a leading provider of correctional, detention and community reentry services to government agencies around the world. As a real estate investment trust, the company specializes in the design, financing, development and operation of secure facilities for adult and juvenile offenders, immigration detainees and individuals requiring mental health treatment or substance abuse programming. GEO's integrated service model also encompasses electronic monitoring, rehabilitative programming and post-release supervision aimed at reducing recidivism and enhancing public safety.

GEO's portfolio spans a range of facility types, including medium- and maximum-security correctional institutions, residential reentry centers, mental health treatment units and immigration detention centers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Should You Invest $1,000 in Geo Group Right Now?Before you consider Geo Group, you'll want to hear this.

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Regulatory News:Eutelsat (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) welcomes the successful completion of the IRIS2 programme's First

Geo Group (GEO - Free Report) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +32.14%. A quarter ago, it was expected that this private prison operator would post earnings of $0.19 per share when it actually produced earnings of $0.29, delivering a surprise of +52.63%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Geo Group, which belongs to the Zacks Government Services industry, posted revenues of $732.07 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.58%. This compares to year-ago revenues of $636.17 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Geo Group shares have added about 94.9% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Geo Group?While Geo Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Geo Group was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.30 on $767.73 million in revenues for the coming quarter and $1.20 on $2.99 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Government Services is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Banzai International, Inc. (BNZI - Free Report) , another stock in the broader Zacks Business Services sector, has yet to report results for the quarter ended June 2026.

This company is expected to post quarterly loss of $2.92 per share in its upcoming report, which represents a year-over-year change of +95.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Banzai International, Inc.'s revenues are expected to be $2.8 million, down 14.1% from the year-ago quarter.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”, “we” or the “Company”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported its financial results for the second quarter 2026, updated full year 2026 financial guidance, and provided financial guidance for the third and fourth quarters 2026. For th.

Key Takeaways SHG, ATI, GEO and ASX stocks were screened for margins, EPS growth and bullish analyst sentiment.SHG, ATI and ASX have witnessed upward EPS estimate revisions recently.All picks hold high Zacks Ranks and strong VGM Scores, supporting their upside potential. Investors seek companies that consistently generate profits. One of the best metrics to measure profitability is the net profit margin. This metric highlights a company's ability to convert sales into actual profits, providing insights into operational efficiency and management quality. Shinhan Financial Group Co., Inc. (SHG - Free Report) , ATI Inc. (ATI - Free Report) , The GEO Group, Inc. (GEO - Free Report) and ASE Technology Holding Co., Ltd. (ASX - Free Report) boast solid net profit margins.

Net Profit Margin = Net profit/Sales * 100.

Net profit represents the amount retained after all expenses, including costs, interest, depreciation and taxes. A strong net profit margin indicates effective cost control and operational strength, which are crucial for rewarding stakeholders and attracting investors and talented employees. A higher net profit margin compared to peers provides a company with a competitive edge.

Pros and ConsNet profit margin helps investors gain clarity on a company’s business model in terms of pricing policy, cost structure and manufacturing efficiency. Hence, a strong net profit margin is preferred by all classes of investors.

However, this metric varies across industries, making direct comparisons challenging. While it is vital for traditional industries, it might be less relevant for technology companies.

Differences in accounting practices, especially with regard to non-cash expenses like depreciation and stock-based compensation, further complicate comparisons. Additionally, companies that rely heavily on debt may show lower net profits due to high interest expenses, limiting the metric's effectiveness in evaluating performance.

The Winning StrategyA healthy net profit margin and solid EPS growth are the two most sought-after elements in a business model.

Apart from these, we have added a few criteria to ensure maximum returns from this strategy.

Screening ParametersNet Margin 12 months – Most Recent (%) greater than equal to 0: High net profit margin indicates solid profitability.

Percentage Change in EPS F(0)/(F-1) greater than equal to 0: It indicates earnings growth.

Average Broker Rating (1-5) equal to 1: A rating of #1 indicates brokers’ extreme bullishness on the stock.

Zacks Rank less than or equal to 2: Stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) generally perform better than their peers in all types of market environments.

VGM Score of A or B: Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential.

Here we discuss our four picks from the 13 stocks that qualified the screening:

Shinhan Financial Group is Korea's largest financial services company. The stock sports a Zacks Rank #1 and has a VGM Score of B. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Shinhan Financial Group’s 2026 earnings has moved upward by 51 cents to $8.53 per share over the past seven days. SHG’s earnings outpaced the Zacks Consensus Estimate in the last reported quarter by 7.30%.

ATI is a diversified specialty materials producer. It has two main business segments: High Performance Materials & Components, and Advanced Alloys & Solutions. The stock currently carries a Zacks Rank of 2 and has a VGM Score of B.

The Zacks Consensus Estimate for ATI’s 2026 earnings has been revised upward to $4.49 per share from $4.43 in the past 30 days. ATI outperformed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 8.56%.

GEO Group is a diversified government service provider, specializing in design, financing, development and support services for secure facilities, processing centers and community reentry centers principally in the United States, Australia, South Africa and the United Kingdom. The stock carries a Zacks Rank #2 and has a VGM Score of B.

The Zacks Consensus Estimate for GEO Group’s 2026 earnings has remained unchanged at $1.20 per share over the past 60 days. GEO surpassed the Zacks Consensus Estimate thrice in the trailing four quarters while matching the same on one occasion, the average surprise being 25.94%.

ASE Technology is a provider of semiconductor manufacturing services in assembly and testing. The stock carries a Zacks Rank #2 and has a VGM Score of B.

The Zacks Consensus Estimate for ASE Technology’s 2026 earnings has been revised upward by a penny to 83 cents per share over the past 30 days.

Strong Production of 15,415 Gold Equivalent Ounces ("GEO") for the 2nd Quarter 2026 and 28, 257 GEO for the first 6 months of 2026Higher Grade Ore Production from the Underground ramping up on scheduleOngoing exploration program combined with Falcon acquisition expected to support resource growth, leading to increased mine life and structural increases in production levels Preliminary Economic Assessment targeted for Q1/27Annual Production Guidance of 50,000 to 60,000 GEO maintained for 2026

TORONTO, July 13, 2026 (GLOBE NEWSWIRE) -- Cerrado Gold Inc. [TSX.V: CERT] [OTCQX: CRDOF] ("Cerrado" or the "Company") reports production results for the second quarter ended June 2026 ("Q2 2026") from the Minera Don Nicolas Mine in Santa Cruz Province, Argentina ("MDN"). Full quarterly financial results are expected to be released prior to August 30, 2026.

Q2 Operating Highlights

Q2 Production of 15,415 vs 13,835 GEO in Q2 2025, 2026 first half Production of 28,257 vs 22,600 GEO in 2025Heap leach production improved to deliver 9,981 GEO in the quarterUnderground development work continued; leading to increased production for H2/26CIL plant continues to process a blend of stockpile material with an increasing mix of ore from underground operations, resulting in total production of 5,434 GEO in Q2 Operations for Q2 2026 showed strong production results relative to the previous quarter and prior years. Production rates increased at the heap leach versus the previous quarter as irrigation issues due to water shortages were addressed, and the benefits from the improvements to the crushing circuit continued to support improved recoveries and production. Silver recovery rates showed a marked improvement at the heap leach operations due to adjustments in the circuit, enhancing overall GEO production.

The focus on underground development continued during the quarter, with higher amounts of fresh ore becoming available towards the end of the quarter. Additional ore is expected to be delivered in Q3 and Q4, supporting an expected increase in overall production levels in the latter half of the year compared with the first half of 2026. During 2026, underground ore operations will continue to alternate between development activities and ore extraction, as the underground workings follow the ore zone deeper under the Paloma pit. 

Table 1. Key Operating Information

Mark Brennan, CEO and Chairman, commented, “We are very pleased to continue to see strong operational performance at MDN, with both Underground and Heap Leach operations performing exceptionally well. We continue to generate strong cash flows, which support our key growth initiatives of extending the mine life and increasing production levels. We are currently positioning the company to combine the results from our ongoing exploration program and the expected resource growth from our recent regional acquisitions to complete a new Preliminary Economic Assessment by Q1/27. The primary objective will be delivering a new consolidated mine plan with an extended mine life and an increased production profile.”

New Preliminary Economic Assessment Planned 

As the Company continues to advance its exploration program and consolidate the results with potential resources from the recently acquired Falcon and Calandrias II properties, the Company plans to complete a new third-party, independent Preliminary Economic Assessment by Q1/2027. The Preliminary Economic Assessment is expected to incorporate resources anticipated to be outlined for both heap leach production and production via the CIL plant. The objective of the new PEA is to demonstrate the anticipated growth in MDN’s mineral resource base, the corresponding extension in mine life, and the potential to increase production rates. Over the last two years, the MDN has invested heavily in creating twin production streams via both the CIL and heap leach production routes. This combined infrastructure is now in place and has positioned MDN to deliver strong operational performance irrespective of the type of ore that is recovered.

Exploration work continued throughout the quarter across the existing property and in the newly acquired Falcon area. At both the newly acquired properties, on-site sampling and mapping have been initiated, and a drill program has been designed and should commence in Q3/2026. Given the extent of existing drilling and the level of work completed at Falcon to date, the planned drill program is expected to add mineral resources to support the expansion of heap leach operations. Completion of the drill program and associated testing is expected before year-end supporting the completion of the PEA in Q1/27. Further regional consolidation remains a key corporate strategy.

Review of Technical Information

The scientific and technical information in this press release has been reviewed and approved by Andrew Croal, P.Eng., Chief Technical Officer for Cerrado Gold, who is a Qualified Person as defined in National Instrument 43-101.

About Cerrado

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mines in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamau, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ("MDN") operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.

In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by existing infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cash flow generation potential.

In Canada, Cerrado is developing its 100% owned Mont Sorcier high-purity, high-grade, Direct Reduced Iron project, located on the traditional Cree territory of Eeyou Istchee James Bay in the municipality of Chibougamau. The Mont Sorcier project has the potential to produce a premium iron concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high-grade and high-purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals.

For more information about Cerrado, please visit our website at: www.cerradogold.com.

Mark Brennan 
CEO and Chairman 

Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
[email protected]

Disclaimer

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado, production forecasts for 2026 including the expectation of increased production levels in the second half of 2026, the time required to complete a preliminary economic assessment at MDN and the anticipated results of such assessment including the Company’s ability to deliver a new consolidated mine plan with an extended mine life and an increased production profile for which no assurance is provided, progress and potential of underground development at MDN, exploration potential at MDN and the ability of prospective targets and recently acquired properties such as Falcon and Calandrias II properties to materially add to mine life and production levels and the discovery of ore capable of feeding the heap leach and CIL operations, and the risks and uncertainties described under the heading “Risks & Uncertainties” in the Company’s Management Discussion and Analysis and other filings made with the securities commissions in Canada. In making the forward-looking statements contained in this press release, Cerrado has made certain assumptions. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

Minera Don Nicolas Mine

Mill at MDN

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/94902dde-1d45-4983-894f-6567253da1c5

https://www.globenewswire.com/NewsRoom/AttachmentNg/26c97488-0f92-444c-ad4a-abdcac9c800e

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LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it is investigating potential claims against the board of directors of The GEO Group, Inc. ("GEO" or the "Company") (NYSE: GEO) concerning whether the board breached its fiduciary duties to shareholders.

IF YOU ARE A GEO GROUP, INC. (GEO) SHAREHOLDER, CLICK HERE TO PARTICIPATE.

What Is The Investigation About?

On June 2, 2026, it was reported that New Jersey’s Attorney General had filed a lawsuit against GEO over living conditions at the Company’s Delaney Hall immigration detention center in Newark. The lawsuit alleges that GEO “has violated state law by refusing to allow the New Jersey Department of Health (“DOH”) to conduct a full inspection of Delaney Hall” to verify whether the protocols or practices inside Delaney Hall pose a serious risk of harm to detainees within the facility or to the public outside of it.

Contact Us To Participate or Learn More:

If you still hold GEO shares purchased before December 2025 and wish to discuss this matter with us, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

Whistleblower Notice

Persons with non-public information regarding GEO should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].

About Glancy Prongay Wolke & Rotter LLP

GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

More News From Glancy Prongay Wolke & Rotter LLP

Back to Newsroom

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2026 financial results on Thursday, August 6, 2026 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 1:00 PM (Eastern Time) on Thursday, August 6, 2026. To participate in the teleconference, please contact one of the following numbers 5 minutes prior to the scheduled start time: 1-877-250-1553 (U.S.) 1-412-542-4145 (International) In addition, a live.

MONTRÉAL, July 08, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce its second quarter 2026 preliminary deliveries, revenues and cash margin, as well as to provide an update on its cash and debt positions as at June 30th, 2026. All monetary amounts included in this report are expressed in United States dollars, unless otherwise noted.

New AI assessment helps multi-location brands understand and improve how they are represented in AI-generated search results

SAN RAMON, Calif.--(BUSINESS WIRE)--Reputation, the global leader in reputation intelligence, today announced the launch of its Generative Engine Optimization (GEO) Readiness Audit, a new assessment tool that helps multi-location brands understand and improve how they appear in AI-generated search results. Designed for marketing, customer experience (CX) and digital teams, the assessment provides a clear view of how AI engines interpret, describe and recommend brands, along with prioritized actions to improve visibility and discoverability.

As consumers increasingly turn to AI engines such as ChatGPT, Gemini and Perplexity to discover and evaluate businesses, brands face a new challenge: understanding how they are represented in AI-generated answers. Unlike traditional search engines that present a list of links, AI engines synthesize information and generate a single response. Brands that are not structured for AI search may be misrepresented, overlooked or omitted entirely. The GEO Readiness Audit helps organizations identify visibility gaps and prioritize actions to improve discoverability across AI search experiences.

“AI-powered search has completely rewritten the playbook for digital discovery, making traditional search optimization tactics insufficient on their own,” said Joe Burton, CEO of Reputation. “Being visible on Google no longer guarantees visibility on generative AI engines. If your digital footprint isn't optimized for how large language models extract information, your business is effectively invisible to consumers. The GEO Readiness Audit gives organizations a clear baseline for how AI engines interpret their digital presence and a roadmap for improving visibility, discoverability and trust.”

The GEO Readiness Audit builds on Reputation's existing AI visibility capabilities, giving organizations a more complete view of how AI engines represent brands, locations and digital content:

AI Reputation Manager (ARM): Shows how AI engines describe a brand, category or competitor, including the sources cited and the narratives being surfaced, and how they evolve over time. AI Location Profiles (ALP): Provides location-level visibility into listing accuracy, AI mention rates and sentiment, helping organizations identify where individual locations may be underperforming in AI search. GEO Readiness Audit: Evaluates the foundational signals that influence AI search visibility, including technical discoverability, content structure and trust factors across public digital properties. Location Pages 2.0: Reputation's location page solution for multi-location brands, automatically generating and managing dedicated web pages for each business location. The enhanced solution helps organizations strengthen the content, structured data and local business signals AI engines rely on to understand and recommend businesses across every location. Built Specifically for AI Search
Unlike traditional SEO audits focused on keywords, backlinks and domain authority, the GEO Readiness Audit evaluates the signals AI engines use to interpret, trust and recommend brands.

The assessment measures two key dimensions:

Brand Profile: Evaluates how accurately AI engines interpret and describe a brand, helping organizations understand whether AI-generated responses reflect their intended positioning. AI Search Readiness: Assesses whether AI engines can effectively discover, access and trust brand and location content, including factors related to discoverability, answer readiness and trust signals. The assessment delivers prioritized recommendations to help organizations address visibility gaps and improve how they are discovered, interpreted and recommended by AI engines.

For organizations looking to act on those recommendations, Reputation's enhanced Location Pages 2.0 provides a scalable way to strengthen the content, structured data and local business signals AI engines use to evaluate and recommend businesses. Together, the GEO Readiness Audit and Location Pages 2.0 provide a path from diagnosis to action, helping organizations identify AI visibility gaps and address them at scale across hundreds or thousands of locations.

Reputation will showcase the GEO Readiness Audit, Location Pages 2.0 and additional AI capabilities during its upcoming "Reputation Without Boundaries" webinar on June 25.

To learn more about the GEO Readiness Audit, register for the webinar, or run a free assessment of your brand's AI search visibility, visit reputation.com.

About Reputation
Reputation is the performance engine that helps brands win in an AI-driven world where trust determines visibility and buying decisions happen before customers reach a website. Our platform unifies signals from reviews, listings, and other feedback into a foundational data layer for AI discovery, and transforms those signals into reputation intelligence that helps organizations identify and resolve operational issues in real time. From the local storefront to the enterprise, Reputation ensures brands are trusted, found, and positioned to drive revenue. Visit reputation.com to learn more.

New solution from Omnicom's designated commerce practice leverages reverse engineering from AI systems to reveal how product content is evaluated

, /PRNewswire/ -- Flywheel, a leader in commerce and technology solutions and part of the Omnicom (NYSE: OMC) Integrated Media offering, today launched a new Generative Engine Optimization (GEO) capability designed to help brands earn recommendations within AI-powered commerce experiences across retailers including Amazon, Walmart, and Target.

The new capability is the latest addition to Omnicom's global portfolio of GEO solutions - spanning commerce, media and public relations - that help clients increase visibility and performance in AI search.

Flywheel GEO Capability "As product discovery rapidly shifts toward AI-driven shopping experiences, brands need to rethink how they appear in these environments," said Alex McCord, CEO of Flywheel. "Flywheel sits at the intersection of retail expertise, commerce data, AI enablement, and scaled execution, which uniquely positions us to help brands optimize for how AI-powered commerce ecosystems actually work."

From Search to Recommendation

For years, brands relied on traditional Search Engine Optimization (SEO) to improve visibility in retailer search results. But as conversational AI shopping experiences become more common, the focus is shifting from ranking in search to being selected and recommended by AI systems.

While many brands continue optimizing Product Detail Pages (PDPs) for search algorithms, AI systems now evaluate products differently, prioritizing contextual relevance, conversational language, and consumer intent. Existing SEO tools and manual audits often fail to measure or improve performance in generative AI environments.

"The GEO conversation is evolving quickly, but brands cannot afford to wait," said Mike O'Donnell, Head of AI at Flywheel. "Without action, products risk disappearing from AI-generated recommendations, reducing organic traffic and increasing dependence on paid media to maintain visibility."

How the Capability Works

The short answer: reverse engineering AI systems to reveal how product content is evaluated.

Flywheel's GEO solution combines AI-powered auditing, content optimization, and ongoing performance measurement into a single workflow designed for commerce platforms.

The capability evaluates PDP content across retailers and benchmarks it against GEO best practices informed by AI behavior, algorithms, and visibility signals. It then identifies gaps in content quality and relevance before optimizing titles, bullet points, and descriptions with conversational language, use cases, audience targeting, and functional benefits.

The solution also tracks downstream impact on traffic, conversion, and sales, while scaling insights across SKUs and categories in alignment with brand and SEO guidelines.

"What makes this capability different is its focus on platform-native AI optimization," said O'Donnell. "We are connecting content, AI discovery, and business outcomes in one integrated solution that combines audit, activation, and measurement."

Early results have been strong. In a recent pilot for a beauty brand, Flywheel's GEO capability drove 56% portfolio growth and an 80% increase in clicks and website traffic after refining product descriptions to better align with consumer intent and AI recommendation models.

Optimizing for AI-Driven Commerce

Rather than focusing solely on improving search rankings, Flywheel's GEO capability is designed to help products surface directly in AI-generated recommendations. The solution identifies missing content signals such as gifting context, age appropriateness, materials, and safety information that influence how AI systems evaluate products.

"AI recommendation engines rely on richer context than traditional search," said O'Donnell. "By strengthening those signals, brands can improve how products are surfaced and recommended during the shopping journey."

Summing up the value the Flywheel offering  adds to  Omnicom's GEO solutions portfolio, Megan Pagliuca, Chief Product Officer at Omnicom Media, said: "By combining AI precision with deep retail and category expertise, Flywheel is helping brands adapt in real time to the changing dynamics of commerce and make smarter decisions that drive growth across retail channels."

ABOUT FLYWHEEL

Flywheel, a leader in commerce and technology solutions and part of the Omnicom (NYSE: OMC) Integrated Media offering, provides best-in-class service that combines tailored expertise with advanced software solutions to help clients drive incremental sales, market share, profitability, and measurable commerce growth.

A leader across major marketplace platforms, Flywheel combines global scale and influence with a customized, client-centric approach designed to deliver impactful business outcomes. Client success remains at the center of the company's mission.

With operations across the Americas, Europe, APAC, and China, Flywheel is widely recognized for the scale of its retail media capabilities, while delivering value across the entire commerce ecosystem. The company helps brands navigate the evolving commerce landscape through integrated solutions built to accelerate growth and performance.

SOURCE Flywheel Digital

Regulatory News:

Eutelsat (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) today announced the signature, through the French Directorate General of Armaments (DGA), of the CENTAURE contract, marking the first call-off contract under the €1bn NEXUS framework agreement with the French Ministry of the Armed Forces and Veterans inked in June 2025.

This new milestone marks the first concrete implementation of the NEXUS project (Neo-Space for Multiple Secure Uses), a strategic initiative led by the French Ministry of the Armed Forces and Veterans to strengthen France's military satellite communications capabilities by combining sovereign assets with trusted commercial capacity. Against a geopolitical backdrop characterised by growing demand for secure, resilient and sovereign connectivity, France is continuing to enhance its space capabilities while preparing for the deployment of the future European IRIS2 constellation.

The total CENTAURE contract is valued at circa €350 million1, for a duration of up to eight years. It is comprised of an initial firm commitment of €138 million2 over a period of four years for the provision of low Earth orbit (LEO) satellite capacity across multiple areas of strategic interest to the French Armed Forces as well as an initial stage aimed at enhancing the security of Eutelsat's OneWeb services.

This approach ensures the French Armed Forces benefit from sustained access to low-latency, globally available satellite resources, while maintaining operational continuity and flexibility during the ramp-up of the European IRIS2 programme.

Through its OneWeb constellation, the only global LEO constellation currently operated by a European provider and readily available for governmental use, Eutelsat delivers secure operational capabilities tailored to the requirements of today's most demanding defence missions.

The NEXUS agreement demonstrates how trusted European commercial space infrastructure can complement sovereign defence assets and accelerate the deployment of next-generation capabilities. As space becomes an increasingly critical component of national security, Europe must be able to rely on resilient, secure and sovereign connectivity solutions under its own control.

Jean‑François Fallacher, Chief Executive Officer of Eutelsat, said: "The signature of the CENTAURE contract marks a major milestone in the implementation of the NEXUS framework agreement and reflects the continued trust placed by the French Ministry of the Armed Forces in the capabilities of our OneWeb constellation. In a profoundly transformed strategic environment, secure, resilient and low-latency connectivity has become a decisive driver of military operational effectiveness. With an infrastructure that is immediately available and field-proven, Eutelsat is now delivering a concrete response to the needs of the French Armed Forces.”

Patrick Pailloux, Director General for Armaments (DGA) added: "With the CENTAURE call-off contract, France is taking another step forward in the modernisation of its military satellite communications capabilities. Recent conflicts have demonstrated the critical importance of diverse, secure, resilient and sovereign connectivity for the conduct of modern operations. By relying on a trusted European solution that is immediately available and provides global low-latency coverage, the French Ministry of the Armed Forces and Veterans is acquiring the necessary resources to address today’s operational challenges while laying the groundwork for the future sovereign European capabilities that will be delivered through the IRIS2 programme."

About Eutelsat Communications

Eutelsat is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. Eutelsat was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 31 Geostationary (GEO) satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites. Eutelsat addresses the needs of customers in four key verticals of Video, where it distributes around 6,300 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat's unique suite of in-orbit assets and ground infrastructure enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and Eutelsat employs more than 1,600 people across more than 75 countries. Eutelsat is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL).

Disclaimer

The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group's customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organization's closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions or circumstances on which any such statements are based, unless so required by applicable law. The information contained in this document is not based on historical facts and should not be construed as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers as reasonable.

1

Circa €300m net of value added tax (VAT)

2

Circa €115m net of value added tax (VAT)

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