Premier African Minerals získala asi 1,2 milionu GBP a peníze použije na obnovení provozu v projektu Zulu v Zimbabwe, včetně možného znovuspuštění zpracovatelského závodu a remobilizace těžby. Firma chce zpracovat zhruba 13 000 tun rudy už na ROM padu.
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) has raised about £1.2 million before expenses, selling 27.5 billion new shares at 0.00436p apiece to a group of institutional and professional investors.
The money goes towards firing up operations again at the Zulu Lithium and Tantalum Project in Zimbabwe, including a possible restart of the processing plant and the remobilising of mining.
It marks a shift in approach as the original plan was to build a larger run-of-mine stockpile before processing resumed. Instead, Premier will work through roughly 13,000 tonnes of ore already sitting on the ROM pad.
The first job is a campaign of about 15 days, with the focus on keeping the plant running steadily and checking throughput, recoveries and product quality.
Managing director Graham Hill said a successful run should give the board, shareholders and potential funders a clearer read on what Zulu can do, and a firmer footing for deciding the next step.
More blasted ore within the EPO could be moved to the pad afterwards, subject to how the plant performs and whether the working capital is there.
The new shares should start trading on AIM on or around 9 October, taking the share count to 77.6 billion.
Premier Graphene a HGI obdržely platbu za první splněnou zakázku pro SEDENA, která zahrnovala dodávku 98 vojenských opasků. Uznání tržeb zatím čeká na posouzení.
Premier Graphene Inc. and Affiliate HGI Industrial Technologies S.A.P.I. de C.V. Receive Payment for Mexican Military Purchase Order
Key Highlights: Payment received: Premier and HGI completed delivery of 98 military waist belts for SEDENA and received payment.
Manufacturing expansion: HGI and Nova Graphene signed a joint venture agreement for a Mexican plant; financing is pending, and the facility is not operational.
Conditions remain: Revenue recognition awaits review, and Premier’s planned U.S. procurement activities depend on obtaining required certification.
PR Audio:
Mexico City, Mexico, October 1, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Premier Graphene Inc. (OTC: BIEI) (the “Company” or “Premier”), together with its affiliate and strategic partner HGI Industrial Technologies S.A.P.I. de C.V. (“HGI”), today announced that payment was received on the first purchase order fulfilled by HGI and Premier for Mexico’s Secretaría de la Defensa Nacional (SEDENA).
Premier Graphene (OTC: BIEI) and affiliate HGI received payment for their first fulfilled purchase order for Mexico’s defense ministry, SEDENA, covering 98 military waist belts The purchase order, documented under Remisión No. 001 dated May 8, 2026, involved the manufacture and delivery of 98 military waist belts (fajillas), consisting of:
• 35 units — Fajilla with TE-3A belt
• 35 units — Fajilla with NC belt
• 28 units — Fajilla with TE-3 belt
The fulfillment of these 3 separate contracts, while profitable, more significantly, demonstrated to the Mexican government, the professionalism of Premier and its team, coupled with the capacity to competently and expeditiously, deliver quality, compliant products and fulfill all responsibilities, paving the way to more significant and far more profitable contracts.
The accounting treatment, classification, and timing of any related revenue remains subject to determination by the Company’s management and independent auditors, in accordance with U.S. generally accepted accounting principles (GAAP).
HGI Industrial Technologies continues expanding its manufacturing and commercial operations in Mexico, while Premier Graphene Inc. is developing its position as a publicly traded company with exposure to advanced materials, graphene-related technologies, and strategic manufacturing opportunities.
“This payment marks another important milestone for HGI and Premier Graphene,” said Pedro A. Méndez, President of Premier Graphene Inc. and HGI Industrial Technologies S.A.P.I. de C.V. “Our focus has always been on turning opportunities into actual purchase orders, delivering the products, and ultimately converting those orders into collected revenue. Receiving payment is an important part of that process.”
The Companies expect to continue building upon their existing commercial relationships while pursuing additional opportunities in Mexico and international markets.
As part of their broader strategic development, HGI Industrial Technologies S.A.P.I. de C.V. and Nova Graphene Inc. are moving forward under a signed Joint Venture agreement focused on establishing a dedicated manufacturing plant in Mexico. The Joint Venture agreement was signed approximately one month ago, and the parties are currently awaiting financing to proceed with the planned facility. The facility is intended to support the production of advanced graphene-related and protective products for Mexico and international markets, subject to securing adequate financing. The planned plant is not yet operational.
Nova Graphene has tested and NIJ-certified ballistic plate products at Level III-A and Level IV, along with additional military applications and advanced materials. The planned manufacturing platform in Mexico is intended to build upon these existing technologies and capabilities and, if financed and established, could support production and commercial opportunities in Mexico, the United States, Europe, and Middle Eastern markets, subject to applicable financing, regulatory, and certification requirements.
Premier Graphene Inc. expects to pursue U.S. industrial and military procurement opportunities, including next-generation graphene-enhanced protective vests and other graphene-enhanced military products, as part of its broader North American market strategy. These activities are subject to Premier Graphene Inc. obtaining at least one type of required certification which has not yet been obtained. Despite the probability of receiving all such certifications, there can be no assurance that all will be received and thus all such opportunities will be realized.
About HGI Industrial Technologies S.A.P.I. de C.V.
HGI Industrial Technologies S.A.P.I. de C.V. is a Mexican technology and industrial solutions company focused on advanced materials, specialized manufacturing, graphene technologies, and related products serving commercial and strategic markets. HGI is a strategic partner and affiliate of Premier Graphene Inc.
About Premier Graphene Inc. (OTC: BIEI)
Premier Graphene Inc. (OTC: BIEI) is a publicly traded company focused on the commercialization and development of advanced materials, graphene technologies, industrial solutions, manufacturing, and related technologies through strategic partnerships and commercial initiatives.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the companies’ future business activities, anticipated commercial opportunities, planned manufacturing operations and the proposed manufacturing plant in Mexico, market development, and future revenue and profitability. Words such as “anticipates,” “expects,” “believes,” “plans,” “intends,” “may,” “will,” “could,” “should,” and similar expressions are intended to identify forward-looking statements. These statements are based on management’s current expectations, estimates, and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, but not limited to, the timing and recognition of revenue; the companies’ ability to perform under, and collect payment on, purchase orders and contracts; changes in customer and governmental purchaser requirements; the receipt, timing, scope, and maintenance of regulatory certifications and authorizations, including export and import approvals; the availability of capital and financing for the planned manufacturing plant and other initiatives; competitive and market conditions; and other risks beyond the companies’ control. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and to review the companies’ public filings and disclosures. Premier Graphene Inc. and HGI Industrial Technologies S.A.P.I. de C.V. undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.
Media Contact:
Pedro Mendez, President
Premier Graphene Inc. / HGI Industrial Technologies S.A.P.I. de C.V.
Website: https://premiergrapheneinc.com/
Email: [email protected]
Investor Relations: [email protected]
Source: Premier Graphene Inc.
The latest news and updates relating to $BIEI are available at the company’s newsroom: https://tinyurl.com/bieinewsroom
Astro Digital se spojí s Proem Acquisition Corp I a po dokončení má vstoupit na Nasdaq jako Astro Digital Holdings. Transakce oceňuje firmu na zhruba 587 milionů USD a zahrnuje až 180 milionů USD hrubého výnosu.
Since 2018, Astro Digital has delivered nearly 40 satellites across 16 mission types for more than 30 customers, including NASA, the Department of Defense, Boeing, and Sony.
Astro Digital grew revenue at a 42% two-year CAGR while generating positive adjusted EBITDA, a rare combination among public space peers.
$50 million PIPE with Proem Asset Management and its affiliates committing $25 million, co-led with Leon Capital Group
Proem Asset Management is led by Imran Khan, former Chief Strategy Officer of Snap; following closing, Imran Khan will join the board of directors of Astro Digital.
DENVER, CO and DALLAS, TX, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Astro Digital, US, Inc. (“Astro Digital” or the “Company”), a designer, manufacturer and operator of mission-configurable satellites for commercial, civil and defense applications, and Proem Acquisition Corp I (Nasdaq: PAAC) (“Proem”), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon closing of the business combination, Proem will be named Astro Digital Holdings, Inc. and is expected to trade on Nasdaq following closing, which is anticipated in the first quarter of 2027, subject to certain closing conditions.
Astro Digital designs, manufactures, and operates satellite systems and mission support services for applications such as earth observation, communications, space infrastructure and defense applications. Since 2018, Astro Digital has delivered nearly 40 satellites across 16 distinct mission types and has served more than 30 customers including NASA, the Department of Defense, Boeing, and Sony. Its platforms have enabled a series of industry firsts, including Starcloud-1, which in November 2025 carried the first NVIDIA H100 GPU into orbit and has since run large language model training and inference on orbit; Mandrake, which demonstrated optical inter-satellite links for DARPA and the Space Development Agency; and Otter Pup 1 and 2, a mission demonstration for rendezvous, proximity operations and docking for Starfish Space.
“Breakthrough technologies and expanding commercial applications are driving rapid innovation across the constellation and space sectors and Astro Digital is uniquely positioned to benefit from these tailwinds,” said Chris Biddy, Co-Founder and Chief Executive Officer of Astro Digital. “Over the past 11 years, we have developed strong customer relationships, meeting growing demand with rapid execution capabilities, our scalable manufacturing platform and cost discipline. Unlike competitors in this industry, we have been able to deliver nearly 40 satellites, profitably, with revenue compounding at 42% annualized over two years, positive adjusted EBITDA, and a backlog that doubled last year.”
“We see a long runway for continued growth,” Biddy added. “Our customers continue to expand their constellation plans and develop new applications including data-centers-in-space which we are well suited to take on. This transaction with Proem will enable us to increase our sales force and production capacity, and expand into new verticals, while preserving the discipline that got us here. We are grateful to have Proem as a partner on this journey.”
“We like this business for five reasons,” said Imran Khan, Chairman and Chief Executive Officer of Proem and Founder and Chief Investment Officer of Proem Asset Management. “One, it is capital efficient: it has built satellites for eleven years and delivered nearly 40 of them without the cash burn that defines most of this sector. Two, it is direct leverage to the secular growth of space; as constellations multiply, demand for its platforms multiplies with them. Three, its growth comes from multiple vectors: existing customer follow-ons, new customer wins, government and sovereign programs, and new mission categories like orbital data centers. Four, the management team has a proven track record; they built this business from zero. And five, it is adjusted EBITDA profitable, and has been while compounding revenue at an impressive rate.”
The business combination values Astro Digital at a pro forma post-money enterprise value of approximately $587 million. The transaction will be funded by up to approximately $180 million in gross proceeds, comprising up to $130 million of cash held in Proem’s trust account (assuming no redemptions) and approximately $50 million from PIPE investments led by Proem Asset Management and Leon Capital Group, of which Proem Asset Management and its affiliates have committed $25 million. The transaction has been unanimously approved by the boards of directors of both Astro Digital and Proem and is expected to close in the first quarter of 2027, subject to approval by Proem’s shareholders, the satisfaction of a minimum cash condition of $30 million, the effectiveness of a registration statement on Form S-4 to be filed with the U.S. Securities and Exchange Commission (the “SEC”), and other customary closing conditions.
Astro Digital’s existing management team, led by Co-Founder and Chief Executive Officer Chris Biddy and Chief Financial Officer and EVP of Operations Michael Wilson, will continue to lead the combined company. Imran Khan, Chairman and Chief Executive Officer of Proem and Founder and Chief Investment Officer of Proem Asset Management, will join the board of directors of the combined company at closing, alongside current Astro Digital directors Adrian Steckel, former CEO of OneWeb, and Dr. Derek Tournear, former director of the Space Development Agency.
Additional information about the proposed transaction, including a copy of the business combination agreement and an investor presentation, will be provided in a Current Report on Form 8-K to be filed by Proem with the SEC and available at www.sec.gov.
Conference Call and Investor Presentation
Astro Digital and Proem will host a joint investor conference call on September 28, 2026, at 9:00 a.m. ET to discuss the proposed transaction. Participants can register for the webcast at https://events.q4inc.com/attendee/122125528. The webcast and the accompanying investor presentation will also be available on Proem’s website at www.proemacq.com. A replay will be available following the call.
Advisors
Broadfield US LLP is serving as legal counsel to Astro Digital. Clear Street is serving as financial and capital markets advisor to Proem, and Loeb & Loeb LLP is serving as legal counsel to Proem.
About Astro Digital
Astro Digital, a Delaware corporation, is the infrastructure powering space constellations. The Company designs, manufactures, launches and operates mission-configurable satellites for commercial, civil and defense customers, partnering with constellation operators from first spacecraft through constellation-scale production. Since 2018, Astro Digital has served more than 30 customers across 16 mission types, delivering nearly 40 satellites with decades of cumulative on-orbit time. The Company is headquartered in Denver, Colorado, with operations in California and Australia. For more information, visit www.astrodigital.com.
About Proem Acquisition Corp I
Proem Acquisition Corp I, a Cayman Islands exempted company (Nasdaq: PAAC) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Proem is sponsored by Proem SPAC Partners I LLC, an affiliate of Proem Asset Management, a long-biased equity fund focused on the technology, media, telecommunications and consumer sectors. Proem raised $130 million in its initial public offering in February 2026, and its units, ordinary shares and warrants trade on Nasdaq under the symbols “PAACU”, ”PAAC” and “PAACW”, respectively.
Non-GAAP Financial Measures
This press release includes references to adjusted EBITDA, a financial measure that is not calculated in accordance with U.S. generally accepted accounting principles (“GAAP”). Astro Digital defines adjusted EBITDA as net income (loss) before interest, taxes, depreciation and amortization, adjusted for stock-based compensation. Astro Digital believes adjusted EBITDA provides useful information to investors regarding its operating performance. Non-GAAP financial measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with GAAP. A reconciliation of adjusted EBITDA to net income (loss), the most directly comparable GAAP measure, is included in the investor presentation. Financial information for Astro Digital presented herein is unaudited and preliminary; 2026E-2029E figures are projections.
Additional Information and Where to Find It
The business combination will be submitted to shareholders of Proem for their consideration. Proem and Astro Digital intend to jointly file a registration statement on Form S-4 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”), which will include a preliminary proxy statement/prospectus (a “Proxy Statement/Prospectus”). A definitive Proxy Statement/Prospectus will be mailed to Proem’s shareholders as of a record date to be established for voting on the business combination and other proposals. Proem may also file other relevant documents regarding the business combination with the SEC. Proem’s shareholders and other interested persons are advised to read, once available, the preliminary Proxy Statement/Prospectus and any amendments thereto and, once available, the definitive Proxy Statement/Prospectus, in connection with Proem’s solicitation of proxies for its extraordinary general meeting of shareholders to be held to approve, among other things, the business combination, because these documents will contain important information about Proem, Astro Digital and the business combination. Shareholders may also obtain a copy of the preliminary or definitive Proxy Statement/Prospectus, once available, as well as other documents filed with the SEC regarding the Business Combination and other documents filed with the SEC by Proem, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Proem’s Chief Executive Officer at 3860 W. Northwest Hwy, Suite 470, Dallas, TX.
Forward-Looking Statements
This press release includes certain statements that are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward looking. These forward-looking statements include, but are not limited to, (1) statements regarding estimates and forecasts of other financial, performance and operational metrics and projections of market opportunity; (2) references with respect to the anticipated benefits of the proposed business combination and the projected future financial performance of Astro Digital following the proposed business combination; (3) changes in the market for Astro Digital’s satellite technology infrastructure and mission support services, expansion plans and opportunities; (4) Astro Digital’s aerospace business, including modular satellite technology infrastructure and mission support services; (5) the sources and uses of cash in connection with the proposed Business Combination; (6) the anticipated capitalization and enterprise value of Proem following the consummation of the proposed business combination; (7) the projected technological developments of Astro Digital; (8) current and future potential commercial and customer relationships; (9) the ability to operate efficiently at scale; (10) anticipated investments in capital resources and research and development, and the effect of these investments; (11) the amount of redemption requests made by Proem’s public shareholders; (12) the ability of Astro Digital to issue equity or equity-linked securities in the future; (13) the failure to achieve the minimum cash condition; (14) the inability to obtain or maintain the listing of the combined company’s common stock on Nasdaq following the proposed business combination, including but not limited to redemptions exceeding anticipated levels or the failure to meet Nasdaq’s initial listing standards in connection with the consummation of the proposed business Combination; and (15) expectations related to the terms and timing of the proposed Business Combination. Additional risks include the availability and funding of the PIPE financing, including the risk that any PIPE investor may fail to satisfy its obligations; the level of redemptions and the resulting effect on minimum cash condition; delays in resolving SEC comments on, or obtaining effectiveness of, the Registration Statement; the failure to obtain required shareholder approvals or Nasdaq listing approval; and risks relating to Astro Digital’s aerospace, satellite, remote-sensing, communications and government-contract businesses, including export-control, sanctions, and other national-security regulatory requirements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Proem’s and Astro Digital’s management and are not predictions of actual performance. Any projections or other forward-looking information included in this press release, any investor presentation or other transaction communications are provided for illustrative purposes only, were prepared for purposes of evaluating the proposed business combination and related financing, and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability; no representation or warranty is made as to their achievability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Proem and Astro Digital. These forward-looking statements are subject to a number of risks and uncertainties, as set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the final prospectus of Proem filed with the SEC on February 13, 2026 (File No. 333-292217), and/or will be contained in the Registration Statement and the Proxy Statement/Prospectus when available, and in those other documents that Proem and Astro Digital have filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that neither Proem nor Astro Digital presently know or that Proem and Astro Digital currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Proem’s and Astro Digital’s expectations, plans or forecasts of future events and views as of the date of this press release. Proem and Astro Digital anticipate that subsequent events and developments will cause Proem’s and Astro Digital’s assessments to change. However, while Proem and Astro Digital may elect to update these forward-looking statements at some point in the future, Proem and Astro Digital specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Proem’s and Astro Digital’s assessments as of any date subsequent to the date of this release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Participants in the Solicitation
Proem and Astro Digital and certain of their respective directors, executive officers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the business combination under the rules of the SEC. Information about (i) the directors and executive officers of Proem is set forth in Proem’s Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on March 26, 2026, and (ii) a description of the interests of the directors and executive officers of Proem and Astro Digital and the business combination will be contained in the Registration Statement and the Proxy Statement/Prospectus when available, which documents can be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Contacts
Astro Digital
Email: [email protected]
Website: www.astrodigital.com
Proem Acquisition Corp I
Tel. No. (214) 706-9344
Website: www.proemacq.com
Cambria Gold Mines ponechává projekt Mt. Margaret v portfoliu a odkládá plánovaný spinout, protože v něm vidí potenciál pro výraznou hodnotu pro akcionáře. Zároveň jmenovala Kim Colloton do představenstva a Cleve Rueckerta viceprezidentem pro korporátní rozvoj.
VANCOUVER, British Columbia, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Cambria Gold Mines Inc. (TSXV: CAMB; OTCQX: CAMVF) (“Cambria” or the “Company”) announces that due to the opportunity to realize significant value for shareholders as a potential Tier 1 asset, the Company will retain its ownership in the Mt. Margaret copper and gold porphyry deposit located in Washington State (“Mt. Margaret”), deferring the proposed spinout. Based on ongoing discussions with strategic partners, feedback from Cambria’s investors and the strong fundamentals for copper, the Company believes significantly more value can be added by advancing Mt. Margaret as a significant asset within the portfolio, in addition to the Premier Gold Mine Complex and the Red Mountain Gold Deposit located in the Golden Triangle of British Columbia. Cambria will provide updates on the continued drilling, engineering and construction advancements at the Premier Mine Complex and the Red Mountain Gold Deposit in the near future.
To support Cambria’s new vision of advancing Mt. Margaret, the Company is pleased to announce the immediate addition of an exceptional US-based director to the Cambria board: Kim Colloton. Additionally, Cleve Rueckert, previously announced as Vice-President (USA), will assume the role of Vice-President of Corporate Development for Cambria. As previously announced, Asa East, Vice-President of Exploration (USA), David Thomas, Vice-President Projects (USA) and Orla Abrahams, Manager, Stakeholder Relations (USA) will continue in their current roles.
“We see the opportunity to build an exceptional growth-oriented company at Cambria, anchored by near-term gold production at the Premier Gold Mine Complex in Canada and a potential Tier 1 copper deposit at Mt. Margaret. With over one square kilometer of outcropping mineralization at surface, open for expansion in most directions and at depth below 500 meters, the Mt. Margaret deposit represents a unique opportunity in the United States. Through systematic goals including: permitting milestones, infill and exploration drilling, Mineral Resource Estimates and Economic Studies, we feel that we can add substantial value for our shareholders by keeping our portfolio together,” said Robert McLeod, CEO of Cambria Gold Mines. “Our Company will be supported by the highly accretive addition of US-based team members, including our new director Retired Major General Kim Colloton, as well as ex-Barrick Vice-President Cleve Rueckert.”
“I am excited about this expanded opportunity, working with an exceptional team focused on building something special,” said Cleve Rueckert. “We think there is substantial value embedded in Cambria’s portfolio of assets and I look forward to helping unlock that value for the benefit of our stakeholders, importantly the communities where we work, our employees and our shareholders.”
Cambria’s US-based management team continues to advance permit applications and environmental studies supporting additional exploration drilling at Mt. Margaret in the near future. The Company has also begun engagement with local communities and county, state, federal and Tribal representatives regarding Mt. Margaret. These early discussions are intended to establish open communication, understand stakeholder priorities, and inform the Company’s environmental, technical and socioeconomic work as the project is evaluated. Additionally, Cambria has completed relogging and geological modelling of available core from the deposit, reaffirming its view of Mt. Margaret as a unique and exceptional copper-gold porphyry deposit.
Board and Management Additions:
Major General (Retired) Kim Colloton, Director
Major General (Retired) Kim Colloton, a senior executive leader with over 30 years of distinguished service in the United States Army, has consistently delivered strategic and enterprise-wide impact across complex global organizations and high-stakes missions. Most recently, she served as the Deputy Chief of Engineers and Deputy Commanding General for the U.S. Army Corps of Engineers (USACE) in Washington, D.C. In this role, she provided strategic leadership and oversight for a $90-billion global portfolio and a workforce of 38,000 civilian and military professionals. She drove performance and accountability across resource management, contracting, engineering and construction, human capital, and network modernization, ensuring the effective and efficient delivery of critical capabilities.
Prior to her current role, Major General Colloton served as the Deputy Commanding General for Military and International Programs. In this capacity, she led the worldwide execution of U.S. military design and construction, real estate, environmental services, and foreign military sales programs that supported key partners and allies. She also advanced interagency engineering solutions for organizations such as the Department of Homeland Security and the Department of Veterans Affairs, thereby strengthening mission readiness across government.
Kim’s leadership experience spans multiple command positions, with her most prominent role being the Commanding General of the United States Army Corps of Engineers’ Transatlantic Division. In this capacity, she directed intricate expeditionary engineering operations to support the Department of Defense, U.S. Central Command, and U.S. Special Operations Command across the Middle East and Central Asia. Her operational experience also includes multiple extended deployments to Afghanistan and Iraq, where she led teams in dynamic and high-risk environments.
Additionally, Kim commanded the United States Army Corps of Engineers’ South Pacific Division, overseeing a ten-state region encompassing the Western and Southwestern United States. She collaborated closely with state and federal leaders to deliver mission-critical military construction, significant civil works initiatives such as coastal storm damage mitigation and flood risk reduction, water resource planning, environmental programs, and regional emergency preparedness and disaster response operations. Kim has also held key staff positions, including Chief of the Mission Assurance & Protection Division on the Joint Staff in Washington, D.C.
Kim holds a Bachelor of Architecture and Building Science from Rensselaer Polytechnic Institute, a Master of Science in Civil Engineering from Stanford University, and a Master of Science in National Resource Strategy with a concentration in strategic materials from the National Defense University’s Eisenhower School. She also completed a fellowship at the RAND Corporation’s Arroyo Center. Currently, she serves as a Non-Executive Director for Bayan Mining and Minerals Limited, an Australian Securities Exchange-listed company, and as a Corporate Advisory Board Member for Strategic Solutions Unlimited, located in Fayetteville, North Carolina.
Cleveland Rueckert, Vice-President of Corporate Development
Cleveland Rueckert is a seasoned finance professional with twenty years of capital markets experience spanning investment management, equity research and investor relations. Cleve most recently served as Vice President, Head of Investor Relations at Barrick Mining Corporation, one of the world's leading gold producers, where he helped the investment community understand the value of the world-class Fourmile project. Prior to joining Barrick, Cleve had many years of progressively senior roles at investment banks, primarily in equity research at UBS, concluding as an Executive Director covering the Metals & Mining and Paper & Packaging sectors in both North and South America. He began his career working at Birinyi Associates with the legendary investment strategist and Salomon Brothers alumnus, Laszlo Birinyi.
Cleve holds an MBA from the NYU Stern School of Business and a BA from the University of Vermont. He brings a rare combination of analytical rigor, media fluency, and relationship-building to his work. Beyond his professional life, Cleve serves on the Board of Directors of the YMCA of Greater New York, as Vice Chair of the Finance Committee and as a Director and member of the Investment Committee of the Cleveland H. Dodge Foundation.
Termination of Arrangement with ECC Ventures
The Company is terminating the binding term sheet with ECC Ventures 4 Corp. (TSXV: ECCF.P) (“ECC4”) and cancelling the proposed spin-out transaction with ECC4 and concurrent financing, previously announced on July 7, 2026.
Equity Grant
Cambria further announces the granting of incentive stock options (“Options”) to purchase an aggregate of 2,800,000 common shares of the Company (a “Common Share”) to new directors, officers, employees and consultants of the Company in accordance with the Company's Stock Option Plan, which was approved by the shareholders of the Company at its annual meeting of shareholders held on June 29, 2026. Each Option is exercisable into one Common Share at an exercise price of $0.90. The Options vest over eighteen months, with 25% vesting on the date of grant and an additional 25% vesting every six months thereafter, expiring September 16, 2031.
In addition, the Company has granted 700,000 restricted share units (“RSUs“) and 180,000 deferred share units (“DSUs”) to new directors, officers, employees and consultants of the Company. Each of the RSUs and DSUs will vest equally over three years, with the first vesting date occurring September 16, 2027. Upon vesting, each RSU and DSU represents the right to receive one Common Share in accordance with the Restricted Share Unit Plan / Deferred Share Unit Plan, which was approved by the shareholders of the Company at its annual meeting of shareholders held on June 29, 2026.
About the Mt. Margaret Copper-Gold Deposit
The Mt. Margaret deposit is a calc-alkaline porphyry deposit hosting high-grade copper, gold, and molybdenum mineralization located approximately 22 km southwest of Randle, Washington State. The Mt. Margaret Project is primarily located on patented federal mineral claims that are held by Cambria and the United States Federal Government Bureau of Land Management (“BLM”) and located on Forest Service land. Through its US entity, Ascot USA Inc. (“Ascot US”), Cambria controls 50% mineral rights of select patented claims centered over the deposit with the Federal Government controlling the remaining 50%, as well as other patents in the area. Cambria also controls 100% interest in 184 lode claims surrounding the property. The Company has been advancing discussions with various US Federal Government Departments, including the BLM, regarding future direction for the deposit.
This porphyry system was discovered and actively explored by Duval Corporation (“Duval”) from 1971-1980, completing a total of 20,729m over 105 diamond drill holes (Taylor, 1980)1. In 2010, Cambria’s predecessor, Ascot Resources Ltd., completed 4,880m of infill diamond drilling over 10 holes, which confirmed and expanded the mineralized zones defined by Duval’s drilling (See Cambria’s News Releases dated October 13, November 3, November 23, and December 1, 2010 and January 12, 2011).
A historical mineral resource was completed by Duval for the Mt. Margaret deposit, totaling 577Mt grading 0.36% Cu, 0.24 g/t Au, 0.011% Mo, and 1.58 g/t Ag (Taylor, 1980)1. This historic estimate predates the implementation of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43-101”) guidelines and is not compliant with currently accepted reserve and resource classifications as set forth by the Canadian Institute of Mining and Metallurgy, August 20, 2000 (CIM Guidelines) or the United States Securities and Exchange Commission’s Regulation Subpart 1300 of Regulation S-K (“S-K 1300”). Furthermore, uncertainty regarding cut-off grade, metal prices, modelling methodology, or other parameters and assumptions used in the Duval work could impact the reliability of the historic estimation. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and the Company is not treating the historical estimate as current mineral resources or mineral reserves. Further work including quality assurance / quality control procedures, geological modelling, and assay certificate and collar validation by a Qualified Person would be required to produce a NI-43-101 or an S-K 1300 compliant resource. There are no guarantees that this additional work would confirm the historical resource estimate defined by Duval.
Qualified Person
The scientific and technical information within this news release has been reviewed and approved by Asa East, CPG, Vice President Exploration (USA) for Cambria Gold Mines Inc. and a non-independent Qualified Person as defined by National Instrument 43-101. Mr. East is a Certified Professional Geologist in good standing with the American Institute of Professional Geologists (AIPG).
About Cambria Gold Mines
Cambria Gold Mines is a Canadian mining company headquartered in Vancouver, British Columbia, and its shares trade on the TSXV under the ticker CAMB and on the OTCQX Market with the ticker CAMVF. Cambria is the 100% owner of the Premier Gold mine and Red Mountain Gold Project that are located on Nisga’a Nation Treaty Lands, in the prolific Golden Triangle of northwestern British Columbia. For more information about the Company, please refer to the Company’s profile on SEDAR+ at www.sedarplus.ca or visit the Company’s web site at www.cambriagold.com.
On behalf of the Board of Directors of Cambria Gold Mines Inc.
NEITHER THE 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.
Cautionary Statement Regarding Forward-Looking Information
All statements and other information contained in this press release about anticipated future events may constitute forward-looking information under Canadian securities laws (“forward-looking statements”). Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “targeted”, “outlook”, “on track” and “intend” and statements that an event or result “may”, “will”, “should”, “could”, “would” or “might” occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements, including statements relating to: the advancement of Mt. Margaret and the anticipated creation of value; the results and timing of continued drilling, engineering and construction advancements at the Premier Mine Complex and the Red Mountain Gold Deposit; and future plans, development and operations of the Company. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, risks relating to negative operating cash flows of the Company; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; environmental compliance; risks related to outstanding debt; uncertainty of estimates and projections relating to development, production, costs and expenses, and health, safety and environmental risks; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need to obtain additional financing to finance operations and uncertainty as to the availability and terms of future financing; social media and reputation; negative publicity; human rights; business objectives; shortage of personnel; health and safety; the possibility of delay in future plans and uncertainty of meeting anticipated program milestones; claims and legal proceedings; information systems and cyber security; internal controls; violation of anti-bribery or corruption laws; competition; tax considerations; compliance with listing standards; enforcement of civil liabilities; financing requirement risks; market price volatility of the common shares; uncertainty as to timely availability of permits and other governmental approvals; the need for exchange approval, and other regulatory approvals and other risk factors as detailed from time to time in each party’s respective filings with Canadian securities regulators, available on such party’s profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements are based on assumptions made with regard to: market conditions remaining favourable; the estimated costs associated with the care and maintenance plans; the tax rate applicable to the Company; future commodity prices; the grade of mineral resources and mineral reserves; labor and materials costs increasing on a basis consistent with the Company’s current expectations, the ability of the Company to convert inferred mineral resources to other categories; the ability of the Company to reduce mining dilution; the ability to reduce capital costs; the ability of the Company to raise additional financing; currency exchange rates being approximately consistent with current levels, compliance with the covenants in Cambria’s credit agreements; exploration plans; and general marketing, political, business and economic conditions. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Although the parties believe that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the parties can give no assurance that such expectations will prove to be correct. The parties do not undertake any obligation to update forward-looking statements, other than as required by applicable laws. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.
1 Taylor, J.D., 1980, Margaret project status report: Duval Corporation report (unpublished). Available in the Washington Department of National Resources Archives
DISA Uranium kupuje od Premier American Uranium portfolio uranových projektů v Coloradu a investuje do PUR 5 milionů USD. Transakce rozšiřuje její americkou uranovou základnu a může přidat zhruba 8,7% podíl v PUR.
The Transaction expands DISA Uranium's abandoned uranium mine and conventional uranium portfolio in the western United States and represents the next step in the Company's strategy to consolidate domestic uranium assets around its differentiated recycling, recovery and processing platform.
, /PRNewswire/ -- DISA Uranium™ Corporation ("DISA Uranium" or the "Company"), an American company built to recover and produce domestic uranium and remediate the nation's legacy uranium sites, today announced that it has entered into an asset purchase agreement (the "Agreement") with Premier American Uranium Inc. ("PUR") (TSXV: PUR) (OTCQB: PAUIF) to acquire a portfolio of uranium projects in Colorado (the "Colorado Portfolio").
DISA Uranium will also make a US$5,000,000 strategic equity investment ("Equity Investment") in subscription receipts of PUR ("Subscription Receipts") at a price of C$0.75 per Subscription Receipt (the "Offering Price") and will have the right to nominate one director to PUR's board of directors ("Board") upon closing (collectively, the "Transaction").
PUR is a U.S.-focused uranium exploration and development company with a diversified portfolio spanning five established uranium districts across the western United States. The Transaction establishes a strategic relationship between the companies and supports potential future collaboration across PUR's broader portfolio.
The Transaction represents the next step in DISA Uranium's strategy to consolidate complementary U.S. uranium assets and abandoned uranium mine ("AUM") waste using its proprietary High-Pressure Slurry Ablation technology ("HPSA™").
DISA Uranium holds the only U.S. Nuclear Regulatory Commission license authorizing the remediation and recovery of abandoned uranium mine waste across multiple sites. The Colorado Portfolio complements the Company's conventional uranium assets in Utah, acquired from IsoEnergy Ltd. (see news release dated August 4, 2026), further expanding its potential uranium feedstock base and supporting its plans to develop new domestic uranium recovery and processing capacity.
Greyson Buckingham, Chief Executive Officer of DISA Uranium, commented, "We are excited to add another portfolio of AUM and exploration uranium assets to DISA Uranium's growing U.S. resource base. The Colorado Portfolio builds on the foundation established through our recent transaction with IsoEnergy and represents another step in our strategy to consolidate domestic uranium resources around our differentiated technology and future processing capabilities. Together, our AUM and conventional resource base provide multiple potential sources of uranium feedstock as we work to build a more secure domestic uranium supply chain. Our strategic equity investment and Board representation also establish a strong foundation for an ongoing partnership with PUR as we explore opportunities to collaborate across its broader U.S. portfolio."
Colin Healey, Chief Executive Officer of Premier American Uranium, commented, "We are excited to welcome DISA Uranium as a major strategic shareholder of PUR and look forward to welcoming Greyson Buckingham to our Board upon closing of the Transaction. This relationship extends beyond the sale of our non-core Colorado assets. We see meaningful opportunities to collaborate across our broader U.S. portfolio, including evaluating the potential application of DISA Uranium's HPSA™ technology and future regional processing infrastructure. DISA Uranium's investment strengthens our alignment while providing additional capital to advance PUR's core projects."
The Transaction: Expanding DISA Uranium's Resource Base
DISA Uranium has agreed to acquire PUR's Colorado portfolio of exploration and past-producing uranium assets in the historic Uravan Mineral Belt, comprising the Outlaw Mesa, Atkinson Mesa, Monogram Mesa and Slick Rock projects. The Colorado Portfolio encompasses approximately 20,000 acres across one of the most prolific uranium-vanadium producing districts in the United States and includes eight U.S. Department of Energy uranium and vanadium leases and 545 patented and unpatented lode mining claims, together with associated geological data, historical mine workings and infrastructure.
The portfolio also contains significant abandoned uranium mine waste, with an estimate of approximately 2 million tons of AUM material identified across the properties, providing a potential opportunity for DISA Uranium to apply its differentiated remediation and recovery capabilities alongside the conventional exploration and development potential of the assets. The DOE leases contain approximately 2.7 million pounds of historical uranium resources reported by the DOE and its predecessor agencies.1
The properties are located in the heart of Colorado's Uravan Mineral Belt, a district that has produced nearly 80 million pounds of U₃O₈ and more than 400 million pounds of V2O5 since 1945.
The Transaction expands DISA Uranium's AUM and conventional uranium footprint in the western United States and complements the Company's Utah portfolio acquired from IsoEnergy, which includes the Tony M, Daneros and Rim mines and the Sage Plain and Flatiron projects. Together, the Utah and Colorado assets establish a growing portfolio of conventional uranium assets and potential remediation feedstock across established U.S. uranium districts.
Beyond the Colorado Portfolio acquisition, DISA Uranium's strategic Equity Investment in PUR creates long-term alignment between the companies and provides a platform to pursue additional opportunities across PUR's U.S. uranium portfolio, including the potential application of HPSA™ to support future regional processing capacity.
Transaction Terms
Under the Agreement, DISA Uranium has agreed to acquire the Colorado Portfolio from PUR in consideration for:
the issuance to PUR of US$2,000,000 worth of equity consisting of 25,413 common shares of DISA Uranium ("DISA Uranium Shares") on closing of the Transaction; and the issuance to PUR of warrants exercisable to acquire 25,413 DISA Uranium Shares at a price of US$118.05 per share, subject to the satisfaction of certain vesting conditions. Completion of the Transaction is subject to satisfaction of customary closing conditions as set forth in the Agreement, including, among other things, receipt of applicable regulatory approvals including the approval of the Department of Energy and completion of the Equity Investment, including the conversion of the Subscription Receipts in accordance with the terms thereof.
In connection with the Transaction, DISA Uranium will make a strategic equity investment in PUR, resulting in an approximately 8.7% ownership interest and providing additional capital to advance PUR's core portfolio. Subject to maintaining a specified ownership threshold, DISA Uranium will receive customary participation rights. Upon completion of the Transaction, Greyson Buckingham, Chief Executive Officer of DISA Uranium, will join PUR's Board of Directors.
Pursuant to the Equity Investment, DISA Uranium has agreed to acquire Subscription Receipts for aggregate proceeds of US$5,000,000. Each Subscription Receipt will entitle the holder thereof to automatically receive, upon satisfaction or waiver, as applicable, of certain escrow release conditions (the "Escrow Release Conditions"), one common share of PUR (a "PUR Share").
The Escrow Release Conditions include the satisfaction of all conditions precedent to the completion of the Transaction. The proceeds of the Equity Investment will be held in escrow and not released to PUR until the Escrow Release Conditions are satisfied or waived, as applicable. If the Escrow Release Conditions have not been satisfied or waived, as applicable, on or prior June 13, 2027, the aggregate Offering Price of the Subscription Receipts (plus any interest earned thereon) will be returned to DISA Uranium, and such Subscription Receipts will be automatically cancelled and be of no further force and effect.
About DISA Uranium
DISA Uranium™ Corporation (DISA Uranium) is redefining American uranium recovery and production. Headquartered in Casper, Wyoming, the veteran-led Company recovers uranium and vanadium from abandoned uranium mine (AUM) waste, remediates legacy sites left across the western United States, and applies its patented high-pressure slurry ablation technology (HPSA™) to make conventional uranium production cleaner, more efficient, and more economic. DISA Uranium holds the only U.S. Nuclear Regulatory Commission (NRC) license to treat and recover AUM waste across multiple sites — and with a growing conventional resource base behind it, the Company is building the domestic capacity to turn American waste and American ore into American fuel. Our mission is simple: restore the past while powering the future and rebuild a secure domestic uranium supply chain.
About Premier American Uranium
Premier American Uranium is focused on consolidating, exploring, and developing uranium projects across the United States to strengthen domestic energy security and advance the transition to clean energy. The Company's extensive land position spans five of the nation's top uranium districts, with active work programs underway in New Mexico's Grants Mineral Belt and Wyoming's Great Divide and Powder River Basins.
Backed by strategic partners including Sachem Cove Partners, IsoEnergy Ltd., Mega Uranium Ltd., and other leading institutional investors, PUR is advancing a portfolio supported by defined resources and high-priority exploration and development targets. Led by a distinguished team with deep expertise in uranium exploration, development, permitting, operations, and uranium-focused M&A, the Company is well positioned as a key player in advancing the U.S. uranium sector.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of the Company may differ materially from those expressed or implied by such forward-looking statements and assumptions. Words such as "believe," "expect," "anticipate," "will," "estimates," "may," "likely," "could," "should", "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or 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" and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements relating to the Transaction, including statements with respect to the completion of the Transaction, the Equity Investment and the timing thereof; the anticipated benefits of the Transaction for the Company and shareholders of the Company; the expected receipt of regulatory and other approvals relating to the Transaction and the Equity Investment; the future prospects of the Company, including planned regional processing capacity; the potential recovery, remediation and processing opportunities associated with the Colorado Portfolio, including the potential application of HPSA™ technology and the expected uranium feedstock potential of the acquired assets; the satisfaction or waiver of the Escrow Release Conditions; the expected proceeds of the Equity Investment and the anticipated use thereof; and other activities, events or developments that are expected, anticipated or may occur in the future.
These forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those that the Company has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the Company's control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the inability of the Company and PUR to complete the Transaction and the Equity Investment; a material adverse change in the timing of and the terms and conditions upon which the Transaction and the Equity Investment are completed; the inability to satisfy or waive all conditions to completion of the Transaction and the Equity Investment; the failure to obtain regulatory approvals in connection with the Transaction and the Equity Investment; the inability to realize the benefits anticipated from the Transaction and the timing to realize such benefits; changes to the Company's and/or PUR's current and future business plans and the strategic alternatives available thereto; growth prospects and outlook of the Company's business; negative operating cash flow and dependence on third-party financing; uncertainty of additional financing; reliance on key management and other personnel; the hiring and retention of key employees, availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena; other environmental risks; changes in laws and regulations; regulatory determinations and delays; stock market conditions generally; supply chain constraints, the need to effectively manage third-party suppliers demand, supply and pricing for uranium; other risks associated with the mineral exploration industry, and general economic and political conditions in jurisdictions where the Company conducts business.
If any of these risks materialize or the Company's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know of or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Company's expectations, plans, or forecasts of future events and views only as of the date of this press release. The Company assumes no obligation and does not intend to update these forward-looking statements, except as required by applicable law.
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1 These historical estimates are not current mineral resource estimates and should not be treated as such.
Acurx uvedla, že ibezapolstat v laboratorní studii lépe zabíjel C. difficile než vancomycin a zároveň eradikoval VRE. Při ko-kultuře dosáhl 5,51logové redukce a snížil expresi toxinu B.
The microbiome of patients experiencing recurrent CDI is frequently dominated by overgrowths of Enterococcus species This study evaluated the in vitro bactericidal and molecular efficacy of ibezapolstat (IBZ), vancomycin (VAN), and fidaxomicin (FDX) against C. difficile and Enterococcus in standalone and complex co-culture environments These findings demonstrate that Enterococcus creates a protective microenvironment that actively impairs C. difficile killing using standard of care antibiotic regimens IBZ maintained superior bactericidal activity under co-culture conditions, including further decreasing Clostridioides difficile toxin B (TcdB) expression while simultaneously eradicating vancomycin-resistant bacterial overgrowth Acurx has previously been granted FDA QIDP and Fast-Track Designation and has received SME (Small and Medium-sized Enterprise) designation by the EMA , /PRNewswire/ -- Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) a late clinical stage biopharmaceutical company developing a new class of antibiotics for difficult-to-treat bacterial infections, announced today that a scientific poster entitled: Comparative In Vitro Killing Kinetics of Ibezapolstat and Comparator Antibiotics in Clostridioides difficile and Vancomycin-resistant Enterococcus Co-Cultures was presented at the 9th International C. difficile Symposium held in Bled, Slovenia from September 8-10, 2026. The poster was presented by Dr. Eugenie Bassères, Research Scientist, University of Houston College of Pharmacy.
All vancomycin-resistant Enterococcus (VRE) strains demonstrated high-level resistance to VAN (MIC >128 μg/mL), whereas IBZ and FDX exhibited equivalent lower susceptibility thresholds (MIC range: 2–16 μg/mL). In monoculture, IBZ displayed potent bactericidal activity against C. difficile non-inferior to FDX (p ≥ 0.2381). Enterococcus co-culture with C. difficile created severe microbial interference that impaired C. difficile killing across all antibiotic arms, decreasing killing by up to 2.90 logs; however, IBZ maintained the highest residual anti-C. difficile performance (5.51-log reduction), significantly outperforming VAN (p = 0.0112). Conversely, C. difficile presence exerted negligible interference on VRE killing, where IBZ and FDX maintained robust anti-VRE killing while VAN remained inactive. At the transcriptional level, all treatments significantly suppressed TcdB gene abundance compared to the experimental laboratory control while IBZ showed statistically significant superiority over the other two antibiotics in decreasing the VanA cluster (ibezapolstat, vancomycin and fidaxomicin)
The study was performed at the University of Houston laboratory of Kevin Garey, PharmD, MS, FIDSA, Professor and Chair, University of Houston College of Pharmacy, and Principal Investigator for microbiology and microbiome aspects of the ibezapolstat clinical trial program. Commenting on the significance of the results of the study, Dr. Garey stated: "These new data add to the growing body of evidence supporting ibezapolstat's unique antibacterial pharmacology to kill C. difficile while preserving the microbiome. Prior studies have shown that Enterococcus increases the severity of C. difficile infection. This study adds in vitro evidence that ibezapolstat doesn't cause overgrowth of vancomycin-resistant Enterococcus and also maintains killing efficacy against C. difficile strains."
Robert J. DeLuccia, Executive Chairman of Acurx, stated: "If these results are validated in our Phase 3 registration program, and ultimately in clinical practice, for the treatment of patients with CDI, ibezapolstat's activity has the potential to reduce the nosocomial emergence of the critical pathogen VRE while treating CDI." He further stated: "Adding to the totality of data on ibezapolstat from studies such as this increase our confidence in a successful outcome of our clinical trial program and continue to elevate our favorable product profile and attractive value proposition, including in-market competitive advantage compared to vancomycin and fidaxomicin, the current standards of care for acute CDI, particularly for the reduction of recurrence".
The poster is available on Acurx Pharmaceuticals' website: www.acurxpharma.com
Acurx previously reported the successful outcome of a Type C Meeting conducted with FDA on July 13, 2026 to discuss ibezapolstat's Phase 3 clinical program and scope of its planned NDA. The Agency stated that it is open to further discussion at a Pre-NDA Meeting regarding the possibility of submitting an NDA with only a single Phase 3 trial, depending on the totality of the clinical data plus any other supportive data that Acurx may generate by that milestone. The Agency noted that determination of acceptability of one Phase 3 clinical trial for an NDA is made on a case-by-case basis, taking into consideration such factors as the magnitude, consistency, and overall robustness of the efficacy results; generalizability of the results to the US population; relevance of the results to US patient care and clinical practice guidelines; Phase 2 data; and an adequate safety database. The Agency acknowledged Acurx's planned clinical trial in recurrent CDI (rCDI) and noted the data from this rCDI trial, if successful, will support an NDA submission. If the IBZ-ASPIRE trial does not meet these criteria, then a second trial consistent with the agreement reached at the end of Phase 2 (EOP2) meeting on April 27, 2024 is recommended.
The currently planned IBZ-ASPIRE trial is of non-inferiority design with the primary efficacy analysis in the Modified Intent-To-Treat (mITT) population. This will result in approximately 550 subjects in the mITT population, randomized in a 1:1 ratio to either ibezapolstat or standard-of-care vancomycin. The Agency also agreed with the overall trial design and evaluation criteria and further agreed that the trial testing criteria, if successful, could support indications for both the acute treatment and the reduction of recurrence of CDI. In the event non-inferiority of ibezapolstat to vancomycin for Clinical Cure of CDI is demonstrated, further analyses will be conducted to test for superiority for reduction of recurrence and for clinical cure of CDI.
Acurx also previously announced that it is conducting a new clinical trial (IBZ-PATHFINDER) in patients with multiply recurrent C. difficile Infection (rCDI) while its program in the broader CDI patient population is ready to advance to Phase 3 international clinical trials (IBZ-ASPIRE), subject to receiving appropriate funding. This new IBZ-PATHFINDER clinical trial in rCDI involves an open-label pilot trial to gain experience with IBZ in patients with multiply-recurrent CDI with at least 3 episodes of CDI within the past 12 months.
About the International C. difficile Symposium (ICDS)
The International C. difficile Symposium (ICDS) is established as the premier venue for the review of Clostridium difficile research. The first meeting was held in Kranjska Gora in 2004, the 2nd in Maribor in 2007, while all earlier meetings were in Bled in 2010, 2012, 2015 and in 2018. ICDS in 2020 was held virtually. The 2026 meeting will provide a forum for the C. difficile community to exchange knowledge across disciplines, from epidemiology and diagnostics to clinical trials and basic research, fostering innovative approaches to understanding pathogenesis and improving disease control.
About the Ibezapolstat Phase 2 Clinical Trial
The completed multicenter, open-label single-arm segment (Phase 2a) study was followed by a double-blind, randomized, active-controlled, non-inferiority, segment (Phase 2b) at 28 US clinical trial sites which together comprise the Phase 2 clinical trial. (see https://clinicaltrials.gov/ct2/show/NCT04247542). This Phase 2 clinical trial was designed to evaluate the clinical efficacy of ibezapolstat in the treatment of CDI including pharmacokinetics and microbiome changes from baseline and continue to test for anti-recurrence microbiome properties seen in the Phase 2a trial, including the treatment-related changes in alpha diversity and bacterial abundance and effects on bile acid metabolism. (Data published in Lancet, August 2025 https://www.thelancet.com/journals/lanmic/article/PIIS2666-5247(25)00054-0/fulltext).
About Ibezapolstat
Ibezapolstat is the Company's lead antibiotic candidate planning to advance to international Phase 3 clinical trials to treat patients with C. difficile infection. Ibezapolstat is a novel, orally administered antibiotic, being developed as a Gram-Positive Selective Spectrum (GPSS®) antibacterial. It is the first of a new class of DNA polymerase IIIC inhibitors under development by Acurx to treat bacterial infections. Ibezapolstat's unique spectrum of activity, which includes C. difficile but spares other Firmicutes and the important Actinobacteria phyla, appears to contribute to the maintenance of a healthy gut microbiome.
In June 2018, ibezapolstat was designated by the U.S. Food and Drug Administration (FDA) as a Qualified Infectious Disease Product (QIDP) for the treatment of patients with CDI and will be eligible to benefit from the incentives for the development of new antibiotics established under the Generating New Antibiotic Incentives Now (GAIN) Act. In 2019, FDA granted "Fast Track" designation to ibezapolstat for the treatment of patients with CDI. The CDC has designated C. difficile as an urgent threat highlighting the need for new antibiotics to treat CDI.
About Clostridioides difficile Infection (CDI) and Recurrent CDI (rCDI)
According to the 2017 Update (published February 2018) of the Clinical Practice Guidelines for C. difficile Infection by the Infectious Diseases Society of America (IDSA) and the Society of Healthcare Epidemiology of America (SHEA), CDI remains a significant medical problem in hospitals, in long-term care facilities and in the community. C. difficile is one of the most common causes of health care-associated infections in U.S. hospitals (Lessa, 2015, NEJM). Recent estimates suggest C. difficile approaches 500,000 infections annually in the U.S. and is associated with approximately 30,000 deaths annually. (Guh, 2020, NEJM. Based on internal estimates, the recurrence rate for the antibiotics currently used to treat CDI is between 20% and 40%. We believe the annual incidence of CDI in the U.S. approaches 600,000 infections and a mortality rate of approximately 9.3%.
In recent studies, rCDI ranges from 4% to 19.5% following treatment with fidaxomicin and 17 to 27% following treatment with vancomycin. In patients with multiple prior episodes of CDI, rCDI following treatment with vancomycin is even more problematic, with an incidence of up to 40%. Consequently, the principal unmet medical need in this disease is the prevention of recurrence. The estimated annual public health cost burden in the U.S. annually is ~$5 billion annually with ~$2.8 billion due to recurrent CDI.
About the Microbiome in C. difficile Infection (CDI) and Bile Acid Metabolism
C. difficile can be a normal component of the healthy gut microbiome, but when the microbiome is thrown out of balance, the C. difficile can thrive and cause an infection. After colonization with C. difficile, the organism produces and releases the main virulence factors, the two large clostridial toxins A (TcdA) and B (TcdB). (Kachrimanidou, Microorganisms 2020, 8, 200; doi:10.3390/microorganisms8020200.) TcdA and TcdB are exotoxins that bind to human intestinal epithelial cells and are responsible for inflammation, fluid and mucous secretion, as well as damage to the intestinal mucosa.
Bile acids perform many functional roles in the GI tract, with one of the most important being maintenance of a healthy microbiome by inhibiting C. difficile growth. Primary bile acids, which are secreted by the liver into the intestines, promote germination of C. difficile spores and thereby increase the risk of recurrent CDI after successful treatment of an initial episode. On the other hand, secondary bile acids, which are produced by normal gut microbiota through metabolism of primary bile acids, do not induce C. difficile sporulation and therefore protect against recurrent disease. Since ibezapolstat treatment leads to minimal disruption of the gut microbiome, bacterial production of secondary bile acids continues which may contribute to an anti-recurrence effect. Beneficial effects of bile acids include a decrease in primary bile acids and an increase in secondary bile acids in patients with CDI, which was observed in the Company's Ph2a trial results and previously reported (CID, 2022). In the Ph2b trial, ibezapolstat-treated patients showed lower concentrations of fecal primary bile acids, and higher beneficial ratio of secondary to primary bile acids than vancomycin-treated patients.
About Acurx Pharmaceuticals, Inc.
Acurx Pharmaceuticals is a late-stage biopharmaceutical company focused on developing a new class of small molecule antibiotics for difficult-to-treat bacterial infections. The Company's approach is to develop antibiotic candidates with a Gram-positive selective spectrum (GPSS®) that blocks the active site of the Gram-positive specific bacterial enzyme DNA polymerase IIIC (pol IIIC), inhibiting DNA replication and leading to Gram-positive bacterial cell death. Its R&D pipeline includes antibiotic product candidates that target Gram-positive bacteria, including Clostridioides difficile, methicillin- resistant Staphylococcus aureus (MRSA), vancomycin resistant Enterococcus (VRE), drug- resistant Streptococcus pneumoniae (DRSP) and B. anthracis (anthrax; a Bioterrorism Category A Threat-Level pathogen). Acurx's lead product candidate, ibezapolstat, for the treatment of C. difficile Infection is preparing to advance into international Phase 3 trials.
Additionally, the Company has initiated start-up activities for a ground-breaking clinical trial in patients with rCDI with the first patient expected to enroll in the fourth quarter this year. This trial is a 20-patient, open-label pilot trial in patients with multiply-recurrent CDI with at least 3 episodes of CDI in the past year and will inform elements of a planned active-controlled, Phase 3 registration trial in the rCDI. Upon subsequent successful completion of a Ph3 pivotal rCDI trial, and per the operative FDA procedure, Acurx plans to request FDA approval for treatment and prevention of rCDI under the FDA's Limited Population Pathway for Antibacterial and Antifungal Drugs (Guidance for Industry, 2020). Successful trial outcome has the potential to shift the paradigm of treatment and prevention of rCDI from two agents to one.
The Company's preclinical pipeline includes development of an oral product candidate for treatment of ABSSSI (Acute Bacterial Skin and Skin Structure Infections), upon which a development program for post-exposure prophylaxis of inhalation anthrax is being planned in parallel.
Learn more about Acurx Pharmaceuticals and its product pipeline, please visit www.acurxpharma.com
Forward-Looking Statements
Any statements in this press release about our future expectations, plans and prospects, including statements regarding our strategy, future operations, prospects, plans and objectives, and other statements containing the words "believes," "anticipates," "plans," "expects," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including whether ibezapolstat will benefit from the QIDP designation; whether ibezapolstat will advance through the clinical trial process on a timely basis; whether the results of the clinical trials of ibezapolstat will warrant the submission of applications for marketing approval, and if so, whether ibezapolstat will receive approval from the FDA or equivalent foreign regulatory agencies where approval is sought; whether, if ibezapolstat obtains approval, it will be successfully distributed and marketed; and other risks and described in the Company's annual report on Form 10-K for the year ended December 31, 2025 as filed with the Securities and Exchange Commission on March 12 2026, and in the Company's subsequent filings with the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this press release, and Acurx disclaims any intent or obligation to update these forward-looking statements to reflect events or circumstances after the date of such statements, except as may be required by law.
Investor Contact:
Acurx Pharmaceuticals, Inc.
David P. Luci, President & CEO
Tel: 917-533-1469
Email: [email protected]
Pracovníci dolu Premier společnosti Yancoal Australia odhlasovali stávku kvůli sporu o mzdy a jistotu benefitů. Více než 90 % členů MEU podpořilo všechny navržené kroky, včetně pracovních přestávek delších než 12 hodin.
Workers at Yancoal Australia's (YAL.AX) Premier coal mine voted in favour of a strike, seeking higher pay and greater certainty over entitlements and future earnings, the Mining and Energy Union (MEU) said on Wednesday.
Here are the details:
More than 90% of MEU members supported every proposed action, including stoppages longer than 12 hours, but did not say when they would go on strike.
The strike is also backed by members of the Australian Manufacturing Workers’ Union, with 93% voting in favour.
The Premier coal mine, which supplies coal to power generators in Western Australia, is expected to close around the end of the decade amid Western Australia's transition away from government-owned coal-fired power generation by 2030.
The union explained that the current agreement includes six possible roster arrangements, some of which could affect redundancy calculations if implemented.
Yancoal Australia did not immediately respond to a Reuters request for comment. Its majority shareholder is Chinese state-backed miner Yankuang Energy (600188.SS).
Australian miners are facing rising cases of industrial action, amid inflation and changes to workplace laws under the Labor government.
Akcie Premier African Minerals klesly o více než 27 % poté, co společnost oznámila plán vydat až 58,63 miliardy nových akcií kvůli financování projektu Zulu a posílení bilance. Akcionáři budou hlasovat 23. září.
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) shares dropped more than 27% to 0.1p on Friday after the company outlined plans to seek authority to issue tens of billions of new shares as it looks to fund the Zulu lithium project and strengthen its balance sheet.
Premier called a general meeting for 23 September, where shareholders will vote on proposals including authority to issue up to 58.63 billion ordinary shares to support the operational and funding plan for its Zulu Lithium and Tantalum Project in Zimbabwe.
A further 5.40 billion shares could be issued to settle outstanding creditor obligations, including approximately US$880,000 owed to J R Goddard Contracting and US$289,064 owed to China Zenith Capital.
Another resolution would authorise up to 8.57 billion shares for Canmax Technologies under existing conversion rights.
Premier's current financial forecast identifies a funding requirement of around $19.1 million through to the end of 2027, with the proposed initial share authority providing capacity to raise approximately $12.7 million based on a 0.016p share price.
Shareholders will also be asked to approve a further 10-for-one share consolidation, aimed at reducing the company's more than 50 billion shares currently in issue.
Premier cautioned that it has limited funds and needs additional financing to meet its obligations, warning that failure to secure funding could materially affect both Zulu and the group's financial position.
Truist Financial rozšiřuje Truist Premier pro majetnější klienty a depozitní produkty Premier meziročně vzrostly o 27 %. Ve 2. čtvrtletí vzrostly i příjmy z wealth managementu o 8 %.
Key Takeaways TFC expands Premier with advice-led banking, planning, investment guidance and dedicated client support.Premier deposit production rose 27% from the prior year, creating opportunities to deepen relationships.TFC's Q2 wealth management income grew 8% year over year, supporting Premier's potential wealth pipeline. Truist Financial Corporation (TFC - Free Report) is expanding Truist Premier, an advice-led banking offering for mass affluent clients with $100,000 or more in assets. The initiative combines personalized planning, investment guidance, premium banking benefits and dedicated support to deepen customer relationships.
TFC Expands Advice-Led BankingTruist Premier is designed to address the growing financial complexity of mass affluent customers by bringing banking, financial planning, and investment guidance under a more integrated relationship. Clients receive access to advisors through the Client Advisory Center, while customers with $250,000 or more in assets can receive more comprehensive financial planning. Truist is also investing in additional Premier advisors and expanding its advisor development program to increase access to personalized guidance.
The offering also connects personal and business financial needs for clients who own small businesses, allowing TFC to provide more holistic solutions. This creates opportunities to strengthen relationships across deposits, lending, investments and other financial services as customers' needs evolve.
TFC Leverages Technology to Enhance Client ExperienceTechnology is an important component of the Truist Premier strategy. AI-powered branch insights provide bankers with relevant customer information in real time, helping them tailor conversations and recommendations to individual financial needs. Truist Insights has also delivered more than 2 billion personalized, real-time financial insights through mobile and online banking.
Truist is expanding digital financial planning capabilities for clients with $250,000 or more in assets, giving customers greater flexibility in accessing advice. The combination of digital tools and human guidance could help the company deliver a more personalized experience while improving engagement across channels.
This complements Truist's broader digital transformation efforts, with Truist Assist usage increasing 60% year over year to nearly 2 million interactions in the second quarter of 2026.
TFC Builds Deposit and Wealth-Management OpportunitiesTruist Premier is already showing encouraging momentum, with Premier deposit production increasing 27% from the prior year. Stronger deposit relationships could help Truist deepen engagement with customers who have significant investable assets and potentially increase product penetration across its consumer franchise.
The offering also creates a potential pipeline into Truist Wealth, which will continue serving clients with more than $1 million in assets. Retaining customers as their wealth grows could allow the company to capture a larger share of their financial needs over time and support growth across its wealth-management and investment businesses. The opportunity is supported by an 8% year-over-year increase in wealth management income in the second quarter of 2026.
Wealth Management Income Y/Y
Image Source: Truist Financial Corporation
Our Take on Truist’s Latest InitiativeThe expansion of Truist Premier is a positive, as the increase in deposit production points to solid early traction. The strategy should help the company strengthen its mass affluent franchise while creating opportunities to expand fee-generating services and wealth-management relationships. This is supported by higher wealth management income, highlighting the potential for deeper integration between banking and investment services.
Still, execution remains important, particularly around advisor expansion and the adoption of digital planning tools. If the company can sustain deposit momentum and successfully deepen client relationships, Premier could become a meaningful contributor to the company's longer-term growth. The strategy also aligns with the company's broader focus on fee income, with management expecting non-interest income to increase 10% in 2026.
Over the past year, TFC shares have gained 7.5%, compared with the industry's 29.8% increase.
One-Year Price Performance
Image Source: Zacks Investment Research
At present, Truist Financial carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Business Expansion Efforts by Other Financial FirmsIn August 2026, Interactive Brokers Group, Inc. (IBKR - Free Report) expanded its presence in South Korea through a strategic collaboration with Daol Investment & Securities. The partnership will provide eligible South Korean investors with cost-effective access to global equities, leveraging Daol’s local reach and IBKR’s technology and trading infrastructure.
The collaboration supports Interactive Brokers’ strategy of expanding its international client base and cross-border investing capabilities. The company’s strong operating momentum, including a 27% year-over-year increase in July Daily Average Revenue Trade and a 34% rise in client accounts, further supports its long-term global growth strategy.
Likewise, Banco Santander S.A. (SAN - Free Report) completed the acquisition of Webster Financial, creating a larger and more diversified U.S. banking franchise. The $12.3 billion deal expands SAN’s scale, strengthens its Northeast presence and enhances its commercial banking and deposit capabilities.
The acquisition supports Banco Santander’s strategy of expanding its U.S. franchise and is expected to generate around $800 million in annual pre-tax cost synergies and 7-8% EPS accretion by 2028.
Premier American Uranium hlásí na projektu Kaycee ve Wyomingu mineralizaci uranu ve dvou oddělených pískovcových vrstvách. V průzkumném vrtání už dokončila 50 vrtů o celkové délce 41 960 stop z plánovaných 100 000 stop, což představuje přibližně 42 % programu.
TORONTO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to report encouraging mid-season results from its ongoing 100,000-foot 2026 exploration drilling program at the Company’s wholly-owned Kaycee Project (“Kaycee” or the “Project”) in Wyoming’s Powder River Basin. Since drilling commenced in early May, 50 conventional mud-rotary drillholes totaling 41,960 feet have been completed across the Rustler and Outpost target areas, representing approximately 42% of the planned 100,000-foot program (Figure 1).
2026 Program Highlights
Uranium mineralization encountered across Rustler: Thirteen of 22 holes drilled in the Rustler target area (drill holes RT26-082 through RT26-104) encountered uranium mineralization at grades of 0.02% eU₃O₈ or higher (Table 1). Notably, hole RT26-085 intersected 3.5 ft grading 0.135% eU₃O₈, including 2 ft grading 0.204% eU₃O₈, confirming the presence of uranium mineralization within the system.Two distinct mineralized sandstone units identified at Rustler: Drilling has confirmed uranium mineralization within two separate sandstone units in the lower Wasatch Formation, the principal host formation for uranium deposits in the adjoining Pumpkin Buttes mining district. Uranium mineralization has been encountered in both sands, and gamma ray borehole geophysical log results indicate possible stacked roll fronts in the upper unit. Oxidation states of the two sandstone units indicate that the two mineralized systems are independent of one another, with the redox boundary in the lower sand unit well to the east of the redox boundary in the upper sand, providing multiple prospective trends for ongoing exploration (Figure 2).Additional uranium mineralization encountered at Outpost: Seven of 27 holes completed (drill holes LT26-074 through LT26-100) at the Outpost target encountered uranium mineralization grading 0.02% eU₃O₈ or higher (Table 1 and Figure 3).Growing geological model guiding ongoing drilling: Combined 2025 and 2026 results at Rustler are providing an increasingly detailed picture of subsurface channel geometry and associated mineralized trends. Radiometric assay results and borehole geophysical data are being incorporated in real time to refine the geological model and guide subsequent drill locations. Colin Healey, CEO of PUR commented, “We’re seeing good success from our 2026 program at Kaycee, with nearly half of the planned 100,000 feet of drilling now complete. With approximately 430 miles of interpreted roll fronts, we believe we are just beginning to unlock the potential of this large mineralized system. This year’s drilling is focused on systematically testing that potential, identifying the extents of mineralization in the targeted areas and identifying the areas with the greatest opportunity to build pounds. The results at Rustler are particularly encouraging, with mineralization identified in two distinct sandstone units and indications of potentially stacked roll fronts. As we continue drilling, our goal is to advance these mineralized trends and build the geological understanding needed to ultimately define a meaningful uranium resource at Kaycee.”
Table 1. 2026 Kaycee Significant Intercepts
DrillholeInterceptFrom
(ft)To
(ft)Thickness
(ft)eU308%LT26-074intersected214.5215.510.052 and798.5800.520.036LT26-076intersected80280530.022 including803804.51.50.03LT26-077intersected792.5794.520.073 including793793.50.50.101LT26-078intersected74874910.029LT26-079intersected771.5772.510.022 and78778920.027LT26-083intersected77377410.026LT26-086intersected793793.50.50.026RT26-082intersected374378.54.50.034RT26-083intersected374.53750.50.02 and38038220.046RT26-085intersected408411.53.50.135 including408.5410.520.204RT26-089intersected39339520.047 including393.53940.50.07 and444.5446.520.022 including445446.51.50.025 and662.5663.510.023 and671672.51.50.027 and67567610.023RT26-090intersected381.5386.550.03 including382.53863.50.038RT26-092intersected674.56783.50.064 including675.5676.510.11RT26-093intersected43343520.018 including434434.50.50.02RT26-094intersected431435.54.50.043 including431.5433.520.068 including432432.50.50.103RT26-096intersected67367740.032 including67467620.037RT26-101intersected37938120.033RT26-102intersected423424.51.50.021RT26-103intersected426427.51.50.029 and434.5435.510.023RT26-104intersected389.53911.50.029 and39239640.041 including395395.50.50.068
Notes: Drill holes reported here encountered uranium mineralization at or above a cut-off grade of 0.02% eU₃O₈. All grades were calculated from gamma-ray logs measured by Hawkins CBM Logging of Casper, Wyoming, which is independent of the Company. The geophysical results are based on equivalent uranium (eU3O8) of the gamma-ray probes which are calibrated at the Department of Energy’s test facility in Casper, Wyoming. Uranium grades cited are calculated from gamma-ray logs, and the cited grades are “equivalent” (“e”) grades of U₃O₈ %. eU₃O₈ is a measure of gamma intensity from a decay product of uranium and is not a direct measurement of uranium. No corrections were made for radiometric disequilibrium. Numerous comparisons of eU₃O₈ and chemical assays of PRB core samples indicate that eU₃O₈ is a reasonable indicator of the actual uranium assay. All drill holes are vertical in orientation and the geologic units hosting the uranium mineralization are generally very flat lying, therefore reported thicknesses represent true thicknesses.
Figure 1. Kaycee Project Key Targets in 2026
Figure 2. Rustler 2026 Drill Holes
Figure 3. Outpost 2026 Drill Holes
Kaycee Project
The Kaycee Project in Wyoming's Powder River Basin (PRB) consists of over 42 square miles of mineral rights over a 36-mile mineralized trend hosting more than 110 miles of identified roll fronts (Figure 4). The Project is believed to be the only project in the PRB where all three known historically productive sandstone formations (Wasatch, Fort Union, and Lance) are mineralized and potentially accessible for ISR extraction. The Project represents the largest grass-roots ISR exploration project in the United States, with upwards of 400,000 ft of drilling completed since 2023.
PUR anchors one of the strongest exploration portfolios in Wyoming, combining its Cyclone Project in the Great Divide Basin with Kaycee to drive one of the largest ongoing drilling programs in the state and significantly expand its presence in both of the state’s major ISR-amenable uranium districts.
Figure 4. PUR’s Wyoming exploration portfolio, highlighting the Kaycee Project in the Powder River Basin and the Cyclone Project in the Great Divide Basin. Active exploration is currently underway at both projects.
Qualified Person Statement
The scientific and technical information contained in this news release was reviewed and approved by J.J. Brown, P.G., SME-RM, PUR’s Vice President Exploration, who is a “Qualified Person” as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Ms. Brown has verified the data disclosed in this news release, including sampling, analytical, and test data underlying the information contained herein.
The drilling results cited in this news release were derived from conventional mud rotary drill holes and continuously recorded geophysical responses (gamma-ray, spontaneous-potential, and single point resistivity) from a borehole geophysical probe. The mineralized zones are flat lying and the individual drill holes are vertical in orientation, and the thicknesses cited in this release are considered to be true thicknesses. Grades of mineralization reported were calculated from the gamma-ray logs following a procedure that was first developed in the early 1960s and is standard practice in the uranium industry. The borehole geophysical logging was carried out by Century Geophysics of Tulsa, Oklahoma, a highly experienced and skilled geophysical contractor with a well-established history of providing reliable and accurate data.
Other information regarding the Company’s Kaycee Project, including with respect to the Quality Assurance and Quality Control measures applied during the work program can be referenced from the “Technical Report for NI 43-101 Kaycee Uranium Project, Johnson County, Wyoming USA”, dated September 21, 2025, which is available under the Company’s profile on SEDAR +, at www.sedarplus.ca.
About Premier American Uranium Inc.
Premier American Uranium is focused on consolidating, exploring, and developing uranium projects across the United States to strengthen domestic energy security and advance the transition to clean energy. The Company’s extensive land position spans five of the nation’s top uranium districts, with active work programs underway in New Mexico’s Grants Mineral Belt and Wyoming’s Great Divide and Powder River Basins.
Backed by strategic partners including Sachem Cove Partners, IsoEnergy Ltd., Mega Uranium Ltd., and other leading institutional investors, PUR is advancing a portfolio supported by defined resources and high-priority exploration and development targets. Led by a distinguished team with deep expertise in uranium exploration, development, permitting, operations, and uranium-focused M&A, the Company is well positioned as a key player in advancing the U.S. uranium sector.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements with respect to, additional exploration activities planned for 2026, the anticipated results thereof and the anticipating timing for reporting of such results; future prospects for exploration; the potential for mineral resource identification at the Project; expectations regarding the transition to clean energy in the US; and other activities, events or developments that are expected, anticipated or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are based on our current expectations, beliefs, assumptions, estimates and forecasts about PUR’s business and the industry and markets in which it operates. Such forward-information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned exploration activities, the completion, timing and results of planned exploration activities being consistent with expectations, the anticipated mineralization being consistent with expectations, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by PUR in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Premier American Uranium to differ materially from any projections of results, performances and achievements of Premier American Uranium expressed or implied by such forward-looking information or statements, including, among others: limited operating history, negative operating cash flow and dependence on third party financing, uncertainty of additional financing, delays or failure to obtain required permits and regulatory approvals, changes in mineral resources, no known mineral reserves, aboriginal title and consultation issues, reliance on key management and other personnel; potential downturns in economic conditions; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; changes in laws and regulation, competition, and uninsurable risks and the risk factors with respect to Premier American Uranium set out in the documents of PUR filed with the Canadian securities regulators and available under PUR’s profile on SEDAR+ at www.sedarplus.ca.
Although PUR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. PUR undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.
Figures accompanying this announcement are available at
Federated Hermes Premier Municipal Income Fund (NYSE: FMN) vyhlásil dividendu 0,0450 USD na akcii, beze změny oproti předchozímu měsíci. Datum ex-dividend i rozhodné datum je 21. srpna 2026, výplata připadne na 1. září 2026.
, /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).
Tax-Free Dividend Per Share
Record Date:
Aug. 21, 2026
Ex-Dividend Date:
Aug. 21, 2026
Payable Date:
Sept. 1, 2026
Amount
Change From Previous Month
$0.0450
$0.0000
Investors can view additional portfolio information in the Products section of FederatedHermes.com/us.
Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $911.6 billion in assets under management, as of June 30, 2026. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has more than 2,200 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com/us.
Premier African Minerals získala 550 000 GBP nového kapitálu, aby udržela provoz projektu Zulu lithium a tantalum, zatímco pokračují jednání s Canmax Technologies. Akcie ve středu klesly o 11 % na 0,015 p.
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) shares moved 11% lower on Wednesday, down to 0.015p, after the mining junior announced it is raising £550,000 of new equity to maintain operations at its Zulu lithium and tantalum project while negotiations continue with Canmax Technologies over an extension to the Long Stop Date to a previously agreed prepayment and offtake transaction.
The AIM-listed miner issued 4 billion new shares at 0.01375p each through a direct subscription, with the newly issued shares representing roughly 8% of the enlarged issued capital.
Premier said the proceeds would principally fund operating expenditure at Zulu, the continuation of mining and stockpiling, working capital and payments to essential creditors.
Managing director Graham Hill said the funding would support preparations for the next production and optimisation campaign once a revised operating timetable had been confirmed.
"The company will provide shareholders with a further update once discussions with Canmax have concluded or upon any material development," he added.
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2026) - Cambria Gold Mines Inc. (TSXV: CAMB) (OTCQX: CAMVF) ("Cambria" or the "Company") is pleased to announce additional assay results from the underground infill drilling program at the Prew Zone of the Premier-Northern Light deposit at the Premier Gold Project ("PGP" or the "Premier Project"), located near Stewart in northwestern British Columbia. Results from a total of 3,151 metres over 42 underground drillholes are reported herein. Highlight results include:
24.36 g/t Au over 6.3 m (incl. 76.70 g/t Au over 1.8 m) in hole P26U-002313.17 g/t Au over 10.6 m (incl. 64.66 g/t Au over 1.9 m) in hole P26U-00268.31 g/t Au over 11.0 m (incl. 22.13 g/t Au over 2.8 m & 17.70 g/t Au over 1.0 m) in hole P26U-00333.30 g/t Au over 25.0 m (incl. 42.90 g/t Au over 1.0 m) in hole P26U-00347.89 g/t Au over 8.0 m (incl. 17.00 g/t Au over 3.0 m) in hole P26U-0014"Drilling continues to define wide, high-grade areas as well as important understanding of post mineral faults at the Prew Zone; additional underground infill drilling will recommence subsequent to proposed additional underground development planned for Q4 at Premier-Northern Lights, located adjacent to the Company's 2,500 tonnes per day mill," said Robert McLeod, President and CEO of Cambria Gold Mines. "At the Silver Coin and Big Missouri deposits, our geological teams have remodelled wide zones of gold mineralization associated with contiguous quartz and sulphide breccias that were historically mined in the 1940s and 1990s. Infill drilling is underway on these structures."
The 2026 infill program at the Premier Project is focused on providing the drill spacing required for accurate mine planning and development decisions as Cambria advances toward a potential restart of the Premier mill and mining operations at the Premier and Red Mountain Projects. The Company believes that a significant contributor to the difficulties encountered during previous mining operations under Ascot Resources was the lack of sufficient definition drilling as well as accurate geological modelling prior to production.
Drilling at 12.5 metre average spacing is proving successful in defining continuity of higher-grade mineralization along a primary quartz-breccia sulfide domain identifiable both in drilling and the existing underground workings. Higher grades (>10 g/t Au) are often associated with visible gold or massive sulfide mineralization hosted in a wider halo of gold-bearing base metal sulfide mineralization. Sections shown in figures 3 and 4 illustrate the continuity of higher grades between drillholes on and along section. These appear to be analogous to what were defined as "ore shoots" during historic mining of the Premier-Northern Light Deposit.
The first phase of underground infill at the Prew Zone is now complete, with assay results from an additional 86 drill holes expected over the coming weeks. Once all assays have been returned, the information will be used to develop underground mining plans and guide additional infill drilling for the Prew Zone. The focus of the infill program has moved to two other priority deposits within the Premier Project, with three drills currently turning at the Silver Coin and Big Missouri deposits. Similar to the drilling at Prew Zone, high priority zones at each deposit will be drilled with a tight spacing utilizing surface drill platforms.
Figure 1: Plan map of Premier-Northern Light (PNL) deposit showing the Prew Zone and drill traces of previously released 2026 drill holes.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4267/306784_00963dc314bb5871_001full.jpg
Figure 2: Plan map showing Prew Zone Underground workings and drill plan.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4267/306784_00963dc314bb5871_002full.jpg
Figure 3: Cross section A of Prew Zone drilling. Showing mineralized zones represented by composites calculated at 1 g/t and 10g/t Au cut off grade. Primary breccia domain shown in blue.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4267/306784_00963dc314bb5871_003full.jpg
Figure 4: Cross section B of Prew Zone drilling. Showing mineralized zones represented by composites calculated at 1 g/t and 10g/t Au cut off grade. Primary breccia domain shown in blue.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4267/306784_00963dc314bb5871_004full.jpg
Hole IDfrom
(m)to
(m)Interval
(m)Au
(ppm)Ag
(ppm)Zn
(ppm)Pb
(ppm)ETW1Including (>10g/t)P26U-001434.042.08.07.8914.83620422756%17.00 g/t Au over 3.0 mP26U-001458.066.08.02.415.24944271156%
P26U-001611.012.01.010.2017.54550234083%
P26U-001638.047.09.07.2413.27504335083%12.93 g/t Au over 3.0 mP26U-001737.043.06.01.854.23967116571%
P26U-001747.077.030.01.725.53193159871%
P26U-001851.054.53.55.0716.68884404383%
P26U-001919.026.07.01.625.2201789693%
P26U-002013.019.06.02.937.675676298%
P26U-002028.039.011.04.7612.310912555698%10.45 g/t Au over 1.0 mP26U-002155.082.027.02.595.43960204761%11.65 g/t Au over 1.0 mP26U-002280.090.510.52.584.43693236545%
P26U-00236.59.53.03.422.163120592%
P26U-002333.239.56.324.3626.39762374292%76.70 g/t Au over 1.8 mP26U-002425.039.814.86.5211.75121263799%44.43 g/t Au over 1.4 m
14.70 g/t Au over 0.7mP26U-002526.034.08.012.0831.912775762392%48.94 g/t Au over 1.7 mP26U-002586.097.011.01.273.580330092%
P26U-0025102.4103.00.618.056.433426292%
P26U-002630.541.110.613.1729.911780658283%64.66 g/t Au over 1.9 mP26U-002732.538.66.113.1732.19093660174%80.10 g/t Au over 0.9 mP26U-002837.039.02.05.3116.911725864380%
P26U-002842.548.56.02.062.587935580%
P26U-002951.064.013.03.346.94591233759%29.80 g/t Au over 0.7 mP26U-003027.046.019.02.405.42525145295%15.00 g/t Au over 1 m
14.40 g/t Au over 1.0 mP26U-003053.054.01.016.107.2150557695%
P26U-003126.027.01.020.6015.96890458099%
P26U-003131.047.016.02.049.43804199299%
P26U-003184.989.14.22.532.7182039699%
P26U-003225.044.019.02.957.22861158092%27.40 g/t Au over 0.6 mP26U-003255.056.01.010.958.872552792%
P26U-003339.050.011.08.318.13964179583%22.13 g/t Au over 2.8 m
17.70 g/t Au over 1.0 mP26U-003365.069.04.06.226.5197192182%17.80 g/t Au over 1.0 mP26U-003443.068.025.03.305.12692130969%42.90 g/t Au over 1.0 mP26U-003533.047.014.02.619.68357560186%
P26U-003639.044.05.03.0415.711600853866%
P26U-003648.053.55.51.846.75132234166%
P26U-005510.019.09.01.925.82615135087%
P26U-005613.414.61.29.499.83400149597%
P26U-005922.028.06.01.903.5118267382%
P26U-00601.62.50.918.4033.22100107543%
P26U-00633.024.021.02.338.16271185522%16.50 g/t Au over 0.6 mP26U-006332.037.75.72.217.05499217722%
P26U-006343.664.020.41.202.680749722%
P26U-006370.078.08.03.4010.0128644822%
P26U-00642.09.07.05.3613.84952277894%27.00 g/t Au over 1.0 mP26U-00656.014.08.01.587.22884154888%
P26U-006630.037.67.61.374.62988171898%
P26U-00696.016.510.53.4910.84614267998%16.70 g/t Au over 0.8 mP26U-006940.549.79.24.446.95180204298%18.70 g/t Au over 1.5 mP26U-00706.514.88.35.4216.04632230186%14.10 g/t Au over 1.0 m
10.45 g/t Au over 1.0 mP26U-007034.043.09.01.584.6205195186%
P26U-00714.816.011.22.107.42565138862%
P26U-007335.046.011.02.043.1151576895%13.30 g/t Au over 1.0 m1 – ETW = Estimated True Width. All reported intervals are down-hole lengths, with true width estimates ranging from 22-99% of the reported interval. True widths are estimated based on the angle of the drill hole with the interpreted trend of the mineralized zones.
Composite Calculations for Significant Intersections
Composites for significant intersections were calculated using a 1 g/t gold (Au) cut off grade and maximum 3 metre internal waste. "Including" results are reported at a 10 g/t Au cut off grade with maximum 3 metre internal waste.
Table 2: Drill Collar Locations and Hole Orientations
Hole IDUTM East
(m)UTM North
(m)Elevation
(masl)Total Depth
(m)AzimuthDipP26U-00144371686213071317130.5300.1-62.5P26U-0015437168621307131757.8299.9-70.8P26U-0016437168621307131762.0300.5-83.7P26U-0017437166621308631890.5325.3-72.2P26U-0018437166621308631866.5326.1-83.2P26U-0019437167621308531869.5144.0-83.3P26U-0020437167621308431876.0145.2-68.6P26U-00214371666213086318116.0306.4-65.6P26U-00224371666213086318149.0309.8-55.2P26U-0023437189621309431765.0134.3-85.9P26U-0024437189621309431766.0135.4-61.8P26U-00254371896213094317111.0134.8-42.1P26U-0026437189621309431760.5135.1-30.6P26U-0027437189621309431771.0135.3-22.3P26U-0028437186621309631671.0315.5-81.1P26U-00294371866213096316101.0314.8-63.6P26U-0030437173621309231869.5135.1-79.2P26U-0031437175621308931892.0135.0-60.5P26U-0032437175621308931963.0135.4-41.4P26U-0033437175621308931971.0135.3-29.3P26U-0034437175621308932081.0136.2-16.9P26U-0035437172621309231877.0317.5-87.2P26U-0036437172621309331890.5315.4-68.7P26U-00374371716213093318107.0315.3-60.4P26U-0055437249621306733165.5142.4-36.4P26U-0056437244621305733168.5130.4-50.1P26U-0057437243621305833166.0130.7-74.5P26U-0058437268621304733355.0134.5-49.1P26U-0059437268621304733455.5135.1-28.3P26U-00604372686213047335100.0135.7-0.3P26U-0061437265621303133355.0134.6-69.7P26U-0062437265621303033355.0145.2-30.1P26U-0063437238621300833485.0142.813.0P26U-0064437238621300833150.0135.3-44.9P26U-0065437237621300933151.02.9-89.0P26U-0066437226621299333067.0134.7-70.6P26U-0067437226621299233152.0135.0-32.0P26U-0068437226621299233267.0135.3-11.5P26U-0069437233621304033166.0135.1-71.4P26U-0070437233621304033251.0134.7-32.6P26U-0071437233621304033267.0135.5-11.1P26U-0073437200621302033160.0134.8-46.1*masl – metres above sea level
Quality Assurance/Quality Control and Sample Preparation
All samples reported in this news release were obtained from NQ sized drill core. The Company maintains a rigorous sampling and QA/QC procedure for the 2026 drill program. Core samples are prepared at the ALS preparation lab in Terrace, BC. The samples are dried and then crushed to specifications of 70% passing 2mm. Crushed samples are riffle split to 1000g and pulverized to 85% passing 75µm.
Analytical work for all results is completed by ALS Canada Ltd. which maintains an internal quality assurance and quality control (QAQC) program and is ISO:17025 certified for the analytical methods used in this release. Pulp splits are sent directly from the Terrace preparation facility to the ALS Canada Ltd. geochemistry laboratory facility in North Vancouver for analysis. Each sample is analyzed for gold by conventional 50g fire assay with atomic absorption finish (Au-AA26) and multielement analysis by four-acid digest with an ICP finish (ME-ICP61).
Samples over 100ppm gold are re-analyzed by an overlimit 50g fire assay with a gravimetric finish (Au-GRA22). Samples over 100ppm silver are re-analyzed with an ore grade method (ME-OG62) which is a four-acid digest method followed by an ICP-AES finish (up to 1,500ppm). Samples over 1,500ppm silver trigger the overlimit silver fire assay method (Ag-GRA21) which uses a 30g aliquot and gravimetric finish. Sampling and storage activities are conducted at the Company's secure facility in Stewart, British Columbia.
The Company maintains a QAQC program that includes the submission and review of coarse blank materials to monitor contamination and certified reference materials to assess analytical accuracy. Core duplicates, crush duplicates and pulp duplicates are used to infer sampling precision and nugget effect.
Qualified Person and Technical Information:
The scientific and technical information within this news release was reviewed and approved by Blaine Smit, P.Geo. Vice President Exploration for Cambria Gold Mines Inc. Mr. Smit is a non-independent "Qualified Person" as defined under National Instrument 43-101. To verify the information related to this news release, Mr. Smit visited the 2026 drilling operations to review and discuss logging, sampling, and shipping procedures with responsible site staff, and reviewed and discussed assay and QA/QC results with responsible company personnel.
About Cambria Gold Mines
Cambria Gold Mines is a Canadian mining company headquartered in Vancouver, British Columbia, and its shares trade on the TSX-V under the ticker CAMB and on the OTCQX Market with the ticker CAMVF. Cambria is the 100% owner of the Premier Project and Red Mountain Gold Project that are located on Nisga'a Nation Treaty Lands, in the prolific Golden Triangle of northwestern British Columbia, as well as the large Mt. Margaret copper-gold porphyry deposit located in Washington State. For more information about the Company, please refer to the Company's profile on SEDAR+ at www.sedarplus.ca or visit the Company's web site at www.cambriagold.com.
On behalf of the Board of Directors of Cambria Gold Mines Inc.
Robert McLeod
CEO and Director
Cautionary Statements:
NEITHER THE 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.
Cautionary Statement Regarding Forward-Looking Information
All statements and other information contained in this press release about anticipated future events may constitute forward-looking information under Canadian securities laws ("forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeted", "outlook", "on track" and "intend" and statements that an event or result "may", "will", "should", "could", "would" or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements, including statements in respect of the drill results resulting in actual increases of resources and reserves; the timing and certainty of the restart of the Premier mill and mining operations at the Premier and Red Mountain Projects; the timing and outcome of additional assay results; ability of the Company to accomplish its business objectives and the intentions described herein; and future plans, development and operations of the Company. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements; risks relating to negative operating cash flows of the Company; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; environmental compliance; risks related to outstanding debt; uncertainty of estimates and projections relating to development, production, costs and expenses, and health, safety and environmental risks; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need to obtain additional financing to finance operations and uncertainty as to the availability and terms of future financing; social media and reputation; negative publicity; human rights; business objectives; shortage of personnel; health and safety; the possibility of delay in future plans and uncertainty of meeting anticipated program milestones; claims and legal proceedings; information systems and cyber security; internal controls; violation of anti-bribery or corruption laws; competition; tax considerations; compliance with listing standards; enforcement of civil liabilities; financing requirement risks; market price volatility of the common shares; uncertainty as to timely availability of permits and other governmental approvals; the need for exchange approval, and other regulatory approvals and other risk factors as detailed from time to time in Cambria's filings with Canadian securities regulators, available on Cambria's profile on SEDAR+ at www.sedarplus.ca including the Annual Management Discussion and Analysis of the Company for the year ended December 31, 2025 in the section entitled "Risk Factors". Forward-looking statements are based on assumptions made with regard to: the estimated costs associated with the care and maintenance plans; the tax rate applicable to the Company; future commodity prices; the grade of mineral resources and mineral reserves; labor and materials costs increasing on a basis consistent with the Company's current expectations, the ability of the Company to convert inferred mineral resources to other categories; the ability of the Company to reduce mining dilution; the ability to reduce capital costs; the ability of the Company to raise additional financing; currency exchange rates being approximately consistent with current levels, compliance with the covenants in Cambria's credit agreements; exploration plans; and general marketing, political, business and economic conditions. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Although Cambria believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Cambria can give no assurance that such expectations will prove to be correct. Cambria does not undertake any obligation to update forward-looking statements, other than as required by applicable laws. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306784
Source: Cambria Gold Mines Inc.
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Premier American Uranium dokončila vrtací program na projektu Cebolleta v Novém Mexiku a předala 77 vzorků do Hazen Research pro metalurgické testy. Cílem je optimalizovat výtěžnost uranu a podklady pro budoucí ekonomické studie.
TORONTO, July 13, 2026 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce the successful completion of its drilling program at the Company's wholly owned Cebolleta Uranium Project (“Cebolleta” or the “Project”) in New Mexico. As announced in a press release on May 12, 2026, the program was designed to recover representative samples from the underground resource area to support advanced technical studies as part of the Company’s 2026 work program focused on advancing process optimization and Project economics. The recovered samples have now been delivered to Hazen Research, Inc. (“Hazen Research”), the Company’s contracted metallurgical laboratory in Golden, Colorado, where they will support a planned comprehensive metallurgical testing program aimed at optimizing heap-leach uranium recovery and informing key assumptions for future economic studies including a planned update to the Company’s current Preliminary Economic Assessment with respect to the Project (the “2025 PEA”) targeted for completion in 2027.
Highlights
Representative Drill Program Successfully Completed: Completion of a 6,030-foot PQ-core drilling program. Core drilling occurred at four locations targeting mineralization representative of the underground mining portion of the Company’s current Mineral Resource Estimate (“MRE”) for the Project included in the 2025 PEA. To obtain sufficient sample volume for metallurgical tests, mineralized core was collected from a total of 18 vertical holes (4 to 6 per location) with results summarized in Table 1. Downhole gamma results are generally consistent with historic drilling and the Company’s 2023 confirmation drilling program and will be added to the drilling database for the planned updated MRE in the 2027 PEA.
Metallurgical Samples Delivered to Hazen Research: Delivery of 77 core samples to Hazen Research. Combined mineralized PQ-core samples totaled 282.6 feet (85.9 m) and 2,124 pounds (963.3 kg). Selection of core samples was guided by handheld scintillometer readings in a sterile background combined with downhole gamma results, utilizing a cutoff grade of 0.06% eU3O8, the underground mining cut-off grade used in the 2025 PEA.
High Sample Recovery Enables Expanded Metallurgical Testing Program: Drilling conditions achieved 97% footage recovery in mineralized zones and an overall mass recovery of 90%, exceeding the target sample mass of 800 kg by 20%. The recovered material provided representative samples for the planned metallurgical test program. Sample preparation by Hazen Research is underway, and the Company anticipates the extra sample material will facilitate additional laboratory tests including density, chemical disequilibrium, and a larger suite of geochemical analyses. Colin Healey, CEO of PUR commented, “We are pleased with the progress being made to advance and optimize Cebolleta. With representative underground and open-pit samples now with Hazen Research, our comprehensive metallurgical program is underway with the goal of optimizing uranium recoveries and refining processing assumptions for future engineering and economic studies. As demonstrated in our 2025 PEA, increasing metallurgical recovery from 80% to 90% has the potential to increase the after-tax NPV (8%) by approximately 90%, from US$84 million to US$159 million, if test work can successfully validate this potential. This program is designed to evaluate those opportunities and support the continued advancement of the Cebolleta Project.”
The results of the 2025 PEA are included in a Technical Report (the “Technical Report”) prepared in accordance with the requirements of NI 43-101 by SLR International Corporation (“SLR”), an independent consulting firm with extensive experience in mining and mineral processing, including uranium operations in the United States. The 2025 PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the 2025 PEA will be realized.
Metallurgical Testing
Under the guidance of Dr. Terence (“Terry”) McNulty, P.E., of T.P. McNulty and Associates, a metallurgical consultant to the Company and a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Hazen Research has commenced a metallurgical testing program including mineralogical characterization, bottle roll recovery testing, and long-term column leach tests to simulate heap leaching utilizing both the underground core samples referenced herein and the open-pit bulk sample delivered in March 2026.
Bottle roll and column leach tests will examine multiple oxidants, lixiviants, and application rates to assess uranium recovery characteristics and support future engineering and economic studies. The Company expects to report key findings as the metallurgical testing progresses.
Table 1. 2026 Drilling Results and Core Sampling Summary
2026 drill hole IDs are from the current core drilling program. 2023 Twin drill hole IDs are from the Company's 2023 confirmation drilling program. Historic drill hole IDs are historic drill holes completed by Sohio Western Mining Co. Historical and twin holes are presented for comparison purposes.All drill holes were vertical (90 degrees) through flat lying strata. Measured and reported intercepts represent true thicknesses.Downhole geophysical surveys included natural gamma, self-potential (SP) and single point resistivity (SPR) measurements and were completed by the Company with direct oversight by management with 20 years’ experience performing downhole gamma surveys in connection with uranium exploration.Natural gamma, SP and SPR were measured using a 40LGR-1000 downhole gamma probe manufactured in 2024 by Mount Sopris Instrument Company.Contemporaneous gamma calibration of the 40LGR-1000 probe was completed by the Company at the U.S. Department of Energy's calibration facility in Grand Junction, Colorado on March 18, 2026, measuring a Dead Time (DT) of 2.89 microseconds and K Factor of 5.93×10-6. A Mud Factor (MF) of 1.18 was derived from Century Geophysical LLC’s Mud Factor Correction Chart using the true measured hole diameter of 5.0 inches and true measured drilling mud weight of 8.4 pounds per gallon (ppg). Pipe Factor (PF) was calculated comparing downhole gamma results at 465 identical 0.1-foot intervals measured within and without the core drill pipe through the mineralized zone of LJ-25 2026 A, yielding a no-pipe:pipe mean ratio of 1.52, median ratio of 1.52, with low skew of 0.15 (PF only applicable for RLB-83 2026 F and LJ-25 2026 D).Calibration factor summary: Dead Time (DT) 2.89 ; K Factor (K) 5.93×10-6; Mud Factor (MF) 1.18; Pipe Factor (PF) 1.52;Grade (% eU3O8) calculated using standard 2KN formula with natural gamma results expressed in counts per second (CPS) at 0.1-foot intervals:
2026 results are reported at a cut-off grade of 0.06% eU3O8 in conformance with the underground mining cut-off grade utilized to calculate the MRE in the 2025 PEA.eU₃O₈ grades are equivalent uranium grades derived from calibrated downhole natural gamma surveys and have not been verified by chemical assays. Numerous historical comparisons of eU₃O₈ and chemical assays of core samples from the Project indicate that eU₃O₈ is a reasonable indicator of the actual uranium assay.Numbers in table may not add due to rounding and 3% footage recovery loss. About the Cebolleta Uranium Project and Mineral Resources
Located in New Mexico, the Project is a past-producing property with extensive historical work and infrastructure. Its location in one of the U.S.’s premier uranium districts provides strategic advantages, including proximity to utilities and existing processing facilities.
Figure 1: Plan View Map of the Cebolleta Uranium Project and Uranium Deposits. See Qualified Person Statement for additional details.
Qualified Person Statement
The scientific and technical information contained in this news release relating to the 2026 drilling program were reviewed and approved by Mike Thompson, C.P.G., who is a “Qualified Person” (as defined in NI 43-101), a consultant to the Company, and the Company’s Project Manager for the Cebolleta Project.
The scientific and technical information contained in this news release relating to the 2025 PEA and the MRE was reviewed and approved by Mr. Mark B. Mathisen, C.P.G. for SLR, the lead author of the Technical Report, who is a “Qualified Person” (as defined in NI 43-101).
Mr. Mathisen has verified the exploration, sampling, analytical, and testing data supporting the MRE and the 2025 PEA through a review and audit of historical and recent databases, comparisons with original geophysical logs and assay records, and inspections of drill hole collar, interval, and grade data for completeness and accuracy. Verification included a site visit on September 12, 2023, a review of drilling and downhole logging procedures, and an evaluation of the 2023 twin-hole and 2025 Willie P database audits, which confirmed a strong correlation with historical results and overall data reliability. Although no historical core or quality assurance/quality control reference materials are available, and most legacy holes lack deviation surveys, no limitations were placed upon the QP during the verification process, and the QP considers the verification methods and resulting database adequate for mineral resource estimation and compliant with NI 43-101 requirements.
For additional information regarding the Project, including the 2025 PEA and the MRE, please refer to the Technical Report, available under PUR’s profile on www.sedarplus.ca.
Additional scientific and technical information in this news release not specific to the 2025 PEA and MRE and relating to the 2026 work program has been reviewed and approved by Terry McNulty, PE, a consultant of Premier American Uranium, who is a “Qualified Person” (as defined in NI 43-101).
About Premier American Uranium Inc.
Premier American Uranium is focused on consolidating, exploring, and developing uranium projects across the United States to strengthen domestic energy security and advance the transition to clean energy. The Company’s extensive land position spans five of the nation’s top uranium districts, with active work programs underway in New Mexico’s Grants Mineral Belt and Wyoming’s Great Divide and Powder River Basins.
Backed by strategic partners including Sachem Cove Partners, IsoEnergy Ltd., Mega Uranium Ltd., and other leading institutional investors, PUR is advancing a portfolio supported by defined resources and high-priority exploration and development targets. Led by a distinguished team with deep expertise in uranium exploration, development, permitting, operations, and uranium-focused M&A, the Company is well positioned as a key player in advancing the U.S. uranium sector.
For More Information, Please Contact:
Premier American Uranium Inc.
Colin Healey, CEO and Director [email protected]
Toll-Free: 1-833-223-4673
X: @PremierAUranium
www.premierur.com
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Non-GAAP Financial Measures
This news release includes certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards (“IFRS“). Such non-GAAP performance measures, including operating costs and free cash flow, are included because it understands that investors use this information to determine the Company’s ability to generate earnings and cash flows. The Company believes that conventional measures of performance prepared in accordance with IFRS do not fully illustrate the ability of mines to generate cash flows. Non-GAAP financial measures should not be considered in isolation as a substitute for measures of performance prepared in accordance with IFRS and are not necessarily indicative of cash flows presented under IFRS. These measures have no standardized meaning under IFRS and may not be comparable to similar measures presented by other companies.
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements with respect to, the planned metallurgical testing and the anticipated results thereof and the expected timing thereof; economic and scoping-level parameters of the 2025 PEA and the Project; the potential impact of increased metallurgical recovery on the results of the 2025 PEA; the planned update to the 2025 PEA and the expected timing thereof; mineral resource estimates; the NPV of the Project; the uranium industry and uranium prices; expectations with respect to project development and permitting, construction and operational processes; availability of services to be provided by third parties; future development methods and plans; and other activities, events or developments that are expected, anticipated or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are based on our current expectations, beliefs, assumptions, estimates and forecasts about PUR’s business and the industry and markets in which it operates. Such forward-information and statements are based on numerous assumptions, including among others, assumptions that the results of planned metallurgical testing activities are as planned and will be reported when anticipated; that changes to metallurgical recovery rates will have the anticipated impact on the results of the 2025 PEA; that updates to the 2025 PEA will be completed and on the timing anticipated; general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by PUR in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Premier American Uranium to differ materially from any projections of results, performances and achievements of Premier American Uranium expressed or implied by such forward-looking information or statements, including, among others: risks related to the inherent uncertainties regarding cost estimates; changes in commodity and metal prices; results of future exploration activities; cost overruns; the limited operating history of the Company; negative operating cash flow and dependence on third party financing; uncertainty of additional financing; delays or failure to obtain required permits and regulatory approvals; changes in mineral resources; no known mineral reserves; aboriginal title and consultation issues; reliance on key management and other personnel; potential downturns in economic conditions; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; changes in laws and regulation, competition, and uninsurable risks and the risk factors with respect to Premier American Uranium set out in the documents of PUR filed with the Canadian securities regulators and available under PUR’s profile on SEDAR+ at www.sedarplus.ca.
Although PUR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. PUR undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities law.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/eadbee05-9fdd-41c7-8464-4541d6263b99
https://www.globenewswire.com/NewsRoom/AttachmentNg/8171ba2a-17bd-4aa5-8331-6b1db8e9dbf0
Apollo Micro Systems koupí 41,33% podíl ve společnosti Premier Explosives za 15,5 miliardy rupií. Současně nabídne odkup až dalších 26 % akcií od veřejných akcionářů.
July 9 (Reuters) - India's Apollo Micro Systems (APLL.NS), opens new tab will acquire a 41.33% stake in defence equipment maker Premier Explosives (PRMR.NS), opens new tab for 15.5 billion rupees ($162.50 million), the companies said on Thursday.
Here are the details:
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Per India's takeover regulations, Apollo Micro Systems will also offer to buy up to an additional 26% stake in Premier Explosives from public shareholders at 698 rupees per share.
Consolidations have risen in India's fast-growing defence manufacturing sector, which has benefited from increased government spending and a push for local production.
The deal, expected to complete within five months, is subject to regulatory approvals, including clearance from the Competition Commission of India.
Premier Explosives, which manufactures high-energy materials, rocket motors, countermeasures and munitions for the defence and aerospace sectors, will continue to operate under its existing brand after the acquisition.
Apollo Micro said the acquisition combines the companies' defence systems and energetic materials capabilities, helping expand their participation in defence and space programmes.
($1 = 95.3875 Indian rupees)
Reporting by Surbhi Misra in Bengaluru; Editing by Shinjini Ganguli
Our Standards: The Thomson Reuters Trust Principles., opens new tab
