ACN Newswire

TruMerit and Credivera Issue First Verifiable Digital Credentials for Global Healthcare Professionals

Fri, 08 May 2026 23:00:00 +0800

PHILADELPHIA, PA, May 8, 2026 - (ACN Newswire) - TruMerit, a global leader in healthcare workforce development and credential verification, today announced that it has issued its first verifiable digital credentials to healthcare professionals through a new partnership with Credivera, marking a major step forward in secure, portable credential verification for the global healthcare workforce.

The first group of digital credentials has been awarded to nurses and other healthcare professionals who successfully passed TruMerit's global certification examinations over the last year. These include the Certified Global Nurse credential and credentials tailored for nurses and other healthcare workers specializing in rehabilitation care. These secure credentials can now be stored, managed, and shared digitally, allowing employers, regulators, and licensing authorities to instantly verify professional qualifications.

Through Credivera's secure credential exchange platform, TruMerit credentials are issued in encrypted, tamper-proof digital formats that align with globally recognized verification standards. As healthcare systems worldwide face workforce shortages and increasing cross-border mobility of healthcare professionals, trusted credential verification has become a critical infrastructure challenge for regulators, employers, and governments. Verifiable digital credentials enable professional qualifications to be securely issued, instantly validated, and easily shared across borders--reducing administrative delays while strengthening confidence in the authenticity of healthcare credentials.

"By introducing verifiable digital credentials with Credivera--and issuing the first credentials to successful certification candidates--we are helping build a trusted digital identity for healthcare professionals that allows their qualifications to be securely verified anywhere in the world," said Peter Preziosi, President and CEO of TruMerit. "This initiative modernizes credential verification and gives professionals greater control over how their achievements are shared with employers and regulators."

Credivera supports a growing global network of organizations issuing encrypted credentials and verified identity records through its secure credential exchange infrastructure.

"Professional credentials are increasingly becoming part of a person's digital identity," said Dan Giurescu, CEO of Credivera. "Our platform allows trusted organizations like TruMerit to issue secure, verifiable credentials that professionals can control and share anywhere in the world. Together we are helping create a more transparent and trusted system for verifying healthcare qualifications."

The TruMerit-Credivera collaboration represents part of a broader shift toward verifiable digital identity systems, where trusted organizations issue portable credentials that professionals can carry throughout their careers.

About TruMerit

TruMerit is a worldwide leader in healthcare workforce development with nearly 50 years of experience supporting the mobility of nurses and other healthcare workers. Formerly CGFNS International, TruMerit validates the education, training, and professional experience of internationally educated health professionals seeking authorization to practice in the United States and other countries. Through its expanded mission and the Global Health Workforce Development Institute, TruMerit advances research, standards, and certifications that strengthen the global health workforce and promote equitable, sustainable career mobility. www.trumerit.org.

Media Contact:
LEA SIMS
Chief Marketing & Communications Officer
TruMerit
media@trumerit.org

SOURCE: TruMerit

Sydney and Melbourne kick off ninth edition of PropertyGuru Asia Property Awards in Australia

Fri, 08 May 2026 14:40:00 +0800

From left to right: Ivan Lam, Executive Director for International Business, Charter Keck Cramer; Josh Chye, Partner, Tax Consulting, HLB Mann Judd; Michael Lang, State Director, Residential Projects Melbourne, Savills Australia; Jules Kay, General Manager, PropertyGuru Asia Property Awards and Events; Colin Chee, Creative Director & Founder, Never Too Small; Benson Zhou, Director, CBD & Metropolitan Sales Melbourne, Savills Australia; and Karen Kong, Head of Property Lending, Bendigo Bank

SYDNEY, AU, May 8, 2026 - (ACN Newswire) - The PropertyGuru Asia Property Awards (Australia) programme returns for its ninth edition in 2026 following two successful launch events in Sydney and Melbourne, announcing a roster of new categories that elevate real estate standards across the country’s booming urban centres.

This year’s winners will be recognised at the gala celebration of the 9th PropertyGuru Asia Property Awards (Australia) to be held on Friday, 4 September 2026, at the Shangri-La Sydney. Entries are now open until July.

Key dates for the 2026 edition are:

Now – Entries open
10 July 2026 – Entries close
28-31 July 2026 – Site Inspections
4 September 2026 – Gala Dinner and Awards Ceremony in Sydney, Australia
11 December 2026 – International Grand Final Gala Dinner in Bangkok, Thailand

The expanded PropertyGuru Asia Property Awards (Australia) programme aligns with transformative market dynamics taking place across cities from Melbourne to Sydney and Brisbane. High-quality built spaces in urban centres nationwide continue to appeal to discerning domestic property seekers and cross-border investors, especially those from Southeast Asia.

Newly introduced categories include Best Condo Developer, Best Housing Developer, Best First Home Development, Best Wellness Hospitality Development, Best Marina Development, Best Landmark Development, Best Sales Gallery Interior Design, and Best Landmark Design.

Asia Connect in Australia

The launch of the 9th PropertyGuru Asia Property Awards (Australia) comes on the heels of two high-profile Asia Connect events in Melbourne and Sydney. Asia Connect brought together thought leaders and industry professionals to discuss market trends set to impact the outlook of urban development in Australia.

From left to right: Watcharaphon Chaisuk, Senior Solutions Manager, PropertyGuru Group; Philip Low, President, AMBC-NSW; Councillor Robert Kok, City of Sydney Council; Josh Chye, Partner, Tax Consulting, HLB Mann Judd; Jules Kay, General Manager, PropertyGuru Asia Property Awards and Events; Ivan Lam, Executive Director for International Business, Charter Keck Cramer; and Udomluk Suwan, Sales Director, PropertyGuru Group.

Asia Connect: Sydney, held on 13 March in the New South Wales capital, served as a prelude to the 2026 awards programme. The launch event at the Four Seasons Hotel gained the support of the City of Sydney Council, led by Councillor Robert Kok, and convened market experts and award-winning developers, including Eterno Property Group and Skyland Group.

Lord Mayor Nicholas Reece, City of Melbourne Council

The launch continued 17 March with Asia Connect: Melbourne, held at the Savills headquarters in the Victorian capital. The gathering featured insights from property experts and was welcomed by Melbourne Lord Mayor Nicholas Reece, who joined developers, design professionals, and industry associations to discuss sustainable urban growth.

Stability and liveability

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “As we launch the 2026 PropertyGuru Asia Property Awards (Australia) from Sydney, we turn our focus to a market poised for a resurgence. With airport upgrades and mega-infrastructure coming to life, the city looks set to lead national growth. This complex market demands the capital and innovation that Asia's investors, seeking stability beyond traditional markets, are uniquely positioned to provide. We can't wait to see what the finest real estate in Sydney and, by extension, Australia, looks like this year.”

He added: “As one of the world’s most liveable cities, Melbourne has shown us a flight to quality and a fascinating paradox, characterised by price growth against headwinds. Such a divergence underscores the need to spotlight resilience, from the resurgence of Asian capital to the student accommodation boom, as we contribute to a market that continues to showcase Australia’s best real estate.”

Ivan Lam, Executive Director for International Business, Charter Keck Cramer and PropertyGuru Asia Property Awards (Australia) chairperson

Ivan Lam, chairperson of the independent judging panel and executive director for international business at Charter Keck Cramer, said: “We are thrilled to honour the finest real estate in Sydney and the rest of Australia this year. We are optimistic about blue-chip suburbs in Australia's largest city as well as the many public works that promise to unlock value across New South Wales. The westward transformation of Sydney especially presents a generational opportunity for astute investors and developers alike while the enduring appeal of the city's eastern and northern suburbs demonstrates the prestige market’s resilience. We call on developers to submit their best and showcase their works to property seekers and peers across Australia and the region.”

He added: “With impressive growth forecasted for Melbourne, we expect a resilient market defined by emerging luxury enclaves and an enduring, inherent appeal to Asian property seekers as well as local buyers. The calibre of this year’s entries will surely reflect the dynamism of this market.”

From left to right: Josh Chye, Partner, Tax Consulting, HLB Mann Judd; Joe Phegan, Managing Director, Savills Victoria; Ivan Lam, Executive Director for International Business, Charter Keck Cramer; Lord Mayor Nicholas Reece, City of Melbourne Council; Karen Kong, Head of Property Lending, Bendigo Bank; Jules Kay, General Manager, PropertyGuru Asia Property Awards and Events; Benson Zhou, Director, CBD & Metropolitan Sales Melbourne, Savills Australia; and Watcharaphon Chaisuk, Senior Solutions Manager, PropertyGuru Group

Organised by PropertyGuru Group, Southeast Asia’s leading PropTech company, Asia Connect: Sydney and Asia Connect: Melbourne were supported by Australia Malaysia Business Council in New South Wales (AMBC-NSW) and Victoria (AMBC-Vic), Malaysian Developers Council of Australia (MDCA), and Savills Australia; official magazine Property Report by PropertyGuru; and official supervisor HLB Mann Judd.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

ABOUT PROPERTYGURU GROUP

PropertyGuru is Southeast Asia's leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region's biggest and most respected industry recognition platform - PropertyGuru Asia Property Awards, events, and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

(1) Based on SimilarWeb data between July 2024 and December 2024.
(2) Based on Google Analytics data between July 2024 and December 2024.
(3) Based on data between October 2024 and December 2024.
(4) Based on data between July 2024 and December 2024.

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino, Head of Brand & Marketing Services
M: +66 92 954 4154
E: allan@propertyguru.com

Media & Partnerships:

Nate Dacua, Senior Manager, Media and Marketing Services
M: +66 92 701 2510
E: nate@propertyguru.com

Sales & Nominations:

Watcharaphon Chaisuk (Jeff), Solutions Manager
M: +66 95 797 0595
E: jeff@propertyguru.com

Piyachanok Raungpaka,
Senior Media & Marketing Services Executive
M: +66 94 887 5163
E: piyachanok@propertyguru.com

How to Travel More Often Without Increasing Your Budget

Fri, 08 May 2026 13:00:00 +0800

SINGAPORE, May 8, 2026 - (ACN Newswire) - Travelling more frequently does not always require a bigger income or a higher monthly spend. With thoughtful planning and smarter use of financial tools, travel expenses can be managed in a way that feels more sustainable. For many people in Singapore, using a miles credit card can help turn everyday spending into future travel opportunities.

When used carefully, miles earned from regular expenses may gradually reduce flight and travel costs, making short getaways and annual holidays more achievable without stretching the budget. In a city like Singapore, where flights to nearby destinations such as Bangkok, Bali, Kuala Lumpur, and Tokyo are common, earning more miles can bring your next destinations within reach.

Understanding How Travel Miles Work

Travel miles are reward points earned when you spend on eligible cards, particularly miles-focused credit cards. These miles can later be redeemed for flights, seat upgrades, or travel-related perks, depending on the airline or rewards programme.

In Singapore, many miles credit cards offer earning rates ranging from 1.2 to 1.6 miles per SGD 1 spent locally, while overseas spending can go up to 2 to 4 miles per SGD 1. This means a monthly expense of around SGD 2,000 could generate approximately 2,400 to 3,200 miles, depending on the card and category.

How Using a Miles Credit Card Can Help Reduce Travel Costs

Earning miles on everyday expenses

Daily costs, such as groceries, petrol, mobile bills, streaming subscriptions, and dining, can earn miles when charged to the right card. For example, a household spending around SGD 1,500-2,500 monthly on routine expenses may slowly build enough miles for a regional return flight within a year.

However, it is important to know that different miles credit cards reward spending in different ways. Some offer higher miles on everyday categories like dining, groceries, or online shopping, while others give bonus miles on travel-related spending such as flights, hotels, or overseas transactions. There are also general spending cards that let you steadily earn miles on most purchases.

Choosing a card that matches your spending habits can help you turn everyday expenses into miles for future trips.

Reducing airfare expenses through redemptions

Redeeming miles for flights may help reduce ticket prices significantly. A return economy flight from Singapore to Bangkok may require around 25,000-30,000 miles. You can use your miles to partially or fully cover airfare, and the remaining budget can be put toward hotels or experiences.

Lowering upgrade and comfort costs

Miles can also be used for seat upgrades. Instead of paying cash for premium economy or business class, travellers may use miles to improve comfort, especially on long-haul routes.

Strategic Ways to Earn Miles Faster in Singapore

Focusing on high-mile categories

Some cards offer bonus miles on dining, online shopping, ride-hailing, or travel bookings. Using these cards for those categories may increase earning rates from around 1.2 miles per dollar on general spending to as much as 4 miles per dollar. On a SGD 800 dining and online spend, earning 4 miles per dollar instead of 1.2 can result in over 2,000 extra miles per month.

Timing big purchases thoughtfully

Expenses such as annual insurance premiums, electronics, furniture, or education fees can be timed during promotional periods. Banks in Singapore often run limited-time campaigns offering 5x to 10x miles or bonus mile packages, which may accelerate mile accumulation without increasing total spending.

Using sign-up and retention bonuses wisely

Many miles credit cards offer welcome bonuses ranging from 10,000 to 50,000 miles, depending on minimum spend. When planned well, these bonuses can cover a significant portion of a flight ticket redemption and support more frequent travel plans.

Making the Most of Miles Redemptions

Booking flights early for better value

Award seats are limited, especially during school holidays and festive periods. Planning trips three to six months ahead may provide better redemption availability and lower mileage requirements.

Comparing cash prices versus miles usage

Sometimes, budget airline fares from Singapore can be as low as SGD 80-150, serving more value for longer distances. Comparing cents-per-mile value helps ensure miles are used where they make the most impact.

Using miles for one-way travel

Redeeming miles for one-way flights can provide flexibility. Travellers might use miles for departure and cash for return or vice versa.

Planning Travel Around Miles Instead of Dates

Choosing destinations based on redemption value

Selecting destinations based on miles availability can help maintain a steady travel rhythm throughout the year. Southeast Asian destinations, for example, often provide higher value per mile compared to long-haul routes.

Flying during off-peak periods

Avoiding school holidays and major public holidays may require fewer miles and save 10-20% on mileage costs, enabling more trips using the same balance.

Managing Costs Beyond Flights

Using travel perks included with miles credit cards

Many cards in Singapore offer complimentary travel insurance, airport lounge access, and dining discounts. These benefits can reduce out-of-pocket costs that would otherwise add several hundred dollars per trip.

Pairing miles with hotel deals

Booking hotels during flash sales, credit card promotions, or through airline hotel partners may further reduce travel expenses. Savings of SGD 100-300 per stay can significantly impact overall trip budgeting.

Travelling More Without Spending More

A miles credit card, when used responsibly, can help convert routine expenses into future travel opportunities. By understanding earning structures, planning redemptions carefully, and staying flexible with destinations and travel dates, Singapore-based travellers can make travel a regular part of life rather than an occasional luxury. With patience and mindful usage, miles can quietly add up-one grocery bill, one meal, and one monthly expense at a time-helping turn travel dreams into achievable plans.

Disclaimer: This content is published by iQuanti Singapore Pte. Ltd., an external marketer engaged and compensated by UOB Ltd.

Contact Information:
Name: Sonakshi Murze
Email: Sonakshi.murze@iquanti.com
Job Title: Manager

SOURCE: iQuanti, Inc.

AstraZeneca and OMP Demonstrate Planning at the Speed of Change at Gartner Supply Chain Symposium/Xpo(TM) 2026

Thu, 07 May 2026 20:00:00 +0800

ANTWERPEN, BELGIUM, May 7, 2026 - (ACN Newswire) - OMP, a leader in AI-powered supply chain planning, brings AstraZeneca to the Gartner Supply Chain Symposium/Xpo™ 2026 in Barcelona. Together, they will share how AstraZeneca is transforming planning to keep pace with increasing complexity and constant change - building an integrated, decision-centric approach powered by OMP's Unison Planning™ platform and UnisonIQ AI orchestration.

AstraZeneca's journey to decision-centric planning

Diane Gorman, Network Supply Planner at AstraZeneca, takes the Gartner stage to share how the global biopharmaceutical company is evolving from spreadsheet-based planning to integrated, capacity-aware decision-making. The session covers how this shift improves visibility into constraints and strengthens outcomes across campaign management, capacity planning, and detailed scheduling.

Gorman will address:

What it takes to drive user adoption across a complex organization
How planner roles evolve as planning becomes more system-supported
How AstraZeneca is preparing for the next phase of AI-enabled decision support

OMP hosts theater session on decision velocity in practice

OMP will also host a theater panel on Tuesday, May 19, 5:25-5:45 PM featuring Jack Eggels, former VP of Supply Chain at Shell, Tom Wouters, Chief Product Officer at OMP, and Philip Vervloesem, OMP's Chief Commercial & Markets Officer.

Together, they explore:

How organizations shift from calendar-driven planning to always-on, event-driven intelligence
How decision velocity becomes a real operational capability with UnisonIQ coordinating human and AI collaboration
How AstraZeneca's journey connects product innovation to measurable results across industries.

Explore decision velocity at the OMP booth

Throughout the Gartner Supply Chain Symposium/Xpo™ (May 18-20, Barcelona), OMP is present at booth 310, demonstrating how Unison Planning™ and UnisonIQ help organizations move toward always-on supply chain orchestration. See how integrated planning, enhanced by the latest AI advancements, drives faster scenario evaluation, stronger collaboration, and measurable business results.

Join OMP at Gartner to hear AstraZeneca's journey firsthand and leave with a clearer path to faster, more confident decisions.

Book a meeting on site

Session at a glance

Title: AstraZeneca's Journey to Decision-Centric Autonomous Planning
Speaker: Diane Gorman, Network Supply Planner, AstraZeneca
When: Monday, May 18, 11:45 - 12:15 CEST
Where: International Barcelona Convention Center

To see where you can meet OMP next, visit our events calendar here.

About OMP

OMP helps companies facing complex planning challenges to excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, packaging, plastics, tires, and building products - benefit from using OMP's unique Unison Planning™.

Solution and product inquiries

Contact OMP
+32 3 650 22 11

Media inquiries
Kira Perdue (Carabiner)

SOURCE: OMP

Focus Graphite Announces One of the Largest Identified Graphite Deposits Globally at the Lac Tetepisca Project

Thu, 07 May 2026 17:29:00 +0800

Ottawa, Ontario--(ACN Newswire - May 7, 2026) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce its upgraded mineral resource estimate ("MRE") on its 100%-owned Lac Tetepisca Project (the "Project") in Quebec. The MRE was completed pursuant to the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

Highlights

One of the Largest Identified Graphite Deposits Globally: This new mineral resource estimate includes 120,163 ktonnes of Indicated Mineral Resources at 10.27% Cg and 24,143 ktonnes of Inferred Mineral Resources at 9.88% Cg (see table below for additional details regarding the calculation of the MRE and the average Cg grades for the Indicated and Inferred Mineral Resources).
High-Grade Mineral Resources: Estimates were calculated using a conservative 3.5% Cg cut-off grade and a US$1,200 per tonne average selling price for graphite concentrate.
Significant Expansion Potential: Opportunities exist through step-out and infill drilling to extend the deposit to the southwest and at greater depths, as well as through drill testing of numerous additional geophysical anomalies.
AI-Enabled Characterization Technology: Novel, low-cost AI-enabled in situ graphite flake characterization technology is expected to be incorporated into a future MOGC mineral resource update.
Potential Acid generation Mitigation Materials: Dolomitic marble from the hanging wall has been included within the resource shell and may be used to mitigate acid generation within the tailings storage facility. Acid buffering capacity results are expected to be published in the coming months.

IOS Geosciences Inc. ("IOS"), a leading Quebec-based geological consulting firm was retained to produce a mineral resource estimate update and prepare a technical report (the "Technical Report"). The Technical Report will contain the full results of the Company's drill program and a mineral resource estimation update. Pursuant to NI 43-101, the Company will file the Technical Report within forty-five (45) days of the date hereof on the Company's SEDAR+ profile at http://www.sedarplus.ca.

The MRE update was completed by IOS, using results from 150 drill holes totalling 26,095 metres, and including 2022 campaign results recently reported and totalling 9,628 metres from 44 drill holes.

The MRE update for the Project is based on 150 inclined and sub-vertical diamond drill holes performed between 2014 and 2022 on the Manicouagan-Ouest Graphitic Corridor ("MOGC") and South-West MOGC ("SW-MOGC") graphite prospect, totalling of 26,095 metres. Focus discovered the MOGC prospect in July 2012 while conducting reconnaissance geological mapping, prospecting, and trenching on the Property. The MOGC is defined by a 2 kilometre linear Magnetic (MAG) and Electromagnetic (EM) anomaly that trends N035°. Drilling was conducted on a 1.5 km long segment of the MOGC following 300 m long drilling lines oriented N305° and spaced 100 m, 50 m, or 25 m apart.

Table 1: Mineral Resources (at 3.5% Cg Cut-Off) - MOGC, Lac Tetepisca Project
Mineral Resource Category	Tonnes (kt)	Graphitic Carbon (%)	In-Situ Graphite (kt)
Measured*	-	-	-
Indicated*	120,163	10.27	12,345
Total Measured and Indicated*	120,163	10.27	12,345
Inferred*	24,143	9.88	2,386

* See notes 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15

Notes

These mineral resources are not mineral reserves as they do not have demonstrated economic viability. The MRE follows current CIM Definition Standards (2014) and CIM MRMR Best Practice Guidelines (2019). A technical report supporting the MRE will be filed within 45 days in accordance with NI 43-101. The results are presented undiluted and are considered to have reasonable prospects for eventual economic extraction ("RPEEE").
The independent and qualified persons ("QPs") for the mineral resource estimate, as defined in NI 43-101, are Jean-Michel Dubé, P.Geo. from IOS Geosciences and Alexandre Burelle, P.Eng., from Evomine Consulting. The effective date is April 30th, 2026.
The estimate includes four (5) variably mineralized domains and one (1) dilution envelope modeled using LeapFrog Geo and interpolated using LeapFrog Edge.
2.0 m composites were calculated within the mineralized zones using the grade of the adjacent material when assayed or a value of zero when not assayed.
High-grade capping on composites (supported by statistical analysis) was set at 27% Cg in the MOGC zone and 8.5% Cg in the SW-MOGC zone. Outlier capping restriction was set at 16% Cg for composites in the MOGC zone that are situated further than 50% the maximum interpolation distances.
The estimate was completed using a rotated block model (N030°) in Leapfrog Edge, with a parent block size of 5m x 10m x 5m (X, Y, Z) and a sub-block size of 2.5m x 5m x 2.5m (X, Y, Z).
Grade interpolation was obtained by Inverse Distance Squared (ID2) methodology using hard boundaries.
Density values are interpolated and blocks that are not interpolated were assigned their lithology average value.
Mineral resources were classified as Indicated and Inferred. Indicated resources are defined with a minimum of three (3) drill holes in areas where the closest composite is situated less than 90 m away from the block centroid and Inferred resources with two (2) drill holes in areas where the closest composite is situated less than 135 m away from block centroids and there is reasonable geological and grade continuity.
It is the QP's opinion that the current classification used is adequate and reliable for this ‎type of mineralization and mineral resource estimate.‎
The MRE is pit constrained. There are no out-pit resources meeting the RPEEE requirement.
The RPEEE requirement is satisfied by applying a cut-off grade based on reasonable economic parameters and constraining volumes. The potential open pit (OP) of the 2026 MRE is locally constrained by a surface optimized with the pseudo-flow algorithm in Deswik using a cut-off grade of 3.5%Cg. The following parameters were considered: mining cost = CA$6.00/t mined; processing cost = CA$35.00/t processed; G&A cost = CA$10.00/t processed; concentrate transportation cost = CA$200/t conc.; Cg Price = US$1,200/t conc.; CAD/USD exchange rate = 1.38; overburden slope angle = 25°; rock slope angle = 50°; concentrator recovery = 86.6%, concentrate grade = 96.4%.
The number of metric tonnes was rounded to the nearest thousand, following the recommendations in NI 43-101. The metal contents are presented in tonnes (tonnes x grade) rounded to the nearest thousand. Any discrepancies in the totals are due to rounding effects.
The QPs are not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, or marketing issues or any other relevant issue not reported in the Technical Report that could materially affect the Mineral Resources Estimate.
No mineral reserves have been established for the Lac Tetepisca Project.

Table 2: Sensitivity Analysis
	Mineral Resource Category
	Measured			Indicated			Inferred
Cut Off (Cg)	Tonnes (kt)	Graphitic Carbon (%)	In-Situ Graphite (kt)	Tonnes (kt)	Graphitic Carbon (%)	In-Situ Graphite (kt)	Tonnes (kt)	Graphitic Carbon (%)	In-Situ Graphite (kt)
Base Case 3.5%	-	-	-	120,163	10.27	12,345	24,143	9.88	2,386
7.0%	-	-	-	81,026	12.64	10,243	16,775	11.85	1,987
10.0%	-	-	-	54,656	14.70	8,037	10,554	13.87	1,464
13.0%	-	-	-	35,627	16.46	5,864	5,999	15.78	946

"This updated mineral resource at Lac Tetepisca represents a transformative milestone for Focus Graphite," commented Dean Hanisch, Chief Executive Officer of Focus Graphite. "To be a credible and serious alternative source of supply to China, particularly in building a secure domestic North American supply chain, projects must demonstrate scale, size, and grade. Lac Tetepisca delivers on all three. While operating costs in Canada are inherently higher than in China, grade is the key equalizer, and the grade and scale we are demonstrating here are critical differentiators. Graphite is an industrial mineral, and qualifying a new supply requires significant time and effort to fully characterize the material, making switching unattractive. This is why deposits of this scale are generational, and we believe Lac Tetepisca's size and grade justify that transition while reinforcing our position as a long-term North American supplier."

Jason Latkowcer, Vice President of Corporate Development, commented, "Supply chains are being redefined by control and reliability. With Lac Knife and Lac Tetepisca, we are building a domestic platform capable of delivering high-grade graphite at scale, aligned with North American and allied energy and defence priorities."

Figure 1: 2026 MRE Resource Block model of the Lac Tetepisca Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1963/296420_1b20bbb0444f2a88_001full.jpg

Qualified Person

The technical content disclosed in this news release was reviewed and approved by Rejean Girard, P.Geo (Qc), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI 43-101.

Data Verification

Vast majority of raw data, including drilling and assaying, were available to the author as a coherent and validated database, built and maintained by the contractor through the years. Rigorous logging and assaying procedure were maintained throughout all the drill programs. Data used for the current MRE have undergone a comprehensive verification process to ensure accuracy and reliability. The verification procedures were conducted by qualified professionals with relevant expertise in geological and mining disciplines. They were overseen by the Qualified Person.

QA/QC Procedures

Identical assaying procedure as well as Quality assurance and quality control (QA/QC) procedures were maintained throughout the various drill programs, in coherence with the Lac Knife sister project. Thorough laboratory proficiency analyses were conducted in 2010-2012 on Lac Knife samples, and internal reference material was then manufactured and used throughout both Lac Knife and Lac Tetepisca QAQC programs. During 2012, 2014, 2018 and apart of 2021 program, COREM laboratory from Québec City has been used for routine assays. Activation Laboratories from Ancaster, ON, was used on 10% interlaboratory for cross-checks purpose. For half of 2021 samples, these two laboratories' roles were inverted. Aside of inter-laboratories duplicates, certified reference materials, internal reference materials and blanks were regularly inserted, and used to monitor result accuracy and precision. Total carbon, organic carbon and inorganic carbon analysis were performed on 10% of the samples, certifying that the routine assays were only reporting graphitic carbon. The same 10% of samples were also submitted for trace metal analysis, in anticipation of future environmental studies. They were subjected to their own QA/QC procedure. Re-assays and validation analysis were requested whenever deviations were noted.

MRE Validation

Multiple validation approaches were taken. Block volume estimates for each mineralized zone were compared to the 3D wireframe models. Block grades, composite grades and assays were visually compared on sections, plans and longitudinal views for both densely and sparsely drilled areas and no significant differences were observed. There is a good match observed in the grade distribution. The trend and local variation of the estimated inverse distance squared (ID2) interpolation were compared to ordinary kriging (OK) and nearest-neighbor (NN) interpolation using swath plots (North, East, Elevation, Northeast).

Geological Complexity:

The property's geological setting is quite simple but may still pose challenges in terms of interpretation and validation. Unknown geological structures and mineralization patterns could introduce uncertainties despite validation efforts.

It is crucial to note that, despite these limitations, every effort has been made to minimize potential biases and inaccuracies in the data. Qualified Persons have exercised their professional judgment to mitigate these limitations and ensure the reliability of the information presented in this report.

About Focus Graphite Advanced Materials Inc.

Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced highest-purity graphite deposits in North America, with a fully completed feasibility study and near-completed environmental assessment study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.

Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and highest-grade graphite deposits in North America. Graphite mineralization at Lac Tetepisca is very similar to that of Lac Knife, forecasting similar behaviour in the concentration and purification processes. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.

Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.

For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.

LinkedIn: https://www.linkedin.com/company/focus-graphite/
X: https://x.com/focusgraphite

Investors Contact:

Dean Hanisch
CEO, Focus Graphite Inc.
dhanisch@focusgraphite.com
+1 (613) 612-6060

Jason Latkowcer
VP Corporate Development
jlatkowcer@focusgraphite.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.

In particular, this press release contains forward-looking information regarding, among other things, the results of the updated mineral resource estimate for the Lac Tetepisca Project, including the quantity and grade of mineral resources; the potential for expansion of the mineral resource through additional drilling, including step-out and infill programs; the timing, completion, and filing of the related technical report in accordance with National Instrument 43-101; the assumptions underlying the mineral resource estimate, including commodity prices, cut-off grades, and geological interpretations; the potential for future mineral resource updates; the advancement of environmental studies and permitting processes; the potential development of the Project and its ability to become a significant supplier of graphite; and the Company's plans to further evaluate and develop the Project, including metallurgical testing, engineering studies, and downstream processing opportunities.

Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296420

Nissin Foods Forms Joint Capital Investment with Itochu HK to Strengthen Distribution Platforms in PRC Markets

Thu, 07 May 2026 16:55:00 +0800

HONG KONG, May 7, 2026 - (ACN Newswire) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) announced today that the Group and Itochu Hong Kong Limited (“Itochu HK”) have signed agreements to jointly invest in Nissin Marketing and Sales (H.K.) Limited (“NMS”). The transaction was completed through capital contributions from both parties. Nissin Foods remains the controlling shareholder of NMS.

The joint capital investment will enhance the Group’s product procurement capabilities, allowing for the exploration and development of new agent brands, including new and third-party brands, not only from Japan but also from other overseas markets to delight local consumers in Hong Kong and the Chinese Mainland. Nissin Foods and Itochu HK will leverage their partnerships with major retail chains and experience with e-commerce platforms to expand sales channels both online and offline. Additionally, utilising advanced logistics networks in the Chinese Mainland will improve operational efficiency, ensuring the Group’s sustained growth and competitiveness in the markets.

Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “ITOCHU Group possesses extensive resources and invaluable experience in the distribution business sector. This joint capital investment will create beneficial synergies for both parties. The agreement reflects Nissin Foods’ ongoing commitment to bringing high-quality and diverse brands and products to local consumers in Hong Kong and the Chinese Mainland, ultimately supporting the Group’s distribution operations and ensuring sustainable growth.”

Nissin Marketing and Sales (H.K.) Limited (“NMS”, formerly Hong Kong Eastpeak Limited) was established to manage two distribution subsidiaries in Hong Kong and Shanghai. NMS wholly owns the two distribution arms, unifying management and enhancing the Group’s ability to attract brand partners. The Hong Kong subsidiary distributes beverages, confectionery, snacks, Japanese-branded seasoning sauces and chilled products in Hong Kong, experiencing growth due to revived inbound tourism and expanded sales channels, including a new Japanese chocolate and cookie brand. The Shanghai subsidiary oversees the distribution of confectionery and beverages in the Chinese Mainland, expanding its product portfolio with new offerings, such as European bottled water and Japanese carbonated beverages, which further strengthens the Group’s presence in the premium imported products segment.

Nissin Marketing and Sales (H.K.) Limited oversees the two distribution subsidiaries in Hong Kong and Shanghai. The companies offer a diverse range of products, featuring natural mineral waters and sparkling waters, coffee, seasoning sauces, curries, mixed vegetable and fruit juices, a wide assortment of snacks and sweets, as well as premium chocolates and cookies.

The Hong Kong subsidiary is distributing more than 440 products in 8 different categories in Hong Kong.	The Shanghai subsidiary is handling the distribution of more than 300 products in 20 categories in the Chinese Mainland.

About Nissin Foods Company Limited

Nissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and the Chinese Mainland, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Chinese market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first- and second-tier cities. In addition, Nissin Foods operates business in other regions including Vietnam, Taiwan, Korea and Australia markets.

Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.

Fujitsu Digitalizes Management of Japan's Reserve Self-Defense Force for Ministry of Defense, Enhancing Efficiency

Thu, 07 May 2026 13:02:00 +0800

KAWASAKI, Japan, May 7, 2026 - (JCN Newswire) - Fujitsu Limited today announced that it has developed and launched the X, a new digital system utilizing Salesforce, to streamline the management functions, including mobilization and training support, for the registered Reserve Self-Defense Force personnel [1] in Japan for the Ministry of Defense. The system commenced operations in Japan in April 2026.ReSMS digitalizes and centralizes the management of Reserve Self-Defense Force personnel, including their mobilization and training support. This initiative contributes to the smooth and rapid operation of the Reserve Self-Defense Force system within the Ministry of Defense.

Overview

Reserve Self-Defense Force personnel are called upon during disasters or national emergencies to serve as Self-Defense Force personnel, engaging in duties such as garrison security and disaster relief. Previously, scheduling their mandatory annual training, which varies by assigned job type, was managed through postal mail and telephone, leading to significant time consumption for recruitment officers in handling registration and other procedures. To address these challenges, Fujitsu collaborated with the Ministry of Defense to build and implement ReSMS. Through ReSMS, Reserve Self-Defense Force personnel can now book their training participation and access e-learning modules via their smartphones or other devices. Furthermore, administrators can centrally manage mobilization tasks, training participation status, and educational progress of Reserve Self-Defense Force personnel using this system. For units receiving training, the system facilitates easier planning of training schedules and coordination with related departments for accommodation, significantly enhancing operational efficiency. This not only streamlines training but also enables timely notification for the mobilization of Reserve Self-Defense Force personnel during emergencies, contributing to rapid disaster relief and assistance. Moving forward, Fujitsu will continue to support the efficient and rapid operation of the Reserve Self-Defense Force system for the Ministry of Defense through functional enhancements and ongoing operation of ReSMS, thereby contributing to Japan's national security.

[1] Reserve Self-Defense Force personnel:

Part-time special national public servants who, in peacetime, are civilians such as company employees or students, but are called upon during emergencies or disasters to serve as Self-Defense Force personnel for duties like garrison security and disaster relief. There are three categories: Ready Reserve Self-Defense Force personnel, who work alongside active Self-Defense Force members as frontline unit members; Reserve Self-Defense Force candidates, who are undergoing training before being appointed as Reserve Self-Defense Force personnel; and Reserve Self-Defense Force personnel, who are appointed from former Self-Defense Force members or Reserve Self-Defense Force candidates. As of the end of March 2024, the capacity is approximately 60,000 personnel.

About Fujitsu

Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 100,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.5 trillion yen (US$23 billion) for the fiscal year ended March 31, 2026 and remains the top digital services company in Japan by market share. Find out more: global.fujitsu

Press Contacts

Fujitsu Limited
Public, Investor and Analyst Relations Division
Inquiries

Neat Appoints Javed Khan as CEO to Lead AI Transformation

Thu, 07 May 2026 12:53:00 +0800

SINGAPORE, May 7, 2026 - (ACN Newswire) - Neat, the pioneering video technology company, today announced the appointment of Javed Khan as Chief Executive Officer (CEO). Khan, a seasoned technology executive with a proven track record in AI-driven transformation, takes the helm as the company gears up for global expansion. The appointment of Khan signals Neat’s commitment to deeper investments in artificial intelligence as the engine for its next wave of innovation. With a career defined by bold leadership, technical mastery, and a product-first mindset, Khan is uniquely positioned to unite sophisticated edge computing with Neat’s simple, elegant user experiences.

Javed Khan

Khan joins Neat following his tenure at Aptiv, where he served as Executive Vice President of Intelligent Systems, building intelligent edge solutions across automotive, transportation, robotics, aerospace, and defense. Prior to Aptiv, Khan was the Senior Vice President and General Manager of Cisco Collaboration, where he led the turnaround and modernization of the Cisco Webex portfolio across video conferencing, video devices, and contact center solutions during and after the pandemic.

"Javed brings a rare combination of deep technical expertise and proven enterprise leadership,” said OJ Winge, on behalf of the Neat Board. "His experience scaling complex, AI-enabled systems and leading global collaboration platforms positions Neat to build upon its technology leadership and accelerate our long-term growth.”

"Recent advancements in edge computing and large language models are allowing us to embed AI into edge devices running in the conference room. This architectural shift will allow us to unlock entirely new collaboration experiences. I am excited to join Neat as we have the unique opportunity to lead this transition,” said Javed Khan, CEO of Neat. “Neat is a product-centric company that is relentlessly focused on simplicity and intelligence. I’m honored to join the team and energized to be working alongside some of the brightest minds as we define the next generation of collaboration."

Khan’s arrival comes at a pivotal time as Neat transitions from disruptive challenger to dominant enterprise force, deepening its focus on intelligent edge computing and accelerating toward public market readiness. His long-standing relationships within the industry—including with members of the Neat founding team—promises a seamless leadership transition.

Khan succeeds Janine Pelosi, who led Neat through a period of significant expansion, strengthened the company’s operational foundation, and broadened its product portfolio.

For more information about Neat, please visit neat.no.

About Neat

Neat brings people together with intelligent, simple, and open video devices built on our unique, AI-powered distributed architecture. Designed for fast installation and effortless scalability, Neat's devices join forces to bring video meetings and collaboration to spaces of all sizes and use cases. Neat blends robust enterprise-grade quality and manageability with consumer-like ease and flexibility. Neat's pioneering portfolio provides superb audio and video quality for Google Meet, Microsoft Teams, Zoom, or BYOD. We empower global teams to connect, collaborate, and thrive, enabling them to do their best work. Neat is based in Oslo and has a passionate team worldwide. Explore more at neat.no.

Media contact:
Sling & Stone Singapore
neat@slingstone.com

KPMG in India announces strategic alliance with CleverTap to advance customer engagement and retention capabilities

Thu, 07 May 2026 06:30:00 +0800

MUMBAI, INDIA, May 6, 2026 - (ACN Newswire) - KPMG in India and CleverTap today announced a strategic alliance to embed advanced customer engagement capabilities into enterprise transformation programs. The alliance brings together KPMG in India’s Connected Enterprise and advisory capabilities with CleverTap’s customer engagement and retention platform, enabling organisations to explore greater personalisation, while staying aligned with governance, security, and key business priorities.

The alliance will focus on organisations across the BFSI (Banking and Financial Services), retail, and consumer markets. By integrating CleverTap’s analytics and orchestration capabilities into KPMG in India–led initiatives, the alliance is intended to provide organisations with pathways to more effectively connect customer data with execution and to explore more coordinated, lifecycle-based approaches to engagement.

Together, KPMG in India is expected to contribute its consulting experience across operating model design, governance, risk, and compliance, alongside CleverTap’s integrated platform capabilities including real-time analytics and AI-driven engagement enablement, aimed at supporting organizations in strengthening customer engagement, retention initiatives, and customer lifetime value.

Building on these complementary strengths, the alliance is designed to support companies in their efforts to reduce churn, strengthen customer engagement, and pursue sustainable revenue growth, while also helping them navigate and align with relevant regulatory requirements.

“Our alliance with CleverTap strengthens our ability to help organisations activate insights responsibly and scale customer engagement in a measured, sustainable way. By bringing together our transformation-led consulting approach with CleverTap’s analytics-driven platform, we aim to support companies as they work to deepen customer relationships in a rapidly evolving digital and regulatory environment,” said Ram Seshadri, Partner, Digital Cloud Solutions, KPMG in India.

“Enterprises don’t just need more data; they need intelligence to deliver personalized experiences. By combining KPMG in India’s transformation expertise with our all-in-one customer engagement platform, powered by CleverAI™, we’re equipping brands to deliver true 1:1 personalized journeys that increase customer lifetime value,” said Anand Jain, Co-founder and Chief Marketing Officer, CleverTap.

By combining strategic advisory insights with advanced engagement technology, the alliance aims to help organisations develop stronger, more resilient customer ecosystems for the future.

About KPMG in India

KPMG entities in India, are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Calicut, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Raipur, Trivandrum, Vadodara and Vijayawada.

KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focussed and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

About CleverTap

CleverTap is the world’s leading AI-first, all-in-one customer engagement and retention platform, helping brands turn data into lasting customer relationships. Powered by its proprietary CleverAI™: Decisioning Engine and Agentic AI-verse, CleverTap enables organizations to maximize customer lifetime value at scale. Its unified platform brings together AI-powered segmentation, personalization, experimentation, journey orchestration, and deep analytics—seamlessly integrated with 100+ leading martech solutions.

With backing from global investors including Accel, Peak XV Partners, Tiger Global, CDPQ, and 360 One, CleverTap has presence across US, Europe, the Middle East, Latin America, and Asia. Leading brands such as TD Bank, Burger King, Paytm, Levi’s, IKEA, Decathlon, Vodafone, Domino’s, Jio, Carousell, Banco Azteca, Zomato, StockX, and Emirates NBD, rely on CleverTap to drive measurable growth through meaningful customer engagement.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/
X: https://twitter.com/CleverTap

Forward-Looking Statements

Some of the statements in this press release may represent KPMG in India’s and CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. Both KPMG in India and CleverTap caution that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. KPMG in India and CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will KPMG in India and CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

ADITYA SANYAL
Director, Digital Marketing, CleverTap
+91 9177110080
aditya.sanyal@clevertap.com

ASHMIT CHAUDHARY
Associate Consultant, Archetype
+91 8850752121
ashmit.chaudhary@archetype.co

Adyton Resources and East Vision International Holdings Execute Amended Investment and Development Agreement for the Fergusson Island Projects

Wed, 06 May 2026 19:29:00 +0800

BRISBANE, AUS, May 6, 2026 - (ACN Newswire) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce that it has executed an amended Investment and Development Agreement (the "Amended IDA") with East Vision International Holdings Pte. Ltd. and East Vision Group Ltd.), together ("EVIH"), for the development of its Fergusson Island Gold Projects (Wapolu and Gameta) (the "Projects") which amends and restates the original joint venture earn-in agreement (the "IDA") dated May 2, 2024.

Under the Amended IDA, EVIH can earn up to a 50% interest in Fergusson Mining Pte. Ltd. (refer Figure 1) through a total investment of up to US$9.5 million (equity), and if required, US$2M (debt) for the development of Wapolu as well as a shareholder loan for the development financing of Gameta.

The Amended IDA simplifies the earn-in structure into a single milestone linked to the permitting, pre-development and capital to commence operations at the Wapolu Project. Funding will support equipment purchases, permitting, feasibility work and project development, with a target to commence operations in Q4 2026. Once the funding and development milestones are achieved, EVIH and the Company are expected to each hold a 50% interest in Fergusson Mining Pte. Ltd.

As part of the Amended IDA, the Company will grant EVIH up to 4.5M restricted stock units (the "RSUs") in three separate contingent issuances, each 1.5M issuance linked to Gameta pre-development, development and commissioning milestones.

Figure 1 below shows the Adyton corporate structure and positioning of the JV within that structure.

Tim Crossley, Managing Director and CEO, commented, "This amended agreement simplifies the path to a 50/50 partnership with EVIH while preserving core funding elements to advance the Fergusson Island projects toward production. We believe the revised structure provides simplicity, clarity and equity alignment between the parties as we continue to unlock the value of the Fergusson Island Gold Projects."

Gary Wang, CEO of EVIH, commented, "We are very pleased with these amendments, which simplify our agreement with Adyton and provide greater alignment between ourselves and Adyton as we advance the Fergusson Island Projects. We are also encouraged by the constructive discussions which have further strengthened our relationship with Adyton."

Figure 1 - Adyton Corporate Structure

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Terms of the Agreement:

Pursuant to the terms of the IDA, EVIH has the right to acquire up to a 50% ownership interest in the Project through a total investment of up to US$9.5 million, with US$8.5 million (the "Initial Investment Amount") to fund Project expenditures and US$1.0 million to be paid to the Company, of which US$500,000 was paid to the Company upon execution of the IDA in May 2024.

The Amended IDA revises the structure of EVIH's investment into the Company's subsidiary, Fergusson Mining Pte Ltd. ("FM") (formerly MR Exploration PNG Pte Ltd.) into a two-stage funding arrangement. The Initial Investment Amount of US$8.5 million is to be applied toward the development of the Wapolu Project, including acquisition of all necessary processing and mining equipment, completion of a project feasibility study, other activities required to obtain all necessary licenses, permits, consents and approvals, maintenance of tenements in good standing, and commencement of operations (the "Wapolu Project Commencement") with a nameplate annual capacity rating of 300,000 ROM tonnes gold concentrate by January 31, 2027. EVIH's non-voting Class B shares will convert into voting Class A shares upon funding of the Initial Investment Amount and the Wapolu Project Commencement and reaching name plate capacity, at which point EVIH and the Company are expected to each hold 50% of FM. Within 90 Days of the Wapolu Project Commencement occurring, a sum of US$500,000 is required to be paid to the Company.

If the required milestones are not achieved by May 2, 2027, any unconverted Class B shares may be cancelled without consideration. Should the Initial Investment Amount be insufficient to conclude all necessary activities as described above, EVIH may provide a shareholder loan to FM of up to US$2.0 million bearing interest at 10% per annum, at its discretion.

The Amended IDA also contemplates a second-stage project financing for the development of the Gameta Project, including undertaking of a full definitive feasibility study and all development work for a mining and processing operation to process at least 2,000,000 ROM tonnes annually, and are expected to be funded through a loan facility provided by EVIH parent, East Vision Group (EVG), bearing interest at 8% per annum (the "EVG Loan Facility"), with interest and principal repayments prioritized from project cash flows prior to distributions to shareholders.

In addition, the Company has agreed to grant up to 4,500,000 restricted share units (the "RSU's) to EVIH under its Amended and Restated Non-Option Omnibus Incentive Plan (the "Omnibus Plan"), subject to the following non-market performance-based vesting conditions to be achieved before the earlier of the deadline agreed to each milestone below (if any) or December 31, 2029, being the expiry of the Restriction Period:

1,500,000 RSU's will vest upon the completion of the Gameta Feasibility Study to the satisfaction of the MRA by no later than 31 December 2026;
1,500,000 additional RSU's will vest upon the granting of the Gameta Mining Lease (ML), the granting of the CEPA Environment Permit (EP) and completion of all land holder consents/approvals to the satisfaction of the MRA;
1,500,000 additional RSU's will vest upon the commencement of operations (the "Gameta Project Commencement") of the first of two 1,000,000 ROM tonnes per annum modules with the approved Gameta Feasibility Study of a 2,000,000 ROM tonnes mining processing and export operation prior to 1 May 2028.

The transaction is an arm's length transaction and qualifies as an Exempt Transaction under the policies of the TSX Venture Exchange. The Company is not paying any finder fees in connection with the transaction.

For further information please contact:
Tim Crossley, Chief Executive Officer
E‐mail: ir@adytonresources.com
Phone: +61 7 3854 2389
Phone: +1 778 549 6768

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

ABOUT ADYTON RESOURCES CORPORATION

Adyton Resources Corporation is focused on advancing gold and copper projects in world-class mineral jurisdictions. The Company holds a portfolio of highly prospective assets in Papua New Guinea where it is actively working to expand its existing gold Inferred and Indicated Mineral Resources and build on recent high-grade gold and copper drill results at its 100% owned Feni Island ‎project.

Adyton's projects are located on the Pacific Ring of Fire, on accessible island settings that host several globally significant deposits including the Lihir gold mine and ‎Panguna copper-gold mine on Bougainville Island, both in close proximity to Feni, highlighting the district-scale potential of the Company's land package.

Feni Island Au-Cu project
The Feni Island Project currently has a mineral ‎resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred ‎mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland ‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.

Fergusson Island Au project
The Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5g/t Au cut-off grade.

See the technical report dated October 14, 2021, entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay ‎Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.

See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.

For more information about Adyton and its projects, visit www.adytonresources.com.

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Forward-looking statements

This press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.

Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws.

Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward-looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296192