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TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT,OTC:NSRCF)(OTCQB:NSRCF) (‘NextSource’ or the ‘Company’) announces that Mr. Jaco Crouse has resigned from his position as Chief Financial Officer after accepting a senior role with another organization. Mr. Crouse will remain employed by the Company for a transition period of up to four months to support an orderly handover of responsibilities.

Mr. Crouse has served as Chief Financial Officer since 2024, during which time he played a key role in strengthening the Company’s financial discipline, supporting capital markets activities, and advancing NextSource’s development strategy. The Company thanks Mr. Crouse for his contributions and wishes him success in his new role.

The Company is working with Mr. Crouse to ensure an orderly and comprehensive handover of responsibilities. As part of a structured succession planning approach, the Board will coordinate with external advisors to progress the search for a new Chief Financial Officer. Interim arrangements will be communicated as appropriate.

Hanré Rossouw, President and CEO of NextSource, commented:

‘On behalf of the Board and management team, I would like to thank Jaco for his contribution and commitment during a critical period of growth and transformation for NextSource. We appreciate his support in ensuring a smooth transition and wish him every success in his next chapter.’

The Company remains focused on executing its strategic priorities, including advancing its Battery Anode Facility development, progressing toward Final Investment Decision, and delivering on its integrated battery materials strategy.

About NextSource Materials Inc.

NextSource Materials Inc. is a battery materials company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.

The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations. NextSource’s corporate presentation can be accessed and downloaded here.

The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities (BAF) capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner. The Company is now in the process of developing its first BAF in the UAE and has executed a multi-year offtake agreement for the supply of anode active material with Mitsubishi Chemical Corp of Japan.

NextSource Materials is listed on the Toronto Stock Exchange under the symbol ‘NEXT’ and on the OTCQB under the symbol ‘NSRCF’.

For further information about NextSource Materials, please visit our website at www.nextsourcematerials.com or contact us at +1.416.364.4911 or email Brent Nykoliation, Executive Vice President at brent@nextsourcematerials.com.

Safe Harbour: This press release contains statements that may constitute ‘forward-looking information’ or ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘potential’, ‘possible’ and other similar words, or statements that certain events or conditions ‘may’, ‘will’, ‘could’, ‘expected’ or ‘should’ occur. Forward-looking statements include any statements regarding, among others, that non-binding LOI’s and term sheets will progress to definitive agreements and the timing thereof, timing of construction, development and completion of the BAF, timing and completion of front-end engineering and design, timing of FID, the phased development plan of the BAF as well as the Company’s intent on becoming a fully integrated global supplier of critical battery and technology materials. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this press release. These risks include that the non-binding term sheets will not progress to definitive agreements, the parties to the non-binding term sheet will not be satisfied with their due diligence review, risks related to the construction and development of the BAF, the potential supply of natural graphite fines for NextSource’s planned BAF from Syrah or other qualified 3rd party sources, the risk that a positive FID decision may never be reached as well as other risk factors set forth in the Company’s latest Annual Information Form (which includes the disclosed risk related specifically to the development commissioning and operation of the BAF) There is no assurance that the definitive agreements will be completed with the above noted timeframe or at all. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

SOURCE: NextSource Materials Inc.

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Rakuten Securities has launched a new platinum-focused investment trust, expanding access to precious metals exposure in Japan at a time of rising global interest in commodities.

The Rakuten Platinum Fund broadens the range of investment options available to Japanese retail investors by offering indirect exposure to platinum through a fund-of-funds structure.

Rather than holding physical platinum, the fund invests via a master fund that allocates to physical platinum-backed exchange traded funds (ETFs).

The fund operates without foreign exchange hedging as a default, meaning investors are exposed to yen-denominated movements in global platinum prices.

Structured as an additional type investment trust, the fund also has no fixed investment term and allows daily subscriptions and redemptions. It has a trust capital ceiling of approximately US$641 million, with a minimum threshold of 1 billion yen.

A key feature expected to drive retail demand is its eligibility for inclusion in a Nippon Individual Savings Account (NISA). Modelled on the UK’s Individual Savings Account (ISA), the scheme allows qualifying investors to receive tax exemptions on dividends and capital gains for an unlimited period, subject to investment limits.

This positions the new fund as a tax-efficient vehicle for individuals seeking exposure to platinum within a long-term savings framework.

The launch aims to capitalize on growing investor interest in platinum globally. A recent World Platinum Investment Council (WPIC) report saw holdings in platinum ETFs increase by a net 234,000 ounces in 2025, driven by positive sentiment following a platinum price breakout and its sustained discount to gold.

Platinum’s price momentum has been notable. The metal surged more than 90 percent from the second quarter onward in 2025, climbing above US$1,900 per ounce in December. After silver, it was the second best-performing metal of the year.

Structural supply challenges, including a projected supply shortfall of more than 692,000 ounces, were a key driver of the rally, alongside strong industrial demand from the automotive sector and emerging clean energy technologies. Lower interest rates from the US Federal Reserve also boosted investment appetite for precious metals.

Even as total platinum demand is projected to fall 5 percent to 7.82 million ounces in 2025, investment demand is expected to rise 6 percent to 742,000 ounces, according to the WPIC.

Investors have been drawn to platinum as a relative value play amid record gold prices, fueling inflows into ETFs as well as purchases of physical bars and coins.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the ‘Company’ or ‘Bold’) is pleased to announce that it has signed an agreement dated February 27, 2026 (the ‘Vending Agreement’) with 2099840 Ontario Inc. oa Emerald Geological Services (‘EGS’) to acquire 6 staked mining claims (the ‘Additional Claims’) contiguous to its Joutel Property, located 140 km northwest of Val d’Or, Quebec in consideration for the issuance of 750,000 common shares of the Company to EGS (the ‘Transaction’). EGS is a non-arm’s length party controlled by Bruce MacLachlan, President and COO of Bold, and Coleman Robertson, VP Exploration of Bold. The Additional Claims cover versatile time-domain electromagnetic (VTEMTM) geophysical anomalies from a 2012 survey carried out on the Joutel Property by Bold. Anomalous area 3B (see Figure 1) is associated with historical diamond drill hole intercepts of 0.83% Nickel over 3.7 metres including 1.27% nickel over 2.3 metres, as well as 0.51 gt gold over 3.05 metres (see Figure 2). The Vending Agreement and Transaction are subject to the approval of the TSX Venture Exchange.

Bold CEO David Graham commented that ‘we are pleased to have re-assembled our Joutel claims. Our 2012 VTEM survey outlined a number of anomalies that we believe are prospective for Nickel (Ni), Copper (Cu), Zinc (Zn), Gold (Au) and Silver (Ag). We are excited to explore these anomalies to generate what we anticipate will be high potential drill targets.’

Bruce MacLachlan, President and COO of Bold Ventures and President and CEO of EGS, stated: ‘The proposed acquisition of the EGS claims is a major step forward for Bold’s Joutel project, which will become a consolidated land package of 58 claims comprising 3217 hectares covering numerous geophysical anomalies associated with known base and precious metal mineralization. We anticipate a ground geophysical survey this winter to better define these geophysical anomalies in advance of drilling.’

The transaction is a related party transaction as EGS is a non-arm’s length party controlled by Bruce MacLachlan and Coleman Robertson, two insiders of the Company. The related party transaction is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (‘MI 61-101‘) by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company to be issued to EGS does not exceed 25% of its market capitalization.


Figure 1: Joutel property claims on 2012 VTEM
TM conductors.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_001full.jpg


Figure 2: Historical diamond drill hole intersections on EGS claims

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_002full.jpg

About the Joutel Property

The Joutel claim group of Bold Ventures Inc. (‘Bold‘) is located approximately 140 km northwest of the city of Val d’Or, Québec, and 6 kilometres south-southeast of the historical mining town of Joutel, Québec, in Poirier and Dalet Townships (see Figure 3). The property currently consists of 52 staked claims.

The property area was previously worked by Bold in 2012, when Bold flew a versatile time domain electromagnetic (VTEMTM) survey over the area. Bold let the Additional Claims lapse in 2014 and the Additional Claims were acquired by EGS before Bruce MacLachlan and Coleman Robertson became insiders of Bold. In the northern part of the current property, the 2012 survey identified anomalous area 3B which is spatially associated with historical values in diamond drill core of 0.83% nickel over 3.7 metres including 1.27% nickel over 2.3 metres, as well as 0.51 g/t gold over 3.05 metres (see Figure 1 and Figure 2). Historical holes also intersected anomalous copper and zinc. In the southern part of the property where anomalous areas 3C and 3D were identified by the airborne survey, there is one drill hole totaling 155 meters recorded in the Quebec drillhole database (https://sigeom.mines.gouv.qc.ca).

Known deposits within 11 kilometres of the northern property boundary include the past-producing Joutel gold mine, the Poirier base metal mine, the Joutel copper deposit, and the Explo-Zinc base metal deposit (see Figure 3). For more information refer to the Joutel Property information page on Bold’s website.


Figure 3: Joutel property nearby deposits

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5762/285801_7b9b5a63046319eb_003full.jpg

The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

‘Bruce A MacLachlan’
Bruce MacLachlan 
President and COO 
‘David B Graham’
David Graham
CEO

 

Direct line: (705) 266-0847

Email: bruce@boldventuresinc.com

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES

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Technical analysts Kevin Wadsworth and Patrick Karim of NorthstarBadcharts.com share an update on the capital rotation process that they see unfolding, and explain what it means for precious metals, as well as the US stock market and Bitcoin.

They also talk about the opportunity they see in oil and how to get exposure to the market.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Statistics Canada released its December data for gross domestic product (GDP) by industry on Friday (February 27).

While overall GDP increased 0.2 percent, the figures showed a broad 0.9 percent decline in the mining, quarrying, and oil and gas extraction sector, reversing a 0.1 percent increase in November. In real dollars, the sector contributed C$119.62 billion in the month, just shy of C$120.76 billion in November.

The decrease was due to a 1.1 percent contraction in the oil and gas subsector and a 1.4 percent decline in the mining and quarrying subsector. However, the fall off was slightly offset by a 1.6 percent increase in sector support activities.

The Canadian reporting agency also released its annual mineral production survey on Wednesday (February 25).

The data showed that 2025’s production and shipment numbers increased nearly across the board for copper, silver and gold.

In terms of production, copper output climbed to 499,896 metric tons, beating the 444,587 metric tons in 2024. The quantity of silver produced also rose significantly to 356,052 kilograms in 2025 from 331,965 kilograms. Gold also increased, though narrowly, to 186,923 kilograms from 185,555 kilograms the previous year.

As for shipments, copper climbed to 480,100 metric tons from 437,861 metric tons in 2024, while silver shipments increased to 344,133 kilograms from 325,705 kilograms. Of the three metals, only gold saw a decline, with shipments falling slightly to 184,456 kilograms from 185,376 kilograms a year earlier.

Several other resources, including cobalt and nickel, also saw sizeable jumps last year.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were positive this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 2.3 percent over the week to close Friday (February 27) at 34,339.99, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 8.4 percent to 1,107.60.

The CSE Composite Index (CSE:CSECOMP) gained 4.02 percent to 174.55.

The gold price gained 1.36 percent to close at US$5,261.19 per ounce on Friday at 4:00 p.m. EST. The silver price fared better, closing the week up 6.55 percent at US$93.66 on Friday.

In base metals, the Comex copper price recorded a 3.24 percent increase this week to US$6.05.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 2 percent to end Friday at 610.89.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Adex Mining (TSXV:ADE)

Weekly gain: 171.43 percent
Market cap: C$27.09 million
Share price: C$0.095

Adex Mining is an exploration company that holds a 100 percent stake in the Mount Pleasant project in Southwest New Brunswick, Canada. The property contains two main deposits: the Fire Tower zone, which hosts tungsten and molybdenum mineralization, and the North zone, which hosts tin, zinc and indium.

The asset consists of 102 mineral claims covering 1,600 hectares, as well as equipment and facilities from historic mining operations conducted by BHP (ASX:BHP,NYSE:BHP,LSE:BHP) between 1983 and 1985.

According to its most recent investor presentation released on June 11, the property hosts the world’s largest indium reserve and North America’s largest tin deposit. Indicated resources for the North zone demonstrate contained metal values of 47 million kilograms of tin, and 789,000 kilograms of indium from 12.4 million metric tons with average grades of 0.38 percent tin and 64 parts per million indium.

Adex Mining has not released news since it published its interim management discussion and analysis on November 18.

The increase in Adex’s share price this week comes ahead of the Prospectors and Developers Association of Canada convention, which is taking place in Toronto, Ontario, from March 1 to 4.

In a mid-February interview, New Brunswick Natural Resources Minister John Herron revealed that a deal “is due imminently with a well-known company in the Canadian mining community” for Adex’s Mount Pleasant project.

Additionally, he said the provincial government plans to introduce its new minerals strategy at PDAC on March 2. According to Herron, New Brunswick will adopt a one project, one process framework to quickly advance critical minerals projects.

2. US Copper (TSXV:USCU)

Weekly gain: 100 percent
Market cap: C$37.17 million
Share price: C$0.28

US Copper is an exploration company working to advance its Moonlight-Superior project in Northeast California, United States.

The project covers approximately 13 square miles of patented and unpatented federal mining claims in the Lights Creek Copper District, near the Nevada border.

A preliminary economic assessment released on January 6, 2025, demonstrated a post-tax net present value of US$1.08 billion with an internal rate of return of 23 percent and a payback period of 5.3 years, assuming a copper price of US$4.15 per pound.

The included mineral resource estimate shows a total indicated resource of 2.5 billion pounds of copper, 21.7 million ounces of silver and 140,042 ounces of gold from 402.83 million metric tons of ore with a grade of 0.31 percent copper, 1.85 parts per million (ppm) silver and 0.012 ppm gold. The majority is hosted at its Moonlight and Superior deposits.

The company has not released any news since December 15, when it announced that it had staked 54 additional claims, totalling 1,104 acres near Moonlight-Superior, that US Copper intends to use for the project’s infrastructure development.

The company also stated that it had begun metallurgical testing, which it expected to be completed in April 2026, with the release of partial results starting in February 2026.

3. Doubleview Gold (TSXV:DBG)

Weekly gain: 95.62 percent
Market cap: C$27.09 million
Share price: C$2.68

Doubleview Gold is an exploration company working to advance its Hat copper-gold project in Northwestern British Columbia, Canada.

The project is located within BC’s Golden Triangle, an area that hosts numerous active mines and development projects. The property consists of 19 mineral tenures covering an area of 18,000 hectares.

On February 25, Doubleview released an updated mineral resource estimate for its Hat project, reporting copper equivalent resources of 5.82 billion pounds in the measured and indicated categories and 4.57 billion pounds in the inferred category.

The measured and indicated resource includes 2.42 billion pounds of copper, 3.22 million ounces of gold, 80.1 million pounds of cobalt and 5.05 million ounces of silver from 609 million metric tons of ore with average grades of 0.21 percent copper, 0.18 grams per metric ton (g/t) gold, 0.008 percent cobalt and 0.38 g/t silver.

Additionally, the MRE reported a recoverable measured and indicated scandium oxide resource of 2,415 metric tons, grading 28.77 g/t.

Doubleview’s president and CEO stated that exploration of the property has increased the deposit’s size over the years, with it now covering an area of about 1.6 kilometers by 1.6 kilometers. He also noted that the company discovered additional elements within the deposit that it plans to unveil soon.

4. BP Silver (TSXV:BPAG)

Weekly gain: 62.16 percent
Market cap: C$35.9 million
Share price: C$1.20

BP Silver is an exploration company focused on its flagship Cosuño project in Bolivia.

The property covers approximately 3,375 hectares and hosts a 10.5 square kilometer alteration zone within an underexplored jurisdiction. To date, the company has identified four primary targets in the southern project area.

On February 27, the company announced assay results from the final eight holes of the 11 hole drill program at Cosuño.

Exploration encountered several zones of silver mineralization at the Pocañita Chica target. One hole delivered high grades of 600.4 g/t silver over 5 meters, which included an intersection of 1,655 g/t over 1 meter.

The company said it achieved its main goal of “confirming mineralization within the lithocap beneath surface geochemical anomalies,” which it said de-risks the project.

Additionally, BP Silver stated the drill program confirmed a silver and polymetallic mineralized system along a 2.7 kilometer long corridor that remains open in all directions.

5. Tsodilo Resources (TSXV:TSD)

Weekly gain: 61.29 percent
Market cap: C$21.75 million
Share price: C$0.25

Tsodilo Resources is a metals exploration company advancing its Gcwihaba polymetallic project in Northwest Botswana, which hosts the C26 and C27 rare earth skarn anomalies. It also owns the Xaudum iron formation project in the country.

At Gcwihaba, Tsodilo has identified a conceptual exploration target of skarn ore in the 81 million to 97 million metric ton range with grades of 0.05 and 1.49 percent total rare earth oxides (TREO).

The company originally identified the C26 and C27 targets through ground magnetic and gravity surveys, with drilling confirming mineralization at depths of 20 to 50 meters below surface.

Tsodilo plans to perform 15,000 meters of drilling in 2026, with a focus on defining high-grade REE zones, while also evaluating the system’s overall polymetallic potential.

The most recent news from the company came on February 2, when it reported that it had closed a C$742,095 private placement by issuing 4.95 million shares. Proceeds from the financing will be used to advance its projects in Botswana.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

TORONTO, ON / ACCESS Newswire / February 27, 2026 / 55 North Mining Inc. (CSE:FFF,OTC:FFFNF)(FSE:6YF) (‘55 North‘ or the ‘Company‘) is pleased to announce that it has closed its previously announced non-brokered flow-through private placement (the ‘Private Placement’).

Pursuant to the Private Placement, the Company issued 1,702,800 flow-through common shares (‘FT Shares’) at a price of $0.745 per FT Share for aggregate gross proceeds of $1,268,586.02.

The FT Shares entitle the holder to receive the tax benefits applicable to flow-through shares in accordance with the provisions of the Income Tax Act (Canada). No warrants were issued in connection with the Private Placement. All securities issued pursuant to the Private Placement are subject to a four-month hold period in accordance with applicable securities laws.

The gross proceeds raised from the Private Placement will be used to incur eligible Canadian exploration expenses that qualify as ‘flow-through mining expenditures’ for purposes of the Income Tax Act (Canada), related to the exploration of the Company’s Last Hope Gold Project.

The Company further confirms that exploration drilling activities are underway, with one drill rig currently operating on the Last Hope Gold Project. A more detailed operational update will be provided in a subsequent news release.

About 55 North Mining Inc.

55 North Mining Inc. is a Canadian exploration and development company advancing its high-grade Last Hope Gold Project located in Manitoba, Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Bruce Reid
Chief Executive Officer
55 North Mining Inc.
Phone: 647-500-4495
bruce@mine2capital.ca

Mr. Vance Loeber
Corporate Development
Phone: 778-999-3530
cvl@tydewell.com

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of 55 North contains statements that constitute ‘forward-looking statements.’ Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

SOURCE: 55 North Mining Inc

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We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    Tariff concerns sent global stocks drifting on Monday (February 23), with US futures pointing lower at the start of the week even though the Nasdaq Composite (INDEXNASDAQ:.IXIC) ended a three week losing streak the previous week.

    Additionally, a Citrini Research report published on Sunday (February 22) projects that the dominance of artificial intelligence (AI) could lead to the collapse of the “human-centric consumer economy” and cause widespread unemployment, adding to the growing anxiety around AI-induced displacement.

    Markets had a subdued reaction to Anthropic’s announcement ⁠of 10 new AI tools on Tuesday (February 24), including plugins that could help with investment banking tasks, private equity engineering and design.

    Mohit Kumar, chief Europe economist at Jefferies Financial Group (NYSE:JEF), noted that, although AI disruption will remain a market theme for the foreseeable future, the company’s emphasis on “partnership rather than displacement” may have spurred a software sector rally in Tuesday afternoon trading.

    Also aiding the software recovery was a handful of experts pushing back against the Citrini report, including a response published by Citadel Securities’ Frank Flight, who said the thesis is far-fetched at best.

    On Wednesday (February 25), ahead of NVIDIA’s (NASDAQ:NVDA) much-anticipated earnings report, tech stocks boosted indexes in North America, Europe and Asia, with the S&P/TSX Composite Index (INDEXTSI:OSPTX) seeing advances in AI-related software and diversified tech amid positive quarterly reports from Canada’s main financial institutions; meanwhile, semiconductor companies led gains on Wall Street.

    While positive sentiment lifted Canada’s main index to a new record on Thursday (February 26), the US had a weaker session after investors were unimpressed with NVIDIA’S results.

    Although NVIDIA beat expectations, guidance shows deceleration. A 3.2 percent drop in the PHLX Semiconductor Sector (INDEXNASDAQ:SOX) index dragged the Nasdaq down to close 1.2 percent lower.

    Indexes in Canada and the US slipped on Friday (February 27) as renewed positive sentiment from earlier in the week ultimately gave way to concerns over AI-led disruptions.

    3 tech stocks moving markets this week

    1. NVIDIA (NASDAQ:NVDA)

    NVIDIA, which makes up almost 8 percent of the S&P 500 (INDEXSP:.INX), was up on Wednesday ahead of its Q4 earnings report, which showed US$68.1 billion in revenue, an increase of 73 percent. Net income was up 94 percent to US$42.9 billion, and the company generated US$96.6 billion in free cashflow for the year.

    The results exceeded analysts’ estimates, but shares were flat in after-hours trading, despite CEO Jensen Huang’s claim of “skyrocketing” AI agent adoption and sales growth of 78 percent for the current quarter.

    2. Salesforce (NYSE:CRM)

    Salesforce rose modestly intraday ahead of its Q4 earnings release on Wednesday, which showed revenue growth of 12 percent year-on-year, beating analysts’ estimates at US$11.2 billion. Full-year revenue was at US$41.5 billion, up 10 percent, with the company reporting remaining performance obligations of US$72.4 billion, a 14 percent increase.

    Annual recurring revenue from the company’s AI agent platform, Agentforce, led quarterly gains, reaching US$800 million, up 169 percent. Despite CEO Marc Benioff’s revenue projection of US$63 billion by the 2030 fiscal year, 2027 fiscal year guidance of US$45.8 billion to US$46.2 billion was below the consensus estimate of US$46.06 billion, which sent shares down around 5 percent in after-hours trading. The company also said it anticipates a slowdown in core business expansion, projecting organic growth of only 7 to 8 percent for the upcoming fiscal year.

    2. Dell Technologies (NYSE:DELL)

    Dell Technologies was trading higher ahead of its Q4 earnings. The firm delivered revenue of US$33.4 billion, beating estimates, and full-year revenue of a record US$113.5 billion.

    Sales of AI servers hit US$9.8 billion, up 100 percent year-on-year, with a US$64 billion AI pipeline and US$43 billion backlog. Earnings per share topped estimates of US$2.36, coming in at US$2.86.

    Momentum continued after hours following CEO Mike Dell’s comments on “skyrocketing” hyperscaler demand for AI infrastructure despite some margin pressure, with Dell’s share price soaring about 11 percent.

    Top tech news of the week

                Tech ETF performance

                Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

                This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 1.83 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) advanced by 1.77 percent.

                The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 1.76 percent.

                Tech news to watch next week

                Next week there will be light earnings, with results expected from MongoDB (NASDAQ:MDB), Alibaba (NYSE:BABA) and Broadcom (NASDAQ:AVGO); however, macro data alongside speeches from US Federal Reserve presidents will dominate alongside tariff developments and AI CAPEX and inflation concerns.

                Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

                This post appeared first on investingnews.com

                Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the ‘Company’ or ‘Bold’) is pleased to provide an update on diamond drilling progress at its Burchell Base and Precious Metals Project, located 100 km west of Thunder Bay, Ontario. 4 holes totaling 669 meters have now been completed in the vicinity of the 111 Zone, where channel sampling results from last Fall were reported last December (see Bold news release dated December 2nd, 2025), and where one grab sample from December 2024 returned 68 gt Au (see Bold news release dated January 9th, 2025). 663 samples of drill core have now been submitted to the laboratory and results are pending. While awaiting results from this first phase of drilling, the drill has been moved to Bold’s Wilcorp property located approximately 13 km east of Atikokan, Ontario, and drilling has commenced there.

                Bold’s CEO David Graham, President and COO Bruce MacLachlan, and VP Exploration Coleman Robertson will be meeting with investors at booth #2610 at the Prospectors and Developers Association of Canada (PDAC) Mineral Exploration and Mining Convention in Toronto from March 1st to 4th, 2026. Coleman Robertson will be presenting at the PDAC Spotlight with a talk titled ‘From Burchell to the Ring of Fire,’ at 11:10 a.m. on Monday March 2nd in the Northern Lights Learning Hub, Level 300, Hall A of the North Building of the Metro Toronto Convention Centre. During PDAC Bruce MacLachlan will also be interviewed by the Northern Miner on March 1st, and by CEO.CA on Monday March 2nd.

                In continuing to build Bold’s name recognition and corporate message via video and digital media platforms, the Company will pay fees of $4,520 to the Northern Miner Group and $4,350 to CEO.CA for the interviews which will conclude at the end of the conference and will remain available for viewing at Bold’s website, www.boldventuresinc.com. The Northern Miner draws on 110 years of experience as the leading mining industry journal in Canada to cover the top developments and newsmakers around the globe. CEO.CA is a community for investors & traders in junior resource & venture stocks and is one of the most popular free financial websites and apps in Canada and for small-cap investors globally — with industry leading audience engagement and mobile functionality.

                The Company has registered for the Resourcing Tomorrow 2026 convention to be held from Dec. 1-3 2026 at the Business Design Centre in London, UK. To optimize that event and to build Bold’s name recognition and brand in the United Kingdom, Bold has signed a 12-month contract with The Armchair Trader (Armchair Trader Limited) based in the United Kingdom. The contract begins immediately and provides promotional services to Bold Ventures for a fee of $10,000.

                The Northern Miner Group, CEO.CA and Armchair Trader Limited are all arm’s length to the Company and do not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.

                Ring of Fire News

                In other news, the Marten Falls Community Access Road project has moved to the public review stage. The road, which will provide year-round access to the community, is proposed to connect to a forestry road north of Aroland First Nation. The road is part of a broader plan to connect the Ring of Fire to Ontario’s highway network, which also includes the Northern Road Link and Webequie Supply Road projects. See links below:

                Marten Falls road project moves to public review stage – Northern Ontario Business

                Ontario First Nations complete fast-tracked assessments for Ring of Fire road | Globalnews.ca

                The proposed Eagle’s Nest mine in the Ring of Fire has also cleared another regulatory hurdle. The Federal government has decided not to designate the mine for impact assessment. See link below:
                https://globalnews.ca/news/11688531/ring-of-fire-northern-ontario/

                About Bold’s Koper Lake Project in the Ring of Fire

                The Koper Lake Project is a joint venture between Bold Ventures Inc. and Canada Chrome Corporation Inc. (CCC – formerly KWG Resources Inc.) where CCC is the Operator of the exploration effort.

                Bold holds a 10% carried interest (through to production) in the Black Horse Chromite deposit on the Koper Lake Project which hosts an NI 43-101 Inferred Resource of 85.9 Mt grading 34.5% Cr2O3 at a cut-off of 20% Cr2O3 (KWG Resources Inc., NI 43-101 Technical Report, Aubut 2015). Bold also holds a 40% working interest in all other metals found within the Koper Lake claims and has a Right of First Refusal on a 1% NSR covering all metals found within the claim group.

                The Black Horse is contiguous with the Blackbird Chromite deposits owned by Ring of Fire Metals (formerly Noront Resources Inc.). The Koper Lake claims are located approximately 300 m from the Eagle’s Nest Ni-Cu Massive Sulphide Deposit that is in the permit acquisition stage.

                Chromite, nickel and copper are critical minerals that will play an important role in the electrification plans of Ontario and North America. The Company is encouraged by these ongoing developments in this emerging critical mineral mining camp.

                The technical information in this news release was reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the Company’s V.P. Exploration and a qualified person (QP) for the purposes of NI 43-101

                Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

                About Bold Ventures Inc.

                The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

                For additional information about Bold Ventures and our projects, please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.

                ‘Bruce A MacLachlan’ ‘David B Graham’
                Bruce MacLachlan David Graham
                President and COO CEO

                Direct line: (705) 266-0847 

                Email: bruce@boldventuresinc.com

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

                Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

                NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

                To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285792

                News Provided by TMX Newsfile via QuoteMedia

                This post appeared first on investingnews.com

                Escalating tensions between the United States and Iran are reviving a risk energy markets have long feared: a potential closure of the Strait of Hormuz, the narrow Gulf passage that carries roughly 20 percent of global LNG trade and 25 percent of seaborne oil.

                New modelling from energy analytics firm ICIS suggests that a three-month disruption would send European benchmark gas prices sharply higher and strain storage levels heading into winter.

                US-Iran nuclear talks are continuing this week after previous meetings failed to produce a breakthrough.

                Meanwhile, the US has increased its military posture in the Gulf region, redeploying a carrier strike group to the Northern Arabian Sea. Iranian Revolutionary Guard forces have conducted drills in the Strait of Hormuz and tested a temporary blockage of the sea passage, with officials publicly raising the possibility of closing the route to international traffic.

                Oil markets have already begun reacting to the rising geopolitical risk.

                Prices climbed to seven-month highs as traders positioned ahead of renewed US-Iran nuclear talks. US crude futures rose to as high as US$67.28 per barrel to start this week, while Brent crude reached US$72.50, its highest level since July 31, 2025, before easing later in the session.

                Disruption scenario points to sharp market shock

                The ICIS postures that the strategic importance of the strait is difficult to overstate. A prolonged closure would disrupt a quarter of global seaborne oil flows and a fifth of LNG trade. For Europe, the most immediate impact would be the loss of Qatari LNG volumes that transit the Gulf.

                To assess the potential impact, ICIS modelled two scenarios: a base case reflecting current market conditions, and a disruption case assuming no contracted Qatari LNG imports to Europe until the end of May—a 102-day halt combined with a 131 terawatt-hour (TWh)reduction in spot LNG volumes over 90 days.

                Under the disruption scenario, the Dutch TTF front-month contract, which is Europe’s gas benchmark, would jump toward 92 euros per megawatt hour, averaging around 86 €/MWh during the 90-day blockade.

                This price point hovers substantially above the base case and far exceeds the price response in ICIS’ cold-winter scenario, which resulted in roughly a 20 percent increase in some Eastern European markets.

                Furthermore, a three-month interruption of Qatari LNG would represent a supply shock of roughly 14 percent during the period, even before accounting for missing spot cargoes.

                According to ICIS, that scale of disruption would likely drive the European gas balance into shortage territory.

                “We see Europe has simultaneously allowed strategic buffers like gas storage levels to erode to dangerously low levels at a critical moment in global affairs,” said ICIS editor Ghassan Zumot.

                Even with elevated prices, not all demand in Central and Eastern Europe could be easily met while still complying with mandated EU storage targets. In the disruption scenario, end-of-winter storage levels fall to about 244 TWh, compared with 275 TWh in the base case .

                Under such conditions, the ICIS noted that competition between Asia and Europe for flexible LNG cargoes would also intensify.

                Its modeling suggests that the marginal price during the blockade would be determined by the relative willingness-to-pay of Asian power systems during the summer cooling season versus Europe’s need to secure LNG for storage injections ahead of winter.

                Volatile market meets gulf risk

                The prospect of disruption in the Gulf adds fresh uncertainty to energy markets that have yet to stabilize.

                “Throughout the year, prices have continued the downtrend they began in April (2024) as OPEC+ continued to hike output and China’s economy continued to struggle under the weight of a flailing property sector, downbeat consumer confidence, overindebted local governments and flagging external demand,” he added.

                US President Donald Trump’s on-again, off-again tariffs also injected uncertainty into markets. “We can see that Trump’s ‘Liberation Day’ tariffs pushed prices down to a level from which they’ve not recovered from, barring a spike in June as a result of the 12 day Iran-Israel war,” Cunningham said.

                Despite current perceptions of abundant oil supply with floating inventories hovering around a billion barrels, analysts caution that geopolitical disruptions could quickly alter the balance.

                “The real question is not if oil and gas production will increase, but by how much,” Cunningham said, noting that production forecasts have been revised higher in response to OPEC+ output hikes and strong US LNG demand. At the same time, tensions within OPEC+ and sanctions on Russia could complicate supply trajectories.

                For Europe, the immediate vulnerability lies in gas. The continent has made significant strides since 2022 in diversifying supply routes and expanding LNG import infrastructure.

                However, a closure of the Strait of Hormuz would instantly test those gains.

                Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

                This post appeared first on investingnews.com

                The UK has entered commercial lithium production for the first time as Geothermal Engineering Ltd (GEL) began operations in its plant at Cornwall, anchoring the government’s hopes of a domestic battery metals supply chain.

                The Redruth-based facility marks the country’s first commercial-scale output of lithium, a metal essential for electric vehicle batteries and energy storage systems.

                Initial production is set at 100 tons per year, with plans to expand to 1,500 tons annually within several years and to more than 18,000 tons over the next decade. That long-term expansion would require an estimated £640 million, or around US$860 million, in additional investment.

                Beijing’s use of export restrictions on critical materials last year further sharpened the country’s concerns about supply vulnerability. China currently controls about 60 percent of global lithium processing capacity and dominates much of the downstream battery supply chain.

                The UK government has set a target to produce 50,000 tons of lithium domestically by 2035. Demand is expected to surge as electric vehicle adoption expands and grid-scale energy storage grows.

                GEL’s project combines lithium extraction with geothermal energy production. The company has drilled nearly three miles underground into granite formations in Cornwall, circulating mineral-rich fluids that are both hot enough to generate electricity and contain dissolved lithium.

                The geothermal plant, also switched on this week, will power the lithium extraction process. The excess electricity is also expected to generate enough electricity to supply up to 10,000 homes.

                GEL founder Ryan Law said pairing lithium production with geothermal power is critical to cost control. “We can easily compete with what’s coming from China,” Law told the Financial Times.

                The project has cost approximately US$67.5 million so far, funded through private investors and US$20.25 million from the European Development Fund. The UK government also provided a US$2.43 million grant, covering half the cost of the initial lithium extraction system.

                Cornwall has emerged as the center of Britain’s lithium ambitions. Several companies are working to bring projects online, though timelines have shifted amid volatile lithium prices.

                For instance, Cornish Lithium, which has been producing small quantities of lithium hydroxide samples for potential customers since October and is targeting a commercial plant by 2029, had reduced its 2030 production target from 25,000 tons annually to 20,000 tons.

                Meanwhile, British refiner Green Lithium has also pushed back the opening of its Teesside commercial facility to around 2029, adopting what co-founder Guy Hatcher called a “more phased development strategy.”

                Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

                This post appeared first on investingnews.com