PERTH, Australia, July 21, 2026 (GLOBE NEWSWIRE) —

Quarterly Report
For the period ending 30 June 2026

Key Metrics Summary

Highlights

• Langer Heinrich Mine (LHM) ramp-up successfully completed, delivering strong operational performance, achieving or exceeding FY2026 guidance on production, sales and cost of production
• Production of 1.23Mlb U₃O₈ in the quarter and 4.82Mlb U₃O₈ for FY2026
• Sales volumes of 1.35Mlb U₃O₈ at an average realised price of US$70.6/lb U₃O₈ for the quarter with FY2026 sales totalling 4.35Mlb U₃O₈
• Patterson Lake South (PLS) Project advanced towards development following the Canadian Nuclear Safety Commission (CNSC) determination that the Construction Licence application was sufficient to proceed through the regulatory review process
• Subsequent to the quarter end, Paladin signed an Administrative Protocol with the CNSC targeting completion of hearings for the Construction Licence application at the end of calendar year 2027
• Execution of a binding term sheet with the Birch Narrows Dene Nation in relation to the Mutual Benefits Agreement for the PLS Project
• A new high-grade body of uranium mineralisation, the Atlas discovery, was identified 3.5km south of the PLS Project’s Triple R deposit and 4.5km southwest of Saloon East during the winter drilling program⁷
• Cash and investments of US$265M and an undrawn US$70M Revolving Credit Facility at quarter end
• Total Recordable Injury Frequency of 3.2 per million hours worked on a 12-month basis

“We were very pleased to successfully complete the ramp-up of the Langer Heinrich Mine in line with our commitment to deliver this goal by the end of FY2026, while also meeting the upper-end of our revised production guidance.

“Importantly for Paladin’s long-term future growth, we received formal acknowledgement from the Canadian Nuclear Safety Commission of achievement of sufficiency status, another significant milestone in developing the PLS Project. This achievement, together with an agreed administrative protocol, activates a regulatory timeframe and processes for obtaining our licence to commence construction.

“While continuing to progress the approvals, engineering and Indigenous agreement pathways for the PLS Project, we know that shareholders will be delighted to see the continuing prospectivity of our landholdings in the Athabasca Region. Our new discovery at Atlas, located on the Saloon Trend that runs broadly parallel to our Triple R deposit, has demonstrated that there are significant opportunities for Paladin to increase the development potential at the PLS Project.”

Paul Hemburrow
Managing Director and Chief Executive Officer

Langer Heinrich Mine (Namibia)

Operations

The ramp-up to full mining and processing plant operations was successfully completed in the quarter, marking a significant milestone in the progression of LHM. The full mining fleet is now operational with mining activities established and positioned to support FY2027 production objectives.

Total mined material was 7.45Mt for the quarter, a 21% uplift from the previous quarter and the highest quarterly mining rate achieved since the restart, reflecting the full mining fleet in operation. The increase in material mined was in line with the planned mining sequence which focused on waste stripping and stockpiling of lower grade ore to access higher grade ore for processing.

Crusher throughput was 1.19Mt at an average ore feed grade of 488ppm. LHM produced 1.23Mlb U₃O₈ at an average recovery rate of 90% for the quarter, driven by consistent processing plant performance. For the full year, LHM produced 4.82Mlb U₃O₈ at the upper-end of the guidance range.

The cost of production for the quarter was US$51.6/lb, reflecting the transition to full mining activities, depletion of the previously mined MG3 stockpile and lower grade during the quarter as mining activities commenced in the J pit. Cost of production for the financial year was US$43.3/lb, at the lower end of the guidance range.

There were no supply disruptions for the quarter stemming from the conflict in the Middle East. The team continues to monitor stock levels of operating inputs and inbound shipments regularly.

Sales and Marketing

During the quarter, LHM sold 1.35Mlb U₃O₈ at an average realised price of US$70.6/lb. FY2026 sales totalled 4.35Mlb U₃O₈ exceeding the upper-end of the FY2026 guidance.

As at 30 June 2026, Paladin had 400,000lb U₃O₈ outstanding under its uranium product loan facilities, having repaid 50,000lb U₃O₈ during the quarter. These facilities provide flexibility on sales logistics, enabling the timely fulfilment of customer delivery commitments.¹⁰

Quarterly sales and average realised prices are dependent on the mix of contract pricing mechanisms, payment terms and the timing of deliveries, which vary based on customer nominations from quarter to quarter as well as shipping schedules.

Resource Definition

A total of 20,608m of resource drilling was completed during the quarter, utilising six drill rigs within ML140.

Patterson Lake South Project (Canada)

Development and Permitting

During the quarter, Paladin received a formal notification from the CNSC determining that the Licence to Prepare Site for and to Construct (Construction Licence) application for the PLS Project has achieved ‘sufficiency’ status.

Sufficiency represents an important step in the CNSC licencing process as it formally establishes that Paladin’s submission meets the required level of completeness and technical detail, enabling the application to advance into the regulatory assessment phase under the Uranium Mines and Mills Regulations. It triggers a comprehensive review process and represents a critical de-risking step in the permitting pathway.

Subsequent to the quarter end, Paladin signed an Administrative Protocol with the CNSC jointly recognising the importance of the project schedule and scope of activities required for Paladin Canada to obtain a Construction Licence for the PLS Project.

The Administrative Protocol represents a significant step forward in the PLS Project permitting process. It establishes a targeted but non-binding regulatory pathway aimed at completing hearings for the Construction Licence application at the end of 2027 calendar year 2027.

In April 2026, Paladin Canada entered into a binding term sheet with the Birch Narrows Dene Nation. The term sheet sets out the key terms and conditions upon which the parties will negotiate the full form Mutual Benefits Agreement in respect of the PLS Project. 

The Company continues to actively engage with local communities and Indigenous Peoples to build respectful relationships that foster sustainable benefits.

The Paladin Canada team continued to de-risk the PLS Project through ongoing update of the Front-End Engineering Design study during the quarter.

Exploration⁷

The Company successfully completed its 2026 winter drilling program at the PLS Project during the quarter with the discovery of a new high-grade body of uranium mineralisation intersected 3.5km south of the Triple R deposit and 4.5km southwest of Saloon East, the Atlas discovery. This prospective area is within the Saloon Trend which runs broadly parallel to the structural trend that hosts the Triple R deposit. Eight exploration drillholes were collared, with seven intersecting significant uranium mineralisation at the new Atlas discovery, totalling 2,408m with the discovery remaining open along strike and at depth.

Key winter 2026 intercepts at Atlas include:

• PLS26-708B (discovery drillhole): 17.5m of total composite uranium mineralisation across three intervals, the largest being 8.0m averaging 1.75% U₃O₈, including 3.0m averaging 4.25% U₃O₈ from 190.0m to 193.0m
• PLS26-718: 21.5m of total composite uranium mineralisation across two intervals, the largest being 14.5m averaging 1.70% U₃O₈, including 5.5m averaging 2.86% U₃O₈ from 194.5m to 200.0m
• PLS26-722: 30.0m of total composite uranium mineralisation across seven intervals, the largest being 11.0m averaging 1.79% U₃O₈, including 5.0m averaging 2.94% U₃O₈ from 194.5m to 199.5m¹⁷

The 2026 winter drilling program also targeted resource conversion and extension drilling at the Triple R deposit and further drilling on the Saloon Trend, along with regional exploration. All currently identified trend targets (including Atlas) are land-based, allowing drilling activities to continue uninterrupted throughout the summer months. A total of 13,060m drilling was completed in the quarter.

Michelin Project (Canada)

There were no substantive mining exploration activities completed during the quarter. Desktop geological studies, prospectivity reviews, and target generation work continued, with the 2026 summer drill program being finalised during the reporting period.

Other Activities

Cash and Debt

As at 30 June 2026, the Company held unrestricted cash and investments of US$265M. The Company had an outstanding balance on the Term Loan Facility of US$32M and an undrawn US$70M Revolving Credit Facility at the end of the quarter.

Class Action Update

There are no material updates in relation to the shareholder class action proceedings being defended by Paladin in the Supreme Court of Victoria. The class action was brought on behalf of persons who acquired an interest in Paladin shares during the period between 27 June 2024 and 25 March 2025.

Australian Exploration

There were no substantive mining exploration activities during the quarter.

Quarterly Investor Conference Call

The Company will hold a conference call on Wednesday, 22 July 2026, at 11.00am AEST¹⁸ (Tuesday, 21 July 2026, at 9.00pm EDT¹⁹). To participate in the live teleconference, please register at the link below:

Paladin June 2026 Quarterly Results Conference Call

Please note it is recommended to log on at least five minutes before the scheduled commencement time to ensure you are registered in time for the start of the call.

A recording of the call will be available on Paladin’s website shortly after its conclusion.

June 2026 Quarter Presentation

Paladin has released an accompanying presentation on the June 2026 quarter results, which is available on the Company’s website at Stock Exchange Announcements.

This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd.

Contacts

Notes
_________________

¹ Paladin has a 75% interest in the LHM
² September quarter sales include 85,000lb U₃O₈ loan material delivered under existing contracts. March quarter sales include a further 130,000lb U₃O₈ sourced through a purchase & sale back arrangement and 155,000lb U₃O₈ through a product swap. These arrangements were entered to meet customer deliveries during the March quarter due to a shipping delay and were closed out in the June quarter
³ Average Realised Price is a Non-IFRS Measure. See “Non-IFRS Measures” for more information
⁴ Cost of Production is a Non-IFRS Measure. See “Non-IFRS Measures” for more information
⁵ Exploration expenditure for resource definition drilling previously reported for the six-month period ended on 31 December 2025 (refer to exchange announcement “Quarterly Report – December 2025” dated 21 January 2026) has subsequently been reclassified to Capital Expenditure
⁶ Capital Expenditure does not include capitalised stripping costs or costs associated with building low grade stockpiles
⁷ Refer to Paladin’s exchange announcement titled “New high-grade uranium discovery identified at PLS Project” dated 25 June 2026. Paladin confirms that it is not aware of any new information or data that materially affects the information included in that announcement.
⁸ Total Ore Mined includes high-grade, medium-grade and low-grade ore
⁹ Low-grade ore stockpile material to be processed during the later stockpile phase
¹⁰ The current uranium product loan arrangements allow Paladin to borrow up to 450,000lb U₃O₈, with repayment in kind upon delivery. As at 30 June 2026, the Company had outstanding loans of 400,000lb U₃O₈, with 200,000lb U₃O₈ scheduled for repayment in Q1 FY2027, and the remaining 200,000lb U₃O₈ due in Q3 FY2027. Under the loan facilities, certain standby and loan fees are payable. These loan facilities are expected to either be renewed, replaced or repaid within the next twelve months.
¹¹ Includes finished product on site, in-transit and at converter
¹² Includes 397,993lb U₃O₈ related to a sale to be recognised in the September 2026 quarter for which advance payment was received in the June 2026 quarter
¹³ Includes 425,012lb U₃O₈ related to a sale recognised in the December 2025 quarter for which advance payment was received in the September 2025 quarter
¹⁴ Reversals of Previous Stockpile Impairment is an accounting transaction included in the IFRS financial statements in the cost of sales line and is calculated as average cost per pound, based on the 31 December 2023 impairment reversal on existing stockpiles of US$92M, offset by an impairment in March 2025 of US$20M. The cost per pound varies based on grade, recovery and contained uranium realised for the period
¹⁵ Low-grade ore stockpiled represents the cost of mining and stockpiling low grade material to be processed during the later stockpile phase and is capitalised into inventory under IFRS. This is expected to be classified as non-current inventory until that phase. These costs are not included in the Cost of Production
¹⁶ During mining, stripping costs may be incurred removing overburden or waste to provide access to future mining areas. As this improves access to future ore, costs are capitalised and amortised on a units-of production basis
¹⁷ Intercept interval for the 5.0m averaging 2.94% U₃O₈ has been amended to 194.5m to 199.5m reflecting the correct interval as per “Table 1: 2026 Atlas Drillhole Summary” provided in the Paladin’s exchange announcement titled “New high-grade uranium discovery identified at PLS Project” dated 25 June 2026
¹⁸ AEST: Australian Eastern Standard Time (Sydney time)
¹⁹ EDT: Eastern Daylight Time (Toronto time)

Forward-looking statements

This document contains certain “forward-looking statements” within the meaning of Australian securities laws and “forward-looking information” within the meaning of Canadian securities laws (collectively referred to in this document as forward-looking statements). All statements in this document, other than statements of historical or present facts, are forward-looking statements and generally may be identified by the use of forward-looking words such as “anticipate”, “expect”, “likely”, “propose”, “will”, “intend”, “should”, “could”, “may”, “believe”, “forecast”, “estimate”, “target”, “outlook”, “guidance” and other similar expressions. These forward-looking statements include, but are not limited to, statements regarding continued development of the PLS Project; permitting approvals and community engagement; advancement of the PLS Project through to FID; development and ramp-up of operations at the LHM; LHM guidance for FY2026; and the receipt of all necessary regulatory approvals.

Forward-looking statements involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies including those risk factors associated with the mining industry, many of which are outside the control of, change without notice, and may be unknown to Paladin. These risks and uncertainties include but are not limited to liabilities inherent in mine development and production, geological, mining and processing technical problems, the inability to obtain any additional mine licences, permits and other regulatory approvals required in connection with mining and third party processing operations, competition for amongst other things, capital, acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of acquisitions, changes in commodity prices and exchange rates, currency and interest fluctuations, various events which could disrupt operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions, rising energy costs, inflationary pressures, the demand for and availability of transportation services, the ability to secure adequate financing and management’s ability to anticipate and manage the foregoing factors and risks. Readers are also referred to the risks and uncertainties referred to in the Company’s investor presentation released on 16 September 2025 and the Company’s “2025 Annual Report” and in Paladin’s Management’s Discussion and Analysis for the year ended June 30, 2025, each released on 28 August 2025, and in Paladin’s Annual Information Form for the year ended June 30, 2025 released on 12 September 2025, each of which is available to view at paladinenergy.com and on www.sedarplus.ca.

Although as at the date of this document, Paladin believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from the expectations expressed in such forward-looking statements due to a range of factors including (without limitation) fluctuations in commodity prices and exchange rates, exploitation and exploration successes, environmental, permitting and development issues, geopolitical events and political risks (including armed conflict or escalation of hostilities in the Middle East), and the impact of such events on global security conditions, economic activity, trade flows, energy markets, sanctions regimes, and uranium supply and demand, Indigenous Peoples engagement, climate risk, operating hazards, natural disasters, severe storms and other adverse weather conditions, shortages of skilled labour and construction materials, equipment and supplies, energy costs, inflation, regulatory concerns, continued availability of capital and financing and general economic, market or business conditions and risk factors associated with the uranium industry generally. There can be no assurance that forward-looking statements will prove to be accurate.

Readers should not place undue reliance on forward-looking statements, and should rely on their own independent enquiries, investigations and advice regarding information contained in this document. Any reliance by a reader on the information contained in this document is wholly at the reader’s own risk. Recipients are cautioned against placing undue reliance on such projections without conducting their own due diligence with appropriate professional support. The forward-looking statements in this document relate only to events or information as of the date on which the statements are made. Paladin does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. No representation, warranty, guarantee or assurance (express or implied) is made, or will be made, that any forward-looking statements will be achieved or will prove to be correct. Except for statutory liability which cannot be excluded, Paladin, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this document and exclude all liability whatsoever (including negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this document or any error or omission therefrom. Except as required by law or regulation, Paladin accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this document or any other information made available to a person, nor any obligation to furnish the person with any further information. Nothing in this document will, under any circumstances, create an implication that there has been no change in the affairs of Paladin since the date of this document. To the extent any forward-looking statement in this document constitutes “future-oriented financial information” or “financial outlooks” within the meaning of Canadian securities laws, such information is provided to demonstrate Paladin’s internal projections and to help readers understand Paladin’s expected financial results. Readers are cautioned that this information may not be appropriate for any other purpose and readers should not place undue reliance on such information. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions, and subject to the risks and uncertainties, described above.

Non-IFRS Measures

Paladin uses certain financial measures that are considered “non-IFRS financial information” within the meaning of Australian securities laws and/or “non-GAAP financial measures” within the meaning of Canadian securities laws (collectively referred to in this announcement as Non-IFRS Measures) to supplement analysis of its financial results and operating performance. These Non-IFRS Measures do not have a standardised meaning prescribed by International Financial Reporting Standards (IFRS) and therefore may not be comparable to similar measures presented by other issuers.

The Company believes these measures provide additional insight into its financial results and operational performance and are useful to investors, securities analysts, and other interested parties in understanding and evaluating the Company’s historical and future operating performance. However, they should not be viewed in isolation or as a substitute for information prepared in accordance with IFRS. Accordingly, readers are cautioned not to place undue reliance on any Non-IFRS Measures.

The Non-IFRS Measures used in this announcement are described below.

Average Realised Price

Average Realised Price (US$/lb U₃O₈) is a Non-IFRS Measure that represents the average revenue received per pound of uranium sold during a given period. It is calculated by dividing total revenue from U₃O₈ sales (before royalties and after any applicable discounts) by the total volume of U₃O₈ pounds sold. This measure provides insight into the actual pricing achieved under the Company’s uranium sales contracts and spot sales during the reporting period, taking into account the mix of base-escalated, fixed-price and market-related pricing mechanisms within contracts. The Company uses Average Realised Price to assess revenue performance relative to market prices, contractual pricing structures, and production costs. It is also a key measure used by investors and analysts to evaluate price exposure, contract performance, and profitability potential.

It is important to note that Average Realised Price is distinct from both the spot market price and the term market price for uranium, and it may vary significantly from period to period based on timing of deliveries, customer contract structures, and the prevailing market environment.

Revenue from the sale of U₃O₈ is reported in the Company’s financial statements under IFRS. The Average Realised Price is derived directly from statutory revenue figures and disclosed sales volumes.

Cost of Production

The Cost of Production is calculated as the total direct production expenditures incurred to produce U₃O₈ during the period (including mining, stockpile rehandling, processing, site maintenance, and mine-level administrative costs), excluding costs such as cost of ore stockpiled, deferred stripping costs, depreciation and amortisation, general and administration costs, royalties, exploration expenses, sustaining capital and the impacts of any inventory impairments or impairment reversals. This measure helps users assess Paladin’s operating efficiency.

Cost of Production per pound = Cost of Production ÷ U₃O₈ pounds produced

The Cost of Production per pound is a unit cost measure that indicates the average production cost per pound of U₃O₈ produced. The Cost of Production per pound is a Non-IFRS Measure that is widely used in the mining industry as a benchmark of operational efficiency and cost competitiveness. Paladin’s Cost of Production per pound metric is calculated as the total direct production expenditures as defined above (in US dollars) incurred during the period, divided by the total volume of U₃O₈ pounds produced in the same period. Management uses Cost of Production per pound to track progress of operational performance, to assess profitability at various uranium price points, and to identify trends in operating costs. It is also a key metric for investors and analysts to evaluate how efficiently the Company is producing uranium, independent of depreciation and accounting adjustments.

This measure allows stakeholders to monitor trends in direct production costs and to assess the Company’s operating breakeven threshold relative to uranium market prices. Investors are cautioned that our Cost of Production per pound metric may not be comparable with similarly titled “C1 cash cost” metrics of other uranium producers, as there can be differences in methodology (e.g. treatment of royalties or certain site costs). Paladin’s Cost of Production figure as defined above, focuses strictly on the on-site cost to produce U₃O₈ in the period. All figures are in US$/lb U₃O₈. We provide this information in good faith to enhance understanding of our operations; however, the IFRS financial statements (particularly the Cost of Sales line in the Consolidated Income Statement) should be considered alongside this metric for a complete picture of our cost structure.

– Published by The MIL Network

PERTH, Australia, July 21, 2026 (GLOBE NEWSWIRE) — Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“Paladin” or the “Company”) advises that it has released the Langer Heinrich Mine FY2027 Guidance.

The announcement is available on the Company’s website at Stock Exchange Announcements.

Contacts

About Paladin

Paladin Energy Ltd (ASX:PDN TSX: PDN OTCQX:PALAF) is a globally significant independent uranium producer with a 75% ownership in the world-class long-life Langer Heinrich Mine in Namibia. In Canada, Paladin is progressing development of the Tier-1, high grade and shallow Patterson Lake South (PLS) Project in northern Saskatchewan and has an extensive portfolio of exploration assets within the province’s highly prospective Athabasca Basin and also at the Michelin project in Newfoundland and Labrador. In Australia, Paladin owns uranium exploration assets in Queensland and Western Australia. Paladin is committed to a sustainability framework that ensures responsible, accountable and transparent management of uranium resources – now and in the future. The Langer Heinrich Mine is delivering reliable uranium supplies to major nuclear utilities around the world, positioning Paladin as a meaningful contributor to baseload energy provision in multiple countries and global decarbonisation, whilst unlocking the PLS Project to support future global nuclear energy expansion.

– Published by The MIL Network

SINGAPORE – Media OutReach Newswire – 22 July 2026 – St Francis Methodist School International (SFMS) has released its latest academic results for students in the Western Australian Certificate of Education (WACE) programme. The outcomes reflect steady ATAR performance and a range of university placements through the school’s pre-university programmes.

Overview of the WACE Curriculum at SFMS

SFMS International is among a small number of institutions in Singapore offering the WACE curriculum and has delivered this programme for over 23 years. The WACE is a recognised senior secondary qualification awarded by the School Curriculum and Standards Authority (SCSA) on behalf of the Ministry of Education, Western Australia. It prepares students for university admission both locally and internationally.

SFMS is also currently the only school in Singapore offering a Senior High Preparatory Pathway (WACE) for students in Years 9–10. This introduces students to the structure and expectations of the curriculum earlier, building familiarity with subject content and assessment formats before progressing to the senior years. Additionally, subject selection in Years 11A and 12A is structured to meet university entry requirements and reflect students’ academic interests.

Academic Outcomes and University Placements

In 2023, 8 out of 12 WACE graduates from SFMS International achieved ATAR scores above 90, meeting the eligibility criteria for universities such as the National University of Singapore (NUS) and Nanyang Technological University (NTU). The cohort’s top scorer, Wang Dawei, recorded an ATAR of 96.15 and enrolled at NTU to study Business and International Trading. In addition to local placements, graduates were admitted to international universities such as the University of Melbourne and Fudan University in China.

In 2024, 2 out of 8 graduates also attained ATAR scores above 90. The highest scorer, Youn Chae-Won, achieved an ATAR of 95.3. Her university placement is currently pending.

Student Journeys and Holistic Development

Students in the WACE programme at SFMS International engage in both academic and co-curricular activities as part of their overall learning experience. Recent graduates have taken part in service learning, subject specialisation, and personal reflection throughout their time in the pre-university programme.

Youn Chae-Won, the 2024 valedictorian, joined SFMS International from Korea in 2021. Over time, she adjusted to a new academic environment and explored subjects such as accounting, which influenced her interest in finance-related pathways. She also took part in various aspects of school life, including a service learning trip to Bintan in 2023, where students supported local sanitation efforts. Her involvement in both academic and co-curricular settings marked a broad engagement with school life during her time at SFMS.

Andrew Zhuang, who enrolled in SFMS International in 2019, pursued subjects such as Business Management, Accounting, and English as an Additional Language (EALD). Beyond academics, he was involved in community fundraising and joined the same Bintan service trip. He also attended weekly chapel sessions and received support from peers and teachers during a period of health-related absence.

These outcomes reflect the ongoing role of the WACE programme at SFMS International in supporting students through both academic pathways and broader educational experiences. Under the leadership of Principal Mr Lee Hak Boon, the school continues to emphasise academic planning, subject selection, and student wellbeing as part of its overall approach to pre-university education.

https://www.sfms.edu.sg/
https://www.facebook.com/sfms.singapore
https://www.instagram.com/sfms_sg/
https://www.youtube.com/channel/UC_bb9hcNhAk7WgYBE_FI61A/featured

Hashtag: #StFrancisMethodistSchoolInternational

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

MIL OSI

SAVANNAH, Ga., July 21, 2026 (GLOBE NEWSWIRE) — GHD, a global professional services company, has been selected by the US Army Corps of Engineers (USACE) Savannah District for an indefinite delivery/indefinite quantity (IDIQ) contract to deliver architect-engineer civil works and non-military design services.

The contract supports the Savannah District’s Civil Works mission, with a focus on hydrologic, hydraulic, water quality and environmental modeling, and related engineering and environmental services. The scope also includes geotechnical and coastal engineering, full life-cycle engineering and design, construction support and associated infrastructure services supporting flood control, navigation, dams and environmental restoration. The contract may also support design for new non-military construction, as well as the upgrade, maintenance and repair of various facilities.

GHD is partnering with key subconsultants to support delivery of services under the contract.

“Being selected by the USACE Savannah District reflects our team’s proven ability to deliver high-quality civil works and design solutions,” said Victor Tirado, Maritime and Coastal Market Sector Lead for North America at GHD. “By combining strong technical capabilities, trusted specialty partners and local leadership, we are well positioned to support the District’s mission across complex and evolving projects.”

As an incumbent contract holder, GHD has supported USACE Savannah District on 10 task orders across Georgia, South Carolina, Florida and the US Virgin Islands. GHD’s successful delivery of projects associated with the Savannah Harbor Expansion Project, combined with the ability to adapt to the District’s evolving mission, positioned the firm for selection.

“Our recent collaboration with the USACE Savannah District has given us a strong understanding of the District’s priorities and partnerships,” said Ted Whiton, GHD Executive General Manager — USA. “We bring that insight, alongside our technical capability and long-standing commitment to federal clients, to deliver practical and resilient solutions that support the District’s long-term vision.”

About GHD

GHD is a leading professional services company operating in the global markets of water, energy and resources, environment, property and buildings, and transportation. Committed to making water, energy, and communities sustainable for generations to come, GHD delivers advisory, digital, engineering, architecture, environmental, and construction solutions to public and private sector clients. Established in 1928 and privately owned by its people, GHD’s network of 12,000+ professionals is connected across 160 offices on five continents.

Contacts:

Melissa Sullivan
GHD
+1-281-657-0818
melissa.sullivan@ghd.com

Rose-Marie Ménard
Pilot PMR
+1-579-622-9925
rosemarie.menard@pilotpmr.com

– Published by The MIL Network

MIL OSI

ENTECH, Australia and NZ’s longest-running AV trade roadshow and the only event for AV and entertainment technology professionals that visits every major population centre, is heading to its final 2026 shows in New Zealand after completing record-breaking events across Australia.

Having toured five cities across Australia with a packed one-day program of seminars, hands-on demonstrations and its new Tech Train the ENTECH roadshow is staged fresh in NZ, opening at the new Auckland International Convention Centre on Tuesday 28 July then rolling Thursday 30 July into Lower Hutt Events Centre in Wellington and crossing the straight to Te Pae in Christchurch for Tuesday 4 August.

The 2026 ENTECH Australian Roadshow saw record visitor numbers, a revitalised exhibitor floor and a clear signal that the professional AV, lighting and production industry is spending well.

ENTECH CEO Kate McKenzie explained, “It encompassed five cities, one amazing crew and thousands of handshakes. After rolling through Sydney, Melbourne, Brisbane, Perth and Adelaide the ENTECH Roadshow has packed up its trucks and called 2026 a wrap in Australia with the numbers making for very good reading as we head to New Zealand.”

Total visitor registrations across the five-city Australian tour were up 27 per cent with Sydney leading the charge up 37%, then Melbourne up by 32%, Brisbane continued its strong upward trajectory up 20%, Adelaide up 28% and Perth up 3%.

McKenzie added, “Registration counts only tell part of the story, though. What exhibitors care about is the ‘quality’ of visitors and ‘who’ walks through the door and on that measure, 2026 delivered emphatically.”

Across all cities, 85 per cent of registered visitors reported some form of purchasing role including final decision-maker, specifier or influencer. Critically, 82% indicated active or near-term purchasing intent, either buying at the show or flagged projects in the pipeline they were looking to buy for in the next 12 months. For ENTECH exhibitors, that’s a well-stocked order book walking around the floor.

Audio and sound remained the dominant interest category selected by 74% of all Australian visitors, followed by lighting at 60% and video/broadcast at 49% which meant all 68 exhibitor stands were filled and busy throughout each show in each city.

The ENTECH touring crew that makes the whole thing happen covered 10,563 kms across the country, managing bump-in, floor operations and bump-out across every city – a considerable logistical undertaking that involved four Live Event Logistics trucks and up to 30 local crew supported by 30 venue staff at each event.

From 2027, the ENTECH Roadshow restructures as an even more focused Sydney, Melbourne and Brisbane event – a change the organising team describes as a “sharpening” of focus. If the 2026 numbers are any guide, the industry will follow wherever ENTECH goes.

For now, the ENTECH Roadshow next rolls into its final 2026 legs in Auckland, Wellington and Christchurch where, as always, attendance is free for trade guests.

For more information and to register, visit www.entech-roadshow.com 

MIL OSI

DENVER, July 20, 2026 (GLOBE NEWSWIRE) — American Rare Earths Limited (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or “the Company”) is pleased to announce the appointment of Andrew Conover as Chief Development Officer (CDO), a new executive role focused on advancing the Company’s flagship Halleck Creek Rare Earths Project in Wyoming through the current Pre-Feasibility Study (PFS), the planned Final Feasibility Study (FS), and towards construction.

APPOINTMENT OF CHIEF DEVELOPMENT OFFICER

Mr. Conover is a mining projects executive with approximately 20 years of experience delivering studies, major capital projects, restarts and brownfield expansions across the Americas. Most recently, he served as Senior Director of Construction at Elko Mining Group / Origin Mining, where he was accountable for the restart of a brownfield copper-molybdenum mill, tailings and associated infrastructure with a capital budget of approximately US$350 million, while achieving strong safety outcomes and disciplined execution.

As Chief Development Officer, Mr. Conover will be responsible for integrating and driving the Halleck Creek Cowboy State Mine pre-feasibility and feasibility programs, including engineering, project controls, risk management and constructability. He will also establish the development and execution framework required to move Halleck Creek efficiently from feasibility into permitting, detailed engineering and construction, while working closely with technical, operations and permitting teams to support long-term safety, operability and capital discipline.

In addition, he will help advance the Whole of Property Development Assessment for the broader, multi-generational Halleck Creek deposit beyond the initial Cowboy State mine.

The creation of the Chief Development Officer role reflects the Company’s focus on de-risking Halleck Creek as a future domestic source of rare earths for defense, energy, and advanced manufacturing supply chains, and on aligning internal capabilities with the scale and strategic importance of the project.

The Company also advises that Mr. Dwight Kinnes has retired from the Company. American Rare Earths thanks Mr. Kinnes for his substantial work on the Halleck Creek project and wishes him the best in his retirement.

This announcement has been authorized for release by the Board of American Rare Earths Limited.

ABOUT THE HALLECK CREEK RARE EARTHS PROJECT

The Halleck Creek Rare Earths Project, located in Wyoming, is described by the Company as the largest known rare earth deposit in the United States on a total rare earth oxide (TREO) basis¹. The Cowboy State Mine area is being advanced as the initial development area, while the Company also continues to assess the broader long-term potential of the overall property.

ABOUT AMERICAN RARE EARTHS LIMITED

American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) is a critical minerals company focused on advancing the Halleck Creek Project through its wholly owned subsidiary, Wyoming Rare (USA) Inc. The Company states that Halleck Creek has the potential to support U.S. critical mineral independence and that it continues to work on innovative extraction and processing technologies with support from U.S. government-backed research program. Further information is available at www.americanree.com.

________________________________
¹ Refer ASX announcement dated 4 February 2025

– Published by The MIL Network

Concurrent Food Expo features “Multi-Facets of Chinese Medicine” exhibition

HONG KONG SAR – Media OutReach Newswire – 20 July 2026 – The 25^th International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and ten scientific research institutions, will be held from 13 to 15 August at the Hong Kong Convention and Exhibition Centre (HKCEC), offering industry professionals the latest insights into Chinese medicine. This year’s conference is funded by the Chinese Medicine Development Fund of the Government of the Hong Kong Special Administrative Region. It is dedicated to strengthening the ties between Hong Kong’s Chinese medicine industry and the international market, while promoting Hong Kong’s leading role in the global field of Chinese medicine.

Register for the conference to stay updated with the latest industry information on Chinese medicine: https://tinyurl.com/tmvryr38

Aligning with the strategic Blueprint with a focus on “Bringing In and Going Global”

The Chinese Medicine Development Blueprint of Hong Kong (the Blueprint) released in 2025 positions Hong Kong as a bridgehead for the global internationalisation of Chinese medicine and a key highland within the national framework for Chinese medicine development. To actively support the strategic direction of the Blueprint, this year’s conference adopts the theme Clinical Translation, Regulatory Policies and Global Innovative Pathways of Traditional Medicine, focusing on two core elements: bringing in and going global. It introduces Hong Kong’s Chinese medicine regulations and resource support to participants from Chinese Mainland and overseas, while inviting overseas regulatory authorities to share their local traditional medicine regulations. This year, some 30 experts and scholars from Hong Kong, Chinese Mainland, and overseas have been invited to comprehensively explore the latest research and development trends, regulatory interpretations, and success cases in Chinese medicine.

The three-day conference is divided into five major thematic sessions, covering policy blueprints, international regulations, clinical research, success case sharing, and talent cultivation:

To help enterprises from Chinese Mainland and abroad understand Hong Kong’s Chinese medicine regulation and support, Dr. Vincent Chung Chi-ho, Commissioner for Chinese Medicine Development, Chinese Medicine Unit, Health Bureau, will elaborate on the Blueprint, while Law Kwok-wai, Robert, Chief Pharmacist (Chinese Medicine), Chinese Medicine Regulatory Office, Department of Health, Dr. Yeung Kin Wai, Senior Chemist, Government Chinese Medicines Testing Institute, Department of Health, and Prof. Bian Zhaoxiang, Hospital Chief Executive, The Chinese Medicine Hospital of Hong Kong (CMHHK) , will share in-depth insights into the latest progress in Chinese medicine regulation, quality standards testing, and clinical practice and research at the Chinese Medicine Hospital. Furthermore, Arnold Lau, Associate Director-General, Invest Hong Kong, Dr. William Cheung, Deputy Chief Manager (Life and Health Technology), Office for Attracting Strategic Enterprises (OASES), Angela Yu, Deputy Head of Health Tech and TCM, Hong Kong Productivity Council and Wing Chu, Deputy Director of Research, HKTDC, will participate in a panel discussion to analyse the Hong Kong government’s resource support for the development of Chinese medicine.

To provide attendees with a comprehensive analysis of market trends, Prof. Zheng Linyun, Executive Vice President of the Shanghai Academy of International Standardization of Traditional Chinese Medicine, will share reflections and prospects on the transformation of ISO/TC249. Furthermore, Prof. Taruna Ikrar, Chairperson of the Indonesian Food and Drug Authority (BPOM), Indonesia, Nurul Anisah Binti Shahri from National Pharmaceutical Regulatory Agency (NPRA), Ministry of Health, Malaysia and Thawatchai Nakkaratniyom, Senior Professional Level Pharmacist, Head of Pre-marketing Control Group, Herbal Products Division at Thai Food and Drug Administration, Ministry of Public Health, Thailand will jointly analyse the regulations and standards of the Southeast Asian market.

Scientific and clinical experts will share the latest progress in the scientific research and clinical application of Chinese medicine, as well as experiences regarding the R&D application and clinical efficacy of hospital-made Chinese medicine preparations. Prof. Zhang Zhongde, Deputy President of Guangzhou University of Chinese Medicine & President of Guangdong Provincial Hospital of Chinese Medicine will share Chinese Mainland’s practices in the research and development of Chinese medicine. Prof. Lee Sanghoon, Dean, International Education Institute of Korean Medicine, Kyung Hee University will discuss the development of new natural product drugs in Korea. Prof. Pei Xiaohua, Dean of Changping Hospital Affiliated to Beijing University of Chinese Medicine and Director of the Institute of Traditional Chinese Surgery will discuss clinical needs in developing new Chinese herbal medicines for TCM-advantageous breast diseases. Locally, Prof. Zhang Ge from Hong Kong Baptist University will present innovative achievements in utilising traditional Chinese medicine to drive target discovery for triple-negative breast cancer, while Prof. Xian Yanfang Lisa, Assistant Professor, School of Chinese Medicine, Faculty of Medicine, The Chinese University of Hong Kong will share pre-clinical and clinical studies of novel Chinese medicine formula for treating gout.

Focusing on successful industry practices, ICMCM provides an interactive platform for the industry, helping to ensure the continuous development and growth of the traditional Chinese medicine sector. Yan Han, Chairman, Beijing Tong Ren Tang Chinese Medicine Company Limited will share the cultural heritage and internationalised development of Chinese medicine, and Dr. Celine Cheng, Chief Compliance & Technology Officer of Jacobson Pharma Corporation Limited will share GMP applications in the industry. Several professors from Chinese Mainland, Australia, Canada, Macao, and Singapore—including Prof. Li Min, Dean and Chair Professor, School of Chinese Medicine, Hong Kong Baptist University; Prof. Xu Hongxi, Chairman, Belt and Road Alliance for Traditional Medicine, Honorary Dean & Distinguished Professor, Shanghai University of Traditional Chinese Medicine; Prof. Zhu Xiaoshu, Co-Director, Australia-China Chinese Medicine Centre, Western Sydney University, Australia; and Prof. Linda Zhong, Director, Biomedical Sciences and Chinese Medicine, School of Biological Sciences, Nanyang Technological University, Singapore —will explore training models for Chinese medicine talent at home and abroad, alongside market demands for Chinese medicine products in potential markets.

The Symposium will be held on the morning of 15 August. This year, it is jointly organized by eight institutions, including four Hong Kong universities—The Chinese University of Hong Kong, The University of Hong Kong, Hong Kong Baptist University, and The Hong Kong University of Science and Technology—alongside Nanyang Technological University in Singapore, the University of Macau, Shanghai University of Traditional Chinese Medicine, and Guangzhou University of Chinese Medicine. The Symposium will kick off with Vincent & Lily Woo Fellowship in Memory of Dr Albert Wong endowed by Vincent & Lily Woo Foundation Award Presentation Ceremony, hosted by the Modernized Chinese Medicine International Foundation. This year’s Symposium will feature nearly 100 research presentations, including oral research presentations by 10 postgraduate students from Hong Kong, Chinese Mainland, Australia, Singapore, South Korea, Vietnam, and Serbia, and nearly 90 poster displays. The judging panel will select 10 winners for the Tianjiang Cup Li Shizhen Youth Outstanding Thesis Award. The Symposium not only provides a platform for postgraduate students in Chinese medicine to share their research progress and achievements but also promotes student collaboration and exchange, laying an important cornerstone for cultivating a new generation of scientific research professionals and driving the development of Chinese medicine.

This year’s conference continues to operate under the hybrid model, with simultaneous interpretation in both English and Putonghua offered to enable wider industry participation.

In addition to the professional conference tailored for industry practitioners, ICMCM is committed to promoting the popularisation and implementation of Chinese medicine in the community through a public education display area titled “Multi-Facets of Chinese Medicine” at the concurrent Food Expo. In response to the directives of the Blueprint, this interactive and educational display aims to significantly enhance the public’s correct understanding of and confidence in Chinese medicine.

The design of the exhibition is closely aligned with the development direction set out in the Blueprint, providing a comprehensive overview of the new chapter in Hong Kong’s Chinese medicine sector. It covers four main themes including the latest development trends of Chinese medicine in Hong Kong, the service features of the Chinese Medicine Hospital of Hong Kong, the Hospital Authority’s Chinese medicine outpatient services, Chinese medicine regulation framework and Chinese medicine practitioner registration system, alongside knowledge on Chinese medicine wellness practices.

A half-day ICMCM Public Forum will be held on Saturday, 15, August 2026, to promote the advantages of Chinese medicine services, interesting Chinese medicine wellness tips and preventive healthcare. By running industry conferences alongside public exhibitions and forums in parallel, the event aims, on the one hand, to foster academic and industrial innovation exchanges among global Chinese medicine experts, and on the other, to embed Chinese medicine culture deeply into the daily lives of the public, thereby jointly promoting Hong Kong’s development as an international centre for Chinese medicine.

Conference programme: icmcm.hktdc.com/pdf/2026/programme.pdf
Website: hktdc.com/icmcm

Concurrent Exhibitions:
HKTDC Food Expo PRO foodexpopro.hktdc.com
HKTDC Hong Kong International Tea Fair hkteafair.hktdc.com
HKTDC Food Expo hkfoodexpo.hktdc.com
HKTDC Beauty & Wellness Expo hkbeautyexpo.hktdc.com
HKTDC Home Delights Expo homedelights.hktdc.com

Hashtag: #HKTDC #ICMCM

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Vietnam’s leading international F&B exhibition – 30 years of partnering with businesses to create sustainable value

– Published and distributed with permission of Media-Outreach.com.

While most of the world’s websites have never answered the AI question at all, New Zealand quietly leads the planet in answering it: 15.3% of Kiwi sites have published a formal, machine-readable AI policy — the highest share of all 43 countries in the study, ahead of Australia, and double or triple most of Europe. That is the picture from an analysis of 41.8 million websites by data platform Piperic.

Piperic analysed the robots.txt files and AI directives of 76,371 live New Zealand websites. On blocking, the country is unremarkable: 4.1% (3,150 sites) exclude at least one known AI crawler — 23rd of 43 countries, mid-table, slightly more cautious than Australia (3.4%). ChatGPT, Claude and Gemini are free to learn from the content of the remaining 95.9%.

The record is elsewhere: 15.3% of Kiwi sites have consciously opted in, publishing an llms.txt policy file — roughly one in seven websites, the highest rate measured anywhere, ahead of Australia (14.7%) and far ahead of the UK (9.5%), Germany (4.6%) or France (6.2%). As a result, New Zealand’s “silent majority” — sites that never made any AI decision — is the smallest in the study: 80.6%, against global norms above 90%. It’s a small web that has done its homework.

The tourism paradox — and a cautious press

The sector table repeats a pattern seen across tourism economies: attractions block AI at 9.1% — more than twice the national average — precisely as travellers increasingly plan their trips with ChatGPT. In this market, hiding from AI means hiding from future visitors. The Kiwi press is cautious too: 15.7% of the 223 news sites analysed block AI crawlers — well below Australia’s barricades (25.1%), well above the relaxed British press (3.6%). Meanwhile, of 22,606 New Zealand online shops, only 2.9% block — the catalogues of more than 21,900 Kiwi shopsare already readable by AI shopping assistants. And Kiwi blocking is clean: only 4.7% of GPTBot-blockers accidentally exclude ChatGPT’s search robot (global average: 6%).

“New Zealand punches far above its size on AI awareness: fifteen percent of Kiwi sites have published an llms.txt — the highest rate of all 43 countries we analysed. Nowhere else has a larger share of the web actually sat down and decided what AI may do with its content. The one blind spot is ironic for a country that lives on visitors: attractions block AI at twice the national average, just as travellers hand their itineraries to ChatGPT,” — says Attila Rácz-Akácosi, founder of Piperic.com.

The full interactive New Zealand report — with sector comparison, world ranking and quarterly updates — is freely available: piperic.com/ai-report/nz

THE NUMBERS AT A GLANCE

76,371 live New Zealand websites analysed · 41.8 million worldwide
15.3% have consciously opted in (llms.txt) — the HIGHEST rate of all 43 countries (Australia: 14.7%, UK: 9.5%)
the “silent majority” is 80.6% — the smallest in the study (global norm: 90%+)
95.9% block no AI crawler · 4.1% (3,150 sites) block — 23rd of 43
attractions: 9.1% block (2.2x the average) — the tourism paradox · press: 15.7% (n=223)
more than 21,900 Kiwi online shops are already readable by AI shopping assistants
only 4.7% of NZ GPTBot-blockers accidentally lock themselves out of ChatGPT Search (global: 6%)

METHODOLOGY Piperic analyses the public web continuously; these figures come from a snapshot taken on 13 July 2026 covering 41,818,678 live websites, of which 76,371 are New Zealand sites. Live = reachable (HTTP 2xx) and not parked. AI blocking = robots.txt excludes at least one known AI crawler (GPTBot, ClaudeBot, Google-Extended, CCBot and others). Important: these figures cover the ENTIRE New Zealand web, not just the biggest sites — the 19–25% blocking rates often cited in international coverage refer to the global top 1,000 most-visited sites, where awareness (and legal exposure) is far higher. The two numbers don’t contradict each other: they describe different populations.

ABOUT PIPERIC Piperic (piperic.com) is a business-data platform that maps and makes searchable the technology, content and AI-access data of 41.8 million live websites. The AI Report is the platform’s free research series covering 43 countries, updated quarterly.

MIL OSI

SYDNEY, July 18, 2026 (GLOBE NEWSWIRE) — Shanghai Sunwin Bus Corporation (“Sunwin Bus”) showcased its latest green mobility solutions at the Australasia Bus & Coach Expo 2026 in Sydney under the theme “Green Means More.” The company presented the iEV12 battery-electric city bus and the B13E battery-electric bus chassis, attracting strong interest from Australian public transport operators, government transport authorities and industry media.

Sunwin Bus Showcases Green Mobility Solutions at Australasia Bus & Coach Expo 2026

During the exhibition, Sunwin Bus hosted a dedicated product presentation featuring a corporate video and technical briefings, providing attendees with a comprehensive demonstration of the company’s system integration capabilities and technological innovation in the new energy bus sector.

In his keynote remarks, Ma Zhenggang, General Manager of Sunwin Bus, said Australia is actively advancing the green and low-carbon transformation of its urban public transport system. An increasing number of local governments have announced plans to transition to zero-emission bus fleets, charging infrastructure is being deployed at a faster pace, and the Australian Federal Government has also stepped up financial support for new energy infrastructure.

“As the only dedicated manufacturer of medium- and large-sized new energy buses under SAIC Motor, Sunwin Bus regards this exhibition in Sydney as the starting point for providing advanced products and services to support Australia’s transition toward zero-emission public transportation,” Ma said. “At the same time, we look forward to gaining a deeper understanding of local technical standards, regulatory requirements and the industry ecosystem. We will actively respond to the market’s expectations for localization and supply chains while building local service capabilities covering the entire product lifecycle. We remain committed to a long-term strategy supported by continuous product iteration.”

Ma added that green and low-carbon public transportation represents not only an industrial transformation, but also a commitment to social responsibility and a more prosperous future.

The two products on display were developed specifically for the Australian market to meet the demanding requirements of RHD operation, long-haul mileage, high reliability and coastal climatic conditions.

Built on Sunwin’s latest vehicle platform, both models feature a fully low-floor, barrier-free design and are equipped with advanced Cell-to-Pack (CTP) battery technology, delivering longer driving range and enhanced handling performance.

The powertrain integrates a new-generation high-efficiency electric drive motor with Sunwin’s independently developed silicon carbide (SiC) auxiliary control technology, precisely optimized for public transport operating scenarios. A highly integrated thermal management system helps ensure reliable operation during Australia’s hot summers, while enhanced anti-corrosion protection improves durability in coastal environments.

The B13E battery-electric bus chassis also offers a high level of scalability, supporting different wheelbase configurations as well as front and rear overhang options to accommodate a wide range of customized body applications and meet the Australian market’s diverse operational requirements.

Throughout the exhibition, Sunwin Bus engaged with partners across Australia’s public transport industry value chain to explore market development opportunities and future cooperation.

For Sunwin Bus, “Green Means More” means more than environmental sustainability. It also represents higher efficiency, a better passenger experience and more sustainable prosperity. This philosophy reflects the true meaning of the company’s exhibition theme and embodies Sunwin Bus’s long-term commitment to growing together with the Australian market.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/29a54cbb-df82-4ba1-a72d-04dea49ae5d9

– Published by The MIL Network

Physical AI enables the automation of tasks, improved productivity, stable quality, and the creation of new services by allowing robots and various pieces of equipment to assess situations and autonomously determine and execute optimal actions. However, realising this requires advanced robot control technology and an AI infrastructure that leverages high-quality on-site data, as well as a collaborative control platform that integrates these elements to bridge the digital and physical worlds. Yet, there are limits to what a single company can achieve in terms of development and widespread adoption.

Given this situation, as a technology company, Fujitsu will promote the societal implementation of physical AI through collaboration with leading robotics companies- FANUC, Yaskawa Electric, and Kawasaki Heavy Industries – while simultaneously working to standardise and open up the collaborative control platform.
 
Overview
 
1. Social implementation utilising physical AI
These explorations will cover the social implementation of physical AI in the following industrial sectors with plans to expand into other sectors in the future in place.
• Factory solutions: By optimising the planning of overall factory production activities – taking into account factors affecting production fluctuations and on-site conditions – and enabling autonomous on-site adaptation, Fujitsu will help the manufacturing industry achieve further productivity gains and flexibility.

• Solutions for retail and logistics: By automating material handling operations based on logistics plans that incorporate real-time sales and inventory data, Fujitsu will achieve labour-saving and automation in logistics.

• Healthcare solutions: Based on optimised plans triggered by instructions from hospital operational systems, robots autonomously execute tasks to automate the in-hospital transport of pharmaceuticals and specimens, as well as outpatient reception and guidance services.
 
2. Promoting the standardisation and openness of a sovereign collaborative control infrastructure by bridging the digital and physical worlds
 
Fujitsu will develop software platforms and hardware interfaces that serve as a common foundation for physical AI by first gaining a deep understanding the cutting-edge technologies – such as AI, robotics, control systems, simulation, and data analysis – held by each company. These technologies will facilitate collaboration among various robots and equipment, and help to realise more advanced autonomous control systems. At the same time, as the scope of robot applications expands and collaboration with other equipment increases, risks such as cyberattacks, system-wide downtime or malfunctions, and leaks of confidential information also rise. Therefore, Fujitsu will develop a sovereign collaborative control infrastructure which will be provided as an open platform for participating companies and research institutions, thereby promoting the implementation of physical AI across the entire industry.
 
Collaboration with NVIDIA
 
Through this initiative, Fujitsu will lead business discussions with the companies and leverage the AI, world model, simulation, and robotics technologies underpinning NVIDIA’s physical AI platform. By doing so, it will further enhance the sovereign collaborative control platform and accelerate the social implementation of physical AI in industrial domains.

• Fujitsu will leverage the NVIDIA Cosmos global foundation model in its socio-physical simulations to enhance its ability to understand and predict events in real-world environments. Furthermore, it will accelerate the development and real-world implementation of physical AI solutions across diverse sectors, including manufacturing, logistics, and healthcare.

 • Fujitsu will leverage libraries such as NVIDIA Omniverse, the NVIDIA Isaac open platform, and the Newton physics engine to streamline Sim2Real as well as robot learning, verification, and optimisation.
 
Future Plans
 
Starting with business discussions with these companies, Fujitsu will formulate a roadmap for concrete technology development and business expansion. As the robotics market expands, Fujitsu is confident that establishing a framework to provide an AI infrastructure – leveraging Japan’s world-class robot control technology and high-quality on-site data – will be a crucial step toward Japan leading the global robotics market. Through the societal implementation of physical AI, Fujitsu will contribute to the realization of a safe and prosperous society where humans and robots coexist and collaborate, as well as to the strengthening of Japan’s industrial competitiveness.
 
Executive Comments

Kenji Yamaguchi, Representative Director, President and CEO, FANUC CORPORATION comments:
 
“This collaboration marks an important step toward significantly advancing and accelerating the real-world deployment of Physical AI powered by robotics. We have already begun practical utilisation of Physical AI systems based on open platforms. Our key objective is to bring unprecedented “AI systems that are flexible and that can be utilised by users of all skill levels” to the shop floor in a timely manner. By combining your company’s autonomous AI platform- which integrates Fujitsu’s Takane LLM and NVIDIA technologies – with FANUC robots featuring advanced AI capabilities and support for open platforms such as ROS 2 and Python, we aim to address critical challenges such as labour shortages. Through this collaboration and by leveraging the AI technologies of NVIDIA, a strategic partner of both companies, we will strive to create a society in which people and robots coexist and collaborate seamlessly, strengthen industrial competitiveness, create new value, and contribute to the realisation of a sustainable society.”
 
Masahiro Ogawa, Vice Chairman, Executive Officer, YASKAWA Electric Corporation comments:
 
“It has been about 10 years since Yaskawa Electric proposed the solution concept “i3-Mechatronics” in 2017, aimed at realising a new industrial automation revolution based on the fusion of mechatronics and data utilisation. During this time, technologies such as AI and GPUs have evolved significantly, and the expansion of automation through data utilisation – a goal we have championed – continues to advance.
Our company rapidly brought the MOTOMAN NEXT – an autonomous AI robot equipped with NVIDIA GPUs as standard – to market. Furthermore, by advancing ROS 2 compatibility and leveraging robots as open platforms, we are working to implement physical AI in society, as outlined in our mid-term management plan. We believe that strengthening our relationships with various partners is essential to realising this vision and further expanding the scope of automation. We have high hopes that this initiative will enable us to accelerate the societal implementation of physical AI together with all of you.”
 
Yasuhiko Hashimoto, President and Chief Executive Officer, Kawasaki Heavy Industries, Ltd. comments:
 
“We have high expectations that this collaboration will generate significant synergies between our companies and accelerate the social implementation of Physical AI. Today, the healthcare and nursing care sectors face serious challenges, including ageing populations and labour shortages. Addressing these issues through the creation of new solutions leveraging robotics and AI is an urgent priority.

Kawasaki Heavy Industries possesses robotics technologies that are widely utilised across a broad range of industries, as well as extensive operational data and expertise accumulated over many years. By combining these strengths with Fujitsu’s advanced IT capabilities and digital platforms, we are confident that we can realise a hospital one-stop solution that safely and efficiently connects every stage of the patient journey – from hospital admission and consultation to treatment, surgery, and post-operative care – thereby helping to address critical healthcare challenges.

Through this partnership with Fujitsu, we aim not only to advance technology development but also to co-create solutions that take root in real-world settings and contribute to improving the quality of healthcare. Together, we will deliver new value to the global healthcare and nursing care sectors.”
 
Jensen Huang, Founder and CEO of NVIDIA comments:
 
“Physical AI is the next industrial revolution – and it will be made in Japan. Fujitsu, FANUC, YASKAWA and Kawasaki are the companies that taught the world how to manufacture. Together with NVIDIA’s full-stack physical AI platform, they will teach the world’s machines to think, move and work alongside people – across factories, hospitals and cities. Japan invented modern industry. With AI, Japan will define its next era.”
 
Takahito Tokita, Representative Director, CEO of Fujitsu Limited comments:
 
“We are happy to begin exploring business opportunities together with leading robotics companies FANUC, Yaskawa Electric, and Kawasaki Heavy Industries – companies that are leading the global robotics industry. By bringing together the world-class robot control technologies developed by these companies with Fujitsu’s digital technologies and highly reliable computing capabilities, we aim to create a new social infrastructure in which people and robots work collaboratively across a wide range of industries, including manufacturing, logistics, and healthcare.

In addition, by leveraging NVIDIA’s advanced Physical AI technologies, we will synthesise a collaborative control platform that seamlessly connects business applications with robotic control technologies and expand its deployment globally. Through the vertical integration of robots and business applications, we can increase the autonomy of robotic decision-making and movement, enabling dramatic productivity improvements across a variety of operational environments.

Building on the launch of this initiative, we will accelerate the social implementation of Physical AI, contributing to the realisation of a safe and sustainable society while strengthening industrial competitiveness.”

MIL OSI

Empowers Hong Kong’s next generation of innovators to responsibly apply AI to drive social impact

– Published and distributed with permission of Media-Outreach.com.

Highlights

• Canyon to materially increase strategic stake in Camrail from 9.1% to 26.9%, securing greater influence over critical rail infrastructure
• Completion of strategic 42.8% Investment in Terminal Bois du Port de Douala S.A., operator of Port of Douala, strengthening control over export logistics
• Preparation for tracklaying underway at both Inland Rail Facility and Port of Douala, advancing integrated logistics network
• First bauxite shipment from Minim Martap on schedule for late Q3, 2026 with first production imminent

PERTH, Australia, May 10, 2026 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (“Canyon” or “the Company”) is pleased to present an update on development activities at its Minim Martap Bauxite Project (“Minim Martap” or “the Project”), located in Cameroon, as the Company progresses towards first production and initial shipments.

The Company is pleased to advise that its in-country subsidiary Camalco Cameroon S.A. (“Camalco”) has paid a cash consideration of XAF 9.852 billion (approximately A$23.8 million) to increase its equity holding in Camrail from 9.1% to 26.9%, representing a significant strategic investment in the country’s primary rail transportation company. This enhanced stake will strengthen the Company’s ability to remain closely informed and actively engaged in developments relating to the PQ2 upgrade, while also securing timely bauxite transportation slots with Camrail. The increased involvement is expected to enhance oversight, coordination and strategic alignment with the Minim Martap Project, further de-risking the Company’s mine-to-port logistics chain as it advances toward production.

The increased investment in Camrail follows Canyon’s initial investment in Cameroon’s rail network operator in the first quarter of 2025 and is expected to complete in Q2, 2026, following in-country administrative registration of the newly acquired shares in Cameroon.

To further de-risk logistics, Canyon, through its in-country subsidiary Camalco, has completed a CFA 347.447 million (approximately A$0.8 million) strategic investment in Terminal Bois du Port de Douala S.A. (“TBPD”) to obtain a 42.8% stake in the operator of the Port of Douala.

The agreement complements Canyon’s existing Port Access Agreement which grants Canyon the right to export bauxite and alumina, as well as import raw materials essential for mining operations at Minim Martap.

The Port Access Agreement also provides Canyon with access to the Bois du Port de Douala to evaluate and optimise key logistical solutions in relation to site layout plans, construction requirements, and anticipated production metrics to ensure a seamless infrastructure network from mine to port. Refer to the ASX announcement dated 28 April 2025 for further details regarding the Port Access Agreement.

Commenting on the Company’s recent strategic investments, Chief Executive Officer Mr Peter Secker said: “By increasing our stake in Camrail to 26.9% and executing a strategic 42.8% investment in Terminal Bois du Port de Douala S.A. which operates the Port of Douala, Canyon is securing direct influence over the critical rail and port infrastructure that underpins our operations. These initiatives significantly enhance coordination, improve operational certainty, and materially de-risk our mine-to-port logistics as we move into imminent production.

“These are strategic, high-impact investments that reinforce our integrated logistics strategy, support the efficient ramp-up of Minim Martap, and position the Project for a long and reliable operating life.”

Image 1: Port of Douala

At Minim Martap the surface miner was mobilised to site at the Daniel Plateau in April, for the commencement of trial mining in mid Q2, 2026 allowing bauxite stockpiles to be built up at the mine, Inland Rail Facility (IRF) and port before the first bauxite ore shipment in late Q3, 2026.

Initial production will be a major milestone for the Minim Martap Bauxite Project and coincides with upgrade works on the haul road that connects the Danielle Plateau to the IRF.

Tracklaying at the IRF and bulk earthworks at the Port of Douala have commenced in preparation for rail operations to allow storage of bauxite ores at the port prior to the first shipment. The first seven locomotives are expected to arrive at the Port of Douala in late Q2, 2026 followed by the rail wagons in July 2026 ahead of first shipment of bauxite ore in late September, 2026.

Image 2: Site works at IRF

Canyon continues to engage with several potential offtake partners, with the Company aiming to finalise agreements following the completion of initial bauxite shipments, allowing Canyon to demonstrate the high grade, high purity of the Minim Martap ore reserve, which comprises of 51% alumina and approximately 2% silica.¹

The Feasibility Study for the proposed value-adding alumina refinery is scheduled to be completed by Q3 2026.

This announcement has been approved for release by Canyon’s Board of Directors.

About Canyon Resources

Canyon Resources is developing its flagship Minim Martap Bauxite Project in Cameroon, which contains over 1.1 billion tonnes of high-grade, low contaminant bauxite, with significant exploration upside. Minim Martap ranks among the world’s richest bauxite deposits, with an Ore Reserve of 144DMt at 51.2% Al₂O₃ and 1.7% SiO₂ and a JORC Mineral Resource Estimate of 1,102Mt at 45.3% Al₂O₃.

^{________________________________
1} Refer ASX Announcement dated 1 September 2025 Definitive Feasibility Study Results and Reserves Upgrade

(1) Ore Reserves reported as per JORC Code
(2) Mineral Resources reported as per JORC Code, at a cut-off grade of 35% Al₂O₃. Makan & Ngaoundal tenements are included

Table 1: Ore Reserves and Mineral Resources – September 2025

Forward looking statements

This announcement contains “forward-looking statements” and “forward-looking information”, such as statements and forecasts which include (without limitation) financial forecasts, production targets, industry and trend projections, statements about the feasibility of the Project and its financial outcomes (including pursuant to the DFS), future strategies, results and outlook of Canyon and the opportunities available to Canyon. Often, but not always, forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “is expected”, “is expecting”, “budget”, ‘outlook”, “scheduled”, “target”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. Such information is based on assumptions and judgments of Canyon regarding future events and results. Readers are cautioned that forward-looking statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, targets, performance or achievements of Canyon to be materially different from any future results, targets, performance or achievements expressed or implied by the forward-looking statements and information.

Forward-looking statements and information are not guarantees of future performance and involve known and unknown risks, uncertainties, sensitivities, contingencies, assumptions and other important factors, many of which are beyond the control of Canyon and its directors and management. Past performance is not a guide to future performance. Key risk factors (including as associated with the DFS) are detailed (non-exhaustively) in this announcement or in Canyon’s previous ASX announcements. These and other factors (such as risk factors that are currently unknown) could cause actual results, targets, performance or achievements anticipated (including in the DFS) to differ materially from those expressed in forward-looking statements and information.

Forward-looking statements and information (including Canyon’s belief that it has a reasonable basis to expect it will be able to fund the costs of the Project for its estimated life of mine) are (further to the above) based on the reasonable assumptions, estimates, analysis and opinions of Canyon made in light of its perception of trends, current conditions and expected developments, as well as other factors that Canyon believes to be relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect. Although Canyon believes that the assumptions and expectations reflected in such forward-looking statements and information (including as described throughout this announcement) are reasonable, readers are cautioned that this is not exhaustive of all factors which may impact on the forward-looking statements and information. Canyon does not undertake to update any forward-looking statements or information, except in accordance with applicable securities laws.

Investors should note that there is no certainty that the Project will be feasible and there can be no assurance of whether it will be developed, constructed and commence operations, whether the DFS results will be accurate, whether production targets will be achieved or whether Canyon will be able to raise funding when it is required (nor any certainty as to the form such capital raising may take, such as equity, debt, hybrid and/or other capital raising). It is also possible that such funding may only be available on terms that dilute or otherwise affect the value of Canyon’s shares. It is also possible that Canyon could pursue other ‘value realisation’ strategies such as sale, partial sale, or joint venture of the Project. Risk factors which are set out (non-exhaustively) in this announcement, or in Canyon’s previous ASX announcements, highlight key factors identified by Canyon which may cause actual results to differ from the DFS or may otherwise have material detrimental impacts on Canyon and its business.

Mineral Resources and Ore Reserves

This announcement contains estimates of the Mineral Resources and Ore Reserves estimated for the Project. This information in this announcement that relates to those Mineral Resources and Ore Reserves has been extracted from Canyon’s accompanying ASX announcement entitled “Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite Operation” dated 1 September 2025, a copy of which is available at www.asx.com.au. Canyon confirms that it is not aware of any new information or data that materially affects the information included in that announcement and, in relation to the estimates of Mineral Resources and Ore Reserves, confirms that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. The Competent Person for the Mineral Resources estimate in the announcement was Mr. Rodney Brown and the Competent Persons for the Ore Reserve estimate in the announcement was Mr. Donald Eld.

Production Targets and Financial Forecasts derived from the Production Targets

This announcement contains production targets for the Project, which are 100% underpinned by the Proved and Probable category Ore Reserves estimated at the Project pursuant to the JORC Code (2012). The estimated Ore Reserves underpinning the production targets have been prepared by a competent person in accordance with the JORC Code.

The Inferred category Mineral Resource estimates at the Project have not been included in the Ore Reserves or production targets and have not been included when determining the forecast financial information detailed in this announcement. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources (or Ore Reserves) in relation to that mineralisation.

The production targets for the Project and the financial forecasts disclosed in this announcement (including as derived from those production targets) are based on the material assumptions outlined in this announcement and are subject to various risk factors, such as those (non-exhaustively) outlined, or referred to, in this announcement and in previous ASX announcements. These include assumptions and risk factors about the availability of funding. While Canyon considers all the material assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the Mineral Resource and Ore Reserve estimates are accurate or that the production targets or financial forecasts as indicated in this announcement will be achieved.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/fe7ec6d8-dec9-4d74-b0f8-44cde1e5f482

https://www.globenewswire.com/NewsRoom/AttachmentNg/e135a9be-e363-4859-b95f-6f34c590bb05

– Published by The MIL Network

Highlights

• The surface miner has arrived in Cameroon, with mining operations scheduled to commence in February 2026.
• Delivery of locomotives and wagons scheduled in Q1, 2026. 
• Ore haulage from the Inland Rail Facility to the Port of Douala is planned for Q2, 2026, supporting first bauxite shipment targeted for late June 2026.
• Recruitment of the Mine Director and Port Manager has been finalised, with both appointees due to be in country this month.
• The alumina refinery Feasibility Study is progressing well and is 45% complete.
• Discussions with Camrail regarding the increase in ownership from 9% to approximately 35% are ongoing and expected to be completed in Q1, 2026.
• Drafting of meeting documentation for the EEA placement has been completed, with shareholder approval to be sought at a General Meeting scheduled for early March 2026.
• Afriland continues to progress discussions within country regulators in relation to remaining financing approvals.

PERTH, Australia, Jan. 07, 2026 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to provide a development update for its Minim Martap Bauxite Project (‘Minim Martap’ or ‘the Project’), located in Cameroon.

The road contractor has mobilised additional equipment to site, with upgrade works progressing well and remain on track for completion by the end of Q1, 2026.

Image 1: Haul Road Development between Danielle Plateau and Inland Rail Facility

The commencement of mining at Minim Martap is on track for February 2026 following the arrival of the surface miner at the Port of Douala in Cameroon in December 2025.

Images 2, 3 & 4: Arrival of the surface miner at the Port of Douala in Cameroon

Delivery of the Rolling Stock is expected in Q1, 2026, and commissioning targeted for early Q2, 2026.

Images 5 & 6: Camalco Wagons at Texmaco Rail & Engineering Limited

Images 7 & 8: Camalco locomotive fabrication and locomotive engine at CRRC Ziyang Co., Ltd

Ore haulage from Inland Rail Facility (“IRF”) to Port of Douala is scheduled for Q2, 2026, and first bauxite shipment scheduled for late June 2026. 

Final tenders for the dredging of the access channel to the Port du Bois berth have now been received, with works on track to commence in Q1, 2026.

All transhipping tenders have now been received, with the contract scheduled to be awarded in Q1, 2026, keeping the Project timeline firmly on track to allow Canyon to complete the first bauxite shipment in June 2026.

Discussions with Camrail continue to advance and are now well progressed, with the Company targeting an increase in its investment in Camrail from the current 9.1% to approximately 35%. Completion is expected in Q1, 2026, and would enable greater participation in the PQ2 upgrade, further strengthening and de-risking the Company’s mine-to-port logistics strategy.

The Feasibility Study for the proposed value-adding alumina refinery is now approximately 45% complete, advancing Canyon’s downstream value-add strategy and supporting its objective of positioning the Company as an integrated participant in the global aluminium value chain. The Study leverages the cost benefits of operating in Cameroon and the Project’s low-silica, high-grade bauxite, with completion targeted for Q3, 2026.

Key senior operational appointments have been completed, with the recruitment of an experienced Mine Director, who is a mining engineer with over 15 years of experience in Africa and Asia and previously worked in bauxite operations in Guinea, as well as an experienced Port Manager, who is an engineer with over 15 years of port operations experience in Asia and Guinea, with significant bulk tonnage ore shipments, port handling and off-shore transhipping expertise.

Both appointees are scheduled to be in-country in this month, materially strengthening Canyon’s on-the-ground leadership team as the Company transitions from development into operations. These appointments significantly enhance operational readiness across mining and port logistics and support the continued progression of the Minim Martap Bauxite Project toward first production.

At the Annual General Meeting held on the 25^th of November 2025, shareholders approved the ~A$70 million equity raise pursuant to Tranche 2 of the Placement, announced on the 25^th of September to Afriland Bourse & Investissement (‘Afriland’). Refer to ASX announcement dated 25 September 2025 for further details in relation to the Tranche 2 Placement.

Following shareholder approval, the Placement to Afriland is now subject only to approval from the Banque des États de l’Afrique Centrale, the central bank for the Central African Economic and Monetary Community, the Commission de Surveillance du marché financier de l’Afrique Centrale, the market regulator for the Central African Economic and Monetary Community and the Government of Cameroon, which are progressing.

The remainder of Tranche 2 of the equity raise, comprising a placement of A$100M to Eagle Eye Asset Holdings Pte. Ltd (“EEA”) remains subject to shareholder approval and is progressing as planned. Drafting of the documentation required to convene the General Meeting has been completed, and the Company will seek shareholder approval at a General Meeting to be held in early March 2026. Subject to shareholder approval, settlement of this tranche of the Placement, on the previously announced terms, is expected in Q2, 2026.

Commenting on Afriland’s Tranche 2 of the Placement, Afriland stated: “Afriland remains fully supportive of Canyon and the advancement of the Minim Martap Bauxite Project. We continue to work closely with the Company and the relevant authorities to progress the remaining regulatory approvals to raise funds and look forward to supporting Canyon as it moves toward the next phase of project development.”

Commenting on project funding, EEA stated: “Canyon continues to make strong progress across key project milestones, and we are pleased with the momentum being demonstrated as the Company advances toward production. We look forward to further strengthening our partnership with Canyon and reaffirm our commitment to completing the A$100 million Tranche 2 equity funding under the announced terms of the Placement, subject to shareholder approval anticipated in early March 2026.”

Canyon Chief Executive Officer Peter Secker commented: “Following the arrival of the surface miner in Cameroon as well as confirmation of the delivery of the Rolling Stock scheduled in Q1, the key operational milestones continue to be achieved across mining, logistics and infrastructure workstreams. 

“Project readiness continues to be strengthened, with key senior leadership appointments now completed. The Mine Director and Port Manager roles have been filled, with both executives scheduled to be on the ground this month to support the ramp-up to first production.

“Downstream value creation remains a key focus, with the alumina refinery Feasibility Study advancing well and reinforcing Canyon’s long-term, value-add development strategy.

“Discussions with Camrail regarding an increased equity interest are nearing completion and are expected to support greater involvement in critical rail infrastructure upgrades, further de-risking the Company’s mine-to-port logistics pathway. In parallel, documentation for the EEA placement has been completed, with shareholder approval to be sought at a meeting to be scheduled for early March 2026, while Afriland continues constructive engagement with authorities in Cameroon to finalise the remaining approvals.

“Canyon is fully funded through Stage 1 production through a balanced mix of debt and equity, underpinned by strong support from domestic and international investors and key in-country stakeholders, as the Company remains firmly on track toward first production.” 

This announcement has been approved for release by Canyon’s Board of Directors.

Forward-looking statements 

This announcement contains “forward-looking statements” and “forward-looking information”, such as statements and forecasts which include (without limitation) financial forecasts, production targets, industry and trend projections, statements about the feasibility of the Project and its financial outcomes (including pursuant to the DFS), future strategies, results and outlook of Canyon and the opportunities available to Canyon. Often, but not always, forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “is expected”, “is expecting”, “budget”, ‘outlook”, “scheduled”, “target”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. Such information is based on assumptions and judgments of Canyon regarding future events and results. Readers are cautioned that forward-looking statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, targets, performance or achievements of Canyon to be materially different from any future results, targets, performance or achievements expressed or implied by the forward-looking statements and information.

Forward-looking statements and information are not guarantees of future performance and involve known and unknown risks, uncertainties, sensitivities, contingencies, assumptions and other important factors, many of which are beyond the control of Canyon and its directors and management. Past performance is not a guide to future performance. Key risk factors (including as associated with the DFS) are detailed (non-exhaustively) in this announcement or in Canyon’s previous ASX announcements. These and other factors (such as risk factors that are currently unknown) could cause actual results, targets, performance or achievements anticipated (including in the DFS) to differ materially from those expressed in forward-looking statements and information.

Forward-looking statements and information (including Canyon’s belief that it has a reasonable basis to expect it will be able to fund the costs of the Project for its estimated life of mine) are (further to the above) based on the reasonable assumptions, estimates, analysis and opinions of Canyon made in light of its perception of trends, current conditions and expected developments, as well as other factors that Canyon believes to be relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect. Although Canyon believes that the assumptions and expectations reflected in such forward-looking statements and information (including as described throughout this announcement) are reasonable, readers are cautioned that this is not exhaustive of all factors which may impact on the forward-looking statements and information. Canyon does not undertake to update any forward-looking statements or information, except in accordance with applicable securities laws.

Investors should note that there is no certainty that the Project will be feasible and there can be no assurance of whether it will be developed, constructed and commence operations, whether the DFS results will be accurate, whether production targets will be achieved or whether Canyon will be able to raise funding when it is required (nor any certainty as to the form such capital raising may take, such as equity, debt, hybrid and/or other capital raising). It is also possible that such funding may only be available on terms that dilute or otherwise affect the value of Canyon’s shares. It is also possible that Canyon could pursue other ‘value realisation’ strategies such as sale, partial sale, or joint venture of the Project. Risk factors which are set out (non-exhaustively) in this announcement, or in Canyon’s previous ASX announcements, highlight key factors identified by Canyon which may cause actual results to differ from the DFS or may otherwise have material detrimental impacts on Canyon and its business.

Mineral Resources and Ore Reserves

This announcement contains estimates of the Mineral Resources and Ore Reserves estimated for the Project. This information in this announcement that relates to those Mineral Resources and Ore Reserves has been extracted from Canyon’s accompanying ASX announcement entitled “Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite Operation” dated 1 September 2025, a copy of which is available at www.asx.com.au. Canyon confirms that it is not aware of any new information or data that materially affects the information included in that announcement and, in relation to the estimates of Mineral Resources and Ore Reserves, confirms that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. The Competent Person for the Mineral Resources estimate in the announcement was Mr. Rodney Brown and the Competent Persons for the Ore Reserve estimate in the announcement was Mr. Donald Eld.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/a774eb91-6072-4211-99b3-bef65e19f4f4
https://www.globenewswire.com/NewsRoom/AttachmentNg/59b39cb1-8c0e-4504-860f-1e0a2f0fba91
https://www.globenewswire.com/NewsRoom/AttachmentNg/a6efd860-dc49-4f6d-931b-0375a71edc6a
https://www.globenewswire.com/NewsRoom/AttachmentNg/398c01c6-748c-4860-b58f-3936ece3b525
https://www.globenewswire.com/NewsRoom/AttachmentNg/720e92e0-ff05-4192-b0a5-e7a886315edd
https://www.globenewswire.com/NewsRoom/AttachmentNg/e2e5d629-eed9-460f-9ede-2b1c2cd0037c
https://www.globenewswire.com/NewsRoom/AttachmentNg/9253fc9c-5e58-4493-a8c4-c9237c985667
https://www.globenewswire.com/NewsRoom/AttachmentNg/e429bec6-7089-4ef6-bd22-f08f352b09c8

– Published by The MIL Network

MIL OSI

New DHL eCommerce survey reveals gap between AI usage and trust, rising demand for subscription models, as well as openness towards more digital payment options

– Published and distributed with permission of Media-Outreach.com.

Imperans Q2 Report, State of Workplace Drug Use from TDDA

AUCKLAND, New Zealand, 16 July 2026 – Cocaine use is on the rise across New Zealand workplaces. That’s a key finding of the latest Imperans Report, a quarterly analysis of drug use in the workplace prepared by The Drug Detection Agency (TDDA), New Zealand’s largest workplace drug testing provider.

The Imperans report empowers New Zealand employers to engage in proactive workplace risk management, it provides them with an analysis of drug and alcohol usage trends, combining results from across the country.

Growing cocaine use is not the only workplace concern. Among all positive results across New Zealand, compared with year-on-year (YoY) substance detections are as follows.

MIL OSI

MIL OSI

Perth, Western Australia, July 14, 2026 (GLOBE NEWSWIRE) — Perth, Western Australia – July 14, 2026 –

Perth installer Langler Air says households are switching to ducted reverse cycle systems this winter, with state electricity tariffs reset in July and reverse cycle heating among the cheapest options.

Winter heating enquiries across Perth have shifted sharply towards ducted systems since the state’s electricity tariff reset on 1 July, according to Langler Air, an air conditioning installation company based in Balcatta. The standard Synergy home tariff now sits at 32.37 cents per kilowatt hour under pricing confirmed by the Western Australian Government, and heating typically drives the winter peak in household power bills. Interest in the ducted reverse cycle air conditioning Perth households increasingly favour has lifted through autumn and early winter, with many replacing ageing gas heaters and portable electric units before the coldest weeks arrive.

The economics explain the shift. A reverse cycle air conditioner moves heat from the outside air into a home rather than generating it, producing several units of heating for each unit of electricity used. The Australian Government’s YourHome guidance lists reverse cycle systems among the cheapest ways to heat a home. Perth’s mild winters help, since outdoor temperatures rarely fall low enough to push the systems out of their efficient operating range. For a household running resistive electric heaters through July and August, the difference shows up directly on the power bill.

More information is available at https://langlerair.com.au/.

Ducted systems are drawing particular attention. A ducted system heats or cools an entire home through ceiling vents connected to a single central unit, while a split system serves one room at a time. Langler Air installs both, and has published an information guide covering air conditioning installation Perth residents can consult when comparing system types, sizing, and quotes. The company said winter remains the quietest period for installers, which shortens waiting times compared with the summer rush.

Langler Air has operated in the Perth market for more than 30 years and works as a supply-and-install specialist rather than a service business. Mitsubishi Electric recognises the firm as a Diamond Dealer, and it also installs systems from Daikin and Rinnai. Every job starts with an on-site consultation, with the company assessing the space before recommending a system rather than quoting from floor plans alone. Old units are removed and recycled when new systems go in, and the business does not run a maintenance arm, which keeps its calendar clear for installation work.

“The conversation has changed in the past two winters. People used to ask what it costs to install. Now they ask what it costs to run,” said a spokesperson for Langler Air. The spokesperson added that most callers are surprised a reverse cycle system can heat a home for less than the gas or plug-in heaters they already own. “Winter is the practical time to do it. The install calendar is quieter, and the running cost difference shows up from the first cold week.”

The pattern in Perth mirrors a wider national move towards efficient electric heating, with several state programs on the east coast already subsidising reverse cycle upgrades as households look to manage energy costs. Western Australian homeowners are making the same calculation on running costs alone. For older housing stock across the metropolitan area, the deciding factor is often ceiling space and duct design, which is assessed during the initial site visit.

About Langler Air

Langler Air is a Perth air conditioning installation and supply company based at Shop 2, 3 Cressall Road, Balcatta WA, providing ducted, split system, and reverse cycle installations across the Perth metropolitan area.

###

For more information about Langler Air, contact the company here:

Langler Air
Langler Air
08 6404 3888
info@langlerair.com.au
Shop 2, 3 Cressall Road, Balcatta WA, Australia

– Published by The MIL Network

Forrestdale, Western Australia, July 14, 2026 (GLOBE NEWSWIRE) — Forrestdale, Western Australia – July 14, 2026 –

Forrestdale-based Always Electrical says Perth’s commercial and industrial clients are feeling the national electrician shortage most, with mandatory compliance testing and project deadlines colliding with a shrinking pool of licensed trades.

Businesses across Perth are waiting longer for licensed electrical contractors, with Jobs and Skills Australia listing electricians among the occupations in national shortage and industry estimates pointing to more than 32,000 additional electricians needed by 2030. Always Electrical, an electrical contracting company based in Forrestdale in Perth’s south east, says the squeeze lands hardest on commercial and industrial clients, whose compliance deadlines do not move when trades are scarce. Finding a commercial electrician Perth businesses can book without long lead times has become a genuine scheduling problem for facility and site managers, the firm said.

The numbers behind the shortage are not new, but they are getting worse. The Housing Industry Association’s Trades Availability Index recorded Perth among the tightest markets in the country in late 2025, and Western Australia’s mining, energy, and defence projects continue to draw licensed trades away from metropolitan work at premium rates. Firms that once quoted within days are now booking weeks ahead.

More information is available at https://alwayselectrical.com.au/

Commercial work carries the least flexibility. Much of a commercial electrician’s workload is compliance-driven: RCD safety switches must be tested on a fixed schedule, emergency exit lighting has mandated inspection intervals, and portable appliances require regular testing and tagging. A business that misses those dates is liable regardless of how hard it is to find trades. Industrial sites add their own demands, from three-phase power and machinery connections to switchboards and plant lighting across factories, warehouses, and processing facilities.

Always Electrical has operated in Perth since 1984 and holds electrical contractor licence EC2295. The company works across commercial, industrial, and residential construction and maintenance, from fit-outs and scheduled testing for commercial premises to switchboard upgrades and fault-finding in homes. Owner Ron de Vos still runs the business, and the firm has kept its focus on being the electrician Perth businesses and homeowners can reach directly rather than through a national call centre. .

“The shortage is real, but it is not evenly spread. The big projects up north absorb the trades, and metro businesses feel it in their maintenance schedules,” said Ron de Vos, Owner of Always Electrical. He added that compliance work is where delays hurt most, since testing dates for RCDs and emergency lighting are set by regulation rather than convenience. “Nobody rings us about their exit lights until the audit is due. The businesses that book their testing on a cycle never have that panic.”

The pressure is unlikely to ease soon. The electrification of homes, vehicles, and industry is driving demand for electrical work faster than apprentices are completing training, with providers across the country reporting capacity limits. For Perth businesses, the practical response is planning: scheduling compliance testing in advance, bundling maintenance visits, and holding a relationship with a local contractor rather than searching from scratch each time a fault appears.

About Always Electrical

Always Electrical is a Perth electrical contracting company based at Unit 1, 56 Alex Wood Drive, Forrestdale WA 6112, providing commercial, industrial, and residential electrical construction and maintenance across the Perth metropolitan area since 1984.

###

For more information about Always Electrical, contact the company here:

Always Electrical
Always Electrical
08 9399 2071
admin@alwayselectrical.com.au
Unit 1, 56 Alex Wood Drive, Forrestdale WA 6112

– Published by The MIL Network

SINGAPORE – Media OutReach Newswire – 14 July 2026 – Aon plc (NYSE: AON), a leading global professional services firm, has released Asia Pacific (APAC) findings from its 2026 Global Transaction Solutions Claims Study, highlighting the continued evolution of the region’s transaction risk market and emerging claims trends.

The report finds that transaction risk products, including warranty and indemnity (W&I) insurance and standalone tax liability insurance, continue to be a key consideration in Asia dealmaking. Growing underwriting capacity and wider adoption in markets such as India, Singapore and Korea have supported their integration into transaction structuring and risk management.

“As the transaction risk market across the Asia Pacific region continues to evolve, claims outcomes are shaped not only by policy coverage but also by the quality of diligence, financial analysis and post-completion integration,” said Martijn de Lange, managing director of Transaction Solutions in APAC for Aon. “We are seeing greater claims frequency and higher-severity outcomes, particularly in large and cross-border transactions, reinforcing the value of Warranty & Indemnity and tax insurance in protecting deal value. The region is also playing an increasingly important role in shaping global transaction risk trends, with claims experience reinforcing the value of structured insurance solutions in managing evolving deal risks.”

Businesses are seeing these products deliver value when claims arise, reinforcing confidence in their ability to protect deal value. APAC claims trends are now broadly aligned with global experience, with disclosure-related issues, financial statement inaccuracies, compliance breaches and tax-related exposures among the most common sources of loss.

Claims Activity Increases as Market Matures

As adoption has increased over the past decade, APAC has seen a steady rise in claims activity, providing deeper insight into claims frequency, severity and drivers of loss. In North America, according to Aon’s internal claims data as of July 2026, clients recovered over US$1 billion on transaction solutions claims in 2025 with average payouts exceeding US$10 million, and median payments reaching more than US$8.2 million – both record highs. In APAC, Aon secured more than US$26 million in claims over the past three years, including several high-severity claims.

While early claims activity was concentrated in Australia and New Zealand, where W&I insurance product was first adopted, a second wave of growth is emerging across India, South Korea and Southeast Asia.

Standalone tax liability insurance has become a regular feature of transactions in India and is gaining traction across South Korea, Japan, China and Australia. These policies are increasingly used to manage identified tax exposures, including capital gains tax exemptions, withholding taxes and net operating losses. Claims activity is expected to rise further based on current trends and as policy years mature.

High-Value Claims and Long-Tail Risks Shape the Region’s Profile

The study highlights that APAC claims are increasingly characterised by high-severity losses, particularly on large-cap and cross-border deals, with several exceeding US$10 million.

At the same time, tax and regulatory exposures continue to drive some of the region’s largest and most complex claims, often emerging several years after deal completion and contributing to a pronounced long-tail risk profile.

While operational and disclosure-related issues typically arise within the first year post-completion, tax-related claims may be notified more than five years after policy inception, reflecting audit cycles and enforcement timelines across the region.

Disclosure, Financial and Compliance Risks Drive Claims Across Sectors

Across APAC, disclosure issues, financial statement inaccuracies, compliance with laws and tax-related exposures continue to drive claims, consistent with broader global trends. Typical claim scenarios include:

• Undisclosed or misrepresented material contracts and liabilities
• Gaps between reported financials and underlying performance
• Regulatory and licensing non-compliance, particularly in highly regulated sectors
• Tax disputes involving transfer pricing, customs duties and withholding obligations

Sector-Specific Risks Continue to Evolve

The study identifies distinct patterns of loss across key industries:

• Real estate and infrastructure: claims linked to asset condition, environmental liabilities and lease obligations
• Consumer and retail: regulatory scrutiny, customer liabilities and disclosure gaps
• Technology and payments: licensing, certification and contract concentration risks
• Cross-border structures: tax and regulatory exposures on multinational and complex financing arrangements

The findings indicate that W&I and tax insurance are increasingly integrated into transaction planning strategies and risk management strategies, particularly for large and cross-border transactions where traditional seller recourse may be limited.

“As claims experience deepens across Asia Pacific, clients are becoming more confident in pursuing recovery and leveraging these solutions as part of their deal strategy,” said Anita Vivekananda, managing director of Transaction Solutions in APAC for Aon. “At the same time, the growing prevalence of long-tail tax and regulatory exposures is contributing to a more complex risk landscape, making transaction insurance an increasingly important consideration for organizations pursuing growth and investment opportunities.”

About the Report

The 2026 Global Transaction Solutions Claims Study offers insights to help Asian buyers, sellers and advisers better understand emerging claims patterns and the role insurance can play in supporting transaction outcomes over time. The 2026 study reflects continued claims engagement across transaction solutions, with Aon having supported clients on more than 2,000 claims and secured over US$3 billion in recoveries worldwide.

For further details, see the full report 2026 Global Transaction Solutions Claims Study.

Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

The Pacific Ocean is far more than a strategic waterway; it is the foundation of our cultures, identities, livelihoods and futures. It sustains our communities, connects our islands, and underpins our sovereignty and self-determination. Yet today, our ocean is increasingly being treated as a theatre for geopolitical competition, where strategic interests are too often prioritised over the rights, wellbeing and aspirations of Pacific peoples.

The Pacific Regional Non-Governmental Organisations (PRNGO) Alliance unequivocally condemns the recent test of a nuclear-capable intercontinental ballistic missile (ICBM) by the People’s Republic of China across the Pacific Ocean.

We oppose all forms of militarisation and nuclear threats in the Pacific, irrespective of which state is responsible. We cannot condemn missile tests, military build-ups and strategic military expansion undertaken by one power, while remaining silent when comparable actions are undertaken by another.

We equally oppose the recent Chinese ICBM test, and the continued testing of Minuteman III ICBMs by the United States over the Pacific, alongside the expansion of military alliances and strategic military partnerships, including AUKUS, large-scale military exercises such as the Rim of the Pacific Exercise (RIMPAC), Valiant Shield, Talisman Sabre, and the continued expansion of foreign military presence and infrastructure across our Blue Pacific.

For Pacific peoples, this is not an abstract geopolitical contest. It is our home.

At a time when the region commemorates some of the darkest chapters in the Pacific’s nuclear history, the continued militarisation of our ocean is a stark reminder that the lessons of the past remain unlearned.

A painful reminder during a month of remembrance

The timing is particularly significant given the major nuclear anniversaries commemorated across the Pacific this month, including the 80th anniversary of Operation Crossroads, when the United States began detonating nuclear weapons at Bikini Atoll in the Marshall Islands; the 60th anniversary of France’s first nuclear detonation at Moruroa Atoll in Ma’ohi Nui (French Polynesia); the 41st anniversary of the bombing of the Rainbow Warrior in an act of French state terrorism intended to silence opposition to nuclear testing in the Pacific; and the ninth anniversary of the adoption of the Treaty on the Prohibition of Nuclear Weapons (TPNW).

For many outside the region, these anniversaries are history, but for Pacific peoples, they remain a lived memory. These anniversaries are more than moments of remembrance. They are also reminders that today’s security challenges cannot be separated from the unresolved legacies of nuclear colonialism, and that the pursuit of genuine peace in the Pacific must begin with acknowledging, addressing and learning from this shared history.

Another missile crossing our ocean cannot be separated from that history. Nor can it be separated from the continued use of the Pacific as a missile testing-corridor, including the regular testing of United States Minuteman III ICBMs towards Kwajalein Atoll in the Marshall Islands. The Treaty of Rarotonga, the Nuclear Free and Independent Pacific movement, and today’s aspiration for an Ocean of Peace were all born from a shared determination that our region should never again become a testing ground for the strategic ambitions of others.

Militarisation is not peace

The Pacific has repeatedly declared its vision of becoming an Ocean of Peace. That vision is not simply the absence of armed conflict, but a Pacific understanding of security founded on justice, sovereignty, self-determination, environmental stewardship and the wellbeing of our peoples.

The recent missile test by China is not an isolated incident. It forms part of a broader pattern of escalating militarisation across our region that includes expanding defence agreements, increasing foreign military deployments, large-scale military exercises such as RIMPAC, Valiant Shield and Talisman Sabre, strategic infrastructure development, and growing geopolitical competition among external powers.

The PRNGO Alliance rejects the notion that military deterrence delivers peace. Escalating military competition is fundamentally inconsistent with the Pacific’s aspiration for an Ocean of Peace.

The Treaty of Rarotonga remains our regional foundation

As the Treaty of Rarotonga approaches its 40th anniversary, Pacific governments should reaffirm and strengthen one of the region’s most enduring commitments to peace and security. Born out of decades of Pacific resistance to nuclear detonations and nuclear colonialism, it declares our region as one of the world’s first nuclear-weapon-free zones and affirms the Pacific’s determination that our region would never again become a nuclear sacrifice zone.

Our call to Pacific Leaders

The PRNGO Alliance’s position is grounded not in the strategic interests of competing powers, but in decades of Pacific regional leadership and civil society advocacy. From the Nuclear Free and Independent Pacific movement and the Treaty of Rarotonga to the Boe Declaration, the 2050 Strategy for the Blue Pacific Continent and the collective positions advanced by Pacific civil society, Pacific peoples have consistently articulated a vision of security founded on justice, sovereignty, self-determination, environmental stewardship, and demilitarisation. Recent events reinforce the urgency of translating those longstanding regional commitments into consistent political action.

The PRNGO Alliance therefore calls upon Pacific Leaders to:

Unequivocally condemn all missile tests conducted in or across the Pacific Ocean, regardless of whether they are undertaken by China, the United States or any other military power.

Reject the continued militarisation of the Blue Pacific, including expanding military alliances, foreign military basing, strategic deployments, nuclear deterrence policies and large-scale military exercises such as RIMPAC.

Reaffirm and strengthen the Treaty of Rarotonga as the cornerstone of Pacific regional security and fully implement its objectives.

Ensure that any future Ocean of Peace framework is genuinely Pacific-led, centred on human security, environmental protection, Indigenous rights, decolonisation and demilitarisation – not great-power strategic competition.

Support the universalisation of the Treaty on the Prohibition of Nuclear Weapons, including urging Australia and all Pacific partners that remain outside the Treaty to sign and ratify it.

Recognise that true regional security requires addressing climate change, ecological degradation, economic inequality and the unfinished business of nuclear justice, rather than expanding military competition.

Ensure that the future of Pacific security is determined by Pacific peoples, through Pacific institutions, and according to Pacific priorities. Build on an Ocean of Peace founded on human security, regional solidarity and environmental stewardship, and respect for Pacific sovereignty, not on the strategic calculations of external powers.

The Pacific has already paid the price of being treated as a testing ground, a military frontier, and a dumping ground for other nations’ ambitions.

The Pacific Ocean is not a theatre for great-power rivalry. It is our home. It is the foundation of our cultures, identities, livelihoods and futures.

If the Blue Pacific is to become a genuine Ocean of Peace, then militarisation must give way to justice, cooperation, and Pacific-led security founded on sovereignty, self-determination and the wellbeing of our peoples.

This statement is issued by the Pacific Regional Non-Governmental Organisations (PRNGO) Alliance and, at the time of publication, is endorsed by:

• Pacific Conference of Churches (PCC)
• Pacific Islands Association of Non-Governmental Organisations (PIANGO)
• Pacific Islands Climate Action Network (PICAN)
• Pacific Network on Globalisation (PANG)
• Oxfam in the Pacific.

MIL OSI

PERTH, Australia , July 12, 2026 (GLOBE NEWSWIRE) — Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“Paladin” or the “Company”) advises that it will release its quarterly results for the period ended 30 June 2026 on the ASX platform on Wednesday, 22 July 2026. The announcement will also be available on the SEDAR+ platform.

The Company will hold a conference call on Wednesday, 22 July 2026, at 11.00am AEST¹ (Tuesday, 21 July 2026, at 9.00pm EDT²). To participate in the live teleconference, please register at the link below:

Paladin June 2026 Quarterly Results Conference Call

Please note it is recommended to log on at least five minutes before the scheduled commencement time to ensure you are registered in time for the start of the call.

A recording of the call will be available on Paladin’s website shortly after its conclusion.

This announcement has been authorised for release by the Company Secretary.

Contacts

¹ AEST: Australian Eastern Standard Time (Sydney time)
² EDT: Eastern Daylight Time (Toronto time)

– Published by The MIL Network