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Trump’s Greenland push drives Danish prime minister to call early election

Denmark will head to the polls March 24 after Prime Minister Mette Frederiksen called a snap parliamentary election, a move widely viewed as an attempt to consolidate rising public support tied to her handling of tensions with President Donald Trump over Greenland.

Frederiksen announced the early vote Wednesday, arguing Denmark needs political clarity at a time of mounting geopolitical pressure. According to Reuters, she said the country faces ‘a serious foreign policy situation,’ adding voters should have a say in how Denmark navigates it.

Her center-left Social Democratic government has seen a lift in opinion polls in recent weeks after taking a firm stance that Greenland is not for sale and that Danish sovereignty is non-negotiable. 

The dispute with Washington has reshaped the domestic political conversation, pushing Arctic security and national sovereignty to the forefront of Danish politics.

Frederiksen, who has led Denmark since mid-2019, has spent much of the past year managing the fallout from Trump’s renewed push to acquire Greenland, the vast Arctic island that is an autonomous territory within the Kingdom of Denmark. Tensions escalated sharply last month when Trump threatened to impose new tariffs on Denmark and several other European Union countries.

Trump has argued that the United States needs control of the North Atlantic island for national security reasons, citing increased activity by Russia and China in the Arctic. The region has grown in strategic importance as melting ice opens shipping routes and access to natural resources, intensifying competition among major powers.

The standoff appeared to ease after Trump announced that a framework agreement to strengthen Arctic security had been reached in talks with NATO Secretary General Mark Rutte on the sidelines of the World Economic Forum in Davos. After that announcement, U.S., Danish and Greenlandic officials began technical discussions on implementing the arrangement, focusing on security coordination rather than any change in sovereignty.

Throughout the crisis, Frederiksen and other senior Danish officials repeatedly emphasized that Greenland’s status is not up for negotiation. Speaking at the Munich Security Conference earlier in February, Frederiksen cautioned that she did not believe the crisis had fully passed and suggested Washington could still harbor ambitions to annex the island.

According to The Guardian, Danish commentators have described the prime minister’s polling boost as a ‘Greenland bounce,’ reflecting growing domestic approval of her firm posture toward Washington.

Frederiksen’s decision to call early elections appears aimed at converting that surge into a renewed mandate. Denmark’s next general election had not been scheduled until later this year, but the prime minister argued that the current security climate justifies seeking fresh voter backing.

Greenland, home to roughly 56,000 people, has long been strategically significant due to its location between North America and Europe. The United States maintains a military presence there at Pituffik Space Base, formerly known as Thule Air Base. Any suggestion of U.S. acquisition has historically been sensitive in both Copenhagen and Nuuk, Greenland’s capital.

Euronews reported that Frederiksen’s government has stressed cooperation with allies while firmly rejecting any negotiations over Greenland’s sovereignty. European leaders have signaled support for Denmark, reinforcing the view that Arctic stability is increasingly central to NATO and EU planning.

Opposition parties have criticized the timing of the snap election, arguing that Frederiksen is seeking a political advantage during a moment of heightened nationalism. Others, however, have largely backed the government’s line on Greenland, suggesting that the sovereignty issue may transcend traditional party divides.

The March 24 vote will determine whether Frederiksen can strengthen her coalition or voters shift the parliamentary balance. It will also serve as a broader test of how Danes believe their country should manage its relationship with Washington as Arctic security becomes a defining issue of global competition.

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Pakistan declares ‘open war’ on Afghanistan in response to Taliban’s retaliatory strikes

Pakistan’s defense minister declared an ‘open war’ with Afghanistan on Friday after the two sides exchanged heavy fire along their shared border on Thursday, according to multiple reports.

Defense Minister Khawaja Mohammad Asif said in a post on X that Pakistan had hoped the Taliban would bring stability after NATO’s withdrawal, but instead accused the group of turning Afghanistan ‘into a colony of India’ and ‘exporting terrorism.’

‘Our patience has now run out. Now it is open war between us,’ he said.

The clashes came after the Taliban said it launched retaliatory strikes on Pakistani military positions, while Islamabad said it was responding to unprovoked fire in the area.

Reuters reported that both forces clashed for more than two hours along their roughly 2,600-kilometer (1,615-mile) border, threatening a ceasefire that had been agreed to in 2025 after fighting.

Thursday’s flare-up came after Pakistani forces carried out airstrikes inside Afghanistan earlier this week, with Taliban officials saying the strikes killed at least 18 people, Reuters reported Feb. 24.

Pakistan said it targeted militant hideouts and rejected claims that civilians were targeted.

The Taliban described an ‘extensive’ military operation against Pakistani army positions in response to the strikes.

‘In response to repeated provocations, extensive preemptive operations have been launched against Pakistani military positions along the Durand Line,’ Taliban spokesperson Zabihullah Mujahid wrote on X.

 In a separate statement, he said ‘specialized laser units’ were operating at night.

Taliban military spokesman Mawlawi Wahidullah Mohammadi also said in a video shared with Reuters that the ‘retaliatory operation’ began Thursday evening.

Mujahid said ‘numerous’ Pakistani soldiers had been killed and some were also captured. Reuters said it could not independently verify those claims.

In another post on X, Mujahid said, ‘The cowardly Pakistani army has bombed some places in Kabul, Kandahar, and Paktia. Praise be to God, no one was harmed.’  

Pakistan has since rejected the Taliban’s account. 

The Ministry of Information and Broadcasting said on X that the Afghanistan Taliban’s ‘unprovoked action along the Pakistan-Afghanistan border’ was given an ‘immediate and effective response.’

The ministry said Taliban forces had ‘miscalculated and opened unprovoked fire on multiple locations’ along the border in Khyber Pakhtunkhwa province.

The post said the fire was being met with an ‘immediate and effective response by Pakistan’s security forces.’

‘Early reports confirm heavy casualties on the Afghan side with multiple posts and equipment destroyed,’ the ministry said. 

‘Pakistan will take all necessary measures to ensure its territorial integrity and the safety and security of its citizens.’

Pakistani security sources also told Reuters that 22 Taliban personnel had been killed, and several quadcopters were shot down.

The fighting follows Pakistan’s accusations that the Taliban is sheltering TTP militants behind a surge in violence and suicide attacks. 

The Afghan Taliban denies the claim. A day before February’s strikes, Pakistani officials said they had ‘irrefutable evidence’ that militants were launching attacks from Afghan soil, Reuters reported.

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Kennedy warns ayatollah wants to ‘drink our blood out of a boot’ as Iran tensions escalate

A Senate Republican warned Thursday that Ayatollah Ali Khamenei’s primary focus is shedding American blood as U.S.-Iran relations continue to simmer. 

‘The ayatollah not only thinks that I’m going to hell because I don’t agree with his religion — he wants to kill me,’ Sen. John Kennedy, R-La., said on the Senate floor Thursday.

‘He wants to kill Americans and the Israelis and anybody who does not believe in his jihad and drink our blood out of a boot,’ Kennedy continued. ‘And he’s acted on that, and that’s not acceptable.’

Kennedy’s message comes as tensions with Iran are escalating. At the core of the issue is Iran’s capability and Khamenei’s desire to build a nuclear weapon.

President Donald Trump gave the country’s leadership roughly 10 to 15 days to reach a nuclear agreement and warned that the inability to strike a deal could lead to U.S. military action in the region.

He renewed that edict during his State of the Union address earlier this week.

‘I will never allow the world’s number one sponsor of terror … to have a nuclear weapon,’ Trump said.

Kennedy cautioned that if the Trump administration were to broker a deal, it would need to have guardrails.

‘If we make a deal with Iran, let’s make sure we have a protocol to enforce it because, in my experience in watching the Ayatollah through the years, I wouldn’t trust this man if he was three days dead,’ he said.

Lawmakers are wrestling with the exact nature of what a strike could look like and whether Congress should weigh in before Trump makes a decision.

Senators Tim Kaine, D-Va., and Rand Paul, R-Ky., expect that their Iran war powers resolution will hit the Senate floor next week, which would curb Trump’s ability to strike the country without Congress’ approval.

Senate Majority Leader John Thune, R-S.D., said the most important aspect of the Iran negotiations was ‘to prevent them from having nuclear capability.’

‘But there are also other threats that they represent in the region, and we have a big presence in that region, as you know. So, I think they’re looking at and working through what the options might be,’ Thune said. 

‘In my view, if you’re going to do something there, you better well make it about getting new leadership and regime change.’

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Flow Metals

Investor Insight

Flow Metals offers high-leverage exposure to gold and copper discoveries in Canada’s most prolific mining jurisdictions. The fully permitted and drill ready projects are part of a strategic expansion into Tier 1-scale targets in the Yukon’s iconic Dawson Mining District.

Overview

Flow Metals (CSE:FWM) is a mining exploration company with assets in established mining districts in Canada. It holds 100 percent ownership in 3 projects, including the Sixtymile gold project, recently optioned the Monster iron-oxide-copper-gold project in Yukon and the New Brenda project in the copper-rich British Columbia Quesnel terrane.

The company’s primary strategy focuses on developing projects with robust comparables demonstrating proven paths to success, significantly reducing exploration costs and logistical barriers. By applying modern structural interpretations and high-resolution geophysics to underexplored assets, Flow Metals aims to identify the bedrock sources of some of Canada’s most storied placer gold and copper-rich districts.

The company is led by a management and technical team with extensive experience in the Yukon and British Columbia, including a history of successful project divestment, such as the sale of the Wels Gold project. This track record is supported by strong local relationships, including a 10-year permit achieved through collaborative engagement with the Yukon Government and the Tr’ondëk Hwëch’in First Nation. Flow Metals remains focused on creating shareholder value through a lean corporate structure and aggressive, permit-ready exploration programs.

Company Highlights

  • Discovery-Driven Strategy: Modern geological reinterpretation at Sixtymile has identified a 9-kilometre thrust fault corridor and a fold-controlled orogenic model, narrowing targets for high-grade lode gold sources.
  • Strategic Mining Jurisdictions: Focus on high-potential, road-accessible gold and copper projects in the Yukon’s Tintina Gold Belt and British Columbia’s Quesnel Terrane.
  • Tier-1 Exploration Upside: Recently optioned the Monster Project in the Yukon, a discovery-stage IOCG (iron oxide-copper-gold) target with surface samples grading up to 22.3 percent copper and 9.6 percent cobalt.
  • 10-Year Exploration Permit: Newly secured Class 3 permit at the flagship Sixtymile Gold Project, authorizing up to 100 drill holes annually and enabling long-term systematic exploration.
  • Low Overhead, High Ground Impact: Projects feature existing infrastructure, including road access and local placer mining equipment, ensuring exploration budgets are directed primarily into the ground.
  • Highly-experienced management team: Chairman Don Sheldon has over 30 years of experience working with issuers, while Director Scott Sheldon brings exploration expertise, credited with the Wels Gold discovery in Yukon and the HSP nickel-copper sulphide project in Quebec.

Key Projects

Sixtymile Gold Project

Flow Metals’ flagship Sixtymile gold project is located approximately two hours west of Dawson City, Yukon. It is situated about 20 minutes from the Top of the World Highway and is road accessible.

The company has held ownership of the project since 2018, with a recent 10-year drilling permit from the Yukon government received in late 2025. The permit allows annual drilling of a maximum of 100 holes within the period, alongside five kilometers of trenching and road upgrades.

Historically, Sixtymile’s four gold-bearing creeks have collectively produced more than 200,000 ounces of placer gold since the Yukon gold rush of the late 19th century.

Technical updates in 2026 confirmed a fold‑controlled orogenic gold model, with gold‑bearing quartz veins concentrated in antiformal fold geometries, providing a refined structural framework for drill targeting.

New Brenda Project

The New Brenda Project covers a 51.3‑square‑kilometer land package in southern British Columbia’s prolific Quesnel Terrane, one of Canada’s most productive copper‑gold districts. Strategically situated between the past‑producing Brenda Mine and the active Elk Mine, the project benefits from direct road access and proximity to established infrastructure, reducing exploration risk and costs.

The Quesnel Terrane hosts a number of porphyry copper-gold with silver and or molybdenum deposits and mineral prospects. New Brenda’s Xenolith Porphyry (XP) target benefits from this scale, with two major anomalous zones outlined: one stretching an impressive 2,000 meters across, and another spanning more than 1,000 meters with elevated copper, molybdenum, silver and arsenic values. Highly anomalous copper samples were discovered 780 meters to the southeast, expanding the mineralized footprint and hinting at a much larger system waiting to be tested.

The 2025 exploration program reinforced this potential. Test samples, including drill core collected roughly 80 meters northeast of the N1 showing, returned consistently elevated molybdenum values ranging from 2.2 to 7.4 ppm. These results, combined with kilometer‑scale anomalies, suggest a robust porphyry system with multiple mineralized centers.

Monster IOCG project

Located approximately 90 kilometers north of Dawson City, the Monster IOCG project was acquired by Flow Metals from Go Metals as part of its goal to build a premier exploration portfolio.

The project is at the discovery stage, with surface sampling already returning high‑grade copper and cobalt mineralization. Grab samples have returned results up to 22.3 percent copper and 9.6 percent cobalt. To date, 45 grab samples across the project met the strongly mineralized threshold. Three priority targets have been identified namely Bloom, Arena, and Beast, each ranging between 1,300 and 3,500 meters in width.

Flow Metals believes that the acquisition represents a Tier 1–scale opportunity and positions it with meaningful exposure to both gold and copper, reinforcing its belief in Yukon’s “exceptional mineral potential”.

Management Team

Don Sheldon, MBA – Chairman

Bringing over 30 years of experience working with reporting issuers, Sheldon has had an extensive career managing and raising capital for junior resource companies. He has also held positions with Range Oil & Gas, Shoal Point Energy, Castle Rock Minerals, and Pure Gold.

Brian Murray – Director

Murray has worked as a Chartered Professional Accountant in Ontario since 1973. He has worked with reporting issuers for more than 20 years and is also CFO and a Director with Sea Green Capital Inc. From January 2008 to date, Murray has also served as President and Director of Nebu Resources Corp., a TSXV-listed company engaged in the acquisition, exploration and development of mineral properties in Canada.

Harley Slade – Director

A professional geologist who joined Flow Metals in 2018, Slade has since provided his geological expertise for the company’s exploration efforts, including programs for the Sixtymile and New Brenda projects. He is also currently the President of Caveman Exploration.

Scott Sheldon – Director

Scott Sheldon’s first work with junior exploration dates back to the early 1990s. He later became a provider of web services and campaign management to various junior miners in Vancouver. He holds strong exploration knowledge in Canadian mining districts as President of Go Metals Corp., the company responsible for the Wels Gold discovery south of the Yukon White Gold district and the HSP nickel-copper sulphide project in Quebec.

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Uranium American Resources

Uranium American Resources Inc. is a mining company. The Company maintains mining leases on properties in Nevada. The Company is engaged in mining activities in the mineable resource of gold and silver remains in the Comstock Mining District. Its Comstock project is located in northwestern Nevada, approximately 40 kilometers southeast of Reno. The Company has three mineralized structures: The Comstock Lode, The Occidental/Brunswick Lode and The Silver City Spur. The Comstock Lode is an epithermal gold and silver deposit in a large fault system at the eastern base of the Virginia Range. The Occidental/Brunswick Lode is a gold and silver mineralized epithermal system in approximately 1.5 kilometers east of the main Comstock Lode and running parallel to it. The Silver City Spur is a branch of the Comstock Lode that runs southeast and connects with the southwestern splays of the Occidental Lode.

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ThreeD Capital Inc. Announces Update To Its YouTube Channel

ThreeD Capital Inc. (‘ThreeD’ or the ‘Company’) (CSE:IDK OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is excited to announce additional YouTube interviews with certain portfolio companies of ThreeD.

Already uploaded on ThreeD’s YouTube channel are several recent interviews with companies such as AI/ML Innovation Inc. (CSE: AIML), Neurable Inc., Hypercycle, and TODAQ Micro Inc,. to name a few.

In the coming weeks ThreeD plans to complete additional interviews with portfolio companies, including with Forte Minerals Corp. (‘Forte Minerals’) (CSE: CUAU,OTC:FOMNF). Forte Minerals is a Canadian exploration company with copper and gold assets in Peru. Forte Minerals recently provided updates on its operations referenced in its press release dated November 26, 2025 and its press release dated February 24, 2026.

The companies noted above do not represent all of ThreeD’s portfolio holdings. The holdings of securities of investees by ThreeD are managed for investment purposes. ThreeD could increase or decrease its investments in these companies at any time, or continue to maintain its current position, depending on market conditions or any other relevant factor.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:

Jakson Inwentash
Vice President Investments
jinwentash@threedcap.com
Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements. Often, but not always, these forward looking statements can be identified by the use of words such as ‘estimate’, ‘estimates’, ‘estimated’, ‘believes’, ‘hopes’, ‘potential’, ‘open’, ‘future’, ‘assumed’, ‘projected’, ‘used’, ‘detailed’, ‘has been’, ‘gain’, ‘upgraded’, ‘offset’, ‘limited’, ‘contained’, ‘reflecting’, ‘containing’, ‘remaining’, ‘to be’, ‘periodically’, or statements that events, ‘could’ or ‘should’ occur or be achieved and similar expressions, including negative variations.

Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, risks relating to the prospectivity of the Company’s investments, determinations of the Company to increase or decrease its investment in any given investee from time to time, and such risks detailed from time to time in the Company’s filings with securities regulators and available under the Company’s profile on SEDAR at www.sedarplus.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.

News Provided by GlobeNewswire via QuoteMedia

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Prismo Metals to Advance Hot Breccia Toward Drilling Through Strategic Transaction

(TheNewswire)

Secures Equity, Cash, and Ongoing Upside Exposure

Vancouver, British Columbia, February 26th, 2025 TheNewswire – Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that it has entered into a definitive  assignment agreement (the ‘Agreement’) with Blade Resources Inc. (‘Blade’) pursuant to which Prismo has agreed to assign all of its rights, interests and obligations in the Hot Breccia copper project, located  in the heart of the Arizona copper belt (the ‘Transaction’), to Blade. The Transaction is expected to close on or about March 2, 2026, or such other date as the Company and Blade may agree.

In consideration for the Transaction, Prismo will be issued 6,755,000 common shares of Blade and will receive a cash payment of $185,000. Following completion of the Transaction, Prismo will own approximately 24% of Blade’s issued and outstanding shares and will be Blade’s largest single shareholder (see additional early warning disclosure below).

Alain Lambert, CEO of Prismo, commented: ‘In our opinion, Hot Breccia is one of the best copper exploration opportunities in North America. Since optioning the project in January 2023, we have remained committed to advancing it toward drilling. After carefully evaluating our options – including funding a drill program internally, partnering with a major, or joining forces with like-minded explorers – we have concluded that the best way forward for Prismo is the latter hence this partnership with Blade.’ He added: ‘The principals and financial backers of Blade have a long history and strong track record in raising significant capital for exploration programs of the scale required at Hot Breccia.’

Strategic Rationale

The Transaction provides several strategic benefits:

Value Creation: Prismo is leveraging its investments in Hot Breccia into a significant stake in a company dedicated to advancing the Hot Breccia project.

Access to Capital with Limited Dilution: The structure provides enhanced access to capital for the Hot Breccia drill program through Blade, without direct dilution to Prismo shareholders.

Strategic Focus: Prismo will focus on advancing its remaining Arizona projects — Silver King and Ripsey Gold — while Blade dedicates its efforts to advancing Hot Breccia.

Enhanced Attractiveness to Strategic Partners: With the potential for 100% ownership of Hot Breccia, Blade will be in a better position to possibly attract majors or strategic buyers.

Prismo’s Investment in Blade

Regarding Prismo’s investment in Blade, Mr. Lambert said: ‘We see several potential pathways for our investment: holding it long term, monetizing a portion to fund other projects, distributing shares to our shareholders, or a combination of these last two approaches. At this time, we are entering this transaction with a long-term perspective. Successful development at Hot Breccia would have meaningful implications for shareholder value.’

Additional Prismo Rights under the Transaction

Under the terms of the Transaction:

  • Prismo has the right to nominate one representative to Blade’s board of directors. The Company has not yet determined its initial nominee. 

  • Blade has granted Prismo participation rights in future equity offerings, allowing Prismo to subscribe for shares on substantially the same terms as other investors in order to maintain its undiluted ownership percentage in Blade. 

Dr. Linus Keating, manager of Walnut Mines LLC, the underlying landowner of Hot Breccia enthusiastically commented: ‘Walnut Mines strongly supports any initiative that advances Hot Breccia toward a serious drill program. We are optimistic that this transaction will help achieve that objective in 2026. In our view, this property continues to represent an excellent copper exploration opportunity in North America.‘

Early Warning Disclosure

This news release is issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Prior to the Transaction, Prismo did not own any common shares of Blade. The common shares of Blade will be acquired by Prismo for a total consideration of $2,364,250 and will be acquired for investment purposes with a view to Blade’s potential listing on a Canadian stock exchange.

Except as described in this news release, Prismo has no present plans or intentions that relate to or would result in any of the matters enumerated in paragraphs (a) through (k) of Item 5 of Form 62-103F1.

Prismo will file an early warning report in accordance with applicable securities laws, which will be available under Blade’s profile on SEDAR+ at www.sedarplus.ca . A copy of the early warning report may be obtained by contacting Gordon Aldcorn at the contact details below.

About the Hot Breccia Project

The Hot Breccia project lies at the heart of the Arizona Copper Belt, which hosts several globally significant porphyry copper deposits.  Examples of these significant deposits are Freeport McMoRan’s Miami-Inspiration mining complex, BHP’s San Manuel mine, Rio Tinto and BHP’s Resolution deposit and others (see Figure 1).  

Figure 1. Location of the Hot Breccia Project in the Arizona Copper Belt.

Note that the Company and its qualified person have not been able to independently verify the information on these producing mines, and that the information is not necessarily indicative of the mineralization on the Hot Breccia project.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF, OTCQB: PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

About Blade Resources Inc.

Blade Resources is a private mining exploration company focused on development of North American copper and precious metals projects.

Please follow @PrismoMetals on , , , Instagram, and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6  Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information relates to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates‘, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the anticipated closing and closing date of the Transaction; the strategic rationale and potential upside of the transaction with Blade,  the future development of the Hot Breccia project and Blade’s ability of Blade to successfully implement its strategic and business objectives, including potentially attracting majors or strategic buyers; and the ability of Prismo to fund its exploration activities on its other projects.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: that the Transaction may not close as anticipated, or at all; delays incurred by Blade in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia; the inability of Blade to successfully acquire a 100% interest on the Hot Breccia project; delays incurred by the Company in obtaining or failure to obtain appropriate funding to finance exploration programs for its other projects; the risk that mineralization will not be as anticipated at the Hot Breccia project or at the Company’s other projects; metal prices; market uncertainty; and other risks and uncertainties application to exploration activities and the Company’s business as set forth in the Company’s disclosure documents available for viewing under the Company’s profile on SEDAR+ at www.sedarplus.com.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the timeline for closing the Transaction will be as anticipated; the Transaction will close; the ability to raise capital to fund exploration programs at Hot Breccia or on the Company’s other projects, and the timing of such exploration programs; the ability of Blade to complete the option to acquire a 100% interest in the Hot Breccia project and to successfully carry out its business and strategic objectives following completion of the transaction; and that the Hot Breccia project and the Company’s other projects will have the anticipated mineralization and other qualities.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

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