Month: 2026-05

MANILA, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - The Philippines’ energy market comes together once again as Solar & Storage Live Philippines 2026 returns to Manila’s SMX Convention Center on 19-20 May 2026. As the country’s largest clean energy event, this free-to-attend exhibition and conference will welcome over 18,000 energy professionals, alongside 350+ sponsors and exhibitors and 150+ speakers across the solar, energy storage, and wider power ecosystem.Over the past decade plus, Solar & Storage Live Philippines has grown into the central annual meeting point for the Philippines’ solar and energy storage industry, bringing together developers, EPCs, installers, utilities, large energy users, policymakers, investors solution providers and more under one roof. As the Philippines accelerates solar deployment, the 2026 edition provides a timely platform to connect supply with demand, ideas with execution and policy with real-world projects.The event is supported by leading industry organizations across the energy sector, including ASIP, CREST, ENPAP 4.0, IIEE, IPPF, PSSEA, The CentRE, UPEEP, and many more, ensuring strong representation across the ecosystem.Paul Clark, Managing Director of Terrapinn Pte Ltd, shared: “The response to this year’s Solar & Storage Live Philippines has been incredible. There’s more interest in ever before on the opportunities in the Filipino market and there’s no better place to explore how you can be a part of it. Thousands of registrations are pouring in from across the industry, all joining us at the premier marketplace for solar and energy storage solutions in the Philippines. The importance of energy security is front-of-mind for experts across the world right now – and we’re delighted that Solar & Storage Live Philippines can help contribute to that debate. Join us in Manila and make in-person connections that can change the game – it’s going to be our biggest and best yet!”What to expect at Solar & Storage Live Philippines 2026:350+ sponsors and exhibitors, showcasing the latest technologies across PV modules, inverters, battery energy storage systems (BESS), mounting structures, components, and smart energy solutions.150+ expert speakers, featuring leaders from organizations including TransCo, Meralco, AboitizPower, TotalEnergies and many more, across multiple conference tracks covering Large Scale Solar, C&I Rooftop Solar, Energy Storage & Batteries, Residential Rooftop Solar, EVs & EV Infrastructure, Rural Electrification, and Future Energy.C&I solar and energy storage deployment case studies, exploring how businesses are unlocking ROI through onsite solar, hybrid systems, and energy storage.Utility-scale solar & grid integration insights, examining how large-scale solar and storage projects are financed, built, and integrated to meet growing energy demand.Expert-led workshops, giving practical knowledge on system design, BESS integration, installation best practices, safety standards, and troubleshooting at the Solar Installer University.Solar & Storage Live Philippines 2026 continues to play a critical role in supporting the country’s energy ambitions by providing a platform where business, policy, and technology converge.Whether sourcing new solutions, exploring partnerships, or gaining insights into market developments, the event remains a must-attend for anyone involved in the Philippines’ solar and energy storage market.For more information and to register for the event, please visit: https://www.terrapinn.com/SSLPH-ACN-PRAbout Solar & Storage Live PhilippinesSolar & Storage Live Philippines is the leading event dedicated to advancing the adoption of solar and energy storage technologies in the Philippines. Organized annually, the event brings together industry stakeholders, policymakers, investors, and innovators to exchange ideas, share best practices, and drive collaboration towards a sustainable energy future.About TerrapinnTerrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change.Terrapinn – spark something. https://www.terrapinn.com/Press attendance is complimentary. Enquiries should be directed to:Judith SohMarketing ManagerTerrapinn Pte LtdJudith.Soh@terrapinn.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Toronto, Ontario, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce that it has entered into an agreement with ATB Cormark Capital Markets to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the "Underwriters") in connection with a "bought deal" private placement of 14,493,000 Class A common shares of the Company that will each qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "FT Shares"), at a price of $1.38 per FT Share, for gross proceeds of $20,000,340 (the "Offering").In addition, the Company will grant the Underwriters an option (the "Option") to increase the size of the Offering by up to an additional $3,000,120, on the same terms and conditions as the Offering, by giving written notice of the exercise of the Option, or a part thereof, to the Company at any time up to 48 hours prior to Closing Date (as defined below). In the event the Option is fully exercised, the maximum gross proceeds raised under the Offering will be C$23,000,460.The Company will use an amount equal to the gross proceeds from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act (Canada) (the "Tax Act"), to further exploration and development of the O'Brien Gold Project, including deep drilling beyond the scope of the current program, which expenses will be (or deemed to be) eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as both terms are defined in the Tax Act) (the "Qualifying Expenditures"), on or before December 31, 2027, and to renounce all such Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2026. In the event the Company is unable to renounce Qualifying Expenditures effective on or prior to December 31, 2026 for each FT Share purchased in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares, the Company will indemnify each FT Share subscriber, as applicable, for the additional taxes payable by such subscriber as a result of the Company's failure to renounce the Qualifying Expenditures as agreed.In consideration for the services provided to the Company in connection with the Offering, the Underwriters will be entitled to receive a cash commission equal to 6% of the aggregate gross proceeds of the Offering other than with respect to sales to purchasers on the President's List, if any, for which the Underwriters will receive a cash fee of 3% (the "Cash Commission"). For the avoidance of doubt, the Cash Commission will not be paid from the gross proceeds of the Offering and will be paid by the Company with existing cash on hand.The Offering is expected to close on or about May 28, 2026 (the "Closing Date"), or such other date as the Company and the Underwriters may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the conditional approval of the TSX Venture Exchange.The Company understands that the initial subscribers of the FT Shares may subsequently choose to (i) donate such FT Shares to registered charities, who may in turn choose to sell such FT Shares to purchasers arranged by the Underwriters (the "Re-Offered Shares"); or (ii) sell such FT Shares to purchasers arranged by the Underwriters. The Company will not be a party to any such arrangements. The Re-Offered Shares will not be subject to a hold period pursuant to applicable Canadian securities laws.Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the FT Shares will be offered for sale to purchasers resident in all provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The FT Shares acquired under the Offering by purchasers resident in Canada under the Listed Issuer Financing Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.There is an offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.radissonmining.com. Prospective purchasers should read this offering document before making an investment decision.This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any of the securities laws of any state of the United States, and are not being offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from the registration requirements of the U.S. Securities Act and any applicable securities laws of any state of the United States.Qualified Persons Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for the Company and a Qualified Person for purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Nieminen is independent of the Company and the O'Brien Gold Project.About Radisson MiningThe Company is a gold exploration company focused on its 100% owned O'Brien Gold Project ("O'Brien" or the "Project"), located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au).Please see the technical report titled "O'Brien Gold Project NI 43-101 Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025 (the "PEA"), Radisson's news release dated March 2, 2026 titled "With Step-Out Drilling Continuing, Radisson Demonstrates Meaningful Resource Growth at O'Brien with an Updated Mineral Resource Estimate" and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the Project. The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.The Company's head and registered office is located at 50 du Petit-Canada Street, Rouyn-Noranda, Québec J0Y 1C0. The Class A common shares of the Company are listed on the TSX-V under the symbol "RDS" and on the OTCQX under the symbol "RMRDF".For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsThis news release may contain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities legislation (collectively, "forward-looking information"), including, but not limited to, the Offering, including statements about the Offering (including the completion of the Offering on the terms and timeline as announced or at all, the tax treatment of the FT Shares, the timing to renounce all Qualifying Expenditures in favour of the subscribers, the use of proceeds of the Offering and the exercise of the Option by the Underwriters), statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions and the Company's anticipated work programs. Often, but not always, forward-looking information can be identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "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. Forward-looking information reflects the Company's beliefs and assumptions based on information available at the time such statements were made. Actual results or events may differ from those predicted in forward-looking information. All of the Company's forward-looking information is qualified by the assumptions that are stated or inherent in such forward-looking information, including the assumptions listed below.Although the Company believes that the assumptions underlying the forward-looking information contained in this news release are reasonable, this list is not exhaustive of the factors that may affect any forward-looking information. The key assumptions that have been made in connection with forward-looking information include the following: that the Offering will close on the anticipated timeline or at all and on the anticipated terms; that the Company will use the proceeds of the Offering as anticipated; and that the Company will receive all necessary approvals in respect of the Offering.Forward-looking information involves known and unknown risks, future events, conditions, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties; that the Offering will not close on the anticipated timeline or at all on the anticipated terms; that the Company will not use the proceeds of the Offering as anticipated; that the Company will not receive all necessary approvals in respect of the Offering; that the Underwriters may not exercise the Option; market volatility; the state of the financial markets for the Company's securities; the speculative nature of mineral exploration and development; fluctuating commodity prices; the future tax treatment of the FT Shares; competitive risks; costs of exploration; the actual results of current exploration activities; risks and uncertainties related to the ability to obtain or maintain necessary licenses, permits or surface rights; errors in geological modelling; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; exploration results not being consistent with the Company's expectations; the supply and demand for, deliveries of, and the future prices of commodities; accidents, labour disputes and other risks of the mining industry; the availability of qualified employees and contractors; political instability; the impact of value of the Canadian dollar and U.S. dollar, foreign exchange rates on costs and financial results; market competition; changes in taxation rates or policies; technical difficulties in connection with mining activities; changes in environmental regulation; environmental compliance issues; delays in obtaining governmental approvals or financing; and other risks of the mining industry.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 information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Readers should consider reviewing the detailed risk discussion in the sections entitled "Risks and Uncertainties related to Exploration" and "Risks Related to Financing and Development" in the management discussion & analysis for the year ended December 31, 2025, the financial statements of the Company, and other public disclosure of the Company, all of which are available on SEDAR+ under Radisson's issuer profile, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Forward-looking information contained herein is given as of the date of this news release and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events, or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information 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 information.Not for distribution to United States newswire services or for dissemination in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/296112 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, BC, May 5, 2026 - (ACN Newswire via SeaPRwire.com) - Gold Basin Resources Corporation ("Gold Basin" or the "Company") (TSX.V:GXX) alerts the market that the purported joint venture between Gold Basin and Helix Resources Limited ("Helix") (HLX) (the "Invalid Helix Joint Venture") announced by Helix in its ASX Announcement on April 29, 2026 (the "Helix Announcement") is not valid and has no standing. Accordingly, it is the Company's opinion that Helix has no interest or rights in the Gold Basin Property.The Invalid Helix Joint Venture was approved and signed by Gold Basin's prior management contrary to a court order from the Supreme Court of British Columbia issued by Justice Baker on February 2, 2026, restraining Gold Basin from selling, transferring, disposing of, leasing, or encumbering any property of Gold Basin. Furthermore, the Invalid Helix Joint Venture did not receive the required approval of the TSXV and the Company is of the view that the Invalid Helix Joint Venture did not disclose the required Canadian related party transaction disclosures including Kevin Lynn being a director of Helix and a director of Gold Basin Resources (Australia) Pty Ltd., and constituted an improper defensive tactic in response to the announcement of an unsolicited offer by Mayfair Acquisition Corp. to acquire Gold Basin in contravention of National Policy 62-202 - Take-Over Bids - Defensive Tactics.Accordingly, for the above noted reasons, it is the Company's position that no valid joint venture has been formed between Helix and the Company.The Company provides further particulars below with respect to the Invalid Helix Joint Venture and the Helix Announcement which the Company believes shareholders should be made aware of in considering the propriety of the Invalid Helix Joint Venture.Kevin Lynn, a director of Helix was also a director and secretary of Gold Basin Resources (Australia) Pty Ltd, a wholly owned subsidiary of Gold Basin, this was not publicly disclosed by Gold Basin to the market.The purported "Initial Binding Letter JV offer" dated November 12th, 2024 and issued by Helix was on Helix letterhead and was signed by Michael Povey as Chair of Helix. The agreement is dated 52 days before Mr. Povey became a director of Helix on January 3, 2025, and 18 days after Mr. Povey resigned from the board of Gold Basin, and while he was still an advisor to Gold Basin. Mr. Povey falsely claimed to be the Chair of Helix in the November 12th, 2024, document.On March 27, 2025, Helix Resources announced a deal to purchase the White Hills project from companies owned by Charles Straw (Gold Basin's CEO at the time) and Gold Basin's former Consulting Geologist and Project Manager Calvin Heron, a deal which granted the vendors cash consideration and a right to become a material shareholder in Helix Resources.Mr. Straw was appointed as President of Gold Basin on March 19, 2021. It is not clear when Mr. Straw acquired the White Hills project, but Gold Basin referenced this project in a November 2022 press release as containing exploration targets of interest to Gold Basin. Mr. Straw acquired a State lease on a portion of the White Hills project in early 2023 referred to as "Section 2". This acquisition appears to have violated the non-competition and area of influence provisions in Mr. Straw's consulting agreement with Gold Basin and would therefore be in breach of his fiduciary duty to Gold Basin.A little over a month following the announcement of the transaction between Mr. Straw and Helix, Gold Basin issued a press release announcing that Helix, the very Company that Mr. Straw, Gold Basin's CEO had agreed to sell properties to, had purportedly entered into an earn in agreement with Gold Basin to acquire a 40% interest and a 1% net smelter royalty in the Gold Basin Project.Mr. Povey, a close business associate of Mr. Straw (Mr. Povey and Mr. Straw were recently subject to an action in the Supreme Court of Australia by the liquidator of Ochre Group) and a former CEO and director of Gold Basin, was an advisor to Gold Basin and was Chair of Helix at all material times with respect to the negotiation of the Invalid Helix Joint Venture, except for the November 12, 2024 agreement when Mr. Povey represented he was the Chair of Helix but was not.In the Helix Announcement, Helix states as of 30th April 2026 it has no disputes or litigation recorded against it. This statement is not factual. On October 28, 2025, Gold Basin shareholders filed a petition to set aside the Invalid Helix Joint Venture with Gold Basin in the Supreme Court of British Columbia naming Gold Basin and Helix as respondents. The petition outlines the undisclosed related party nature of the purported transaction, the absence of proper approvals, the unfair and unreasonable terms, an improper defensive tactic to a take over proposal, and other breaches of procedures and policies.The Company has reserved all of its rights against the former directors of the Company and has initiated the appropriate steps to file appropriate proceedings to recover from them, personally, any losses the Company alleges it has suffered, and may continue to suffer, as a result of their actions The Company's controlling shareholder, CANEX Metals Inc., has advised that it intends to seek contempt orders against each of the former directors of the Company personally for any breach of the restraining orders issued by the Supreme Court of British Columbia preventing former directors from impairing the value of Gold Basin or its Arizona property.About Gold Basin Resources CorporationGold Basin Resources Corporation holds the 42 km2 Gold Basin Project in Mohave County Arizona. The project hosts large mineralized trends containing near surface oxide gold mineralization and has seen over 800 historic and current drill holes into mineralized deposits up to 1.7 kilometres in length.On Behalf of the Board of Directors"Shane Ebert"Shane Ebert, President, Chief Executive Officer and DirectorFor Further Information Contact:Shane Ebert at 1.250.964.2699info@goldbasinresources.caNeither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsExcept for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "will", "intends", "may" and similar expressions, are forward-looking information that represents Gold Basin Resources Corporation's expectations or beliefs concerning, among other things: whether CANEX Metals Inc. will obtain a contempt order against the former directors of the Company; whether the Petition will be successful in setting aside the agreement with Helix; whether steps or proceedings against the former directors of the Company will recover losses the Company alleges it has suffered, and may continue to suffer, and recover the gains the Company alleges its former directors may have benefited from; and whether the new board will be able to address the current state of the Company and create value for stakeholders. The estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Gold Basin's actual performance and financial results in future periods to differ materially from any estimates and beliefs of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those risks described in Gold Basin's filings with Canadian securities authorities. Accordingly, holders of Gold Basin's common shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Gold Basin disclaims any responsibility to update these forward-looking statements, except as required by applicable laws.SOURCE: Gold Basin Resources Corporation Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MIAMI, FL, May 5, 2026 - (ACN Newswire via SeaPRwire.com) - Digi Power X Inc. (Nasdaq:DGXX)(Cboe Canada:DGX) (the "Company" or "Digi Power X"), an AI data center infrastructure operator, today announced the execution of a Master Services Agreement (the "Agreement") with Cerebras Systems (the "Customer") for the colocation of a purpose-built, 40 megawatt ("MW") AI data center campus located in Columbiana, Alabama (the "Facility").The initial 10-year term is valued at approximately $1.1 billion, with total potential contract value of up to $2.5 billion inclusive of renewal terms - underpinned by a structure that provides Digi Power X with long-term revenue visibility, and Cerebras with guaranteed data center capacity, from the first day of service.Digi Power X will develop and deliver the Facility in two phases: Phase 1 comprising 15 MW of IT load, followed by Phase 2 delivering an incremental 25 MW for a combined total of 40 MW. The Facility will be purpose-built to Tier III infrastructure standards optimized for the high-density thermal requirements of next-generation AI accelerator hardware.This Agreement reflects the deep commitment that both companies are making to the Columbiana campus - a facility designed from the ground up around the power density and reliability demands of frontier AI compute."This agreement is transformational for Digi Power X. Signing a $1.1 billion anchor contract with a premier AI compute company is validation of everything we have built - our team, our sites, our infrastructure capabilities, and our vision for what a next-generation data center operator looks like. We are no longer building toward the top tier of this industry. We are in it."- Michel Amar, Chairman & Chief Executive Officer, Digi Power X Inc.Immediate Construction & Accelerated DeploymentDigi Power X will commence construction immediately on Phase 1, reflecting the Company's readiness across power, site development and long-lead equipment procurement.Initial Deployment40MW critical IT loadConstruction StartImmediatePhase 1 Ready-for-ServiceTargeted December 15, 2026Full DeploymentTargeted by end of Q1 2027The Columbiana, Alabama campus was selected for its access to robust power infrastructure, a favorable regulatory environment, and proximity to major fiber corridors serving the southeastern United States. Digi Power X owns the underlying real property, providing a balance-sheet-backed development platform that differentiates the Company from lease-dependent competitors.The Company has already completed construction of the dedicated on-site substation serving Phase 1, with grid interconnection finalized and a power delivery agreement in place with Alabama Power - minimizing two of the most significant development risk factors typically associated with large-scale data center projects and positioning the Columbiana campus for an accelerated construction timeline.Digi Power X plans to commence site development immediately and targets Phase 1 Ready-for-Service in December 2026, with Phase 2 delivery to follow. Phase 1 construction is being self-funded by the Company, reflecting Digi Power X's financial commitment to the Columbiana campus and its confidence in the long-term value of this partnership."This deal is a statement. Closing a contract of this magnitude with one of the prominent emerging companies of the AI era signals Digi Power X is a serious player operating at the highest level. This is the kind of landmark transaction that we believe will open the door to additional sophisticated tenants, lenders, and partners."- Alec Amar, President, Digi Power X Inc."The buildout of high-density AI infrastructure is one of the defining challenges of our generation, on the scale of the rollout of 4G and 5G that transformed global connectivity. This agreement reflects Digi Power X's vision, the strength of its team, and its ability to execute as a foundational player. I'm proud to be part of what Digi Power X is building."- Hans Vestberg, Senior Advisor, Digi Power X Inc.; Former Chairman and CEO, Verizon Communications; Member, Board of Directors, BlackRockStrategic SignificanceThe Agreement is expected to be a core driver of Digi Power X's forward revenue growth.Revenue commencement: Expected late 2026.Full revenue ramp: Upon completion of full deployment, targeted in Q1 2027.Upside: Customer expansion option for an additional $1.4 billion.About Digi Power XDigi Power X is an AI infrastructure company, operating a vertically integrated portfolio of power assets and data center capacity across Alabama, New York, and North Carolina, with approximately 400 MW of secured power across its sites. The Company's NeoCloudz platform delivers GPU-as-a-Service on dedicated, bare metal NVIDIA infrastructure. For more information, visit www.digipowerx.com.Investor RelationsFor further information, please contact:Michel Amar, Chief Executive OfficerDigi Power X Inc.www.digipowerx.com Investor Relations: T: 888-474-9222 | Email: IR@digihostpower.comCautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Cboe Canada does not accept responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsExcept for the statements of historical fact, this news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes statements regarding the Agreement, including expected TCV from the Agreement during its term, and goals, expectations and targets for the business of Digi Power X. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "goals,' "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking information is subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: changes to or modification of the Agreement in the future; future capital needs and uncertainty regarding the Company's ability to raise additional capital; costs associated with the development, manufacturing and deployment of AI infrastructure; construction execution risks and delays in long-lead equipment delivery; global demand for AI computing infrastructure; further improvements to profitability and efficiency may not be realized; and other related risks, some of which are more fully set out in the Company's annual report on Form 10-K for the year ended December 31, 2025 and other documents disclosed in the Company's filings at www.sedarplus.ca and in the Company's annual, quarterly and current reports filed with the SEC on its website, www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.SOURCE: Digi Power X Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Brisbane, Australia, May 5, 2026 - (ACN Newswire via SeaPRwire.com) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to report the discovery of a new high-grade gold zone within the existing resource, from its 2025 infill drill program at the Gameta Gold development Project (50/50 JV), located on Fergusson Island in Papua New Guinea (PNG).The 2025 program included 4201 meters of largely infill drilling for a total of 36 diamond core holes. Drilling focused on areas within the existing deposit to better define and expand known mineralization. Prior to this drilling, the Gameta Project's Mineral Resource Estimate (MRE) contained approximately 4.0 million tonnes (Mt) @ 1.33 g/t Au for 173 koz gold (indicated), and 10.5 Mt @ 1.01 g/t Au for 340 koz gold (inferred), within a conceptual open-pit shell.Hole GMDH009 returned 28.56 g/t Au over 12.0m starting from 146m downhole. This is the highest-grade intercept ever recorded by Adyton to date and highlights the presence of high-grade zones within the broader deposit. This result, along with other strong intercepts reported in this release, demonstrates the potential to enhance the overall grade of the planned open- pit at Gameta. These higher-grade zones could positively impact the upcoming Feasibility Study being advanced by Adyton and its JV partner EVIH.KEY HIGHLIGHTS Final assays from the 2025 infill drill program highlight the presence of locally high-grade zones at Gameta including the project's best intercept to date of 12m @28.56 g/t Au returning 342 g-m.Significant intercepts include:GMDH009 12m @ 28.56g/t Au from 146 m downholeGMDH008 13m @ 3.84g/t Au from 98 m downholeGMDH021 16m @ 2.2.07g/t Au from 51 m downholeGMDH010 6m @ 2.69g/t Au from 114 m downholeGMDH005 13m @ 1.88g/t Au from 49 m downholeGMDH013 13m @1.37g/t Au from 105 m downholeGMDH005 14m @1.05 g/t Au from 94 m downholeSeveral holes also intersected near surface mineralization with solid grades including hole GMDH001 with 9m @ 1.08g/t Au and hole GMDH002 6m @ 1.22g/t Au (see Table 1 below).These infill drill results have exceeded the Company's expectations and are expected to support an updated MRE, with several intersections returning grades above those reflected in the current model. The results may also support the conversion of a significant portion of the inferred resource to the indicated category."I am very pleased with these results, which have exceeded our expectations and highlight the strength of the Gameta Project," said Tim Crossley, Adyton CEO. "The project combines solid grades, near surface mineralisation, and favourable logistics, including access for barge transport to support envisioned development and concentrate shipment to end markets. We are now focused on advancing Gameta alongside the Wapolu Project, accelerating toward feasibility and permitting, with the goal of developing Gameta into a second production asset. Our vision for these projects is to unlock near-term cash flow through a disciplined Direct Ship concentrate strategy, while establishing a scalable foundation for long-term growth and value creation across the portfolio.""We are encouraged by the assay results at Gameta and, together with Adyton, plan to advance the project through MRE finalisation, Feasibility Studies, and permitting. Subject to permitting timelines, we are targeting a potential start of operations in the first half of 2028," said Gary Wang, EVIH CEO.Table 1: SIGNIFICANT INTERCEPTS, Gameta 2025 drilling 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_001full.jpgFigure 1: Map view at Gameta showing 2025 drillhole locations against historical drilling and topographyTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_002full.jpgFigure 2: Cross section looking northwest with significant drilling intercepts reported for GMDH009, GMDH010To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_003full.jpgFigure 3: Cross section looking northwest with significant drilling intercepts reported for GMDH004, GMDH006, GMDH001, GMDH005, GMDH008, GMDH013To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_004full.jpgTable 2 DRILL HOLE SUMMARYTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_005full.jpgCATALYSTS & OUTLOOK1) Fergusson Island Project (PNG):Focused on advancing the Wapolu and Gameta deposits toward potential production and cash flow. Current resources include:Wapolu: 33,000 oz Au (Indicated) and 393,000 oz Au (Inferred)Gameta: 173,000 oz Au (Indicated) and 340,000 oz Au (Inferred)Key Fergusson Island catalysts include:Updated MRE at Gameta (second half 2026)Permitting milestones (Q3 2026)Construction and potential commencement of operations at Wapolu (second half 2026)2) Feni Island Project (PNG):A 1.45-million-ounce gold alkalic gold-copper project located in the Bismarck Island chain, with geological similarities to the Lihir Gold Mine.Key Feni Island catalysts include:A high-resolution 5 km by 5 km induced polarization (IP) survey in Q2 2026, designed to support near-term resource development and broader project targetingA follow-up drill program to systematically test priority targets identified from the surveyQUALITY ASSURANCE / QUALITY CONTROLSamples were analysed at the Sichuan Xiye Testing Technology Laboratory (SXTT) in China and QA/QC was verified using certified reference materials, blanks and duplicates that were blind to the lab.In addition to this routine verification, 71 samples were selected among the highest-grade intervals and were re-submitted for assaying to confirm results. Assays replicated well and give confidence to the results.Qualified PersonThe scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE, FAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton, who is a "Qualified Person" as defined by National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects.For further information please contact:Tim Crossley, Chief Executive Officer E‐mail: ir@adytonresources.comPhone: +61 7 3854 2389Phone: +1 778 549 6768Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.ABOUT ADYTON RESOURCES CORPORATIONAdyton Resources Corporation is focused on advancing gold and copper projects in world-class mineral jurisdictions. The Company holds a portfolio of highly prospective assets in Papua New Guinea where it is actively working to expand its existing gold Inferred and Indicated Mineral Resources and build on recent high-grade gold and copper drill results at its 100% owned Feni Island ‎project.Adyton's projects are located on the Pacific Ring of Fire, on accessible island settings that host several globally significant deposits including the Lihir gold mine and ‎Panguna copper-gold mine on Bougainville Island, both in close proximity to Feni, highlighting the district-scale potential of the Company's land package.Feni Island Au-Cu projectThe Feni Island Project currently has a mineral ‎resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred ‎mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland ‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.Fergusson Island Au projectThe Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5g/t Au cut-off grade.See the technical report dated October 14, 2021, entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay ‎Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.For more information about Adyton and its projects, visit www.adytonresources.com.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/295948_dce2c12474fa2a8b_006full.jpgForward-looking statementsThis press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws.Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward-looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.1 Interval widths are "apparent" widths downhole, subject to true width determination.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295948 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com