BRIEF

on Bolt Metals Corp. (CVE:BOLT)

Bolt Metals Rebrands as 26 Metals Inc., Focuses on Brazilian Iron Project

Bolt Metals Corp. will rebrand as 26 Metals Inc., trading under the ticker "IRON" on the Canadian Securities Exchange starting August 19, 2026. This change marks a strategic focus on the Florália Iron Project in Brazil's Iron Quadrangle.

The rebranding reflects the company’s commitment to developing its high-grade, low-carbon iron project in Minas Gerais, a region known for a century of iron ore production. Management highlights the project's infrastructure, quality product, and green processing methods as key advantages. Notably, Florália's location allows targeting both domestic and seaborne markets without the need for a tailings dam, thanks to dry processing.

The company's active drilling program aims to estimate mineral resources, supporting further technical and economic studies. Alongside, environmental licensing and permitting progress toward a development decision remains a priority. New board member, Rob Saltsman, brings 25 years of venture capital experience, potentially strengthening the company's strategic direction.

R. H.

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