This article has been disseminated on behalf of  Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.

• In a recent appearance on the Prospector News Podcast, Kimberly Ann shared details about the Lahontan Gold Corp. and the company’s growth
• She spoke about the flagship asset of the company, the Santa Fe Project, and how the company is preparing to break ground in 2027
• The interview also covered what the company is doing to prepare for production, how the permitting process is going, and a variety of other topics

Recently, Kimberly Ann, the CEO of Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), a Canadian mineral exploration company advancing four high-quality gold and silver properties in Nevada’s prolific Walker Lane trend, appeared on The Prospector News podcast to discuss company updates and growth.

Kimberly Ann began by diving into Lahontan’s flagship asset and core focus of the company, being the Santa Fe Project, which is a past-producing mine that utilized open-pit heap-leach style mining, yielded hundreds of thousands of ounces of gold and silver from the late 1980s to the late 1990s.

The site not only has an established infrastructure, but Ann said that it currently still has two million ounces in the ground, and growing. She also mentioned that Lahontan has been busy the past year and is fine-tuning the company’s model before it looks to break ground in early 2027.

As the interview continued, Ann mentioned that the company is currently working on a plan of operation permit that is currently going through a National Environmental Policy Act (“NEPA”), mainly focusing on air and water quality, and hopes to have the permit by the end of the year.

The price of gold, being a large talking point in today’s market, was in Lahontan’s plan to manage funding for the business without diluting shares too much. As LGCXF moves closer to production, Fox and Kimberly Ann spoke about her experience at the Precious Metals Summit Beaver Creek, which is an investment conference focused on explorers, producers, and developers in the industry. Kimberly Ann stated how it was the best Beaver Creek conference she’s ever gone to and mentioned that there was a lot of excitement in the industry.

As the conversation ended, Ann made sure to mention that the company has other projects on the go in addition to Sante Fe, include West Santa Fe, Moho, and Redlich.

About Lahontan Gold Corp.

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF), a Canadian mine development and exploration company advancing a portfolio of gold and silver assets in Nevada’s Walker Lane, one of the world’s most productive and mining-friendly regions. Through its U.S. subsidiaries, the company controls four gold and silver properties in Nevada, three of which are 100%-owned and one controlled via a low-cost option to acquire full ownership. With a clear near-term path to production, Lahontan is focused on unlocking oxide gold and silver value from past-producing, infrastructure-rich projects.

For more information, visit the company’s website at www.LahontanGoldCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the company’s newsroom at ibn.fm/LGCXF

This article has been disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.

• Gold explorer and near-term producer LaFleur Minerals is building up its capital reserves to fund PEA work in preparation for extraction operations at its Swanson Gold Project in the Abitibi Gold Belt of Québec, and milling operations restart at Beacon Gold Mill by early next year
• The company recently closed a flow-through private placement offering for aggregate gross proceeds of more than $1.66 million to help fund exploration and PEA-related work at Swanson, and any eligible ore sorting and metallurgical test work for the restart of its wholly owned gold mill
• LaFleur’s assayed results from initial test drilling have shown multiple mineralized zones and favorable conditions for a near-surface, open-pit operation at Swanson, which intends to serve as gold bulk sample extraction from its planned open-pit mining effort

The recent announcement by gold explorer and near-term producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) that the company has completed a flow-through private placement funding paves the way for LaFleur to press forward with exploration and drilling programs at its Swanson Gold Project in the Abitibi Gold Belt of Québec, with the necessary work ahead of its Beacon Gold Mill restart.

The Swanson Gold Project is LaFleur’s flagship, advanced stage, district-scale exploration property with over 36,000 metres of historic drilling recorded, containing numerous gold-bearing regional structures. The Company benefits from a wealth of information at Swanson to base its in-process Preliminary Economic Assessment (“PEA”) upon as well as high-grade, significant intervals such as historical holes SW-03-07 defining 69.3 metres at 3.03 g/t Au and BAR31-84 defining 51.0 metres at 3.46 g/t Au. The company benefits from extensive historical exploration work and development from the previous owner, a property that consolidated nearby claims to expand its footprint by over 3X its original size. The company also benefits from over $20 million worth of upgrades made to its mill infrastructure asset, Beacon Gold Mill, that occurred just prior to the previous owners’ assets becoming subject to bankruptcy proceedings. LaFleur further strengthens its position with a near-term revenue strategy as it restarts gold production at Beacon, capitalizing on its assets and the prolific nature of the renowned and top gold producing region where its two projects sit in the heart of the Abitibi greenstone belt.

In addition to advancing exploration at LaFleur’s site for the purpose of advancing work needed to complete its comprehensive and robust mining study, the PEA, the private placement offering for aggregate gross proceeds of more than $1.66 million benefits “flow-through eligible work” such as ore-sorting and metallurgical testwork of a large bulk sample intended for the restart of gold production at the Company’s 100%-owned Beacon Gold Mill using mineralized material from the Swanson Gold Deposit, which sits only ~60 km away. (https://ibn.fm/liVPO).

Flow-through shares of stock allow companies to renounce or transfer the tax deductibility of exploration and development expenses to investors under a structure that provides an additional benefit to investors while making it easier for companies to fund their exploration projects. LaFleur’s flow-through units consist of one common share and one share purchase warrant. 

“We’ve done a pretty good job of consolidating originally around the Swanson deposit and have grown it to as it is,” LaFleur CEO Paul Ténière said during a recent interview with CEO.CA’s Inside the Boardroom podcast (https://ibn.fm/SAo5L). “There are other opportunities, especially to the south and southeast of Swanson. … And, so, what we’re looking at doing is consolidating and adding claims from adjacent properties into (Swanson) to continue to expand.”

Gold prices have enjoyed a remarkable run this year, rising nearly 50% since January. Even with some recent sell-off activity, prices have remained stable hovering around the $4,000 an ounce mark (https://ibn.fm/o7TG1).

When the Beacon Gold Mill was last operating in 2022, gold prices were at $1,600 an ounce. LaFleur anticipates that the mill will not only be useful in processing the bulk sample it plans to take from its Swanson Gold Project, but also in exploring the potential of building near-term revenue through processing ore from other nearby operators’ gold projects through custom toll milling contracts that keeping operations moving rapidly while gold prices remain near record levels. 

The de-risked bulk sample taken from an open-pit mining project will comprise the first 100,000 metric tons of material taken from Swanson. The mill is capable of processing over 750 metric tons per day and LaFleur has also estimated approximately 10,000–20,000 tonnes of mineralized stockpiles remaining on site to serve as feed for initial trial runs. The Abitibi greenstone belt is regarded as unrivaled when it comes to gold production, accounting for more than 300 million ounces of the ore when past production and current reserves are factored together. 

LaFleur’s projects lie in the highly-regarded Abitibi gold belt—one of the world’s premier jurisdictions now seeing major M&A activity and consolidation (IAMGOLD, Probe), offering exceptional leverage to record gold prices and growing regional demand for long-life, low-risk assets. With LaFleur’s Beacon Gold Mill and Swanson Gold Project located in the Val-d’Or mining camp as many of these M&A targets, this increases the strategic importance of Beacon Gold Mill as regional infrastructure in a growing production corridor. Valuations set through regional M&A also establishes a district pricing precedent that may re-rate the entire Val-d’Or peer group upward, suggesting that LaFleur’s Beacon-Swanson combination could be substantially undervalued by comparison.

For more information, visit the company’s website at LaFleurMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF

Qualified Person Statement:

All scientific and technical information contained in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company and considered a Qualified Person for the purposes of NI 43-101.

This article has been disseminated on behalf of Numa Numa Resources and may include paid advertisements.

• The Panguna Mine, being redeveloped by the company and its landowner partners, has not only massive amounts of copper and gold within its walls, but also comes with attractive infrastructure assets which can be refurbished and utilized.
• Numa Numa’s operations in Bougainville are multifaceted, encompassing not only mining for precious metals like copper and gold but also such redeveloping key infrastructure assets like the Manetai lime quarrying and calcination project, an asset necessary for separating gold from copper in a concentrator which is also a key element in rebuilding Bougainville’s economy.
• Numa Numa’s initiatives will enable Bougainvilleans to not only achieve prosperity but independence.

In the evolving global mining landscape, regions rich in untapped resources present significant opportunities for companies with management teams devoted to spending years onsite developing them. Numa Numa Resources and its management team has done so over the last 10 years in the Autonomous Region of Bougainville currently a political unit of Papua New Guinea. As a result, the company has strategically positioned itself to capitalize on the spectacular potential of this resource-rich South Pacific archipelago. 

Bougainville is perhaps best known as the home of the Panguna Mine. Developed by Rio Tinto, the Panguna Mine was one of the largest open-cut copper and gold mines in the world when it operated from 1972 to 1989 before being shuttered due to a civil war between Bougainville and Papua New Guinea (https://ibn.fm/gglNa). In 2001, the Bougainville Peace Agreement ended the war and awarded Bougainville limited autonomy, including its own constitution; subsequent Autonomous Bougainville Government (“ABG”) agreements stipulated that ownership of the mine reverted to its customary landowners.

Even though it hasn’t operated in almost 40 years, a majority of Bougainville’s Panguna Mine’s copper, gold and silver ore resources remain within its walls, making the fully explored and developed Panguna Mine one of the largest ore bodies in the world. Today, the metals within the mine’s walls are worth approximately $100 billion (https://ibn.fm/0fFh4).

Ian Smith, a mining engineer employed by Rio Tinto and its operating subsidiary who was involved with many aspects of the Panguna Mine’s design, construction and operation, is a member of the company’s board of directors. Most geologists who have studied Bougainville believe that other nearby locations such as Mainoki and Karato are highly prospective and may contain ore deposits similar in size and scale to those of the Panguna Mine.

The Panguna Mine’s ore body is indeed huge, but its large size is only one of its favorable characteristics. The quantity and quality of resources in the Panguna Mine are beyond dispute. The mine’s reserves are proven, while most of the world’s major deposits waiting to be mined are not. In addition, the Panguna Mine is highly accessible and comes with developed infrastructure; many of the roads, port facilities, and other infrastructure built to service the Panguna Mine remain largely intact.

In addition, the high-quality lime located in Central Bougainville’s Manetai area which was used in the Panguna Mine’s concentrator to separate the copper and gold metal streams can also be redeveloped and utilized once more. The company has retained the same person who initially managed the operations of the Manetai limestone project and has developed a plan for its reconstruction and reuse.   

The global mining sector is seeing strong tailwinds as demand for metals essential to worldwide electrification accelerates, especially copper, nickel, cobalt and rare earth elements. According to the International Energy Agency (“IEA”) “Global Critical Minerals Outlook 2024,” copper demand is projected to rise by approximately 50% by 2040 in a net-zero emissions scenario, while nickel, cobalt and rare earths are expected to roughly double over the same period (https://ibn.fm/cyNM7). Meanwhile, companies such as Numa Numa Resources are well positioned to invest in regions with untapped mineral wealth as the clean-energy transition drives both demand and market value for these critical minerals to more than $770 billion by 2040.

Numa Numa’s operations in Bougainville are multifaceted, encompassing not only mining but also infrastructure development. The company’s long term strategic goal is to become Bougainville’s leading commercial enterprise. In the process of doing so, the company expects the economy that it is helping to develop to be a key factor in Bougainville’s quest for independence.

Numa Numa Resources exemplifies how companies can thrive in the mining sector by focusing on not only on the company’s commercial needs but by providing prosperity, opportunity and even freedom to the local community. As the global demand for critical minerals continues to rise, Numa Numa’s strategic plan in Bougainville positions it to play a pivotal role in meeting this demand while fostering prosperity and independence.

For more information, visit www.NumaNumaResources.com.

NOTE TO INVESTORS: The latest news and updates relating to Numa Numa are available in the company’s newsroom at https://ibn.fm/NUMA

This article has been disseminated on behalf of  Silvercorp Metals Inc. (NYSE-A/TSX: SVM) and may include paid advertising.

• Canada-based Silvercorp Metals produces silver, gold, lead, zinc and other metals with primary mining operations in China and advancing growth projects in Ecuador
• Q2 Fiscal 2026 revenue rose 23% YOY to approximately $83.3 million
• Q2 silver equivalent (silver and gold) production of 1.84 million ounces, a 5% increase YOY
• Construction continues at the El Domo project in Ecuador, while Silvercorp’s investment in New Pacific Metals provides exposure to two advanced silver projects in Bolivia

Precious metals producer Silvercorp Metals (NYSE American/TSX: SVM) continues to build momentum in its quest to generate sustainable economic, social and environmental value for all its stakeholders at a level that is beginning to span the globe. 

The Canadian mining company has an 18-year operating track record and recently reported year-over-year growth in its revenues, thanks to strong metal prices and increasing silver, gold and lead production at its mines in China. 

Silvercorp’s Oct. 15 news release notes that revenues rose approximately 23% over the same quarter a year previous, ending its recently completed Q2 2026 with approximately $83.3 million in sales. Its silver production at the Ying Mining District rose 1% to about 1,529 thousand ounces, gold rose 76% to 2,085 ounces, and lead rose 8% to 12,928 thousand pounds (https://ibn.fm/l1ZBy).

Silvercorp expects to publish all its unaudited interim financial results for the second quarter on Nov. 6. 

“Being in China, we’re close to the source of supply for a lot of the inputs that go into mining,” said Silvercorp President Lon Shaver earlier this month during an interview with Natural Resource Stocks, speaking of the company’s operating advantages (https://ibn.fm/tAy58). “So we don’t have to carry a lot of working capital. We can get, on a pretty competitive basis, inputs and supplies,” he added. “And a real testament to that is we expanded in 2024 our milling facility and bumped it up quite significantly from 2,500 tons per day of capacity to 4,000 tons per day.” 

While the Ying site, comprising seven mines (plus an additional satellite site) and two milling facilities, is “the real economic driver” for the company, Shaver noted that Silvercorp has an additional producing mine in the southern part of the country as well as an additional gold resource “on care and maintenance” in China, plus two new sites being developed for production half a world away in Ecuador that were part of a more recent acquisition. 

“At the other end, on incubation, we have a meaningful investment in New Pacific, which is another public company advancing two very attractive silver projects in Bolivia. And so that is somethings we’ve been helping to support and nurture as they’ve gone through technical studies and now are into the permitting phase,” Shaver said. “We’re pretty open-minded to look at what we think could be value-creating, mine-building opportunities for us.”

Production levels at the Ying district and the GC Mine in China reflect interruptions due to a temporary closure at Ying and severe typhoon weather conditions at GC. During the Q2 fiscal period, Ying completed 64,330 meters of drilling and 12,638 meters of exploration tunneling, while GC completed 13,176 meters of drilling and 1,799 meters of exploration tunneling.

The 481-bed construction camp at the Ecuadorian El Domo mine was set to be fully operational in October and construction there has advanced with a 249% increase in earthen material moved over the previous quarter.

For more information, visit the company’s website at https://silvercorpmetals.com/welcome.

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• Beeline Holdings recently announced that it locked 21 loans worth nearly $8 million on the same day the Federal Reserve announced its second consecutive 25-basis-point rate cut.
• The company also announced the launching of BeelineEquity, a blockchain-based fractional equity platform that gives homeowners debt-free access to their property value.
• Management will cover these and other accomplishments when it hosts a Q3 2025 stakeholder update call on November 10, led by CEO Nick Liuzza and CFO Chris Moe.

Beeline Holdings (NASDAQ: BLNE), a fast-growing digital mortgage platform that redefines the path to homeownership, reported record performance at the end of October 2025, as the Federal Reserve announced its second consecutive quarter-point rate cut. On October 29, the company locked 21 loans with a total value of just under $8 million, setting a new high in its core revenue indicator, a measure that typically translates into realized revenue within 30 to 45 days (https://ibn.fm/YRqFs).

The results signal that Beeline, which announced in September that it is debt-free, is now gaining traction after enduring the most difficult housing market in decades. The company expects to reach cash-flow positivity in early 2026, supported by a scalable AI-driven lending infrastructure and a growing base of non-traditional borrowers.

“Our key performance indicators are quickly improving which we knew would happen as the market normalized,” said Nick Liuzza, co-founder and CEO of Beeline. “We fought through the worst real estate market in 30 years to put Beeline in a position to capitalize when conditions normalized and here we are as the industry headwinds are turning into tailwinds. While it was a good day, it’s only the beginning of a strong run.”

Liuzza also added: “Beeline is serving two large demographics:  For millennials as a mortgage platform designed for the Gig economy, and for boomers as an equity product in areas where they hold $10T of equity.”

Beeline’s record day coincides with what many analysts view as the start of a more favorable lending cycle. The Fed’s back-to-back rate cuts have already led to modest drops in mortgage rates, with refinancing activity and purchase inquiries beginning to rise.

Beeline’s business model was designed for moments like this. Its AI-enabled proprietary platform can scale loan processing volumes rapidly while maintaining operational efficiency. By automating much of the underwriting and documentation process, Beeline can approve loans within minutes and close them in as few as 14 to 21 days, less than half the industry average. The platform’s design also caters to a changing borrower demographic. According to National Mortgage Professional, only 26.1% of Gen Z and 54.9% of Millennials owned homes in 2024, reflecting limited access to affordable mortgages (https://ibn.fm/M3J7F). Beeline’s tools, including its AI decision engine and chatbot “Bob,” aim to close that gap, giving buyers near-instant certainty about mortgage eligibility.

In addition, a significant share of Beeline’s clients are real estate investors, particularly among younger buyers seeking property investment opportunities as an entry point into wealth building.

The record loan announcement came shortly after Beeline declared a milestone that expands its reach beyond traditional lending. Through its subsidiary Beeline Loans, Inc., the company completed its first round of blockchain-recorded equity transactions under its new BeelineEquity product (https://ibn.fm/Owvx8).

BeelineEquity offers homeowners a debt-free way to access liquidity by selling a fractional share of their home’s equity instead of taking out a loan. The structure eliminates monthly payments and interest, with repayment triggered only upon the sale or transfer of the property. Each transaction is securely recorded on the blockchain, ensuring transparency and immutability.

The company finalized five equity transactions during the pilot phase and plans to close an additional 30 by the end of 2025, citing strong homeowner demand for alternatives to traditional refinancing and home equity loans.

“Homeowners shouldn’t have to borrow against themselves just to access the value they’ve already built,” said Liuzza. “By putting home equity on blockchain rails, we’re creating a smarter, more transparent financial alternative — one that’s free from interest rate swings and credit friction.”

Beeline estimates that its new product addresses a vast, underutilized market: roughly $15 trillion in inaccessible U.S. home equity, much of it concentrated among Baby Boomers. Capturing even 10 basis points of that market could generate over $500 million in revenue, according to company projections.

Co-founder and COO Jess Kennedy said the launch of BeelineEquity gives the company two complementary revenue streams: “We’re offering more non-QM products than many top lenders and large banks to complement our conventional business and with the launch of our unique equity product, we now have two powerful revenue streams gaining momentum at the same time — a rare and exciting opportunity.”

Beeline’s recent performance and product innovation come less than a year after completing its October 2024 merger with Eastside Distilling, a move that redefined the company as a next-generation fintech mortgage originator. Since then, Beeline has built a vertically integrated lending and title platform that reduces friction, shortens closing timelines, and improves borrower experience. The company’s proprietary Hive production engine and automation stack enable efficient processing of multiple product types, from conventional loans to non-qualified mortgage (non-QM) products and investment property loans.

Following its record October performance, Beeline also confirmed plans to host its Q3 2025 stakeholder update call on November 10 at 5:00 PM ET (https://ibn.fm/rG2iV). CEO Nick Liuzza and CFO Chris Moe will discuss quarterly financials and provide updates on growth initiatives, lending performance, and the progress of BeelineEquity.

For more information, visit the company’s website at www.MakeABeeline.com.

NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company’s newsroom at https://ibn.fm/BLNE

• Beeline Holdings, modernizing mortgage lending by aligning technology with the digital expectations of younger generations, targeting real estate investors as well as home buyers, is filling a gap that many other industry players don’t, and is now on track to go cash positive by Q1 2026
• While appearing on the latest episode of The TechMediaWire Podcast, Beeline’s CEO and Co-Founder, Nick Liuzza, talked about the company’s developments, mentioning the leadership’s confidence in its products, as evidenced by their monetary investment in the company
• Liuzza noted that Beeline has invested millions in the development of its product, an investment that led to a $7 million debt at the beginning of 2025, and how clearing off all its debts as of September 5, the company is on track to go cash flow positive

Beeline Holdings (NASDAQ: BLNE), a technology-forward mortgage and title platform that leverages AI, automation, and intuitive user experiences to simplify home financing, hit a significant milestone on September 5, 2025, having paid off all its debts, staying on track to go cash flow positive by Q1, 2026. While appearing on the latest episode of The TechMediaWire Podcast, Beeline Holdings’ CEO and Co-Founder, Nick Liuzza, acknowledged important progress the company has made and pointed out the investments and commitments that have led the company to its current position (https://ibn.fm/DVLlt).

Most notably, Liuzza noted the leadership’s confidence in its product, as evidenced by their monetary investment in the company. “We believe in what we do, and we put our money where our mouth is. I have $16 million invested in the company. Our COO has several hundred thousand dollars in the company. Our CFO is vested. Our management and product teams in Australia are vested,” he noted. “We believe in what we’re doing, and as a result of that, we’ve written checks to buy shares and grow the appreciation – and recognize the appreciation – as shareholders,” he added (https://ibn.fm/DVLlt).

Beeline Holdings has positioned itself as a next-generation fintech mortgage originator. Its primary vision is centered on digitizing the mortgage industry with AI tools, all while expanding its SaaS product suite. The efforts are shaped to make home loans effortless by providing users with instant access to rate quotes, approvals, and document uploads, all online and available 24/7. It takes into account the current challenges in the market, mainly influenced by products that were created decades ago.

The current mortgage products have remained largely unchanged since the 1970s, having been shaped and influenced by key events and key Acts, including, but not limited to, the founding of Freddie Mac, the 1975 Mortgage Disclosure Act, the introduction of adjustable-rate mortgages in the 1980s, and even the housing crisis of 2008 (https://ibn.fm/hkkvB). However, with the current growing population of millennials and Gen Z markets, an entire generation has grown up differently than when the current products were created, and they don’t work for them anymore, an aspect that Liuzza acknowledges.

“There are 75 million millennials out there…they grew up with smartphones. There’s 25 million Gen Z behind them,” noted Liuzza. “Almost a third of the population grew up differently than when the mortgage industry created their products back in the day. Enter Beeline, which has designed a brand and product to address this market with faster, better, more credible information, supporting a wider variety of products…that is consistent, accurate, and available 24/7, 365,” he added.

This focus has seen the company invest millions into the development of its product. Its biggest spend, according to Liuzza, has been on developing and creating to execute on its vision, an investment that led to the company entering 2025 with $7 million in debt. However, as of September 5, the company has since cleared off all its debts and is on track to go cashflow positive by the beginning of 2026.

“We entered 2025 with $7 million in debt. Our goal was to be debt-free by the end of 2025. We actually achieved that on September 5. We’re on our way to cash flow positive for Q1 2026,” noted Liuzza. “We have the tailwinds, and, now that we’re on track to go cashflow positive, we’ll look to fund that continued development through our earnings,” he added (https://ibn.fm/DVLlt).

As it works to modernize mortgage lending by aligning technology with the digital expectations of younger generations, including real estate investors as well as home buyers, Beeline Holdings is focused on having the customer experience at the heart of everything they do. By understanding pain points and fully appreciating the issues involved, they see themselves as building a product that resonates with customers and fills a gap that most companies in its space have failed to address for years, representing a tremendous opportunity for growth.

To listen to the full episode, please visit: https://ibn.fm/KV2XX

For company information, visit the company’s website at www.MakeABeeline.com.

NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company’s newsroom at https://ibn.fm/BLNE

• The financing initiatives underscore a disciplined approach to capital management at a critical stage for Soligenix.
• The company’s leadership has emphasized that this strengthened balance sheet allows Soligenix to focus on execution rather than financing.
• SNGX has outlined a timeline of catalysts extending through the end of 2026.

Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company focused on rare diseases and biodefense programs, continues to fortify its financial position as it advances toward a series of pivotal and potentially transformational milestones. Following a series of strategic capital initiatives, including a $7.5 million public offering (https://ibn.fm/QKXcv), the company now reports a cash runway extending through the end of 2026, providing the resources needed to reach key clinical and regulatory inflection points across its diversified pipeline.

The financing initiatives underscore a disciplined approach to capital management at a critical stage for Soligenix, whose portfolio includes both late-stage therapeutics and vaccine candidates addressing high-unmet-need indications. With the recent financing in place, the company anticipates it will have sufficient capital to fund operations through multiple expected catalysts, including clinical updates, regulatory interactions and potential partnership opportunities. Soligenix noted that these moves were designed to reduce short-term funding pressure while preserving shareholder value amid ongoing progress in its core programs.

In the company’s announcement of the $7.5 million raise, Soligenix detailed that it issued approximately 5.56 million shares (or common-stock equivalents) and accompanying warrants at $1.35 per unit, generating gross proceeds of roughly $7.5 million before fees. The financing also involved amendments to prior warrants from 2023 and 2024, standardizing terms and improving future capital flexibility. The company’s leadership has emphasized that this strengthened balance sheet allows Soligenix to focus on execution rather than financing, ensuring operational continuity through expected value-creating milestones.

That stability is especially important given the potential embedded in Soligenix’s development pipeline. The company has outlined a timeline of catalysts extending through 2026 (https://ibn.fm/MtsAv). These include progress on its lead candidate HyBryte(TM) (synthetic hypericin) for cutaneous T-cell lymphoma (“CTCL”), SGX302 for psoriasis, SGX945 for Behçet’s disease, and SGX942 for oral mucositis in head and neck cancer. HyBryte, which has already achieved positive phase 3 results, remains the company’s anchor asset, with regulatory and commercialization preparations highlighted as near-term objectives.

Soligenix’s Public Health Solutions segment represents another key value stream. This division develops heat-stable vaccines and biodefense countermeasures using the company’s proprietary ThermoVax(R) platform. Its pipeline includes RiVax(R), a ricin toxin vaccine candidate that has been supported by multiple U.S. government contracts, as well as preclinical work on vaccine candidates for Ebola, Marburg and COVID–19. Collectively, these programs represent dual potential: near-term catalysts in rare-disease therapeutics and long-term value from government partnerships in biodefense.

With a financial runway now extending through 2026, Soligenix is strategically positioned to reach a convergence of data readouts, regulatory submissions and partnering opportunities without immediate dilution risk. For a development-stage biotech, this level of operational visibility provides a competitive advantage in both execution and investor confidence. The strengthened cash position also enables continued progress on clinical manufacturing, commercial readiness and global licensing initiatives, areas that typically require uninterrupted funding through regulatory transition phases.

Beyond the numbers, the company’s financial moves also suggest a broader maturation of its capital strategy. By aligning financing events with expected milestone timelines, Soligenix is signaling to the market that it intends to balance clinical progress with disciplined financial stewardship. This alignment between cash runway and value-driver cadence gives analysts and investors a clearer view of how upcoming catalysts could translate into enterprise growth.

Looking ahead, Soligenix’s combination of diversified programs, government-backed partnerships and an extended financial horizon presents a cohesive story of measured progress and high scientific potential. With cash resources projected to sustain operations through anticipated inflection points in 2026, the company is positioned to focus on what matters most: advancing late-stage assets toward market-ready outcomes.

For more information, visit www.Soligenix.com.

NOTE TO INVESTORS: The latest news and updates relating to SNGX are available in the company’s newsroom at https://IBN.fm/SNGX

• A recent Simply Wall St analysis highlighted strong earnings growth and efficient profit reinvestment for SuperCom Ltd., with the company’s stock rising 22% over the past three months, reflecting renewed investor confidence.
• The company achieved 97% earnings growth year-on-year, far outpacing both industry and market averages, with five-year earnings growth standing at 45%, compared to 15% for the broader industry.
• SuperCom reinvests profits instead of paying dividends, channeling funds into its PureSecurity(TM) electronic monitoring platform and new market entries, allowing SuperCom’s return on equity (“ROE”) of 8.1% to align with industry norms while supporting consistent expansion.

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, has drawn positive attention from analysts at Simply Wall St, which noted the company’s consistent earnings growth and improving fundamentals amid a period of stock strength (https://ibn.fm/Z862K).

Over the past quarter, SuperCom’s shares have climbed by more than 20%, supported by operational gains and continued adoption of its technology in the U.S. and Europe. The analysis points to the company’s ability to translate reinvested profits into sustained income growth, a trend that has differentiated it within its sector.

Simply Wall St’s evaluation focused on return on equity (“ROE”) as a measure of management efficiency. ROE indicates how effectively a company converts shareholder equity into profit. SuperCom’s ROE stood at 8.1% for the 12 months to June 2025, based on net income of approximately $3.0 million and shareholders’ equity of $37 million. While this figure is modest, it is broadly in line with the industry average of 9.7%.

The report further underlines that SuperCom’s performance has been notable for its rapid earnings expansion. Over the past five years, the company’s net income grew 45%, triple the 15% growth rate seen across comparable industry peers. Over the most recent fiscal year, earnings increased by 97%, compared to 4% growth across the broader industry and 9% across the general market. This combination of moderate capital efficiency and strong reinvestment discipline has contributed to the company’s improving market profile.

According to the Simply Wall St report, SuperCom’s growth trajectory has been supported by its decision to reinvest all profits into operations rather than distribute dividends. This reinvestment strategy has allowed the company to strengthen its core technologies, expand its geographic reach, and secure a series of new contracts, particularly in the electronic monitoring (“EM”) sector.

While earnings growth is often linked to high ROE, SuperCom’s performance suggests additional drivers at play, notably strategic execution, low payout ratios, and focused investment in scalable technologies. The report notes that management decisions appear to have amplified the effects of modest equity returns by prioritizing growth and cost discipline.

SuperCom’s earnings momentum is closely tied to its expansion in public safety and offender monitoring solutions. The company’s flagship PureSecurity(TM) suite integrates GPS, RFID, and cloud-based monitoring into a modular platform for various law enforcement and correctional applications.

• PureMonitor(TM), a cloud-based software hub for real-time supervision.
• PureOne(TM), a one-piece GPS bracelet for continuous tracking indoors and outdoors.
• PureCom(TM), a radio frequency (“RF”) base station for house arrest programs.
• PureTag(TM), a compact RF bracelet compatible with other PureSecurity components.
• PureTrack(TM), a smartphone-based GPS tracking system paired with the PureTag solution.
• PureShield(TM) (U.S.) and PureProtect(TM) (EU), mobile apps that improve the safety of domestic violence victims through proximity alerts.
• PureBeacon(TM), an RF device for indoor surveillance in environments where GPS signals are limited.
• PureReader(TM), used for monitoring inmate movements within detention centers.

These systems are designed to provide courts and agencies with actionable real-time data, improving supervision outcomes and enhancing public safety. The company’s technology is already in use across the U.S. and Europe, including multi-year contracts in Sweden, Germany, and Romania, where legacy systems are being replaced by SuperCom’s cloud-based infrastructure.

SuperCom’s business model aligns with a growing global focus on rehabilitation-based justice systems and digital transformation in public safety management. Research supports the effectiveness of electronic monitoring:

• In Argentina, EM reduced one-year recidivism by 48% (Di Tella & Schargrodsky, 2013) (https://ibn.fm/oszmo).
• In Australia, it lowered two-year reoffending rates by 28% (Williams & Weatherburn, 2020) (https://ibn.fm/LBai9).
• In France, EM reduced five-year recidivism by 10% (Henneguelle et al., 2016) (https://ibn.fm/zvZbb).

These findings underline the social and economic value of monitoring solutions — reducing incarceration costs while supporting rehabilitation.

SuperCom’s stock performance over recent months may also reflect renewed confidence in its U.S. operations, where the company continues to secure new contracts through its PureSecurity(TM) reseller network. In recent announcements, SuperCom reported multiple state-level wins, including deployments in Virginia, Kentucky, and Utah, as part of a broader North American growth strategy.

The Simply Wall St review highlights SuperCom’s earnings growth far exceeding industry norms, indicating efficient use of reinvested capital. The Simply Wall St coverage underscores improving fundamentals, a strong earnings record and disciplined reinvestment strategy. With continued focus on reinvesting earnings, while strengthening its presence in key markets, SuperCom is viewed as well-positioned to maintain its growth momentum.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at https://ibn.fm/SPCB

• Soligenix revealed updates to its U.S. Medical Advisory Board for CTCL designed to support the clinical advancement of HyBryte(TM) (synthetic hypericin) and related therapies.
• These changes are timely given the complexities of CTCL and the evolving therapeutic landscape.
• The company’s decision to refresh its CTCL advisory team reflects a recognition that commercialization preparation in the CTCL space, evolving regulatory expectations and the need for robust trial designs demand expert insight.

Soligenix (NASDAQ: SNGX), a clinical-stage biotechnology company focused on rare diseases and public health solutions, has rejuvenated its U.S. Medical Advisory Board for cutaneous T-cell lymphoma (“CTCL”), placing fresh expertise and leadership at the center of its HyBryte(TM) development program (https://ibn.fm/ueKOC). This strategic move signals the company’s deepening commitment to advancing its pipeline agents in CTCL and aligning clinical strategy with evolving standards of care.

Soligenix revealed updates to its U.S. Medical Advisory Board for CTCL designed to support the clinical advancement of HyBryte (synthetic hypericin) and related therapies; specifically, the updates include the addition of new members and the retirement of prior advisors. The company noted that the updated board reflects growing scientific insight into CTCL treatment pathways and is intended to enhance the translational and clinical strategic guidance for HyBryte’s potential regulatory and commercial trajectory.

“We are pleased to be able to attract such esteemed and enthusiastic professionals to participate as members of our Medical Advisory Board,” said Soligenix president and CEO Christopher J. Schaber. “Many of the MAB members have experience treating patients with HyBryte and have been invaluable to the program. We are excited to continue to work with them to facilitate the advancement of HyBryte to commercialization worldwide.” According to the company, the newly configured advisory board will provide counsel on pivotal trial design, regulatory engagement and potential strategic partnerships in CTCL.

These changes are timely given the complexities of CTCL and the evolving therapeutic landscape. CTCL is a rare form of non-Hodgkin lymphoma that primarily affects the skin and is characterized by malignant T-cells residing in the skin for prolonged periods. The condition can progress from patches and plaques to tumors, and in advanced stages may involve lymph nodes or internal organs.

According to the Lymphoma Research Foundation, around 3,000 new cases of CTCL are diagnosed in the U.S. annually, and the disease remains incurable (https://ibn.fm/op83a). Treatment options include skin-directed therapies, systemic agents, biologics and recently approved targeted therapies, but unmet needs persist, especially for relapsed or refractory disease and in patients who progress despite available options. The highly heterogeneous nature of CTCL and its variable course make clinical development particularly challenging.

In that context, the role of a strong and relevant Medical Advisory Board becomes crucial. Soligenix’s decision to refresh its CTCL advisory team reflects a recognition that commercialization preparation in the CTCL space, evolving regulatory expectations and the need for robust trial designs demand expert insight. The updated advisory board is expected to advise on patient population definitions, endpoint selection, dose optimization, long-term follow-up strategies and potential label positioning. For HyBryte, which has already demonstrated positive results in its first Phase 3 clinical trial, having an advisory board closely aligned with specialist clinicians and thought leaders may accelerate registration pathways, refine patient-selection strategies and support market-access planning.

Moreover, the timing aligns with Soligenix’s broader pipeline strategy. The company has noted that HyBryte is a lead value driver, with its next expected inflection points including data read-out and regulatory engagement in the 2025–2026 timeframe (https://ibn.fm/84p9u). By updating its advisory board now, Soligenix is aligning its governance and clinical strategy ahead of those anticipated milestones, positioning itself for disciplined execution and clearer regulatory dialogue.

Experts in CTCL treatment emphasize the importance of strategic collaborations and advisory input in rare-disease trials. Given the low incidence of CTCL and diversity of disease presentation, engaging a board with recognized clinical experience in cutaneous lymphoma, dermatology-oncology interplay and regulatory mindset can enhance trial recruitment, endpoint relevance and payer discussions post approval. Soligenix’s updated board may also contribute insight into combinatorial strategies, development of biomarker-driven patient subgroups and incorporation of patient-reported outcomes, all of which are increasingly emphasized by regulatory authorities and payers in rare-disease drug development.

From an investor vantage point, this advisory board update signals that Soligenix is not only advancing its HyBryte therapy but also refining the infrastructure around it, an often underrated aspect of clinical-stage biotech execution. With an extended cash runway, thanks in part to a recent $7.5 million public offering (https://ibn.fm/QKXcv) and a refreshed advisory board guiding its CTCL strategy, the company looks to be better positioned as it moves forward.

The company’s update to its U.S. Medical Advisory Board for CTCL reflects strategic alignment with the complex and evolving CTCL therapeutic landscape. With HyBryte as a core value driver and a clinical development timetable that points into 2026, the company is actively preparing the frameworks, both scientific and regulatory, for advancement and potential commercialization. As CTCL remains an area of considerable unmet need, Soligenix’s refreshed advisory board may serve as a differentiator in successfully navigating that terrain.

For more information, visit www.Soligenix.com.

NOTE TO INVESTORS: The latest news and updates relating to SNGX are available in the company’s newsroom at https://IBN.fm/SNGX

• The company revealed the trial at the Australia Translational Breast Cancer Research Symposium (“ATBCR”)
• Sapu-003 is an injectable formulation of Everolimus (Afinitor(R)), which aims to offer higher bioavailability and better efficacy than oral versions of the drug
• The trial is conducted alongside partners like the Southern Oncology Clinical Research Unit (“SOCRU”), Ingenū, and Medicilon

Sapu Nano, which is in the Sapu family of companies, which was through GMP Biotechnology Limited, a joint venture between Oncotelic Therapeutics, Inc. (OTCQB: OTLC) and Dragon Overseas Capital Limited, recently revealed the company’s first in-human clinical trial of Sapu-003.

The announcement occurred at the Australian Translational Breast Cancer Research Symposium (“ATBCR”).

Sapu-003 is the first IV Deciparticle(TM) formulation of Everolimus (Afinitor(R)), which is an mTOR inhibitor that’s widely used in oncology to treat various forms of cancer. While oral Everolimus (Afinitor(R)) is effective at treating breast cancer, neuroendocrine tumors, and renal cell carcinoma, broader use has been inhibited due to its low bioavailability and variable systemic exposure.

In contrast, Sapu-003 aims to offer much higher bioavailability, which will allow more of the drug to enter the patient’s system.

The Sapu-003 trial is being conducted in collaboration with the Southern Oncology Clinical Research Unit (“SOCRU”), Ingenū, and Medicilon. These partnerships ensure that the clinical trial is executed precisely, aligns with regulations compliance, and to manage and monitor all aspects of the trial for favorable outcome.

This trial (ACTRN12625001083482) is open to leading oncology centers for enrollment. The eligible participants include both adults with advanced HR+/HER2– breast cancer and those with other mTOR-sensitive tumors that have already tried other standard therapies.

When speaking about Sapu-003 and the trial, CEO of Sapu Nano, Dr. Vuong Trieu said that “Sapu-003 represents a significant advancement in the delivery of mTOR-targeted therapies,”. He also added that “Through the combined expertise of SOCRU, Ingenū, and Medicilon, we are positioned to accelerate development and bring this next-generation treatment option to patients with advanced cancers.” 

Oncotelic Therapeutics is a clinical-stage biopharmaceutical company dedicated to developing therapeutics to help fight cancer and pediatric diseases with high unmet medical needs. Oncotelic leverages the portfolio of inventions by its CEO, Dr. Vuong Trieu, who has filed over 500 patent applications with 75 issued patents. The company also enhances its capabilities through strategic partnerships, licensing, and joint ventures — notably its 45% ownership of GMP Bio, led by Dr. Trieu, which is advancing complementary drug candidates that strengthen Oncotelic’s leadership in therapeutics.

For more information, visit the company’s website at www.Oncotelic.com.

NOTE TO INVESTORS: The latest news and updates relating to OTLC are available in the company’s newsroom at ibn.fm/OTLC