Announcement • Aug 11
Element 29 Resources Inc. announced that it has received CAD 12 million in funding On August 10, 2026, Element 29 Resources Inc. has closed the transaction. In connection with the Financing and in accordance with the policies of the TSX Venture Exchange, the Company paid aggregate cash finder's fees totaling CAD 405,396.92.The Shares issued pursuant to the Financing will be subject to a statutory four-month-and-one-day hold period expiring on December 11, 2026. Announcement • Aug 01
Element 29 Resources Inc. announced that it expects to receive CAD 12 million in funding Element 29 Resources Inc. announced a non-brokered private placement to issue 7,272,727 common shares of the Company at a price of CAD 1.65 per Share for aggregate gross proceeds to the Company of CAD 11,999,999.55 on July 31, 2026. The transaction is fully committed with participation from strategic investors. The Company may compensate certain finders a cash fee equal to 7% of the aggregate gross proceeds raised from subscriptions under the financing arranged by such finders. The financing remains subject to final acceptance by the TSX Venture Exchange. All securities issued pursuant to the financing will be subject to a statutory four-month-and-one-day hold period from the date of issuance. Announcement • Jul 24
Element 29 Resources Inc. Announces Assay Results from Three Drill Holes, Including the Extension of ELID035 Element 29 Resources Inc. announced assay results from three drill holes, including the extension of ELID035, as part of its ongoing diamond drilling program at its Elida Porphyry Copper ("Cu") - Molybdenum ("Mo") - Silver ("Ag") Deposit
("Elida" or the "Property") in central Perú. Elida continues to deliver long intercepts of Cu-Mo-Ag mineralization, with ELID035 returning the longest continuous interval of mineralization drilled to date, extending from near surface to a vertical depth of
more than 1,500 m., well beyond the limits of the current Mineral Resource Estimate¹, reinforcing the potential for further Mineral Resource expansion. Reported intercepts represent downhole lengths; true widths are not known at this time. ELID035 was originally drilled to a depth of 979.0 m (Table 1), where it was terminated for operational reasons while still in mineralization. The hole was subsequently extended to a final depth of 1,591.2 m and returned the longest continuous mineralized interval to date at Elida, intersecting 1,534.6 m grading 0.58% CuEq² (0.34% Cu, 0.064% Mo, 2.56 g/t Ag) from the bedrock surface at 56.6 m depth to the end of hole (Table 2). This includes 1,071.5 m grading 0.61% CuEq² (0.34% Cu, 0.073% Mo, and 2.18 g/t Ag) from 520.2 m to the end of hole, extending mineralization more than 1,000 m beyond the limits of the
current Mineral Resource Estimate¹. The hole also intersected 508.0 m grading 0.64% CuEq² (0.4% Cu, 0.066% Mo, 2.42 g/t Ag) from 1,083.2 m to the end of hole, including 186.8 m grading 0.77% CuEq² (0.50% Cu, 0.076% Mo, and 3.00 g/t Ag) from 1,257.5 m to 1,444.3 m depth. These deeper, higher-grade intervals are spatially associated with a large low-resistivity magnetotelluric geophysical anomaly that also coincides with the deep, higher-grade mineralization intersected in hole ELID037 (refer to news release - January 26, 2026). Together, these holes demonstrate continuity of the mineralized system at depth, highlighting the potential for Mineral Resource expansion in this area.