Announcement • May 06
Adelayde Exploration Inc Commences Work Program on George Lake South Antimony Tungsten Project Adelayde Exploration Inc. announced that the work program encompassing a helicopter aeromagnetic/radiometric/VLF survey on the Company's George Lake South Antimony Tungsten Project in New Brunswick is now underway. Critical minerals such as antimony and tungsten have become increasingly important as nations and industries focus on securing reliable domestic supply and reducing reliance on overseas producers. As global supply remains concentrated in only a few regions and demand expands across defense, clean energy, and high-tech manufacturing, these critical materials are playing an ever more essential role in economic and national security. Antimony is an essential component in semiconductors and battery storage technology and has several military applications. As trade tensions escalate between China and the United States, where access to raw material units is already tight, restrictions on critical mineral exports from China clearly emphasize the urgent need for Western nations to secure reliable long-term sources of these critical minerals, which are now at the forefront of the global supply chain crisis. In recent news announced on April 27, 2026, Adelayde commenced work on the Sisson North tungsten project, which directly borders the Sisson Tungsten Mine in New Brunswick. On November 13, the Sisson Tungsten Mine was selected by the Prime Minister of Canada, Mark Carney, as one of the first Nation-Building Projects. Additionally, on August 7, 2025, Northcliff Resources Ltd. announced it secured approximately CAD 29 million in combined funding from the U.S. Department of Defense and the Canadian Government to advance its project. Management cautions that past results or discoveries on properties in proximity to Adelayde may not necessarily be indicative of the presence of mineralization on the Company's properties. New Risk • Apr 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (153% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.37m market cap, or US$3.20m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Dec 20
Adelayde Exploration Inc. announced that it has received CAD 2.027 million in funding On December 19, 2025, Adelayde Exploration Inc. closed the transaction. In connection with the offering, the company paid aggregate cash finders' fees of CAD 800 and issued 8,000 non-transferable non-flow-through share purchase warrants, with each non-flow-through finder warrant entitling the holder thereof to acquire one non-flow-through share at a price of CAD 0.20 per non-flow-through finder warrant share for a period of two years from the date of closing. 
