Current October update · English technical context

证据、催化因素与已披露的投资参与方式。

The combined assay compilation covers 879 holes and 7,468.8 assayed metres at the 25 September 2026 cutoff. It includes prior results and complete or partial assay coverage; it is not all-new drilling or gross physical drilling.

MAV_RC_0063 returned 30 metres from surface at 1,853 ppm MREO. Selected cumulative auger profiles include 8 metres at 2,194 ppm MREO in MAV_AD_0691 and 11 metres at 2,179 ppm MREO in MAV_AD_0639.

Reporting of the SGS bench-scale results is the next milestone, after results reconciliation and technical review. No numerical results from this programme are disclosed here. An optimised flowsheet and commercial recovery have not been established; timing and outcomes are not guaranteed.

Older translated project chapters are retained below as dated context, not as the October update. Updated technical translation is not asserted.

Dated translated context · issued-source chapter through 8 September 2026

投资者中心

投资机会背后的证据。

443个已报告钻孔 · 3,628.8米化验钻探. 新增浅部及深部钻探数据,为地质建模提供更多证据。连续性、矿产资源及具代表性的冶金性能仍需验证。

2026年9月8日的披露将Magnes描述为Verde AgriTech全资拥有;未披露单独交易的Magnes证券。

Dated translated context · issued-source chapter through 8 September 2026

当前技术更新 · 2026年9月8日

443个钻孔。地表品位。深部新增证据。

MAV_AD_0375:自地表15米,TREO 1.15%,MREO 2,830 ppm。 MAV_RC_0012:从31米至60米孔底,29米区间,TREO 0.58%。

当前技术更新443

已报告钻孔 · 化验钻探米数: 3,628.8 m

新增139个螺旋钻孔及首批7个RC钻孔,共1,299米化验钻探。

新增浅部及深部钻探数据,为地质建模提供更多证据。连续性、矿产资源及具代表性的冶金性能仍需验证。

勘探阶段。化验值为原矿品位;区间为钻孔长度,真厚度尚未确定。这些结果不构成矿产资源、回收率或项目经济性。

Dated translated context · issued-source chapter through 8 September 2026

潜在价值拐点

从更多钻探到首次经济研究。

进一步钻探和化验为地质模型提供依据。建模和代表性冶金测试为资源量与 PEA 目标提供支持。

  1. 01 · 下一催化剂时间尚未披露

    进一步钻探结果

    检验更多钻孔和目标区的重复性、钻探几何形态、品位分布和连续性。

  2. 02 · 技术工作正在进行/计划中

    模型 + 代表性冶金测试

    在代表性物料上测试提取、变异性、选择性和质量平衡,同时构建可经受审查的地质矿化域。

  3. 03 · 条件性目标2026 年底前

    首次资源量估算

    依据 S-K 1300 和 NI 43-101 量化吨位、品位、几何形态与分类。

  4. 04 · 条件性目标2027 年上半年

    初步经济评价(PEA)

    将资源量、冶金、工程和经济假设纳入首个开发概念。

2026 年 6 月 16 日公布的管理层目标:在 2026 年底前完成首次资源量估算,并于 2027 年上半年完成 PEA;具体取决于结果及所需技术工作。

Ownership and investor access · English

How the disclosed investor-access structure works.

Magnes is Verde AgriTech's subsidiary. No separately traded Magnes security is disclosed. The current diagram is provided in English; an updated translation is not asserted.

Disclosed corporate relationship and investor access
Current access or ownership Corporate mandate Conditional or not yet determined
Current ownership and investor access A public-market investor can buy shares in Verde AgriTech. Magnes Rare Earths is Verde's subsidiary and was created to hold and advance the exploration-stage Minas Americas project. Magnes is not separately listed. INVESTOR Public-market investor Listed Verde shares No separate security current access LISTED PARENT Verde AgriTech Ltd. TSX: NPK OTCQX: VNPKF subsidiary RARE-EARTH PLATFORM Magnes Rare Earths Verde's subsidiary Not separately listed created to hold + advance PROJECT Minas Americas Exploration stage Minas Gerais, Brazil Current ownership and investor access A public-market investor can buy shares in Verde AgriTech. Magnes Rare Earths is Verde's subsidiary and was created to hold and advance the exploration-stage Minas Americas project. Magnes is not separately listed. INVESTOR Public-market investor Listed Verde shares No Magnes security disclosed invests in LISTED PARENT Verde AgriTech Ltd. TSX: NPK · OTCQX: VNPKF subsidiary RARE-EARTH PLATFORM Magnes Rare Earths Verde's subsidiary Not separately listed created to hold + advance PROJECT Minas Americas Exploration stage Minas Gerais, Brazil
Investor consequence today

An investment in Verde is exposure to Verde as a whole, including its Magnes subsidiary. It is not a pure-play investment in Minas Americas.

Sources: Magnes Rare Earths news release, 8 September 2026; Verde AgriTech formation update, 20 May 2026. This diagram does not establish the registered mineral-title chain. Minas Americas remains at exploration stage; no mineral resource, mineral reserve, project economics or development decision has been disclosed.

当前计划资金披露

母公司披露描述了对该计划的融资支持。

母公司报告称,2026 年融资的拟定用途包括支持 Minas Americas 钻探、冶金测试和技术去风险,同时用于营运资金和一般公司用途。

未披露单独的 Magnes 预算、专项划拨资金金额或资金可支撑期限。母公司层面的流动性和债务不构成对 Magnes 的资金承诺,未来工作可能需要额外资本,并可能带来稀释或结构性影响。

融资决策可能影响计划进度、所有权和稀释。

领导层融资履历

C$151M+

原公司累计获得资本总额。

C$74.1M
累计股权融资现金总额
C$77.3M
累计银行提款总额

这是 Cristiano Veloso 领导下 Amazon Mining/Verde 的历史记录——并非 Magnes 现金、当前可用资金、项目融资、资本支出或融资承诺。

了解资本纪律

前面五个测试

下一阶段必须做到什么。

  • 资源量定义必须将不断增长的钻探记录转化为符合规范的吨位、品位和连续性估算。
  • 代表性冶金测试必须验证提取、变异性、杂质和质量平衡。
  • 产品定义和分离必须建立通往可计价产品的可信路径。
  • 许可、基础设施和开发设计将决定成本和进度。
  • 执行需要资本、批准和有利的市场状况。
技术披露