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Day: December 20, 2025

Intercont (Cayman) Limited Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

HONG KONG, Dec. 19, 2025 (GLOBE NEWSWIRE) — Intercont (Cayman) Limited (“NCT”, the “Company”, or “we”) (NASDAQ: NCT), a global carbon-neutral shipping company, today announced that, on December 15, 2025, the Company received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). The Notification Letter is based upon the fact that the closing bid price of the Company’s ordinary shares (“Ordinary Shares”) was below $1.00 per share for a period of 30 consecutive business days from October 31, 2025 to December 12, 2025. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt...

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Mustang Energy Corp. Announces Non-Brokered Flow-Through Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 19, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce a non-brokered private placement for aggregate gross proceeds of C$180,000 from the sale of 2,000,000 critical flow-through units of the Company (each, an “FT Unit”) at a price of C$0.09 per FT Unit (the “Offering”). Each FT Unit will consist of one common share of the Company issued on a “flow-through” basis pursuant to the Income Tax Act (Canada) (each, an “FT Share”) and one half of one transferable common share purchase warrant (each, an “FT Warrant”), with each whole FT Warrant entitling the holder to purchase one common share of the Company (each, a “Warrant Share”)...

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Ero Files Technical Report for the Xavantina Operations

VANCOUVER, British Columbia, Dec. 19, 2025 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce the filing of its Technical Report for the Xavantina Operations related to the update on its National Instrument 43-101 compliant mineral reserve and resource estimate previously announced on November 4, 2025. The Technical Report was prepared in accordance with the Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and can be found on the Company’s website (www.ero.com) and on SEDAR+ (www.sedarplus.ca). A copy of the Technical Report will also be filed on EDGAR (www.sec.gov). ABOUT ERO Ero is a Brazil-focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered...

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SONORO GOLD RESPONDS TO FALSE ALLEGATIONS REGARDING PERMIT FOR CERRO CALICHE PROJECT

VANCOUVER, Canada, Dec. 19, 2025 (GLOBE NEWSWIRE) — Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) responds to inaccurate rumors circulating online and published by a certain Mexican media outlet regarding the Environmental Impact Statement, or Manifestacion de Impacto Ambiental (“MIA”) for the Company’s Cerro Caliche gold project. Claims that the project’s MIA has been denied or that the Company has failed to disclose such material information are false and misleading. As disclosed in the Company’s News Release dated July 9, 2025, a revised MIA for the Cerro Caliche project was submitted in February 2025, superseding the initial MIA submitted in May 2022. The Company confirms that its current MIA submission for the Cerro Caliche project is under review by the Mexican federal permitting authority,...

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A.I.S. Resources Closes Non-Brokered Private Placement & Provides Corporate Update

VANCOUVER, British Columbia, Dec. 19, 2025 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSXV: AIS, OTC- PINK: AISSF) (“AIS” or the “Company”) announces that on September 29, 2025 the Company closed its non-brokered private placement of 2,700,000 shares (“Shares”) at a price of $0.03 per share for gross proceeds of $81,000 (the “Private Placement”). The Company decided not to proceed with further tranches of the Private Placement. Proceeds of the private placement were used for audit fees and general office expenses. There are no proposed payments to non-arm’s length parties of the Company, and to persons conducting Investor Relations activities. No finders fees are payable. Closing of the Private Placement is subject to final acceptance by the TSX Venture Exchange. All securities issued in connection with the Private Placement...

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Launchpad Cadenza Acquisition Corp I Completes $230,000,000 Initial Public Offering

New York, NY, Dec. 19, 2025 (GLOBE NEWSWIRE) — Launchpad Cadenza Acquisition Corp I (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000. The Company’s units began trading on December 18, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “LPCVU.” Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share, subject to certain adjustment. No fractional warrants will...

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