Nexcel Metals Agrees to Acquire 100% Stake in Northex Claims Covering 3,994 Hectares

• Nexcel Metals agreed on October 16, 2026, to acquire a 100% interest in two Northex mineral claims in New Brunswick, Canada.
• The claims comprise 180 mineral cells covering approximately 3,994 hectares surrounding the historic Burnt Hill tungsten mine claim.
• Completion will expand the Burnt Hill land position to approximately 12,598 hectares, more than eight times its original 1,553-hectare footprint.
• The acquisition supports exploration beyond the historic deposit as preparations advance for a fully permitted 5,000-meter drilling program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexcel Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610220600NEWSFILECNPR____20261022_320344_1) on October 22, 2026, and is solely responsible for the information contained therein.