Northwire Canada EditionThursday, July 16, 2026
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SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% CAM 0.330 −1.5% SYH 0.395 −2.5% LOT 0.040 +0.0% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% CAM 0.330 −1.5% SYH 0.395 −2.5% LOT 0.040 +0.0%
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Beyond Minerals Completes Final Option Payments to Acquire 100% Interest in Ear Falls Project and Files Amended Offering Document for LIFE Offering

Exploring critical minerals across Canada

Executive Summary

Beyond Minerals completed the final payments under its option agreement for the Ear Falls spodumene project, issuing 78,800 common shares plus C$29,500 cash to acquire a 100% undivided interest subject to a 2.0% NSR royalty (with an option to repurchase half the royalty for $1.2M). The company filed an amended private‑placement offering under the Listed Issuer Financing Exemption (LIFE) of up to 12,000,000 units at C$0.05 per unit – each unit comprises one common share and a half warrant exercisable at $0.10 for 24 months targeting gross proceeds of up to C$600,000 (minimum raise C$200,000). The release also outlined the 2026 exploration program: grid‑based biogeochemical surveys and line work on Ear Falls; systematic mapping and geochemistry at Owl Creek porphyry BC; follow‑up sampling around Fenwick Sill for Rare One REE. Field crews are secured with launch anticipated by end of April 2026.

Material Impact

The news represents the execution of previously disclosed steps: final option payment to secure Ear Falls and a routine financing round that had been announced in February 2026 (LIFE offering). No surprise element or material deviation from expectations is evident. The acquisition adds full ownership but retains a royalty burden, while the modest C$600k raise provides working capital rather than transformative funding. Consequently the impact is incremental and positive – securing the asset and ensuring near‑term liquidity without altering the company’s fundamental outlook.

BY · Price
Company Overview

Beyond Minerals Inc. (formerly Beyond Lithium) is a Canadian mineral exploration company focused on critical minerals – lithium, rare earth elements, copper‑molybdenum gold projects in Ontario and British Columbia. * Ear Falls Spodumene Project (Ontario): 100% owned after final option payment; subject to a 2% NSR royalty (buy‑down to 1% possible for $1.2M). Historical grab samples up to 4.54% Li₂O; channel assays returned 0.54% Li₂O over 9.5 m and 1.88% Li₂O over 1 m. * Owl Creek Porphyry Project (BC): Covers ~1,566 ha within the Cascade Magmatic Arc; historical drill hole intersected 91.4 m @ 0.40% Cu and 0.029% Mo. Mineral claim fully approved Dec 2 2025. * Rare One REE Project (BC): >5,900 ha, 100% owned; historical soil/stream sampling identified light REE anomalies (La, Pr, Ce, Nd); ongoing digitization of legacy data and planned intensified sampling.

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