Northwire Canada EditionMonday, July 27, 2026
Northwire
URC 4.01 −3.8% BEX 0.085 +6.2% SUM 1.33 +0.8% FMN 0.270 +10.2% PHNM 0.400 +11.1% HDRO 1.11 −6.7% PWM 0.630 +0.0% LIO 0.150 +7.1% NTH 0.160 +1.6% ELEF 0.115 −8.0% DNO 0.430 +0.0% FPC 0.465 +1.1% SVRS 0.415 −2.4% CLV 0.120 +0.0% LXM 0.160 +6.7% TBK 0.305 −3.2% URC 4.01 −3.8% BEX 0.085 +6.2% SUM 1.33 +0.8% FMN 0.270 +10.2% PHNM 0.400 +11.1% HDRO 1.11 −6.7% PWM 0.630 +0.0% LIO 0.150 +7.1% NTH 0.160 +1.6% ELEF 0.115 −8.0% DNO 0.430 +0.0% FPC 0.465 +1.1% SVRS 0.415 −2.4% CLV 0.120 +0.0% LXM 0.160 +6.7% TBK 0.305 −3.2%

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Original News Release

Reflex to issue 2.8 million units for debt of $420,000

Mr. D.J. Bowen reports REFLEX ADVANCED ANNOUNCES CLOSING OF SECURITIES FOR DEBT TRANSACTION Further to the news release dated Jan. 20, 2026, Reflex Advanced Materials Corp. has closed the debt settlement transactions pursuant to debt settlement agreements with an officer and consultants of the company. Pursuant to the agreements, the company has agreed to settle debts in the aggregate amount of $420,000 through the issuance of 2.8 million units at a deemed price of 15 cents per unit, with each unit being composed of one common share in the capital of the company and one share purchase warrant. Each warrant is convertible into one share at a price of 20 cents for a period of two years. One of these agreements constitutes a related-party transaction as defined in Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions) as a company owned and controlled by an officer of the company is a party to the agreement. The company is relying on exemptions from the valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the transaction contemplated by the said agreement with the officer did not exceed 25 per cent of the company's market capitalization, as such term is defined in MI 61-101. The company did not file a material change report in respect of the related-party transaction at least 21 days before the closing of the agreements, which the company deems reasonable in the circumstances. The securities are subject to a hold period of four months and one day pursuant to applicable securities laws and policies of the Canadian Securities Exchange. About Reflex Advanced Materials Corp. Reflex is a mineral exploration company based in British Columbia. Its objective is to locate and, if warranted, develop economic mineral properties in the strategic metal and advanced material space. It is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. We seek Safe Harbor.
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