Appia Announces Engagement of Marketing Firm ShareholdersIPR LLC, Update for PCH Transaction, and Acceleration of 2025 Warrants

Executive Summary

• Appia signed a 30‑day investor awareness campaign with ShareholdersIPR LLC (cost USD $2,950).
• Ultra Rare Earth Inc. will acquire a 50 % interest in Appia Brasil Rare Earths Mineracao Ltda and invest US $2 million via a private placement of 5,560,000 units at C$0.50 per unit, each unit including one common share and half a warrant (full warrant exercisable at C$0.70 for 24 months).
• Accelerated warrants issued in June 2025 will expire on 26‑27 Nov 2025 after the company’s share price met the acceleration trigger.

Key Details

• Investor Awareness Campaign – Agreement with ShareholdersIPR LLC (principal Thomas K. Shea) to produce a research report, disseminate via social media and post comments on press releases. Campaign to run 6‑Nov‑2025 through 5‑Dec‑2025; fee USD $2,950; no shares or options issued to the provider.
• Ultra Rare Earth Transaction – Binding term sheet dated 29‑Aug‑2025 governs Ultra’s acquisition of a 50 % stake in Appia Brasil (owner of the PCH Project in Goiás State, Brazil). Closing anticipated on 31‑Oct‑2025.
• Financing Component – Ultra to invest US $2 million in an Appia unit private placement:
• Units offered: 5,560,000
• Price per unit: C$0.50 (based on USD/CAD = 1.39)
• Unit composition: 1 common share (C$0.50) + ½ warrant (full warrant exercisable at C$0.70)
• Warrant term: 24 months from issuance
• Use of Proceeds – General working capital for Appia.
• Accelerated Warrants Expiration –
• 13,172,697 warrants (issued 24‑Jun‑2025) expire 26‑Nov‑2025, 5 PM ET.
• 1,706,250 warrants (issued 27‑Jun‑2025) expire 27‑Nov‑2025, 5 PM ET.
• Acceleration triggered by closing price ≥ C$0.25 for ten consecutive trading days as of 27‑Oct‑2025 (June 24 issue) and 28‑Oct‑2025 (June 27 issue).

Notable Quotes

• Tom Drivas, CEO & Director: “The partnership with Ultra Rare Earth and the accompanying private placement provide critical capital to advance our PCH Project while expanding strategic ownership. Our investor awareness campaign will further enhance market visibility as we move toward closing the transaction.”