Military Metals Announces Buyback of 1% Royalty on Slovakian Portfolio

Executive Summary

• Military Metals Corp. exercised its buy‑back right and retired a 1 % net smelter royalty (NSR) on three Slovakian mineral properties, making the assets royalty‑free.
• The transaction required a one‑time cash payment of CAD $162,800, improving the economics of the flagship Trojarová Antimony‑Gold Project and related assets.
• Management indicated that the buyback provides greater financial flexibility as it advances exploration, with a Mineral Resource Estimate for Trojarová expected later this quarter.

Key Details

• Properties affected: Trojarová Antimony‑Gold Project (flagship), Tiennesgrund Antimony‑Gold Project, Medvedi Potok Tin Project – all now royalty‑free.
• Consideration paid: CAD $162,800 cash (one‑time payment).
• Transaction mechanism: Exercised NSR buyback right pursuant to a share purchase agreement entered into by the Company’s wholly‑owned subsidiary.
• Strategic rationale: Eliminates future royalty obligations, enhances project economics, and provides greater financial flexibility for ongoing exploration and development.
• Future milestones: Initial drill results from Trojarová already in hand; a Mineral Resource Estimate is expected to be completed later this quarter.
• Management comment: CEO Scott Eldridge highlighted the timing as “opportune” given existing drill data and upcoming resource work, emphasizing the benefit to shareholders.

Notable Quotes

“We are very pleased to have completed the buyback of the NSR royalty on our Slovakian assets… This strategic acquisition eliminates future royalty obligations and is intended to provide Military Metals greater financial flexibility as we advance these properties.” – Scott Eldridge, CEO & Director

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