Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

New Age Metals Provides A 2026 Go Forward Plan And A Summary 2025 Chairmans Message

Sprott-Backed Pivot: New Age Metals Capitalizes on China Export Bans and Gold Rallies to Transform Portfolio

Executive Summary

The news release dated January 7, 2026, serves as a retrospective on 2025 and a strategic outlook for 2026. Key highlights include a 350% share price appreciation over the 2025 calendar year, the acquisition of 12 new properties, and the successful raising of $4.0 million in capital, primarily anchored by Eric Sprott. For 2026, management intends to continue an "acquisition-focused strategy" targeting critical metals (Lithium, Antimony, Copper) and precious metals (Gold, Silver, PGMs), positioning the company as a "project generator."

Material Impact

The impact of the most recent news is material in terms of sentiment validation but routine in terms of operational disclosure. - Strategic Validation: The 2025 recap confirms that the company successfully transitioned from a stagnant PGM explorer into a high-activity multi-commodity player. The $4 million raised in late 2025 provides the necessary runway for the 2026 exploration budgets. - Consistency: The 2026 plan is in line with the "Project Generator" model established in previous releases. However, the move into 12 new properties in a single year raises concerns regarding "diworsification" and the ability of a small technical team to focus effectively on any single "flagship" discovery. - Sprott Factor: The most material underlying fact is the 37.4% (partially diluted) ownership by Eric Sprott. This provides a "floor" to the stock and suggests a high level of due diligence from a sophisticated mining investor, though it also creates significant concentration risk.

NAM · Price
Company Overview

New Age Metals operates under a project generator model with three main divisions: 1. Platinum Group Metals: Flagship River Valley Palladium Project (Sudbury, Ontario). One of North America's largest undeveloped PGM resources (2.3 Moz M&I). Relaunching in 2026 due to PGM price recovery. 2. Lithium/Rare Elements: Large landholding in Manitoba, partnered with Mineral Resources Ltd. (MinRes). 3. Gold-Antimony: Rapidly expanded in 2025 across Newfoundland and Kenora (Ontario), capitalizing on high gold prices and China's export restrictions on Antimony.

Read the original news release →

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