North Atlantic Titanium Corporate Update

Corporate Update and Trading Status

• US OTC Listing: Common shares will begin trading on the United States OTC market under symbol "NATQF" effective April 16, 2026.
• Metallurgical Status: Company is awaiting results from metallurgical collaboration with Romaine River Titanium Inc. and Elements08 Strategic Metals Excellence Centre.
• Future Exploration: A geometallurgical and diamond drilling program at the Everett titanium deposit will be designed following receipt of metallurgical results.

News Impact Analysis

• OTC Listing: Administrative change to trading venue; expands investor access but does not alter project fundamentals or asset value immediately. Market reaction (price drop from $0.12 to $0.10) suggests limited immediate enthusiasm for the listing alone.
• Metallurgical Update: "Awaiting results" is a neutral status update. It confirms no new assay data or resource estimates are available yet, maintaining the pre-existing risk profile regarding technical feasibility.
• Consistency with Expectations: The news aligns perfectly with the March 31 announcement (Phase 2 started). There are no surprises, misses, or beats relative to previous guidance.

Project Details

• Flagship Asset: Everett Titanium-Vanadium-Phosphorus Project.
• Location: Near Havre-Saint-Pierre, Quebec (approx. 40 km from town).
• Proximity: Located ~3 km from Rio Tinto’s Lac Tio titanium mine, providing infrastructure context and geological similarity.
• Mineralization: Hemo-ilmenite oxide body containing Titanium (Ti), Vanadium (V), Iron (Fe), Phosphorus (P), and potential Scandium (Sc).