April 11, 2025 – Toronto, Canada -- CVMR Corporation (CVMR®) is pleased to announce that, on April 4, 2025, its subsidiary CVMR (Albania) received a license from the Albanian Investment Development Agency (AIDA) to establish the first nickel refinery in Albania. This milestone follows the encouragement of the Prime Minister, the Right Honourable Edi Rama, the Deputy Prime Minister, the Honourable Belinda Balluku, and the support of Mr. Nuri Belba, Mayor of Prrenjas.

Vijayawada, Andhra Pradesh, India – 13 March 2025; CVMR®’s Chairman and CEO and its Indian executives, in a landmark move, met with Honourable Chief Minister of Andhra Pradesh Nara Chandrababu Naidu and senior administrative leadership team at their offices in Vijayawada, Andhra Pradesh. This marks CVMR®’s extended interest in the Indian market by initiating its third project in this country. CVMR®’s first project for production of iron powders is successfully underway and is expected to be commissioned by December 2025. The Joint Venture with Maheshwari Mining, extends the reach of CVMR®’s Indian mining capabilities substantially, and now by setting up its first High Purity Nickel plant, leveraging its patented transformative vapour metallurgy technology CVMR® has shown its conviction in the streagth and growth potential of Indian industries such as aerospace, EV batteries, automotive, electronics, 3D printing and injection moulding. CVMR®’s nickel project will be producing 10,000 tonnes per annum of high-purity nickel intended primarily for consumption by the high growth manufacturing sector across India.

4th March : CVMR Corporation, Canada and Maheshwari Mining PrivateLimited,(MMPL) India Kolkata is pleased to announce that they have reached anagreement to form a Strategic Joint Venture on 12th February 2025. This jointventure is strategically poised to address the burgeoning need for critical and energytransition minerals, which are essential for various high-tech industries and the shifttowards sustainable energy solution.

Michael Hargett president of CVMR (USA) and Kamran M. Khozan Chairman and CEO of CVMR Corporation and CVMR (Texas) viewing the property in Amarillo, Texas, on the 19th of November 2024. This is where the new refineries of nickel and REE will be built, based on CVMR’s proprietary refining technologies.

On Monday, 18th of November 2024, officials of CVMR (Texas) Inc. met with the members of the Amarillo Economic Development Committe (EDC), to prepare for the groundbreaking of the first phase of the CVMR refinery, producing 10,000 tpa high purity nickel powders and nickel nano powders based on CVMR’s proprietary powder metallurgy processes and technologies.

Kamran M. Khozan, Chairman and CEO of CVMR group of companies, had the honour of visiting the Right Honourable Matamela Cyril Ramaphosa, President of the Republic of South Africa. They discussed the potential of establishing a number of refineries for critical metals based on CVMR’s technologies, in a number of African countries. Two of the projects discussed will start by March 2025.

CVMR ® (Albania), (hereinafter “CVMR ®”) has commenced the establishment of a major nickel refinery in central Albania at Qafë Thanesë, Prrenjas. The company has acquired a 50-acre property designated as Free Industrial Zone, to build the first phase of two World Class nickel and iron refineries in modular form, based on CVMR ®’s proprietary vapour metallurgy, with the ability to expand the first phase of the operation three folds. The first phase will produce 10,000 tons per annum of high purity nickel and iron powders and nano powders.

CVMR ( Texas) executives visiting Caldera’s Pea Ridge heavy rare earth elements mine in Missouri. The parties intend to refine these unique minerals in Amarillo, Texas, using CVMR’s proprietary process.

Mr. Khozan’s presentation dealt with what the industry should expect in the near future and the role of environmentally neutral processes and technologies in mining, concentrating and refining of critical metals, avoiding the use of hydro or pyro metallurgical processes.

TORONTO , June 24, 2024 – Power Nickel Inc. (the “Company” or “Power Nickel” ) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce that it has closed an over-subscribed flow-through offering (the ” Offering“) for gross proceeds of $20,062,497.50 through the issuance of 16,049,998 flow-through units (the ” FT Units“) at a price of $1.25 per FT Unit. Each FT Unit is comprised of one flow-through common share and one-half of one …