VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (FSE:DXZB) (“Canterra” or the “Company”) is pleased to announce drill results from the 2025 program at its Buchans Project in the Central Newfoundland Mining District, extending mineralization at the Lundberg Deposit and validating new, deep-seeking 3DIP targets across the district. The 2025 results confirm depth continuity of the Lundberg system and support potential resource expansion wit ...

Core Viewpoint - Canterra Minerals Corporation is entering a high-impact discovery phase in 2026 with a fully funded diamond drill program of up to 15,000 metres across its projects in central Newfoundland, starting with the Buchans Project, which is known for its high-grade VMS deposits [1][3][5]. Group 1: 2026 Exploration Program Overview - The 2026 campaign will transition from target generation to systematic drill testing in three areas: high-priority targets at Buchans, selective follow-up drilling in the Victoria Lake Supergroup portfolio, and advancing gold targets at the Wilding Gold Project [2][5]. - The Buchans Project will see winter drilling targeting high-priority anomalies identified by modern geophysics, with additional drilling planned for resource expansion at the Lundberg deposit and Two-Level zone [5][7]. - The Victoria Lake Supergroup portfolio will undergo a belt-wide target ranking initiative, focusing on the highest-priority deposits and prospects for potential discovery and resource growth [11][12]. Group 2: Specific Project Details - Buchans Project: Approximately 5,000 metres of drilling planned, with a 2,000-metre winter program currently underway targeting 3DIP anomalies and structural corridors [7][8]. - Victoria Lake Supergroup: Up to 5,000 metres of targeted diamond drilling planned, focusing on deposits such as Boomerang, Lemarchant, and Long Lake [12]. - Wilding Gold Project: A combined drilling program has commenced, including ~250 percussion drill holes, with follow-up diamond drilling of approximately 5,000 metres anticipated in the second half of 2026 [15][16]. Group 3: Strategic Context - Canterra's land position in central Newfoundland offers optionality across multiple commodity exposures and deposit styles, supported by established mining communities and infrastructure [19]. - The company controls a 55-kilometre extension of the gold-bearing trend that hosts Equinox Gold's Valentine Mine, enhancing its potential for gold discovery [4][22].

Core Viewpoint - Canterra Minerals Corporation is entering a high-impact discovery phase in 2026 with a fully funded diamond drill program of up to 15,000 metres across its projects in central Newfoundland, starting with the Buchans Project, which is known for its high-grade VMS deposits [1][3][5]. Group 1: 2026 Exploration Program Overview - The 2026 campaign will transition from target generation to systematic drill testing in three areas: high-priority targets at Buchans, selective follow-up drilling in the Victoria Lake Supergroup portfolio, and advancing gold targets at the Wilding Gold Project [2][5]. - The Buchans Project will see winter drilling targeting 3D induced polarization anomalies and structural corridors, with an initial 2,000 metres planned and an additional 3,000 metres of follow-up testing later in the year [7][8]. - The Victoria Lake Supergroup portfolio will involve a belt-wide target ranking initiative across multiple VMS deposits, anticipating up to 5,000 metres of targeted diamond drilling [11][12]. Group 2: Specific Project Details - At the Wilding Gold Project, an initial field program of approximately 250 percussion drill holes has commenced, with follow-up diamond drilling planned for the second half of 2026 [4][16]. - The Wilding Project aims to refine and prioritize high-confidence bedrock targets for diamond drill testing, focusing on areas proximal to known gold occurrences [15][16]. - Canterra's land position in central Newfoundland provides optionality across multiple commodity exposures and is supported by established mining communities and infrastructure [19].

Castellum, Inc. Pays Off All Debt Castellum, Inc. (NYSE-American: CTM) has retired in full the $400,000 principal balance on its sole remaining note payable - https://castellumus.com VIENNA, Va., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Castellum" or "CTM"), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that it has retired in full the $400,000 principal balance on its sole remaining note payable ...

Core Viewpoint - Canterra Minerals Corporation has appointed Matt Manson to its Board of Directors, bringing extensive experience in the mining sector, while also announcing the retirement of Michael Power from the Board [1][3]. Group 1: Appointment of Matt Manson - Matt Manson is a geologist and mining executive with over 30 years of international mining experience, including roles in exploration, permitting, mine development, financing, operations, and capital markets [2]. - Manson has previously served as President and CEO of Marathon Gold Corporation and Stornoway Diamond Corporation, leading significant projects such as the Valentine Gold Project and the Renard Diamond Project [2]. - His expertise is expected to be valuable for Canterra as it advances its gold and critical minerals projects in Newfoundland [4]. Group 2: Retirement of Michael Power - The company expresses gratitude to Michael Power for his years of service and contributions to Canterra, particularly regarding the Buchans Project [3][4]. Group 3: Equity Grants - Canterra has granted a total of 1,505,000 stock options to directors, officers, employees, and consultants, exercisable at a price of $0.20 per share for a period of three to five years [5]. - Additionally, 1,257,500 deferred share units (DSUs) and 300,000 restricted share units (RSUs) have been granted, with specific vesting schedules [6]. Group 4: Investor Relations Agreement - Canterra has entered into a consulting agreement with Grignan Holdings Ltd. (Peterson Capital) for investor relations services, effective February 3, 2026 [7]. - Peterson Capital specializes in connecting high-growth companies with retail investment advisors and funds [8]. - The agreement includes a term of twelve months and consultant fees of CAD$85,000, subject to TSX Venture Exchange approval [11]. Group 5: Company Overview - Canterra is focused on critical minerals and gold exploration in central Newfoundland, with projects located near the past-producing Buchans Mine and Teck Resources' Duck Pond Mine [13]. - The company's gold projects are situated along a structural corridor that hosts mineralization within Equinox Gold's Valentine Mine project [13].

Core Insights - Canterra Minerals Corporation reported high-grade gold mineralization results from its Wilding Gold Project, with a notable intercept of 31.5 metres averaging 10.89 g/t Au [1][2][6] - The drilling program indicates the potential for a high-grade, district-scale gold system in Newfoundland, an attractive mining jurisdiction [2][6] Drilling Highlights - A total of 1,243 metres of large diameter core drilling were completed across 18 drill holes in fall 2025, targeting the Elm and Alder Zones, as well as a new target, Aspen [2][6][7] - Significant results include: - WL-25-100: 31.5 metres at 10.89 g/t Au, including 5.4 metres at 41.00 g/t Au [3][6] - WL-25-101: 6.6 metres at 8.22 g/t Au, including 2.15 metres at 24.74 g/t Au [3][6] - WL-25-95: 4.1 metres at 6.16 g/t Au, including 1 metre at 20.96 g/t Au [3][6] Geological Insights - The Elm Zone is interpreted as a mineralized gold corridor approximately 300 metres along-strike and 100 metres down-dip, indicating significant resource potential [6][8] - The drilling confirmed the continuity of high-grade quartz-sulphide gold veins, with alteration halos suggesting a larger hydrothermal system [6][8] Future Plans - The company plans follow-up drilling to better constrain vein orientation, true width, and continuity, aiming to enhance the project's strategic value [19][22] - The follow-up program will focus on testing new vein concepts and expanding the known extent of mineralization [19][22] Sampling and Analytical Methods - HQ drill core was logged, photographed, and sampled at the company's secure facility, with samples analyzed by an independent accredited assay lab [20][23] - The quality assurance program includes the insertion of certified reference materials, blanks, and duplicates, ensuring reliable assay results [23] Company Overview - Canterra Minerals is focused on critical minerals and gold exploration in central Newfoundland, with projects located near significant past-producing mines [26] - The company's gold projects are strategically positioned along the same structural corridor as Equinox Gold's producing Valentine Mine [26]

Core Viewpoint - Castellum, Inc. has been re-awarded a $49.8 million contract for Software Support Activities by its subsidiary Specialty Systems, Inc. to support the Naval Air Warfare Center Aircraft Division, marking a significant achievement in the company's history [1][2][4]. Group 1: Contract Details - The contract is a five-and-a-half-year agreement focused on Software Support Activities for mission-critical naval systems, including the Electromagnetic Aircraft Launch System and Advanced Arresting Gear [1][6]. - This award represents the fourth-largest contract in Castellum's history and is the third consecutive win for SSI on the NAWCAD LKE Contract [2][6]. Group 2: Company Performance and Strategy - Castellum's CEO highlighted the company's focus on organic growth and successful competition for major contracts, achieving a perfect record in securing all three of their targeted prime contract opportunities [4][5]. - The company reported over $219 million in major prime contract wins in the past year, emphasizing its commitment to supporting national security missions [4][5]. Group 3: Future Outlook - Castellum is positioned for continued strong growth, supported by a healthy balance sheet and a dedicated team, as it aims to provide leading-edge technology services and solutions [5][6].

Core Viewpoint - Canterra Minerals Corporation has successfully closed a private placement, raising a total of C$5,705,361.51 through the issuance of Critical Minerals flow-through shares and National flow-through shares [1]. Group 1: Private Placement Details - The company issued 10,980,000 Critical Minerals flow-through shares at a price of C$0.25 per share, generating gross proceeds of C$2,745,000 [2]. - Additionally, 12,871,137 National flow-through shares were issued at a price of C$0.23 per share, resulting in gross proceeds of C$2,960,361.51 [3]. - The total gross proceeds from both share types will be utilized for Canadian exploration expenses, qualifying as "flow-through critical mineral mining expenditures" and "flow-through mining expenditures" [4]. Group 2: Use of Proceeds - The net proceeds from the private placement will be directed towards the exploration of the company's projects in central Newfoundland, specifically the Wilding Gold and Buchans Projects [5]. Group 3: Finder's Fees and Warrants - In connection with the private placement, the company paid finders fees of C$50,000 in cash and issued 135,848 non-transferable finders' warrants [6]. - The finders' warrants related to CMFT Shares are exercisable at C$0.25 per warrant, while those related to FT Shares are exercisable at C$0.23 per warrant, both valid for 12 months from issuance [6]. Group 4: Securities Regulations - The securities issued in the private placement are not registered under the United States Securities Act and cannot be offered or sold to U.S. persons without registration or an applicable exemption [8]. Group 5: Company Overview - Canterra Minerals is a diversified minerals exploration company focused on critical minerals and gold in central Newfoundland, with projects located near the historically significant Buchans Mine and Teck Resources' Duck Pond Mine [9]. - The company's gold projects are situated along a structural corridor that hosts mineralization within Equinox Gold's mine project, indicating potential for significant discoveries [10].

Core Viewpoint - Canterra Minerals Corporation has announced an increase in its non-brokered flow-through private placement, aiming for total gross proceeds of up to C$5.7 million to support exploration activities in Newfoundland [1]. Group 1: Private Placement Details - The Upsized Private Placement will offer up to 10,940,000 Critical Minerals flow-through shares at a price of $0.25 per share, generating gross proceeds of up to C$2,735,000 [2]. - Additionally, up to 12,891,304 National flow-through shares will be offered at a price of $0.23 per share, with expected gross proceeds of up to C$2,965,000 [3]. - The total gross proceeds from both share offerings will be utilized for Canadian exploration expenses, qualifying as "flow-through critical mineral mining expenditures" and "flow-through mining expenditures" as defined by the Income Tax Act [4]. Group 2: Use of Proceeds - The net proceeds from the Upsized Private Placement will be directed towards the exploration of the Company's projects in central Newfoundland, specifically the Wilding Gold and Buchans Projects [5]. Group 3: Closing and Regulatory Information - The Upsized Private Placement is anticipated to close on December 23, 2025, subject to necessary approvals, including that of the TSX Venture Exchange [7]. - The shares will be subject to a hold period of four months plus one day following the closing date under applicable Canadian securities laws [7]. Group 4: Company Overview - Canterra Minerals is a diversified minerals exploration company focused on critical minerals and gold in central Newfoundland, with projects located near historically significant mining sites [9]. - The Company’s gold projects are strategically positioned along a structural corridor that hosts mineralization related to Equinox Gold's Valentine mine [10].

Core Viewpoint - Castellum, Inc. has experienced a transformative year in 2025, moving from significant debt and insufficient cash flow to a position of confidence and potential for strong growth, with stock performance improving significantly from below $0.20 to a more favorable standing [3][12]. Company Performance and Achievements - The company has not only overcome previous financial challenges but has also achieved key accomplishments over the past year, indicating a shift towards a more stable and successful operational model [4][6]. - Castellum emphasizes a culture of "sustained excellence," inspired by military principles, which has contributed to its successful year and ongoing commitment to its mission customers [6][11]. Leadership and Team - The CEO expresses gratitude towards the team and acknowledges the contributions of key personnel, particularly the General Counsel and Chief Strategy Officer, who played a significant role in building the company [7]. - The leadership philosophy is rooted in military values, fostering a competitive and dedicated environment that drives the company's success [5][6]. Future Strategy - Looking ahead to 2026, Castellum plans to focus on organic growth, winning prime contracts, and investing in solutions and products to enhance capabilities for national security customers [8][9]. - The company aims to build a resilient business with diversified customers and scalable technology solutions, emphasizing growth not just for size but to increase opportunities and long-term shareholder value [10][11].