EnviroGold Retires Over $10.2 Million in Debt in 2025, Strengthens Balance Sheet as Commercialization Accelerates

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CONTACTS:

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Investor Cubed
Neil Simon, CEO
+1 647 258 3310
[email protected]
[email protected]

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Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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Forward-Looking Statements

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This news release contains “forward-looking statements” or “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements are often, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “plans,” “projects,” “targets,” “may,” “will,” “should,” “could,” or similar expressions. These statements reflect the Company’s current expectations or beliefs and are based on information currently available to the Company and/or assumptions that the Company believes are reasonable.

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Forward-looking statements in this release include, without limitation: the Company’s ability to advance and commercialize the NVRO Process™; expected benefits of the NVRO Process™ (including efficiency, repeatability, cost reduction, and environmental performance); the operation and results of the Demonstration Plant and the development and deployment of the μNVRO™ mobile pilot plant; the Company’s plans, strategies, timelines, and expectations for future growth, commercialization, partnerships, and recurring revenue; the anticipated effects of leadership changes and incentive alignment; the expected issuance of securities, including the Consideration Shares, Estate Shares, conversion premium shares (including the anticipated issuance date on or about November 17, 2025 and the application of statutory hold periods); the vesting, settlement, and performance conditions relating to RSUs and PSUs (including revenue and VWAP targets); and the Company’s expectation that it will maintain a debt-free balance sheet and enhance liquidity for commercialization.

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Forward-looking statements are inherently subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to: risks related to research, development, scale-up, and commercialization of new technology; pilot, demonstration, commissioning, and integration risks; the availability, quality, and variability of feedstock and project opportunities; counterparty, construction, and supply-chain risks; operating performance relative to design specifications; intellectual property protection and freedom-to-operate; reliance on and retention of key personnel; regulatory, environmental, and permitting approvals and timelines; commodity price and exchange-rate fluctuations; capital markets conditions, access to financing, dilution, and share price volatility; the timing, approval, and completion of securities issuances (including those referenced herein); the achievement of performance-based and share-price-based vesting conditions for equity awards; general market conditions; and the other risk factors described in the Company’s public disclosure documents available under its profile on SEDAR+ at www.sedarplus.ca.

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Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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