NVRO Metals Establishes the NVRO Metals Hub, Creating a Pathway to Critical Minerals Production and Accelerating Industrial Deployment of the NVRO Process™

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NVRO Metals Limited is a technology company focused on the recovery of precious and critical metals from mine waste, tailings and complex sulfidic materials. Through its proprietary NVRO Process™, centralized processing infrastructure and commercial deployment strategy, the Company is building a scalable critical minerals production, processing and recovery platform supporting global supply chain security.

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Additional information, including the Company’s investor presentation and corporate profile, is available at www.nvrometals.com

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Figure 2: The NVRO Metals Hub electrowinning shed in the foreground.

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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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Forward-Looking Statements

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This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking information and forward-looking statements are collectively referred to herein as “forward-looking statements.” Forward-looking statements are generally identifiable by words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “target,” “will,” “would,” “could,” and similar words, expressions or statements that certain actions, events or results may, could, would, should or will occur or be achieved.

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Forward-looking statements in this news release include, but are not limited to, statements regarding: the acquisition, development, refurbishment, commissioning and restart of the hydrometallurgical processing facility, associated infrastructure and mineral resource base comprising the NVRO Metals Hub; the expected benefits of the NVRO Metals Hub; the Company’s ability to establish and operate the NVRO Metals Hub as a centralized precious and critical minerals processing platform; the Company’s Phase 1 development strategy; the expected timing of production, including the expectation that production may commence by Q4 2027; the potential production of copper cathode and cobalt/nickel intermediate products; the ability of the existing infrastructure to support deployment of the NVRO Process™; the potential deployment of multiple processing trains; the Company’s ability to process Company-owned resources, customer feedstocks, regional tailings, mine closure materials, mine waste and complex materials; the Company’s ability to generate operating cash flow; the Company’s ability to complete financing for the acquisition, refurbishment, commissioning, restart and initial operations of the NVRO Metals Hub, including through commodity-linked prepayment facilities, debt financing, equity financing, offtake arrangements or other funding sources; the completion of definitive agreements with metals traders, lenders, investors, strategic partners, customers or other counterparties; the expected benefits of the Company’s centralized processing hub strategy; the potential application and commercialization of the NVRO Process™; the Company’s ability to establish additional centralized processing hubs in other jurisdictions; the completion and delivery of a 43-101 report in relation to the property; and the Company’s broader commercial objectives and strategic growth plans.

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Forward-looking statements are based on management’s current expectations, estimates, projections, assumptions and beliefs as of the date of this news release. These assumptions include, without limitation: the Company’s ability to complete the acquisition, implement the DOCA and satisfy all conditions to closing on the timelines and terms currently contemplated; the Company’s ability to complete, integrate, refurbish, commission and restart the NVRO Metals Hub on the timelines and terms currently contemplated; the availability and adequacy of existing infrastructure; the accuracy of technical, engineering, metallurgical, resource, operating, economic and financial assumptions; the accuracy and completeness of information provided to or reviewed by the Company in connection with the acquisition, including technical, resource, infrastructure, environmental, permitting and operating information; the availability of required feedstock, reagents, equipment, labor, contractors, utilities, water, power, transportation, port access and other inputs; the Company’s ability to achieve anticipated production rates, throughput, recoveries, grades, product specifications, operating costs and capital costs; the availability of financing on acceptable terms; the Company’s ability to complete definitive documentation with metals traders, lenders, investors, strategic partners, customers and other counterparties; the receipt of required regulatory, stock exchange, permitting, environmental, governmental, community, land access, counterparty and stakeholder approvals, including acceptance of the TSX-V; the ability of the NVRO Process™ to be deployed at pilot, demonstration, commercial or industrial scale; the Company’s ability to identify and advance suitable feedstock, processing, infrastructure and strategic opportunities; and that market conditions, commodity prices, foreign exchange rates, interest rates, inflation, logistics, supply chains, regulatory conditions and general economic, political and business conditions will remain sufficiently supportive of the Company’s plans .