EDM Selected to Showcase Scotia MINE at Canada Investment Summit
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NEWS RELEASE SEPTEMBER 14, 2026
EDM SELECTED TO SHOWCASE SCOTIA MINE AT
CANADA INVESTMENT SUMMIT
Halifax, Nova Scotia, September 14, 2026 – EDM Resources Inc. (TSX-V: EDM; FSE: P3Z; OTCQB: EDMFF) (“EDM”
or the “Company”) is pleased to announce that its 100% -owned Scotia Mine has been selected as one of Nova Scotia’s
investment opportunities to be showcased in connection with the Canada Investment Summit, being held September 14–15,
2026.
The President and CEO, Mr. Mark Haywood, stated: “We are very pleased that the Scotia Mine has been selected by Nova
Scotia to be showcased as one of the Province’s investment opportunities at the Canada Investment Summit. The Scotia Mine
is an advanced brownfield critical minerals project with substantial existing infrastructure, a relatively low restart capital
requirement and excellent access to power, roads and international shipping through Halifax.
With our amended Industrial Approval now in place and work underway on an updated Mineral Resource Estimate and
Preliminary Feasibility Study, our focus is increasingly shifting toward financing, offtake and strategic partnerships required
to restart the m ine. The Summit provides an excellent opportunity to presen t the Scotia Mine directly to investors and
potential partners looking for advanced Canadian critical mineral projects.”
The Scotia Mine will be included in the Nova Scotia Digital Deal Book, which is being prepared for distribution to
prospective investors and other participants at the Summit. EDM will also participate in investment and networking activities
surrounding the Summit, including the Nova Scotia Networking Reception hosted by Premier Tim Houston on September
15, 2026.
The Canada Investment Summit provides EDM with an opportunity to introduce the Scotia Mine Restart Project to Canadian
and international investors, financing groups and other potential strategic partners as the Company advances the project
toward a planned restart.
SCOTIA MINE INVESTMENT OPPORTUNITY
Located approximately 60 kilometres northeast of Halifax, Nova Scotia, the Scotia Mine is a past-producing zinc, lead and
gypsum operation with substantial existing infrastructure, including a processing plant, tailings management facilities, grid
power, paved highway access and proximity to the Port of Halifax.
The Company is currently completing a comprehensive project update program that includes an updated Mineral Resource
Estimate, a new Preliminary Feasibility Study, mine optimization, environmental and permitting activities and exploration
targeting additional zinc, lead, gypsum and precious metals.
EDM's investment profile prepared for the Summit highlights several attributes of the Scotia Mine, including certain
economic and operating metrics from the Company's NI 43-101 Preliminary Feasibility Study dated December 30, 2021 (the
“2021 PFS”):
• Advanced brownfield development project with substantial existing infrastructure;
• Estimated initial capital expenditures of approximately C$31 million;
• After-tax IRR of 69% as reported in the 2021 PFS;
• 14-year mine life as reported in the 2021 PFS;
• Approximately 150 direct jobs expected during operations; and
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• Opportunities for strategic equity investment, project financing and concentrate offtake partnerships.
The economic and operating metrics from the 2021 PFS referenced above are historical estimates. The Company is currently
preparing an updated Mineral Resource Estimate and Preliminary Feasibility Study, and the results of those studies may
differ materially from the estimates contained in the 2021 PFS.
The 2021 PFS reported total Proven and Probable base metal Mineral Reserves of 13.66 million tonnes grading 2.03% zinc
and 1.10% lead, together with 5.18 million tonnes of Proven and Probable gypsum Mineral Reserves grading 91.8% gypsum.
Additional details of the NI 43-101 Technical Report are provided on SEDAR+ under EDM’s profile and on the Company’s
website at www.EDMresources.com.
Zinc is included on Canada's critical minerals list and is an essential input for galvanizing steel, infrastructure, manufacturing
and energy-transition applications. EDM's objective is to leverage Scotia Mine's existing infrastructure and advanced stage
of development to establish the operation as one of Canada's next zinc producers.
ADVANCING TOWARD RESTART
The Company's participation in the Canada Investment Summit follows the recent amendment of the Scotia Mine's provincial
Industrial Approval and forms part of EDM's broader strategy to advance the project through updated technical studies,
completion of remaining permitting activities and the development of financing and offtake arrangements.
QUALIFIED PERSON
Mr. Mark Haywood, B.Eng. (Mining Engineering) (Hons.), LLB., of Scotia Mine Limited and EDM Resources Inc., and a
Qualified Person as defined under NI 43-101, has reviewed and approved the technical information contained in this news
release.
About EDM Resources Inc.
EDM is a Canadian exploration and mining company that holds a 100% interest in the Scotia Mine and related facilities
near Halifax, Nova Scotia. Through its wholly owned subsidiary, EDM also holds several prospective exploration licenses
near its Scotia Mine and in the surrounding regions of Nova Scotia.
The Company’s common shares are traded on the TSX Venture Exchange under the symbol “EDM”, the Frankfurt
Exchange under the symbol “P3Z”, and the OTCQB ® Venture Market under the symbol “EDMFF” . For more
information, please contact:
Mark Haywood President & Chief Executive Officer
Arnab De Chief Financial Officer
Manish Grigo Corporate Development
Telephone +1 (902) 482 4481
Facsimile +1 (902) 422 2388
Email [email protected]
The Company’s corporate filings and technical reports can be viewed on the Company’s SEDAR+ profile at
www.sedarplus.ca.
Further information on EDM is also available on the Company’s website and social media channels as follows:
Internet at www.EDMresources.com
Facebook at http://www.facebook.com/EDMresources.inc
X at https://www.x.com/EDMresources
LinkedIn at http://www.linkedin.com/company/EDMresources
YouTube at https://youtube.com/@edmresources?si=Bvyighil3mSoOKnD
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CAUTIONARY STATEMENTS
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 news release.
This news release may contain forward-looking statements, including plans, objectives, estimates, and expectations
regarding EDM Resources Inc.’s future activities. Such statements are identified by words like “believes,” “expects,”
“plans,” “estimates,” “may,” “could,” or similar terms. Forward-looking statements are subject to risks, uncertainties, and
assumptions that could cause actual results to differ materially from those anticipated. These include, but are not limited
to, mineral resource estimates, exploration and development results, project timing, market conditions, commodity prices,
financing, and operational risks. For a discussion of risk factors, please refer to EDM’s Management Discussion and
Analysis for the year ended December 31, 2025. EDM does not guarantee the accuracy of forward-looking statements
and readers should not place undue reliance on them.