EDM Strengthens Financial Position
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NEWS RELEASE FEBRUARY 20, 2026
EDM STRENGTHENS FINANCIAL POSITION
Halifax, Nova Scotia, February 20, 2026 – EDM Resources Inc. (TSX-V: EDM; FSE: P3Z) (“EDM” or the “Company”)
is pleased to provide an update on recent improvements to the Company’s financial position.
The President and CEO, Mr. Mark Haywood, stated: “Together with the partial exercise of warrants and monetization of
our Silver Crown position, we added approximately $900,000 to the Company’s treasury. This materially strengthens our
balance sheet while preserving meaningful upside exposure to silver through our remaining SCRi holdings. We are well
positioned to advance key milestones at the Scotia Mine.”
STRENGTHENED FINANCIAL POSITION
EDM has materially strengthened its financial position through a combination of non-dilutive asset monetization and the
cash exercise of previously issued warrants.
The Company completed the sale of 20,000 common shares of Silver Crown Royalties Inc. (“SCRi”), generating
approximately $400,000 in non-dilutive proceeds. Silver Crown Royalties Inc. is a publicly traded royalty company focused
on acquiring silver royalty interests on producing or near-term development mining projects, providing exposure to silver
price movements without direct operating risk.
The Company continues to hold 40,000 common shares and 60,000 warrants of SCRi. Based on recent trading prices of
SCRi common shares, the Company estimates the current market value of its remaining 40,000 SCRi common shares to be
approximately $700,000. The Company also holds 60,000 SCRi warrants, which provide additional potential upside subject
to market conditions and their respective terms.
Recent strength in global silver prices has supported improved valuations across silver -focused royalty and mining
companies, including SCRi. While commodity prices remain subject to volatility, the partial monetization of the SCRi
position was undertaken to strengthen EDM’s balance sheet while maintaining exposure to potential upside through its
remaining holdings.
In addition, the exercise of outstanding EDM warrants has contributed approximately $500,000 to the Company’s treasury.
In aggregate, EDM has added approximately $900,000 to its treasury in recent weeks, strengthening financial flexibility as
the Company advances final permitting, gold exploration, updated mineral resource work, and development initiatives at the
Scotia Mine. The Company believes this strengthened balance sheet enhances its ability to execute on near-term milestones
while preserving flexibility in capital allocation decisions.
About EDM Resources Inc.
EDM is a Canadian exploration and mining company that has full ownership of 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” and the
Frankfurt Exchange under the symbol “P3Z”. For more information, please contact:
Mark Haywood - President & Chief Executive Officer
Arnab De - Chief Financial Officer
Manish Grigo - Corporate Development
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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:
Website: www.EDMresources.com
Facebook: http://www.facebook.com/EDMresources.inc
X: http://www.x.com/EDMresources
LinkedIn: http://www.linkedin.com/company/EDMresources
Youtube: https://youtube.com/@edmresources
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, 2024. EDM does not guarantee the accuracy of forward-looking statements
and readers should not place undue reliance on them.