News release
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Suite 600 - 890 West Pender Street, Vancouver, BC V6C 1J9
Telephone: 604.669.3143 Fax: 604.669.3107
Email: [email protected] Web:
www.earthworksinc.com
TSX-V: EWK
OTCQB: EAATF
News Release
August 14, 2026
EARTHWORKS GRANTS OPTIONS
Vancouver, British Columbia – August 14, 2026 – Earthworks Industries Inc. (TSX -V: EWK,
OTCQB: EAATF) (“Earthworks” or the “Company”) a critical minerals recycling and recovery
company advancing modular systems designed to recover critical minerals and strengthen
Western critical mineral supply chains, announces that it has granted an aggregate of 3 million
stock options to directors, a dvisors, employees, consultants and service providers of the
Company.
The options are exercisable at a price of $0.05 per common share for a period of five years,
expiring August 14, 2031, and vest immediately. The options have been granted in accordance
with the Company’s stock option plan and remain subject to the policies and approval of the TSX
Venture Exchange, as applicable.
David Atkinson, CEO of Earthworks, commented:
“As we advance Earthworks’ critical minerals recycling and recovery system, we are
focused on leveraging the full range of tools and resources available to the Company to
build the team, partnerships and capabilities required to execute our plans. Equity-based
compensation allows us to align the interests of the people contributing to Earthworks’
growth with those of our shareholders. We believe this alignment is important as we work
together to help improve Western critical mineral supply chains.”
Addressing the Critical Minerals Supply Gap
The race to build and power artificial intelligence infrastructure, electrify transportation, modernize
defense systems and expand advanced manufacturing has created an unprecedented and
accelerating demand for critical minerals, including copper, rare ear th elements, lithium, cobalt,
nickel, tungsten, titanium and many other materials that form the physical foundation of the 21st-
century economy.
The problem is supply.
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Refining and processing capacity for many of these materials is heavily concentrated in foreign
jurisdictions, most significantly China, creating vulnerabilities in Western supply chains that are
no longer theoretical, but active and urgent.
Both Canada and the United States have responded with major policy commitments, including
Canada’s Critical Minerals Strategy and initiatives under the United States Defense Production
Act and CHIPS and Science Act, directed at building domestic supply chain resilience.
Primary mining alone cannot close the supply gap quickly enough. New mine development
frequently requires a decade or more to advance from discovery through permitting, financing,
construction and production.
This is where recycling and secondary recovery become strategically essential.
Many of the materials required by Western economies already exist above ground in significant
quantities within end-of-life electronics, industrial scrap, manufacturing byproducts, legacy mine
waste, tailings, waste rock and other previously processed materials.
Urban recycling and secondary recovery can provide a faster, lower-impact and potentially more
capital-efficient path to production than greenfield mine development. However, domestic
recovery infrastructure across North America remains fragmented and undersupplied, creating a
need for modular, deployable and digitally managed recovery capacity.
Through its acquisition of the Critical Minerals Recovery System, Earthworks holds a full -stack
platform developed to address that need, beginning with copper and intended to expand into
battery metals, rare earth elements, precious metals and defense -related materials across
Canada and the United States.
About Earthworks Industries Inc.
Earthworks Industries Inc. ( TSX-V: EWK, OTCQB: EAATF) is a critical minerals recycling and
recovery company advancing modular systems designed to recover strategic metals and
strengthen Western critical mineral supply chains. The Company is developing scalable recycling
and recovery infrastructure to help address the growing need for domestic critical minerals
production.
For further information, contact:
Earthworks Industries Inc.
David Atkinson
President/CEO
604-669-3143
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.
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FORWARD-LOOKING STATEMENTS
Statements made in this news release, other than purely historical information, including statements relating to the
Company’s future plans and objectives or expected results, may include forward-looking statements.
Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s
plans to develop and deploy modular critical minerals recycling and recovery systems; the proposed development of a
pilot copper recycling f acility in the Lower Mainland of British Columbia; the expected services and contributions of
Fairfax Partners, Fair and Trifecta Capital Corp.; the anticipated ability of the engagements to broaden the Company’s
audience, improve the rhythm and consistenc y of its communications, build stakeholder relationships and support
business growth; the Company’s ability to establish and maintain a consistent communications cadence; the potential
expansion of the Critical Minerals Recovery System into additional locations and material streams; and the Company’s
objective of contributing to more secure and resilient Western critical mineral supply chains.
Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties
inherent in the development, financing, construction and operation of recycling and resource recovery projects. These
risks and uncertainties include, among others, the Company’s ability to obtain sufficient financing, secure suitable
feedstock, identify and acquire an appropriate facility location, procure and commission required equipment, obtain
permits and regulatory approvals, enter into s trategic partnerships and offtake arrangements, validate anticipated
processing performance and successfully commercialize the Critical Minerals Recovery System.
As a result, actual results may vary materially from those described in the forward -looking statements. 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 forward-looking statements should circumstances or management’s
estimates or opinions change.