Minnova Provides Corporate Update
Minnova Corp. Office: +1 647 985 2785
MCI:TSXV 217 Queen Street W., Suite 401
www.minnovacorp.ca Toronto, Ontario M5V 0R2
MINNOVA PROVIDES CORPORATE UPDATE
August 14, 2025, Toronto, Ontario – Minnova Corp. (TSXV: MCI, OTC Pink: AGRDF, "Minnova”
or the “ Company”), announces that effective August 6, 2025, the Company's common shares
(the " Common Shares ") have been halted for trading at the request of the TSX Venture
Exchange (the "TSXV"). The Company has filed a trading reinstatement application to the TSXV
and will provide an additional update on resumption of trading occurs.
The Company has received notice from the TSXV dated August 13, 2025, that if, in accordance
with the Continued Listing Requirements outlined in Exchange Policy 2.5, the Company no longer
meets the Tier 2 Continued Listing Requirements by November 5, 2025, the Company may be
transferred to NEX.
The Company is actively working towards meeting the Tier 2 Continued Listing Requirements.
About Minnova Corp.
Minnova Corp. is focused on the restart of its PL Gold Mine, which included completion of a
Positive Feasibility Study in 2018 using a long-term gold price of US$1,250 per ounce. The study
concluded the restart of the PL Mine, at an average annual production rate of 46,493 ounces over
a minimum 5 -year mine life, was economically robust. Importantly the global resource remains
open to expansion, as does the reserve. The PL Gold Mine benefits from a short pre -production
timeline forecast at 15 months, a valid underground mining permit (Environment Act 1207E), an
existing 1,000 tpd processing plant, over 7,000 meters of developed underground ramp to -135
metres depth. The project is fully road accessible and close to existing mining infrastructure in the
prolific Flin Flon Greenstone Belt of Central Manitoba.
For more information please contact:
Minnova Corp.
Gorden Glenn
President & Chief Executive Officer
Tel: 647-985-2785
Investor Relations: [email protected]
Website: www.minnovacorp.ca
Forward Looking 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 release.
This news release contains certain “forward- looking information” within the meaning of applicable securities laws. Forward
looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipat e”,
“estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or
conditions “may” or “will” occur. These statements are only predictions. Forward- looking information is based on the opinions
Minnova Corp. Office: +1 647 985 2785
MCI:TSXV 217 Queen Street W., Suite 401
www.minnovacorp.ca Toronto, Ontario M5V 0R2
and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties a nd
other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.
For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the
Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward- looking
information i f circumstances or management’s estimates or opinions should change, unless required by law. The reader is
cautioned not to place undue reliance on forward-looking information.
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction
may constitute a violation of U.S. Securities laws.