MIAMI BEACH, FL, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - A strategic alliance targeting the $110 billion women-led SME financing gap across Sub-Saharan Africa, deploying tokenized credit, sovereign identity, and AI-driven underwriting to unlock the century's most significant demographic dividend.$16T - Tokenized RWA Market by 2030 · BCG / 21Shares$110B - Women-Led SME Financing Gap · Sub-Saharan Africa4B - Africa's Projected Population by 2100 · UN DESA19 - Africa's Median Age · World's Youngest Continent01. THE OPPORTUNITY The Century's Most Significant Capital Formation EventGlobal structured finance engineered a $12 trillion market serving a North American population of 250 million over the last four decades. Africa home to 1.4 billion people today, set to reach 2.5 billion by 2050 and 4 billion by 2100, represents a capital formation opportunity of incomparably greater magnitude. With a median age of just 19 years, the continent holds the most youthful, fastest-growing workforce in human history.The bottleneck is not ambition, it is credit infrastructure. Of the $330 billion annual demand for SME financing in Sub-Saharan Africa, women entrepreneurs represent one-third — approximately $110 billion that remains entirely underserved by conventional financial institutions. The IFC estimates that 70% of women-owned SMEs in developing economies are either unserved or underserved by formal credit markets, a structural gap that Weritas and Skylean Capital are engineered to close.$330B - Annual SME Credit Demand · Sub-Saharan Africa Of which $110B is women-led — structurally excluded from conventional underwriting due to absent credit history, lack of collateral, and institutional bias.70% - Women-Owned SMEs Unserved by Formal Credit · IFC Across 128 developing economies, the financing gap for women-owned SMEs totals over $1.7 trillion globally, with Sub-Saharan Africa the highest-density opportunity.$832B - Mobile Money Transactions · Africa 2022 · GSMA Africa processes over 70% of the world's mobile money volume. The payment rails exist. The missing layer is structured credit and sovereign identity.$65B - African Fintech Revenue Projected 2030 · McKinsey Sub-Saharan Africa's fintech sector forecast to grow at 10% CAGR through 2030 - faster than any other region globally."The math of the future is being written in Africa. We saw how structured finance created a $12 trillion market for a North American population of 250 million. Now apply that same financial engineering to a continent of 1.4 billion people, growing to 2.5 billion by 2050 and 4 billion by 2100. We are looking at the biggest capital formation opportunity of our century - and the unlock is solving credit for the women who already drive one-third of the $330 billion demand," said Skyler Zhang, CEO, Skylean Capital · Consensus 2026, Miami Beach.02. THE PROTOCOL Web5 Sovereign Intelligence: Identity as InfrastructureThe Weritas protocol is built on Web5 principles — a decentralized identity model that returns ownership of data to the individual, ensuring that as Africa's 1.4 billion citizens enter the global economy, they do so as sovereign data subjects, not data-extracted users. By fusing Web5 decentralized identifiers (DIDs) with AI-driven credit intelligence, Weritas transforms what has historically been called "thin-file risk" into a precision-underwritten credit opportunity.The platform aggregates transactional, behavioral, and psychometric data - with full user consent - through its Credit Intelligence Layer, enabling lenders and institutional capital allocators to underwrite borrowers who have never held a bank account or formal credit product. The Group works with regulated lending partners in East Africa, providing the live loan book that powers the Group's Tokenized Private Credit Program: a tri-tranche tokenized ABS backed by regulated payroll-deducted SME loan portfolios, issued through an internationally domiciled special purpose vehicle."Infrastructure like Ondo's has proven the pipes work for ETFs — but the Weritas protocol is built for the complexity of global credit and human identity. By adopting Web5 principles, we ensure that identity is plural and data is sovereign. When a woman entrepreneur in Nairobi owns her data and our AI verifies her reliability, the risk for global institutions evaporates. That is how we unlock the $110 billion," said Reshmeen Hooda, Chair, Weritas · Consensus 2026, Miami Beach.The protocol's native utility token underpins ecosystem participation, staking, governance, and access to the credit network.03. THE MARKET Institutional Capital Is Already MovingThe tokenized real-world asset (RWA) market which crossed $12 billion in 2024 — is projected by Boston Consulting Group and 21Shares to reach $16 trillion by 2030, representing the single largest asset migration in financial history. BlackRock's BUIDL fund, Franklin Templeton's FOBXX, and Ondo Finance's OUSG have established that institutional appetite for on-chain yield is structural, not speculative.The Weritas/Skylean alliance brings this institutional momentum to bear on the only asset class that combines demographic inevitability with structural underpricing: African frontier credit. With the Group's tokenized credit program structured as a fully regulated, multi-jurisdictional instrument, institutional investors in Toronto, Dubai, Tokyo, and Miami now have a live entry corridor into African private credit for the first time.$16T - Projected Tokenized RWA Market · 2030 · BCG / 21Shares$1.7T - Global Women-Owned SME Financing Gap · IFC / World Bank60% - Global Unbanked Population Located in Africa · World Bank Findex3× - Women's Reinvestment Multiplier · UNDP / Gates Foundation04. BEYOND FINANCE Sovereign Intelligence: The Universal Ledger for Human CapitalThe implications of the Weritas Sovereign Intelligence layer extend well beyond loan books. Because the Web5 architecture grants individuals true ownership and portability of their data, the same protocol stack that underwrites an SME loan in Nairobi can serve as a universal ledger for human capital across healthcare, education, and global mobility.For a continent where 600 million people lack reliable identity documentation (World Bank, 2024), Weritas's DID-anchored sovereign identity infrastructure solves a foundational problem that credit alone cannot address. A woman entrepreneur who today has no credit file, no passport, and no formal employment history can, through the Weritas protocol, construct a verifiable, portable, AI-enriched human identity, one that travels with her as she accesses finance, healthcare, education, and cross-border markets.About Skylean CapitalSkylean Capital is a boutique, women-led venture capital and private equity firm led by CEO Skyler Zhang, specialising in the intersection of traditional structured finance and the decentralised frontier of emerging markets.About WeritasWeritas is a women-led, Web5-enabled real-world asset protocol providing sovereign identity and credit intelligence infrastructure for global structured finance. Chaired by Reshmeen Hooda, Weritas operates across multiple regulated technology and financial entities spanning North America, international financial centres, and East Africa.Media & Investor Contacts:Skylean Capital: press@skyleancapital.comWeritas: partners@weritas.io · weritas.io Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, BC, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is pleased to announce that it has acquired CADaptor Solutions Ltd, developers of temporary traffic management software.CADaptor Solutions is based out of Huddersfield, UK and was established over 30 years ago. Their CONE Software solution is used widely in the United Kingdom within the Traffic Management industry to aid in the preparation of temporary traffic control diagrams, route diversion and event management schemes. CONE covers all aspects of temporary traffic management design from simple pedestrian footways through to complex multi-lane highway closures and contra-flows. It is used by wide variety of traffic planning related professionals including Highways Agencies, Utility Companies, Local Government, Traffic Management Companies, Civil Engineers, Consultants, Main Contractors, Crane and Plant hire, Event Management, Airport and Bridge Authorities."We see CADaptor Solutions' temporary traffic management software as a strong strategic fit, with deep alignment to UK standards and a clear role in completing Transoft‘s civil and traffic management portfolio, while providing a solid foundation for expansion into other regions," said Alexander Brozek, Senior Vice President of Transoft‘s Civil Business Unit. "I am pleased to welcome the CONE user community and am looking forward to the CADaptor Solutions team joining Transoft Solutions to strengthen our expertise in this segment."CADaptor Solutions founder and Managing Director Peter Booth, said "We are excited to join Transoft Solutions. Over the past 20 years, CADaptor Solutions has focused mainly on the UK Temporary Road Traffic Industry. By joining forces with Transoft, we look forward to the next chapter where we combine our resources with Transoft‘s global civil and traffic management portfolio providing links and integrations between our respective products."I am proud to have founded CADaptor Solutions and taken our CONE Software product with its wide UK user base to this point. I am confident that Transoft is a great home in which to continue to advance our ethos of providing quality and time-saving products, along with excellent support and training."About Transoft SolutionsTransoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modeling, and design solutions are used in over 150 countries serving more than 100,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Serbia, Slovenia, Spain, and China.For more information on Transoft's range of aviation, civil design, planning, and transportation safety and operations solutions, visit us at: transoftsolutions.comMedia Contact :Public Relations, Transoft SolutionsEmail: publicrelations@transoftsolutions.comSOURCE: Transoft Solutions, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

TransNusa Becomes First Indonesian Airline To Be Recognised For Registering Highest Passenger Growth Within Southeast AsiaPT TransNusa Aviation Mandiri (TransNusa) sets a milestone as the first airline to earn an award within such a short time of operations at Changi AirportTransNusa’s becomes first Indonesian airline to win a Changi Airline AwardTransNusa recognised by the international aviation community for the strategic development of its regional network connectivityJAKARTA, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Three-year old TransNusa, the new aviation player with new rules, has yet again set a new benchmark by securing the top airline award for passenger growth in Southeast Asia.At the annual Changi Airline Award 2026, organised by the Changi Airport Group, TransNusa received the esteemed Top Airline By Absolute Passenger Growth In Southeast Asia award, besting, both Low-Cost Carriers and full-fledged airlines operating within the Southeast Asia region from Changi Airport.The airline, led by prominent aviation veteran, Datuk Bernard Francis, made history as the first Indonesian airline to be recognised by Changi Airport Group for registering the highest passenger growth within the Southeast Asia region. The award reflects TransNusa’s strong performance and rapid growth since commencing operations at Changi Airport on 20 November 2023. It also underscores the effectiveness of TransNusa’s customised business model, which has been instrumental in driving passenger demand and operational successes since the airline’s inception in 2023.TransNusa Group Chief Executive officer, Datuk Bernard Francis said that the award is a worldwide recognition by the international aviation community on TransNusa’s strategic and focused development of a regional network connectivity that has enabled the airline to increase and grow its passenger base.“Our regional and domestic network connectivity expansion is based on the needs and demands of our passengers, among other variables,” said Datuk Bernard, adding that TransNusa had developed new routes specifically to meet the changing needs and demands of its passengers.“We created and introduced new routes from Bali to Manado. We are the first Indonesian airline to have scheduled flight to Guangzhou, China, from three locations in Indonesia, which is Bali, Manado and Jakarta. In fact, we are the second Indonesian airline to operate scheduled flight to China,” Datuk Bernard explained, adding that Datuk Bernard continued that TransNusa will continue to grow and enhance its network connectivity in response to the evolving passenger demands.On the Changi Airline award, Datuk Bernard said that the award recognises TransNusa for its rapid growth and its role in creating and starting new scheduled flight routes while enhancing its regional network connectivity.Datuk Bernard added that the award further reinforces TransNusa’s position as one of the fastest growing airlines in Southeast Asia reflecting the collective efforts of the TransNusa team, the unwavering support of the airline’s partners, and the confidence of its passengers.“TransNusa has always claimed that we provide competitive and quality air travel services and this award acknowledges our commitment towards the affordability, safety and comfort we offer our passengers,” Datuk Bernard further explained.CAG Chief Executive Officer, Yam Kum Weng presented the esteemed award to Datuk Bernard, on April 29, at the award ceremony, which was attended by about 90 airlines and aviation partners.A MOMENTOUS EVENT… Datuk Bernard with the Top Airline By Absolute Passenger Growth In Southeast Asia awardTransNusa, started its operations in 2023, under the leadership of Malaysian-born Datuk Bernard. The airline created history by launching its first international scheduled flight within six months of operations. TransNusa, which operates on a customised business model, which was spearheaded and developed by Datuk Bernard, was the first in the region to rebrand itself as a Premium Service Carrier on 14th April 2023 in conjunction with the launch of its first international scheduled flight from Jakarta to Kuala Lumpur, Malaysia. In the same year, TransNusa launched scheduled flights between Jakarta and Singapore on 20 November, 2023.Meanwhile, on the domestic front, the airline rebranded itself as a Premium Service Carrier on 1 April, 2025. Following its rebranding, TransNusa operates as a premium air service provider focusing on passenger comfort, flexible booking options (Seat, Seat-Plus, Flexi-Pro), and offering meals and more legroom.TransNusa’s SEAT passengers will enjoys check-in baggage of 20kgs, over and above the 7kgs limit offered as a passenger’s hand carry. For the highest package, FLEXI-PRO, TransNusa increased its baggage allowance to 30kgs, free to choose seats, free food, and drinks, and priority boarding. In addition, TransNusa also provides its FLEXI-PRO passengers with the flexibility to change their flight schedule without restrictions and obtain refund.About TransNusaTransNusa Airline, is a Premium Service Carrier. In February 2024, the airline rebranded itself to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022.In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta and Bali.On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur, Perth, Shanghai, and Shenzhen. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model. Passengers can book their flights on the TransNusa website at www.transnusa.co.id, through any secure online travel agent, through authorized travel agents in Singapore and Indonesia.Primary International Media Contact:Trina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MANILA, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - The Philippines’ energy market comes together once again as Solar & Storage Live Philippines 2026 returns to Manila’s SMX Convention Center on 19-20 May 2026. As the country’s largest clean energy event, this free-to-attend exhibition and conference will welcome over 18,000 energy professionals, alongside 350+ sponsors and exhibitors and 150+ speakers across the solar, energy storage, and wider power ecosystem.Over the past decade plus, Solar & Storage Live Philippines has grown into the central annual meeting point for the Philippines’ solar and energy storage industry, bringing together developers, EPCs, installers, utilities, large energy users, policymakers, investors solution providers and more under one roof. As the Philippines accelerates solar deployment, the 2026 edition provides a timely platform to connect supply with demand, ideas with execution and policy with real-world projects.The event is supported by leading industry organizations across the energy sector, including ASIP, CREST, ENPAP 4.0, IIEE, IPPF, PSSEA, The CentRE, UPEEP, and many more, ensuring strong representation across the ecosystem.Paul Clark, Managing Director of Terrapinn Pte Ltd, shared: “The response to this year’s Solar & Storage Live Philippines has been incredible. There’s more interest in ever before on the opportunities in the Filipino market and there’s no better place to explore how you can be a part of it. Thousands of registrations are pouring in from across the industry, all joining us at the premier marketplace for solar and energy storage solutions in the Philippines. The importance of energy security is front-of-mind for experts across the world right now – and we’re delighted that Solar & Storage Live Philippines can help contribute to that debate. Join us in Manila and make in-person connections that can change the game – it’s going to be our biggest and best yet!”What to expect at Solar & Storage Live Philippines 2026:350+ sponsors and exhibitors, showcasing the latest technologies across PV modules, inverters, battery energy storage systems (BESS), mounting structures, components, and smart energy solutions.150+ expert speakers, featuring leaders from organizations including TransCo, Meralco, AboitizPower, TotalEnergies and many more, across multiple conference tracks covering Large Scale Solar, C&I Rooftop Solar, Energy Storage & Batteries, Residential Rooftop Solar, EVs & EV Infrastructure, Rural Electrification, and Future Energy.C&I solar and energy storage deployment case studies, exploring how businesses are unlocking ROI through onsite solar, hybrid systems, and energy storage.Utility-scale solar & grid integration insights, examining how large-scale solar and storage projects are financed, built, and integrated to meet growing energy demand.Expert-led workshops, giving practical knowledge on system design, BESS integration, installation best practices, safety standards, and troubleshooting at the Solar Installer University.Solar & Storage Live Philippines 2026 continues to play a critical role in supporting the country’s energy ambitions by providing a platform where business, policy, and technology converge.Whether sourcing new solutions, exploring partnerships, or gaining insights into market developments, the event remains a must-attend for anyone involved in the Philippines’ solar and energy storage market.For more information and to register for the event, please visit: https://www.terrapinn.com/SSLPH-ACN-PRAbout Solar & Storage Live PhilippinesSolar & Storage Live Philippines is the leading event dedicated to advancing the adoption of solar and energy storage technologies in the Philippines. Organized annually, the event brings together industry stakeholders, policymakers, investors, and innovators to exchange ideas, share best practices, and drive collaboration towards a sustainable energy future.About TerrapinnTerrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change.Terrapinn – spark something. https://www.terrapinn.com/Press attendance is complimentary. Enquiries should be directed to:Judith SohMarketing ManagerTerrapinn Pte LtdJudith.Soh@terrapinn.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Toronto, Ontario, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce that it has entered into an agreement with ATB Cormark Capital Markets to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the "Underwriters") in connection with a "bought deal" private placement of 14,493,000 Class A common shares of the Company that will each qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "FT Shares"), at a price of $1.38 per FT Share, for gross proceeds of $20,000,340 (the "Offering").In addition, the Company will grant the Underwriters an option (the "Option") to increase the size of the Offering by up to an additional $3,000,120, on the same terms and conditions as the Offering, by giving written notice of the exercise of the Option, or a part thereof, to the Company at any time up to 48 hours prior to Closing Date (as defined below). In the event the Option is fully exercised, the maximum gross proceeds raised under the Offering will be C$23,000,460.The Company will use an amount equal to the gross proceeds from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act (Canada) (the "Tax Act"), to further exploration and development of the O'Brien Gold Project, including deep drilling beyond the scope of the current program, which expenses will be (or deemed to be) eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as both terms are defined in the Tax Act) (the "Qualifying Expenditures"), on or before December 31, 2027, and to renounce all such Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2026. In the event the Company is unable to renounce Qualifying Expenditures effective on or prior to December 31, 2026 for each FT Share purchased in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares, the Company will indemnify each FT Share subscriber, as applicable, for the additional taxes payable by such subscriber as a result of the Company's failure to renounce the Qualifying Expenditures as agreed.In consideration for the services provided to the Company in connection with the Offering, the Underwriters will be entitled to receive a cash commission equal to 6% of the aggregate gross proceeds of the Offering other than with respect to sales to purchasers on the President's List, if any, for which the Underwriters will receive a cash fee of 3% (the "Cash Commission"). For the avoidance of doubt, the Cash Commission will not be paid from the gross proceeds of the Offering and will be paid by the Company with existing cash on hand.The Offering is expected to close on or about May 28, 2026 (the "Closing Date"), or such other date as the Company and the Underwriters may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the conditional approval of the TSX Venture Exchange.The Company understands that the initial subscribers of the FT Shares may subsequently choose to (i) donate such FT Shares to registered charities, who may in turn choose to sell such FT Shares to purchasers arranged by the Underwriters (the "Re-Offered Shares"); or (ii) sell such FT Shares to purchasers arranged by the Underwriters. The Company will not be a party to any such arrangements. The Re-Offered Shares will not be subject to a hold period pursuant to applicable Canadian securities laws.Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the FT Shares will be offered for sale to purchasers resident in all provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The FT Shares acquired under the Offering by purchasers resident in Canada under the Listed Issuer Financing Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.There is an offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.radissonmining.com. Prospective purchasers should read this offering document before making an investment decision.This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any of the securities laws of any state of the United States, and are not being offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from the registration requirements of the U.S. Securities Act and any applicable securities laws of any state of the United States.Qualified Persons Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for the Company and a Qualified Person for purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Nieminen is independent of the Company and the O'Brien Gold Project.About Radisson MiningThe Company is a gold exploration company focused on its 100% owned O'Brien Gold Project ("O'Brien" or the "Project"), located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au).Please see the technical report titled "O'Brien Gold Project NI 43-101 Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025 (the "PEA"), Radisson's news release dated March 2, 2026 titled "With Step-Out Drilling Continuing, Radisson Demonstrates Meaningful Resource Growth at O'Brien with an Updated Mineral Resource Estimate" and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the Project. The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.The Company's head and registered office is located at 50 du Petit-Canada Street, Rouyn-Noranda, Québec J0Y 1C0. The Class A common shares of the Company are listed on the TSX-V under the symbol "RDS" and on the OTCQX under the symbol "RMRDF".For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comNeither 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsThis news release may contain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities legislation (collectively, "forward-looking information"), including, but not limited to, the Offering, including statements about the Offering (including the completion of the Offering on the terms and timeline as announced or at all, the tax treatment of the FT Shares, the timing to renounce all Qualifying Expenditures in favour of the subscribers, the use of proceeds of the Offering and the exercise of the Option by the Underwriters), statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions and the Company's anticipated work programs. Often, but not always, forward-looking information can be identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information reflects the Company's beliefs and assumptions based on information available at the time such statements were made. Actual results or events may differ from those predicted in forward-looking information. All of the Company's forward-looking information is qualified by the assumptions that are stated or inherent in such forward-looking information, including the assumptions listed below.Although the Company believes that the assumptions underlying the forward-looking information contained in this news release are reasonable, this list is not exhaustive of the factors that may affect any forward-looking information. The key assumptions that have been made in connection with forward-looking information include the following: that the Offering will close on the anticipated timeline or at all and on the anticipated terms; that the Company will use the proceeds of the Offering as anticipated; and that the Company will receive all necessary approvals in respect of the Offering.Forward-looking information involves known and unknown risks, future events, conditions, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties; that the Offering will not close on the anticipated timeline or at all on the anticipated terms; that the Company will not use the proceeds of the Offering as anticipated; that the Company will not receive all necessary approvals in respect of the Offering; that the Underwriters may not exercise the Option; market volatility; the state of the financial markets for the Company's securities; the speculative nature of mineral exploration and development; fluctuating commodity prices; the future tax treatment of the FT Shares; competitive risks; costs of exploration; the actual results of current exploration activities; risks and uncertainties related to the ability to obtain or maintain necessary licenses, permits or surface rights; errors in geological modelling; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; exploration results not being consistent with the Company's expectations; the supply and demand for, deliveries of, and the future prices of commodities; accidents, labour disputes and other risks of the mining industry; the availability of qualified employees and contractors; political instability; the impact of value of the Canadian dollar and U.S. dollar, foreign exchange rates on costs and financial results; market competition; changes in taxation rates or policies; technical difficulties in connection with mining activities; changes in environmental regulation; environmental compliance issues; delays in obtaining governmental approvals or financing; and other risks of the mining industry.Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Readers should consider reviewing the detailed risk discussion in the sections entitled "Risks and Uncertainties related to Exploration" and "Risks Related to Financing and Development" in the management discussion & analysis for the year ended December 31, 2025, the financial statements of the Company, and other public disclosure of the Company, all of which are available on SEDAR+ under Radisson's issuer profile, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Forward-looking information contained herein is given as of the date of this news release and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events, or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.Not for distribution to United States newswire services or for dissemination in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/296112 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, BC, May 5, 2026 - (ACN Newswire via SeaPRwire.com) - Gold Basin Resources Corporation ("Gold Basin" or the "Company") (TSX.V:GXX) alerts the market that the purported joint venture between Gold Basin and Helix Resources Limited ("Helix") (HLX) (the "Invalid Helix Joint Venture") announced by Helix in its ASX Announcement on April 29, 2026 (the "Helix Announcement") is not valid and has no standing. Accordingly, it is the Company's opinion that Helix has no interest or rights in the Gold Basin Property.The Invalid Helix Joint Venture was approved and signed by Gold Basin's prior management contrary to a court order from the Supreme Court of British Columbia issued by Justice Baker on February 2, 2026, restraining Gold Basin from selling, transferring, disposing of, leasing, or encumbering any property of Gold Basin. Furthermore, the Invalid Helix Joint Venture did not receive the required approval of the TSXV and the Company is of the view that the Invalid Helix Joint Venture did not disclose the required Canadian related party transaction disclosures including Kevin Lynn being a director of Helix and a director of Gold Basin Resources (Australia) Pty Ltd., and constituted an improper defensive tactic in response to the announcement of an unsolicited offer by Mayfair Acquisition Corp. to acquire Gold Basin in contravention of National Policy 62-202 - Take-Over Bids - Defensive Tactics.Accordingly, for the above noted reasons, it is the Company's position that no valid joint venture has been formed between Helix and the Company.The Company provides further particulars below with respect to the Invalid Helix Joint Venture and the Helix Announcement which the Company believes shareholders should be made aware of in considering the propriety of the Invalid Helix Joint Venture.Kevin Lynn, a director of Helix was also a director and secretary of Gold Basin Resources (Australia) Pty Ltd, a wholly owned subsidiary of Gold Basin, this was not publicly disclosed by Gold Basin to the market.The purported "Initial Binding Letter JV offer" dated November 12th, 2024 and issued by Helix was on Helix letterhead and was signed by Michael Povey as Chair of Helix. The agreement is dated 52 days before Mr. Povey became a director of Helix on January 3, 2025, and 18 days after Mr. Povey resigned from the board of Gold Basin, and while he was still an advisor to Gold Basin. Mr. Povey falsely claimed to be the Chair of Helix in the November 12th, 2024, document.On March 27, 2025, Helix Resources announced a deal to purchase the White Hills project from companies owned by Charles Straw (Gold Basin's CEO at the time) and Gold Basin's former Consulting Geologist and Project Manager Calvin Heron, a deal which granted the vendors cash consideration and a right to become a material shareholder in Helix Resources.Mr. Straw was appointed as President of Gold Basin on March 19, 2021. It is not clear when Mr. Straw acquired the White Hills project, but Gold Basin referenced this project in a November 2022 press release as containing exploration targets of interest to Gold Basin. Mr. Straw acquired a State lease on a portion of the White Hills project in early 2023 referred to as "Section 2". This acquisition appears to have violated the non-competition and area of influence provisions in Mr. Straw's consulting agreement with Gold Basin and would therefore be in breach of his fiduciary duty to Gold Basin.A little over a month following the announcement of the transaction between Mr. Straw and Helix, Gold Basin issued a press release announcing that Helix, the very Company that Mr. Straw, Gold Basin's CEO had agreed to sell properties to, had purportedly entered into an earn in agreement with Gold Basin to acquire a 40% interest and a 1% net smelter royalty in the Gold Basin Project.Mr. Povey, a close business associate of Mr. Straw (Mr. Povey and Mr. Straw were recently subject to an action in the Supreme Court of Australia by the liquidator of Ochre Group) and a former CEO and director of Gold Basin, was an advisor to Gold Basin and was Chair of Helix at all material times with respect to the negotiation of the Invalid Helix Joint Venture, except for the November 12, 2024 agreement when Mr. Povey represented he was the Chair of Helix but was not.In the Helix Announcement, Helix states as of 30th April 2026 it has no disputes or litigation recorded against it. This statement is not factual. On October 28, 2025, Gold Basin shareholders filed a petition to set aside the Invalid Helix Joint Venture with Gold Basin in the Supreme Court of British Columbia naming Gold Basin and Helix as respondents. The petition outlines the undisclosed related party nature of the purported transaction, the absence of proper approvals, the unfair and unreasonable terms, an improper defensive tactic to a take over proposal, and other breaches of procedures and policies.The Company has reserved all of its rights against the former directors of the Company and has initiated the appropriate steps to file appropriate proceedings to recover from them, personally, any losses the Company alleges it has suffered, and may continue to suffer, as a result of their actions The Company's controlling shareholder, CANEX Metals Inc., has advised that it intends to seek contempt orders against each of the former directors of the Company personally for any breach of the restraining orders issued by the Supreme Court of British Columbia preventing former directors from impairing the value of Gold Basin or its Arizona property.About Gold Basin Resources CorporationGold Basin Resources Corporation holds the 42 km2 Gold Basin Project in Mohave County Arizona. The project hosts large mineralized trends containing near surface oxide gold mineralization and has seen over 800 historic and current drill holes into mineralized deposits up to 1.7 kilometres in length.On Behalf of the Board of Directors"Shane Ebert"Shane Ebert, President, Chief Executive Officer and DirectorFor Further Information Contact:Shane Ebert at 1.250.964.2699info@goldbasinresources.caNeither 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.Forward-Looking StatementsExcept for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "will", "intends", "may" and similar expressions, are forward-looking information that represents Gold Basin Resources Corporation's expectations or beliefs concerning, among other things: whether CANEX Metals Inc. will obtain a contempt order against the former directors of the Company; whether the Petition will be successful in setting aside the agreement with Helix; whether steps or proceedings against the former directors of the Company will recover losses the Company alleges it has suffered, and may continue to suffer, and recover the gains the Company alleges its former directors may have benefited from; and whether the new board will be able to address the current state of the Company and create value for stakeholders. The estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Gold Basin's actual performance and financial results in future periods to differ materially from any estimates and beliefs of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those risks described in Gold Basin's filings with Canadian securities authorities. Accordingly, holders of Gold Basin's common shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Gold Basin disclaims any responsibility to update these forward-looking statements, except as required by applicable laws.SOURCE: Gold Basin Resources Corporation Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com