American Marconi Wireless News - SLAM Commences OTCQB Trading Under Symbol SXLXF

"Listing on the OTCQB marks a key milestone for SLAM as we expand our market presence and improve accessibility for U.S. investors," said Michael Taylor, President and CEO of SLAM. "We believe this broader North American exposure will help grow our shareholder base and enhance the Company's profile at this pivotal time. In 2026, we will continue to advance the Goodwin Copper Nickel Cobalt project in the Bathurst Mining Camp as well as our broader New Brunswick portfolio where diamond drilling is planned to follow our recent gold discoveries at Jake Lee and Menneval."

The OTCQB, operated by OTC Markets Group Inc., is a recognized U.S. public market for entrepreneurial and development-stage companies that meet current reporting standards. Trading on the OTCQB is expected to enhance the Company's visibility among U.S. investors and provide greater accessibility for trading in U.S. dollars during U.S. market hours. Real-time quotes and market information will be available on the OTC Markets website under the ticker "SXLXF", supporting increased liquidity and broader investor engagement.

The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "SXL".

About SLAM Exploration Ltd: SLAM Exploration Ltd. is a publicly listed resource company with a 40,000-hectare portfolio of mineral claim holdings in the mineral-rich province of New Brunswick. This portfolio is built around the Goodwin Copper Nickel Cobalt project in the Bathurst Mining Camp ("BMC") of New Brunswick. The Company drilled 10 holes in the 2025 diamond drilling campaign on the Goodwin copper-nickel-cobalt project. This followed significant copper, nickel and cobalt intercepts from 15 diamond drill holes reported by the Company in 2024. These include a 64.90 meter core interval, grading 2.19% Cu-Eq (copper-nickel-cobalt), including 3.84% Cu-Eq over a 31.20 meter core interval from hole GW24-02 as reported in a news release August 7, 2024. Significant gold values were also reported with up to 3.31 grams per tonne over 0.5m in hole GW24-01.

The Company discovered a new gold vein at Jake Lee in 2025 and recently reported up to 40.5 g/t gold and 63.30 g/t silver from channel samples cut from the vein. A 200 meter by 400 meter soil anomaly with gold grading up to 0.98 g/t gold lies adjacent to the east and north of the new gold vein. The Jake Lee claims are located 25 kilometers southeast of the Clarence Stream gold deposit where Galway Metals Inc. Clarence Stream is host to a 12.4M tonne indicated resource of 922,000 ounces at a grade of 2.31 g/t gold plus an inferred resource of 16.1m tonnes with 1,334,000 ounces at a grade of 2.60 g/t gold. (Reference: "Updated Mineral Resource Statement, Clarence Stream Deposits, New Brunswick, Canada, by SLR Consulting (Canada) Ltd., March 31, 2022").

The Company reported an expansion of the soil coverage on the Menneval gold project on January 7, 2026. A gold soil anomaly extends approximately 3,000 meters by 2,500 meters with gold-bearing samples ranging from 0.005 grams per tonne ("g/t") to 0.683 g/t gold. The results indicate potential extensions to a swarm of quartz veins previously discovered by SLAM. The Company previously reported core intervals include 3,955 g/t gold over 0.1m from the No. 18 vein (December 03, 2020), as well as 162.5 g/t gold over 0.2 m (December 13, 2021) and 56.90 g/t gold over 0.5 m (November 22, 2022) from the Maisie vein.

The Company is a project generator and expects to receive significant cash and share payments in 2026. SLAM received 1,200,000 shares plus cash from Nine Mile Metals Inc. (NINE) in 2025 pursuant to the Wedge project agreement. Also in 2025, the Company received a cash payment of $60,000 as well as 180,000 shares of a private company pursuant to the Ramsay gold agreement. The Company holds NSR royalties and expects to receive additional cash and share payments on the Wedge copper zinc project and on the Ramsay gold project.

To view SLAM's corporate presentation, click SXL-Presentation. Additional information is available on SLAM's website and on SEDAR+ at www.sedarplus.ca. Follow us on X @SLAMGold.Join our company newsletter by clicking SXL-News to receive timely company updates and press releases relating to SLAM Exploration.

Qualifying Statements: Mike Taylor P.Geo, President and CEO of SLAM Exploration Ltd., is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release.

CONTACT INFORMATION:

Mike Taylor, President & CEO
Contact: 506-623-8960
[email protected]

Jimmy Gravel, Vice-President
Contact 902-273-2387
[email protected]

SEDAR+: 00012459

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 statements within the meaning of applicable Canadian securities laws. Forward-looking statements are frequently characterized by words such as "plan," "expect," "intend," "anticipate," "believe," "estimate," "may," "will," "would," "potential," or variations of such words and phrases, or statements that certain actions, events or results "may" or "will" occur. All statements in this news release, other than statements of historical fact, that address activities, events or developments that the Company expects or anticipates will or may occur in the future are forward-looking statements.

Forward-looking statements in this news release include, but are not limited to, statements relating to: the anticipated benefits of the Company's OTCQB quotation, including enhanced visibility, broader exposure to U.S. investors, increased liquidity and improved accessibility for trading; the Company's expectation that the OTCQB quotation will broaden its shareholder base and elevate its corporate profile; Investors can expect a steady flow of news as the Company advances its district-scale Goodwin copper-nickel-cobalt project and reports encouraging success across multiple assets in the mineral-rich province of New Brunswick and undertakes an active exploration and drilling season in 2026, including the timing and nature of future news flow.

Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, without limitation: the risk that the OTCQB quotation may not provide the anticipated benefits to the Company or its shareholders; the risk that trading in the Company's common shares may be affected by general market, economic, industry, political or regulatory conditions; the risk that the Company may not be able to maintain its OTCQB quotation; the risk that exploration activities, results or related programs may not proceed as currently contemplated, or at all; and the other risk factors described from time to time in the Company's public disclosure filings available under the Company's profile on SEDAR+.

Although the Company believes that the assumptions and expectations reflected in the forward-looking statements are reasonable, undue reliance should not be placed on such statements, because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update or revise them, whether as a result of new information, future events or otherwise, except as required by applicable law.

SOURCE: SLAM Exploration Ltd.

View the original press release on ACCESS Newswire

F.Pedersen--AMWN