Future Mineral revises payment terms for remaining 52% stake in Polish mining project

Future Mineral amended its acquisition of Forbes EV Metals, which holds the remaining 52% of its Polish nickel-zinc-lead project. The $2.6 million payment will be covered by promissory notes bearing 10% annual interest, payable annually, maturing 24 months after closing. The promissory notes may be prepaid without penalty; overdue amounts will accrue 12% annual interest. A first-ranking pledge of all Ferrite Polska shares held directly or indirectly will secure the promissory notes. The completion deadline was extended to December 31, 2026; closing is expected in November 2026, subject to conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Future Mineral Resources Inc. published the original content used to generate this news brief via (Ref. ID: 202610160730PRIMZONEFULLFEED9847043) on October 16, 2026, and is solely responsible for the information contained therein. (C)