Aurbis Resources signs agreement to spin out Universal Nickel

• Aurbis Resources signed a November 12, 2026 agreement to separate its Ducros Nickel Project in Québec through wholly owned Universal Nickel.
• Shareholders will receive one replacement common share per existing share, preserving proportional ownership, alongside a pro rata distribution of 4,400,000 Universal Nickel shares.
• Universal Nickel will operate independently, focused on Ducros; its former parent will retain no stake and focus on its remaining mineral properties.
• Completion is expected in the first quarter of 2027, subject to securityholder approval at the December 18, 2026 meeting and court approvals.
• Universal Nickel shares will remain unlisted upon completion, with no assurance of a future listing or trading market.

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. Aurbis Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611131845NEWSFILECNPR____20261113_324041_1) on November 13, 2026, and is solely responsible for the information contained therein.