Equity Metals publishes Q3 MD&A for period ended May 31, 2026

• Equity Metals published its fiscal third-quarter MD&A, highlighting a ramp-up in exploration led by the Silver Queen property in British Columbia.
• Net loss for the nine months ended May 31, 2026 widened to CAD 7.7 million from CAD 3.08 million, driven by higher exploration spend of CAD 4.16 million and share-based compensation of CAD 3.04 million.
• Cash and cash equivalents rose to CAD 7.36 million from CAD 2.8 million at the prior fiscal year-end, supported by CAD 4.6 million of charity/premium flow-through unit financing and CAD 4.29 million from warrant and option exercises.
• The company reported it earned 100% rights in the Arlington property in British Columbia, with exploration and evaluation assets increasing to CAD 833,659 from CAD 283,659.
• Working capital increased to CAD 6.27 million from CAD 2.23 million.

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