Bolt Metals Corp. is changing its corporate name to 26 Metals Inc. and will begin trading on the Canadian Securities Exchange under the new ticker symbol "IRON" at market open on August 19, 2026.

The rebrand marks a strategic pivot for the company, reflecting its focus on advancing the Florália Iron Project in Minas Gerais, Brazil. Bolt Metals executed a definitive option agreement on May 12, 2026, to acquire a 100% interest in the Florália High Purity Iron Property from Max Iron Brazil Ltd.

The project sits within the Quadrilátero Ferrífero, a mature mining district with established infrastructure. Beneficiation testwork has demonstrated the potential to upgrade Florália material into a sinter-feed iron product grading above 61% iron, with silica, alumina and phosphorus levels below Platts IODEX benchmark specifications.

The company is evaluating a dry magnetic separation flowsheet to eliminate the need for a wet tailings storage facility.

"This rebrand is about conviction," said Zachary Kotowych, CEO and Director. "Following the announcement of the option relating to the Project, we assessed our current projects and what we have at Florália - a high-grade iron project, in one of the premier iron addresses in the world, that can be built cleanly and quickly - and we decided to plant a flag. 26 Metals and the ticker IRON tell our shareholders and the market exactly who we are and what we are building. The work now is simple to state and relentless to execute: drill it, define it, permit it, and take it toward production."

To support these objectives, 26 Metals is advancing an active drill program at the project designed to support a maiden mineral resource estimate. In parallel, the company is progressing environmental licensing and permitting workstreams to move the project toward a development decision.

The name change does not affect the number of common shares issued and outstanding. Existing share certificates remain valid under new CUSIP number 90140G106 and ISIN number CA90140G1063.

In addition to the corporate rebrand, the company appointed Rob Saltsman to its board of directors. Saltsman brings 25 years of experience in venture capital and public investments, having founded First Lithium Minerals Corp. and served in leadership roles across various private equity and venture capital entities.

Read the full announcement: Bolt Metals to Rebrand as 26 Metals Inc. and Adopt the Ticker "IRON," Highlighting Its Focus on Flagship Florália Iron Project in Brazil's Iron Quadrangle