AE Fuels (OTCQB:NRGFF) expanded its 100%-owned Fluorite Ridge fluorspar project in New Mexico to 81 lode claims over ~1,673 acres and ~7 km of strike in a historic producing district, with historic grades reported up to 92% CaF2.
The company completed soil, mapping and channel sampling programs, is advancing metallurgical and environmental studies toward drill-ready targets, adopted an advance notice policy for director nominations, and plans up to CAD$300,000 in 12‑month, 5% convertible loans at a $0.17 conversion price.
AE Fuels (OTCQB: NRGFF; TSXV: AEF) announced that director Brandon Bonifacio has resigned from the board effective immediately.
The company thanked Mr. Bonifacio for supporting strategic corporate development, including introducing the TSXV vehicle used for AE Fuels' listing structure. The resignation is attributed to his increased commitments as CEO of NevGold. AE Fuels said board governance and management remain unchanged and the company continues to execute its strategic objectives.
Announcement dated May 1, 2026. Signed by Gary Lewis, President and CEO.
AE Fuels (OTCQB: NRGFF) reported surface rock-chip results at Pearana confirming high-grade manganese over a 3.5 km strike, with multiple assays >30% Mn and a peak of 51.8% Mn. A separate Pothole sample hit 57% Mn. The company has commissioned a 3,249-station high-resolution gravity survey to refine drill targets and aims for a Pre-Feasibility Study in 2027.
AE Fuels (OTCQB: NRGFF) announced formation of a Commercial Advisory Board led by Joe Kaderavek and appointment of Tyson Hall to support battery materials project development in Australia and North America.
The company retained Red Cloud for market-making at $5,000 per month, granted 600,000 DSUs and 400,000 PSUs, and agreed to settle $234,293.75 of debt by issuing 937,175 shares at $0.25 each; several actions are subject to TSX Venture Exchange and shareholder approvals.
AE Fuels (OTC:NRGFF) commenced Stage 3 testwork with Australia's CSIRO to scale a continuous purification flowsheet targeting battery-grade high-purity manganese sulphate monohydrate (HPMSM). The program is co-funded by CSIRO Kick-Start and aims to deliver operational data ahead of a planned PFS by mid-2027.
AEF also finalized its acquisition option for the South Woodie Woodie project (exercise dated January 13, 2026) and produced representative HPMSM samples to support offtake and funding discussions.
AE Fuels Corporation (OTCQB: NRGFF) announced commencement of trading on the OTCQB in New York effective February 9, 2026. The company said the US listing aims to expand visibility and liquidity for its two US-facing critical minerals projects and to reach US institutional and retail investors.
Quotes are available at otcmarkets.com/stock/NRGFF. The OTCQB requires current financial reporting, annual verification, and minimum listing standards.