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Nexcel Metals Exercises Second Option, Increasing Ownership of Original Burnt Hill Property to 80.28...

Nexcel Metals Exercises Second Option, Increasing Ownership of Original Burnt Hill Property to 80.28% Vancouver, British Columbia--(Newsfile Corp. - October 5, 2026) - Nexcel Metals Corp. (CSE: NEXX) (OTCQB: NXXCF) (FSE: 2OH) ("Nexcel" or the "Company") is pleased to announce that it has exercised the second option (the "Second Option") under its option agreement dated October 3, 2025 (the "Option Agreement") with Cadillac Ventures Inc. ("Cadillac" or the "Optionor") and Wyloo Ring of Fire Ltd. ("Wyloo"), increasing the Company's ownership interest in the Burnt Hill Tungsten Project (the "Burnt Hill Project" or the "Property") in New Brunswick, Canada, from 71.58% to 80.28%.

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