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Minnova Provides Corporate Update

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Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) announced that its common shares have been halted for trading on the TSX Venture Exchange (TSXV) since August 6, 2025. The company has submitted a trading reinstatement application to the TSXV.

On August 13, 2025, Minnova received notice that it must meet Tier 2 Continued Listing Requirements by November 5, 2025, or risk being transferred to NEX. The company states it is actively working to meet these requirements.

Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ha comunicato che le sue azioni ordinarie sono sospese dalla negoziazione sullo TSX Venture Exchange (TSXV) dal 6 agosto 2025. La società ha presentato una domanda per la ripresa delle negoziazioni al TSXV.

Il 13 agosto 2025 Minnova ha ricevuto l’avviso che deve soddisfare i Requisiti di Quotazione Continuativa di Tier 2 entro il 5 novembre 2025, altrimenti rischia il trasferimento a NEX. L’azienda dichiara di lavorare attivamente per adempiere a tali requisiti.

Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) anunció que sus acciones ordinarias están suspendidas de negociación en la TSX Venture Exchange (TSXV) desde el 6 de agosto de 2025. La empresa ha presentado una solicitud para la reapertura de la negociación ante la TSXV.

El 13 de agosto de 2025, Minnova recibió un aviso indicando que debe cumplir los Requisitos de Cotización Continua de Nivel 2 antes del 5 de noviembre de 2025, o de lo contrario corre el riesgo de ser transferida a NEX. La compañía afirma que está trabajando activamente para cumplir con dichos requisitos.

Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF)2025년 8월 6일부터 TSX 벤처 거래소(TSVX)에서 보통주 거래가 중단되었음을 발표했습니다. 회사는 TSXV에 거래 재개 신청을 제출했습니다.

2025년 8월 13일 Minnova는 2025년 11월 5일까지 Tier 2 상장 유지 요건을 충족해야 하며, 그렇지 않으면 NEX로 이전될 위험이 있다는 통지를 받았습니다. 회사는 이 요건을 충족하기 위해 적극적으로 노력하고 있다고 밝혔습니다.

Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) a annoncé que ses actions ordinaires sont suspendues de cotation sur le TSX Venture Exchange (TSXV) depuis le 6 août 2025. La société a déposé une demande de réintégration des négociations auprès du TSXV.

Le 13 août 2025, Minnova a reçu un avis indiquant qu’elle doit satisfaire aux Exigences de Cotation Continue de Niveau 2 d’ici le 5 novembre 2025, sous peine d’être transférée vers NEX. La société déclare travailler activement à remplir ces exigences.

Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) gab bekannt, dass seine Stammaktien seit dem 6. August 2025 am TSX Venture Exchange (TSXV) aus dem Handel ausgesetzt sind. Das Unternehmen hat einen Antrag auf Wiederaufnahme des Handels bei der TSXV eingereicht.

Am 13. August 2025 erhielt Minnova die Mitteilung, dass es die fortlaufenden Listungsvoraussetzungen der Stufe 2 bis zum 5. November 2025 erfüllen muss, andernfalls droht eine Übertragung zu NEX. Das Unternehmen erklärt, aktiv daran zu arbeiten, diese Anforderungen zu erfüllen.

Positive
  • None.
Negative
  • Trading of shares halted on TSXV
  • Risk of being transferred to NEX if Tier 2 listing requirements not met by November 5, 2025
  • Company currently not meeting TSXV continued listing requirements

Toronto, Ontario--(Newsfile Corp. - August 14, 2025) - Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company"), announces that effective August 6, 2025, the Company's common shares (the "Common Shares") have been halted for trading at the request of the TSX Venture Exchange (the "TSXV"). The Company has filed a trading reinstatement application to the TSXV and will provide an additional update on resumption of trading occurs.

The Company has received notice from the TSXV dated August 13, 2025, that if, in accordance with the Continued Listing Requirements outlined in Exchange Policy 2.5, the Company no longer meets the Tier 2 Continued Listing Requirements by November 5, 2025, the Company may be transferred to NEX.

The Company is actively working towards meeting the Tier 2 Continued Listing Requirements.

About Minnova Corp.

Minnova Corp. is focused on the restart of its PL Gold Mine, which included completion of a Positive Feasibility Study in 2018 using a long-term gold price of US$1,250 per ounce. The study concluded the restart of the PL Mine, at an average annual production rate of 46,493 ounces over a minimum 5-year mine life, was economically robust. Importantly the global resource remains open to expansion, as does the reserve. The PL Gold Mine benefits from a short pre-production timeline forecast at 15 months, a valid underground mining permit (Environment Act 1207E), an existing 1,000 tpd processing plant, over 7,000 meters of developed underground ramp to -135 metres depth. The project is fully road accessible and close to existing mining infrastructure in the prolific Flin Flon Greenstone Belt of Central Manitoba.

For more information please contact:

Minnova Corp.
Gorden Glenn
President & Chief Executive Officer
Tel: 647-985-2785

Investor Relations: info@minnovacorp.ca
Website: www.minnovacorp.ca

Forward Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262576

FAQ

Why were Minnova Corp (AGRDF) shares halted from trading?

Minnova's shares were halted for trading on August 6, 2025 at the request of the TSX Venture Exchange. The company has filed a trading reinstatement application.

What happens if Minnova Corp (AGRDF) doesn't meet TSXV listing requirements?

If Minnova fails to meet Tier 2 Continued Listing Requirements by November 5, 2025, the company may be transferred to NEX.

When will Minnova Corp (AGRDF) resume trading on TSXV?

The company has filed a trading reinstatement application with TSXV but has not provided a specific date for resumption of trading. They will provide updates when trading resumes.

What is Minnova Corp (AGRDF) doing about its TSXV listing status?

Minnova states it is actively working towards meeting the TSXV Tier 2 Continued Listing Requirements before the November 5, 2025 deadline.
Minnova

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