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CDN Maverick Recovers Historical Drill Core at Nottaway Zn-Ag-Pb-Au Project and Raises $504,000 Through Warrant Exercise

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CDN Maverick Capital (OTCQB: AXVEF) recovered and began re-logging and assaying historical drill core from five 2015 SOQUEM diamond holes (total 875m) at the Nottaway Zn-Ag-Pb-Au project in northern Québec.

The company collected 65 half- and quarter-core samples for multi-element analysis at ALS, will re-assay earlier pegmatite intervals for lithium and other critical metals, and notes the strongest Maxwell plate (modelled at 500 S/m) remains untested. Photographs and assay results will be released when validated.

On Oct 30, 2025 the company reported exercise of 3,150,000 warrants for gross proceeds of $504,000, which management says fully funds next planned work.

CDN Maverick Capital (OTCQB: AXVEF) si è ripresa e ha iniziato a riesaminare e a eseguire nuove analisi sul core di perforazione storico proveniente da cinque pozzi diamantini SOQUEM del 2015 (totale 875 m) nel progetto Nottaway Zn-Ag-Pb-Au nel nord del Québec.

L'azienda ha raccolto 65 campioni di core mezzo e di core in quarti per analisi multi-elemento presso ALS, riassayerà gli intervalli di pegmatite precedenti per litio e altri metalli critici e segnala che la piastra Maxwell più forte (modellata a 500 S/m) resta non testata. Fotografie e risultati delle analisi saranno pubblicati quando validati.

Il 30 ottobre 2025 l'azienda ha comunicato l'esercizio di 3.150.000 warrant per proventi lordi di $504.000, che la direzione afferma finanziano completamente i lavori pianificati successivi.

CDN Maverick Capital (OTCQB: AXVEF) se recuperó y comenzó a volver a registrar y a tomar ensayos del core de perforación histórico de cinco agujeros de diamante SOQUEM de 2015 (total 875 m) en el proyecto Nottaway Zn-Ag-Pb-Au en el norte de Quebec.

La empresa recopiló 65 muestras de medio-core y de cuarto de core para análisis multielemento en ALS, re-analizará intervalos de pegmatita anteriores para litio y otros metales críticos, y señala que la placa Maxwell más fuerte (modelada a 500 S/m) permanece sin probar. Fotografías y resultados de ensayo serán publicados cuando estén validados.

El 30 de octubre de 2025 la empresa reportó el ejercicio de 3,150,000 warrants por ingresos brutos de $504,000, que la dirección dice que financian completamente el próximo trabajo planificado.

CDN Maverick Capital (OTCQB: AXVEF)은 회복되어 2015년 SOQUEM 다이아몬드 구멍 다섯 개의 역사적 시추 코어를 재로깅하고 분석을 시작했습니다(총 875 m). 북부 퀘벡의 Nottaway Zn-Ag-Pb-Au 프로젝트에서.

회사은 65개의 Half-core 및 Quarter-core 샘플을 ALS에서 다중 원소 분석용으로 수집했고, 리튬 및 다른 중요 금속에 대해 이전의 pegmatite 구간을 재분석할 것이며, 가장 강한 Maxwell 판(모델링된 값 500 S/m)은 아직 테스트되지 않았다고 밝힙니다. 사진과 분석 결과는 검증되면 발표될 예정입니다.

2025년 10월 30일에 회사는 3,150,000 워런트를 행사하여 총 수익 $504,000를 기록했다고 보고했으며, 경영진은 이는 다음 계획된 작업을 전적으로 자금을 조달한다고 말합니다.

CDN Maverick Capital (OTCQB: AXVEF) s'est relevé et a commencé à reconsigner et échantillonner à nouveau le cœur de forage historique provenant de cinq forages diamant SOQUEM de 2015 (total de 875 m) sur le projet Nottaway Zn-Ag-Pb-Au dans le nord du Québec.

L'entreprise a collecté 65 échantillons de demi-core et de core en quart pour une analyse multielementaire chez ALS, réanalysant des intervalles de pegmatite antérieurs pour le lithium et d'autres métaux critiques, et indique que la plaque Maxwell la plus forte (modélisée à 500 S/m) reste non testée. Des photographies et les résultats d'analyse seront publiés une fois validés.

Le 30 octobre 2025, la société a annoncé l'exercice de 3 150 000 warrants pour des recettes brutes de $504 000, que la direction affirme financer pleinement les prochains travaux prévus.

CDN Maverick Capital (OTCQB: AXVEF) hat sich erholt und begonnen, historische Bohrkern aus fünf SOQUEM-Diamantbohrungen von 2015 (insgesamt 875 m) am Nottaway-Zn-Ag-Pb-Au-Projekt im Norden von Québec erneut zu protokollieren und zu analysieren.

Das Unternehmen sammelte 65 Halb- und Viertelkernproben für Mehrfachanalysen bei ALS, wird frühere Pegmatit-Intervalle auf Lithium und andere kritische Metalle erneut analysieren und weist darauf hin, dass die stärkste Maxwell-Platte (modelliert mit 500 S/m) noch ungetestet ist. Fotografien und Analyseergebnisse werden veröffentlicht, sobald sie validiert sind.

Am 30. Oktober 2025 berichtete das Unternehmen über die Ausübung von 3.150.000 Warrants mit Bruttoerlösen von $504.000, die das Management zufolge die nächsten geplanten Arbeiten vollständig finanzieren.

CDN Maverick Capital (OTCQB: AXVEF) استعاد نشاطه وبدأ في إعادة تسجيل وتحليل لباطن حفر تاريخي من خمس حفر ماسٍّ SOQUEM في عام 2015 (إجمالي 875 م) في مشروع نوتواي Zn-Ag-Pb-Au في شمال كيبيك.

جمعت الشركة 65 عينة من النواة نصف النواة ونواة الرباعية للتحليل متعدد العناصر لدى ALS، وستعيد تحليل فترات بيغمايت السابقة لليثيوم وغيرها من المعادن الحيوية، وت note أن أقوى لوحة Maxwell (المتمثلة بـ 500 S/m) لم تُختبر بعد. سيتم نشر الصور ونتائج التحليل عند التحقق.

في 30 أكتوبر 2025 أعلنت الشركة عن تنفيذ 3,150,000 مناصري warrants لإيرادات إجمالية قدرها $504,000، وتقول الإدارة إنها ستمول بالكامل الأعمال المخطط لها التالية.

Positive
  • Recovered historical core: five holes totalling 875m
  • 65 core samples submitted to ALS for multi-element assays
  • Warrant exercises raised $504,000 (3,150,000 warrants)
  • Will re-assay pegmatite intervals for lithium and critical metals
Negative
  • Principal Maxwell conductor modelled at 500 S/m remains untested
  • 2015 drilling missed main subsurface conductors due to orientation
  • Notable intercepts show modest base-metal grades (Zn 0.27%, Pb 0.4%)

Vancouver, British Columbia--(Newsfile Corp. - November 11, 2025) - CDN Maverick Capital Corp. (CSE: CDN) (OTCQB: AXVEF) (FSE: 338B) ("Maverick" or the "Company") is pleased to announce that it has obtained and commenced logging and assaying core from five 2015 diamond drill holes completed by SOQUEM Inc. on the Company's Nottaway Zn-Ag-Pb-Au Project, located within the Opatica Subprovince of northern Québec.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4568/273948_162360a6f4f0eaa7_001.jpg

Figure 1 – Example of core being relogged and assayed from Hole 1393-01-2015.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4568/273948_162360a6f4f0eaa7_001full.jpg

"The recovery of this core gives Maverick an enormous advantage. Not only can we directly verify the historical base metal results, but we can now assay for lithium and other critical minerals known to be prolific in the Greenstone Belt, opening a massive new exploration potential and upside. With recent exercise of warrants, we are fully funded for future planned work," stated Sandy MacDougall, Chairman and Director.

SOQUEM drilled five NQ diamond drill holes (1393-15-01 to -05) totalling 875m to test electromagnetic (EM) conductors outlined by airborne SkyTEM and ground MaxMin surveys. Drilling intersected massive pyrrhotite–pyrite horizons with anomalous zinc, lead, and silver values features consistent with a volcanogenic-massive-sulphide (VMS) environment hosted in amphibolite-grade mafic volcanics along the Nottaway Shear Corridor. The following table highlights some of the most notable results.

CDN Maverick Capital Corp.
Nottaway Project, Northern Quebec
SOQUEM Drill Hole Intercepts







Hole IDFrom (m)To (m)Length (m)Zn (%)Pb (%)Ag (g/t)
1393-15-021141217.00.150.08-
1393-15-03151155.54.50.270.49.7

 

Table 1 – Results from the 2015 SOQUEM drill campaign.

Subsequent geophysical reinterpretation by Michel Allard (2017; Report GM71706) incorporated into Maverick's 2025 NI 43-101 Technical Report (available on SEDAR at https://www.sedarplus.ca/csa-party/records/document.html?id=16cb8be1e9fb46f59095c4d08c6ed5899939584320890882594f29af0d786fc6), demonstrates that the principal subsurface conductors were missed due to drill orientation and positioning. The strongest Maxwell plate, modelled at 500 S/m, remains untested. This reinterpretation explains why the earlier program fell short and reinforces the need for follow-up drilling.

The core from 2015 is being re-logged, photographed, and re-assayed under the supervision of Clyde McMillan, M.Sc., P.Geo. (OGQ #2193). A total of 65 half- and quarter-core samples have been collected and are being submitted to ALS Laboratories for multi-element analysis.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4568/273948_maverickf2_550.jpg

Figure 2 – Close-up example of a pegmatite dike in Hole 1393-01-2015.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4568/273948_maverickf2.jpg

Importantly, several pegmatitic and felsic intervals in the recovered core were never analyzed for lithium or other critical elements, as the regional Li-Cs-Ta (LCT) pegmatite potential was unrecognized in 2015. The Company will re-assay these sections to evaluate their critical-metal potential. The Nottaway project lies approximately 45 kilometres southeast of Q2 Metals Corp.'s Cisco lithium discovery, within the same greenstone belt now known to host both VMS and lithium-bearing pegmatite systems.

Simon D. Studer, Interim CEO, commented: "Recovering the complete SOQUEM core gives us a direct link to the early discovery history of the underexplored southern extension of the Frotet–Evans Greenstone Belt. We can now revisit what was drilled a decade ago with a new lens — one that sees both the potential VMS system they came close to and the lithium potential no one recognized before Cisco. It's rare to reopen a project with this level of technical insight and strategic head start."

Photographs from the re-logging and sampling campaign will be made available on the Company's website. Analytical results will be reported once received and validated.

On October 30, 2025, 3,150,000 outstanding share purchase warrants were exercised for a gross total proceeds of $504,000. The Company is now fully funded for the next planned phases of work.

Qualified Person
The technical content of this release has been reviewed and approved by Clyde McMillan, M.Sc., P.Geo., a Qualified Person under National Instrument 43-101.

About CDN Maverick Capital Corp.

CDN Maverick Capital Corp. (CSE: CDN) is a project generator and critical minerals exploration company focused on identifying and developing high-value assets using data-driven exploration strategies. The Company is advancing a portfolio of lithium and battery metals projects across tier-one mining jurisdictions in North America.

For further information, contact:
CDN Maverick Capital Corp.
Suite 2150 – 555 West Hastings Street
Vancouver, BC, Canada, V6B 4N6

ON BEHALF OF THE BOARD OF DIRECTORS

Sandy MacDougall
Founder, Chairman, and Director
sandyjmacdougall@gmail.com
C: +1 778 999 2159

Simon Studer
Interim CEO and Director
simondavidstuder@gmail.com
Phone: 0041 44 585 24 84

FOLLOW US:
Twitter: https://twitter.com/cdnmaverickcorp
Facebook: https://www.facebook.com/CDNMaverickCorp
LinkedIn: https://www.linkedin.com/company/cdnmaverick
Instagram: https://www.instagram.com/cdnmaverickcorp
YouTube: https://www.youtube.com/@cdnmaverickcorp

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273948

FAQ

What did CDN Maverick (AXVEF) recover at Nottaway on November 11, 2025?

The company recovered and began re-logging core from five 2015 SOQUEM holes (875m) and submitted 65 samples for ALS assays.

How much cash did AXVEF raise from warrant exercises and when?

On Oct 30, 2025 3,150,000 warrants were exercised for gross proceeds of $504,000.

Will CDN Maverick test the lithium potential at Nottaway (AXVEF)?

Yes. Previously unanalysed pegmatite intervals will be re-assayed to evaluate lithium and other critical metals.

Are the main geophysical targets at Nottaway already tested by drilling?

No. The strongest Maxwell plate modelled at 500 S/m remains untested and warrants follow-up drilling.

What were the notable 2015 SOQUEM drill results reported by AXVEF?

Highlighted intercepts include 1393-15-03: 4.5m with Zn 0.27% Pb 0.4% Ag 9.7 g/t and 1393-15-02: 7.0m with Zn 0.15% Pb 0.08%.
Cdn Maverick Capital Corp

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