Maxus Mining Lists on the OTCQB Venture Market

Rhea-AI Summary

Maxus Mining (OTCQB: MXMGF) began trading on the OTCQB Venture Market effective February 17, 2026, while maintaining listings on the CSE (MAXM) and FSE (R7V). The company cites improved U.S. investor access, a pending DTCC application for electronic settlement, and a 15,098-hectare British Columbia exploration portfolio.

Maxus highlighted high-grade assay results at Alturas (up to 69.98% Sb), Hurley (19.2% Sb, 2.16 g/t Au over 0.5 m) and selected samples at Lotto and Penny projects.

Positive

• OTCQB listing effective Feb 17, 2026
• Portfolio of 15,098 hectares in British Columbia
• Alturas assay up to 69.98% Sb
• Hurley drilling with 19.2% Sb and 2.16 g/t Au over 0.5 m
• Lotto selected sample assayed 10.97% WO3

Negative

• DTCC application is pending, electronic US settlement not yet enabled
• Company identifies the need to obtain additional financing to advance projects

VANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Maxus Mining Inc. (“Maxus” or the “Company”) (CSE: MAXM | FRA: R7V | OTCQB: MXMGF), is pleased to announce that the Company's common shares (the “Shares”) have begun trading on the OTCQB Venture Market ("OTCQB"), effective February 17, 2026, under the symbol "MXMGF".

The Shares trade on the OTCQB under trading symbol “MXMGF”. The Company’s Shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “MAXM” as well as the Frankfurt Stock Exchange (FSE) under the symbol “R7V”.

“Listing Maxus on the OTCQB enhances our profile and broadens access for U.S. investors, creating a more seamless pathway for participation in Maxus’ expanding exploration story,” commented Scott Walters, Chief Executive Officer of Maxus. “We are advancing multiple high-impact initiatives across our portfolio, including the compilation and interpretation of historical data at the silver-rich Quarry Project and upcoming airborne geophysical programs across Alturas, Hurley, Lotto and other critical mineral targets.”

An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to further enable the easier electronic clearing and settlement of the Company’s Shares in the United States.

The OTCQB Venture Market is a recognized trading tier designed for developing and entrepreneurial companies across the U.S. and internationally, including those active in resource extraction and mining. Participating issuers are required to maintain timely financial reporting and complete an annual validation and executive certification review. Up-to-the-minute quotes and comprehensive market details are available to investors via the OTC Markets website.

Qualified Person Statement

The scientific and technical information contained in this news release has been reviewed, verified, and approved by Morgan Verge, P.Geo., Technical Advisor of the Company and a “qualified person” as defined in NI 43-101 – Standards of Disclosure for Mineral Projects.

About Maxus Mining Inc.

Maxus Mining Inc. (CSE: MAXM | FRA: R7V | OTCQB: MXMGF) is a mineral exploration company focused on locating, acquiring, and, if warranted, advancing economic mineral properties in premier jurisdictions. The Company is actively progressing its diversified portfolio totaling approximately 15,098 hectares of prospective terrain across British Columbia, Canada.

The portfolio includes 8,920 hectares across three antimony projects, anchored by the Flagship Alturas Antimony Project, where a recent discovery returned high-grade naturally occurring antimony up to 69.98% Sb^¶. The Hurley Antimony Project, located adjacent to Endurance Gold Corp.’s Reliance Gold Project, where 2024 drilling reported 19.2% Sb and 2.16 g/t Au over 0.5 m^‖, and the Quarry Antimony Project, which hosts historical polymetallic samples grading 0.89 g/t Au, 3.8% Cu, 0.34% Zn, 42.5% Pb, 0.65 g/t Ag, and 20% Sb^‡.

Maxus’ portfolio further includes the 3,054-hectare Lotto Tungsten Project, where a selected 1980 grab sample from a scheelite-bearing quartz vein assayed 10.97% WO₃^§, and the 3,123-hectare Penny Copper Project, which has over 100 years of recorded exploration. Recent work programs at Penny included rock sampling and geological mapping^†, with 2017 sampling returning copper values of 1046 ppm Cu (TK17-149c), 1808 ppm Cu (TK17-28), and 2388 ppm Cu (TK17-12)^†. The project is strategically located near the historic Sullivan Mine at Kimberley, British Columbia, an area that continues to attract significant exploration activity.

Maxus is committed to advancing its British Columbia projects through targeted exploration programs designed to unlock value across multiple critical mineral systems.

References

¶ Equinox Resources – November 8, 2024, ‘Ultra High Grade Naturally Occurring Antimony at Alturas Project with Assays up to 69.98% Sb’ – https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02878498-6A1236703

‖ Endurance Summarizes Antimony Results From The Reliance Gold Project, BC - Best Intervals Include 19.2% Antimony And 2.16 ppm Au Over 0.5 m In 2024 Drilling – February 24, 2025 - https://endurancegold.com/news-releases/endurance-summarizes-antimony-results-from-the-reliance-gold-project-bc-best-intervals-include-19.2-antimony-and-2.16-ppm-au/

‡ Open File 1992-11, Map Number 10.

§ MILFILE No: 082FSW228 – Loto 3, 1980 Grab Sample –

https://minfile.gov.bc.ca/report.aspx?f=PDF&r=Inventory_Detail.rpt&minfilno=082FSW228

† NI 43-101 - Technical Report on the Penny Property British Columbia, NTS 82G/12 49° 55° North Latitude -115° 90° West Longitude, Derrick Strickland P.Geo., August 14, 2024.

On Behalf of the Board of Directors

Scott Walters
Chief Executive Officer, Director
+1 (778) 374-9699
info@maxusmining.com

Disclaimer for Forward-Looking Information

This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.

Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Maxus’, future growth potential for Maxus and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of copper, gold, tungsten, antimony and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Maxus’ ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

This news release contains “forward-looking information” within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the potential benefits of listing on the OTCQB. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of copper, gold, tungsten, antimony and other metal deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.

FAQ

What does Maxus Mining's OTCQB listing (MXMGF) mean for U.S. investors?

The OTCQB listing provides broader U.S. market visibility and trading access. According to the company, the listing aims to create a more seamless pathway for U.S. investor participation while shares remain on CSE and FSE.

When did Maxus Mining (MXMGF) begin trading on the OTCQB Venture Market?

Maxus began OTCQB trading effective February 17, 2026. According to the company, the move complements existing listings on the CSE (MAXM) and FSE (R7V) to broaden investor access.

Will Maxus Mining shares settle electronically in the U.S. immediately after the OTCQB listing?

Not immediately; electronic clearing is pending a DTCC application. According to the company, DTCC approval is in process to enable easier U.S. electronic clearing and settlement of shares.

How large is Maxus Mining's exploration portfolio after the OTCQB listing?

The company controls approximately 15,098 hectares of prospective terrain in British Columbia. According to the company, the portfolio includes antimony, tungsten, and copper-focused projects across multiple targets.

What notable assay results did Maxus report for Alturas and Hurley projects?

Alturas returned assays up to 69.98% Sb; Hurley reported 19.2% Sb and 2.16 g/t Au over 0.5 m. According to the company, these results highlight high-grade occurrences across its antimony targets.

Does Maxus Mining face financial or operational risks after the OTCQB listing?

Yes. The company identifies the need for additional financing and other exploration risks. According to the company, commodity price fluctuations, permitting, and financing availability remain known risk factors.