NovaRed Mining Inc. Announces Name Change to NRED Intelligent Mining Inc.

Rhea-AI Summary

NRED Intelligent Mining (OTCQB: NREDF), currently NovaRed Mining, will change its name to “NRED Intelligent Mining Inc.” effective August 17, 2026. According to the company, the new name aligns with its focus on integrating artificial intelligence into mineral exploration.

The company will continue trading on the CSE under the symbol NRED. Its new CUSIP will be 670201102 and ISIN CA6702011025. The name change will not affect shareholder rights, involve any share consolidation, or require shareholders to exchange existing share certificates.

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Vancouver, British Columbia--(Newsfile Corp. - August 12, 2026) - NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) ("NovaRed" or the "Company")") is pleased to announce a name change to "NRED Intelligent Mining Inc." (the "Name Change") which will be effective on August 17, 2026. The Name Change will reflect the Company's mission to incorporate artificial intelligence technology into the mineral exploration process.

The Company's will continue to trade under the symbol "NRED" on the Canadian Securities Exchange (the "CSE"). The new CUSIP number for the Company's common shares will be 670201102 and ISIN will be CA6702011025.

The Company has been advised by the CSE that the common shares will commence trading under the new name and existing trading symbol effective at the opening of trading on August 17, 2026.

The Name change will not affect the rights of the Company's shareholders. There will be no consolidation of capital associated with the Name Change. Shareholders will not be required to take any action in connection with the Name Change. Issued certificates representing common shares in the capital of the Company will not be affected by the Name Change and will not need to be exchanged.

About NovaRed Mining Inc.

NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) is a mineral exploration company focused on the identification, acquisition, exploration and development of copper-gold porphyry projects in British Columbia, leveraging an artificial intelligence-enhanced geospatial technology platform that it developed to identify and evaluate prospective mineral properties. The Company's optioned Wilmac copper-gold project comprises 16,078 hectares located within the Quesnel porphyry belt in the Similkameen Mining Division, southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.'s producing Copper Mountain Mine. For more information, visit novaredmining.com.

Readers are cautioned that the discussion of mineralization, alteration or grades on adjacent, similar or analogous properties, such as the Copper Mountain Mine, is not necessarily indicative of the mineralization or potential of the Wilmac Copper-Gold Project. The Company has no interest in, or right to acquire any interest in, any such properties. No mineral resources or mineral reserves have been identified on the Project.

ON BEHALF OF NOVARED MINING INC.

Brian Goss
Chief Executive Officer
E: info@novaredmining.com

FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the effective date of the name change and the Company's ability to successfully incorporate artificial intelligence technology into the mineral exploration process.

Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309321

FAQ

What is changing for NovaRed Mining’s stock after the NRED Intelligent Mining Inc. name change on August 17, 2026?

The company will change its name to NRED Intelligent Mining Inc. effective August 17, 2026. According to the company, its common shares will continue trading on the CSE under the existing symbol NRED, with only the corporate name and identifiers updated.

Will the NRED Intelligent Mining Inc. (OTCQB: NREDF) name change affect shareholder rights or share count?

The name change will not affect shareholder rights or the number of shares. According to the company, there is no consolidation of capital associated with the change, and existing share certificates remain valid without any action required by shareholders.

What are the new CUSIP and ISIN for NRED Intelligent Mining Inc. (NREDF) shares after August 17, 2026?

The new CUSIP for the company’s common shares will be 670201102 and the ISIN will be CA6702011025. According to the company, these identifiers apply once trading begins under the new name on August 17, 2026.

Why is NovaRed Mining changing its name to NRED Intelligent Mining Inc. (OTCQB: NREDF)?

The company is changing its name to reflect its mission of incorporating artificial intelligence into mineral exploration. According to the company, it leverages an AI-enhanced geospatial technology platform to identify and evaluate copper-gold porphyry projects in British Columbia, including the optioned Wilmac project.

Do NRED Intelligent Mining Inc. (NREDF) shareholders need to exchange their existing share certificates?

Shareholders do not need to exchange their existing share certificates. According to the company, issued certificates representing common shares will not be affected by the name change and remain valid, with no additional administrative steps required from shareholders.

What mineral projects is NRED Intelligent Mining Inc. (NREDF) focused on after the name change?

The company remains focused on the Wilmac copper-gold project in British Columbia, covering 16,078 hectares in the Quesnel porphyry belt. According to the company, no mineral resources or reserves have been identified on the project, and it uses AI-enhanced geospatial tools for exploration.

Does NRED Intelligent Mining Inc. (NREDF) have any interest in Hudbay’s Copper Mountain mine near its Wilmac project?

The company has no interest in, or right to acquire any interest in, the Copper Mountain mine. According to the company, references to adjacent or analogous properties are not indicative of mineralization or potential at the Wilmac copper-gold project.