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Moolec Receives Nasdaq Determination Letter

GEORGE TOWN, CAYMAN ISLANDS / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / November 21, 2025 / On November 14, 2025, Moolec Science SA (&quot;Moolec&quot; or the &quot;Company&quot;) received a determination letter (the &quot;Nasdaq Determination Letter&quot;) from the Nasdaq Stock Market LLC (&quot;Nasdaq&quot;) indicating that the closing bid price of the Company's ordinary shares had been below the minimum $1.00 per share requirement for the last 30 consecutive business days, as set forth in Nasdaq Listing Rule 5550(a)(2), and informing the Company of their view that the Company would not be afforded an automatic 180-day period to regain compliance with such rule.<a href="https://app.accessnewswire.com/imagelibrary/2a0749d0-b281-47fe-83c6-7d40c9517162/1105841/moolec-logo-112125.png" rel="nofollow"><img src="https://app.accessnewswire.com/imagelibrary/2a0749d0-b281-47fe-83c6-7d40c9517162/1105841/moolec-logo-112125.png" style="width:480px;text-align:center;margin:0.9em auto;" /></a><div style="clear: both"> </div><div> </div><div> </div><div> </div>The Company has submitted a timely appeal to a Nasdaq Hearings Panel, through which it will request the granting of a 180- day period to submit and effect a compliance plan, which will include a potential implementation of a reverse stock split, if determined to be in the best interest of shareholders.The submission of the appeal automatically stays the effect of the Nasdaq Determination Letter until the appeal has been considered, which will take place on December 18, 2025. Accordingly, the Company's ordinary shares will continue to trade on The Nasdaq Capital Market under the symbol &quot;MLEC&quot; without interruption during such stay.The Company intends to continue closely monitoring the closing bid price for its ordinary shares and remains committed to evaluating and executing all appropriate actions to cure the deficiency and regain compliance with Nasdaq Listing Rule 5550(a)(2). The receipt of the Nasdaq Determination Letter does not affect the Company's business, operations or reporting requirements with the Securities and Exchange Commission.About Moolec Science SAMoolec Science is an innovation-driven company engineering plants and microbes to unlock scalable protein solutions for the global food system. By integrating Molecular Farming and precision fermentation, Moolec combines the cost efficiency of crops with the functionality and nutrition of animal proteins, creating sustainable and commercially viable ingredients. The Company's diversified pipeline includes alternative proteins, bioactive compounds, nutritional oils, and biological inputs for regenerative agriculture. Moolec has a robust intellectual property portfolio with more than 118 granted and pending patents across multiple technology platforms. With operations spanning the United States, Europe and South America, Moolec is advancing a seed-to-ingredient approach designed to transform the future of food production. Moolec is publicly listed on Nasdaq under the ticker &quot;MLEC.&quot; For more information, please visit <a rel="nofollow" href="https://pr.report/gh64">www.moolecscience.com</a> and <a rel="nofollow" href="https://pr.report/gh65">ir.moolecscience.com</a>.Forward-looking StatementsThis press release contains &quot;forward-looking statements.&quot; Forward-looking statements may be identified by the use of words such as &quot;forecast,&quot; &quot;intend,&quot; &quot;seek,&quot; &quot;target,&quot; &quot;anticipate,&quot; &quot;believe,&quot; &quot;expect,&quot; &quot;estimate,&quot; &quot;plan,&quot; &quot;outlook,&quot; and &quot;project&quot; and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to the Company's plan to regain compliance under the NASDAQ rules, performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec's business and other risks and uncertainties, including those included under the header &quot;Risk Factors&quot; in Moolec's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (&quot;SEC&quot;), as well as Moolec's other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.<div id="nw-company-contact-info">Contact InformationPress &amp; Media <a rel="nofollow" href="mailto:comms@moolecscience.com">comms@moolecscience.com</a>Investor Relations <a rel="nofollow" href="mailto:ir@moolecscience.com">ir@moolecscience.com</a>SOURCE: Moolec Science</div><img src="https://stats.nwe.io/x/im?ref=WyI1NWZzNWwiXQ&amp;hit%2Csum=WyIzMWVtdWEiLCIzMWVtcGIiLCI1NWZzNWwiLCI1NWZzNW0iXQ" alt="." style="width:1px;text-align:center;margin:0.9em auto;" /><div style="clear: both"> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div><div> </div> View the original <a href='https://www.accessnewswire.com/newsroom/en/food-and-beverage-products/moolec-receives-nasdaq-determination-letter-1105841'>press release</a> on ACCESS Newswire 
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NioCorp Adopts Limited-Duration Shareholder Rights Plan

Board acts to protect and maximize value for shareholders CENTENNIAL, CO / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / November 21, 2025 / NioCorp Developments Ltd. (&quot;NioCorp&quot; or the &quot;Company&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NB">NB</a>), a leading U.S. critical minerals developer, announced today that its board of directors (the &quot;Board&quot;) has adopted a limited-duration shareholder rights plan (the &quot;Plan&quot;) effective immediately.The Board adopted the Plan to help ensure that all shareholders of the Company are treated equally and fairly in the event of any unsolicited take-over bid or other attempt to acquire control of the Company (including by way of a &quot;creeping take-over bid&quot;). In respect of such transactions, the Plan is intended to, among other things:<ul><li>encourage potential bidders to treat the Company's shareholders fairly and equally and preserve control premiums and value for shareholders; and</li><li>provide the Board and shareholders adequate time to appropriately respond on an informed basis.</li></ul>The Plan was not adopted in response to any specific take-over bid or other proposal to acquire control of the Company, and the Company is not aware of any such pending or contemplated take-over bid or other proposal.Pursuant to the Plan, one right (a &quot;Right&quot;) will be issued in respect of each outstanding common share of the Company (a &quot;Common Share&quot;) as of the close of business on the record date, being December 4, 2025. Thereafter, one Right will automatically attach to each new Common Share issued by the Company. Subject to the terms of the Plan, each Right will become exercisable if a person (the &quot;Acquiring Person&quot;), together with certain related persons (including persons &quot;acting jointly or in concert&quot; as defined in the Plan), acquires beneficial ownership of 20% or more of the outstanding Common Shares without complying with the permitted bid provisions of the Plan. In such circumstances, each Right will entitle the holder (other than the Acquiring Person) to purchase additional Common Shares at a discount to the then prevailing market price.Under the Plan, a &quot;Permitted Bid&quot; is a take-over bid made in compliance with the Canadian take-over bid regime. Specifically, a Permitted Bid is a take-over bid that is made to all shareholders, that is open for 105 days (or such shorter period as is permitted under the Canadian take-over bid regime) and that contains certain conditions, including that no Common Shares will be taken up and paid for unless more than 50% of the Common Shares that are held by independent shareholders are tendered to the take-over bid.The issuance of the Rights will not affect trading of the Common Shares, and no further action is required by shareholders. The Plan has a term of six months and will expire on May 21, 2026, or earlier as described in the agreement governing the Plan.The Plan is contained in an agreement between the Company and Computershare Investor Services Inc., as rights agent, dated November 21, 2025. The full text of the Plan is available on the Company's profile on SEDAR+ at <a href="http://www.sedarplus.ca" title="www.sedarplus.ca">www.sedarplus.ca</a> and on EDGAR at <a href="http://www.sec.gov" title="www.sec.gov">www.sec.gov</a>. The summary of the Plan contained herein is qualified in its entirety by the full text of the Plan.# # #FOR MORE INFORMATION:Jim Sims, Chief Communications Officer, NioCorp Developments Ltd., (720) 334-7066, <a rel="nofollow" href="mailto:jim.sims@niocorp.com">jim.sims@niocorp.com</a>Alex Guthrie, Director, Investor Relations, NioCorp Developments Ltd., (720) 334-7066, <a rel="nofollow" href="mailto:aguthrie@niocorp.com">aguthrie@niocorp.com</a>@NioCorp $NB #Niobium #Scandium #rareearth #neodymium #dysprosium #terbium #ElkCreekABOUT NIOCORPNioCorp is developing the Elk Creek Project that is expected to produce niobium, scandium, and titanium. The Company also is evaluating the potential to produce several rare earths from the Elk Creek Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of neodymium-iron-boron magnets, which are used across a wide variety of defense and civilian applications.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements may include, but are not limited to, statements regarding the anticipated benefits of the Plan, the timing and terms upon which the Rights become exercisable, and the duration of the Plan. Forward-looking statements are typically identified by words such as &quot;plan,&quot; &quot;believe,&quot; &quot;expect,&quot; &quot;anticipate,&quot; &quot;intend,&quot; &quot;outlook,&quot; &quot;estimate,&quot; &quot;forecast,&quot; &quot;project,&quot; &quot;continue,&quot; &quot;could,&quot; &quot;may,&quot; &quot;might,&quot; &quot;possible,&quot; &quot;potential,&quot; &quot;predict,&quot; &quot;should,&quot; &quot;would&quot; and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.The forward-looking statements are based on the current expectations of the management of NioCorp and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: NioCorp's ability to receive sufficient project financing for the construction of the Elk Creek Project on acceptable terms, or at all; the future price of metals; and the stability of the financial and capital markets. Such expectations and assumptions are inherently subject to uncertainties and contingencies regarding future events and, as such, are subject to change. Forward-looking statements involve a number of risks, uncertainties or other factors that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made by NioCorp with the Securities and Exchange Commission and with the applicable Canadian securities regulatory authorities and the following: NioCorp's requirement of significant additional capital; NioCorp's ability to receive sufficient project financing for the construction of the Elk Creek Project on acceptable terms, or at all; NioCorp's ability to achieve the required milestones and receive the full $10.0 million in reimbursement under the DoW Agreement; NioCorp's ability to receive a final commitment of financing from the Export-Import Bank of the United States or other debt financing or financial support on acceptable timelines, on acceptable terms, or at all; NioCorp's ability to access the full amount of the expected net proceeds under the standby equity purchase agreement (the &quot;Yorkville Equity Facility Financing Agreement&quot;) with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP; NioCorp's ability to continue to meet the listing standards of The Nasdaq Stock Market LLC; risks relating to NioCorp's common shares, including price volatility, lack of dividend payments and dilution or the perception of the likelihood of any of the foregoing; the extent to which NioCorp's level of indebtedness and/or the terms contained in agreements governing NioCorp's indebtedness, if any, the Yorkville Equity Facility Financing Agreement or other agreements may impair NioCorp's ability to obtain additional financing, on acceptable terms, or at all; covenants contained in agreements with NioCorp's secured creditors that may affect its assets; NioCorp's limited operating history; NioCorp's history of losses; the material weaknesses in NioCorp's internal control over financial reporting, NioCorp's efforts to remediate such material weaknesses and the timing of remediation; the possibility that NioCorp may qualify as a passive foreign investment company under the U.S. Internal Revenue Code of 1986, as amended (the &quot;Code&quot;); the potential that the business combination with GX Acquisition Corp. II and other related transactions could result in NioCorp becoming subject to materially adverse U.S. federal income tax consequences as a result of the application of Section 7874 and related sections of the Code; cost increases for NioCorp's exploration and, if warranted, development projects; a disruption in, or failure of, NioCorp's information technology systems, including those related to cybersecurity; equipment and supply shortages; variations in the market demand for, and prices of, niobium, scandium, titanium and rare earth products; current and future offtake agreements, joint ventures, and partnerships, including our ability to negotiate extensions to existing agreements or to enter into new agreements, on favorable terms or at all; NioCorp's ability to attract qualified management; estimates of mineral resources and reserves; mineral exploration and production activities; feasibility study results; the results of metallurgical testing; the results of technological research; changes in demand for and price of commodities (such as fuel and electricity) and currencies; competition in the mining industry; changes or disruptions in the securities markets; legislative, political or economic developments, including changes in federal and/or state laws that may significantly affect the mining industry; trade policies and tensions, including tariffs; inflationary pressures; the impacts of climate change, as well as actions taken or required by governments related to strengthening resilience in the face of potential impacts from climate change; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the timing and reliability of sampling and assay data; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of NioCorp's projects; risks of accidents, equipment breakdowns, and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining, or development activities; management of the water balance at the Elk Creek Project site; land reclamation requirements related to the Elk Creek Project; the speculative nature of mineral exploration and development, including the risks of diminishing quantities of grades of reserves and resources; claims on the title to NioCorp's properties; potential future litigation; and NioCorp's lack of insurance covering all of NioCorp's operations.Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of NioCorp prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.All subsequent written and oral forward-looking statements concerning the matters addressed herein and attributable to NioCorp or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to herein. Except to the extent required by applicable law or regulation, NioCorp undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.SOURCE: NioCorp Developments Ltd. View the original <a href='https://www.accessnewswire.com/newsroom/en/metals-and-mining/niocorp-adopts-limited-duration-shareholder-rights-plan-1105647'>press release</a> on ACCESS Newswire 
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Zentek Receives CRA Notice of Reassessment for 2019

GUELPH, ONTARIO / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / November 21, 2025 / Zentek Ltd. (&quot;Zentek&quot; or the &quot;Company&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ZTEK">ZTEK</a>)(TSXV:<a class="ticker" href="https://www.benzinga.com/quote/ZEN">ZEN</a>), announces that, further to its press release dated March 21, 2025 regarding the completion by the Canada Revenue Agency (&quot;CRA&quot;) of an audit (the &quot;Audit&quot;) of the Company's 2018 and 2019 renunciations of Canadian exploration expenses (&quot;CEE&quot;) in favour of subscribers to private placements of flow-through common shares which closed on December 21, 2018 and December 20, 2019 for aggregate gross proceeds of $4,210,000 (the &quot;Flow-Through Financings&quot;), it has received a notice of reassessment from the CRA in respect of its 2019 financial year in connection with the Flow-Through Financings.On October 8, 2025, the Company received a notice of reassessment from CRA in respect of its 2019 financial year resulting in a reclassification of approximately $199,000 (16.467%) of the amounts renounced (the &quot;Reclassified Expenses&quot;) on the basis that the Reclassified Expenses did not meet the definition of CEEs, as defined for income tax purposes. As a result, Part XII.6 tax payable under section 211.91 of the Income Tax Act, related to form T101 was assessed for $22,481.89.Subscribers of the Flow-Through Financings will be contacted directly by the CRA regarding a reassessment of deductions claimed in connection with the Reclassified Expenses. Pursuant to the terms of the subscription and renunciation agreements (the &quot;Subscription Agreements&quot;) entered into by the Company and the subscribers in connection with the Flow-Through Financings, the reduction in renounced CEEs will be made on a pro rata basis among all subscribers of the same financing.Furthermore, pursuant to the Subscription Agreements, the Company has agreed to indemnify the subscribers within 20 business days for tax attributable to disallowed renunciations of CEEs. The Company invites subscribers of the Flow-Through Financings who have received notices of reassessment from CRA to contact <a rel="nofollow" href="mailto:fts@zentek.com">fts@zentek.com</a> as soon as possible to exercise their right of indemnification and for more information about next steps. The maximum aggregate quantum of the Company's liability with respect to this indemnification obligation from the Flow-Through Financings is $427,000.About Zentek Ltd.Zentek is an ISO 13485:2016 certified intellectual property technology company focused on the research, development and commercialization of novel products seeking to give the Company's commercial partners a competitive advantage by making their products better, safer, and greener.Zentek's patented technology platform ZenGUARD&#8482; is shown to have enhanced viral filtration efficiency for surgical masks and HVAC (heating, ventilation, and air conditioning) systems. Zentek's ZenGUARD&#8482; production facility is in Guelph, Ontario.Zentek has a global exclusive license to the Aptamer-based platform technology developed by McMaster University which is being jointly developed by Zentek and McMaster for both the diagnostic and therapeutic markets.For further information:<a rel="nofollow" href="mailto:Investorrelations@zentek.com">Investorrelations@zentek.com</a> Ryan Shacklock Phone: 306-270-9610 Email: <a rel="nofollow" href="mailto:rshacklock@zentek.com">rshacklock@zentek.com</a>To find out more about Zentek, please visit our website at <a href="https://can01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.zentek.com%2F&amp;data=05%7C01%7Cslombardo%40zentek.com%7C8c33c24ff4904a9a9e5908dbb2cc709c%7C2487f341d5b942e49533d613c3b47042%7C0%7C0%7C638300363354284062%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=Nz0VW6sZkZ9oTJmmVYR02LCNMODbHNIzLoT50Y2h5Z0%3D&amp;reserved=0">www.Zentek.com</a>. A copy of this news release and all material documents in respect of the Company may be obtained on Zentek's SEDAR+ profile at <a href="https://can01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.sedarplus.ca%2F&amp;data=05%7C01%7Cslombardo%40zentek.com%7C8c33c24ff4904a9a9e5908dbb2cc709c%7C2487f341d5b942e49533d613c3b47042%7C0%7C0%7C638300363354284062%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=xBIeGu%2Bp1sqRYTHmvw72j1RQUwkGIsTvVl0V0uXPkGc%3D&amp;reserved=0">http://www.sedarplus.ca/</a>.Forward-Looking StatementsThis news release contains forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although Zentek believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Zentek disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.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.SOURCE: Zentek Ltd. View the original <a href='https://www.accessnewswire.com/newsroom/en/metals-and-mining/zentek-receives-cra-notice-of-reassessment-for-2019-1105931'>press release</a> on ACCESS Newswire 
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