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Ameriwest Critical Metals Announces Uplisting to the OTCQB Venture Market

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Executive Summary

Ameriwest Critical Metals Inc. has successfully uplifted its common shares from the OTCIDT Basic Market to the OTCQB Venture Market, commencing trading under the symbol AWLIF while maintaining its CSE and Frankfurt listings. This strategic move enhances the company's visibility and accessibility to U.S. investors as it advances its critical metals portfolio focused on North American jurisdictions.

The company's primary asset is the 100%-owned Bornite copper-gold-silver project located approximately 50 miles east of Salem, Oregon. Throughout 2026, Ameriwest has made substantial progress at Bornite, completing a preliminary geological model, expanding the land package, identifying additional breccia pipe-style exploration targets, and commencing re-logging and re-assaying of preserved historical drill core. The project hosts a copper-gold-silver mineralized breccia pipe system with extensive historical drilling and technical work.

Ameriwest's broader portfolio includes the Xeno rare earth property in British Columbia, the Thompson Valley lithium clay property in Arizona, and a lithium clay property in Clayton Valley, Nevada. The company is also in the process of optioning its Railroad Valley lithium brine property in Nevada to Pure Energy Minerals Limited. This diversified critical metals portfolio positions the company to capitalize on the growing demand for materials essential to the energy transition.

The OTCQB uplisting represents a significant milestone in the company's capital markets strategy, providing a more transparent and accessible platform for U.S. institutional and retail investors. As CEO David Watkinson emphasized, this enhanced market presence supports the company's objective of advancing critical metals projects in North American jurisdictions with improved investor access. The company's systematic approach to modernizing historical datasets at Bornite, combined with its disciplined technical program, positions it well for potential future resource estimates prepared in accordance with NI 43-101 standards.
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