VERTICAL EXPLORATION FINALIZES OFFTAKE AGREEMENT AND COMPLETES INITIAL SALE OF ST-ONGE WOLLASTONITE

Vertical Exploration Inc. has achieved a significant commercial milestone by finalizing an offtake agreement and completing its initial sale of wollastonite from the St-Onge project in Quebec. The company has received payment for the first delivery under its 2025 offtake agreement, marking the transition from development to revenue-generating operations for its premium-quality Global Wollastonite product.

The completion of this initial sale represents a validation of the commercial viability of Vertical's wollastonite operations and the quality of its mineral product. Wollastonite is an industrial mineral with applications in ceramics, paints, plastics, and construction materials, making it a steady demand commodity in various manufacturing sectors.

This commercial breakthrough comes after the company recently secured a five-year operating permit, providing operational certainty for sustained production activities. The successful execution of the offtake agreement demonstrates Vertical's ability to move from exploration and development into commercial production and revenue generation.

For the industrial minerals sector, this development highlights the continued demand for specialty minerals like wollastonite and the potential for smaller Canadian producers to establish profitable niche operations. The achievement of commercial sales provides Vertical with cash flow to support ongoing operations and potential expansion of its wollastonite business.