REalloys Begins Nasdaq Trading Following Merger, Positioning as U.S.-Focused Rare Earth Platform

The successful closing of the merger between Blackboxstocks Inc. and REalloys Inc. establishes a vertically integrated North American heavy rare earth platform that will begin trading on the Nasdaq Capital Market under the ticker symbol "ALOY." This transaction represents a strategic move to create a zero-China nexus supply chain aligned with U.S. defense procurement priorities at a time when geopolitical considerations and national security concerns are driving demand for reliable rare earth sources.

Following the merger, REalloys is positioned to advance its objective of becoming the largest producer of heavy rare earth oxides and metals outside of China by the first half of 2027. The company's platform leverages what it describes as among the most advanced commercial-scale heavy rare earth separation and metallization assets outside of China, with a compliance advantage that aligns with anticipated 2027 U.S. defense procurement restrictions. The company currently services federal logistics and procurement channels supporting the Defense Industrial Base through its operations.

The integrated mine-to-magnet strategy encompasses upstream, midstream, and downstream operations designed to create a complete supply chain. Upstream assets include the 100% owned Hoidas Lake rare earth asset in Saskatchewan, strategic partnerships with U.S. government-backed Mission Critical Materials, and a diversified portfolio of allied upstream feedstock providers. Midstream operations involve expansion of North American separation, refining, and metallization capabilities in partnership with the Saskatchewan Research Council. Downstream operations are conducted through 100% owned PMT Critical Metals, described as the only advanced heavy rare earth metallization facility in the continental U.S.

This facility serves federal logistics and procurement agencies supporting the U.S. Department of Defense, Department of Energy, and NASA, as well as the broader Defense Industrial Base, Nuclear Industrial Base, and Organic Industrial Base. The company's feedstock diversification strategy is designed to be feedstock-agnostic, utilizing allied and domestic sources to mitigate supply concentration risk. The phased expansion plans are intended to leverage existing infrastructure with comparatively limited incremental capital requirements and reduced permitting risk relative to greenfield development projects.

The transaction included a dividend of one contingent value right for each share of common stock outstanding at the record date, representing rights to receive cash payments in connection with certain transactions involving assets owned by Blackbox.io Inc., a wholly owned subsidiary organized to conduct historical operations of Blackboxstocks. The merger occurs as critical mineral policy increasingly focuses on establishing secure supply chains independent of geopolitical rivals, particularly in sectors vital to national security and advanced manufacturing. More information about the company is available at https://www.realloys.com while regulatory filings can be accessed through the Securities and Exchange Commission website at https://www.sec.gov.