Ashram Selected for Inaugural Canada Investment Summit
Released
Released
Announcement PDF
Level 8, 2 Bligh Street
Sydney NSW 2000
Mont Royal Resources Ltd
ACN: 625 237 658
E: info@montroyalres.com
www.montroyalres.com
ASX ANNOUNCEMENT
18th
September 2026
Ashram Rare Earths & Fluorspar Project Selected
for Inaugural Canada Investment Summit
Mont Royal’s flagship development project showcased among selected
Canadian investment opportunities to global investors and strategic partners
MontRoyal Resources Ltd (ASX: MRZ,TSXV: MRZL)(“MontRoyal” or “the Company”) is
pleased to advise that its flagship Ashram Rare Earths and Fluorspar Project in Québec
has been selected for inclusion in the Canada Investment Summit Prospectus,
showcasing selected Canadian investment opportunities to global investors and
strategic partners.
The inaugural Canada Investment Summit, held in Toronto this week, forms part of a
broader Canadian Government initiative to attract long-term capital into strategically
important sectors, with the Government of Canada outlining an ambition to catalyse $1
trillion in total investment in Canada over the next five years.
The Summit Prospectus highlights investment opportunities across critical sectors
including critical minerals, clean and conventional energy, advanced manufacturing,
artificial intelligence and trade and transportation infrastructure, with a focuson projects
seeking financing and strategic partnerships.
Ashram has been included in the Minerals and Metals section of the Prospectus, which
describes the Project as: “a large-scale rare earths and fluorspar development in
Nunavik, Québec and one of North America’s largest monazite-dominant rare earth
deposits.”
The Prospectus also highlights the potential of the Ashram Project to supply the key
magnet rare earths neodymium and praseodymium (NdPr), together with fluorspar and
niobium by-products. It identifies the Project as having completed a Preliminary
Economic Assessment, with a Pre-Feasibility Study underway, and highlights
opportunities for equity, joint venture and strategic investment, project finance and off-
take partnerships.
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Mont Royal Managing Director, Nicholas Holthouse said:
“Ashram’s inclusion in the inaugural Canada Investment Summit is further recognition of
the Project’s strategic importance as Canada looks to accelerate the development of
secure, domestic critical minerals supply chains.
“The Summit provides an important platform to showcase Ashram to global investors,
strategic partners and other key stakeholders at a time when governments and industry
are increasingly focused on establishing secure Western supply chainsfor magnet rare
earths.
“With our updated PEA now complete and the Project moving into its next phase of
development, the timing is ideal for Mont Royal to broaden its engagement with potential
strategic, financing and offtake partners.”
About Mont Royal
Mont Royal Resources Limited (ASX: MRZ, TSXV: MRZL) is a critical minerals development
and exploration company with projects in Quebec, Canada. The Company is dedicated
to advancing its 100%-owned Ashram Rare Earth and Fluorspar Deposit in Nunavik,
Québec,Canada– oneof the largestmonazite-dominantcarbonatite-hostedRareEarth
Elements deposits in North America. In addition, the Company owns 75% of Northern
Lights Minerals 536km2
tenement package located in the Upper Eastmain Greenstone
belt. The projectsare locatedin the emergingJames Bay area, a Tier-1miningjurisdiction
of Quebec, and are prospective for lithium, precious (Gold, Silver) and base metals
mineralisation (Copper, Nickel).
Figure1: Location of the Ashram REE & Fluorspar Project, the Northern Lights Project and the Port of Saguenay
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For and on behalf of the Board
ENDS
Joel Ives | Company Secretary
To receive regular announcements and updates and to engage with
management join Mont Royal’s Investor Hub or for more information visit
investors.montroyalres.com.
Managing Director
Nicholas Holthouse
info@montroyalres.com
Investor and Media Relations
Nicholas Read
nicholas@readcorporate.com.au
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is definedin policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Important Notices & Disclaimers
Forward Looking Statements
This announcement containscertain “forward looking statements” within the meaning of
Australian securities laws and “forward looking information” within the meaning of
Canadian securities laws (collectively referred to as “forward looking statements”). All
statements, other than statements of historical fact, that address circumstances, events,
activities or developments that could, or may or will occur are forward looking
statements. These forward-looking statements are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ
materially from those projected in the forward-looking information. Risks that could
change or prevent these events, activities or developments from coming to fruition
include: actual results of current and future exploration activities; that Mont Royal may
not be able to fully finance any additional exploration on the Ashram Project; that even if
Mont Royal is able raise capital, costs for exploration activities may increase such that
Mont Royal may not have sufficient funds to pay for such exploration or processing
activities; the timing and content of the proposed drill program and any future work
programs may not be completed as proposed or at all; geological interpretations based
on drilling that may change with more detailed information; potential process methods
and mineral recoveries assumptions based on limited test work and by comparison to
what are considered analogous deposits that, with further test work, may not be
comparable; testing of our process may not prove successful or samples derived from
the Ashram Project may not yield positive results, and even if such tests are successful or
initial sample results are positive, the economic and other outcomes may not be as
expected; the anticipated market demand for rare earth elements and other minerals
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may not be as expected; the availability of labour and equipment to undertake future
exploration work and testing activities; geopolitical risks which may result in market and
economic instability; and despite the current expected viability of the Ashram Project,
conditions changing such that even if metals or minerals are discovered on the Ashram
Project, the project may not be commercially viable, or other risks detailed herein and
from time to time in the public filings made by Mont Royal. Although Mont Royal has
attempted to identify important factors that could cause actual actions, events or results
to differ from those described in forward-looking statements, there may be other factors
that cause such actions, events or results to differ materially from those anticipated.
These forward-looking statements are based on Mont Royal’s current expectations,
estimates, forecasts and projections about its business and the industry in which it
operates and management's beliefs and assumptions, including the non-occurrence of
the risks and uncertainties that are described above and in the public filings made by
Mont Royal or other events occurring outside of our normal course of business, and are
not guarantees of future performance or development and involve known and unknown
risks, uncertainties and other factors that are in some cases beyond Mont Royal’s control.
Forward looking statements in this announcement include, but are not limited to,
statements regarding; the goals, strategies, opportunities, technologies used, project
timelines and funding requirements; impact of combined management expertise and
prospective shareholding; the plans, operations and prospects of Mont Royal and its
properties; the continued advancement of the Ashram Project to development; that
Ashram’s fluorspar component which makes it one of the largest potential sources of
fluorspar in the world and could be a long-term supplier to the met-spar and acid-spar
markets; that Mont Royal is positioning to be one of the lowest cost rare earth element
producers globally, with a focuson being a long-term global supplier of mixed rare earth
carbonate and/or NdPr oxide; and that Mont Royal may explore the potential of other
high-value commodities on the Ashram Property and the expected timetable for dual
listing of Mont Royal’s shares; and statements about market and industry trends, which
are based on interpretation of market conditions. Forward looking statements can
generally be identified by the use of forward looking words such as “anticipate”, “expect”,
“likely”, “propose”, “will”, “intend”, “should”, “could”, “may”, “believe”, “forecast”, “estimate”,
“target”, “outlook”, “guidance” (including negative or grammatical variations) and other
similar expressions. No representation, warranty, guarantee or assurance, express or
implied, is given or made in relation to any forward-looking statement. In particular no
representation, warranty or assumption, express or implied, is given in relation to any
underlying assumption or that any forward-looking statement will be achieved. There
can be no assurance that the forward-looking statements will prove to be accurate.
Actual and future events may vary materially from the forward-looking statements and
the assumptions on which the forward-looking statements were based, because events
and actual circumstances frequently do not occur as forecast and future results are
subject to known and unknown risks such as changes in market conditions and
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regulations.
Given these uncertainties, readers are cautioned not to place undue reliance on such
forward-looking statements, and should rely on their own independent enquiries,
investigations and advice regarding information contained in this announcement. Any
reliance by a reader on the information contained in this announcement is wholly at the
reader’s own risk.
To the maximum extent permitted by law or any relevant listing rules of the ASX/TSX-V,
Mont Royal and their respective related bodies corporate and affiliates and their
respective directors, officers, employees, advisers, agents and intermediaries disclaim
any obligation or undertaking to disseminate any updates or revisionsto the information
in this announcement to reflect any change in expectations in relation to any forward
looking statements or any such change in events, conditionsor circumstanceson which
any such statements were based. Nothing in this announcement will, under any
circumstances (including by reason of this announcement remaining available and not
being superseded or replaced by any other announcement or publication with respect
to Mont Royal or the subject matter of this announcement), create an implication that
there has been no change in the affairs of Mont Royal since the date of this
announcement.
Not Investment Advice
This announcement is not financial product, investment advice or a recommendation to
acquiresecuritiesofMontRoyal or Commerceandhasbeen preparedwithouttakinginto
account the objectives, financial situation or needs of individuals. Each recipient of this
announcement should make its own enquiries and investigations regarding all
information in this announcement, including, but not limited to, the assumption,
uncertainty and contingencies which may affect future operationsof Mont Royal and the
impact that different future outcomes may have on Mont Royal. Before making an
investment decision, prospective investors should consider the appropriateness of the
information havingregardto their own objectives,financialsituationandneeds,andseek
legal, taxation and financial advice appropriate to their jurisdiction and circumstances.
Unless otherwise stated, all dollar valuesin thisAnnouncement are reported in Australian
dollars.
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