Aeternum acquires option for 50.1% stake in Cameroon Nkamouna nickel-cobalt project

SHOREPOWER TECHNOLOGIES INC.

Acquired option from Manaslu LLC for 50M common shares and 2M Series B preferred (40x voting power) to buy 50.1% of American Renaissance Materials.
Nkamouna project in Cameroon has historical resource of 323M tonnes at 0.21% Co, 0.61% Ni, 1.26% Mn; 121M tonnes M&I.
Prior Geovic permit withdrawn Feb 2025; ARM licensed historical technical data in Jan 2026 and is seeking new unencumbered permit.
Aeternum to contribute capital and engineering; plans mine-site concentrator similar to Nigeria plant expected to complete 4Q 2026.
Project aligns with US critical minerals strategy; US imports ~76% of cobalt and has only one operating nickel mine.

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