*Disseminated on behalf of Trident Resources, Millennial Potash, Enterprise Group, Zepp Health, Fortune Minerals, Delivra Health Brands, First Phosphate, Klondike Gold, Graphite One, and F3 Uranium Corp.

* All figures are in C$ unless otherwise noted, except for commodity prices, which are in US$.

Last week, companies on our list of FRC Top Picks were up 0.5% on average vs a 5.8% loss for the benchmark (TSXV).

Equity markets were mixed last week, with a clear defensive tilt driven by escalating geopolitical tensions linked to the Iran conflict, and concerns over global stability. Within our FRC Fair Value Model Picks portfolio, energy, consumer defensives, and utilities outperformed on stronger crude prices, and a flight to safety, while technology, communication services, and basic materials lagged amid reduced risk appetite. Looking ahead, we believe the fragile ceasefire, and continued tensions in the Strait of Hormuz keep geopolitical risk elevated, and markets sensitive to any further escalation.

In this edition, we cover material developments across companies under our coverage, including a health and wellness company, oilfield services, and juniors targeting graphite and phosphate. We are also introducing Klondike Gold Corp., an insider-aligned Yukon gold explorer, with emerging regional M&A momentum, and F3 Uranium Corp., a high-grade uranium explorer, backed by a proven discovery team, operating in one of the world’s most prospective uranium districts.

*Past performance is not indicative of future performance.

Last Week’s Five Most-Read Reports

Report Type	Publication Date	Report Name
Market Intel Weekly	Apr 20, 2026	Fresh Opportunities You Should Know About
Global Education Communities Corp. - Update	Apr 17, 2026	Rental Strength Drives EPS Beat; Structural Housing Tailwinds
Market Intel Weekly	Feb 9, 2026	Under-the-Radar Stocks & the Launch of Our Curated Algo-Based Valuation Portfolio
Nine Mile Metals Ltd.- Initiating Coverage	Apr 22, 2026	High-Grades + Glencore Collaboration + A Speculative M&A Play – Initiating Coverage
Denarius Metals Corp. - Update	Apr 7, 2026	Nears a Transformative Milestone: Approaching Commercial Gold Production