*Disseminated on behalf of Fortune Minerals Limited, Zepp Health Corporation, Noram Lithium, Atrium Mortgage Investment Corporation, Builders Capital Mortgage, Energy Vault Holdings, Brookside Energy Limited, Graphite One Inc., Skyharbour Resources, and Southern Silver Exploration

* 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 down 5.1% on average vs a 6.0% loss for the benchmark (TSXV).

Last week, companies on our list of FRC Model Picks down 2.0% on average vs a 0.6% loss for the benchmark (S&P 500).

After a strong rally in recent weeks, equity markets pulled back last week as rising U.S. treasury yields, inflation concerns, and geopolitical tensions weighed on sentiment. Energy outperformed on higher crude prices, and Basic Materials weakened on lower metal prices, and a stronger US$. Looking ahead, inflation data and central bank commentary are expected to return to the forefront, with markets closely watching for signals on the direction of interest rates.

In this edition, we highlight key developments across five companies under our coverage spanning oil & gas, energy storage, silver, uranium, and graphite. All five stocks trade well below our fair value estimates; see below for more information on each company.

*Past performance is not indicative of future performance.

Last Week’s Five Most-Read Reports

Report Type	Publication Date	Report Name
Market Intel Weekly	May 11, 2026	Agnico Phosphate Entry = New Idea; Plus Why Denarius Pulled Its Bid
Market Intel Weekly	May 4, 2026	Geopolitical Risk Shakes Markets: Know Who’s Winning and Losing
Atrium Mortgage Investment Corporation - Update	May 11, 2026	Soft Lending Activity / Sector Tailwinds Outweigh Headwinds
Brookside Energy Limited - Update	May 4, 2026	Strong Catalysts Ahead from Potential Production Growth & Supportive Oil Macro
Nine Mile Metals Ltd.- Initiating Coverage	Apr 22, 2026	High-Grades + Glencore Collaboration + A Speculative M&A Play – Initiating Coverage