Major Catalysts Drive Another Week of Strong Developments

*Disseminated on behalf of Zepp Health Corporation, Silver X Mining, Fortune Minerals, Atrium Mortgage Investment Corporation, Monument Mining, Millennial Potash, DLP Resources, Delivra Health Brands, First Phosphate, Chilean Cobalt, Argo Gold, Nine Mile Metals, Doubleview Gold, and CytoMed Therapeutics.

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

U.S. inflation came in broadly in line with consensus, which, together with the recent soft jobs report, has lowered expectations for a Fed rate hike at the next meeting. Last week, energy (+5.3%) led sector gains, supported by higher oil prices amid heightened U.S.-Iran tensions, followed by communication services (+4.8%) and basic materials (+3.6%). This week, we believe investors will focus on the Fed’s July meeting minutes for further clues on the timing of future rate moves.

Last week, our Fair Value Model portfolio returned +1.3% vs +0.1% for the benchmark (NYSE Equal Sector Weight/EQL). Our picks have outperformed the benchmark in three of four periods tracked.

Last week, our Top Picks portfolio returned +4.9% vs -0.5% for the benchmark (TSXV). Our picks have outperformed the benchmark in five of seven periods tracked.

This edition highlights First Phosphate’s Nasdaq uplisting, Chilean Cobalt receiving a larger potential EXIM financing package, Argo Gold continuing to generate cash from its producing oil asset, Nine Mile Metals reporting a high-grade copper-rich intercept at Wedge, and Doubleview Gold benefiting from a major U.S. scandium financing precedent. We also introduce CytoMed Therapeutics, a clinical-stage biotech developing off-the-shelf cancer therapies, ahead of our planned initiation of coverage. Read on for our take on why these developments matter.

*Past performance is not indicative of future performance.

Last Week’s Five Most-Read Reports

Report Type	Publication Date	Report Name
Market Intel Weekly	Aug 10, 2026	Strategic Deals, Record Results, and a Major AI Win
Zepp Health Corporation	Jul 20, 2026	Outgrowing the Market, Trading Below Liquid Assets
Silver X Mining Corp.	Aug 13, 2026	Ramping Production, Outperforming Expectations
Fortune Minerals Limited	May 10, 2026	Entering a Key Phase Amid Critical Metals Momentum
Atrium Mortgage Investment Corporation	Aug 7, 2026	Poised to Close the Valuation Gap