February 5, 2026 – TheNewswire - Capacitor Metals Corp. (the “Company” or “Capacitor”) is pleased to announce that it has engaged SRK Consulting (Canada) Inc. (“SRK”) for the preparation of a scoping study for the Upper Fir Tantalum & Niobium Deposit, the most advanced deposit on Capacitor’s Blue River Property located within the North Thompson River Valley of east-central British Columbia.

 

The scoping study will be primarily focused on the positive economic metrics detailed in the 2011 Preliminary Economic Assessment (PEA) completed by AMEC for the Blue River Project, and updated in 2015 by Amec, Foster, Wheeler. The new study by SRK will factor in the marked difference in currency exchange in the last decade, as well as the significantly higher tantalum spot market price.

 

Capacitor President Chris Grove says, “We are excited to be advancing this excellent asset of ours at this time with such an increased opportunity with changed global dynamics for tantalum.”

 

About SRK Consulting Inc.

 

SRK is an independent, international consulting practice that provides focused advice and solutions to

clients, mainly from earth and water resource industries. For mining projects, SRK offers services from

exploration through feasibility, mine planning, and production to mine closure. Formed in 1974, SRK now employs more than 1,700 professionals in over 44 offices on 6 continents.

  

About Capacitor Metals Corp.

 

Capacitor Metals Corp. is focused on the development of the Upper Fir Tantalum & Niobium Deposit on the company’s Blue River Tantalum-Niobium project located in British Columbia, Canada. The Company is positioning itself to be one of the lowest cost, ethically sourced tantalum-niobium producers globally.

 

The deposit is advanced with $34M CAD of work completed, including 271 drill holes totaling over 59,000 meters drilled, a historical Preliminary Economic Assessment (“PEA”) released, community consultations, and preliminary metallurgical and environmental work.

 

The Blue River Property is a fully serviced site in mining-friendly British Columbia, Canada with excellent infrastructure close at hand, including rail, paved road, water, and power adjacent to project site. The Blue River Property contains three known deposits of tantalum and niobium and an additional 20+ known exploration targets.

  

For more information, please visit the corporate website at www.capacitormetals.com or email jschroenn@capacitormetals.com.

 

On Behalf of the Board of Directors

Capacitor Metals Corp.

 

Chris Grove

President and CEO

Tel: (236) 484-0284

Email:         cgrove@capacitormetals.com

Web: www.capacitormetals.com

 

Forward Looking Statements

This news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding future events. Forward looking statements in this news release include statements regarding the proposed scoping study to be undertaken by SRK; statements that the Company is specifically focused on the development of its Blue River tantalum and niobium deposit in British Columbia; and statements that the Company is positioning to be one of the lowest cost, ethically sourced tantalum-niobium producers globally.

 

It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that the unit offering may not close, or that we may not be able to raise sufficient funds to complete our intended exploration and development; that any applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices for tantalum & niobium may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties.

 

This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States or in any other jurisdiction, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the U.S. Securities Act, or any state securities laws, and accordingly, may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom.

 

Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States.