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Blackboxstocks Inc Merger Target REalloys Enters Strategic Alliance with St George Mining to Secure High-Grade Rare Earths Supply from the Araxá Project

Alliance reinforces REalloys position as a key leader in the U.S. rare earths supply chain

DALLAS, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), is pleased to announce that its merger target, REalloys Inc. (“REA” or “REalloys”), a vertically integrated rare earth company, today announced that it has signed a Memorandum of Understanding (“MOU”) with St George Mining Limited (“St. George”) (ASX: SGQ) to collaborate on the commercialization of rare earth minerals from their Araxá Project in Minas Gerais, Brazil.

Under the alliance, REalloys and St George will enter into a long-term offtake agreement to secure REalloys access to up to 40% of Araxá’s rare earth production. The two companies will also collaborate on advanced programs to enhance processing and maximize recoveries from Araxá’s high-grade resource. Together, these efforts reinforce and strengthen REalloys’ role as a cornerstone of the U.S. defense and industrial magnet materials supply chain.

Key Highlights:

  • World-class Rare Earth Strategic Supply: Araxá is the largest and highest-grade carbonatite-hosted rare earths deposit in South America, and the second highest-grade REE deposit globally in the Western world, with a resource of 40.6 Mt at 4.13% TREO1 - and favorable project logistics that support a fast-tracked development.
  • U.S. Government Trusted Partner: REalloys has contracts with the Defense Logistics Agency and other federal agencies to develop, qualify, and ultimately manufacture high-purity rare earth metals and magnets for critical defense and commercial applications.
  • Downstream Advantage: By leveraging REalloys’ advanced metallization and alloying technologies, the collaboration is expected to optimize Araxá’s processing flowsheet to deliver products best suited for U.S. protected markets.

“This MOU is an important milestone for REalloys as we continue to secure high-grade rare earth feedstock for our U.S. operations,” said RElloys Chairman, Leonard Sternheim. “The Araxá Project’s scale and grade, combined with our advanced downstream technologies, will allow us to deliver critical magnet materials for U.S. defense, aerospace, and industrial applications. Strengthening ex-China supply chains is a national priority, and this alliance will position REalloys to play a pivotal role in that effort.”

“We are extremely excited to enter into this MOU to forge a strategic alliance with REalloys, which greatly bolsters the development potential for the rare earths opportunity at our 100%-owned Araxá Project,” said John Prineas, Executive Chairman of St George Mining. “The recent rare earths supply chain intervention by the U.S. Department of Defense illustrates the realignment of the global rare earths market now underway. REalloys is one of the leading suppliers of high-performance magnet materials to the U.S. defense and industrial sectors, which means this alliance will create an attractive pathway for St George to access the fast-growing downstream sector of the U.S. rare earths industry.”

As REalloys accelerates the buildout of its vertically integrated rare earth supply chain - anchored by its upstream asset Hoidas Lake in Saskatchewan and further supported by a strategic MOU with the Saskatchewan Research Council for midstream processing services, and its downstream capability through its wholly owned facility in Euclid, Ohio, this new alliance with St George Mining comes at a pivotal moment. With the U.S. government intensifying efforts to secure ex-China rare earth supply chains, the Araxá alliance position REalloys as a critical contributor to national defense, energy security, and industrial resilience.

About REalloys Inc.

REalloys Inc. (REA) operates a downstream magnet material, critical metals, alloys, & magnet manufacturing facility, located in Euclid, Ohio, and owns the Hoidas Lake Rare Earth Elements Project, located in Saskatchewan, Canada. The project boasts a significant Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides (TREO) in the Measured and Indicated categories, with significant potential upside. The Hoidas Lake deposit is distinguished by its unique combination of both Heavy Rare Earth Elements (HREEs), including Dysprosium, Terbium, Gadolinium, and Erbium, as well as Light Rare Earth Elements (LREEs) such as Neodymium, Praseodymium, Cerium, and Lanthanum. REA is expanding its Ohio facility’s production capacity and is concurrently de-risking and advancing its HLREE Project. By incorporating additional verified rare earth element sources, toll manufacturing, and expanding the Euclid Facility’s installed manufacturing capacity, REA is positioned to meet U.S. Protected Markets high performance magnet materials, critical metals, and magnets demand on an accelerated timeline.

For more information, go to www.realloys.com

About the Araxá Project

St George acquired 100% of the Araxá Project on 27 February 2025. Araxá is a de-risked, potentially world-class rare earths and niobium project in Minas Gerais, Brazil, located adjacent to CBMM’s worldleading niobium mining operations. The region around the Araxá Project has a long history of commercial niobium production and provides access to infrastructure and a skilled workforce. St George has negotiated government support for expedited project approvals and assembled a highly experienced in-country team and established relationships with key parties and authorities in Brazil to drive the Project through exploration work and development studies. St George has been selected to participate in the Federal Government’s MagBras Initiative – a program aimed at establishing an integrated and sustainable rare earth products supply chain including the production of permanent magnets entirely within Brazil – and has signed a cooperation agreement with the State of Minas Gerais in October 2024 pursuant to which the State will assist in expediting permitting approvals for the Araxá Project.

About Blackboxstocks Inc.

Blackboxstocks Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs "predictive technology" enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans over 40 countries. For more information, go to https://blackboxstocks.com/.

Contacts
Blackboxstocks Inc.
Investors@blackboxstocks.com

PCG Advisory
Jeff Ramson
(646) 863-6893
jramson@pcgadvisory.com

REalloys Inc.
Angela Gorman
Communications, REalloys
angela@amwpr.com
www.realloys.com

Safe Harbor Clause and Forward-Looking Statements
This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “expose,” “intend,” “may,” “might,” “opportunity,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (a) those factors described under the heading “Risk Factors” in our filings with the SEC, including our reports on Forms 10-K, 10-Q, 8-K and other filings that we make with the SEC from time to time; (b) that the Company and REalloys may be unable to complete the proposed Merger and related transactions because, among other reasons, conditions to the closing of the proposed transaction may not be satisfied or waived; (c) uncertainty as to the timing of completion of the proposed Merger and related transactions; (d) the inability to complete the proposed transaction due to the failure to obtain Company stockholder approval for the proposed Merger and related transactions or the failure to satisfy other conditions to completion of the proposed Merger and related transactions; (e) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; (f) risks related to disruption of management’s attention from the Company’s ongoing business operations due to the proposed transaction; (g) the effect of the announcement of the proposed transaction on the Company’s relationships with its customers and suppliers, and on its operating results and business generally and (h) the outcome of any legal proceedings to the extent initiated against Company, REalloys or others following the announcement of the proposed transaction, as well as the Company’s and REalloys’ management's response to any of the aforementioned factors. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described under “Risk Factors” in our SEC filings may not be exhaustive.

By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and developments in the industry in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results or operations, financial condition and liquidity, and developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

Disclosure Information

Blackbox uses and intends to continue to use its Investors website at https://blackboxstocks.com/company-overview as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the Company’s Investors website, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.


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