ArcStone Financial Pulse Inc. Publishes Feature Report

ArcStone Financial Pulse Inc. is pleased to share a Company Feature Report on PRISM Diversified Ltd. (CSE: NDAT, RTO Pending), an Alberta-based critical minerals company advancing a world-scale polymetallic platform at Clear Hills, approximately 500 km northwest of Edmonton, one of the largest ironstone polymetallic deposits in North America. PRISM is a vertically integrated mine-to-metals company that intends to produce high-purity iron powder, primary steel products, and vanadium pentoxide using its proprietary Altatude Reductive Chlorination Process (ARCP).

PRISM's Clear Hills deposit hosts 149 million tonnes of contained iron (Fe) and 903,594 tonnes of contained vanadium pentoxide (V2O5) on an Indicated basis, per an NI 43-101 mineral resource statement effective February 20, 2026. The Company is going public through a reverse takeover of nDatalyze Corp. (CSE: NDAT), with a binding Business Combination Agreement executed on May 15, 2026, subject to CSE and shareholder approval. Following a CA$400,000 private placement closed in May 2026, PRISM is completing a CA$1,600,000 subscription receipt financing targeted for September 15, 2026, which funds a 2026 pilot plant at Innotech Alberta to validate ARCP at scale. With bench-scale results of 99.1% iron extraction at 96% purity and 96% vanadium extraction, PRISM is entering the pilot-validation phase of its development.

Download the Full Overview Here.

Key Highlights Include:

• World-Scale Iron and Vanadium Resource: The Clear Hills deposit hosts 149 Mt of contained iron and 903,594 tonnes of contained V2O5 (Indicated, NI 43-101 effective February 20, 2026), one of the largest ironstone polymetallic deposits in North America, with cobalt, gold, and rare earth credits present but not yet quantified.

• Proprietary Liberation Breakthrough: PRISM's ARCP process achieved 99.1% iron extraction at 96% purity and 96% vanadium extraction in December 2024 bench-scale testing by TCM Research, addressing the metallurgical barrier that had left the resource stranded since 2016.

• Defined Path to Public Listing: PRISM is completing a reverse takeover of nDatalyze Corp. (CSE: NDAT) under a binding Business Combination Agreement executed May 15, 2026, subject to CSE and shareholder approval, with approximately 162.6 million shares outstanding post-RTO and nil debt.

• Fully Scoped Development Roadmap: A 2026 pilot plant at Innotech Alberta advances to a demonstration plant (2027), preliminary economic assessment (2026) preliminary feasibility study (2028), and phased commercial rollout (2029 to 2031), targeting 3 million tonnes per annum of iron and steel product over a 47-year mine life.

• Strategic Vanadium Exposure: At full scale, PRISM's vanadium output would represent approximately 15% of current global supply, a domestic, secure source of a material designated critical by the United States, Canada, and the EU, recovered as a co-product of the iron-first process at no additional mining cost.

• Engineering Validation and Alberta Advantage: Demir Engineering has confirmed its confidence in the ARCP process and invested in its development toward a demonstration plant, with operations positioned within Alberta's low-cost natural gas, carbon capture, and heavy-industrial infrastructure.

PRISM Signs Definitive Agreement (“DA”) with nDatalyze Corp for RTO onto CSE

Prism is pleased to announce that it has entered into a binding Business Combination Agreement with nDatalyze Corp. that was previously described in the Mar 11th News Release. Prism successfully completed a $400,000 private placement raise on May 11th which was a precurser to obtaining this DA.

For further information relating to the DA please refer to nDatalyze’s news release at: https://sedar-filings-primary.thecse.com/000045107/06444521-00000001-000045107-20260515_-_nDatalyze-PDF.pdf

News Update to Prism’s proposed Reverse Takeover (RTO) of nDatalyze Corp.

Calgary, AB – March 11, 2026 – TheNewswire – nDatalyze Corp. (CSE: NDAT) (the “Company”) updates the proposed reverse takeover (“RTO”)  with PRISM Diversified Ltd. (“PRISM”), an Alberta-based mine-to-metals producer that will leverage Alberta’s low-cost natural gas, carbon sequestration infrastructure, hydrogen expertise and industrial workforce to produce lower-emissions steel production and critical minerals. The PRISM website is at https://www.prismdiversified.com/ .

What is currently expected to be reflected in the Definitive Agreement:

a) the Definitive Agreement, originally expected to be executed on or before March 15, 2026, is now expected to be executed on or before March 31, 2026,

b) Financing of a minimum of $2 million will be arranged by PRISM and/or its agents, said Financing consisting of:

i. Prior to March 31, 2026, PRISM will conduct a private placement of $400,000 (at $0.10 per share) resulting, at Closing, in 4,000,000 shares in the Resulting Issuer,

ii. between March 31, 2026 and August 15, 2026, the Company will conduct a $1,600,000 subscription receipt (“SR”) financing (the “Financing”) such that, at Closing, subscribers for SRs will own 16,000,000 shares of the Resulting Issuer, with the required share conversion ratio to be set out in the Definitive Agreement,

iii. Proceeds of the Financing are for general corporate purposes,

c) Assuming $2,000,000 in total financing is raised, upon Closing the RTO, the 41,327,425 outstanding nDatalyze shares will convert to 15,555,555 shares of the Resulting Issuer with the required share conversion ratio set out in the Definitive Agreement. If greater than $2,000,000 is raised, the additional securities must be sold at a minimum of $0.10 per share and the number of nDatalyze shares, being 15,555,555, will not increase,

d) Post-Closing, the Resulting Issuer will have 162,560,555 shares outstanding consisting of: PRISM existing share capital (120,000,000), fundraising and financing costs (27,005,000), the Company’s existing shareholders (15,555,555),

e) Subscription Receipts cannot be exchanged for Company shares unless the RTO closes,

f) Prior to the exchange of Subscription Receipts for Company shares, all Company assets, tangible (with the exception of $30,000 in cash) and intangible (including IP, technology and databases), will be spun out to the Company shareholders on the basis of one spinout share for one Company share (or equivalent),

g) standard terms, conditions, representations and warranties,

h) the RTO will be subject to Canadian Securities Exchange and approval by PRISM shareholders.

PRISM signs Memorandum of Understanding (MOU) for Reverse Takeover (RTO) of nDatalyze Corp

Prism is pleased to announce the signing of a non-binding MOU with a CSE-listed company. (nDatalyze Corp: NDAT:cse, NDATF:otcpk). This RTO will not only provide Prism direct access to public capital markets to fund its pilot project but also offer liquidity opportunities for existing shareholders, enhancing Prism’s future growth and investor alignment. The mechanics of the transaction are summarized here…www.stockwatch.com

 “Like other Canadian private companies, PRISM has found investors have been reluctant to invest in private companies.  PRISM has a world-class critical mineral resource and this is the right time to go public and advance the project,” PRISM CEO John Merritt explains. “Public resource companies with advanced stage projects, such as PRISM, are getting attention and good valuations for their projects.  We intend work quickly to move towards a definitive agreement and complete the go public transaction, subject to Exchange and regulatory approval.”

PRISM aims to raise $2 million to enable completion of a Pilot plant that will demonstrate the innovative Altatude Reductive Chlorination Process (ARCP) that PRISM will use to liberate iron from its polymetallic ironstone ore. Inquiries relating to participating in the planned funding round can be made to PRISM’s CEO, john@prismdiversified.com. 

Existing PRISM shareholders are advised that updates on this transaction will be published on this www.prismdiversified.com/news  page.

PRISM CEO presents at Alberta’s Industrial Heartland Association’s 2025 Conference

The AIHA conference is an annual gathering of northern Alberta’s largest companies. Always a sell out event, it was a great honour to be able to discuss the potential for economic diversity through Critical Minerals as offered by PRISM’s Clear Hills ore.

PRISM CEO John Merritt (second from left) outlines how PRISM’s low-carbon ironmaking process aligns with the heartland’s cost-effective production of “blue molecules”.

With an opening panel including the Premiere, the 1000 attendees were receptive to the Critical Minerals panel discussion.

Demir Engineering Partners with PRISM Diversified

Demir Engineering is excited to announce its strategic partnership with PRISM Diversified to support the Alberta Clear Hills Polymetallic Project. This collaboration aims to advance the development of a demo plant and future full scale multi-metallic processing plant for low-emission steelmaking in Alberta as well the recovery of critical minerals, including vanadium.

At Demir Engineering, we are bringing our expertise in engineering design, metallurgical testing, and process development to help make this project technically and economically feasible at an industrial scale. Our role is to provide engineering solutions to transform innovative concepts into a scalable proprietary process and operational plant.

Since becoming involved in the project we have gained confidence in this novel process which has led us to invest in further developing the resource. This marks a significant step toward building a sustainable and efficient steel industry while securing strategic critical minerals essential for the future. We look forward to working closely with PRISM Diversified to move this project forward and contribute to Ultralow-carbon steel production. Stay tuned for more updates as we progress toward the demo plant phase.

www.demirengineering.com