C$2 million in funding to support investments in Electrovaya's Canadian facility for automation and capacity enhancements

- Company Completes First 305 PRO Delivery to Florida Police Department and Successfully Lists its Newest Plate on the General Services Administration (GSA) Schedule -

- New Armor Plate is Designed to Provide Improved Protection Against High Power Rifle Threats -

• Q3 Production of 16,604 Gold Equivalent Ounces ("GEO") vs 16,255 GEO in Q2 and 11,204 in Q1, 2024.

• Calandrias Norte high-grade ore supplemented by additional pits extending CIL operation into 2025.

• Production of 3,404, GEO from Heap leach operations during the quarter with a record of 1,644 GEO in August.

• Balance sheet continues to improve, with approximately US$12m in current liabilities repaid since March 2024.

140 m Down-dip Extension, Includes 3.3 m @ 34.1 g/t AuEq and 12.9 m @ 7.4 g/t AuEq

140 m Down-dip Extension, Includes 3.3 m @ 34.1 g/t AuEq and 12.9 m @ 7.4 g/t AuEq

• Reed financing expected to be finalized in November 2024

• Continued progress towards groundbreaking of Infinite Loop^TM India manufacturing facility on schedule

Loop management to hold update call at 8:30 AM ET on October 16, 2024

Exploration Fieldwork Underway & Cosmo Gold Shareholders Set to Approve Transaction