Partnership advances the continent's first fully funded and permitted heavy rare earth refining pathway, delivering first to market production for allied supply chains Meets all Title 50 defense-sourcing requirements under U.S Code — with zero Chinese / non-allied nexus Commercial production expected in early 2027, strengthening North American and allied supply chains amid intensifying global competition DALLAS, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), is pleased to announce that its merger target, REalloys Inc. (“REA” or “REalloys”), has entered into a historic partnership with the Saskatchewan Research Council (“SRC”), anchored by a commercial processing and long-term offtake agreement to expand the heavy rare earth refining capability at SRC's Rare Earth Processing Facility in Saskatoon, SK. Under the partnership, REalloys has secured 80% of annual production of the upgraded capacity from the facility1 enabling a compliant, North American supply chain for the Company's defense industrial base clients, including the U.S. Department of Defense.