Modern Mining to Begin Trading Today on NYSE American Under Ticker Symbol "MDRN" Business Wire Fri, November 13, 2026 at 8:00 AM EST 5 min read GC=F +0.25% PA=F +2.42% SI=F -0.21% HG=F -0.43% MDRN Recovering Gold and Critical Metals from Electronic Waste
US$40 million Reg A IPO funds expansion of a proprietary, water-based process that has already produced and sold metallic concentrate from electronic waste — no exploration or mine development required
GREENVILLE, N.C., November 13, 2026--(BUSINESS WIRE)--Modern Mining Technology Corp. ("Modern Mining" or the "Company"), which recovers gold, silver, copper, palladium, and other valuable metals from electronic waste using a proprietary aqueous-based process, today announced that its common shares will begin trading today on the NYSE American under the ticker symbol "MDRN," following the successful completion of its approximately US$40 million Reg A initial public offering ("IPO").
Trading is anticipated to start today late morning Eastern Time.
"The world needs more gold, silver, copper and other critical metals, but traditional mines take years to move into production and require significant capital," said Jeet Basi, President and CEO of Modern Mining. "Modern Mining is different. We start with valuable metals that are already above ground, sitting inside the electronics the world throws away every day. Our feedstock already exists. Our process has been successfully demonstrated. Our NYSE American listing gives us a strong platform to pursue a significant opportunity in metals recovery, and the capital from our IPO allows us to increase capacity and process more material."
Metals that are already above ground: Modern Mining recovers gold, palladium, silver, copper and other valuable metals from electronic waste, without the exploration or mine development required in traditional mining.
Already produced and sold: Modern Mining has demonstrated its process at its North Carolina facility, producing and selling metallic concentrate that met third-party purchasing criteria.
Recovery with water, not fire: Modern Mining's proprietary aqueous-based technology recovers valuable metals from electronic waste rather than relying on incineration-based processing methods.
Built to expand at lower cost: Modern Mining plans to locate pre-concentration plants near major sources of electronic waste and centralize further purification - an approach the Company believes will reduce capital, operating, and transportation costs as it expands.
About Modern Mining Technology Corp.
Modern Mining Technology Corp. is a resource recovery company focused on recovering valuable metals from electronic waste. Using its proprietary aqueous-based processing technologies, the Company extracts, recovers and produces precious and commodity metals, including gold, palladium, silver and copper, and potentially 30 other metals. By processing end-of-life electronics, Modern Mining provides an alternative to traditional mining for sourcing valuable metals.
For more information about Modern Mining, visit https://modernmining.com/.
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian securities laws. These statements relate to analysis and other information that are based on forecasts or future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". We have based these forward-looking statements on information currently available to the Company, assumptions the Company believes are reasonable and our current expectations about future events or performance. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to, our ability to maintain and increase feedstock of E-Waste supply commitments, the volume and composition of E-Waste feedstock, our ability to economically source, extract and recover E-Waste, our ability to successfully implement our growth strategy on a timely basis, the development of our Greenville, North Carolina facility, risks with respect to engineering, permitting, procurement, construction, commissioning and ramp-up, maintaining necessary permits, licenses or regulatory approvals required to operate or expand our business, changes in laws, regulations, market trends and competition in the Company's industry, and the assumptions underlying any of the foregoing, and other factors discussed in the Company's filings with the United States Securities and Exchange Commission (the "SEC") under Regulation A. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effect on, the Company. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The forward-looking statements contained in this news release are made only as of the date hereof. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. The Company encourages investors to review other factors that may affect its future results in the Company's Offering Circular relating to this offering and its other filings with the SEC, available at www.sec.gov, and with the applicable Canadian securities regulators available at www.sedarplus.ca. This news release shall not constitute an offer to sell or the solicitation of any offer to buy the Company's securities.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261113240242/en/
Investors info@modernmining.com +1 (984) 235-6778
Media mdrn@gateway-grp.com +1 (949) 574-3860
