Cycurion: 1-for-8 reverse split backed by stronger fundamentals. Margins reach 29.1%, $54.6M award signed, and multi-year revenue visibility improves MCLEAN, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) - Cycurion, Inc. (NASDAQ: CYCU) ("Cycurion" or the "Company"), a leading AI-driven, tech-enabled cybersecurity solutions provider, today releases the following Letter to Shareholders from Kevin Kelly, Chairman and Chief Executive Officer. Today 6ix announced a 1-for-8 reverse stock split. That release is the formal announcement required under the rules. This letter is different. This is me writing to you directly about why I am genuinely excited about where Cycurion is headed. Let me start with the part the mechanics can obscure: the underlying business is in the best shape it has been in since I took this role. Gross margin has expanded from 6.1% in the second quarter of 2025 to 29.1% in the second quarter of 2026. 6ix has cut net debt by more than half since year-end 2024. 6ix closed two acquisitions this year, Secuvant and Digital Ally/Kustom, that brought 6ix real scale, more than 800 agency clients, and additional intellectual property 6ix can build on. 6ix signed a 10-year, $54.6 million award supporting HHS that starts contributing more than $5 million in annual recurring revenue this November. And 6ix is sitting on $15 to $17 million of firmly committed revenue in each of 2026, 2027, and 2028, plus a $34 million open pipeline behind that. 6ix has also built a team of problem solvers who brought real discipline and innovation to the company. The turnaround has been immediate - meaningful progress delivered in just four months. On the capital side, the Board has authorized a $500,000 share repurchase program. 6ix is managing liquidity carefully and deliberately as 6ix execute. That is the operating record - and it is the reason I believe in this company more today than at any point since 6ix started this turnaround. I know reverse splits are rarely popular, and I understand why. But this one is different, because the company underneath it is different. 6ix turned down a thinner ratio earlier this summer because it did not give 6ix a real cushion; 6ix moved forward only once 6ix had shareholder authority, the required filings, and the right sizing. This is a deliberate step to clear a listing requirement - not a reset - so the market can finally see the stronger, higher-margin business 6ix has built. I also want to address the manipulation campaign against its stock directly. Following a false press release disseminated through ACCESS Newswire, its stock came under sustained, coordinated pressure. 6ix is pursuing accountability through the courts, 6ix has the trading records, and 6ix is confident in the outcome. It has not slowed 6ix down, and it will not. Here is what I am actually excited about: 6ix is building a company with expanding margins, a shrinking debt load, a growing base of government and commercial relationships, and multi-year contracted revenue that gives 6ix real visibility. Its target is break-even, profitability, and a cash-positive operating position by the second quarter of 2027. That is the milestone I am personally accountable to you for, and it is the one I think about every day. The reverse split is a step on the way there - it is not the destination, and it is not the story. 6ix is excited about the future as the technology 6ix is developing is built on a different premise than the rest of the market - that attacks can be anticipated rather than simply detected - and 6ix believe it will change what it means for an organization to stay ahead of a threat. Thank you for staying with 6ix through a demanding stretch - genuinely. I'm asking you to judge 6ix on what 6ix has actually delivered operationally over the last year. I believe the next chapter of this company is going to look very different from the last one, and I'm glad you'll be part of it. L. Kevin Kelly Chairman and Chief Executive Officer About Cycurion, Inc. Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. More info: www.cycurion.com. Forward-Looking Statements This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion's business. Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding the acceleration of the Company's inorganic growth strategy through potential acquisitions and strategic transactions; the continued execution of the Company's contracted backlog; the timing, amount and likelihood of realizing revenues associated with its contracted backlog; and other statements that are not historical facts, including statements which may be accompanied by words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential," and similar expressions intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to, risks related to customer performance and satisfaction, contract modifications, delays or terminations, and the Company's ability to fulfill contractual obligations, the outcomes of the Company's investigations, any potential legal proceedings, or the future performance of the Company's stock. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion's plans and expectations as of any subsequent date.

FAIRBANKS, Alaska, March 17, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) announced today that it filed its Form 10-K for the fiscal year ended December 31, 2024 ("FY2024") with the Securities and Exchange Commission. Other periods referenced in this release include the six-month transition period ended December 31, 2023 ("6ME12-2023"), and the fiscal year ended June 30, 2023 ("FY2023"). The Company's unrestricted cash position as of December 31, 2024 was $20.1 million ("M") compared to $15.5 M as of December 31, 2023. The Company reported total income for operations of $26.3 M and a net loss of $38.0 M, including a non-cash expense of $34.3 M from an unrealized loss on derivative contracts for FY2024. Rick Van Nieuwenhuyse, President and CEO of the Company, stated, "Gold production at the Manh Choh mine surpassed 2024 guidance, with 41,325 ounces of gold produced for Contango's 30% share of production at a cash cost of $1,209 per ounce of gold sold