Hualian Holdings: Acquisition of 100% shares of Argentum Lithium S.A. to undergo further review by FIRES

Hualian Holdings announced that the company had previously approved the cash acquisition of 100% of the shares of Argentum Lithium S.A. and the signing of a share purchase agreement. On September 29, 2026, the company received a notice issued by FIRES under Section 25.3 of the Investment Canada Act, informing it of its intention to conduct a further review of the transaction; the company and the seller are continuing to communicate with FIRES and are considering feasible options or remedies. The transaction is also subject to the Canadian government's ICA review and domestic ODI filing and approval procedures.