Newton Golf Company, Inc. (NASDAQ: NWTG) (the “Company” or “Newton Golf”), a technology-forward golf equipment company, today announced its successful entry into the U.S. critical minerals sector through completing the acquisition of an option to acquire the Pole Canyon project, a historic beryllium-tungsten property in White Pine County, Nevada.

This promising transaction gives Newton Golf direct exposure to two minerals the U.S. government has designated critical to national and economic security and recommended policy changes requiring a U.S. stockpile, at a time when investor and policy attention on domestic strategic-mineral supply chains is intensifying.

As consideration for the acquisition, Newton Golf issued shares representing 19.9% of the Company’s issued and outstanding common stock.

The transaction marks Newton Golf’s first step into a sector that has drawn increasing public market attention as the U.S. works to reduce its reliance on foreign sources for materials used in defense, aerospace and advanced manufacturing. Several other publicly traded companies have recently announced acquisitions of critical minerals projects, reflecting broader investor demand for domestic exposure to this theme. Newton Golf structured the transaction as an option in order to gain exposure to the Pole Canyon project while limiting the Company’s near-term operating and capital commitments.

Newton Golf does not currently intend to conduct mining operations directly. The Company intends to evaluate potential strategic agreements, collaborations or partnerships for the option and related rights, including joint ventures, a sale, or other structures intended to reach the Company’s goal of increasing shareholder value. Newton Golf will continue operating its core business of premium golf equipment.

“This transaction demonstrates Newton Golf’s commitment to participation in a U.S.-based critical minerals asset as domestic supply chains for strategic materials receive increased attention,” said Akinobu Yorihiro, interim CEO and CTO of Newton Golf. “We are excited about advancing and monetizing this opportunity as quickly as possible. We believe that our clean capital structure offers a compelling opportunity. With approximately 6.4 million shares outstanding, we believe potential near-term business wins could create significant value-creation for investors. We intend to aggressively pursue all opportunities that present themselves from this acquisition.”

Pole Canyon Project

Pole Canyon is a past-producing beryllium-tungsten project consisting of 16 unpatented lode claims (MW 1-16) covering approximately 330 acres in White Pine County, Nevada, approximately 50 miles southeast of Ely. Historical project materials identify a mineralized system traced for more than 4,000 feet that was reported to remain open along strike and at depth — meaning prior work did not define its limits.

The historical project materials reference estimates of approximately 281,725 tons grading 0.75% beryllium oxide (BeO) and 0.30% tungsten trioxide (WO3). They also describe historical flotation test work by the U.S. Bureau of Mines, the Booth Company and the Colorado School of Mines that produced beryllium concentrate, and identified potential fluorspar, silver, lead, zinc and rare earth mineralization. The Company has not independently verified these estimates, metallurgical results or additional mineralization potential.

Strategic Market Context

Tungsten and beryllium sit at the center of the U.S. critical minerals conversation: both are named on the Final 2025 U.S. List of Critical Minerals, and both are essential inputs for defense, aerospace and advanced manufacturing applications where domestic alternatives are limited. The United States has had no domestic tungsten mine production since 2015, remains more than 50% import-reliant and depends on a global market in which China accounts for approximately 79% of mine production — a concentration increasingly viewed as a supply-chain vulnerability by policymakers and investors alike.

Starting January 1, 2027, updated U.S. defense procurement rules under the Defense Federal Acquisition Regulation Supplement (DFARS) will ban the procurement of tungsten that is mined, produced, or processed in China, Russia, Iran, or North Korea.

The only current active beryllium mine in the U.S. is the Spoor Mountain mine in Utah operated by Materion Corporation, a NYSE-listed company and U.S.-based integrated beryllium producer and processor with processing sites in Ohio and Pennsylvania. It supplies high‑purity beryllium and alloys for aerospace, defense, and nuclear applications.

Against this backdrop, Newton Golf believes the Pole Canyon option provides a timely platform to evaluate strategic alternatives that could unlock the project’s potential and create value for shareholders.

About Newton Golf

At Newton Golf, we apply the principles of physics to the design and performance of premium golf equipment. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf equipment including Newton Motion shafts and Gravity putters that deliver unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics. For more information, visit newtongolf.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of Newton Golf Company (the “Company”) and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements.

In some cases, forward-looking statements can be identified by words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “projects,” “potential,” or similar expressions. These forward-looking statements include, but are not limited to, statements regarding the Company’s plans to evaluate, monetize or advance the Pole Canyon option and related rights; potential partnerships, joint ventures, sales, financings or other strategic alternatives; the potential value, mineralization, development or strategic importance of the Pole Canyon project; market demand for tungsten and beryllium; and the Company’s continued focus on and growth of its core golf business.

These forward-looking statements reflect the Company’s current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic and business conditions; changes in U.S government policy regarding beryllium and tungsten; any failure to monetize or advance the Pole Canyon option and related rights; changes in consumer demand and industry trends; competition in the golf equipment market; the Company’s ability to execute its strategic initiatives; supply chain disruptions; and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.

The Company cautions investors that forward-looking statements are not guarantees of future performance, and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.

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