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Toronto, Ontario--(Newsfile Corp. - February 10, 2026) - STRACON Group Holding Inc. (TSX: STG) (BVL: STG) ("STRACON" or the "Company") provides an update on its January 23, 2026 press release, which discussed the false claims being made by SLC Holdings Inc. ("SLC") in an application filed with the Ontario Securities Commission (the "OSC"), which is being contested by the Company.

On January 29, 2026, a Peruvian court granted an interim injunction sought by STRACON directing the Peruvian Public Registry to immediately complete the registration process of the merger between STRACON and STRACON Holdings S.A., notwithstanding any opposition by SLC. It also granted STRACON the right to secure USD 2 million of SLC's assets for damages and costs.

STRACON continues to contest SLC's application with the OSC.

About STRACON Group

STRACON is an integrated, engineering-led and technology-enabled mining infrastructure and services group operating across the Americas. Headquartered in Toronto, Canada, STRACON provides end-to-end solutions across the mining lifecycle, including engineering and technology solutions, industrial services, equipment and support services, and infrastructure development and ownership. The Company partners with leading global mining operators to design, build, operate and maintain critical infrastructure that supports safe, efficient and sustainable mining...

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