WEST PALM BEACH, FL / ACCESS Newswire / October 23, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) (the "Company") is entering a new day with a renewed focus on identifying opportunities that could shape its long-term direction. From preliminary lithium prospects in northern New York to possible connections between Sierra Leone lithium logistics and U.S. refining, ELEKTROS is evaluating where disciplined research, capable partners and practical execution may intersect.

Looking North: An American Lithium Possibility

A central area of interest is the potential for lithium-bearing properties in northern New York State near the Canadian border. ELEKTROS is considering the strategic merits of this region as part of its broader interest in U.S.-based lithium opportunities. This review is early-stage: the Company has not announced a property acquisition, mineral rights, a compliant resource or reserve, verified grades, a development plan or production at any New York location.

Connecting the Pieces of a Lithium Strategy

Beyond domestic evaluation, the Company continues to examine logistics associated with lithium in Sierra Leone and potential introductions to U.S. refining facilities. The objective is to understand possible routes from material sourcing to processing, along with the commercial, regulatory and financial requirements that would need to be satisfied. No definitive refinery arrangement or shipment commitment is being announced here.

Innovation Beyond the Mine

ELEKTROS is also exploring potential ELEKTROS-branded EV fast-charging sites and routes to commercialize its Multi-Port Charging Assembly for Electric Vehicles, protected by U.S. Patent No. 12,522,100 B1. Discussions about sites, prototype development and possible commercialization remain exploratory; no signed charging partnership, patent license or patent sale is announced in this release.

Market Attention, Long-Term Discipline

The Company previously reported a 51.52% daily advance in ELEK shares for the trading day referenced in its October 22, 2026 announcement, based on its review of Bloomberg stock quotes and Yahoo Finance. That historical observation is not a statement about trading on October 23, 2026 or an indication of future performance. Management remains focused on the work required to turn promising ideas into verifiable milestones.

The Work Ahead

ELEKTROS intends to assess possible opportunities through property access, geological review, permitting, processing options, infrastructure, capital requirements and commercial feasibility. The Company has not announced government grants, defense contracts or definitive transactions related to the initiatives described above. Future announcements, if any, will depend on actual progress and the availability of information suitable for public disclosure.

A Message from Leadership

"We are approaching this next chapter with energy and a clear sense of responsibility," said Shlomo Bleier, Chief Executive Officer of ELEKTROS Inc. "We see reasons to explore, ask better questions and build relationships, but we know that real progress must be demonstrated through action. Our commitment is to keep working diligently and communicate with shareholders as meaningful developments occur."

About ELEKTROS Inc.

ELEKTROS Inc. is a publicly traded company (OTC ticker symbol:ELEK) pursuing opportunities in hard-rock lithium, EV charging infrastructure and U.S.-patented charging technology. Its northern New York lithium review and the other potential initiatives discussed in this release remain exploratory.

Forward-Looking Statements and Cautionary Notice

This press release contains forward-looking statements regarding potential lithium opportunities in northern New York, mineral exploration or acquisition, geological and economic feasibility, Sierra Leone logistics, possible U.S. refinery relationships, EV charging locations, prototype development and commercialization of patented technology. These statements are plans, intentions and possibilities, not established results. ELEKTROS has not announced ownership of New York mineral rights, a verified New York mineral resource or reserve, commercial grades, mining permits, economic viability, government funding, defense contracts or definitive refinery, charging, patent licensing or sale agreements in this release. Outcomes are subject to risks including geology, land access, permitting, environmental and community considerations, financing, infrastructure, refining capacity, commodity prices, trade rules and decisions by third parties. Actual results may differ materially, and initiatives may not proceed. ELEKTROS undertakes no obligation to update forward-looking statements except as required by law. ELEK securities may be highly volatile, and investors may lose their entire investment. Past stock-price movements do not predict future performance. This release is not an offer to sell or a solicitation to buy securities, nor a recommendation to purchase or sell ELEK shares.

Company Contact

ELEKTROS Inc. | Publicly traded | OTC ticker symbol: ELEK
Phone: 786-477-9003 | Email: elektrosinc@gmail.com
Website: https://elektros.energy

SOURCE: ELEKTROS Inc.