00:12:40 EDT Fri 12 Jun 2026
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Automata Rare Earth Corp
Symbol AREE
Shares Issued 10,379,811
Close 2026-06-11 C$ 0.42
Market Cap C$ 4,359,521
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Automata appoints Makrodimitras to advisory board

2026-06-11 19:16 ET - News Release

Mr. Chris Huggins reports

AUTOMATA RARE EARTH CORP. ESTABLISHES STRATEGIC ADVISORY BOARD WITH APPOINTMENT OF CANADIAN SPECIAL OPERATIONS VETERAN ALEX MAKRODIMITRAS

Automata Rare Earth Corp. has appointed Alex Makrodimitras to its newly established strategic advisory board.

Mr. Makrodimitras brings more than 22 years of service in the Canadian Armed Forces, including multiple leadership roles within the Canadian Special Operations Command. His experience spans operational leadership, mission planning, capability development, defence procurement and the deployment of advanced technologies within military environments.

In addition to his military service, Mr. Makrodimitras founded Spicy Corp. in 2024, a defence technology company focused on secure communications solutions. He also serves as a member of the Inturai Ventures advisory board, providing guidance and expertise related to government procurement opportunities, defence technologies and strategic growth initiatives.

The company believes the establishment of a strategic advisory board will strengthen its ability to evaluate strategic opportunities, foster relationships with government and defence entities, and better navigate the growing intersection of critical minerals, technological innovation, national security, and global supply chain resilience.

Chris Huggins, chief executive officer of Automata Rare Earth, commented:

"As global demand for critical minerals continues to accelerate, particularly those used in advanced defence systems, aerospace applications and next-generation technologies, we believe it is important to surround the company with advisors who understand these strategic trends at the highest level. Alex brings a unique combination of operational experience, leadership and defence sector insight that will be valuable as we advance our projects and evaluate future opportunities."

Mr. Makrodimitras has extensive experience in defence materials, emerging technologies and technology integration, with a strong understanding of the evolving requirements of modern military and national security organizations. His background includes extensive experience working within highly specialized military environments where emerging technologies, operational readiness and national security considerations are critical priorities.

Mr. Makrodimitras commented:

"Critical minerals have become increasingly important to both economic security and national security. I look forward to supporting Automata as it advances its portfolio of projects and positions itself within the evolving critical minerals landscape."

About Automata Rare Earth Corp.

Automata Rare Earth is a Canadian critical minerals exploration company advancing projects that support the growing demand for rare earth elements essential to advanced defence technologies, autonomous systems, artificial intelligence infrastructure and next-generation robotics. The company holds option agreements to acquire up to a 100-per-cent interest in the Oculus rare earth element (REE) project in Labrador and the Burnt Pond VMS (volcanogenic massive sulphide) project in Newfoundland, both strategically located within prospective mineral districts.

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