File: Attachment AAR NR Zero Nox Oct 14 26.pdf

ARMADA MERCANTILE LTD. 9575 Pinehurst Drive Roseville, CA 95747 Tel: 916-787-4278

cole@armadamercantile.com

October 14, 2026

TRADE SYMBOL: ARM-Canadian Securities Exchange TRADE SYMBOL: AAMTF-OTC Markets United States

ZeroNox Update on Business

Armada Mercantile Ltd. (CSE Symbol: ARM. USA Symbol: AAMTF), through its seven (7%) percent ownership portfolio company Zero Nox Inc. ("Zeronox"), highlights the following business and newsletter (Full Newsletter) update:

dot Zeronox has received its third California Air Resources Board (CARB) Executive Order covering the Zeronox EV Retrofit Kit for Class 8 vehicles, including heavy-duty trucks and transit buses.

dot Zeronox completed manufacturer eligibility with California HVIP for ZEPP EV Retrofit Kit for Class 2 8 commercial vehicles under Zeronox's existing California Air Resources Board (CARB) Executive Orders, B-96 and B-96-1.

dot Zeronox and TREDC completed the conversion and range testing of the Pleasant View School District's school bus. The Zeronox engineering team will shift its focus to the next vehicles in the TREDC pilot program: a Class 8 semi- truck designed for Premier Trailer and a Ford E-450 paratransit vehicle.

dot Zeronox saw renewed momentum in its partnership with the Jospong Group in Ghana working toward the first phase of deployments of 40 garbage truck electrification vehicles.

About ZeroNox: The Zeronox Electric Powertrain Platform is the OEM and fleet solution to a cleaner, higher-performing, and cost-effective future. The platform is scalable for commercial and industrial vehicles and agile enough to adapt to new technology as it becomes available. For more information, visit: https://www.zeronox.com and https://www.linkedin.com/company/zeronox/

For more information pertaining to Armada Mercantile Ltd., visit: www.armadamercantile.com.

"Patrick Cole" President

Contact Telephone Number: 916-787-4278. This press release may contain forward-looking statements, which are made pursuant to the safe

harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this news release. The risks and uncertainties discussed in documents filed by the Company with the British Columbia, Alberta and Ontario Securities Commissions.