Green Technology Metals Limited has made significant progress on its Seymour Lithium Project in northwestern Ontario. The Ontario Ministry of Mines granted the company two additional 21‐year mining leases, joining the original lease from December 2023 to provide full coverage over the proposed lithium mine and concentrator infrastructure area. This regulatory milestone de-risks the project and sets a solid foundation for future construction and production, following four years of sustained permitting efforts and close collaboration with provincial authorities. The company is intensifying its focus on securing the final permits and approvals needed to transition from development to construction. Environmental assessment work is nearing completion, with the provincial environmental assessment due to conclude in the upcoming quarter, and the core Closure Plan is about 80% complete. Comprehensive baseline studies, including owl and fisheries research, underscore the project’s commitment to addressing environmental responsibilities while incorporating feedback from Indigenous communities, whose ongoing engagement is integral to the project’s advancement. This development positions Green Technology Metals Limited well on its pathway toward reaching a near-term financial investment decision. The secured mining leases and streamlined provincial assessment requirements help minimize regulatory risk. Investors will be watching closely as the project moves into the final stages of permitting, with further approvals and revisions to the Closure Plan under review by government agencies and Indigenous partners. Bullish sentiment comes from the project's de-risking measures, evidenced by securing final mining leases and progress in key permitting workstreams. These achievements suggest that the company is on track to meet necessary milestones, potentially increasing its attractiveness as an investment given the strong government and Indigenous community support. Conversely, bearish sentiment might arise from the remaining uncertainties related to final permitting approvals, potential environmental impacts, and ongoing technical reviews, which could delay the transition to construction and affect near-term project valuation.