• Xeriant signed a letter of intent with a mineral mining company to secure priority supply of mineral inputs used in its proprietary fire-retardant formulations.
• LOI sets Xeriant as Priority Commercial Partner for exclusive supply of specified minerals used in NexBoard composite panels, NexPatch fire-resistant joint compound.
• Terms include preferred commercial conditions, volume-based pricing incentives, exclusivity protections, non-circumvention provisions.
• Parties plan to negotiate definitive commercial agreement within coming weeks, with potential joint work on new formulations using the minerals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xeriant Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605130835PRIMZONEFULLFEED9719206) on May 13, 2026, and is solely responsible for the information contained therein.