Bedford begins phase 2 prospecting at Sheppard Lake

Executive Summary

• Bedford Metals Corp. has begun Phase 2 of its 2025 prospecting program at the Sheppard Lake uranium project in Saskatchewan’s Athabasca basin.
• The month‑long, helicopter‑supported campaign will target high‑priority anomalies in the remote Cable Lake region, using newly acquired MobileMT geophysical data integrated with historic datasets.
• Concurrently, the company granted 4.05 million restricted share units (RSUs) to directors, officers and consultants, vesting over 12 months under its equity incentive plan.

Key Details

• Program Scope: Phase 2 is a month‑long field effort focused on unexplored peripheral targets, especially around Cable Lake.
• Data Integration: Targets were identified by merging historic data with MobileMT surveys collected in spring 2025, overseen by geophysicist Jean Hubert, Eng.
• Logistics: Exploration will be conducted via helicopter support to access remote terrain efficiently.
• Environmental & Community Commitment: Bedford emphasizes minimal environmental impact and active collaboration with local Indigenous communities throughout the program.
• RSU Grant: 4.05 million restricted share units issued to select directors, officers and consultants; vesting schedule is 12 months per the company’s equity incentive plan.
• Qualified Person: Dr. Peter Born, P.Geo., President of Bedford Metals, is the NI 43‑101 qualified person approving all technical information in this release.

Notable Quotes

“We are excited to launch the second phase of exploration at Sheppard Lake… The integration of new data with historical surveys has given us tremendous confidence in the potential of the Cable Lake region and beyond.” – Dr. Peter Born, President, Bedford Metals Corp.