Refined, Eagle Plains increase Dufferin project size

Mr. Eli Dusenbury reports REFINED ENERGY CORP. AND EAGLE PLAINS RESOURCES LTD. INCREASE DUFFERIN PROJECT SIZE IN THE ATHABASCA BASIN Refined Energy Corp. has acquired a further 529 hectares for the Dufferin West property and a further 1,470 hectares for the Dufferin North property in the Dufferin project, a prospective uranium property located in the Athabasca basin, Saskatchewan, Canada. The Dufferin project now comprises a total of 14,800 hectares. Refined has the right, at its option, to acquire an up-to-75-per-cent interest in the Dufferin project (see Refined's news release of Feb. 27, 2024, and Aug. 6, 2025) from Eagle Plains Resources Ltd. through a series of cash payments, share issuances and financing exploration expenditures on the Dufferin project. The Dufferin project consists of two properties, Dufferin North and Dufferin West, both of which are located approximately 18 kilometres from Cameco's Centennial deposit (historic drill hole VR-031W3 intersected 8.78 per cent triuranium octoxide over 33.9 metres). As a result of continued data review, further confirming the prospectivity of the area, Refined and Eagle Plains have expanded the Dufferin project. The properties are prospective for unconformity- and basement-hosted uranium mineralization in proximity to northeast-southwest-trending faults. Faulted basement contacts and brittlely reactivated structures are the primary locations for mineralization in the area covered by the Dufferin project. Mark Fields, chief executive officer of the company, stated: "We are excited to further increase the size of the Dufferin project. It speaks to our belief that, having established a position in the Athabasca basin region, which is renowned for its history of exploration, discovery and development of high-value uranium mines, we intend to advance our interest there and embark upon exploration programs to test for high-grade deposits that characterize the Athabasca basin. A drill program is currently being planned for Q1 2026. We expect details to be announced shortly." Qualified person C.C. (Chuck) Downie, PGeo, a qualified person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects), a director of Eagle Plains, has reviewed and approved the scientific and technical disclosure in this news release. About Refined Energy Corp. Refined is a Canadian exploration company focused on the discovery and advancement of uranium and critical energy metal projects within Tier 1 jurisdictions. With its Dufferin, Milner and Basin projects located in Saskatchewan's Athabasca basin region, the company is advancing a diversified pipeline of assets supporting the clean energy transition. We seek Safe Harbor.