UraniumX approved to trade on OTCQB Venture Market

Executive Summary

• UraniumX Discovery Corp. has been approved for trading on the OTCQB Venture Market under the symbol STMXF, effective May 14, 2026, marking a move from the OTCID Basic Market to a premier venture market with stricter reporting standards.
• The company announced a change in its board of directors, with Howard Milne resigning effective May 22, 2026.
• Management highlighted significant operational progress, including the completion of the most detailed geophysical survey to date at the Murphy Lake property, full funding for an upcoming drill program, and the appointment of Vincent Martin (former CEO of Orano Canada) as a strategic adviser.

Key Details

• Listing Approval: Common shares approved for trading on the OTCQB Venture Market under symbol STMXF, effective May 14, 2026.
• Previous Listing: Shares were previously traded on OTC Markets' OTCID Basic Market under the same symbol.
• DTC Eligibility: The company is in the process of obtaining Direct Registration System (DTC) eligibility to facilitate clearing and settlement for U.S. investors.
• Board Resignation: Howard Milne resigned from the board of directors, effective May 22, 2026.
• Strategic Adviser: Vincent Martin, former CEO of Orano Canada, has been appointed as a strategic adviser, bringing deep Athabasca basin experience.
• Operational Update: The company has completed the most detailed geophysical survey ever conducted on the Murphy Lake property.
• Drill Program: The company states it is fully funded for its upcoming drill program.
• Asset Portfolio:
  • Murphy Lake: Flagship property in the northeastern Athabasca basin; UraniumX is earning up to a 70% interest via an option agreement with F4 Uranium Corp.
  • Zoo Bay and NeoCore: UraniumX holds 100% interests in these properties.
  • Project Generator Approach: The company is optioning non-core assets while retaining royalties and equity to concentrate exploration capital on Murphy Lake.

Notable Quotes

• "The OTCQB listing is an important step for UraniumX as we enter the most active phase in the company's history," said Esen Boldkhuu, chief executive officer of UraniumX. "We have completed the most detailed geophysical survey Murphy Lake has ever seen, we are fully funded for our upcoming drill program and we have assembled a team with deep Athabasca basin experience, including Vincent Martin, former CEO of Orano Canada, as strategic adviser. The OTCQB provides a quality trading platform that gives U.S. investors the access and transparency they need to follow our progress."