UraniumX Discovery Corp. Announces Non-Brokered Life Offering

Executive Summary

• UraniumX Discovery Corp. announced a non‑brokered private placement of up to 7,500,000 units at $0.20 per unit, targeting gross proceeds of up to $1,500,000.
• Each unit consists of one common share and one warrant to purchase an additional common share at $0.30 exercisable for 36 months (exercisable after a 60‑day hold period).
• Net proceeds are earmarked for general working capital, corporate expenses, and future exploration/development on the Murphy Lake, Zoo Bay, and NeoCore properties.

Key Details

• Units Offered: Up to 7,500,000 units @ $0.20 per unit → Gross proceeds: up to $1,500,000.
• Unit Composition:
• 1 common share (Unit Share).
• 1 Common Share purchase warrant (Warrant) – each Warrant allows purchase of one additional common share at $0.30 per share.
• Warrant Terms:
• Exercise price: $0.30 per Warrant Share.
• Expiration: 36 months from issuance date.
• Exercisable starting 60 days after closing of the offering.
• Use of Proceeds: General working capital, corporate purposes (including transaction costs), and discretionary allocation to exploration/development on Murphy Lake Property, Zoo Bay Property, and NeoCore Property.
• Closing Date: On or before February 13, 2026, subject to customary conditions and regulatory approvals.
• Regulatory Framework: Units issued under the Listed Issuer Financing Exemption of NI 45‑106; offered only to Canadian residents (excluding Quebec). No resale restrictions under applicable securities laws.
• U.S. Securities Law Disclaimer: Securities not registered in the United States and may not be offered or sold there unless an exemption is available.
• Finder’s Fees: May be payable to eligible finders per CSE policies.

Notable Quotes

“We are pleased to secure additional capital to advance our exploration programs across key properties, positioning UraniumX for continued growth in the Athabasca Basin.” – Esen Boldkhuu, CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.