Verdera Energy and POCML 7 Complete Filing Statement and Technical Report

Executive Summary

• Verdera Energy Corp. and POCML 7 Inc. filed a detailed filing statement and technical report on SEDAR+, confirming the pending Qualifying Transaction originally announced in November 2025.
• The transaction is expected to close on or about February 20, 2026, after which POCML 7 will rename itself “Verdera Energy Corp.” and continue trading on the TSX‑V under ticker V.
• The filing includes a NI 43‑101 technical report for the Crownpoint & Hosta Butte uranium project, outlining 23.4 M lbs indicated and 5.36 M lbs inferred uranium resources (eU₃O₈) with grades around 0.12–0.15 %.

Key Details

• Filing Statement: Submitted February 13, 2026 on SEDAR+; contains full terms of the Qualifying Transaction and conditions to closing.
• Closing Timeline: Target close ≈ Feb 20, 2026; trading expected to resume two business days after closing.
• Name Change & Symbol: POCML 7 will become “Verdera Energy Corp.” and adopt TSX‑V ticker V as a Tier 1 mining issuer.
• Technical Report (Dec 5, 2025): Prepared by BRS Inc. per NI 43‑101; available on SEDAR+.
• Crownpoint & Hosta Butte Project – Indicated Resources:
• Total indicated: 23,416,000 lbs eU₃O₈ (≈9 M t) at an average grade of 0.126 % (GT cutoff > 0.50 ft).
• Crownpoint portion: 17,860,000 lbs (7,511,000 t) @ 0.119 %; Hosta Butte: 8,598,000 lbs (2,952,000 t) @ 0.146 %.
• Crownpoint & Hosta Butte Project – Inferred Resources:
• Total inferred: 5,362,000 lbs eU₃O₈ (≈1.99 M t) at an average grade of 0.134 %.
• Crownpoint portion: 1,320,000 lbs (593,000 t) @ 0.111 %; Hosta Butte: 4,094,000 lbs (1,427,000 t) @ 0.143 %.
• Assumptions Used in Resource Estimates:
• Long‑term uranium price: US$83 per lb.
• Bulk density: 15 ft³/ton; metallurgical recovery: 80 %; ISR recovery basis.
• Historic Mineral Resources (non‑NI 43‑101): Approx. 59.3 M lbs U₃O₈ across Nose Rock, West Largo, and Ambrosia Lake properties – disclosed for context only, not classified as current resources.
• Qualified Person Review: Mark Pelizza, MSc, C.P.G., Director & QP under NI 43‑101, has reviewed and approved the technical disclosure.
• Closing Conditions: Subject to customary closing conditions, including final TSX‑V acceptance and satisfaction of all regulatory approvals.

Notable Quotes

• “The completion of this Transaction will position Verdera Energy Corp. as a leading domestic uranium producer leveraging our extensive New Mexico assets and strategic partnership with enCore Energy,” – Janet Lee Sheriff, CEO, Verdera Energy Corp.