Nuclear Vision Acquires Manganese Carbonate Projects in Slovakia's "Battery Belt"

Executive Summary

• Nuclear Vision Ltd. completed the acquisition of two Slovak manganese carbonate projects (Svabovce and Michalova) by issuing 10,000,000 common shares at a deemed price of $0.24 per share and paying €100,000 to the assignors.
• The Projects contain historic resources of 13.9 Mt @ 14.47% Mn (Svabovce) and 10.4 Mt @ 9.49% Mn (Michalova), representing some of the largest manganese deposits in the EU.
• The transaction is valued at roughly 10 % of Euro Manganese’s market value, providing Nuclear Vision with a highly favorable entry into the European “Battery Belt” and supporting its diversified critical‑minerals strategy.

Key Details

• Transaction Structure: Issuance of 10,000,000 common shares (deemed $0.24/share) plus €100,000 cash to Private Equity Pty and Kluane Capital FZCO (Assignors).
• Consideration Valuation: Approx. 10 % of Euro Manganese’s current market value; price based on Nuclear Vision’s average share price at agreement time.
• Projects Acquired:
• Svabovce Project – 47.24 km² exploration licence, historic resource 13.9 Mt @ 14.47% Mn.
• Michalova Project – 14.34 km² tenement, historic resource 10.4 Mt @ 9.49% Mn.
• Resource Status: Historical estimates; not classified as current mineral resources or reserves under NI 43‑101. Qualified person notes insufficient work to upgrade them.
• Strategic Rationale:
• Carbonate‑type manganese enables direct acid leaching, avoiding energy‑intensive roasting required for oxide ores.
• Projects are within ~300 km of major automotive and battery manufacturers (e.g., Volvo, Gotion‑InoBat).
• Proximity to rail, power, and road infrastructure de‑risks development timeline.
• Regulatory/Shareholder Details: Shares unregistered in the U.S.; subject to a statutory hold period of 4 months + 1 day (NI 45‑102) and an additional voluntary six‑month hold period.
• Future Plans: Transfer licences to a new wholly‑owned Slovak corporation; conduct verification work, site visits, data validation, and potential NI 43‑101 compliant resource estimate if warranted.
• Qualified Person Review: Lorne Warner, P.Geo., Director of Nuclear Vision Ltd., reviewed and approved the technical information.

Notable Quotes

“The Company believes it has acquired the Projects at a very favourable price,” – Derrick Dao, Chief Executive Officer, Nuclear Vision Ltd.

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