UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-43094 JAGUAR URANIUM CORP. (Exact name of registrant as specified in its charter) | British Columbia | Not applicable | | --- | --- | | (State or other jurisdiction of incorporat ...

Core Insights - Jaguar Uranium Corp. has initiated a rare earth element assessment program at its Berlin Project in Caldas, Colombia, which is a potentially significant polymetallic deposit historically associated with uranium and various rare earth elements [1][3][4] - The assessment will focus on re-sampling over 20,000 meters of previously drilled core, allowing for early-stage characterization of rare earth elements without the need for immediate new drilling [2][6][9] Company Overview - Jaguar Uranium Corp. is focused on uranium exploration in South America, with the Berlin Project being a key asset that may host a variety of critical minerals including uranium, vanadium, nickel, and phosphate [14] - The Berlin Project spans 9,053 hectares and is located in a mining-friendly region, with significant infrastructure nearby, including a hydroelectric power source and access to the Caribbean coast [10][14] Strategic Importance - The Berlin Project is positioned as a potentially relevant non-China based critical mineral deposit, which aligns with global policy efforts to develop alternative supply chains for rare earth elements [3][5] - The project has garnered attention due to the strategic importance of critical minerals for defense systems, electric vehicles, and clean energy infrastructure [4][5] Assessment Program Details - The assessment program consists of three phases: core logging and systematic re-sampling, multi-element geological modeling, and evaluation of by-product economics [7][8][9] - The initial phase will involve logging and re-sampling preserved drill core to gather data on rare earth elements and other associated minerals [7][9] Upcoming Milestones - The company plans to commence initial REE re-sampling in 2026, marking the first formal characterization of rare earth elements at the Berlin Project [12] - Additional fieldwork and environmental studies are planned for other projects in Argentina, indicating a broader exploration strategy across the region [13]

Core Viewpoint - Fusion Fuel Green PLC is set to gain royalty exposure from three uranium exploration projects in Argentina and Colombia through its acquisition of a controlling interest in Royal Uranium Inc, which holds significant NSR royalties on these projects [1][3][5] Group 1: Royalty Exposure - Royal Uranium holds a 2.0% NSR royalty on the Guanaco concession of the Laguna Salada project and 1.0% NSR royalties on both the Berlin Project in Argentina and the Huemul Project in Colombia [3][4] - The NSR royalty structure allows the royalty holder to receive a percentage of revenue from mineral production without incurring capital or operating costs [3] Group 2: Exploration Plans - Jaguar Uranium Corp plans to conduct exploration activities at the Laguna Salada project after receiving an Environmental Impact Assessment permit, which allows for various exploration activities including drilling and road construction [2][6] - In addition to Laguna Salada, Jaguar has outlined exploration plans for its Berlin and Huemul projects, which are significant uranium exploration properties [4][6] Group 3: Strategic Acquisition - Fusion Fuel's acquisition of Royal Uranium is part of its strategy to create a diversified energy commodity royalty platform, focusing on critical resources like uranium and natural gas [5] - The transaction is expected to enhance Fusion Fuel's participation in energy commodities while supporting its existing energy services and gas platform [5][6] Group 4: Company Background - Royal Uranium is a private energy royalty entity with a portfolio of high-quality uranium and natural gas royalties across premier mining jurisdictions in the Americas [7] - The portfolio aims to provide long-duration exposure to commodity price increases while minimizing operational risks through the royalty model [7]

Core Insights - Jaguar Uranium Corp. is advancing its uranium exploration strategy in Argentina and Colombia for 2026, aiming to define an initial mineral resource while leveraging historic exploration data [1][10] Argentina - Flagship Exploration Focus - In Argentina, the company will prioritize exploration at the Laguna Salada Uranium Project and the historic Huemul Uranium Mine, with Laguna Salada covering approximately 230,000 hectares, making it one of the largest uranium exploration land packages in the country [2] - The Environmental Impact Assessment (EIA) for the Guanaco area within Laguna Salada has been approved, allowing exploration activities to commence [8] Exploration Activities - Fieldwork at Guanaco is set to begin soon, targeting near-surface uranium mineralization for bulk exploration [3] - At Huemul, the company is preparing to submit its Environmental Baseline Study to initiate its exploration program, as it is a historically significant uranium district [4] Colombia - Large Exploration Property with Historic Drilling - The Berlin Project in Colombia is a substantial uranium exploration property with significant historic drilling completed, and a large portion of the historic drill core remains available for analysis [5] - The company plans to systematically review and re-analyze the historic core alongside existing geological data to advance the project toward defining an initial mineral resource [6] Strong Jurisdictional Support - The company is engaging constructively with local and provincial governments in Argentina and Colombia, reflecting the growing recognition of uranium's strategic importance in the global nuclear energy sector [7] Financial Position - Jaguar Uranium Corp. is financially well-positioned, with current cash resources expected to support planned exploration activities for approximately two years [9] - The company has the backing of significant industry shareholders, including IsoEnergy Ltd., enhancing its financial stability [9] Executive Commentary - The Executive Chairman emphasized the unique uranium portfolio controlled by the company, which includes district-scale land packages and historic exploration data, aiming to accelerate the path to discovery and resource definition [10]

Core Viewpoint - Jaguar Uranium Corp. has entered into a non-exclusive framework collaboration agreement with the Ministry of Energy and Environment of the Province of Mendoza, aimed at enhancing cooperation on the company's properties in the region [1][2]. Group 1: Agreement Details - The Agreement establishes a framework for cooperation in various areas, including technical assistance, information exchange, training, and coordination of environmental practices related to mining [2]. - The initial term of the Agreement is one year, with the possibility of renewal for an additional year by mutual consent [2]. Group 2: Company Statements - The Executive Chairman of Jaguar Uranium Corp. emphasized that this collaboration is a significant step towards responsible development and creating sustainable value for the company [3]. - The President & CEO expressed enthusiasm about the framework, viewing it as a foundational step for expanding investment and exploration activities in Mendoza [4]. Group 3: Company Overview - Jaguar Uranium Corp. focuses on uranium exploration in South America, with a portfolio of brownfield assets in Argentina and Colombia, including a former producing mine and historic uranium districts [5]. - The company is supported by a seasoned team with extensive experience in permitting, exploration, and project finance across South America [5].

Core Viewpoint - Jaguar Uranium Corp. has received the Environmental Impact Assessment permit for its Laguna Salada project in Argentina, which is expected to accelerate its exploration timeline significantly [1][2][4]. Group 1: Project Details - Laguna Salada is identified as one of the largest and most promising near-surface uranium projects in Argentina, with the EIA permit specifically covering the "Guanaco" portion of the asset [2]. - The approval of the EIA was received ahead of schedule, allowing Jaguar Uranium to expedite its exploration activities [2][4]. - The company plans to initiate its fully funded "Phase 1" exploration campaign, following a recent $25 million IPO [3]. Group 2: Company Strategy and Statements - The CEO of Jaguar Uranium highlighted the EIA permit as a major milestone that supports the company's exploration strategy at Laguna Salada, enabling rapid advancement to the next phase of work [4]. - With the permit secured, the company is authorized to conduct various exploration activities, including geophysical surveys, surface sampling, trenching, access road construction, drilling operations, and establishing exploration camps [4]. - Jaguar Uranium is positioned to leverage its strong cash position to enhance exploration activities for the benefit of stakeholders and community members [4]. Group 3: Company Background - Jaguar Uranium Corp. focuses on uranium exploration in South America, with a portfolio of promising brownfield assets in Argentina and Colombia [8]. - The company is backed by a team with extensive experience in permitting, exploration, discovery, and project finance across South America, which enhances its capability to revive and expand uranium opportunities in the region [8].

Core Viewpoint - Jaguar Uranium Corp. successfully closed its initial public offering (IPO) of 6,250,000 Class A common shares at a price of $4.00 per share, raising a total of $25 million in gross proceeds to fund its exploration plans over the next two years [1][3]. Group 1: IPO Details - The IPO was completed on February 11, 2026, and was supported by both new and existing investors focused on critical minerals, including a strategic investment from IsoEnergy [1]. - The net proceeds from the offering will be utilized for the implementation of the company's business plan, which includes exploration, development plans, property maintenance, and general corporate purposes [2]. Group 2: Company Overview - Jaguar Uranium is focused on uranium exploration and development, with projects located in Argentina and Colombia, maintaining significant land holdings that offer substantial exploration potential [6]. - The company aims to establish and grow resource levels to introduce new uranium production, addressing the expanding global supply deficiency [6]. Group 3: Management Commentary - The CEO of Jaguar Uranium expressed excitement about the successful IPO and gratitude towards partners and investors for their support, emphasizing the company's strong position for further exploration [3]. Group 4: Regulatory Information - A registration statement for the securities was declared effective by the SEC on January 30, 2026, and the offering is being made only by means of a prospectus [4].

Core Viewpoint - Green Shift Commodities Ltd. announces that Jaguar Uranium Corp. has successfully completed its IPO and is now listed on the NYSE American, indicating a significant milestone for both companies [1][2][3] Company Summary - Jaguar Uranium raised US$25 million through its IPO, issuing shares at US$4.00 each, with trading commencing on February 10, 2026, under the ticker symbol "JAGU" [2] - Green Shift holds 5,181,777 shares of Jaguar Uranium, which enhances its value proposition following the public listing [2][3] - The CEO of Green Shift expressed optimism about Jaguar Uranium's potential in the uranium sector, highlighting the company's advanced asset portfolio in Argentina and Colombia [3] Industry Summary - There is a growing interest in the uranium sector, which is expected to benefit companies like Jaguar Uranium as they execute their business plans [3]

Group 1 - Gold stocks continue to rise, with significant increases in companies such as WanGuo Gold Group (up 9.39%), Zijin Mining (up 3.5%), and Lingbao Gold (up 7.24%), driven by fluctuating gold prices and rising interest rate cut expectations [1][2] - Zijin Mining has approved a three-year production plan for major mineral products from 2026 to 2028, outlining clear production targets [1] - China Duty Free Group reported a 14.71% year-on-year increase in duty-free shopping amounts, totaling 11.585 billion yuan since the policy adjustment [1] Group 2 - Mongol Mining shares rose over 15% during trading, reflecting its transition from a single coking coal producer to a multi-mineral producer, including gold and copper [2] - Semiconductor manufacturer SMIC reported a 12.8% year-on-year increase in Q4 2025 revenue, reaching $2.489 billion, with a 60.7% increase in attributable profit [2] - Health 160 experienced a significant drop of nearly 40%, with its market value falling below 20 billion HKD, indicating a major reversal in its stock performance [2] Group 3 - Xiaomi Group shares increased nearly 5% following a live broadcast by its founder, emphasizing ongoing investments in technology and product development [3] - Zhizhu shares rose over 10% this week, with a cumulative increase exceeding 70%, driven by the launch of a new anonymous model by OpenRouter [3] - Jiantao Group stocks rose due to increased demand for high-end copper-clad laminates driven by AI computing power [3] Group 4 - Jaguar Uranium's stock opened over 35% higher on its debut in the US market but later fell by 23.25%, indicating volatility in its initial trading [4] - NIO shares rose 1.43% as the CEO highlighted significant achievements and future plans for profitability by 2026 [4] - Sohu reported a 6% year-on-year revenue increase in Q4 2025, with a notable reduction in losses compared to the previous year [4] Group 5 - Ferrari's Q4 2025 revenue reached €1.8 billion (approximately $2.14 billion), exceeding expectations, with a positive outlook for 2026 [5] - Philips reported a 1% year-on-year sales increase in Q4, with adjusted EBITA surpassing market expectations, particularly in its personal health segment [5]

Core Viewpoint - Jaguar Uranium (JAGU.US) made its debut on the US stock market, opening with a rise of over 35% to $5.5, triggering a trading halt after an IPO price of $4 [1] Company Overview - Jaguar Uranium is a junior mining company headquartered in Ontario, Canada, focusing on uranium resource exploration and development in South America, primarily in Colombia and Argentina [1] - The company was established in 2022 and has not yet generated revenue [1] Project Details - Jaguar Uranium holds three uranium exploration projects in Latin America, including the Berlin project in Colombia and the Laguna and Huemul projects in Argentina [1] - Uranium is a critical raw material for nuclear fuel, playing a significant role in nuclear power generation and certain strategic metal by-products [1]