Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Society Pass Incorporated (SOPA) has increased by 139% to $3.34 - Critical Metals Corp. (CRML) has risen by 79% to $14.30 - Sanmina Corporation (SANM) is up 26% at $144.61 - Palisade Bio, Inc. (PALI) has gained 25% to $2.00 - Advanced Micro Devices, Inc. (AMD) has increased by 24% to $205.07 - Odyssey Marine Exploration, Inc. (OMEX) is up 22% at $2.46 - Youxin Technology Ltd (YAAS) has risen by 21% to $3.14 - NioCorp Developments Ltd. (NB) is up 18% at $9.38 - Snow Lake Resources Ltd. (LITM) has increased by 14% to $5.66 - Plug Power Inc. (PLUG) is up 7% at $4.10 [3] Premarket Losers - Rich Sparkle Holdings Limited (ANPA) has decreased by 15% to $22.10 - CCH Holdings Ltd Ordinary Shares (CCHH) is down 15% at $3.73 - Xcel Brands, Inc. (XELB) has fallen by 14% to $2.04 - Quantum Computing Inc. (QUBT) is down 13% at $21.39 - Rent the Runway, Inc. (RENT) has decreased by 12% to $4.70 - MDJM Ltd (UOKA) is down 11% at $2.96 - CID HoldCo, Inc. (DAIC) has fallen by 9% to $2.72 - Algorhythm Holdings, Inc. (RIME) is down 9% at $2.47 - Corbus Pharmaceuticals Holdings, Inc. (CRBP) has decreased by 8% to $13.50 - Art's-Way Manufacturing Co., Inc. (ARTW) is down 7% at $2.58 [4]

Core Viewpoint - Snow Lake Resources Ltd. has entered into a definitive agreement to acquire Global Uranium and Enrichment Limited, aiming to create a U.S. focused nuclear fuel cycle company, enhancing its position in the uranium market and related technologies [1][5][11]. Transaction Highlights - The transaction will consolidate Snow Lake's existing 50/50 joint venture in the Pine Ridge uranium project with GUE, creating one of the largest U.S. focused uranium exploration and development companies [5][6]. - The combined group will benefit from U.S. Administration policies aimed at accelerating nuclear energy development, ensuring national and energy security [5][15]. Strategic Rationale for the Transaction - The merger will enhance exposure to the broader nuclear fuel cycle, including uranium mining, enrichment technology through Ubaryon, and a partnership with Exodys Energy for small modular reactors [3][5][12]. - The combined group will have a diversified portfolio of uranium projects across Wyoming, Colorado, Utah, Canada, and Namibia, along with critical minerals projects in North America [7][8][13]. Financial Aspects of the Transaction - GUE shareholders will receive A$0.0968 in Snow Lake shares for each GUE share held, representing a 40.3% premium to GUE's last closing price and a 54.8% premium to the 30-day VWAP [17][21]. - The combined group is expected to have a market capitalization of approximately US$76.7 million and will be well-funded with around US$18.5 million in cash post-transaction [19][20]. Completion Timeline - The completion of the schemes is targeted for Q1 2026, subject to various customary closing conditions, including shareholder approvals and court approval [24][25].

Core Viewpoint - Snow Lake Resources Ltd. has reported positive drilling results from the Pine Ridge Uranium Project, indicating strong mineralization and positioning the company to benefit from a strengthening uranium market [1][5][4]. Company Overview - Snow Lake Resources Ltd. operates as a uranium exploration and development company, focusing on projects in the U.S. and holding interests in next-generation uranium enrichment and advanced reactor technology [16]. - The Pine Ridge Uranium Project is located in the Powder River Basin of Wyoming, a significant area for uranium production, and is in a joint venture with Global Uranium and Enrichment Limited [1][10]. Drilling Progress - A total of 49 drill holes have been completed at Pine Ridge, amounting to 18,239 meters of drilling, with a total program of 125 holes expected to be completed by November 2025 [2]. - Recent drill results include significant intercepts such as 1.8 meters at 550 ppm U3O8 and 1.7 meters at 520 ppm U3O8, confirming the presence of mineralized roll fronts [5][19]. Market Context - Uranium prices have recently surpassed US$80 per pound, supported by U.S. Administration policies favoring nuclear energy as a key component of national energy security [5]. - The ongoing drilling program aims to define roll front mineralization and has confirmed the existence of at least two major sandstone units suitable for future in-situ recovery (ISR) development [7][8]. Future Development - The drilling area has been expanded with the approval of a BLM Exploration Permit, enhancing the potential for resource estimation and development [5]. - The current drill program is expected to provide more detailed geometry of the identified roll fronts, which will support the development of an initial inferred mineral resource estimate [8].

Winnipeg, Manitoba--(Newsfile Corp. - September 17, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, announces excellent initial drill results on its Pine Ridge Uranium Project ("Pine Ridge"), located in the prolific Powder River Basin in Wyoming, a 50/50 joint venture (the "Joint Venture") with Global Uranium and Enrichment Limited ("GUE").The Joint Venture has completed a total of 33 holes on Pine Ridge, for a total of 1 ...

Core Viewpoint - Snow Lake Resources Ltd. has expressed satisfaction with the maiden high-grade mineral resource estimate announced by Global Uranium and Enrichment Limited for the Maybell uranium project in Colorado, where Snow Lake holds a 19.9% interest [1][3]. Company Highlights - The Maybell uranium project has a historical production of 5.3 million pounds of U3O8 over two mining periods, and the recent resource estimate follows a successful 31-hole drill program conducted in 2024 [7]. - Snow Lake is a cornerstone investor in GUE and is optimistic about the potential of assembling a significant portfolio of domestic American uranium resources, which may benefit from favorable policies on uranium production [4][5]. - The company is also involved in a 50/50 joint venture with GUE on the Pine Ridge Uranium Project in Wyoming, which is currently undergoing an aggressive drilling program of 125,000 feet [4]. Industry Context - The demand for domestic American uranium projects is expected to rise due to increasing electricity needs driven by the expansion of data centers and AI initiatives from major technology companies, alongside supportive policies from the government [7].

Core Viewpoint - Snow Lake Resources Ltd. announces a strategic partnership between Ubaryon Pty Ltd and Urenco to advance uranium enrichment technology, following shareholder approval on July 16, 2025 [1][2]. Company Overview - Snow Lake Resources Ltd. operates as Snow Lake Energy and is a Canadian mineral exploration company listed on NASDAQ under the ticker LITM, focusing on critical minerals and clean energy projects [14]. - The company holds a significant stake in Global Uranium and Enrichment Limited (GUE), which is the largest shareholder of Ubaryon [2]. Strategic Partnership Details - Urenco will invest AUD$5.0 million over the next three years in Ubaryon, acquiring a 13% interest in the company [9]. - The investment is seen as a validation of Ubaryon's technology and potential in the uranium enrichment sector, with Urenco also providing technical expertise to support development milestones [2][8]. - GUE will maintain its 21.9% ownership in Ubaryon by investing approximately AUD$500,000 [7]. Technology and Development - Ubaryon's uranium enrichment technology is at Technology Readiness Level (TRL) 4, indicating successful validation of critical components in a laboratory environment [13]. - The technology eliminates the need for conversion from uranium oxide to gaseous uranium, simplifying the enrichment process and enhancing flexibility in the nuclear fuel supply chain [12]. Management Insights - The CEO of Snow Lake expressed optimism about the partnership, highlighting the potential opportunities it unlocks for both Ubaryon and Urenco [4]. - Ubaryon's Managing Director emphasized the logical path for technical development and commercialization through this partnership, leveraging Urenco's expertise [5].

Core Viewpoint - Snow Lake Resources Ltd. has commenced its initial exploration drilling program at the Pine Ridge Uranium Project in Wyoming, a joint venture with Global Uranium and Enrichment Limited, aiming to establish a maiden mineral resource estimate by the end of 2025 [1][4][5]. Company Overview - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on NASDAQ: LITM, with a focus on critical minerals and clean energy projects [13]. Project Details - The Pine Ridge Uranium Project is located in the Powder River Basin, the most significant area for uranium production in the U.S., primarily utilizing In-Situ Recovery (ISR) methods [2][5]. - The maiden drill program will involve approximately 38,000 meters (125,000 feet) of drilling, targeting high-priority areas identified from historical data [2][4][11]. Strategic Importance - The project is positioned near existing uranium operations, including Cameco's Smith Ranch Mill, which has a licensed capacity of 5.5 million pounds of U3O8 per annum, highlighting its strategic location for potential uranium production [5][7]. Operational Execution - The drilling program has received the necessary permits from the Wyoming Department of Environmental Quality, and Single Water Services LLC will conduct the drilling, leveraging their previous experience in the area [9][10]. - The Joint Venture has contracted Bryan Soliz for geological modeling, who brings over 25 years of experience in the Powder River Basin, enhancing the project's exploration efforts [10].

Core Viewpoint - The White House AI Plan emphasizes the need for reliable power sources, particularly nuclear energy, to support the U.S. ambitions in artificial intelligence, which will drive demand for uranium mining [1][4][5]. Company Insights - Snow Lake Resources Ltd. highlights the urgent need for new uranium mines in the U.S. to meet the increasing demand for electricity driven by AI and its associated data centers [3]. - The CEO of Snow Lake, Frank Wheatley, believes that the combination of the AI Plan and ongoing government support for nuclear energy will create an opportunity to expedite the development of the Pine Ridge uranium project in Wyoming [3][8]. Industry Context - The AI Plan outlines three pillars, with a significant focus on building infrastructure to support AI, which includes the rapid deployment of advanced nuclear reactor technology [5][7]. - The U.S. Administration's Nuclear Executive Orders aim to accelerate nuclear energy deployment, which, along with the AI Plan, is expected to fast-track uranium production initiatives [5][8]. - The second pillar of the AI Plan specifically addresses the need for energy sources to power vast AI infrastructure, reinforcing the demand for uranium [7].

Core Viewpoint - Snow Lake Resources Ltd. is focusing on strategic investments in U.S.-based critical minerals projects to leverage new U.S. Administration policies aimed at accelerating domestic production of these minerals [1][4]. Investment Strategy - The company is actively seeking opportunities to acquire interests in U.S. critical minerals projects that can be fast-tracked into production, potentially creating substantial value for shareholders [3][5]. - CEO Frank Wheatley emphasized the alignment of Snow Lake's investments with U.S. strategic interests, particularly in uranium, antimony, and rare earths [4][5]. Specific Investments - **Uranium**: Snow Lake has committed AUD$1.4 million to GTi Energy's AUD$4.5 million equity financing to advance the Lo Herma uranium project in Wyoming, which has a resource estimate of 8.7 million pounds U3O8 and a projected annual production of 800,000 pounds U3O8 [6][7]. - **Antimony**: The company has acquired a strategic stake exceeding 5% in Resolution Minerals Ltd., which holds the Horse Heaven Project in Idaho, anticipated to meet approximately 35% of U.S. antimony requirements [8][11]. - **Rare Earths**: Snow Lake holds a cornerstone investment in Commerce Resources Corp., which is advancing the Ashram rare earth elements project in Quebec, one of the largest undeveloped rare earths projects in North America with a resource of 204.3 million tonnes averaging ~1.94% Total Rare Earth Oxides [13][15]. Government and Industry Support - There is unprecedented support from the U.S. government, industry, and public for domestic critical mineral production, highlighted by significant investments in MP Materials Corp, including USD$400 million from the U.S. Department of Defense and USD$500 million from Apple [18][19].

Core Viewpoint - Snow Lake Resources Ltd. is advancing its uranium projects in Wyoming and Namibia, aligning with U.S. national and energy security policies, particularly in response to increasing demand for nuclear energy and uranium mining [2][4][7]. Group 1: Project Updates - The Pine Ridge uranium project in Wyoming is a 50/50 joint venture with Global Uranium and Enrichment Limited, with a planned drilling campaign of approximately 38,000 meters (125,000 feet) [6][9]. - The objective of the current drill program at Pine Ridge is to produce a maiden resource estimate by the end of 2025 [6][10]. - The Engo Valley uranium project in Namibia is also undergoing a Phase 2 drill program, targeting approximately 7,500 meters of drilling to establish a maiden uranium resource estimate by the end of 2025 [6][50]. Group 2: U.S. Administration Support - The U.S. Administration has issued executive orders to accelerate nuclear energy deployment and domestic uranium production, which are expected to benefit the development timelines of Snow Lake's projects [7][8]. - These executive orders aim to quadruple nuclear energy in the U.S. by 2050 and reinvigorate the nuclear industrial base, including uranium mining [12]. Group 3: Market Context - The demand for uranium is anticipated to increase significantly due to the growing need for nuclear energy, particularly in the context of the AI arms race between the U.S. and China [12]. - The Pine Ridge project is strategically located near existing uranium operations, including Cameco's Smith Ranch Mill, which has a licensed capacity of 5.5 million pounds of U3O8 per annum [18]. Group 4: Historical Exploration and Data - Historical drilling at Pine Ridge has provided a solid geological foundation, with previous campaigns yielding significant data that supports the current exploration efforts [23][20]. - The Engo Valley project has a history of exploration dating back to 1973, with previous work conducted by Gencor, which included various drilling and radiometric surveys [24][39]. Group 5: Technical Aspects - The Phase 1 drill program at Engo Valley confirmed historical uranium mineralization, with notable intersections of eU3O8 recorded, including 997 ppm over a 7-meter interval [44][51]. - Downhole radiometrics are being utilized to assess mineralization, with ongoing sampling and analysis to confirm the reliability of radiometric grades [48][49].