First American Uranium Issues Statement on Canada’s G7 Mineral Strategy – Highlights Canada’s Role in the Global Critical Minerals Supply Chain

Core Viewpoint - First American Uranium Inc. is optimistic about the Canadian government's new initiative to enhance critical minerals supply chains, viewing it as a significant opportunity for responsible domestic development of strategic minerals [2][3]. Company Overview - First American Uranium Inc. is a North American mineral exploration company focused on acquiring and developing precious, base, and critical mineral assets, including properties in British Columbia and Quebec [4]. Strategic Alignment - The company's niobium and neodymium assets align with Canada's national direction to build a more resilient and self-reliant critical minerals supply chain [2][3]. - The CEO of First American Uranium emphasized the strategic importance of sourcing critical minerals domestically, given Canada's abundant natural resources [3]. Market Positioning - First American Uranium is well-positioned to advance domestic production of niobium, which is essential for various low-carbon technologies and defense applications [5]. - The company aims to contribute to a diverse and resilient critical minerals supply chain through timely product development and strong environmental stewardship [5].