Group 1 - Xcite Uranium Inc. will issue 900,000 common shares to Eagle Plains Resources Ltd. as part of six option agreements, allowing Xcite to earn up to an 80% interest in six uranium projects totaling 5,905 hectares near Uranium City, Saskatchewan [1] - The uranium projects included in the agreement are the Gulch, Lorado, Smitty, Don Lake, Beaver River, and Black Bay properties [1][3] - The issued shares will be subject to a four-month hold period in accordance with Canadian securities laws [1] Group 2 - Xcite Uranium is an early-stage exploration company focused on discovering and developing energy transition metals, particularly in the Athabasca basin [3] - The company aims to achieve high-grade uranium discoveries based on new geological modeling and exploration strategies in a previously producing uranium camp that has been dormant for 40 years [3]

Group 1 - The company will change its name to "Xcite Uranium Inc." to reflect its primary focus on exploring and developing uranium projects [1][2] - The common shares will commence trading under the new name on or about March 9, 2026, and shareholders are not required to exchange their existing share certificates [1] - The Uranium City project portfolio includes properties such as Don Lake, Beaver River, Smitty, Lorado, Gulch, and Black Bay, aiming for high-grade discoveries based on new geological modeling [3] Group 2 - Xcite Resources is positioned as an early-stage exploration company targeting energy transition metals, with a specific emphasis on uranium in the Athabasca basin [3] - The company aims to leverage its uranium project portfolio to become a leader in the discovery and development of energy transition metals [3]

Core Viewpoint - Xcite Resources Inc. has commenced airborne geophysical surveys on six projects in the Uranium City area, indicating a strategic move to explore potential uranium mineralization in Saskatchewan [1][2]. Group 1: Project Overview - The airborne geophysical survey will cover 697 line-km using Geotech's proprietary VTEM Plus system, with data collection including infill lines and new areas [2]. - The Uranium City projects have potential for both Beaverlodge-style and basement-hosted uranium mineralization, supported by a substantial uranium endowment in the region [3][4]. - Historical exploration in the Beaverlodge District has documented uranium occurrences since the 1940s, with significant past production of approximately 70.25 million pounds of U3O8 from 1950 to 1982 [4]. Group 2: Geological Features - The projects exhibit key geological features such as northeast-southwest-trending tectonic fabric, confirmed electromagnetic conductors, and anomalous uranium geochemistry associated with graphitic faults [8]. - The mineralization is characterized by high-grade deposits in veins and breccia-fills within basement rocks, often occurring at geological contacts [5]. Group 3: Company Background - Xcite Resources is an early-stage exploration company focused on discovering and developing energy transition metals, with a uranium project portfolio aimed at high-grade discoveries in a historically productive uranium camp [10].

Company Overview - Terra Balcanica Resources Corp. is focused on the Western Tethyan Metallogenic Belt, targeting critical metals such as Sb, Zn, Ag, and Au to meet the demands of the European economy [2][3] - The company holds a 90% interest in the Viogor-Zanik Project located in eastern Bosnia and Herzegovina, which is currently advancing through its drilling campaigns [16] Recent Developments - The acquisition of Adriatic Metals by Dundee Precious Metals for C$1.3 billion underscores the geological potential of Bosnia and Herzegovina, where Terra is also operating [1] - Terra plans to initiate its Phase III drilling campaign at the Viogor-Zanik project within the next two weeks, aiming to confirm the size potential of the Brezani Sb-Ag mineralization [1][2] Geological Context - Bosnia and Herzegovina is part of an ancient European mining belt with significant advantages for exploring metals essential for energy transition markets [3] - The Western Tethyan Belt is recognized for its rich deposits of precious and base metals, comparable to major mining regions like the Andes [6] Regulatory and Economic Environment - Bosnia and Herzegovina is a stable democracy with EU candidate status, working to align its legal frameworks with European standards, which benefits the mining sector [4] - The country has a supportive population towards mining, a skilled workforce, and favorable mining codes, including a corporate tax rate of 10% [5] Project Specifics - The Viogor-Zanik project encompasses 168 km and features high-grade polymetallic targets, with the potential for open-pit or shallow underground mining operations [9] - Recent drilling at the Chumavichi target confirmed high-grade Ag-Sb-Pb-Zn-Au mineralizations across a 2 km strike [10] - At the Brezani target, a 20-meter wide antimony-silver mineralization grading 436 g/t Ag Eq was intercepted, indicating significant resource potential [11][14]