Core Viewpoint - United Lithium Corp has acquired Swedish Minerals AB for approximately $3,600,500, significantly enhancing its strategic metals platform in the Nordic region, particularly in uranium and rare earth exploration [1][2]. Transaction Summary - The acquisition includes a total purchase price of $3,600,500, with $427,500 paid in cash and $3,173,000 through the issuance of 15,865,000 common shares at a deemed price of $0.20 per share [5]. - The transaction is seen as a major milestone for United Lithium, expanding its footprint in Northern Europe and aligning with the clean energy transition and nuclear power focus in Europe [2][5]. - A Royalty Agreement was established, granting Scandinavian Resources a 1.75% net smelter return royalty on the SM Properties [5]. Management and Board Appointments - Jonathon Franklin, an economic geologist with over seven years of experience, has been appointed as President of United Lithium and joined the board [3]. - Sebastian Bergenwall, co-founder of Swedish Minerals, has also been appointed to the board, bringing extensive expertise in business development and mining regulatory frameworks [4]. Strategic Rationale - The acquisition combines United's lithium development portfolio with high-grade uranium and rare earth assets from Swedish Minerals, positioning the company as a leading Nordic-based explorer [5][6]. - The SM Properties include several exploration-stage properties in Finland and Sweden, strategically located in regions with established infrastructure and mining activity [6].

Core Viewpoint - United Lithium Corp has entered into a definitive Share Exchange Agreement to acquire all issued and outstanding shares of Swedish Minerals AB, aiming to enhance its lithium development portfolio with high-grade uranium and rare earth assets in Europe [1][3]. Transaction Summary - The transaction includes a finder's fee of either 835,000 shares or the maximum allowed under CSE policies, plus $22,500 in cash, contingent upon the completion of the transaction [2]. - United will issue 15,865,000 common shares at a deemed price of $0.20 per share and pay $427,500 in cash to SM shareholders, with specific payment terms outlined [4]. Strategic Rationale - The acquisition aims to combine United's lithium assets with SM's uranium and rare earth resources, positioning the company as a leading explorer in Europe’s clean energy transition and nuclear power resurgence [3]. - SM's uranium division holds one of the largest privately held uranium portfolios in the EU, enhancing United's strategic position [3]. Properties Overview - The acquisition includes several exploration-stage properties in Finland and Sweden, such as: - Riutta Project (999 hectares) in Finland, near established mining operations [5]. - Duobblon Deposit (630 hectares) in Sweden, located in a proven mining district [5]. - Norr Döttern Project (2,900 hectares) in Sweden, accessible year-round [5]. - Märrviken Project (2,710 hectares) in Sweden, supported by nearby infrastructure [5]. - Flistjärn Project (7,552 hectares) in Sweden, prospective for uranium and rare earth elements [5]. - Additional properties in Finland include Asento Project (1,203 hectares), Kovela Project (216 hectares), Kitka Project (3,258 hectares), and Project H (3,644 hectares) [11]. Closing Conditions - The transaction is subject to customary conditions, including due diligence, board appointments, execution of the royalty agreement, and necessary regulatory approvals [7].

Core Viewpoint - United Lithium Corp has entered into a definitive Share Exchange Agreement to acquire all issued and outstanding shares of Swedish Minerals AB, aiming to enhance its lithium development portfolio with high-grade uranium and rare earth assets from SM, positioning itself as a leading Nordic-based explorer in the clean energy transition and nuclear power resurgence [1][3]. Transaction Summary - The transaction includes a finder's fee of either 835,000 shares at a deemed price of $0.20 per share or the maximum allowed under CSE policies, along with $22,500 in cash, contingent upon the completion of the transaction [2]. - United will issue 15,865,000 common shares at a deemed price of $0.20 per share and pay $427,500 in cash to SM shareholders, with specific payment terms outlined [4]. Strategic Rationale - The acquisition aims to combine United's lithium assets with SM's uranium and rare earth properties located in Finland and Sweden, which are recognized as mining-friendly jurisdictions [3]. - SM's uranium division holds one of the largest privately held uranium portfolios in the EU, enhancing United's position in the market [3]. Properties Overview - The Riutta Project in Finland is a 999-hectare exploration-stage property with strategic access to infrastructure [5]. - The Duobblon Deposit in Sweden spans 630 hectares and is located in a proven mining district, making it highly prospective for exploration [5]. - The Norr Döttern Project covers 2,900 hectares and is accessible year-round, offering significant exploration potential [5]. - The Märrviken Project and Flistjärn Project in Sweden are also exploration-stage properties with established infrastructure, enhancing their development prospects [5][6]. Closing Conditions - The transaction is subject to customary conditions, including due diligence, board appointments, execution of the royalty agreement, and necessary regulatory approvals [7].