Core Viewpoint - F4 Uranium Corp. has entered into an exclusive option agreement with Stearman Resources Inc. to allow Stearman to acquire up to a 70% interest in the Murphy Lake uranium property in Saskatchewan, marking a strategic partnership aimed at advancing exploration and development of the property [1][2][3]. Agreement Details - Stearman will make a non-refundable cash payment of $50,000 on July 28, 2025, as the initial payment [2]. - Stearman has the option to acquire a 50% interest in the property by paying a total of $750,000 over 24 months, with specific payment milestones [2]. - Stearman is required to fund $10,000,000 in exploration expenditures over 42 months, with scheduled expenditures of $1,500,000 at 12 and 24 months, and $7,000,000 at 42 months [2]. - Stearman must complete equity financings to raise at least $3,000,000 within six months, after which it will issue shares to F4 equal to 9.9% of its total outstanding shares [2]. - Following the initial option, Stearman can acquire an additional 20% interest in the property, bringing its total interest to 70% [2][4]. Property Overview - The Murphy Lake Property spans 609 hectares and is located in the northeastern Athabasca Basin, near significant uranium deposits [6]. - The property is strategically positioned 5 km south of ISOEnergy's Hurricane Uranium Deposit and 4 km east of Cameco's La Rocque Lake Uranium Zone [1][6]. - Previous drilling at the property has shown promising results, including a peak scintillometer reading of 2,300 cps and assay results of 0.065% U3O8 over 2.5m [6]. Company Background - F4 Uranium Corp. is focused on uranium exploration in the Athabasca Basin, with a portfolio of 17 wholly owned properties totaling approximately 157,000 hectares [9]. - The company was spun out of F3 Uranium in 2024 and is led by a management team with a history of successful uranium discoveries [9].

Core Viewpoint - Snow Lake Resources Ltd. has announced an exploration program for the Pine Ridge Uranium Project in Wyoming, with a focus on identifying priority targets and initiating a drill program of approximately 38,000 meters starting in July 2025 [1][3]. Group 1: Project Overview - The Pine Ridge Uranium Project is a joint venture between Snow Lake and Global Uranium and Enrichment Limited, with both companies holding a 50/50 stake [1]. - The project area has been expanded to approximately 15,130 hectares (37,387 acres) through the staking of an additional 937 claims [4]. - The exploration program will utilize existing historical data and public information to develop a comprehensive 3D geological model of the mineralization [4][6]. Group 2: Exploration Program Details - The initial drill program will focus on priority target areas, with approximately 38,000 meters (125,000 feet) of drilling planned [5][6]. - The drill program is expected to commence shortly after permit approvals, anticipated in late June 2025 [9]. - The project is located in the Powder River Basin, a leading uranium-producing region in the U.S., known for its favorable regulatory environment [6][10]. Group 3: Historical Context and Support - Historical drilling campaigns in the project area have included 765 holes by Conoco and 449 holes by Stakeholder Energy, contributing to the geological understanding of the site [7]. - The project is supported by significant geological studies, including the measurement of 350 sandstone outcrops to understand the geological characteristics of the area [8]. - SOLA Project Services will provide technical and project support, leveraging over 25 years of experience in the Powder River Basin [9].

Core Viewpoint - Aero Energy Limited and Kraken Energy Corp. have entered into a definitive arrangement agreement for Aero to acquire all outstanding shares of Kraken, creating a leading North American uranium developer [1][2] Transaction Overview - The transaction is valued at approximately $0.02754 per Kraken Share, totaling around $1.64 million, representing a 20% premium over the 15-day volume-weighted average trading price of Kraken Shares on the CSE [2][7] - The exchange ratio is set at 0.97037 Aero Shares for each Kraken Share [7] Strategic Benefits - The merger combines Aero's Athabasca Basin uranium assets with Kraken's U.S. uranium assets, creating a dual-jurisdiction portfolio that reduces risk and enhances potential returns for shareholders [5] - The transaction secures access to U.S. uranium opportunities, capitalizing on the increasing importance of domestic assets in the energy sector [5] - The merger is expected to enhance market presence and visibility, attracting stronger investor interest [5] Leadership and Governance - The board of directors of the merged entity will consist of five members, with three from Aero and two from Kraken, ensuring a balanced leadership structure [13] - Galen McNamara will serve as CEO and Martin Bajic as CFO of the merged company [13] Shareholder Support - The transaction has received unanimous approval from the boards of both companies, with Kraken's board recommending that shareholders vote in favor [16] - Directors and executive officers of Kraken, representing approximately 8% of the outstanding shares, have agreed to vote in favor of the transaction [15] Regulatory and Approval Process - The transaction requires approval from at least 66 2/3% of the votes cast by Kraken Shareholders and is subject to regulatory approvals from the TSX Venture Exchange and CSE [9][10] - A special meeting for Kraken Shareholders is expected to be convened in June 2025 to vote on the transaction [9] Project Details - Aero is advancing a 250,000-acre land package in Saskatchewan's Athabasca Basin, focusing on high-grade uranium deposits across its flagship projects [29] - Kraken's Apex Property, a key asset, is located in Nevada and has significant exploration potential beyond historically mined zones [23][26]