Highlights:Lycopodium Limited engaged to update Westmoreland Preliminary Economic Assessment (PEA)Westmoreland economic study update to be completed in 1H 2026This study to reflect materially higher long-term uranium pricing and expanded resource baseToronto, Ontario--(Newsfile Corp. - February 26, 2026) - Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) ("Laramide" or the "Company") a uranium mine development and exploration company with significant projects in the United States and Australia, ...

Core Viewpoint - Skyharbour Resources Ltd. is actively participating in the Vancouver Resource Investment Conference and the Metals Investor Forum, showcasing its uranium exploration projects and corporate strategies to potential investors and industry professionals [1][3][5]. Group 1: Conference Participation - Skyharbour will have a booth at the Vancouver Resource Investment Conference on January 25-26, 2026, and will present a corporate overview by President and CEO Jordan Trimble on January 25 at 11:50 AM [1][2]. - The Vancouver Resource Investment Conference will feature over 120 expert speakers and is expected to attract more than 5,000 industry professionals and investors, providing networking opportunities and insights into the commodities landscape [3]. Group 2: Company Overview - Skyharbour holds a significant portfolio of uranium exploration projects in Canada's Athabasca Basin, covering over 662,887 hectares (over 1.6 million acres) [6]. - The company owns a 100% interest in the Moore Uranium Project, which is an advanced-stage property with high-grade, shallow uranium mineralization [6]. - Skyharbour has joint ventures with Denison Mines and Orano Canada Inc. and has signed earn-in option agreements with partners that could lead to over $76 million in partner-funded exploration expenditures and over $42 million in cash and share payments [7]. Group 3: Strategic Goals - The company's goal is to maximize shareholder value through new mineral discoveries, long-term partnerships, and advancing exploration projects in geopolitically favorable jurisdictions [8].

Core Viewpoint - Skyharbour Resources Ltd. has entered into a definitive purchase agreement with Rio Tinto Exploration Canada Inc. to acquire RTEC's minority interest in the Russell Lake Uranium Project, consolidating its ownership to 100% [1][2][3] Transaction Details - Skyharbour will pay a total of C$10 million for the acquisition, consisting of a C$2 million deposit and an C$8 million closing payment expected by December 21, 2025 [2] - RTEC's interest in the Project prior to closing is approximately 42.3% [2] Project Overview - The Russell Lake Project spans 73,314 hectares and is strategically located in the Eastern Athabasca Basin, enhancing accessibility due to nearby infrastructure [4] - The acquisition will create a contiguous block of uranium claims totaling 109,019 hectares between Russell Lake and the Moore Uranium Project [4] - Notable exploration targets on the property include the Grayling Zone, M-Zone Extension, Little Man Lake, Christie Lake, Fox Lake Trail, and the newly identified Fork Zone [4] Company Background - Skyharbour holds a portfolio of uranium exploration projects covering over 616,000 hectares in the Athabasca Basin and is positioned to benefit from improving uranium market conditions [6] - The company has joint ventures with industry leaders and has signed earn-in option agreements totaling over $36 million in partner-funded exploration expenditures [7][8]

Equity Raising and Financial Strategy - Lotus Resources is undertaking an equity raising of approximately A$65 million through a placement of new shares [36, 92] - The offer price for the new shares is A$0.19 per share, representing a 15.6% discount to the last closing price on September 2, 2025 [92] - The equity raise aims to strengthen the balance sheet, providing financial flexibility for offtake strategy, inventory accumulation, and capital optimization [36, 92] - Approximately US$18 million (A$28M) of the proceeds will fund grid connection costs, previously intended to be funded off-balance sheet [41, 92] - Approximately US$2 million (A$2M) will fund remaining mining equipment, also previously intended to be funded by the contractor [41, 92] - US$17 million (A$26M) is allocated for the tailings storage facility (TSF) in FY2026, following detailed design changes [41, 92] Operational and Production Overview - Kayelekera restart achieved on schedule and within budget, with first yellowcake drummed in Q3 2025 [36, 52] - Targeting a steady-state production level of 2.4 Mlbs of U3O8 per annum in Q1 2026 at Kayelekera [36, 56] - The Accelerated Restart Plan for Kayelekera had an initial restart capex of US$50 million [52] Resource Base and Future Growth - The company has a strategic dual-asset portfolio with 165 Mlb U3O8 Global Mineral Resource [37] - Letlhakane scoping study indicates potential to be a 5.5 Mlbpa uranium producer [21]