TSX.V: DMEU.S. OTC: DMEHFFrankfurt: QM01VANCOUVER, BC, May 20, 2025 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. Desert Mountain Energy Corp. proudly joined leaders from across Arizona last week as U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin formally approved the State of Arizona's application for primacy to oversee permitting and regulatory responsibilities for all underground injection well ...

Core Viewpoint - The proposed acquisition of Renergen by ASP Isotopes aims to create a global leader in the production of critical materials, particularly in electronic gases and isotopes, with significant synergies expected from 2026 [1][5][9]. Transaction Overview - The transaction is anticipated to be highly accretive to ASP Isotopes' earnings per share (EPS) by 2026, with a goal of generating over $300 million in EBITDA by 2030 [2][9]. - The acquisition has received support from over 35% of Renergen shareholders and is expected to close in Q3 2025 [3][18]. - The deal involves Renergen shareholders receiving 0.09196 new ASP Isotopes shares for each share held, with a total share consideration not exceeding 14,270,000 shares [16]. Financial Aspects - Renergen's Virginia Gas project, which has helium concentrations over 10 times the global average, has received $40 million in funding and is expected to benefit from an additional $750 million in debt funding [6]. - The combined group is projected to lower isotope enrichment costs by 96% compared to current cash costs [8]. - ASP Isotopes plans to secure $30 million in debt financing to support the acquisition and operations [21]. Strategic Importance - The combination is expected to create a vertically and horizontally integrated supply chain, enhancing the ability to service key markets such as medical, semiconductor, and energy industries [10][11]. - The acquisition aligns with U.S. interests in securing supplies of critical materials essential for future technologies like quantum computing [13][22]. Management and Operations - Renergen will operate as a subsidiary of ASP Isotopes, maintaining its current management team while receiving operational support from ASP Isotopes [17]. - The headquarters of the combined group will relocate to Austin, Texas, facilitating closer proximity to customers [12]. Market Position - The combined entity is positioned to capitalize on the growing demand for isotopes and helium, which are increasingly recognized as critical materials by Western governments [22][24]. - The deal represents a significant opportunity for ASP Isotopes to enhance its market presence and operational capabilities in the isotope and helium sectors [14][22].

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