VANCOUVER, British Columbia, February 13, 2026 – UraniumX Discovery Corp. (CSE: STMN) (the “Company” or “UraniumX”) is pleased to announce that it has successfully closed its previously announced upsized listed issuer financing exemption offering (the “LIFE Offering”), as previously announced on January 22, 2026, February 10, 2026, and February 12, 2026.
Pursuant to the LIFE Offering, the Company issued an aggregate of 21,550,000 units (each, a “Unit”) at a price of $0.20 per Unit, for gross proceeds of $4,310,000.
Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of $0.30 per share for a period of 36 months from the date of issuance and is exercisable beginning 60 days following the closing of the LIFE Offering.
The LIFE Offering was conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and was available to purchasers resident in Canada, excluding Québec. Securities issued under the LIFE Offering are not subject to a statutory hold period in accordance with applicable Canadian securities laws.
The net proceeds of the LIFE Offering will be used for general working capital and corporate purposes, including the advancement of exploration and development activities on the Company’s Murphy Lake, Zoo Bay, and NeoCore uranium properties located in Saskatchewan’s Athabasca Basin.
“This financing represents a significant milestone for UraniumX,” said Esen Boldkhuu, Chief Executive Officer. “The strength of investor participation reflects growing confidence in our Athabasca Basin portfolio and our technical approach. With a strengthened treasury, we are positioned to execute our 2026 exploration strategy and capitalize on the constructive fundamentals emerging across the uranium sector.”
In connection with the Offering, the Company paid aggregate cash finder’s fees of $161,140 to arm’s length finders.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About UraniumX Discovery Corp.
UraniumX Discovery Corp. is a Canadian-based junior uranium exploration company focused on advancing high-potential assets in Saskatchewan’s Athabasca Basin, one of the world’s premier uranium districts. The Company’s portfolio includes the Murphy Lake, Zoo Bay, and NeoCore uranium properties, strategically positioned along the eastern margin of the Basin near established infrastructure and high-grade deposits. UraniumX’s exploration programs integrate geophysics, drilling, and academic research collaborations to enhance target generation and discovery potential.
On Behalf of UraniumX Discovery Corp.
Esen Boldkhuu, CEO
Contact:
UraniumX Discovery Corp.
Esen Boldkhuu, CEO
Email: info@uraniumx.ca
Telephone: (604) 377-8994
Website: www.uraniumx.ca
Forward-Looking Statements
This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements in this release include, but are not limited to, statements regarding the anticipated use of proceeds and the Company’s future plans, objectives, and exploration activities.
Forward-looking statements are based on reasonable assumptions, estimates, and opinions of management as of the date hereof and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, fluctuations in market conditions, volatility in equity and capital markets, risks inherent in mineral exploration and development, environmental risks, reliance on key personnel, regulatory approvals, and changes in laws and regulations.
Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.