# UraniumX Discovery Corp

> Uranium exploration company listed on CSE: STMN, OTCQB: STMXF and FSE: Q7S. Approximately 41,577 hectares across four properties in two Canadian provinces: the Athabasca Basin, Saskatchewan, and North-Central Quebec.

## Company Overview

UraniumX Discovery Corp is a junior uranium exploration company operating in two Canadian jurisdictions: the Athabasca Basin in Saskatchewan, which hosts the world's highest-grade uranium deposits, and North-Central Quebec. The company holds four exploration-stage properties: Dieter Lake (~8,106 ha, 100% owned, Quebec), Murphy Lake (609 ha, earn-in up to 70%), Zoo Bay (19,850 ha, 100% owned) and NeoCore (13,012 ha, 100% owned).

On August 19, 2026 the company completed its acquisition of a 100% interest in the Dieter Lake uranium project from Consolidated Uranium Inc., a wholly owned subsidiary of IsoEnergy Ltd. (TSX: ISO) (NYSE American: ISOU), announced August 20, 2026. Consideration was 18,000,000 UraniumX common shares at a deemed price of $0.10 plus a 2.0% net smelter returns royalty; no cash was payable and no finder's fees were paid. Consolidated Uranium holds those 18,000,000 shares, approximately 15.2% of the issued and outstanding shares on a non-diluted basis, and IsoEnergy is a strategic shareholder of the company. IsoEnergy's shareholding is consideration for the sale of the Dieter Lake project; it is an equity investment and is not an endorsement of any UraniumX exploration result.

Headquarters: Suite 170 - 422 Richards St., Vancouver, BC V6B 2Z4, Canada
Email: info@uraniumx.ca
Exchange listings: CSE: STMN, OTCQB: STMXF, FSE: Q7S
Shares outstanding: 118,506,036 (as at August 19, 2026, following completion of the Dieter Lake acquisition)

## Key Pages

- [Home](https://uraniumx.ca/index.html): Company overview with property highlights and market context
- [Investor Centre](https://uraniumx.ca/investors.html): Capital structure, catalysts, and investor resources
- [News Releases](https://uraniumx.ca/news.html): All press releases and corporate announcements
- [Leadership](https://uraniumx.ca/team.html): Management team, advisors, and board of directors
- [Dieter Lake](https://uraniumx.ca/properties/dieter-lake.html): Dieter Lake property details (Quebec, 100% owned)
- [Murphy Lake](https://uraniumx.ca/properties/murphy-lake.html): Murphy Lake property details (Saskatchewan, earn-in up to 70%)
- [Zoo Bay](https://uraniumx.ca/properties/zoo-bay.html): Zoo Bay property details
- [NeoCore](https://uraniumx.ca/properties/neocore.html): NeoCore property details

## Properties

### Dieter Lake - ~8,106 ha, North-Central Quebec (100% owned)
100% interest acquired from Consolidated Uranium Inc., a wholly owned subsidiary of IsoEnergy Ltd. (TSX: ISO) (NYSE American: ISOU). The acquisition closed effective August 19, 2026 and was announced August 20, 2026. Consideration: 18,000,000 UraniumX shares at a deemed price of $0.10 plus a 2.0% net smelter returns royalty to Consolidated Uranium; no cash was payable and no finder's fees were paid. Consolidated Uranium holds approximately 15.2% of UraniumX on a non-diluted basis, subject to a statutory four-month hold expiring December 20, 2026 and a voluntary lock-up releasing 25% every four months over 16 months. 168 mineral claims in a single contiguous block within the Gayot Lake basin. Stratabound pitchblende mineralization in the Sakami Formation traced over approximately 6 km of strike in four zones (Vivian, Nancy I and II, and Bert's), open to the southwest. The property hosts a historical estimate of 19.3 million tonnes at 0.057% U3O8 (approximately 24.4 million pounds U3O8), dated 2006. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource, UraniumX is not treating it as current, and it should not be relied upon. UraniumX intends to compile and verify the historical drill database and to undertake confirmation drilling of selected historical holes. An updated NI 43-101 technical report is being prepared by Dahrouge Geological Consulting Ltd. No current mineral resources defined.

### Murphy Lake - 609 ha, NE Athabasca Basin
Earning up to 70% via option agreement with F4 Uranium Corp. Located 30km NW of Orano McClean Lake deposits, 5 km south of IsoEnergy Hurricane Deposit, 4 km east of Cameco La Rocque Lake Zone, 3 km from Cosa Resources Cyclone trend. Key drill result: ML22-006 returned 0.242% U3O8 over 0.5m at 322.5m depth. MLEM ground geophysical survey completed May 2026; preliminary interpretation extended prospective conductor systems by 1.45 km between drill holes ML22-012 and ML22-006. The F4-operated, UraniumX-funded 2026 drill program was completed July 7, 2026: nine holes totalling 4,092 metres across six target areas, defining the Murphy Lake North Trend (visible pitchblende in ML26-015) and the Murphy Lake South Trend, with anomalous radioactivity in five of six target areas. Radiometric readings are anomalous indicators, not assayed grade. Assays are pending. No mineral resources defined.

### Zoo Bay - 19,850 ha, NE Athabasca Basin
100% owned through subsidiary 1477571 B.C. Ltd. 15 mineral claims. Shallow unconformity at 0-200m depth, 60 km from the Orano McClean Lake mill. Under a share exchange agreement dated August 18, 2026, Pond Technologies Holdings Inc. (TSXV: POND) will acquire all shares of 1477571 B.C. Ltd., superseding the April 27, 2026 letter of intent. Consideration to UraniumX: 17,000,000 post-consolidation Pond shares, $350,000 cash and $4,500,000 of make-or-pay exploration spending over 36 months. UraniumX retains a 2.0% net smelter returns royalty and a repurchase right, remains operator until the deferred consideration is satisfied, issues no shares and spends no treasury. The transaction has not closed and remains subject to conditions including exchange acceptance. No mineral resources defined.

### NeoCore - 13,012 ha, E Athabasca Basin
100% owned. 6 mineral claims. 65km SE of Cameco McArthur River mine. Gold'n Futures Mineral Corp. may earn an interest under an option agreement, advancing the property at no exploration cost to UraniumX. University of Saskatchewan collaboration on quartz-degradation analytics. No mineral resources defined.

## Disclaimers

The Company has not defined any current mineral resources or mineral reserves on any of its properties. The Dieter Lake historical estimate is not a current mineral resource, is not being treated as a current mineral resource, and should not be relied upon. Mineral exploration is inherently speculative and involves significant risk. References to adjacent properties are for geological context only. All forward-looking statements are subject to risks and uncertainties. Review complete filings on SEDAR+ (sedarplus.ca).

## News Releases

### UraniumX Completes Acquisition of the Dieter Lake Uranium Project; IsoEnergy Becomes Strategic Shareholder
- Date: 2026-08-20
- 2026-08-20 - Completes acquisition of Dieter Lake; IsoEnergy becomes strategic shareholder
- Type: corporate
- Summary: UraniumX Discovery Corp. (CSE: STMN) (OTCQB: STMXF) (FSE: Q7S) announces completion of its previously announced acquisition of a 100% interest in the Dieter Lake uranium project in North-Central Quebec from Consolidated Uranium Inc., a wholly owned subsidiary of IsoEnergy Ltd. (TSX: ISO; NYSE American: ISOU), pursuant to the definitive asset purchase agreement dated July 8, 2026. With closing, Consolidated Uranium holds 18,000,000 common shares of UraniumX, approximately 15.2% of the issued and outstanding shares on a non-diluted basis, and IsoEnergy becomes a strategic shareholder of the Company. Dieter Lake hosts a historical estimate of 19.3 million tonnes at an average grade of 0.057% U3O8, containing approximately 24.4 million lbs U3O8 (see cautionary statements). Consideration was all shares and a 2.0% net smelter returns royalty; no cash was payable and no finder's fees were paid. UraniumX now holds uranium projects in two Canadian jurisdictions: Saskatchewan and Quebec.
- URL: https://uraniumx.ca/news/2026-08-20-uraniumx-completes-dieter-lake-acquisition-isoenergy-strategic-shareholder.html

### UraniumX Discovery Corp. Provides Update on Transaction with Pond Technologies Holdings Inc.
- Date: 2026-08-19
- 2026-08-19 - Share exchange agreement with Pond Technologies Holdings Inc.
- Type: corporate
- Summary: UraniumX Discovery Corp. (CSE: STMN) (OTCQB: STMXF) (FSE: Q7S) announces it has entered into a share exchange agreement dated August 18, 2026 with Pond Technologies Holdings Inc. (TSXV: POND), superseding the April 27, 2026 letter of intent. Pond will acquire all shares of UraniumX subsidiary 1477571 B.C. Ltd., which holds a 100% interest in the Zoo Bay Uranium Property, subject to a 2.0% NSR royalty in favour of UraniumX. Consideration: 17,000,000 post-consolidation Pond shares, $350,000 in cash and $4,500,000 in exploration spending, with the balance payable over 36 months. UraniumX stays on as operator until the deferred consideration is satisfied, retains a Repurchase Right, issues no shares and spends no treasury.
- URL: https://uraniumx.ca/news/2026-08-19-uraniumx-zoo-bay-share-exchange-pond.html

### UraniumX Extends Murphy Lake Conductors by 1.45 km; Drill Program to Commence Mid-May
- Date: 2026-05-05
- Type: exploration
- Summary: UraniumX completes the Moving Loop Electromagnetic (MLEM) ground geophysical survey at Murphy Lake. Preliminary interpretation extends prospective conductor systems by an additional 1.45 km in the corridor between drill holes ML22-012 and ML22-006. F4-operated drill program scheduled to commence mid-May 2026, fully funded by UraniumX.
- URL: https://uraniumx.ca/news/2026-05-05-murphy-lake-conductors-extended-145km.html

### UraniumX Reports Strong Financial Position Ahead of Spring Drill Program
- Date: 2026-05-01
- Type: corporate
- Summary: UraniumX reports cash and cash equivalents of $5.31M, working capital of $5.98M, and $2.12M in flow-through commitments as of February 28, 2026, supporting a fully funded spring 2026 drill program at Murphy Lake. Marketing agreement with Machai Capital Inc. announced.
- URL: https://uraniumx.ca/news/2026-05-01-strong-financial-position.html

### UraniumX Discovery Corp. Announces LOI to Enter into Option Agreement with Pond Technologies Holdings Inc. Regarding the Zoo Bay Uranium Project
- Date: 2026-04-27
- 2026-04-17 - Closing of final tranche of non-brokered private placement
- Type: corporate
- Summary: UraniumX enters letter of intent dated April 27, 2026 with Pond Technologies Holdings Inc. for an option on the 19,850-hectare Zoo Bay Uranium Project. Pond may earn 100% by issuing 16,000,000 common shares, paying $350,000 cash over three years, and incurring $4,500,000 in exploration expenditures. Subject to definitive option agreement, TSXV approval, and Pond shareholder approval.
- URL: https://uraniumx.ca/news/2026-04-27-uraniumx-loi-pond-zoo-bay.html

### UraniumX Plans 2,500-Station Ground Gravity Survey at Zoo Bay
- Date: 2026-02-24
- Type: exploration
- Summary: UraniumX announces plans for a comprehensive ground gravity survey at Zoo Bay, targeting structural controls on uranium mineralization across the 19,850-hectare property.
- URL: https://uraniumx.ca/news/2026-02-24-zoo-bay-gravity.html

### UraniumX Commences 9.2 Line-Kilometre Ground Geophysical Survey at Murphy Lake
- Date: 2026-02-17
- Type: exploration
- Summary: UraniumX initiates a Moving Loop Electromagnetic (MLEM) ground survey at the Murphy Lake flagship property, targeting conductive structures associated with uranium mineralization.
- URL: https://uraniumx.ca/news/2026-02-17-murphy-lake-geophysics.html

### UraniumX Commences 9.2 Line-Kilometre Ground Program at Murphy Lake
- Date: 2026-02-17
- Type: exploration
- Summary: UraniumX initiates a 9.2 line-kilometre Moving Loop Electromagnetic (MLEM) ground geophysical survey at the Murphy Lake flagship property, targeting conductive structures ahead of Spring 2026 drilling.
- URL: https://uraniumx.ca/news/2026-02-17-murphy-lake-ground-program.html

### UraniumX Upsizes LIFE Offering to C$4.31 Million
- Date: 2026-02-12
- Type: financing
- Summary: UraniumX upsizes its previously announced Listed Issuer Financing Exemption (LIFE) offering to C$4.31 million, issuing 21.55 million units at C$0.20 per unit to fund upcoming exploration programs.
- URL: https://uraniumx.ca/news/2026-02-12-life-upsizing.html

### UraniumX Closes $4.31M LIFE Offering
- Date: 2026-02-10
- Type: financing
- Summary: UraniumX closes a Listed Issuer Financing Exemption offering of 21.55 million units at C$0.20 per unit, raising $4.31 million to fund exploration programs.
- URL: https://uraniumx.ca/news/2026-02-10-life-offering.html

### UraniumX Appoints Vincent Martin as Strategic Advisor
- Date: 2026-01-15
- Type: corporate
- Summary: Former CEO of Orano Canada Inc. Vincent Martin joins UraniumX as Strategic Advisor, bringing 37 years of uranium exploration, development, and operations experience.
- URL: https://uraniumx.ca/news/2026-01-15-vincent-martin.html

### UraniumX Appoints Esen Boldkhuu as Chief Executive Officer
- Date: 2025-12-20
- Type: corporate
- Summary: UraniumX Discovery Corp. announces the appointment of Esen Boldkhuu as CEO to lead the Company's exploration strategy in the Athabasca Basin.
- URL: https://uraniumx.ca/news/2025-12-20-ceo-appointment.html

### Stearman Resources Rebrands as UraniumX Discovery Corp.
- Date: 2025-12-15
- Type: corporate
- Summary: The Company announces its rebranding from Stearman Resources Inc. to UraniumX Discovery Corp., reflecting its strategic focus on uranium exploration in the Athabasca Basin.
- URL: https://uraniumx.ca/news/2025-12-15-rebrand.html

### Stearman Resources Enters Option Agreement for Murphy Lake Uranium Property
- Date: 2025-09-10
- Type: corporate
- Summary: Stearman Resources (now UraniumX) enters an option agreement with F4 Uranium Corp to earn up to 70% of the Murphy Lake property in the northeast Athabasca Basin, located near IsoEnergy's Hurricane deposit.
- URL: https://uraniumx.ca/news/2025-09-10-murphy-lake-option.html

### Stearman Resources Acquires Zoo Bay Uranium Property -- 19,850 Hectares in NE Athabasca
- Date: 2025-08-20
- Type: corporate
- Summary: Stearman Resources (now UraniumX) acquires the 19,850-hectare Zoo Bay property comprising 15 mineral claims in the northeast Athabasca Basin, establishing the Company's largest land position.
- URL: https://uraniumx.ca/news/2025-08-20-zoo-bay-acquisition.html

### Stearman Resources Acquires NeoCore Uranium Property in Athabasca Basin
- Date: 2025-07-15
- Type: corporate
- Summary: Stearman Resources (now UraniumX) acquires the 13,012-hectare NeoCore uranium property in the eastern Athabasca Basin, adding a 100%-owned asset to its exploration portfolio.
- URL: https://uraniumx.ca/news/2025-07-15-neocore-acquisition.html

## Optional

- [JSON News Feed](https://uraniumx.ca/feed.json): Machine-readable news feed
- [Full context for LLMs](https://uraniumx.ca/llms-full.txt): Detailed version of this file