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URANIUMX DISCOVERY CORP. ANNOUNCES NON-BROKERED LIFE OFFERING

VANCOUVER, BRITISH COLUMBIA – January 22, 2026 – UraniumX Discovery Corp. (CSE: STMN) is pleased to announce a non-brokered private placement of up to 7,500,000 units of the Company at a price of $0.20 per unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company to be issued pursuant to Part 5A (the Listed Issuer Financing Exemption) of National Instrument 45-106 – Prospectus Exemptions, and one common share purchase warrant of the Company.

Each Warrant will entitle the holder to acquire one common share at a price of $0.30 per warrant share for a period of 36 months from the date of issuance. The Warrants will be exercisable 60 days following the closing date of the Offering.

Use of Proceeds

The Company intends to use the net proceeds raised from the Offering for general working capital and corporate purposes, including transaction costs, and amounts allocated for future exploration and development activities on its Murphy Lake Property, Zoo Bay Property, and Neocore Property.

Offering Details

Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106 and the policies of the Canadian Securities Exchange (CSE), the Units will be offered for sale to purchasers resident in Canada, other than Quebec, pursuant to the Listed Issuer Financing Exemption and will not be subject to resale restrictions in accordance with applicable Canadian securities laws.

The offering document dated January 22, 2026, can be accessed under the Company's profile at www.sedarplus.com and at www.uraniumx.com. Prospective investors should read the offering document before making an investment decision.

The closing of the Offering will take place on or before February 13, 2026. Closing is subject to certain conditions including receipt of all necessary regulatory and exchange approvals.

The securities 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 unless registered or an exemption from such registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy.

Finder's fees may be payable in connection with the Offering to eligible finders in accordance with the policies of the CSE.

About UraniumX Discovery Corp.

UraniumX Discovery Corp. is a Canadian-based junior mineral exploration company singularly focused on advancing uranium discovery in Canada's Saskatchewan Athabasca Basin. Its core assets sit on the eastern margin of the Athabasca Basin, a premier global district known for hosting 10 of the world's top 15 highest-grade uranium deposits.

Murphy Lake Uranium Property is the Company's flagship, where UraniumX is earning up to 70% through an option with F4 Uranium. Adjacent to the world-class Wollaston Domain, the property benefits from conductors, strong alteration, and proven 2022 drilling that intercepted anomalous radioactivity near the Basin's unconformity.

The Company owns 100% of the Zoo Bay Uranium Project (15 claims; 19,850 hectares), positioned near structural and magnetic features historically linked to uranium-thorium occurrences and conductivity corridors near Newnham Lake and neighbouring claims.

UraniumX holds a 100% interest in the NeoCore Uranium Property (6 claims; 13,012 hectares), located 65 km southeast of McArthur River Mine, within a stable, high-grade mining district supported by mills, power, all-season roads, and established exploration infrastructure.

Exploration programs incorporate geophysics, drilling, and a research collaboration with University of Saskatchewan leveraging quartz-degradation analytics to sharpen target selection.

Contact Information

UraniumX Discovery Corp.
Esen Boldkhuu, CEO
Email: info@uraniumx.ca
Telephone: (604) 377-8994
Website: www.uraniumx.ca

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