UraniumX Discovery Corp. Closes Oversubscribed Financing

VANCOUVER, British Columbia — February 14, 2026 — Leads & Copy — UraniumX Discovery Corp. (CSE:STMN) has closed its oversubscribed listed issuer financing exemption offering (LIFE Offering), the company said.

The offering was previously announced Jan. 22, 2026, Feb. 10, 2026, and Feb. 12, 2026.

The LIFE Offering saw the company issue 21,550,000 units at a price of $0.20 per unit, for gross proceeds of $4,310,000, according to the company.

Each unit consists of one common share of the company and one common share purchase warrant. Each warrant allows the holder to acquire one additional common share at a price of $0.30 per share for 36 months from the date of issuance, and is exercisable 60 days after the closing of the LIFE Offering.

The LIFE Offering was conducted under Part 5A of National Instrument 45-106 and was available to purchasers resident in Canada, excluding Québec. Securities issued under the LIFE Offering are not subject to a statutory hold period, according to applicable Canadian securities laws.

UraniumX will use the net proceeds for general working capital and corporate purposes, including exploration and development activities on the company’s Murphy Lake, Zoo Bay, and NeoCore uranium properties in Saskatchewan’s Athabasca Basin.

The company paid $161,140.00 in cash finder’s fees to arm's length finders in connection with the LIFE Offering.

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

The Murphy Lake Uranium Property is the company's flagship asset, where UraniumX is earning up to 70% through an option with F4 Uranium. The company also owns 100% of the Zoo Bay Uranium Project (15 claims; 19,850 ha) and holds a 100% interest in the NeoCore Uranium Property (6 claims; 13,012 ha).

Esen Boldkhuu, Chief Executive Officer of UraniumX, said that the financing represents a significant milestone for UraniumX. Boldkhuu added that the strength of investor participation reflects growing confidence in their Athabasca Basin portfolio and technical approach and that with a strengthened treasury, they are positioned to execute their 2026 exploration strategy and capitalize on the constructive fundamentals across the uranium sector.

Exploration programs incorporate geophysics, drilling, and a research collaboration with University of Saskatchewan.

Source: UraniumX Discovery Corp.