UraniumX Upsizes LIFE Offering to $4.31 Million Due to Strong Investor Demand

VANCOUVER, British Columbia — February 13, 2026 — Leads & Copy —

UraniumX Discovery Corp. (CSE: STMN) announced it has increased its previously announced listed issuer financing exemption offering (LIFE Offering) due to strong investor demand. The offering, initially announced on January 22, 2026, was first upsized on February 10, 2026.

The LIFE Offering was increased to 21,550,000 units at a price of $0.20 per unit, aiming to raise aggregate gross proceeds of up to $4,310,000. The initial offering on February 10, 2026, was for 20,000,000 units, targeting gross proceeds of up to $4,000,000.

Each unit comprises one common share of the company and one common share purchase warrant. The warrant allows the holder to buy one additional common share at $0.30 per share, starting 60 days after the LIFE Offering closes, and is valid for 36 months from the issuance date. All other terms of the LIFE Offering remain the same.

The LIFE Offering, conducted under Part 5A of National Instrument 45-106 – Prospectus Exemptions, is available to purchasers in Canada, excluding Québec. Securities issued under this offering will not be subject to a statutory hold period, according to Canadian securities laws. An updated offering document is available on SEDAR+ and the company's website.

The upsized LIFE Offering still needs approval from the Canadian Securities Exchange and other regulatory bodies. It is expected to close on February 13, 2026, or another date determined by the company.

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

UraniumX also announced a flow-through offering of 4,444,444 flow-through common shares at $0.225 per share, aiming to raise up to $1,000,000. Finders fees may be paid in connection with the FT Offering.

The gross proceeds from the flow-through shares will be used for eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” under the Income Tax Act (Canada). These expenditures will be related to the company’s projects in Canada. All securities issued under the FT Offering will be subject to a four-month and one-day hold period, as required by securities legislation.

UraniumX Discovery Corp. is focused on uranium discovery in Canada's Saskatchewan Athabasca Basin. Its assets are located on the eastern margin of the Athabasca Basin, which hosts 10 of the world's top 15 highest-grade uranium deposits.

The Murphy Lake Uranium Property is the company's flagship project, where UraniumX can earn up to 70% through an option with F4 Uranium. The property is near the Wollaston Domain and features conductors, alteration, and drilling that intercepted anomalous radioactivity near the Basin's unconformity in 2022.

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

UraniumX also holds a 100% interest in the NeoCore Uranium Property (6 claims; 13,012 ha), 65 km southeast of McArthur River Mine.

Exploration programs include geophysics, drilling, and research with the University of Saskatchewan using quartz-degradation analytics for target selection.

Esen Boldkhuu is the CEO of UraniumX Discovery Corp.

Source: UraniumX Discovery Corp.