13:56:01 EST Fri 30 Jan 2026
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New Earth Resources Corp
Symbol EATH
Shares Issued 27,393,112
Close 2026-01-29 C$ 1.56
Market Cap C$ 42,733,255
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New Earth comments on DOE nuclear campus initiative

2026-01-30 11:40 ET - News Release

Mr. Lawrence Hay reports

NEW EARTH RESOURCES APPLAUDS U.S. DEPARTMENT OF ENERGY NUCLEAR LIFECYCLE INNOVATION CAMPUS INITIATIVE

New Earth Resources Corp. has acknowledged and applauded the recent announcement by the U.S. Department of Energy (DOE) regarding the issuance of a request for information (RFI) inviting U.S. states to express interest in hosting nuclear life cycle innovation campuses.

According to the DOE, the RFI represents an initial step toward the potential establishment of voluntary federal-state partnerships intended to modernize the full nuclear fuel cycle, support advanced nuclear energy deployment and strengthen United States leadership in nuclear energy. The DOE has stated that the proposed innovation campuses could support activities across the nuclear fuel life cycle, including fuel fabrication, enrichment, reprocessing of used nuclear fuel and waste disposition. Depending on state priorities and regional capabilities, the campuses could also support advanced reactor deployment, power generation, advanced manufacturing and co-located infrastructure.

The DOE has indicated that the RFI is intended to invite states to provide statements of interest and feedback regarding the structure of the innovation campuses, including state priorities such as work force development, infrastructure investment, economic diversification and technology leadership, as well as potential funding structures, risk-sharing approaches, incentives and federal partnerships. Responses to the RFI are requested by April 1, 2026.

"The DOE has described this RFI as an information-gathering step focused on understanding state interest and regional priorities related to the nuclear fuel cycle and advanced nuclear energy," said Lawrence Hay, chief executive officer of New Earth Resources. "We view announcements of this nature as an encouraging part of the broader policy framework shaping long-term discussions around nuclear energy infrastructure and supply chains."

New Earth is not a participant in the DOE RFI process and has not submitted, nor does it currently intend to submit, a response to the RFI. The company is not affiliated with the DOE initiative and makes no representations regarding the potential outcomes of the RFI or any future programs that may result.

The company will continue to monitor public policy and regulatory developments relevant to the nuclear energy and critical materials sectors as part of its continuing corporate review process.

Other corporate developments

The company has engaged Investor Insights Systems Inc. for a term of three months commencing Feb. 2, 2026, to provide digital marketing services, including digital content creation, distribution, search engine marketing (SEM), pay-per-click (PPC) advertising and market awareness campaigns. Investor Insights will receive a total fee of $250,000 (U.S.) (approximately $337,000) plus GST, payable upfront, in consideration for services to be provided through the term of the engagement. To the company's knowledge, neither Investor Insights nor its principals have any further interest, directly or indirectly, in the securities of the company. The company is at arm's length from Investor Insights. Services provided by Investor Insights will be overseen by Mac Foster, who can be reached at 179 Shaw St., Toronto, Ont., Canada, telephone: 647-302-3382, e-mail: mac@investorinsightssystems.com.

Pursuant to the agreement with Investor Insights, the company will compensate Investor Insights $250,000 (U.S.), with the option, at the company's sole discretion, to extend services and increase the budget up to an additional $250,000 (U.S.) if the company has appropriate funding. The agreement will expire at the end of the three-month term or when the marketing budget is fully expended, whichever occurs first. No securities of the company will be issued to Investor Insights as consideration for the services.

About New Earth Resources Corp.

New Earth Resources is a Canadian-based mineral exploration company acquiring and developing advanced and early stage exploration projects. Its flagship project is its 100-per-cent-owned, past-producing Lucky Boy uranium property located in Gila county, Arizona, United States. Consisting of 14 Lode claims, and spanning approximately 273 acres, the Lucky Boy project covers a small open pit and underground workings that produced uranium in the 1950s, and again in the 1970s. In addition to Lucky Boy, included in the company's uranium portfolio are three claims located in Saskatchewan, Canada covering 365 hectares.

The company also has the option to acquire a 100-per-cent interest in 23 claims covering approximately 1,102 hectares in the Strange Lake area of Quebec, Canada, known as the SL project, which is prospective for rare-earth elements. In addition, the company has the option to acquire a 100-per-cent interest in the Red Wine rare-earth project, comprising two non-contiguous mineral claims located in Labrador, Canada, covering approximately 1,575 hectares.

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