Ms. Janet Lee-Sheriff reports

VERDERA ENERGY COMMENCES NI 43-101 TECHNICAL REPORT FOR THE WEST LARGO PROJECT; HOSTS TOWN HALL CONFERENCE CALL

Verdera Energy Corp. has commenced the preparation of an independent National Instrument 43-101 technical report for its 100-per-cent-owned West Largo project, an advanced uranium property with a historic mineral resource, located in New Mexico. Verdera's management team will also host a virtual town hall meeting, providing a corporate update, on Monday, June 1, 2026, at 11 a.m. ET.

Janet Lee-Sheriff, chief executive officer, stated: "Following internal review of our proprietary data for West Largo, we believe the information supports the need for initial modernized assessment of the high-grade in situ recovery (ISR) amenable West Largo project. Verdera is also undertaking a drilling program at the West Largo project focused on the periphery of the historically mineralized area."

Verdera has engaged Western Water Consultants Inc., an independent hydrogeological and civil engineering firm, to conduct the initial NI 43-101 technical report, with anticipated completion in Q4 2026. The West Largo NI 43-101 technical report is planned to verify and update the historic resource estimates with modern standards and cut-off grades. Historical cut-off grades were significantly higher than modern cut-offs; using a lower cut-off should increase the total pounds of uranium while reducing the overall grade. The results of using a lower modern cut-off grade should provide additional drill targets in the lower-grade envelopes designed to expand the area of mineralization through additional drilling. The NI 43-101 technical report will be prepared in accordance with applicable NI 43-101, Standards of Disclosure for Mineral Projects.

In parallel, the company is undertaking a permit application for a drill program at the West Largo project targeting peripheral uranium mineralization adjacent to higher-grade historical intercepts. This program is planned to not only confirm historical data but also expand uranium mineralization beyond the limits of the historical estimates.

About the West Largo project

The West Largo project is one of the highest-grade in situ recovery (ISR) amenable projects in the United States, with historical resources at an average grade of 0.3 per cent U3O8 (triuranium octoxide), which substantially exceeds the typical ISR deposit grade between 0.05 per cent and 0.15 per cent U3O8. The West Largo project consists of approximately 3,840 acres in McKinley county, New Mexico. The majority of the property is held through deeded mineral rights and also includes 75 unpatented lode claims. Gulf Minerals discovered uranium mineralization in the area in 1968. Subsequent drilling by major mining companies, including Gulf, Kerr McGee, Pathfinder and Santa Fe Minerals, delineated the deposit on the West Largo properties in the 1970s and 1980s.

Mark Pelizza, MSc, CPG, a director and qualified person under NI 43-101, has reviewed and approved the technical disclosure in this news release on behalf of the company.

About Verdera Energy Corp.

Verdera Energy is focused on the development of in situ recovery (ISR) uranium assets in New Mexico. Led by a team with extensive experience in the uranium and natural resources sector, Verdera is working to meet the growing demand for clean, reliable domestic uranium in the United States. Verdera holds private mineral rights spanning approximately 400 square miles and 88 million pounds of known and historic resources and a significant proprietary uranium database. New Mexico, with expansive uranium resources, is positioned as a critical district in the U.S. domestic nuclear renaissance, driven by efforts to reduce reliance on foreign imports. Verdera is committed to fostering strong community relations and strives to work closely with local communities.

We seek Safe Harbor.