Mr. Jean-Francois Meilleur reports

XCITE URANIUM ENGAGES WESTMOUNT CAPITAL TO PROVIDE EUROPEAN IR SERVICES

Xcite Uranium Inc. has executed a consulting agreement with Westmount Capital dated as of the date hereof. Under the agreement, Westmount Capital will provide the company with European investor relations services, including exposure and introductions to European investors, family offices, institutional brokers, analysts and institutional fund managers, and companies and entrepreneurs investing in the mining sector in general across Europe.

The initial term of the agreement will run from June 4, 2026, to Aug. 31, 2027. The agreement will automatically renew for a subsequent 12-month term unless either party provides notice of termination at least three months before such renewal. As compensation for the services, the company will pay Westmount Capital 6,000 Swiss francs (approximately $10,550) per month under the agreement. The company has also issued 400,000 stock options to Robert Seguin (Westmount Capital's principal), with 100,000 options vesting three months after issuance and an additional 100,000 options vesting each three months thereafter, each option exercisable for one common share of the company at an exercise price of 19 cents for a period of two years.

Westmount Capital is a Switzerland-based investor relations and capital market advisory firm specializing in connecting growth-oriented public companies with European investors. Leveraging its extensive network of institutional and private investors across Europe, Westmount Capital provides strategic investor outreach, market awareness programs and corporate communications services designed to enhance visibility, strengthen shareholder engagement and support long-term value creation. To the company's knowledge, neither Westmount Capital nor its principal holds any securities of the company other than the stock options issued under the agreement.

About Xcite Uranium Inc.

Xcite Uranium is an early-stage exploration company working to become a leader in the discovery and development of energy transition metals. The uranium project portfolio in the Athabasca basin will propel the company's efforts to achieve a high-grade discovery based on new geological modelling and an exploration thesis in a past-producing uranium camp dormant for 40 years. The Uranium City project portfolio constitutes the Don Lake, Beaver River, Smitty, Lorado, Gulch and Black Bay properties.

We seek Safe Harbor.