Mr. Nicholas Luksha reports

AMERICAS URANIUM CORP. ACQUIRES 100% INTEREST IN TREELINE URANIUM PROJECT, LOCATED IN NEW MEXICO, USA

Further to the news release dated Sept. 2, 2026, Americas Uranium Corp. has completed the acquisition of a 100-per-cent interest in the Treeline uranium property located in Cibola and McKinley counties, New Mexico, United States, pursuant to the previously announced mineral property purchase agreement with Verdera Energy Corp. and Verdera's wholly owned subsidiary, NM Energy Holding Corp. The acquisition was completed through the company's newly incorporated wholly owned Nevada subsidiary, Nuca Energy Corp. The company's obligations under the purchase agreement continue following closing, including its obligation to issue the remaining $1.8-million in common shares of the company to Verdera in staged issuances over the 36 months following closing.

Nicholas Luksha, president and chief executive officer of the company, commented: "Closing the Treeline acquisition marks an important milestone for Americas Uranium and gives us the opportunity to move from reviewing the historical work to actively advancing exploration on the property. The Treeline property has multiple areas that warrant further evaluation, and our immediate priority is to bring that information together into a modern geological framework that can guide our next phase of exploration."

As part of the acquisition, the company has also received a right of first refusal over certain additional property interests in the surrounding area should Verdera seek to sell or transfer those interests.

Acquisition details

In connection with closing of the acquisition, the company paid Verdera $100,000 (U.S.) in cash and issued 701,754 shares at a deemed price of 28.5 cents per share, representing $200,000 of the $2-million aggregate share consideration payable under the purchase agreement. The shares issued on closing are subject to a hold period of four months and one day from the date of closing. The remaining $1.8-million of share consideration remains payable by the company through staged issuances as follows.

Pursuant to the purchase agreement, the company granted Verdera an aggregate 1.5-per-cent royalty, with the company having the right but not the obligation, to purchase one-third of the vendor royalty at any time following the closing date for a one-time payment of $400,000. The property is also subject to an existing 2-per-cent net proceeds royalty on uranium and 2-per-cent net smelter return royalty on other minerals pursuant to a May 15, 2025, royalty deed between Verdera and EnCore Energy Corp.

About Americas Uranium Corp.

Americas Uranium is a uranium exploration company focused on the acquisition, exploration and advancement of uranium projects in the Americas, with an emphasis on assets positioned to contribute to the growing need for secure North American uranium supply. The company's common shares trade in Canada under the symbol NUCA, in the United States under the symbol ASRFF and in Germany under the symbol WA7.

We seek Safe Harbor.