Ms. Janet Lee-Sheriff reports
VERDERA ENERGY CLOSES SALE OF TREELINE URANIUM PROJECT, NEW MEXICO
Further to the news release dated Sept. 2, 2026, Verdera Energy Corp. has completed the sale of a 100-per-cent interest in the Treeline uranium project located in Cibola and McKinley counties, New Mexico, to Americas Uranium Corp., pursuant to the previously announced mineral property purchase and sale agreement. The transaction closed on Sept. 24, 2026.
Transaction highlights:
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$100,000 (U.S.) in cash received on closing;
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701,754 common shares of Americas Uranium received on closing at a deemed price of 28.5 cents per share ($200,000), subject to a statutory hold period of four months and one day from the closing date;
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A further $1.8-million in Americas Uranium common shares issuable to Verdera in staged tranches over the 36 months following the closing date, for total share consideration of $2-million;
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Verdera retains a 1.5-per-cent net proceeds royalty on uranium and a 1.5-per-cent net smelter return royalty on other minerals produced from the Treeline project. Americas Uranium may reduce the vendor royalty to 1.0 per cent at any time by paying Verdera $400,000.
Janet Lee-Sheriff, chief executive officer of Verdera, commented:
"Closing the Treeline sale shows the value embedded in our New Mexico database beyond our core properties. We have turned a non-core exploration asset into cash, an equity position in an active explorer and a retained royalty, which keeps Verdera shareholders exposed to any success at Treeline at no further cost to the company. It also allows our team and our capital to stay focused on advancing our four large-scale ISR uranium properties."
About Verdera Energy Corp.
Verdera is focused on the development of in situ recovery uranium assets in New Mexico. With the largest land position in a prolific uranium district and the largest uranium endowment among United States-focused public uranium exploration companies, Verdera is working to meet the growing demand for clean, reliable domestic uranium. Led by a team with extensive experience in the uranium and natural resource sector, Verdera holds private mineral rights spanning approximately 400 square miles, 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.
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