Business
Stearman Resources Provides Update on Name Change and Provides Corporate Update
VANCOUVER, BRITISH COLUMBIA – TheNewswire - September 24, 2025 – Stearman Resources Inc. (CSE:STMN) (“Stearman” or the “Company”) announces today that further t
About this update from Uraniumx Discovery Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA – TheNewswire - September 24, 2025 – Stearman Resources Inc. (CSE:STMN) (“Stearman” or the “Company”) announces today that further to its news release dated September 18, 2025, it will be changing its name from Stearman Resources Inc. to UraniumX Discovery Corp. effective Monday, September 29, 2025. The Company’s name change and corporate rebranding reflect a strategic evolution, emphasizing its dedicated focus on its three uranium exploration projects in Saskatchewan’s Northern Athabasca Basin. This transition reinforces the Company’s commitment to advancing its role in supporting global electrification initiatives. As part of this rebranding initiative, the Company will be launching a newly redesigned website (www.uraniumx.ca), providing stakeholders with an updated platform to access corporate information, project details, and the latest news. The enhanced site will reflect the Company’s new brand identity and commitment to transparency while offering improved user experience for investors, partners, and the broader public. The new CUSIP and ISIN number of the Company will be 91702X107 and CA91702X1078 respectively. Shareholders will not be required to exchange their current share certificates as a result of the name change. Lester Esteban, Chief Executive Officer, stated, “This rebranding represents a significant milestone in our evolution as we advance our NeoCore, Zoo Bay, and Murphy Lake uranium projects. Heading into Q4, we are eager to put boots on the ground at Zoo Bay and NeoCore and to commence drilling at Murphy Lake.” Company Warrant Exercise Raises $228,000 The Company is pleased to announce it has recently received CAD$228,000 from the exercise of 3,800,000 warrants exercised. Company Announces Marketing Activities The Company has engaged Momentum Public Relations Inc. (“Momentum”) and its principal, Max Gagne, pursuant to which Momentum will assist the Company with its strategic business development activities (the “Services”). The engagement of Momentum is for a six (6) month period commencing October 1, 2025. In consideration of the Services provided by Momentum, the Company has agreed to pay Momentum CAD$12,500 plus applicable taxes per month. In addition, Momentum will have the right to receive 500,000 stock options of the Company at an exercise price per share to be d...