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UraniumX Discovery Announces Option Agreement with Gold'n Futures
VANCOUVER, BC / ACCESS Newswire / May 12, 2026 / UraniumX Discovery Corp. (CSE:STMN) (OTCID:STMXF) (FSE:Q7S) (the "Company" or "UraniumX") announces that it has
About this update from Uraniumx Discovery Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / May 12, 2026 / UraniumX Discovery Corp. (CSE:STMN) (OTCID:STMXF) (FSE:Q7S) (the \"Company\" or \"UraniumX\") announces that it has entered into an option agreement (the \"Agreement\") dated May 11, 2026 with Gold'n Futures Mineral Corp. (CSE:FUTR) (\"Gold'n\") pursuant to which UraniumX (through its wholly owned subsidiary Neocore Uranium Ltd.) has granted Gold'n the exclusive right and option to acquire a 100% interest in the NeoCore Uranium Property (the \"Property\"), located in Saskatchewan's Athabasca Basin, subject to a 2.0% net smelter returns royalty retained by UraniumX. Under the terms of the Agreement, Gold'n may earn its interest over a 36-month period by issuing an aggregate of 12,000,000 common shares of Gold'n to UraniumX, making aggregate cash payments of $550,000, and incurring an aggregate of $2,750,000 in exploration expenditures on the Property. UraniumX will act as operator of the Property during the option period. Esen Boldkhuu, Chief Executive Officer of UraniumX, commented: \"This option agreement is consistent with our project generator approach to portfolio management, allowing the NeoCore property to be advanced by a dedicated counterparty while UraniumX retains an NSR royalty and exposure through Gold'n equity. It also allows the Company to remain focused on its flagship Murphy Lake Uranium Property.\" The NeoCore Uranium Property consists of six mineral claims covering approximately 13,012 hectares in the eastern Athabasca Basin, approximately 65 km southeast of McArthur River mine. The Property benefits from nearby infrastructure access including processing facilities, power, and all-season roads. UraniumX believes the option arrangement provides a path to advance the project while maintaining focus on its broader exploration strategy in the Athabasca Basin. No mineral resource has been defined on the Property. The parties are arm's length and no finder's fees are payable in connection with the transaction. Qualified Person and Technical Information The technical information in this news release has been reviewed and approved by Ken Wheatley, P.Geo., an independent consultant of the Company and a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. About UraniumX UraniumX Discovery Corp. is a Canadian based ju...