Uranium American Resources, Inc. · OTC:UARI
Uranium American Resources — Investor Presentation (September 2026)
29 slides from Uranium American Resources's investor presentation, September 2026
Slide 1: Uranium American Resources Corporate Presentation September 2026
SEPTEMBER 2026 92 23 U V URANIUM 238.029 50.942 URANIUM · VANADIUM AMERICAN RESOURCES INC Fueling America’s Uranium & Vanadium Supply for the AI-Driven Nuclear Era O T C M AR K E T S : U AR I CORPORAT E PRESENT ATION
Slide 2: Disclaimers
IMPORTANT NOTICE Disclaimers FORWARD-LOOKING STATEMENTS HISTORIC RESOURCE ESTIM ATES Forward-looking statements: The following is a presentation from Uranium American Resources, Inc. (the “Company”). Historic Resource Estimates and related statements: The following presentation from Uranium American
Slide 3: Transaction Overview
CORPORATE UPDATE Transaction Overview Acquisition of a large, diversified US-focused uranium company Acquisition of 100% of the issued shares of JAG Minerals Pty Ltd, which holds 100% of JAG Minerals USA Inc. Accelerates development and exploration of the Stateline Project — nineteen (19) historic h
Slide 4: The uranium market
01 The uranium market SECTION IN THIS SECTION Uranium overview Market update AI is becoming nuclear's biggest new customer Hyperscalers have contracted 10 GW+ of US nuclear supply Small modular reactors Vanadium URANIUM AMERICAN RESOURCES CORPORATE PRESENTATION · SEPTEMBER 2026 · OTC: UARI 4
Slide 5: Uranium Overview
MARKET CONTEXT Uranium Overview 1 2 3 4 5 Uranium for Zero- USA Uranium Market Global Supply & Impact of Geopolitical Future Outlook Emission Electricity Demand Events Nuclear energy provides a The USA generates over 30% Kazakhstan produced 45% of Kazakhstan supplies ~46% of ~60 reactors are under c
Slide 6: Positive Market Outlook for Uranium
MARKET UPDATE Positive Market Outlook for Uranium $89.25 +68.2% 4 28 GW+ per lb — Jan 2026 price, uranium miners (URNMX) nuclear-focused US announced nuclear capacity highest in 20 months since April 2025 lows executive orders, May 2025 tied to AI & digital infra Further supportive U.S. policy devel
Slide 7: AI Is Becoming Nuclear's Biggest New Customer
THE AI ANGLE AI Is Becoming Nuclear's Biggest New Customer Hyperscale data centers need firm, 24/7, carbon-free power — and nuclear is the only source that delivers it at scale. Every new reactor needs uranium fuel. 31 → 66 GW 85–90 GW 9.8 GW+ 204M lbs US data-center power demand, 2025 to of new nuc
Slide 8: Hyperscalers have contracted GW+ of US nuclear supply
THE AI ANGLE Hyperscalers have contracted 10 GW+ of US nuclear supply Signed, disclosed agreements between US technology companies and nuclear operators, 2024 to 2026. Each restart, life extension and new build is incremental demand for uranium fuel. 20-year PPA to restart Crane Clean Energy Center
Slide 9: Small Modular Reactors (SMRs)
TECHNOLOGY TREND Small Modular Reactors (SMRs) GLOBAL DEVELOPMENTS ADVANTAGES FUTURE PROSPECTS Poland Low CAPEX Renewables Integration Approved 24 new SMRs to diversify energy sources and cut Lower capital investment vs. traditional large reactors. SMRs complement renewables by providing reliable ba
Slide 10: Vanadium Market Dynamics
MARKET CONTEXT Vanadium Market Dynamics VANADIUM USES & MARKET DYNAMICS MARKET TRENDS & PRICES Vanadium is a critical element used in high-strength steel, aerospace, and grid-scale batteries. The IMF projects vanadium demand will grow $14.14/lb more than 8x current demand by 2050. US ferrovanadium,
Slide 11: The projects
02 The projects SECTION IN THIS SECTION Portfolio overview Stateline, Colorado and Utah Sky, Utah Marysvale, Utah Supply security and jurisdiction URANIUM AMERICAN RESOURCES CORPORATE PRESENTATION · SEPTEMBER 2026 · OTC: UARI 11
Slide 12: Portfolio
ASSETS Portfolio Three unique, low-risk projects in west-central USA with historic Uranium & Vanadium production, close to significant mines and operating plants. Highly prospective geology confirmed by historical mining activity and comprehensive existing datasets. JAG acquired the land during the
Slide 13: Stateline Project — Overview
PROJECT SPOTLIGHT Stateline Project — Overview OVERVIEW Covering 2.75 mi² (7.12 km²) across seven strategic areas in the highly prospective La Sal Creek District, located approximately 11.8 mi (19 km) from the La Sal Complex operated by Energy Fuels Inc. Stateline is the most advanced of the three p
Slide 14: Stateline — Historic Production & Geology
PROJECT SPOTLIGHT Stateline — Historic Production & Geology >19 historic uranium mines¹, producing vanadium (V₂O₅) with vanadium content ranging 1–3% (avg. ~1.5%) — well above most North American V₂O₅ plays (avg. 0.5–0.8%).² Selected mines below: MINE TONS U3O8% V2O5% Uranium Girl 2,211 0.38 1.79 Th
Slide 15: Sky Project — Overview
PROJECT SPOTLIGHT Sky Project — Overview OVERVIEW The property is in Fremont County, Wyoming, 34 miles south-east of the historic Gas Hills Uranium District. HIGHLIGHTS 161 historical reverse-circulation (RC) drill holes defining the exploration trend at an average spacing of 200 ft. 43-101 complian
Slide 16: Sky — Historic Resource & Geology
PROJECT SPOTLIGHT Sky — Historic Resource & Geology The greater Sky Property was extensively drilled from the late 1960s through the early 1980s — 161 RC holes across two campaigns totaling ~129,000 ft, defining the exploration trend at an average spacing of 200 ft. A historic resource estimate was
Slide 17: Marysvale Project — Overview
PROJECT SPOTLIGHT Marysvale Project — Overview OVERVIEW The property lies adjacent to the Central Mining Area, where an estimated 1.39M lb of U3O8 at 0.22% was produced from 10+ mines between 1949 and 1966.¹ Uranium American Resources Inc. has leased 20 unpatented mining claims and one State Lease.
Slide 18: Marysvale — Historic Resource & Geology
PROJECT SPOTLIGHT Marysvale — Historic Resource & Geology Historic estimate of 2.9M lbs U3O8 within 300–500 ft of the surface.¹ The report further states “additional potential U3O8 ore exists on the Marysvale property which could double or triple the reserves of the district.” 127 historical drillho
Slide 19: A Jurisdiction of Increasing Importance
SUPPLY SECURITY A Jurisdiction of Increasing Importance Global focus on the strategic importance of uranium supply is intensifying — and with it, the value of stable, US-based production. M AY 2024 JUN 2024 JUL 2024 US bans Russian uranium imports Niger cancels Orano's licence Niger revokes GoviEx l
Slide 20: Management and board
03 Management and board SECTION IN THIS SECTION Management team Board of directors URANIUM AMERICAN RESOURCES CORPORATE PRESENTATION · SEPTEMBER 2026 · OTC: UARI 20
Slide 21: Management and Board
LEADERSHIP Management and Board An experienced board and management team with a proven track record in mining development, geology and capital markets. BOARD OF DIRECTORS MANAGEMENT & TECHNICAL TEAM William Hunter Executive Chairman & CEO Cassie Cardoso CFO Involved in $20B+ of transactions across n
Slide 22: Financing and work programme
04 Financing and work programme SECTION IN THIS SECTION Next steps Timeline Sources and uses of funds Capital structure Corporate path forward URANIUM AMERICAN RESOURCES CORPORATE PRESENTATION · SEPTEMBER 2026 · OTC: UARI 22
Slide 23: Next Steps
ROADMAP Next Steps Uranium American Resources seeks to accelerate development of key projects — focused on hard-rock and roll-front deposits across the Western United States. Stateline Project Sky Project Marysvale Project La Sal Creek District, Colorado/Utah Wyoming roll front Utah hard rock Progre
Slide 24: Timeline
ROADMAP Timeline Uranium American Resources seeks to accelerate development of key projects. Q3 26 Q4 26 Q1 27 Q2 27 Q3 27 Q4 27 Q1 28 Q2 28 Q3 28 Environmental Studies Mining Lease Application STATELINE Prefeasibility Study Adit Access / Tech Agreement Drilling SKY Resource Report Environmental Stu
Slide 25: Sources and Uses of Funds
FINANCIALS Sources and Uses of Funds SOURCES OF FUNDS USES OF FUNDS Item $M Item $M Equity offering at $0.06/share 4.0 Cash portion of purchase price 2.0 Company cash 0.3 Equity to JAG shareholders 6.5 Pre-pay and strategic capital 2.0 Drilling at Stateline 2.0 Equity consideration at $0.04 6.5 Dril
Slide 26: Capital Structure
FINANCIALS Capital Structure PRE & POST TRANSACTION Expected Capital Structure (June 30, 2025) Shares (M) Existing shares outstanding 577.1 924.3M Directors shares for past fees 10.0 total shares on issue post-transaction Total of CLN 5 and $0.02 raise 41.0 Shares for existing warrants 0.3 Significa
Slide 27: Corporate Path Forward
CORPORATE UPDATE Corporate Path Forward POST-ACQUISITION STRATEGIC MILESTONES 1 2 3 4 Reverse Stock Split Engagement of Accounting Audit of 2023–2024 Uplisting to OTCQB Market Experts Financials A 1:15 reverse stock split will increase Top-tier accounting professionals are A comprehensive audit of 2
Slide 28: Conclusion
INVESTMENT THESIS Conclusion The JAG Minerals acquisition, completed April 2026, gives shareholders exposure to three historically producing US uranium-vanadium districts at a time when US nuclear demand is being contracted by the most creditworthy buyers in the market. 1 2 US jurisdiction. All prop
Slide 29: Contact
92 23 U V URANIUM 238.029 50.942 AMERICAN RESOURCES INC O T C M AR K E T S : U AR I CONTACT William Hunter, CEO bhunter@uraniumamericanresources.com URANIUM AMERICAN RESOURCES · CORPORATE PRESENTATION · SEPTEMBER 2026 · OTC: UARI
Uranium American Resources — Investor Presentation (September 2026) on 6ix