Slide 1: All uranium. All Canada.
All uranium. All Canada. H I S TO R I CA L S CA L E CATA LY S T PA R T N E R T E R M S 24.4 M lb Historical estimate at Dieter Lake, 2006 · not a 4,092 m Nine holes drilled at Murphy Lake in 2026 · C$7.25 M C$4.5M committed exploration at Zoo Bay · up to current mineral resource assays pending C$2.7
Slide 2: Forward-looking information
Forward-looking information Read before the rest of this presentation. CSE: STMN · OTCQB: STMXF · FSE: Q7S This presentation is for your information and may not be reproduced, further advancement of the Dieter Lake project, acquired from Consolidated Uranium distributed to any other person or publis
Slide 3: The uranium market needs new primary supply
The uranium market needs new primary supply Requirements rise toward ~130,000 tU as existing mines decline. CSE: STMN · OTCQB: STMXF · FSE: Q7S C U R R E N T S U P P LY One scale: reactor requirements over the WNA mine-production scenario FUTURE DEMAND ~130,000 tU WNA REFERENCE SCENARIO · tU PER YEA
Slide 4: Why UraniumX, why now
Why UraniumX, why now One flagship assay catalyst. One historical-scale asset. Two partner-funded paths to value. CSE: STMN · OTCQB: STMXF · FSE: Q7S CATALYST · MURPHY LAKE SCALE · DIETER LAKE LEVERAGE · ZOO BAY OPTIONALITY · NEOCORE Flagship assays Historical scale, 100% C$4.5M committed Up to C$2.
Slide 5: Four value paths with different capital demands
Four value paths with different capital demands UraniumX funds Murphy; Dieter adds 100%-owned historical scale; Zoo Bay and NeoCore provide partner leverage. CSE: STMN · OTCQB: STMXF · FSE: Q7S Murphy Lake Company-funded catalyst. Earning up to 70%; F4 operates. Nine holes and 4,092 m 609 HA · compl
Slide 6: Murphy Lake: km from Hurricane in an active exploration corridor
Murphy Lake: 5 km from Hurricane in an active exploration corridor Conductors mapped across the property. Nine holes complete. Assays pending. CSE: STMN · OTCQB: STMXF · FSE: Q7S Why Murphy matters NEAR-TERM CATALYST STRATEGIC GROUND Company-funded MLEM ground survey, then 609 ha, one block, held by
Slide 7: Murphy Lake: assays are the catalyst
Murphy Lake: assays are the catalyst Nine holes. 4,092 m. Six target areas. Assays pending. CSE: STMN · OTCQB: STMXF · FSE: Q7S 9 2 4,092 5/6 HOLES TRENDS METRES TARGET AREAS ANOMALOUS Six of nine holes returned elevated radioactivity; five of six target areas anomalous. ML26-015: visually identifie
Slide 8: Dieter Lake: 100% Owned. 24.4 M lb Historical Estimate.
Dieter Lake: 100% Owned. 24.4 M lb Historical Estimate.1 A large, wholly owned Quebec uranium asset with historical scale already defined. CSE: STMN · OTCQB: STMXF · FSE: Q7S DIRECT OWNERSHIP 100% Owned 8,106 ha in one contiguous claim block in north-central Quebec. 2006 HISTORICAL ESTIMATE · NOT CU
Slide 9: Dieter Lake: Historical Scale With Room to Grow
Dieter Lake: Historical Scale With Room to Grow Approximately 6 km across four historical zones, open southwest, with most of the property seeing little or no modern drilling. CSE: STMN · OTCQB: STMXF · FSE: Q7S TONNAGE 19.3 Mt ~6 km Four Historical Zones Open Southwest GRADE 0.057% U3O8 average CON
Slide 10: Partner capital advances the portfolio
Partner capital advances the portfolio UraniumX concentrates capital at Murphy while retaining shares, cash, royalties and exploration optionality. CSE: STMN · OTCQB: STMXF · FSE: Q7S Zoo Bay CLOSING PENDING 19,850 HA · SALE TO POND SIGNED 17.0M C$350K C$4.5M 2.0% Post-consolidation Pond shares Cash
Slide 11: Four counterparties. Four distinct sources of leverage
Four counterparties. Four distinct sources of leverage Strategic ownership, an operating partner and two agreements that preserve exposure beyond direct company spending. CSE: STMN · OTCQB: STMXF · FSE: Q7S GOLD’N FUTURES MINERAL CORP. VENDOR · STRATEGIC SHAREHOLDER OPERATOR · OPTIONOR ACQUIRER OPTI
Slide 12: Capital structure and the valuation setup
Capital structure and the valuation setup C$10.1M market capitalization. 118.5M shares. No long-term debt. CSE: STMN · OTCQB: STMXF · FSE: Q7S +42% C$0.29 C$10.1M C$0.085 Trading history · CSE: STMN 27 August 2025 to 27 August 2026 Twelve-month change January closing high Market capitalization · 27
Slide 13: Execution leadership with independent technical review
Execution leadership with independent technical review Company building, operating execution, discovery experience and academic technical depth. CSE: STMN · OTCQB: STMXF · FSE: Q7S Esen Boldkhuu Kirby Renton Ken Wheatley, P.Geo. CHIEF EXECUTIVE OFFICER PRESIDENT AND COO · DIRECTOR CHIEF GEOLOGIST Fo
Slide 14: Nine months of execution. The catalysts remain ahead.
Nine months of execution. The catalysts remain ahead. Rebranded, financed, surveyed, drilled and expanded the portfolio in nine months. CSE: STMN · OTCQB: STMXF · FSE: Q7S 15 Dec 2025 14 Jan 2026 13 Feb 2026 17 Apr 2026 5 May 2026 2 Jun 2026 7 Jul 2026 19 Aug 2026 Rebrand. Stearman Vincent Martin, C
Slide 15: The evidence that matters next
The evidence that matters next Assays, technical verification and partner execution will test the investment thesis. CSE: STMN · OTCQB: STMXF · FSE: Q7S P R I M A RY CATA LY S T Dieter Lake verification Dahrouge Geological Consulting is preparing an updated technical report. The historical estimate
Slide 16: Notes and cautionary statements
Notes and cautionary statements Read these with the numbers. CSE: STMN · OTCQB: STMXF · FSE: Q7S Dieter Lake historical estimate. 19.3 Mt at 0.057% U3O8, dated 2006, the Zoo Bay share exchange and the exercise of the NeoCore option. These approximately 24.4 M lb U3O8, reported by Fission Energy Corp