Uranium One Mining Announces Clarifications to its NI 43-101 Compliance Disclosure

About this update from Uranium One Mining Corp.

Vancouver, BC – May 6, 2026 – TheNewswire – Uranium One Mining Corp. ("UraniumOne" or the "Company") (UUU: CSE |UUUFF: OTCID | SL51: Frankfurt) announces that, as a result of a review by the British Columbia Securities Commission (“BCSC”), the Company is issuing this news release to clarify its disclosure and has undertaken additional measures to ensure that its ongoing disclosure fully complies with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). In connection with the Company’s news releases dated March 27, 2026, April 10, 2026, and April 21, 2026, the Company wishes to clarify and retract certain prior disclosure statements that were misleading or non-compliant with NI 43-101, and investors are cautioned that certain statements contained in those news releases should not be relied upon as compliant disclosure under NI 43-101. The Company is committed to full compliance with applicable scientific and technical disclosure requirements and is implementing enhanced internal processes to ensure the accuracy and compliance of its future public disclosure. Pocitos 1 Lithium Brine Project (“Pocitos 1”) Pursuant to the Company’s news release dated April 21, 2026, UraniumOne announced that the technical report filed for Pocitos 1 was the “maiden” report for the project. The Company clarifies that it had previously filed a technical report for the project on December 21, 2023. The recently filed report was submitted in order to amend the prior report for compliance with NI 43-101. In addition, the April 21, 2026, news release did not reconcile the changes to the report as required under Section 4.2(5)(b) of NI 43-101. Specifically, the project no longer contains a mineral resource estimate (“MRE”) because the Company no longer holds the neighbouring Pocitos II property. The previously published MRE was based on both the Company’s Pocitos 1 property (800 hectares) and the Pocitos II property (532 hectares). The Company notes that all drilling completed to date was conducted on the Pocitos 1 property. Brussels Creek (“Brussels”) Pursuant to the Company’s news release dated April 10, 2026, UraniumOne announced that the technical report filed for Brussels Creek was the “maiden” report for the project. The Company clarifies that it had previously filed a technical report for the project on April 22, 2021. The April 10, 2026, ne...

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