Retains 1.5% royalty and receives cash and Americas Uranium shares, with an additional C$1.8 million in shares issuable over the next 36 months
TSX-V:V
OTCQB: VUECF
www.verderauranium.com
Vancouver, BC, Sept. 24, 2026 /CNW/ -- Verdera Energy Corp. (TSXV: V) (OTCQB: VUECF) ("Verdera" or the "Company") is pleased to announce that, further to its news release dated September 2, 2026, the Company has completed the sale of a 100% interest in the Treeline Uranium Project located in Cibola and McKinley Counties, New Mexico (the "Treeline Project") to Americas Uranium Corp. (CSE: NUCA) (OTCQB: ASRFF) (FSE: WA7) ("Americas Uranium") (the "Transaction"), pursuant to the previously announced Mineral Property Purchase and Sale Agreement. The Transaction closed on September 24, 2026 (the "Closing Date").
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Transaction Highlights
US$100,000 in cash received on closing;
701,754 common shares of Americas Uranium received on closing at a deemed price of C$0.285 per share (C$200,000), subject to a statutory hold period of four months and one day from the Closing Date;
A further C$1,800,000 in Americas Uranium common shares issuable to Verdera in staged tranches over the 36 months following the Closing Date, for total share consideration of C$2,000,000;
Verdera retains a 1.5% net proceeds royalty on uranium and a 1.5% net smelter returns royalty on other minerals produced from the Treeline Project (the "Vendor Royalty"). Americas Uranium may reduce the Vendor Royalty to 1.0% at any time by paying Verdera C$400,000.
Janet Lee-Sheriff, Chief Executive Officer of Verdera, commented:
"Closing the Treeline sale shows the value embedded in our New Mexico database beyond our core properties. We have turned a non-core exploration asset into cash, an equity position in an active explorer and a retained royalty, which keeps Verdera shareholders exposed to any success at Treeline at no further cost to the Company. It also allows our team and our capital to stay focused on advancing our four large-scale ISR uranium properties."
About Verdera Energy Corp.
Verdera Energy Corp. is focused on the development of In-Situ Recovery ("ISR") uranium assets in New Mexico. With the largest land position in a prolific uranium district, and the largest uranium endowment among U.S.-focused public uranium exploration companies, Verdera is working to meet the growing demand for clean, reliable domestic uranium. Led by a team with extensive experience in the uranium and natural resources sector, Verdera holds private mineral rights spanning approximately 400 square miles, 88 million pounds of known and historic resources and a significant proprietary uranium database. New Mexico, with expansive uranium resources, is positioned as a critical district in the U.S. domestic nuclear renaissance, driven by efforts to reduce reliance on foreign imports. Verdera is committed to fostering strong community relations and strives to work closely with local communities.