Myriad Uranium Issues Shares under Option to Acquire 100% of the Red Basin Uranium Project in New Mexico, USA

Core Points - Myriad Uranium Corp. has issued 612,164 common shares to FirstAmerican Energy Fuels Ltd. as part of a property option agreement for the Red Basin Uranium Project in New Mexico, covering approximately 1,776 acres [1][2] - The shares were issued at a deemed price of approximately C$0.408 per share, valuing the transaction at C$250,000 based on a 10-day VWAP [2] - Myriad's final obligation to earn a 100% interest in the Project requires conducting a geophysics survey by January 30, 2026 [3] Company Overview - Myriad Uranium Corp. is a uranium exploration company with a 75% earnable interest in the Copper Mountain Uranium Project in Wyoming, having already earned a 50% interest [4] - The Copper Mountain Project has historical uranium deposits and mines, including the Arrowhead Mine, which produced 500,000 lbs of eU3O8 [4] - A recent 34-hole drill program at Copper Mountain encountered significant high-grade uranium mineralization, exceeding expectations and confirming historical exploration results [4]