Americas Uranium Corp. Acquires Treeline Uranium Property in New Mexico

Americas Uranium Corp. has acquired a 100% interest in the Treeline uranium property, located in Cibola and McKinley Counties, New Mexico, USA. The acquisition, completed through the company's newly incorporated wholly-owned Nevada subsidiary, NUCA Energy Corp., marks a significant milestone for the firm, positioning it to advance exploration efforts on the property.

According to the press release, the acquisition was finalized on September 24, 2026, following the signing of a Mineral Property Purchase Agreement with Verdera Energy Corp. and its wholly-owned subsidiary, NM Energy Holding Corp. The deal involved the payment of US$100,000 in cash and the issuance of 701,754 Shares at a deemed price of $0.285 per Share, representing CDN$200,000 of the CDN$2,000,000 aggregate Share consideration payable under the agreement. The Shares issued on closing are subject to a hold period of four months and one day from the date of closing.

The remaining CDN$1,800,000 of Share consideration will be paid through staged issuances over the next 36 months. The value of the Shares to be issued in each future payment will be determined by the ten (10) trading day volume weighted average price ("VWAP") immediately preceding the due date for such issuance, less the maximum allowable discount and subject to any minimum price requirements imposed by the policies of the Canadian Securities Exchange (the "CSE").

In connection with the acquisition, Americas Uranium Corp. has also received a right of first refusal over certain additional property interests in the surrounding area should Verdera seek to sell or transfer those interests.

The Treeline Property has multiple areas that warrant further evaluation, and the company's immediate priority is to bring that information together into a modern geological framework that can guide the next phase of exploration. Additionally, the Property is subject to an existing 2% net proceeds royalty on uranium and a 2% net smelter returns royalty on other minerals, pursuant to a May 15, 2025 royalty deed between Verdera and enCore Energy Corp.

Americas Uranium Corp. is a uranium exploration company focused on the acquisition, exploration, and advancement of uranium projects in the Americas, with an emphasis on assets positioned to contribute to the growing need for secure North American uranium supply. The company's common shares trade in Canada under the symbol NUCA, in the United States under the symbol ASRFF, and in Germany under the symbol WA7.