Annonce • Jul 20
Frontier Nuclear and Minerals Inc. Announces Board and Committee Changes Frontier Nuclear and Minerals Inc. announced changes to its Board of Directors. The Board appointed Joshua Girnun, a metals and mining investment expert, and Donal Carroll, a seasoned corporate finance leader, as new directors. Mr. Girnun is Co-Founder and Managing Partner of Ridge Metals Group, a New York-based metals and mining investment firm specializing in battery metals, precious metals, and critical minerals. Prior to co-founding Ridge Metals Group, Mr. Girnun co-founded a global subject matter expert team at JP Morgan Chase, covering metals and mining opportunities across multiple geographies and commodity classes. Mr. Girnun holds a Master of Science in Metals and Energy Finance from Imperial College London, a Master of Science in Geosciences from the Hebrew University of Jerusalem and a Bachelor of Science (Honours) degree in Geology from the University of the Witwatersrand. The Board also appointed Donal Carroll to serve as a member of the Board of Directors. Mr. Carroll brings over 20 years of corporate finance leadership and public company experience, as well as experience in syndicate investing in both equity and debt securities. Mr. Carroll is currently the CFO of Quantum BioPharma Ltd. From June 2005 to January 2008, Mr. Carroll served as an Accounting Supervisor with Alberto Culver (now Unilever). From February 2008 to October 2013, he served as Controller with Videojet Technologies. From October 2013 to July 2017, Mr. Carroll served as a Corporate Controller with Cardinal Meats, where he was instrumental in major restructuring activities, mergers and acquisitions, and the implementation of new internal controls and ERP systems. Mr. Carroll holds a CPA-CMA designation and a Bachelor of Commerce degree from University College Dublin. Following these changes, the Board of Directors of the Company consists of Nachum Labkowski (Chairman), Shlomo Kievman (Director), Jack Wortzman (Director), Joshua Girnun (Director), Donal Carroll (Director), and Peretz Schapiro (Director). The Board reconstituted the Audit Committee, which now consists of Donal Carroll, CPA-CMA (Chair), Jack Wortzman, and Joshua Girnun. The Board reconstituted the Nominating and Corporate Governance Committee, which now consists of Jack Wortzman (Chair), Nachum Labkowski, and Peretz Schapiro. The Board reconstituted the Compensation Committee, which now consists of Nachum Labkowski (Chair), Shlomo Kievman, and Peretz Schapiro. Annonce • Jul 14
Frontier Nuclear and Minerals Launches 2026 Drill Program At Pine Ridge Uranium Project Frontier Nuclear and Minerals Inc. announced the launch of its 2026 drill program at its 100% owned Pine Ridge uranium project in Wyoming’s Powder River Basin. The drill program will consist of approximately 120 holes totaling approximately 36,000 meters. The objective of the drill program is to define roll front deposits and target preparation of a maiden mineral resource estimate by early 2027. Pine Ridge is a large-scale uranium exploration project located in Wyoming’s Powder River Basin covering approximately 39,390 acres. The drill program will build on the successful 2025 drill program which confirmed widespread uranium mineralization, demonstrated continuity of mineralization across multiple areas, and identified at least 25 mineralized roll fronts contained within multiple major sandstone packages. Drilling is expected to be completed using one drill rig operating from July through December 2026, with the program potentially extending into January 2027. Frontier’s geology team has integrated the results of the 2025 drill program with Pine Ridge’s extensive historical drilling and geophysical database to refine the geological model and prioritize targets for the drill program. The drill program is designed to expand and further define priority mineralized trends, test additional prospective sandstone horizons, and advance Pine Ridge toward the definition of a maiden mineral resource estimate. Results from the 2025 drill program illustrate the continuity of the stacked roll-front systems identified across Pine Ridge and confirm mineralized zones within multiple major sandstone packages in the eastern and southwestern portions of Pine Ridge. These mineralized zones generally occur at depths of approximately 200 meters to 400 meters and are separated by laterally extensive fine-grained units that provide geological and hydrological confinement, supporting Pine Ridge’s potential suitability for future In-Situ Recovery development. Mineralization intersected in the southwestern portion of Pine Ridge appears to be hosted within a stratigraphically lower sandstone package than the mineralized sandstone packages identified in the eastern portion of Pine Ridge. This interpretation suggests that additional prospective areas and sandstone horizons may be present across Pine Ridge. Frontier expanded the Pine Ridge claim block through the addition of 54 federal mining claims, comprising approximately 854 acres. Pine Ridge benefits from an extensive historical exploration database comprising 1,311 historical drill holes totaling more than 22,825 meters of drilling, supplemented by 114 drill holes totaling 38,000 meters completed by Frontier during the 2025 exploration program. This combined dataset provides the foundation for Pine Ridge’s geological interpretation and the targeting of the drill program. Annonce • Feb 13
Snow Lake Resources Ltd. (NasdaqCM:LITM) completed the acquisition of remaining 80.30% stake in Global Uranium and Enrichment Limited (ASX:GUE). Snow Lake Resources Ltd. (NasdaqCM:LITM) entered into a binding Scheme Implementation Deed to acquire remaining 80.30% stake in Global Uranium and Enrichment Limited (ASX:GUE) for approximately AUD 35.5 million on October 6, 2025. Global Uranium shareholders will receive AUD 0.0968 in Snow Lake shares for each GUE Share held. The number of new Snow Lake shares will be based on a formula and adjusted for the USD/AUD exchange rate, subject to a maximum of 0.083878 new Snow Lake shares for each GUE Share held. Upon completion, Snow Lake Resources Ltd. will own 100% stake in Global Uranium and Enrichment Limited. GUE shareholders (excluding Snow Lake, which has an existing 19.7% shareholding in Global Uranium) to own ~33% of pro-forma shares outstanding of the enlarged Snow Lake (Combined Group) if the Scheme is implemented. Upon implementation of the Schemes, the Snow Lake Board remains unchanged, while Tim Brown and Jim Viellenave from Global Uranium's executive team join as U.S. Country Manager and Technical Adviser, respectively. In case of termination of transaction, Snow Lake Resources Ltd. and Global Uranium and Enrichment Limited will pay a termination fee of AUD 0.68 million.
The transaction is contingent upon several conditions: (a) FIRB approval must be obtained on the Business Day immediately prior to the Second Court Date, with the Treasurer of the Commonwealth of Australia providing a written notice of no objection, which must be unconditional or reasonably acceptable to Snow Lake. (b) The Court must approve the Scheme in accordance with section 411(4)(b) of the Corporations Act, satisfying Section 3(a)(10) of the U.S. Securities Act for all New Snow Lake Shares. (c) GUE Shareholders, excluding Excluded Shareholders, must approve the Scheme at the Scheme Meeting by the requisite majorities under section 411(4)(a)(ii) of the Corporations Act. (d) An Independent Expert must issue a report concluding that the Scheme is in the best interests of GUE Shareholders, and this conclusion must remain unchanged before the Scheme Booklet is registered by ASIC. (e) All necessary regulatory conditions, including those from ASIC, ASX, and Canadian securities laws, must be fulfilled on the Second Court Date. (f) The New Snow Lake Shares must be approved for listing on Nasdaq. (g) The Convertible Notes Completion must occur by the tenth Business Day after the date of this deed. (h) No Government Agency should take action to prevent or prohibit the Scheme, and no material adverse changes or prescribed events should occur for either GUE or Snow Lake. (i) All warranties and undertakings must remain unbreached, and (j) GUE must ensure all performance rights are addressed as per the Scheme Implementation Deed. The transaction is also subject to the cancellation of Private Treaty Options as outlined in the deed. The Independent GUE Board has unanimously recommended that GUE securityholders vote in favour of the Schemes. The expected completion of the transaction is in the first quarter of 2026. As of December 8, 2025 Snow Lake Resources Ltd has received its Australian Foreign Investment Review Board ("FIRB") approval for the acquisition. As of 19 December 2025, the Scheme Meetings will take place 27 January 2026. The transaction is expected to be effective on 4 February 2026. As per the announcement dated January 27, 2026 the transaction has been approved by the shareholders of Global Uranium and Enrichment Limited. As of February 3, 2026 the deal has been approved by the Federal Court of Australia.
Canaccord Genuity Group Inc. acted as financial advisor for Global Uranium and Enrichment Limited. Sternship Advisers Pty Ltd. acted as financial advisor for Snow Lake Resources Ltd. Scott Gibson and Michael Ng, Cameron Bill of Thomson Geer acted as legal advisor for Global Uranium and Enrichment Limited. James Nicholls, Emily Eardley, Alexis Brensell and Emily Wang of Hamilton Locke Pty Ltd acted as legal advisor for Snow Lake Resources Ltd. Garfinkle, Biderman LLP acted as legal advisor for Snow Lake Resources Ltd. Nauth LPC acted as legal advisor for Snow Lake Resources Ltd. Automic Pty Ltd. acted as registrar for Global Uranium and Enrichment Limited.
Snow Lake Resources Ltd. (NasdaqCM:LITM) completed the acquisition of remaining 80.30% stake in Global Uranium and Enrichment Limited (ASX:GUE) on February 13, 2026.. Annonce • Jan 14
Snow Lake Completes Highly Successful Drill Program At the Pine Ridge Uranium Project in Wyoming Snow Lake Resources Ltd. announced that it has received the final set of drill results from an additional 21 drill holes (out of a total of 114 holes) that have been completed on the Pine Ridge Uranium Project ("Pine Ridge"), located in the prolific Powder River Basin in Wyoming, a 50/50 joint venture (the "Joint Venture") with Global Uranium and Enrichment Limited ("GUE"). This successful drill program confirmed the presence of widespread uranium mineralization at Pine Ridge, while testing only a very small percentage of the large land package, and established the continuity of mineralization in multiple areas and identified at least 25 mineralized roll fronts contained within three major sandstone packages. Final 2025 program drill results continue to highlight multiple zones of mineralization at Pine Ridge; Highly successful drill program was completed with 114 holes and 38,000m (125,000 ft); Drilling results have continued to define roll front mineralization and have increased the number of mineralized horizons. New results include: 1.2m at 0.040% (400 ppm) U O from 173.7m in PR25-103 and: 0.8m at 0.045% (450 ppm) U O from 176.0m; 0.9m at 0.041% (410 ppm) U O from 194.2m in PR25-102 and: 1.1m at 0.1m at 0.029% (290 ppm) U O from 196.3m; 1.2m at 0.,2m at 0.032% (320 ppm) U O from 254.7m in PR25 -106; Best results from the drill program include: 2.6m at 0.101% (1,010 ppm) U O from 257.6m in PR25-093 including; 2.0m at 0.124% (1,240ppm) U O at 257.9m; 2.0m at0.092% (920 ppm) U O from 314.8m in PR25-017, including 1.2m at 0".2m at 0.132% (1,320 ppm) U O from 315.0m. 3.5m at 0.054% (540 ppm) U O from 321.3m in PR25-031, including 1.1m at 0.,1m at 0.078% (780 ppm) U O from 321". Drilling reported in the most recent area drilled has further supported this geologic interpretation while returning the most significant assay results to date with the previously reported 2.6m at 0.,101% (1,010ppm U O from 257.6 m including 2.0m at 0.,124% (1,010 ppm") U O from 257.6M including 2.0m at0". Annonce • Oct 06
Snow Lake Resources Ltd. (NasdaqCM:LITM) entered into a binding Scheme Implementation Deed to acquire remaining 80.30% stake in Global Uranium and Enrichment Limited (ASX:GUE) for approximately AUD 35.5 million. Snow Lake Resources Ltd. (NasdaqCM:LITM) entered into a binding Scheme Implementation Deed to acquire remaining 80.30% stake in Global Uranium and Enrichment Limited (ASX:GUE) for approximately AUD 35.5 million on October 6, 2025. Global Uranium shareholders will receive AUD 0.0968 in Snow Lake shares for each GUE Share held. The number of new Snow Lake shares will be based on a formula and adjusted for the USD/AUD exchange rate, subject to a maximum of 0.083878 new Snow Lake shares for each GUE Share held. Upon completion, Snow Lake Resources Ltd. will own 100% stake in Global Uranium and Enrichment Limited. GUE shareholders (excluding Snow Lake, which has an existing 19.7% shareholding in Global Uranium) to own ~33% of pro-forma shares outstanding of the enlarged Snow Lake (Combined Group) if the Scheme is implemented. Upon implementation of the Schemes, the Snow Lake Board remains unchanged, while Tim Brown and Jim Viellenave from Global Uranium's executive team join as U.S. Country Manager and Technical Adviser, respectively. In case of termination of transaction, Snow Lake Resources Ltd. and Global Uranium and Enrichment Limited will pay a termination fee of AUD 0.68 million.
The transaction is contingent upon several conditions: (a) FIRB approval must be obtained on the Business Day immediately prior to the Second Court Date, with the Treasurer of the Commonwealth of Australia providing a written notice of no objection, which must be unconditional or reasonably acceptable to Snow Lake. (b) The Court must approve the Scheme in accordance with section 411(4)(b) of the Corporations Act, satisfying Section 3(a)(10) of the U.S. Securities Act for all New Snow Lake Shares. (c) GUE Shareholders, excluding Excluded Shareholders, must approve the Scheme at the Scheme Meeting by the requisite majorities under section 411(4)(a)(ii) of the Corporations Act. (d) An Independent Expert must issue a report concluding that the Scheme is in the best interests of GUE Shareholders, and this conclusion must remain unchanged before the Scheme Booklet is registered by ASIC. (e) All necessary regulatory conditions, including those from ASIC, ASX, and Canadian securities laws, must be fulfilled on the Second Court Date. (f) The New Snow Lake Shares must be approved for listing on Nasdaq. (g) The Convertible Notes Completion must occur by the tenth Business Day after the date of this deed. (h) No Government Agency should take action to prevent or prohibit the Scheme, and no material adverse changes or prescribed events should occur for either GUE or Snow Lake. (i) All warranties and undertakings must remain unbreached, and (j) GUE must ensure all performance rights are addressed as per the Scheme Implementation Deed. The transaction is also subject to the cancellation of Private Treaty Options as outlined in the deed. The Independent GUE Board has unanimously recommended that GUE securityholders vote in favour of the Schemes. The expected completion of the transaction is in the first quarter of 2026.
Canaccord Genuity Group Inc. acted as financial advisor for Global Uranium and Enrichment Limited. Sternship Advisers Pty Ltd. acted as financial advisor for Snow Lake Resources Ltd. Thomson Geer acted as legal advisor for Global Uranium and Enrichment Limited. Hamilton Locke Pty Ltd acted as legal advisor for Snow Lake Resources Ltd. Garfinkle, Biderman LLP acted as legal advisor for Snow Lake Resources Ltd. Nauth LPC acted as legal advisor for Snow Lake Resources Ltd. Automic Pty Ltd. acted as registrar for Global Uranium and Enrichment Limited. 
