New Risk • Aug 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 2.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.67m market cap, or US$6.88m). Announcement • Jul 10
Noble Plains Uranium Completes Shirley Central Historical Drill Database and Identifies 341 Uranium Intercepts Noble Plains Uranium Corp. has completed the digitization and geological interpretation of the historical drill database at its Shirley Central Project in Wyoming’s Shirley Basin. Using AI-powered computer vision to process 1,211 historical drillholes acquired from Ur-Energy Inc., the Company has converted decades-old files and scanned gamma logs into a modern, high-resolution geological model, identifying 341 qualifying uranium intercepts and informing the placement of seven confirmation drill holes designed to fast-track Shirley Central toward a potential mineral resource. The Company acquired the underlying raw historical drill data directly from Ur-Energy; however, the dataset existed only as old, scanned gamma logs and was not usable in a modern resource-estimation workflow. Noble Plains engaged Geomorphic AI’s purpose-built artificial intelligence and computer vision systems to systematically extract, standardize, and analyze the full 1,211-hole dataset, accurately extracting gamma-ray traces across multiple historical log formats and converting CPS readings into estimated eU3O8 grades. The result is an integrated visualization platform incorporating maps and 3D geological modelling, turning a historically unusable paper archive into a modern exploration dataset comparable to what the Company could otherwise only obtain through a multi-million-dollar drill program of its own. Of the 1,211 historical holes reviewed, 341 intercepts qualified above a cut-off grade of 0.02% eU308 and a minimum thickness of 2 feet. These 341 intercepts average 0.055% eU308 over an average thickness of 13.7 feet. All intercepts were manually verified by Company geologists for accuracy, and multiple nose signatures that are indicative of roll-front uranium systems and associated with higher-grade centers were identified during the review. More than 57% of these selected intercepts returned grades above 0.05% eU308. Standout results include a 4-foot intercept grading 0.58% eU308 from a depth of 185–189 feet in hole TX-2763, and a 6.3-foot intercept grading 0.53% eU308 from a depth of 448.6–454.9 feet in hole SX-683. Building on the results from Geomorphic AI and the Company’s internal geological review, Noble Plains has selected seven drill locations for a confirmation program focused on two of the most prospective intercept clusters identified, both characterized by the nose features associated with higher-grade uranium accumulation. Announcement • Jun 26
Noble Plains Uranium Corp. announced that it has received CAD 1.0096 million in funding On June 25, 2026, Noble Plains Uranium Corp. closed the transaction. The Company issued 10,096,000 units (each, a “Unit”) at a price of CAD 0.10 per Unit for gross proceeds of CAD 1,009,600. In connection with the Offering, the Company paid cash finder’s fees of CAD 10,600 and issued 91,000 nontransferable finder warrants, each exercisable to acquire one Share at a price of CAD 0.15 until June 25, 2028. The transaction is oversubscribed. Certain Directors and Officers of the Company (the "Insiders") participated in the Offering, purchasing 600,000 Units for gross proceeds of CAD 60,000. All securities issued under the Offering are subject to a hold period expiring October 26, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The Offering remains subject to final approval of the TSX Venture Exchange.