Announcement • Jul 27
Union Power Metals Confirms Upcoming Drill Program At Slovakia Manganese Projects and Reports Progress on Botswana Uranium Exploration Program Union Power Metals Ltd. announced that preparations for its upcoming drill program in Slovakia are advancing, with the program now approved and the Company moving forward toward mobilization. The planned drilling program represents an important next step in Union Power’s strategy to advance its Slovakian manganese portfolio and evaluate the potential of a historically significant manganese district at a time when Europe is seeking to strengthen domestic and regional supply chains for critical raw materials. The Company is looking forward to commencing drilling and building on the extensive body of historical work completed across its Slovakian project portfolio. The upcoming program is expected to focus on priority targets within the Company’s Slovakian manganese portfolio, including areas associated with historical exploration and development. A key objective of the program is to evaluate the metallurgical and battery-grade manganese potential of the district, alongside verifying the reliability of historical results using modern exploration and analytical methods. Further details regarding drill mobilization, program design and target areas will be provided as the program advances. In parallel with the Company’s work in Slovakia, Union Power is also pleased to report that exploration activities at its uranium assets in Botswana remain on schedule. The Company has already completed airborne survey work over the project area, representing an important early step in advancing the exploration program and refining the geological understanding of the licences. Data generated from the airborne work will support the Company’s ongoing technical evaluation and assist in prioritizing areas for follow-up exploration. Union Power is advancing a portfolio of critical mineral assets in Europe and Africa, with a focus on disciplined exploration, technical validation and the identification of opportunities that may contribute to evolving Western supply-chain priorities. The Company expects to provide additional updates as work advances in both Slovakia and Botswana. The scientific and technical information contained in this news release has been approved by Lorne Warner, P.Geo., an Independent Consultant and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Warner has reviewed and approved the scientific and technical information contained in this news release. New Risk • Jun 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$9.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 85% per year over the past 5 years. Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.4m market cap, or US$9.62m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Apr 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.60m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 91% per year over the past 5 years. Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.60m). 
