URZ3 ENERGY Business Summary

URZ3 Energy Corp. (URZEF) is a junior resource exploration company primarily focused on the acquisition and development of strategic uranium assets in North America. The company’s business model centers on identifying high-potential mineral properties and advancing them through exploration to either a production-ready state or a strategic exit; it currently generates no operational revenue as it remains in the pre-production phase. Its primary business segments are divided by commodity and geography: uranium exploration in the Athabasca Basin of Saskatchewan and the Powder River Basin of Wyoming, and legacy gold exploration projects in Nevada, including South Grass Valley and Kelly Creek. URZ3 Energy competes with other junior explorers such as Trailbreaker Resources, Radius Gold, and Austin Gold, positioning itself as a specialized player leveraging in-situ recovery (ISR) expertise to target low-cost uranium extraction in tier-one jurisdictions. The company is led by Interim CEO and President Darcy Higgs, who assumed the role on January 1, 2026, following the resignation of former CEO Mark Kolebaba. Higgs brings a background in corporate advisory and capital markets, supported by a board and advisory team with a significant pedigree in the uranium sector. Key leadership includes Director Paul Goranson, a professional engineer and former CEO of enCore Energy and COO of Energy Fuels, who provides over 37 years of experience in ISR uranium mining. The advisory board was further strengthened in late 2025 with the appointment of Dr. Ivy Estabrooke, a national security and innovation expert. This leadership group is notable for its collective track record of over $500 million in successful uranium project exits, including the historical sale of Uranerz Energy and Azarga Uranium.