Mr. Tom Drivas reports

APPIA TO INITIATE MAGNETOTELLURIC (MT) SURVEY AT THE OTHERSIDE URANIUM PROPERTY, TARGETING URANIUM-PROSPECTIVE EM CONDUCTOR

Appia Rare Earths & Uranium Corp. has engaged Quantec Geoscience Ltd. to complete a Spartan magnetotelluric (MT) survey in Q1 (first quarter) 2026 on the company's 100-per-cent-owned Otherside uranium property in Saskatchewan's renowned Athabasca basin. The 10,422-hectare property is located approximately 28 kilometres (km) south of Fond-du-Lac, Sask.

Appia has identified a 49 km long, faulted electromagnetic (EM) conductor trend that is potentially prospective for Athabasca-style uranium mineralization and comparable with features associated with NexGen Energy's Arrow deposit, one of the world's largest high-grade uranium discoveries.

The MT survey will be integrated with Appia's 2024 airborne gravity and magnetic data and several other data sets to confirm drill-ready targets by:

• Mapping subsurface resistivity to identify key faults and conductive zones;
• Highlighting density contrasts indicative of alteration and structure;
• Outlining lithological variations and basement trends.

Tom Drivas, president of Appia, commented, "The MT survey will provide the final major data set needed to define high-confidence drill targets along this extensive 49 km long conductor, advancing our planning toward the next phase of drilling."

Survey details:

• 84 MT stations spaced 200 metres apart, approximately 17 days of fieldwork, with daily progress reports, including preliminary 2-D inversion sections.

About Appia's Otherside uranium property

Appia's Otherside uranium property is strategically located within the prolific, uranium-bearing Athabasca basin of Saskatchewan, Canada. This area is renowned for its significant uranium deposits, its surrounding rare earth element (REE) plays and favourable geological conditions that have historically led to major high-grade uranium discoveries.

The Otherside uranium property shares similar geological and geophysical signatures to known high-grade, large-tonnage uranium deposits in the western and eastern Athabasca basin, including Uranium Energy Corp.'s Shea Creek and Cameco's Millenium deposits. Such signatures include long structural corridors hosting multiple, discrete conductors associated with the Athabasca basin's unconformity.

Otherside's property area is 10,441.88 hectares and is 100 per cent owned by Appia.

The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, PGeo, senior exploration consultant and a qualified person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp.

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company holds a 25-per-cent interest in the Ultra Hardrock and Ultra IAC projects, 42,932.24 hectares in size and located within the Goias state of Brazil. The company is also focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, and exploring for high-grade uranium in the prolific Athabasca basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The company also has a 100-per-cent interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake camp in Ontario.

Appia has 194.9 million common shares outstanding, 206.6 million shares fully diluted.

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