Mr. Darcy Higgs reports

URZ3 ENERGY CORP. WELCOMES DR. IVY V. ESTABROOKE TO THE BOARD OF DIRECTORS

At URZ3 Energy Corp.'s annual general meeting held on Thursday, April 9, 2026, Dr. Ivy Estabrooke was elected to serve on the URZ3 board of directors.

"We are very pleased to welcome Dr. Estabrooke to the URZ3 board. Her unique combination of national security experience, advanced technology leadership and direct uranium-sector board experience with Energy Fuels Inc. will add tremendous depth to our strategic planning. Ivy's background in deploying innovation at scale -- particularly in highly regulated environments -- aligns perfectly with our vision as we advance URZ3's U.S.-focused uranium strategy," stated Darcy Higgs, interim chief executive officer.

About Ivy Estabrooke, BA, MS, PhD

Dr. Estabrooke is an innovation executive with years of strategy, oversight and leadership experience in technology development and deployment in national security and health care environments. Dr. Estabrooke serves on the board of Rare Earths Americas, an exploration-stage rare earth company and previously served on the board of Energy Fuels Inc., a producer of uranium, vanadium and rare earth minerals. She has served on numerous non-profit boards, including the Girl Scouts of Utah, Bio Utah, the Utah chapter of the National Association of Corporate Directors and the Utah District Export Council. Dr. Estabrooke started her career leading a technology development portfolio for the U.S. Department of the Navy, where she fielded cutting-edge tools to the U.S. Marine Corps, intelligence community and Special Forces community. She was the executive director of the Utah Science Technology and Research Initiative, a technology-based economic development agency, senior adviser to the Governor of Utah and an executive at multiple biotech start-ups. She currently advises government, public and private entities in optimizing their approaches to innovation and technology development for national security, economic and social impact in her role as strategic account executive -- defence -- for RTI International, an independent scientific research institute. She holds the NACD.DC and Department of Defence senior acquisition professional certifications.

Dr. Estabrooke has a doctorate in neuroscience from Georgetown University, a master's degree in national resource management from the National Defense University and a bachelor's degree in biological sciences from Smith College. Her leadership has been recognized with the U.S. Navy meritorious service award, the Fed 100 and a Pathfinder award.

Corporate

The URZ3 board of directors will consist of William (Paul) Goranson, Sandra MacKay, John Larson, Mr. Higgs, Todd Hilditch and Dr. Estabrooke.

The appointment of Dr. Estabrooke to the board of directors is subject to the receipt of all necessary regulatory filings and TSX Venture Exchange approvals.

About URZ3 Energy Corp.

URZ3 Energy is a resource development company focused on the acquisition and exploration of uranium properties in North America. The company is dedicated to advancing its portfolio of projects to meet the growing demand for uranium as a clean energy resource, leveraging its team's extensive experience of in situ recovery uranium exploration, development and production.

We seek Safe Harbor.