Ms. Janet Lee-Sheriff reports

VERDERA ENERGY BUILDS INDUSTRY LEADING PROPRIETARY URANIUM DATABASE FOR NEW MEXICO

Verdera Energy Corp. has acquired the Kerr-McGee uranium database covering all of the former operator's uranium exploration, development and mining activities in the state of New Mexico. Kerr-McGee was a dominant uranium producer in the United States, particularly from the 1950s through the 1980s. As the first oil company to enter the uranium industry, Kerr-McGee operated major mines in the Grants uranium district, becoming one of the top producers in the United States.

These data, when combined with the Uranium Resources (URI) New Mexico database, acquired under the previously announced EnCore Energy Corp. transaction (see EnCore Energy's news release dated April 9, 2025) provides Verdera with the largest proprietary New Mexico uranium exploration and development database known. URI, founded in 1977, was a U.S.-based company focused on in situ recovery uranium extraction, with historical operations in south Texas and projects in New Mexico.

The database contains over 150,000 drill hole logs, more than 1,000 maps containing drill hole, geologic and mine-related information, and hundreds of geological and resource reports from uranium deposits and prospects in New Mexico. This information provides Verdera with a key advantage to unlock the value and full potential of its extensive uranium and mineral rights portfolio. The data also provide critical data to create additional opportunities for discovery, prospect generation and sale to other parties missing data on their projects.

In addition to the comprehensive data resource assembled through the combination of the URI and Kerr-McGee databases, the company has entered into a contractual agreement for exclusive use of the New Mexico portions of the extensive data collection held by its executive chair, William M. Sheriff. Mr. Sheriff's collection includes the Rancher's Exploration, Union Carbide, W.R. Grace, Getty Minerals, U.S. Smelting, UV Industries and portions of several other noteworthy corporate and geologist private collections. Under the agreement, Verdera provides storage and maintenance fees in exchange for exclusive access rights.

Mr. Sheriff stated: "Verdera has an enormous opportunity from the combination of 40 years of proprietary data collection from 13 companies which completed significant work in New Mexico. This asset solidifies Verdera Energy as a key player in the uranium sector in New Mexico, an essential district to the U.S. nuclear renaissance."

About Verdera Energy Corp.

Verdera Energy is focused on the development of in situ recovery (ISR) uranium assets in New Mexico. Led by a team with extensive experience in the uranium and natural resources sector, Verdera is working to meet the growing demand for clean, reliable domestic uranium in the United States. Supported by strategic shareholder EnCore Energy, Verdera holds private mineral rights spanning approximately 400 square miles, 88 million pounds of known and historic resources and a significant proprietary uranium database. New Mexico, with expansive uranium resources, is positioned as a critical district in the U.S. domestic nuclear renaissance, driven by efforts to reduce reliance on foreign imports. Verdera is committed to fostering strong community relations and strives to work closely with local communities.

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