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Verdera Energy Corp
Symbol V
Shares Issued 75,757,993
Close 2026-09-01 C$ 0.485
Market Cap C$ 36,742,627
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Verdera agrees to sell Treeline uranium project for $2M

2026-09-02 11:14 ET - News Release

Ms. Janet Lee Sheriff reports

VERDERA ENERGY ANNOUNCES SALE OF TREELINE PROJECT, NEW MEXICO

Verdera Energy Corp. has entered into a mineral property purchase and sale agreement pursuant to which Americas Uranium Corp. has agreed to acquire a 100-per-cent interest, subject to royalties, in the Treeline uranium project located in New Mexico, United States.

Janet Lee-Sheriff, Verdera Energy's chief executive officer, stated: "The Treeline uranium project transaction is an example of the potential wealth of opportunities available to Verdera from the New Mexico database acquired through the enCore Energy transaction and acquisition of the Kerr McGee New Mexico database. While Treeline is a good exploration project with potential to expand the historic mineralization previously outlined, Verdera's business plan is to focus on advancing its four large-scale properties with historical resources established by name-brand oil companies. This transaction provides immediate value to the company and its shareholders on a property not in our project pipeline. At Verdera, our team continues to advance our key projects including a NI 43-101 technical report under way on the West Largo project while we data mine the vast database, containing over 200,000 drill hole logs, for additional opportunities."

Transaction highlights

  • Americas Uranium Corp. (Canadian Securities Exchange: NUCA) (OTCQB: ASRFF) (Frankfurt Stock Exchange: WA7) will acquire a 100-per-cent interest in the Treeline property and associated property rights, subject to existing and newly granted royalties.
  • Consideration consists of $100,000 (U.S.) in cash and two million in common shares of Americas Uranium, with 90 per cent of the share consideration payable in staged issuances over the 36 months following closing.
  • Historical reports from January, 2005, that were reviewed by Axiom Exploration Group show an estimated 1.02 million pounds of U3O8 (triuranium octoxide) on the property. The estimate is historical in nature and is not a current NI 43-101 mineral resource or reserve.
  • The property is located in Cibola and McKinley counties, New Mexico, in an area with a history of uranium exploration and mining. Historical mining has occurred immediately southeast of the property at the San Mateo mine.
  • Americas Uranium will also receive a right of first refusal over specified additional mineral rights adjacent to the Treeline property.

Transaction terms

Under the purchase agreement, Americas Uranium will acquire a 100-per-cent interest in the Treeline uranium project and all associated property rights in consideration for a cash payment of $100,000 (U.S.) on closing, staged share payments over 36 months from closing totalling $2-million in common shares of Americas Uranium, plus 1.5 per cent of net proceeds royalty on uranium and 1.5-per-cent net smelter returns royalty on other minerals produced from the property which can be reduced to 1.0 per cent by payment of $400,000 to Verdera.

Qualified person

Mark Pelizza, MSc, CPG, a director and qualified person under National Instrument 43-101, has reviewed and approved the technical disclosure in this news release.

About Verdera Energy Corp.

Verdera Energy is focused on the development of in-situ recovery (ISR) uranium assets in New Mexico. With the largest land position in a prolific uranium district, and the largest uranium endowment among U.S.-focused public uranium exploration companies, Verdera is working to meet the growing demand for clean, reliable domestic uranium. Led by a team with extensive experience in the uranium and natural resources sector, 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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