Diversifying into the REE Industry

Q3-2023 Financial Highlights Strong Balance Sheet $162.50 million of working capital as of September 30, 2023 • • ● $54.54 million of cash & cash equivalents; $70.62 million of marketable securities; $29.81 million of product inventory (worth about $49.09 million at current commodity prices¹) Zero debt 2 586,000 pounds of finished U₂O 8, 906,000 pounds of finished V₂O, and 11 tonnes of finished high-purity, partially separated mixed REĔ carbonate in inventory. 1 Per TradeTech (uranium) and Fastmarkets (vanadium) as of October 27, 2023 25

View entire presentation