- **Snow Lake Resources Ltd. (LITM)** has launched **Kadmos Energy Services LLC**, a new U.S.-based nuclear energy company dedicated to the design and deployment of small modular reactors (SMRs).  **[1769697_0001062993-25-016234_exhibit99-1.htm:0]** 
- **Dr. Youssef Ballout**, a distinguished nuclear technology expert, has been appointed as the founding CEO of Kadmos.  **[1769697_0001062993-25-016234_exhibit99-1.htm:0]** 
- Snow Lake will invest up to **US$10 million** for a **49% ownership stake** in Kadmos, with an initial **US$2 million** investment completed on **October 21, 2025**, to initiate engineering and development programs.  **[1769697_0001062993-25-016234_exhibit99-1.htm:0]** 
- This strategic expansion moves Snow Lake from uranium exploration and development into nuclear power generation and technology development, aiming to become an integrated player across the entire nuclear value chain.  **[1769697_0001062993-25-016234_exhibit99-1.htm:0]**

Snow Lake Resources Launches Kadmos Energy Services to Enter Nuclear Power Sector

- **Snow Lake Resources Ltd. (LITM)** announced a definitive agreement to **acquire 100% of Global Uranium and Enrichment Limited (GUE)**, aiming to create a growth-oriented, U.S. focused nuclear fuel cycle company.  **[1769697_0001062993-25-015930_exhibit99-1.htm:0]** 
- The transaction values GUE at an equity value of **A$44.5 million** and an enterprise value of **A$41.5 million**, representing a **40.3% premium** to GUE's closing price on October 3, 2025.  **[1769697_0001062993-25-015930_exhibit99-1.htm:1]** 
- The **Combined Group** is projected to have an enhanced market capitalization of approximately **US$76.7 million** and be well-funded with approximately **US$18.5 million in cash**.  **[1769697_0001062993-25-015930_exhibit99-1.htm:1]** 
- This acquisition will consolidate uranium exploration and development assets, including the strategic Pine Ridge project, and expand exposure to the nuclear fuel cycle through a **21.9% interest in Ubaryon** (uranium enrichment) and a partnership with Exodys Energy (small modular reactors).  **[1769697_0001062993-25-015930_exhibit99-1.htm:0]** **[1769697_0001062993-25-015930_exhibit99-1.htm:1]** 
- The completion of the acquisition is targeted for **Q1 2026**.  **[1769697_0001062993-25-015930_exhibit99-1.htm:1]** **[1769697_0001062993-25-015930_exhibit99-1.htm:2]**

Snow Lake Resources to Acquire Global Uranium and Enrichment Limited

- Snow Lake Resources Ltd. (NASDAQ: LITM) announced **encouraging exploration results** from its Pine Ridge Uranium Project, a 50/50 joint venture with Global Uranium and Enrichment Limited (GUE) in Wyoming.  **[1769697_0001062993-25-015892_exhibit99-1.htm:0]** 
- An additional **15 drill holes** have been completed, bringing the total to **49 drill holes** for **18,239m** of drilling. The total program of **125 holes** (38,000m) is expected to be completed by **November 2025**.  **[1769697_0001062993-25-015892_exhibit99-1.htm:0]** 
- Highlights from the recent drilling include intercepts of **1.8m at 550ppm U3O8** and **1.7m at 520ppm U3O8**.  **[1769697_0001062993-25-015892_exhibit99-1.htm:0]** 
- The drilling confirmed the existence and continuity of at least two major sandstone units that appear geologically and hydrologically isolated, supporting future **In-Situ Recovery (ISR) development**.  **[1769697_0001062993-25-015892_exhibit99-1.htm:0]** 
- CEO Frank Wheatley noted the company's strategic positioning to benefit from a strengthening uranium market, with uranium prices recently exceeding **US$80/lb**.  **[1769697_0001062993-25-015892_exhibit99-1.htm:0]**

Snow Lake Resources Ltd. Announces Encouraging Exploration Results from Pine Ridge Uranium Project

- Snow Lake Resources Ltd. (LITM) announced **excellent initial drill results** from its Pine Ridge Uranium Project, a 50/50 joint venture with Global Uranium and Enrichment Limited (GUE), on **September 17, 2025**.  **[1769697_0001062993-25-015674_exhibit99-1.htm:0]** 
- The joint venture has completed **33 holes** totaling **12,540m (41,140 ft)** of drilling at Pine Ridge, located in the Powder River Basin in Wyoming.  **[1769697_0001062993-25-015674_exhibit99-1.htm:0]** 
- Encouraging intercepts include **1.1m at 780 ppm U3O8** within a broader interval of **3.5m at 540 ppm U3O8**, and **1.2m at 1,320 ppm U3O8** within a broader interval of **2.0m at 920 ppm U3O8**.  **[1769697_0001062993-25-015674_exhibit99-1.htm:0]** 
- Drilling is **ongoing** and expected to continue through **November 2025**, with a maiden mineral resource estimate targeted by year-end.  **[1769697_0001062993-25-015674_exhibit99-1.htm:0]**

Snow Lake Resources (LITM)