{"success":true,"data":{"pressRelease":{"id":"68862","rtpr_id":"nNFC2fkGpJ","ticker":"UTWO","exchange":"","all_tickers":["UTWO"],"title":"U92 Closes Acquisition of Comprehensive Historical Technical Dataset for its Kurupung Uranium Project","author":"Newsfile Corp","published_at":"2026-06-19T20:30:11.274Z","article_body":"Toronto, Ontario--(Newsfile Corp. - June 19, 2026) - U92 Energy Corp. (TSXV:\nUTWO) (the \"Company\" or \"U92\") is pleased to announce that, further to its\nnews release dated June 1, 2026, it has received TSX Venture Exchange approval\nand closed a binding Asset Purchase Agreement to acquire the complete\nhistorical technical and exploration dataset relating to the Kurupung Uranium\nProject in Guyana (the \"Transaction\").\n\nPursuant to the Transaction, U92 has issued 1,030,927 common shares of the\nCompany (the \"Shares\") at a deemed price of $0.485 per Share to the\narm's-length vendor. The Shares are subject to a statutory four-month hold\nperiod in accordance with applicable Canadian securities laws.\n\nAdam Clode, Executive Chairman and CEO of U92, stated, \"Securing ownership of\nexploration work completed over more than a decade at Kurupung is a pivotal\nmilestone that materially strengthens the project's technical foundation ahead\nof an updated mineral resource estimate and inaugural drill program. By\ncompleting the transaction on an all-share basis, U92 has enhanced the value\nof its asset while preserving capital for exploration.\"\n\nAbout U92 Energy Corp.:\n\nU92 Energy Corp. is a Canadian exploration company listed on the TSX Venture\nExchange. The Company is focused on the exploration and advancement of its\nhigh-quality, advanced-stage uranium assets in South America.\n\nThe Company's flagship Kurupung Project is situated in the Republic of Guyana,\nboasting over 129,723 metres of drilling and a historical Indicated mineral\nresource of 10.6 million pounds, and an Inferred mineral resource of 10.0\nmillion pounds, at a cut-off grade of 0.03% (300ppm) U₃O₈. The historic\nmineral resource occurs in four deposits where mineralization remains open\nalong strike and down plunge. There are eight additional targets where 14,000m\nof prior drilling intersected significant U₃O₈ grades that require further\ndrilling for inclusion into the Company's anticipated updated mineral resource\nestimate.\n\nThe Company is committed to systematic exploration and disciplined capital\nallocation as it unlocks the full value of the Kurupung Project and positions\nitself as a leading uranium-focused exploration and development company in\nSouth America.\n\nFind out more about U92 Energy Corp. (TSXV: UTWO), visit the Company's website\nat www.u92corp.com\n\nU92 Energy Corp.\nAdam Clode\nExecutive Chairman & Chief Executive Officer\nEmail: info@u92corp.com\nTelephone: +1(416) 386-8068\n\nNEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY\nFOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.\n\nForward-Looking Information and Statements\n\nThis news release contains \"forward‐looking information or statements\"\nwithin the meaning of applicable securities laws, which may include, without\nlimitation, statements that address shareholder and TSX Venture Exchange\napproval, TSX Venture Exchange approval of statements relating to the\ntechnical, financial and business prospects of the Company, its projects and\nother matters.\n\nAll statements in this news release, other than statements of historical\nfacts, that address events or developments that the Company expects to occur,\nare forward-looking statements. Although the Company believes the expectations\nexpressed in such forward-looking statements are based on reasonable\nassumptions, such statements are not guarantees of future performance and\nactual results may differ materially from those in the forward-looking\nstatements.\n\nSuch statements and information are based on numerous assumptions regarding\npresent and future business strategies and the environment in which the\nCompany will operate in the future, including the price of metals, the ability\nto achieve its goals, that general business and economic conditions will not\nchange in a material adverse manner, that financing will be available if and\nwhen needed and on reasonable terms.\n\nSuch forward-looking information reflects the Company's views with respect to\nfuture events and is subject to risks, uncertainties and assumptions,\nincluding those filed under the Company's profile on SEDAR+ at\nwww.sedarplus.ca. Factors that could cause actual results to differ materially\nfrom those in forward looking statements include, but are not limited to,\ncontinued availability of capital and financing and general economic, market\nor business conditions, adverse weather and climate conditions, equipment\nfailures, failure to obtain or maintain all necessary government permits,\napprovals and authorizations, decrease in the price of uranium and other\nmetals, the impact of viruses and diseases on the Company's ability to\noperate, failure to obtain or maintain community acceptance, increase in\ncosts, litigation, and failure of counterparties to perform their contractual\nobligations.\n\nThe Company does not undertake to update forward‐looking statements or\nforward‐looking information, except as required by law.\n\nEnd of News Release\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/302226","article_body_html":"","raw_payload":{"data":{"id":"nNFC2fkGpJ","title":"U92 Closes Acquisition of Comprehensive Historical Technical Dataset for its Kurupung Uranium Project","author":"Newsfile Corp","ticker":"UTWO","created":"2026-06-19T20:30:11.274Z","tickers":["UTWO"],"exchange":"","article_body":"Toronto, Ontario--(Newsfile Corp. - June 19, 2026) - U92 Energy Corp. (TSXV:\nUTWO) (the \"Company\" or \"U92\") is pleased to announce that, further to its\nnews release dated June 1, 2026, it has received TSX Venture Exchange approval\nand closed a binding Asset Purchase Agreement to acquire the complete\nhistorical technical and exploration dataset relating to the Kurupung Uranium\nProject in Guyana (the \"Transaction\").\n\nPursuant to the Transaction, U92 has issued 1,030,927 common shares of the\nCompany (the \"Shares\") at a deemed price of $0.485 per Share to the\narm's-length vendor. The Shares are subject to a statutory four-month hold\nperiod in accordance with applicable Canadian securities laws.\n\nAdam Clode, Executive Chairman and CEO of U92, stated, \"Securing ownership of\nexploration work completed over more than a decade at Kurupung is a pivotal\nmilestone that materially strengthens the project's technical foundation ahead\nof an updated mineral resource estimate and inaugural drill program. By\ncompleting the transaction on an all-share basis, U92 has enhanced the value\nof its asset while preserving capital for exploration.\"\n\nAbout U92 Energy Corp.:\n\nU92 Energy Corp. is a Canadian exploration company listed on the TSX Venture\nExchange. The Company is focused on the exploration and advancement of its\nhigh-quality, advanced-stage uranium assets in South America.\n\nThe Company's flagship Kurupung Project is situated in the Republic of Guyana,\nboasting over 129,723 metres of drilling and a historical Indicated mineral\nresource of 10.6 million pounds, and an Inferred mineral resource of 10.0\nmillion pounds, at a cut-off grade of 0.03% (300ppm) U₃O₈. The historic\nmineral resource occurs in four deposits where mineralization remains open\nalong strike and down plunge. There are eight additional targets where 14,000m\nof prior drilling intersected significant U₃O₈ grades that require further\ndrilling for inclusion into the Company's anticipated updated mineral resource\nestimate.\n\nThe Company is committed to systematic exploration and disciplined capital\nallocation as it unlocks the full value of the Kurupung Project and positions\nitself as a leading uranium-focused exploration and development company in\nSouth America.\n\nFind out more about U92 Energy Corp. (TSXV: UTWO), visit the Company's website\nat www.u92corp.com\n\nU92 Energy Corp.\nAdam Clode\nExecutive Chairman & Chief Executive Officer\nEmail: info@u92corp.com\nTelephone: +1(416) 386-8068\n\nNEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY\nFOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.\n\nForward-Looking Information and Statements\n\nThis news release contains \"forward‐looking information or statements\"\nwithin the meaning of applicable securities laws, which may include, without\nlimitation, statements that address shareholder and TSX Venture Exchange\napproval, TSX Venture Exchange approval of statements relating to the\ntechnical, financial and business prospects of the Company, its projects and\nother matters.\n\nAll statements in this news release, other than statements of historical\nfacts, that address events or developments that the Company expects to occur,\nare forward-looking statements. Although the Company believes the expectations\nexpressed in such forward-looking statements are based on reasonable\nassumptions, such statements are not guarantees of future performance and\nactual results may differ materially from those in the forward-looking\nstatements.\n\nSuch statements and information are based on numerous assumptions regarding\npresent and future business strategies and the environment in which the\nCompany will operate in the future, including the price of metals, the ability\nto achieve its goals, that general business and economic conditions will not\nchange in a material adverse manner, that financing will be available if and\nwhen needed and on reasonable terms.\n\nSuch forward-looking information reflects the Company's views with respect to\nfuture events and is subject to risks, uncertainties and assumptions,\nincluding those filed under the Company's profile on SEDAR+ at\nwww.sedarplus.ca. Factors that could cause actual results to differ materially\nfrom those in forward looking statements include, but are not limited to,\ncontinued availability of capital and financing and general economic, market\nor business conditions, adverse weather and climate conditions, equipment\nfailures, failure to obtain or maintain all necessary government permits,\napprovals and authorizations, decrease in the price of uranium and other\nmetals, the impact of viruses and diseases on the Company's ability to\noperate, failure to obtain or maintain community acceptance, increase in\ncosts, litigation, and failure of counterparties to perform their contractual\nobligations.\n\nThe Company does not undertake to update forward‐looking statements or\nforward‐looking information, except as required by law.\n\nEnd of News Release\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/302226"},"type":"article","timestamp":"2026-06-19T20:30:11.370066151Z","server_sent_at_ms":1781901011370},"received_at":"2026-06-19T20:30:11.421Z","source_url":"https://www.newsfilecorp.com/release/302226"},"analysis":{"id":"58274","press_release_id":"68862","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["All-share deal implies immediate dilution of existing shareholders","Shares issued are subject to a 4-month statutory hold, limiting immediate liquidity"],"eventType":"m_and_a","narrative":"U92 Energy Corp. closed the acquisition of the complete historical technical dataset for its Kurupung Uranium Project in Guyana, following TSX Venture Exchange approval.\n\nThe all-share transaction involved issuing 1,030,927 common shares at a deemed price of $0.485 per share to the arm's-length vendor, with shares subject to a four-month statutory hold.\n\nThis move secures ownership of over a decade of exploration work, including 129,723 meters of drilling and historical mineral resources of 20.6 million pounds of U3O8, strengthening the technical foundation for an updated resource estimate and inaugural drill program.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"U92 secures full technical control of Kurupung uranium project via all-share deal, paving way for resource update and drilling."},"keyFigures":{"offeringPrice":0.485,"sharesOffered":1030927,"customDimensions":{"cut_off_grade_pct":0.03,"inferred_resource_pounds":10000000,"indicated_resource_pounds":10600000,"historical_drilling_metres":129723}},"quotedText":"Securing ownership of exploration work completed over more than a decade at Kurupung is a pivotal milestone that materially strengthens the project's technical foundation ahead of an updated mineral resource estimate and inaugural drill program.","namedEntities":{"people":[{"name":"Adam Clode","role":"Executive Chairman and CEO"}],"products":["Kurupung Uranium Project"],"companies":[{"name":"U92 Energy Corp.","ticker":"UTWO","relationship":"acquirer"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$0.485","context":"deemed price per share issued in transaction"}]},"materialImpact":{"score":3,"reasoning":"U92 closed an all-share acquisition of its flagship Kurupung project's historical dataset, securing full technical control ahead of a resource update and drill program. The deal involved issuing ~1.03M shares at $0.485, representing modest dilution but preserving cash for exploration."},"tickerRelevance":{"others":[],"primary":"UTWO"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"asset_acquisition","sectorWeight":"high","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"m_and_a","event_type_secondary":["dilution"],"sentiment":"bullish","material_impact_score":3,"narrative":"U92 Energy Corp. closed the acquisition of the complete historical technical dataset for its Kurupung Uranium Project in Guyana, following TSX Venture Exchange approval.\n\nThe all-share transaction involved issuing 1,030,927 common shares at a deemed price of $0.485 per share to the arm's-length vendor, with shares subject to a four-month statutory hold.\n\nThis move secures ownership of over a decade of exploration work, including 129,723 meters of drilling and historical mineral resources of 20.6 million pounds of U3O8, strengthening the technical foundation for an updated resource estimate and inaugural drill program.","key_figures":{"offeringPrice":0.485,"sharesOffered":1030927,"customDimensions":{"cut_off_grade_pct":0.03,"inferred_resource_pounds":10000000,"indicated_resource_pounds":10600000,"historical_drilling_metres":129723}},"named_entities":{"people":[{"name":"Adam Clode","role":"Executive Chairman and CEO"}],"products":["Kurupung Uranium Project"],"companies":[{"name":"U92 Energy Corp.","ticker":"UTWO","relationship":"acquirer"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$0.485","context":"deemed price per share issued in transaction"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-19T20:30:40.457Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap","eventGravity":"asset_acquisition","sectorWeight":"high","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":20135,"modelName":"george-droid-qwen-72b"}}