Uranium One Mining Expands Canadian Portfolio with Strategic Acquisitions

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1. Disclosure for the quote from the John Newell article published on February 25, 2026

1. For the quoted article (published on February 265, 2026), Uranium One Mining Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,050.
2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.

2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.

The global push toward cleaner baseload power is creating sustained interest in uranium as nuclear capacity expands. Retail investors tracking energy transition themes are watching companies that can add high-potential exploration ground in stable jurisdictions.

On June 19, 2026, Uranium One Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) entered into a share exchange agreement with 1583644 B.C. Ltd. ("NumberCo") and the shareholders of NumberCo, pursuant to which Uranium One will acquire all of the issued and outstanding shares of NumberCo. In connection with the transaction, NumberCo has agreed to acquire a 100% interest in two Canadian mineral properties: the Foghorn Property, a historical polymetallic exploration project in British Columbia covering approximately 614 hectares (1,517 acres), and the Pasfield Lake Property, a prospecting permit covering approximately 4,400 hectares (10,873 acres) in northeastern Saskatchewan. The share exchange and property acquisitions are expected to close concurrently.

Why Uranium One Stands Out in a Tight Uranium Market

Uranium One Mining Corp. is a Canadian exploration company focused on the development of uranium projects and select battery metals assets, operating in Canada, Paraguay, and Argentina.

The pending acquisitions give the company exposure to two underexplored districts in British Columbia and Saskatchewan, jurisdictions known for transparent permitting and established mining infrastructure. This move broadens a portfolio that already includes the Brussels Creek project in British Columbia and the Redonda copper-molybdenum project.

Key Assets and Exploration Pipeline

The Foghorn property consists of approximately 40 Crown-granted mineral claims. Historical work on the ground included geological mapping, drilling, underground development, and metallurgical testing that pointed to uranium, fluorite, and other critical minerals. The Pasfield Lake property lies northwest of the Collins Bay mining area and the Cigar Lake mine within a recognized uranium district; past exploration identified uranium potential, although modern programs have been limited.

Once the transactions close, Uranium One plans to begin systematic exploration on both new properties while continuing work at Brussels Creek and Redonda. Staged programs typically start with data compilation and geophysical surveys before advancing to drilling, allowing capital to be deployed efficiently.

Industry Timing and Structural Supply Dynamics

Uranium serves as the fuel for nuclear reactors that generate low-emission electricity. The International Atomic Energy Agency projects that global nuclear capacity could double by 2050, reaching between 561 gigawatts and 992 gigawatts.

In May 2025, the U.S. issued a series of executive orders aimed at quadrupling domestic nuclear capacity to 400 gigawatts by 2050, from roughly 100 gigawatts today.

"The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers," reported Equity Insider on May 14, 2026. That structural import dependence, combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates, has placed domestic uranium development firmly into the national security conversation.

Analyst Views and Price Targets

¹In February 2026 article, John Newell of John Newell & Associates gave Uranium One a "Speculative Buy" rating, noting that "...when a junior begins to align operational progress with technical momentum, it deserves a fresh look."

Newell assigned a short-term price target of CA$0.60, a mid-term target of CA$0.90, and a long-term target of CA$1.50.

Share Structure and Ownership Profile

Uranium One Mining Corp. has a market cap of CA$15.50 million, with 40.25 million shares outstanding. The company's 52-week range is CA$0.27-CA$2.31.

¹Institutions own 0.01% of shares, while Management & Insiders own 3.44%. The remaining 96.55% of shares are Retail.

Key Investor Takeaways

• The pending acquisitions add two Canadian uranium exploration properties to an existing portfolio spanning multiple countries.
• Foghorn and Pasfield Lake bring historical data and district-scale land positions in established uranium regions.
• Nuclear capacity forecasts from the IAEA and U.S. policy targets support long-term uranium demand growth.
• Analyst price targets range from CA$0.60 short-term to CA$1.50 long-term under a Speculative Buy rating.
• Share structure remains retail-dominated, with modest insider ownership providing alignment.

Common Questions from Investors

Q: What is a Crown-granted mineral claim?
A: It is a form of mineral tenure in British Columbia that grants the holder subsurface rights subject to annual maintenance requirements.

Q: How does the company plan to fund upcoming exploration?
A: Management has not disclosed specific financing details; investors should monitor future news releases for updates on work programs and funding.

Q: Are the acquisitions subject to regulatory approval?
A: Yes, the share exchange and property acquisitions are expected to close concurrently once all conditions, including any required approvals, are satisfied.

Q: Which other projects remain in the current portfolio?
A: The company continues exploration at the Brussels Creek gold-copper project and the Redonda copper-molybdenum project in British Columbia.

The combination of new Saskatchewan and British Columbia ground with existing assets positions Uranium One to participate in multiple phases of the uranium cycle as nuclear demand trends develop.