UraniumX Closes Option Agreement with Gold’n Futures

UraniumX Discovery Corp. has finalized an option agreement with Gold'n Futures Mineral Corp., granting Gold'n Futures the exclusive right to acquire a 100% interest in the NeoCore Uranium Property in Saskatchewan's Athabasca Basin. The agreement includes a 2% net smelter returns royalty retained by UraniumX. UraniumX received 580,000 common shares of Gold'n Futures as a part of the transaction.

Gold'n Futures can earn its interest over the next 36 months by issuing up to 11,580,000 common shares to UraniumX, making cash payments of $550,000, and investing $2,750,000 in exploration expenditures. The NeoCore Uranium Property, covering approximately 13,012 hectares, is strategically located near existing infrastructure. No mineral resource has been defined on the property.

All shares issued to UraniumX are subject to a four-month hold period under securities laws. UraniumX will manage the property during the option period. No finder's fees are associated with the transaction.