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Noble Plains Uranium Strengthens U.S. Growth Strategy with Veteran Leader Luke Norman as Strategic Advisor

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Noble Plains Uranium (OTCQB: NBLXF) announced the appointment of Luke Norman as Strategic Advisor on December 11, 2025, to support U.S. growth and project advancement in Wyoming.

Mr. Norman brings over 20 years of resource and capital-markets experience, having helped raise more than USD $300 million for mining companies and held senior roles at Gold Standard Ventures and U.S. Gold Corp. He led permitting progress for U.S. Gold Corp.'s CK Gold Project with major permitting successes in 2024, experience the company says is directly relevant to Noble Plains' Wyoming projects.

The company highlighted Wyoming's favorable permitting environment, its ISR-amenable deposits, strategic land position and “strong early drilling at Duck Creek” as assets that could benefit from Mr. Norman's capital-markets and permitting expertise amid strong uranium sector fundamentals and renewed U.S. policy support for domestic supply chains.

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Positive

  • Luke Norman brings 20+ years of sector experience
  • Raised over USD $300 million for mining enterprises
  • Permitting successes at CK Gold Project in 2024
  • Company reports strong early drilling at Duck Creek

Negative

  • None.

Key Figures

Capital raised over USD $300 million Capital raised by Luke Norman for mining enterprises
Industry experience over 20 years Luke Norman’s venture capital and resource sector experience
Permitting successes year 2024 Major permitting milestones at CK Gold Project in Wyoming

Market Reality Check

$0.1058 Last Close
Volume Volume 23,000 is below the 20-day average of 101,267 (relative volume 0.23), suggesting a modest pre-news positioning. low
Technical Price at 0.1002 is trading above the 200-day MA of 0.09 and remains 55.37% below the 52-week high with a gain of 300.8% versus the 52-week low.

Peers on Argus

NBLXF gained 3.3% while close uranium peers showed mixed moves, from declines in names like SUUFF (-11.33%) and TCEFF (-10.26%) to a smaller gain in AZURF (2.26%), indicating a stock-specific reaction rather than a broad sector move.

Historical Context

Date Event Sentiment Move Catalyst
Dec 09 Drill results update Positive +2.1% Reported 81% drill success rate with notable eU3O8 intercepts at Duck Creek.
Dec 01 Initial drill results Positive +3.1% First eight Duck Creek holes showed >87% hit ratio and strong GT metrics.
Nov 25 Drill permit granted Positive -9.2% Received 37,400-foot drill permit and launched multi-objective program in Wyoming.
Nov 03 CEO appointment Positive +1.0% Named Drew Zimmerman CEO, advancing U.S. ISR uranium portfolio in Wyoming.
Oct 08 Board appointment Positive -8.6% Added veteran uranium geologist Chris Healey to board to support Wyoming strategy.
Pattern Detected

Recent drilling and management news has often been positive in tone, but price reactions have been mixed, with some constructive updates followed by notable downside moves.

Recent Company History

Over the past months, Noble Plains Uranium has focused on advancing its Wyoming ISR projects and strengthening leadership. Drilling at Duck Creek progressed from permitting on Nov 25, 2025 to initial and follow-up results with high success rates and Grade‑Thickness metrics on Dec 1 and Dec 9. Management depth expanded with CEO Drew Zimmerman’s appointment on Nov 3, 2025 and veteran geologist Chris Healey joining the board on Oct 8, 2025. Today’s strategic advisor addition continues this management- and project-building trajectory in Wyoming.

Market Pulse Summary

This announcement highlights Noble Plains Uranium’s effort to deepen its leadership bench by adding a strategic advisor with over 20 years of sector experience and a track record of raising over USD $300 million. The hire complements recent drilling progress at Duck Creek and prior management additions focused on Wyoming ISR uranium projects. Investors may watch how this experience translates into permitting, stakeholder engagement, and financing outcomes amid what the company describes as strong uranium market fundamentals.

Key Terms

baseload technical
"nuclear power deployment as the only zero-carbon baseload source capable of underpinning"
Baseload is the minimum, steady level of electricity demand or supply that exists over a typical day or season, like the baseline heartbeat of the power grid. Investors care because assets that reliably meet baseload — such as certain power plants or long-term contracts — provide predictable revenue and lower risk, while shortfalls or oversupply at this level can drive price swings and affect valuations.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2025) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0) ("Noble Plains" or the "Company") a U.S. focused uranium exploration and development company, is pleased to announce the appointment of Mr. Luke Norman as a Strategic Advisor. Mr. Norman brings extensive capital-markets, corporate development, and permitting experience to bolster Noble Plains as the Company advances its portfolio of uranium projects in Wyoming.

"I am honoured to join Noble Plains at this critical juncture. Wyoming is a jurisdiction I know well, and I look forward to leveraging my experience in capital markets and project advancement to help drive value for the Company and its shareholders," stated Mr. Norman. "With uranium's outlook stronger than ever, Noble Plains is exceptionally well-positioned to benefit from the nuclear renaissance in the U.S. and globally."

Mr. Norman is a seasoned growth executive with over 20 years' experience in the venture capital and resource sectors. He has been instrumental in raising over USD $300 million for public and private mining enterprises, and has held senior leadership roles, including co-founding Gold Standard Ventures and U.S. Gold Corp., and serving as Chairman of U.S. Gold Corp. and Silver One Resources.

Among his notable achievements is his leadership overseeing the advancement of U.S. Gold Corp.'s CK Gold Project in Wyoming through major permitting successes secured in 2024, stakeholder engagement, and near-development stages, all insights that are directly relevant to Noble Plains' ambitions in the same state.

"Luke brings a rare combination of capital markets credibility, project permitting experience in Wyoming, and deep domain knowledge of resource project development. His addition strengthens the strategic bench at Noble Plains, enhancing our ability to capitalise on available financing and to navigate regulatory pathways as we move toward resource definition and project advancement," said Drew Zimmerman, CEO of Noble Plains Uranium. "At a time when the uranium market is enjoying its strongest fundamentals in decades, we believe Luke's experience will help accelerate our growth path."

Uranium Sector Tailwinds

Mr. Norman's appointment comes at a moment of historic strength for the uranium sector. After more than a decade of underinvestment, governments are now accelerating nuclear power deployment as the only zero-carbon baseload source capable of underpinning renewable energy growth while ensuring national energy security. Nowhere is this trend more pronounced than in the United States, where federal policy is explicitly focused on rebuilding a secure, domestic uranium supply chain.

Wyoming's ISR-amenable uranium deposits and supportive regulatory environment create one of the strongest development jurisdictions in the United States. As utilities return to long-term contracting in a tightening market, the advantage shifts decisively to producing and emerging ISR developers. With its strategic land position and strong early drilling at Duck Creek, Noble Plains is building meaningful leverage to this uranium cycle as it advances its projects resource growth and future production opportunities.

About Noble Plains Uranium

Noble Plains Uranium Corp. is a U.S.-focused uranium exploration and development company advancing a portfolio of high-potential projects amenable to In Situ Recovery (ISR) - the most capital-efficient and environmentally responsible method of uranium extraction. Our strategy targets historically drilled and underexplored assets in proven jurisdictions, with the objective of rapidly delineating NI 43-101-compliant resources and building a scalable inventory of domestic uranium.

On Behalf of the Board of Directors,

"Drew Zimmerman", President & CEO

For further information, please contact: Drew Zimmerman: (778) 686-0973
Website: www.nobleplains.com

Bradley Parkes, P.Geo., VP Exploration of Noble Plains Uranium Corp., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release.

This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements include, but are not limited to, statements regarding the Company's plans for the advancement of its uranium projects in Wyoming, expectations related to resource growth and future production opportunities, the anticipated benefits of Mr. Norman's appointment, and the Company's views on uranium market conditions. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including but not limited to: the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277696

FAQ

Who is the new strategic advisor for Noble Plains (NBLXF) and when was he appointed?

Luke Norman was appointed Strategic Advisor on December 11, 2025.

What experience does Luke Norman bring to Noble Plains (NBLXF)?

He has over 20 years in venture capital and resources and helped raise > USD $300 million for mining companies.

How is Luke Norman's 2024 permitting experience relevant to Noble Plains (NBLXF)?

He led permitting advances for U.S. Gold Corp.'s CK Gold Project with major permitting successes in 2024, experience described as relevant for Wyoming projects.

What assets or projects at Noble Plains does the appointment target?

The advisor role targets Noble Plains' Wyoming portfolio, including early drilling and land positions at Duck Creek.

How might the appointment affect Noble Plains (NBLXF) shareholder value?

The company says his capital-markets and permitting expertise could help access financing and advance projects, potentially accelerating growth for shareholders.
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