Uraniumx Discovery Corp. Announces Acquisition of Common Shares of Gold'n Futures Mineral Corp

Rhea-AI Summary

UraniumX Discovery Corp. (OTC:STMXF) acquired 580,000 common shares of Gold'n Futures Mineral Corp (CSE:FUTR) on June 17, 2026. The shares, deemed at $0.27 each for total consideration of $156,600, were issued as partial payment for an option on the NeoCore property in Saskatchewan.

Following the transaction, UraniumX holds about 19.70% of Gold'n Futures' 2,943,838 outstanding shares. The shares are subject to a Canadian statutory hold and a CSE-imposed extended hold tied to filing a NI 43-101 technical report.

Positive

• UraniumX receives 580,000 Gold'n Futures shares valued at $156,600 with no cash paid
• Stake represents approximately 19.70% of Gold'n Futures’ 2,943,838 outstanding common shares
• Share consideration compensates UraniumX for granting NeoCore property option to Gold'n Futures

Negative

• 580,000 Gold'n Futures shares face at least a four-month-plus-one-day statutory hold
• Additional CSE-imposed extended hold delays free tradability until after NI 43-101 report filing

News Market Reaction – STMXF

-28.53%

-28.53% Session close to close

In the Jun 22 session, STMXF declined 28.53%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

VANCOUVER, BC / ACCESS Newswire / June 18, 2026 / UraniumX Discovery Corp. (the "Acquiror") announces that it has acquired ownership of, and control and direction over, common shares ("Common Shares") of Gold'n Futures Mineral Corp. (the "Issuer"), a reporting issuer whose Common Shares trade on the Canadian Securities Exchange (the "CSE") under the symbol "FUTR".

On June 17, 2026, the Acquiror acquired 580,000 Common Shares, which were issued from the treasury of the Issuer as partial consideration for the grant to the Issuer of an option to acquire a 100% interest in the NeoCore property located in Saskatchewan, pursuant to a property option agreement dated May 11, 2026, as amended on June 15, 2026, among the Issuer, the Acquiror and the Acquiror's wholly-owned subsidiary, Neocore Uranium Ltd. (the "Option Agreement"). The Common Shares were ascribed a deemed value of $0.27 per Common Share, being $156,600 in the aggregate. No cash consideration was paid by the Acquiror.

Immediately before the acquisition, the Acquiror did not own, or exercise control or direction over, any Common Shares. Immediately after the acquisition, the Acquiror has ownership of, and exercises control and direction over, 580,000 Common Shares, representing approximately 19.70% of the 2,943,838 Common Shares issued and outstanding.

The Common Shares were issued to the Acquiror as partial consideration under the Option Agreement and are held by the Acquiror for investment purposes. The Acquiror may, depending on market conditions, general economic and industry conditions, the Issuer's business, financial condition and prospects, and other factors that the Acquiror considers relevant from time to time, increase or decrease its beneficial ownership of, or control or direction over, securities of the Issuer through market transactions, private agreements, treasury issuances, exercises of convertible securities, or otherwise.

The Common Shares are subject to a statutory hold period of four months and one day under applicable Canadian securities laws and to a CSE-imposed extended hold, under which they will not be freely tradeable until the greater of (i) four months from the date of issuance and (ii) the date that is 10 days following the filing of a technical report in respect of the property prepared in accordance with National Instrument 43-101.

This news release is being issued pursuant to the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed under the Acquiror's profile on SEDAR+ (www.sedarplus.ca) containing additional information with respect to the foregoing matters. A copy of the early warning report to which this news release relates will be available on the Issuer's SEDAR+ profile at www.sedarplus.ca.

The head office of the Issuer is located at 408 - 55 Water Street, Vancouver, BC V6B 1A1. The address of the Acquiror is 170 - 422 Richards Street, Vancouver, BC V6B 2Z4.

For further information, or to obtain a copy of the early warning report, please contact:

UraniumX Discovery Corp.
Esen Boldkhuu, Chief Executive Officer
Email: info@uraniumx.ca
Telephone: (604) 377-8994
Website: https://uraniumx.ca/

SOURCE: UraniumX Discovery Corp.

View the original press release on ACCESS Newswire

FAQ

What did UraniumX Discovery Corp. (STMXF) announce about acquiring Gold'n Futures shares on June 18, 2026?

UraniumX announced it acquired 580,000 common shares of Gold'n Futures as partial consideration for a property option. According to UraniumX Discovery Corp., the shares were issued from treasury in connection with an option on the NeoCore property in Saskatchewan.

How large is UraniumX Discovery Corp.’s ownership stake in Gold'n Futures after the June 2026 transaction?

After the transaction, UraniumX holds 580,000 Gold'n Futures common shares, representing about 19.70% of outstanding shares. According to UraniumX Discovery Corp., this percentage is based on 2,943,838 Gold'n Futures common shares issued and outstanding immediately following the issuance.

What was the deemed value of the Gold'n Futures shares issued to UraniumX Discovery Corp. (STMXF)?

The 580,000 Gold'n Futures shares issued to UraniumX were deemed to be worth $0.27 per share. According to UraniumX Discovery Corp., this implies aggregate share consideration of $156,600, with no cash consideration paid by UraniumX for this share issuance.

Why did Gold'n Futures issue 580,000 shares to UraniumX Discovery Corp. in June 2026?

Gold'n Futures issued the shares as partial consideration for an option to acquire 100% of the NeoCore property. According to UraniumX Discovery Corp., the option agreement involves UraniumX and its wholly owned subsidiary Neocore Uranium under a May 11, 2026 agreement, amended June 15, 2026.

Are the Gold'n Futures shares held by UraniumX Discovery Corp. freely tradeable immediately?

No, the Gold'n Futures shares are subject to both statutory and CSE-imposed hold periods. According to UraniumX Discovery Corp., they cannot trade freely until at least four months plus one day and 10 days after a NI 43-101 technical report is filed, whichever is later.

What is the investment intent of UraniumX Discovery Corp. regarding its Gold'n Futures (FUTR) shareholding?

UraniumX holds the Gold'n Futures shares for investment purposes and may adjust its position over time. According to UraniumX Discovery Corp., any increase or decrease could occur via market transactions, private agreements, new treasury issuances, or exercises of convertible securities.

Where can investors find the early warning report related to UraniumX Discovery Corp.’s acquisition of Gold'n Futures shares?

Investors can access the related early warning report on SEDAR+ under the relevant issuer profiles. According to UraniumX Discovery Corp., the report is filed under UraniumX’s profile, and a copy will also be available under Gold'n Futures’ SEDAR+ profile.