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Urano Energy Strengthens Board of Directors with the Appointment of John Hamrick

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Urano Energy (OTCQB: UECXF) has appointed John Hamrick as a new Director to its Board, effective July 3, 2025. Hamrick brings over 40 years of experience in metallurgy, environmental health and safety, and process optimization, particularly in uranium operations.

The company granted Hamrick 400,000 stock options at $0.10 CDN, vesting over 18 months with 25% immediate vesting and subsequent 25% portions every 6 months. Concurrent with Hamrick's appointment, Board members Trey Wasser and Lori Walton will transition to advisory roles.

Hamrick's extensive background includes leadership positions at Umetco Minerals, Energy Metals Corp., and Cotter Corporation, along with serving as Chairman of the Uranium Environmental Subcommittee of the National Mining Association.

Urano Energy (OTCQB: UECXF) ha nominato John Hamrick come nuovo Direttore del Consiglio di Amministrazione, con effetto dal 3 luglio 2025. Hamrick vanta oltre 40 anni di esperienza in metallurgia, salute e sicurezza ambientale, e ottimizzazione dei processi, in particolare nelle operazioni di uranio.

L'azienda ha assegnato a Hamrick 400.000 stock option a 0,10 dollari canadesi, con un vesting distribuito su 18 mesi: il 25% immediatamente e successivi 25% ogni 6 mesi. Contestualmente alla nomina di Hamrick, i membri del Consiglio Trey Wasser e Lori Walton passeranno a ruoli di consulenza.

Il vasto background di Hamrick include posizioni di leadership presso Umetco Minerals, Energy Metals Corp. e Cotter Corporation, oltre a ricoprire il ruolo di Presidente del Sottocomitato Ambientale sull'Uranio della National Mining Association.

Urano Energy (OTCQB: UECXF) ha designado a John Hamrick como nuevo Director de su Junta Directiva, con efecto a partir del 3 de julio de 2025. Hamrick aporta más de 40 años de experiencia en metalurgia, salud y seguridad ambiental, y optimización de procesos, especialmente en operaciones de uranio.

La compañía otorgó a Hamrick 400,000 opciones sobre acciones a $0.10 CAD, con un plan de adquisición de derechos durante 18 meses, con un 25% inmediato y sucesivos tramos del 25% cada 6 meses. Paralelamente al nombramiento de Hamrick, los miembros de la Junta Trey Wasser y Lori Walton pasarán a roles consultivos.

La amplia trayectoria de Hamrick incluye cargos de liderazgo en Umetco Minerals, Energy Metals Corp. y Cotter Corporation, además de haber sido Presidente del Subcomité Ambiental de Uranio de la National Mining Association.

Urano Energy (OTCQB: UECXF)는 2025년 7월 3일부로 John Hamrick을 이사회 신규 이사로 임명했습니다. Hamrick은 우라늄 작업을 중심으로 금속학, 환경 보건 및 안전, 공정 최적화 분야에서 40년 이상의 경력을 보유하고 있습니다.

회사는 Hamrick에게 400,000주 스톡옵션을 주당 0.10 캐나다 달러로 부여했으며, 18개월 동안 25%는 즉시 행사 가능하고 이후 6개월마다 25%씩 행사 권리가 부여됩니다. Hamrick 임명과 동시에 이사회 멤버 Trey Wasser와 Lori Walton은 자문 역할로 전환할 예정입니다.

Hamrick의 폭넓은 경력에는 Umetco Minerals, Energy Metals Corp., Cotter Corporation에서의 리더십 역할과 National Mining Association의 우라늄 환경 소위원회 의장직이 포함됩니다.

Urano Energy (OTCQB : UECXF) a nommé John Hamrick en tant que nouveau Directeur au sein de son Conseil d'administration, à compter du 3 juillet 2025. Hamrick apporte plus de 40 ans d'expérience en métallurgie, santé et sécurité environnementales, ainsi qu'en optimisation des procédés, notamment dans les opérations liées à l'uranium.

La société a accordé à Hamrick 400 000 options d'achat d'actions au prix de 0,10 $ CA, avec une acquisition des droits sur 18 mois : 25 % immédiatement, puis 25 % tous les 6 mois. Parallèlement à la nomination de Hamrick, les membres du Conseil Trey Wasser et Lori Walton passeront à des rôles consultatifs.

Le parcours étendu de Hamrick comprend des postes de direction chez Umetco Minerals, Energy Metals Corp. et Cotter Corporation, ainsi que la présidence du Sous-comité environnemental sur l'uranium de la National Mining Association.

Urano Energy (OTCQB: UECXF) hat John Hamrick mit Wirkung zum 3. Juli 2025 als neues Vorstandsmitglied berufen. Hamrick bringt über 40 Jahre Erfahrung in Metallurgie, Umweltgesundheit und Sicherheit sowie Prozessoptimierung mit, insbesondere im Bereich Uranbetrieb.

Das Unternehmen gewährte Hamrick 400.000 Aktienoptionen zu 0,10 CAD, die über 18 Monate mit einer sofortigen Vesting-Quote von 25 % und anschließend jeweils 25 % alle 6 Monate gestaffelt sind. Zeitgleich mit Hamricks Ernennung werden die Vorstandsmitglieder Trey Wasser und Lori Walton in beratende Funktionen wechseln.

Hamricks umfangreiche Erfahrung umfasst Führungspositionen bei Umetco Minerals, Energy Metals Corp. und Cotter Corporation sowie den Vorsitz des Uran-Umweltausschusses der National Mining Association.

Positive
  • Appointment of highly experienced director with 40+ years in uranium and metallurgy operations
  • New director brings extensive regulatory and compliance expertise through leadership in National Mining Association
  • Strategic retention of departing board members as advisors maintains continuity
Negative
  • Departure of two current board members from their director positions
  • Dilutive effect of 400,000 new stock options granted at $0.10 CDN

CSE: UE
OTCQB: UECXF
www.uranoenergy.com

VANCOUVER, BC, July 8, 2025 /PRNewswire/ - Urano Energy Corp, (CSE: UE) (OTCQB: UECXF) (the "Company" or "Urano Energy") announced today the appointment of Mr. John Hamrick as a Director of the Board effective July 3, 2025.

William M. Sheriff, Chairman, stated: "On behalf of the Urano Energy Board of Directors I am pleased to welcome John to the Urano team. I have known John since 1986 when he was overseeing many of the affairs of Union Carbide including the disposition of the Union Carbide worldwide database which I purchased. I have followed his career closely, particularly in the uranium space, and believe his extensive knowledge and senior level management experience will be invaluable in guiding our growth in the future. We look forward to benefiting from his insights and expertise to create long-term value for our stakeholders."

John Hamrick, Director
Mr. Hamrick is a metallurgical engineer with over 40 years of experience in metallurgy, environmental health and safety, permitting and licensing, and process optimization, with a focus on uranium, copper, and tungsten milling operations. He has a proven track record of improving metallurgical performance, enhancing environment, health and safety, meeting construction timelines and budgets, and achieving cost reductions through targeted process improvements.

Mr. Hamrick has held senior leadership positions at notable organizations including Umetco Minerals Corporation, Energy Metals Corp., and Cotter Corporation, where he played a key role in advancing operational efficiency and regulatory compliance.  He also served as Chairman of the Uranium Environmental Subcommittee of the National Mining Association, where he led industry engagement with federal regulators and presented proposed changes to the Environmental Protection Agency and Nuclear Regulatory Commission.

In addition to his industry accomplishments, Mr. Hamrick has demonstrated long-standing interest in serving communities which includes serving as Cañon City Mayor Pro Tem, a city councillor, and chair or member of numerous boards and commissions. This deep community engagement enhances his ability to align operational goals with local priorities and public trust. He is also a published author on uranium site decommissioning and Western U.S. mining history.

Stock Option Grant
In accordance with the appointment, Mr. Hamrick has been granted 400,000 stock options at a price of $0.10CDN, effective July 7, 2025.  The stock options vest over a period of eighteen months, with 25% vesting immediately and 25% vesting every 6 months thereafter until fully vested.

In conjunction with the appointment of Mr. Hamrick, Trey Wasser and Lori Walton will be stepping down from the Company's Board of Directors to transition into advisory roles. Both individuals have been instrumental in guiding Urano through critical phases of its development, and we are pleased that they will remain actively involved with the Company.

About Urano Energy Corp.
Urano Energy is a mineral exploration company which holds numerous advanced conventional uranium projects hosting historic resources and mining lode claims in the Colorado Plateau, a region with a rich history of uranium and vanadium mining. As the need and support for domestic uranium and nuclear energy in the United States advances, Urano Energy is well positioned to complete the necessary work to advance permitting for key projects.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties and can be identified by the use of forward-looking terminology such as "expected", "will be", "anticipated", "may" or variations of such words and phrases or statements that certain actions, events or results "will" occur. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

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SOURCE Urano Energy Corp.

FAQ

Who is John Hamrick and what experience does he bring to Urano Energy (UECXF)?

John Hamrick is a metallurgical engineer with over 40 years of experience in metallurgy, environmental health and safety, and uranium operations. He has held senior positions at Umetco Minerals, Energy Metals Corp., and Cotter Corporation.

What stock options were granted to John Hamrick by Urano Energy?

Hamrick was granted 400,000 stock options at $0.10 CDN per share, vesting over 18 months with 25% immediate vesting and 25% every 6 months thereafter.

When does John Hamrick's appointment as Director of Urano Energy take effect?

John Hamrick's appointment as Director of Urano Energy took effect on July 3, 2025.

Which board members are stepping down from Urano Energy's Board of Directors?

Trey Wasser and Lori Walton are stepping down from their Director positions to transition into advisory roles with the company.

What is John Hamrick's background in uranium industry regulation?

Hamrick served as Chairman of the Uranium Environmental Subcommittee of the National Mining Association, leading industry engagement with federal regulators and presenting proposed changes to the EPA and Nuclear Regulatory Commission.
Urano Energy

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