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Fusion Fuel (NASDAQ: HTOO) outlines Huemul uranium royalty strategy via Royal Uranium deal

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Fusion Fuel Green PLC furnished an update highlighting exploration progress reported by Jaguar Uranium at the Huemul uranium-copper-vanadium project in Argentina and linking it to Fusion Fuel’s planned acquisition of Royal Uranium. That deal is expected to give Fusion Fuel a 1.0% net smelter return royalty on potential future Huemul production, meaning it could receive a share of future project revenue without funding exploration or operations.

The Huemul Project covers 27,350 hectares around Argentina’s first producing uranium mine. Jaguar reports visible surface mineralization, a potential 4-kilometer copper trend at the Uryco zone, first-ever sampling of historic mine dumps, and 200 rock samples submitted for assay, with results pending. Fusion Fuel stresses that all technical data come from Jaguar and have not been independently verified, and it provides extensive risk disclosures around exploration uncertainty, commodity prices, regulation, political conditions, and completion of the Royal Uranium share exchange.

Positive

  • None.

Negative

  • None.
NSR royalty interest 1.0% NSR Believed royalty on Huemul Project via Royal Uranium
Project area 27,350 hectares Huemul uranium-copper-vanadium project land package
Rock samples 200 rock samples Collected by Jaguar and submitted for assay at Huemul
Potential copper trend length 4-kilometer copper trend Identified at the Uryco zone at Huemul
Historical uranium grade 0.21% uranium Average historical head grade cited by Jaguar for Huemul
Historical copper grade 2.0% copper Average historical head grade cited by Jaguar for Huemul
Historical vanadium grade 0.11% vanadium Average historical head grade cited by Jaguar for Huemul
net smelter return financial
"is believed to hold a 1.0% net smelter return (“NSR”) royalty interest"
Net smelter return is the percentage of revenue from selling a mineral or metal that a mining company or project owner receives after deducting costs like refining and transportation. It functions like a share of the profits from the mineral's sale, giving investors an idea of how much money the project generates. This measure helps investors assess the potential profitability of a mining asset.
NSR royalty financial
"Under the NSR royalty structure, following completion of the planned Royal Uranium transaction"
A net smelter return (NSR) royalty is a payment to a rights holder equal to a fixed percentage of the money a mine actually receives from selling refined metal, after the costs of turning ore into a saleable product are taken out. Think of it like a toll collected on each shipment after it’s been cleaned and sold. For investors, NSR royalties matter because they create a steady revenue stream with lower operational risk for the royalty holder, while reducing the owner-operator’s share of project cash flow and affecting project valuation.
forward-looking statements regulatory
"This press release includes “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Share Exchange Agreement financial
"the Company entered into a Share Exchange Agreement, dated as of February 18, 2026"
A share exchange agreement is a legal deal where shareholders trade their shares in one company for shares in another, commonly used in mergers, acquisitions or corporate reorganizations. Think of it like swapping ownership cards in a game: the swap can change who controls the business, how many shares each person owns, and the value and liquidity of those holdings, so investors need to understand the exchange ratio, potential dilution and long-term impact on value and voting power.
critical minerals other
"including the U.S.-Argentina Critical Minerals Framework and Jaguar’s 2026 collaboration agreement"
Materials needed to build modern technologies—like batteries, electronics, renewable energy systems and defense equipment—that have few easy substitutes and often come from a small number of countries or mines. Investors care because their supply can be disrupted, expensive or slow to increase, which affects the cost, availability and growth prospects of companies and industries that rely on them; think of them as critical spare parts for the global economy.
royalty platform financial
"strategy to establish a diversified energy commodity royalty platform with exposure to critical energy resources"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: June, 2026.

 

Commission File Number: 001-39789

 

Fusion Fuel Green PLC

(Translation of registrant’s name into English)

 

9 Pembroke Street Upper

Dublin D02 KR83

Ireland

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On June 4, 2026, Fusion Fuel Green PLC, an Irish public limited company (the “Company”), issued a press release relating to a press release dated June 2, 2026 by Jaguar Uranium Corp., a company incorporated under the laws of British Columbia, Canada (“Jaguar”), in connection with an exploration program at the Huemul Uranium-Copper-Vanadium Project (the “Huemul Project”) in the Province of Mendoza, Argentina, a project in which Royal Uranium Inc., a company incorporated under the laws of British Columbia, Canada (“Royal Uranium”), is believed to hold a 1.0% net smelter return (“NSR”) royalty interest. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K. As previously disclosed in a Report on Form 6-K/A furnished with the U.S. Securities and Exchange Commission (the “SEC”) on February 18, 2026, the Company entered into a Share Exchange Agreement (the “Share Exchange Agreement”), dated as of February 18, 2026, among the Company and certain shareholders of Royal Uranium, pursuant to which the Company will acquire up to 100% of the issued and outstanding shares in the capital of Royal Uranium. The closing of the transactions contemplated under the Share Exchange Agreement remains subject to the satisfaction of certain closing conditions.

 

The press release attached as Exhibit 99.1 hereto references certain statements, observations, and data reported by Jaguar in its press release dated June 2, 2026. All such statements, observations, and data are solely those of Jaguar and are not made by, adopted by, or attributable to the Company in any manner. The Company has not independently verified any of the information reported by Jaguar and makes no representation or warranty, express or implied, as to the accuracy, completeness, or reliability of such information. Investors should not rely on any statement made by Jaguar as having been made or endorsed by the Company.

 

Forward-Looking Statements

 

The press release attached as Exhibit 99.1 hereto and the statements contained therein include “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Such forward-looking statements include, but are not limited to, statements regarding the scope, timing and results of Jaguar’s planned exploration activities at the Huemul Project, including the pending assay results from the 200-sample rock sampling program; interpretation and significance of visual field observations and their consistency with historical records; the potential extent, continuity, and economic significance of observed mineralization, including the potential 4-kilometer copper trend at the Uryco zone area of the Huemul Project; the continuing relevance of the historical significance and the exploration potential of the Huemul Project and surrounding district; the anticipated phases and objectives of Jaguar’s exploration plans; the Company’s expected completion of the planned acquisition of a controlling interest in Royal Uranium pursuant to the Share Exchange Agreement and the expected benefits thereof, including the Company’s expectation to gain capital-efficient royalty exposure to potential future production at the Huemul Project; the Company’s expectation to receive a percentage of revenue from any future mineral production at the Huemul Project under the NSR royalty structure, net of certain deductions, without bearing direct exploration, development, or operating costs; statements regarding the supportive policy backdrop for the Huemul Project, including the U.S.-Argentina Critical Minerals Framework and Jaguar’s 2026 collaboration agreement with the Province of Mendoza; statements regarding the strategic importance of the Huemul Project as a royalty asset within Royal Uranium’s portfolio; and the Company’s strategy to establish a diversified energy commodity royalty platform with exposure to critical energy resources. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: the risk that assay results from Jaguar’s 200-sample rock sampling program may not confirm preliminary visual field observations or may indicate grades, continuity, or mineralization characteristics materially different from those suggested by historical records; the preliminary and qualitative nature of visual field observations, which do not establish the presence of mineralization of economic grade or continuity; the risk that mineralization observed at surface may not be continuous, may not extend to depth, or may not be of sufficient grade or tonnage to support economic extraction; the availability, accuracy, and completeness of historical data, including historical head grades, which have not been independently verified by Jaguar and should not be treated as current mineral resources or mineral reserves; the outcome of environmental and regulatory review processes; the availability of qualified personnel, contractors and equipment; access to exploration sites; political, legal and regulatory conditions in Argentina and the United States; market conditions and commodity prices, including volatility in uranium and natural gas commodity prices, which directly affect the potential value of NSR and other royalty interests; the availability of financing on acceptable terms; other risks described under “Risk Factors” in Jaguar’s Registration Statement on Form S-1 (File No. 333-292006), as amended, and in subsequent filings with the SEC; the ability of the parties to the Share Exchange Agreement to complete the transaction, the Company’s ability to integrate Royal Uranium’s assets into its business, the ability of the parties to obtain any required consents and approvals in connection with the transaction, including the approval of the Company’s shareholders, and to meet all other closing conditions; the realization of revenues from the assets of Royal Uranium, including its royalties, which may depend on, among other things, the commercial development of uranium, the receipt and maintenance of exploration, mining, and environmental permits and approvals by the operators of the underlying properties, regulatory approval, and market demand for uranium; volatility in uranium commodity prices, which directly affect the potential value of NSR and other royalty interests; the risk that operators of royalty-bearing properties may delay, suspend, or abandon exploration or development activities due to insufficient funding, unfavorable economic conditions, technical challenges, or regulatory obstacles; the possibility that exploration activities, including those authorized under recently obtained permits, may not result in the discovery of commercially viable mineral deposits or hydrocarbon reserves; the dependence of the Company on third-party operators over whom it has no operational control, including decisions regarding the pace, scope, and method of exploration and development; the risk that changes in mining, environmental, or energy laws and regulations in the jurisdictions where the royalty assets are located, including Argentina, may adversely affect the feasibility or economics of the underlying projects; political, economic, and social risks associated with operating in foreign jurisdictions, including currency controls, expropriation, nationalization, and changes in fiscal regimes; the risk that royalty agreements may be subject to disputes regarding their scope, enforceability, or the calculation of permitted deductions from gross revenues; competition from existing or new offerings that may emerge; impacts from strategic changes to the Company’s business on net sales, revenues, income from continuing operations, or other results of operations; the Company’s ability to obtain sufficient funding to maintain operations and develop additional services and offerings; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025, and other filings with the SEC. Should any of these risks or uncertainties materialize or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Exhibit No.   Description
99.1   Press Release dated June 4, 2026

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Fusion Fuel Green PLC
  (Registrant)
   
Date: June 4, 2026 /s/ Frederico Figueira de Chaves
  Frederico Figueira de Chaves
  Chief Executive Officer, Interim Chief Financial Officer and Chief Strategy Officer

 

 

 

 

Exhibit 99.1

 

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AI-generated content may be incorrect.

 

Fusion Fuel Highlights Jaguar Uranium’s Surface Uranium-Copper-Vanadium Findings at Huemul Project; Planned Royal Uranium Acquisition Expected to Provide 1.0% NSR Royalty Exposure

 

Huemul Project is centered on Argentina’s first producing uranium mine; Jaguar reports visible surface mineralization, a potential 4-kilometer copper trend, first-ever sampling of historic mine dumps, and 200 rock samples submitted for assay

 

Dublin, Ireland, June 4, 2026 (GLOBE NEWSWIRE) - Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today highlighted exploration progress reported by Jaguar Uranium Corp. (“Jaguar”) at the Huemul Uranium-Copper-Vanadium Project (the “Huemuel Project”) in Mendoza Province, Argentina, a project in which Royal Uranium Inc. (“Royal Uranium”) is believed to hold a 1.0% net smelter return (“NSR”) royalty interest. Fusion Fuel’s previously announced planned acquisition of a controlling interest in Royal Uranium is expected to provide the Company with royalty exposure to the Huemul Project, a 27,350-hectare district-scale project centered on Argentina’s first producing uranium mine.

 

According to a press release issued by Jaguar on June 2, 2026, its recent field campaign at the Huemul Project observed visible uranium-copper-vanadium mineralization at surface, identified a potential 4-kilometer copper trend, and indicated that uranium, copper, and vanadium mineralization appear, based on visual inspection and historical data, to be contained in historic mine dumps that were assessed for the first time. Jaguar also reported that 200 rock samples have been collected and submitted for laboratory analysis, with assay results pending.

 

Key developments reported by Jaguar include:

 

  Visible uranium-copper-vanadium mineralization observed at surface, with assay results pending;
  200 rock samples collected and submitted for laboratory analysis across prospective targets;
  A potential 4-kilometer copper trend identified at the Uryco zone;
  Historic mine dumps sampled for the first time, representing a previously untested area for further evaluation;
  Historical records indicating average head grades of approximately 0.21% uranium, 2.0% copper, and 0.11% vanadium, subject to Jaguar’s caution that these historical results have not been independently verified; and
  Project location within a district anchored by Argentina’s first producing uranium mine, which operated from 1955 to 1975.

 

Through Fusion Fuel’s previously announced planned acquisition of a controlling interest in Royal Uranium, the Company expects to gain capital-efficient royalty exposure to potential future production from the Huemul Project. Under the NSR royalty structure, following completion of the planned Royal Uranium transaction, Fusion Fuel would be positioned to receive a percentage of revenue from any future mineral production at the Huemul Project, net of certain deductions, without bearing direct exploration, development, or operating costs at the project.

 

 

 

 

Jaguar also noted that the Huemul Project is supported by a broader critical minerals policy backdrop, including the U.S.-Argentina Critical Minerals Framework and Jaguar’s 2026 collaboration agreement with the Province of Mendoza.

 

“We believe Jaguar’s latest field observations reinforce why the Huemul Project is a strategically important royalty asset within Royal Uranium’s portfolio,” said Frederico Figueira de Chaves, Chief Executive Officer of Fusion Fuel. “The Huemul Project combines a former producing uranium mine, historical uranium-copper-vanadium grades, a large district-scale land package, and now a 200-sample field program with assays pending. While these observations remain early-stage and subject to laboratory verification, they highlight the type of capital-efficient, critical-minerals exposure we expect to gain through our planned acquisition of a controlling interest in Royal Uranium.”

 

Jaguar cautioned that visual observations are qualitative in nature, that assay results remain pending, and that historical results, including historical head grades, have not been independently verified by Jaguar and should not be treated as current mineral resources or mineral reserves. Jaguar further stated that no conclusions can be drawn regarding grade, continuity, or economic potential pending receipt of assay results and further analysis. The Company portion of the press release

 

Fusion Fuel previously announced that it entered into a Share Exchange Agreement, dated February 18, 2026, to acquire a controlling interest in Royal Uranium as part of its strategy to establish a diversified energy commodity royalty platform with exposure to critical energy resources, including uranium and natural gas. A further description of the terms and conditions of the proposed transaction has been disclosed in a Form 6-K/A furnished with the U.S. Securities and Exchange Commission (the “SEC”) on February 18, 2026.

 

About Royal Uranium Inc.

 

Royal Uranium is a private energy royalty entity holding a portfolio of tier one high-quality uranium and natural gas royalties across premier mining jurisdictions in the Americas, operated by experienced industry partners. The portfolio is designed to provide long-duration exposure to commodity price upside while minimizing operating risk through the royalty model. For more information, please visit www.royaluranium.com.

 

About Fusion Fuel Green PLC

 

Fusion Fuel Green PLC (NASDAQ: HTOO) offers a comprehensive suite of energy supply, distribution, and engineering and advisory solutions through its Al Shola Al Modea Gas Distribution LLC (“Al Shola Gas”), Bright Hydrogen Solutions Limited (“BrightHy Solutions”), and Biosteam Energy (Proprietary) Limited (“BioSteam Energy”) businesses. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy Solutions, the Company’s hydrogen solutions platform, delivers innovative engineering and advisory services enabling decarbonization across hard-to-abate industries. BioSteam Energy provides biomass-powered industrial steam solutions to clients.

 

 

 

 

Forward-Looking Statements

 

This press release includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Such forward-looking statements include, but are not limited to, statements regarding the scope, timing and results of Jaguar’s planned exploration activities at the Huemul Project, including the pending assay results from the 200-sample rock sampling program; interpretation and significance of visual field observations and their consistency with historical records; the potential extent, continuity, and economic significance of observed mineralization, including the potential 4-kilometer copper trend at the Uryco zone area of the Huemul Project; the continuing relevance of the historical significance and the exploration potential of the Huemul Project and surrounding district; the anticipated phases and objectives of Jaguar’s exploration plans; the Company’s expected completion of the planned acquisition of a controlling interest in Royal Uranium pursuant to the Share Exchange Agreement and the expected benefits thereof, including the Company’s expectation to gain capital-efficient royalty exposure to potential future production at the Huemul Project; the Company’s expectation to receive a percentage of revenue from any future mineral production at the Huemul Project under the NSR royalty structure, net of certain deductions, without bearing direct exploration, development, or operating costs; statements regarding the supportive policy backdrop for the Huemul Project, including the U.S.-Argentina Critical Minerals Framework and Jaguar’s 2026 collaboration agreement with the Province of Mendoza; statements regarding the strategic importance of the Huemul Project as a royalty asset within Royal Uranium’s portfolio; and the Company’s strategy to establish a diversified energy commodity royalty platform with exposure to critical energy resources. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation: the risk that assay results from Jaguar’s 200-sample rock sampling program may not confirm preliminary visual field observations or may indicate grades, continuity, or mineralization characteristics materially different from those suggested by historical records; the preliminary and qualitative nature of visual field observations, which do not establish the presence of mineralization of economic grade or continuity; the risk that mineralization observed at surface may not be continuous, may not extend to depth, or may not be of sufficient grade or tonnage to support economic extraction; the availability, accuracy, and completeness of historical data, including historical head grades, which have not been independently verified by Jaguar and should not be treated as current mineral resources or mineral reserves; the outcome of environmental and regulatory review processes; the availability of qualified personnel, contractors and equipment; access to exploration sites; political, legal and regulatory conditions in Argentina and the United States; market conditions and commodity prices, including volatility in uranium and natural gas commodity prices, which directly affect the potential value of NSR and other royalty interests; the availability of financing on acceptable terms; other risks described under “Risk Factors” in Jaguar’s Registration Statement on Form S-1 (File No. 333-292006), as amended, and in subsequent filings with the SEC; the ability of the parties to the Share Exchange Agreement to complete the transaction, the Company’s ability to integrate Royal Uranium’s assets into its business, the ability of the parties to obtain any required consents and approvals in connection with the transaction, including the approval of the Company’s shareholders, and to meet all other closing conditions; the realization of revenues from the assets of Royal Uranium, including its royalties, which may depend on, among other things, the commercial development of uranium, the receipt and maintenance of exploration, mining, and environmental permits and approvals by the operators of the underlying properties, regulatory approval, and market demand for uranium; volatility in uranium commodity prices, which directly affect the potential value of NSR and other royalty interests; the risk that operators of royalty-bearing properties may delay, suspend, or abandon exploration or development activities due to insufficient funding, unfavorable economic conditions, technical challenges, or regulatory obstacles; the possibility that exploration activities, including those authorized under recently obtained permits, may not result in the discovery of commercially viable mineral deposits or hydrocarbon reserves; the dependence of the Company on third-party operators over whom it has no operational control, including decisions regarding the pace, scope, and method of exploration and development; the risk that changes in mining, environmental, or energy laws and regulations in the jurisdictions where the royalty assets are located, including Argentina, may adversely affect the feasibility or economics of the underlying projects; political, economic, and social risks associated with operating in foreign jurisdictions, including currency controls, expropriation, nationalization, and changes in fiscal regimes; the risk that royalty agreements may be subject to disputes regarding their scope, enforceability, or the calculation of permitted deductions from gross revenues; competition from existing or new offerings that may emerge; impacts from strategic changes to the Company’s business on net sales, revenues, income from continuing operations, or other results of operations; the Company’s ability to obtain sufficient funding to maintain operations and develop additional services and offerings; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025, and other filings with the SEC. Should any of these risks or uncertainties materialize or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

   

This press release references certain statements, observations, and data reported by Jaguar in its press release dated June 2, 2026. All such statements, observations, and data are solely those of Jaguar and are not made by, adopted by, or attributable to the Company in any manner. The Company has not independently verified any of the information reported by Jaguar and makes no representation or warranty, express or implied, as to the accuracy, completeness, or reliability of such information. Investors should not rely on any statement made by Jaguar as having been made or endorsed by the Company.

 

Investor Relations Contact

ir@fusion-fuel.eu

www.fusion-fuel.eu

 

 

 

 

FAQ

What is Fusion Fuel Green (HTOO) announcing about the Huemul Project?

Fusion Fuel Green is highlighting exploration progress reported by Jaguar Uranium at the Huemul uranium-copper-vanadium project in Argentina. The update links these early-stage findings to Fusion Fuel’s planned acquisition of Royal Uranium, which is expected to provide a 1.0% NSR royalty interest in Huemul.

How would Fusion Fuel (HTOO) gain exposure to the Huemul Project?

Fusion Fuel has a Share Exchange Agreement to acquire a controlling interest in Royal Uranium, which is believed to hold a 1.0% NSR royalty on Huemul. After closing, Fusion Fuel would receive a percentage of revenue from any future production, net of certain deductions, without direct project costs.

What exploration results did Jaguar report at the Huemul Project?

Jaguar reports visible uranium-copper-vanadium mineralization at surface, a potential 4-kilometer copper trend at the Uryco zone, and first-ever sampling of historic mine dumps. It collected 200 rock samples for laboratory assays, with results pending, and cites historical average head grades for uranium, copper, and vanadium as context.

What historical grades are mentioned for the Huemul uranium-copper-vanadium project?

Historical records cited by Jaguar indicate average head grades of approximately 0.21% uranium, 2.0% copper, and 0.11% vanadium. Jaguar cautions these historical results have not been independently verified and should not be treated as current mineral resources or mineral reserves, underscoring their preliminary nature.

What risks does Fusion Fuel (HTOO) highlight regarding Huemul and Royal Uranium?

Fusion Fuel outlines risks including non-verified historical data, uncertain assay outcomes from Jaguar’s 200-sample program, potential lack of economic mineralization, commodity price volatility, regulatory and political conditions in Argentina, completion risks for the Royal Uranium acquisition, and dependence on third-party operators for exploration and development decisions.

Does Fusion Fuel (HTOO) endorse Jaguar’s technical data on the Huemul Project?

Fusion Fuel explicitly states that all technical statements, observations, and data about Huemul come from Jaguar’s June 2, 2026 release. Fusion Fuel has not independently verified this information, does not adopt it, and advises that investors should not treat Jaguar’s statements as having been made or endorsed by Fusion Fuel.

Filing Exhibits & Attachments

2 documents