Xcite Issues Shares under Option Agreements for Multiple Athabasca Basin Uranium Projects
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NEWS RELEASE
Xcite Issues Shares under Option Agreements for Multiple
Athabasca Basin Uranium Projects
Vancouver, British Columbia, December 21st, 2023 - Xcite Resources Inc. (“XRI”: CSE, or “Xcite”) confirms
that it has issued an aggregate of 300,000 common shares to Eagle Plains Resources Ltd. (“EPL”: TSX-V,
or “Eagle Plains”) pursuant to six individual option agreements whereby Xcite may earn up to a n 80%
interest in six uranium projects totaling 5,905 hectares in close proximity to Uranium City in northern
Saskatchewan, as previously announced by Xcite on December 14, 2023. The shares issued are subject
to a four-month hold period according to applicable securities laws of Canada, which will expire April 22,
2024.
About Xcite Resources
Xcite Resources is an early-stage exploration company working to become a leader in the discovery and
development of energy transition metals. The uranium project portfolio in the Athabasca Basin will
propel our efforts to achieve a high-grade discovery.
Jean-Francois Meilleur
Shareholder,
+1 514 951 2730
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc. Forward-looking statements address future
events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated in such statements.