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Refined Energy Corp. Comments on Unprecedented Global Uranium Supply Deficit and U.S. Nuclear Policy Acceleration

Refined Energy Corp. Comments on Unprecedented Global Uranium Supply Deficit and U.S. Nuclear

Policy Acceleration

Vancouver, British Columbia – January 28, 2026 – Refined Energy Corp. (CSE: RUU; OTC: RRUUF; FRA:

CWA0) (“Refined” or the “Company”) is pleased to provide a strategic update on the uranium sector

following a series of significant global developments that have created a generational tailwind for North

American explorers and producers.

The Company believes that global energy markets are undergoing a structural realignment as governments

seek reliable, low -carbon baseload power amid rising electricity demand, including demand driven by

artificial intelligence, data centers, electrification, and industrial decarboni zation. Nuclear power has re -

emerged as a central solution within this framework, with corresponding implications for uranium supply

chains worldwide.

United States – Accelerated Nuclear and Fuel Cycle Strategy

In January 2026, the United States government advanced a series of actions aimed at strengthening

domestic nuclear power generation and rebuilding the U.S. uranium fuel cycle. These measures include

USD $2.7 Billion1 in federal funding commitments for uranium enrichment, support for advanced reactor

fuel supply, and executive actions intended to streamline regulatory processes and accelerate deployment

timelines.

U.S. policy initiatives appear to be focused on reducing reliance on foreign uranium and enrichment

services, particularly from geopolitically sensitive jurisdictions, while supporting domestic production,

processing, and enrichment capacity. These developments reflect a broader recognition o f uranium as a

strategic resource linked to national energy security and critical infrastructure resilience.

Positioning for a Long-Term Nuclear Cycle

Management believes these developments emphasize the importance of early-stage uranium exploration

in stable jurisdictions, particularly as utilities, governments, and supply chain participants increasingly

focus on long -term security of supply. For explor ation companies, this environment underscores the

strategic relevance of identifying, advancing, and de-risking uranium projects capable of supporting future

development decisions as the nuclear fuel cycle continues to evolve.

1 https://www.energy.gov/articles/us-department-energy-awards-27-billion-restore-american-uranium-

enrichment

Mark Fields, Chief Executive Officer of Refined Energy Corp., “The uranium sector is being reshaped by

long-term structural forces, including energy security priorities, decarbonization mandates, and sustained

growth in global electricity demand. In the United States, policy has clearly shifted toward rebuilding

domestic nuclear fuel supply chains. For companies operating in the uranium exploration space, these

changes reinforce the importance of advancing quality projects in stable jurisdictions and mainta ining a

disciplined, long -term approach to exploration and asset development. Refined continues to focus on

building a strong exploration portfolio aligned with these evolving industry fundamentals.”

The Company continues to monitor global market and policy developments as it advances its exploration

programs and evaluates opportunities aligned with long-term uranium supply fundamentals.

References and Public Sources

Information referenced in this news release is derived from publicly available sources, including but not

limited to:

• U.S. Department of Energy announcements and policy statements regarding domestic uranium

enrichment, HALEU supply, and nuclear fuel cycle investment

• Executive Orders and federal policy communications relating to U.S. nuclear energy expansion

and critical minerals supply chains

• Public disclosures and production guidance issued by National Atomic Company Kazatomprom

• World Nuclear Association reports on global uranium supply, demand, and reactor buildout

trends

• Legislative announcements from the Government of Sweden regarding the repeal of its uranium

mining moratorium

• Public filings and market disclosures from physical uranium investment vehicles and nuclear

utilities

About Refined Energy Corp.

Refined Energy Corp. is a Canadian exploration company focused on the discovery and advancement of

uranium and critical energy metal projects in tier-one jurisdictions. Its Dufferin, Milner, and Basin projects

are located in Saskatchewan’s Athabasca Basin, supporting a diversified pipeline of assets for the clean

energy transition.

For further information, please contact

Eli Dusenbury

Chief Financial Officer

+1 (604) 398-3378

[email protected]

Forward-Looking Information

This news release contains “forward -looking statements” within the meaning of applicable Canadian

securities laws. Forward -looking statements include, but are not limited to, statements regarding the

uranium market, nuclear energy policy developments, the impact of global and U.S. nuclear initiatives, and

Refined Energy Corp.’s potential positioning in the uranium exploration sector. Forward-looking statements

are based on expectations, estimates, and projections as of the date of this news release and are subject

to known and unknown risks, uncertainties, and other factors that may cause actual results, performance,

or achievements to differ materially from those expressed or implied by such statements. Investors are

cautioned not to place undue reliance on forward-looking statements. The Company undertakes no

obligation to update such statements except as required by law.

The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this

press release.