Stearman Resources Provides Update on Name Change and Provides Corporate Update
STEARMAN
RESOURCES INC.
STEARMAN RESOURCES PROVIDES UPDATE ON NAME CHANGE AND
PROVIDES CORPORATE UPDATE
VANCOUVER, BRITISH COLUMBIA – September 24, 2025 – Stearman Resources Inc .
(CSE:STMN) (“Stearman” or the “Company”) announces today that further to its news release
dated September 18, 2025, it will be changing its name from Stearman Resources Inc. to UraniumX
Discovery Corp. effective Monday, September 29, 2025.
The Company’s name change and corporate rebranding reflect a strategic evolution, emphasizing
its dedicated focus on its three uranium exploration projects in Saskatchewan’s Northern
Athabasca Basin. This transition reinforces the Company’s commitment to advancing its role in
supporting global electrification initiatives.
As part of this rebranding initiative, the Company will be launching a newly redesigned website
(www.uraniumx.ca), providing stakeholders with an updated platform to access corporate
information, project details, and the latest news. The enhanced site will reflect the Company’s new
brand identity and commitment to transparency while offering improved user experience for
investors, partners, and the broader public.
The new CUSIP and ISIN number of the Company will be 91702X107 and CA91702X1078
respectively.
Shareholders will not be required to exchange their current share certificates as a result of the name
change.
Lester Esteban, Chief Executive Officer, stated, “ This rebranding represents a significant
milestone in our evolution as we advance our NeoCore, Zoo Bay , and Murphy Lake uranium
projects. Heading into Q4, we are eager to put boots on the ground at Zoo Bay and NeoCore and
to commence drilling at Murphy Lake.”
Company Warrant Exercise Raises $228,000
The Company is pleased to announce it has recently received CAD$228,000 from the exercise of
3,800,000 warrants exercised.
Company Announces Marketing Activities
The Company has engaged Momentum Public Relations Inc. (“Momentum”) and its principal,
Max Gagne, pursuant to which Momentum will assist the Company with its strategic business
development activities (the “Services”). The engagement of Momentum is for a six (6) month
period commencing October 1, 2025. In consideration of the Services provided by Momentum,
the Company has agreed to pay Momentum CAD$12,500 plus applicable taxes per month. In
addition, Momentum will have the right to receive 500,000 stock options of the Company at an
exercise price per share to be determined, to be issued in adherence to the terms as dictated by the
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CSE, and within 15 days after signature of the agreement. No other shares or options are to be
issued to Momentum or its principal as part of the engagement, and they do not own any shares in
the Company. The principal of Momentum is Max Gagne o f Suite 109 – 137 St.-Pierre Street,
Montreal, QC, H2Y 3T5.
The Company has further engaged 1000968866 Ontario Ltd. (“1000968866”) and its principal,
Garett Scott, pursuant to which 1000968866 shall provide the Company with financial, marketing
strategic and market related advice (the “Services”). The engagement of 1000968866 is for a six
(6) month period commending immediately . In consideration of the Services provided by
1000968866, the Company has agreed to pay 1000968866 CAD$70,000 plus applicable taxes.
1000968866 may, at its discretion of the board of directors of the Company, be granted incentive
stock options and restricted share units or be paid in cash for the Services where appropriate and
agreed in advance. 100096 8866 does not own any shares in the Company . The principal of
1000968866 is Garett Scott of 100 King Street West, Unit 5700, Toronto, Ontario, M6K 1J7.
About Stearman
The Company is a mineral exploration company focused on the acquisition, exploration and
development of mineral properties in Canada and the USA. The Company currently owns a 100%
interest in the NeoCore Uranium Property consisting of 6 mineral claims covering 13,012 hectares,
located in the Athabasca Basin in northern Saskatchewan. The Company further holds an option
for up to a 70% interest in the Murphy Lake Uranium Property, consisting of 609 hectares also
located in the Athabasca Basin in northern Saskatchewan , and now owns a 100% interest in the
Zoo Bay Uranium Property consisting of 15 mineral claims covering 19,850 hectares, also located
in the Athabasca Basin.
On Behalf of Stearman Resources Inc.
Lester Esteban, CEO
Contact:
Stearman Resources Inc.
Howard Milne, President
Email: [email protected]
Telephone: (604) 377-8994
Website: www.stearmanresources.com
Forward Looking Statements: This new release may contain “forward‐looking information or statements”
within the meaning of Canadian securities laws, which may include, but are not limited to statements
relating to its future business plans. All statements in this release, other than statements of historical facts,
that address events or developments that the Company expects to occur, are forward -looking statements.
Forward-looking statements are statements that are not historical facts and are generally, but not always,
identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”,
“potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or
“should” occur. Although the Company believes the expectations expressed in such fo rward-looking
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statements are based on reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ from those in the forward -looking statements. Such forward -looking
information reflects the Company’s views with respect to future events and is subject to risks, uncertainties
and assumptions. The Company does not undertake to update forward‐looking statements or forward‐
looking information, except as required by law.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its
regulation services provider accepts responsibility for the adequacy or accuracy of this release.