URZ.V · 2024-09-26 12:00:00

URZ3 Energy Corp Initiates Private Placement Financing

Financings

VANCOUVER, British Columbia, Sept. 26, 2024 -- URZ3 Energy Corp. (“URZ” or the “Company”) (TSX-V: URZ; OTCQB:

NVDEF) announces a non-brokered private placement offering of up to 6,000,000 units (the “Units”) at a price of $0.11 CAD per

Unit (the “Offering”), for total gross proceeds of up to C$660,000.

Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one Common Share

purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to acquire an additional Common Share at an

exercise price of C$0.20 per Common Share for 36 months after the date of issuance (the “Closing Date”). If after four months

plus one day from the Closing Date the closing price (or closing bid price on days when there are no trades) of URZ’s common

shares is greater than C$0.40 per share for 10 consecutive trading days or more, URZ may accelerate the expiry date of the

Warrants to the 30th day after the date on which URZ gives notice to the Warrant holders of such acceleration, with such

notice being the issuance of a news release by the Company announcing the acceleration of the expiry date.

Proceeds from the Offering will be used for general working capital purposes.

The Offering is subject to receipt of all necessary regulatory and TSX Venture Exchange approvals. The securities issued at

closing of the Offering will be subject to a four month plus one day hold period from the date of issue, as well as to any other

re-sale restrictions imposed by applicable securities regulatory authorities. Subject to approval by the TSX Venture Exchange

and applicable securities legislation, URZ may pay finder’s fees with respect to certain subscriptions from arm’s length

subscribers in accordance with the TSX Venture Exchange Policies.

Mark Kolebaba, President and CEO

Telephone: (604) 307-6450

Website: www.URZ3.com

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.