Xcite Resources Issues Shares Under Amending Agreements Respecting Athabasca Uranium Portfolio
NEWS RELEASE
XCITE RESOURCES ISSUES SHARES UNDER AMENDING AGREEMENTS
RESPECTING ATHABASCA URANIUM PORTFOLIO
Vancouver, British Columbia, July 10, 2025: Xcite Resources Inc. (CSE:XRI) (“XRI”, “Xcite” or
the “Company”) announces that it has now issued an aggregate of 150,000 XRI common shares to
Eagle Plains Resources Ltd. (TSX-V:EPL) (OTCQB: EGPLF) (“Eagle Plains” , an arm’s length
party to the Company ) pursuant to six amending agreements with Eagle Plains dated as of June
30, 2025 relating to XRI’s Athabasca uranium property portfolio (see Xcite’s news release dated
July 3, 2025 for further information respecting the amending agreements) . In accordance with
applicable securities laws, the XRI shares are subject to a four month hold period that will expire
November 11, 2025.
About Xcite Resources Inc.
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 the company's efforts to achieve a high-grade discovery based on new
geological modelling and exploration thesis in a past -producing uranium camp dormant for 40
years. The Uranium City project portfolio constitutes the Don Lake, Beaver River, Smitty, Lorado,
Gulch and Black Bay properties.
On behalf of the Board of Directors of Xcite Resources Inc.
Jean-Francois Meilleur, CEO
Contact:
Jean-Francois Meilleur
CEO, Director, and Shareholder
Xcite Resources Inc. (CSE:XRI)
+1 514 951 2730
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CSE) accepts responsibility for the adequacy or accuracy of this press release.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains statements that constitute “forward-statements.” Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause the
Company’s actual results, performance or achievements, or developments to differ materially from
the anticipated results, performance or achievements expressed or implied by such forward -
looking statements.