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Verdera Energy Announces Commencement of Trading on the TSX Venture Exchange

MWN-AI** Summary

Verdera Energy Corp. officially commenced trading on the TSX Venture Exchange (TSXV) under the ticker symbol "V" on February 24, 2026. This marks a significant milestone for the company, which is dedicated to the development of In-Situ Recovery (ISR) uranium assets primarily located in New Mexico. Janet Lee-Sheriff, the CEO, expressed gratitude for the support from shareholders and the team that enabled this listing, emphasizing the importance of being part of Canada’s premier mining exchange.

Verdera Energy aims to address the increasing demand for clean and reliable domestic uranium sources within the United States. The company leverages a strong backing from enCore Energy Corp., and holds private mineral rights covering approximately 400 square miles, which contain known historic resources and a significant proprietary database. In addition to its operational focus, Verdera Energy is committed to fostering positive community relations, striving to maintain close ties with local stakeholders.

The announcement also included a cautionary note concerning forward-looking statements, highlighting that projections and expectations shared may differ from actual outcomes due to various uncertainties. These factors include economic, competitive, political, and social dynamics, which could impact the company’s future performance and strategic objectives.

As Verdera Energy embarks on this new phase of growth, the market will closely monitor its developments in uranium production and community engagements, as the company positions itself to capitalize on the growing appetite for sustainable energy resources. Investors and stakeholders are encouraged to remain informed about the risks and opportunities presented by capital markets and developments within the uranium sector.

MWN-AI** Analysis

Verdera Energy Corp.'s announcement regarding its commencement of trading on the TSX Venture Exchange marks an important milestone for the company, particularly given its focus on In-Situ Recovery (ISR) uranium assets in New Mexico. Investors should consider this news as a potential opportunity, yet it also comes with certain risks that must be carefully weighed.

Firstly, the growing demand for clean and reliable domestic uranium in the United States presents a positive backdrop for Verdera’s business model. With extensive mineral rights and a solid proprietary database, the company is strategically positioned to capitalize on the nuclear energy sector's increasing reliance on domestic uranium sources. Analysts foresee uranium demand rising as the push for green energy intensifies, which could further enhance the appeal of investments focused on ISR technologies.

Nonetheless, investors are urged to approach this stock with caution due to several underlying risks. As indicated in their release, many forward-looking statements are speculative and subject to uncertainties, including market competition, regulatory changes, and broader economic conditions. These factors could impact the company's ability to deliver on ambitious growth plans or meet projected production timelines.

Moreover, being listed on the TSX Venture Exchange exposes Verdera to the volatility commonly associated with smaller-cap stocks. Early trading can be erratic as the market assesses the company's value proposition against its operational realities. Investors may want to monitor trading volumes and market sentiment closely during the initial trading days to gauge demand.

In summary, while Verdera Energy presents a compelling investment prospect in an expanding market, potential investors should conduct thorough due diligence and consider their risk tolerance before entering a position. Close attention should be paid to company updates and broader industry trends as trading progresses.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Canada Newswire

Canada NewsWire

TSX-V:V
www.verderauranium.com

VANCOUVER, BC, Feb. 24, 2026 /CNW/ - Verdera Energy Corp. (TSXV: V) ("Verdera" or the "Company") announced that effective today, Tuesday, February 24, 2026, the common shares of the Company will commence trading on the TSX Venture Exchange ("TSXV") under ticker symbol "V" and CUSIP number 92339J107.

Janet Lee-Sheriff, Chief Executive Officer, commented "Verdera is honored to be listed on the TSXV, the premier mining exchange. Our listing marks a milestone for Verdera and we are grateful for the support of our shareholders and our team that worked to make this step a reality."

About Verdera Energy Corp.

Verdera Energy Corp. is focused on the development of In-Situ Recovery ("ISR") uranium assets in New Mexico. Led by a team with extensive experience in the uranium and natural resources sector, Verdera is working to meet the growing demand for clean, reliable domestic uranium in the United States. Supported by strategic shareholder enCore Energy Corp. (Nasdaq: EU TSXV: EU), Verdera holds private mineral rights spanning approximately 400 square miles, known and historic resources and a significant proprietary database. Verdera is committed to fostering strong community relations and strives to work closely with local communities.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected" "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could, "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this press release, forward-looking statements relate, among other things, the business of Verdera and anticipated trading date. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Verdera assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.

SOURCE Verdera Energy Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/24/c0750.html

FAQ**

How does Verdera Energy Corp.'s listing on the TSX Venture Exchange and support from enCore Energy Corp. (Nasdaq: EU TSXV: EU) position the company for growth in the uranium sector?

Verdera Energy Corp.'s listing on the TSX Venture Exchange, coupled with enCore Energy Corp.'s backing, enhances its visibility and credibility, providing access to capital and strategic partnerships essential for growth in the burgeoning uranium sector.

What specific strategies does Verdera Energy Corp. plan to implement to develop its In-Situ Recovery uranium assets under the support of enCore Energy Corp. (EU)?

Verdera Energy Corp. plans to implement strategies including advanced extraction technologies, optimizing resource recovery processes, collaborating on regulatory compliance, and utilizing enCore Energy Corp.'s expertise in sustainable uranium production to enhance its In-Situ Recovery assets.

Can you provide insights into how partnership with enCore Energy Corp. (EU) will enhance Verdera's community relations efforts in New Mexico?

Partnering with enCore Energy Corp. will strengthen Verdera's community relations in New Mexico by leveraging enCore's local expertise, promoting shared sustainability goals, and engaging with community stakeholders to foster trust and collaboration in regional development initiatives.

What risks associated with the uranium market does Verdera Energy Corp. foresee, and how might these impact its relationship with enCore Energy Corp. (EU) in upcoming projects?

Verdera Energy Corp. foresees risks such as price volatility, regulatory changes, and supply chain issues in the uranium market, which could strain its collaboration with enCore Energy Corp. on upcoming projects due to potential delays and increased operational costs.

**MWN-AI FAQ is based on asking OpenAI questions about enCore Energy Corp. (NASDAQ: EU).

enCore Energy Corp.

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