HTOO News & Events

Fusion Fuel Green provided certain highlights of the uranium royalty portfolio anticipated to be acquired through its previously announced definitive agreement with Royal Uranium, highlighting a 2.0% Net Smelter Return royalty on the PLS Regional uranium exploration project, operated by Cameco Corporation in joint venture with Denison Mines Corp in Canada's Athabasca Basin. Upon closing of the Royal Uranium transaction, Fusion Fuel is expected to gain royalty exposure to exploration and potential future development activity in the Athabasca Basin without funding exploration or mine development capital. The PLS Regional royalty is one of 16 uranium royalty interests included in the Royal Uranium portfolio spanning the Athabasca Basin, Newfoundland, Colombia, and Argentina. Management believes the Royal Uranium transaction positions Fusion Fuel to build exposure to uranium exploration and development activity across multiple projects, operators and jurisdictions through a capital-efficient royalty structure. Fusion Fuel expects to highlight additional royalty assets within the portfolio in the coming weeks.

Fusion Fuel Green (HTOO) highlighted its anticipated royalty exposure to three uranium exploration projects in Argentina and Colombia operated by Jaguar Uranium (JAGU) through its planned acquisition of a controlling interest in Royal Uranium, following Jaguar's announcement outlining its 2026 exploration program. According to Jaguar's announcement, exploration activities are planned at its flagship Laguna Salada uranium project in Chubut Province, Argentina after the company received an Environmental Impact Assessment permit covering the Guanaco concession of the project. The permit authorizes a range of exploration activities including geophysical surveys, surface sampling, trenching, drilling operations, access road construction, and the establishment of exploration camps as part of Jaguar's exploration campaign.

Fusion Fuel Green announced that Al Shola Al Modea Gas Distribution, a full-service industrial gas solution provider in which the Company indirectly holds an ownership interest, has been awarded two new engineering subcontracts with a combined value of approximately $1.16 million. The subcontracts support residential development projects in Dubai, United Arab Emirates. The scope of work includes the design, supply, installation, testing, and commissioning of centralized Liquefied Petroleum Gas systems serving multiple buildings across two separate residential developments. Project execution is expected to commence immediately and progress in line with the respective project construction schedules.