Urano Energy Welcomes Kyle Kimmerle to Its Board of Directors

Urano Energy Corp, a company dedicated to mineral exploration in the United States, has recently made a significant addition to its leadership team with the appointment of Kyle Kimmerle as a Director, effective December 12, 2024. This strategic move is expected to bolster Urano’s capabilities in navigating the complexities of the mining sector, particularly in uranium production.

A Legacy in Mining

Kyle Kimmerle comes from a family with a robust background in mining, especially in the Southeastern region of Utah. His family has been part of the mining landscape for over 90 years, with roots tracing back to the 1930s when his great-grandfather established a vanadium mill and held mining operations at Cottonwood Creek. This rich mining heritage has endowed Kimmerle with a deep understanding of the sector and its historical context.

Currently, Mr. Kimmerle is the Managing Member of Kimmerle Mining LLC, where he oversees significant mineral property interests in the area. His extensive experience also includes a leadership role as President of Three Step Resources Inc., where he engages actively in uranium production efforts within Utah. This diverse background in mine operations, permitting processes, and an extensive knowledge of the Colorado Plateau deposits establishes him as an invaluable asset to Urano Energy.

Strategic Decisions and Stock Options

In tandem with his appointment, Urano Energy has granted Kimmerle 200,000 stock options priced at $0.12 CAD. These options are structured to vest over an 18-month period, with 25 percent vesting immediately and 25 percent every six months thereafter. This decision aligns with the Company’s strategy to reinforce its leadership team and foster a more dynamic operational framework.

About Urano Energy Corp

Urano Energy is focused on discovering and developing conventional uranium assets within the United States, coupled with a strong portfolio comprising gold and copper projects in Canada. The company's vision integrates advanced mining techniques and a commitment towards sustainable practices in the exploration and production sectors.

The appointment of Kyle Kimmerle highlights Urano's commitment to enhancing its leadership with experienced professionals who possess both local and industry insights. As the mining landscape continues to evolve, Kimmerle’s expertise is expected to guide Urano Energy toward achieving its strategic goals while navigating the challenging dynamics of the market.

Urano Energy emphasizes its forward-looking vision through this recent appointment, illustrating its commitment to sustainable growth and responsible mining initiatives. The Company also acknowledges that while future projections may offer an optimistic view, they do carry inherent risks that stakeholders should be aware of. Market prices, capital availability, and broader economic conditions stand as factors influencing the company’s trajectory.

In conclusion, Kyle Kimmerle's addition to Urano Energy's board signifies a pivotal moment for the Company as it explores opportunities in the uranium sector, leveraging his deep-rooted expertise and strengthening its market position.