Atomic Minerals Highlights Strategic Role Amid Possible Iran Ceasefire and Project Vault Defense Initiatives

Rhea-AI Summary

Atomic Minerals (OTCQB: ATMMF) highlighted its strategic role after the recent Iran ceasefire and cited U.S. Project Vault momentum. The company noted the U.S. Department of Energy's $2.7 billion in contracts to restore domestic uranium enrichment and said its North American high-grade uranium assets are positioned to support defense and energy security.

Atomic Minerals said it is advancing uranium projects to supply long-term defense, industrial, and clean-energy needs.

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Vancouver, British Columbia--(Newsfile Corp. - April 9, 2026) - Atomic Minerals Corporation (TSXV: ATOM) (OTCQB: ATMMF) (FSE: DO8) ("Atomic Minerals" or the "Company") acknowledges the recent Iran ceasefire, a development that contributes to stability in global defense and energy supply chains.

"Project Vault, supported by the U.S. government, underscores the urgent need for secure domestic uranium to support military, defense, and strategic energy infrastructure," said a spokesperson for Atomic Minerals. "Uranium is critical for advanced nuclear technologies, national defense readiness, and the energy systems that underpin military operations. The recent U.S. Department of Energy announcement of $2.7 billion in contracts to restore domestic uranium enrichment capabilities highlights the country's commitment to securing these strategic resources. Atomic Minerals' North American uranium assets are ideally positioned to support these defense priorities."

"Amid ongoing global tensions, uranium demand remains on a strong long-term trajectory. Total global uranium usage is projected to rise as nations prioritize energy security, low-carbon power, and strategic stockpiles," added the spokesperson. "Project Vault reinforces the importance of resilient domestic supply chains, and Atomic Minerals is advancing its high-grade uranium portfolio to help meet these critical defense and energy needs."

Atomic Minerals continues to develop its uranium projects to deliver reliable, long-term value for defense, industrial, and clean energy markets, supporting secure, strategic access to uranium for national and allied security initiatives.

About Atomic Minerals Corporation

Atomic Minerals Corporation is a publicly listed exploration company on the TSXV, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven track record in the junior mining sector. Atomic's objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.

Currently, the Company's property portfolio contains Uranium projects with significant technical merit in three locations known for hosting Uranium production in the past. We have four on the Colorado Plateau, within the continental United States. The plateau has previously produced 597 million pounds of U₃O_8. The other two recently acquired properties are located in the prolific Athabasca region in Saskatchewan, Canada and the Mount Laurier property located in Quebec, Canada.

For additional information about the Company and its projects, please visit our website at www.atomicminerals.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

"Clive Massey"
Clive H. Massey
President & CEO

For further information, please contact:
Investor Relations, Jim Romano
Tel: (778) 898-7917

Neither TSX Venture Exchange nor their 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.

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291708

FAQ

How does the Iran ceasefire affect Atomic Minerals (ATMMF) strategic outlook?

The ceasefire may reduce short-term geopolitical risk and stabilize supply chains for uranium. According to the company, calmer conditions support planning and investment for its North American uranium projects tied to defense and energy supply resilience.

What is Project Vault and why does Atomic Minerals (ATMMF) mention it?

Project Vault is a U.S. effort to restore domestic uranium enrichment capacity with major contracts. According to the company, Project Vault underlines urgent demand for secure domestic uranium that aligns with Atomic Minerals' asset strategy.

What significance does the DOE's $2.7 billion announcement have for ATMMF?

The $2.7 billion in DOE contracts signals federal commitment to domestic uranium supply chains. According to the company, this funding reinforces market demand and the strategic importance of Atomic Minerals' North American uranium assets.

Will Atomic Minerals (ATMMF) supply uranium for defense and energy projects?

Atomic Minerals asserts its North American uranium projects are positioned to support defense and energy needs. According to the company, it is advancing a high-grade uranium portfolio aimed at long-term reliability for national and allied security.

How does Atomic Minerals describe long-term uranium demand for ATMMF shareholders?

The company describes uranium demand as on a strong long-term trajectory due to energy security and low-carbon priorities. According to the company, continued emphasis on strategic stockpiles and advanced nuclear tech supports demand visibility.