U92 Energy Corp. (TSXV: UTWO, OTC: UNTEF) has taken significant steps to enhance its transparency and advance its exploration plans. In response to a review by the Ontario Securities Commission (OSC), the company has re-filed and updated several key documents on its SEDAR+ profile. Additionally, U92 Energy Corp. is making progress on its environmental management plan for the Kurupung Uranium Project in Guyana, paving the way for the upcoming phase one drill program.
The company’s commitment to transparency and regulatory compliance is evident in its recent actions. By addressing the OSC’s requests and ensuring that all necessary documents are accurately filed, U92 Energy Corp. is demonstrating its dedication to maintaining high standards of corporate governance.
Enhancing Financial and Legal Disclosures
U92 Energy Corp. has re-filed its Condensed Interim Consolidated Statements of Financial Position for the periods ending February 28, 2026, and November 30, 2026. These updates confirm that the auditor has performed a review of the interim financial statements, removing the ‘notice to reader’ and enhancing disclosures related to deferred consideration and related party transactions.
The company has also re-filed the Share Purchase Agreement dated June 18, 2026, removing certain redactions, including party names that were previously redacted. This move ensures that all relevant information is accessible to stakeholders and regulatory bodies.
In addition to re-filing documents, U92 Energy Corp. has filed two material agreements that were not previously available on its SEDAR+ profile. The Agency Agreement dated December 1, 2026, details the agreement among Canaccord Genuity Corp., U92 Energy Corp., and U92 Corp. (U92 PrivateCo) in connection with the previously completed offering of subscription receipts. The Asset Purchase Agreement dated May 28, 2026, outlines the acquisition of the complete historical technical and exploration dataset relating to the Kurupung Uranium Project in Guyana.
Advancing the Kurupung Uranium Project
U92 Energy Corp. is making significant strides in advancing its flagship Kurupung Uranium Project in Guyana. Following the submission of an environmental application to the Guyana Environmental Protection Agency (EPA) on April 27, 2026, the company has submitted an environmental management plan as requested by the EPA. This plan is a crucial step in obtaining the necessary approvals for the phase one drill program.
The Kurupung Project boasts over 129,723 metres of drilling and a historical Indicated mineral resource of 10.6 million pounds, and an Inferred mineral resource of 10.0 million pounds, at a cut-off grade of 0.03% (300ppm) U₃O₈. The mineral resource occurs in four deposits where mineralization remains open along strike and down plunge. There are eight additional targets where 14,000m of prior drilling intersected significant U₃O₈ grades that require further drilling for inclusion into the Company’s anticipated updated mineral resource estimate.
U92 Energy Corp. is committed to systematic exploration and disciplined capital allocation as it unlocks the full value of the Kurupung Project. The company anticipates that the phase one drill program will commence during the month of August, 2026, following receipt of the EPA’s approval of the environmental management plan.
Looking Ahead
As U92 Energy Corp. continues to enhance its disclosures and advance its exploration plans, the company is positioning itself as a leading uranium-focused exploration and development company in South America. With a strong focus on transparency, regulatory compliance, and systematic exploration, U92 Energy Corp. is well-positioned to unlock the full potential of the Kurupung Uranium Project and create value for its stakeholders.
For more information about U92 Energy Corp. (TSXV: UTWO, OTC: UNTEF), visit the company’s website at .
