Snow Lake Resources Ltd. Provides Ubaryon Shareholder Update

Snow Lake Resources Ltd. announced an update from Ubaryon regarding its uranium enrichment technology. Ubaryon, an Australian company, has made significant progress on its proprietary technology, which has received independent technical reviews confirming it is at Technology Readiness Level (TRL) 4. With a recent investment from Urenco, a global uranium enrichment company, Ubaryon aims to reach TRL 5 within three years. Ubaryon has also expanded its technical team and is developing a chlorine isotope separation technology and a sorbent powder for uranium recovery from waste solutions, with a patent pending for the latter. Regulatory approvals from the Australian Foreign Investment Review Board and Defence Export Control have been secured, facilitating Urenco's investment and potential commercialization. Ubaryon continues to comply with Australian Safeguards and Non-Proliferation Office requirements. Snow Lake Resources Ltd. holds a significant interest in Ubaryon through its largest shareholder, Global Uranium and Enrichment Limited.