Frontier Nuclear and Minerals Developing Portfolio Of U.S. Uranium Assets, Enhancing Asset Base Through Spin-Off Of Non-Core Lithium Assets

Frontier Nuclear and Minerals Inc., d/b/a Frontier Nuclear (NASDAQ:FNUC) ("Frontier"), a nuclear fuel cycle company, provides an update on its strategy and operations as it advances its transition toward a focused nuclear fuel cycle business.

Frontier is advancing a strategy to build a focused U.S. nuclear fuel cycle platform with exposure to uranium resources and select downstream technologies.

Frontier's approach is based on:

Developing a portfolio of U.S. uranium assets with potential for future production

Maintaining targeted equity exposure to enrichment and reactor technologies

Simplifying its asset base through the planned spin-off of non-core lithium assets

Aligning with long-term demand for secure domestic nuclear fuel supply