U3O8 Corp. Announces Upsize of Private Placement up to C$2,500,000

Toronto, Ontario – July 13, 2022 – U3O8 Corp. (NEX: UWE.H), (“U3O8” or the “Company”) is pleased to announce that due to significant demand, the Company has increased the size of its previously announced non-brokered private placement (the “Offering”) from C$2,000,000 to C$2,500,000 (the “Upsized Offering”). Under the Upsized Offering, the Company will sell up to a total of 22,727,272 units of the Company (the “Units”) at a price of C$0.11 per Unit for total gross proceeds of up to C$2,500,000.