Union Power Metals strengthens leadership with critical minerals experts

VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Union Power Metals Corporation (“ Union Power Metals ” or the “ Company ”) (CSE: UPPR) is pleased to announce the addition of Mr. Erez Ichilov as Senior Advisor and Mr. Alexander Ryabchenko as Vice President of Corporate Development to the team. The Company also announces that a total of 3,080,000 performance-vested stock options (the “ Options ”) and 800,000 performance-vested restricted share units (the “ RSUs ”) have been granted to certain directors, officers and consultants of the Company pursuant to the Company’s equity incentive plan. The Options and RSUs are 100% performance-vested with no time-based vesting component and will vest only upon the Company achieving market capitalization and share price thresholds that represent meaningful value creation for shareholders.