American Atomics files NI 43-101 report on Lisbon Valley East

Canada NewsWire VANCOUVER, BC , July 16, 2026 /CNW/ -- American Atomics Inc.   (the "Company") (CSE: NUKE) (OTC: NUKUF) (FWB: Q3B) is pleased to announce the completion and filing of a National Instrument 43-101 (" NI 43-101 ") compliant Technical Report (the " Report ") for its Lisbon Valley East project located in San Juan County, in the State of Utah (the " Property "). The Company holds the rights to acquire up to an 80% interest in the Property through an option assignment agreement with Big Indian Prospectors LLC, as optionor, signed and previously announced on March 11, 2026. The Report has been prepared in accordance with the guidelines set out in the Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects.

The Report titled "Technical Report Lisbon Valley East Property" with an effective date of March 27, 2026, has been filed under the Company's profile on SEDAR+ ( www.sedarplus.ca ) and is also available on the Company's website ( www.ameratomics.com ). About the Lisbon Valley East Property Lisbon Valley East ("LVE") lies approximately 35 miles (56 kilometres) southeast of Moab, Utah and consists of 217 Bureau of Land Management (BLM) lode claims. Lisbon Valley produced approximately 80 million pounds of U3O8 between 1950 and 1990 from an arcuate belt some 16 miles long by 1 mile wide with approximately 1/3 of the belt eroded away post mineral.

Individual ore bodies ranged from a few hundred pounds to 20,000,000 pounds of U3O8, hosted in the basal Moss Back Member of the Triassic Chinle Formation along the southwest flank of the Lisbon Valley anticline. A northwest trending, post-mineral normal fault, the Lisbon Valley Fault, abruptly cutoff and displaced the uranium mineralization associated with the northeast flank, speculatively dropping it + 2500 feet on the northeast side of the fault. 1,2 Key Hig