2025/10/14 – 10:00:00 – 1085988493747817488

Divestment Of Oobagooma Uranium Project

Elevate Uranium Limited
Registration Number: ABN: 71 001 666 600
Registered as an external company in Namibia
ISIN Code: AU0000156416
NSX Share Code: EL8

DIVESTMENT OF OOBAGOOMA URANIUM PROJECT

Key Highlights:

• Orpheus Uranium Ltd to acquire 100% interest in Elevate Uranium Ltd’s Oobagooma
Uranium Project located 75km NE of Derby in the Kimberley region of Western
Australia
• Oobagooma exhibits a classic sedimentary-style roll-front mineralisation
• Divestment of non-core assets is consistent with Elevate’s strategic focus on the
commissioning of the U-pgradeTM demonstration plant and advancing its Namibian
and Northern Territory Uranium portfolio

The full announcement can be viewed at the following link:
https://www.elevateuranium.com.au/wp-content/uploads/2025/10/2964401.pdf

On behalf of Board of Directors

Murray Hill
CEO & Managing Director

14 October 2025

Registered Office
Post Strasse Hof
Commercial unit 3
Second Floor
35 Daniel Tjongarero Avenue
Swakopmund
Namibia

Sponsor
IJG Securities (Pty) Ltd
Member of the NSX
4th Floor, 1@Steps, C/O Grove and Chasie Street
Kleine Kuppe, Windhoek
P O Box 186, Windhoek, Namibia
Registration No. 95/505

Date: 14-10-2025 10:00:00
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