2025/10/29 – 11:00:00 – 1086337352466432528
September 2025 Quarterly Activities Report
Elevate Uranium Limited
Registration Number: ABN: 71 001 666 600
Registered as an external company in Namibia
ISIN Code: AU0000156416
NSX Share Code: EL8
QUARTERLY ACTIVITIES REPORT 30 SEPTEMBER 2025 AND APPENDIX 5B
MINING EXPLORATION ENTITY OR OIL AND GAS EXPLORATION ENTITY
QUARTERLY CASH FLOW REPORT
HIGHLIGHTS
• U-pgradeTM Pilot Plant
The U-pgradeTM pilot plant (“Plant”) factory tested and shipped from Perth.
The Plant is scheduled to arrive in Namibia in early November and be commissioned by the end
of November.
• Koppies Uranium Project – Exploration Activities
Step out drilling at Namib IV continues to increase the mineralised envelope beyond 11 km x 7.5
km.
253 holes for 7,101 metres were drilled during the quarter.
• Oobagooma Uranium Project – Western Australia
The Company entered into an agreement with Orpheus Uranium Ltd (“Orpheus”) (ASX: ORP) for the
sale of the Oobagooma Project in Western Australia.
Divestment of this non-core asset is consistent with Elevate’s strategic focus on the commissioning
of the U-pgrade™ Plant and advancing its Namibian and Northern Territory uranium portfolio.
The full document and Appendix 5B can be found on the company website at
https://www.elevateuranium.com.au/wp-content/uploads/2025/10/2973476.pdf
On behalf of Board of Directors
Murray Hill
Managing Director & CEO
29 October 2025
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: 29-10-2025 11:00:00
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