• Appia Rare Earths & Uranium signed a share exchange agreement dated May 21, 2026 to transfer its 25% interest in Ultra Brasil to Ultra Rare Earth Inc. in exchange for 2,342,500 shares of Ultra USA common stock.
• The transaction leaves Appia with a 25% equity stake in Ultra USA, while Ultra USA and its wholly owned subsidiary Ultra Bahamas will hold 100% of Ultra Brasil.
• Ultra USA is expected to have 9,370,000 shares outstanding immediately following closing, scheduled for early next week.
• The exchange shares will be issued under US Securities Act exemptions, including Regulation S, with the stock treated as restricted securities under Rule 144.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Appia Rare Earths & Uranium Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605220730NEWSFILECNPR____20260522_298540_1) on May 22, 2026, and is solely responsible for the information contained therein.