NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights of Greenridge Exploration: Creates leading and diversified Canadian explorer of strategic metals : The combined entity owns or has interests in twenty-eight (28) projects covering approximately 388,040 hectares with considerable exposure to potential uranium, lithium, nickel, copper and gold discoveries. One of the largest uranium property portfolios in the world class Athabasca Basin : Greenridge has interests in twelve (12) uranium projects and properties covering approximately 181,310 hectares in the Athabasca Basin. Adds extensive and diversified project portfolio : The Company holds interest in 28 exploration projects, which includes interests in 15 uranium projects totalling ~212,845 hectares across renowned Canadian uranium districts such as the Athabasca Basin, Thelon Basin, and Elliot Lake.

Additionally, the Company holds 13 strategic metals projects across Canada, which includes lithium, nickel, gold, and copper exploration properties totalling ~175,195 hectares. Enhanced capital markets profile and shareholder base : The pro forma combined entity is expected to have a market capitalization of approximately C$41 million. 1 Enhanced management and Greenridge Board : Warren Stanyer, CEO of ALX, joins as President and Director.

Mandeep Parmar has been appointed as Executive Chairman. Consolidates ownership in the Carpenter Lake Project : Following the Transactio.