Highlights

• Cosmos reaches conditional agreement to earn an 80% interest in the Fenix Uranium Project
  
  
• Outstanding addition to Cosmos’ exploration portfolio, being in the Thelon Basin, Nunavut, renowned as the next emerging high grade uranium mining district with striking similarities to the Athabasca Basin, Saskatchewan.
  
  
• Substantial land position of 162.7km2 with historical groundwork that defined six interpreted radioactive boulder trains with assays up to 6% U₃O₈.
  
  
• Source of each boulder train are interpreted to remain undiscovered and represent significant exploration opportunities for Cosmos
  
  
• Very little drilling to date with a highlight intersection of 0.7% U₃O₈ over 0.4m within 0.2% U₃O₈ over 3.9m which is open at depth
  
  
• Exploration to be led by experienced Athabasca Uranium geologist and Cosmos Technical Director Leo Horn
  
  
• Cosmos has received firm commitments for a $1.01M placement at $0.0425 to underpin the acquisition.