Vancouver, British Columbia — July 27, 2026 — Union Power Metals Corporation (“Union Power” or the “Company”) (CSE: UPPR, OTCQB: UPERF, FRA: UPR) is pleased to announce that preparations for its upcoming drill program in Slovakia are advancing, with the program now approved and the Company moving forward toward mobilization.
The planned drilling program represents an important next step in Union Power’s strategy to advance its Slovakian manganese portfolio and evaluate the potential of a historically significant manganese district at a time when Europe is seeking to strengthen domestic and regional supply chains for critical raw materials.
The Company is looking forward to commencing drilling and building on the extensive body of historical work completed across its Slovakian project portfolio.
“Confirming our drill program is an important milestone for Union Power and our team. Since establishing our position in Slovakia, our focus has been on disciplined execution and advancing these assets toward modern exploration and technical validation. With the program approved, we are now moving toward the next stage of work and look forward to getting on the ground and drilling.”
“Slovakia represents a compelling opportunity for Union Power given the scale of the historical manganese district, its location within the European Union and the strategic importance of manganese to Europe’s evolving battery and industrial supply chains. We believe the upcoming program can provide important new technical information as we work to better understand and advance the potential of these assets.”
— Derrick Dao, Chief Executive Officer, Union Power Metals
Slovakia Drill Program
The upcoming program is expected to focus on priority targets within the Company’s Slovakian manganese portfolio, including areas associated with historical exploration and development.
A key objective of the program is to evaluate the metallurgical and battery-grade manganese potential of the district, alongside verifying the reliability of historical results using modern exploration and analytical methods. Further details regarding drill mobilization, program design and target areas will be provided as the program advances.
Botswana Uranium Program Remains on Track
In parallel with the Company’s work in Slovakia, Union Power is also pleased to report that exploration activities at its uranium assets in Botswana remain on schedule.
The Company has already completed airborne survey work over the project area, representing an important early step in advancing the exploration program and refining the geological understanding of the licences.
Data generated from the airborne work will support the Company’s ongoing technical evaluation and assist in prioritizing areas for follow-up exploration.
“While Slovakia is a major near-term focus for the Company, we continue to advance Botswana in parallel. The airborne work has been completed, and the program remains on track. We are pleased to be moving both platforms forward and expect the coming months to be an active period for Union Power.”
— Derrick Dao, Chief Executive Officer, Union Power Metals
Building Momentum Across Two Critical Minerals Platforms
Union Power is advancing a portfolio of critical mineral assets in Europe and Africa, with a focus on disciplined exploration, technical validation and the identification of opportunities that may contribute to evolving Western supply-chain priorities.
The Company expects to provide additional updates as work advances in both Slovakia and Botswana.
Qualified Person
The scientific and technical information contained in this news release has been approved by Lorne Warner, P.Geo., an Independent Consultant and a Qualified Person as defined by National Instrument 43-101 — Standards of Disclosure for Mineral Projects. Mr. Warner has reviewed and approved the scientific and technical information contained in this news release.
About Union Power Metals Corporation
Union Power Metals Corporation is a mineral exploration company focused on advancing high-potential manganese projects in Slovakia, while maintaining exposure to uranium assets in Botswana. The Company is committed to responsible development and long-term value creation through the advancement of critical minerals essential to the global energy transition.
ON BEHALF OF THE BOARD OF DIRECTORS
Derrick Dao
Chief Executive Officer
Union Power Metals Corporation