Aurwest Resources Executes Option Agreement to Acquire Porter Lake Uranium Project in the Athabasca Basin

Calgary, Alberta – TheNewswire - June 1, 2026 – Aurwest Resources Corporation (“Aurwest” or the “Company”) (CSE: AWR) is pleased to announce that it has entered into a Definitive Option Agreement (the “ Option Agreement ”) dated May 29, 2026, with Critical Path Minerals Corp. (the “ Optionee ”), an arm's-length private company, granting Aurwest the option to acquire a 100% interest in the Porter Lake property (“ Property ” or “ Porter Lake ”) which is a 10,490 hectare land package with mineralization, situated within the world's principal uranium district — the Athabasca Basin area of Northern Saskatchewan, Canada. Under the terms of the Option Agreement, the Company will complete two years of exploration programs, provide cash and a series of equity payments to earn its interest in the Property (transaction terms set out below) and this transaction remains subject to approval by the Canadian Securities Exchange. No finder's fees were paid as part of the transaction.   The Porter Lake property is strategically positioned in a known uranium jurisdiction, along trend with the Athabasca Basin's largest discoveries. The Porter Lake property recent work has confirmed known mineralization which is highly prospective for both basement and structurally-hosted type uranium deposits.