Myriad Uranium Completes Sale of Red Basin Uranium Project to VC-Backed Subatomic, Retains 10% Free Carried Interest and Enters into Strategic Alliance

Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that it has completed its sale of the Red Basin Uranium Project in New Mexico, USA. Pursuant to an asset purchase agreement dated as of March 17, 2026, as amended (the "Asset Purchase Agreement"), between Myriad, Myriad Red Basin LLC ("Myriad Red Basin", Myriad's wholly-owned New Mexico subsidiary) and Subatomic Red Basin, LLC ("Subatomic"), Subatomic has purchased from Myriad all of the mineral claims comprising the Red Basin Uranium Project for US$2,500,000.