DevEx Resources (DEV) Investor presentation summary

Strategic positioning and market context

• Focused exclusively on uranium, aiming to capitalize on a global supply shortfall and a strong uranium upcycle, with prices at an 18-year high and a widening structural deficit projected through the late 2030s.

• Three-pillar strategy: growth through discovery, transaction (JV, M&A, earn-in), and partnerships, leveraging capital and stakeholder engagement.

• Well-funded with $27.2M in cash and significant investments, supporting exploration and acquisition ambitions.

• Board led by a chairman with a proven track record in building major ASX-listed resource companies.

Exploration and asset development

• Core assets in the Northern Territory, including the Nabarlek Project, centered on Australia’s highest-grade uranium mine with historical production of 24Mlbs @ 1.84% U3O8.

• Basin-scale land position in a world-class uranium province, targeting high-grade unconformity deposits similar to Canada’s Athabasca Basin.

• Active 2026 drill season with 15,000m of RC and diamond drilling underway at priority targets such as Sandfire, Big Radon, and KP.

• State-of-the-art airborne hyperspectral surveys and fieldwork advancing multiple targets to drill-ready status.

Growth through disciplined M&A and partnerships

• Pursuing advanced uranium projects in Tier 1 jurisdictions, with a preference for Australia and the Americas.

• Investment criteria emphasize scale, grade, simple processing, and credible timelines to production.

• Strong stakeholder relationships, including Traditional Owners and local communities, underpin project access and development.