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CSE: NUKE
VANCOUVER, BC, Feb. 20, 2026 – American Atomics Inc. (the “Company“) (CSE: NUKE) announces that, due to significant investor interest, it has increased the size of its previously announced non-brokered private placement (the “Upsized Offering“) of company units (the “Units“). The offering was initially detailed on February 6 and February 9, 2026.
The Upsized Offering increases the maximum total gross proceeds from $500,000 to $2,000,000. It will now comprise up to 8,000,000 Units, priced at $0.25 each.
Every Unit is composed of one common share of the Company (a “Share“) and one-half of one share purchase warrant (each full warrant, a “Warrant“). Each Warrant entitles the holder to purchase one additional Share (a “Warrant Share“) at $0.35 per Warrant Share, with this right lasting for 24 months from the date of issue.
Net proceeds from the Upsized Offering are planned to fund a transaction with Big Indian Prospectors LLC (announced October 27, 2025), provide working capital, and cover general administrative costs. The Units issued will be held under a statutory four-month hold period, ending four months and one day after the offering closes.
Finder’s fees may be paid on the Upsized Offering, consistent with Canadian Securities Exchange policies.
This news release is not an offer to sell or a solicitation to buy securities in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws. They may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption.
On Behalf of the Board of American Atomics Inc.
“David Mitchell”
CEO & Director
About American Atomics Inc.
“From Rock to Reactor”
American Atomics aims to build a vertically integrated uranium supply chain throughout North America, encompassing exploration, extraction, refinement, conversion, and enrichment. The company’s project portfolio embodies this complete cycle strategy, combining near-term production assets with long-term infrastructure development.
Cautionary Note Regarding Forward-Looking Statements
This release contains statements considered “forward-looking statements.” All statements herein, aside from historical facts, addressing anticipated future events or developments are forward-looking. These statements are not historical facts and are typically identified by terms like “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” or similar wording, or that events or conditions “will,” “would,” “may,” “could,” or “should” happen. Forward-looking statements in this release pertain to matters such as the completion of the Upsized Offering and the planned use of its proceeds. While the Company believes these statements are based on reasonable assumptions, they are not guarantees of future performance. Actual results may vary materially due to factors like market prices, the ongoing availability of capital and financing, and general economic, market, or business conditions. Investors are warned that such statements are not assurances of future results, and actual outcomes may differ significantly from projections. Forward-looking statements reflect the beliefs, estimates, and opinions of Company management as of the statement date. The Company disclaims any obligation to update these statements should management’s views or other factors change, except as mandated by securities law.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
SOURCE American Atomics Inc.