Lotus Resources (ASX: LOT) Offtake and Funding Investor Webinar/Conference Call

Lotus Resources (ASX: LOT) has announced a binding agreement and a term sheet for U3O8 sales, as well as a binding unsecured loan facility for the restart of our Kayelekera Uranium Project in Malawi. Together, these arrangements represent the sale of a minimum of 1.5 million lbs and up to 1.8 million lbs of uranium produced at Kayelekera from 2026 through until the end of 2032 to PSEG, a subsidiary of Public Sector Enterprise Group, a diversified energy company based in Newark, New Jersey, and Curzon Uranium Ltd, a leading international uranium market participant.