American Future Fuel Corporation is a Canadian-based resource company focused on the strategic acquisition, exploration and development of uranium projects.  The Company holds a 100% interest in the Cebolleta Uranium Project, located in Cibola County, New Mexico, USA, and situated within the Grants Mineral Belt, a prolific mineral belt responsible for approximately 37% of all Uranium produced in the United States of America.  American Future Fuel’s Cebolleta Uranium project is an advanced exploration project with an historical resource estimate of 18.98 million pounds of U₃O₈.

^{The reliability of the historical estimate is considered reasonable, but a qualified person has not done sufficient work to classify the historical estimate as a current Mineral Resource and the Company is not treating the historical estimate as a current Mineral Resource).}