Snow Lake Resources Ltd. Launches Kadmos Energy Services

Snow Lake Resources Ltd. has announced the creation of Kadmos Energy Services LLC, a new U.S.-based nuclear energy company focused on the design and deployment of small modular reactors (SMRs). Led by Dr. Youssef Ballout, a distinguished nuclear technology expert, Kadmos aims to position Snow Lake at the forefront of the nuclear energy resurgence. Snow Lake will invest up to US$10 million for a 49% ownership stake in Kadmos, with an initial investment of US$2 million already completed. This strategic expansion marks Snow Lake's transition from uranium exploration and development into nuclear power generation and technology development. Kadmos' near-term focus is on delivering turnkey, modular, and rapidly deployable light water reactors to meet the surging electricity demands of utilities, data centers, and industrial energy users. This move aligns with U.S. Administration policies aimed at accelerating the deployment of nuclear energy and quadrupling nuclear energy capacity by 2050.