Stearman Appoints New CEO

(via TheNewswire)

VANCOUVER, BRITISH COLUMBIA – August 29, 2025 – TheNewswire - Stearman Resources Inc. (CSE:STMN) (“Stearman” or the “Company”) is pleased to announce that it has appointed Mr. Lester Esteban of Saskatoon, Saskatchewan as the Chief Executive Officer of the Company.

Mr. Esteban is an experienced mining executive with over 15 years’ experience in the mining, chemical and industrial markets. Mr. Esteban previously held roles with Univar Solutions Inc. and Quadra Chemicals Ltd. both leading chemical distributors, and Draeger Safety Canada Ltd., one of the world’s leading safety manufacturing companies. Mr. Esteban had served as the Chief Executive Officer of Traction Uranium Corp. and remains as a Director on the Board. He had served as the Vice Chair of the CMP (Canadian Mineral Processors) Saskatchewan & Manitoba Regional Committee of the CIM (Canadian Institute of Mining Metallurgy and Petroleum) and completed his term as a Director with Pickleball Canada.

Mr. Howard Milne will continue as President of the Company.

About Stearman

The Company is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. The Company currently owns a 100% interest in the NeoCore Uranium Property (the “Property”) consisting of 6 mineral claims covering 13,012 hectares, located in the Athabasca Basin in northern Saskatchewan.  The Company further holds an option for up to a 70% interest in the Murphy Lake uranium property, consisting of 609 hectares also located in the Athabasca Basin in northern Saskatchewan.

Contact:

Stearman Resources Inc.

Howard Milne, President

Email: [email protected]

Telephone: (604) 377-8994

Website: www.stearmanresources.com

Forward Looking Statements: This press release may contain “forward‐looking information or statements” within the meaning of Canadian securities laws, which may include, but are not limited to statements relating to its future business plans. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

The CSE has neither approved nor disapproved the contents of this press release. Neither the CSE nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

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