Fusion Fuel appoints uranium investor James Passin to board

Fusion Fuel Green PLC (NASDAQ: HTOO) announced that its Board of Directors approved the appointment of James Passin to its Board of Directors. The appointment comes as the company pursues its uranium royalty strategy through a planned acquisition of Royal Uranium Inc.

Passin brings more than 20 years of uranium-focused investing experience to the role. He was among the earliest professional investors to identify uranium's investment potential, establishing uranium exploration and mining as a core focus in 2000 at Firebird Global Fund when prices were below $8 per pound. During his tenure at Firebird Management, he directed and managed a resource portfolio exceeding $1 billion.

Fusion Fuel is building a uranium royalty platform designed to provide exposure to uranium price appreciation and project advancement without direct mining operations. The company's strategy involves acquiring royalty interests that allow participation in uranium sector upside while operators handle development and operating costs.

Through its planned acquisition of a controlling interest in Royal Uranium, Fusion Fuel seeks to build a diversified uranium royalty platform with exposure to projects across multiple jurisdictions, including Canada's Athabasca Basin. The portfolio includes royalty interests associated with projects operated by established uranium industry participants, including Cameco Corporation, Denison Mines Corp., Orano SA, Uranium Energy Corp., and IsoEnergy Ltd.

The Royal Uranium transaction, announced February 18, 2026, is subject to several conditions including approval by the Irish Takeover Panel, Fusion Fuel shareholder approval, and satisfaction of other regulatory requirements. The transaction is expected to close in the first half of 2026.

Passin currently serves as Co-founder and CEO of BioVaxys Technology Corp. and as a director of St-Georges Eco-Mining Corp. He holds certifications from the Singapore Institute of Directors and the Mongolian Corporate Governance Institute.

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