Nuclear Momentum Builds as This Microcap Adds White House-Level Firepower

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Wednesday, June 3, 2026

As artificial intelligence, electrification, and industrial reshoring continue driving demand for reliable baseload power, nuclear energy has reemerged as a strategic priority across North America. Policymakers and industry leaders alike are increasingly focused on rebuilding domestic uranium and nuclear fuel supply chains as energy security concerns move to the forefront.

Shares of American Atomics Inc. (CSE: NUKE) (OTC: GNEMF) are trading higher Wednesday after the company announced the formation of a formal advisory board led by Dr. Tomas J. Philipson, a former Acting Chairman of the White House Council of Economic Advisers.

Dr. Philipson brings extensive public policy and economic experience to the company, having served as a Member, Vice Chairman, and Acting Chairman of the President’s Council of Economic Advisers. During his time in the White House, the Chairman of the Council of Economic Advisers was a named member of the U.S. Nuclear Fuel Working Group, which was tasked with developing recommendations aimed at revitalizing domestic nuclear fuel production.

American Atomics said Dr. Philipson will advise the company on policy alignment, federal engagement, strategic positioning, economic framing, and its broader efforts to support domestic nuclear fuel-cycle independence. The company has granted him 500,000 stock options with a three-year term and quarterly vesting schedule.

The appointment comes as American Atomics advances its “rocks to reactor” strategy, which focuses on uranium exploration, milling opportunities, and related technologies designed to strengthen North American nuclear fuel supply chains. The company is positioning itself around key themes that continue gaining support from both governments and industry participants, including energy security, critical minerals development, and reducing dependence on foreign-controlled fuel sources.

The company also announced the creation of a formal advisory board that will include Dr. Philipson as chairman alongside existing advisors Dr. Erik Hunter, Adam Falkoff, Paul Szilagyi, and Craig Howell. Management stated that experienced advisors can play an important role in helping the company execute its long-term strategy and navigate a rapidly evolving nuclear landscape.

Further supporting its nuclear ambitions, American Atomics highlighted its membership in the U.S. Department of Energy’s Defense Production Act Nuclear Fuel Cycle Consortium, an initiative established to strengthen coordination across the domestic nuclear industrial base, including mining, milling, conversion, enrichment, fabrication, recycling, and reprocessing activities.

In conjunction with the announcement, the company also granted stock options to directors, officers, and consultants covering an aggregate 3.51 million common shares at an exercise price of C$0.35 per share.

Shares of NUKE are up 7.1% to C$0.30 in Wednesday trading, while shares of GNEMF, which trade more thinly, are flat at $0.22.

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