Recent Updates — SOWG

Sow Good Inc. and its subsidiary SOWG Tanzania Inc. entered into an Extension Letter with Ryzon Materials Limited, Uranex Tanzania Limited, Magnis Technologies (Tanzania) Limited, and Uranex ESIP Pty Limited regarding the Share Purchase Agreement dated April 20, 2026. The amendment extends the Sunset Date for the transaction to October 30, 2026. This update pertains to the company's ongoing efforts to acquire assets in Tanzania.

Sow Good Inc. and its subsidiary SOWG Tanzania Inc. entered into a Deed of Amendment to their Share Purchase Agreement with Ryzon Materials Limited and related entities, restructuring the acquisition of Uranex Tanzania Limited and Magnis Technologies (Tanzania) Limited. The amendment clarifies the consideration value at AUD$96,413,866 and establishes that SOWG Tanzania will subscribe for 99.97% of the issued share capital of each target company directly via a separate Investment and Share Subscription Agreement for approximately $129,559, while sellers retain the remaining 0.03% as bare nominees. This strategic transaction expands the company's lithium mining operations in Tanzania.