
FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-43094 JAGUAR URANIUM CORP.(Exact name of registrant as specified in its charter) (Registrant's telephone number, including area code):(416) 648-4065 Securities registered pursuant to Section12(b) of the Act: Securities registered pursuant to Section12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act. Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically, everyInteractive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☐Non-accelerated filer☒ Accelerated filer☐Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicated by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The aggregate market value of the common shares held by non-affiliates of the registrant, computed as of June30, 2025(the lastbusiness day of the registrant’s most recently completed second fiscal quarter), was approximately$36.05 million. As of March 27, 2026, the number of shares outstanding of the registrant’s Class A common shares was 20,193,777. Documents Incorporated by Reference:Portions of the registrant’s definitive proxy statement relating to its2026Annual Meeting ofShareholders to be filed hereafter are incorporated by reference into Part III of this Annual Report on Form 10-K. JAGUAR URANIUM CORP. FORM 10-K TABLE OF CONTENTS Part I. Item 1.Business.1Item 1A.Risk Factors.13Item 1B.Unresolved Staff Comments.32Item 1C.Cybersecurity32Item 2.Properties.32Item 3.Legal Proceedings.52Item 4.Mine Safety Disclosures.52Information About Our Executive Officers52 Part II. Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.53Item 6.[Reserved]55Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations.55Item 7A.Quantitative and Qualitative Disclosures about Market Risk.62Item 8.Financial Statements and Supplementary Data.F-1Item 9.Changes In and Disagreements with Accountants on Accounting and Financial Disclosure.63Item 9A.Controls and Procedures.63Item 9B.Other Information.63Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections63 Part III. Item 10.Directors, Executive Officers and Corporate Governance.64Item 11.Executive Compensation.68Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.72Item 13.Certain Relationships and Related Transactions, and Director Independence.73Item 14.Principal Accountant Fees and Services.75 Item 15.Exhibits, Fina