Segra Capital Management, LLC is a Florida limited liability company formed on March 5, 2013. The principal owner of the Firm is Adam R. Rodman, who serves as our Chief Executive Officer (“CEO”) and Chief Investment Officer (“CIO”). We serve as the investment manager for and provide discretionary investment advisory services to private investment funds. We currently manage two private funds (the “Funds” or “Clients”), Segra New Energy Opportunities I, LP, a Delaware limited partnership, and Segra Resource Partners, LP, a Cayman Islands exempted limited partnership, which has a U.S. feeder fund structured as a Delaware limited partnership, and an offshore feeder fund structured as a Cayman Islands exempted company. The feeder funds invest all of their assets in, and conduct all of their investment and trading activities through, Segra Resource Partners, LP. Segra does not have a separate client relationship with investors in the Funds, which are referred to throughout this Brochure as “Investors”. The investment objective of Segra Resource Partners, LP is to seek to profit from fluctuations in the price of uranium and uranium related securities, as well as securities relating to the nuclear power industry. Investments primarily include, but are not limited to, equities, debt, warrants and options – both in the public and private markets. Segra Resource Partners, LP attempts to achieve returns based on a rise in the price of uranium (and related equities in the space) and the growth in global nuclear power generation. To seek to achieve this objective, we implement a targeted and concentrated investment strategy that employs primarily fundamental

analysis in its research. Segra Resource Partners, LP invests primarily in public securities, and strategically find private investment opportunities as the uranium investment cycle matures. There are no material restrictions – other than that investments should be made in uranium or nuclear power related opportunities – on the particular types of strategies or instruments in which Segra Resource Partners, LP may engage or invest, on the percentage of Segra Resource Partners, LP’s assets that may be committed to a particular type of investing, or on the particular trading markets in which Segra Resource Partners, LP may invest. There is also no limitation on the percentage of assets Segra Resource Partners, LP may hold in cash or cash equivalents. Segra New Energy Opportunities I, LP was formed with the purpose of making a single investment in a venture stage company, principally by investing in and holding equity and equity-oriented securities a privately held company. For more information on the investment strategy of our Clients, please see Item 8: Method of Analysis, Investment Strategy and Risk of Loss. The firm tailors its advisory services in accordance with our Clients’ needs and investment strategies as disclosed in their offering documents. We have full discretion in trading on behalf of our Clients. We do not require, and do not seek, approval from our Clients or the Investors in our Clients with respect to their trading. We do not participate in any wrap fee programs. As of December 31, 2023, we managed approximately $450 million of client assets on a discretionary basis. We do not manage any client assets on a non-discretionary basis.