Traction Uranium Corp. plans to complete a $500,000 non-brokered private placement offering of unsecured convertible debentures, with each debenture bearing 10% interest and convertible into units of the company. The company intends to use the net proceeds for general and administrative expenses and working capital. The offering is expected to close on January 16, 2026, subject to regulatory approvals. All securities issued will be subject to a four-month hold period. The company is engaged in mineral exploration and development, including a uranium project in the Athabasca Region. Forward-looking statements caution investors about potential risks and uncertainties.

Read more at GlobeNewswire: Traction Uranium Announces Private Placement of C$500,000