Traction Uranium Corp. plans to complete a private placement financing of units at C$0.18 per Unit, with each Unit consisting of one common share and one Share purchase warrant. The Offering is expected to close on or about August 8, 2025, with a minimum of 2,777,777 Units needed for gross minimum proceeds of C$500,000. The securities issued under the Offering will be offered for sale to purchasers resident in all provinces of Canada (except Quebec) under the LIFE Exemption. The Company has also entered into an Amending Agreement for the Hearty Bay Project, extending certain payment deadlines and exploration expenditure deadlines in exchange for issuing 400,000 common shares. The securities described in the Offering have not been registered under U.S. securities laws and may not be offered or sold in the United States.

Traction Uranium Corp. is focused on mineral exploration and developing discovery prospects in Canada, including its uranium project in the Athabasca Region. The Company encourages individuals to learn more about its exploration-stage activities in Canada’s Western region on their website. This press release contains forward-looking information regarding the Offering, use of proceeds, and the Amending Agreement, with various assumptions and factors applied in drawing conclusions. Forward-looking information involves risks and uncertainties, and investors should not place undue reliance on it. The Canadian Securities Exchange has not reviewed the contents of this press release.

Read more at GlobeNewswire: Traction Uranium Announces LIFE Offering for up to