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Traction Uranium Announces Closing of Non-Brokered Flow-Through Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company (each, a "Unit") at a price of C$0.95 per Unit, issuing 789,500 Units for aggregate gross proceeds of C$ $750,025.00 (the "Offering"). Each Unit consists of one common share of the Company issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act") (each, an "FT Share") and one-half of one transferable common share purchase warrant of the Company (each whole warrant, a "Warrant").

Traction Uranium Announces Non-Brokered Flow-Through Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES