Traction Uranium Corp.

Traction Uranium Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of unsecured convertible debentures of the Company for aggregate gross proceeds to the Company of C$500,000 . The Convertible Debentures are denominated in principal amounts of C$1,000 and will mature 12 months from the date of issuance . The Convertible Debentures will bear interest at a rate of 10 [...]

Traction Uranium Corp. is pleased to announce that it intends to complete a non-brokered private placement of unsecured convertible debentures of the Company in an aggregate amount of C$500,000 . The Convertible Debentures will be sold in principal amounts of C$1,000 and will mature 12 months from the date of issuance . The Convertible Debentures will bear interest at a rate of 10% per annum, calculated quarterly in [...]

Traction Uranium Corp. is pleased to announce the appointment of Dr. Jared Suchan as Director and Chief Executive Officer of the Company. Dr. Suchan is a professional geoscientist with more than a decade of experience advancing mineral exploration projects across Canada and the United States, working in diverse geological settings that include uranium, rare earth elements, lithium, diamonds, base metals, and gold. His [...]

Traction Uranium Corp. is pleased to announce the appointment of Paul Sparkes as Director of the Company. Mr. Sparkes is an accomplished business leader and entrepreneur with over twenty-five years of experience in media, finance, capital markets and Canada's political arena. Mr. Sparkes spent a decade as a leader in the broadcast and media industry as CTV Globemedia's Executive Vice President, Corporate Affairs. He also [...]

Traction Uranium Corp. announces that it has entered into debt settlement agreements with a director, an officer, and a consultant of the Company, respectively. Pursuant to the Agreements, the Company has agreed to settle debts in the aggregate amount of $283,400 through the issuance of 1,288,181 units at a deemed price of $0.22 per Unit, with each Unit being comprised of one common share in the capital of the Company and [...]

Traction Uranium Corp. is pleased to announce that it intends to complete a private placement financing of units at a price of C$0.18 per Unit, with each Unit being comprised of one common share and one Share purchase warrant . Each Warrant will be entitling the holder to purchase one Share at a price of C$0.24 during the period between the date that is 60 days from Closing and the date that is 24 months from Closing [...]

Traction Uranium Corp. announces that it has terminated the property option agreement with Forum Energy Metals Corp. entered into on February 3, 2023 , under which the Company had the option to earn and acquire up to a 100% interest in Forum Metals' Grease River Property located in Athabasca Basin, Northern Saskatchewan, Canada. The Company has decided not to continue with the Option Agreement and the exploration thereof [...]

Traction Uranium Corp. announces, further to its news release of September 5, 2024, that the consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every ten currently-outstanding common shares will have a record date of September 26, 2024. On a pre-Consolidation basis, the Company has 92,609,126 issued and outstanding common shares and, following the [...]

Traction Uranium Corp. is pleased to announce that its board of directors has approved a consolidation of the common shares of the Company on a ten-to-one basis. The Company has 92,609,126 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares to approximately 9,260,912 Common Shares. The Company will issue a subsequent news release, following its [...]

Traction Uranium Corp. announces the resignation of Faizaan Lalani as a Director of the Company. Mr. Lalani has been a Director of Traction since 2020. "We would like to thank Faizaan for all of his invaluable contributions to the Company," Paul Gorman, Chief Executive Officer of the Company said. "We wish him all the best in his future endeavours." About Traction Uranium Corp. Traction Uranium Corp. is in the business of [...]