Traction Uranium Corp.

Traction Uranium Corp. announces the completion of a single sonic drill hole at the Hearty Bay Property and the early suspension of the drill program due to deteriorating ice conditions on Lake Athabasca. The use of a track mounted sonic drill has resulted in the recovery of till for the first time under the lake in the up-ice direction from the high grade boulder trains on Isle Brochet and resulted in the recovery of a [...]

Traction Uranium Corp. is pleased to announce that the 2024 winter drill program at the Hearty Bay project is underway with the arrival of the Boart Longyear drill crew on site. The program is designed to find the source of glacially dispersed uraniferous boulders and anomalous till geochemistry samples on Isle Brochet. The glacially dispersed material in combination with the recently completed gravity survey provides [...]

Traction Uranium Corp. is pleased to announce that the 2024 winter gravity survey at the Hearty Bay project has been completed. A total of 2155 stations were measured, the grid starting at the head of the two radioactive boulder trains and covering both up-ice directions and to the east, which is interpreted to be an older ice direction based on glacial features to the south. The survey has identified a number of gravity [...]

Traction Uranium Corp. is pleased to announce that, in connection with the mineral property option agreement between the Company and Forum Energy Metals Corp. dated February 3, 2023 , as amended, the Company has issued a further 250,000 common shares in its capital to fulfill its obligations to date in accordance with the terms and conditions of the Option Agreement. Pursuant to the Option Agreement, as previously [...]

Traction Uranium Corp. a uranium exploration company with projects in Saskatchewan's Northern Athabasca Basin, is pleased to announce mobilization of a gravity crew to the company's Hearty Bay Project. Traction will be conducting a gravity survey on Hearty Bay prior to diamond drilling to maximize targets for this winter's program. The Hearty Bay Project is an ice-road program and suitable ice thickness must be achieved [...]

Traction Uranium Corp. is pleased to announce that, further to its news release of October 27, 2023 and November 14, 2023 which announced: i.) a private placement offering of up to 10,000,000 non-flow through units and up to 5,714,285 flow-through units, as well as, ii.) the closing of the first tranche of the Offering, respectively, it has closed the second tranche of the Offering by issuing 2,000,000 FT units at a price [...]

Traction Uranium Corp. is pleased to announce that, further to its news release of October 27, 2023 which announced: i.) a non-brokered private placement of up to 10,000,000 units of the Company pursuant to the listed issuer financing exemption for gross proceeds of up to $1,500,000 ; and, ii.) a non-brokered private placement of up to 5,714,285 flow-through units of the Company for gross proceeds of up to $1,000,000 , it [...]

Traction Uranium Corp. and Forum Energy Metals Corp. are pleased to announce they have completed an initial review of an airborne magnetic, electromagnetic and radiometric survey on Forum's 100%-owned Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The survey was conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone . Highlights [...]

Traction Uranium Corp. announces amendments to the terms of its non-brokered private placement financing pursuant to the listed issuer financing exemption under Part 5A.2 of National Instrument 45-106 - Prospectus Exemptions previously announced on September 27, 2023 ; and further announces an additional non-brokered private placement of up to 5,714,285 flow-through units of the Company for gross proceeds of up to [...]

Traction Uranium Corp. announces that it intends to complete a non-brokered private placement financing of up to 6,818,181 units of the Company at a price of $0.22 per Unit for aggregate gross proceeds of up to $1,500,000. Each Unit shall consist of one common share in the capital of the Company and one Share purchase warrant , whereby each Warrant shall entitle the holder thereof to purchase an additional Share at an [...]