CALGARY, April 18, 2023 - Traction Uranium Corp. (the "Company" or "Traction") (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K), a mineral exploration issuer focusing on the development of discovery prospects in Canada, including its three uranium projects in the world-renowned Athabasca Region, is pleased to announce that Ken Wheatley P.Geo., M.Sc. has been appointed as Chair of the Company's Technical Committee.
Mr. Wheatley is a Professional Geoscientist (P.Geo.) with the Association of Professional Engineers and Geoscientists in Saskatchewan. With over 40 years of uranium exploration experience in Canada, Mr. Wheatley started uranium exploration in the 1980's with Amok Ltd. and Uranerz Exploration and Mining Ltd. where he discovered the BV and the P-Patch uranium occurrences at Key Lake before joining Areva Resources Canada Inc. (now Orano) where he led the exploration team in discovery and delineation of the Midwest A deposit. Most recently Mr. Wheatley was the Vice President of Exploration for Forum Energy Metals Corp., including the Key Lake Road projects and he discovered the Opie, Barney and Otis West uranium showings at Northwest Athabasca.
Mr. Wheatley has a record of mineral discoveries, including eight uranium deposits, four of which became producing mines in the Athabasca Basin, Saskatchewan. Mr. Wheatley graduated with an H.B.Sc. from Laurentian University in 1980, and a M.Sc. from the University of Saskatchewan in 1985.
Lester Esteban, Chief Executive Officer, stated, "We are thrilled to have Ken on board as the Chair of our Technical committee which includes Dr. Boen Tan and Dr. Yuanming Pan. Combined, our team boasts over 100 years of combined Athabasca Basin uranium exploration experience coupled with an impressive track record of previous discoveries. Both Ken and Boen have made uranium discoveries in the Key Lake area where our Key Lake South Project sits, their knowledge of the area is extensive. Ken has been leading exploration programs in senior leadership positions for over 30 years. As an experienced presenter and author of several papers, his knowledge of uranium exploration and the Athabasca Basin is exceptional, and I am grateful to have him on our committee and leading the team."
About Traction Uranium Corp.
Traction Uranium (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration and the development of discovery prospects in Canada, including its three uranium projects in the world-renowned Athabasca Region.
We invite you to find out more about our exploration-stage activities across Canada's Western region at www.tractionuranium.com.
On Behalf of the Board of Directors
Lester Esteban
Chief Executive Officer
+1 (604) 561 2687
info@tractionuranium.com
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the expected use of proceeds from the Private Placement are "forward-looking statements". These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
