Generation Uranium Signs new agreement on the Yath Extension project.

On December 15, 2025, Generation Uranium entered into a definitive purchase agreement with arm's-length vendors to acquire 100% ownership of the Yath Extension property. The acquisition adds 4,123.94 hectares across five claims, increasing the total size of the Yath Project to approximately 18,214.87 hectares. This agreement reduces share payments by 6 million shares and break share payments into two tranches over 2 years (full agreement terms described below).

Geological Highlights

The Yath Extension property is underlain by Archean basement rocks of the Kaminak Group, known to host uranium-copper mineralization within quartz-vein stockworks and brecciated zones. Historical mapping and sampling confirm the presence of narrow, high-grade mineralized shears and fractures, with sharp boundaries of mineralization.

SC-13 Zone

• Historical TrenchA:metersaveraging0.82lb/ton?O?;peaksampleSC13-A4returned0.188%?O?withzones of 80,000CPS

• Historical TrenchB:8.4metersaveraging1.79lb/ton?O?;peaksampleSC13-B3returned0.52%?O?,withzones of 75,000CPS

• Mineralizationincludescalcite,pitchblende,hematite,pyrite,andchalcopyrite. Afloatsampleexhibited 10.1%Na?Oand0.26%U,indicatingdistinctsodium-richalterationsignature

PWR Area

• HistoricalVLFconductorsremainunexplained

• Quartz-carbonate vein systems with brecciated host rock, and moderate pyrite mineralization observed

Fox Lake

• A float boulder sample showed the same sodium alteration signature observed at SC-13 Zone, suggesting the potential for a similar exploration target at Fox Lake.

Strategic Significance

This acquisition strengthens Generation's control over key structural corridors extending across the Yath Basin and aligns with the Company's objective to advance high-priority exploration targets within a proven uranium district.

Mihcael Collins, CEO of Generation Uranium commented: "The acquisition of these claims expands on our core holdings in the Yathkyed Basin and targeted Kaminak Group rocks in the basin margin. Meaningfully expands our Yath Project and our strategic position within Nunavut's uranium belt. The additional high-value targets complement our existing portfolio and reinforce our focus on systematic exploration and discovery."

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Figure 1: Yath Extension claims highlighted in dark green

Transaction Summary

• Vendorswillreceive14,000,000commonsharesofGenerationUranium over two years in equal tranches of 7,000,000 shares on exchange approval and 7,000,000 on the one-year anniversary of the signing of the agreement

• cashpaymentof$60,000uponclosing

• 2%NetSmelterReturn(NSR)royaltywillbegranted

• CompletionremainssubjecttoTSXVentureExchangeapprovalandapplicableresalerestrictions

Qualified Person

Derrick Strickland, is an-independent and a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), has reviewed and approved the scientific and technical information contained in this news release. The qualified person has been unable to verify the information on the adjacent properties and the information disclosed is not necessarily indicative of mineralization on the company's properties

For Further Information

Michael Collins, P.Geo., Chief Executive Officer

+1(778) 819-7881

admin@generationuranium.com

About Generation Uranium

Generation Uranium is a Canadian resource exploration company with a focus on Uranium. The Company is advancing its 100-per-cent-owned Yath uranium project, strategically located in Nunavut's Angilak district, one of Canada's most active emerging uranium camps. With a robust pipeline of high-priority exploration targets and exposure to proven uranium-bearing corridors, Generation is well positioned to contribute to the future supply of clean nuclear energy.

REFERENCES

• 2011SeasonAngilakLakePropertyProspectingSummaryPreparedforKivalliqEnergyCorp.Suite1020-800West PenderSt.Vancouver,B.C.byCameronBarker,ProspectorDiscoveryConsultants201-2928291hSt.Vernon, B.C.

• 1978 Papish, N.Z., Tilsley, R.A., Sheppard, B. and Cluff. G.R. Geological,Geophysical, Geochemical, Trenching and Diamond Drilling Report for Yathkyed Lake Area Claim Groups., NTS 65-J-5, 6, 7, 10 and 11 . Noranda ExplorationCompanyAssessmentReport,41p.

• 1977Eaton,D.R.andTilsley,R.A.Reportonthe1977YathkyedDiamondDrillingProgram.NorandaExploration CompanyAssessmentReport,16p.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

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