Generation Uranium Closes Final Trance of Non-Brokered Private Placement

Executive Summary

• Generation Uranium Inc. has closed the final tranche of its non-brokered private placement, raising an additional $202,620.
• The capital will be directed toward exploration on Canadian uranium and critical mineral properties, general working capital, marketing, and project development.

Key Details

• Raised $202,620 through the issuance of 2,894,570 units at a price of $0.07 per unit.
• Each unit consists of one common share and one-half of one common share purchase warrant.
• Each whole warrant is exercisable to purchase one common share at $0.12 per share for a two-year period expiring June 15, 2028.
• Paid $840 in finder fees and issued 12,000 finder warrants at $0.12 per finder warrant share, also expiring June 15, 2028.
• All securities issued are subject to a four-month hold period expiring October 16, 2026.
• Proceeds allocated to exploration on Canadian uranium/critical mineral properties, general working capital, marketing, and project development.