Global Uranium amends LIFE offering to minimum $1.5M

Executive Summary

• Global Uranium Corp. has amended its previously announced private placement financing under the Listed Issuer Financing Exemption, increasing the minimum raise to C$1.5 million.
• The company intends to issue a minimum of 10 million units at a price of C$0.15 per unit, with each unit consisting of one common share and one share purchase warrant.
• The offering is expected to close on or about September 19, 2025, with net proceeds designated for exploration activities, general administrative expenditures, and working capital.

Key Details

• Transaction Structure: Non-brokered private placement financing pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106, as amended by Coordinated Blanket Order 45-935.
• Pricing: C$0.15 per unit.
• Quantity: Minimum and maximum of 10 million units.
• Gross Proceeds: Minimum of C$1.5 million.
• Unit Composition: Each unit comprises one common share and one share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to purchase one additional common share at an exercise price of C$0.20 per share.
• Warrant Expiry: 24 months from the closing date.
• Closing Date: Anticipated on or about September 19, 2025, or any other date determined by the company, but no later than 45 days after the news release date (September 17, 2025).
• Use of Proceeds: Exploration activities, general administrative expenditures, and general working capital purposes.
• Jurisdiction: Securities offered to purchasers resident in all Canadian provinces except Quebec; no resale restrictions apply under applicable Canadian securities laws.
• Documentation: An amended offering document dated September 17, 2025, is available via SEDAR+ and the company website.

Notable Quotes

• None provided in the text.