Traction Uranium Files Amended and Restated LIFE Offering Document

Article content

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Article content

CALGARY, Alberta, April 22, 2026 (GLOBE NEWSWIRE) — Traction
Uranium
Corp.
(CSE:
TRAC)
(OTC:
TRCTF)
(FRA:
Z1K) (the “Company” or “Traction”) announces that it has filed an amended and restated offering document dated April [20], 2026 (the “Amended and Restated Offering Document”) pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Blanket Order”). The Amended and Restated Offering Document was filed after the Company satisfactorily addressed regulatory comments regarding the Company’s reliance on the Blanket Order.

Article content

Article content

Article content

For more information about the Offering, please refer to the Company’s news release dated April 14, 2026. The Amended and Restated Offering Document can be accessed under the Company’s SEDAR+ profile at www.sedarplus.ca and on the Company’s website at www.tractionuranium.com. Prospective investors should read the Amended and Restated Offering Document before making an investment decision.

Article content

Article content

As announced on April 14, 2026, the Company anticipates closing the Offering on or about April 28, 2026 and such closing is subject to certain conditions customary for transactions of this nature, including but not limited to receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.

Article content

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Article content

Article content

About
Traction
Uranium
Corp.

Article content

Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca Region.

Article content

We invite you to find out more about our exploration-stage activities across Canada’s Western region at https://tractionuranium.com/.

Article content

On
Behalf
of
The
Board
of
Directors

Article content

Article content

Forward-Looking
Statements

Article content

This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements and include but are not limited to: receipt of regulatory approvals; the Company’s reliance on the Blanket Order; statements with respect to future financial or operating performance of the Company; and the closing of the Offering. Such forward-looking statements involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include but are not limited to the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.