Mr. Greg Ferron reports

GREEN CANADA URANIUM ANNOUNCES FLOW THROUGH SHARE FINANCING

Green Canada Uranium Corp. has arranged a non-brokered private placement of up to $500,000 through the issuance of flow-through (FT) common shares at a price of 12.5 cents per FT share.

The gross proceeds from the offering will be used for Canadian exploration expenses (CEE) that qualify as flow-through mining expenditures. Eligible investors will be entitled to claim the enhanced 30-per-cent critical mineral exploration tax credit, as well as regular flow-through deductions.

The company intends to pay finders' fees in accordance with the policies of the TSX Venture Exchange. Closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

All securities issued under the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

Market liquidity agreement

Green Canada also announces it has engaged T2W Market Liquidity, effective Nov. 1, 2026, to provide market liquidity services for its common shares listed on the TSX Venture Exchange. T2W is a Dundas, Ont.-based private company that is in the business of providing market liquidity services to listed issuers since 2009.

In consideration of market stabilization and liquidity services to be provided, the company will pay T2W a monthly flat fee of $3,500 (plus applicable taxes). T2W's remuneration is in no way contingent upon the market price or trading volume of the common shares of the company on the TSX Venture Exchange. T2W is entirely independent of the company and will at all times be trading as principal for its own account and using its own capital. T2W will use their knowledge and discretion in providing these services, and no assurance has been made as to any particular effect or result regarding the market for the company's common shares. T2W has covenanted to operate in accordance with best trading practices at all times.

Stock option grant

The company announces that, in accordance with the company's stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 2,298,500 common shares exercisable on or before Oct. 27, 2031, at a price of 11 cents per share.

About Green Canada Uranium Corp.

Green Canada Uranium is a mineral resource company engaged in the acquisition, exploration and development of uranium properties in Canada. The company holds a portfolio of uranium properties in the Athabasca basin in Saskatchewan and the Otish basin in Quebec, including the flagship 100-per-cent-owned Marshall project in the eastern Athabasca basin, Saskatchewan.

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