Mr. Greg Ferron reports
GREEN CANADA URANIUM ANNOUNCES FIRST TRANCHE CLOSING OF FLOW THROUGH SHARE FINANCING
Further to Green Canada Uranium Corp.'s news release of Oct. 27, 2026, it has closed the first tranche of its non-brokered private placement and raised $382,500 through the issuance of 3.06 million flow-through common shares at a price of 12.5 cents per flow-through share.
The company paid finders' fees of $24,500 and issued 196,000 finder warrants at a price of 12.5 cents for one a period of year expiring Nov. 3, 2027.
All securities issued are subject to a four-month hold period expiring March 4, 2027.
The gross proceeds from the private placement 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.
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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