Mr. Chris Huggins reports

GENERATION URANIUM ANNOUNCES PRIVATE PLACEMENT AND NEW CFO

Generation Uranium Inc. has arranged a non-brokered private placement for aggregate gross proceeds of up to $550,000. The company intends to issue up to 11 million shares at a purchase price of five cents per unit. Each unit will comprise one common share in the capital of Generation and one full warrant at the exercise price of 10 cents.

The company intends to use the net proceeds from the offering to help define new drill targets on its Yath project, a high-grade uranium property situated in the Thelon basin in Nunavut, Canada, and for market awareness and general working capital.

Insiders may participate in the placement and, as such, their participation in the private placement is a related party transaction under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Finders' fees in connection with the offering may be payable in accordance with the policies and subject to the approval of the TSX Venture Exchange. All shares issued in connection with the offering will be subject to a statutory holding period of four months and one day after the closing of the offering.

Completion of the offering is subject to the approval of the TSX-V. Any participation by insiders in the offering will constitute a related party transaction under MI 61-101 but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

Generation Uranium would also like to announce that Sonu Unnoonni will be joining the team as chief financial officer. Mr. Unnoonni (MBA, CGBA) is a seasoned finance leader with over 20 years of experience across diverse sectors, including sustainable utilities, oil and gas, consumer goods, and industrial services. He has built a strong reputation for driving financial strategy, enhancing operational efficiency and strengthening internal controls to support sustainable growth and long-term value creation. Mr. Unnoonni has led core finance functions in both high-growth private enterprises and multinational joint ventures, overseeing budgeting, forecasting, financial planning and regulatory compliance. He has been instrumental in aligning reporting practices with IFRS (international financial reporting standards) and embedding sound corporate governance frameworks across varied business environments. He has contributed meaningfully to board-level discussions by translating complex financial data into actionable strategic insights. His leadership is grounded in a commitment to financial integrity, operational excellence and aligning fiscal strategy with long-term business goals.

Marcy Kiesman will be stepping down as chief financial officer to focus on her successful company. Generation wishes Ms. Kiesman all the best with her endeavours moving forward.

About Generation Uranium Inc.

The company is a natural resource company engaged in the exploration and development of mineral properties. Generation holds a 100-per-cent interest in the Yath uranium project, located in Nunavut.

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