Mr. Chris Huggins reports

GENERATIONS APPLICATION FOR MANAGEMENT CEASE TRADE ORDER AS PART OF THE 2025 AUDIT FILING PROCESS APPROVED

Generation Uranium Inc., further to its news release dated Aug. 25, 2025, continues to work toward the filing of its annual audited financial statements for the year ended April 30, 2025. Generation has provided a set of draft financial statements to its auditor. Both the company and its auditor continue to work diligently toward the completion and filing of the annual audited financial statements.

In connection with the anticipated delays in making the required filings, the company made an application for a management cease trade order under National Policy 12-203, Management Cease Trade Orders, to the British Columbia Securities Commission, as principal regulator for the company, and the MCTO was issued on Aug. 28, 2025. The MCTO restricts all trading by the company's chief executive officer and chief financial officer in securities of the company, whether direct or indirect.

The issuance of the MCTO will not affect the ability of persons who are not directors, officers or insiders of the company to trade their securities.

The MCTO will remain in effect until the required filings are filed or until it is revoked or varied.

The company's audited financial statements, management's discussion and analysis (MD*A), CEO and CFO certifications relating to the audited financial statements for the year ended April 30, 2025, were due to be filed by Aug. 28, 2025. The delay arose from the company's recent CFO transition; it is the auditor and company's joint assessment that additional time is required to complete the remaining audit procedures and the auditor's review process. The company and its auditor have nearly concluded the process of completing the associated audit work. The company will provide additional updates shortly once the anticipated filing date of the audited financial statements and MD&A have been determined.

The company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing biweekly default status reports in the form of a news release until it meets the required filings requirement. The company has not taken any steps toward any insolvency proceeding and the company has no material information relating to its affairs that has not been generally disclosed.

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 the territory of Nunavut.

We seek Safe Harbor.