The TSX Venture Exchange has accepted for filing an agreement dated Oct. 24, 2025, and an amended agreement dated Dec. 15, 2025, between Generation Uranium Inc. and arm's-length parties. Pursuant to the terms of the agreement, the company may acquire a 100-per-cent interest in the Yath uranium project, located in the territory of Nunavut.
By way of consideration, the company will make a cash payment of $60,000 and issue 14 million shares to the vendors over two years in equal tranches of seven million shares on exchange approval and seven million on the one-year anniversary of the signing of the agreement.
The vendors will retain a 2-per-cent net smelter return royalty.
For further details, please refer to the company's news releases dated Oct. 24, 2025, and Jan. 13, 2026.
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