Mr. Ungad Chadda reports

GLOBAL URANIUM CORP. ANNOUNCES NON-BROKERED CONVERTIBLE DEBENTURE FINANCING

Global Uranium Corp. intends to complete a non-brokered private placement financing of up to $750,000 principal amount of unsecured convertible debentures. The debentures are intended to be sold in principal amounts of $1,000 and bear interest at a rate of 10 per cent per annum, and to mature 24 months from the date of issue.

The principal amount of the debentures shall be convertible, at the option of the holder, into units of the company at any time prior to maturity, at a conversion price equal to the five-day volume-weighted average price at the time of conversion, subject to compliance with the policies of the Canadian Securities Exchange, including that the conversion price may not equate to below five cents per unit.

Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share for a period of 24 months at an exercise price equal to 6.5 cents.

The company intends to use the net proceeds of the offering for working capital and general corporate purposes, including advancement of the company's uranium exploration projects. The offering is expected to close on or about June 30, 2026.

The debentures and underlying securities will be subject to a statutory four-month-and-one-day hold period from the issue date of the debentures. Closing of the offering is subject to the company's receipt of all necessary regulatory approvals, including approval of the CSE.

About Global Uranium Corp.

Global Uranium focuses on exploring and developing uranium assets primarily in North America. The company currently holds key uranium projects: the Wing Lake project in the Mudjatik domain of Northern Saskatchewan, Canada; the Astro project (with Cosa Resources Corp.) in the eastern Athabasca basin, Saskatchewan; the Airline project in the northern Wind River basin, Wyoming, United States; and additional projects across the Gas Hills and Great Divide districts in Wyoming.

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