Mr. Peter Cheung reports

PTX METALS' EQUITY HOLDING OF GREEN CANADA CORPORATION AND MAACKK CAPITAL CORP. PROVIDE CORPORATE UPDATES

PTX Metals Inc.'s equity holding of Green Canada Corp. (GCC) and Maackk Capital Corp. have entered into a business combination agreement with respect to a proposed reverse takeover of Maackk by the securityholders of GCC.

GCC has also entered into a definitive mineral rights purchase and sale agreement dated Feb. 25, 2026, with Basin Energy Ltd. (Australian Securities Exchange: BSN) in connection with the proposed acquisition by GCC of Basin Energy Marshall Corp.'s 100-per-cent interest in the mineral claims known as the Marshall project located in the Athabasca basin of Saskatchewan, Canada, as previously announced in GCC's press release dated Nov. 24, 2025.

Concurrently with the execution of the Marshall acquisition agreement, GCC has entered into a definitive operator agreement with Basin Energy and CanAlaska Uranium Ltd. (TSX-V: CVV), pursuant to which, upon closing of the acquisition, CanAlaska will be appointed as the operator to carry out the initial work program for the Marshall project. In addition, GCC has entered into a definitive exclusivity agreement with Basin Energy and CanAlaska, pursuant to which, upon closing of the acquisition, CanAlaska and Basin Energy will grant GCC a nine-month exclusivity right to conduct due diligence and, if satisfactory, negotiate the terms of an earn-in option to acquire up to a 51-per-cent interest in the North Millennium joint venture project of CanAlaska and Basin Energy.

The closing of the acquisition is subject to, among other things, the closing of the proposed RTO.

GCC shareholders' meeting

In connection with the proposed RTO, GCC held a special meeting of shareholders on Feb. 26, 2026. At the GCC meeting, the shareholders of GCC: (a) approved the amalgamation agreement and the proposed amalgamation of GCC and a wholly owned subsidiary of Maackk as part of the proposed RTO; and (b) ratified and confirmed all acts and proceedings of the directors of GCC since its incorporation on Aug. 10, 2023, through the date of the GCC meeting.

Maackk shareholders' meeting

In connection with the proposed RTO, Maackk held an annual general and special meeting of its shareholders on Feb. 26, 2026. At the Maackk meeting, the shareholders of Maackk, among other things: (a) approved the continuance of Maackk from the province of Alberta into the province of Ontario; (b) approved the consolidation of all of the issued and outstanding common shares of Maackk on a 6.25 to one basis; (c) approved the name change from Maackk Capital Corp. to Green Canada Uranium Corp.; (d) elected Richard Mazur, Greg Ferron, Olivier Crottaz, Jean-David Moore and Peter Cheung as the directors of the resulting issuer of the proposed RTO; (e) approved new bylaws for the resulting issuer; (f) approved a new omnibus plan for the resulting issuer; (g) approved the appointment of Baker Tilly WM LLP as the new auditor of the resulting issuer; and (h) approved and confirmed all corporate actions of Maackk since May 14, 2021, that require shareholders' approval, each of the foregoing to take effect upon the closing of the proposed RTO.

Closing of additional tranches of GCC private placement

GCC announced the closing of additional tranches of its previously announced non-brokered private placement and issued a total of 1,762,730 common shares at a price of 13 cents per share for aggregate gross proceeds of $229,154.90.

The common shares issued pursuant to the private placement are subject to a statutory hold period of four months and one day after the later of (a) the closing date of the respective tranche of the private placement, and (b) the date GCC became a reporting issuer in any province or territory. The net proceeds of the private placement are expected to be used for general working capital and corporate purposes.

As of the date hereof, GCC issued a total of 6,154,460 common shares in connection with the private placement at a price of 13 cents per share for aggregate gross proceeds of $800,079.80.

About Green Canada Corp.

Green Canada has assembled a diverse set of Canadian-based uranium mineral properties focused on unconformity-style uranium deposits in the Athabasca basin of Saskatchewan, the Baker and Amer basins in Nunavut, and the Otish basin in Quebec. The flagship Marshall project to be acquired by GCC from Basin Energy Ltd. in connection with the proposed RTO and the adjacent North Millennium project areas are situated 11 kilometres west of Cameco's 69.9-per-cent-owned Millennium deposit and 20 km southwest of CanAlaska's Pike zone discovery on the West McArthur project in the Athabasca basin of northern Saskatchewan the second-largest production centre for uranium globally. The Key Lake-McArthur Road is 23 km to the southeast with winter access to the property either by winter road from the Millennium deposit to Friesen Lake, four km east of the property, or by a winter road from Key Lake to McIntyre Lake, four km south of the property.

About Maackk Capital Corp.

Maackk is an investment company. Maackk is an unlisted reporting issuer and does not currently own any operating assets.

We seek Safe Harbor.