Mr. Jared Suchan reports
TRACTION URANIUM ANNOUNCES SHARE CONSOLIDATION
Further to the news release of Feb. 17, 2026, the consolidation of Traction Uranium Corp.'s issued and outstanding common shares on the basis of one postconsolidation common share for every three currently outstanding common shares will have a record date of March 11, 2026.
On a preconsolidation basis, the company has 10,949,093 issued and outstanding common shares, and, following the consolidation, the company expects to have approximately 3,649,697 postconsolidation shares issued and outstanding. No fractional postconsolidation shares will be issued. If, as a result of the consolidation, a shareholder would otherwise be entitled to a fraction of a postconsolidation share, each fractional share following conversion that is at least one-half of a postconsolidation share will be rounded up to the nearest whole number, and each fractional share that is less than one-half of a postconsolidation share will be cancelled. No cash consideration will be paid in respect of fractional shares.
The company's name and trading symbol will remain unchanged. The Cusip number for its postconsolidation shares will be 89239Q306, and the ISIN for the postconsolidation shares will be CA89239Q3061.
The consolidation is being conducted on a pushout basis. Shareholders of the company without physical share certificates do not need to take any action with respect to the consolidation as they will automatically receive new direct registration system advice representing the postconsolidation common shares.
About Traction Uranium Corp.
Traction Uranium is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca region and the Aurora project with Cosa Resources Corp. in Northern Saskatchewan.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.