Mr. Jared Suchan reports

TRACTION URANIUM ANNOUNCES FIELD RECONNAISSANCE PROGRAM AT THE AURORA URANIUM PROJECT

Traction Uranium Corp. is planning a helicopter-supported field reconnaissance program at the Aurora uranium project, located in Saskatchewan's Athabasca basin region. Traction holds an option to acquire an 80-per-cent interest in Aurora from Cosa Resources Corp., the underlying owner and operator of the project, subject to satisfying certain earn-in requirements. The project covers approximately 17 kilometres of prospective strike along the southeastern margin of the Athabasca basin.

The planned field reconnaissance is expected to include a helicopter-supported review of the project area, including visual inspection of priority target areas, assessment of access and logistical considerations, review of potential staging and landing areas, and evaluation of local terrain conditions that may influence future exploration work. The reconnaissance program is intended to support the coming airborne radiometric and magnetic survey previously announced by Traction, including the review of access, terrain and logistical conditions across the Aurora project. Information collected during the reconnaissance program is expected to assist with survey planning and field co-ordination, including the assessment of potential staging areas, helicopter access considerations and priority areas for efficient survey execution.

"This reconnaissance program helps move Aurora closer to active field execution," stated Jared Suchan, chief executive officer of Traction. "By assessing access, terrain and logistical conditions across the project area, we can help ensure the survey is completed efficiently and positioned to generate meaningful exploration data."

Further to its news release dated Jan. 16, 2026, the company is pleased to announce that it has closed an additional tranche of its previously announced non-brokered private placement of unsecured convertible debentures of the company for additional gross proceeds to the company of $50,000.

The convertible debentures are denominated in principal amounts of $1,000 and will mature 12 months from the date of issuance. The convertible debentures will bear interest at a rate of 10 per cent per annum, calculated quarterly in arrears and payable on the maturity date.

The principal amount of each convertible debenture, plus any accrued interest thereon, is convertible into units of the company at the election of the holder on, or at any time prior to, the maturity date at a conversion price equal to the most recent closing price of the common shares of the company on the Canadian Securities Exchange prior to the time at which the holder delivers notice of conversion to the company. Each unit shall be composed of one common share and one common share purchase warrant, with each warrant entitling the holder to acquire one common share at an exercise price equal to 110 per cent of the market price for a period of 24 months from the date of issuance.

The company intends to use the net proceeds raised from the offering for general and administrative expenditures and general working capital purposes.

All securities issued pursuant to the offering will be subject to a statutory four-month-and-one-day hold period.

Qualified person

Jared Suchan, PhD, PGeo, chief executive officer and director of the company, and a qualified person within the meaning of National Instrument 43-101 (Standards of Disclosure for Mineral Projects), has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the company's quality assurance/quality control and data verification processes and procedures, please see its most recently filed technical report, a copy of which may be obtained under the company's profile SEDAR+.

About Traction Uranium Corp.

Traction 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.

We seek Safe Harbor.