Traction Uranium Files Amended and Restated LIFE Offering Document

Traction Uranium Corp. announced it has filed an amended and restated offering document dated April 20, 2026 under the listed issuer financing exemption (LIFE) and made the document available on SEDAR+ and the company website. The update formalizes the information provided to prospective investors about the planned non-brokered private placement under the LIFE rules.

According to the company’s prior disclosure and the offering document, the planned offering contemplates up to 3,000,000 units at C$0.30 per unit for aggregate gross proceeds of up to C$900,000; each unit is comprised of a common share and a share purchase warrant as previously described. The offering document also indicates an expected closing date around April 28, 2026 and details use of proceeds and subscription procedures for eligible investors.

The filing includes standard regulatory disclosures, including that the securities are not being registered under the U.S. Securities Act and that the offering is not being distributed in the United States. Traction’s common shares trade on the Canadian Securities Exchange (CSE) under TRAC, on the OTCQB under TRCTF and on the Frankfurt exchange under Z1K; the offering document references recent trading prices to help investors assess potential dilution.

Traction Uranium, active in uranium exploration in Canada’s Athabasca region, indicates proceeds are intended to fund exploration programs, field work and general corporate purposes. The updated offering document reiterates risk factors typical for junior mineral explorers, including exploration risk, market liquidity and the potential need for further financing. This places the financing within the broader context of junior uranium sector fundraising and project development cycles.

For market participants and current shareholders, near-term items to monitor are the final subscription results, the number of units issued and any subsequent changes to the issued share capital that would affect free float and per-share metrics. The offering document and SEDAR+ filings remain the primary references for definitive terms; prospective investors are directed to those filings for full details.