Vancouver, British Columbia – TheNewswire - September 3rd, 2026 - Canadian Uranium Corp. (CSE: CANU) (the “Company”) is pleased to announce that it has completed its MobileMT survey of the King South project located on the Eastern side of the Athabasca Basin.

 

The King South Uranium project had a total of 696 line-kilometres flown across the property in an east-west direction as part of the Company’s ongoing uranium exploration program. Data from the survey is expected to be available within the next few weeks, after which a detailed interpretation will be developed to identify potential drill targets.

 

“The completion of the MobileMT data set is an exciting first step forward in the exploration of the King South property. This high resolution survey will allow the company to examine deep structures, at depth, where significant new discoveries such as Patterson Lake South and The Arrow deposit were made.” As stated by Geoff Balderson CFO

  

About Canadian Uranium Corp.

 

Born in Canada. Built for the World. Unlocking tomorrow’s clean energy. The Company’s strategy centers on assembling highly skilled technical teams with expertise in uranium geology, advanced geophysics, and northern exploration logistics. Through disciplined acquisitions, innovative exploration methodologies, and strategic partnerships, the Company aims to accelerate project advancement and unlock value across its exploration portfolio.

 

Contact Information:

 

Canadian Uranium Corp., Geoff Balderson, Chief Financial Officer 604-602-0001gb@corporateminds.ca

 

Forward- Looking Information

 

This news release contains certain forward-looking statements that are “forward looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, contain “forward- looking information”. Forward-looking information in this news release can be found in statements relating to, among other things: the receipt of regulatory approvals for the Acquisition and the Clark Lake Agreement, and the New Castle South Agreement; the Clark Lake Project; and the Company’s strategy, plans, strategies or future operations. These forward-looking statements reflect the expectations or beliefs of management of the Company based on

information currently available to it and upon a number of assumptions, including but not limited to: (i) the changes and trends in our industry and the global economy; and (ii) transaction opportunities, exploration potential and uranium prices. The forward-looking statements herein are subject to a number of risks and uncertainties, including but not limited to those detailed from time to time in filings made by the Company with securities regulatory authorities (which may be

viewed under the Company’s profile at www.sedarplus.ca), which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.