Generation Uranium Announces Private Placement and CFO Appointment

Vancouver, British Columbia — July 11, 2025 — NewsWall — Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FSE: W85) has announced a non-brokered private placement to raise up to CAD$550,000. The company plans to issue up to 11,000,000 shares at $0.05 per unit, with each unit including one common share and one warrant exercisable at $0.10.

The proceeds will be used to define new drill targets at the Yath Project in the Thelon Basin, Nunavut, as well as for market awareness and general working capital. Insiders may participate in the placement, which is a related-party transaction under Multilateral Instrument 61-101. Finder’s fees may be payable, subject to TSXV approval. All shares issued will be subject to a four-month holding period. Completion of the offering is contingent on TSXV approval.

Additionally, Sonu Unnoonni has been appointed as CFO. He brings over 20 years of experience across various sectors, including sustainable utilities, oil and gas, consumer goods, and industrial services. Marcy Kleisman is stepping down as CFO.

Chris Huggins, Interim Chief Executive Officer can be contacted at admin@generationuranium.com for further information.

Generation Uranium is a natural resource company focused on the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project.

Forward-looking statements involve risks and uncertainties; actual results may differ materially. The company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Source: Generation Uranium