Generation Uranium Provides Update on Filing of Audited Financial Statements and Management Cease Trade Order

August 29, 2025 — Leads & Copy — Generation Uranium Inc. continues working toward filing its annual audited financial statements for the year ended April 30, 2025, after providing draft statements to its auditor. A management cease trade order (MCTO) was issued on August 28, 2025, restricting trading by the company's CEO and CFO but not affecting other security holders. The delay in filing by August 28, 2025, is due to a recent CFO transition, requiring more audit time. The company expects to provide updates soon and will issue bi-weekly default status reports until the filings are complete. Generation Uranium confirms it has not initiated any insolvency proceedings and has disclosed all material information.

Chris Huggins, Interim Chief Executive Officer, can be reached at 604-968-4844 or admin@generationuranium.com.

Generation Uranium is a natural resource company focused on the Yath Uranium Project in Nunavut.

Source: Generation Uranium