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Traction Uranium Appoints Esteemed Uranium Exploration Geologist Ken Wheatley as Technical Committee Chair

Management Changes

Traction Uranium Inc. 1

Traction Uranium Appoints Esteemed Uranium Exploration Geologist Ken

Wheatley as Technical Committee Chair

Mr. Wheatley has a record of mineral discoveries, including eight uranium deposits, four of

which became producing mines in Saskatchewan’s Athabasca Basin along with the BV and P-

Patch Uranium Occurrences at Key Lake

April 18th, 2023

Calgary, AB– Traction Uranium Corp. (the “Company” or “Traction”) ( CSE: TRAC) ( OTC: TRCTF)

(FRA: Z1K), a mineral exploration issuer focusing on the development of discovery prospects in Canada,

including its three uranium projects in the world-renowned Athabasca Region, is pleased to announce that

Ken Wheatley P.Geo., M.Sc. has been appointed as Chair of the Company’s Technical Committee.

Mr. Wheatley is a Professional Geoscientist (P.Geo.) with th e Association of Professional Engineers and

Geoscientists in Saskat chewan. With over 40 years of uranium exploration experience in Canada, Mr.

Wheatley started uranium exploration in the 1980’s with Amok Ltd. and Uranerz Exploration and Mining

Ltd. where he discovered the BV and the P -Patch uranium occurrences at Key Lake before joining Areva

Resources Canada Inc. (now Orano) where he led the exploration team in discovery and delineation of the

Midwest A deposit. Most recently Mr. Wheatley was the Vice President of Exploration for Forum Energy

Metals Corp, including the Key Lake Road projects and he discovered the Opie, Barney and Otis West

uranium showings at Northwest Athabasca.

Mr. Wheatley has a record of mineral discoveries, including eight uranium deposits, four of which became

producing mines in the Athabasca Basin, Saskatchewan. Mr. Wheatley graduated with an H. B.Sc. from

Laurentian University in 1980, and a M.Sc. from the University of Saskatchewan in 1985.

Lester Esteban, Chief Executive Officer, stated “ we are thrilled to have Ken on board as the Chair of our

Technical committee which includes Dr. Boen Tan and Dr. Yuanming Pan . Combined, our team boasts

over 100 years of combined Athabasca Basin uranium exploration experience coupled with an impressive

track record of previous discoveries. Both Ken and Boen have made uranium discoveries in the Key Lake

area where our Key Lake South Project sits, their knowledge of the area is extensive. Ken has been leading

exploration programs in senior leadership positions for over 30 years , as an experienced presenter and

author of several papers his knowledge of uranium exploration and the Athabasca Basin is exceptional, and

I am grateful to have him on our committee and leading the team.”

About Traction Uranium Corp.

Traction Uranium (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration and

the development of discovery prospects in Canada, including its t hree uranium projects in the world -

renowned Athabasca Region.

We invite you to find out more about our explo ration-stage activities across Canada’s Western region at

www.tractionuranium.com.

Traction Uranium Inc. 2

On Behalf of the Board of Directors

Lester Esteban

Chief Executive Officer

+1 (604) 561 2687

[email protected]

Disclaimer for Forward-Looking Information

This news release contains certain forward -looking statements 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, including

statements regarding the expected use of proceeds from the Private Placement are “forward -looking statements”.

These forward -looking statements reflect the expectations or beliefs of management of the Company based on

information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties,

including those detailed from time to time in filings made by the Company with securities regulatory authorities, 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 appl icable

securities laws.