Global Uranium Corp. Announces Amendment to LIFE Offering for C$1,500,000
Global Uranium Corp. Announces Amendment to LIFE Offering
for C$1,500,000
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES
September 17, 2025
Calgary, Alberta — Global Uranium Corp. (CSE: GURN | FRA: Q3J) (the “Company”) announces, that it has
amended the terms of its previously announced financing under the Listed Issuer Financing Exemption (the
“Offering”) to increase the minimum amount to be raised under the Offering to C$1,500,000. Under the Offering,
as amended, the Company intends to complete a non-brokered private placement financing (the “Amended
Offering”), pursuant to the “listed issuer financing exemption” under Part 5A of National Instrument 45-
106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45- 935 – Exemptions from
Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”), of
a minimum and maximum of 10,000,000 units of the Company (each, a “ Unit”), at a price of C$0.15 per
Unit, for minimum gross proceeds of C$1,500,000. Each Unit shall be comprised of one common share in
the capital of the Company (each, a “Share”) and one Share purchase warrant (“Warrant”), with each
Warrant entitling the holder to purchase one Share at a price of C$0.20 for a period of 24 months from the
Closing Date (as defined herein). The Offering is anticipated to close on or about September 19, 2025 (the
“Closing Date”), or on any other date or dates as the Company may determine , and, in any event, on or
before a date not later than 45 days after the date of the news release announcing the Amended Offering
(being, September 17, 2025), subject to the satisfaction of certain conditions, including, but not limited
to, the receipt of all necessary regulatory and other approvals. The net proceeds of the Offering are
intended to be used for exploration activities, general administrative expen ditures, and general working
capital purposes.
Subject to compliance with applicable regulatory requirements and in accordance with the Listed Issuer
Financing Exemption, the securities issuable under the Offering will be offered for sale to purchasers
resident in all of the provinces of Canada (except Quebec). Accordingly, the securities issued to subscribers
will not be subject to resale restrictions in accordance with applicable Canadian securities laws.
There is an amended offering document dated September 17, 2025, related to the Amended Offering that
can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at
https://www.globaluranium.com. The amended offering document contains further details regarding the
Amended Offering, including additional detail regarding the expected use of proceeds therefrom.
Prospective investors in the Amended Offering should read this amended and restated offering document
before making an investment decision.
The securities described herein have not been and will not be registered under the United States Securities
Act of 1933, as amended (the “ U.S. Securities Act”), or any United States state securities laws, and may
not be offered or sold in the United States or to, or for the account or benefit of, United States persons
absent registration or any available exemption from the registration requirements of the U.S. Securities
Act and applicable United States state securities laws. This press release does not constitute an offer to
sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful.
ABOUT GLOBAL URANIUM CORP.
Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America.
The Company currently holds key uranium projects: the Wing Lake Property in the Mudjatik Domain of
Northern Saskatchewan, Canada; the Northwest Athabasca Joint Venture with Forum Energy Metals Corp.
and NexGen Energy Ltd. in the Northwest Athabasca region of Saskatchewan, Canada; the Astro Uranium
Project with Cosa Resources Corp in the eastern Athabasca Basin, Saskatchewan; and the Great Divide
Basin District Projects, the Gas Hills District Projects, and the Copper Mountain District Projects in
Wyoming, USA.
ON BEHALF OF THE BOARD OF DIRECTORS
Ungad Chadda
CEO and Director
587-330-0045
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute forward -looking information. These
statements relate to future events or future performance. The use of any of the words “could”, “intend”,
“expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward -looking information and are based
on the Company’s current belief or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information relating to, among other things, the
Offering, including the total amount of securities sold to the offering, anticipated proceeds, the expected
use of proceeds, satisfaction of conditions to closing, and the closing (including the proposed closing date)
of the Offering, if it is to close at all. Various assumptions or factors are typically applied in drawing
conclusions or making the forecasts or projections set out in forward -looking information, including the
assumption that the Company will close the Offering on the timeline anticipated, will raise the anticipated
amount of gross proceeds from the Offering and will use the proceeds of the Offering as anticipated. Those
assumptions and factors are based on information currently available to the Company. Although such
statements are based on reasonable assumptions of the Company’s management, there can be no
assurance that any conclusions or forecasts will prove to be accurate.
Forward-looking information involves known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements to be materially different from any future
results, performance or achievements expressed or impli ed by the forward -looking information. Such
factors include: the risk that the Offering does not close on the timeline expected, or at all; the risk that
the Company raises less than the anticipated amount of gross proceeds from the Offering; the risk that the
Company does not use the proceeds from the Offering as currently expected; risks inherent in the
exploration and development of mineral deposits, including risks relating to receiving requisite permits and
approvals, changes in project parameters or delays as plans continue to be redefined, that mineral
exploration is inherently uncertain and that the results of mineral exploration may not be indicative of the
actual geology or mineralization of a project; that mineral exploration may be unsuccessful or fail to
achieve the results anticipated by the Company; operational risks; regulatory risks, including risks relating
to the acquisition of the necessary licenses and permits; financing, capitalization and liquidity risks; title
and environmental risks; and risks relating to the failure to receive all requisite regulatory approvals. The
forward-looking information contained in this release is made as of the date hereof, and the Company is
not obligated to update or revise any forward-looking information, whether as a result of new information,
future events or otherwise, except as required by applicable securities laws. Because of the risks,
uncertainties and assumptions contained herein, investors should not place undue reliance on forward -
looking information. The foregoing statements expressly qualify any forward -looking information
contained herein.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this press
release.