Traction Uranium Announces Share Consolidation
Traction Uranium Announces Share Consolidation
March 5, 2026
(Calgary, AB): Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company”
or “Traction”) announces, further to its news release of February 17, 2026, that the consolidation of its
issued and outstanding common shares on the basis of one post -consolidation common share (a “ Post-
Consolidation Share”) for every three currently-outstanding common shares (the “ Consolidation”) will
have a record date of March 11, 2026.
On a pre -Consolidation basis, the Company has 10,949,093 issued and outstanding common shares and,
following the Consolidation, the Company expects to have approximately 3,649,697 Post-Consolidation
Shares issued and outstanding. No fractional Post-Consolidation Shares will be issued. If, as a result of the
Consolidation, a shareholder would otherwise be entitled to a fraction of a Post-Consolidation Share, each
fractional share following conversion that is at least one -half (1/2) of a Post -Consolidation Share will be
rounded up to the nearest whole number and each fractional share that is less than one-half (1/2) of a Post-
Consolidation Share will be cancelled. No cash consideration will be paid in respect of fractional shares.
The Company’s name and trading symbol will remain unchanged. The CUSIP number for its Post -
Consolidation Shares will be 89239Q306 and the ISIN for the Post -Consolidation Shares will be
CA89239Q3061.
The Consolidation is being conducted on a "push-out" basis. Shareholders of the Company without physical
share certificates do not need to take any action with respect to the Consolidation, as they will automatically
receive new DRS advice representing the post-Consolidation Common Shares.
About Traction Uranium Corp.
Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral
exploration and the development of discovery prospects in Canada, including its uranium project in the
world-renowned Athabasca Region and the Aurora Project with Cosa Resources Corp. in northern
Saskatchewan.
We invite you to find out more about our exploration-stage activities across Canada’s Western region at
https://tractionuranium.com/.
On Behalf of The Board of Directors
Jared Suchan
Chief Executive Officer
(604) 425-2271
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 beliefs or assumptions as to the outcome and timing of such future events. In
particular, this press release contains forwa rd-looking information relating to, among other things, the
proposed Consolidation, including the record date of the Consolidation.
Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or
projections set out in forward -looking information, including, in respect of the forward -looking
information included in this press release, the assumpti on that the Consolidation will be completed as
currently anticipated and on the timeline currently anticipated.
Although forward -looking information is based on the reasonable assumptions of the Company’s
management, there can be no assurance that any forward-looking information 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 implied by the forward -looking information. Such
factors include, among other things, that the Consolidation may not be completed by the Company on the
timeline anticipated, or at all; and that the board of directors of the Company retains discretion over the
terms and implementation of the Consolidation. 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 applic able 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 (CSE) has not reviewed, approved, or disapproved the contents of this
press release.