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TRAC.CN ·

Traction Uranium: Corrective

Corporate Updates

Traction Uranium: Corrective News Release

January 31, 2022

Vancouver BC – Traction Uranium Corp. (the “Company” or “Traction”) (CSE: TRAC) (OTC: TRT) (FRA: Z1K),

a mineral exploration issuer focusing on the development of discovery prospects in Canada, including its two

flagship uranium projects in the world-renowned Athabasca Region, wishes to correct certain information

respecting the terms of its engagement ( the “Engagement”) of Financial Star News Inc. (“FSN”) referenced

in the Company’s news release dated January 28, 2022 (the “Prior Release”), a copy of which has been

filed on SEDAR.

FSN is expected to provide services under the Engagement for three (3) months, not two (2) months (as

referenced in the Prior Release). Furthermore, the work fee under the Engagement is USD$500,000, not

USD$400,000 (as referenced in the Prior Release).

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 two flagship uranium projects in the world-

renowned Athabasca Region.

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

www.tractionuranium.com.

On Behalf of the Board of Directors

Michael Malana Chief Executive Officer +1 (604) 561 2687 [email protected]

Disclaimer for Forward-Looking Information

Statements included in this announcement, including statements concerning our plans, intentions, and expectations,

which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”.

Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”,

“expects” and similar expressions. The Company cautions readers that forward -looking statements, including

without limitation those relating to the Company’s marketing campaign through FSN, are subject to certain risks

and uncertainties that could cause actual results to differ materially from those indicated in the forward -looking

statements. These factors should be considered carefully and readers are cautioned not to place und ue reliance

on such forward -looking statements. These forward -looking statements reflect the expectations or beliefs of

management of the Company based on information available to it. The forward -looking statements and

information contained in this news re lease 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 applicable securities laws.

The Canadian Securities Exchange has not approved nor disapproved the contents of this news release and does not

accept responsibility for the adequacy or accuracy of this release.