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TRAC.CN ·

Traction Uranium engages Bryson Drilling for upcoming Lazy Edward Bay Drill Program

Exploration Programs

1

Traction Uranium Inc.

Traction Uranium engages Bryson Drilling for upcoming Lazy Edward Bay Drill

Program

Historic drilling intersected sandstone and basement rocks with strongly altered, bleached,

brecciated and sheared basement rocks which are some of the key indicators for nearby high-

grade uranium.

May 3rd, 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, is pleased to report planning is

underway for the Lazy Edward Bay maiden drill program by engaging Bryson drilling out of Archerwill,

Saskatchewan.

Bryson drilling will be scouting the route to mobilize the diamond drill rig to the property next week and

hires local First Nations community members from the Athabasca Basin Region for their drill crews.

Lester Esteban, Chief Executive Officer, stated “We are looking forward to executing on our 2022 maiden

drill program at Lazy Edward Bay this month. Bryson drilling is one of Canada’s leading and most trusted

diamond drillers whose name was built up over 3 generations of hard-working mineral exploration drillers

with over 100 years of combined experience and we are pleased to be utilizing that expertise and engaging

as much of the Saskatchewan local community in our programs as much as possible.”

Historical Lazy Edward Bay drill holes LE -72 and LE-73 encountered 170 ppm uranium, LE-50 intersected

graphitic pelites returning 908 ppm Uranium along with other pathfinder metals. Previous airborne and

ground EM surv eys refined conductor locations along with geochemical and radon surveys bolstering

geophysical targets which have yet to be drilled. They are now considered high-priority targets.

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

Athabasca Region. This property is made up of 11 claims totaling 1,828 ha. It is located in the south -

eastern margin of the Athabasca Basin, halfway between the historic Key Lake Mine and Cameco’s

Centennial deposit. They Key Lake operation, ~50km to the eas t, was one of the largest and most

significant uranium deposits in the Athabasca Basin.

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

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, futur e events or otherwise, unless so required by applicable

securities laws.