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Puranium Energy Announces Debt Settlement

Share Capital & Compensation

Puranium Energy Announces Debt Settlement

NOT FOR DISSEMINATION IN THE UNITES STATES

ALL AMOUNTS EXPRESSED ARE IN CANADIAN DOLLARS

Toronto, Ontario--(Newsfile Corp. - September 4, 2024) -

Puranium Energy Ltd.

(

CSE: UX

) (

FSE:

2DK

) (the "

Company

" or "

Puranium

") is pleased to announce it is arranging a shares for debt

settlement (the "Settlement") for approximately $32,000 in connection with outstanding debts the

Company owes various creditors.

In accordance with applicable Canadian securities laws, all securities issued pursuant to the Settlement

will be legended with a hold period of four months and one day from the date of issuance.

On behalf of the Board,

Jason Bagg,

President & CEO, Director

About Puranium Energy Ltd.

Puranium Energy is focused on uranium exploration on its 85% interest in five EPLs (the

"Estate

Uranium Properties") totalling 81,955 hectares in the Erongo Province of Namibia,

which accounts for

approximately 8% of the world's uranium production.

For more information, please contact investor relations at

[email protected]

.

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or

accepted responsibility for the adequacy or accuracy of this press release.

This press release may include forward-looking information within the meaning of Canadian securities

legislation, concerning the business of the Company.

Forward-looking information is based on certain

key expectations and assumptions made by the management of the Company.

Although the

Company believes that the expectations and assumptions on which such forward-looking information

is based on are reasonable, undue reliance should not be placed on the forward-looking information

because the Company can give no assurance that they will prove to be correct.

Forward-looking

statements contained in this press release are made as of the date of this press release.

The

Company disclaims any intent or obligation to update publicly any forward-looking information,

whether as a result of new information, future events or results or otherwise, other than as required by

applicable securities laws.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/222175