Traction Uranium Corp. Closes Second and Final Tranche of Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC; OTCQB: TRCTF; FRA: Z1K) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering of units and flow-through units of the Company (the “ Offering ”). The Offering, initially announced on April 12, 2023, comprised both units of the Company (the “ Units ”) and flow-through units of the Company (the “ FT Units ”).‎

On April 20, 2023, the Company announced it had closed the first tranche of the Offering issuing 3,050,000 Units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $1,220,000. Each Unit consisted of one (1) common share in the capital of the Company (each, […]

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