Traction Uranium Corp. announces, further to its news release of September 5, 2024, that the consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every ten currently-outstanding common shares will have a record date of September 26, 2024. On a pre-Consolidation basis, the Company has [...]
Traction Uranium Corp. is pleased to announce that its board of directors has approved a consolidation of the common shares of the Company on a ten-to-one basis. The Company has 92,609,126 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares to approximately 9,260,912 Common [...]
Traction Uranium Corp. announces the resignation of Faizaan Lalani as a Director of the Company. Mr. Lalani has been a Director of Traction since 2020. "We would like to thank Faizaan for all of his invaluable contributions to the Company," Paul Gorman, Chief Executive Officer of the Company said. "We wish him all the best in his future [...]
Traction Uranium Corp. and Forum Energy Metals Corp. are pleased to announce they have commenced a helicopter-borne airborne MobileMT survey on the Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The survey is being completed by Expert Geophysics based out of Aurora, Ontario. A total of 1,781 line-km will be [...]
Traction Uranium Corp. is pleased to announce the appointment of Paul Gorman as Interim Chief Executive Officer and Director of the Company. Mr. Gorman is a resource sector-focused corporate specialist with over 25 years of experience in junior mining finance, public listings, viability assessment, and the operational rationalization of several [...]
Traction Uranium Corp. announces the completion of a single sonic drill hole at the Hearty Bay Property and the early suspension of the drill program due to deteriorating ice conditions on Lake Athabasca. The use of a track mounted sonic drill has resulted in the recovery of till for the first time under the lake in the up-ice direction from the [...]
Traction Uranium Corp. is pleased to announce that the 2024 winter drill program at the Hearty Bay project is underway with the arrival of the Boart Longyear drill crew on site. The program is designed to find the source of glacially dispersed uraniferous boulders and anomalous till geochemistry samples on Isle Brochet. The glacially dispersed [...]
Traction Uranium Corp. is pleased to announce that the 2024 winter gravity survey at the Hearty Bay project has been completed. A total of 2155 stations were measured, the grid starting at the head of the two radioactive boulder trains and covering both up-ice directions and to the east, which is interpreted to be an older ice direction based on [...]
Traction Uranium Corp. is pleased to announce that, in connection with the mineral property option agreement between the Company and Forum Energy Metals Corp. dated February 3, 2023 , as amended, the Company has issued a further 250,000 common shares in its capital to fulfill its obligations to date in accordance with the terms and conditions of [...]
Traction Uranium Corp. a uranium exploration company with projects in Saskatchewan's Northern Athabasca Basin, is pleased to announce mobilization of a gravity crew to the company's Hearty Bay Project. Traction will be conducting a gravity survey on Hearty Bay prior to diamond drilling to maximize targets for this winter's program. The Hearty Bay [...]
Traction Uranium Corp. is pleased to announce that, further to its news release of October 27, 2023 and November 14, 2023 which announced: i.) a private placement offering of up to 10,000,000 non-flow through units and up to 5,714,285 flow-through units, as well as, ii.) the closing of the first tranche of the Offering, respectively, it has closed [...]
Traction Uranium Corp. is pleased to announce that, further to its news release of October 27, 2023 which announced: i.) a non-brokered private placement of up to 10,000,000 units of the Company pursuant to the listed issuer financing exemption for gross proceeds of up to $1,500,000 ; and, ii.) a non-brokered private placement of up to 5,714,285 [...]
