Generation Uranium (TSXV: GEN) clarifies details regarding the closing of the second and final tranche of its non-brokered private placement, including finder's fees, warrant terms, and hold periods. The company, focused on uranium exploration, highlights its Yath uranium project in Nunavut and its commitment to the future of clean nuclear energy.
Generation Uranium Provides Clarification On Closing Of Second And Final Tranche Of Private Placement or “Generation” wishes to clarify the disclosure in its news release dated October 17, 2025, announcing the closing of the second and final tranche of its non-brokered private placement .
In connection with the Offering a finder’s fee was paid in the first tranche to Haywood Securities Inc., consisting of. Each broker warrant is exercisable into one common share of the Company at a price of. Each unit comprises one common share, and one full purchase warrant, exercisable into one common share at a price of $0.10. All securities issued are subject to a hold period expiring, in accordance with applicable securities laws and the policies of the TSX Venture Exchange . Generation Uranium is a Canadian resource exploration company with a focus on Uranium. The Company is advancing its 100-per-cent-owned Yath uranium project, strategically located in Nunavut's Angilak district, one of Canada's most active emerging uranium camps. With a robust pipeline of high-priority exploration targets and exposure to proven uranium-bearing corridors, Generation is well positioned to contribute to the future supply of clean nuclear energy.This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.US $20B backing, stability key to Argentina’s mining pushThe rule had required smelters to curb pollutants including lead, arsenic, mercury, benzene and dioxins under updated federal air standards.Copper price hovers near $11,000 as test of record high beckonsAldebaran spins out greenfield assets in Argentina The new company -- called Centauri Minerals -- will hold six greenfield projects spanning over 430 sq. km across Salta, Jujuy and Catamarca provinces.Iron ore price faces mounting pressure as $100 support looks rocky
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