Global Uranium Corp. Announces Non-Brokered Convertible Debenture Financing

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentNOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESSign In or Create an AccountEmail AddressContinueor View more offersArticle contentCALGARY, Alberta, June 19, 2026 (GLOBE NEWSWIRE) — Global Uranium Corp.

(CSE: GURN) (the “Company“) is pleased to announce that it intends to complete a non-brokered private placement financing (the “Offering“) of up to C$750,000 principal amount of unsecured convertible debentures (the “Debentures“).Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.

Article contentThe Debentures are intended to be sold in principal amounts of C$1,000 and bear interest at a rate of 10% per annum, and to mature 24 months from the date of issue (“Maturity”).Article contentArticle contentThe principal amount of the Debentures shall be convertible, at the option of the holder, into units of the Company (the “Units“) at any time prior to Maturity, at a conversion price equal to the 5-day volume weighted average price at the time of conversion, subject to compliance with the policies of the Canadian Securities Exchange, including that the conversion price may not equate to below $0.05 per Unit.

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Browse here.Article contentEach Unit will consist of one common share and one common share purchase warrant (a “Warrant“). Each Warrant will entitle the holder to acquire one additional common share for a period of 24 months at an exercise price equal to $0.

065.Article contentThe Company intends to use the net proceeds of the Offering for working capital and general corporate purposes, including advancement of the Company’s uranium exploration projects. The Offering is expected to close on or about June 30, 2026.

Article contentThe Debentures and underlying securities will be subject to a statutory four month and one day hold period from the issue date of the Debentures. Closing of the Offering is subject to the Company’s receipt of all necessary regulatory approvals, including approval of the CSE.Article contentArticle contentThis news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.

S. Persons unless registered under the U.S.

Securities Act and applicable state securities laws or an exemption from such registration is available.Article contentABOUT GLOBAL URANIUM CORP.Article contentGlobal Uranium Corp.

focuses on exploring and developing uranium assets primarily in North America. The Company currently holds key uranium projects: the Wing Lake Project in the Mudjatik Domain of northern Saskatchewan, Canada; the Astro Project (with Cosa Resources Corp.) in the eastern Athabasca Basin, Saskatchewan; the Airline Project in the northern Wind River Basin, Wyoming, USA; as well as additional projects across the Gas Hills and Great Divide Districts in Wyoming.

Article contentON BEHALF OF THE BOARD OF DIRECTORSArticle contentGLOBAL URANIUM CORP.Advertisement 1This advertisement has not loaded yet.Trending Canadian dollar closing in on 70 cents U.

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Work Posthaste: Many Canadians' retirement saving expectations aren't matching reality News Why mortgage brokers tend to favour variable rates over fixed Mortgages Advertisement 2AdvertisementThis advertisement has not loaded yet, but your article continues below.Article contentUngad Chadda, CEOArticle contentFor further information, please contact:Article contentGlobal Uranium Corp.587-330-0045info@globaluranium.

comArticle contentForward-Looking StatementsArticle contentCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future