Canadian Uranium Announces Closing Of Non-Brokered Private Placement And Provides Corporate Updates

Vancouver, British Columbia - August 14, 2026 – TheNewswire - Canadian Uranium Corp. (CSE: CANU) (the “ Company ”) is pleased to announce that, further to its news releases of June 23, 2026 and August 4, 2026, the Company has closed its non-brokered private placement of: (i) 2,000,150 non-flow-through units of the Company (each, a " NFT Unit ") at a price of $1.00 per NFT Unit for gross proceeds of $2,000,150 (the “ Non-FT Portion” ); and (ii) 833,000 flow-through units of the Company (each, a " FT Unit ") at a price of $1.20 per FT Unit for gross proceeds of 999,600.00 (the “ FT Portion ” and, together with the Non-FT Portion, the “ Offering ”) “We are excited to close this financing and strengthen our position to advance our Rook 2 and King South projects, as well as our expected consolidated option to acquire a 100% interest in the Castle South project, formerly known as Cable Lake. We believe Canadian Uranium is well positioned for an exciting period of exploration and growth,” states Geoff Balderson, CFO of the Company. Each NFT Unit is comprised of one common share of the Company (a “ Common Share ”) and one-half of one Common Share purchase warrant (each whole warrant, a “ W

Plan Gratis · Plus 29 CA$ o Pro 99 CA$/mes