Generation Uranium Announces Extension of Closing Date for Non-Brokered Private Placement

(TheNewswire)

Vancouver, BC –TheNewswire - September 17, 2025 –
Generation Uranium Inc. GEN (OTCQB: GENRF) (FSE: W85) (the
“Company” or “Generation”) announces that, further to its news
release dated July 11, 2025, the Company has received approval from
the TSX Venture Exchange to extend the closing date of its
non-brokered private placement until October9, 2025.

As previously announced, the private placement consistsof up to 11,000,000 units of the Company at a price of $0.05per unit for gross proceeds of upto $550,000. Each unit willconsist of one common share and one transferable common share purchasewarrant, with each warrant entitling the holder to acquire oneadditional common share at a price of $0.10 per share for a period of24 months from the closing date.

Chris Huggins, CEO of Generation Uranium, commented:

“We arepleased to have received an extension on this financing as investorinterest continues to build following our recent European road show.This extension gives additional time for new and existing shareholdersto participate and positions us to advance the Yath Project as uraniumdemand continues to strengthen globally.”

All other terms of the offering remainunchanged.

FOR FURTHER INFORMATION CONTACT

Chris Huggins

Chief Executive Officer

chris@generationuranium.com

+1-604-968-4844

About Generation Uranium

The Company is a natural resource company engaged inthe exploration and development of mineral properties. The Companyholds a 100% interest in the Yath Uranium Project, located in theTerritory of Nunavut.

Forward-LookingStatements

This news release contains certainforward-looking statements, which relate to future events or futureperformance and reflect management’s current expectations andassumptions. Such forward-looking statements reflect management’scurrent beliefs and are based on assumptions made by and informationcurrently available to the Company. Readers are cautioned that theseforward-looking statements are neither promises nor guarantees, andare subject to risks and uncertainties that may cause future resultsto differ materially from those expected including, but not limitedto, market conditions, availability of financing, actual results ofthe Company’s exploration and other activities, environmental risks,future metal prices, operating risks, accidents, labor issues, delaysin obtaining governmental approvals and permits, and other risks in the miningindustry. All the forward-looking statements made in this news releaseare qualified by these cautionary statements and those in ourcontinuous disclosure filings available on SEDAR at www.sedar.com.These forward-looking statements are made as of the date hereof andthe Company does not assume any obligation to update or revise them toreflect new events or circumstances save as required by applicablelaw.

Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release. The TSXVenture Exchange has neither approved nor disapproved the contents ofthis news release.

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