Vancouver BC – Traction Uranium Corp. (the “Company” or “Traction”) (CSE: TRAC) (OTC: TRT) (FRA: Z1K), a mineral exploration issuer focusing on the development of discovery prospects in Canada, including its two flagship uranium projects in the world-renowned Athabasca Region, wishes to correct certain information respecting the terms of its engagement (the “Engagement”) of Financial Star News Inc. (“FSN”) referenced in the Company’s news release dated January 28, 2022 (the “Prior Release”), a copy of which has been filed on SEDAR.
FSN is expected to provide services under the Engagement for three (3) months, not two (2) months (as referenced in the Prior Release). Furthermore, the work fee under the Engagement is USD$500,000, not USD$400,000 (as referenced in the Prior Release).
About Traction Uranium Corp.
Traction Uranium (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration and the development of discovery prospects in Canada, including its two flagship uranium projects in the world-renowned Athabasca Region.
We invite you to find out more about our exploration-stage activities across Canada’s Western region at www.tractionuranium.com.
On Behalf of the Board of Directors
Michael Malana Chief Executive Officer +1 (604) 561 2687 info@tractionuranium.com
Disclaimer for Forward-Looking Information
Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s marketing campaign through FSN, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information available to it. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The Canadian Securities Exchange has not approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.