Global Uranium Corp. (CSE: GURN | OTCQB: GURFF | FRA: Q3J) is pleased to announce it has closed the previously announced non-brokered charity flow-through private placement of common shares in the capital of the Company for gross proceeds of C$1,000,000. Pursuant to the Offering, the Company issued 1,000,000 Shares which are intended to qualify as “flow through shares” within the meaning of the Income Tax Act (Canada)

The gross proceeds from the sale of the Shares will be used to incur “Canadian exploration expenses” on the Company’s projects, including at the Northwest Athabasca Project, that are intended to qualify as “flow-through mining expenditures” as those terms are defined in the Tax Act.

The Shares will be subject to a statutory four month and one day hold period expiring on May 1^st, 2025, being the date that is four months and one day from the date of their issuance, in accordance with applicable securities legislation.

This 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.

ABOUT GLOBAL URANIUM CORP.

Global Uranium Corp. focuses on exploring and developing uranium assets primarily in North America. The Company currently holds key uranium projects: the Wing Lake Property in the Mudjatik Domain of Northern Saskatchewan, Canada; the Northwest Athabasca Joint Venture with Forum Energy Metals Corp. and NexGen Energy Ltd. in the Northwest Athabasca region of Saskatchewan, Canada; and the Great Divide Basin District Projects, the Gas Hills District Projects, and the Copper Mountain District Projects in Wyoming, USA.