Mr. Lester Esteban reports

TRACTION URANIUM ANNOUNCES RESTRICTED SHARE RIGHTS GRANTS

Traction Uranium Corp. has granted 3.5 million restricted share rights (RSRs) pursuant to the company's new equity incentive plan to the members of the board and management of the company and to certain consultants of the company.

The RSRs vested immediately upon grant, and settlement will entitle the holder to receive one common share in the capital of the company. The RSRs are subject to the terms and conditions of the plan, and the RSRs are subject to a hold period of four months and one day from the date of grant in accordance with the policies of the Canadian Securities Exchange.

About Traction Uranium Corp.

Traction Uranium is in the business of mineral exploration and the development of uranium discovery prospects in Canada, including its three uranium projects in the world-renowned Athabasca region.

We seek Safe Harbor.