Mr. Michael Collins reports

GENERATION ANNOUNCES $350,000 NON-BROKERED FLOW THROUGH PRIVATE PLACEMENT

Generation Uranium Inc. has arranged a non-brokered flow-through private placement for gross proceeds of up to $350,000.

The company intends to issue up to 3,888,889 units at a price of nine cents per unit. Each unit will consist of one flow-through common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional non-flow-through common share a price of 13 cents per warrant share exercisable for 30 months from closing of the offering.

The gross proceeds from the offering will be used for Canadian exploration expenses (CEE) that qualify as flow-through mining expenditures. Eligible investors will be entitled to claim the enhanced 30-per-cent critical mineral exploration tax credit as well as regular flow-through deductions.

The company intends to pay finders' fees in accordance with the policies of the TSX Venture Exchange. Closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX-V.

All securities issued under the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

About Generation Uranium Inc.

Generation Uranium is a Canadian exploration company focused on advancing high-quality uranium assets in premier jurisdictions. Its flagship Yath project is located in Nunavut's Angilak district, one of Canada's most active and rapidly emerging uranium camps. Historic work has reported with historic results surface samples up to 9.8 per cent U3O8 (triuranium octoxide) and 1.0 metre at 0.224 per cent U3O8 from 25.5 m in drill hole BOG-8-80.

With a growing portfolio of high-priority targets in a well-understood uranium district, Generation Uranium is well positioned to make discoveries that contribute meaningfully to the future global supply of clean nuclear energy.

We seek Safe Harbor.