Mr. Jared Suchan reports

TRACTION URANIUM REPORTS FINALIZED METRICS FROM COMPLETED AIRBORNE SURVEY AT THE AURORA URANIUM PROJECT

Traction Uranium Corp. has provided an update on the high-resolution airborne radiometric and magnetic survey at the Aurora uranium project, located in Saskatchewan's Athabasca basin region. The survey was completed in late June (see news release dated July 2, 2026), following which the aircraft and survey crew demobilized from Points North Landing in Saskatchewan. The program was conducted by Special Projects Inc. (SPI) under the direction of Cosa Resources Corp., the underlying owner and operator of Aurora.

The completed program achieved 100 per cent of the planned survey coverage and collected 5,222.56 line kilometres of processed radiometric and magnetic data. All 577 planned survey lines were completed at 50-metre spacing, together with tie lines flown at 500-metre spacing. The program comprised 14 production flights over nine flying days, with only two survey lines requiring reflights due to geomagnetic activity. No operational downtime was attributed to logistics, fuel, equipment or aircraft maintenance. The survey lines were flown primarily in a northwest-southeast direction at an average azimuth of approximately 140 degrees.

"This program achieved full coverage of the planned survey area," said Jared Suchan, chief executive officer of Traction. "The closely spaced radiometric and magnetic data is expected to provide us with a strong modern data set for evaluating Aurora. Our focus now is on integrating and interpreting the final survey products to identify and prioritize the most compelling areas for follow-up exploration."

Survey data were reviewed throughout acquisition using real-time navigation, magnetic and radiometric quality control procedures. Following acquisition, the radiometric and magnetic data sets were processed through levelling, microlevelling, decorrugation and gridding. Final deliverables include processed radiometric and magnetic data sets, topographic information, gridded survey products, and radiometric anomaly information.

Traction and Cosa will now review and interpret the completed survey products and integrate them with the existing geological and geophysical information for Aurora. The resulting interpretation is expected to support the identification and prioritization of areas for ground follow-up and potential future drill target refinement.

The company also would like to announce a correction to its news release dated July 13, 2026, regarding the extension of its engagement of Nordcore Media LLC. The original release incorrectly stated that the marketing services would commence on June 13, 2026. The company wishes to clarify that such services have commenced on July 13, 2026. All other information contained in the original news release remains unchanged.

Qualified person

Jared Suchan, PhD, PGeo, CEO and director of the company, and a qualified person within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the company's QA/QC (quality assurance/quality control) and data verification processes and procedures, please see its most recently filed technical report, a copy of which may be obtained under the company's profile on SEDAR+.

About Traction Uranium Corp.

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

About Cosa Resources Corp.

Cosa Resources is a Canadian uranium exploration company operating in Northern Saskatchewan. Its portfolio comprises roughly 237,000 hectares across multiple 100-per-cent-owned and Cosa-operated joint venture projects in the Athabasca basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.

Cosa's award-winning management team has a long record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy's Hurricane deposit. In addition to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison's Gryphon deposit, and held key roles in the founding of both NexGen and IsoEnergy.

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