Mr. Jared Suchan reports

TRACTION URANIUM COMMENCES DRILLING AT THE AURORA URANIUM PROJECT

Diamond drilling has commenced at Traction Uranium Corp.'s Aurora uranium project in Saskatchewan's Athabasca basin region. The program is planned to comprise approximately 800 metres in four to six holes, testing shallow conductive targets selected using recent airborne geophysical surveys. Cosa Resources Corp., the owner and operator of Aurora, is conducting the program with full funding from Traction. Under the option agreement dated Feb. 10, 2026, Traction may earn up to an 80-per-cent interest in the project by financing $9.15-million in exploration expenditures and completing the required cash and share payments.

The program will primarily test conductive anomalies identified by Cosa's 2024 airborne VTEM electromagnetic survey. Target selection also draws on gravity and magnetic data and the property-wide high-resolution magnetic and radiometric survey completed in July, 2026. Three of the four target areas have associated radiometric anomalies interpreted to reflect uranium-bearing sources, located down-ice of the conductive targets. At target A1 in southwestern Aurora, drilling will test a northeast-trending conductive response adjacent to a uranium-source radiometric anomaly, where no Athabasca sandstone cover is expected. Target A2, in the northern part of the project, comprises a conductive response coincident with several interpreted magnetic lineaments. Approximately 30 metres of sandstone is present in this area, with several radiometric anomalies located down-ice. Targets A4 and A5 comprise curved conductive trends adjacent to lineaments interpreted from magnetic and/or Z-tipper electromagnetic data. Both lie just inside the mapped edge of the Athabasca basin and up-ice of uranium-source radiometric anomalies. Ground follow-up of selected radiometric anomalies is also planned to assess their sources and support further target prioritization.

"This is the first drilling at Aurora in more than four decades, and it's being carried out by a Cosa team with a strong discovery track record in the Athabasca basin," said Jared Suchan, chief executive officer of Traction. "We're testing shallow conductive targets, several with nearby interpreted uranium-source radiometric anomalies and we look forward to updating shareholders as results come in."

Qualified person

Jared Suchan, PhD, PGeo, chief executive officer 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 at 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. The company invites you to find out more about its exploration-stage activities across Canada's Western 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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