CALGARY, Alberta — February 17, 2026 — Leads & Copy —
Traction Uranium Corp. intends to consolidate its common shares on a three-to-one basis, the company announced. The Consolidation would reduce the issued and outstanding Common Shares to approximately 3,649,697 Common Shares from the current 10,949,093.
Following the filing of all necessary documentation with the Canadian Securities Exchange (“CSE”) regarding the proposed Consolidation, the company will issue a subsequent news release announcing the effective date, the new CUSIP and ISIN for the consolidated Common Shares, and other relevant details.
No fractional Common Shares will be issued; any fractional Common Shares resulting from the Consolidation will be rounded to the nearest whole number, and no cash consideration will be paid.
The Consolidation was initially approved by shareholders at the Annual General and Special Meeting held February 12, 2026, and subsequently by resolutions passed by the Board of Directors, in accordance with the Business Corporations Act (British Columbia), the Articles of the Company, and the policies of the CSE.
The Consolidation and the date the Common Shares commence trading on the CSE on a post-Consolidation basis remain subject to the approval of the CSE, which will issue a bulletin upon acceptance. Traction Uranium will not be changing its name in conjunction with the Consolidation.
Traction Uranium Corp. is in the mineral exploration and development business, including its uranium project in the Athabasca Region and the Aurora Project with Cosa Resources Corp. in northern Saskatchewan.
Jared Suchan, CEO and Director, is the contact for the company.
Source: Traction Uranium Corp.
