Generation Uranium Announces Private Placement and New CFO

Core Points - Generation Uranium Inc. is conducting a non-brokered private placement to raise up to CAD$550,000 by issuing up to 11,000,000 shares at a price of $0.05 per unit, each unit consisting of one common share and one warrant priced at $0.10 [1][2] - The net proceeds from the offering will be utilized to define new drill targets on the Yath Project, enhance market awareness, and for general working capital [2] - The offering is subject to approval from the TSX Venture Exchange (TSXV) and insider participation will be considered a related-party transaction under Multilateral Instrument 61-101 [3][4] Management Changes - Mr. Sonu Unnoonni has been appointed as the new CFO, bringing over 20 years of experience in finance across various sectors, with a focus on financial strategy and operational efficiency [6] - Marcy Kleisman will step down as CFO to pursue other business opportunities, with the company wishing her success in her future endeavors [7] Company Overview - Generation Uranium is a natural resource company focused on the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project located in Nunavut, Canada [8]