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Traction Uranium Expands Technical Research Team and Commences Summer Follow Up Program to Examine Radiation-induced Quartz Degradation with Hearty Bay Core Samples

Management Changes Exploration Programs

Traction Uranium Inc. 1

Traction Uranium Expands Technical Research Team and Commences Summer

Follow Up Program to Examine Radiation-Induced Quartz Degradation with

Hearty Bay Core Samples.

July 19th, 2022

Vancouver BC – Traction Uranium Corp. (the “Company” or “Traction”) ( CSE: TRAC) (OTC: TRCTF) (FRA:

Z1K), a mineral exploration issuer focusing on the development of discovery prospects in Canada,

including its two flagship uranium projects in the world -renowned Athabasca Region, is pleased to

welcome Ayetullah Tunc and Reza Deevsalar to Traction’s research team under the guidance of Dr.

Yuanming Pan (Technical Advisor to Traction see June 7, 2022 News Release) and commencement of the

summer follow up program utilizing Dr. Yuanming Pan’s innovative uranium vectoring technique he

pioneered (see Traction July 6th, 2022 News Release).

Ayetullah Tunc is an M.Sc. student under the supervision of Dr. Yuanming Pan in Geological Sciences at

the University of Saskatchewan. He is a dedicated exploration geologist and geologic mapper with a strong

focus on unconformity-related uranium deposits in the Canadian Athabasca Basin, and phosphate-hosted

uranium and thorium deposits, Turkey. Ayetullah’s research focuses on using synchrotron X -ray

techniques (XANES-XRF) and Electron Paramagnetic Resonance (EPR) for investigating ore systems with

applications in mineral exploration. Ayetullah has performed on-site monitoring of well drilling operations

along with surveying and mapping the site layout along with the geologic features associated with

uranium mineralization as a field and well-site geologist for the General Directorate of Mineral Research

and Exploration, Turkey (2018-2019).

Reza Deevsalar earned his Ph.D degree in petrology and geochemistry of magmatic systems from the

Tarbiat Modares University, Tehran, Iran in 2015. In addition to his academic activities in multiple fields,

including petrology, geochemistry and isotope geochemistry of magmatic systems, gemology, and

magmatic-geothermal systems, Reza has contributed to several mineral exploration programs across Iran

(mainly on gold, copper, iron deposits, and associated ore minerals), as a field and exploration geologist

from 2009-2017. The most interesting part of geology research to Reza is the application of state-of-the-

art analytical techniques and innovative app roaches in the production of new data to consolidate and

support the underground and surficial geological datasets in the creation of effective mineral prospecting

and exploration models. After 4.5 years of doing research in the fields of geochemistry, rad iogenic

isotopes, and geochronology (Sep 2017 - Mar 2021) at the University of the Ryukyus (Okinawa, Japan),

Reza started working on synchrotron-based research projects and EPR-CL-assisted U-exploration with Dr.

Yuanming Pan’s research team at the UofS.

Lester Esteban, Chief Executive Officer, stated “We are pleased to welcome Dr. Yuanming Pan’s research

team to our group and are excited to integrate both Ayetullah and Reza into our summer follow up

programs at both Hearty Bay and Lazy Edwards. Ayetullah an d Reza will be joining Fission 3.0’s team in

mobilizing to Fond Du Lac this week to commence the summer follow up program executing Dr. Yuanming

Pan’s vectoring technique by systematically sampling drill cores from the Hearty Bay drill program we

completed in April. Results from examining quartz degradation will allow our team to refine drill targets

and improve accuracy by focusing our efforts in the right areas, therefore maximizing dollars in the ground

for our investors.”

Traction Uranium Inc. 2

About Traction Uranium Corp.

Traction Uranium (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is in the business of mineral exploration and the

development of discovery prospects in Canada, including its two flagship uranium projects in the world -

renowned Athabasca Region.

We invite you to find out more about our exploration -stage activities across Canada’s Western region at

www.tractionuranium.com.

On Behalf of the Board of Directors

Lester Esteban

Chief Executive Officer

+1 (604) 561 2687

[email protected]

Disclaimer for Forward-Looking Information

This news release contains certain forward -looking statements within the meaning of applicable securities laws. All

statements that are not historical facts, including without limitation, statements regarding future estimates, plans,

programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including

statements regarding the expected use of proc eeds from the Private Placement are “forward -looking statements”.

These forward -looking statements reflect the expectations or beliefs of management of the Company based on

information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties,

including those detailed from time to time in filings made by the Company with securities regulatory authorities,

which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These

factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking

statements. The forward-looking statements and information contained in this news release are made as of the date

hereof and the Co mpany undertakes no obligation to update publicly or revise any forward -looking statements or

information, whether as a result of new information, future events or otherwise, unless so required by applicable

securities laws.