Skeleton Coast Uranium revises private placement, targets gross proceeds up to $5 million

• Skeleton Coast Uranium revised terms of a non-brokered private placement to sell up to 40,000,000 units at CAD 0.125.
• Gross proceeds could reach CAD 5 million.
• Each unit includes one common share plus a half-warrant; each whole warrant buys one share at CAD 0.20 for 24 months.
• Proceeds earmarked for exploration and development in Namibia, with the balance for working capital.
• The financing remains subject to TSX Venture Exchange clearance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skeleton Coast Uranium Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610090725NEWSFILECNPR____20261009_318143_1) on October 09, 2026, and is solely responsible for the information contained therein.