Canadian Uranium Agrees to Acquire 100% of Carrot River Property in Saskatchewan

• Canadian Uranium signed a definitive agreement to acquire a 100% interest in Saskatchewan’s Carrot River Property, covering approximately 94,118 hectares.
• Consideration comprises $600,000 cash and $22 million in common shares priced at the 10-day volume-weighted average price.
• The private vendors will retain a 2% net smelter returns royalty and a 10% carried interest.
• The carried interest remains non-participating until commercial production, when it becomes subject to conversion into a participating interest.

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. Canadian Uranium Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202611100500TNWSWRCACNPR_____1BglFDv39) on November 10, 2026, and is solely responsible for the information contained therein.