Vancouver, British Columbia, Canada, May 1st, 2024 – Generation Uranium Inc. (the “Company” or “Generation”), (TSXV: GEN) is pleased to announce the listing of its common shares on the Frankfurt Stock Exchange (“FSE”) under the symbol “W85”. The Company officially began trading on the FSE on April 26th and the event marks a significant milestone in the Company’s expansion into European investment markets.

With its status as a prominent European listing venue, the Frankfurt Stock Exchange plays an important role in facilitating trading activities, handling around 90 percent of all securities traded within Germany. Companies listing on the FSE often aim to enhance shareholder accessibility and foster investment opportunities for a global audience of investors.

“We are excited about Generation’s entry into the European capital markets through our Frankfurt Stock Exchange listing. As Germany’s premier stock exchange, it marks a significant milestone in our efforts to expand our reach with investors overseas,” stated Generation President and Chief Executive Officer, Anthony Zelen. “Listing on the FSE should serve to increase liquidity and our visibility on a global scale.”

For more information on our impending uranium exploration activities in the Thelon Basin, please visit our investor presentation and website.

FOR FURTHER INFORMATION CONTACT

Anthony Zelen

President and Chief Executive Officer

admin@generationuranium.com

778-388-5258

About Generation Uranium

The Company is a natural resource company engaged in the exploration and development of mineral properties. The Company holds an option to acquire a 60% interest in and to the Arlington Property, located within the Arrow Boundary District of south-central British Columbia, and holds a 100% interest in the Yath Uranium Project, located in the Territory of Nunavut.

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.