New Risk • Jul 02
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$118k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$118k). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.55m market cap, or US$2.50m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Jun 28
Global Uranium Corp. Commences Ambient Noise Tomography Survey at the Astro Uranium Project in Saskatchewan Global Uranium Corp. announced that an Ambient Noise Tomography (“ANT”) survey has commenced at the Astro Project (“Astro” or the “Project”), located in the eastern Athabasca Basin, Saskatchewan. The Company holds an option to acquire up to an 80% interest in Astro from Cosa Resources Corp., the project’s underlying owner and operator, subject to the satisfaction of certain earn-in requirements. The ANT survey forms part of the next phase of exploration following Global's completion of the Phase 1 earn-in requirements under its option agreement with Cosa. The ANT survey is the next step in advancing Astro following the completion of a 2025 airborne geophysical program, which defined a significant east-northeast trending conductive corridor across the Project, providing the foundation for the current follow-up work. The upcoming ANT survey will be completed by CAUR Technologies of Quebec, Canada, and is designed to deliver high-resolution shear wave velocity models to support geological interpretation and drill targeting by helping delineate lithological contrasts, structural features, and alteration zones within the lower Athabasca sandstone and upper basement rocks. The survey will focus on the AS-1 target area, which covers a significant portion of a 25-kilometre-long conductive corridor defined by Cosa’s 2025 project-wide airborne survey. Conductive corridors of this type are considered important exploration targets in the Athabasca Basin and are commonly associated with structural settings that host uranium deposits elsewhere in the basin. The survey design includes the deployment of 300 seismic sensors and is expected to take approximately two months to complete. Results from the survey are expected to help Global and Cosa identify and prioritize the most prospective areas for additional exploration, including potential follow-up ground electromagnetic surveying and future diamond drill targeting. The scientific and technical information contained in this news release has been reviewed and approved by Jared Suchan, Ph.D., P.Geo., a Qualified Person as defined by NI 43-101. New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.7m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.14m market cap, or US$2.98m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). 
