District Metals

Generation Uranium Announces New Interim CEO and New Independent Director

Vancouver, British Columbia, Canada – TheNewswire - June 3rd, 2025, Generation Uranium Inc. (the “Company” or “Generation”), (TSXV: GEN) (OTCQB: GENRF) (FSE: W85) announces the resignation of CEO and Director, Mr. Anthony Zelen, and is pleased to announce that Mr. Chris Huggins will take over as Interim CEO, and Mr. Christoph Bruening is joining the board of directors.

Chris Huggins is a proven leader with over 30 years of success in mineral exploration, capital markets, and business development. Born and raised in Timmins, Ontario—Canada’s richest goldfield—he brings a career-long focus on creating value and identifying growth opportunities for clients and shareholders.

Mr. Huggins began his career as an exploration geologist with Homestake Mining, contributing to key projects around Eskay Creek, Snip Mine, Stewart, BC, and Copiapo, Chile. He later transitioned to the emerging technology sector, achieving a decade of success in sales and corporate development roles. Returning to the mining and construction industries, Chris held senior positions at Atlas Copco and Finning, where he delivered capital equipment solutions to industry leaders such as De Beers, BHP, Acciona, and Heidelberg. He also managed global and national Caterpillar accounts, bringing a strategic edge to complex operational environments.

Currently, Mr. Huggins serves as CEO and Director of Auric Minerals Corp (CSE: AUMC) and Collective Metals Inc. (CSE: COMT) where he leads with a focus on strategic growth, operational excellence, and long-term shareholder value.

Mr. Bruening is the founder and managing partner of Value Relations GmbH, a full-service investor relations and public relations agency in Frankfurt with over 25 years of excellence, focusing on mining, exploration, biotech and healthcare. Since 1998 he has organized and operated over 500 conferences and over 200 road shows in Germany and throughout Europe. In addition, he has listed over 600 companies on the Frankfurt Stock Exchange.

Mr. Bruening graduated in Chemistry from Technische Universität (TU) Darmstadt, in 1995. He is the author of several publications, including on rare earths, uranium, and has an upcoming book on energy and future challenges. He has presented at all the leading resource conferences including the PDAC, Mines and Money, Deutsche Rohstoff Messe Frankfurt, Edelmetall- und Rohstoffmessse Munich, and the Vancouver Resource Investment Conference. He has previously been a director of multiple public companies in Canada, the United States and Germany.

The Company would like to thank Mr. Zelen for his years of excellence at the helm of the Company and wish him the best in all of his future endeavours.

FOR FURTHER INFORMATION CONTACT

Chris Huggins

Interim Chief Executive Officer

This email address is being protected from spambots. You need JavaScript enabled to view it. 

About Generation Uranium

The Company is a natural resource company engaged in the exploration and development of mineral properties. The Company 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.

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