Company Update - Name Change to 'American Uranium Limited'

• Shareholders to approve name change to 'American Uranium Limited' with new ASX code 'AMU'
• Seeking approval for second tranche of $1.97M placement, including $1.487M from cornerstone investor Snow Lake Energy
• Seeking approval for share consolidation, director participation, and ratification of previous share issues

GTI Energy Ltd (ASX:GTR) has announced that it has lodged a Notice of General Meeting (EGM) with the ASX, seeking shareholder approval for several matters, including a change of the company's name to 'American Uranium Limited' with the new ASX code 'AMU'. The EGM will also seek approval for the second tranche of a $4.5M placement, which includes a $1.487M commitment from cornerstone strategic investor Snow Lake Energy (NASDAQ:LITM). Additionally, the EGM will seek approval for a 1-for-40 share consolidation, ratification of previous share issues, the issue of options associated with the placement, and director participation in the placement.