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Premier American Uranium Inc V.PUR

Alternate Symbol(s):  PAUIF

Premier American Uranium Inc. is focused on the consolidation, exploration, and development of uranium projects in the United States. The Company has land holdings in three prominent uranium-producing regions in the United States: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado. It owns a 100% lease-hold interest in the Cebolleta Uranium Project located within the Grants Mineral Belt of New Mexico, United States. The Great Divide Basin of south-central Wyoming is the site of the Company’s Cyclone Uranium Project. The Cyclone Uranium Project covers approximately 25,500 acres comprising of 1,061 claims totaling 21,220 acres and seven state leases covering 4,280 acres. In the Uravan Mineral Belt of Colorado, it has projects, including Monogram Mesa project, the Atkinson Mesa project, and the Outlaw Mesa and Slick Rock projects. The Monogram Mesa project covers approximately 7,431 acres and consists of 361 mining claims.


TSXV:PUR - Post by User

Post by Betteryear2on Nov 20, 2023 2:37pm
200 Views
Post# 35744905

Consolidated Uranium Announces Record Date for the Spin-Out

Consolidated Uranium Announces Record Date for the Spin-Out TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to provide an update on the previously announced planned spin-out of Premier American Uranium Inc. (“Premier American Uranium” or “PUR”), through a plan of arrangement under the Business Corporations Act (Ontario) (the “Spin-Out”). As part of the Arrangement, CUR is transferring ownership of certain indirect wholly-owned subsidiaries that hold eight U.S. Department of Energy leases and certain patented claims located in Colorado to PUR in exchange for 7,753,752 common shares of PUR (“PUR Shares”). PUR is currently a majority-controlled subsidiary of CUR focused on the acquisition, exploration, and development of uranium projects in Wyoming and Colorado.

Consolidated Uranium Announces Record Date for the Spin-Out (globenewswire.com)
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