Bullboard - Stock Discussion Forum Premier American Uranium Inc V.PUR

Alternate Symbol(s): PAUIF

Metals & Mining Industrial Metals & Minerals

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 two prominent uranium-producing regions in the United States: the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado. The Company controls a significant land position of approximately 25,5000 acres of mineral... see more

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TSXV:PUR - Post Discussion

Premier American Uranium Inc > Consolidated Uranium Announces Record Date for the Spin-Out

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Post by Betteryear2 on Nov 20, 2023 2:37pm

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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