Bullboard - Stock Discussion Forum First American Uranium Inc C.URM

Alternate Symbol(s): FAUMF

First American Uranium Inc. is a Canada-based exploration stage junior mining company. The Company is engaged in the identification, acquisition and exploration of mineral properties in North America. The Company’s projects include Silver Lake Property and Red Basin Uranium/ Vanadium. The Silver Lake project is an exploration stage project approximately 30 kilometers (km) southeast of Houston... see more

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First American Uranium Inc > URM Trading Up After Announcing Subsidiary's New Agreement

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Post by StockHawk1 on Jul 18, 2023 3:20pm

URM Trading Up After Announcing Subsidiary's New Agreement

First American Uranium (URM.c FAUMF) is trading up on the CSE with >4x its average volume after announcing that its subsidiary has entered into an option agreement to acquire a 100% interest in mineral claims in Catron County, New Mexico, putting URM a step closer toward 100% ownership of the Red Basin Uranium/Vanadium Project.

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Full news release: https://www.globenewswire.com/news-release/2023/07/18/2706346/0/en/First-American-Uranium-Announces-Accelerated-Amended-and-Restated-Option-Agreement-Related-to-the-Uranium-Vanadium-mineral-claims-located-in-Catron-County-New-Mexico.html

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Comment by waves1 on Jul 20, 2023 2:31pm

Another day in the green for URM! Still in the very early stages here but once work begins at the project, I'd expect significant movement once the full extent is discovered.

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