Consolidated Uranium Announces Private Placement by Premier American Uranium for Proceeds of at least C$10.35 Million

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that further to its press release on May 24, 2023 regarding the creation and planned spin-out (the “ Spin-Out ”) of Premier American Uranium Inc. (“ PUR ”), CUR has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of investment dealers (collectively, the “ Agents ”) in connection with a fully marketed private placement (the “ PUR Offering ”) of a minimum of 5,750,000 subscription receipts of PUR (each, a “ Subscription Receipt ”) at a price of C$1.80 per Subscription Receipt (the “ Offering Price ”) for minimum gross proceeds of C$10,350,000. The Agents will have an option, exercisable in full or in part up to 48 hours prior to […]

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