Consolidated Uranium Closes Acquisition and Strategic Alliance with Energy Fuels

TORONTO and LAKEWOOD, Colo., Oct. 27, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (" CUR ") (TSXV: CUR) (OTCQB: CURUF) and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“ Energy Fuels ”) are pleased to announce the closing of the acquisition (the “ Transaction ”), previously announced on July 15, 2021, of a portfolio of conventional uranium projects located in Utah and Colorado (the “ Projects ”) pursuant to the asset purchase agreement (the “ Purchase Agreement ”) among CUR and certain wholly-owned subsidiaries of Energy Fuels (collectively, the “ EF Parties ”). In connection with the closing of the Transaction, the companies have also entered into toll-milling, operating and investor rights agreements with respect to the Projects.

Transaction Highlights: New Entrant into the U.S. Uranium Sector – The acquisition establishes CUR as a new player in the U.S. uranium sector. The U.S. is currently the largest generator […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet