Consolidated Uranium Closes Acquisition of the Laguna Salada Uranium and Vanadium Project in Argentina

Consolidated Uranium Closes Acquisition of the Laguna Salada Uranium and Vanadium Project in Argentina

is pleased to announce that it has closed the previously announced acquisition (the “ Acquisition ”) of a 100% undivided interest in the Laguna Salada uranium and vanadium project (“ Laguna Salada ” or the “ Property ”) located in Chubut Province, Argentina, pursuant to the option agreement (the “ Option Agreement ”) dated December 14, 2020 between Company and U308 Corp. (“ U308 ”).

CUR completed the Acquisition for consideration of $1,500,000 that was satisfied by the issuance of 675,675 common shares of the Company (“ Common Shares ”), at a deemed price of $2.22 per share based on the five-day volume weighted average price of the Common Shares up to June 9, 2021, being the second business day prior to the option being exercised. In addition, pursuant to the Option Agreement, U308 is entitled to receive certain future payments contingent upon the attainment of certain milestones tied to […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
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