Consolidated Uranium Provides Update on Mountain Lake Option Agreement

TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ”, the “ Company ” or “ Consolidated Uranium ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to provide the following update on the option agreement (the “ Option Agreement ”) with IsoEnergy Ltd. (“ IsoEnergy ”) (TSXV: ISO) that was originally announced on July 16, 2020, providing CUR with the option to acquire a 100% undivided interest in the Mountain Lake uranium project (“ Mountain Lake ” or the “ Property ”) located in Nunavut, Canada.

Following receipt of shareholder approval of the Option Agreement at the Company’s annual and special meeting of shareholders held on June 29, 2021, the TSXV Venture Exchange (“ TSXV ”) conditionally approved the Option Agreement which has become effective as of August 3, 2021. As a result of the Option Agreement having been made effective and in accordance with the terms thereof, […]

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