International Consolidated Uranium Enters the U.S. Uranium Sector with Transformational Acquisition and Strategic Alliance with Energy Fuels

– Acquires Portfolio of Projects in the U.S., including Three Past Producing Mines; Enters into Toll-Milling and Operating Agreements –

VANCOUVER, BC and LAKEWOOD, Colo., July 15, 2021 /CNW/ – International Consolidated Uranium Inc. (" CUR ") (TSXV: CUR) (OTCQB: CURUF) and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (" Energy Fuels ") are pleased to announce that CUR has entered into a definitive asset purchase agreement (the " Purchase Agreement ") with certain wholly-owned subsidiaries of Energy Fuels (collectively, the " EF Parties ") whereby CUR will acquire a portfolio of conventional uranium projects located in Utah and Colorado (the " Projects ") from the EF Parties (collectively, the " Transaction "). In connection with the closing of the Transaction, the companies have also agreed to enter into toll-milling and operating agreements with respect to the Projects which positions CUR as a potential near-term US Uranium producer […]

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