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

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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