U3O8 Corp. Sells the Laguna Salada Project to Focus on the Berlin Uranium and Battery Commodities Deposit

Article content

Toronto, Ontario–(Newsfile Corp. – June 11, 2021) – U3O8 Corp. ( TSXV: UWE.H ) (“ U3O8 ” or the “ Company “) announces that International Consolidated Uranium Inc. (“CUR”) has chosen to exercise its option to purchase the Laguna Salada Project in Argentina from U3O8 Corp. The terms of the option agreement (“ Option Agreement “) were outlined in U3O8 Corp.’s press release dated December 14, 2020.

The cash component of the purchase will be used to advance U3O8 Corp.’s Berlin Deposit that contains uranium, a suite of battery commodities and rare earth elements. The component of the purchase price to be paid in CUR shares will be held in U3O8 Corp.’s treasury to provide its shareholders with exposure to a broadening portfolio of uranium deposits that CUR has acquired in Australia and Canada.

Consideration for the Laguna Salada Project A summary of the status and related terms […]

Click here to view original web page at www.thewhig.com

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.