U3O8 : Shareholders Elect New Board of Directors at the Annual and Special Meeting and the Company Issues Stock Options

At a board meeting after the ASM, Trumbull Fisher was elected Chairperson of the Company.

The number of shares voted was 8,349,386, representing 23.52% of the Company’s outstanding shares.

For more information on the ASM and the matters voted on, please refer to the Company’s Management Information Circular dated May 31st, 2022 available on the Company’s SEDAR profile at www.sedar.com. .

Issuance of Stock Options The Company has issued an aggregate total of 2,250,000 stock options to board members, management, and consultants. The stock options have a five-year term and an exercise price of $0.16, corresponding to the closing price of the Company’s stock on the NEX platform of the TSX Venture Exchange on June 30th, 2022. These options comply with the Company’s standard option practice with one quarter of the options vesting on the date of grant and one quarter vesting on each of the six-month, 12-month and 18-month […]

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