Uravan Announces the Purchase of Uranium Claims in Lisbon Valley

CALGARY, AB, Aug. 15, 2022 /CNW/ – Uravan Minerals Inc. (TSXV: UVN) (" Uravan ") and Prime Fuels Corp (" Prime ") announce they have entered into a Share Purchase Agreement effectively dated August 9, 2022 (the " Transaction" ) which sets forth the terms and conditions upon which Uravan will acquire Prime and its 100% owned mining projects located in Lisbon Valley Mining District (the "Lisbon Valley District" ) Utah, USA.

Prime is a private company incorporated under the laws of the State of Colorado and is the recorded and beneficial owner of a 100% interest in certain unpatented lode mining claims (the " Claims ") situated in the State of Utah, USA. The Claims consist of two groups, the LS and JB mining claims, totalling 107 claims covering approximately 2,211 acres (895 ha) in the Lisbon Valley District, south-eastern Utah.

The Lisbon Valley District is in the Colorado Plateau […]

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