Consolidated Uranium Inc. - CURUF STOCK NEWS

Consolidated Uranium Inc. (CUR) is set to be acquired by IsoEnergy Ltd. (ISO) in a plan of arrangement approved by shareholders and reviewed by the Committee on Foreign Investment in the United States. The acquisition is expected to be completed on or around December 5, 2023. Additionally, CUR intends to issue 400,000 Common Shares to Mega Uranium Ltd. as part of the Ben Lomond Option Agreement.

Consolidated Uranium Inc. (CUR) announces shareholder approval for the merger with IsoEnergy Ltd. The special resolution was approved by an overwhelming 99.53% of the votes cast, and the company anticipates the completion of the merger in early December 2023.

Consolidated Uranium Inc. (CUR) and Premier American Uranium Inc. (PUR) have completed the spin-out of PUR through a plan of arrangement, transferring ownership of certain subsidiaries to PUR in exchange for 7,753,752 common shares. CUR shareholders will receive 0.0373761 of a PUR Share for each CUR Share held.

Consolidated Uranium Inc. (CUR) provides an update on the planned spin-out of Premier American Uranium Inc. (PUR), transferring ownership of certain subsidiaries to PUR in exchange for 7,753,752 common shares. The Spin-Out is set to close on November 27, 2023, with CUR shareholders receiving their pro rata portion of the 3,876,786 PUR Shares on November 29, 2023.

Consolidated Uranium Inc. (CUR) has announced a special meeting of shareholders and a share-for-share merger with IsoEnergy Ltd. CUR shareholders will be asked to consider a resolution regarding the merger, where IsoEnergy will acquire all issued and outstanding CUR shares. Upon completion of the merger, existing IsoEnergy and CUR shareholders will own approximately 65.05% and 30.20% of the combined company, respectively. The meeting will be held on November 28, 2023, and CUR's Board of Directors recommends voting in favor of the merger.

Consolidated Uranium Inc. completes initial phase of drilling at Tony M Uranium Mine

IsoEnergy and Consolidated Uranium have entered into a definitive arrangement agreement for a share-for-share merger. Consolidated Uranium shareholders will receive 0.500 of a common share of IsoEnergy for each CUR Share held. The implied fully diluted equity value of the combined company is estimated at approximately $903.5 million. Existing IsoEnergy and Consolidated Uranium shareholders will own approximately 70.5% and 29.5% of the Company, respectively. The merger creates a globally diversified uranium company with near-term production, development, and exploration projects in top tier jurisdictions. The combined company will rank among the top 10 publicly traded uranium focused companies in the world. The merger is expected to provide significant upside potential for shareholders.

Consolidated Uranium Inc. (CUR) has obtained a final order from the Ontario Superior Court of Justice approving the spin-out of Premier American Uranium Inc. (PUR). The spin-out was overwhelmingly approved by shareholders at the annual and general special meeting. CUR will transfer ownership of certain subsidiaries to PUR in exchange for 7,753,752 common shares of PUR.

Consolidated Uranium Inc. has completed the acquisition of the Huemul-Agua Botada Uranium-Vanadium-Copper Mine in Argentina. The mine has a historical production of approximately 500,000 pounds of U3O8. CUR now holds two projects in Argentina.