Nuclear Fuels Announces Filing and Mailing of Special Meeting Materials in Connection with Proposed Arrangement with Premier American Uranium
Nuclear Fuels (OTCQX:NFUNF) has announced the filing and distribution of special meeting materials for shareholders to vote on a proposed arrangement with Premier American Uranium (PUR). The special meeting is scheduled for August 13, 2025 in Vancouver.
Under the proposed arrangement, PUR will acquire all outstanding shares of Nuclear Fuels, with shareholders receiving 0.33 PUR shares for each Nuclear Fuels share held. The Board of Directors has recommended shareholders vote in favor of the arrangement. Only shareholders of record as of July 7, 2025 are eligible to vote at the meeting.
Nuclear Fuels (OTCQX:NFUNF) ha annunciato la presentazione e la distribuzione dei materiali per l'assemblea straordinaria dei soci, durante la quale si voterà una proposta di accordo con Premier American Uranium (PUR). L'assemblea straordinaria è fissata per il 13 agosto 2025 a Vancouver.
Secondo la proposta, PUR acquisirà tutte le azioni in circolazione di Nuclear Fuels, e gli azionisti riceveranno 0,33 azioni PUR per ogni azione Nuclear Fuels posseduta. Il Consiglio di Amministrazione ha raccomandato agli azionisti di votare a favore dell'accordo. Solo gli azionisti registrati al 7 luglio 2025 avranno diritto di voto durante l'assemblea.
Nuclear Fuels (OTCQX:NFUNF) ha anunciado la presentación y distribución de los materiales para la reunión especial de accionistas, donde se votará una propuesta de acuerdo con Premier American Uranium (PUR). La reunión especial está programada para el 13 de agosto de 2025 en Vancouver.
Bajo el acuerdo propuesto, PUR adquirirá todas las acciones en circulación de Nuclear Fuels, y los accionistas recibirán 0.33 acciones PUR por cada acción de Nuclear Fuels que posean. La Junta Directiva ha recomendado a los accionistas votar a favor del acuerdo. Solo los accionistas registrados al 7 de julio de 2025 podrán votar en la reunión.
Nuclear Fuels (OTCQX:NFUNF)는 주주들이 Premier American Uranium (PUR)와의 제안된 합병 안건에 대해 투표할 수 있도록 특별 주주총회 자료를 제출하고 배포했다고 발표했습니다. 특별 주주총회는 2025년 8월 13일 밴쿠버에서 개최될 예정입니다.
제안된 합병에 따라 PUR는 Nuclear Fuels의 모든 발행 주식을 인수하며, 주주들은 보유한 Nuclear Fuels 주식 1주당 0.33 PUR 주식을 받게 됩니다. 이사회는 주주들에게 합병 안건에 찬성 투표할 것을 권고했습니다. 2025년 7월 7일 기준으로 기록된 주주만이 총회에서 투표할 자격이 있습니다.
Nuclear Fuels (OTCQX:NFUNF) a annoncé le dépôt et la distribution des documents pour une assemblée générale extraordinaire des actionnaires, destinée à voter sur une proposition d'accord avec Premier American Uranium (PUR). L'assemblée spéciale est prévue pour le 13 août 2025 à Vancouver.
Dans le cadre de cet accord proposé, PUR acquerra toutes les actions en circulation de Nuclear Fuels, les actionnaires recevant 0,33 action PUR pour chaque action Nuclear Fuels détenue. Le conseil d'administration recommande aux actionnaires de voter en faveur de cet accord. Seuls les actionnaires inscrits au 7 juillet 2025 pourront voter lors de l'assemblée.
Nuclear Fuels (OTCQX:NFUNF) hat die Einreichung und Verteilung von Unterlagen für eine außerordentliche Hauptversammlung der Aktionäre angekündigt, bei der über einen vorgeschlagenen Zusammenschluss mit Premier American Uranium (PUR) abgestimmt wird. Die außerordentliche Hauptversammlung ist für den 13. August 2025 in Vancouver angesetzt.
Im Rahmen des vorgeschlagenen Zusammenschlusses wird PUR alle ausstehenden Aktien von Nuclear Fuels übernehmen, wobei die Aktionäre für jede gehaltene Nuclear Fuels-Aktie 0,33 PUR-Aktien erhalten. Der Vorstand empfiehlt den Aktionären, dem Zusammenschluss zuzustimmen. Stimmberechtigt sind nur Aktionäre, die am 7. Juli 2025 als solche eingetragen sind.
- Potential for enhanced value through merger with Premier American Uranium
- Board of Directors unanimously recommends the arrangement
- Clear exchange ratio of 0.33 PUR shares for each Nuclear Fuels share
- Shareholders will experience share dilution through the 0.33 exchange ratio
- Potential integration risks associated with the merger
CSE:NF
OTCQX:NFUNF
At the Meeting, Company Shareholders will be asked to consider a special resolution (the "Arrangement Resolution") approving the Arrangement pursuant to which PUR will acquire all of the issued and outstanding common shares of Nuclear Fuels (each whole share, an "NF Share"). Pursuant to the Arrangement, each Company Shareholder will receive 0.33 of a common share of PUR (each, a "PUR Share") for each NF Share held (the "Exchange Ratio").
The Board of Directors of Nuclear Fuels recommends that Company Shareholders vote FOR the Arrangement Resolution.
Additional details with respect to the Arrangement, the reasons for the recommendation of the Board of Directors of the Company as well as the potential benefits and risks of the Arrangement are described in the Circular, which Shareholders are encouraged to read in its entirety.
The Meeting and Voting
The Meeting is scheduled to be held at the offices of Morton Law LLP located at 1200 – 750 West Pender Street,
About Nuclear Fuels Inc.
Nuclear Fuels Inc. is a uranium exploration company advancing early stage, district-scale ISR amenable uranium projects towards production in the
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
None of the securities to be issued pursuant to the Arrangement have been or will be registered under the United States Securities Act of 1933, as amended (the "
Cautionary Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to activities, events or developments that the Company expects or anticipates will or may occur in the future including, but not limited to, the date of the Meeting and completion of the mailing of the Meeting Materials, Nuclear Fuels' position in the mining sector and anticipated support from the government, expected drilling programs, and benefits of the strategic relationship with enCore. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Such forward-looking information and statements are based on numerous assumptions, including receipt of required shareholder, regulatory, court and stock exchange approvals, the ability of the parties to satisfy, in a timely manner, the other conditions to the closing of the Arrangement, and other expectations and assumptions concerning the Arrangement. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management of the Company at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: the failure to obtain shareholder, regulatory, court or stock exchange approvals in connection with the Arrangement, material adverse change in the timing of completion and the terms and conditions upon which the Arrangement is completed, inability to satisfy or waive all conditions to complete the Arrangement as set out in the arrangement agreement, failure to complete the Arrangement, failure to realize the anticipated benefits of the Arrangement or implement the business plan for the PUR following completion of the Arrangement, negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known current mineral reserves or resources, unsuccessful drill programs, changes in the Company's strategic relationship, reliance on key management and other personnel, potential downturns in economic conditions, unanticipated changes in market price for PUR Shares and/or Company Shares, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, and risks generally associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals, stock market conditions generally, demand, supply and pricing for uranium; and general economic and political conditions in
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.
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SOURCE Nuclear Fuels Inc.
FAQ
When is the Nuclear Fuels (NFUNF) special shareholder meeting for the Premier American Uranium merger?
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