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URZ3 Energy Corp. (TSX-V: URZ; OTCQB: NVDEF) has announced the passing of Company director Benjamin D. Leboe. Leboe was a Chartered Professional Accountant (CPA, CA), business valuator, and management consultant with extensive experience in executive roles and directorships. He previously served as Chief Financial Officer for various organizations, including Uranerz Energy Corp., and held a directorship with URZ Energy Corp.
The Company praised Leboe's expert advice, business acumen, calm wisdom, and generous mentorship. URZ3 Energy Corp. and its board of directors have extended their deepest condolences to Leboe's family, friends, and business associates. For further information, interested parties can contact Darcy Higgs, Director, at (604) 644-6580 or visit the company's website at www.urz3.com.
URZ3 Energy Corp. has officially changed its name from Nevada Exploration to reflect its shift in focus. The company's securities now trade under the symbol 'URZ' on the TSX Venture Exchange and 'NVDEF' on OTCQB.
URZ3 Energy holds a 35,467-hectare uranium property in the Athabasca Basin, Saskatchewan, and plans to acquire more uranium properties in North America. Additionally, the company retains valuable gold assets in Nevada and a proprietary groundwater exploration methodology for future use.
Nevada Exploration has applied for a name and trading symbol change to reflect its diversification into uranium. The company will be rebranded as URZ3 Energy Corp., with the new symbol 'URZ' on the TSX Venture Exchange starting June 13, 2024. Shares on the OTCQB will continue to trade under 'NVDEF'. The change aims to align with the company's new focus while retaining its core gold assets in Nevada. No actions are required from existing shareholders for this transition, and there will be no change in the company's capitalization. The new CUSIP number is 91733V104 and the new ISIN is CA91733V1040.
Nevada Exploration has formed an Advisory Board comprised of former Uranerz Energy professionals. The team includes Dr. Gerhard Kirchner, Glenn Catchpole, Arnold Dyck, and Paul Saxton, all previously involved in major uranium projects. Uranerz was acquired by Energy Fuels in 2015 for $350 million. Dr. Kirchner has extensive experience in mine development and management, including the discovery of the Key Lake uranium deposit. Glenn Catchpole has been active in the uranium solution mining industry since 1978. Arnold Dyck has significant financial expertise in uranium-related contracts. Paul Saxton has considerable experience in mining operations and corporate leadership. The Advisory Board will enhance Nevada Exploration's strategic capabilities, particularly in uranium exploration and development.
Nevada Exploration Inc. has appointed Mr. Mark Kolebaba as its new President and CEO, effective immediately. Mr. Kolebaba brings over 30 years of experience in mineral exploration, having been involved in significant discoveries of gold, diamonds, base metals, and uranium. The Company also granted incentive stock options to key personnel.
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