Announced
Financials
Tags
Canada
resource mining
General Mining
Acquisition
Majority
Public
Domestic
Pending
Friendly
Single Bidder
Synopsis
Premier American Uranium, a company focused on the consolidation, exploration, and development of uranium projects in the United States, agreed to acquire American Future Fuel, a Canadian based resource company for $61m. “The announcement made today marks a significant leap in our journey to strengthen our foothold in the U.S. uranium market through opportunistic and strategic M&A. By acquiring a key project, we're not just enriching our portfolio; we're also setting our roots in three principal uranium regions, paving the way for rapid growth. Additionally, I am excited to introduce Colin as the newest member of our team. His profound knowledge of the uranium industry, together with our unparalleled technical skills, places us in an advantageous position in what is arguably the most promising uranium territory in the United States," Tim Rotolo, Premier American Uranium Chairman.
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