Premier American Uranium completed the acquisition of American Future Fuel for $61m.

Premier American Uranium, a company focused on the consolidation, exploration, and development of uranium projects in the United States, completed the acquisition of American Future Fuel, a Canadian based resource company, for $61m. “Completing the Arrangement with AMPS marks a pivotal step in executing our strategic vision to consolidate high-quality assets in the premier uranium districts of the US. We now have a strong foothold in three prominent districts known for their significant uranium endowment and potential: the Grants Mineral Belt in New Mexico, the Great Divide Basin in Wyoming and the Uravan Mineral Belt in Colorado. This year, we intend to launch two fully funded drill programs in two of these districts at our Cebolleta, NM, and Cyclone, WY, Projects and look forward to continuing to work to elevate our portfolio through further consolidation. We would like to extend our gratitude to our cornerstone investors for their continued support and welcome our new shareholders in this next phase of our growth,” Colin Healey, PUR CEO.