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New Deal


Announced

Premier American Uranium to acquire American Future Fuel for $61m.

Financials

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Transaction Value£48m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For64%
EV/Sales-
EV/EBITDA-
Share Price Premium66.1%
One Off Charge-

Tags

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Canada

resource mining

General Mining

Acquisition

Majority

Public

Domestic

Pending

Friendly

Single Bidder

Synopsis

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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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