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Premier American Uranium Acquires Future Fuel

Premier American Uranium Acquires Future Fuel

Premier American Uranium Inc (TSE:PUR) has released an update.

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Premier American Uranium Inc. is set to expand its industry footprint with the strategic acquisition of American Future Fuel, securing a 100% lease-hold interest in the significant Cebolleta Uranium Project in New Mexico. The deal includes a stock exchange that will result in a combined pro forma company valued at approximately C$129 million, with existing shareholders of both companies retaining a majority and minority stake respectively. Additionally, the company welcomes Colin Healey, a seasoned mining research analyst with over 20 years of experience, as its new CEO.

For further insights into TSE:PUR stock, check out TipRanks’ Stock Analysis page.

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