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Consolidated Uranium Closes Acquisition Of The Milo Uranium-Copper-Gold-Ree And Is Granted Gidyea Creek Project Tenements In Queensland, Australia

PRIVATEApr 21, 2022

Acquiring Company

Labrador Uranium Inc.

Acquired Company

Milo Uranium-Copper-Gold-REE

TorontoEnergyNatural Resources

Description

Consolidated Uranium Inc. (“CUR” or the “Company”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that its has closed the previously announced acquisition (the “Acquisition”) of a 100% undivided interest in the Milo Uranium, Copper, Gold, Rare Earth Project (“Milo” or the “Project”) pursuant to the definitive sale and purchase agreement (the “Agreement”) dated November 10, 2021 between CUR and Isa Brightlands Pty Ltd (the “Vendor”), a wholly owned subsidiary of GBM Resources (“GBM”) (ASX: GBZ). The Project consists of Exploration Permit – Minerals (EPM) 14416, which includes 20 sub blocks or approximately 34 square kilometres located within The Mt Isa Inlier, approximately 40 kilometres west of Cloncurry in Northwestern Queensland, Australia.

Quick answer

Labrador Uranium Inc. is acquiring Milo Uranium-Copper-Gold-REE, announced April 21, 2022. Labrador Uranium Inc. is based in Toronto, Ontario, Canada.

How much did Labrador Uranium Inc. pay for Milo Uranium-Copper-Gold-REE?
The deal value was not disclosed.
What does Labrador Uranium Inc. do?
Consolidated Uranium Inc. (TSXV: CUR) (OTCQB: CURUF) was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation.
Where are Labrador Uranium Inc. and Milo Uranium-Copper-Gold-REE based?
Labrador Uranium Inc. is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

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Company Information

Company

Labrador Uranium Inc.

Location

217 QUEEN STREET WEST, 4TH FLOOR

Toronto, Ontario, Canada

About

Consolidated Uranium Inc. (TSXV: CUR) (OTCQB: CURUF) was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation. To date, the Company has acquired or has the right to acquire uranium projects in Australia, Canada, Argentina, and the United States each with significant past expenditures and attractive characteristics for development. Most recently, the Company completed a transformational strategic acquisition and alliance with Energy Fuels Inc., a leading U.S.-based uranium mining company, and acquired a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah and Colorado. These mines are currently on stand-by, ready for rapid restart as market conditions permit, positioning CUR as a near-term uranium producer.For More Information, Please Contact

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Frequently asked

Who acquired Milo Uranium-Copper-Gold-REE?

Milo Uranium-Copper-Gold-REE was acquired by Labrador Uranium Inc., based in Toronto. The deal was reported on April 21, 2022. Consolidated Uranium Inc. (TSXV: CUR) (OTCQB: CURUF) was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation. Labrador Uranium Inc. is privately held and operates in Energy.

When did Labrador Uranium Inc. acquire Milo Uranium-Copper-Gold-REE?

Labrador Uranium Inc.'s acquisition of Milo Uranium-Copper-Gold-REE was reported on April 21, 2022. Consolidated Uranium Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Milo Uranium-Copper-Gold-REE do?

Milo Uranium-Copper-Gold-REE is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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