Brief: Energy Fuels Inc - International Consolidated Uranium Inc To Acquire Portfolio Of Conventional Uranium Projects In Utah, Colorado From EF Parties

Consolidated Uranium

15/07/2021 12:16

July 15 (Reuters) - International Consolidated Uranium Inc
 CUR.V :
    * ENERGY FUELS INC - INTERNATIONAL CONSOLIDATED URANIUM INC
TO
ACQUIRE PORTFOLIO OF CONVENTIONAL URANIUM PROJECTS IN UTAH,
COLORADO FROM EF PARTIES
    * ENERGY FUELS INC - COMPANIES HAVE ALSO AGREED TO ENTER
INTO
TOLL-MILLING AND OPERATING AGREEMENTS
    * ENERGY FUELS INC - PAYMENT OF $2.0 MILLION IN CASH,
PAYABLE ON
CLOSING OF DEAL
    * ENERGY FUELS INC - FOR SO LONG AS CO MAINTAINS EQUITY
OWNERSHIP
IN CUR AT OR ABOVE 10%, CO ENTITLED TO NOMINATE 1 MEMBER TO CUR
BOARD

Source text for Eikon:  ID:nCNWMy9vFa 
Further company coverage:  CUR.V 

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