Premier American Uranium Inc. (“PUR”, the
“Company” or “Premier American Uranium”) (TSXV:
PUR) (OTCQB: PAUIF) is pleased to announce that its common
shares have commenced trading on the OCTQB under the symbol PAUIF.
The listing complements PUR’s existing DTC Eligibility.
Colin Healey, CEO of PUR, commented, “As a U.S.
focused uranium exploration and development Company, having our
shares trade on the OTCQB is an important step in unlocking value
for our existing shareholders in the U.S. Additionally, with this
now completed, we anticipate leveraging the OTC platform to expand
our visibility to a broader network of investors, which aligns
seamlessly with current uranium market dynamics, particularly
within the U.S.”
The OTCQB is a U.S. trading platform operated by
the OTC Markets Group and is the premier marketplace for
entrepreneurial and development stage U.S. and international
companies committed to providing a high-quality trading and
information experience for their U.S. investors. To be eligible,
companies must be current in their financial reporting, pass a
minimum bid price test, and undergo an annual company verification
and management certification process. The OTCQB quality standards
provide a strong baseline of transparency, as well as the
technology and regulation to improve the information and trading
experience for investors.
The OTCQB listing has the potential to further
enhance trading volumes through an expansion of investment
advisers' ability to recommend investments to their U.S. clients.
Investors can find current financial disclosure and Real-Time Level
2 quotes for the Company on www.otcmarkets.com.
About Premier American
Uranium
Premier American Uranium Inc. is focused on the
consolidation, exploration, and development of uranium projects in
the United States. One of PUR’s key strengths is the extensive land
holdings in two prominent uranium-producing regions in the United
States: the Great Divide Basin of Wyoming and the Uravan Mineral
Belt of Colorado. With a rich history of past production and
historic uranium mineral resources, PUR has work programs underway
to advance its portfolio.
Backed by Sachem Cove Partners, IsoEnergy and
additional institutional investors, and an unparalleled team with
U.S. uranium experience, PUR’s entry into the market comes at a
well-timed opportunity, as uranium fundamentals are currently the
strongest they have been in a decade.
For More Information, Please
Contact:
Premier American Uranium
Inc.Colin Healey, CEOinfo@premierur.comToll-Free:
1-833-572-2333Twitter: @PremierAUraniumwww.premierur.com
Neither TSX Venture Exchange nor its Regulations
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding
“Forward-Looking” Information
This news release contains “forward-looking
information” within the meaning of applicable Canadian securities
laws. Forward-looking information includes, but is not limited to,
statements with respect to, planned exploration activities; and
other activities, events or developments that are expected,
anticipated or may occur in the future. Generally, but not always,
forward-looking information and statements can be identified by the
use of words such as “plans”, “expects”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or
“believes” or the negative connotation thereof or variations of
such words and phrases or statements that certain actions, events
or results “may”, “could”, “would”, “might” or “will be taken”,
“occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are
based on our current expectations, beliefs, assumptions, estimates
and forecasts about PUR’s business and the industry and markets in
which it operates. Such forward-information and statements are
based on numerous assumptions, including among others, expectations
regarding negative operating cash flow and dependence on third
party financing, uncertainty of additional financing, no known
mineral reserves or resources, reliance on key management and other
personnel, potential downturns in economic conditions, actual
results of exploration activities being different than anticipated,
changes in exploration programs based upon results, risks generally
associated with the mineral exploration industry, environmental
risks, changes in laws and regulations, community relations, delays
in obtaining governmental or other approvals and the risk factors
with respect to Premier American Uranium set out in PUR’s listing
application dated November 27, 2023 and the other documents of PUR
filed with the Canadian securities regulators and available under
PUR’s profile on SEDAR+ at www.sedarplus.ca.
Although the assumptions made by PUR in
providing forward-looking information or making forward-looking
statements are considered reasonable by management at the time,
there can be no assurance that such assumptions will prove to be
accurate. Forward-looking information and statements also involve
known and unknown risks and uncertainties and other factors, which
may cause actual results, performances and achievements of Premier
American Uranium to differ materially from any projections of
results, performances and achievements of Premier American Uranium
expressed or implied by such forward-looking information or
statements, including, among others: limited operating history,
negative operating cash flow and dependence on third party
financing, uncertainty of additional financing, delays or failure
to obtain required permits and regulatory approvals, no known
mineral resources/reserves, reliance on a single project,
aboriginal title and consultation issues, reliance on key
management and other personnel; potential downturns in economic
conditions; availability of third party contractors; availability
of equipment and supplies; failure of equipment to operate as
anticipated; accidents, effects of weather and other natural
phenomena and other risks associated with the mineral exploration
industry; changes in laws and regulation, competition, and
uninsurable risks.
Although PUR has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those contained in the forward-looking
information or implied by forward-looking information, there may be
other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that
forward-looking information and statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated, estimated or intended.
Accordingly, readers should not place undue reliance on
forward-looking statements or information. PUR undertakes no
obligation to update or reissue forward-looking information as a
result of new information or events except as required by
applicable securities laws.
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