Core Viewpoint - Nuclear Fuels Inc. is progressing with a statutory plan of arrangement with Premier American Uranium Inc., which has received final court approval, targeting completion by August 25, 2025 [1][2]. Group 1: Plan of Arrangement Details - The Supreme Court of British Columbia approved the Plan of Arrangement on August 18, 2025, allowing Premier American Uranium to acquire all outstanding common shares of Nuclear Fuels [1][3]. - Completion of the arrangement is contingent upon approval from the TSX Venture Exchange and other customary closing conditions [2]. - Following the arrangement, shares of Premier American Uranium will continue trading on the TSX Venture Exchange, while Nuclear Fuels will be de-listed from the Canadian Securities Exchange [4]. Group 2: Financial Advisory and Compensation - Nuclear Fuels engaged Canaccord Genuity Corp. as a financial advisor for the arrangement, compensating them with 648,414 common shares at a deemed price of $0.347 per share [5]. Group 3: Company Overview - Nuclear Fuels Inc. is focused on uranium exploration, advancing ISR amenable uranium projects in the U.S., and is well-positioned for growth due to strong government support [6]. - The company has consolidated the Kaycee district under single control for the first time since the early 1980s and is planning a 2025 drill program to expand historic resources across a 35-mile trend [6].
Nuclear Fuels Announces Final Court Approval of Arrangement with Premier American Uranium