Myriad Uranium Announces Expiration of Letter of Intent Respecting Proposed Merger

Core Viewpoint - Myriad Uranium Corp. announces the expiration of the letter of intent for a proposed merger with Rush Rare Metals Corp., but both parties remain in contact to explore a mutually acceptable agreement [1][2]. Company Overview - Myriad Uranium Corp. is a uranium exploration company with a 75% interest in the Copper Mountain Uranium Project located in Wyoming, USA [2]. - The Copper Mountain project has a history of significant exploration, including 2,000 boreholes drilled and an estimated historical resource value from Union Pacific's investment of C$117 million (2024 dollars) [2]. - The company has also acquired a 100% interest in the Red Basin Uranium Project in New Mexico, which shows extensive near-surface uranium mineralization and significant exploration potential [2].