Core Viewpoint - Homeland Uranium Corp. has successfully completed the acquisition of the Skull Creek Uranium Project from Hightest Resources, enhancing its position in the uranium sector and providing operational synergies with its existing projects in Colorado [1][3]. Acquisition Details - The Skull Creek Property consists of 154 mining claims on federal Bureau of Land Management-administered lands and one state exploration permit in Colorado [2]. - Homeland paid US$300,000 in cash and issued 750,000 common shares to acquire a 100% interest in the Property [4]. - Hightest retains a 2% NSR royalty on mineral production from the Property, reduced to 1.5% for production from the SEP Lands [4]. Future Potential and Payments - Hightest will receive contingent payments based on the defined uranium resources, with specific cash and share payments tied to resource thresholds of 10 million and 30 million pounds U3O8 [5]. - The acquisition is expected to facilitate drilling at both the Coyote Basin and Skull Creek projects, aiming to upgrade historical deposits to modern standards [3]. Company Overview - Homeland Uranium is focused on becoming a leading US-based uranium explorer and developer, owning the Coyote Basin, Skull Creek, and Red Wash projects in northwestern Colorado [6].