Announcing Proposed Consolidation of Shares
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Proposed Consolidation of Shares
Vancouver, British Columbia – July 21, 2025 – First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK:
FAUMF) (the “Company”) announces that the Company intends to consolidate the common shares in the
capital of the Company (the “ Shares”) on the basis of one (1) post-consolidated Share for each two (2)
pre-consolidated Shares (the “Consolidation”).
The Company currently has 12,247,181 Shares issued and outstanding on a pre-consolidation basis. If the
proposed Consolidation is undertaken, then th e Company will have approximately 6,123,590 Shares,
subject to rounding, issued and outstanding on a post-consolidation basis.
No fractional shares will be issued as a result of th e Consolidation. Any fractional shares resulting from
the Consolidation will be rounded up or down to th e nearest whole Share. The Company’s outstanding
incentive stock options and warrants will be adjusted on the same basis (1:2) to reflect the Consolidation
in accordance with their respective terms with proportionate adjustments to be made to the exercise
prices.
In accordance with the Articles of the Company, shareholders’ approval is not required for the
Consolidation but is subject to the approval of the Canadian Securities Exchange (the “ CSE”). The
Company’s name and stock symbol are currently expected to remain unchanged following the
Consolidation.
About First American Uranium Inc.
First American Uranium Inc. is engaged in the business of mineral exploration and the acquisition of
mineral property assets in North America. Its object ive is to locate and develop economic precious and
base metal properties of merit and to conduct its exploration programs on the Silver Lake properties. The
Silver Lake property is situated around Goosly La ke and approximately 30 km southeast of the town of
Houston, in the Omineca Mining Division, British Columbia.
ON BEHALF OF THE BOARD
“Kelvin Lee”
Kelvin Lee, Chief Financial Officer
For further information, please contact: Telephone: (604) 961-0296
Forward-Looking Statement Cautions:
This press release contains certain “forward-look ing statements” within the meaning of Canadian
securities legislation. Although the Company believes that such statements are reasonable, it can give no
assurance that these expectations will prove to be correct. Forward-looking statements are not historical
facts and by their nature, refer to future events. Th e Company cautions that forward-looking statements
are based on the beliefs, estimates and opinions of the Company’s management at the time the
statements are made, and they invo lve a number of risks and uncertainties. Consequently, there can be
no assurances that these statements will prove to be accurate and actual results and future events could
differ materially from those anticipated in such stat ements. Except to the exte nt required by applicable
securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no
obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or
other factors, should change.
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The CSE does not accept responsibility for the adequacy or accuracy of this release.