Premier American Uranium Announces Management Change
Premier American Uranium Announces Management Change
Toronto, ON, November 29, 2024 – Premier American Uranium Inc. (“PUR”, the “Company” or
“Premier”) (TSXV: PUR) (OTCQB: PAUIF) announces that David Suda, President of the Company, has
resigned from his position effective December 1, 2024, to pursue other opportunities.
Colin Healey, CEO of PUR, commented, “On behalf of the Board of Directors and the entire Company, I
would like to extend our sincere gratitude to David for his leadership and dedication during his time with
the Company. His contributions have been instrumental in the efficient transition and integration of our
New Mexico assets acquired in June, and we wish him all the best in his future endeavours."
David Suda, President of Premier, commented, “It has been a privilege to work alongside such an
exceptional, dedicated team, backed by a committed and strong group of shareholders within the uranium
sector. I am proud of what we have achieved together in establishing PUR as a leading uranium company,
poised for continued growth in the U.S. With its strong foundation and strategic vision, I look for ward to
following Premier’s progress in the years to come.”
Premier remains focused on expanding and advancing its portfolio of U.S. -focused uranium assets,
particularly its Cebolleta Project in New Mexico and Cyclone Project in Wyoming, where it achieved
significant milestones in 2024. The Company aims to build on its early success in 2025 and beyond, as
uranium sector fundamentals continue to present a generational opportunity. The Company is committed
to maintaining its dedication to operational excellence and sustainability.
About Premier American Uranium Inc.
Premier American Uranium is focused on the consolidation, exploration, and development of uranium
projects in the United States, aiming to strengthen domestic energy security and support the transition to
clean energy. One of PUR’s key strengths is the extensive land holdings in three prominent uranium -
producing regions in the United States: the Grants Mineral Belt of New Mexico, the Great Divide Basin of
Wyoming and the Uravan Mineral Belt of Colorado.
With current resources and defined resource exploration targets, PUR is actively advancing its portfolio
through work programs. PUR benefits from strong partnerships, with backing from Sachem Cove Partners,
IsoEnergy Ltd., Mega Uranium Ltd., and other insti tutional investors. The Company’s distinguished team
had extensive experience in uranium exploration, development, permitting, and operations, as well as
uranium-focused mergers and acquisitions—positioning PUR as a key player in advancing the U.S. uranium
sector.
For More Information, Please Contact:
Premier American Uranium Inc.
Colin Healey, CEO
Toll-Free: 1-833-223-4673
Twitter: @PremierAUranium
www.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 news 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, the
Company’s ongoing business plan and intended strategic focus ; 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 num erous assumptions, including among others, that
the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost
of planned exploration activities, the completion, timing and results of planned exploration activities being
consistent with expectations, the anticipated mineralization being consistent with expectations, that
general business and economic conditions will not change in a material adverse manner, that financing
will be available if and when needed and on reasonable terms, that third party contractors, equipment and
supplies and governmental and other approvals required to conduct the Company’s planned exploration
activities will be available on reasonable terms and in a timely manner. 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, changes in mineral resources, no known mineral reserves, 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 and the risk factors with respect to Premier American Uranium set out in PUR’s annual
information form for the year ended December 31, 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 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.