Premier American Uranium Announces Results Following its Annual and General Special Meeting of Shareholders
Premier American Uranium Announces Results Following its
Annual and General Special Meeting of Shareholders
Toronto, ON, June 25, 2024 – Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American
Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce that shareholders have approved all matters
brought before the annual general and special meeting of shareholders (the “Meeting”) held virtually today, as
outlined in the management information circular of the Company prepared in connection with the Meeting.
Shareholders approved all of the matters presented for approval at the Meeting, including the re -election of
each of the existing directors to serve as a director of the Company until the next annual meeting of shareholders
or until his successor is otherwise elected or appointed.
Shareholders also approved the appointment of Mr. Jon Indall and Mr. Michael Henrichsen (the “Arrangement
Slate Nominees”) to serve as directors of the Company conditional upon closing of the previously announced
Plan of Arrangement (the “Arrangement”) involving Premier American Uranium and American Future Fuel
Corporation (“American Future Fuel” or “AMPS”), which is expected to close later this week.
Mr. Jon Indall has close to 40 years of experience in natural resources, environmental law, and administrative
law, which has made a profound impact on these domains. A distinguished retired partner from the prestigious
law firm of Maldegen, Templeman & Indall in Santa Fe, his practice encompassed intricate transactions, title
work, permitting, and mining property acquisitio ns. Mr. Indall adeptly represented clients engaged in site
remediation activities, including superfund sites. Mr. Indall recently serve d on the Advisory Board of American
Future Fuel providing extensive insights and expertise playing a pivotal advisory role, shaping the corporation's
strategic environmental decisions.
A revered figure in the uranium mining industry, Mr. Indall has actively engaged in both representation and
legislative activities, playing a role in shaping federal energy laws and policies. His representation portfolio
spanned a diverse range of natural resource clients, including hardrock mining companies, natural gas pipeline
entities, oil and gas supply firms, and water disposal companies. His impressive educational background includes
a J.D. from the University of Kansas in 1974 and a B.A. from the same institution in 1971.
Mr. Michael Henrichsen is the CEO of Goldshore Resources and is a director of Dolly Varden Silver Corp. As a
professional geologist, Mr. Henrichsen has over 20 years of experience in the mining industry in senior
management roles in both junior and major companies and brings a broad range of global experience. Notably,
his work at Newmont Corporation significantly increased reserves and resources in the Ahafo d istrict in Ghana,
and he has contributed extensively to other major gold camps in Peru, Nevada, Guinea, and Canada. In the past
10 years, Mr. Henrichsen, in the role of Chief Geological Officer, has been a part of management teams that have
built a portfolio of properties that form the basis of Fury Gold Mines Ltd., Torq Resources Inc., and Tier One Silver
Inc. Mr. Henrichsen holds a B.Sc. (Geology) from the University of Calgary, and an M.Sc. (Structural Geology)
from the University of British Columbia.
Colin Healey, CEO of PUR commented, “We are excited to welcome two highly experienced members to our
Board upon closing of the Arrangement with American Future Fuel and appreciate the overwhelming support of
shareholders. Both Jon Indall and Michael Henrichsen will provide unique and valuable insight to the PUR
management team, further strengthening our Board. We look forward to building on our core ‘Acquire, Explore,
Develop’ strategy in 2024 and beyond, working toward commencement of drill programs in bo th Wyoming
(Cyclone) and New Mexico (Cebolleta) in 2024. We look forward to providing additional details on these
programs in coming weeks.”
About Premier American Uranium
Premier American Uranium Inc. is focused on the consolidation, exploration, and development of uranium
projects in the United States. One of PUR’s key strengths is the extensive land holdings in two prominent
uranium-producing regions in the United States: the Great Divide Basin of Wyoming and the Uravan Mineral Belt
of Colorado. With a rich history of past production and historic uranium mineral resources, PUR has work
programs underway to advance its portfolio.
Backed by Sachem Cove Partners, IsoEnergy and additional institutional investors, and an unparalleled team with
U.S. uranium experience, PUR’s entry into the market comes at a well -timed opportunity, as uranium
fundamentals are currently the strongest they have been in a decade.
For More Information, Please Contact:
Premier American Uranium Inc.
Colin Healey
CEO
Toll-Free: 1-833-572-2333
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 release.
Cautionary Statement Regarding “Forward-Looking” Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities
legislation. “Forward-looking information” includes, but is not limited to, statements with respect to activities,
events or developments that PUR expects or anticipates will or may occur in the future including, but not limited
to, the timing for completion of the Arrangement and plans for the commencement of drill programs in both
Wyoming (Cyclone) and New Mexico (Cebolleta), including the timing thereof. Generally, but not always, forward-
looking information and statements can be identified by the use of words such as “plans”, “expect”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative
connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such
forward-looking information and statements are based on numerous assumptions, including assumptions
regarding including the ability of the parties to satisfy or waive, in a timely manner, the other customary
conditions to the closing of the Arrangement, that planned exploration activities will be completed as and when
currently contemplated , the anticipated cost of planned exploration activities, that general business and
economic conditions will not change in a material adverse manner, including the price of uranium, that financing
will be available if and when needed and on reasonable term s, 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 a nd 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 of PUR 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 events or results in future periods to differ materially from any projections of
future events or results expressed or implied by such forward -looking information or statements, including,
among others: the failure to satisfy the final conditions in connection with the Arrangemen t and failure to
complete the Arrangement, negative operating cash flow and dependence on th ird party financing, uncertainty
of additional financing, no known mineral reserves, the influence of a large shareholder, alternative sources of
energy and uranium prices, aboriginal title and consultation issues, reliance on key management and other
personnel, actual results of exploration activities being different than anticipated, changes in exploration
programs based upon results, availability of third party contractors, availability of equipment and supplies, failure
of equipment to operate as antici pated; accidents, effects of weather and other natural phenomena and other
risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations,
community relations and delays in obtaining governmental or other appro vals and the risk factors with respect
to the Company set out in the Company’s filings with the Canadian securities regulators and available under the
Company’s profile on SEDAR+ at www.sedarplus.ca.
Although PUR has attempted to identify important factors that could cause actual 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 antic ipated, 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, read ers 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.