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Nuclear Fuels shareholders back Premier American Uranium merger

14th August 2025

By: Creamer Media Reporter

     

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Shareholders of CSE-listed Nuclear Fuels have voted in favour of a planned merger with TSX-V-listed Premier American Uranium, the companies said on Wednesday.

The statutory plan of arrangement was approved by 95.08% of votes cast, as well as by a simple majority excluding certain shareholders as required under Canadian securities rules.

Under the deal, each Nuclear Fuels shareholder will receive 0.33 of a Premier American Uranium common share for each Nuclear Fuels share held.

Completion of the transaction is subject to approval by the Supreme Court of British Columbia, the TSX-V, and other customary conditions. A court hearing is scheduled for August 18, with closing targeted for around August 25.

“On behalf of the management team at Nuclear Fuels I am pleased our shareholders strongly supported this transaction with a 95% approval,” said Nuclear Fuels CEO Greg Huffman. “We stand by our belief that the combination of two strong companies will benefit our shareholders. I look forward to joining Premier American Uranium's board of directors and working with Colin Healey to continue pursuing our common goal of advancing new sources of Clean American Uranium.”

Edited by Creamer Media Reporter

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