On November 27, 2023, Premier American Uranium Inc. completed the acquisition of all of the outstanding shares of Premier Uranium Inc., a privately held U.S. uranium focused project acquisition vehicle which owns a 100% interest in the Cyclone project in the Great Divide Basin of Wyoming and various mining claims in the Uravan Mineral Belt of Colorado. As consideration for the Premier Uranium shares, Premier American Uranium issued 12,000 compressed shares (the voting and economic equivalent of 12,000,000 common shares) to the former shareholders of Premier Uranium.
Cassels acted for Premier American Uranium.