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    CUR   CA21024C1014

CONSOLIDATED URANIUM INC.

(CUR)
  Report
Delayed Bourse de Toronto  -  05/20 03:59:31 pm EDT
1.780 CAD   +3.49%
05/02Consolidated Uranium Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
04/21Consolidated Uranium Closes Acquisition of the Milo Project, is Granted Gidyea Creek Project Tenements in Queensland, Aust
MT
04/21Consolidated Uranium Closes Acquisition of the Milo Uranium-Copper-Gold-REE and is Granted Gidyea Creek Project Tenements in Queensland, Australia
AQ
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Consolidated Uranium Closes Acquisition of the Laguna Salada Uranium and Vanadium Project in Argentina

12/21/2021 | 04:21pm EDT

Consolidated Uranium Inc. announced that it has closed the previously announced acquisition (the "Acquisition") of a 100% undivided interest in the Laguna Salada uranium and vanadium project ("Laguna Salada" or the "Property") located in Chubut Province, Argentina, pursuant to the option agreement (the "Option Agreement") dated December 14, 2020 between Company and U308 Corp. ("U308"). CUR completed the Acquisition for consideration of $1,500,000 that was satisfied by the issuance of 675,675 common shares of the Company ("Common Shares"), at a deemed price of $2.22 per share based on the five-day volume weighted average price of the Common Shares up to June 9, 2021, being the second business day prior to the option being exercised. In addition, pursuant to the Option Agreement, U308 is entitled to receive certain future payments contingent upon the attainment of certain milestones tied to the spot price of uranium, as described in the Company's press release dated December 14, 2020. The Common Shares issued in connection with the Acquisition are subject to a statutory hold period under Canadian securities legislation ending on April 22, 2022.


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All news about CONSOLIDATED URANIUM INC.
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Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 136 M 106 M 106 M
EV / Sales -1
EV / Sales 0
Nbr of Employees -
Free-Float 79,3%
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 1,78 CAD
Average target price 4,15 CAD
Spread / Average Target 133%
Managers and Directors
Philip Williams Chairman & Chief Executive Officer
Marty Tunney President & Chief Operating officer
Gregory F. Duras Chief Financial Officer
Anthony D. Milewski Director
John W. Jentz Lead Director
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