International Consolidated Uranium Announces Name Change and Continuance
July 26 2021 - 6:00AM
International Consolidated Uranium Inc. (“
CUR”,
the “
Company” or “
Consolidated
Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased
to announce that, effective July 23, 2021, the Company has changed
its corporate name to “Consolidated Uranium Inc.” and filed
articles of continuance to continue from the Province of British
Columbia into the Province of Ontario. The Company’s common shares
continue to trade on the TSX Venture Exchange under the trading
symbol “CUR”. Shareholders approved the name change and the
continuance at the Company’s annual and special meeting of
shareholders held on June 29, 2021.
The Company also announces that it has engaged
Emerging Markets Consulting, LLC (“EMC”) to
provide investor/public relations services. Based in Orlando,
Florida, with affiliates around the world, EMC is an international
investor relations firm that brings decades of combined experience
in the investor relations industry. EMC’s services are intended to
help small and mid-sized public companies establish brand awareness
and increase market share to its customer base while improving
visibility to the institutional and retail investment
community.
Under the terms of the agreement (the
“Agreement”), EMC has agreed to provide a
combination of content production and strategic digital media
services over a 12-month term for a total payment USD $250,000. To
the knowledge of the Company, neither EMC nor any of its principals
have an ownership interest, directly or indirectly, in Consolidated
Uranium or its securities, and the Company has not granted EMC or
its principals any right to acquire such interests. EMC is at arm’s
length to CUR and has no other relationship with CUR, except
pursuant to the Agreement. The Agreement is subject to the approval
of the TSX Venture Exchange.
About Consolidated Uranium
Inc.
Consolidated Uranium Inc. (TSXV: CUR) is well
financed to execute its strategy of consolidating and advancing
uranium projects around the globe. The Company has acquired or has
entered into option agreements to acquire a 100% interest in
uranium projects, in Australia, Canada, Argentina and the United
States each with significant past expenditures and attractive
characteristics for development.
Philip Williams
President and CEO+1 778 383
3057pwilliams@consolidateduranium.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 the approval of the
Agreement by the TSX Venture Exchange and other activities, events
or developments that the Company expects or anticipates will 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 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 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, and 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 the Company 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 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: negative operating cash flow
and dependence on third party financing, uncertainty of additional
financing, no known mineral reserves or resources, reliance on key
management and other personnel, potential downturns in economic
conditions, actual results of exploration activities being
different than anticipated, changes in exploration programs based
upon results, and risks generally associated with the mineral
exploration industry, environmental risks, changes in laws and
regulations, community relations and delays in obtaining
governmental or other approvals.
Although the Company 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 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.
The Company 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.
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