Nuclear Fuels, Premier American deal gets final reg OK

Executive Summary

• The Supreme Court of British Columbia issued its final order approving Nuclear Fuels Inc.’s plan of arrangement with Premier American Uranium Inc. (PAU).
• Upon completion, PAU will acquire 100 % of Nuclear Fuels’ outstanding common shares; Nuclear Fuels will be delisted from the Canadian Securities Exchange and cease trading on the TSX Venture Exchange.
• Canaccord Genuity Corp. has been engaged as a financial adviser; Nuclear Fuels will issue 648,414 common shares to Canaccord at a deemed price of C$0.347 per share as compensation.

Key Details

• Final Court Order: Supreme Court of British Columbia approved the arrangement on Aug 18 2025.
• Closing Timeline: Subject to TSX Venture Exchange approval and customary closing conditions, parties target completion on or about Aug 25 2025.
• Transaction Structure: PAU will acquire all issued and outstanding common shares of Nuclear Fuels; post‑closing, PAU’s shares remain listed on the TSX Venture Exchange, while Nuclear Fuels’ shares are delisted from the Canadian Securities Exchange.
• Financial Adviser Compensation: 648,414 Nuclear Fuels common shares to be issued to Canaccord Genuity Corp., valued at C$0.347 per share (deemed price).
• Reference Documents: Prior news releases on June 5 2025, July 15 2025, and Aug 13 2025; Management Information Circular dated July 10 2025 filed on SEDAR+.

Notable Quotes

(No direct quotes were provided in the release.)