Premier American Uranium Completes C$5.77 Million Private Placement

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TORONTO, May 07, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) is pleased to announce that it has closed its previously announced private placement announced on April 11, 2024, pursuant to which the Company sold 2,353,981 subscription receipts of PUR (each, a “Subscription Receipt”) at a price of C$2.45 per Subscription Receipt (the “Offering Price”) for gross proceeds of C$5,767,253 (the “Offering”), which includes the exercise of the Agents’ upsize option. The Offering was conducted by a syndicate of underwriters, led by Red Cloud Securities Inc., as lead agent and sole bookrunner, and including PI Financial Corp. (collectively, the “Agents”).

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