Upcoming/New CFIUS Filing: Premier American Uranium Inc. (Canada) and American Future Fuel Corporation (Canada)

Upcoming/New CFIUS Filing: Premier American Uranium Inc. (Canada) and American Future Fuel Corporation (Canada)
Wednesday, May 8, 2024

Status: Upcoming/New Filing

Acquirer: Premier American Uranium Inc. (Canada)

Acquired: American Future Fuel Corporation (Canada)

Value: $95 million

Industry Tags: Mining & Extraction; Nuclear; Materials; Energy

On March 19, 2024, Premier American Uranium Inc. (TSXV: PUR) and American Future Fuel Corporation (CSE: AMPS) entered into an agreement “pursuant to which Premier American Uranium will acquire all of the issued and outstanding common shares of American Future Fuel . . .” (Press Release, Premier American Uranium Bolsters Its Leadership in the Industry with the Acquisition of American Future Fuel and Welcomes Renowned Uranium Expert Colin Healey as CEO, American Future Fuel Corporation, Mar. 20, 2024, SEDAR filing.) “American Future Fuel owns a 100% lease-hold interest in the Cebolleta Uranium Project . . . located within the Grants Mineral Belt of New Mexico, United States, an area that is host to one of the largest concentrations of sandstone-hosted uranium in the world and is the fourth largest uranium district in the world.” (Id.) CFIUS Approval is a condition for closing the acquisition. (Management Information Circular, American Future Fuel Corporation, May 6, 2024, SEDAR filing.) 

© Copyright 2024 Squire Patton Boggs (US) LLP

Current Legal Analysis

Legal Disclaimer

You are responsible for reading, understanding and agreeing to the National Law Review's (NLR’s) and the National Law Forum LLC's  Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. If you require legal or professional advice, kindly contact an attorney or other suitable professional advisor.  

Some states have laws and ethical rules regarding solicitation and advertisement practices by attorneys and/or other professionals. The National Law Review is not a law firm nor is www.NatLawReview.com  intended to be  a referral service for attorneys and/or other professionals. The NLR does not wish, nor does it intend, to solicit the business of anyone or to refer anyone to an attorney or other professional.  NLR does not answer legal questions nor will we refer you to an attorney or other professional if you request such information from us. 

Under certain state laws the following statements may be required on this website and we have included them in order to be in full compliance with these rules. The choice of a lawyer or other professional is an important decision and should not be based solely upon advertisements. Attorney Advertising Notice: Prior results do not guarantee a similar outcome. Statement in compliance with Texas Rules of Professional Conduct. Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy of any notation of Legal Specialization or other Professional Credentials.

The National Law Review - National Law Forum LLC 2020 Green Bay Rd., Suite 178, Highland Park, IL 60035  Telephone  (708) 357-3317 or toll free (877) 357-3317.  If you would ike to contact us via email please click here.

Copyright ©2024 National Law Forum, LLC