Consolidated Uranium Inc. - CURUF STOCK NEWS

Consolidated Uranium Inc. (OTCQX: CURUF) announced its graduation to the OTCQX Best Market from the OTCQB Venture Market, enhancing its visibility among U.S. investors. The move signifies a commitment to transparency and credibility, according to Chairman and CEO Philip Williams. The OTCQX is the highest tier of the OTC Markets, requiring companies to meet stringent financial and governance standards. This transition is expected to increase liquidity, expand the investor base, and unlock new business opportunities. Consolidated Uranium focuses on developing uranium projects in the U.S., Canada, Australia, and Argentina, with established assets in Utah and Colorado positioned for potential rapid restart. Trading continues on the TSX Venture Exchange under the symbol 'CUR.'

On February 15, 2022, Consolidated Uranium (CURUF) announced that shareholders approved the spin-out of Labrador Uranium Inc. (LUR), allowing CUR shareholders to receive 16 million LUR shares based on ownership as of February 22, 2022. The spin-out focuses on uranium project consolidation, particularly the Moran Lake Project in Labrador, Canada. This initiative aims to enhance CUR's position in the uranium market, which has been favorable recently, with uranium prices reaching a six-year high.

Consolidated Uranium (TSXV: CUR, OTCQB: CURUF) addressed promotional activities concerning its common shares, reported by OTC Markets on January 3, 2022. Third-party firms, including The Wolf of Penny Stocks, distributed newsletters with factual information approved by the company. The company disputes any link between these promotions and increased trading volume, attributing the rise to a recent news release. Furthermore, the company disclosed it may have issued shares at a discount as per TSX policies. CUR continues to capitalize on the uranium market with diversified projects globally.

Consolidated Uranium Inc. (CURUF) made headlines in December 2021 with significant developments aimed at strengthening its position in the uranium sector. The company appointed Marty Tunney as President and COO, leveraging his extensive experience in mining. Additionally, CURUF acquired the Laguna Salada Uranium and Vanadium Project in Argentina, enhancing its project portfolio. This acquisition involved the seller taking a large block of shares, aligning their interests with CURUF's future. These moves indicate a robust strategy for growth in a thriving uranium market.

Consolidated Uranium (CURUF) is strategically consolidating its position in the uranium market by acquiring undervalued projects globally. Recently, the company entered definitive agreements with Energy Fuels to acquire U.S.-based uranium projects, enhancing its already strong portfolio which includes assets in Australia, Canada, and Argentina. This move comes amid rising uranium prices, positioning CUR for potential growth in production. The Wall Street Journal highlighted optimism for uranium's future, suggesting CUR is well-placed for expanding its influence in the sector.