Premier American Uranium Announces Management Change

TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier”) (TSXV: PUR) (OTCQB: PAUIF) announces that David Suda, President of the Company, has resigned from his presumption effectual December 1, 2024, to prosecute different opportunities.

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Colin Healey, CEO of PUR, commented, “On behalf of the Board of Directors and the full Company, I would similar to widen our sincere gratitude to David for his enactment and dedication during his clip with the Company. His contributions person been instrumental successful the businesslike modulation and integration of our New Mexico assets acquired successful June, and we privation him each the champion successful his aboriginal endeavours.”

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David Suda, President of Premier, commented, “It has been a privilege to enactment alongside specified an exceptional, dedicated team, backed by a committed and beardown radical of shareholders wrong the uranium sector. I americium arrogant of what we person achieved unneurotic successful establishing PUR arsenic a starring uranium company, poised for continued maturation successful the U.S. With its beardown instauration and strategical vision, I look guardant to pursuing Premier’s advancement successful the years to come.”

Premier remains focused connected expanding and advancing its portfolio of U.S.-focused uranium assets, peculiarly its Cebolleta Project successful New Mexico and Cyclone Project successful Wyoming, wherever it achieved important milestones successful 2024. The Company aims to physique connected its aboriginal occurrence successful 2025 and beyond, arsenic uranium assemblage fundamentals proceed to contiguous a generational opportunity. The Company is committed to maintaining its dedication to operational excellence and sustainability.

About Premier American Uranium Inc.
Premier American Uranium is focused connected the consolidation, exploration, and improvement of uranium projects successful the United States, aiming to fortify home vigor information and enactment the modulation to cleanable energy. One of PUR’s cardinal strengths is the extended onshore holdings successful 3 salient uranium-producing regions successful the United States: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado.

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With existent resources and defined assets exploration targets, PUR is actively advancing its portfolio done enactment programs. PUR benefits from beardown partnerships, with backing from Sachem Cove Partners, IsoEnergy Ltd., Mega Uranium Ltd., and different organization investors. The Company’s distinguished squad had extended acquisition successful uranium exploration, development, permitting, and operations, arsenic good arsenic uranium-focused mergers and acquisitions—positioning PUR arsenic a cardinal subordinate successful advancing the U.S. uranium sector.

For More Information, Please Contact:

Premier American Uranium Inc.
Colin Healey, CEO
info@premierur.com
Toll-Free: 1-833-223-4673
Twitter: @PremierAUranium
www.premierur.com

Neither TSX Venture Exchange nor its Regulations Services Provider (as that word is defined successful policies of the TSX Venture Exchange) accepts work for the adequacy oregon accuracy of this quality release.

Cautionary Statement Regarding Forward-Looking Information
This quality merchandise contains “forward-looking information” wrong the meaning of applicable Canadian securities laws. Forward-looking accusation includes, but is not constricted to, statements with respect to, the Company’s ongoing concern program and intended strategical focus; and different activities, events oregon developments that are expected, anticipated oregon whitethorn hap successful the future. Generally, but not always, forward-looking accusation and statements tin beryllium identified by the usage of words specified arsenic “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, oregon “believes” oregon the antagonistic connotation thereof oregon variations of specified words and phrases oregon statements that definite actions, events oregon results “may”, “could”, “would”, “might” oregon “will beryllium taken”, “occur” oregon “be achieved” oregon the antagonistic connotation thereof.

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Forward-looking accusation and statements are based connected our existent expectations, beliefs, assumptions, estimates and forecasts astir PUR’s concern and the manufacture and markets successful which it operates. Such forward-information and statements are based connected galore assumptions, including among others, that the results of planned exploration activities are arsenic anticipated, the terms of uranium, the anticipated outgo of planned exploration activities, the completion, timing and results of planned exploration activities being accordant with expectations, the anticipated mineralization being accordant with expectations, that wide concern and economical conditions volition not alteration successful a worldly adverse manner, that financing volition beryllium disposable if and erstwhile needed and connected tenable terms, that 3rd enactment contractors, instrumentality and supplies and governmental and different approvals required to behaviour the Company’s planned exploration activities volition beryllium disposable connected tenable presumption and successful a timely manner. Although the assumptions made by PUR successful providing forward-looking accusation oregon making forward-looking statements are considered tenable by absorption astatine the time, determination tin beryllium nary assurance that specified assumptions volition beryllium to beryllium accurate.

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Forward-looking accusation and statements besides impact known and chartless risks and uncertainties and different factors, which whitethorn origin existent results, performances and achievements of Premier American Uranium to disagree materially from immoderate projections of results, performances and achievements of Premier American Uranium expressed oregon implied by specified forward-looking accusation oregon statements, including, among others: constricted operating history, antagonistic operating currency travel and dependence connected 3rd enactment financing, uncertainty of further financing, delays oregon nonaccomplishment to get required permits and regulatory approvals, changes successful mineral resources, nary known mineral reserves, aboriginal rubric and consultation issues, reliance connected cardinal absorption and different personnel; imaginable downturns successful economical conditions; availability of 3rd enactment contractors; availability of instrumentality and supplies; nonaccomplishment of instrumentality to run arsenic anticipated; accidents, effects of upwind and different earthy phenomena and different risks associated with the mineral exploration industry; changes successful laws and regulation, competition, and uninsurable risks and the hazard factors with respect to Premier American Uranium acceptable retired successful PUR’s yearly accusation signifier for the twelvemonth ended December 31, 2023 and the different documents of PUR filed with the Canadian securities regulators and disposable nether PUR’s illustration connected SEDAR+ at www.sedarplus.ca.

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Although PUR has attempted to place important factors that could origin existent actions, events oregon results to disagree materially from those contained successful the forward-looking accusation oregon implied by forward-looking information, determination whitethorn beryllium different factors that origin results not to beryllium arsenic anticipated, estimated oregon intended. There tin beryllium nary assurance that forward-looking accusation and statements volition beryllium to beryllium accurate, arsenic existent results and aboriginal events could disagree materially from those anticipated, estimated oregon intended. Accordingly, readers should not spot undue reliance connected forward-looking statements oregon information. PUR undertakes nary work to update oregon reissue forward-looking accusation arsenic a effect of caller accusation oregon events but arsenic required by applicable securities laws.

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