This section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article content
TORONTO, Sept. 15, 2026 (GLOBE NEWSWIRE) — Premier American Uranium Inc.
(“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce that it has entered into an asset purchase agreement (the “Agreement”) dated September 14, 2026, with DISA Uranium™ Corporation (“DISA Uranium”), pursuant to which the Company has agreed to sell to DISA Uranium all of its rights, title and interest in and to the Outlaw Mesa, Atkinson Mesa, Monogram Mesa and Slick Rock Projects located in Colorado (the “Colorado Package”) for aggregate consideration of approximately US$2,000,000, consisting of 25,413 shares of DISA Uranium (“DISA Uranium Shares”) and warrants to acquire an equivalent number of DISA Uranium Shares (the “Transaction”). Concurrently, DISA Uranium will make a strategic equity investment in subscription receipts of PUR (“Subscription Receipts”) at a price of C$0.75 per Subscription Receipt (the “Offering Price”), for aggregate proceeds of US$5,000,000, expected to result in an approximately 8.7% ownership interest in PUR (the “Equity Investment”). This represents a 41.5% premium to the closing price of PUR shares on September 14, 2026.
Sign In or Create an Account
or View more offersArticle content
Story continues below
This advertisement has not loaded yet, but your article continues below.
Article content
DISA Uranium is a new, well-capitalized American uranium production platform pursuing a supply chain growth strategy across conventional uranium production, remediation and recovery, and future domestic processing. Concurrent with its recently completed transaction with IsoEnergy Ltd. (“IsoEnergy”), DISA Uranium closed a US$105 million private placement financing backed by leading mining, energy and technology investors, including Tembo Capital, BHP Ventures, Galvanize Climate Solutions, Valor Equity Partners, Evok Innovations, Halliburton Labs and Veriten. Its portfolio includes the permitted, past-producing Tony M, Daneros and Rim mines and the Sage Plain and Flatiron projects in Utah, complemented by its proprietary HPSA™ technology and NRC-licensed abandoned uranium mine remediation and recovery platform.
Article contentWe apologize, but this video has failed to load.Try refreshing your browser, or
tap here to see other videos from our team.Article contentArticle content
Highlights
Article content
- Unlocks Value While Retaining Upside: PUR will receive US$2,000,000 in DISA Uranium Shares, together with an equal number of warrants, monetizing its non-core Colorado assets while retaining exposure to their future development and gaining participation in the growth of DISA Uranium’s broader U.S. uranium platform.
- Strategic Investment in PUR at a Significant Premium: DISA Uranium will make a concurrent Equity Investment in PUR at C$0.75 per Subscription Receipt, reflecting a 41.5% premium to the last close of PUR shares, resulting in an approximately 8.7% ownership interest and providing additional capital to advance PUR’s core portfolio. Subject to maintaining a specified ownership threshold, DISA Uranium will receive customary participation rights and the right to nominate one director to PUR’s Board of Directors. Greyson Buckingham, CEO of DISA Uranium is expected to join PUR’s Board upon closing.
- Exposure to a Well-Capitalized U.S. Uranium Platform: Through PUR’s equity position in DISA Uranium, PUR shareholders will gain exposure to a well-capitalized U.S. uranium platform backed by US$105 million of financing and leading mining, energy and technology investors, with conventional uranium assets, proprietary recovery technology and an NRC-licensed remediation business.
- Strategic Relationship Could Unlock New Development Options for Cebolleta: Given the nature of Cebolleta’s sandstone-hosted uranium mineralization, PUR believes that the project could be well suited to benefit from DISA Uranium’s HPSA™ technology. The technology has the potential to increase grade by rejecting waste mass prior to downstream processing which could unlock operating and processing scenarios not previously considered for Cebolleta, including opportunities to simplify processing and reduce mine-site infrastructure. Together with DISA Uranium’s planned regional processing capacity, this could provide PUR with additional development pathways to evaluate as it continues to advance and optimize Cebolleta.
- Disciplined Portfolio Strategy: The Transaction further focuses PUR’s portfolio and capital allocation on advancing the Cebolleta, Kaycee and Cyclone projects, supporting the Company’s strategy to build value through the exploration, advancement and optimization of its core U.S. uranium assets.
Article content
Story continues below
This advertisement has not loaded yet, but your article continues below.
Article content
Colin Healey, CEO and Director of PUR commented, “This Transaction once again demonstrates our ability to execute on PUR’s strategy of disciplined capital allocation. By monetizing our non-core Colorado assets, we are unlocking value while retaining meaningful exposure to their future potential through our equity position in DISA Uranium. At the same time, DISA Uranium’s strategic investment in PUR at a premium provides additional capital to support our core portfolio and creates strong alignment between our companies.
Article content
We believe DISA Uranium is building a differentiated U.S. uranium platform, and we are pleased to participate in its future growth while maintaining our focus on advancing Cebolleta, Kaycee and Cyclone. The relationship also creates potential strategic opportunities for Cebolleta, including the evaluation of DISA Uranium’s HPSA™ technology and future regional processing capacity, which could provide additional development pathways as we continue to advance and optimize the project.”
Article content
Greyson Buckingham, CEO of DISA Uranium commented, “Our investment in PUR extends the relationship beyond the Colorado Portfolio and gives DISA Uranium a direct interest in PUR’s continued growth. Together, the investment and Board position create long-term alignment between the companies and a foundation to explore future opportunities across PUR’s broader U.S. portfolio, including where our technology and planned processing capabilities may add value. I look forward to joining PUR’s Board and contributing to its next stage of development.”