First American Uranium Inc. announces that, it will enter into a debt settlement agreement for the issuance of 2,000,000 common shares in the capital of the Company at a deemed price of $0.205 per Share to creditors for settlement of debts owing to the Creditor in an aggregate amount of $410,000 for consulting, legal and administrative services provided to the Company by the Creditors , which includes $73,500 to a [...]
Toronto, Ontario-- - First American Uranium Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every two pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 6,123,590 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close [...]
First American Uranium Inc. announces, further to its news release of July 21, 2025 and effective August 6, 2025, the Company will consolidate the common shares in the capital of the Company on the basis of one post-consolidated Share for each two pre-consolidated Shares . The Company's name and stock symbol will remain unchanged following the Consolidation. The new CUSIP number will be 31858L309 and the new ISIN number [...]
First American Uranium Inc. announces that the Company intends to consolidate the common shares in the capital of the Company on the basis of one post-consolidated Share for each two pre-consolidated Shares . The Company currently has 12,247,181 Shares issued and outstanding on a pre-consolidation basis. If the proposed Consolidation is undertaken, then the Company will have approximately 6,123,590 Shares, subject to [...]
First American Uranium has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every three pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 11,447,184 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on April 3 [...]
First American Uranium Inc.[/wp] will meet with representatives of the US Forest Service on Wednesday, January 31, 2024, for a kickoff introduction meeting regarding the Company's drilling exploration program at its Red Basin Uranium and Vanadium project in Catron County, New Mexico, USA. The Company will be represented at the Meeting by Frank Bain, P.Geo., First American Uranium's Field Representative. "This meeting with the [...]
First American Uranium announces that Michael England has resigned as a director of the Company to pursue other opportunities. The Company would like to thank Mr. England for his contributions to the Company. The Company is pleased to also announce that Eugene D. Spiering has been appointed a director of the Company to fill the vacancy. Mr. Spiering is an exploration geologist with over 35 years of international [...]
60 new claims staked & continuing to stake more Project is ~250 miles south of America's only operating uranium mill Presence of uranium/vanadium deposits indicate potential to become advanced stage project Vancouver, British Columbia, Nov. 06, 2023 -- First American Uranium Inc. announces it has, through its land agent, staked 60 additional claims and continues to stake more at its Red Basin Uranium and Vanadium project [...]
Uranium prices have increased by over 20% in the last 12 months Dozens of governments formerly opposed to nuclear energy are now embracing it The Financial Times states we are in a "global renaissance of nuclear power" Vancouver, British Columbia, Sept. 27, 2023 -- First American Uranium Inc. is pleased to provide an update on major drivers behind the ongoing rise in uranium prices, which have increased by over 20% in the [...]
Red Basin Project is ~250 miles north of America's only operating uranium mill Drill target areas coincide with 1000+ historic holes drilled by Gulf Oil Corporation Presence of uranium/vanadium deposits indicate potential to become advanced stage project Vancouver, British Columbia, Sept. 13, 2023 -- First American Uranium Inc. is pleased to provide redrafted project maps and updates to the Company's exploration plan for [...]
New Mexico ranks second in US-based uranium reserves The Grants district produced more uranium for 30+ years than any other US district First American Uranium's Red Basin Uranium/Vanadium Property is located in the Grants district Vancouver, British Columbia, Sept. 07, 2023 -- First American Uranium Inc. is pleased to provide information on past exploration and production of uranium in New Mexico, specifically in the [...]
First American Uranium Inc. has received the final draft of its NI 43-101 Report for the Company's Red Basin Uranium/Vanadium Property, an early-stage exploration project located in Catron County, New Mexico, USA. The project, which consists of 26 optioned lode claims totaling ~537 acres , is ~250 miles north of the only operating uranium mill in America. The project's region produced 1,194 pounds of U3O8 in the 1950s [...]