OTC Markets Group Welcomes Consolidated Uranium Inc. to OTCQX

OTC Markets Group Welcomes Consolidated Uranium Inc. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Consolidated Uranium Inc. (TSX-V: CUR; OTCQX: CURUF), a uranium exploration and mining company, has qualified to trade on the OTCQX ® Best Market. Consolidated Uranium Inc. upgraded to OTCQX from the OTCQB ® Venture Market.

Consolidated Uranium Inc. begins trading today on OTCQX under the symbol "CURUF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Nauth LPC acted as the company's OTCQX sponsor.

About Consolidated Uranium Inc.
Consolidated Uranium is a uranium exploration and mining company.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX ® Best Market, OTCQB ® Venture Market and Pink ® Open Market.

Our OTC Link ® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com .

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


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Consolidated Uranium to Acquire the Past Producing Huemul Uranium-Vanadium-Copper Project in Argentina

Consolidated Uranium to Acquire the Past Producing Huemul Uranium-Vanadium-Copper Project in Argentina

Consolidated Uranium Inc. ("CUR", the "Company", "Consolidated Uranium") (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that it has entered into two purchase agreements to acquire 100% of the Huemul-Agua Botada Uranium-Vanadium-Copper Mine (" Huemul ") and surrounding prospective ground totalling ~27,350 hectares located in the Malargüe department of southern Mendoza province, Argentina (Figure 1) (collectively referred to as the "Huemul Project" ). Huemul was Argentina´s first producing Uranium mine and operated between 1955 and 1975, recording approximately 500,000 pounds of historical U 3 O 8 production before it closed in 1976. 1

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Consolidated Uranium Inc. ("CUR", the "Company" or "Consolidated Uranium") (TSXV: CUR) (OTCQX: CURUF) is pleased to announce the creation and planned spin-out (the " Spin-Out ") of Premier American Uranium Inc. (" PUR "), currently a majority-controlled subsidiary of CUR focused on the acquisition, exploration, and development of uranium projects in Wyoming and Colorado. (Figure 1).

On May 24, 2023, the Company entered into an arrangement agreement with PUR (the " Arrangement Agreement "), pursuant to which among other things the Company has agreed to transfer ownership of certain indirect wholly-owned subsidiaries which hold eight U.S. Department of Energy (" DOE ") leases and certain patented claims located in Colorado (the " CUR Assets ") to PUR in exchange for 7,753,752 Class A common shares of PUR (" PUR Shares "), a portion of which will be distributed to the Company's shareholders on a pro rata basis (the " Arrangement "). PUR intends to apply to list the PUR Shares (the " TSXV Listing ") on the TSX Venture Exchange (the " TSXV "). The TSXV Listing will be subject to PUR fulfilling all of the requirements of the TSXV.

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Philip Williams, Chairman and CEO commented, "Graduating to the OTCQX marks a significant milestone for Consolidated Uranium, and our commitment to transparency, credibility, and growth. As we advance our global portfolio, and particularly our U.S. assets, we look forward to leveraging this platform to expand our investor base, increase liquidity, and unlock new opportunities for our business."

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The Property is comprised of 93 mineral claims within two claim blocks recently staked by the Company for a total area of approximately 2,104.5 hectares. The Property surrounds the past-producing Lake George Antimony Mine ("Lake George Mine") and is considered an exploration-stage Antimony-Gold (Sb-Au) prospect located immediately along strike to the southwest and northeast, as well as downdip to the north of the historical Lake George Mine. The Property benefits from excellent road access, hydroelectric power, and nearby available personnel for field and exploration activities.

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Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to provide radioactivity drilling results from the ACKIO uranium prospect ("ACKIO") in the Athabasca Basin area of northern Saskatchewan (Figure 1, Table 1).

"ACKIO continues to demonstrate significant growth, with broad intersections of anomalous radioactivity, including zones of high radioactivity across multiple Pods. Overall, this has been a successful drill program, expanding the footprint of known near-surface mineralization around Pods 1 and 7, intersecting new zones of higher radioactivity in Pods 6 and 7, and improving our confidence in the continuity of mineralization at ACKIO as a whole," commented James Sykes, CEO, President, and Director of Baselode.

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The Harriman Property is an exploration stage antimony project located approximately 17 km northeast of the town of New Richmond in the Gaspé Region of Québec (Figures 1, 2). The Gaspé Region is known for a variety of significant mineral deposits, most notably the Mine Gaspé Copper Mine, currently being developed by Osisko Metals. The Harriman Property benefits from good road access, hydroelectric power, port access, and nearby available manpower.

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