Consolidated Uranium Proposed Spin-Out Labrador Uranium Expands Land Holding and Team

TORONTO, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF), is pleased to provide an update regarding recent developments of its planned spin-out of Labrador Uranium Inc. (“Labrador Uranium” or “LUR”) through a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). LUR has expanded its land holdings in Labrador around its anticipated key projects as well as bolstered its technical team with several key appointments in preparation for an aggressive summer 2022 work program.

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