Consolidated Uranium Shareholders Overwhelmingly Approve the Spin-Out of Labrador Uranium

TORONTO, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that its shareholders (the “CUR Shareholders”) have approved the previously announced proposed spin-out of Labrador Uranium Inc. (“Labrador Uranium” or “LUR”) through a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). LUR is currently a majority-controlled subsidiary of CUR focused on the consolidation, exploration and development of uranium projects in Labrador.

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