Consolidated Uranium Closes Acquisition of the Milo Uranium-Copper-Gold-REE and is Granted Gidyea Creek Project Tenements in Queensland, Australia

TORONTO, April 21, 2022 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR” or the “Company”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that its has closed the previously announced acquisition (the “Acquisition”) of a 100% undivided interest in the Milo Uranium, Copper, Gold, Rare Earth Project (“Milo” or the “Project”) pursuant to the definitive sale and purchase agreement (the “Agreement”) dated November 10, 2021 between CUR and Isa Brightlands Pty Ltd (the “Vendor”), a wholly owned subsidiary of GBM Resources (“GBM”) (ASX: GBZ). The Project consists of Exploration Permit – Minerals (EPM) 14416, which includes 20 sub blocks or approximately 34 square kilometres located within The Mt Isa Inlier, approximately 40 kilometres west of Cloncurry in Northwestern Queensland, Australia.

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