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LATEST NEWS FROM First American Uranium

January 18, 2024
First American Uranium & US Forest Service (USFS) Kickoff Meeting Scheduled for Drilling Exploration Plan on New Mexico-Based Red Basin Uranium Project
Presence of uranium deposits indicate potential to become advanced stage project Exploration program expected to start in Spring / Summer 2024 Drilling to include 2 to 4 Reverse Circulation holes in 4 project areas Vancouver, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- First American... Read More
January 11, 2024
First American Uranium Announces Change of Directors and Grant of Options
Vancouver, British Columbia, Jan. 11, 2024 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) 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... Read More
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November 6, 2023
First American Uranium Stakes Additional Claims & Secures Controlling Position at Red Basin Uranium Project, Catron County, New Mexico
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... Read More
September 27, 2023
First American Uranium Provides Update on Drivers Behind Uranium Price Rising to 12-Year Highs & "Global Renaissance in Nuclear Power"
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 (GLOBE NEWSWIRE) -- First American... Read More
September 13, 2023
First American Uranium Provides Exploration Plan Update with 4 Drill Target Areas & Redrafted Maps for Red Basin Uranium/Vanadium Property
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... Read More
September 7, 2023
First American Uranium Reports on New Mexico's Past Uranium Mining and Potential at Red Basin Project
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 (GLOBE NEWSWIRE) --... Read More
August 30, 2023
First American Uranium Receives NI 43-101 Report with Exploration Recommendations for US-Based Red Basin Uranium/Vanadium Property
Vancouver, British Columbia, Aug. 30, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) has received the final draft of its NI 43-101 Report (the “Report”) for the Company’s Red Basin Uranium/Vanadium Property, an early-stage exploration... Read More
August 21, 2023
First American Uranium to Prepare NI 43-101 Compliant Technical Report for US-Based Red Basin Uranium/Vanadium Project
Vancouver, British Columbia, Aug. 21, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) has engaged consulting geologists Frank Bain and John E. Hiner, both P. Geos, to prepare a National Instrument (NI) 43-101 compliant technical report on... Read More
August 14, 2023
First American Uranium Makes Option Payment and Issues Shares Related to the 100% Acquisition of Uranium/Vanadium Mineral Claims in New Mexico
Vancouver, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) ( the “Company”) announces, further to its news releases of June 23, 2022, June 27, 2022, and July 18, 2023, that the Company has issued 100,000 Shares at a deemed price of $0.25 per Share and... Read More
August 8, 2023
First American Uranium Engages with Local, State and Federal Authorities at Red Basin Uranium Project Site at Catron County, New Mexico
Vancouver, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) is pleased to announce that it met with representatives of Cebola National Forest and National Grasslands, the State of New Mexico Bureau of Geology and... Read More
July 18, 2023
First American Uranium Announces Accelerated Amended and Restated Option Agreement Related to the Uranium/Vanadium mineral claims located in Catron County, New Mexico
Vancouver, British Columbia, July 18, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) ( the “Company”) announces, further to its news releases of June 23 and June 27, 2022, that FirstAmerican Energy Fuels Ltd. (“ FirstAmerican ”), of which the Company has acquired 60% of its... Read More
May 26, 2023
First American Uranium Announces Closing of Non-Brokered Private Placement of Units
Vancouver, British Columbia, May 26, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) ( the “Company”) announces, further to its news releases of May 4 and May 23, 2023, that the Company has closed the previously announced non-brokered private placement of units of the Company (the... Read More
May 4, 2023
First American Uranium Announces Non-Brokered Private Placement of Units
Vancouver, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) ( the “Company”) is pleased to announce that it will proceed with a non-brokered private placement of up to 2,800,000 units of the Company (the “ Units ”) at $0.15 per Unit for gross proceeds of... Read More
April 19, 2023
First American Uranium Announces DTC Eligibility for its Common Shares
Vancouver, British Columbia, April 19, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) ( OTCPK:FAUMF ) (the “Company”) is pleased to announce that its common shares ("Common Shares") are now eligible for book-entry and depository services through Depository Trust Company... Read More
March 15, 2023
First American Uranium’s Updated Investor Presentation Outlines Corporate Strategy, Strategic Domestic Project & Investment Highlights
Vancouver, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) ( OTCPK:FAUMF ) (the “Company”) is pleased to announce an updated Investor Presentation that covers the Company’s strategy for advancing its shareholder value as a North American... Read More
March 2, 2023
First American Uranium Provides Update on Uranium Market Fundamentals & US-Sector Opportunity
Vancouver, British Columbia, March 02, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (the “Company”) is pleased to provide an overview of the uranium market and the US-specific potential for growth in nuclear power and uranium exploration and mining. Nuclear energy... Read More
February 21, 2023
First American Uranium Announces Second Payment under the Option Agreement for Interest in the Silver Lake Property
Vancouver, British Columbia, Feb. 21, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) (FSE: I0R) ( the “Company”) is pleased to announce that the Company has made the second payment in cash and in shares (the “ Second Payment ”) pursuant to the Option Agreement dated November 27,... Read More
February 15, 2023
First American Uranium Appoints Shawn Balaghi as CEO
Vancouver, British Columbia, Feb. 15, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) ( the “Company”) is pleased to announce the appointment of Shawn Balaghi as Chief Executive Officer of the Company. Mike England has resigned as Chief Executive Officer of the Company, but will... Read More
February 10, 2023
First American Uranium Announces Closing of Non-Brokered Private Placement of Units
Vancouver, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM ) ( the “Company”) is pleased to announce, further to its news release of December 15, 2022, that the Company has closed the previously announced non-brokered private placement of units of the... Read More

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