Premier American Uranium

What Premier American Uranium does

Premier American Uranium Inc. (TSXV: PUR; OTCQB: PAUIF) is a Toronto-headquartered, Canadian-domiciled junior mining company focused exclusively on the exploration and development of uranium projects in the United States. The company was created in November 2023 as a spin-out of Consolidated Uranium Inc.'s US uranium assets and began trading on the TSXV on December 1, 2023. It controls 100,000+ acres of mineral rights across five historically productive US uranium districts: the Powder River Basin and Great Divide Basin in Wyoming, the Grants Mineral Belt in New Mexico, the Uravan Mineral Belt in Colorado, the Libson Valley in Utah, and projects in Arizona. The portfolio comprises eleven named projects, with the Wyoming ISR-amenable projects (Kaycee, Cyclone, Bootheel, TenSleep, Bobcat) representing the largest exploration footprint and the New Mexico Cebolleta project the most advanced asset at preliminary economic assessment stage.

The company's core technology is In-Situ Recovery (ISR) uranium extraction, augmented by conventional exploration drilling and (at Cebolleta) heap-leach processing. ISR is recognized for lower surface impact and capital efficiency relative to conventional open-pit or underground mining, and Wyoming's status as an NRC Agreement State enables a streamlined 'one-window' permitting process for these projects. The flagship Cebolleta PEA outlines a 13-year mine life producing 1.4 million pounds of U3O8 per year (peak 2.0 Mlb), with an after-tax NPV(8%) of US$83.9M at a US$90/lb U3O8 price assumption and total initial capex of US$112.7M; project economics are highly leveraged to uranium price (NPV rises to US$325M at $125/lb and US$488M at $150/lb). PUR has consolidated its position through two acquisitions, American Future Fuel in June 2024 and Nuclear Fuels in September 2025, and has executed over 400,000 ft of drilling at Kaycee since 2023.

PUR is pre-revenue. Its go-to-market is enterprise-focused, targeting US nuclear utilities that currently source over 95% of uranium from foreign producers. The planned revenue mechanism is sale of uranium concentrate (U3O8) to utilities under long-term contracts once projects advance to production. To date, the company has funded exploration and acquisitions through equity: a C$10.35M pre-spin private placement (2023), a C$5.77M placement tied to the American Future Fuel acquisition (2024), and a C$15M upsized bought deal (closed February 2026) led by Red Cloud Securities, alongside follow-on participation by strategic shareholder IsoEnergy Ltd. (over 13% of securities). Strategic backers include Sachem Cove Partners, IsoEnergy, Mega Uranium, and enCore Energy, with CEO Colin Healey (ex-Haywood Securities uranium analyst), Chairman Tim Rotolo (Sachem Cove co-founder), and strategic advisor Philip Williams (CEO of IsoEnergy) anchoring the leadership team.

Name

Premier American Uranium

Legal name

Premier American Uranium Inc.

Website

https://premierur.com

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Premier American Uranium is a Toronto-headquartered, pre-revenue junior miner exploring and developing uranium projects across 100,000+ acres in five US districts (Wyoming, New Mexico, Colorado, Utah, Arizona), targeting US nuclear utilities via ISR and conventional extraction methods, with its flagship Cebolleta PEA-stage asset in New Mexico.

Ownership category

akta.pro rank

Product category

Uranium Mining and Exploration

NAICS

Support Activities for Mining (2131), Nonmetallic Mineral Mining and Quarrying (2123)

SIC

Metal Mining (1000)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

akta.pro secondary industries

Uranium Mining & Milling (Yellowcake/U3O8 Production) (EUAKACAB), Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication) (EUACADAK)

Keywords

• Uranium exploration
• Uranium development
• ISR mining
• Domestic nuclear fuel
• Uranium project portfolio

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Uranium Production and Sales: Pre-revenue uranium exploration and development company. Once projects advance to production, revenue will come from uranium concentrate (U3O8) sales to nuclear utilities. The company is currently in exploration phase with no current revenue from uranium production.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Premier American Uranium is a pure-play US-focused uranium exploration and development company advancing a portfolio of more than 11 projects across five premier US uranium districts in Wyoming, New Mexico, Colorado, Utah, and Arizona. The company employs In-Situ Recovery (ISR) and conventional exploration methods to define and develop sandstone-hosted and unconformity-style uranium resources, with the flagship Cebolleta Project in New Mexico having a completed Preliminary Economic Assessment. Once in production, the company intends to sell uranium concentrate (U3O8) directly to nuclear power utilities.

Product overview

Premier American Uranium is a uranium exploration and development company offering a portfolio of uranium projects across five major U.S. uranium districts. The company's core offerings include eleven projects spanning Wyoming (Kaycee, Cyclone, Bootheel, TenSleep, Bobcat), New Mexico (Cebolleta), Colorado (Monogram Mesa, Atkinson Mesa, Outlaw Mesa and Slick Rock), Utah (Libson Valley), and Arizona (Moonshine). These projects employ In-Situ Recovery (ISR) and conventional mining methods for uranium extraction, with the flagship Cebolleta Project advancing toward development with heap-leach processing technology. The company's projects range from early-stage exploration to advanced development with completed preliminary economic assessments.

Differentiator

Problem solved

Functional benefit

Products and services

• Kaycee ISR Uranium Project In-Situ Recovery uranium project in Wyoming's Powder River Basin covering 29,841 acres, with over 110 miles of identified roll fronts across Wasatch, Fort Union, and Lance formations. Largest grass-roots ISR exploration program in the United States with approximately 400,000 feet of drilling completed since 2023.
• Cyclone Project ISR uranium project in Wyoming's Great Divide Basin spanning approximately 26,180 acres, featuring roll-front deposits in the Battle Spring Formation with a 2025 drilling program identifying a new 1.5-mile mineralized corridor.
• Bootheel Project ISR uranium project in southeastern Wyoming with roll-front mineralized zones in three distinct stacked sandstone formations (Sundance, Wind River), containing historic indicated resources of 1,089,000 lbs and inferred resources of 3,249,000 lbs U3O8.
• TenSleep Project Unconformity-style uranium project in Wyoming's Johnson County covering approximately 3,000 acres, displaying geological characteristics similar to high-grade deposits in Saskatchewan's Athabasca Basin, with exploration targeting deeper unconformity-style zones.
• Bobcat Project Uranium project in Wyoming's Shirley Basin covering over 1,600 acres of mineral rights, hosting a historic resource of 474,309 pounds of uranium in roll-front deposits amenable to ISR extraction.
• Cebolleta Project Advanced uranium exploration project in New Mexico's Grants Mineral Belt covering 6,717 acres of mineral rights. Holds 20.3 million pounds eU3O8 indicated and 7.0 million pounds inferred resources, with a completed preliminary economic assessment outlining 1.4 million pounds annual production over a 13-year mine life using heap-leach processing.
• Monogram Mesa Past-producing uranium-vanadium project in Colorado's Uravan Mineral Belt covering approximately 7,431 acres with 361 mining claims, with historical production of 4,992,179 lbs U3O8 and 20,001,113 lbs V2O5.
• Atkinson Mesa Uranium-vanadium project in Colorado covering 5,863 acres including 128 unpatented lode mining claims and 4 DOE leases, featuring the King Solomon mine complex, one of the most significant uranium producers in the Uravan Mineral Belt.
• Outlaw Mesa and Slick Rock Two uranium-vanadium projects at opposite ends of Colorado's Uravan Mineral Belt. Outlaw Mesa covers 5,759 acres with 2 DOE leases; Slick Rock covers 1,226 acres with 2 DOE leases, including historic Spud Patch mines.
• Libson Valley Uranium-vanadium project in Utah's Libson Valley Uranium District spanning 2,211 acres (107 claims) with sandstone-hosted deposits in the Moss Back Member of the Chinle Formation and historic production from adjacent Lisbon Mine.
• Moonshine Project Uranium project in Arizona's Mohave County covering approximately 1,000 acres with sandstone-hosted mineralization in the Triassic Chinle Formation. Historical exploration by Exxon Corp. and Pathfinder reported resources of 3.67 million lbs U3O8.

Quantifiable outcome

• After-tax NPV (8%) increases from US$84M to US$159M with 90% metallurgical recovery (vs 80% base case), representing ~90% value increase
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• enCore Energy: US-focused ISR uranium producer operating in Wyoming and Texas. Closely comparable business model and geography to PUR, and a strategic investor/backer of PUR — making it both a peer and a capital-relationship partner.
• Uranium Energy Corp: Largest US-focused ISR uranium producer with operations across Wyoming, Texas, New Mexico, and Arizona. Directly comparable in extraction technology (ISR), geographic focus, and target customer base (US utilities seeking domestic supply).
• Peninsula Energy: ISR-focused uranium producer and developer with flagship operations in Wyoming and South Africa. Directly comparable on ISR extraction methodology, Wyoming asset geography, and pre-production-to-production development stage.
• Western Uranium & Vanadium: US uranium and vanadium producer and developer with projects in Colorado and Utah (Uravan Mineral Belt). Directly comparable to PUR's Colorado uranium-vanadium projects (Monogram Mesa, Atkinson Mesa, Outlaw Mesa).

Broad incumbents

• Energy Fuels: Largest US producer of uranium and vanadium with conventional and ISR operations across multiple states including Wyoming and Colorado/Utah. Overlaps with PUR's Uravan Mineral Belt (Colorado) and Powder River Basin (Wyoming) positions, but at much larger scale.
• Cameco Corporation: World's largest publicly traded uranium producer with diversified mining, conversion, and fuel fabrication operations. A broad incumbent that PUR's customers (utilities) ultimately source from — relevant for offtake dynamics and uranium price benchmarks.

Emerging players

• IsoEnergy Ltd. Canadian uranium exploration and development company focused on Athabasca Basin. A strategic investor in PUR (>13% stake) and a direct peer within the uranium consolidation ecosystem — overlapping on uranium strategy, capital markets positioning, and management overlap (Philip Williams serves both companies).
• Denison Mines: Canadian uranium exploration and development company focused on Athabasca Basin (ISR-amenable Wheeler River project). Comparable as a pre-production uranium developer, though focused on Canadian rather than US assets.
• NexGen Energy: Canadian uranium developer advancing the Rook I/Arrow project in Saskatchewan. Comparable as a pre-revenue uranium developer with substantial resource base, though targeting high-grade Athabasca deposits rather than US ISR sandstone.

Others

• Consolidated Uranium Inc. Former parent of Premier American Uranium (spun out in 2023). Remains a related entity in the uranium consolidation space; serves as a thematic comparable and ecosystem participant rather than a direct operational competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/premier-american-uranium
• Xx.com/PremierAUranium

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Premier American Uranium