Premier American Uranium Inc. ("PUR") and American Future Fuel Corporation announced that they have entered into an arm?s length definitive agreement (the ?Arrangement Agreement?) on March 19, 2024, pursuant to which Premier American Uranium will acquire all of the issued and outstanding common shares of American Future Fuel (the ?AMPS Shares?) by way of a court-approved plan of arrangement (the ?Arrangement? or the ?Acquisition?). PUR is also announced the appointment of Colin Healey as Chief Executive Officer, effective immediately.

Colin holds a Masters Degree in Business Administration and is a Mechanical Engineering Technician with over 20 years experience, the majority of which was spent as a mining research analyst at a recognized Canadian broker dealer covering uranium and other commodities. Tim Rotolo is now Chairman of the Board of Directors (the ?PUR Board?).