Myriad Uranium to Acquire Los Altares, a Strategic District-Scale Uranium Project in Argentina's Premier Cerro Solo Uranium District
Myriad Uranium has agreed to acquire the Los Altares Uranium Project — 55,013 hectares across 23 properties in Argentina's Cerro Solo uranium district — from Green Shift Commodities for $300,000 cash plus 1,571,268 shares at $0.4455. The package flanks CNEA's Cerro Solo deposit and UrAmerica's Meseta Central deposit, includes ~12,500 metres of historical drilling, and four fully granted mining concessions with approved EIAs. A 2% NSR applies, half repurchasable for $1 million.
Key figures
- Deal Value Usd
- $300,000 cash plus 1,571,268 shares at $0.4455
- Offering Price
- 0.4455
- Shares Offered
- 1571268
- Nsr royalty
- 2% NSR to Green Shift, half (1%) repurchasable for $1 million
- Closing deadline
- on or before November 13, 2026
- Land package hectares
- 55013
- Historical drilling metres
- 12500
AI analysis
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