Americas Uranium agrees to acquire 100% of New Mexico uranium property

  • Americas Uranium Corp. agreed to acquire Treeline from Verdera Energy Corp.
  • The deal includes $100,000 cash and $2 million in shares over 36 months, plus royalties.
  • Treeline contains about 1.02 million pounds of historical U3O8 mineralization.

Americas Uranium Corp. has agreed to acquire a 100% interest in the Treeline Uranium Project in New Mexico from Verdera Energy Corp. The consideration includes $100,000 in cash and $2 million in shares payable over 36 months, plus royalties. The project contains historical uranium mineralization estimated at about 1.02 million pounds of U3O8, a uranium oxide compound. The company said the acquisition supports its strategy.

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