17:50:02 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



Myriad Uranium Corp
Symbol M
Shares Issued 34,286,503
Close 2024-02-12 C$ 0.355
Market Cap C$ 12,171,709
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Myriad Uranium hires Departures for IR marketing

2024-02-13 16:10 ET - News Release

Mr. Thomas Lamb reports

MYRIAD ENGAGES DEPARTURES CAPITAL TO CONDUCT DIGITAL MARKETING PROGRAM

Myriad Uranium Corp. will conduct an investor relations marketing program, focusing on electronic communications and advertising.

The campaign will be conducted over three months at a cost to Myriad Uranium of $30,500 (U.S.) (approximately $41,000 (Canadian)) by Departures Capital Inc. pursuant to a service contract dated as of Feb. 13, 2024. DC is arm's length to Myriad Uranium, and, to the knowledge of Myriad Uranium, DC, nor its principals have any present equity interest in the company's securities, directly or indirectly, or any right to acquire any equity interest.

Myriad Uranium's chief executive officer, Thomas Lamb, commented: "We anticipate a number of important developments near term, and we want to ensure that our shareholders and potential investors continue to be informed about the company's operations and future plans. Departures' high-quality team will help us achieve this objective, and we are very happy to be partnering with their organization."

About Myriad Uranium Corp.

Myriad Uranium is a uranium exploration company with an earnable 75-per-cent interest in the Copper Mountain uranium project in Wyoming, United States. Copper Mountain hosts several known uranium deposits and historic uranium mines, including the Arrowhead mine, which produced 500,000 pounds of equivalent triuranium octoxide. Copper Mountain saw extensive drilling and development by Union Pacific, which developed a mine plan and built a leach pad for one of the deposits at Copper Mountain. Operations ceased in 1980 before mining could commence due to falling uranium prices. Approximately 2,000 boreholes have been drilled at Copper Mountain, and the project area has significant exploration upside. Union Pacific is estimated to have spent $117-million (Canadian) (2023 dollars) exploring and developing Copper Mountain, generating significant historical resource estimates.

Myriad Uranium also holds an 80-per-cent ownership of over 1,800 square kilometres of uranium exploration licences in the Tim Mersoi basin, Niger, with the option to earn up to 100 per cent. These licences are surrounded by many of the most significant uranium deposits in Africa, including Orano's 384-million-pound eU3O8 Imouraren, Global Atomic's 236-million-pound Dasa and GoviEX's 100-million-pound Madaouela, and on the same fault structures. Myriad Uranium also has a 50-per-cent interest in the Millen Mountain property in Nova Scotia, Canada, with the other 50 per cent held by Probe Metals Inc.

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