Rush Rare Metals
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Myriad Uranium and Rush Rare Metals Ink Binding Merger Agreement
Myriad Uranium plans to acquire Rush Rare Metals in a merger, aiming for full control of the Copper Mountain Uranium Project in Wyoming. This strategic move, detailed in an updated LOI, offers Rush shareholders a premium. Rush’s Boxi property will be spun out into a new entity. Myriad, already holding a 75% stake, believes consolidated ownership will enhance project value, streamline operations, and capitalize on renewed global interest in domestic uranium supply.