Interview with Colin Healey, CEO of Premier American Uranium Inc.

Our previous interview: https://www.cruxinvestor.com/posts/why-does-premier-american-uranium-nuclear-fuels-merger-make-sense-7518

Recording date: 3rd September 2025

Premier American Uranium (TSXV: PUR) presents a compelling investment opportunity as the uranium sector experiences unprecedented institutional adoption driven by artificial intelligence energy demands and climate commitments. The company is executing a transformational acquisition of Nuclear Fuels that will establish Premier as one of Wyoming's most active uranium drilling operations while expanding its portfolio to 12 projects across five historic uranium-producing states.

The Nuclear Fuels acquisition, which received 95% shareholder approval, centers on the Kaycee project featuring 400 miles of mapped roll fronts and up to 30 million pound resource exploration target. The strategic value extends beyond the asset quality to its location within Wyoming's established uranium corridor, positioned approximately 20 miles from existing production facilities including UEC's Christensen Ranch and Energy Fuels' Nichols Ranch. This proximity provides potential processing options that could significantly reduce capital requirements and accelerate development timelines.

Premier operates a sophisticated dual development strategy combining Wyoming exploration assets with an advanced New Mexico project. The company's Cebolleta asset contains a defined resource of 23.5 million pounds and is approaching completion of its preliminary economic assessment. The project demonstrates Premier's execution capabilities, having been acquired through the American Future Fuel purchase and advanced to a 43-101 compliant resource within 16 months.

Cebolleta offers a unique processing solution that addresses capital intensity challenges facing new uranium projects. The innovative approach produces pregnant resin that can be processed at existing facilities across multiple jurisdictions, potentially reducing both capital requirements and technical risks compared to traditional development models.

Premier's development approach directly addresses current market dynamics where different asset stages command varying valuation multiples. Management recognizes that proximity to cash flow generation commands premium multiples and is positioned to benefit from what CEO Colin Healey describes as the next phase of uranium equity performance where development-stage companies may outperform following the recent rally in producers."

The company's recent operational success includes its best drilling result in the Cyclone project's history: 15.5 feet at 0.09% U3O8. Combined with the project's location within 15 miles of Ur-Energy's Lost Creek production facility, this exemplifies Premier's strategy of developing assets near existing infrastructure.

The uranium sector is experiencing fundamental demand growth driven by technology companies seeking reliable clean energy solutions. Microsoft's investment in restarting Three Mile Island Unit 2 and membership in the World Nuclear Association represents a significant inflection point, bringing substantial capital resources to uranium demand creation. This institutional adoption occurs against supply constraints in what Healey describes as an undersupplied market where the deepest pockets on earth are looking to increase the demand for commodity.

Premier offers multiple near-term catalysts including the imminent Nuclear Fuels acquisition closure and Cebolleta PEA completion. The increased scale enhances financial flexibility for additional strategic acquisitions while maintaining disciplined capital allocation standards overseen by experienced board governance.

The convergence of institutional uranium adoption, supply constraints, and Premier's strategic positioning across multiple development stages creates a compelling investment thesis for investors seeking exposure to the evolving uranium market dynamics.

View Premier American Uranium's company profile: https://www.cruxinvestor.com/companies/premier-american-uranium

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