AMERICAS URANIUM CORP.

Verdera Energy sells the Treeline uranium project in New Mexico to Americas Uranium. Americas Uranium acquires 100% of the property for USD 100,000 in cash and C$2,000,000 in common shares, with 90% of the share payment staged over 36 months. Royalties of 1.5% on net proceeds and 1.5% net smelter returns apply and can be reduced to 1.0% for a payment of C$400,000. Historical estimates from 2005 quantify resources at 1,020,000 pounds of U3O8 but are not considered a current NI 43-101–compliant resource; Verdera will continue to focus on four core projects and an NI 43-101 report for West Largo. » Más en de.investing.com