Leading Proxy Advisory Firm Glass Lewis Recommends Consolidated Uranium Shareholders Vote FOR the Arrangement Resolution with IsoEnergy

• The Board of Directors of CUR recommends that Shareholders vote
  

     FOR of the Arrangement Resolution.

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that Glass Lewis & Co. (“Glass Lewis”), an independent proxy voting and corporate governance advisory firm, has recommended that Consolidated Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced merger (the “Merger” or the “Arrangement”) involving CUR and IsoEnergy Ltd. (“IsoEnergy”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, November 28, 2023 at 10:00 a.m. (Toronto Time).

Philip Williams, Chairman and CEO of CUR, stated, “We are pleased that both Glass Lewis and ISS support the Board’s unanimous recommendation that shareholders for “FOR” the Arrangement Resolution. We look forward to completing the Merger and encourage all CUR shareholders to follow the recommendations of Glass Lewis, ISS, and CUR’s Board of Directors to vote ‘FOR’ the Arrangement Resolution.”

In making their recommendation, Glass Lewis commented:

“All told, we believe the board has presented a sufficient case to support its view that the strategic opportunity presented by the Purchaser is attractive. In terms of rationale underpinning the transaction, we highlight that both companies' project bases appear to be complementary, likely allowing for certain strategic and operational synergies, with the combined company expected to become one of the top ten publicly traded uranium-focused companies in the world, in terms of market capitalization.”

Vote Today

Shareholders are reminded that the deadline to vote is fast approaching. Shareholders must submit their proxies before 10:00 am (Toronto Time) on Friday, November 24, 2023.

The Board of Directors of Consolidated Uranium recommends that Shareholders FOR the Arrangement Resolution

YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY

Special Meeting Details

The Meeting will be held at the offices of Cassels Brock & Blackwell LLP, Suite 3200, Bay Adelaide Centre – North Tower, 40 Temperance St., Toronto, Ontario and online at meetnow.global/MJFSQPW on November 28, 2023 at 10:00 a.m. (Toronto time). Shareholders of record as of October 16, 2023, are eligible to vote at the Meeting.