Mr. Philip Williams reports

CONSOLIDATED URANIUM ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

Consolidated Uranium Inc. has provided the voting results from its annual general and special meeting of shareholders held virtually today.

Each of the director nominees, being Philip Williams, Anthony Milewski, Mark Raguz, John Jentz and Mark Chalmers, was re-elected as a director of the company to serve until the next annual general meeting of shareholders, or until his successor is otherwise elected or appointed.

In addition, all other matters presented for approval at the meeting were duly authorized and approved, including:

• Appointment of McGovern Hurley LLP, chartered professional accountants, as auditor of the company;
• Approval of the company's amended and restated omnibus long-term incentive plan.

About Consolidated Uranium Inc.

Consolidated Uranium was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation. To date, the company has acquired or has the right to acquire uranium projects in Australia, Canada, Argentina and the United States, each with significant past expenditures and attractive characteristics for development. Most recently, the company completed a transformational strategic acquisition and alliance with Energy Fuels Inc., a leading U.S.-based uranium mining company, and acquired a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah and Colorado. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning Consolidated Uranium as a near-term uranium producer.

We seek Safe Harbor.