Fusion Fuel Green PLC: Fusion Fuel Closes Strategic Royal Uranium Acquisition, Acquiring Uranium and Natural Gas Royalty Interests
Fusion Fuel Green PLC (Nasdaq: HTOO) said it closed its acquisition of Royal Uranium Inc. valued at $15.0 million. Fusion Fuel issued 3,750,018 Class A ordinary shares at about $4.00 per share. The deal adds uranium NSR-style royalties (1.0% to 2.5%) across 16 project areas and natural gas royalties (4.0% to 12.0%) across three Alberta areas.
