Source: U308 Corp.
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  • U3O8 Corp. (UWE) announced that Dr. Richard Spencer has transitioned from President and Chief Executive Officer to Chairman of the Board
  • Mr. Trumbull Fisher is relinquishing his role as Chairman of the Board of Directors of U3O8 to become Chief Executive Officer
  • U3O8 Corp is a Canadian-based exploration company focused on the exploration of uranium and related minerals in South America
  • U3O8 Corp. (UWE) is unchanged on the day, trading at C$0.21 per share at 2:1

U3O8 Corp. (UWE) announced that Dr. Richard Spencer has transitioned from President and Chief Executive Officer to Chairman of the Board.

Mr. Trumbull Fisher is relinquishing his role as Chairman of the Board of Directors of U3O8 to become Chief Executive Officer.

Both changes are effective immediately.

Dr. Richard Spencer, U3O8’s Chairman commented,

“With the turn-around of the company progressing so well, and my tenure having spanned the bear market in uranium, it’s time for me to step aside for new leadership to propel the company into the resurgent nuclear and growing battery commodity markets. I look forward to supporting Trumbull as he leads the company forward, while providing the necessary continuity in my new role as Chairman. It remains for me to thank the shareholders and U3O8 board members that I have served with, for their support. In particular, my thanks go to John Ross, our CFO, who was an unshakeable stalwart throughout my tenure.”

Trumbull Fisher, CEO of U3O8 added,

“I am excited about the trajectory of the company and am energized to take on the role of CEO at a pivotal time in our growth. More importantly, I look forward to continuing to leverage Richard’s deep technical expertise and long-standing knowledge of the Company as we advance Berlin and broaden our market and corporate development strategy.”

The company has granted Dr. Spencer and Mr. Trumbull options to purchase a total of 600,000 common shares for a period of five years.

U3O8 Corp is a Canadian-based exploration company focused on the exploration of uranium and related minerals in South America. The group has a business presence in Canada, Colombia and Argentina.

U3O8 Corp. (UWE) is unchanged on the day, trading at C$0.21 per share at 2:15 pm ET.


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