12:44 PM EST - First Uranium Resources Ltd : Announces that further to its news release of March 9, 2022, it has entered into a definitive agreement providing it with an option to acquire all of the shares of Southwind Corporation, a Delaware corporation. Southwind’s principal asset is a land package in Arkansas comprising a phosphate and rare earth metals project. The Option Agreement becomes effective following the satisfaction of certain conditions precedent including, but not limited to the completion of a reorganization of the shareholdings of Southwind. First Uranium Resources Ltd
shares C.URNM are trading unchanged at $0.38.