DISA Uranium Corporation is acquiring four uranium projects in Colorado from Premier American Uranium (PUR) for $2 million in shares, while simultaneously investing $5 million into PUR’s equity at a 41.5% premium to market price. The agreement, signed on September 14, 2026, reshapes the structure of both companies and bolsters the domestic uranium supply chain in the United States.
The divested projects — Outlaw Mesa, Atkinson Mesa, Monogram Mesa, and Slick Rock — transfer entirely to DISA Uranium in exchange for 25,413 shares of the acquiring company, plus an equivalent number of warrants exercisable at $118.05 per share. PUR receives $2 million in equity and retains upside exposure to DISA Uranium’s future growth through those warrants. On the other side of the deal, DISA Uranium subscribes to PUR subscription receipts at CAD $0.75 per unit, acquiring a stake of approximately 8.7% of PUR’s outstanding shares — at a 41.5% premium to the closing price on September 14, 2026, making this far from a token investment.
For PUR, the transaction follows a clear strategic rationale. The company will now concentrate its resources on what it considers its core projects: Cebolleta, Kaycee, and Cyclone. The Colorado assets were deemed non-core, and divesting them frees up capital to be redeployed where management sees the greatest potential. CEO Colin Healey described the transaction as an example of “disciplined capital allocation” — a phrase that, in this context, reflects concrete decisions: divest what is not a priority, receive equity rather than cash, and maintain exposure to the divested asset’s upside through warrants.
DISA Uranium is a recently established uranium production platform, but one that is already well-capitalized. The company closed a private financing round of $105 million, backed by investors including BHP Ventures, Tembo Capital, Halliburton Labs, Valor Equity Partners, Galvanize Climate Solutions, Evok Innovations, and Veriten — a roster spanning mining, energy, and technology. Its current portfolio includes the fully permitted Tony M, Daneros, and Rim mines in Utah, as well as the Sage Plain and Flatiron projects, and a proprietary technology called HPSA™, paired with an NRC-certified platform for the remediation and recovery of abandoned uranium mines.
The acquisition of the Colorado assets further expands that foundation, adding conventional resources to a strategy targeting the full value chain: production, remediation, recovery, and domestic processing. The U.S. uranium market has been under pressure for years due to reliance on imports, and moves like this one — two companies intersecting on assets, equity stakes, and shared strategy — point to a sector that is becoming more structurally integrated. If DISA Uranium succeeds in unlocking value from the four Colorado projects using its HPSA™ technology, the deal could prove beneficial for both parties well beyond its initial terms.
