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Okapi Completes Acquisition of US Uranium Assets



HIGHLIGHTS

  • Okapi finalises the acquisition of 100% of Tallahassee and its portfolio of large, high-grade uranium projects in the United States

  • Includes the Tallahassee Uranium Project, where a *JORC 2004 Mineral Resource estimate indicates there are 26 million pounds of U3O8 at a grade of 540ppm U3O8, with significant exploration upside.

  • Okapi is now well-funded to execute strategic plan with A$6.0 million in cash and cash equivalents

  • Geologist Ben Vallerine appointed as Technical Director, bringing considerable uranium experience within the US to the Okapi board

  • High impact field work programs already underway

  • Clear strategy to become a new leader in North American carbon-free nuclear energy by assembling and developing a portfolio of high-quality uranium assets through accretive acquisitions and exploration