NANO Nuclear Energy, HALEU Energy Fuel Subsidiary Ink Agreement With Radnostix To Acquire U.S. Nuclear Fuel Processing Assets For $9M In Cash, $5M In NANO Common Shares

NANO Nuclear Energy Inc. (NASDAQ: NNE) and its subsidiary, HALEU Energy Fuel Inc., have signed an agreement to acquire U.S. nuclear fuel processing assets from Radnostix, Inc. for a total of $9.5 million in cash and $4 million in NANO common stock. The assets include a U.S. Nuclear Regulatory Commission license and related intellectual property for a depleted uranium hexafluoride deconversion facility in New Mexico. The transaction is expected to close in 90 to 120 days, pending necessary regulatory approvals.