“Uranium Exploration Breaks New Ground with North Shore Uranium Ltd. Closing of Qualifying Transaction

North Shore Uranium Ltd. (formerly Clover Leaf Capital Corp) has announced the closing of its qualifying transaction on the Canadian securities exchange. The qualifying transaction resulted in a reverse take-over of Clover Leaf Capital Corp by North Shore Uranium Ltd. North Shore Uranium is a junior uranium exploration company that has been active in the exploration and development of uranium projects in the Northwest Territories, Canada. The company has developed and maintained valuable relationships with local communities, landholders, and the regional government. The qualifying transaction was announced in December 2020. North Shore Uranium has since acquired 100% of the uranium exploration rights of the North Shore property from affiliate companies of Aquilini Uranium. This acquisition provides North Shore Uranium with title to an area of 117,264 hectares of land in the Athabasca Basin of Saskatchewan, Canada. North Shore Uranium plans to focus its exploration efforts on potential near-surface, unconformity-hosted uranium deposits in the Athabasca Basin. The company recently initiated a 10-HQ diamond drill hole program on the North Shore property, which is the first stage of a technical assessment of the property’s uranium mineral potential. The qualifying transaction was a historic transaction for North Shore Uranium, one that will set them on the path for success in the uranium industry in 2021. As previously stated, North Shore Uranium is focused on the exploration of the North Shore property, providing shareholders with an opportunity to participate in a well-financed exploration program. The closing of the qualifying transaction marks a significant milestone for the company that will ensure it can focus its efforts on evaluating the uranium potential of the North Shore property. With its technical team and its experienced management team, North Shore Uranium is well-positioned to build long-term value for its shareholders.