ALX Resources Strikes Deal on Uranium Project
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ALX Resources Strikes Deal on Uranium Project

ALX Resources Corp (TSE:AL) has released an update.

ALX Resources Corp. has finalized a lucrative partnership with Trinex Minerals subsidiary for its Gibbons Creek Uranium Project in Saskatchewan. The deal allows Trinex to earn up to a 75% interest in the project over five years through cash, share payments, and exploration expenditures. This strategic move could potentially accelerate the development of the uranium resource and enhance shareholder value.

For further insights into TSE:AL stock, check out TipRanks’ Stock Analysis page.

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