Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Baselode Energy Corp ( (TSE:FIND) ) has issued an update.
Baselode Energy Corp. announced that Forum Energy Metals shareholders have approved a plan of arrangement, allowing Baselode to acquire all outstanding shares of Forum. This merger is a strategic move to strengthen Baselode’s position in the uranium exploration industry, with the new entity, Geiger Energy Metals, focusing on projects in Nunavut and Saskatchewan. The merger is expected to enhance Baselode’s market presence and operational capabilities in the Canadian uranium sector.
More about Baselode Energy Corp
Baselode Energy Corp. is a company focused on uranium exploration in the Athabasca Basin area of northern Saskatchewan, Canada. The company controls 100% of approximately 226,128 hectares for exploration and is known for its discovery of the ACKIO near-surface uranium prospect. Baselode employs innovative geophysical methods to identify shallow targets for diamond drilling, aiming to discover high-grade uranium orebodies.
Average Trading Volume: 285,384
Technical Sentiment Signal: Sell
Current Market Cap: C$10.76M
Learn more about FIND stock on TipRanks’ Stock Analysis page.