TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Academy Metals ( (TSE:BFM) ) has issued an announcement.
Bedford Metals Corp. has announced the successful negotiation of settlements to acquire 100% ownership of the Ubiquity Lake and Sheppard Lake uranium projects. By issuing shares to settle remaining obligations, the company eliminates future payment commitments and consolidates its land holdings under the Sheppard Lake Uranium Project. This strategic move aligns with Bedford’s long-term goals, providing full flexibility for exploration and development in the promising Athabasca Basin region, and enhancing the project’s value for stakeholders.
More about Academy Metals
Bedford Metals Corp. operates in the mining industry, focusing on uranium projects. The company is involved in the exploration and development of uranium resources, primarily in the Athabasca Basin region. Its primary projects include Ubiquity Lake, Sheppard Lake, and Cable Lake, which are part of a consolidated land package aimed at enhancing its strategic positioning in the uranium market.
Average Trading Volume: 91,807
Technical Sentiment Signal: Sell
Current Market Cap: C$25.42M
For a thorough assessment of BFM stock, go to TipRanks’ Stock Analysis page.