C29 Metals Limited (AU:C29) has released an update.
C29 Metals Limited has made a significant stride in its growth trajectory with the acquisition of the High-Grade Ulytau Uranium Project in Kazakhstan, featuring a Non-JORC foreign estimate of nearly 10 million pounds of uranium. The project positions C29 in the world’s leading and most cost-efficient uranium production region, which delivers 43% of the global supply. Additionally, the company has strengthened its leadership with the appointment of Shannon Green as Managing Director and secured $3 million in funding for project exploration.
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