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Dark Star Minerals, Inc. ( (TSE:BATT) ) has provided an announcement.
Dark Star Minerals Inc. has issued 14 million common shares to Critical One Energy Inc. as part of its acquisition of 100% interest in the Cobra North and Khan West uranium projects in Namibia. This share issuance marks a significant milestone in the acquisition process, reflecting Dark Star’s commitment to advancing uranium assets and delivering long-term value to shareholders. The transaction involves additional staged cash payments and share issuances over two years, subject to regulatory approvals and customary closing conditions.
More about Dark Star Minerals, Inc.
Dark Star Minerals Inc. is a mineral exploration company focused on acquiring and developing critical mineral resources, specifically uranium. The company holds options to acquire interests in various projects, including the Ghost Lake claims in Labrador and the Bleasdell Project in Northern Saskatchewan, Canada. Dark Star is also acquiring Critical One Energy Inc.’s interest in the Cobra North and Khan West uranium projects in Namibia’s Erongo uranium province.
Average Trading Volume: 237,405
Technical Sentiment Signal: Buy
Current Market Cap: C$2.79M
Learn more about BATT stock on TipRanks’ Stock Analysis page.