DMC Mining Ltd. (AU:DMM) has released an update.
DMC Mining Ltd. has announced its acquisition of two significant projects in Guinea, which could potentially transform its portfolio with the Firawa Uranium-Rare Earth Element project and the Labé Uranium project. The company is extending the closing date for its Public Offer due to temporary administrative closures in Guinea, which are aimed at improving mining permit processes. Share re-quotation on the ASX is anticipated later in November, pending the completion of these acquisitions.
For further insights into AU:DMM stock, check out TipRanks’ Stock Analysis page.