The latest announcement is out from Eclipse Metals Ltd. ( (AU:EPM) ).
Eclipse Metals Ltd has entered into a binding option and earn-in agreement with Boss Energy to advance the Liverpool Uranium Project in Northern Territory, Australia. This strategic partnership allows Boss Energy to earn up to an 80% interest in the project by investing $8 million over seven years, potentially increasing to 90% for an additional $50 million. The alliance enables Eclipse to focus on its rare earth projects in Greenland while maintaining a strong presence in the Australian uranium sector, enhancing shareholder value and accelerating exploration efforts.
More about Eclipse Metals Ltd.
Eclipse Metals Ltd is a company involved in the exploration and development of mineral resources, with a focus on uranium and rare earth assets. The company is actively engaged in projects in Australia and Greenland, aiming to contribute to the global critical minerals supply chain.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €8.29M
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