Forty Pillars Mining Corp (TSE:PLLR) has released an update.
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Forty Pillars Mining Corp. has completed the acquisition of the Element 92 Uranium Property in Saskatchewan, involving a cash payment and the issuance of common shares to Oberon Uranium Corp., who now holds a significant insider position. In addition, Forty Pillars has issued restricted share units to consultants, with all shares subjected to a four-month hold period under Canadian securities laws. The company continues its focus on mineral exploration in British Columbia and Saskatchewan.
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