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An update from Medallion Resources ( (TSE:GAMA) ) is now available.
Gamma Resources Ltd. has increased its non-brokered private placement from $1,000,000 to $1,300,000, with the first tranche already closed at $651,060. The additional funds will support early-stage investments in uranium properties in Utah and New Mexico, as well as the company’s rare-earth element extraction process licensed to ACDC Metals Ltd in Australia, positioning Gamma to benefit from the evolving U.S. nuclear landscape.
More about Medallion Resources
Gamma Resources Ltd. is a U.S.-focused uranium exploration and development company with high-quality assets in the Mountain West region. The company is advancing projects like the Green River Project in Utah and the Mesa Arc Project in New Mexico, aiming to capitalize on the growing demand for U.S.-based uranium supply driven by policy and market changes in the nuclear sector.
Average Trading Volume: 68,976
Technical Sentiment Signal: Hold
Current Market Cap: C$3.05M
For an in-depth examination of GAMA stock, go to TipRanks’ Overview page.