Global Energy Metals Corp. (TSE:GEMC) has released an update.
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Global Energy Metals Corp. has realigned its strategic interests by terminating its deal with Fulcrum Metals and entering a new agreement with Terra Balcanica Resources Corp, granting them a royalty in promising uranium exploration projects in Saskatchewan’s Athabasca Basin. This maneuver not only diversifies Global Energy’s asset portfolio with uranium exposure but also secures a significant equity stake in Terra Balcanica. This partnership promises to advance exploration efforts, leveraging historical data indicating potential high-grade uranium deposits in a world-renowned mining district.
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