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Global Uranium Corp. ( (TSE:GURN) ) has issued an announcement.
Global Uranium Corp. has terminated its option agreement with Forum Energy Metals Corp. for the Northwest Athabasca uranium project in Saskatchewan. This decision follows a strategic review of its portfolio, allowing the company to focus on its Wyoming properties, where significant uranium anomalies have been identified, and the Astro Project in Saskatchewan, which shows promising exploration potential. By concentrating resources on these projects, Global Uranium aims to enhance its exploration capabilities and create value for stakeholders.
More about Global Uranium Corp.
Global Uranium Corp. is a North American uranium exploration company focused on advancing high-quality, strategically located projects. The company is committed to responsible resource development and aims to deliver long-term shareholder value through disciplined capital allocation and technical excellence. Its key uranium projects are located in Northern Saskatchewan, Canada, and Wyoming, USA.
Average Trading Volume: 62,358
Technical Sentiment Signal: Sell
Current Market Cap: C$8.25M
See more insights into GURN stock on TipRanks’ Stock Analysis page.