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Global Uranium Sells Enmore Gold Project to Koonenberry

Global Uranium Sells Enmore Gold Project to Koonenberry

Okapi Resources Ltd. (AU:GUE) has released an update.

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Global Uranium has sold its Enmore Gold Project in NSW, Australia, to Koonenberry Gold for 35 million shares, allowing Global Uranium to focus on its North American uranium projects. This strategic move aligns with Global Uranium’s growth strategy and provides it with exposure to Koonenberry’s gold assets. The deal is subject to Koonenberry’s shareholder approval in November 2024.

For further insights into AU:GUE stock, check out TipRanks’ Stock Analysis page.

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