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The latest announcement is out from Greenridge Exploration Inc ( (TSE:GXP) ).
Greenridge Exploration Inc. has acquired the Raven Uranium Project in Northern Saskatchewan, expanding its presence in the Athabasca Basin region. The project, consisting of four mineral claims, is strategically located near significant uranium mines and is considered underexplored, presenting potential opportunities for future discoveries. The company plans to conduct further exploration activities, including a possible helicopter-borne electromagnetic survey, to assess the property’s potential. Additionally, Greenridge has granted stock options and restricted share units to its directors and consultants, aligning with its equity incentive plan.
More about Greenridge Exploration Inc
Greenridge Exploration Inc. operates in the mineral exploration industry, focusing on uranium projects. The company is engaged in acquiring and developing mineral claims, particularly in the Athabasca Basin region, known for its rich uranium deposits.
Average Trading Volume: 75,053
Technical Sentiment Signal: Sell
Current Market Cap: C$20.16M
See more insights into GXP stock on TipRanks’ Stock Analysis page.