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Okapi Resources Ltd. ( (AU:GUE) ) has provided an announcement.
Global Uranium and Enrichment Limited has secured strong securityholder backing for its acquisition by Snow Lake Resources, with majorities of 93.02% of shareholders present and voting, and 99.19% of votes cast in favour of the share scheme, while 100% of optionholders supported the option scheme. With scheme resolutions now approved, GUE will seek Federal Court approval on 3 February 2026, after which the schemes are expected to become effective, GUE shares will be suspended and ultimately delisted from the ASX, and shareholders and optionholders will receive new Snow Lake shares and warrants, marking GUE’s transition into Snow Lake’s corporate structure and shifting investors’ exposure from ASX to Nasdaq.
More about Okapi Resources Ltd.
Global Uranium and Enrichment Limited (GUE) is an ASX- and OTCQB-listed company focused on uranium and related enrichment assets, giving investors exposure to the global nuclear fuel and energy markets. Snow Lake Resources Ltd is a Nasdaq-listed company that is expanding its portfolio via acquisition of GUE’s remaining shares and options, consolidating ownership in the uranium and energy resources sector.
Average Trading Volume: 1,998,028
Technical Sentiment Signal: Buy
Current Market Cap: A$36.9M
Find detailed analytics on GUE stock on TipRanks’ Stock Analysis page.