Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Okapi Resources Ltd. ( (AU:GUE) ) has shared an announcement.
Global Uranium and Enrichment Limited has called a second Federal Court hearing on 3 February 2026 in Perth to seek approval for the share and option schemes of arrangement under which Snow Lake Resources Ltd will acquire all GUE shares it does not already own and replace GUE’s unlisted options with new Snow Lake warrants. The hearing follows shareholder and unlisted optionholder approval of the schemes at meetings held on 27 January 2026, and represents a key final legal step in implementing the takeover, which, if sanctioned, will see GUE fully absorbed into Snow Lake and will consolidate ownership for current Snow Lake stakeholders while cashing out or converting positions for GUE investors and optionholders.
More about Okapi Resources Ltd.
Global Uranium and Enrichment Limited is an ASX- and OTCQB-listed company focused on uranium and related enrichment activities, positioning itself within the global nuclear fuel and energy sector. Its securities include fully paid ordinary shares and unlisted options traded on the ASX, reflecting a capital structure oriented toward resource development and energy market investors.
Average Trading Volume: 1,998,028
Technical Sentiment Signal: Buy
Current Market Cap: A$36.9M
See more data about GUE stock on TipRanks’ Stock Analysis page.