Koonenberry Gold Limited (AU:KNB) has released an update.
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Koonenberry Gold Limited has agreed to acquire the Enmore Gold Project from Global Uranium in exchange for 35 million fully paid ordinary shares, marking a strategic move for both companies. This transaction allows Global Uranium to focus on its North American uranium projects while gaining exposure to the gold market. Koonenberry’s acquisition is pending shareholder approval, expected in November 2024.
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