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Mawson Resources Plans Uranium Assets Spin-Off

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Mawson Resources Plans Uranium Assets Spin-Off

Mawson Resources (TSE:MAW) has released an update.

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Mawson Resources has announced an arrangement to spin off its uranium assets in Sweden into a new company, SUA Holdings Ltd., distributing shares to current Mawson shareholders. A special meeting for shareholder approval is scheduled for November 7, 2024. The deal, which is part of a larger scheme with Southern Cross Gold Ltd., is also subject to regulatory and court approvals.

For further insights into TSE:MAW stock, check out TipRanks’ Stock Analysis page.

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