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Uravan Minerals ( (TSE:NF) ) just unveiled an update.
Nuclear Fuels Inc. announced that the Supreme Court of British Columbia has approved its plan of arrangement with Premier American Uranium Inc. The completion of this arrangement, which involves Premier American Uranium acquiring all outstanding shares of Nuclear Fuels, is pending approval from the TSX Venture Exchange and other customary conditions. Upon completion, Nuclear Fuels’ shares will be delisted from the Canadian Securities Exchange. The arrangement is expected to enhance Nuclear Fuels’ industry positioning and operational capabilities, with potential implications for stakeholders, including a strategic advisory role played by Canaccord Genuity Corp.
More about Uravan Minerals
Nuclear Fuels Inc. is a uranium exploration company focused on advancing early-stage, district-scale ISR amenable uranium projects in the U.S. The company leverages extensive historical databases and industry expertise, positioning itself for growth supported by strong government backing. Nuclear Fuels has consolidated the Kaycee district and is planning further drilling to expand historic resources. It has a strategic relationship with enCore Energy Corp., which provides a pathway to production.
Average Trading Volume: 142,734
Technical Sentiment Signal: Sell
Current Market Cap: C$28.91M
See more insights into NF stock on TipRanks’ Stock Analysis page.