Power Metal Resources Plc (GB:POW) has released an update.
Power Metal Resources PLC, a London-listed exploration company, is nearing the completion of a uranium-focused joint venture, featuring their full portfolio of uranium licenses, with ACAM LP. Advisors have nearly finished due diligence, with the definitive legal documentation in advanced stages and an extended exclusivity period until 13 September 2024. While completion isn’t guaranteed, expectations are high for the deal to close within the newly agreed timeframe.
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