Protean Energy Limited (AU:POW) has released an update.
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Protean Energy Ltd has announced its acquisition of Aurora Minerals Pty Ltd, positioning itself to explore two promising mineral projects in Canada’s James Bay. The company plans to raise $5 million to support these explorations and undergoes a rebranding to ‘Aurora Rare Earths Limited’. This strategic move aligns Protean with the growing demand for critical minerals essential for energy transition.
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