Recharge Metals Limited (AU:REC) has released an update.
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Recharge Metals Limited has successfully acquired the Carter Uranium Project in the Powder River Basin, USA, and secured A$2.52 million through a share placement to fund exploration activities. The project, known for its significant historic uranium resources, is strategically located near several permitted ISR production facilities, enhancing its potential value. With ongoing permitting and drilling plans set for next year, Recharge Metals is poised to make significant strides in the uranium market.
For further insights into AU:REC stock, check out TipRanks’ Stock Analysis page.