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Snow Lake Completes Due Diligence on Global Uranium’s Pine Ridge Acquisition

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Snow Lake Completes Due Diligence on Global Uranium’s Pine Ridge Acquisition

Okapi Resources Ltd. ( (AU:GUE) ) has issued an update.

Snow Lake Energy has completed its due diligence on Global Uranium’s assets, including the proposed acquisition of the Pine Ridge Uranium Project. Global Uranium has secured commitments to raise A$10 million through a placement, which includes a significant subscription from Snow Lake, pending shareholder approval. The company is advancing its exploration activities at Pine Ridge, signaling potential growth in its uranium asset portfolio.

More about Okapi Resources Ltd.

Global Uranium and Enrichment Limited is an Australian public listed company focused on uranium exploration, development, and enrichment. It is developing a portfolio of high-grade uranium assets in the U.S. and Canada, and holds a significant position in Ubaryon, an Australian uranium enrichment technology.

YTD Price Performance: -16.67%

Average Trading Volume: 510,737

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$14.74M

See more insights into GUE stock on TipRanks’ Stock Analysis page.

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