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The latest update is out from Snow Lake Resources ( (LITM) ).
On August 5, 2025, Snow Lake Resources Ltd. announced that Ubaryon Pty Ltd has finalized a binding agreement with Urenco, following Ubaryon shareholder approval on July 16, 2025. This strategic partnership aims to advance Ubaryon’s next-generation uranium enrichment technology. Urenco’s investment of AUD$5.0 million over three years and its technical expertise will support the development milestones and accelerate the technology towards commercial readiness. This collaboration is seen as a significant validation of Ubaryon’s technology and enhances Snow Lake’s position in the uranium enrichment sector, potentially unlocking new opportunities for stakeholders.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq under the symbol LITM. The company has a global portfolio of critical mineral and clean energy projects, including the Pine Ridge Uranium project in Wyoming, USA, and the Engo Valley Uranium Project in Namibia. Snow Lake also holds various exploration stage projects in Manitoba and investments in public companies with critical minerals assets.
Average Trading Volume: 744,855
Technical Sentiment Signal: Sell
Current Market Cap: $28.87M
Find detailed analytics on LITM stock on TipRanks’ Stock Analysis page.