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An announcement from Snow Lake Resources ( (LITM) ) is now available.
On July 1, 2025, Snow Lake Resources Ltd. announced a strategic investment in GTi Energy Ltd. to support the advancement of the Lo Herma uranium project in Wyoming’s Powder River Basin. This investment is part of a broader strategy to engage in critical minerals projects. The Lo Herma project, which recently completed a positive scoping study, is expected to enhance uranium production in the region, aligning with U.S. policies promoting nuclear energy expansion. Snow Lake’s involvement includes a AUD$1.4 million investment in GTi Energy’s AUD$4.5 million equity financing, providing GTi Energy with the necessary funds to advance the project through further drilling and fieldwork.
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 uranium projects in Wyoming, USA, and Namibia, as well as additional exploration stage projects in Manitoba. Snow Lake also invests in public companies with critical minerals assets.
Average Trading Volume: 711,462
Technical Sentiment Signal: Sell
Current Market Cap: $26.91M
For detailed information about LITM stock, go to TipRanks’ Stock Analysis page.