Snow Lake Resources ( (LITM) ) has shared an update.
On April 9, 2025, Snow Lake Resources Ltd. announced a legally binding letter of intent to acquire Bazooka Resources Pty Ltd., thereby securing a 100% indirect interest in the Buffalo Uranium Project in Wyoming. The acquisition involves a structured payment plan, including cash payments and the issuance of Snow Lake shares, with milestone payments contingent on the confirmation of uranium resources. This move positions Snow Lake to expand its portfolio in the uranium sector, potentially enhancing its market presence and offering significant opportunities for stakeholders.
More about Snow Lake Resources
Snow Lake Resources Ltd. is a company involved in the mining industry, focusing on the acquisition and development of mineral properties.
YTD Price Performance: -57.98%
Average Trading Volume: 14,924,651
Technical Sentiment Signal: Strong Buy
Current Market Cap: $40.05M
Learn more about LITM stock on TipRanks’ Stock Analysis page.