Stamper Oil & Gas (TSE:STMP) has released an update.
Stamper Oil & Gas Corp. has expanded its energy portfolio with the acquisition of Capri and Capri2, historic Uranium deposits in Quebec, totaling nearly 1.9 million tonnes of reserves. The acquisition, costing $196,000 through a share purchase agreement, aims to strengthen Stamper’s position in the uranium market as demand for carbon-neutral power generation grows. Stamper’s strategy focuses on turning these historic deposits into commercially viable assets amidst a rising uranium price landscape.
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