Uvre Ltd. (AU:UVA) has released an update.
Uvre Ltd. has acquired two uranium exploration licenses in South Australia’s Frome Basin, an area known for its uranium-rich environment and proximity to existing mines. With a solid cash balance and no debt following a successful share placement, the company is set to begin field exploration in the third quarter of 2024 as it aims to become a significant player in South Australia’s uranium sector.
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