Vice Health And Wellness Inc (TSE:VICE) has released an update.
Vice Health and Wellness Inc. has announced its intent to acquire a private company with uranium exploration properties in the US and Canada, in a $4 million deal to be paid in shares and cash. The transaction, which will shift the company’s business focus, is pending due diligence, financing, and necessary approvals, and will temporarily halt the trading of Vice’s shares. The properties include the historic Yellow Chief Uranium project and the Chariot River Property in the uranium-rich Athabasca Basin.
For further insights into TSE:VICE stock, check out TipRanks’ Stock Analysis page.