Victory Battery Metals Dives into Uranium Market
Company Announcements

Victory Battery Metals Dives into Uranium Market

Victory Resources (TSE:VR) has released an update.

Victory Battery Metals Corp. has struck a deal to acquire complete interest in four uranium claim groups in Quebec from Globex Mining Enterprises Inc., with a commitment to invest $3 million in development over four years. The move, which includes the historical Kachiwiss Uranium deposit, marks the company’s significant entry into the uranium sector, complementing its battery metals portfolio. The agreement also includes a provision for Victory to reduce the retained Gross Metal Royalty by paying Globex $1 million.

For further insights into TSE:VR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskVictory Battery Metals Acquires Yellow Chief Uranium
TipRanks Canadian Auto-Generated NewsdeskVictory Battery Metals Announces Management Overhaul
TipRanks Canadian Auto-Generated NewsdeskVictory Resources Welcomes New Director and Funding
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App