Snow Lake Resources Ltd., operating as Snow Lake Energy, has received approval from the Australian Foreign Investment Review Board (FIRB) for its acquisition of 100% of Global Uranium and Enrichment Limited (GUE) and a 21.9% interest in Ubaryon Pty Ltd. In addition to Snow Lake, Urenco has also received FIRB approval for its investment in Ubaryon, acquiring a 13% stake. These approvals are key steps toward Snow Lake's plan to expand its activities across the nuclear fuel cycle and support domestic nuclear industry development. Completion of the acquisitions is targeted for early 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snow Lake Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 277146) on December 08, 2025, and is solely responsible for the information contained therein.
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