Snow Lake Moves to Acquire Remaining Shares of Global Uranium and Enrichment Limited

Reuters12-19
Snow Lake Moves to Acquire Remaining Shares of <a href="https://laohu8.com/S/GURFF">Global Uranium</a> and Enrichment Limited

Snow Lake Resources Ltd., operating as Snow Lake Energy, is in the process of acquiring all remaining shares of Global Uranium and Enrichment Limited (GUE) that it does not currently own. Snow Lake is already GUE's largest shareholder with a 19.9% stake. GUE is the largest shareholder of Ubaryon, a private Australian company developing innovative uranium enrichment technology. This update follows recent progress in Ubaryon's technology development and a new investment by Urenco, a global uranium enrichment company, which is expected to advance Ubaryon's uranium isotope technology to TRL 5 within the next three years.

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