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.
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: 278666) on December 19, 2025, and is solely responsible for the information contained therein.
Comments