BUZZ-ASP Isotopes gains as subsidiary secures nuclear deal

Reuters03-06 23:30
BUZZ-<a href="https://laohu8.com/S/ASPI">ASP Isotopes</a> gains as subsidiary secures nuclear deal

** Shares of ASP Isotopes ASPI.O rise 10% to $5.59

** Co's subsidiary, Quantum Leap Energy (QLE), signs Memorandum of Understanding (MOU) with a large publicly traded U.S. energy company that operates nuclear power stations

** Under the MOU, the energy co will explore ways to support QLE's plans to build U.S.-based advanced nuclear fuel cycle facilities, as well as provide uranium conversion and deconversion services

** “We believe interest from a major U.S. energy producer underscores the importance of reliable domestic sources of nuclear fuel,” says Ryno Pretorius, Chief Executive Officer of QLE

** The MOU outlines potential terms for providing financial support pursuant to definitive agreements for the supply of enriched uranium

** Including session's moves, ASPI up 4.5% YTD

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com ))

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