ALX Resources (TSE:AL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
ALX Resources Corp. has revised its joint venture agreement with Denison Mines, allowing for an increase in ALX’s stake in the Hook-Carter Uranium Project from 20% to 25% by financing an additional $3 million in exploration. The project, situated in a uranium-rich region alongside significant deposits, is set for renewed exploration efforts in 2024. This strategic move promises to accelerate development in what is considered one of the most promising areas for uranium exploration globally.
For further insights into TSE:AL stock, check out TipRanks’ Stock Analysis page.
