Base Resources (AU:BSE) has released an update.
Base Resources Limited reports a successful quarter and progress on a strategic merger with U.S.-based Energy Fuels to establish a global critical minerals leader. The company has met its FY24 production targets at its Kwale Operations and is nearing completion on mine rehabilitation, while also advancing the Toliara Project in Madagascar. Shareholders are anticipated to receive detailed information regarding the merger with timelines indicating a completion target for early October.
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