Academy Metals ( (TSE:BFM) ) just unveiled an update.
Bedford Metals Corp. has announced the acquisition of the Cable Lake Uranium Project from Northern Lights Exploration Corp., expanding its Ubiquity Lake project area in the Athabasca Basin. This strategic acquisition adds 8,056 hectares of prospective land with strong geophysical signatures, enhancing Bedford’s exploration potential and positioning in the uranium sector. The acquisition involves issuing shares to the vendor and is subject to regulatory approvals, with no finders’ fees involved.
More about Academy Metals
Bedford Metals Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. Its primary products include uranium, with a significant market focus on the Athabasca Basin in Saskatchewan, known for its rich uranium deposits.
YTD Price Performance: -27.78%
Average Trading Volume: 148,902
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$30.59M
For an in-depth examination of BFM stock, go to TipRanks’ Stock Analysis page.