An announcement from Boss Energy Limited ( (AU:BOE) ) is now available.
Boss Energy Limited has acquired a significant stake in Laramide Resources, a Queensland-based uranium developer, by purchasing 23.5 million shares for approximately A$15.5 million. This strategic investment increases Boss’s interest in Laramide to 18.4% and provides exposure to Laramide’s Westmoreland Uranium Project, despite the current moratorium on uranium mining in Queensland. Boss believes the investment is prudent given the potential value of the Westmoreland project if the ban is lifted, and plans to leverage its expertise and financial strength to benefit stakeholders.
More about Boss Energy Limited
Boss Energy Limited is a company operating in the energy sector, primarily focusing on uranium production. It is known for its Honeymoon Uranium Project in South Australia, which achieved commercial production in January 2025.
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