Dark Star Minerals, Inc. ( (TSE:BATT) ) has provided an announcement.
Dark Star Minerals Inc. has signed a definitive agreement to acquire a 100% interest in the Bleasdell Lake Uranium Project in Northern Saskatchewan, Canada. This strategic acquisition, which includes a historic uranium deposit, is expected to enhance Dark Star’s uranium asset portfolio and align with its strategy to prepare for anticipated uranium supply shortages. The acquisition involves a series of cash payments and the issuance of common shares, along with a net smelter return royalty agreement with the vendors. The project has significant historic exploration data, and Dark Star plans to focus on confirming and expanding these findings to bolster its industry positioning.
More about Dark Star Minerals, Inc.
Dark Star Minerals Inc. operates in the mining industry, focusing on the exploration, development, and acquisition of mineral assets. The company is particularly involved in the uranium sector, aiming to address future uranium supply shortages as nuclear power and small modular reactors gain prominence.
YTD Price Performance: 75.00%
Average Trading Volume: 76,457
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.55M
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