Global Uranium Corp. (TSE:GURN) has released an update.
Global Uranium Corp. has announced a significant expansion of its mining portfolio by acquiring 100% interests in five uranium projects in Wyoming, USA, covering a total area of 5,040 acres. The acquisition from Foster Wilson is set for completion around mid-August 2024 and involves a payment of $70,000 and 400,000 common shares of the company. This strategic move taps into Wyoming’s status as a leading uranium mining location, with the acquired properties including a substantial part of the Gas Hills Uranium District, known for its historical and remaining uranium reserves.
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