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Greenridge Exploration to Lead Uranium Sector with ALX Acquisition

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Greenridge Exploration Inc (TSE:GXP) has released an update.

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Greenridge Exploration Inc. is set to acquire ALX Resources Corp., aiming to become a Canadian leader in uranium exploration with significant expansion into strategic metal projects. The acquisition will result in a diverse portfolio with 29 projects across Canada, including a major stake in the Carpenter Lake Project and a significant presence in the uranium-rich Athabasca Basin.

For further insights into TSE:GXP stock, check out TipRanks’ Stock Analysis page.

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