Greenridge to Acquire ALX, Expanding Uranium Ventures

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

Greenridge Exploration Inc. has signed a letter of intent to acquire all common shares of ALX Resources Corp., aiming to become a significant player in Canadian uranium exploration with a portfolio that includes the Athabasca Basin, Thelon Basin, and Elliot Lake. The deal will also diversify their interests into lithium, nickel, gold, and copper properties, spanning 493,000 hectares and 28 projects across Canada.

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