Company Announcements

Greenridge to Acquire ALX, Expanding Uranium Ventures

Story Highlights

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.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGreenridge Exploration to Lead Uranium Sector with ALX Acquisition
TipRanks Canadian Auto-Generated NewsdeskGreenridge Exploration Finalizes Key Funding Round
TipRanks Canadian Auto-Generated NewsdeskGreenridge Exploration Advances Carpenter Lake Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App