tiprankstipranks
MegaWatt to Acquire Labrador in Strategic Deal
Company Announcements

MegaWatt to Acquire Labrador in Strategic Deal

Megawatt Lithium And Battery Metals Corp. (TSE:MEGA) has released an update.

Don't Miss Our Christmas Offers:

MegaWatt Lithium and Battery Metals Corp. has announced plans to acquire Labrador Mineral Resources Inc., including its 100% interest in the Benedict Mountains Uranium Property. The deal involves MegaWatt issuing over 16 million shares to Labrador shareholders, equating to a roughly 44% ownership in the expanded company. The transaction, still subject to regulatory approval, also includes a future cash payment and potential royalty adjustments for the property.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMegaWatt Eyes Growth in Booming Uranium Market
TipRanks Canadian Auto-Generated NewsdeskMegaWatt Metals Advances Uranium Exploration Efforts
TipRanks Canadian Auto-Generated NewsdeskMegaWatt Metals Boosts Marketing with Fairfax
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