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An update from Myriad Uranium Corp ( (TSE:M) ) is now available.
Myriad Uranium Corp. has issued 612,164 common shares to FirstAmerican Energy Fuels Ltd. as part of an agreement to acquire the Red Basin Uranium Project in New Mexico. This project consists of 86 lode claims covering approximately 1,776 acres. Myriad’s acquisition strategy includes conducting a geophysics survey by January 30, 2026, to earn a full interest. This move is part of Myriad’s broader strategy to expand its uranium exploration footprint, potentially enhancing its market position in the uranium sector and impacting stakeholders positively through increased exploration activities.
More about Myriad Uranium Corp
Myriad Uranium Corp. is a uranium exploration company with interests in the Copper Mountain Uranium Project in Wyoming, USA. The project includes several known uranium deposits and historical mines, with significant exploration upside. Myriad has recently completed a drill program that revealed high-grade uranium mineralization.
YTD Price Performance: -15.56%
Average Trading Volume: 110,858
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$24.52M
See more insights into M stock on TipRanks’ Stock Analysis page.
