Stranger Holdings (GB:NEO) has released an update.
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Neo Energy Metals plc has announced the formal acquisition of the Beisa North and Beisa South Uranium Projects in South Africa, comprising over 90 million pounds of uranium and 4 million ounces of gold. This strategic move aims to establish Neo Energy as a leading uranium mining company in South Africa, enhancing its position in a region with a 70-year history of uranium production. The acquisition marks a significant advancement in the company’s strategy to consolidate in a major uranium-producing region and to grow its portfolio for future value creation.
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