Stranger Holdings (GB:NEO) has released an update.
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Neo Energy Metals plc has announced the strategic acquisition of the Beisa North and Beisa South Uranium and Gold Projects, with a total of 90.24 million pounds of uranium and 4.17 million ounces of gold, positioning the company to become a leading uranium enterprise in South Africa. The Beisa Projects are situated in the prolific Witwatersrand Basin, known for its extensive gold production, and are adjacent to established mining operations. This acquisition aligns with Neo Energy’s goal to consolidate significant uranium resources in a region with a rich mining history and over 70 years of continuous uranium production.
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