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Southstone Minerals Secures Conditional Approval for Botswana Uranium Acquisition

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Southstone Minerals Secures Conditional Approval for Botswana Uranium Acquisition

Southstone Minerals ( (TSE:SML) ) has shared an update.

Southstone Minerals Limited has received conditional approval from the TSX Venture Exchange for its acquisition of Afrium Energy Pte. Ltd., which holds uranium prospecting licenses in Botswana. The company must meet several conditions for final approval, including financial and technical submissions. Additionally, Southstone has scheduled its annual shareholder meeting for April 30, 2025, to comply with regulatory requirements.

More about Southstone Minerals

Southstone Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in acquiring and managing mineral properties, with a particular interest in uranium and diamond resources.

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$334K

Learn more about SML stock on TipRanks’ Stock Analysis page.

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