Uvre Ltd. (AU:UVA) has released an update.
Uvre Ltd has made significant strides in its South Australian uranium exploration, completing a passive seismic survey at the Frome Downs project that suggests potential for large uranium deposits. The company has also undergone corporate restructuring, raising $1.25 million to support its uranium strategy and securing a Heritage Survey Agreement with local traditional owners. With a strong cash balance of $3 million, Uvre is well-positioned for further exploration efforts.
For further insights into AU:UVA stock, check out TipRanks’ Stock Analysis page.