Victory Resources (TSE:VR) has released an update.
Victory Battery Metals Corp. has struck a deal to acquire complete interest in four uranium claim groups in Quebec from Globex Mining Enterprises Inc., with a commitment to invest $3 million in development over four years. The move, which includes the historical Kachiwiss Uranium deposit, marks the company’s significant entry into the uranium sector, complementing its battery metals portfolio. The agreement also includes a provision for Victory to reduce the retained Gross Metal Royalty by paying Globex $1 million.
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