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Global Uranium Secures Pine Ridge, Raises A$10M, Accelerates US Growth

4:49am on Monday 2nd of June, 2025 AEST Mining
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Global Uranium Secures Pine Ridge, Raises A$10M, Accelerates US Growth

4:49am on Monday 2nd of June, 2025 AEST
Key Points
  • Completed 100% acquisition of Pine Ridge Uranium Project via 50/50 JV with Snow Lake Energy
  • Pine Ridge Exploration Target range of 24.4–51.3 million pounds U3O8 at 0.031%–0.040% grade
  • Raised A$10 million placement; Snow Lake acquired 19.9% equity stake
  • Progress on Tallahassee, Maybell, Rattler, Athabasca uranium projects and regained full Lake Johnston ownership
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