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Why Global Uranium Is Raising Another A$2.5M Ahead of Snow Lake Merger

7:01pm on Monday 10th of November, 2025 AEDT Mining
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Why Global Uranium Is Raising Another A$2.5M Ahead of Snow Lake Merger

7:01pm on Monday 10th of November, 2025 AEDT
Key Points
  • Additional A$2.5 million funding via unsecured convertible notes
  • Funding supports business activities and merger scheme obligations
  • Subject to shareholder and Foreign Investment Review Board approvals
  • Convertible notes carry 12% annual interest and maturity up to nine months
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