Bedford Metals Completes Close Lake Uranium Project Option Agreement [Financial Post (Toronto, Ontario, Canada)]
Cameco Corporation (CCJ)
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Source: Financial Post
VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) — Bedford Metals Corp. (TSX-V: BFM) (the “Company” or “Bedford”) is pleased to announce that following a successful diligence review, it has elected to enter into a definitive option agreement (the “Agreement”) with an arm's-length party pursuant to which it has been granted the rights to acquire the Close Lake Uranium Project, a further addition to the Company's mineral project portfolio. The Close Lake Uranium Project lies on the eastern side of the Athabasca Basin, adjoining claims held by Cameco Corporation, the largest uranium producer in the world. The Project is approximately 245 hectares and lies within the primary exploration corridor, which hosts the Keys Lake mine, the Cigar Lake Mine and the McArthur River Mine. The property is accessible through a network of roads and trails. Article content Article content After completing due diligence, Bedford elected to proceed with a definitive agreement, recognizing
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