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-0.0120689655172413 -0.0432758620689654 -0.0603448275862068 -0.05 -0.0379310344827586 -0.0203275862068965 -0.0155172413793103 -0.0620689655172413
Stock impact report

Snow Lake to Acquire Global Uranium and Enrichment Limited Creating a U.S. Focused Nuclear Fuel Cycle Company [Yahoo! Finance]

Snow Lake Resources Ltd. (LITM) 
Company Research Source: Yahoo! Finance
Lake ), a uranium exploration and development company, is pleased to announce that it has entered into a definitive agreement (the " Agreement ") with Global Uranium and Enrichment Limited (" GUE "), to acquire 100% of the shares and options of GUE that it does not already own (the " Transaction "), in order to create a growth oriented, U.S. focused, nuclear fuel cycle company. Transaction Highlights The Transaction will create a company (the " Combined Group ") that will become one of the largest, fastest growing, U.S. focused uranium exploration and development companies, with one of the largest portfolios of uranium exploration and development projects in the U.S. The Combined Group will be a direct beneficiary of attractive long-term uranium fundamentals and the U.S. Administration's policies on accelerating the development of nuclear energy in the U.S. in order to ensure national, economic and energy security The Combined Group will also have an enhanced exposure to the b Show less Read more
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