Global Uranium and Enrichment Says Canadian Clean Energy Firm Completes Due Diligence

MT Newswires Live

04/11

Global Uranium and Enrichment (ASX:GUE) said that Snow Lake Resources has completed due diligence on its assets, according to a Friday filing with the Australian bourse.

The company has also raised AU$10 million from institutional and sophisticated investors through a conditional placement, the filing said.

The placement, subject to shareholder approval, is expected to settle on April 17, the filing added.

Shares of the company rose past 4% on market close.

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