Resources Firm Completes Investment in American Uranium

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American Uranium (ASX:AMU) said Nasdaq-listed Snow Lake Resources completed its investment in the company and now holds a 9.9% stake, according to a Tuesday filing with the Australian bourse.

Snow Lake Resources owns a 50% interest in the Pine Ridge joint venture project in Wyoming with Global Uranium and Enrichment (ASX:GUE), which borders American Uranium's Lo Herma project, the filing said.

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