Elevate Uranium (ASX:EL8) held cash of AU$28.9 million at the end of the June quarter, according to a Wednesday Australian bourse filing.
Over the quarter, the company increased its ownership of the Marenica uranium project to 90% while the project's resource increased 31% to 52.8 million pounds of uranium oxide, the filing added.
The company's shares rose 1% in recent Wednesday trade.
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