Snow Lake Resources to acquire Global Uranium and Enrichment for AUD44.5m.

Snow Lake Resources, a Nasdaq-listed nuclear fuel cycle and critical minerals company, agreed to acquire Global Uranium and Enrichment, an Australian-listed uranium exploration and development company, for AUD44.5m. “The acquisition of GUE is another step in our strategy to create a U.S. focused nuclear fuel cycle company. Combining our assets with those of GUE is a natural fit for our strategy, as it consolidates our joint venture with GUE on the Pine Ridge uranium project in the prolific Powder River Basin in Wyoming, allowing for an expedited pathway to development and eventual production," Frank Wheatley, Snow Lake Resources CEO.