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AuKing Mining to Release Shares from Escrow Following Uranium Project Acquisition

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An update from AuKing Mining Ltd ( (AU:AKN) ) is now available.

AuKing Mining Ltd announced the release of 10,714,286 fully paid ordinary shares from voluntary escrow, effective on 28 April 2025. This release is connected to the company’s acquisition of the Grand Codroy uranium exploration project in Newfoundland, Canada, which was initially announced in October 2024. The release of these shares marks a significant step in the company’s strategic expansion in the uranium sector, potentially impacting its market positioning and stakeholder interests.

More about AuKing Mining Ltd

AuKing Mining Ltd is a company in the mining industry, focusing primarily on the exploration and development of uranium projects. The company is involved in the acquisition and management of mining assets, with a market focus on expanding its portfolio in strategic locations such as Newfoundland, Canada.

Technical Sentiment Signal: Buy

Current Market Cap: A$4.02M

See more insights into AKN stock on TipRanks’ Stock Analysis page.

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