Base Resources Limited (AU:BSE) has released an update.
Base Resources Limited has announced a proposed acquisition by Energy Fuels Inc., aiming to create a global leader in critical minerals. The agreement, detailed in a scheme implementation deed, follows Base Resources’ promising pre-feasibility study outcomes for the Toliara Project’s monazite stream, which doubles its net present value. While forward-looking statements indicate potential risks and are based on projections that could change, Base Resources holds no obligation to update these statements post-announcement.
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