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An update from Medallion Resources ( (TSE:GAMA) ) is now available.
Gamma Resources Ltd. has successfully closed its non-brokered private placement, raising a total of $1,320,000. This financing will enable the company to fund initial work on its uranium properties in Utah and New Mexico and advance its rare-earth extraction technology. With the strengthened financial position, Gamma Resources is poised to capitalize on the growing momentum in the nuclear energy sector, supported by favorable U.S. policies and a rising uranium market.
More about Medallion Resources
Gamma Resources Ltd. operates in the mining industry, focusing on uranium properties and rare-earth extraction technology. The company is strategically positioned in the nuclear energy sector, particularly in the U.S., and has a market focus on uranium mining and advanced reactor technologies.
Average Trading Volume: 70,549
Technical Sentiment Signal: Hold
Current Market Cap: C$3.27M
For detailed information about GAMA stock, go to TipRanks’ Stock Analysis page.