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Greenvale Energy Expands Uranium Portfolio with Oasis Project Acquisition

Story Highlights
  • Greenvale Energy has acquired the Oasis Uranium Project, expanding its uranium portfolio.
  • Field exploration and drilling preparations are underway, enhancing Greenvale’s industry position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Greenvale Mining ( (AU:GRV) ) has shared an update.

Greenvale Energy Limited has completed the acquisition of the Oasis Uranium Project in Queensland, marking a significant expansion of its uranium portfolio. The company is mobilizing field exploration crews and preparing for drilling activities at the Oasis site and its Northern Territory projects, which are expected to commence soon, subject to weather conditions. This acquisition and the subsequent exploration activities are poised to enhance Greenvale’s position in the uranium industry, offering a promising opportunity for shareholders with the potential development of high-grade uranium deposits.

More about Greenvale Mining

Greenvale Energy Limited operates in the energy sector, focusing on uranium exploration and development. The company has a portfolio of uranium projects, including the recently acquired Oasis Uranium Project in Queensland and several projects in the Northern Territory.

YTD Price Performance: -40.0%

Average Trading Volume: 112

Technical Sentiment Signal: Strong Buy

Current Market Cap: $16.8M

Learn more about GRV stock on TipRanks’ Stock Analysis page.

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