Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Valleyview Resources Ltd. ( (TSE:HLU) ) has provided an announcement.
Homeland Uranium Corp. has completed the acquisition of the Skull Creek Uranium Project in Colorado, which is strategically located near its existing Coyote Basin Project. This acquisition is expected to provide operational synergies and strengthen Homeland’s position in the district, as the company aims to upgrade the uranium deposits to modern standards and contribute to the domestic uranium supply chain in the U.S. The transaction involved a payment of $300,000 and the issuance of 750,000 common shares to Hightest Resources, with additional royalty and contingency payments based on future resource definitions.
More about Valleyview Resources Ltd.
Homeland Uranium Corp. is a mineral exploration company focused on becoming a premier US-focused uranium explorer and developer. The company owns the Coyote Basin, Skull Creek, and Red Wash uranium projects in the Colorado Plateau, a historically significant uranium-producing region in the United States.
Average Trading Volume: 329,519
Technical Sentiment Signal: Buy
For detailed information about HLU stock, go to TipRanks’ Stock Analysis page.