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Megawatt Acquires Promising Uranium Property
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Megawatt Acquires Promising Uranium Property

Megawatt Lithium And Battery Metals Corp. (TSE:MEGA) has released an update.

Megawatt Lithium and Battery Metals Corp. has expanded its clean-energy portfolio with the strategic acquisition of the Benedict Mountains Uranium Property in Labrador, Canada, and has successfully closed a non-brokered private placement. The company’s CEO highlights the uranium property’s potential amid a growing market demand and rising uranium prices, aligning with global nuclear power capacity expansion plans. These developments are set to position Megawatt at the forefront of the clean energy sector and enhance shareholder value.

For further insights into TSE:MEGA stock, check out TipRanks’ Stock Analysis page.

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