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Myriad Uranium Corp. Announces Expiration of Merger Intent with Rush Rare Metals

Story Highlights
  • Myriad Uranium Corp. is a uranium exploration company with projects in Wyoming and New Mexico.
  • The merger intent with Rush Rare Metals expired, but discussions continue for a future agreement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Myriad Uranium Corp. Announces Expiration of Merger Intent with Rush Rare Metals

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Myriad Uranium Corp ( (TSE:M) ) has provided an announcement.

Myriad Uranium Corp. announced the expiration of its letter of intent for a merger with Rush Rare Metals Corp. Despite the expiration, both companies remain in discussions for a potential future agreement. This development indicates Myriad’s ongoing efforts to expand its operations and strengthen its position in the uranium exploration industry.

The most recent analyst rating on (TSE:M) stock is a Buy with a C$1.35 price target. To see the full list of analyst forecasts on Myriad Uranium Corp stock, see the TSE:M Stock Forecast page.

More about Myriad Uranium Corp

Myriad Uranium Corp. is a uranium exploration company with a 75% interest in the Copper Mountain Uranium Project in Wyoming, USA, and a 100% interest in the Red Basin Uranium Project in New Mexico. The company focuses on exploring and developing uranium deposits, with significant historical resource estimates and exploration potential.

Average Trading Volume: 268,575

Technical Sentiment Signal: Buy

Current Market Cap: C$37.05M

For an in-depth examination of M stock, go to TipRanks’ Overview page.

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