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β Uranium M&A
PLUS: Lithium Hit In S.A.
Greetings Contrarian,
Error: Yesterday at this most wonderful newsletter we mistakenly published the most AMAZING holes you've ever seen by New Found Gold β it was a mistake, and we've fixed it in the web version here: https://thenextbigrush.com/p/yukon-gold-jackpotβ¦
Thanks for your patience.
No more hard liquor for us.
Source: Trading Economics, Numerco.
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and mow the backyard grass.
Here are the highlights:
π Uranium M&A
π Lithium Hit In S.A.
π¦ Tweet Of The Day
π Uranium M&A
ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) announced its buying Latitude Uranium Inc. (CSE: LUR) (at a 68% premium) and 92 Energy Limited (ASX: 92E) (at a 78% premium).
These acquisitions are part of ATHA's broader strategy to create Canada's premier exploration company, focusing on uranium. The transactions will be funded by raising approximately C$14 million.
Benefits include access to significant uranium resources, increased market capitalization, improved liquidity, and stronger institutional interest.
Wink wink, nudge nudge β ETFs here we come!
π Lithium Hit In S.A.
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) reports results from the ongoing drilling program at the Salinas Lithium Project, Minas Gerais State, Brazil.
Highlights:
27.6m of 1.13% Li2O, including 9m of 1.34% Li2O β their best finding ever
11.9m of 1.60% Li2O
9.8m of 1.45%
This is located approximately 100 kilometres north of the companyβs Itinga group of properties, which hosts the Feasibility-stage Bandeira lithium project and the Outro Lado lithium deposit.
π° In Other News:
π¦ Tweet Of The Day
Breaking!π₯π¨"The Prohibiting Russian #Uranium Imports Actπ has been scheduled for consideration next week under an expedited procedure that requires two-thirds majority to pass. Support for a ban on the import of #Nuclear reactor fuel from #Russia is growing among bothβ¦ twitter.com/i/web/status/1β¦
β John Quakes (@quakes99)
8:13 PM β’ Dec 6, 2023
π€£ Meme Of The Day
An illustrated guide to the finance industry:
β coloradotravis (@coloradotravis)
12:19 AM β’ Dec 7, 2023
How Are We Doing?Today's mining news was: |
Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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