Global Uranium signs option agreement with Forum Energy Metals to acquire up to 75% of Northwest Athabasca project stake.
Global Uranium has signed an option agreement with Forum Energy Metals to acquire up to 75% of Forum's stake in a joint venture with NexGen Energy. The deal involves Global Uranium obtaining up to 51% of Forum's interest in the Northwest Athabasca project in Saskatchewan by making $225,000 payments and issuing one million shares by 2027. The company is also obligated to cover Forum's contribution for exploration from 2025 to 2028.
May 30, 2024
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