UraniumX Discovery Enters Into Option Agreement With Pond Technologies Regarding Zoo Bay Uranium Project
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UraniumX Discovery has entered into a letter of intent with Pond Technologies Holdings to form an option agreement for the Zoo Bay Uranium project. This agreement will facilitate a change of business and reverse takeover (RTO) under TSX Venture Exchange policies. Following the announcement, shares of UraniumX Discovery fell 4% to $0.12 on the Canadian Securities Exchange.
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