August 30, 2023 BY Elizabeth Anderson

Basin Energy adopts 60% ownership of Geikie Uranium Project

Basin Energy reported that the company completed all the necessary expenditure requirements – $2.5m in total – to purchase the ownership stake, which partners them with CanAlaska Uranium Limited. The agreement commenced in April 2022 and was completed this summer. Alongside this announcement, Basin Energy reported $5.2m cash reserves, which will fund the project in…

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