CAPITAL MARKETS

Artemis buys into Peru uranium play

EXPLORATION minnow Artemis Resources has strengthened its uranium portfolio by taking a 6% stake in Contact Uranium, whose Peru project has an in-ground metal value of over $1 billion.

Rebecca Lawson
Artemis buys into Peru uranium play

Artemis will receive 5 million shares priced at 50c apiece and options in Contact, for a cash consideration of $2.5 million. The equity acquisition will be number two for Artemis, which has already...

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