Snow Lake Resources gains after investment in uranium and antimony projects

Frontier Nuclear and Minerals

22/07/2025 13:38

** Shares of uranium miner Snow Lake Resources LITM.O up 1.9% at $4.30 premarket

** Company says it will invest AUD$1.4 million in GTi Energy's AUD$4.5 million equity financing to support advancement of its 100% owned Lo Herma ISR amenable uranium project located in the Powder River Basin in Wyoming

** Company also acquired a 5% stake in Resolution Minerals RML.AX to assist in the U.S. goal to reduce dependence on rare-earth magnets from China

** As of last close, LITM shares down 66.2% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))