Transformational U.S. Uranium Transaction Snow Lake Energy Acquires the Advanced Pine Ridge Uranium Project in Wyoming Through a Strategic Partnership with Global Uranium and Enrichment Limited

Winnipeg, Manitoba–(Newsfile Corp. – March 12, 2025) – Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) (" Snow Lake "), a uranium exploration and development company, is pleased to announce that it has entered into a 50/50 joint venture (the " Joint Venture ") with Global Uranium and Enrichment Limited (" GUE ") (ASX: GUE), to acquire 100% of the Pine Ridge Uranium Project (" Pine Ridge ") in the Powder River Basin in Wyoming, United States. In addition, Snow Lake will become a cornerstone investor in GUE though the acquisition of a 19.99% interest in GUE by participating in GUE’s proposed AUD$9 million capital raise.

This acquisition and investment positions Snow Lake at the forefront of the uranium supply chain, securing exposure to significant and large uranium JORC 2012 1 resources in the United States, while also gaining access to next-generation uranium enrichment technology. For more information […]

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