Ryan Mee, CEO of Fulcrum Metals, sale of its uranium projects located in Saskatchewan, Canada. Share Talk [Video]

Ryan highlighted how this deal validates Fulcrum’s business model by bringing in $3.36 million CAD in cash and shares, plus $3.25 million CAD in exploration commitments, which benefits shareholders through non-dilutive funding and potential royalties.

This deal brings in non-dilutive funding, cash inflow, shares in Terra Balcanica, and potential royalties from future discoveries.

Fulcrum Metals is focusing on reprocessing gold tailings, particularly in the Kirkland Lake area, with significant potential in projects like Tully and Big Bear, which are poised for further development and exploration.

Ryan Mee, Chief Executive Officer of Fulcrum, commented: “We are thrilled to announce the signing of a definitive option agreement for the sale of our uranium assets in Canada. This strategic move not only provides us with the capital to advance our innovative and environmentally friendly tailings processing assets, Teck-Hughes and Sylvanite, and focus on our gold exploration projects but also validates our business model of identifying low entry-level assets and crystallizing …