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Strategx Elements Corp STRXF


Primary Symbol: C.STGX

StrategX Elements Corp. is a Canada-based exploration company. The Company is focused on the discovery of cobalt and associated energy transition metals in northern Canada. The Company’s property portfolio of over five stand-alone projects is situated on the East Arm of the Great Slave Lake, Northwest Territories and on the Melville Peninsula, Nunavut. The Company has a 100% interest in Project 939 and EA South Project located in the Northwest Territory, Canada. Project 939 and EA South Project comprise approximately 12 prospecting permits (93,821 hectares) and over 16 mining claims (12,638 hectares). The Company staked over 13 claims, approximately 9,646 hectares located adjacent and outside of the Mel Project in the Melville Peninsula region of Nunavut, Canada. Its projects also include Project NagVaak, Nunavut, Canada, and Project Mel, Nunavut, Canada.


CSE:STGX - Post by User

Post by sdhakaon Jun 18, 2024 5:54pm
75 Views
Post# 36094940

StrategX Elements Secures Funding for New Uranium Projects!

StrategX Elements Secures Funding for New Uranium Projects!
StrategX Elements Secures Funding for New Uranium Projects!

 

Positive news for StrategX Elements (STGX.CN)!

 

The company just announced a $4.5 million private placement. This funding is a key step as StrategX focuses on its new uranium projects in Argentina.

Fundamental Research Corp. analysts view this as a positive development. It comes on the heels of another interesting move in the Argentina uranium space.

 

Earlier this month, BSK brought in a partner to fully finance and advance their Ivana project. This strategic deal frees up StrategX's resources to focus entirely on their new early-stage projects.

 

With fresh funding and a strategic shift, StrategX is well-positioned to make progress on its new uranium acquisitions. This could be a significant growth opportunity for the company.

What do you all think about this news for StrategX Elements? Is this a sign of exciting things to come?

 

 


Disclaimer: FRC provides issuer-paid coverage. Past performance is not indicative of future results.
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