Dark Star to Acquire Namibian Uranium Projects

Critical One makes strategic uranium asset divestment

Dark Star Minerals has entered into an acquisition agreement with Critical One Energy to acquire its interests in the Khan and Cobra Uranium Projects.

Dark Star to Acquire Namibian Uranium Projects

Dark Star Minerals (CSE:BATT) has announced its intent to acquire 100% of Critical One’s (CSE:CRTL) Cobra North and Khan West uranium projects in Namibia’s Erongo province. The deal involves a payment of US$760,000 and the issuance of 14.2 million shares priced at $0.10 each. Critical One will also receive a 2% overriding royalty on each project, payable upon commencement of production, with Dark Star holding the option to repurchase 0.5% of eac…

Dark Star Minerals looks to acquire 100% of it's interests in the Khan and Cobra Uranium Projects

Dark Star Minerals Inc., a well-managed, uranium-focused, publicly-listed company, has entered into an acquisition agreement with Critical One to acquire 100% of its interests in the Khan and Cobra Uranium Projects, located in Namibia’s highly prospective Erongo uranium province. “Divesting the Company’s uranium assets and focusing on the Howells Lake Antimony-Gold Project enhances our shareholder …