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Uranium merger between Fission, Alpha Minerals creates bigger target

from Financial Post

The co-owners of a landmark Saskatchewan uranium discovery are coming together in a deal that they hope will be a precursor to a much bigger sale in the future. Ever since junior miners Fission Uranium and Alpha Minerals started to release spectacular drilling results from their Patterson Lake South project last year, investors viewed a merger of the two companies as a logical move. It would give them greater scale, make them more appealing to large investors and create a potential takeover target for a senior producer. more

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