Labrador Uranium Announces Transformational Acquisition Of The Angilak Property, Creating A Premier Canadian Uranium Company
Acquiring Company
Labrador Uranium
Acquired Company
Harbert Management Corporation
BirminghamEnergyMiningMineralFinancial ServicesDescription
Labrador Uranium Inc. (“Labrador Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that today it entered into an arm’s length definitive agreement (the “Arrangement Agreement”) with ValOre Metals Corp. (“ValOre”) pursuant to which LUR will acquire ValOre’s Angilak Property located in Nunavut Territory, Canada (the “Angilak Property”), all by way of a court-approved plan of arrangement (the “Arrangement”). LUR is also pleased to announce that Mr. John Jentz is expected to join LUR as Chief Executive Officer and Director of the Company, and that two additional Directors appointed by ValOre, including Jim Paterson, ValOre’s Chairman and Chief Executive Officer, will be nominated for election to the Board of Directors at the Company’s next annual general meeting.
Quick answer
Labrador Uranium is acquiring Harbert Management Corporation, announced March 13, 2023.
- How much did Labrador Uranium pay for Harbert Management Corporation?
- The deal value was not disclosed.
- What does Labrador Uranium do?
- Labrador Uranium is engaged in the exploration and development of uranium projects in Labrador, Canada and holds a dominant land position with 52 Mineral Licences covering 152,825 ha in the prolific Central Mineral Belt..
- Where are Labrador Uranium and Harbert Management Corporation based?
- Harbert Management Corporation is based in Birmingham, Alabama, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Harbert Management Corporation?
Harbert Management Corporation was acquired by Labrador Uranium. The deal was reported on March 13, 2023. Labrador Uranium is privately held and operates in Energy.
When did Labrador Uranium acquire Harbert Management Corporation?
Labrador Uranium's acquisition of Harbert Management Corporation was reported on March 13, 2023. Labrador Uranium Inc. (“Labrador Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that today it entered into an arm’s length definitive agreement (the “Arrangement Agreement”) with ValOre Metals Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Harbert Management Corporation do?
HUSREF VII is an investment vehicle of Harbert Management Corporation (“HMC”), which closed on April 28, 2021. It is privately held, operating in Financial Services, and is based in Birmingham.
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