Radiant Uranium issues 4,000,000 shares, pays $20,000 to close Cross Lake uranium property option deal
Bitget2026/10/06 08:30Radiant Uranium completed an option transaction to acquire the 2,048-hectare Cross Lake uranium property in Saskatchewan’s Athabasca Basin. Paid $20,000 to Bromell Mining LLP, satisfying the initial cash condition tied to CSE approval. Option terms target 100% ownership, subject to a 1% net smelter return royalty. Remaining commitments include $180,000 in cash payments, $250,000 in exploration spending by the third anniversary. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radiant Uranium Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202610060430TNWSWRCACNPR_____1AlpFlOyK) on October 06, 2026, and is solely responsible for the information contained therein.
- Radiant Uranium completed an option transaction to acquire the 2,048-hectare Cross Lake uranium property in Saskatchewan’s Athabasca Basin.
- Paid $20,000 to Bromell Mining LLP, satisfying the initial cash condition tied to CSE approval.
- Option terms target 100% ownership, subject to a 1% net smelter return royalty.
- Remaining commitments include $180,000 in cash payments, $250,000 in exploration spending by the third anniversary.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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