Mamba Exploration Limited (ASX:M24) Withdraws from Canary Project
Withdrawal Announcement
Mamba Exploration Limited (ASX:M24) has announced its withdrawal from the three-year earn-in option agreement with Standard Uranium Limited regarding the Canary Uranium Project. The decision follows an internal review concerning the financial commitments necessary to advance beyond Stage 1 of the earn-in process.
Strategic Focus
This withdrawal will enable Mamba to concentrate its resources on other projects within its portfolio that align more closely with its strategic objectives. The company has expressed its best wishes to Standard Uranium for the future exploration of the Canary project.
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