C29 Metals Limited (AU:C29) has released an update.
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C29 Metals Limited faces a temporary setback as their initial application for the transfer of ownership of Ulytau Resources Limited is refused by the Kazakhstan government. The company is actively working with government advisers to address concerns and plans to reapply for approval while pausing exploration activities to conserve resources. C29 remains optimistic about resolving the issue and continuing their operations in the promising Ulytau uranium project.
For further insights into AU:C29 stock, check out TipRanks’ Stock Analysis page.
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