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Azarga Uranium Included in Index Composition for Global X Uranium ETF
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Azarga Uranium Corp : Azarga Uranium Included in Index Composition for Global X Uranium ETF
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Azarga Uranium : Included in Index Composition for Global X Uranium ETF
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Tees River Uranium Fund / Tees River Critical Resources Fund Increases Stake In Azarga Uranium to 10 9%
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WHITE ROCK, BC / ACCESSWIRE / March 11, 2021 / AZARGA URANIUM CORP. (TSX:AZZ)(OTCQB:AZZUF)(FRA:P8AA) ( Azarga Uranium or the Company ) is pleased to announce that AK Jensen Investment Management Ltd through its Tees River Uranium Fund and Tees River Critical Resources Fund has increased its ownership of the Company to 10.94% of the issued and outstanding common shares on a non-diluted basis and 12.58% on a fully diluted basis.
Blake Steele, Azarga Uranium President and CEO stated: we are very pleased that a strategic, institutional investor continues to see solid value in our shares and has increased their ownership interest in Azarga Uranium as we advance our portfolio of high quality uranium assets in the United States. Our flagship asset, the low-cost Dewey Burdock Project, is one of the preeminent undeveloped in-situ recovery uranium projects in the USA, boasting robust project economics, and we are aggressively moving towards construction.