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Extract confirms ASIC submission

AUSTRALIAN uranium company Extract Resources has confirmed it has made submissions to the country's securities regulator about a potential downstream offer by China Guangdong Nuclear Power Holding Co, which is making a play for Extract's largest shareholder, Kalahari Minerals.

MiningNews.Net
Extract confirms ASIC submission

It follows confirmation of media speculation in London that Kalahari, which owns 43% of the uranium miner, had resumed discussions with the Chinese group. Under Australian law, companies making a fresh...

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