Snow Lake Resources Ltd. surged 14.42% in after-hours trading following the U.S. government’s designation of uranium as a critical mineral, a move expected to bolster demand for the company’s resources amid heightened focus on energy security. The stock’s jump also aligns with recent announcements, including the launch of its Kadmos Energy Services division, the acquisition of Global Uranium to create a U.S.-focused nuclear fuel cycle company, and strong exploration results from its Pine Ridge and Maybell uranium projects. These developments position Snow Lake to benefit from growing nuclear energy initiatives and supply chain resilience efforts, driving investor optimism in the after-hours session.
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