Group 1 - Oberon Uranium Corp. has executed an option agreement with ESN Investment Corp. to acquire a 100% interest in the SL Project, which consists of 23 claim units covering 1,101.7 hectares located near Lac Brisson in Nunavik, Quebec [1][2] - The SL Project is situated approximately 3 kilometers southwest of Torngat Metals' Strange Lake project, which is known for rare earths and has a proposed 59-hectare open pit mine [1] - To complete the acquisition, Oberon is required to make total cash payments of $250,000, with $170,000 already paid upon execution of the agreement and an additional $80,000 due by the first anniversary of the agreement [2] Group 2 - Oberon Uranium Corp. is a mineral exploration company with a 100% interest in the past producing Lucky Boy Uranium Property located in Arizona, USA [3]
Oberon Uranium Executes Option Agreement for the SL Project
Newsfile·2025-09-11 01:30