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Appia Rare Earths & Uranium Corp. Receives $98,355.52 Saskatchewan TMEI Grant & $126,542.57 Deficiency Deposit Refund
Newsfileยท 2025-07-23 11:30
Core Insights - Appia Rare Earths & Uranium Corp. has achieved significant funding milestones to support its 2025 exploration programs in Saskatchewan [1] Funding Achievements - The company received a grant of $98,355.52 from the Saskatchewan Targeted Mineral Exploration Incentive (TMEI) program, which covers 25% of qualifying exploration costs [2] - A full refund of $126,542.57 was received for a deficiency deposit related to the Otherside property, allowing the company to maintain 100% ownership [3] Use of Funds - The total funding of $224,898.09 from the TMEI grant and deficiency deposit will be allocated to follow-up drilling and geophysical surveys on the Otherside and Alces Lake properties [5] Company Overview - Appia is focused on rare earth elements and uranium exploration, holding rights to significant properties in Saskatchewan and Ontario, including the Alces Lake property and Otherside property [7] - The company has a total of 168.4 million common shares outstanding and 207.7 million shares fully diluted [8]