Welcome to our dedicated page for Snow Lake Resources news (Ticker: LITM), a resource for investors and traders seeking the latest updates and insights on Snow Lake Resources stock.
Snow Lake Resources Ltd. (NASDAQ: LITM), doing business as Snow Lake Energy, regularly publishes news and updates that describe its activities across the nuclear fuel cycle and critical minerals sectors. Company announcements highlight its U.S.-focused uranium exploration projects, interests in uranium enrichment technology, and initiatives in small modular reactors, together with exploration-stage critical minerals projects and related investments.
News releases frequently cover technical and operational updates from the Pine Ridge Uranium Project in the Powder River Basin of Wyoming, where Snow Lake reports extensive drilling programs under a joint venture with Global Uranium and Enrichment Limited. These updates include descriptions of drill results, mineralized roll fronts, and geological interpretations for this In-Situ Recovery uranium exploration project. Additional releases address the Engo Valley uranium project in Namibia and other uranium assets referenced in the company’s strategy.
Snow Lake’s news flow also includes corporate and strategic developments, such as its proposed acquisition of all remaining shares of Global Uranium and Enrichment Limited, its indirect exposure to Ubaryon’s uranium enrichment technology, and the launch of Kadmos Energy Services LLC, a U.S.-based company focused on small modular light water reactors. Further announcements discuss option agreements and exploration plans for critical minerals projects like the Mound Lake Gallium Project in Ontario, as well as commentary on policy developments such as the designation of uranium as a critical mineral by U.S. authorities.
Investors and observers following LITM news can therefore expect a mix of exploration results, project-level updates, transaction-related disclosures, and commentary on nuclear and critical mineral policy, reflecting Snow Lake’s stated goal of advancing a U.S.-focused nuclear fuel cycle and critical minerals business.
Snow Lake Energy (Nasdaq: LITM) issued a shareholder letter following completion of its strategic acquisition of Global Uranium and Enrichment Limited (GUE) on February 17, 2026. The transaction expands Snow Lake's U.S. uranium resource base, adds the Pine Ridge project in Wyoming, and increases interests in Colorado projects.
The company is now the largest shareholder of Ubaryon and holds an investment in Kadmos Energy to participate in SMR deployment. Key 2026 initiatives include advancing U.S. uranium projects, supporting enrichment development, assisting SMR deployment, and evaluating further nuclear fuel cycle opportunities.
Snow Lake Energy (NASDAQ: LITM) completed the acquisition of Global Uranium and Enrichment Limited on February 13, 2026, expanding its uranium assets and strategic investments. The deal consolidates U.S. uranium exploration and development projects, including Pine Ridge in Wyoming, adds a cornerstone stake in Ubaryon enrichment technology, and gains exposure to SMR deployment via Kadmos Energy.
Snow Lake says it will focus in 2026 on advancing U.S. project development, supporting Ubaryon’s enrichment progress, assisting Kadmos Energy’s SMR deployment, and evaluating further nuclear fuel cycle opportunities.
Snow Lake Energy (NASDAQ: LITM) is advancing to complete its acquisition of Global Uranium and Enrichment Limited (GUE) after shareholder approvals and a Federal Court of Australia order.
Key dates: Effective Date 4 Feb 2026, Implementation Date 13 Feb 2026, New Snow Lake shares expected to commence Nasdaq trading 16 Feb 2026; GUE to be delisted from ASX 16 Feb 2026. Schemes amended to make Nasdaq approval a post-closing condition.
Snow Lake Energy (NASDAQ: LITM) extended its option agreement with Canadian Uranium for the Mound Lake Gallium Project by one year to allow additional 2026 exploration planning. Mound Lake comprises 243 claims covering over 4,800 hectares in the Thunder Bay district and is considered prospective for gallium, lithium, cesium, tantalum and other rare earths. Historical 2023 work returned 12 bedrock grab samples >50 ppm gallium with a maximum of 110.5 ppm and over 70% above average crustal values (~19 ppm). The underlying option lets Snow Lake earn up to 80% interest via exploration expenditures and cash payments over two years.
The extension coincides with the U.S. Proclamation on processed critical minerals and highlights gallium's strategic importance given current import reliance.
Snow Lake Energy (NASDAQ: LITM) completed a 2025 drill program at the Pine Ridge uranium project in Wyoming, a 50/50 joint venture with Global Uranium and Enrichment. The program drilled 114 holes (38,000 m) and confirmed widespread, continuous roll-front uranium mineralization across multiple sandstone packages, identifying at least 25 mineralized roll fronts. Best assays included 2.6m at 0.101% U3O8 (including 2.0m at 0.124%). Mineralization occurs in stacked sandstones 200–400m deep, appears hydrologically isolated, and is potentially amenable to in-situ recovery (ISR).
Snow Lake Energy (NASDAQ: LITM) announced that Global Uranium and Enrichment Limited has dispatched its Scheme Booklet to all GUE securityholders on 23 December 2025 for meetings to approve Snow Lake's proposed acquisition of GUE under two schemes (Share Scheme and Option Scheme).
The Booklet includes the Independent Expert's Report (BDO), which concluded both schemes are fair and reasonable in the absence of a Superior Proposal, and the GUE Independent Directors' unanimous recommendation to vote in favour, subject to the same qualifications.
Snow Lake Energy (NASDAQ: LITM) announced that Global Uranium and Enrichment Limited's (GUE) Scheme Booklet has been registered by the Australian Securities and Investments Commission and will be dispatched to GUE securityholders on or around 23 December 2025.
The Booklet includes the Independent Expert's Report by BDO, which concluded the Share Scheme and Option Scheme are fair and reasonable in the absence of a superior proposal, and the unanimous recommendation of GUE independent directors to vote in favour, subject to the same qualifications.
Key dates: Share and Option Scheme meetings on 27 January 2026, Court approval hearing on 3 February 2026, Effective Date 4 February 2026, implementation and issue of New Snow Lake Shares and warrants on 13 February 2026, and New Snow Lake Shares to commence trading on Nasdaq and GUE delisting from ASX on 16 February 2026.
Snow Lake Energy (NASDAQ: LITM) provided an update on its proposed acquisition of the remaining shares and cancellation of options in Global Uranium and Enrichment (GUE) via two court‑ordered schemes of arrangement.
The Federal Court of Australia ordered GUE to convene Share Scheme and Option Scheme meetings on 27 January 2026 in Sydney and approved dispatch of a Scheme Booklet following registration with ASIC. Registered GUE securityholders as of 7:00 pm (AEDT) on 25 January 2026 may vote.
The Independent GUE Board unanimously recommended the Schemes, subject to no Superior Proposal and the independent expert concluding the Schemes are in shareholders’ best interests; board members intend to vote 5,270,594 shares and 750,000 options in favour.
Snow Lake Energy (NASDAQ: LITM) announced a shareholder update from private Australian developer Ubaryon detailing progress on its 100% owned uranium enrichment technology and related projects.
Key points: Urenco funded investment creates a pathway to TRL 5 within three years subject to technical milestones; Ubaryon is currently assessed at TRL 4; GUE holds 21% of Ubaryon and Snow Lake holds 19.9% of GUE with Snow Lake acquiring remaining GUE shares; Ubaryon expanded technical staff, continues chlorine isotope work, lodged a provisional patent for a sorbent powder, and maintains compliance with ASNO and DEC oversight.
Snow Lake Energy (NASDAQ: LITM) reported additional assay results from 45 drill holes at the Pine Ridge uranium project in the Powder River Basin, Wyoming, a 50/50 joint venture with Global Uranium and Enrichment Limited.
Key highlights include 2.6m at 0.101% U3O8 (1,010 ppm) in PR25-093 including 2.0m at 0.124% U3O8, multiple other intercepts (e.g., 2.6m at 0.048%, 0.8m at 0.117%), and confirmation of stacked roll-front mineralization hosted in two major sandstone units at depths of ~200–300m and ~335–400m.
The 2025 drill program has been completed with 114 holes totaling 38,000m; final assay results for the remaining holes will be announced shortly. Technical data reviewed by Qualified Person Ron Scott PhD, PGeo.