11:57 AM EDT, 10/23/2024 (MT Newswires) -- C2C Metals ( CTCGF ) said on Wednesday it acquired five uranium-vanadium properties comprising about 5,400 acres in the Colorado portion of the Uravan Mining District.

The company said it paid US$66,760 in cash, $90,000 in shares and granted the sellers a 1% net smelter royalty.

C2C said the properties were selected based on historical information from previous exploration, indicating that specific targets hosted either drill-defined historical estimated uranium and vanadium mineral resources, or areas specifically targeted for drilling by historical operators.

C2C shares were last seen up $0.01 to $0.15 on the Canadian Securities Exchange.

Price: 0.15, Change: +0.01, Percent Change: +7.14