Live Energy Minerals Corp. has entered an option agreement to acquire 100% interest in two mineral claims near Plaster Rock, New Brunswick, covering uranium-copper mineralization. The claims have historical high-grade samples but remain underexplored and undrilled. The company will issue 4 million shares over two years to exercise the option, with no cash payments or minimum exploration required. The seller retains a 2% royalty, half of which can be bought back for $500,000. This acquisition expands Live Energy's North American mining portfolio and offers potential for new uranium-copper discoveries.
Live Energy Minerals' recent option agreement for the Plaster Rock property provides context for readers following mineral exploration news. For readers following Basic Materials stocks, here is Pluang's market snapshot as of Oct 21, 2026 03:36 WIB: out of 83 priced stocks, 36 rose and 46 fell. AngloGold Ashanti Limited (AU) traded at USD 91.30 with a 1-day change of +2.76%, while Century Aluminum Company (CENX) saw a 2.68% decline to USD 33.44.
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