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Canadian firm to acquire uranium assets in Namibia

CANADIAN-LISTED Vatic Ventures Corporation (Vatic) has received approval to purchase rights to two exclusive prospecting licences in the Erongo region after a 13-month wait. Vatic signed an agreement with Velvet Clean Energy Corporation (Velvet) to acquire an interest in two uranium properties in Namibia in April 2025 and June 2025. Vatic announced on Friday that […] The post Canadian firm to acquire uranium assets in Namibia appeared first on The Namibian .

The Namibian16 Jun 2026, 01:00 pm
Canadian firm to acquire uranium assets in Namibia

CANADIAN-LISTED Vatic Ventures Corporation (Vatic) has received approval to purchase rights to two exclusive prospecting licences in the Erongo region after a 13-month wait.

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Vatic signed an agreement with Velvet Clean Energy Corporation (Velvet) to acquire an interest in two uranium properties in Namibia in April 2025 and June 2025.

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Originally published by The Namibian on 16 Jun 2026, 01:00 pm. View original article
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