Snow Lake Invests $10 Million for 49% Stake in Kadmos Energy Services

Reuters
Oct 21
Snow Lake Invests $10 Million for 49% Stake in Kadmos Energy Services

Snow Lake Resources Ltd., operating as Snow Lake Energy, has announced a strategic equity investment of up to US$10 million in Kadmos Energy Services LLC, a newly launched U.S.-based nuclear energy company focused on the design and deployment of small modular reactors. Snow Lake will hold a 49% ownership stake in Kadmos, with an initial investment of US$2 million already completed. The remaining funds will be contributed over time in either cash or shares at Snow Lake's discretion, supporting Kadmos' engineering and reactor development initiatives.

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