Basin Energy (ASX:BSN) completed the acquisition of a uranium and green energy metals portfolio in Scandinavia through the purchase of 100% of the issued capital in Norway-based Normetco, according to a Thursday filing with the Australian bourse.
The company issued roughly 18.5 million shares and 4.6 million options for the acquisition, with an exercise price of AU$0.10 for three years, and contingent consideration of up to AU$2 million payable upon certain milestones, the filing said.