Question: On November 15, 2017, Uram Mining Ltd. announced that it will be purchasing a 32% share in the newly incorporated White Shell Supplies Company. Uram

On November 15, 2017, Uram Mining Ltd. announced that it will be purchasing a 32% share in the newly incorporated White Shell Supplies Company. Uram Mining Ltd. owns and operates a mining operation focused on uranium extraction. White Shell Supplies is located in Northern Saskatchewan and manufactures parts and supplies for mining equipment. Is this a non-strategic investment or a strategic investment by Uram Mining Ltd.? Explain.

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