Uranium.io launches as a decentralized application on Tezos, making uranium trading accessible beyond institutional investors.

Supported by Curzon Uranium and Archax, Uranium.io breaks traditional barriers in uranium market with blockchain technology.

London, December 3, 2024 — Uranium.io , a groundbreaking marketplace for trading uranium, has launched on the Tezos blockchain as a decentralized application (dApp). This platform, supported by Curzon Uranium and Archax, democratizes access to uranium trading, historically limited to institutional investors. Curzon Uranium has facilitated over $1 billion in uranium trades, and Archax stands as the first crypto exchange registered in the UK.

The launch of Uranium.io responds to increasing global demand for uranium, fueled by governmental commitments to net-zero emissions and the significant energy needs of artificial intelligence technologies.Major tech companies, including Microsoft, Google, and Amazon, are expanding into nuclear energy, reflecting a broader trend of integrating AI with sustainable power solutions. For example, Microsoft […]

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Tezos launches Uranium.io, the world’s first decentralized uranium marketplace.

Physical uranium is tokenized and stored securely, ensuring transparency.

Opens uranium trading to smaller investors, reducing barriers.

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Tezos, a proof of stake blockchain, has unveiled the world’s first decentralised Uranium trading market place dubbed Uranium.io.Advertisement Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE . Takes 2 mins. According to a December 3 announcement , the platform has been deployed on Etherelink, a layer 2 blockchain on the Tezos network.AdvertisementUranium.io is a decentralized application, that will allow users to connect their digital wallets, complete Know Your Customer (KYC) verification, and trade the critical resource.The platform is the latest example of how the market for real-world assets (RWA) tokenization is opening up a previously inaccessible market for small investors. Tokenization involves creating […]

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December 03, 2024

Saga Metals Corp. ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discovery in Canada, is pleased to share the channel sample assay results from its inaugural field program at the Double Mer Uranium Project, located in eastern Labrador, Canada.

Key Channel Sample Assay Highlights: Ch-DM24-075 returned 0.87 meters at 0.062% U 3 O 8 (DNC)

Ch-DM24-056 returned 0.45 meters at 0.048% U 3 O 8 (DNC) Ch-DM24-078 returned 1.00 meter at 0.043% U 3 O 8 (DNC) Ch-DM24-053 returned 0.65 meters at 0.042% U 3 O 8 (DNC) Ch-DM24-081 returned 3.00 meters at 0.024% U 3 O 8 (DNC) Ch-DM24-078 returned 3.00 meters at 0.023% U 3 O 8 (DNC) Michael Garagan, CGO & Director of Saga Metals Corp. commented: "What should be noted as the most significant concept of these results is that we […]

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Revival Gold Kelowna, British Columbia–(Newsfile Corp. – December 3, 2024) – Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) (FSE: TO3) (" Strathmore " or " the Company ") is pleased to announce that the Company drilled two newly identified uranium roll fronts on the Beaver Rim project. Four drill holes were completed, including the discovery of the two mineralized zones on the South Sage claim group. The intercepts included 7.5 feet grading 0.042% eU 3 O 8 from 1,119-1,126.5 feet (hole BR-03-24) and 4.5 feet grading 0.024% eU 3 O 8 from 1,090-1,094.5 feet (hole BR-01-24).

The Beaver Rim areas drilled lie 1 to 3 miles south of Cameco’s fully permitted in-situ recovery Gas Hills project. The goals of the drilling program were to determine the validity of our geologic model for Beaver Rim and that it’s a legitimate uranium exploration target. This included: Finding out if the arkosic-rich […]

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VANCOUVER, BC, Dec. 2, 2024 /CNW/ – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (Frankfurt: DH7) ("CanAlaska" or the "Company") announces today that it has entered into an agreement pursuant to which Cormark Securities Inc., as lead underwriter and sole bookrunner (the " Underwriter "), in connection with a "bought deal" private placement of 8,400,000 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Tax (as defined below) (the " FT Shares ") at a price of $1.19 per FT Share, for gross proceeds of $9,996,000 (the " Offering ").

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act (Canada) (the " Tax Act "), to incur (or be deemed to incur) eligible "Canadian exploration expenses" that qualify as […]

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This story features PALADIN ENERGY LIMITED, and other companies. For more info SHARE ANALYSIS: PDN

The uranium spot price market was characterised by bouts of volatility before settling into a trading range over the month of November.

-U308 spot price on a roller coaster ride
-Geo-politics the feature for the month
-Microsoft and GE Vernova finding nuclear solutions -Australian uranium stocks remain a target for short interests A mismatch between buyers and sellers Industry consultants TradeTech recorded twenty-eight U3O8 spot transactions in November, totaling 3.2mlbs. Year-to-date spot U3O8 sales have reached 251 transactions, for a combined volume of 24.9mlbs.The consultants observed “volatility” as a key characteristic of November, driven by the imbalance between sellers aiming for December delivery sales and a lack of support from buyers. Buyers were noted as having largely met their immediate requirements with “little unspent budget remaining for discretionary purchases before year-end.” TradeTech’s […]

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Even if Wall Street is right about uranium prices, it could still be wrong about Cameco.

"Buy low, sell high" — that’s most investors’ goal when investing in a stock, but it’s easier said than done. How do you know if a stock will go up or down before you buy it?

Take Cameco Corporation ( CCJ 2.84%) for example. It’s the biggest publicly traded uranium mining stock by market cap in the world and the second biggest by sales. (In Kazakhstan, Kazatomprom makes more money but is worth less). Helped by surging uranium prices, Cameco stock nearly doubled last year, but it’s underperformed the S&P 500 in 2024. Will it regain its mojo, or are Cameco’s best days behind it?

Examining where Cameco is today, where management says it’s going tomorrow, and where Wall Street thinks it will be five years from now can help us to figure out if Cameco […]

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Blue Sky Uranium has entered into a definitive earn-in agreement with Abatare Spain (COAM) and ACI Capital, granting COAM the right to acquire up to 80% indirect interest in the Ivana Uranium-Vanadium Deposit in Argentina. COAM can acquire 49.9% equity by funding US$35 million in expenditures within 36 months, and up to 80% upon completing a feasibility study and funding development costs up to US$160 million for commercial production. The agreement includes a call option for exploration targets and requires shareholder approval at a Special Meeting planned for February 2025.

Positive Secured up to US$35 million in funding for project development

Additional funding commitment of up to US$160 million for commercial production

Partnership with established Corporación América Group Maintains 20% ownership interest with minimal capital requirements Includes 2% royalty protection if ownership falls below 10% Negative Potential significant dilution of ownership from 100% to 20% Transaction requires shareholder approval, creating […]

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TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier”) (TSXV: PUR) (OTCQB: PAUIF) announces that David Suda, President of the Company, has resigned from his position effective December 1, 2024, to pursue other opportunities.

Colin Healey, CEO of PUR, commented, “On behalf of the Board of Directors and the entire Company, I would like to extend our sincere gratitude to David for his leadership and dedication during his time with the Company. His contributions have been instrumental in the efficient transition and integration of our New Mexico assets acquired in June, and we wish him all the best in his future endeavours."

David Suda, President of Premier, commented, “It has been a privilege to work alongside such an exceptional, dedicated team, backed by a committed and strong group of shareholders within the uranium sector. I am proud of what we have achieved together […]

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Toronto, Ontario and Nucla, Colorado, Nov. 29, 2024 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“ Western ” or the “ Company ”) is extending the term and intends to reduce the exercise price of a total of 2,868,541 previously issued common share purchase warrants (collectively, the “ Amendment ”). The warrants were originally issued between December 13, 2021 and January 20, 2022 (collectively, the “ Warrants ”) as part of the Company’s previously completed non-brokered financing and are due to expire on the date that is three years after their issuance. All Warrants are currently exercisable at a price of CAD $2.50 per common share of Western. The term of the Warrants has been extended with all the Warrants now expiring on January 20, 2026. Subject to the consent of the holders of the Warrants, the exercise price of Warrants will be reduced […]

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Share Source: Shutterstock Insiders who acquired US$2.73m worth of GoviEx Uranium Inc.’s ( CVE:GXU ) stock at an average price of US$0.16 in the past 12 months may be dismayed by the recent 14% price decline. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth US$1.03m, which is not great.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for GoviEx Uranium The Last 12 Months Of Insider Transactions At GoviEx Uranium

The Independent Director Eric Krafft made the biggest insider purchase in the last 12 months. That single transaction was for CA$1.4m worth of shares at a price of CA$0.16 each. So it’s clear an insider wanted to buy, even at […]

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Uranium

WRITTEN BY Adam Orlando

Lincoln Minerals (ASX:LML) has a data room open with a number of domestic and overseas third parties expressing interest in acquiring its advanced uranium assets in South Australia, in a process it is aiming to close by 31 January 2025.

The $12.33 million market capitalisation company sent expressions of interest in mid-November regarding the potential divestment of its uranium exploration portfolio, located on Eyre Peninsula in South Australia.The company has not retained corporate or financial advisors for the sale process and continues to welcome interested third parties to join the data room.Speaking to Mining.com.au , CEO Jonathon Trewartha says Lincoln Minerals is “agnostic about any deals” and remains open to offers. The likely options include the sale of a minority stake in one or all of the uranium assets; a partial divestment of the uranium portfolio for cash, or shares in a new […]

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Uranium prices have settled after a quick jump because of geopolitical news and the aftermath of Donald Trump’s election victory in the U.S. the overall situation, "while stressful on the nuclear industry, is positive for the uranium industry," Red Cloud Analyst David Talbot said in a uranium sector update note on November 21.

According to Talbot, among those companies that could benefit is Interactive stock chart provided by quotemedia Price Volume Sep 2024 Oct 2024 Nov 2024 0.4 0 1 200k © quote media Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) , one of several "good stories from the Athabasca Basin."

"The market is telling us, at least right now, as geopolitical issues are driving the equity markets, it doesn’t much matter if you are looking at uranium producers, developers (who might have the current advantage right now) or explorers," he wrote. "But if you are going downstream, investors should best be […]

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Dynacor Group VANCOUVER, BC, Nov. 27, 2024 /CNW/ – Urano Energy Corp , (CSE: UE) (OTCQB: UECXF) ( the "Company" or "Urano Energy") announced today that it has entered into purchase agreements to acquire mineral claims and mining leases located in Utah and Colorado, covering various uranium properties that are prospective for uranium mining in consideration for an aggregate of US$5,865,000 in cash and US$4,800,000 in shares of the Company, payable in installments over five years. The shares will be issued at a value equal to the 15-day volume weighted average price as at the date the payment is due. The vendors will retain a 1% gross royalty in respect of all uranium produced from the mineral claims and a net smelter returns royalty equal to 10% on all vanadium produced on the property. All vendors are at arm’s length to the Company.

The Company will issue a further news […]

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Highlights Cosa to acquire a 70% interest in a portfolio of Denison’s prospective uranium projects located in the Eastern Athabasca Basin

Denison to become 19.95% shareholder of Cosa and commits to a minimum of C$1,000,000 participation in future equity financings

Cosa’s senior management team is uniquely experienced to advance these mature, discovery-ready projects

Vancouver, British Columbia–(Newsfile Corp. – November 27, 2024) – Cosa Resources Corp. ( TSX-V: COSA ) ( OTCQB: COSAF ) ( FSE: SSKU ) (" Cosa " or the " Company ") is pleased to announce that it has entered into an Acquisition Agreement (the " Acquisition Agreement ") with Denison Mines Corp. (" Denison ") ( TSX: DML ) ( NYSE American: DNN ). Pursuant to the Acquisition Agreement, Cosa will acquire (the " Transaction ") an interest in three of Denison’s uranium exploration projects located in the Eastern Athabasca Basin (the […]

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("SAGA" or the "Company"), a North American exploration company focused on critical mineral discovery in Canada, is pleased to share assay results from its inaugural field program at the Double Mer Uranium Project, located in eastern Labrador, Canada.

Key Updates from the Double Mer Uranium Project High-Potential Uranium Zones Identified: Three key zones— Luivik, Nanuk, and Katjuk —have been pinpointed along an 18-kilometer uranium-rich trend. Each zone shows U3O8 mineralization in pegmatites and structurally enriched formations.

Assays Validate Targets: Rock sampling in 2024 confirms the uranium potential across all three zones, enhancing confidence in the project’s viability.

Drilling Set for Q1 2025: SAGA plans to initiate its maiden drill program, starting with 1,500-meters in the Luivik zone, the westernmost area of the trend. This program will test the zone’s uranium potential and set the stage for expanded exploration.2024 SAGA metals Rock sample locations with field CPS (Counts per […]

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Western Uranium & Vanadium Corp (OTCQX: WSTRF) has announced key company updates. The company welcomed Nathan Bishop as Lead Geologist, bringing nearly 20 years of geological experience to oversee their underground drilling program at the Sunday Mine Complex (SMC) . The company has completed over 30,000 linear feet of horizontal drilling in 2024, with teams transitioning to a 7-day on/7-day off, 12-hour shift schedule to accelerate progress.

Additionally, Western has granted 1,375,000 stock options to officers, directors, and employees, exercisable at CAD$1.32 per share, vesting in three instalments between January 2025 and January 2026.

Positive Completed over 30,000 linear feet of horizontal drilling in 2024

Implemented enhanced operational structure with 24/7 shift schedule Added experienced Lead Geologist to strengthen technical capabilities Negative Stock option grant of 1,375,000 shares may lead to potential dilution Toronto, Ontario and Nucla, Colorado, Nov. 26, 2024 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) […]

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VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) — SAGA Metals Corp. ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discovery in Canada, is pleased to share assay results from its inaugural field program at the Double Mer Uranium Project, located in eastern Labrador, Canada.

Key Updates from the Double Mer Uranium Project High-Potential Uranium Zones Identified: Three key zones— Luivik, Nanuk, and Katjuk —have been pinpointed along an 18-kilometer uranium-rich trend. Each zone shows U3O8 mineralization in pegmatites and structurally enriched formations.

Assays Validate Targets: Rock sampling in 2024 confirms the uranium potential across all three zones, enhancing confidence in the project’s viability.

Drilling Set for Q1 2025: SAGA plans to initiate its maiden drill program, starting with 1,500-meters in the Luivik zone, the westernmost area of the trend. This program will test the zone’s uranium potential and set the stage for expanded […]

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Calibre Mining Mr. Richard Mazur reports:

Vancouver, British Columbia–(Newsfile Corp. – November 26, 2024) – Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces the first set of results from its 30 hole, 6,962 m summer drill program at its Aberdeen Uranium Project, located five kilometres to the west of the 133 million pound Kiggavik uranium project held by Orano/Denison/UEC*. Forum has received 608 geochemical results from the 11 holes drilled to follow-up the successful 2023 program at the mineralized Tatiggaq Main and West zones. Seven of eleven holes were mineralized. Significant results are highlighted below.

HIGHLIGHTS

Tatiggaq Main TAT24-012 intersected 1.15% U3O8 over 2.4 m from 169.1 to 171.5 m including: 3.33% U3O8 over 0.3 m (169.7 – 170.0 m) 2.77% U3O8 over 0.5 m (170.4 – 170.9 m) TAT24-014 intersected 1.31% U3O8 over 7.6 m from 164.0 to 171.6 m including: 4.56% U3O8 […]

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ATHA Energy announces results from its 2024 Angilak Exploration Program, revealing significant uranium findings at the Lac 50 Deposit . A third-party Technical Report establishes an Exploration Target ranging between 60.8M and 98.2M lbs U3O8 , with grades between 0.37% and 0.48% U3O8. The 2024 drilling program, comprising 25 holes totaling 10,051m, successfully intercepted uranium mineralization in all holes, with grades up to 5.85% U3O8 . The Lac 50 Deposit remains open along strike and at depth, with only 24% of the prospective trends drill-tested to date.

Positive High-grade uranium intersections up to 5.85% U3O8

100% success rate in uranium mineralization interception across all drill holes

Exploration Target established between 60.8M and 98.2M lbs U3O8 Significant expansion potential with only 24% of trends drill-tested Additional 69,704 hectares staked, securing control of entire Angikuni Basin Negative None. HIGHLIGHTS Conclusions from a third-party updated Technical Report (with an effective date November 25, […]

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TD Securities has recently initiated Uranium Energy Corp. (UEC) stock to Speculative Buy rating, as announced on September 13, 2023, according to Finviz . Earlier, on June 13, 2022, Canaccord Genuity had raised the stock from a Hold to Speculative Buy. Canaccord Genuity also reduced Hold rating. Additionally, Canaccord Genuity initiated Speculative Buy rating on October 14, 2020, with a target price of $1.50. ROTH Capital analysts, in their report published on October 25, 2017, also initiated Buy rating and set a price target of $3 for Uranium Energy Corp.’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment. Sponsored Uranium Energy Corp. (UEC) Stock Trading Recap

On Thursday, Uranium Energy Corp. (UEC) stock saw a modest uptick, ending the day at $8.4 which represents a slight increase of $0.26 or 3.19% from the prior close of $8.14. The […]

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Source: Shutterstock These are the companies and sectors making headlines in afternoon trade.

A2 Milk ( ASX: A2M ) – Shares rallied 14.4% after the company upgraded its FY25 earnings outlook and introduced a new dividend policy. FY25 revenue growth to be mid-to-high single digits year-on-year compared to prior guidance of mid-single digit growth and consensus expectations of 5.8%

EBITDA margin (as a % of revenue) in FY25 is still expected to be broadly in-line with FY24

Dividend policy targeting a payout ratio between 60-80% of net profit after tax First interim dividend expected to be declared in February 2025 based on the company’s 1H25 result Electro Optic Systems ( ASX: EOS ) – Shares in the space, defence and communications company rallied 13.2% after the company announced plans to sell its EM Solutions business for an enterprise value of $144 million. EM Solutions […]

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Geopolitical factors are playing out for uranium prices as Russia restricts exports to the United States. The move countervails a similar move by the U.S. to restrict imports of uranium from Russia, which could be bullish for prices.

Uranium prices moved higher on the news, but markets are still assessing the overall impact this could have moving forward. This is because Russia constitutes a sizable portion of uranium’s global production, making it the sixth-largest producer, according to Reuters . Increased Demand

As the U.S. seeks alternative energy sources, nuclear energy has surfaced as a viable source in recent years, thereby increasing the demand for uranium. Phasing out Russia from its list of suppliers will mean the U.S. would seek to fill the void from other sources.

“Russia accounted for 27% of the enriched uranium supplied to U.S. commercial nuclear reactors last year,” Reuters noted. “Imports to the U.S. from Russia through […]

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Sibanye-Stillwater (NYSE: SBSW) and C5 Capital have formed a strategic partnership to develop advanced nuclear energy opportunities globally. The collaboration aims to explore uranium projects and production facilities for Small Modular Reactors (SMRs). Sibanye-Stillwater owns uranium resources of nearly sixty million pounds in South Africa at its Cooke Project and Beatrix mine. C5 Capital, a World Nuclear Association member, has joined the Net Zero Nuclear Industry Pledge supporting the initiative to triple nuclear energy capacity by 2050.

Positive Owns significant uranium resources of nearly 60 million pounds in South Africa

Strategic partnership expands into nuclear energy sector

Potential new revenue stream from uranium production for SMRs Negative None. Insights This strategic partnership marks a significant pivot for Sibanye-Stillwater into the nuclear energy sector, leveraging its substantial uranium resources of nearly 60 million pounds from its South African operations. The timing aligns with growing global nuclear energy initiatives, particularly the WNA’s […]

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In an article I published Tuesday, I pondered whether the Russian ban on enriched uranium to the US is likely to be the catalyst that ASX uranium stocks need to turnaround their generally poor share price performances since May.

Certainly, it has been a busy few months for most Australian based uranium stocks as many progress projects towards production as soon as possible to allow them to take advantage of what’s left of 2023’s bull market in the uranium price.

In this article, we’ll check in on the key ASX listed uranium companies as well as several key international players. What have they been up to recently and what are the likely key near-and-long-term drivers of their success? Never miss an update

Get the latest insights from me in your inbox when they’re published.Then, at the end of the article ( technical analysts – you can simply scroll straight to the bottom […]

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