The Feasibility Study (FS) represents an extremely detailed, fully costed, and updated study of GoviEx’s Madaouela uranium project in the Republic of Niger, taking into account international best practices and standards for responsible project development. The FS succeeded in delivering a project that is technically robust and significantly simplified, reducing development and operational risk at a time of high inflationary pressure.

Govind Friedland, Executive Chairman, said:

"The completion of our FS represents another major step in our company’s development and its goal of becoming a significant uranium producer. This FS, along with the current strengthening uranium market, combined with the fact that our project is fully permitted, distinguishes Madaouela as a unique development opportunity.

The GoviEx team along with Endeavour Financial, our debt advisors, have increased the pace of our engagement with potential lenders and utilities in order to develop a financial structure suitable to finance the development of […]

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Parent company Argonaut Resources will retain a 26.9% interest in Orpheus Minerals once the IPO is complete. The discovery of greenfield uranium deposits in South Australia and the Northern Territory will be the focus of ASX debutant Orpheus Minerals when it hits the boards this month.

Orpheus has launched a $6 million initial public offering to kick-start exploration and provide funds for it to chase high-grade sandstone or sediment-hosted and unconformity (hard rock) deposits. The company will also have a significant project generation budget with the aim to expand and build its pipeline.

Orpheus’ IPO will be based on the issue of a minimum 30 million shares at $0.20 each and will comprise a $3 million priority offer for Argonaut shareholders and a $3 million broker firm and general public offer.

Argonaut will retain a 26.9% interest following completion of the offer.The offer is being led by Adelaide based broker Taylor Collison […]

Click here to view original web page at smallcaps.com.au

Parent company Argonaut Resources will retain a 26.9% interest in Orpheus Minerals once the IPO is complete. The discovery of greenfield uranium deposits in South Australia and the Northern Territory will be the focus of ASX debutant Orpheus Minerals when it hits the boards this month.

Orpheus has launched a $6 million initial public offering to kick-start exploration and provide funds for it to chase high-grade sandstone or sediment-hosted and unconformity (hard rock) deposits. The company will also have a significant project generation budget with the aim to expand and build its pipeline.

Orpheus’ IPO will be based on the issue of a minimum 30 million shares at $0.20 each and will comprise a $3 million priority offer for Argonaut shareholders and a $3 million broker firm and general public offer.

Argonaut will retain a 26.9% interest following completion of the offer.The offer is being led by Adelaide based broker Taylor Collison […]

Click here to view original web page at smallcaps.com.au

In connection with the Offering, the Company paid a total of $594,362.58 and issued a total of 1,049,545 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a price of $0.52 for three years.

All securities issued under this private placement are subject to a hold period expiring March 2, 2023, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

Certain officers of the Company (the " Insiders ") participated in the Offering and purchased an aggregate of 50,687 flow-through units. Participation by Insiders in the private placement is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 "). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Insider’s participation in the Offering in reliance of sections […]

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CanAlaska Uranium Ltd. ( TSXV: CVV ) (OTCQX: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Offering") previously announced on October 6, 2022, as increased on October 7, 2022. Under the Offering, the Company has issued 13,173,212 flow-through units for gross proceeds of $6,850,070.24 and 4,499,900 charity flow-through units for gross proceeds of $3,149,930, for total gross proceeds of $10,000,000.24.

In connection with the Offering, the Company paid a total of $594,362.58 and issued a total of 1,049,545 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a price of $0.52 for three years.

All securities issued under this private placement are subject to a hold period expiring March 2, 2023, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

Certain officers of the Company (the " Insiders ") participated […]

Click here to view original web page at investingnews.com

Uranium Royalty Corp. (NASDAQ:UROY) concluded the trading at $2.17 on Friday, November 04 with a rise of 1.40% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $2.14 and 5Y monthly beta was reading 1.77 with its price kept floating in the range of $2.14 and $2.25 on the day. Considering stock’s 52-week price range provides that UROY hit a high price of $5.83 and saw its price falling to a low level of $2.10 during that period. Over a period of past 1-month, stock came subtracting -8.44% in its value.

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While finding safe stocks with the potential for monster gains isn’t always easy, we’ve found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now" , we have […]

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assistantua/iStock via Getty Images Investment Thesis

Sprott Inc. (NYSE: SII ) is a Canadian investment company in the natural resource industry, with a focus on precious metals and uranium. It is a stock I have covered frequently over the last few years. It is listed in both the U.S. and Canada.

The stock has had a relatively weak stock price performance this year, slightly weaker than I would have expected given that assets under management ("AUM") are still up a few percentages this year. The growth over the last couple of years primarily has come from the new mandates in the uranium industry. Sprott has a relatively attractively valuation and has excellent potential once the precious metals and uranium markets start generating more momentum again. Figure 1 – Source: Koyfin Sprott reported its Q3 earnings today and this article includes my main takeaways from the Q3-22 financial report . The […]

Click here to view original web page at seekingalpha.com

ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the closing today of the first tranche of a non-brokered private placement consisting of 17,800,000 flow-through units (the "FT Units") of the Company for gross proceeds of $890,000 (the "First Tranche").

The FT Units were sold at a price of $0.05 per FT Unit consisting of one flow-through common share and one-half of one non flow-through common share purchase warrant. One whole common share purchase warrant from the FT Units entitles the holder to purchase one non flow-through common share of the Company at a price of $0.075 for a period expiring 36 months following closing of the First Tranche, that date being November 3, 2025.

Finder’s fees for the First Tranche consisting of a total of $50,250 cash and 1,005,000 finder’s warrants were paid to: Red Cloud Securities Inc. – $48,000 cash and […]

Click here to view original web page at investingnews.com

There are a lot of companies to consider when you’re looking for a good uranium stock to invest in. And frankly, you should be investing in this commodity. Uranium is going to be what powers the energy transition from oil and gas to renewable energy .

In fact, about 20% of power in the United States is derived from nuclear reactors. And those reactors in turn are powered by uranium.

Furthermore, the world over is looking to build even more reactors. Over the next few years, dozens of new reactors are set to pop up in Asia, Europe, Russia, and India. Many are already under construction. And yet uranium is already in high demand.

Which is why it’s time to consider buying the top uranium stock out there. The uranium stock to buy now If you’re thinking of buying a uranium stock, you likely have already considered Cameco ( TSX:CCO ), and […]

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Press Release

Uranium market report covers the global sales and revenue forecast, regional forecast, market share and the growth rate by type

The MarketWatch News Department was not involved in the creation of this content.

Nov 04, 2022 (The Expresswire) — Global “ Uranium Market ” report provides a basic overview of the Uranium including definitions, classifications, applications and market growth structure. The Uranium Market report enlists several important factors, starting from the basics to advanced market intelligence, which plays a crucial part in strategizing. A complete analysis of the competitive landscape of the Uranium market covered in the report. About Uranium Market: The Uranium market has witnessed growth from USD million to USD million from 2017 to 2022. With the CAGR of %, this market is estimated to reach USD million in 2029.The report focuses on the Uranium market size, segment size (mainly covering product type, […]

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Uranium Energy Corp. (AMEX:UEC) concluded the trading at $3.74 on Thursday, November 03 with a fall of -0.53% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $3.76 and 5Y monthly beta was reading 2.04 with its price kept floating in the range of $3.69 and $3.94 on the day. Company’s P/E ratio for the trailing 12 months is 287.69. Considering stock’s 52-week price range provides that UEC hit a high price of $6.60 and saw its price falling to a low level of $2.34 during that period. Over a period of past 1-month, stock came subtracting -7.88% in its value.

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While finding safe stocks with the potential for monster gains isn’t always easy, we’ve found a few that could pay out well. In fact, within our report, "Top […]

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Vancouver, British Columbia–(Newsfile Corp. – November 2, 2022) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (" CanAlaska " or the " Company ") is pleased to announce that it has closed its non-brokered private placement (the " Offering ") previously announced on October 6, 2022, as increased on October 7, 2022. Under the Offering, the Company has issued 13,173,212 flow-through units for gross proceeds of $6,850,070.24 and 4,499,900 charity flow-through units for gross proceeds of $3,149,930, for total gross proceeds of $10,000,000.24.

In connection with the Offering, the Company paid a total of $594,362.58 and issued a total of 1,049,545 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a price of $0.52 for three years.

All securities issued under this private placement are subject to a hold period expiring March 2, 2023, in accordance with applicable securities laws and the policies of […]

Click here to view original web page at stockhouse.com

Denison completed a prefeasibility study for the project in 2018, which forecast that the flagship Phoenix deposit would produce 6 million lbs uranium oxide (U3O8) at 19.1% U3O8 across a 10-year mine life. Wheeler River also contains a second deposit called Gryphon, which-although regarded as a first-tier deposit by Denison-is expected to trail the development of Phoenix as part of a staged development plan.

Denison, which owns 95% of Wheeler River, intends to mine Phoenix using in-situ David Cates, company president and CEO, Denison Mines recovery (ISR), a common uranium mining method which has been deployed in Kazakhstan, the United States and Australia but never before in Canada, according to David Cates, the company’s president and CEO.

Evaluating the feasibility of the ISR method has been the subject of a multi-year process of field and laboratory testing, culminating in what Denison calls a Feasibility Field Test, or FFT-which involved the injection […]

Click here to view original web page at www.miningnews.net

The cascading waterfalls and swimming holes of Litchfield National Park are some of the Northern Territory’s most popular tourist attractions.

Adventure tourism operator Rob Woods said his business had been busier than ever, as tourists returned for the dry season after borders reopened.

"We’re talking about … beautiful creeks … waterfalls … unspoiled views," he said.

However, Mr Woods is one of several tourism operators and residents concerned about potential uranium mining in the region.Melbourne company URO Corporation in September lodged an application to explore for uranium, lithium, rare earths and precious metals on 299 square kilometres of land on the park’s western border.Public submissions on the application closed in October."Besides the fact that you’re right on the edge of a category one national park, and you’ve got over 300,000 people visit there every year – and this year upwards of 400,000 visiting – the environment is going to be flogged," Mr […]

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Vancouver, British Columbia–(Newsfile Corp. – November 2, 2022) – CanAlaska Uranium Ltd.

CVVUF (FSE: DH7N) (" CanAlaska " or the " Company ") is pleased to announce that it has closed its non-brokered private placement (the " Offering ") previously announced on October 6, 2022, as increased on October 7, 2022. Under the Offering, the Company has issued 13,173,212 flow-through units for gross proceeds of $6,850,070.24 and 4,499,900 charity flow-through units for gross proceeds of $3,149,930, for total gross proceeds of $10,000,000.24.

In connection with the Offering, the Company paid a total of $594,362.58 and issued a total of 1,049,545 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a price of $0.52 for three […]

Click here to view original web page at www.benzinga.com

A review of the key achievements by mineral and energy small cap explorers in the September quarter. It was a busy September quarter in the small cap resource and energy spaces, with some major discoveries and project milestones achieved amid a strong outlook for most commodities.

With rapidly rising inflation and volatile markets, the junior gold space continued to shine. Gold

Gold explorers making headlines in the September quarter included: Kin Mining (ASX: KIN)

Kin Mining boosted the resource for its flagship Cardinia gold project in Western Australia’s Leonora district during the period.Cardinia now has a resource of 34.5Mt at 1.27g/t gold for 1.41Moz.This represented a 10% increase in contained ounces on the previous resource released in September 2021.The company also managed to top up its cash reserves with a $13.7 million capital raising during the period to fund ongoing exploration and development of the project.Kin managing director Andrew Munckton […]

Click here to view original web page at smallcaps.com.au

The initial sales have exceeded all Lux projections as the non-fungible tokens (NFTs) continue to offer an exceptional value proposition, price discovery and transparency for exposure to uranium at a marginal discount to the current U 3 O 8 spot price as quoted at USD$52.60 using October 24, 2022 prices published by UxC and TradeTech . Additional guidance will be provided over the next two weeks as follow-on sales orders, market listings and partnerships are made public.

The five-year exclusive supply agreement initially provides 7.65 million pounds of U 3 O 8 that Madison has contributed to the Lux partnership from Madison’s uranium projects in Namibia to back the first-ever uranium-backed NFTs. Lux NFTs minted exclusively on their network bring liquidity and universal access to the uranium market and usher in a new era for both the tokenization of physical assets and distribution.

Learn more about Madison’s evolution via the newly […]

Click here to view original web page at www.juniorminingnetwork.com

SASKATOON, Saskatchewan, October 27, 2022 –( BUSINESS WIRE )–Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2022 in accordance with International Financial Reporting Standards (IFRS).

"Our results reflect the execution of our strategy of full-cycle value capture and are in line with the preliminary third quarter operating update provided on October 11, 2022. We are benefiting from higher average realized prices in our uranium segment and our fuel services segment as the market continues to transition and geopolitics continue to highlight security of supply concerns," said Tim Gitzel, Cameco’s president and CEO. "With improving financials as we begin to restore our tier-one run rate and exposure to rising prices, we continue to believe Cameco is the best way to invest in the uranium market recovery.

"We have continued to have success in securing long-term contracts that will underpin the […]

Click here to view original web page at finance.yahoo.com

The cascading waterfalls and swimming holes of Litchfield National Park are some of the Northern Territory’s most popular tourist attractions.

Adventure tourism operator Rob Woods said his business had been busier than ever, as tourists returned for the dry season after borders reopened.

"We’re talking about … beautiful creeks … waterfalls … unspoiled views," he said.

However, Mr Woods is one of several tourism operators and residents concerned about potential uranium mining in the region.Melbourne company URO Corporation in September lodged an application to explore for uranium, lithium, rare earths and precious metals on 299 square kilometres of land on the park’s western border.Public submissions on the application closed in October."Besides the fact that you’re right on the edge of a category one national park, and you’ve got over 300,000 people visit there every year – and this year upwards of 400,000 visiting – the environment is going to be flogged," Mr […]

Click here to view original web page at www.msn.com

Okapi Resources could soon commence drilling in Canada after lodging the necessary paperwork. Credit: File Okapi Resources could soon fire up the diamond drill rig and launch a 40-hole, 5000m program at its Newnham Lake and Perch uranium projects in Canada after lodging applications with the Government of Saskatchewan. The looming probe follows a recent exploration drive that unveiled a bevy of compelling targets prospective for basement-hosted mineralisation.

The field program included mapping, sampling, lithological testing and analysis and followed a comprehensive review of satellite imagery that highlighted several appealing areas begging for a closer look.

Okapi has its foot on an extensive land package in its larger Athabasca Basin tenements including about half a dozen project zones covering over 55,000 hectares.

Notably, management says five of the projects are near an unconformity that may extend to a depth of about 100m, making them excellent targets for shallow high-grade unconformity-related uranium mineralisation.The […]

Click here to view original web page at thewest.com.au

Cameco announces third quarter results, benefiting from execution of strategy; continued contracting success with 77 million pounds uranium year-to-date: 50 million previously announced and advancing another 27 million

Source: Cameco

10-27-2022

"Our results reflect the execution of our strategy of full-cycle value capture and are in line with the preliminary third quarter operating update provided on October 11, 2022. We are benefiting from higher average realized prices in our uranium segment and our fuel services segment as the market continues to transition and geopolitics continue to highlight security of supply concerns," said Tim Gitzel, Cameco’s president and CEO. "With improving financials as we begin to restore our tier-one run rate and exposure to rising prices, we continue to believe Cameco is the best way to invest in the uranium market recovery."We have continued to have success in securing long-term contracts that will underpin the operation of our tier-one assets and that we […]

Click here to view original web page at www.marketscreener.com

The cascading waterfalls and swimming holes of Litchfield National Park are some of the Northern Territory’s most popular tourist attractions.

Adventure tourism operator Rob Woods said his business had been busier than ever, as tourists returned for the dry season after borders reopened.

"We’re talking about … beautiful creeks … waterfalls … unspoiled views," he said.

However, Mr Woods is one of several tourism operators and residents concerned about potential uranium mining in the region.Melbourne company URO Corporation in September lodged an application to explore for uranium, lithium, rare earths and precious metals on 299 square kilometres of land on the park’s western border.Public submissions on the application closed in October."Besides the fact that you’re right on the edge of a category one national park, and you’ve got over 300,000 people visit there every year – and this year upwards of 400,000 visiting – the environment is going to be flogged," Mr […]

Click here to view original web page at www.msn.com

Uranium Energy Corp. (AMEX:UEC) traded at $4.21 at close of the session on Monday, 10/31/22, made a downward move of -0.24% on its previous day’s price.

Looking at the stock we see that its previous close was $4.22 and the beta (5Y monthly) reads 2.13 with the day’s price range being $4.10 – $4.26. The company has a trailing 12-month PE ratio of 323.85. In terms of its 52-week price range, UEC has a high of $6.60 and a low of $2.34. The company’s stock has gained about 20.29% over that past 30 days.

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While finding safe stocks with the potential for monster gains isn’t always easy, we’ve found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now" , we have identified five stocks we believe could appreciate the most even […]

Click here to view original web page at stocksregister.com