UEX Closes $2.5 Million Private Placement of Flow-Through Common Shares

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Saskatoon, Saskatchewan, December 17, 2021 – UEX Corporation (TSX:UEX) (" UEX " or the " Company ") is pleased to announce that it closed its previously announced $2.5 million non-brokered private placement (the " Offering "). The Company issued 6,414,103 common shares of the Company (" Flow‑Through Common Shares ") that qualify as "flow-through shares" for the purposes of the Income Tax Ac t (Canada)(the " Tax Act ") at a price of $0.39 per Flow-Through Common Share for aggregate gross proceeds to the Company of $2,501,500.17

The gross proceeds from the sale of the Flow-Through Common Shares will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Tax Act which qualify as "flow through […]

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The demand for cleaner fuel alternatives is on the rise. As one of the world’s most abundant metals, uranium is a popular choice. A single pellet of uranium produces the same amount of electricity as: One ton of coal

Three barrels of oil

17,000 cubic feet of natural gas

Uses for Uranium Once uranium is depleted for energy use, it’s reusable for other applications since it’s less radioactive. Ships use it for counterweights, and it also has applications in ammunition and armor. Transition to Nuclear Power In 2020, the U.S. government began to invest heavily in uranium mining, contributing to an uptick in the stock market . Uranium fuels nuclear power, which represents approximately 20% of America’s energy and 10% of the world’s electricity. And its use is growing. About 50 new reactors are under construction in countries that include China, India, Russia and the United Arab Emirates, with […]

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During the last session, Uranium Energy Corp. (AMEX:UEC)’s traded shares were 10.46 million, with the beta value of the company hitting 2.25. At the end of the trading day, the stock’s price was $3.41, reflecting an intraday loss of -4.48% or -$0.16. The 52-week high for the UEC share is $5.79, that puts it down -69.79 from that peak though still a striking 55.72% gain since the share price plummeted to a 52-week low of $1.51. The company’s market capitalization is $916.37M, and the average intraday trading volume over the past 10 days was 8.03 million shares, and the average trade volume was 8.32 million shares over the past three months.

Uranium Energy Corp. (UEC) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.50. UEC has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. […]

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES UEX Corporation is pleased to announce that it closed its previously announced $2.5 million non-brokered private placement . The Company issued 6,414,103 common shares of the Company that qualify as “flow-through shares” for the purposes of the Income Tax Ac t at a price of $0.39 per Flow-Through Common …

(TheNewswire) THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

UEX Corporation (TSX:UEX) (OTC:UEXCF) (" UEX " or the " Company ") is pleased to announce that it closed its previously announced $2.5 million non-brokered private placement (the " Offering "). The Company issued 6,414,103 common shares of the Company (" Flow‑Through Common Shares ") that qualify as "flow-through shares" for the purposes of the Income Tax Ac t (Canada)(the " Tax Act […]

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VANCOUVER, BC, Dec. 13, 2021 /CNW/ – enCore Energy Corp. (TSXV: EU ); (OTCQB: ENCUF) ("enCore") and Azarga Uranium Corp. (TSX: AZZ ), (OTCQB: AZZUF), (FRA: P8AA) ("Azarga Uranium") are pleased to announce that enCore, a leading United States ("US") in-situ recovery ("ISR") uranium development company, has secured a second uranium purchase agreement with a Fortune 150 United States utility. enCore’s business strategy is focused on advancing clean energy production, through the application of ISR in the US, and is advancing its South Texas uranium processing facility towards production. The uranium purchase agreement, which represents the second purchase agreement executed by enCore, is a four-year agreement commencing in 2024, and it covers up to 1.3 million pounds U 3 O 8 based on market pricing with a ceiling price significantly higher than the current uranium spot market price. Azarga Uranium Corp. Logo (CNW Group/enCore Energy Corp.) Paul Goranson, enCore […]

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Let’s start up with the current stock price of Uranium Royalty Corp. (UROY), which is $3.94 to be very precise. The Stock rose vividly during the last session to $4.00 after opening rate of $3.63 while the lowest price it went was recorded $3.42 before closing at $3.64.Recently in News on December 14, 2021, Uranium Royalty Corp. Files Quarterly Report, Expands Physical Uranium Inventory and Increases Margin Loan Facility. This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated August 18, 2021 to its short form base shelf prospectus dated June 16, 2021. You can read further details here

Uranium Royalty Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.95 on 10/25/21, with the lowest value was $1.04 for the same time period, recorded on 01/11/21.

3 […]

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ALX Resources Corp. is pleased to announce that it has received the results of a geochemical survey carried out on its 100%-owned Gibbons Creek Uranium Project . Gibbons Creek consists of seven mineral claims encompassing 13,864 hectares located along the northern margin of the Athabasca Basin immediately west of the community of Stony Rapids, Saskatchewan, in a region hosting multiple uranium occurrences.2021 …

ALX Resources Corp. ( TSXV: AL ) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has received the results of a geochemical survey carried out on its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project"). Gibbons Creek consists of seven mineral claims encompassing 13,864 hectares (34,259 acres), located along the northern margin of the Athabasca Basin immediately west of the community of Stony Rapids, Saskatchewan, in a region hosting multiple uranium occurrences.

2021 Exploration Results

In October 2021, […]

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Overview of 2022 Exploration Plans: The Strike and Murmac Uranium projects are located on the northern rim of the prolific Athabasca Basin, with both having the potential to host high-grade uranium deposits.

Exploration plans for 2022 include geophysical surveying during the winter months, followed by maiden exploration drilling programs commencing in the spring and continuing into the summer season.

The Goldfields Gold project is host to the Box and Athona gold deposits, established infrastructure including a powerline to site, and a valid mine and mill development permit.

Exploration plans for 2022 include exploration drilling to test gold targets within the Goldfields Syncline, and continued resource expansion drilling contingent on final assay results from Phase 1 drilling completed during 2021. Dale Verran, CEO for Fortune Bay, commented, " With the close of our $6.9 million financing we are fully-funded for next year’s expansive exploration programs which […]

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Income Tax Act (Canada) and one-half of one common share purchase warrant. Each warrant entitles its holder to purchase one common share in the capital of the Company at an exercise price of $0.20 per share for a period of 24 months from the date of issue. The closing is subject to final acceptance by TSX Venture Exchange of the Private Placement.

In connection with the closing of the private placement, the Company paid certain finders’ fees consisting of, in aggregate, $75,000.72 in cash and 535,719 non-transferable compensation warrants. Each compensation warrant entitles its holder to purchase one common share in the capital of the Company at an exercise price of $0.20 per share for a period of 24 months after the date of issue.

The net proceeds of the Private Placement will be used to advance the Company’s exploration program in Saskatchewan. All securities issued in connection with the first […]

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Vancouver, British Columbia–(Newsfile Corp. – December 15, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has received the results of a geochemical survey carried out on its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project"). Gibbons Creek consists of seven mineral claims encompassing 13,864 hectares (34,259 acres), located along the northern margin of the Athabasca Basin immediately west of the community of Stony Rapids, Saskatchewan, in a region hosting multiple uranium occurrences.

2021 Exploration Results

In October 2021, ALX carried out a Spatiotemporal Geochemical Hydrocarbons ("SGH") soil geochemistry survey on a 4.0-kilometre-long grid over an untested geophysical conductor to determine the most prospective areas for drilling. SGH is an analytical method developed by Actlabs of Ancaster, Ontario that is designed to detect subtle geochemical anomalies emanating from a buried source.

The SGH survey results show […]

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Nanoscale’s patented rare earth metal-making technology has potential to revolutionize rare earth metal making by reducing costs, significantly reducing greenhouse gas emissions, and reducing energy use Energy Fuels Inc. is pleased to announce the execution of a Memorandum of Understanding with Nanoscale Powders LLC for the development of a novel technology for the production of rare earth element metals . We …

Nanoscale’s patented rare earth metal-making technology has potential to revolutionize rare earth metal making by reducing costs, significantly reducing greenhouse gas emissions, and reducing energy use

Energy Fuels Inc. (NYSE American: UUUU ) (TSX: EFR) ( " Energy Fuels " or the "Company" ) is pleased to announce the execution of a Memorandum of Understanding ( "MOU" ) with Nanoscale Powders LLC ( "NSP" ) for the development of a novel technology (the " Technology ") for the production of rare earth element ( "REE" ) […]

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If you want to know who really controls GoviEx Uranium Inc. ( CVE:GXU ), then you’ll have to look at the makeup of its share registry. We can see that individual investors own the lion’s share in the company with 57% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

While the holdings of individual investors took a hit after last week’s 21% price drop, insiders with their 12% also suffered.

Let’s delve deeper into each type of owner of GoviEx Uranium, beginning with the chart below. TSXV:GXU Ownership Breakdown December 15th 2021 What Does The Institutional Ownership Tell Us About GoviEx Uranium?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.As you can see, institutional investors have a […]

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(Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired by staking six new prospective uranium exploration properties within and proximal to the Athabasca Basin of northern Saskatchewan. These six properties comprise 147,510 hectares (364,505 acres) in the Basin, which is host to the highest grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute. The new properties bring Skyharbour’s total land package to 385,934 hectares (953,663 acres) representing one of the largest project portfolios in the region.

Skyharbour ’s New Uranium Project Portfolio Map Highlights : Riou River Project – 18,227 ha along the Riou River within the Athabasca basin, contains over 40 km of discrete undrilled EM conductors along a magnetic low and anomalous boulder geochemistry.

Pluto Bay Project – 28,840 ha northeast of Black Lake hosting numerous uranium showings and several EM conductors east […]

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES UEX Corporation is pleased to announce a non-brokered private placement consisting of up to 6,414,103 common shares that qualify as “flow-through shares” for the purposes of the Income Tax Ac t at a price of $0.39 per Flow-Through Common Share of the Company for aggregate gross proceeds to the Company of …

(TheNewswire) THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

UEX Corporation (TSX:UEX) (OTC:UEXCF) ("UEX" or the "Company") is pleased to announce a non-brokered private placement consisting of up to 6,414,103 common shares ("Flow‑Through Common Shares") that qualify as "flow-through shares" for the purposes of the Income Tax Ac t (Canada)(the "Tax Act") at a price of $0.39 per Flow-Through Common Share of the Company for aggregate gross proceeds to the […]

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Source: Toro Energy Toro Energy (TOE) successfully integrates vanadium into the Lake Maitland uranium resource, which is part of the Wiluna Uranium Project in Western Australia

Earlier this year, the company announced it was going to add vanadium to the project, after completing laboratory tests in 2019

The new resource is now with engineers, SKR Consulting, to re-optimise the proposed Lake Maitland mine based on the new data and processing flow sheet

Engineering studies for Lake Maitland to be a stand-alone operation and producing vanadium as a by-product is in its final stages On the market today, Toro Energy is down 2.17 per cent and trading at 2.3 cents per share Toro Energy (TOE) has successfully integrated vanadium into the Lake Maitland uranium resource, which is part of the Wiluna Uranium Project in Western Australia.Earlier this year, the company announced it was going to add vanadium to the project […]

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VANCOUVER, BC, Dec. 13, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU); (OTCQB: ENCUF ) ("enCore") and Azarga Uranium Corp. (TSX: AZZ), (OTCQB: AZZUF ), (FRA: P8AA) ("Azarga Uranium") are pleased to announce that enCore, a leading United States ("US") in-situ recovery ("ISR") uranium development company, has secured a second uranium purchase agreement with a Fortune 150 United States utility. enCore’s business strategy is focused on advancing clean energy production, through the application of ISR in the US, and is advancing its South Texas uranium processing facility towards production. The uranium purchase agreement, which represents the second purchase agreement executed by enCore, is a four-year agreement commencing in 2024, and it covers up to 1.3 million pounds U 3 O 8 based on market pricing with a ceiling price significantly higher than the current uranium spot market price. Azarga Uranium Corp. Logo (CNW Group/enCore Energy Corp.) Paul Goranson, enCore […]

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The Arts Council’s Restart the Artsmobile. Photo courtesy of the Greater Pittsburgh Arts Council. Greater Pittsburgh Arts Council receives $500,000 grant

The Greater Pittsburgh Arts Council (GPAC) just received a $500,000 American Rescue Plan grant from the National Endowment for the Arts (NEA) to help the local arts and cultural sector recover from the pandemic. GPAC will regrant these funds to small nonprofit organizations and independent artists in Allegheny County in 2022.

The one-time grant will provide general operating support for nonprofit arts groups with budgets of less than $250,000 and provide funding to independent artists for the creation of art. Forty percent of the funds will go to BIPOC artists and organizations. GPAC will announce the complete grant details and eligibility in the spring of 2022.

In total, the NEA will award grants totaling $20,200,000 to 66 local arts agencies nationwide for sub-granting.This grant is the second of three […]

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SP Angel . Morning View . Monday 13 12 21

Industrial metals to rise on Beijing vow to strengthen economy

Anglo Asian Mining* ( Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) ) BUY, 180p – Options issued to management

Aura Energy* ( Aura Energy Ltd (ASX:AEE, AIM:AURA) ) – Drilling confirms the discovery of substantial water resources for Tiris Uranium project in MauritaniaRenascor Resources ( Renascor Resources Ltd (ASX:RNU) ) – Testing confirms efficiency of purification process up to 99.9% CarbonRio Tinto ( Rio Tinto PLC (LSE:RIO) ) – Rio to cancel Mongolia’s debt after cost blowouts at Oyu TolgoiSunstone Metals ( Sunstone Metals Ltd (ASX:STM) ) – Two satellite targets identified by soil sampling results at El PalmarVOX Markets: 08/12/21: https://audioboom.com/posts/7993202- china-economy-plus-bluejay-centamin-cornish-metalsIGTV: China slows down but invests heavily in renewable capacity: https://youtu.be/d6PtLxNgtPc*SP Angel almost invariably acts as nomad or broker or nomad and broker to companies mentioned in the above videos and […]

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Denison Mines is proceeding with a new feasibility study for its Wheeler River uranium project in the Athabasca Basin. Courtesy of Denison Mines Nuclear power will play a major role in helping to increase electrification while also phasing out carbon-intensive sources of energy. Governments have been reluctant to support nuclear power because of its rising costs since the Fukushima disaster in 2011, and its potential environmental impacts. But with the world realizing the imminence of the climate emergency, many are seeing uranium’s potential of providing reliable low-carbon electricity, which has been a big boost for developers and miners.

Consistently low prices and a lack of investment in new production have shrunk supplies of uranium across the globe. The pandemic amplified this issue through unplanned supply disruptions and increased demand for uranium from financial funds and junior uranium companies – in particular, the transition of the Uranium Participation Corporation to a […]

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