enCore Energy Corp. Announces Uranium Sales Agreement

enCore Energy Corp. Announces Uranium Sales Agreement

TSX.V: EU
OTCQB: ENCUF
www.encoreenergycorp.com

CORPUS CHRISTI, Texas, Aug. 4, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF ) (the " Company ") is pleased to announce, as stated in the Company’s objective to advance its South Texas uranium facilities towards production, enCore has executed a uranium purchase and sales agreement ("Agreement") with UG USA, Inc. The 5-year Agreement covers 2 million pounds U 3 O 8 of produced uranium with significant delivery flexibility for market related pricing.

Paul Goranson, enCore Energy Chief Executive Officer said, "We recently provided an update on our South Texas Production Facilities that outlined our production strategy. The uranium sales agreement, immediately secures a customer for a portion of our expected production. The Agreement also allows us to leverage to what we expect will be a significantly improved uranium market. We truly appreciate our relationship with UG USA and are excited to […]

Blue Sky Uranium Amends Final Tranche of Non-Brokered Private Placement

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

/NOT FOR DISTRIBUTION TO THE UNITED STATES/

VANCOUVER, BC, Aug. 5, 2021 /CNW/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), "Blue Sky" or the "Company") is pleased to announce it has increased the final tranche of the non-brokered private placement financing as announced on July 30, 2021 to 13,316,089 units at a price of $0.16 per unit for total gross process of $2,130,574.24. Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.) Each unit consists of one common share and one transferrable common share purchase warrant (the " Warrant "). Each Warrant in this 3 rd and final tranche will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.25 per share for two years from the date of issue, expiring on August […]

Uranium Energy Corp. (UEC) is on the roll with an average volume of 5.28M in the recent 3 months

Uranium Energy Corp. (UEC) is on the roll with an average volume of 5.28M in the recent 3 months

For the readers interested in the stock health of Uranium Energy Corp. (UEC). It is currently valued at $2.21. When the transactions were called off in the previous session, Stock hit the highs of $2.22, after setting-off with the price of $2.19. Company’s stock value dipped to $2.08 during the trading on the day. When the trading was stopped its value was $2.10.Recently in News on August 2, 2021, Uranium Energy Corp Announces Results of Annual General Meeting. NYSE American symbol – UEC. You can read further details here

Uranium Energy 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 $3.67 on 03/16/21, with the lowest value was $1.51 for the same time period, recorded on 01/21/21.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula […]

Energy Fuels Inc (UUUU) falls 4.37% for August 4

Energy Fuels Inc (NYSE: UUUU) shares fell 4.37%, or $0.23 per share, to close Wednesday at $5.03. After opening the day at $5.18, shares of Energy Fuels fluctuated between $5.22 and $4.99. 1,724,847 shares traded hands a decrease from their 30 day average of 2,507,970. Wednesday’s activity brought Energy Fuels’s market cap to $675,689,724.

Energy Fuels is headquartered in Lakewood, Colorado.. About Energy Fuels Inc

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (‘ISR’) Project in […]

Valor unveils new Canadian uranium anomalies

Valor unveils new Canadian uranium anomalies

A grab sample from Hook Lake, dusted in yellow uranium oxide. Credit: File ASX-listed Valor Resources looks to be on a roll in Canada with the budding explorer identifying a wealth of new uranium anomalies across the company’s burgeoning ground holdings in Canada’s famed Athabasca Basin.

A recent radiometric survey over the Hook Lake tenure has highlighted several uraniferous target zones in the northwest of the company’s permits alongside various new targets located outside recognised historical prospect areas.

In addition, the survey confirmed the company’s priority targets within its fertile ground holdings that including the historical Hook Lake uranium occurrence.

Valor commenced a high-resolution airborne geophysical survey over Hook Lake in July, with the radiometrics lighting up a slew of new anomalies across more than 110 square kilometres in the north of the uranium ground.Valor has now completed an evaluation of the survey with the company’s technical team identifying six tier one […]

Uranium: some hard facts

Uranium: some hard facts

Comprehensive independent coverage of new discoveries, projects, and funding activity across Australasia

ASX daily market wraps, analysis and latest commodity news

In-depth coverage and analysis of M&A, company announcements and financial reports

Timely key commodity trend news and analysis Expert analysis of relevant global deals, capital market developments, and project finance trends Exclusive METS sector investment news, commentary and analysis Opinion pieces, and company and market analysis, by Australia’s top mining columnists All the benefits of a Standard subscription plus: 4 annual reports produced by Mining Journal’s Intelligence division, and focusing on the most relevant discussion points in the mining sector: World Risk Report Global Finance Report Global Leadership Report Project Pipeline Handbook Sprott currently manages four different commodity stockpiling funds, with more than $12 billion in assets, including: the Sprott Physical Gold Trust (PHYS), one of the world’s largest physical gold vehicles; and the Sprott Physical Silver […]

Anfield Energy to Complete a Uranium Resource Report for its Taylor Ranch ISR Project

Anfield Energy to Complete a Uranium Resource Report for its Taylor Ranch ISR Project

VANCOUVER, British Columbia, Aug. 04, 2021 (GLOBE NEWSWIRE) — Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that Anfield has engaged BRS Engineering (“BRS”) to complete a mineral resource report for the Taylor Ranch ISR project (“Taylor Ranch”). Taylor Ranch is one of the 25 uranium mining properties held by the Company in the Black Hills, Powder River Basin, Great Divide Basin, Laramie Basin, Shirley Basin and Wind River Basin areas of Wyoming.

Corey Dias, Anfield CEO, states, “Given the strengthening global sentiment related to the uranium market, we are pleased to update and further delineate another uranium resource from amongst the 25 uranium projects acquired in Wyoming. This will be only the fifth NI 43-101 resource report commissioned for our Wyoming projects, so there is significant potential pipeline of uranium resource available to us within our current portfolio. Importantly, Anfield […]

Global X Uranium ETF: Nuclear Dawn

Global X Uranium ETF: Nuclear Dawn

Summary

The Global X Uranium ETF, which got listed in late 2010, nuked the capital of its early investors by falling from a high of about $135 to $19.71 today.

The demand for clean energy, production, and wastage statistics, and the fact that we, along with Canada, have substantial reserves of uranium are working in the industry’s favor.

I am bullish on the ETF as a long-term investment for patient growth investors. I do much more than just articles at The Lead-Lag Report: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Searsie/iStock via Getty Images The Global X Uranium ETF ( URA ) nuked the capital of its original investors within a few months after its launch in November 2010. It hit a high of about $135 in March 2011 and then started melting, radioactively, for its early investors. Perhaps […]

UEX Closes the JCU Transaction and the Denison Agreement

UEX Closes the JCU Transaction and the Denison Agreement

Saskatoon, Saskatchewan TheNewswire – August 3, 2021 UEX Corporation is pleased to announce that UEX has closed the transaction with Overseas Uranium Resources Development Co., Ltd. to acquire OURD’s wholly-owned subsidiary JCU Exploration Company, Limited as disclosed in UEX’s news releases dated April 22, 2021 and June 15, 2021, in consideration for the payment of C$41 million. UEX is also pleased to announce …

(TheNewswire) Saskatoon, Saskatchewan TheNewswire – August 3, 2021 UEX Corporation (TSX:UEX ) ( OTC:UEXCF) (“ UEX ” or the “ Company ”) is pleased to announce that UEX has closed the transaction (the “ JCU Transaction ”) with Overseas Uranium Resources Development Co., Ltd. (“ OURD ”) to acquire OURD’s wholly-owned subsidiary JCU (Canada) Exploration Company, Limited (“ JCU ”), as disclosed in UEX’s news releases dated April 22, 2021 and June 15, 2021, in consideration for the payment of C$41 million.

UEX is also pleased […]

NEWS RELEASE 21-19 - enCore Energy Corp. Announces Clarification on Uranium Sales Agreement News Release

NEWS RELEASE 21-19 – enCore Energy Corp. Announces Clarification on Uranium Sales Agreement News Release

TSX.V: EU
OTCQB:ENCUF
www.encoreenergycorp.com

CORPUS CHRISTI, Texas, Aug. 4, 2021 /CNW/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the " Company ") announces, for greater clarity, as stated in the August 4, 2021 news release, the Company’s objective is to advance its South Texas uranium facilities towards production and as such has executed a uranium sales agreement. The Agreement covers a total of 2 million pounds U 3 O 8 at market related prices over a 5-year period starting in 2023. enCore Energy Corp. Logo (CNW Group/enCore Energy Corp.) About enCore Energy Corp.

enCore Energy Corp. is a U.S. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. enCore Energy’s opportunities are created from the Company’s transformational acquisition […]

Ur-Energy Releases 2021 Q2 Results

Ur-Energy Inc. has filed the Company’s Form 10-Q for the quarter ended June 30, 2021, with the U.S. Securities and Exchange Commission at and with Canadian securities authorities at Chairman and CEO, Jeff Klenda said, “We are pleased to announce our results from the first half of 2021. We ended the period with more than $20 million in cash and 285,000 pounds U.S. produced U3O8 in inventory at the conversion …

Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the “Company” or “Ur-Energy”) has filed the Company’s Form 10-Q for the quarter ended June 30, 2021, with the U.S. Securities and Exchange Commission at www.sec.govedgar.shtml and with Canadian securities authorities at www.sedar.com

Ur-Energy Chairman and CEO, Jeff Klenda said, “We are pleased to announce our results from the first half of 2021. We ended the period with more than $20 million in cash and 285,000 pounds U.S. produced U 3 O 8 in inventory at […]

GoviEx Uranium says geophysical program at Falea project in Mali highlights exploration potential

GoviEx Uranium says geophysical program at Falea project in Mali highlights exploration potential

GoviEx Uranium ( TSX-V:GXU , OTCQB:GVXXF ) CEO Daniel Major joined Stephen Gunnion from Proactive with results from a geophysics program at its Falea project in Mali.

Major telling Proactive that the survey highlights the exploration potential for the polymetallic property. More promising indications include the potential for a chargeable body in the northeast area of its Bala license.

Add related topics to My Proactive NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is…In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash… FOR OUR FULL DISCLAIMER CLICK HERE The company’s technologies can easily be integrated into systems, equipment, […]

Consolidated Uranium Provides Update on Mountain Lake Option Agreement

TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ”, the “ Company ” or “ Consolidated Uranium ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to provide the following update on the option agreement (the “ Option Agreement ”) with IsoEnergy Ltd. (“ IsoEnergy ”) (TSXV: ISO) that was originally announced on July 16, 2020, providing CUR with the option to acquire a 100% undivided interest in the Mountain Lake uranium project (“ Mountain Lake ” or the “ Property ”) located in Nunavut, Canada.

Following receipt of shareholder approval of the Option Agreement at the Company’s annual and special meeting of shareholders held on June 29, 2021, the TSXV Venture Exchange (“ TSXV ”) conditionally approved the Option Agreement which has become effective as of August 3, 2021. As a result of the Option Agreement having been made effective and in accordance with the terms thereof, […]

Paladin eyes $50/lb pricepoint for restart

Paladin eyes $50/lb pricepoint for restart

KALGOORLIE (miningweekly.com) – Uranium company Paladin Energy is awaiting a spot price of $50/lb or more for uranium before restarting its Langer Heinrich uranium operations, in Namibia.

Speaking on the sidelines of the Diggers & Dealers conference, Paladin CEO Ian Purdy noted that the current spot market price was not sufficient to tempt the company into restarting production. “The price isn’t there, and we will not restart early. We will not go back into operation until we can make decent returns. We are not being greedy, we just need a decent return to our mining operation.”

Purdy said that while an increase in the spot price could not be timed, there were indications that a market shift was imminent, as major producers were cutting back on production and global stockpiles were dwindling. “You can’t outrun the math. There is a 20-million- to 40-million-pound deficit right now, and no one can tell […]

Uranium Energy Corp. (AMEX: UEC)โ€™S Stock Adds 1.15%, But It May Be Worth Investing In

Uranium Energy Corp. (AMEX:UEC) price is hovering higher on Tuesday, August 03, jumping 1.15% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $2.18, with intraday deals fluctuating between $2.14 and $2.29. The company’s 5Y monthly beta was ticking 2.43. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.67 and 52-week low of $0.82. The stock subtracted -17.42% on its value in the past month.

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We’ve set up an alert service to help smart investors take full advantage of […]

Is it Time to Dump Westwater Resources Inc (WWR) Stock After it Is Up 2.64% in a Week?

Is it Time to Dump Westwater Resources Inc (WWR) Stock After it Is Up 2.64% in a Week?

Westwater Resources Inc ( WWR ) stock has gained 2.64% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Westwater Resources Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WWR! What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment […]

Elevate Uranium: Carbon-Free Energy

Elevate Uranium: Carbon-Free Energy

Elevate Uranium Limited (ASX:EL8) specializes in identifying, exploring and acquiring highly prospective uranium projects in Australia and Namibia. With a management team having more than 60 years of experience in the uranium sector, the company is the largest tenement holder for uranium in Namibia, which is the fourth-highest uranium-producing country in the world as of 2019.

The company’s fully-owned and patented breakthrough U-pgrade TM enables the removal of non-uranium bearing minerals by rejecting more than 95 percent of the mass of mined ore and reduces overall capital and operating expenditures by 50 percent. Elevate Uranium’s Company Highlights

Elevate Uranium Limited is the largest tenement holder for uranium in Namibia, the fourth-highest uranium-producing country in the world.

Elevate Uranium is actively exploring in Namibia, with recent discoveries including Koppies and Hirabeb. Elevate Uranium has JORC resources 61 million pounds of uranium in Namibia and 48 million pounds of uranium in Australia. […]

Uranium Energy Corp. (AMEX:UEC) trade information

In the last trading session, 4.08 million Uranium Energy Corp. (AMEX:UEC) shares changed hands as the company’s beta touched 2.41. With the company’s per share price at $2.18 changed hands at $0.01 or 0.46% during last session, the market valuation stood at $555.36M. UEC’s last price was a discount, traded about -68.35% off its 52-week high of $3.67. The share price had its 52-week low at $0.82, which suggests the last value was 62.39% up since then. When we look at Uranium Energy Corp.’s average trading volume, we note the 3-month average coming to 5.42 million.

Analysts gave the Uranium Energy Corp. (UEC) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.70. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the […]

Uranium Royalty Corp. Added to the Global X Uranium ETF

VANCOUVER, BC, Aug. 3, 2021 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY ) (TSXV: URC) ("URC" or the "Company") is pleased to announce that the Company has been added to the Global X Uranium ETF as part of the bi-annual index rebalancing. The Global X Uranium ETF is one of the most important uranium and nuclear industry indexes globally.

URC is the only pure-play uranium royalty company. The Company is focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt, and equity investments in uranium companies, as well as through holdings of physical uranium.

URC’s CEO, Scott Melbye, said: "The addition of URC to the Global X Uranium ETF is an important recognition of the value and growth potential of our royalty business model and comes at a time at which investors are seeking exposure to green, carbon-free nuclear energy through uranium equities."

"The […]

Uranium Energy Corp Announces Results of Annual General Meeting

NYSE American symbol – UEC

CORPUS CHRISTI, Texas, Aug. 2, 2021 /CNW/ – Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce that, in conjunction with the holding of the Company’s recent annual general meeting of stockholders on July 30, 2021, the following matters were duly ratified by the Company’s stockholders and have now been implemented by the Board of Directors in the following manner: Amir Adnani, Spencer Abraham, Vincent Della Volpe, David Kong, Ganpat Mani and Gloria Ballesta were elected to the Board of Directors of the Company;

PricewaterhouseCoopers LLP, Chartered Professional Accountants, were appointed as the Company’s independent registered accounting firm;

the following Executive Officers of the Company were re-appointed by the Board of Directors of the Company immediately following the AGM: Amir Adnani: President and Chief Executive Officer;Pat Obara: Secretary, Treasurer and Chief Financial Officer; andScott Melbye: Executive Vice […]

Elevate Uranium: Carbon-Free Energy

Elevate Uranium: Carbon-Free Energy

Elevate Uranium Limited is an Australian mineral exploration and development company specializing in identifying, exploring and acquiring highly prospective uranium projects in Australia and Namibia. Overview

As decarbonization and electrification continue to develop around the world, carbon-free nuclear power is required to achieve both changes. Why is this the case? It’s simple— nuclear fuel is about 1 million times greater than traditional energy sources due to its density.

Nuclear power is central to the clean energy movement as it produces zero carbon emissions, prevents air pollution, spans a smaller land footprint and produces minimal waste. Nuclear energy is generated through fission, which is when uranium atoms are split to produce energy. As a result, the uranium market presents an exciting opportunity for investors seeking to capitalize on the clean energy movement.

Elevate Uranium Limited (ASX:ELA) is an Australian mineral exploration and development company specializing in identifying, exploring and acquiring highly prospective […]

Energy Fuels banks $98.8M in working capital as it stands ready to supply uranium globally

Energy Fuels banks $98.8M in working capital as it stands ready to supply uranium globally

The company noted it has several existing uranium mines on standby and significant existing inventories of company-produced, US-origin uranium At current commodity prices, Energy Fuels’ inventory has a value of $39.1 million Energy Fuels Inc. ( TSX:EFR , NYSEMKT:UUUU ) reports that it had $98.8 million of working capital, including $79.4 million of cash and marketable securities and $29.2 million of inventory, as of June 30, 2021.

In a statement, the company added that at current commodity prices, its inventory has a value of $39.1 million.

During the quarter ended June 30, 2021, Energy Fuels also noted that it incurred a net loss of $10.8 million, which included a non-cash mark-to-market increase in warrant liabilities during the quarter of $3.6 million, resulting from a significant increase in its share price.

With several existing uranium mines on standby and significant existing inventories of company-produced, US-origin uranium, the company said it continues to be […]

Uranium Week: Uranium Company Updates

Uranium Week: Uranium Company Updates

As the uranium spot price remained unchanged last week, the world’s largest uranium company and several small ASX-listed companies released financial results.

-Cameco expects to produce up to 12mlbs in 2021
-Shaw and Partners’ view on two ASX-listed companies
-Uranium spot price rises by less than 1% for the mont h

Canadian uranium producer Cameco last week reported a net loss of -US$29.4m for its second quarter ended June 30.President and CEO Tim Gitzel noted the company added an additional 7mlbs to its long-term sales contract portfolio, bringing the total contracted so far in 2021 to 16mlbs.The company reported production of 1.2mlbs for the second quarter, and expects to produce up to 12mlbs on a 100% basis in 2021, provided there are no further disruptions due to covid-19, forest fires, or any other cause.The second quarter was impacted by additional care and maintenance costs of -US$6.4m, resulting from the proactive […]

Energy Fuels banks $98.8M in working capital as it stands ready to supply uranium globally

Energy Fuels banks $98.8M in working capital as it stands ready to supply uranium globally

The company noted it has several existing uranium mines on standby and significant existing inventories of company-produced, US-origin uranium At current commodity prices, Energy Fuels’ inventory has a value of $39.1 million Energy Fuels Inc. reports that it had $98.8 million of working capital, including $79.4 million of cash and marketable securities and $29.2 million of inventory, as of June 30, 2021.

In a statement, the company added that at current commodity prices, its inventory has a value of $39.1 million.

During the quarter ended June 30, 2021, Energy Fuels also noted that it incurred a net loss of $10.8 million, which included a non-cash mark-to-market increase in warrant liabilities during the quarter of $3.6 million, resulting from a significant increase in its share price.

With several existing uranium mines on standby and significant existing inventories of company-produced, US-origin uranium, the company said it continues to be ready to supply uranium into […]

Energy Fuels โ€“ 2021-2Q Results Impacted By Rising Costs Production Delays

Energy Fuels โ€“ 2021-2Q Results Impacted By Rising Costs Production Delays

Energy Fuels reported 2021-2Q revenue, losses and loss per share of $0.8 million, $10.8 million, and $0.15 per share. Results were below our expectations due to higher costs associated with Rare Earth Elements and a later-than-expected first shipment of REE . The company continues to idle uranium production and vanadium sales at current prices. Investor focus is justifiably more centered on corporate developments …

Energy Fuels reported 2021-2Q revenue, losses and loss per share of $0.8 million, $10.8 million, and $0.15 per share. Results were below our expectations due to higher costs associated with Rare Earth Elements (REE) and a later-than-expected first shipment of REE (first shipment was July 7th with revenues falling outside of the quarter). The company continues to idle uranium production and vanadium sales at current prices. Investor focus is justifiably more centered on corporate developments than near-term results. The Balance Sheet is getting strong. Energy […]