CORPUS CHRISTI, Texas, April 9, 2021 /CNW/ – Uranium Energy Corp (NYSE: UEC) (the "Company" or "UEC") is pleased to announce the closing of its previously announced offering of an aggregate of 3,636,364 shares of common stock of the Company (each, a "Share") at a purchase price of $3.30 per Share and for gross proceeds of $12,000,000 in a registered direct offering (the "Offering").

The Company offered and sold the Shares pursuant to a Securities Purchase Agreement, dated April 5, 2021, with certain institutional investors.

UEC anticipates that the net proceeds of the Offering will be used for additional uranium purchases and for general corporate and working capital purposes.

Following the closing of this offering, the Company has over $110 million in cash, equity and inventory holdings.UEC’s physical uranium initiative is fully funded with cash on hand and now includes 2.105 million pounds of U.S. warehoused uranium at a volume weighted average […]

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CORPUS CHRISTI, Texas, April 9, 2021 /PRNewswire/ – Uranium Energy Corp (NYSE: UEC ) (the "Company" or "UEC") is pleased to announce the closing of its previously announced offering of an aggregate of 3,636,364 shares of common stock of the Company (each, a "Share") at a purchase price of $3.30 per Share and for gross proceeds of $12,000,000 in a registered direct offering (the "Offering").

The Company offered and sold the Shares pursuant to a Securities Purchase Agreement, dated April 5, 2021, with certain institutional investors.

UEC anticipates that the net proceeds of the Offering will be used for additional uranium purchases and for general corporate and working capital purposes.

Following the closing of this offering, the Company has over $110 million in cash, equity and inventory holdings.UEC’s physical uranium initiative is fully funded with cash on hand and now includes 2.105 million pounds of U.S. warehoused uranium at a volume weighted […]

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Uranium and nuclear energy have a bad rep. But is that justified? As we move further into renewable energy, tables are turning. More nuclear projects are coming online and it’s a perfect setup for the best uranium stocks.

The companies below focus on mining and processing uranium. So, as demand climbs, these stocks should do well… Cameco (NYSE: CCJ)

Uranium Energy Corp. (NYSE: UEC)

Ur-Energy (NYSE: URG) Before we dive into these investing opportunities, let’s look at key industry trends. The market is slowly moving away from fossil fuels and nuclear is a top contender… Is Uranium and Nuclear Energy Safe Going Forward? To see where we’re going, we must look back. On top that, it’s useful to understand market sentiment. The public image of nuclear energy isn’t great…When you ask people their opinion on nuclear, you’ll often hear about Three Mile Island, Chernobyl or Fukushima Daiichi. The memories of […]

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Vancouver, British Columbia–(Newsfile Corp. – April 8, 2021) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N ) ("CanAlaska" or the "Company") announces that it has granted incentive stock options to certain directors, officers and consultants of the Company to purchase up to an aggregate of 2,475,000 common shares of the Company pursuant to the company’s share option plan. The options are exercisable for a period of two years at a price of $0.71 per share.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in […]

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CINCINNATI, April 08, 2021 (GLOBE NEWSWIRE) — LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced that it will release third quarter fiscal 2021 results before the market opens on Thursday, April 22, 2021. A conference call will be held that same day at 11:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com. Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. Details of the conference call are as follows: Call Dial-In: 877-407-4018Conference […]

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KELOWNA, BC, April 7, 2021 /CNW/ – FISSION URANIUM CORP. (" Fission " or " the Company ") is pleased to announce results from the first of its 2021 drill programs on the R780E zone of the high-grade Triple R deposit at its’ PLS project, in the Athabasca Basin region of Saskatchewan, Canada. Twenty holes were completed in 7,147.8m, including 1 hole restarted due to excessive deviation. All twenty holes hit wide mineralization in multiple stacked intervals, with thirteen intercepting significant intervals of >10,000 cps radioactivity. The goal of the winter program was to upgrade key sections of the Triple R deposit’s R780E zone to "indicated" category by increasing drill hole density where the resource is largely classified as Inferred. These recently completed holes have the potential to increase the Indicated category resource which may positively impact the planned feasibility study. The holes include PLS21-606 (line 900E), which intersected […]

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Investors are scrambling to secure exposure to uranium amid growing evidence that the market is tightening rapidly, setting the scene for significant price rises. And now a new report from influential North American broker Sprott has named Boss Energy (ASX:BOE) as the “premier next-in-production uranium developer”.

Boss increased its exposure to the uranium market substantially last week when it raised $60 million to buy a large uranium stockpile.

As well as enabling the company to capitalise instantly on rises in the price of uranium, the strategy also delivers Boss a range of options for funding the equity component of its Honeymoon project in South Australia.

Boss has the choice of selling some or all of the stockpile to fund Honeymoon or simply sitting on it as a means of increasing exposure to the uranium price.But the stockpile acquisition also brings other key strategic benefits. These include strengthening its hand in offtake negotiations […]

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TORONTO, April 7, 2021 /CNW/ – Purepoint Uranium Group Inc. (TSXV: PTU ) (" Purepoint " or the " Company ") announced the closing of its brokered private placement (the " Private Placement ") previously announced on March 17, 2021 with Red Cloud Securities Inc. (" Red Cloud ") pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 20,404,095 flow-through units (" FT Units ") at a price of $0.105 per unit and 31,750,778 hard-dollar units ( "Units" together with the FT Units are hereinafter referred to as the " Offered Securities ") at a price of $0.09 per unit for aggregate gross proceeds of $5,000,000. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant (each, […]

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Click to enlarge Uranium that’s produced in Wyoming is, at present, in-situ—which means in place—uranium is dissolved into solution, pumped to the surface and then processed into yellowcake.

Azarga Uranium ( TSX:AZZ , OTCQB:AZZUF , Forum ) is one company currently focused on Wyoming through several projects in the state, including its 100 per cent-owned Gas Hills Uranium Project, which has a deep mining history.

The company recently announced that it had completed an updated National Instrument 43-101 (NI 43-101) resource estimate on the project after additional uranium mineralization had been identified.
Key highlights
Measured and indicated uranium resources rose from 4.73 million pounds to 10.77 million pounds, representing a 128 per cent increase Measured and indicated in-situ recovery (“ISR”) uranium resources totalling 7.71 million pounds (72% of the overall measured and indicted resources) at an average grade of 0.101 per cent U3O8 The Gas Hills Project having the potential […]

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View PDF URANIUM PARTICIPATION CORPORATION REPORTS ESTIMATED NET ASSET VALUE AT MARCH 31, 2021 (CNW Group/Uranium Participation Corporation) On the last trading day of March 2021, the common shares of UPC closed on the TSX at a value of CAD$5.45, which represents a 9.88% premium to the net asset value of CAD$4.96 per share.

About Uranium Participation Corporation

Uranium Participation Corporation is a company that invests substantially all of its assets in uranium oxide in concentrates ("U 3 O 8 ") and uranium hexafluoride ("UF 6 ") (collectively "uranium"), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price. UPC provides investors with a unique opportunity to gain exposure to the price of uranium without the resource or project risk associated with investing in a traditional mining company. Additional information about Uranium Participation Corporation is available on SEDAR […]

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As a market strategist I have no choice but to track the hottest sectors of the market, but I also keep a close watch on the most unloved areas. Like Wayne Gretzky, I like to skate to where the puck will be, not where it is; and today I’m focusing on uranium. Remember nuclear energy? Many don’t, so let’s review. Smashing together atoms of uranium or uranium derivatives causes a chain reaction that unleashes enough energy to destroy the world or, wait for it, power the world. Speaking from Firsthand Experience

My expertise in this area is personal. As a Naval aviator I spent the better part of a decade sleeping on top of two nuclear reactors on several of our nation’s finest aircraft carriers. Those

two reactors could send a 90,000-ton vessel around the world countless times at a top speed that remains confidential. So, with global concern over […]

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TORONTO, March 30, 2021 (GLOBE NEWSWIRE) — Plateau Energy Metals Inc . (“Plateau” or the “Company”) (TSX-V:PLU | OTCQB:PLUUF) is pleased to announce positive preliminary pre-concentration test results from the Colibri II-III and Corachapi uranium deposits at the Company’s Macusani Uranium Project (“Macusani”) in Peru. This process testing was completed by TECMMINE E.I.R.L. (“TECMMINE”), a metallurgical consulting company based in Lima, Peru, and also involved DRA Global in South Africa. These results build from, and improve on, previous work completed by the Cameco Corporation in 2013 when they were involved with the Tantamaco uranium deposit discovery. These results should substantially improve on the encouraging potential economics for Macusani reported in the previous 2016 Preliminary Economic Assessment (“PEA”) 1 and will help form the basis for an updated PEA, currently being contemplated.

Highlights: Colibri II-III Deposit – 81.6% of U retained in 35.3% of original mass passing 300 μm; Calculated […]

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As the uranium prices continue to rally, Morgan Stanley expects inventories to diminish and prices to trend higher

-Morgan Stanley forecasts US$48/lb by 2024.
-Disposal of uranium waste deemed safe
-Spot uranium price climbs nearly 13% in March

The pandemic has been a greater disruption to uranium supply than to demand, with nuclear power proving to be very resilient in most markets. Nonetheless, sales from inventories have capped price upside. As inventories diminish, Morgan Stanley expects the uranium price to trend higher.Increased contracting activity in the enrichment market could be the start of a new long-term uranium contracting cycle. While global nuclear power capacity fell -2.7GW in 2020, Morgan Stanley sees a net 8GW increase in 2021 as new plants come online in China, other Asia and Eastern Europe.Meanwhile, in the recent 14th five-year plan, China is targeting 70GW of nuclear capacity by 2025 from 48GW in 2020. […]

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U.S. president Joe Biden’s $2 trillion plan includes initiatives to help bolster jobs in America, including a push for clean electricity via energy sources like nuclear power. This may help put the Global X Uranium ETF (URA) back on the map.

URA can give ETF investors niche exposure when compared to a broad-based clean energy fund. The announcement of the plan has been having a positive effect thus far, with the fund up close to 7% the past 5 days.

"As the recent Texas power outages demonstrated, our aging electric grid needs urgent modernization," a White House fact sheet noted. "The President’s plan will create a more resilient grid, lower energy bills for middle class Americans, improve air quality and public health outcomes, and create good jobs, with a choice to join a union, on the path to achieving 100% carbon-free electricity by 2035."

Overall, URA seeks to provide investment results that […]

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Investors are scrambling to secure exposure to uranium amid growing evidence that the market is tightening rapidly, setting the scene for significant price rises. And now a new report from influential North American broker Sprott has named Boss Energy (ASX:BOE) as the “premier next-in-production uranium developer”.

Boss increased its exposure to the uranium market substantially last week when it raised $60 million to buy a large uranium stockpile.

As well as enabling the company to capitalise instantly on rises in the price of uranium, the strategy also delivers Boss a range of options for funding the equity component of its Honeymoon project in South Australia.

Boss has the choice of selling some or all of the stockpile to fund Honeymoon or simply sitting on it as a means of increasing exposure to the uranium price.But the stockpile acquisition also brings other key strategic benefits. These include strengthening its hand in offtake negotiations […]

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

U.S. president Joe Biden’s $2 trillion plan includes initiatives to help bolster jobs in America, including a push for clean electricity via energy sources like nuclear power. This may help put the Global X Uranium ETF (URA) back on the map.

URA can give ETF investors niche exposure when compared to a broad-based clean energy fund. The announcement of the plan has been having a positive effect thus far, with the fund up close to 7% the past 5 days.

“As the recent Texas power outages demonstrated, our aging electric grid needs urgent modernization,” a White House fact sheet noted. “The President’s plan will create a more resilient grid, lower energy bills for middle class Americans, improve air quality and public health outcomes, and create good jobs, with a choice to join a union, on the path to achieving 100% carbon-free electricity by 2035.”

Overall, URA seeks to provide investment results that […]

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

Denison Mines Corp. is pleased to announce that it has entered into a Participation and Funding Agreement and Letter of Intent with the English River First Nation in connection with the advancement of the proposed in-situ recovery uranium mining operation at Denison’s 90% owned Wheeler River Uranium Project which is located in the eastern portion of the Athabasca Basin region, in northern Saskatchewan. …

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a Participation and Funding Agreement (the “Participation Agreement”) and Letter of Intent (the “LOI”) with the English River First Nation (“ERFN”) in connection with the advancement of the proposed in-situ recovery (“ISR”) uranium mining operation at Denison’s 90% owned Wheeler River Uranium Project (“Wheeler River Project”), which is located in the eastern portion of the Athabasca Basin region, in northern Saskatchewan. Additionally, Denison and ERFN […]

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“ Uranium Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast.

Latest launched research on Global Uranium Market , it provides detailed analysis with presentable graphs, charts and tables. This report covers an in depth study of the Uranium Market size, growth, and share, trends, consumption, segments, application and Forecast 2027. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Uranium Market. This report has been prepared by experienced and knowledgeable market analysts and researchers. Each section of the research study is specially prepared to explore key aspects of the global Uranium Market. Buyers of the report will have access to accurate PESTLE, SWOT and other types of analysis on the global Uranium market. Moreover, it offers highly accurate estimations on […]

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(Image via Azincourt Energy Corp.) 2021 is shaping up to be a big year for uranium as global demand continues to rise with trends pointing toward greater energy consumption and lower carbon solutions ….

A decade since the Fukushima disaster and the spot price for U3O8 moved above $30 per pound for the first time this year, a rebound from an 11-month low of $27.60 nearly a month ago. Producers and mine developers are collecting inventories above-ground and reactor construction continues for a number of others. Major uranium companies (Such as Kazakhstan’s JSC National Atomic Company Kazatomprom and Toronto-based Denison Mines Corp ( TSX: TDML ) ) recently announced plans to make purchases of this nuclear fuel.

Uranium prices have yet to reach their values from early 2020 … but that could mean opportunity awaits for investors. There are several producers and explorers out there who have seen their share […]

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