International Consolidated Uranium Closes Oversubscribed C$5.5 Million Private Placement

International Consolidated Uranium Closes Oversubscribed C$5.5 Million Private Placement

VANCOUVER, BC, Dec. 30, 2020 /CNW/ – International Consolidated Uranium Inc. (" CUR " or the " Company ") (TSXV: CUR) is pleased to announce that, further to its press releases from December 15, 2020, the Company has closed a non-brokered private placement financing of units of the Company (the " Units ") at a price of C$0.80 per Unit, for gross proceeds of C$5,500,000 (the " Offering "). Red Cloud Securities Inc. (" Red Cloud ") acted as a finder in connection with the Offering. International Consolidated Uranium Inc. logo (CNW Group/International Consolidated Uranium Inc.) Each Unit is comprised of one common share (" Common Share ") of the Company and one-half of one whole common share purchase warrant (each whole warrant, a " Warrant "). Each Warrant entitles the holder thereof to purchase one Common Share for a period of three years from the closing of the […]

Fission Uranium Closes C$7.0 Million Bought Deal Offering

Fission Uranium Closes C$7.0 Million Bought Deal Offering

Red Cloud Securities Inc. acted as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters including Eight Capital and Canaccord Genuity Corp (collectively, the " Underwriters ").

Each FT Unit consisted of one common share of the Company to be issued as "flow-through shares" within the meaning of the Income Tax Act (Canada) (the " Income Tax Act ") and one half of one common share purchase warrant (each whole warrant, a " Warrant "). Each Warrant shall entitle the holder to purchase one common share of the Company (each, a " Warrant Share ") at a price of C$0.50 at any time on or before 5:00 pm on December 21, 2022. The Warrant Shares issued on exercise of the Warrants will not be "flow-through shares" for the purposes of the Income Tax Act.

The Underwriters received a cash commission of 6.0% of the gross proceeds of the […]

Uranium Week: Uranium Supply Risk From Pandemic

Uranium Week: Uranium Supply Risk From Pandemic

While the uranium spot price continues in a narrow trading band, Cameco places its North Saskatchewan operations on care and maintenance

-Cameco suspends Cigar Lake operations
-Positive UK government nuclear initiatives
-Uranium spot price remains range-bound

Cameco, the world’s second largest uranium producer, suspended operations at its Cigar Lake Mine on December 14. This was after finding six positive covid cases in its North Saskatchewan operations.In an official statement, the company noted a "significant negative trend" in Saskatchewan case numbers, which has contributed to uncertainty over the mine’s operations. That uncertainty was attributed in part to a lack of access to qualified staff, due to a shrinking number of available workers resulting from self-isolation, absenteeism and pandemic-related disruptions to transportation.The company stated “Our deliveries to date have not been materially impacted by covid-19, nor do we expect there will be a material impact on our remaining 2020 deliveries.”Cameco CEO […]

Fission Uranium Files C$60 Million Base Shelf Prospectus

Fission Uranium Files C$60 Million Base Shelf Prospectus

KELOWNA, BC, Dec. 8, 2020 /CNW/ – FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to announce that it has filed a final short form base shelf prospectus with the securities commissions or similar regulatory authorities in each of the provinces and territories of Canada. The base shelf prospectus will allow Fission to offer up to C$60,000,000 of common shares, subscription receipts, units, debt securities, warrants and share purchase contracts from time to time over the 25 month period after the applicable Canadian securities regulatory authorities have issued a receipt for the final short form base shelf prospectus.

The terms of any future offerings, if any, will be established at the time of such offerings. At the time any securities covered by the shelf prospectus are offered for sale, a prospectus supplement containing specific information about the terms of any such offering will be filed with applicable Canadian securities […]

Uranium Energy Corp. (UEC) can’t be written off after posting last 3-months Average volume of 1.53M

Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $1.39 to be very precise. The Stock rose vividly during the last session to $1.48 after opening rate of $1.30 while the lowest price it went was recorded $1.28 before closing at $1.43.

Recently in News on December 3, 2020, Le Petit Prince (The Little Prince) is turning 75 years old, “a nice birthday to launch a collection of children’s eyeglass frames”. PARIS, Dec. 3, 2020 /CNW/ — The news has spread like a nice fairy tale for Leyesens, a French company specialized in eyewear licensing. Born from the imagination of Antoine de Saint Exupéry in New York in 1943, Le Petit Prince is a philosophical tale with 200 million copies sold and 400 official translations, which makes it the most translated book after the bible and a true global commercial phenomenon. You can read […]

Uranium Energy Corp. (NYSE:UEC) Jumps 18.18% in Recent Session, What Things You Absolutely Need To Know?

Uranium Energy Corp. (NYSE:UEC) price closed higher on Monday, Dec 07, jumping 18.18% above its previous close.

A look at the daily price movement shows that the previous day close read $1.21, with intraday deals fluctuating between $1.2800 and $1.4800. The company’s 5Y monthly beta was ticking 2.1 while its P/E ratio in the trailing 12-month period read 0. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.29 and 52-week low of $0.35. The stock added 56.64% on its value in the past month. Wake Up Feeling Refreshed with CBD Many CBD users have reported that they fall to sleep quicker and feel more refreshed when they wake up. Stop the tossing and turning and try CBD for an all-natural aid to get a good nights rest.
Continue Reading Uranium Energy Corp., which has a market valuation of $256.57 Million […]

Standard Uranium Reports High-Grade Uranium Results at Sun Dog Project – Uranium City

Standard Uranium Reports High-Grade Uranium Results at Sun Dog Project – Uranium City

Standard Uranium Ltd. is pleased to announce high-grade analytical results from the fall, 2020 site visit at its 15,770 hectare, 100% owned, Sun Dog Project previously known as the Gunnar Uranium Project. The three main target areas: Skye, Java and Haven have returned outcrop and boulder grab sample results with a high of 3.58% U 3 0 8 1.7% U 3 0 8 and 0.7% U 3 0 8 respectively. As noted in the July 15, 2020 news …

Standard Uranium Ltd. (“ Standard Uranium ” or the “Company”) (TSX-V: STND) (Frankfurt: FWB:9SU) is pleased to announce high-grade analytical results from the fall, 2020 site visit at its 15,770 hectare, 100% owned, Sun Dog Project (the “Project”), previously known as the Gunnar Uranium Project. The three main target areas: Skye, Java and Haven have returned outcrop and boulder grab sample results with a high of 3.58% U 3 0 […]

Purepoint Uranium Group Inc. Announces Private Placement

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

TORONTO, Dec. 8, 2020 /CNW/ – Purepoint Uranium Group Inc. (TSXV: PTU ) (the "Company") announced today that concurrent with its previously announced $1,000,000 Flow-Through Private Placement ( December 1, 2020 ), it is now also offering up to 5,000,000 common share units (the "Units") on a private placement basis at a price of $0.05 per Unit for aggregate gross proceeds up to $250,000 (the " Hard Dollar Private Placement ") in order to accommodate increase interest from non-Canadian investors. Each Common Share Unit is comprised of one common share in the capital of the Company and 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 $0.08 per share for a period of 24 months from the date of issuance.

The […]

Baselode Energy Upsizes Flow-Through Private Placement For Up to $2 Million

Baselode Energy Upsizes Flow-Through Private Placement For Up to $2 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Baselode Energy Corp. is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement offering to up to C$2.0M consisting of up to 5,000,000 flow-through units of the Company at a price of C$0.40 per FT Unit. Each FT Unit shall be comprised of one …

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Baselode Energy Corp. (” Baselode ” or the ” Company “) ( TSXV: FIND ) is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement offering to up to C$2.0M (the “Offering”), consisting of up to 5,000,000 flow-through units (the “FT Units”) of the Company at a price of C$0.40 per FT Unit. Each FT Unit […]

One to watch: IsoEnergy Ltd’s Uranium exploration and development at the Larocque East property

One to watch: IsoEnergy Ltd’s Uranium exploration and development at the Larocque East property

ISOENERGY INC ( TSXV:ISO | OTC:ISENF ) Uranium Explorer IsoEnergy Drills Best Hole to Date

When cash is thin on the ground and businesses are going belly up, a cash rich company is worth its weight in gold. Here we have IsoEnergy Ltd ( TSXV:ISO | OTC:ISENF ) , a Uranium exploration and development company worth watching. With $11.8M in the bank, it’s a company well-funded and ready to rock. Final Summer Drill Results Delight!

ISOENERGY INC ( TSXV:ISO | OTC:ISENF )

IsoEnergy just announced it’s thrilled with its final chemical assay results from its summer drill program. It completed this program at the end of October, at its recently discovered Hurricane zone. This is an area of high-grade uranium mineralization, discovered on IsoEnergy’s 100% owned Larocque East property. The Hurricane zone is in the Eastern Athabasca Basin of Saskatchewan, Canada, where the company owns several assets.The most noteworthy of […]

Is Uranium Energy Corp. (NYSE:UEC) Stock Ready for a Higher Run in its Share Price?

In the latest trading session, 4,488,157 Uranium Energy Corp.(NYSE:UEC) shares changed hands as the company’s beta touched 2.1. With the company’s most recent per share price at $1.43 changing hands around $0.22 or 0.18% at last look, the market valuation stands at $278.01 Million. UEC’s current price is a discount, trading about -2.72% off its 52-week high of $1.4689. The share price had its 52-week low at $0.35, which suggests the current value is an impressive 75.52% up since then. When we look at Uranium Energy Corp.’s average trading volume, we note the 10-day average is 1.54 Million shares, with the 3-month average coming to 1.43 Million.

Analysts give the Uranium Energy Corp. (UEC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.7. If we narrow down to specifics, the data shows that none out of 5 analysts rate the stock as a Sell, with […]

Nuclear, Power: Things Getting Interesting for this Uranium ETF

Nuclear, Power: Things Getting Interesting for this Uranium ETF

With clean energy on the rise and coal seemingly on its last legs, there’s plenty of talk about the power sources of the future. Uranium and the Global X Uranium ETF (URA) want to take part in that conversation.

URA seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) based on the securities in the underlying index.

Investors are starting to embrace the URA story. Last Friday, the fund surged 7.12% on volume that was more than quadruple the daily average.

“Uranium stocks soared on Friday after House and Senate lawmakers revealed a compromise version of the annual National Defense Authorization Act. According to […]

International Consolidated Uranium Closes Option Agreement to Acquire the Moran Lake Uranium and Vanadium Project

International Consolidated Uranium Closes Option Agreement to Acquire the Moran Lake Uranium and Vanadium Project

November 18, 2020, the Company has received approval from the TSX Venture Exchange (the " TSXV ") with respect to the option agreement with a private, arm’s length party (the " Vendor ") providing CUR with the option to acquire a 100%, undivided interest, in the Moran Lake Project (the " Property ") located in the Central Mineral Belt of Labrador, Canada (the " Option Agreement ").

Philip Williams, CEO, commented, "With the Moran Lake Option Agreement approved by the TSXV and the initial payment made, we have firmly established ourselves as a player in the Central Mineral Belt. At Moran Lake, the C Zone was the subject of significant past exploration and contains both uranium and vanadium resources. We believe the area, also home to Paladin Energy’s Michelin project, has the critical mass to one day support the development of a uranium mining operation, and the potential for […]

Ellis Martin Report: Skyharbour Resources Expands High Grade Maverick East Uranium Zone with New Drill Results

Ellis Martin Report: Skyharbour Resources Expands High Grade Maverick East Uranium Zone with New Drill Results

Malibu, CA, United States (ABN Newswire) – Join Ellis Martin for a conversation with Jordan Trimble, the President and Chief Executive Officer of Skyharbour Resources (CVE:SYH) (OTCMKTS:SYHBF) a preeminent uranium and thorium exploration Company with projects located in the prolific Athabasca Basin of Saskatchewan, Canada which was ranked as the best mining jurisdiction to work in globally by the Fraser Institute in 2017.

Skyharbour Expands High Grade Maverick East Zone with Drill Results of 0.72% U3O8 over 17.5m including 1.00% U3O8 over 10.0m; Additional Assays are Pending.

The Company has been acquiring top tier exploration projects at attractive valuations culminating in five uranium properties totalling approx. 200,000 hectares throughout the Basin.

In July 2016, Skyharbour secured an option from Denison Mines (TSE:DML) to acquire a 100% interest in the Moore Uranium Project, now the flagship project, which hosts the high grade Maverick Zone.The Company is run by a strong management and geological […]

Uranium Participation Corporation Reports Estimated Net Asset Value and Uranium Sales at November 30, 2020

TSX Trading symbol: U

TORONTO, Dec. 7, 2020 – Uranium Participation Corp. ("UPC") (TSX: U) reports its estimated net asset value at November 30, 2020 was CAD$668.7 million or CAD$4.93 per share. As at November 30, 2020, UPC’s uranium investment portfolio consisted of the following: (View PDF version) (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium:

Uranium oxide in concentrates ("U 3 O 8 ") 16,008,373 lbs $ 611,231 Uranium hexafluoride ("UF 6 ") 400,000 KgU $ 50,304

$ 661,535 U 3 O 8 fair value 1 per pound: – In Canadian dollars 1 $ 38.18 – In United States dollars $ 29.45 UF 6 fair value 1 per KgU: – In Canadian dollars 1 $ 125.76 – In United States dollars $ 97.00 1 Fair values are month-end spot prices […]

Azarga Announces Upsized $6 Million Bought Deal Offering

Azarga Announces Upsized $6 Million Bought Deal Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESAzarga Uranium CORP. is pleased to announce that it has amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering Haywood Securities Inc. and Eight Capital have agreed …

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Azarga Uranium CORP. ( TSX:AZZ )(OTCQB:AZZUF)(FRA:P8AA) (“ Azarga Uranium ” or the “Company”) is pleased to announce that it has amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering (as defined below), Haywood Securities Inc. and Eight Capital (collectively, […]

North Shore Global Uranium Mining ETF Marks Its First Year Anniversary

NEW YORK, Dec. 4, 2020 /PRNewswire/ — The North Shore Global Uranium ETF (NYSE:URNM) will be celebrating its one-year anniversary. Launched on 12/4/19, URNM is a targeted play that offers investors efficient access to a global, basket of companies in the uranium industry.

URNM has advanced 18.05% on a price basis since its inception (as of 11/30/20). 1 Assets under management in the fund reached nearly $20MM, a 700% increase since its launch.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Shares are bought and sold at market price and not individually redeemed from the fund. Brokerage commissions will reduce returns. Returns for periods of less than one year are not annualized. For performance current to the […]

Enriched Uranium Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast to 2028 – CNNC, Sinohydro, Jinduicheng Molybdenum, JiangXi Copper Corporation

“ Overview Of Enriched Uranium Industry 2020-2028:

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The Enriched Uranium Market analysis summary by Reports Insights is a thorough study of the current trends leading to this vertical trend in various regions. Research summarizes important details related to market share, market size, applications, statistics and sales. In addition, this study emphasizes thorough competition analysis on market prospects, especially growth strategies that market experts claim.

Enriched Uranium Market competition by top manufacturers as follow: Sinosteel, CNNC, Sinohydro, Jinduicheng Molybdenum, JiangXi Copper Corporation, Cameco, Areva, BHP Billiton, Kazatomprom, APM3, ERA, AtomRedMetZoloto?ARMZ?, Paladin, Navoi, Rio Tinto Group, Centrus (USEC), Tenex, Piketon, Angarsk, Get a Sample PDF copy of the report @ https://reportsinsights.com/sample/191499 The global Enriched Uranium market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and […]

The Global X Uranium ETF Product Is A Bet On An Alternative Energy Commodity

The Global X Uranium ETF Product Is A Bet On An Alternative Energy Commodity

Summary

URA holds shares of the leading uranium producers.

Uranium’s price has been under pressure for years.

A shift in US energy policy could support uranium.A cheap and diversified ETF to position for a recovery in uranium.A bullish trend in URA since March. Looking for more investing ideas like this one? Get them exclusively at Hecht Commodity Report. Get started today » Uranium is a chemical element with the symbol U and atomic number 92. It is a silvery-grey metal in the actinide series of the periodic table. A uranium atom has 92 protons and 92 electrons, of which six are valence electrons. A valence electron is an outer shell electron that can form a chemical bond if the outer shell is not closed.Uranium is a primary ingredient in nuclear fuel used to generate electricity in nuclear power stations. Uranium is one of the most common elements in the earth’s crude, as […]

Guy on Rocks: Uranium is starting to spark. These 3 small caps should be on the radar

Guy on Rocks: Uranium is starting to spark. These 3 small caps should be on the radar

Kyle Busch, driver of #18, drives down on the apron throwing sparks on Brad Keselowski, driver of the #2 Miller Lite Dodge, during the NASCAR Budweiser Shootout at Daytona International Speedway. Pic: Getty. share

Guy on Rocks is a Stockhead series looking at the significant happenings of the resources market each week.

Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services provider RM Corporate Finance, shares his high conviction views on the market and his “hot stocks to watch”. Market ructions

There’s lots of news this week driving commodities prices.Iron ore continues its run up, reaching $US136 ($183) a tonne. And, as I said a couple of weeks back , the arrival of the cyclone season will likely see stronger prices in the near term.I note that Vale’s 2021 iron ore production guidance has come in around 315-335 million tonnes […]

Appia Energy Announces Closing of Non-Brokered Private Placement

Appia Energy Announces Closing of Non-Brokered Private Placement

Toronto, Ontario–(Newsfile Corp. – December 3, 2020) – Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") is pleased to announce that it will be closing a non-brokered private placement (the " Offering ") of 1,000,000 flow-through units (the " FT Units ") at $0.40 per FT Unit for proceeds of $400,000 on December 4, 2020.

Each FT Unit is priced at $0.40 and consists of one (1) common share and one-half (0.5) of a share purchase warrant. Each full warrant (" Warran t") entitles the holder to purchase one (1) common share (a " Warrant Share ") at a price of $0.50 per Warrant Share June 4, 2022.

A finder will be paid $24,000 in cash and issued 60,000 broker warrants. Each broker warrant entitles the holder to acquire one (1) common share of the Company at a price of $0.40 until […]

Global Atomic To Present at OTC VirtualInvestorconferences.com December 8, 2020

Global Atomic To Present at OTC VirtualInvestorconferences.com December 8, 2020

– Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO; Frankfurt : G12; OTCQX: GLATF) announced today that Stephen G. Roman President & CEO, will present live at VirtualInvestorConferences.com on Tuesday, December 8 th . (PRNewsfoto/OTC Markets Group (Investor Con) This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

The presentation will focus on the Company’s high-grade Dasa Uranium Project development in the Republic of Niger, West Africa , as well as the BST Zinc operation in Turkey. Highlights include:

DASA The highest-grade uranium project currently being developed in Africa

Assuming a uranium price of $35 /lb, the May 2020 PEA calculated a 26.6% after-tax rate of return Low capital […]

UEX Announces Closing of Upsized C$6.0 Million Bought Deal Private Placement

UEX Announces Closing of Upsized C$6.0 Million Bought Deal Private Placement

(TheNewswire)

Saskatoon, Saskatchewan TheNewswire – December 2, 2020 UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce that it has closed its previously announced “bought deal” private placement of an aggregate of 18,498,665 units of the Company (the “Units”) at a price of C$0.12 per Unit and 27,001,144 common shares of the Company that qualify as “flow-through shares (the “FT Shares”) at a price of C$0.14 per FT Share for gross proceeds of C$6,000,000, including the full exercise of the underwriters’ overallotment option (the “Offering”). The Units and FT Shares were offered and sold through a syndicate of underwriters led by Red Cloud Securities Inc. and included Sprott Capital Partners.

Each Unit is comprised of one common share in the capital of the Company (each a “Common Share”) and one half of one Common Share purchase warrant (each a “Warrant”). Each whole Warrant is exercisable into one […]

Appia Energy Reports on Significant Price Increases in Rare Earth Oxides as China Announces New Export Control Law

Appia Energy Reports on Significant Price Increases in Rare Earth Oxides as China Announces New Export Control Law

Toronto, Ontario–(Newsfile Corp. – December 3, 2020) – Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") today reported that in November, 2020 there were significant price increases in the Rare Earth Elements ("REEs") . In their Oxide form ("REO") , the largest price increases have been in the costliest top six Oxides ranging from over 16% to over 47% by month end. The six include Neodymium, Holium, Neodymium-Praseodymium, Terbium, Praseodymium and Dysprosium.

On December 1, China announced the imposition of export controls, widely seen to be in retaliation for recent actions taken by the USA restricting the supply of electronic materials to China and for the ban on Huawei’s G5 broadband equipment.

The trade war between the USA and China is jeopardizing the availability of critical REEs and the Company’s Alces Lake project contains some of the highest-grade total critical REE mineralization […]

Leigh Curyer Appointed to the International Consolidated Uranium Advisory Board and John Jentz Appointed to the Board of Directors

Leigh Curyer Appointed to the International Consolidated Uranium Advisory Board and John Jentz Appointed to the Board of Directors

Leigh Curyer commented "Todays changes reflect the next step in the planned progression of International Consolidated Uranium. Trevor and myself have overseen the transition of the Company into a leading consolidator of uranium projects globally and, now that it is firmly on that path, it’s time for the new board to oversee the business going forward. This coincides with NexGen moving through final feasibility and permitting in developing the world’s largest uranium project. I look forward to providing advice to the Company from my new role as a member of the Advisory Board."

Philip Williams, CEO commented "On behalf of all shareholders, I would like to thank both Leigh and Trevor for their dedication and contribution over the past years. Both were instrumental in the formation of the Company and were champions of the new business model, providing tremendous vision and tireless effort during the transition process. As a […]