Skyharbour Resources – Invitation to Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s Uranium Day 2.0

Skyharbour Resources – Invitation to Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s Uranium Day 2.0

SYH ) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s “Uranium Day 2.0: The Emerging Uranium Opportunity”. We invite our shareholders and all interested parties to join us there.

Red Cloud’s 2021 Oktoberfest Fall Mining Showcase:

The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Jordan Trimble, President and CEO will be presenting on Wednesday, October 20 th at 12:30PM PST (3:30PM EST).

For More Information and to Register for the Conference: https://www.redcloudfs.com/oktoberfest2021/ PI Financial’s Uranium Day 2.0: The Emerging Uranium Opportunity: PI’s conference will be a virtual event and will take place on October 27 th , 2021. Jordan Trimble will be presenting at 12:10pm PST (3:10pm EST). For More Information and to Register for the Conference: https://zoom.us/webinar/register/WN_v180HBQYTem4atpfZ2bG-A […]

Uranium ETFs Explode

Uranium ETFs Explode

Nuclear energy has a bad reputation. Say “Chernobyl” or “Three Mile Island” and many remember dangerous and costly incidents that had negative effects for years to come.

But with the consequences of fossil fuels becoming more apparent every day, some are touting nuclear energy as a zero-emission clean energy source worth considering. And this change of heart has boosted assets and returns for nuclear energy ETFs over the past year.

On Tuesday alone, uranium-linked ETFs had an explosive day. The North Shore Global Uranium Mining ETF (URNM) rose by 13.5% while the Global X Uranium ETF (URA) gained 11.7%.

This rise adds to both funds’ strong gains over the trailing year. As with most thematic ETFs, there is considerable dispersion among the three ETFs that fall into the nuclear energy ETFs.The two uranium ETFs have significantly outperformed the VanEck Uranium+Nuclear Energy ETF (NLR) , which takes a wider view of the nuclear […]

ALX Resources Corp. Completes Geochemical Survey at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. Completes Geochemical Survey at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

Vancouver, British Columbia–(Newsfile Corp. – October 14, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the completion of a geochemical survey at its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project"). Gibbons Creek currently 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.

2021-2022 Exploration at Gibbons Creek

In early October 2021, ALX commenced a Spatiotemporal Geochemical Hydrocarbons ("SGH") soil geochemistry survey at Gibbons Creek. SGH is an analytical method developed by Actlabs of Ancaster, Ontario, Canada that is designed to detect subtle geochemical anomalies emanating from a buried source. Three hundred and twenty-one (321) samples were collected from a 4.4 kilometre-long grid over a strong, untested geophysical conductor detected […]

Uranium miners believe they’re ‘on the cusp of a new Renaissance’

Uranium miners believe they’re ‘on the cusp of a new Renaissance’

Pic: Yuri Arcus/E+ via Getty Images. share

Australia’s next uranium producer says the industry is “on the cusp of a new Renaissance” as nuclear utilities begin to engage with miners on the back of price spikes in the spot market.

Uranium miners have suffered from almost a decade of low spot prices that has seen investment leach from the sector.

Owners of nuclear reactors have been able to rely on low-priced material in the spot market to supplement their long-term contracts.That option is quickly closing up as feverish uranium buying from the North American-listed Sprott Physical Uranium Trust, hedge funds and mining companies has put a rocket under uranium prices.Dawdling in the low US$30s for each pound of yellowcake for most of the year, the price shot up to more than US$50/lb in quick time before hitting choppy waters a couple weeks ago.After sliding below US$40/lb it was back up to […]

VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF (NLR) falls 0.48% to Close at $55.68 on October 15

Today, VanEck ETF Trust – VanEck Uranium Nuclear Energy ETF Inc’s (NYSE: NLR) stock fell $0.2682, accounting for a 0.48% decrease. VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF opened at $56.11 before trading between $56.11 and $55.58 throughout Friday’s session. The activity saw VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF’s market cap fall to $30,156,445 on 3,887 shares -below their 30-day average of 4,508.

Visit VanEck ETF Trust – VanEck Uranium Nuclear Energy ETF’s profile for more information. The Daily Fix

BlackRock Beats Q3 Profit Estimates, But Asset Growth Flattens

BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management.Asset managers have benefited from rising global financial markets in recent quarters as investors put money to work, making the […]

Exchange Traded Concepts – North Shore Global Uranium Mining ETF (URNM) falls 1.29% in Light Trading on October 15

Today, Exchange Traded Concepts Trust – North Shore Global Uranium Mining ETF Inc’s (NYSE: URNM) stock fell $1.18, accounting for a 1.29% decrease. Exchange Traded Concepts – North Shore Global Uranium Mining ETF opened at $91.19 before trading between $91.43 and $87.80 throughout Friday’s session. The activity saw Exchange Traded Concepts – North Shore Global Uranium Mining ETF’s market cap fall to $769,590,000 on 494,225 shares -below their 30-day average of 555,493.

Visit Exchange Traded Concepts Trust – North Shore Global Uranium Mining ETF’s profile for more information. The Daily Fix

BlackRock Beats Q3 Profit Estimates, But Asset Growth Flattens

BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management.Asset managers have benefited from rising global financial markets in recent quarters as investors […]

Everything you need to know about uranium

Everything you need to know about uranium

Uranium is one of the hottest commodities in the world right now, with most equities rallying by multiples over the last year. But what’s all the fuss about?

I recently penned a major article about the sector , with input from Brandon Munro, CEO of Bannerman Resources and co-Chair of the World Nuclear Association’s Nuclear Fuel Demand Working Group, Leigh Curyer, CEO of NexGen Energy, and Guy Keller , Portfolio Manager of the Tribeca Nuclear Opportunities Fund.

Despite the article’s considerable length, there was an awful lot that ended up on the cutting room floor. Given the incredible response I received for the article, I’ve edited the three interviews into a special podcast miniseries, so that you can get all the detail on the sector that your heart desires.

We hear about the history of the uranium market over the last 10 years and how we got here today, where future demand […]

Form 6-K Uranium Royalty Corp. For: Oct 15

Tweet Share E-mail

Get inside Wall Street with StreetInsider Premium . Claim your 1-week free trial here .

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13 a-16 or 15d-16 UNDER the Securities Exchange Act of 1934 For the month of October 2021 Commission File No.: 001-40359 Uranium Royalty Corp. (Translation of registrant’s name into English) Suite 1830, 1030 West Georgia Street Vancouver, British Columbia, V6E 2Y3, Canada (Address of principal executive office)Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.Form 20-F ☐ Form 40-F ☒Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐Indicate by check mark if the registrant is submitting the Form 6-K […]

VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF (NLR) gains 0.36% on Moderate Volume October 14

VanEck ETF Trust – VanEck Uranium Nuclear Energy ETF (NYSE: NLR) shares gained 0.36%, or $0.2 per share, to close Thursday at $55.95. After opening the day at $56.05, shares of VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF fluctuated between $56.25 and $55.56. 4,470 shares traded hands a decrease from their 30 day average of 4,581. Thursday’s activity brought VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF’s market cap to $30,301,602.

Visit VanEck ETF Trust – VanEck Uranium Nuclear Energy ETF’s profile for more information. The Daily Fix

BlackRock Beats Q3 Profit Estimates, But Asset Growth Flattens

BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management.Asset managers have benefited from rising global financial markets in recent quarters as investors […]

Skyharbour Resources – Invitation to Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s Uranium Day 2.0

Skyharbour Resources – Invitation to Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s Uranium Day 2.0

VANCOUVER, British Columbia, Oct. 15, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s “Uranium Day 2.0: The Emerging Uranium Opportunity”. We invite our shareholders and all interested parties to join us there.

Red Cloud’s 2021 Oktoberfest Fall Mining Showcase:

The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Jordan Trimble, President and CEO will be presenting on Wednesday, October 20 th at 12:30PM PST (3:30PM EST).

For More Information and to Register for the Conference: https://www.redcloudfs.com/oktoberfest2021/ PI Financial’s Uranium Day 2.0: The Emerging Uranium Opportunity: PI’s conference will be a virtual event and will take place on October 27 th , 2021. Jordan Trimble will be presenting […]

Top Stories This Week: Gold’s “Ball and Chain,” Advice for Uranium Investors

Top Stories This Week: Gold’s “Ball and Chain,” Advice for Uranium Investors

Gold spent much of September and early October trending down, but this week was different.

The yellow metal was on the rise, and was trading near the US$1,800 per ounce mark midway through the week. At the time of this writing on Friday (October 15) afternoon, it had sunk to around US$1,770.

Market watchers have attributed gold’s mid-week climb to a number of factors, including inflation concerns, a weaker US dollar and lower 10 year Treasury yields. Gold Outlook 2021! Gold In 2021 – Will It Be Another Wild Ride?

What’s Next For The Gold market? Our Exclusive Report Provides You With All The Information Needed To Make An Informed Decision. It’s also worth noting that the US Federal Reserve’s latest meeting minutes were released this week; the minutes, which are from the central bank’s September 21 to 22 meeting, indicate that officials believe tapering of bond purchases should start […]

Uranium ETFs Explode

Uranium ETFs Explode

Nuclear energy has a bad reputation. Say “Chernobyl” or “Three Mile Island” and many remember dangerous and costly incidents that had negative effects for years to come.

But with the consequences of fossil fuels becoming more apparent every day, some are touting nuclear energy as a zero-emission clean energy source worth considering. And this change of heart has boosted assets and returns for nuclear energy ETFs over the past year.

On Tuesday alone, uranium-linked ETFs had an explosive day. The North Shore Global Uranium Mining ETF (URNM) rose by 13.5% while the Global X Uranium ETF (URA) gained 11.7%.

This rise adds to both funds’ strong gains over the trailing year. As with most thematic ETFs, there is considerable dispersion among the three ETFs that fall into the nuclear energy ETFs.The two uranium ETFs have significantly outperformed the VanEck Uranium+Nuclear Energy ETF (NLR) , which takes a wider view of the nuclear […]

Global X Funds – Global X Uranium ETF (URA) falls 2.89% in Active Trading on October 14

Today, Global X Funds – Global X Uranium ETF Inc’s (NYSE: URA) stock fell $0.83, accounting for a 2.89% decrease. Global X Funds – Global X Uranium ETF opened at $28.49 before trading between $28.55 and $27.44 throughout Thursday’s session. The activity saw Global X Funds – Global X Uranium ETF’s market cap fall to $1,117,525,831 on 3,286,792 shares -above their 30-day average of 2,526,394.

Visit Global X Funds – Global X Uranium ETF’s profile for more information. The Daily Fix

JPMorgan Misses on Third Quarter Revenue, Beats Earnings Estimates With One-Time Items

JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels.The nation’s largest bank by assets said it earned a profit of $11.69 billion, or $3.74 per share, compared with a profit of $9.44 billion, […]

Selling Your Uranium Energy Corp. (AMEX:UEC) Stock? Here’s What You Need To Know

Uranium Energy Corp. (AMEX:UEC) shares, rose in value on Thursday, 10/14/21, with the stock price down by -3.39% to the previous day’s close as strong demand from buyers drove the stock to $3.42.

Actively observing the price movement in the last trading, the stock closed the session at $3.54, falling within a range of $3.33 and $3.62. The value of beta (5-year monthly) was 2.43. Referring to stock’s 52-week performance, its high was $3.77, and the low was $0.82. On the whole, UEC has fluctuated by -7.32% over the past month.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We’ve set up an alert service to […]

Thinking Of Selling Uranium Royalty Corp. (NASDAQ: UROY) Stock? Check This Out First

Uranium Royalty Corp. (NASDAQ:UROY) shares, rose in value on Thursday, 10/14/21, with the stock price down by -4.86% to the previous day’s close as strong demand from buyers drove the stock to $4.70.

Actively observing the price movement in the last trading, the stock closed the session at $4.94, falling within a range of $4.60 and $5.07. Referring to stock’s 52-week performance, its high was $5.60, and the low was $0.81. On the whole, UROY has fluctuated by -12.80% over the past month.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

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

URA: The Thrill Of The Uranium Chase

URA: The Thrill Of The Uranium Chase

Summary

URA provides investors with diversified exposure to the uranium sector.

We look at the holdings and the longer-term performance.

We examine the valuation and give you our verdict. I do much more than just articles at Conservative Income Portfolio: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » JacobH/iStock via Getty Images While investors have been observing that oil and gas equities are not dead, there are some areas of the energy market that are actually delivering even bigger returns. We are referring to the Global X Uranium ETF ( URA ) which has almost doubled the price returns of the Energy Select Sector SPDR ETF ( XLE ). Data by YCharts We take a look at this fund today to see what it does and whether we can get behind this one for an investment. The Fund URA provides […]

Purepoint Uranium Announces Participation in Red Cloud’s 2021 Oktoberfest Fall Mining Show Case and the 2021 New Orleans Investment Conference

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here .

Toronto, Ontario–(Newsfile Corp. – October 14, 2021) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF ) ("Purepoint" or the "Company" ) announced that the Company will be presenting at the Red Cloud’s 2021 Virtual Oktoberfest Fall Mining Showcase, taking place from October 18-20, 2021 and at the 2021 New Orleans Investment Conference from October 19-22, 2021.

Chris Frostad, President and CEO, will be presenting virtually at the Red Cloud’s 2021 Virtual Oktoberfest Fall Mining Showcase on Wednesday, October 20, 2021 at 2:45 pm ET . To register for the conference, please visit: https://www.redcloudfs.com/oktoberfest2021/ .

Chris Frostad will also be hosting a luncheon presentation at the 2021 New Orleans Investment Conference on Friday, October 22, 2021 at 12:30 pm local time . During this presentation, Chris will be sharing […]

VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF (NLR) gains 1.68% on Strong Volume October 13

VanEck ETF Trust – VanEck Uranium Nuclear Energy ETF (NYSE: NLR) shares gained 1.68%, or $0.9187 per share, to close Wednesday at $55.74. After opening the day at $55.51, shares of VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF fluctuated between $55.85 and $54.74. 6,394 shares traded hands an increase from their 30 day average of 4,431. Wednesday’s activity brought VanEck Vectors ETF – VanEck Vectors Uranium+Nuclear Energy ETF’s market cap to $30,193,276.

Visit VanEck ETF Trust – VanEck Uranium Nuclear Energy ETF’s profile for more information. The Daily Fix

BlackRock Beats Q3 Profit Estimates, But Asset Growth Flattens

BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management.Asset managers have benefited from rising global financial markets in recent quarters as investors […]

The Uranium Energy Corp. (AMEX: UEC) Stock Jumped 9.26% In A Single Month – Are There Any Hopes For A Gain?

During the last session, Uranium Energy Corp. (AMEX:UEC)’s traded shares were 14.05 million, with the beta value of the company hitting 2.23. At the end of the trading day, the stock’s price was $3.54, reflecting an intraday gain of 5.67% or $0.19. The 52-week high for the UEC share is $3.77, that puts it down -6.5 from that peak though still a striking 76.84% gain since the share price plummeted to a 52-week low of $0.82. The company’s market capitalization is $862.66M, and the average intraday trading volume over the past 10 days was 6.74 million shares, and the average trade volume was 6.37 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 3 analysts who have looked at this stock. […]

Global X Funds - Global X Uranium ETF (URA) gains 6.84% in Active Trading on October 13

Global X Funds – Global X Uranium ETF (URA) gains 6.84% in Active Trading on October 13

Global X Funds – Global X Uranium ETF (NYSE: URA) gained to close at $28.76 Wednesday after gaining $1.84 (6.84%) on volume of 6,272,948 shares. The stock ranged from a high of $29.39 to a low of $26.72 while Global X Funds – Global X Uranium ETF’s market cap now stands at $1,137,793,514.

Visit Global X Funds – Global X Uranium ETF’s profile for more information. The Daily Fix

Emerson Electric To Merge Industrial Software Businesses With Aspen Technology

Industrial software maker Emerson Electric Co ( NYSE: EMR ) will merge two of its businesses with smaller rival, Aspen Technology Inc ( Nasdaq:AZPN ), in a deal worth $11 billion.The cash-and-stock transaction announced Monday values AspenTech at about $160 per share, a 27% premium to its Oct. 6 close, before Bloomberg News first reported on talks between the two companies.[ More ] JPMorgan Misses on Third Quarter Revenue, Beats Earnings […]

ASX uranium shares are surging this week. Here’s why

ASX uranium shares are surging this week. Here’s why

ASX uranium shares are surging across the board for a second day following a tsunami of capital inflow into the sector. Let’s take a closer look at what’s going on today. ASX uranium shares extend winning streak

Yesterday, ASX uranium shares rallied double-digits across the board from the largest, most established players like Paladin Energy Ltd (ASX: PDN) all the way through to speculative explorers like 92 Energy Ltd (ASX: 92E) .

The bullish performance continues on Thursday, with the Paladin Energy share price opening 5.2% to 91.5 cents this morning.

More advanced explorers such as Boss Energy Ltd (ASX: BOE) and Deep Yellow Limited (ASX: DYL) also opened a respective 5.4% and 2.3% higher at the morning bell.On the more speculative end of town, ASX uranium shares including Bannerman Energy Ltd (ASX: BMN) , Lotus Resources Ltd (ASX: LOT) , Peninsula Energy Ltd (ASX: PEN) , and Alligator Energy Ltd […]

Lotus Resources ups uranium resource in Malawi with purchase of 6Mlb deposit

Lotus Resources ups uranium resource in Malawi with purchase of 6Mlb deposit

Lotus Resources ASX LOT uranium resource Malawi deposit Livingstonia project Lotus Resources (ASX: LOT) , which is working to reopen the mothballed Kayelekera uranium mine in Malawi, has increased the size of its other project in the central African country, adding six million pounds of uranium oxide for an outlay of US$25,000 ($33,850).

That equates to US$0.004 per pound, against a spot futures price overnight hitting US$46.50/lb — up 16.25% in one session — and now bounding closer to the US$60/lb figure widely quoted as a trigger for global new mine development to begin.

The newly acquired Livingstonia project is located in Northern Malawi lies 90km southeast of Kayelekera.

Livingstonia is hosted in the prospective Karoo-equivalent sedimentary sequence which is also host to the main deposit associated with Kayelekera, the company says. Potential for satellite uranium production This new ground is directly along trend from Lotus’ Livingstonia North project,Drilling at the northern […]

Why Uranium Stocks Jumped Wednesday

Why Uranium Stocks Jumped Wednesday

What happened

Uranium stocks are back in action after taking a breather last month, with stocks across the board surging in the past two days. Here’s how much some of the notable uranium stocks had gained on Wednesday by market close: Ur-Energy (NYSEMKT: URG): Up 5.1%.

Denison Mines (NYSEMKT: DNN): Up 5.6%.

Energy Fuels (NYSEMKT: UUUU): Up 4.9%. Uranium Energy (NYSEMKT: UEC): Up 5.7%. Cameco Corp (NYSE: CCJ): Up 4.7%. So what Uranium stocks were on fire until about a month ago when uranium prices reversed course after a torrid run up, driven by aggressive spot uranium purchases by Sprott Physical Uranium Trust (OTC: SRUU.F) since the exchange-traded fund ‘s inception mid-July. After an update about uranium purchases on Sept. 17, Sprott went silent, triggering fears among investors about a potential crack in uranium prices.Sprott’s dry spell ended in October, with the fund announcing it had purchased 400,000 pounds […]

ASX Update: Uranium, infant formula shine in sluggish session

ASX Update: Uranium, infant formula shine in sluggish session

The share market marked time ahead of risk events in the US as gains in growth and defensive stocks were largely offset by declines in heavyweight banks and iron ore producers.

The S&P/ASX 200 traded both sides of break-even before reaching mid-session six points or less than 0.1 per cent in the red.

Tech stocks, gold miners and real estate trusts rose. CBA and Bank of Queensland declined after market updates. Uranium stocks surged after several European countries asked the EU to recognise nuclear power as green energy. What’s driving the market

Buying interest was kept in check by a third straight decline on Wall Street. The S&P 500 eased 0.24 per cent overnight as investors continued to reduce exposure ahead of several potential market-moving events.All eyes will be on tonight’s US September consumer prices update, the minutes from the last Federal Reserve meeting and the launch of a new corporate […]

Blue Sky Uranium Announces Warrant Exercise Incentive Program

VANCOUVER, BC, Oct. 7, 2021 /PRNewswire/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), "Blue Sky" or the "Company") announces that it intends to implement a warrant exercise incentive program (the " Incentive Program "). The Company has applied for TSX Venture Exchange (the " TSXV ") approval for the Incentive Program.

As announced on October 23, 2019, the Company completed a private placement offering of 5,793,333 units (" Units ") at a subscription price of $0.15 per Unit. Each unit was comprised of one common share and one common share purchase warrant for two years at $0.25 from the date of issuance (the " Placement Warrants "). All of the Placement Warrants remain outstanding expiring October 23, 2021 (the " Expiry Date ").

The Incentive Program will commence on the date of receipt of conditional acceptance by the TSXV and will expire at 4:00 p.m. (Vancouver time) […]