enCore Energy Announces First Delivery into Uranium Sales Agreement

NYSE American:EU
TSXV:EU
www.encoreuranium.com

CORPUS CHRISTI, Texas, May 1, 2023 /PRNewswire/ – enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the " Company " or " enCore" ) announced today that it has made its first delivery into one of the Company’s four previously announced contracted uranium sales agreements. This delivery of 200,000 pounds U 3 O 8 represents the first portion of the annual deliveries into the 5-year agreement (announced on August 4, 2021) which covers 2 million pounds U 3 O 8 of uranium with significant delivery flexibility for market related pricing. The Company successfully acquired uranium under favorable pricing terms in 2022 from a third party and delivered it into this agreement using current spot market pricing indicators to establish the sales price.

Paul Goranson, enCore Energy Chief Executive Officer said, "As enCore continues to execute on our pipeline to production strategy, it is also […]

Unusual Options Trading on Cameco Corp Stock Prompts Investor Attention

One cannot ignore the unusually large options trading on the stocks of Cameco Co. (NYSE: CCJ) (TSE: CCO) on Thursday, as traders purchased a staggering 384,705 call options. This is an astronomical increase of 1,490% compared to the typical daily volume of 24,198 call options. This has definitely been no small feat in the world of finance and investments.

The market capitalization of Cameco at present stands at $11.52 billion, with a PE ratio of 156.54 and a PEG ratio of 0.47. The beta of the company is 0.94 which implies that it is less volatile than the market as a whole.

The company maintains a prudent financial position evidenced by its low debt-to-equity ratio of 0.17 and strong liquidity ratios with a quick ratio of 4.74 and current ratio at 5.92 – this puts investors’ minds at ease.

Looking into its underlying fundamentals, Cameco’s fifty-day moving average price rests at $26.04 […]

EnCore Energy : YE Dec 2022

Management’s Discussion & Analysis

For the year ended December 31, 2022

2

Set out below is management’s assessment and analysis of the results of operations and financial condition of enCore Energy Corp. and its subsidiaries ("enCore", or the "Company") for the years ended December 31, 2022 and 2021. The following information is prepared as of April 28, 2023 and should be read in conjunction with the consolidated financial statements for the years ended December 31, 2022 and 2021, and the accompanying notes thereto, which have been prepared in accordance with International Financial Reporting Standards ("IFRS"). All dollar figures included in this management’s discussion and analysis ("MD&A") are quoted in United States dollars unless otherwise indicated. Additional information related to the Company is available on SEDAR at www.sedar.com.This MD&A contains certain statements that may be deemed "forward-looking statements". Information set forth may involve forward- looking statements under applicable securities laws. These statements are […]

Uranium Energy (UEC) Outpaces Stock Market Gains: What You Should Know

Uranium Energy (UEC) closed at $2.61 in the latest trading session, marking a +1.16% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.83%. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 4.46%.

Heading into today, shares of the uranium mining and exploration company had lost 11.03% over the past month, lagging the Basic Materials sector’s gain of 0.87% and the S&P 500’s gain of 4.04% in that time.

Uranium Energy will be looking to display strength as it nears its next earnings release. On that day, Uranium Energy is projected to report earnings of -$0.02 per share, which would represent a year-over-year decline of 166.67%.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.02 per share and revenue of $113.95 million, which would represent changes of -200% and +391.99%, respectively, from the prior year.Any recent changes to analyst estimates for […]

Skyharbour Resources to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Mr. Jordan Trimble reports:

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake […]

Skyharbour to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:

https://skyharbourltd.com/_resources/images/South-Dufferin-Property-Map.jpg

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake project, South Dufferin will become a part of Skyharbour’s prospect generator […]

F3 Uranium Provides Update Regarding Private Placements

Mr. Dev Randhawa reports:

Kelowna, British Columbia–(Newsfile Corp. – April 28, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (" F3 Uranium " or the " Company ") announces that, further to its press releases dated April 18, 2023 in connection with a proposed bought deal private placement (the " Brokered Private Placement ") for gross proceeds of C$8,000,000 and a proposed concurrent non-brokered private placement for gross proceeds of up to an additional C$2,000,000 (the " Non-Brokered Private Placement ", and together with the Brokered Private Placement, the " Private Placements "), the common shares underlying (i) the 17,021,277 flow-through units of the Company (each, a " FT Unit "), and up to an additional 4,255,319 FT Units if the over-allotment option is exercised for up to additional gross proceeds of C$2,000,000, to be issued pursuant to the Brokered Private Placement; and (ii) up to an additional 4,255,319 […]

Skyharbour to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:
https://skyharbourltd.com/_resources/images/South-Dufferin-Property-Map.jpg

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake project, […]

F3 Engages Gina Capital LP

Kelowna, British Columbia–(Newsfile Corp. – April 27, 2023) – F3 Uranium Corp ( TSXV: FUU ) ( OTCQB: FUUFF ) (" F3 Uranium " or the " Company ") is pleased to announce it has engaged Gina Capital LP. of Wadestown Wellington New Zealand to work on their German Investor Engagement campaign. Gina Capital will provide investor relations and consulting services with a focus on the German stock market and the German-speaking investor community. The services include the preparation of articles and coverages on several financial platforms and newsletters. Services will also include the translation and distribution of news releases in Germany. This program will be for a period of 3 months, commencing May 1, 2023. Upon TSXV approval, Gina Capital will invoice F3 an upfront amount of EUR 150,000.

F3 Uranium also announces it has engaged Red Cloud Financial Services Inc. (" Red Cloud ") on an exclusive basis, […]

Skyharbour Resources to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Mr. Jordan Trimble reports:

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake […]

Skyharbour to Acquire 100% of South Dufferin Uranium Project from Denison Mines in the Athabasca Basin, Saskatchewan

Vancouver, BC, April 27, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired 100% of the South Dufferin Uranium Project (“South Dufferin” or the “Project”) from Denison Mines Corp. (“Denison”). The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute.

South Dufferin Property Map:
https://skyharbourltd.com/_resources/images/South-Dufferin-Property-Map.jpg

The new properties recently staked along with South Dufferin bring Skyharbour’s total land package that it has ownership interest in to 504,356 hectares (1,246,290 acres), across twenty-four properties, representing one of the largest project portfolios in the region. As the Company remains focused at its ongoing 10,000m drill program at the Russell Lake project, […]

Traction Uranium on path to discovery with exposure to uranium bearing fluids at Hearty Bay

Traction Uranium Corp provided a promising update on the completed Hearty Bay research program focused on the core samples derived from the winter 2022 diamond drill program on its flagship property in Alberta’s Athabasca region.

The research project on the radiation-induced defects in quartz is a novel uranium vectoring technique pioneered by Yuanming Pan, a professor and research scientist at the University of Saskatchewan. Pan is also a member of Traction Uranium’s technical advisory committee.

“We are thankful for the hard work and dedicated effort Dr Pan’s team has put into the Hearty Bay research program,” Traction Uranium CEO Lester Esteban said in a statement.

“Having the results indicate uranium-bearing fluids have passed through three boreholes confirms that we are on the right track to discovery and helps guide our team in vectoring in on the source of the historic high grade uranium boulder trains discovered at Isle Brochet.”The research program will […]

Guy on Rocks: Are cracks starting to appear in the EV story?

All too easy. Via 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: All quiet on the Western Front

A relatively quiet week if the VIX index (figure 1) is anything to go by which closed at under 17 well below the 5 year mean and median. Major indices were also little moved as US, European and UK PMI figures came in higher than expected. The US came in at 53.5 (consensus 51.2) while Europe came in at 54.4 (consensus 53.7).

The market is now waiting for what looks like an almost certain interest rate rise next week around the 25-basis point mark […]

Kraken Energy Completes VTEM(TM) Airborne Geophysical Survey at Apex Uranium Property

Highly Prospective, Untested Conductive Anomalies and Magnetic Highs Exist Across the Entire 14.5 km Mineralized Strike Length Within the Apex Property

April 26, 2023 ( Source ) – Kraken Energy Corp. ( CSE: UUSA) (OTCQB: UUSAF ) (the “ Company ” or “ Kraken Energy “) is pleased to report on the interpretation of recently flown 669 line-kilometer (“km”) (416 mile) VTEM™ and magnetic airborne geophysical survey on its 100%-owned Apex Property (“ Apex ” or the “ Property “) in Central Nevada.

Conductive graphite and sulphides (pyrite and chalcopyrite) are associated with uranium mineralization on the Property, and the VTEM™ survey results have identified numerous conductive anomalies associated with known uranium mineralization on the Property and also along trend to the east-southeast as high priority blind targets.

Highlights: Known uranium mineralization on the Property is associated with conductive anomalies and magnetic highs. Uranium mineralization at the past-producing Apex and […]

ALX Resources Corp. Update on Lithium Exploration Plans, James Bay Region, Quebec

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Vancouver, British Columbia–(Newsfile Corp. – April 25, 2023) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to provide an update on its 2023 prospecting program at its Hydra Lithium Project ("Hydra", or the "Project") located in the James Bay Region of the Province of Quebec, Canada. The focus of the program is to explore for lithium-cesium-tantalum ("LCT") type pegmatites by way of systematic prospecting, geological mapping and geochemical sampling (the "Program").

2023 Exploration Plans at Hydra

ALX has contracted a Quebec-based geological consulting company and a helicopter for the initial phase of the Program. Accommodation in the James Bay region for exploration workers is sparse due to the immense amount of lithium exploration pending for the 2023 spring/summer season, but the Company […]

NexGen Releases 2022 Sustainability Report

VANCOUVER, BC, April 26, 2023 /PRNewswire/ – NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE ) (ASX: NXG) is pleased to announce the release of its 2022 Sustainability Report ("the Report") that covers the period January 1 to December 31, 2022. The Report marks the third year that NexGen has reported on the Company’s robust Environmental, Social and Governance (ESG) profile and is the first report that fully incorporates all aspects of Global Reporting Initiatives (GRI) compliance. The Report is available online on the Company’s website: https://nexgenenergy2021corp.q4web.com/sustainability/default.aspx#esg

Leigh Curyer, Chief Executive Officer, commented: " 2022 was a year of significant achievements for NexGen, which are a direct reflection of the Company’s values in action. NexGen again extended its reach, expanded its community programs, and increased its impact with meaningful initiatives for optimal Indigenous, community, and stakeholder benefits. The Company also completed important environmental work that has […]

Azincourt Energy adds new lithium project and significantly strengthens portfolio

Azincourt Energy Corp. (TSXV: AAZ) recently announced its acquisition of a lithium project in Newfoundland, signaling a strategic expansion of its portfolio beyond uranium. In an interview with Equity Guru, Azincourt Energy CEO Alex Klenman discussed the company’s decision to diversify its portfolio. As the world moves towards a green energy revolution, the demand for both lithium and uranium surges, highlighting the importance of addressing fragile supply chains and resource concentration. Big Hill Lithium Project acquisition:

Azincourt Energy was established to accommodate multiple materials, and this acquisition falls well within their purview. Klenman emphasized that the company’s mission statement, which has been in place since 2017, remains unchanged. The lithium project is located just south of the Kraken Deposit by Benton and Sokomon, a significant discovery in Newfoundland. Klenman believes that Newfoundland has a lot of potential for lithium exploration, given the lack of work done in the area.

Big […]

GoviEx Announces Upsize to Previously Announced Bought Deal Private Placement to $15 Million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, April 21, 2023 (GLOBE NEWSWIRE) — GoviEx Uranium Inc. (" GoviEx " or the " Company ") (TSXV: GXU; OTCQB: GVXXF) is pleased to announce that it has entered into an amended agreement with Eight Capital and Sprott Capital Partners, as lead underwriters and joint bookrunners (collectively, the " Underwriters "), in connection with an upsized "bought deal" private placement financing of 85,714,200 units of the Company (the " Units ") at a price of $0.175 per Unit (the " Issue Price "), for aggregate gross proceeds of $14,999,985 (the " Offering ").

Each Unit will be comprised of one common share of the Company (each, a " Common Share ") and one common share purchase warrant (each, a " Warrant "), with each Warrant entitling the holder thereof to purchase one […]

Madison Metals Opens Second Channel for Uranium Token Sales

TORONTO, April 25, 2023 (GLOBE NEWSWIRE) — Madison Metals Inc. (the “Company” or “Madison”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce that the Company is in discussions with a development group about issuing a newly listed fungible token (FT) backed by Madison’s uranium resource. The fungible token aims to increase liquid transactions and contract tracing while opening a second channel of asset sales.

Additionally, FT token sales are anticipated to contribute significant cash to Madison’s treasury and will be reported to shareholders once material events are concluded. The added cash generated from a second channel of token sales and royalties from trading will be used by Madison to advance compliant resource/reserve figures, for engineering and economic studies, and for mining at its uranium properties in Namibia, Africa.

Advancement of Madison’s uranium assets is now expected to occur on a non-dilutive basis, representing an industry first. The Company currently has approximately […]

ALX Resources Corp. Update on Lithium Exploration Plans, James Bay Region, Quebec

Vancouver, British Columbia–(Newsfile Corp. – April 25, 2023) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to provide an update on its 2023 prospecting program at its Hydra Lithium Project ("Hydra", or the "Project") located in the James Bay Region of the Province of Quebec, Canada. The focus of the program is to explore for lithium-cesium-tantalum ("LCT") type pegmatites by way of systematic prospecting, geological mapping and geochemical sampling (the "Program").

2023 Exploration Plans at Hydra

ALX has contracted a Quebec-based geological consulting company and a helicopter for the initial phase of the Program. Accommodation in the James Bay region for exploration workers is sparse due to the immense amount of lithium exploration pending for the 2023 spring/summer season, but the Company secured lodgings and will base its initial work from the town of Radisson, Quebec. The Program is planned to […]

Boss confident of Honeymoon restart by year-end

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Boss Energy Limited said it is "well on track to be Australia’s next uranium producer, with strong progress on all fronts" at its Honeymoon in-situ leach (ISL) uranium project in South Australia. Production is scheduled to start at the mine during the final quarter of 2023. Construction of the three start-up wellfields at Honeymoon (Image: Boss Energy) The Perth-based company said it remains fully-funded through to production, with cash on hand of AUD103 million (USD69 million) and a strategic uranium stockpile valued at AUD96 million based on current spot prices. It noted it had no long-term debt.

Boss Energy said construction of the three start-up wellfields is now ahead of schedule. All significant procurement items have been delivered and installed, with cold commissioning on target for June. Raw water supply and liquid disposal lines have been welded, completed and are ready for use.

In addition, the 60,000-cubic-metre excavation earthworks for […]

GoviEx Announces Upsize to Previously Announced Bought Deal Private Placement to $15 Million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, April 21, 2023 (GLOBE NEWSWIRE) — GoviEx Uranium Inc. (" GoviEx " or the " Company ") (TSXV: GXU; OTCQB: GVXXF) is pleased to announce that it has entered into an amended agreement with Eight Capital and Sprott Capital Partners, as lead underwriters and joint bookrunners (collectively, the " Underwriters "), in connection with an upsized "bought deal" private placement financing of 85,714,200 units of the Company (the " Units ") at a price of $0.175 per Unit (the " Issue Price "), for aggregate gross proceeds of $14,999,985 (the " Offering ").

Each Unit will be comprised of one common share of the Company (each, a " Common Share ") and one common share purchase warrant (each, a " Warrant "), with each Warrant entitling the holder thereof to purchase one […]

Uranium Market 2023 Segment Overview, Company Profiles, Regional Analysis and Forecast 2030

The MarketWatch News Department was not involved in the creation of this content.

Apr 25, 2023 (Alliance News via COMTEX) — " Uranium Market " report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Uranium Market by region.

Request To Download Free Sample of This Strategic Report: – https://www.quadintel.com/request-sample/uranium-market/QI044

Market Overview In the past few years, the Uranium market experienced a huge change under the influence of COVID-19, the global market size of Uranium reached $$ million $ in 2021 from $$ in 2016 with a CAGR of $$ from 2016-2021 is. As […]

Unusual Call Option Trade in Uranium Energy (UEC) Worth $13.54K

On April 24, 2023 at 12:18:53 ET an unusually large $13.54K block of Call contracts in Uranium Energy (UEC) was bought, with a strike price of $3.00 / share, expiring in 25 day(s) (on May 19, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.86 sigmas above the mean, placing it in the 51.37th percentile of all recent large trades made in UEC options.

This trade was first picked up on Fintel’s real time Options Flow tool, where unusual option trades are highlighted.

What is the Fund Sentiment?

There are 339 funds or institutions reporting positions in Uranium Energy. This is an increase of 16 owner(s) or 4.95% in the last quarter. Average portfolio weight of all funds dedicated to UEC is 0.17%, an increase of 3.36%. Total shares owned by institutions increased in the last three months by 12.77% to 188,637K shares. […]

Skyharbour Engages Red Cloud Securities Inc. for Market Making Services

Vancouver, BC, April 21, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has retained Red Cloud Securities Inc ("Red Cloud") to provide market making services with the objective of maintaining a reasonable market and improving the liquidity of its Common Shares.

Under the agreement between Red Cloud and the Company (the "Red Cloud Agreement"), the Company has agreed to initially pay Red Cloud a fee of C$5,000 plus applicable taxes, per month. Red Cloud will not receive any Common Shares or options as compensation. Red Cloud and its clients may acquire a direct interest in the securities of the Company. Skyharbour Red Cloud are unrelated and unaffiliated entities. Red Cloud is a member of the Investment Industry Regulatory Organization of Canada and a member firm of the Toronto Stock Exchange and the TSX Venture […]