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 […]

Skyharbour Engages Red Cloud Securities Inc. for Market Making Services

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 Exchange. The term of the Red Cloud Agreement […]

Sumitomo Mitsui Trust Holdings Inc grows holdings in Cameco Co.

On a sunny April 18, 2023, investors were treated to news of Sumitomo Mitsui Trust Holdings Inc’s latest acquisition. According to the most recent SEC filing made by the company, Sumitomo Mitsui grew its holdings in Cameco Co. (NYSE:CCJ) (TSE:CCO) by an impressive 6.9% in the fourth quarter. The move saw the firm add 69,939 more shares than they previously owned, bringing their total holdings to 1,078,648 shares.

The value of this acquisition is not to be understated as it has put Sumitomo Mitsui in control of approximately 0.25% of Cameco’s worth. Specifically, the investment is now worth $24,467,000 according to the most recent estimates at the end of Q4.

Should investors be concerned about what this acquisition means for Cameco? It’s undoubtedly a question that many traders and analysts alike will be asking themselves. However, for now at least based on current trading patterns and developments within the company itself […]

The 7 Most Compelling Penny Stocks to Watch Right Now

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Read more on these top penny stocks to own in 2023! Source: Billion Photos / Shutterstock.com As 2023 unfolds into a promising, positive year, investors are looking to load up on the next big opportunity. The consensus amongst the market punditry is that value and reasonably priced stocks with company-specific catalysts are likely to thrive in the current economic environment. With an optimistic outlook, it’s time to turn our attention to the best penny stocks to watch, offering potential multibagger returns.It’s also imperative to consider that low-priced stocks could also plummet to zero. However, selecting the best penny stocks with wide “moats” could tilt the odds […]

DekaBank Deutsche Girozentrale Trims Stake in Cameco Co. (NYSE:CCJ)

DekaBank Deutsche Girozentrale trimmed its holdings in shares of Cameco Co. ( NYSE:CCJ – Get Rating ) (TSE:CCO) by 65.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,207 shares of the basic materials company’s stock after selling 58,088 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Cameco were worth $677,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Federated Hermes Inc. purchased a new position in Cameco during the third quarter worth about $6,846,000. FNY Investment Advisers LLC purchased a new position in shares of Cameco in the 3rd quarter worth about $31,000. Sequoia Financial Advisors LLC purchased a new position in shares of Cameco in the 4th quarter worth about […]

Skyharbour Engages Red Cloud Securities Inc. for Market Making Services

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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 […]

The Indigenous fight to stop uranium mining in Canadaโ€™s North

The cover image for I Will Live for Both of Us, featuring Joan Scottie. Photo courtesy University of Manitoba Press.

I Will Live for Both of Us by Joan Scottie, Warren Bernauer and Jack Hicks, is a remarkable text: in part an autobiography of Scottie, in part the story of Inuit resistance to uranium mining in the Kivalliq region of Nunavut, and in part an indictment of the post-land claims Inuit organizations. The book deserves attention. At the outset I should note that I was a former graduate advisor (Master’s level) and now friend of Bernauer, and have sustained a decades-long friendship with Hicks. I have not met Scottie to my knowledge (I have spent time in her home community of Baker Lake). I am also an author in the remarkable University of Manitoba Press series entitled “ Contemporary Studies on the North ,” compiled by Chris Trott, […]

Suspension of Russian uranium supplies to US could impact global market

The recently announced plans of the US to refuse imports of Russian uranium and to accelerate domestic production could lead to turmoil in the global uranium market and lead to the change of balance of power in the new leading players and suppliers.

Recently a group of US senators from the Republican and Democratic parties introduced a bill to impose an embargo on Russian uranium. The US Senate Committee on Energy and Natural Resources believes that the country may refuse its further use while also having the resources to boost domestic uranium mining.

Most analysts, however, believe that possible restrictions may hit not only the US market itself, but also contribute to price increases for uranium fuel around the world that could result in the closure of nuclear power plants.

Analysts also believe that introduction of the ban will shock the US market, as the share of Russian uranium suppliers is significant, […]

Cosa Resources Reports Geophysical Survey Results from Castor and Charcoal Uranium Projects

” or the “Company”) is pleased to announce the preliminary results of the airborne electromagnetic (EM) surveys recently completed on its 100% owned Castor and Charcoal uranium projects in the Eastern Athabasca Basin region.

Highlights EM conductors confirmed on both properties with more than 50 kilometres total conductive strike length defined

Conductors at Charcoal lie along the interpreted northeastern extension of the Collins Bay – Eagle Point conductive trend

Conductors at Castor were previously unknown and are located in a zone of structural complexity Keith Bodnarchuk, President & CEO, commented: “I would like the thank our technical team and the contractors, who, despite facing harsh weather conditions, completed the survey safely and on budget. These results are a success, with the survey outlining previously unidentified structurally complex conductors on Castor and confirming the extension of conductors onto the Charcoal property. We look forward to updating the market […]

The Indigenous fight to stop uranium mining in Canadaโ€™s North

The cover image for I Will Live for Both of Us, featuring Joan Scottie. Photo courtesy University of Manitoba Press.

I Will Live for Both of Us by Joan Scottie, Warren Bernauer and Jack Hicks, is a remarkable text: in part an autobiography of Scottie, in part the story of Inuit resistance to uranium mining in the Kivalliq region of Nunavut, and in part an indictment of the post-land claims Inuit organizations. The book deserves attention. At the outset I should note that I was a former graduate advisor (Master’s level) and now friend of Bernauer, and have sustained a decades-long friendship with Hicks. I have not met Scottie to my knowledge (I have spent time in her home community of Baker Lake). I am also an author in the remarkable University of Manitoba Press series entitled “ Contemporary Studies on the North ,” compiled by Chris Trott, […]

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 […]

F3 Announces C$8 Million Bought Deal Private Placement

Kelowna, British Columbia–(Newsfile Corp. – April 18, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (" F3 Uranium " or the " Company ") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the " Underwriters "), pursuant to which the Underwriters have agreed to purchase for resale 17,021,277 flow-through units of the Company (each, a " FT Unit ") at a price of C$0.47 per FT Unit (the " Offering Price ") on a "bought deal" basis in a private placement for gross proceeds of C$8,000,000 (the " Underwritten Offering ").

Each FT Unit will consist of one common share of the Company (each, a " Common Share ") to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a […]

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 […]

Cosa Reports Geophysical Survey Results from Castor and Charcoal Uranium Projects

Cosa Resources Corp. ( CSE: COSA ) (“ Cosa Resources ” or the “Company”) is pleased to announce the preliminary results of the airborne electromagnetic (EM) surveys recently completed on its 100% owned Castor and Charcoal uranium projects in the Eastern Athabasca Basin region.

Highlights EM conductors confirmed on both properties with more than 50 kilometres total conductive strike length defined

Conductors at Charcoal lie along the interpreted northeastern extension of the Collins Bay – Eagle Point conductive trend

Conductors at Castor were previously unknown and are located in a zone of structural complexity Keith Bodnarchuk, President & CEO, commented: “I would like the thank our technical team and the contractors, who, despite facing harsh weather conditions, completed the survey safely and on budget. These results are a success, with the survey outlining previously unidentified structurally complex conductors on Castor and confirming the extension of conductors […]

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 […]