Vancouver, British Columbia–(Newsfile Corp. – April 17, 2023) – Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or "the Company")announces a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units (the "NFT Units") at a price of $0.10 per NFT Unit and flow through units (the "FT Units") at a price of $0.12 per FT Unit. Proceeds raised from the issuance of the FT Units will be used by Forum to conduct drilling on its Nunavut Uranium Project in the Thelon Basin, a geological equivalent to the Athabasca Basin.

Dr. Rebecca Hunter, Vice President, Exploration, commented, "Forum acquired land formerly held by Cameco adjacent to Orano’s 133 million pound Kiggavik deposits by claim staking in 2022. Cameco made two discoveries of high grade, unconformity-style uranium deposits, which Forum now owns and plans to delineate with further drilling. This years’ program will infill […]

Click here to view original web page at stockhouse.com

” 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 […]

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

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

Apr 20, 2023 (The Expresswire) — " Uranium Market " Insights 2023 By Applications (Uranium Mining, Recycled Uranium, Others), By Types (Military, Nuclear Power Plants, Medicine, Industrial, Others), Regions and Forecast to 2031. The global Uranium market size is projected to reach multi million by 2031, in comparison to 2023, with unexpected CAGR during the forecast period, the Uranium Market Report Contains 109 pages Including Full TOC, Tables and Figures, and Chart with In-depth Analysis Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Region.

The report focuses on the Uranium market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it […]

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

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 about our upcoming summer exploration program on our 100% owned Athabasca Basin land package.”Andy Carmichael, VP of Exploration commented: “The VTEM™ Plus survey results at Castor and Charcoal confirm that EM conductors, which […]

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

Vancouver, British Columbia–(Newsfile Corp. – April 18, 2023) – MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) (" Myriad " or the " Company ") announces that it has engaged First Phase Media Inc. to help enhance investor awareness for the Company. The Company also announces a $750,000 private placement at $0.30 per unit with a 24-month half-warrant at $0.35 (see below for further details).

Myriad’s marketing services agreement with First Phase is for an initial 3 months at a cost of $42,000. First Phase will assist in developing investor interest in the Company via social media channels and online media distribution.

Myriad has also engaged Crux Investor to provide distribution and dissemination of video content for the Company.

"We are among the most exciting uranium explorers in the world right now but we have a low market cap relative to comparable companies. It’s time for us to dedicate some resources […]

Click here to view original web page at stockhouse.com

Matt Bohlsen April 19, 2023 No Comments The uranium spot price continues to trend higher leading investors to take a second look at the uranium ETFs and miners. Today we give a brief uranium market update and discuss some of the investment options to gain exposure to uranium. Uranium spot price 10 year chart – Currently at US$51.00 (as of April 19, 2023)

Source: Trading Economics Uranium market update

The uranium price has risen to a monthly high of US$51.00 per pound (“lbs”) in April after starting the year below US$49.00/lbs.

The reason for the rise is stated as “….. supply risks mounted and investors continued to assess demand projections worldwide “. One of the supply risks relates to major nuclear energy producers (US, France, Japan, UK, and Canada) who have agreed to form an alliance to leverage resources and jointly reduce reliance on Russian producers from the global uranium […]

Click here to view original web page at investorintel.com

Mr. Dev Randhawa reports:

(" F3 Uranium " or the " Company ") is pleased to announce a non-brokered private placement (the " Non-Brokered Private Placement ") for gross proceeds of up to C$2,000,000 that will be completed concurrent to the "bought deal" private placement as previously announced by the Company in a press release dated April 18, 2023. Under the Non-Brokered Private Placement, the Company intends to sell up to 4,255,319 additional flow-through units of the Company (each, a " FT Unit ") at a price of C$0.47 per FT Unit (the " Offering Price "). 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 " FT Share ") and one half of one Common Share purchase warrant (each whole warrant, a […]

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

Mr. Dev Randhawa reports:

(" F3 Uranium " or the " Company ") is pleased to announce a non-brokered private placement (the " Non-Brokered Private Placement ") for gross proceeds of up to C$2,000,000 that will be completed concurrent to the "bought deal" private placement as previously announced by the Company in a press release dated April 18, 2023. Under the Non-Brokered Private Placement, the Company intends to sell up to 4,255,319 additional flow-through units of the Company (each, a " FT Unit ") at a price of C$0.47 per FT Unit (the " Offering Price "). 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 " FT Share ") and one half of one Common Share purchase warrant (each whole warrant, a […]

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

The drilling identified and confirmed multiple stacked graphitic fault zones at Mustang. Overprinting fracture zones, fault gouge, and fault breccia demonstrate re-activation of several of these fault zones, which has been seen to be ideal features in other uranium deposits in the Athabasca Basin region. All drillholes intersected similar stratigraphy of biotite-garnet gneiss with intervals of granitic gneiss and local pegmatite bound between two major graphitic fault zones, and calc-silicate rocks at the contact with a lower unit of granitic gneiss. Hematite and clay alteration were observed in all drillholes within and proximal to fracture and fault zones. Anomalous radioactivity was intersected in multiple drillholes, proximal to lithological contacts and these two graphitic fault zones, hosted in the biotite-gneiss, granitic gneiss, and pegmatite units. Additionally, the surrounding rocks at Mustang are silicified and together with the alteration and stacked re-activated fault zones, have similar characteristics to other basement-hosted uranium […]

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

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) (‘Forum’ or ‘the Company’) announces a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units (the ‘NFT Units’) at a price of $0.10 per NFT Unit and flow through units (the ‘FT Units’) at a price of $0.12 per FT Unit.

Proceeds raised from the issuance of the FT Units will be used by Forum to conduct drilling on its Nunavut Uranium Project in the Thelon Basin, a geological equivalent to the Athabasca Basin.

Dr. Rebecca Hunter, Vice President, Exploration, commented, ‘Forum acquired land formerly held by Cameco adjacent to Orano’s 133 million pound Kiggavik deposits by claim staking in 2022. Cameco made two discoveries of high grade, unconformity-style uranium deposits, which Forum now owns and plans to delineate with further drilling. This years’ program will infill drillholes by Cameco on the Tatiggaq deposit as well as […]

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

Nexgen Energy Ltd . ("NexGen" or the "Company") (TSX: NXE ) (NYSE: NXE ) (ASX: NXG) in partnership with the Clearwater River Dene Nation ("CRDN") is pleased to announce the establishment of a 100% Indigenous owned and operated gravel supply company in Northwest Saskatchewan . Continuing to deliver on its industry-leading Impact Benefit Agreement with the CRDN signed in March 2022 NexGen purchased a $4.1M gravel crusher to provide aggregate material for its Rook I project ("Rook I" or the "Project") and to supply the northern communities’ aggregate material for road infrastructure requirements. The CRDN member-owned business will lease to own and operate the gravel crusher. The aggregate supply for Rook I has a capital expenditure representing an estimated $36M in value (Rook I Feasibility Study) to the new CRDN-owned business in just the first three years of construction of the Project. This new company will immediately create sixteen […]

Click here to view original web page at investingnews.com

Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All links marked with an asterisk ( * ) are paid links.

Nuclear power has its pros and cons. Right now, the U.S. seems to be embracing its advantages.

Last month, Georgia Power announced that its Vogtle Unit 3 reactor has safely reached ‘initial criticality.’ Don’t miss

Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead . Get in now for strong long-term tailwinds You could be the landlord of Walmart, Whole Foods and CVS * with First National Realty Partners (and collect fat grocery store-anchored income on a quarterly basis) Blackrock’s CEO says art is a ‘serious asset class’ — here’s how you can own a piece of a Pablo Picasso “A reactor achieves criticality when the nuclear fission reaction becomes self-sustaining,” […]

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

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 […]

Click here to view original web page at www.finanznachrichten.de

Mr. Dev Randhawa reports:

(" 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 " FT Share ") and one half of one Common Share purchase warrant […]

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

Skyharbour Resources (TSX-V: SYH) , a uranium exploration company with prime assets in the Athabasca Basin, is poised to capitalize on the anticipated resurgence in the uranium market. The company’s extensive portfolio of uranium exploration projects and strategic joint ventures with industry leaders make it a wise investment for those seeking to benefit from the rising demand for nuclear power. With eighteen projects covering over 460,000 hectares of mineral claims, Skyharbour is well-positioned to become a major player in the uranium mining industry.

We can now correct the above statement with today’s news. Skyharbour has added eight new properties to their list covering over 490,000 hectares in the Athabasca Basin.

Today, Skyharbour announced that it has acquired by staking eight new prospective uranium exploration properties . The new properties bring Skyharbour’s total land package that it has ownership interest in to 492,074 hectares (1,215,941 acres), across twenty-three properties, representing one of […]

Click here to view original web page at equity.guru

Weekly Reports | 10:02 AM No transactions were reported in the uranium spot market last week although term markets remain active, amid global supply deals.

-Spot uranium market dead
-Term market remains active
-Canada supports Ukraine nuclear power

The uranium spot market took a break for Easter but has not since returned. There were no on-market transactions reported last week, while off-market transactions were concluded at the current price.Industry consultant TradeTech’s weekly spot price indicator is unchanged at US$51.00/lb.Market participants will gather this week for the annual World Nuclear Fuel Cycle conference in The Hague, where it is expected the stalemate will be broken as buyers and sellers meet face to face.The market typically goes quiet during such week-long meetings.While the spot uranium market has been largely inactive in recent weeks, the term uranium market remains quite active, TradeTech reports, as a number of utilities evaluate formal and off-market […]

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

Executives from Cameco, NexGen Energy and Global Atomic spoke about uranium supply, demand and prices at the Future Facing Commodities event.

The Future Facing Commodities event , held recently in Singapore, offered investors the chance to get up close and personal with mining industry players, and placed a spotlight on the commodities needed for the energy transition.

At the show, uranium executives shared their thoughts on the sector as global acceptance continues to grow, highlighting how sentiment is improving as countries around the world recognize the need to decarbonize.

Read on to find out what they see coming in terms of supply, demand and prices. Execs see newfound appreciation for nuclear energy Uranium is gaining new appreciation as nations try to meet modern society’s energy needs with a lower carbon footprint.Grant Isaac, executive vice president and CFO at Cameco (TSX: CCO ,NYSE:CCJ), spoke to an intimate audience at the […]

Click here to view original web page at investingnews.com

Forum Energy Metals Corp. ( TSXV: FMC ) (OTCQB: FDCFF) ("Forum" or "the Company") announces a non-brokered private placement of up to $2,000,000 through the issuance of a combination of units (the "NFT Units") at a price of $0.10 per NFT Unit and flow through units (the "FT Units") at a price of $0.12 per FT Unit. Proceeds raised from the issuance of the FT Units will be used by Forum to conduct drilling on its Nunavut Uranium Project in the Thelon Basin, a geological equivalent to the Athabasca Basin.

Dr. Rebecca Hunter, Vice President, Exploration, commented, "Forum acquired land formerly held by Cameco adjacent to Orano’s 133 million pound Kiggavik deposits by claim staking in 2022. Cameco made two discoveries of high grade, unconformity-style uranium deposits, which Forum now owns and plans to delineate with further drilling. This years’ program will infill drillholes by Cameco on the Tatiggaq […]

Click here to view original web page at investingnews.com

17 April

National Atomic Company Kazatomprom Joint Stock Company (hereinafter – the Company, Kazatomprom or NAC Kazatomprom JSC) announces the sale of its stake in Caustic JSC.

By the decree of the Government of the Republic of Kazakhstan, the industrial enterprise was included in the list of organizations subject to transfer to the competitive environment as part of a Comprehensive privatization Plan.

On 30 December 2021, NAC Kazatomprom JSC and Trading House United Chemical Technologies LLP signed a contract for the purchase and sale of a 40% stake in Caustic JSC. According to an independent assessment of the market value, the sale price of the Company’s stake amounted to KZT 1.2 billion. According to the terms of the contract, payment for securities was made in parts. In January 2022, Kazatomprom received the first tranche in the amount of KZT 364 million. In February 2022, an Act of Acceptance and transfer of ordinary […]

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

Skyharbour Resources Ltd Vancouver, BC, April 17, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has acquired by staking eight new prospective uranium exploration properties within the Athabasca Basin of Northern Saskatchewan. These 100% owned, eight properties comprise 34,022 hectares (85,070 acres) in the 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.

Skyharbour’s New Uranium Project Portfolio Map:
https://www.skyharbourltd.com/_resources/maps/SKY_SaskProject_Locator_20230320_V2A.jpg

The new properties bring Skyharbour’s total land package that it has ownership interest in to 492,074 hectares (1,215,941 acres), across twenty-three 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, these new properties will become a […]

Click here to view original web page at finance.yahoo.com

Vancouver, April 17, 2023 – Oberon Uranium Corp. ("Oberon" or the "Company") (CSE:OBRN) is pleased to announce that it has closed its previously announced acquisition of all of the issued and outstanding shares of 2037881 Alberta Ltd. ("2037881 AB") pursuant to a share purchase agreement dated as of April 3, 2023 (the "SPA") with 2037881 AB and the shareholders of 2037881 AB (the "Transaction"). The material assets of 2037881 AB are 23 mineral claims totalling 20,064 hectares near Uranium City, Saskatchewan, Canada, known as the "Fusion Uranium Zone Project", which is prospective for uranium. In addition, 2037881 AB owns uranium extraction technology using a method of in-situ leaching of uranium deposits located in non-porous, impermeable underground formations.

Pursuant to the SPA, Oberon issued an aggregate of 20,000,000 Class A common shares of Oberon (the "Consideration Shares") to the 2037881 AB shareholders at a deemed price per Consideration Share of $0.2025, […]

Click here to view original web page at www.goldseiten.de

Mr. Richard Mazur reports:

Dr. Rebecca Hunter, Vice President, Exploration, commented, "Forum acquired land formerly held by Cameco adjacent to Orano’s 133 million pound Kiggavik deposits by claim staking in 2022. Cameco made two discoveries of high grade, unconformity-style uranium deposits, which Forum now owns and plans to delineate with further drilling. This years’ program will infill drillholes by Cameco on the Tatiggaq deposit as well as test two of several other target areas identified by Cameco. The two grassroots targets exhibit favourable geophysics and similar sandstone alteration and uranium enrichment observed above unconformity deposits such as the giant Cigar Lake deposit in the Athabasca."

Terms of the Offering

Each NFT Unit will be comprised of one common share and one common share purchase warrant (a "NFT Warrant"). Each NFT Warrant is exercisable to purchase one common share at a price of $0.15 per share for a period […]

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

SASKATOON, SK / ACCESSWIRE / April 17, 2023 / Abasca Resources Inc. (‘Abasca’ or the ‘Company’) (TSX V:ABA) is pleased to announce the completion of its winter drilling program on the 100%-owned, 23,977-hectare Key Lake South Uranium Project (‘KLS’). The Company drilled a total of 11 holes (Figure 1) comprising 4,959 metres at the Mustang target area (‘Mustang’), intersecting lengths from 0.15 metre to 4.35 metres of anomalous radioactivity in 8 holes (Table 1).

The drilling identified and confirmed multiple stacked graphitic fault zones at Mustang. Overprinting fracture zones, fault gouge, and fault breccia demonstrate re-activation of several of these fault zones, which has been seen to be ideal features in other uranium deposits in the Athabasca Basin region. All drillholes intersected similar stratigraphy of biotite-garnet gneiss with intervals of granitic gneiss and local pegmatite bound between two major graphitic fault zones, and calc-silicate rocks at the contact with a […]

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

VANCOUVER, BC, April 10, 2023 /CNW/ – SKRR Exploration Inc. (TSXV: SKRR ) (FSE: B04Q) (" SKRR " or the " Company ") is pleased to announce it has entered into a letter of intent (" LOI ") with F3 Uranium Corp. (the " F3 "), whereby SKRR and F3 will negotiate and settle the terms of a definitive option agreement (the " Option Agreement ") that will provide SKRR with an option to acquire up to a 70% interest in F3’s right, title and interest in and to the mineral claims compromising the mineral exploration project known as the "Clearwater West Project", located in Saskatchewan (the " Transaction ").

The Clearwater West Project is located ~20km outside the edge and in the south-west area of the Athabasca Basin, which is poised to become the next area for the development of major uranium mines in Saskatchewan. It is 13km south […]

Click here to view original web page at www.newswire.ca

ReportLinker Major players in the Uranium Ore market include Cameco, Rio Tinto Group, BHP Billiton Ltd., Paladin Energy, and Energy Resources of Australia. The global uranium ore market will grow from $0.79 billion in 2022 to $0.82 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%.

New York, April 11, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Uranium Ore Global Market Report 2023" – https://www.reportlinker.com/p06320380/?utm_source=GNW
Major players in the Uranium Ore market include Cameco, Rio Tinto Group, BHP Billiton Ltd., Paladin Energy, and Energy Resources of Australia.

The global uranium ore market will grow from $0.79 billion in 2022 to $0.82 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to […]

Click here to view original web page at finance.yahoo.com