A new nuclear reactor in the US started up last month — the country’s first in nearly 7 years. Here are 3 simple ways to invest in the space

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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,” […]

F3 Uranium Corp.: 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 […]

F3 Uranium Announces C$8 Million Bought Deal Private Placement

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 […]

Skyharbour (SYH.V) stakes eight new uranium exploration properties

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 […]

Uranium Week: Activity Stalls

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 […]

Uranium Execs Talk Supply, Demand and Pricing in 2023

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 […]

Forum Announces up to $2 Million Non-Brokered Private Placement to Drill the Nunavut Uranium Project

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 […]

National Atomic Kazatomprom : Kazatomprom sold its stake in Caustic JSC

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 […]

Skyharbour Announces Strategic Property Staking with Addition of Eight New Properties bringing Total Portfolio to Over 490,000 Hectares in the Athabasca Basin, Saskatchewan

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 […]

Oberon Uranium Corp. Closes Acquisition of Mineral Claims and Other Assets

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, […]

Forum Energy Metals Announces up to $2 Million Non-Brokered Private Placement to Drill the Nunavut Uranium Project

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 […]

Abasca Resources Completes 2023 Winter Drill Program on Key Lake South Uranium Project, Intersecting Anomalous Radioactivity

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 […]

SKRR Exploration Inc. Announces Letter of Intent with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan

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 […]

Uranium Ore Global Market Report 2023

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 […]

Cameco Co. (NYSE: CCJ) Experiences Unprecedented Trading Activity and Institutional Investment Surge

Cameco Co. (NYSE:CCJ) (TSE:CCO) experienced an incredibly unusual situation in trading on Thursday as stock investors acquired 384,705 call options on the company in one day. This marked an increase of 1,490% compared to the typical daily volume of 24,198 call options. With such a surprising change in trading activity, it’s worth delving into the recent modifications to institutional investor and hedge fund holdings of CCJ.

Clearview Wealth Advisors LLC recently invested in Cameco by purchasing a new stake in shares of the company worth approximately $25,000 during the first quarter. Crewe Advisors LLC raised its holdings in Cameco by 1,175.8% during the fourth quarter by acquiring an additional 1,164 shares and taking its holdings of basic materials company’s stock to a value of $29,000. FNY Investment Advisers LLC also acquired a new stake in Cameco during the third quarter valued at about $31,000.

Larson Financial Group LLC lifted its stake […]

Standard Uranium Announces Results from 2022 Geophysical Surveys on Eastern Athabasca Basin Properties, Defining Drill-Ready Target Areas

Key Focus Points: Standard Uranium has defined multiple drill-ready target areas on the Atlantic, Canary, and Ascent projects situated in the prolific eastern Athabasca Basin.

Strong EM conductors coupled with regional-scale faults and potential alteration signatures outline high-priority target areas on all three eastern Athabasca projects.

ALS Goldspot Discoveries is currently working on providing additional targeting layers based on regional and local information, while incorporating the newly acquired geophysical data.

Planning for inaugural drill programs designed to follow up on prospective historical results coupled with newly identified geophysical anomalies is underway. The geophysical surveys completed were designed to characterize lithological variations and alteration signatures, in addition to further refining the structural architecture and known basement conductors on the projects. The results of the surveys have outlined several compelling target areas on all three projects. Along with drill-ready targets, the Company’s east side projects are fully […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

Cosa Resources Corp. ( CSE: COSA ) (“ Cosa Resources ” or the “Company”) is pleased to announce the appointment of Justin Rodko as Corporate Development Manager and also announces the voting results from its annual general meeting.

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium. For these accomplishments Justin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry. Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury UEM projects as well as NexGen’s Arrow Deposit in the […]

Cameco Sees Unusually High Options Volume (NYSE:CCJ)

Cameco Co. ( NYSE:CCJ – Get Rating ) (TSE:CCO) was the recipient of some unusual options trading on Thursday. Stock investors acquired 384,705 call options on the company. This is an increase of approximately 1,490% compared to the typical daily volume of 24,198 call options. Analysts Set New Price Targets

Get Cameco alerts: MarketBeat Week in Review – 3/6 – 3/10

A number of research firms recently issued reports on CCJ. StockNews.com assumed coverage on shares of Cameco in a research report on Thursday, March 16th. They set a "sell" rating on the stock. TD Securities upgraded shares of Cameco to a "buy" rating in a research report on Friday, February 10th. Raymond James increased their target price on shares of Cameco from C$45.00 to C$48.00 in a report on Friday, February 10th. Finally, Scotiabank raised their target price on Cameco from C$43.00 to C$50.00 in a research […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

(TheNewswire) Vancouver, British Columbia – TheNewswire – April 13, 2023 – Cosa Resources Corp. (CSE: COSA ) (“ Cosa Resources ” or the “Company”) is pleased to announce the appointment of Justin Rodko as Corporate Development Manager and also announces the voting results from its annual general meeting.

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium. For these accomplishments Justin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry. Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury […]

7 Penny Stocks to Keep an Eye on for the Rest of the Year

Invest in these penny stocks to watch for healthy gains this year.

B2Gold ( BTG ): Forecasts a robust showing this year, likely surpassing production levels from last year.

Uranium Energy ( UEC ): The massive shortfall in the current output and uranium energy market points to a healthy upside potential for UEC stock.

American Well ( AMWL ): Robust liquidity and improved hedge fund interest should us invested in the future. Solid Power ( SLDP ): Its relationship with Ford and BMW will continue to provide the impetus needed for commercialization. SGHC Limited ( SGHC ): Strong profitability profile should have you invested in the stock’s long-term growth runway. Tilray Brands ( TLRY ): Reported another stellar quarter, with it continuing to build a strong strategic footprint in the space. Ammo Inc. (NASDAQ: POWW ): Shares are down in an unconducive market, trading at just 1.3 times forward […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium. For these accomplishments Justin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry. Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury UEM projects as well as NexGen’s Arrow Deposit in the Athabasca Basin, and Orano’s Kiggavik project in Nunavut. Justin holds a BSc degree in Geology from the University of Regina.

Keith Bodnarchuk, President and CEO, commented: “We are excited to add Justin Rodko to the Cosa team. Justin […]

District Receives Approval of Mineral License Application that Encompasses the Majority of the Polymetallic Viken Deposit in Central Sweden

District Metals Corp. (TSXV: DMX) (FSE: DFPP) (‘District’ or the ‘Company’) is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 1 mineral license application that covers approximately 68% of the polymetallic Viken Deposit located in Jamtland County, central Sweden.

The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits by total historic mineral resources of vanadium and uranium in the world.

On March 7, 2023 the Company reported (see news release) that additional mineral license applications have been submitted to the Mining Inspectorate that cover areas to the south (Viken nr 2) and north (Viken nr 3) of the original Viken nr 1 mineral license. Approval of the Viken nr 2 and 3 mineral licenses will increase the area of the Viken Property from 2,302 […]

Skyharbour Resources (SYH.V) consolidates in range just like uranium

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. The Company announced last month that its partner company, Basin Uranium Corp., intersected significant uranium mineralization from the three-hole phase 2 drill program at its Mann Lake project.

Recently, partner Azincourt Energy (AAZ.V) announced it has completed the 2023 exploration program at the East Preston Uranium Project.

In my most recent technical piece on Skyharbour Resources , I outlined a plan to play a breakout retest. Let […]

Uranium Energy Corp. (UEC) Stock: A Study of the Market Performance

The stock of Uranium Energy Corp. (UEC) has seen a -1.06% decrease in the past week, with a -16.86% drop in the past month, and a -29.40% decrease in the past quarter. The volatility ratio for the week is 4.65%, and the volatility levels for the past 30 days are at 6.16% for UEC. The simple moving average for the past 20 days is -5.40% for UEC’s stock, with a -24.24% simple moving average for the past 200 days. Is It Worth Investing in Uranium Energy Corp. (AMEX: UEC) Right Now?

Uranium Energy Corp. (AMEX: UEC) has a higher price-to-earnings ratio of 46.83x compared to its average ratio. compared to its average ratio and a 36-month beta value of 2.00. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

Top 5 EV Tech […]

Alligator Energy enhances board with appointment of resources sector veteran as director

Alligator Energy Ltd (ASX:AGE) has enhanced its board skillset with the appointment of resources sector veteran Fiona Nicholls to the Board of Directors.

Nicholls brings to the board 30 years of experience from the global resources industry, having worked across a range of business and leadeship functions for companies like Rio Tinto, Rössing Uranium and Energy Resources.

The appointment comes at an important time for the company as it is pursuing the near-term opportunity of developing the Samphire Uranium Project in South Australia.

Nicholls will replace Andrew Vigar, a founding director, who has tendered his resignation to focus on his executive commitments and she will assume the role as chair of the audit and risk management committee.Vigar has advised of his resignation as a director to focus on his current executive chairman role. The company thanks Vigar for his contributions to the board since its listing in 2011. Near-term sustainable development at […]