Standard Uranium Upsizes Private Placement to C$4.5 Million and Closes First Tranche for C$2.1 Million

Standard Uranium Upsizes Private Placement to C$4.5 Million and Closes First Tranche for C$2.1 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 04, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“ Standard Uranium ” or the “ Company ”) (TSX-V: STND) (OTCQB: STTDF) is pleased to announce that, due to strong investor interest, it has elected to increase the maximum size of the non-brokered private placement announced by the Company on September 8, 2022 (the “ Offering ”) from C$3,500,000 to C$4,500,000 in aggregate gross proceeds. Standard Uranium is also pleased to announce the closing of the first tranche of the Offering. Under the first tranche, the Company sold 9,173,259 units (each, a “ Unit ”) at a price of C$0.11 per Unit and 8,944,400 flow-through units (each, a “ FT Unit ”, and collectively with the Units, the “ Offered Securities ”) at a price of C$0.13 per FT Unit for aggregate […]

CanAlaska Uranium Increases Private Placement Financing to $10 Million

CanAlaska Uranium Increases Private Placement Financing to $10 Million

CVVUF ) (FSE: DH7N ) (" CanAlaska " or the " Company ") announces that further to its news release of October 6, 2022, due to increased demand, it is increasing the total gross amount to be raised under its non-brokered private placement to $10 million (the " Offering ").

The Offering will be comprised of a combination of (i) flow-through units of the Company (each, a " FT Unit ") to be sold at a price of $0.52 per FT Unit; and (ii) flow-through units to be sold to charitable purchasers (each, a " Charity FT Unit ") to be sold at a price of $0.70 per Charity FT Unit. Each FT Unit and Charity FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a " FT Share "), and […]

Get in on this Buy-In Opportunity with Uranium Royalty Corp. (UROY)

Get in on this Buy-In Opportunity with Uranium Royalty Corp. (UROY)

For the readers interested in the stock health of Uranium Royalty Corp. (UROY). It is currently valued at $2.37. When the transactions were called off in the previous session, Stock hit the highs of $2.52, after setting-off with the price of $2.47. Company’s stock value dipped to $2.36 during the trading on the day. When the trading was stopped its value was $2.60.Recently in News on September 9, 2022, Uranium Royalty Corp. Files Quarterly Report. Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) (“URC” or the “Company”) announces that it has published its unaudited interim consolidated financial statements for the three months ended July 31, 2022, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. You can read further details here

Uranium Royalty Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.00 on […]

Ground Breakers: Key approval paves way for Oz uranium revival, Fastmarkets says spodumene worth over US$7000/t

Ground Breakers: Key approval paves way for Oz uranium revival, Fastmarkets says spodumene worth over US$7000/t

Boss Energy gets key approval for restart of Honeymoon uranium mine

Pilbara Minerals soars to new high as Fastmarkets reports spodumene prices above US$7000/t

Whitehaven Coal and New Hope Corp also hit fresh records

While Rio Tinto (ASX:RIO) continues to battle with minority shareholders over the future of the Ranger uranium mine owned by its subsidiary Energy Resources of Australia (ASX:ERA) , a new player is quietly emerging in Australia’s south.$938 million capped Boss Energy (ASX:BOE) has taken a major step towards the redevelopment of its Honeymoon uranium mine in South Australia today, announcing it had received the key approval for the mine’s restart.An updated Program for Environment Protection and Rehabilitation has now been ticked off by the SA Department for Energy and Mining.It will enable Boss to carry out a number of changes from its feasibility study, designed to improve the economics of a project which shut down […]

Uranium stocks

Uranium stocks

Renewable energy is the future. There’s simply no way around it. But which type of renewable energy? After all, if we look at where investors have placed their bets in the past, one or another type of energy source always came out on top.

First it was coal, then oil and gas. Now that we’ve finally come around to moving towards a new type of energy production, namely renewable energy , which type will come out on top? Today, I’m going to look at whether it could be uranium or environmental power.

Uranium stocks are a solid choice for investors seeking growth in the next decade. Nuclear power creates clean energy that we can continue to use for years to come. These stocks are already being pushed higher as the world attempts to shift away from oil and gas production. This is evident in the United States where about 20% of […]

CanAlaska Uranium Announces up to $8 Million Private Placement Financing

CanAlaska Uranium Announces up to $8 Million Private Placement Financing

CanAlaska Reports on 2022 AGM Results

Vancouver, British Columbia–(Newsfile Corp. – October 6, 2022) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (" CanAlaska " or the " Company ") announces that it proposes to undertake a non-brokered private placement of securities to raise total gross proceeds of up to $8 million (the " Offering "). The Offering will be comprised of a combination of (i) flow-through units of the Company (each, a " FT Unit ") to be sold at a price of $0.52 per FT Unit; and (ii) flow-through units to be sold to charitable purchasers (each, a " Charity FT Unit ") to be sold at a price of $0.70 per Charity FT Unit.

Each FT Unit and Charity FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act […]

Traction Uranium Announces Brokered Private Placement for up to C$3.0 Million

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 05, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the " Company " or " Traction ")

TRCTF (FRA: Z1K) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the " Agent ") to act as sole agent and bookrunner in connection with a best efforts, private placement (the " Offering ") for gross proceeds of up to C$3,000,000 from the sale of any combination of flow-through units of the Company (each, a " FT Unit ") at a price of C$0.40 per FT Unit and FT Units to be sold to charitable purchasers (each, […]

Uranium Energy Corp. (AMEX:UEC) trade information

Uranium Energy Corp. (AMEX:UEC) trade information

During the last session, Uranium Energy Corp. (AMEX:UEC)’s traded shares were 5.91 million, with the beta value of the company hitting 2.11. At the end of the trading day, the stock’s price was $4.06, reflecting an intraday gain of 1.25% or $0.05. The 52-week high for the UEC share is $6.60, that puts it down -62.56 from that peak though still a striking 42.36% gain since the share price plummeted to a 52-week low of $2.34. The company’s market capitalization is $1.43B, and the average intraday trading volume over the past 10 days was 9.14 million shares, and the average trade volume was 9.70 million shares over the past three months.

Uranium Energy Corp. (UEC) registered a 1.25% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.25% in intraday trading to $4.06 this Wednesday, 10/05/22, hitting a weekly high. […]

Ground Breakers: Key approval paves way for Oz uranium revival, Fastmarkets says spodumene worth over US$7000/t

Ground Breakers: Key approval paves way for Oz uranium revival, Fastmarkets says spodumene worth over US$7000/t

Boss Energy gets key approval for restart of Honeymoon uranium mine

Pilbara Minerals soars to new high as Fastmarkets reports spodumene prices above US$7000/t

Whitehaven Coal and New Hope Corp also hit fresh records

While Rio Tinto (ASX:RIO) continues to battle with minority shareholders over the future of the Ranger uranium mine owned by its subsidiary Energy Resources of Australia (ASX:ERA) , a new player is quietly emerging in Australia’s south.$938 million capped Boss Energy (ASX:BOE) has taken a major step towards the redevelopment of its Honeymoon uranium mine in South Australia today, announcing it had received the key approval for the mine’s restart.An updated Program for Environment Protection and Rehabilitation has now been ticked off by the SA Department for Energy and Mining.It will enable Boss to carry out a number of changes from its feasibility study, designed to improve the economics of a project which shut down […]

Standard Uranium Upsizes Private Placement to C$4.5 Million and Closes First Tranche for C$2.1 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 04, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“ Standard Uranium ” or the “ Company ”) (TSX-V: STND) (OTCQB: STTDF) is pleased to announce that, due to strong investor interest, it has elected to increase the maximum size of the non-brokered private placement announced by the Company on September 8, 2022 (the “ Offering ”) from C$3,500,000 to C$4,500,000 in aggregate gross proceeds. Standard Uranium is also pleased to announce the closing of the first tranche of the Offering. Under the first tranche, the Company sold 9,173,259 units (each, a “ Unit ”) at a price of C$0.11 per Unit and 8,944,400 flow-through units (each, a “ FT Unit ”, and collectively with the Units, the “ Offered Securities ”) at a price of C$0.13 per FT Unit for aggregate […]

Traction Uranium Announces Brokered Private Placement for up to C$3.0 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 05, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the “ Agent ”) to act as sole agent and bookrunner in connection with a best efforts, private placement (the “ Offering ”) for gross proceeds of up to C$3,000,000 from the sale of any combination of flow-through units of the Company (each, a “ FT Unit ”) at a price of C$0.40 per FT Unit and FT Units to be sold to charitable purchasers (each, a “ Charity FT Unit ”, and collectively with the FT Units, the “ Offered Securities ”) at a price of C$0.51 per Charity FT Unit.

Each […]

Lotus Resources hits uranium at Chilumba satellite target, considers expanding regional program

Lotus Resources hits uranium at Chilumba satellite target, considers expanding regional program

Initial drilling at Chilumba has confirmed uranium is present with an interval of 3m at 382ppm uranium from 43m. In June last year, Lotus Resources (ASX: LOT) began the first uranium drilling program in more than 15 years at the mothballed Kayelekera uranium mine in Malawi, and has since launched greenfields exploration campaigns to firm up satellite deposits.

The southern project area at Kayelekera contains the Livingstonia deposit (4.8 million pounds of uranium oxide) and the Chilumba prospect, which is 8km away.

In today’s announcement Lotus revealed a maiden greenfield drilling program at Chilumba has intersected uranium. Southern area poorly explored in past

Assay results from a seven-hole (1,140m) reverse circulation drilling program at the prospect included 3m at 382 parts per million uranium from 43m and 3m at 138ppm uranium from 38m.Lotus noted that its southern project area has historically been poorly explored, but believes this area has strong long-term […]

ALX Resources Corp. Provides Exploration Update on the Flying Vee Nickel Project, Northern Athabasca Basin Area, Saskatchewan

ALX Resources Corp. Provides Exploration Update on the Flying Vee Nickel Project, Northern Athabasca Basin Area, Saskatchewan

ALX Resources Corp. ( TSXV: AL ) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to provide an update on 2022 exploration activities at the Flying Vee Nickel Project ("Flying Vee", or the "Project"), located in the Athabasca region of northern Saskatchewan.

Highlights of 2022 Flying Vee Exploration In April and May 2022, Geotech Ltd. carried out a leading-edge, helicopter-borne versatile time domain electromagnetic ("VTEM TM Max") and a horizontal magnetic gradiometer geophysical survey over the northern and western part of Flying Vee, totaling 1,197 line kilometres;

The airborne survey confirmed electromagnetic ("EM") conductive trends along and around the known historical nickel sulphide showings (e.g., the Reeve Lake Nickel Showing, and Nickel Lake Showing areas) and identified several new EM conductive trends in areas of the Project where there are no records of EM conductors or nickel sulphide mineralization;

A follow-up helicopter-assisted prospecting program was carried out […]

TradeTech’s PCI Shows Uranium Production Cost Increases Due to Inflation

TradeTech’s monthly Production Cost Indicator™ (PCI) value, which captures the company’s proprietary judgment of the life-of-mine full cost (LoM C3™) necessary to incentive and support new primary uranium production, increased 6.6 percent (US$3.50) in September to $56.20 per pound U3O8, marking 16 months without decline and the highest value since the Indicator’s inception in April 2020.

“TradeTech’s perception of risk specific to each uranium project, including considerations of how risk translates to—and impacts—mining and production economics is particularly relevant to the company’s assessment of uranium production costs,” said TradeTech President Treva Klingbiel. TradeTech’s monthly Production Cost Indicator™ (PCI) value, which captures the company’s proprietary judgment of the life-of-mine full cost (LoM C3 ™) necessary to incentive and support new primary uranium production, increased 6.6 percent (US$3.50) in September to $56.20 per pound U3O8, marking 16 months without decline and the highest value since the Indicator’s inception in April 2020.

The […]

Standard Uranium Upsizes Private Placement to C$4.5 Million and Closes First Tranche for C$2.1 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Oct. 04, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“ Standard Uranium ” or the “ Company ”) (TSX-V: STND) (OTCQB: STTDF) is pleased to announce that, due to strong investor interest, it has elected to increase the maximum size of the non-brokered private placement announced by the Company on September 8, 2022 (the “ Offering ”) from C$3,500,000 to C$4,500,000 in aggregate gross proceeds. Standard Uranium is also pleased to announce the closing of the first tranche of the Offering. Under the first tranche, the Company sold 9,173,259 units (each, a “ Unit ”) at a price of C$0.11 per Unit and 8,944,400 flow-through units (each, a “ FT Unit ”, and collectively with the Units, the “ Offered Securities ”) at a price of C$0.13 per FT Unit for aggregate […]

Madison Metals: Uranium Mining Meets Fintech Innovation

Madison Metals: Uranium Mining Meets Fintech Innovation

Madison Metals ( CSE:GREN ) ( OTCMKTS:MMTLF ) is a uranium resource developer with a first-of-its-kind twist: Its as yet unmined uranium is backing a Non-Fungible Token (NFT) operated by Lux Partners Ltd , a private financial technology company based on the Isle of Man.

So how does this work, and how does it improve the odds of a positive investor experience?

Let me explain.

Madison Metals is a CSE-listed company with a well-seasoned management team who are exploring a uranium project in Namibia with a historic uranium asset estimated to contain over 9 million pounds. That’s according to a 2015 resource estimate prepared by SRK Consulting.Lux Partners Ltd. Lux operates Lux Network , the first decentralized blockchain integrated with and operated by a network of regulated bank and money transmitter partners.Lux has agreed to ‘tokenize’ up to 20 million pounds of as yet unmined uranium, which it will market to interested […]

ALX Resources Corp. Stakes Anchor Lithium Project in Nova Scotia, Canada

ALX Resources Corp. Stakes Anchor Lithium Project in Nova Scotia, Canada

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Vancouver, British Columbia–(Newsfile Corp. – October 4, 2022) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has acquired by staking the Anchor Lithium Project ("Anchor", or the "Project") located within the Meguma Terrane of central and western Nova Scotia, Canada. Anchor consists of 34 mineral licences in two sub-projects known as "Drake" and "Yankee" totalling approximately 31,808 hectares (78,598 acres), located in an emerging lithium exploration district known to host lithium-bearing pegmatites. Anchor is 100%-owned by ALX with no applicable royalties and the newly-staked claims are in good standing until September 2024.

Highlights of ALX’s Anchor Lithium Project Anchor is underexplored for lithium-bearing pegmatites, Historical exploration within the Meguma Terrane focused mainly on gold and the mining of tin and other critical […]

GoviEx Uranium Announces Publication of ESG Report

GoviEx Uranium Announces Publication of ESG Report

("GoviEx" or "Company") is pleased to release its first Environmental, Social and Governance ("ESG") report, detailing its ESG performance for the first six months of 2022. The report is fully compliant with SASB, IFC and GRI standards and showcases GoviEx’s continued commitment to mitigating long-term impacts to the environment while progressing the interests of its stakeholders.

The ESG report was prepared using Onyen Corporation’s innovative online ESG platform which powers performance comparisons making the data valuable to rating agencies and exchanges with real time criteria and materiality performance metrics. The platform removes the need for unnecessary disclosures focusing the report on what really matters.

Commenting on the publication of its ESG report, Daniel Major, CEO said:

"ESG has always been an important part of how we operate and we are pleased to continue to build a more sustainable future for our company. We are committed to making a positive impact for […]

GoviEx Announces Publication of ESG Report

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Vancouver, British Columbia–(Newsfile Corp. – October 4, 2022) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx" or "Company") is pleased to release its first Environmental, Social and Governance ("ESG") report, detailing its ESG performance for the first six months of 2022. The report is fully compliant with SASB, IFC and GRI standards and showcases GoviEx’s continued commitment to mitigating long-term impacts to the environment while progressing the interests of its stakeholders.

The ESG report was prepared using Onyen Corporation’s innovative online ESG platform which powers performance comparisons making the data valuable to rating agencies and exchanges with real time criteria and materiality performance metrics.The platform removes the need for unnecessary disclosures focusing the report on what really matters.

Commenting on the publication of its ESG report, Daniel Major, CEO said: "ESG […]

Skyharbour Begins Trading on the OTCQX in the United States

Skyharbour Begins Trading on the OTCQX in the United States

Vancouver, BC – Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the ‘Company’) is pleased to announce that OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Skyharbour has qualified to trade on the OTCQX Best Market. Skyharbour upgraded to OTCQX from the OTCQB Venture Market. Skyharbour begins trading today on OTCQX under the symbol ‘SYHBF.’

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Skyharbour’s President and CEO, Jordan Trimble, commented ‘Skyharbour has rapidly grown as a business in the last couple of years, emerging as a premier […]

GoviEx Announces $5 Million Bought Deal Private Placement Financing

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GVXXF (the " Company "), is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Sprott Capital Partners in connection with a bought deal private placement financing (the " Offering ") of 22,750,000 units of the Company (" Units ") at a price of C$0.22 per Unit for aggregate gross proceeds of C$5,005,000.

Each Unit will consist of one Class A common share of the Company (a " Common Share ") and one-half of one Common Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one Common Share (a " Warrant Share ") at the US$ equivalent exercise price of C$0.33 (FX […]

Why Alcoa, Century Aluminum, and Uranium Energy Stocks Popped Today

Why Alcoa, Century Aluminum, and Uranium Energy Stocks Popped Today

Which of these three metals stocks is the best bargain?

What happened

Stock markets flipped the page last week on a miserable third quarter of 2022, in which the S&P 500 fell 9% in September alone, bringing year-to-date losses for 2022 to 25%.

Metals stocks in particular are joining the rally today, with shares of aluminum producers Alcoa ( AA 12.00%) and Century Aluminum ( CENX 20.08%) gaining 10% and 17%, respectively. Nuclear fuel miner Uranium Energy ( UEC 8.86%) isn’t looking too shabby, either, booking a respectable 6.7% gain as of 12:25 p.m. ET on Monday. So what After Russia announced the illegal annexation of four more Ukrainian regions over the weekend, it is inviting a new round of sanctions from the West. Individual businessmen and Russian officials are the primary targets, but CNBC reports that shell companies formed to evade previous sanctions are also being included.On a […]

GoviEx Uranium Announces $5 Million Bought Deal Private Placement Financing

GoviEx Uranium Announces $5 Million Bought Deal Private Placement Financing

Each Unit will consist of one Class A common share of the Company (a " Common Share ") and one-half of one Common Share purchase warrant (each whole warrant, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one Common Share (a " Warrant Share ") at the US$ equivalent exercise price of C$0.33 (FX rate to be set based on the Bank of Canada daily exchange rate for US$ one business day prior to the closing date) for a period of 3.0 years (36 months) following the closing of the Offering.

In addition, the Company shall grant the Underwriters an over-allotment option (the " Over-Allotment Option "), exercisable in whole or in part, on or before the date that is five business days prior to the Closing, in the sole discretion of the Underwriters, to purchase from the treasury of the Company up to an […]

Dr. Rebecca Hunter Joins Forum Energy Metals Exploration Team; Gravity Survey Completed on Nunavut Uranium Project

Dr. Rebecca Hunter Joins Forum Energy Metals Exploration Team; Gravity Survey Completed on Nunavut Uranium Project

Vancouver, British Columbia–(Newsfile Corp. – October 3, 2022) – Forum Energy Metals Corp. ( TSXV: FMC ) ( OTCQB: FDCFF ) ("Forum" or "the Company") is pleased to announce that Dr. Rebecca Hunter has joined Forum as Senior Geologist. Dr. Hunter will bring her valuable experience as an economic geologist with a broad knowledge of uranium, base and precious metal deposit models to the Forum exploration team.

Rick Mazur, President & CEO stated, "With the Company’s renewed focus on uranium exploration and its expansion into energy metals, Dr. Hunter brings a fresh perspective to the Company’s portfolio of uranium properties in the Athabasca Basin and our copper, nickel and cobalt properties in Saskatchewan and Idaho. And of course, Rebecca will be advancing her former discoveries of uranium deposits in Nunavut when she was at Cameco, which are now held by Forum."

Dr. Hunter grew up in Watrous, Saskatchewan and […]

What happened

What happened

What happened

Stock markets flipped the page last week on a miserable third quarter of 2022, in which the S&P 500 fell 9% in September alone, bringing year-to-date losses for 2022 to 25%.

Metals stocks in particular are joining the rally today, with shares of aluminum producers Alcoa (NYSE: AA) and Century Aluminum (NASDAQ: CENX) gaining 10% and 17%, respectively. Nuclear fuel miner Uranium Energy (NYSEMKT: UEC) isn’t looking too shabby, either, booking a respectable 6.7% gain as of 12:25 p.m. ET on Monday. So what

After Russia announced the illegal annexation of four more Ukrainian regions over the weekend, it is inviting a new round of sanctions from the West. Individual businessmen and Russian officials are the primary targets, but CNBC reports that shell companies formed to evade previous sanctions are also being included.On a related note, the London Metal Exchange (LME) is reportedly preparing to ban trading […]