MiningNewsBreaks - Uranium Energy Corp. (NYSE American: UEC) Announces Completion of Uranium Purchases, Additional Funding

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Completion of Uranium Purchases, Additional Funding

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

Mar 17, 2021 (Investor Brand Network via COMTEX) — Uranium Energy (NYSE American: UEC) , a U.S.-based uranium mining and exploration company, has secured 800,000 pounds of additional U.S.-warehoused uranium; the shipment is comprised of a delivery in April consisting of 500,000 pounds and a second delivery scheduled for December consisting of 300,000 pounds; this uranium purchase follows a previously announced acquisition of 400,000 pounds. In total, UEC now has contracts to purchase 1,200,000 pounds of U3O8 at a volume-weighted average price of $28.94 per pound. In addition, the company has entered into definitive agreements with institutional investors to purchase 10,000,000 UEC common shares at $3.05 per share. The registered direct offering, which is planned for completion on or before March 19, 2021, should result in estimated gross proceeds of more than $30 million for the […]

Ride the Uranium Bull with a Stake in Denison Mines

Ride the Uranium Bull with a Stake in Denison Mines

If you’re in the market for a pure uranium play that won’t cost you an arm and a leg, check out Canadian exploration and development company Denison Mines (NYSEAMERICAN: DNN ). It appears that DNN stock has been in breakout mode over the past several months and could be headed higher. Denison focuses on what’s known as the Athabasca Basin, a region in northern Saskatchewan and Alberta. It supplies “about 20% of the world’s uranium.”

The company is aggressively advancing its operations in this region. Moreover, uranium sector investors should appreciate Denison’s vast project portfolio, which covers some 280,000 hectares.

What makes Denison Mines relatively low-risk in the uranium-mining space? Investors have a right to know, so we’ll definitely explore that topic. First, though, we should look at the recent price action of the stock. DNN Stock at a Glance

If you want to see a textbook example of what a […]

Lotus Resources readies Malawi uranium mine restart as supply crunch looms

Lotus Resources readies Malawi uranium mine restart as supply crunch looms

Lotus Resources estimates it needs about US$50 million (A$64.3 million) to get the mothballed Kayelekera mine back into production. The rule of thumb is that mining stocks soar when the underlying commodity sees a substantial price increase.

In recent months, the silver, tin and copper stocks have behaved that way.

Most ASX uranium stocks have seen price boosts in early 2021 — but the spot price of uranium has remained weak. The first week of March saw the spot reported at US$27.30 per pound (A$35.24/lb).

The difference in the uranium stocks’ case is that investors seem to be buying into the story that there is a shortage looming just over the horizon.There seems little doubt that a substantial crunch is coming up: more nuclear reactors are being built and planned, global mining output is largely in stall mode, China and India are racing to build more nuclear power stations, while the US […]

Global Atomic Announces Successful Completion of Dasa Uranium Project-Pilot Plant Program

Global Atomic Announces Successful Completion of Dasa Uranium Project-Pilot Plant Program

Global Atomic Corporation is pleased to report on the successful completion of a Pilot Plant Program demonstrating the viability of the uranium recovery process detailed in the May 2020 Preliminary Economic Assessment for the Dasa Project located in the Republic of Niger West Africa . The Pilot Plant was erected in August 2020 within the Process Research Ortech facility in Canada and ran in a steady-state fashion …

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (OTCQX: GLATF) (Frankfurt: G12) is pleased to report on the successful completion of a Pilot Plant Program demonstrating the viability of the uranium recovery process detailed in the May 2020 Preliminary Economic Assessment (PEA) for the Dasa Project located in the Republic of Niger West Africa . Global Atomic Corporation (CNW Group/Global Atomic Corporation) The Pilot Plant was erected in August 2020 within the Process Research Ortech (PRO) facility in Canada and […]

Denison raising US$75M for physical inventory of uranium

Denison raising US$75M for physical inventory of uranium

The camp at Denison Mines’ Wheeler River uranium project in northern Saskatchewan. Credit: Denison Mines. Denison Mines (TSX: DML; NYSE: DNN) is raising US$75 million for the “strategic acquisition” of physical uranium, an initiative the company expects to support the development of its 90%-owned Wheeler River uranium project in Saskatchewan’s Athabasca Basin.

Denison aims to accumulate about 2.5 million lb. of U3O8 as a long-term investment.

The company said it expects the purchase will strengthen its balance sheet and enhance its ability to access project financing, potentially by using the holdings as collateral.

The uranium could also give Denison increased flexibility to negotiate long-term supply arrangements with future customers along with production from Wheeler River, if the in-situ recovery project is developed.“The physical uranium holdings that we expect to acquire will represent a sizeable portion of Denison’s share (2018 prefeasibility study) of the expected $290 million of initial capital costs for Wheeler […]

Skyharbour Commences Exploration and Mobilizes for Upcoming Drill Program at its High Grade Moore Uranium Project, Saskatchewan

VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that mobilization has begun for its 2021 geophysical and diamond drilling programs at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. The Company has planned a 9 km Small Moving Loop EM (SML-EM) geophysical program to refine additional drill targets and has begun mobilization of drilling equipment for a subsequent 3,000 metre diamond drilling program consisting of 10 to 12 drill holes. These fully funded and permitted programs will focus on following-up on existing unconformity and basement-hosted targets along the high grade Maverick structural corridor as well as identifying new targets at the Grid Nineteen area.

Moore Uranium Project Claims […]

Uranium Energy Corp Completes Additional Uranium Purchases in the United States and Announces Financing

Uranium Energy Corp Completes Additional Uranium Purchases in the United States and Announces Financing

NYSE American Symbol – UEC

CORPUS CHRISTI, Texas, March 17, 2021 /PRNewswire/ – Uranium Energy Corp (NYSE American: UEC, the "Company" or "UEC") is pleased to report that it has secured 800,000 pounds of additional U.S. warehoused uranium, consisting of 500,000 pounds for April delivery and 300,000 pounds for December delivery.

Including the previously announced acquisition of 400,000 pounds, UEC has now entered into contracts to purchase a total of 1,200,000 pounds of U3O8 at a volume weighted average price of $28.94 per pound.

The Company is also pleased to announce that it has entered into definitive agreements with institutional investors to purchase an aggregate of 10,000,000 common shares of the Company (each, a "Share") at a purchase price of $3.05 per Share and for gross proceeds of approximately $30,500,000 in a registered direct offering (the "Offering"). The closing of the Offering is expected to occur on or about March 19, […]

Uranium Energy Sees Unusually Large Options Volume (NYSEAMERICAN:UEC)

Uranium Energy Sees Unusually Large Options Volume (NYSEAMERICAN:UEC)

→ Tech Unicorn In Waiting (Ad) Uranium Energy logo Uranium Energy Corp. (NYSEAMERICAN:UEC) saw some unusual options trading activity on Tuesday. Investors bought 32,038 call options on the company. This represents an increase of 820% compared to the typical daily volume of 3,482 call options.

A number of analysts recently weighed in on UEC shares. Canaccord Genuity upped their target price on shares of Uranium Energy from $2.00 to $2.15 and gave the stock a “buy” rating in a report on Wednesday, January 27th. HC Wainwright upped their target price on shares of Uranium Energy from $3.30 to $3.60 and gave the stock a “buy” rating in a report on Tuesday, January 26th. Finally, Zacks Investment Research lowered shares of Uranium Energy from a “hold” rating to a “sell” rating in a report on Wednesday, March 10th.

UEC stock opened at $3.23 on Wednesday. The company has a debt-to-equity ratio […]

Uranium companies announce strategic purchase plans

Uranium companies announce strategic purchase plans

Uranium companies have separately announced plans to make strategic purchases of physical uranium. Denison is aiming to buy about 2.5 million pounds U3O8 (962 tU) through the spot market as a long-term investment, while Uranium Energy Corp (UEC) has entered into agreements to purchase 400,000 pounds. UK-based Yellow Cake plc has also announced further purchase plans under its agreement with Kazatomprom. (Image: Kazatomprom)

Toronto-based Denison said yesterday it had entered into a strategic financing agreement with Cantor Fitzgerald Canada Corporation to raise about USD$75 million, which will be used to fund the strategic purchase of uranium concentrates to be held by Denison as a long-term investment intended to support the potential future financing of the advancement and/or construction of its 90%-owned Wheeler River uranium project in Saskatchewan, Canada. The purchase is expected to strengthen the company’s balance sheet and enhance its ability to access future project financing.

The purchased uranium could […]

Global Atomic Announces Closing of C$12.5 Million “Bought Deal” Private Placement

Global Atomic Announces Closing of C$12.5 Million “Bought Deal” Private Placement

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

Global Atomic Corporation (” Global Atomic ” or the ” Company “) (TSX: GLO) (FRANKFURT: G12) (OTCQX: GLATF) is pleased to announce that it has closed its previously announced “Bought Deal” private placement, including full exercise of the over-allotment option, for gross proceeds of C$12,500,000 (the ” Offering “). Under the Offering, the Company sold 6,250,000 units of the Company (the ” Units “) at a price of C$2.00 per Unit (the ” Offering Price “). The Units were sold through a syndicate of underwriters led by Red Cloud Securities Inc. and included Cormark Securities Inc. (the ” Underwriters “). Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation) Each Unit is comprised of one common share in the capital of the Company (each a ” Common Share “) and one half of one […]

NexGen Announces Exercise of $22.5 Million Over-Allotment Option in Connection with Recently Completed Bought Deal Financing

NexGen Announces Exercise of $22.5 Million Over-Allotment Option in Connection with Recently Completed Bought Deal Financing

NexGen Energy Ltd. is pleased to announce that the Underwriters have exercised their over-allotment option in full, to purchase an additional 5,010,000 common shares in the capital of the Company at a price of $4.50 per Common Share, in connection with the Company’s recently completed underwritten public offering of 33,400,000 Common Shares, which closed on March 11, 2021 . Upon closing of the Over-Allotment …

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that the Underwriters (as defined below) have exercised their over-allotment option (the “Over-Allotment Option”), in full, to purchase an additional 5,010,000 common shares in the capital of the Company (the “Common Shares”) at a price of $4.50 per Common Share, in connection with the Company’s recently completed underwritten public offering of 33,400,000 Common Shares, which closed on March 11, 2021 (the “Offering”). Upon closing of the Over-Allotment Option, the Company […]

MiningNewsBreaks - Uranium Energy Corp. (NYSE American: UEC) Announces Balance Sheet Update, Physical Uranium Initiative

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Balance Sheet Update, Physical Uranium Initiative

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

Mar 16, 2021 (Investor Brand Network via COMTEX) — Uranium Energy (NYSE American: UEC) , a Corpus Christi, Texas-based uranium mining and exploration company, today announced, in accordance with NYSE American requirements, the filing of its quarterly report on Form 10-Q for the six months ended January 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC"). The Form 10-Q filing, which includes UEC’s condensed consolidated financial statements, related notes and management’s discussion and analysis, is available for viewing on the SEC’s website or the company’s website . "With $65.8 million in cash and equity holdings, UEC has the balance sheet strength to lead U.S. uranium production higher at the most critical time for the domestic industry since the inception of the civilian nuclear power program began in the 1950s. Nuclear power is the second […]

Why Uranium Energy Corp Stock Shot Higher by as Much as 35% Today

Why Uranium Energy Corp Stock Shot Higher by as Much as 35% Today

What happened

Shares of Uranium Energy Corp (NYSEMKT: UEC) rose a dramatic 35% in the first ninety minutes or so of trading. That massive price gain didn’t last, however, with the stock quickly giving up more than half of the advance over the next ninety minutes or so before turning higher again. At 1 p.m. EDT the shares of the U.S. uranium miner had rebounded back to a roughly 20% gain — not as big as the early price jump but still quite impressive. The likely reason for the price gyrations was a company update. So what

Uranium Energy released a news report explaining that it had filed an earnings report with the Securities and Exchange Commission (SEC) for the fiscal quarter ended Jan. 31. But the bigger news was the update of its balance sheet and the business plans that it discussed in the update. As of March […]

Denison raising $75m for physical inventory of uranium

Denison raising $75m for physical inventory of uranium

Wheeler River could become Canada’s first in-situ recovery uranium mine. ( In a release, the company said it expects the purchase will strengthen its balance sheet and enhance its ability to access project financing, potentially by using the holdings as collateral.

The uranium could also give Denison increased flexibility to negotiate long-term supply arrangements with future customers along with production from Wheeler River, if the in-situ recovery project is developed.

“The physical uranium holdings that we expect to acquire will represent a sizeable portion of Denison’s share ( 2018 prefeasibility study ) of the expected C$290 million of initial capital costs for Wheeler River,” said David Cates, President and CEO of Denison in a release. “As a result, we expect this transaction to enhance the long-term financial stability of the company, as we advance towards a definitive development decision.”

The offering of 68.2 million units priced at $1.1 per unit (one share […]

Uranium Energy Corp Establishes Physical Uranium Initiative and Provides Balance Sheet Update English

Uranium Energy Corp Establishes Physical Uranium Initiative and Provides Balance Sheet Update English

NYSE American Symbol – UEC

Highlights and Balance Sheet Update as of March 15, 2021: $65.8 million in cash and equity holdings;

Establishing a physical uranium inventory to take advantage of spot purchases below most industry production costs, adding additional asset value to the balance sheet;

Uranium inventory will provide greater marketing flexibility for utilities, while freeing up UEC’s domestic mine production for the U.S. Uranium Reserve, and other U.S. origin specific opportunities; Entered into agreements totaling $10.9 million to purchase 400,000 pounds of uranium concentrates at ConverDyn in Metropolis, Illinois at a volume weighted average price of $27.29 per lb. U3O8; Market value of a 19.5% equity stake in Uranium Royalty Corp. (URC: TSX-V) increased to $34.3 million following URC’s announced acquisition of royalties on the world-class MacArthur River and Cigar Lake uranium mines; Realized gross proceeds of $30 million from the […]

Why Uranium Energy Corp Stock Shot Higher by as Much as 35% Today

Why Uranium Energy Corp Stock Shot Higher by as Much as 35% Today

What happened

Shares of Uranium Energy Corp ( NYSEMKT:UEC ) rose a dramatic 35% in the first ninety minutes or so of trading. That massive price gain didn’t last, however, with the stock quickly giving up more than half of the advance over the next ninety minutes or so before turning higher again. At 1 p.m. EDT the shares of the U.S. uranium miner had rebounded back to a roughly 20% gain — not as big as the early price jump but still quite impressive. The likely reason for the price gyrations was a company update. So what

Uranium Energy released a news report explaining that it had filed an earnings report with the Securities and Exchange Commission (SEC) for the fiscal quarter ended Jan. 31. But the bigger news was the update of its balance sheet and the business plans that it discussed in the update. As of […]

NexGen Announces Exercise of $22.5 Million Over-Allotment Option in Connection with Recently Completed Bought Deal Financing

NexGen Announces Exercise of $22.5 Million Over-Allotment Option in Connection with Recently Completed Bought Deal Financing

VANCOUVER, BC, March 16, 2021 /PRNewswire/ – NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE ) is pleased to announce that the Underwriters (as defined below) have exercised their over-allotment option (the "Over-Allotment Option"), in full, to purchase an additional 5,010,000 common shares in the capital of the Company (the "Common Shares") at a price of $4.50 per Common Share, in connection with the Company’s recently completed underwritten public offering of 33,400,000 Common Shares, which closed on March 11, 2021 (the "Offering"). Upon closing of the Over-Allotment Option, the Company received additional gross proceeds of $22,545,000, resulting in total gross proceeds from the Offering of approximately $172.8 million.

The Offering was completed through a syndicate of underwriters led by BMO Nesbitt Burns Inc. and Canaccord Genuity Corp., and including Eight Capital, Raymond James Ltd., TD Securities Inc., Cormark Securities Inc., Haywood Securities Inc., Sprott Capital Partners LP, […]

Uranium Energy Corp Establishes Physical Uranium Initiative and Provides Balance Sheet Update

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

CORPUS CHRISTI, Texas, March 16, 2021 /PRNewswire via COMTEX/ — NYSE American Symbol – UEC Highlights and Balance Sheet Update as of March 15, 2021: $65.8 million in cash and equity holdings;

Establishing a physical uranium inventory to take advantage of spot purchases below most industry production costs, adding additional asset value to the balance sheet;

Uranium inventory will provide greater marketing flexibility for utilities, while freeing up UEC’s domestic mine production for the U.S. Uranium Reserve, and other U.S. origin specific opportunities; Entered into agreements totaling $10.9 million to purchase 400,000 pounds of uranium concentrates at ConverDyn in Metropolis, Illinois at a volume weighted average price of $27.29 per lb. U3O8; Market value of a 19.5% equity stake in Uranium Royalty Corp. (URC: TSX-V) increased to $34.3 million following URC’s announced […]

CanAlaska Uranium Increases Private Placement Financing to $3,000,000

CanAlaska Uranium Increases Private Placement Financing to $3,000,000

Vancouver, British Columbia–(Newsfile Corp. – March 15, 2021) – CanAlaska Uranium Ltd. (TSXV: CVV ) (FSE: DH7N ) ("CanAlaska" or the "Company") announces that further to its news releases of February 26, 2021 and March 12, 2021, due to increased demand, it is increasing the total gross amount to be raised under its non-brokered private placement to $3,000,000 (the " Offering ").

The Offering is comprised of a combination of: (i) non-flow-through units (the " NFT Units ") being sold at a price of $0.50 per NFT Unit; (ii) flow-through units (the " FT Units ") being sold at a price of $0.64 per FT Unit; and (iii) flow-through charity units (the " Charity Units ") being sold at a price of $0.69 per Charity Unit. Each NFT Unit is comprised of one non-flow-through common share and one-half (0.5) of one warrant. Each FT Unit and Charity Unit is comprised […]

CanAlaska Increases Private Placement Financing to $3,000,000

CanAlaska Increases Private Placement Financing to $3,000,000

CanAlaska Uranium Ltd. announces that further to its news releases of February 26, 2021 and March 12, 2021, due to increased demand, it is increasing the total gross amount to be raised under its non-brokered private placement to $3,000,000 .The Offering is comprised of a combination of: non-flow-through units being sold at a price of $0.50 per NFT Unit; flow-through units being sold at a price of $0.64 per FT Unit; …

CanAlaska Uranium Ltd. ( TSXV: CVV ) (FSE: DH7N) (“CanAlaska” or the “Company”) announces that further to its news releases of February 26, 2021 and March 12, 2021, due to increased demand, it is increasing the total gross amount to be raised under its non-brokered private placement to $3,000,000 (the “Offering”).

The Offering is comprised of a combination of: (i) non-flow-through units (the “ NFT Units “) being sold at a price of $0.50 per NFT Unit; (ii) […]

Denison Announces Funding of Project Finance Initiative Involving Strategic Acquisition of Physical Uranium

Denison Announces Funding of Project Finance Initiative Involving Strategic Acquisition of Physical Uranium

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES/

TORONTO, March 15, 2021 /CNW/ – Denison Mines Corp. ("Denison" or the "Company") (TSX: DML ) (NYSE American: DNN) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation ("CFCC"), as lead underwriter and sole book-runner, on behalf of themselves and a syndicate of underwriters (collectively with CFCC, the "Underwriters"), under which the Underwriters have agreed to purchase, on a bought deal basis, 68,200,000 units of the Company (the "Units") at the price of USD$1.10 per Unit (the "Issue Price") for aggregate gross proceeds of approximately USD$75 million (the "Unit Offering"). View PDF Version . View PDF Denison Announces Funding of Project Finance Initiative Involving Strategic Acquisition of Physical Uranium (CNW Group/Denison Mines Corp.) Net […]

U.S. Uranium Market Trends by 2021-2026

Global Uranium Market Overview:

Global Uranium Market presents insights on the current and future industry trends, enabling the readers to identify the products and services, hence driving the revenue growth and profitability. The research report provides a detailed analysis of all the major factors impacting the market on a global and regional scale, including drivers, constraints, threats, challenges, opportunities, and industry-specific trends. Further, the report cites global certainties and endorsements along with downstream and upstream analysis of leading players. The research report comes up with the base year 2020 and the forecast between 2021 and 2026.

This report covers all the recent development and changes recorded during the COVID-19 outbreak.

This Uranium market report aims to provide all the participants and the vendors will all the details about growth factors, shortcomings, threats, and the profitable opportunities that the market will present in the near future. The report also features […]

What Type Of Shareholders Make Up Uranium Participation Corporation's (TSE:U) Share Registry?

What Type Of Shareholders Make Up Uranium Participation Corporation’s (TSE:U) Share Registry?

A look at the shareholders of Uranium Participation Corporation ( TSE:U ) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership.

With a market capitalization of CA$685m, Uranium Participation is a small cap stock, so it might not be well known by many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions are noticeable on the share registry. Let’s delve deeper into each type of owner, to discover more about Uranium Participation. TSX:U Ownership Breakdown March 12th 2021 What Does The Institutional Ownership Tell Us About Uranium Participation?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about […]

Nuclear power proves its resilience a decade after Japan’s Fukushima disaster

Nuclear power proves its resilience a decade after Japan’s Fukushima disaster

In 2011, the Fukushima Daiichi power plant was the site of the worst nuclear disaster in a quarter century. TEPCO/AFP via Getty Images It has been a decade since the Japan nuclear disaster caused the energy industry to rethink the safety of the power source, but the event hasn’t led to the destruction of the market or uranium demand.

Instead, it may have highlighted the importance of nuclear-power generation in the world’s efforts to provide clean energy.

“It would be far from accurate to say that Fukushima was the death knell for the nuclear industry,” says Jonathan Hinze, president at nuclear-fuel consultancy UxC, LLC.

On March 11, 2011, Japan suffered from a 9.0-magnitude earthquake , the largest ever recorded in the country. The massive tsunamis created by the quake flooded the Fukushima Daiichi power plant and led to the worst nuclear disaster in a quarter century. “Fukushima obviously was a huge event […]

GoviEx Letter to Stakeholders and Market Update

GoviEx Letter to Stakeholders and Market Update

GoviEx Uranium Inc. today provides a Letter to Stakeholders and Market Update from the Executive Chairman, Govind Friedland and the Chief Executive Officer, Daniel Major.To Our Fellow Stakeholders, When we reflect on 2020, it will likely be remembered as the year strongly dominated by the COVID pandemic. Yet despite 2020 being a year like no other, GoviEx was able to adapt to this challenging environment and made …

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “Company”) today provides a Letter to Stakeholders and Market Update from the Executive Chairman, Govind Friedland and the Chief Executive Officer, Daniel Major.

To Our Fellow Stakeholders,

When we reflect on 2020, it will likely be remembered as the year strongly dominated by the COVID pandemic. Yet despite 2020 being a year like no other, GoviEx was able to adapt to this challenging environment and made progress by improving our financial position, advancing […]