Fission Uranium Commences Environmental Assessment for PLS Project

While the proposed project does not formally trigger an Impact Assessment (IA) under the Canada Impact Assessment Act, 2019, there will be close coordination required between the province and the Canadian Nuclear Safety Commission (CNSC), Canada’s life cycle nuclear regulator, to ensure that the EA includes components that will support the environmental aspects of CNSC licensing. Fission is currently working with CNSC to explore the most appropriate time for submission of an Initial License Application.

Ross McElroy, President and CEO for Fission, commented, "Fission is very pleased to be commencing the EA process, and we will be working closely with all rights holders and stakeholders as well as the government regulatory bodies as we advance towards this important milestone for our PLS project. As a result of nearly ten years of detailed environmental data collection and analysis, initial engineering studies, together with respectful, honest engagement with our local communities, […]

IsoEnergy Announces Initial Assay Results from Hurricane Expansion Drill Holes

IsoEnergy Announces Initial Assay Results from Hurricane Expansion Drill Holes

July 2018 and is a high-grade uranium project located on the Company’s 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan. 1. Radioactivity is total gamma from drill core measured with an RS-125 hand-held spectrometer. 2. Measurements of total gamma cps on drill core are an indication of uranium content but may not correlate with uranium chemical assays. Andy Carmichael, Vice President of Exploration commented: "The grade and thickness of mineralization in LE21-78C1 coupled with the radioactivity intersected by LE21-87A and LE21-107 is evidence that further potential remains at the J-L fault corridor. We look forward to exploring this prospective corridor in 2022, particularly along strike of LE21-101 as this area is untested for 150m to the west and open to the east."

Tim Gabruch, President and Chief Executive Officer commented: "The summer drill program was successful in continuing to enhance our understanding […]

Atomic Minerals Corporation Proceeds to Private Placement for Up to $1.2 Million

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here .

VANCOUVER, BC / ACCESSWIRE / November 30, 2021 / Atomic Minerals Corporation (formerly Resolve Ventures Inc.) ("ATOMIC MINERALS" or the "Company") ( TSXV:ATOM ) is pleased to announce that further to its price reservation, the Company will proceed with a Private Placement of up to 16,000,000 Units ( "Units" ) at $0.075 per Unit for gross proceeds of up to $1,200,000.

Each Unit is comprised of one common share at $0.075 per common share and one warrant exercisable at $0.10 per common share for two years from closing. The Company may pay finders fees.

Use of proceeds will be for the technical advancement of its newly optioned Lloyd Lake Uranium Project ( "Lloyd Lake" ), and general working capital to enable the Company to pursue further uranium assets. […]

Why Denison Mines, Energy Fuels, and Uranium Energy Plunged Today

Why Denison Mines, Energy Fuels, and Uranium Energy Plunged Today

What happened

Shares of uranium mining companies Denison Mines ( NYSEMKT:DNN ), Energy Fuels ( NYSEMKT:UUUU ), and Uranium Energy ( NYSEMKT:UEC ) all crashed in Tuesday trading, falling 7%, 8.6%, and a disheartening 11.9%, respectively, through 1:25 p.m. ET.

It’s not hard to figure out why. Image source: Getty Images. So what

I pointed out a couple of weeks ago that prices for nuclear fuel were repeatedly bumping up against a low ceiling, and failing repeatedly to reach the $60-a-pound uranium target that is seen as a goal for making uranium mining profitable enough to spur new production.That pattern continues through today.Since hitting its recent high of roughly $48 a pound on Nov. 15, uranium prices have twice more tried to break that barrier and resume their march toward $60 — and twice failed, according to data from TradingEconomics.com . Today, uranium prices sit at just $47.25 a pound, […]

Uranium Energy Corp. (UEC) market price of $4.29 offers the impression of an exciting value play

Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $4.29 to be very precise. The Stock rose vividly during the last session to $4.35 after opening rate of $4.16 while the lowest price it went was recorded $4.15 before closing at $4.14.Recently in News on November 9, 2021, Uranium Energy Corp Creates America’s Largest Uranium Mining Company with the Acquisition of Uranium One Americas. Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce the Company has entered into a definitive share purchase agreement with Uranium One Investments Inc., a subsidiary of Uranium One Inc. (“Uranium One”), to acquire all the issued and outstanding shares of Uranium One Americas, Inc. (“U1A”) for a total purchase price comprised of $112 million in cash and the replacement (with corresponding payments to the seller) of $19 million in reclamation bonding (the “Acquisition”). […]

Forum Energy Metals Provides Uranium and Energy Metal Project Review

Forum Energy Metals Provides Uranium and Energy Metal Project Review

URANIUM PROJECTS

Forum has submitted permit applications for drilling on five of its nine drill-ready uranium projects in the prolific Athabasca Basin, Saskatchewan – Wollaston (100% Forum), Highrock (100% Forum), Costigan (65% Forum; 35% Trafigura), Clearwater (75% Forum; 25% Vanadian) and Northwest Athabasca Joint Venture (39.5% Forum; 28% NexGen; 20% Cameco; 12.5% Orano).

Arrangements for a 3,000 metre drill program on the Wollaston project located within 10km of Cameco’s Rabbit Lake uranium mill and within 30km of Orano/Denison’s McClean Lake uranium mill are well underway for a mid-January, 2022 startup (Figure 2). Permitting and preliminary planning are underway at the Clearwater, Costigan and Highrock projects due to option and joint venture interest from third parties in these projects.

Forum will start organizing the mobilization of camp and equipment in the New Year for a winter 2023 drilling campaign at the Northwest Athabasca Basin Joint Venture project, host to the historical 1.5 […]

3 Best Uranium Stocks You Can Buy Right Now

3 Best Uranium Stocks You Can Buy Right Now

Uranium stocks are booming, and it isn’t just another rally — nearly every uranium stock listed in the U.S. has more than doubled in 2021, which is almost unthinkable given that the uranium industry has struggled to sustain, let alone thrive, after the Fukushima Daiichi nuclear disaster in 2011 nearly wiped out nuclear energy from the global energy map.

To be sure, several nations are reconsidering nuclear energy as a viable source of alternative fuel to help them meet their decarbonization goals, which should also boost demand for nuclear fuel, uranium. But that’s not the only reason why uranium stocks are soaring. The recent launch of the world’s largest physical uranium exchange-traded fund (ETF) , the Sprott Physical Uranium Trust Fund ( OTC:SRUU.F ) has been an even bigger catalyst.

Yet this could just be the beginning of the rally in uranium stocks, and while it could be a bumpy ride, […]

Time To Buy The Uranium ETF

Time To Buy The Uranium ETF

Summary

The Uranium ETF is up 110% this year but more gains are to come.

Sprott has announced that they will increase their fund size to purchase more physical pounds of uranium which should support prices.

This month China announced massive nuclear buildout plans that include 150 new reactors over the next fifteen years. bkindler/E+ via Getty Images Overview The North Shore Global Uranium Mining ETF ( URNM ) has quickly emerged as the go to ETF for investors looking to gain exposure to the uranium sector.URNM is an index of companies that are involved in the mining, exploration, development, and production of uranium, as well as companies that hold physical uranium or other non-mining assets.Two months ago, I highlighted the bull case for the physical price of uranium as the Sprott Physical Uranium Trust Fund ( OTCPK:SRUUF ) started to hoover up the spot market supplies of uranium. […]

3 Best Uranium Stocks You Can Buy Right Now

3 Best Uranium Stocks You Can Buy Right Now

Uranium stocks are booming, and it isn’t just another rally — nearly every uranium stock listed in the U.S. has more than doubled in 2021, which is almost unthinkable given that the uranium industry has struggled to sustain, let alone thrive, after the Fukushima Daiichi nuclear disaster in 2011 nearly wiped out nuclear energy from the global energy map.

To be sure, several nations are reconsidering nuclear energy as a viable source of alternative fuel to help them meet their decarbonization goals, which should also boost demand for nuclear fuel, uranium. But that’s not the only reason why uranium stocks are soaring. The recent launch of the world’s largest physical uranium exchange-traded fund (ETF) , the Sprott Physical Uranium Trust Fund (OTC: SRUU.F) has been an even bigger catalyst.

Yet this could just be the beginning of the rally in uranium stocks, and while it could be a bumpy ride, here […]

Dev Randhawa on the uranium market, and Fission 3.0 staking two new properties in the Athabasca Basin

In a recent InvestorIntel interview, Tracy Weslosky spoke with Dev Randhawa, Chairman and CEO of Fission 3.0 Corp. (TSXV: FUU | OTCQB: FISOF) about staking two new properties in the Athabasca Basin, which have the potential for near-surface high-grade uranium deposits

In this InvestorIntel interview, which may also be viewed on YouTube ( click here to subscribe to the InvestorIntel Channel ), Dev discusses Fission 3.0’s recent raises and how these funds will be directed. Tracy inquires about a wide range of increasing interest in uranium from a wide spectrum of investors that range from ESG funds to millennials in uranium and Dev provides compelling reasons why this interest will not only continue but grow. They discuss the Sprott Physical Uranium Trust, which invests and holds substantially all of its assets in uranium in the form of U3O8, and the impact on the uranium spot price.

To watch the full interview, […]

Alpha Lithium Secures US$30 million Investment from Uranium One with Right to Invest Additional US$185 million at Tolillar Salar, Argentina

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — Alpha Lithium Corporation (TSX.V: ALLI) (OTC: APHLF) (Frankfurt: 2P62) (“ Alpha ” or the “ Company ”) is very pleased to announce a significant asset transaction with international, multi-billion-dollar, chemical processing conglomerate, Uranium One Group (“Uranium One”).

Uranium One’s wholly owned subsidiary, Uranium One Holding N.V. (“U1”), has agreed to invest US$30 million in exchange for a 15% ownership stake in Alpha’s 100% owned, 27,500-hectare Tolillar Salar in Argentina (“Tolillar”) and by doing so will earn an option to acquire another 35% of Tolillar for US$185 million (the “Option” or the “Earn-in Right”). If the Option is exercised, Alpha would retain a 50% interest in Tolillar, which would be fully funded up to the point of commercial production.

The transaction is limited only to Tolillar and when closed, is expected to leave Alpha with approximately $45 million of cash, free to focus […]

Toro Energy : to Assess 90.9Mlbs U3O8 Portfolio for Opportunities

Toro Energy : to Assess 90.9Mlbs U3O8 Portfolio for Opportunities

ASX ANNOUNCEMENT only TORO TO ASSESS VALUE OPPORTUNITIES FOR ITS 90.9 Mlbs U3O8 PORTFOLIO HIGHLIGHTS use • Review underway to identify value opportunities across Toro’s Australian uranium portfolio which currently includes 90.9 Mlbs of contained U3O8(at a 200ppm U3O8 cut-off – see below for references) • Toro holds significant uranium resources inside the Wiluna Uranium Project with 62.7 million pounds (Mlbs) contained U3O8(at a 200ppm U3O8 cut-off – JORC 2012, refer to ASX announcement 1 February 2016 and Appendix 1) in three deposits, Lake Maitland, personal Lake Way and Centipede-Millipede o Nowthanna • 96%of the Resources are Measured and Indicatedin the Wiluna Uranium Project (JORC 2012 – refer to table in Appendix 1) • The U3O8 mineralisation envelope of these three deposits also contains a Vanadium Resource of 96.3Mt grading 322ppm V2O5 for 68.3Mlbs of contained V2O5at a 200ppm V2O5 cut-off (refer to ASX announcement of 21 October 2019) […]

Valor backers pump $5.4m in for Canadian uranium hunt

Valor backers pump $5.4m in for Canadian uranium hunt

Valor Resources has extracted a handy $5.4m from the market to throw at its Canadian uranium projects as it ramps up exploration activities amid strengthening uranium prices. The Perth-based explorer is knee deep in a flurry of exploration activities as the uranium price is spurred on by increased global demand for yellow cake. Valor Resources Executive Chairman George Bauk. Credit: File Valor Resources has extracted a handy $5.4m from the market to throw at its Canadian uranium projects as it ramps up exploration activities amid strengthening uranium prices. The Perth-based explorer is knee deep in a flurry of exploration activities as the uranium price is spurred on by increased global demand for yellow cake.

The company recently completed a placement through the issue of 319 million new shares priced at 1.71 cents. Curiously, the price represents a seven per cent premium to Valor’s closing market price of 1.6 cents on […]

Best Penny Stocks To Buy Right Now

Best Penny Stocks To Buy Right Now

Penny stocks can sometimes get a bad reputation. On the one hand, they can offer tremendous growth potential as young, promising companies. But, on the other hand, they can be failing businesses with no escape plans. Luckily, I will cover the best penny stocks to buy right now and help you avoid a money-drain situation.

To be considered a penny stock, it generally includes assets trading under $5 a share. Although not all companies trade for pennies, they offer immense growth potential for those who find the hidden gems.

Check out this list for the best penny stocks to buy right now. Top 5 – The Best Penny Stocks to Buy Right Now Penny stocks have gotten a huge boost this year from traders looking to capture the next big thing. For example, GameStop (NYSE: GME), a stock trading for less than $5 around two years ago, is now up over […]

2 No-Brainer Stocks to Buy With $10 Right Now

2 No-Brainer Stocks to Buy With $10 Right Now

All Canadian stock markets combined have thousands of stocks (collectively), and if you add the potential U.S. securities to the mix, which are even more numerous, the number becomes too unwieldy to keep track of for a single investor, even with all the new tools.

There are a few ways you can keep track of your most favourite securities and budding prospects; foremost among them would be a watchlist. But a few investors take a different approach. They invest a very small sum of money in the stocks they want to keep tabs on, making them part of their portfolio and allowing them to keep a closer eye on changes and patterns compared to a watchlist.

But that’s not the only reason people invest smaller sums in stocks. Indeed, many people are in the habit of investing their savings right away (no matter how small) to give them as much time […]

Uranium sale expected to boost Wyoming production

DOUGLAS — In a move that may mean a huge upswing in uranium mining in Converse County and Wyoming, Uranium Energy Corporation (UEC) has entered into an agreement with Russia’s Uranium One Investments Inc., a subsidiary of Uranium One, to acquire all issued and outstanding shares of Uranium One Americas, Inc. (U1A) for a total purchase price of $112 million in cash and the replacement of $19 million in reclamation bonding.

Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom.

The deal will add approximately 100,000 acres in Wyoming’s prolific uranium producing Powder River and Great Divide Basins consisting of dozens of under-explored, mineralized brownfield projects, backed by detailed databases of historic uranium exploration and development programs, thus greatly enhancing the potential for resource expansion, according to a press release from UEC Nov. 9.

The company said U1A’s assets are primarily situated in […]

Thinking Of Investing In Uranium Energy Corp. (AMEX: UEC) Stock? Here’s What You Need To Know

Uranium Energy Corp. (AMEX:UEC) shares, rose in value on Friday, November 26, with the stock price down by -7.41% to the previous day’s close as strong demand from buyers drove the stock to $4.00.

Actively observing the price movement in the recent trading, the stock is buoying the session at $4.32, falling within a range of $4.19 and $4.52. The value of beta (5-year monthly) is 2.43. Referring to stock’s 52-week performance, its high was $5.79, and the low was $1.03. On the whole, UEC has fluctuated by 7.46% over the past month.

3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We’ve set up an alert […]

Uranium Energy Corp. (AMEX: UEC) Shares Have Been Up About 145.45% Year-To-Date Since The Beginning Of 2021

During the last session, Uranium Energy Corp. (AMEX:UEC)’s traded shares were 4.59 million, with the beta value of the company hitting 2.30. At the end of the trading day, the stock’s price was $4.32, reflecting an intraday loss of -1.14% or -$0.05. The 52-week high for the UEC share is $5.79, that puts it down -34.03 from that peak though still a striking 77.08% gain since the share price plummeted to a 52-week low of $0.99. The company’s market capitalization is $1.28B, and the average trade volume was 8.52 million shares over the past three months.

Uranium Energy Corp. (UEC) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.50. UEC has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a […]

Consolidated Uranium Announces Closing of C$20.0 Million Bought Deal Private Placement

Consolidated Uranium Announces Closing of C$20.0 Million Bought Deal Private Placement

TORONTO, Nov. 22, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ” or the “ Company ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce the closing of its previously announced “bought deal” private placement (the “ Offering ”) for gross proceeds of C$20,000,750 from the sale of 7,547,453 units of the Company (the “ Units ”) at a price of C$2.65 per Unit (the “ Unit Price ”), which includes the full exercise of the over-allotment option. Due to significant demand, the Offering was upsized from its original gross proceeds of C$15.0 million. Red Cloud Securities Inc. acted as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters that included Haywood Securities Inc. and PI Financial Corp. (collectively, the “ Underwriters ”).

Philip Williams, President and CEO commented, “we are very pleased to have completed another over-subscribed and strongly institutionally subscribed private placement. I […]

Belmont Signs Binding Term Sheet for its Crackingstone Uranium Property

Belmont Signs Binding Term Sheet for its Crackingstone Uranium Property

XS Resources Pty Ltd.To Acquire Up To 80% Interest in Crackingstone

Vancouver, B.C. Canada – TheNewswire – November 25, 2021 – Belmont Resources Inc. (“Belmont”), (or the “Company”), (TSXV:BEA) (FSE:L3L2) is pleased to announce that it has entered into a binding term sheet agreement (the “Agreement”) with respect to its Crackingstone Uranium Project (“Crackingstone”) in the Athabasca Basin of Northern Saskatchewan, Canada with XS Resources Pty Ltd. (“XSR”).

XS Resources is an Australian private resource exploration company currently applying for listing on the Australian Securities Exchange (“ASX”)

Under the terms of the agreement, XSR will make cash payments totaling $100,000 to Belmont upon the receipt of ASX approval under the Listing Rules, spend $2,500,000 in exploration expenditures over a two-year earn-in period and issue to Belmont, shares equivalent to a value of $250,000 (based on the issue price of ListCo Shares pursuant to ListCo’s IPO prospectus) to earn up to an 80% […]

Uranium Royalty Corp. (NASDAQ:UROY) trade information

During the last session, Uranium Royalty Corp. (NASDAQ:UROY)’s traded shares were 0.45 million. At the end of the trading day, the stock’s price was $4.79, reflecting an intraday gain of 0.42% or $0.02. The 52-week high for the UROY share is $5.95, that puts it down -24.22 from that peak though still a striking 82.67% gain since the share price plummeted to a 52-week low of $0.83. The company’s market capitalization is $375.19M, and the average trade volume was 1.18 million shares over the past three months.

Uranium Royalty Corp. (UROY) registered a 0.42% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.42% in intraday trading to $4.79 this Wednesday, 11/24/21, hitting a weekly high. The stock’s 5-day price performance is -8.06%, and it has moved by -12.75% in 30 days. Based on these gigs, the overall price performance […]

Purepoint Uranium Outlines Upcoming Exploration Plans

Purepoint Uranium Outlines Upcoming Exploration Plans

Toronto, Ontario–(Newsfile Corp. – November 23, 2021) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (" Purepoint " or the " Company ") today released its exploration schedule for the coming year, focusing on its large portfolio of 100% owned uranium projects strategically located across Canada’s Athabasca Basin; host to the world’s highest grade uranium resources.

"We intend to take full advantage of the renewed financial support afforded to us by the ongoing recovery of uranium prices," said Chris Frostad, Purepoint’s President and CEO. "We are now in a position to follow up on the significant discoveries already established across our portfolio of 100% owned projects."

Highlights: In 2022, the Hook Lake JV is turning its attention to the Carter Corridor; 25km band of graphitic conductors running parallel to the Patterson trend, where initial drilling has shown significant opportunity for discovery,

Airborne geophysical work to help focus […]

Valor backers pump $5.4m in for Canadian uranium hunt

Valor backers pump $5.4m in for Canadian uranium hunt

Valor Resources Executive Chairman George Bauk. Credit: File Valor Resources has extracted a handy $5.4m from the market to throw at its Canadian uranium projects as it ramps up exploration activities amid strengthening uranium prices. The Perth-based explorer is knee deep in a flurry of exploration activities as the uranium price is spurred on by increased global demand for yellow cake.

The company recently completed a placement through the issue of 319 million new shares priced at 1.71 cents. Curiously, the price represents a seven per cent premium to Valor’s closing market price of 1.6 cents on the 22nd November 2021 and a four per cent discount to the 15-day volume weighted average price.

Valor is juggling seven projects in the uranium-rich Athabasca Basin of northern Saskatchewan, Canada that boasts some of the world’s highest-grade uranium deposits including Cameco’s Cigar Lake deposit which has a reported uranium oxide grade going a […]

Uranium sale expected to boost Wyoming production

DOUGLAS — In a move that may mean a huge upswing in uranium mining in Converse County and Wyoming, Uranium Energy Corporation (UEC) has entered into an agreement with Russia’s Uranium One Investments Inc., a subsidiary of Uranium One, to acquire all issued and outstanding shares of Uranium One Americas, Inc. (U1A) for a total purchase price of $112 million in cash and the replacement of $19 million in reclamation bonding.

Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom.

The deal will add approximately 100,000 acres in Wyoming’s prolific uranium producing Powder River and Great Divide Basins consisting of dozens of under-explored, mineralized brownfield projects, backed by detailed databases of historic uranium exploration and development programs, thus greatly enhancing the potential for resource expansion, according to a press release from UEC Nov. 9.

The company said U1A’s assets are primarily situated in […]

Uranium sale expected to boost Wyoming production

DOUGLAS — In a move that may mean a huge upswing in uranium mining in Converse County and Wyoming, Uranium Energy Corporation (UEC) has entered into an agreement with Russia’s Uranium One Investments Inc., a subsidiary of Uranium One, to acquire all issued and outstanding shares of Uranium One Americas, Inc. (U1A) for a total purchase price of $112 million in cash and the replacement of $19 million in reclamation bonding.

Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom.

The deal will add approximately 100,000 acres in Wyoming’s prolific uranium producing Powder River and Great Divide Basins consisting of dozens of under-explored, mineralized brownfield projects, backed by detailed databases of historic uranium exploration and development programs, thus greatly enhancing the potential for resource expansion, according to a press release from UEC Nov. 9.

The company said U1A’s assets are primarily situated in […]