Tag: uranium

VANCOUVER, BC, Nov. 17, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF ) (the " Company " or "enCore") is pleased to announce that the shareholders of Azarga Uranium Corp. (TSX: AZZ) (OTCQB: AZZUF ) (FRA: P8AA) ("Azarga Uranium") have approved the plan of arrangement (the "Plan of Arrangement") with enCore previously announced on September 7th, 2021. The Plan of Arrangement was approved by 99.8% of the votes cast by holders of common shares of Azarga Uranium. enCore Energy will host an information session, via webinar, on Thursday, November 18, 2021 at 11 AM EST. Please register at: https://attendee.gotowebinar.com/register/5708536147519920651 .

"enCore is very pleased with the results of the Azarga Uranium shareholder vote and will be working closely with Azarga to complete the next steps to close this transaction," said William M. Sheriff, Executive Chairman. "Upon closing of this transaction, enCore Energy will have established itself as one […]

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is pleased to announce the closing of its previously announced bought deal private placement (the " Offering ") for gross proceeds of C$8,500,000, which includes the proceeds from the full exercise of the underwriters’ over-allotment option. Due to significant demand, the Offering was upsized from the original gross proceeds of C$6.0 million. Under the Offering, the Company sold 2,222,222 flow-through units of the Company (each, a " FT Unit ") at a price of C$0.90 per FT Unit and 6,500,000 FT Units that were sold to charitable purchasers (each, a " Charity FT Unit ") at a price of C$1.00 per Charity FT Unit. Red Cloud Securities Inc., as lead underwriter and sole bookrunner, with Research Capital Corp. acted as underwriters (the " Underwriters ") for the Offering.

Each FT Unit and Charity FT Unit consists of one common share of the Company issued as a "flow-through share" within the […]

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We can readily understand why investors are attracted to unprofitable companies. Indeed, Western Uranium & Vanadium ( CSE:WUC ) stock is up 341% in the last year, providing strong gains for shareholders. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

So notwithstanding the buoyant share price, we think it’s well worth asking whether Western Uranium & Vanadium’s cash burn is too risky. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. Let’s start with an examination of the business’ cash, relative to its cash burn. How Long Is Western Uranium & Vanadium’s Cash Runway?

A company’s cash runway is calculated by dividing its cash hoard by its cash burn. In June 2021, Western Uranium & Vanadium had US$5.3m in cash, and was […]

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Saskatoon, Saskatchewan TheNewswire – November 17, 2021 UEX Corporation is pleased to announce it has filed a technical report on the Horseshoe-Raven Project located in the eastern Athabasca Basin of northern Saskatchewan, prepared in accordance with National Instrument 43-101 “ Standards of Disclosure for Mineral Projects ” . In 2011 a Preliminary Economic Assessment titled “ Preliminary Assessment …

(TheNewswire) Saskatoon, Saskatchewan TheNewswire – November 17, 2021 UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce it has filed a technical report on the Horseshoe-Raven Project (the “ Technical Report ”) located in the eastern Athabasca Basin of northern Saskatchewan, prepared in accordance with National Instrument 43-101 “ Standards of Disclosure for Mineral Projects ” (“ NI-43-101 ”).

In 2011 a Preliminary Economic Assessment titled “ Preliminary Assessment Technical Report on the Horseshoe and Raven Deposits, Hidden Bay Project, Saskatchewan, Canada”) (the “ 2011 PEA ”) was completed […]

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Each Subscription Receipt entitles the holder thereof to automatically receive, upon satisfaction of certain escrow release conditions (the “ Escrow Release Conditions ”), one unit of LUR (a “ Unit ”). Each Unit shall be comprised of one class B common share of LUR (each, a “ Unit Share ”) and one-half of one common share purchase warrant of LUR (each whole warrant, a “ Warrant ”). Each Warrant will entitle the holder to purchase one class B common share of LUR (each, a “ Warrant Share ”) at a price of C$1.05 for a period of 24 months following the Escrow Release Date (as defined herein). The Escrow Release Conditions includes the satisfaction of all conditions precedent to the completion of the Spin-Out as well as receipt of conditional approval for the listing of LUR’s class B common shares (the “ Common Shares ”) on the Canadian Securities […]

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Toronto, Ontario and Nucla, Colorado, Nov. 16, 2021 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to provide the following update.

Mining Operations at the Sunday Mine Complex (“SMC”) are proceeding and producing results far beyond expectations. The development of one of the multiple SMC ore bodies, the GMG Ore Body, required the drift (tunnel) to be extended 150 feet to reach the first surface exploration drill hole. Notably, only limited exploration drilling has been done in this area due to the mountainous terrain on the surface above.

In confirmation of the horizontal drilling results announced last month, very high-grade ore continues to be intersected through the drift path and on both sides of the drift. As a result, the team shifted from development to mining. In a matter of only three working days, over 300 tons of very high-grade uranium/vanadium […]

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Pic: The Boss Baby 2, Universal Pictures (2021). share

Analysts at Bell Potter think Boss Energy (ASX:BOE) could make a final investment decision on the restart of the Honeymoon uranium mine as early as March next year.

Bell Potter has slapped a speculative buy recommendation on Boss after initiating coverage last week with a 44c price target. The yellowcake stock was trading at 35c today, giving it a market cap of $780 million.

Its main game is the Honeymoon uranium mine, which it picked up during the uranium doldrums and has been shut for almost a decade.Boss has outlined a ~$107 million (US$80 million) capex cost to refire the mine, which would become just the third operating uranium mine in Australia should it enter production.It is likely to have around a 12 month timeline from FID to first production, with Boss’ primary aim to lock up long-term contracts with utilities to […]

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Key Points: Uranium Plus Multi-Element Historic Resources

Untested Exploration Upside

Strategic Rare Earth Mineral Potential

Expands CUR’s Queensland Project Portfolio Compelling Acquisition Terms Philip Williams President and CEO commented, “With today’s signing of the Agreement, the Transaction will add another uranium project to the CUR portfolio with significant previous expenditures and historic mineral resources. Like many of our other projects we believe that Milo boasts strong exploration potential which we intend to pursue in short order. The project also fits well with our existing Queensland assets, namely Ben Lomond and Maureen, and will provide critical mass in an important global mining jurisdiction. We feel strongly that Milo will be a valuable project to CUR as it may be advanced as a uranium asset with additional historic mineral resources of rare earths, copper and gold. Currently the Queensland Government of Australia is highlighting rare earths […]

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Azarga Uranium CORP. is pleased to announce that the shareholders of Azarga Uranium have approved the plan of arrangement with enCore Energy Corp. previously announced on 7 September 2021The Plan of Arrangement was approved by 99.8% of the votes cast by holders of common shares of Azarga Uranium . In addition, the Plan of Arrangement was approved by a simple majority of the votes cast by Shareholders, excluding the …

Azarga Uranium CORP. ( TSX:AZZ )(OTCQB:AZZUF)(FRA:P8AA) (“ Azarga Uranium ” or the “Company”) is pleased to announce that the shareholders of Azarga Uranium (the “Shareholders”) have approved the plan of arrangement (“Plan of Arrangement”) with enCore Energy Corp. (TSXV:EU)(OTCQB:ENCUF) (“enCore”) previously announced on 7 September 2021

The Plan of Arrangement was approved by 99.8% of the votes cast by holders of common shares of Azarga Uranium (“ Azarga Uranium Shares”). In addition, the Plan of Arrangement was approved by a […]

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AZARGA URANIUM CORP Chart 1 Jahr AZARGA URANIUM CORP 5-Tage-Chart WHITE ROCK, BC / ACCESSWIRE / November 16, 2021 / AZARGA URANIUM CORP. (TSX:AZZ)(OTCQB:AZZUF)(FRA:P8AA) ("Azarga Uranium" or the "Company") is pleased to announce that the shareholders of Azarga Uranium (the "Shareholders") have approved the plan of arrangement ("Plan of Arrangement") with enCore Energy Corp. (TSXV:EU)(OTCQB:ENCUF) ("enCore") previously announced on 7 September 2021.

The Plan of Arrangement was approved by 99.8% of the votes cast by holders of common shares of Azarga Uranium ("Azarga Uranium Shares"). In addition, the Plan of Arrangement was approved by a simple majority of the votes cast by Shareholders, excluding the votes cast in respect of the Azarga Uranium Shares held by certain related parties (as defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ).

The British Columbia Supreme Court hearing for the final order to approve the Plan of Arrangement […]

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WHITE ROCK, BC / ACCESSWIRE / November 16, 2021 / AZARGA URANIUM CORP. (TSX:AZZ)(OTCQB:AZZUF)(FRA:P8AA) ("Azarga Uranium" or the "Company") is pleased to announce that the shareholders of Azarga Uranium (the "Shareholders") have approved the plan of arrangement ("Plan of Arrangement") with enCore Energy Corp. (TSXV:EU)(OTCQB:ENCUF) ("enCore") previously announced on 7 September 2021.

The Plan of Arrangement was approved by 99.8% of the votes cast by holders of common shares of Azarga Uranium ("Azarga Uranium Shares"). In addition, the Plan of Arrangement was approved by a simple majority of the votes cast by Shareholders, excluding the votes cast in respect of the Azarga Uranium Shares held by certain related parties (as defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions).

The British Columbia Supreme Court hearing for the final order to approve the Plan of Arrangement is expected to occur on 19 November 2021. Closing of […]

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New Jersey, United States,- A new informative report titled “ Enriched Uranium Market Size 2021 by Key Players, Types, Applications, Forecast to 2028” has recently been published by Verified Market Research® to its humongous database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as COVID-19 impact analysis impacts, global market trends, recent technological advancements, market shares, size, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the Enriched Uranium market.

Get | Download Sample Copy with TOC, Graphs & List of Figures @ https://www.verifiedmarketreports.com/download-sample/?rid=92212

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, […]

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VANCOUVER, British Columbia, Nov. 09, 2021 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce the completion of the Phase II summer 2021 diamond drilling program at the Company’s flagship 25,886 hectare Davidson River Project (the “Project” or “Davidson River”). The Project is located in the Southwest Athabasca Uranium District of Saskatchewan, approximately 25 km to 30 km, respectively, to the west of Fission Uranium’s Triple R and NexGen’s Arrow deposits. This news release includes initial geochemistry (assay) results from the Company’s summer drill program, showing elevated radioactivity discovered in the Saint, Warrior and Bronco trends. Final results from the Company’s summer drill program are expected in six to eight weeks time.

Davidson River Summer Drilling Campaign Completed

The Davidson River Phase II summer drill campaign officially wrapped up on October 31, 2021. The Company completed thirteen […]

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TICKER SYMBOLS: TSX:LAM; ASX:LAM; OTCQX:LMRXF Laramide Resources Ltd. is pleased to announce it has commenced a helicopter supported reconnaissance stream and soil sampling program designed to test for uranium, gold and a suite of other precious and base metals, hosted within favourable geological units on ELs 9319 and 9414 in the Northern Territory. These tenements comprise the Murphy Project and the current …

TICKER SYMBOLS: TSX:LAM; ASX:LAM; OTCQX:LMRXF

Laramide Resources Ltd. (” Laramide ” or the ” Company “) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce it has commenced a helicopter supported reconnaissance stream and soil sampling program designed to test for uranium, gold and a suite of other precious and base metals, hosted within favourable geological units on ELs 9319 and 9414 in the Northern Territory. These tenements comprise the Murphy Project (“Murphy” or “the Project”) and the current program is the first one undertaken […]

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ASX uranium shares have, broadly, trounced the benchmark returns this past year. Take Paladin Energy Ltd (ASX: PDN) , for example.

The Aussie uranium producer has seen its share price surge an eye-popping 659% over the past 12 months. That’s brought its market cap north of $2.7 billion.

Then there’s Boss Energy Ltd (ASX: BOE) . The Boss Energy share price has surged 475% since this time last year.

And with a year-on-year share price gain of 224%, ASX uranium share Deep Yellow Limited (ASX: DYL) also stands far above the 16% returns delivered by All Ordinaries Index (ASX: XAO) over that same time.But with such a strong run behind them, can these ASX uranium shares continue to grow? All eyes on China While most of the developed world has put a pause on new nuclear power plants, China is forging ahead at record pace.And with Glasgow’s COP26 Climate Summit turning up […]

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This story features PALADIN ENERGY LIMITED. For more info SHARE ANALYSIS: PDN

As the spot uranium price climbed just over 6% last week, a key adviser to the Australian government advances the case for nuclear.

-Small scale reactors versus large scale batteries
-Rolls Royce establishes a small modular reactor business
-Prices required by Paladin Energy for a Langer Heinrich restart -Uranium spot price rises just over 6% for the week One of the key architects behind Prime Minister Scott Morrison’s gas-led recovery plan suggests nuclear energy represents a strategic regional opportunity for Australia.Andrew Liveris, the former Chief Executive of Dow Chemicals, believes the country needs to overcome concerns about nuclear energy and instead see its potential to reduce carbon emissions.Liveris notes small scale reactors are “more proven” than the use of large scale batteries to store renewable energy and suggests Australia should repurpose its ageing coal power plant […]

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