58.3 square mile (~37,300 acre) heavy mineral sand position has potential to feed the Company's White Mesa Mill with rare earth element and uranium bearing natural monazite sand for decades Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company") is pleased to announce that it has entered into binding agreements (the "Purchase Agreements") to acquire seventeen (17) mineral concessions... Read more
NuScale Power LLC (“NuScale”) and Associated Electric Cooperative (”Associated”) signed a Memorandum of Understanding (MOU) to evaluate NuScale’s VOYGR™ power plants for potential deployment. This announcement showcases the ever-growing demand for NuScale’s small modular reactor (”SMR”) technology to supply communities across America with reliable, affordable and clean energy. Headquartered in... Read more
Webcast on May 18, 2022 Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company") today reported its financial results for the quarter ended March 31, 2022. The Company's annual report on Form 10-K has been filed with the U.S. Securities and Exchange Commission ("SEC") and may be viewed on the Electronic Document Gathering and Retrieval System ("EDGAR") at www.sec.gov/edgar.shtml, on the System... Read more
Highlights: Three drill holes have now intersected elevated radioactivity within 45 m of vertical depth from surface Two holes returned some the strongest elevated radioactivity intersections on ACKIO AK22-040: 744 cps over 22.75 m at 115.05 m (new 2nd best radioactivity intersection) AK22-023: 538 cps over 29.25 m at 129.95 m (new 4th best radioactivity intersection) Change in drill azimuth direction has... Read more
Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB:STTDF) (Frankfurt: FWB:9SU) is pleased to announce that mobilization of the Standard Uranium exploration team and the Base Diamond Drilling Ltd. crew has commenced to the Company’s flagship 25,886 hectare Davidson River Project (“Davidson River” or the “Project”), located in the Southwest Athabasca Uranium District of... Read more
Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced financial results for the first quarter ended March 31, 2022 and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “Our first quarter saw momentum continue to build related to advancing our fuel development activities. We... Read more
Cameco (TSX: CCO; NYSE: CCJ) and Orano Canada Inc. (Orano) have reached agreement with Idemitsu Canada Resources Ltd. (Idemitsu) to acquire Idemitsu’s 7.875% participating interest in the Cigar Lake Joint Venture. Upon closing, Cameco’s ownership stake in the Cigar Lake uranium mine in northern Saskatchewan will increase by 4.522 percentage points to 54.547%, while Orano’s share will rise by 3.353 percentage... Read more
BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2022 revenue of $531 million, a slight increase compared with $528 million in the first quarter 2021. GAAP net income for the first quarter 2022 was $59.0 million, or $0.64 per diluted share, compared with GAAP net income of $69.7 million, or $0.73 per diluted share, in the prior-year period. Non-GAAP(1) net income for... Read more
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2022 in accordance with International Financial Reporting Standards (IFRS). “With the recent uranium price increase, we are beginning to enjoy the benefits of the strategic and deliberate decisions we have made. And, with leverage to rising prices, we are well-positioned to continue to... Read more
Financial Highlights Gross profit of $6.3 million Net loss of $0.4 million on $35.3 million in revenue Consolidated cash balance of $168.5 million as of March 31, 2022 Long-term order book valued at $1 billion as of March 31, 2022 Business Highlights Continued to meet all milestones under the DOE HALEU contract Completed conceptual design for commercial-scale HALEU cascade Centrus Energy Corp. (NYSE... Read more
Denison Mines Corp. ('Denison' or the 'Company') (TSX: DML) (NYSE: DNN) today filed its Condensed Consolidated Financial Statements and Management's Discussion & Analysis ('MD&A') for the quarter ended March 31, 2022. Both documents will be available on the Company's website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided... Read more
One of the shallowest uranium intersections in the history of the Athabasca Basin Supports the potential for open-pit mining on Baselode's ACKIO AK22-038: 914 cps over 6.25 m at 35.85 m, including 2,057 cps over 1.75 m Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to provide an interim update regarding elevated radioactivity intersected near-surface in drill hole... Read more
enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) announced today the appointment of Mr. Peter Luthiger as Chief Operating Officer. Mr. Luthiger will be responsible for the commissioning and operation of the Rosita Uranium Processing Plant in South Texas. The Plant modernization and refurbishment is essential to the Company goal of becoming the next producer of American uranium. Mr.... Read more
BWX Technologies, Inc. (NYSE: BWXT) announced today that Jan A. Bertsch has been elected as its new chair of the board of directors, effective May 3, 2022, succeeding retiring board chairman John A. Fees. Bertsch has served as an independent director of BWXT since 2013, and she was most recently the chair of its audit and finance committee and a member of the compensation committee. She also serves on the board of... Read more
Highlights: Drill holes AK22-023 and AK22-032 returned 3 of the 4 strongest elevated radioactivity intersections on ACKIO Both drill holes have extended uranium mineralization 100 m to the southeast, increasing the overall strike length of continuous mineralization to greater than 350 m. ACKIO remains open and prospective to the southeast AK22-032: 1,730 cps over 11.1 m at 194.55 m (best radioactivity... Read more
Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") has filed the Company's Form 10-Q for the quarter ended March 31, 2022, with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml and with Canadian securities authorities at www.sedar.com. Ur-Energy CEO, John Cash said, "The first quarter of 2022 has been an exciting time for our industry with the long-term and spot... Read more
US Nuclear Corp. (OTC-QB: UCLE), a leading manufacturer of advanced radiation, chemical, and biological detection and smart UAV instrumentation, announced the annual results for the year ended December 31, 2021. 2021 Annual Highlights Total sales revenue of $2,137,607 compared to $1,752,976 the previous year, an increase of 21.9% Net loss (including stock-based transactions) of $1,876,684 as... Read more
FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to provide an update on the Feasibility Study work at its 100% owned PLS property in Canada's Athabasca Basin region. The Company has achieved multiple feasibility study milestones, including completion of field work for geotechnical, hydrogeological, and metallurgical purposes. Additionally, and of particular note, detailed engineering studies and... Read more
IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO) (OTCQX: ISENF) is pleased to provide an update on winter 2022 exploration activities on the 100% owned Larocque East, Geiger, Hawk and Ranger projects in the eastern Athabasca Basin (Figure 1). Larocque East hosts the Hurricane Zone ("Hurricane" or the "Project"), a high-grade uranium discovery located in the Eastern Athabasca Basin of Saskatchewan. Winter... Read more
Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to share the following operational update regarding the ongoing drilling and construction program at Lost Creek and to report progress on research and development ("R&D") activities. Lost Creek Mine Unit 2 Advance Preparations Update Well installation in Lost Creek's Header House (HH) 2-4 is expected to be complete this... Read more
Uranium Energy Corp (NYSE: UEC) (the "Company" or "UEC") is pleased to report that it has now secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U3O8, with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound. UEC's physical uranium program represents an unrealized gain of over $125 million based on... Read more
enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) announced today that the refurbishment of its 100% owned Rosita In-Situ Recovery (ISR) Uranium Processing Plant (Rosita Plant) is presently 90% complete with an expected completion date in May 2022. The Plant modernization and refurbishment is essential to the Company goal of becoming the next producer of American uranium. enCore is also... Read more
Energy Fuels recently made commercial shipments of uranium, vanadium & advanced rare earth materials – all in a single week Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company") is pleased to announce that during the week of April 4, the Company's White Mesa Mill located near Blanding, Utah (the "Mill") made three (3) commercial shipments of three (3) critical mineral products. During... Read more
Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that the winter drill program at its 100% owned Sun Dog Project (“Sun Dog” or “the Project”) has been successfully completed. Sun Dog is located at the northwestern edge of the Athabasca Basin, Saskatchewan, and is south of the first uranium mining camp in Canada, the... Read more
enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU), (OTCQB: ENCUF) is pleased to announce positive results from its on-going uranium delineation and exploration drill programs at its 100% owned Rosita South project. The Rosita South project is adjacent to enCore's licensed past-producing Rosita In-Situ Recovery (ISR) Uranium Processing Plant (Rosita Plant), Texas. The Rosita South area provides one of the... Read more
Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to provide details of a planned work program at its 100% owned Laguna Salada Uranium-Vanadium Project (“Laguna Salada” or the “Project”) located in Chubut Province, Argentina (Figure 1). Highlights Aggressive Exploration Program Planned for 2022 – Permitting and landholder... Read more
Company hits multiple feasibility study milestones FISSION URANIUM CORP. ("Fission" or "the Company") is pleased to announce that it has repaid the remaining ~US$7 million balance of its secured credit facility and is now completely debt and lien free. As of April 7, 2022, the Company holds approximately $40 million of cash and cash equivalents, and has no debt. Fission also continues to advance PLS - its... Read more
AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”; TSX.V: AAZ, OTCQB: AZURF) is pleased to announce it has signed a non-binding letter of intent (“LOI”), dated April 4, 2022, with Oberon Uranium Corp. (“Oberon”), an arms-length party, for a proposed transaction wherein Oberon would be granted an option to acquire the Escalera Group, a 100%-owned series of uranium-lithium exploration projects... Read more
This filing marks the largest S-K 1300 uranium resource reported in the United States combining the acquired Uranium One Americas, Inc.'s ("U1A") assets with UEC's Reno Creek Project. The Irigaray Processing Plant is the Hub central to seven satellite projects across the Powder River Basin and Great Divide Basin, four of which are fully permitted, including Reno Creek. Total Measured and Indicated Resources... Read more
Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to provide an update to the ongoing 20,000 metre diamond drilling program (the "Program") on the ACKIO high-grade uranium discovery ("ACKIO"), Hook project ("Hook"), Athabasca Basin area, northern Saskatchewan. "ACKIO continues to grow in size and impress us with results. Both AK22-18 and AK22-19 demonstrate the robust... Read more
Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) ("URC" or the "Company") is pleased to announce that it has acquired an additional 1% gross revenue royalty interest on the Lance In-Situ Recovery ("ISR") Uranium Mine in Wyoming, USA operated by Strata Energy Inc. ("Strata"), a wholly owned subsidiary of Peninsula Minerals Limited ("Peninsula"). Highlights Near-term production potential: The Lance ISR Uranium... Read more
AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF, FSE: A0U2) is pleased to announce that it has closed a non-brokered private placement with certain institutional investors for proceeds of C$5,101,000 (the “Offering”). In connection with closing of the Offering, the Company has issued 63,762,500 flow-through units (each, a “FT Unit”). Each FT Unit was... Read more
5,004m completed in 19 drill holes Alteration in K-Zone extends 1,200 meters Alteration in H-Zone extends 500 meters Assay results pending AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that the Winter 2022 exploration program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada, has been... Read more
Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE: DNN) is pleased to report the discovery of multiple new high-grade intercepts of unconformity-hosted uranium mineralization in the final three drill holes completed during the winter 2022 exploration program on the Waterfound River property ("Waterfound"). The results were highlighted by drill hole WF-68, which returned a broad... Read more
Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) ("URC" or the "Company") announces that it has made additional uranium concentrate purchase commitments totaling 200,000 lbs U3O8 at an average cost of US$58.40 per pound. Deliveries will be made in April/May 2022 to URC's storage account with Cameco Corporation in Ontario, Canada. The purchase will be funded with cash on hand and available... Read more
enCore Energy Corp. (“enCore” or the “Company”) (TSX-V: EU; OTCQB: ENCUF) is pleased to announce that it has closed its previously announced “bought deal” prospectus offering. The Company sold an aggregate of 19,607,842 units of the Company (the “Units”), which includes the exercise in full of the underwriters’ over-allotment option, at a price of $1.53 per Unit for aggregate gross proceeds to the... Read more
Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the year ended December 31, 2021, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “We achieved important milestones in our fuel development work in 2021 and continue to make excellent progress... Read more
Trench Metals Corp. (the “Company”) (TSXV:TMC), (FWB:33H2), (OTC:NVTQF) announces that the Company has completed its evaluation of its sampling and radiometric survey at the Gorilla Lake Uranium Project. The drill and sampling program produced a total of 65 samples which were analysed. Of those samples, 18 displayed strong radioactivity, over 1000 cps (counts per second), with a total of 63 samples measuring over... Read more
Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to announce the receipt of an exploration permit (the "Permit") from Saskatchewan's Ministry of Environment for an additional 50,000 metres of diamond drilling on the ACKIO high-grade uranium discovery ("ACKIO"), Hook project, Athabasca Basin area, northern Saskatchewan. The Company has approximately $20 million in cash... Read more
Toronto, Ontario--(Newsfile Corp. - March 18, 2022) - Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) (formerly, Mainstream Minerals Corporation) (the "Company") is pleased to announce receipt of approval from the OTC Markets Group to trade on the OTCQB® Venture Market (the "OTCQB"), effective March 18, 2022, under the symbol "CKEFF". The OTCQB quotation will increase the accessibility of the... Read more