V.PTU Announces Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) announced a non-brokered private placement (the “Private Placement”) of up to 9,230,770  flow-through units (the “Flow-Through Units”) at a price of $0.065 per unit for aggregate gross proceeds up to $600,000.00.  Each Flow-Through Unit consists of one common share in the capital of the Company to be …

Tohoku reactor restart: What is the state of Japan’s nuclear policy?

In late November, the Nuclear Regulation Authority (NRA) gave the green light for restarting the No. 2 reactor at Tohoku Electric Power Co.’s Onagawa plant in Miyagi Prefecture, which had been damaged in the March 11, 2011, earthquake and tsunami. The announcement once again put the spotlight on the country’s nuclear power policy, not only …

Third-generation Nuclear Reactors Put into Operation in South Korea

The completion ceremony for the third and fourth units of the Shin-Kori Nuclear Power Plant was held on Dec. 6. The third-generation nuclear power plants have been put into commercial operation ahead of those of the United States and Europe to prove the excellence of South Korea’s nuclear power generation technology. The operation is very …

V.URC Closes $30 million IPO and announces listing on the TSX Venture Exchange

Uranium Royalty Corp. (TSX-V: URC) (“URC” or the “Company”) is pleased to announce that it has completed its oversubscribed and upsized initial public offering (the “IPO”) and listing on the TSX Venture Exchange (“TSX-V”). The IPO consisted of the issuance of 20,000,000 units of the Company (the “Units”) at a price of $1.50 per Unit …

Franco-Uzbek uranium mining JV launched

Orano has formally established a joint venture company with Uzbekistan’s State Committee on Geological and Mineral Resources (GosComGeology). The new company, Nurlikum Mining, will conduct mineral exploration and mining activities in the Central Asian country. Formed at a general meeting in Tashkent on 2 December, Nurlikum Mining is part of a strategic partnership agreed between Orano and …

At 50, Europe’s oldest nuclear plant not ready to retire

Europe’s oldest functioning nuclear reactor, at Switzerland’s Beznau plant, will turn 50 next week — a lifespan deemed dangerously long by environmentalists who are demanding that it be shut down immediately. Commercial operation began at the plant in the northern canton of Aargau, near the German border, on December 9, 1969 — back when The …

T.DML Completes CAD$4.7 Million Bought Deal Private Placement of Flow-Through Shares

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX; DNN: NYSE American) is pleased to announce that it has completed its previously announced private placement offering of common shares issued on a “flow-through” basis pursuant to the Income Tax Act (Canada) (“Flow-Through Shares”). The communities are all within proximity (Map 1) to the 100% owned, Rook …

Trump Panel Urges U.S. to Buy More Uranium From American Miners

A White House task force is recommending that President Donald Trump direct the federal government buy more uranium from domestic producers, according to two people familiar with the matter. The purchase of uranium by the U.S. Defense Department is among the recommendations being made by the U.S. Nuclear Fuel Working Group, comprised of cabinet level …

T.NXE signs four study agreements with local communities

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report a new milestone in its Environmental Assessment process. NexGen has successfully entered into Study Agreements with four local communities within the project area. The communities are all within proximity (Map 1) to the 100% owned, Rook I Project in the Athabasca Basin, Saskatchewan, …