U.UEC and T.UEX Agree to Amendment to the Arrangement Agreement; Special Meeting of T.UEX Securityholders will Remain on Monday, August 15, 2022

Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) and UEX Corporation (TSX:UEX, “UEX”) are pleased to announce that they have entered into a further amending agreement (the “Amending Agreement”) to the previously announced arrangement agreement dated June 13, 2022, as amended June 23, 2022 and August 5, 2022, among UEX, UEC and UEC …

TerraPower Announces $750 Million Secured in Fundraise

TerraPower undertakes a large private capital fundraise in support of advanced nuclear deployment. TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million. This is one of the largest advanced nuclear fundraises to-date.   The fundraise was co-led by SK Inc. and SK Innovation (collectively, …

House Passes Landmark Clean Energy Bill, Emphasizing Nuclear’s Importance

In a historic vote, the House passed the Inflation Reduction Act (IRA), including the vital provisions for clean energy sources like nuclear. The bill now heads to President Biden’s desk to be signed into law. The following statement can be attributed to Maria Korsnick, president and chief executive officer at the Nuclear Energy Institute: “Today’s House vote …

U.UEC Achieves Milestone with Filing S-K 1300 Technical Report Summary Disclosing Resources for Its South Texas Hub & Spoke ISR Project

This latest S-K 1300 report marks an important milestone, reconfirming UEC’s position as America’s leading ISR uranium company with South Texas and Wyoming Hub & Spoke platforms containing 12 satellite projects, 7 of which are fully licensed, and over 71,000,000 lbs of Measured and Indicated resources and 17,000,000 lbs of Inferred resources Total South Texas …

New Japan Energy Chief Says More Nuclear Needed to Avoid Crunch

More nuclear reactors must be restarted for Japan to ensure stable power supply for next summer and beyond, according to the nation’s newly appointed trade minister. “Beyond next summer, it’s important to keep restarting new nuclear power plants,” Yasutoshi Nishimura told reporters in Tokyo on Friday. “The government will work with operators to make sure …

T.GLO Concludes Negotiations With the Government of Niger

Forms Dasa Project Operating Company and appoints Board of Directors and Senior Management Global Atomic Corporation (“Global Atomic” or the “Company”, TSX:GLO; OTCQX:GLATF; Frankfurt:G12), is pleased to announce the incorporation of Société Minière DASA S.A. or “SOMIDA”, the Company’s Niger mining subsidiary under which the Dasa Uranium Project will operate.  SOMIDA will be governed by a …

T.GLO Announces Q2 2022 Results

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the three and six months ended June 30, 2022. HIGHLIGHTS Dasa Uranium Project In Q4 2021, the Company began a 15,000-meter drill program at the Dasa Project with three objectives: Conduct infill drilling …

Nuclear energy could make a comeback under Democrats’ new bill

Senior Nuclear Engineer Randall Granaas takes a radiation reading at the ISFSI at the shuttered San Onofre Nuclear Generating Station in California on April 21, 2022. (Photo by Paul Bersebach/MediaNews Group/Orange County Register via Getty Images) Constrained by the capacity limits of renewable energy and ambitions to reduce reliance on fossil fuels, nuclear energy is …