China is expected to further expand its installed nuclear power capacity during the 2022-25 period as the country goes full speed ahead with its green energy transition, eyeing carbon neutrality by 2060, said an industry group. Prompted by the goal of peaking carbon emissions and achieving carbon neutrality, China is expected to approve six to …
Denison’s Latest Non-Binding Offer Equates to 20% Dilution to Denison shareholders on a Fully Diluted Basis UEC’s Accepted Offer Equates to Only 15% Dilution to UEC Shareholders on a Fully Diluted Basis There is Overwhelming Support from UEX Shareholders for the UEC Offer Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) announces that …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) has made a further proposal (an “Acquisition Proposal”) to acquire all of the issued and outstanding shares of UEX Corporation (“UEX”). Under the terms of the Acquisition Proposal, UEX shareholders would receive 0.32 shares of Denison in exchange for each share of UEX held, …
Dow and X-energy announced that they have signed a letter of intent which will help Dow advance its carbon emissions reduction goals through the development and deployment of X-energy’s advanced small modular nuclear technology in the U.S. Dow and X-energy collaborate on intent to provide process heat and power at one of Dow’s U.S. Gulf …
UEX Corporation (TSX:UEX) (“UEX” or the “Company”) announces that the Board of Directors of the Company (the “Board”) has unanimously determined, after consultation with its financial and legal advisors, that the unsolicited non-binding proposal that was received by the Company from Denison Mines Corp. (“Denison”) on August 8, 2022 (the “Denison Offer”) for the acquisition of …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has received a License to Possess, Use, Store and Transfer a Nuclear Substance (“Nuclear Substance License”) from the Canadian Nuclear Safety Commission (“CNSC”) for the In-Situ Recovery (“ISR”) Feasibility Field Test (“FFT”) planned for the Phoenix uranium deposit at the Company’s 95% owned Wheeler …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) announces that its confidential offer to acquire UEX Corporation (“UEX”) dated July 22, 2022 (the “Acquisition Proposal”) has expired. View PDF version Despite Denison’s Acquisition Proposal representing a premium to the 10-day and 20-day volume weighted average price implied by both the original agreement between UEX and Uranium Energy …
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 an amending agreement (the “Amending Agreement”) to the previously announced arrangement agreement dated June 13, 2022, as amended June 23, 2022, among UEX, UEC and the UEC 2022 Acquisition Corp., pursuant …
The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen. The Senate approved the Inflation Reduction Act on a party-line vote Sunday, sending the bill to the House of Representatives for a scheduled vote on Friday. …
Maintenance and repair activities have been completed in the turbine island of the Olkiluoto 3 EPR plant unit. Test production phase continues at 60 percent power level. At OL3 the sixty-percent power level equals an output of about 850 megawatt (MW). The nominal output rating of the Olkiluoto 1 and Olkiluoto 2 plant units is …
