Slow demand growth and stockpiles will hinder sector growth, although the uranium price will still rise in the medium term. UK broker Liberum has sounded a note of caution about the future supply-demand balance in the uranium market. In a detailed 11-page research note Liberum set out its case that although demand for uranium from …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”), through its 100%-owned subsidiary, CoEX Metals Corporation (“CoEX”) is pleased to announce the maiden mineral resource estimate for the West Bear Co-Ni Deposit, located on the Company’s 100% owned West Bear Property. The maiden mineral resource estimate was completed by SRK Consulting (Canada) Inc. in accordance with Canadian …
Yellow Cake, a specialist company operating in the uranium sector with a view to hold long term physical uranium ( “U3O8“), is pleased to announce that following the placing and subscription of approximately 76 million ordinary shares (the “Offering”) and admission to the AIM market of the London Stock Exchange (the “Admission” together with the …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report assay results for all fifty-four holes from our recently concluded winter drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Assays have confirmed uranium mineralization was intersected in areas representing significant step outs to the northeast and northwest …
The board of uranium explorer Vimy Resources has given its members a haircut and slashed executive pay just months after wrapping up a feasibility study on the company’s flagship Mulga Rock project, 240km north-west of Kalgoorlie-Boulder. Non-executive directors will take a 10 per cent pay cut from this financial year. Meanwhile executive remuneration could also …
The Bacchus Securities-based pure uranium play raised £150 million (US$200 million) in its float on AIM this week. The pitch to investors is there is only upside in the energy mineral price now with major producers like Cameco cutting production to improve their margins, which have been slim-to-negative for several years. Yellow Cake has managed …
The uranium trader is using the money raised to buy up 8.1mln pounds of the radioactive metal, which it believes is “fundamentally mispriced” Uranium trader Yellow Cake PLC (LON:YCA) has made its debut on AIM this morning (Thursday July 5). Yellow Cake – a nickname for uranium – is backed by Bacchus Capital, the corporate finance boutique …
AZARGA URANIUM CORP. (TSX:AZZ, FRA: P8AA, OTCMKTS: PWURF) (“Azarga Uranium”) and URZ ENERGY CORP. (TSX-V: URZ, OTCQB: URZZF) (“URZ Energy”) are pleased to announce the completion of the previously announced merger between the two companies. Azarga Uranium has acquired all of the issued and outstanding shares of URZ Energy for consideration of 2.0 Azarga Uranium …
Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company“)(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF), a lithium and uranium exploration and development company, is pleased to announce continued strong results from four recently completed vertical and one inclined diamond drill holes from Platform 10, Platform 25 and Platform 6, located up to 1 km north of previously announced drilling and …
EXCLUSIVE TO SIGHTLINEU3O8 – We continue to look at the corporate variables and attributes important to investors along the lines of Management, Projects, and Financial Stability. This month we have compiled and presented data surrounding management compensation. The companies we include operate at a variety of stages, in a variety of jurisdictions, and utilize a variety of …
