T.AZZ Closes $1.14 Million Private Placement

GREENWOOD VILLAGE, COLORADO–(Marketwired – July 28, 2017) – AZARGA URANIUM CORP. (TSX:AZZ)(FRANKFURT:P8AA)(OTC PINK:PWURF) (“Azarga Uranium” or the “Company”) has closed a non-brokered private placement of $1.14 million through the issuance of 4,391,938 units (each, a “Unit”) at a price of $0.26 per Unit (the “Financing”). Each Unit consists of one common share of the Company (each, a …

Areva says state subscribed to 2.5 billion euro capital increase for NewCo

PARIS (Reuters) – The French state has fully subscribed to a 2.5 billion euro ($2.92 billion) capital increase of nuclear fuel group Areva NewCo, completing one of the last stages of a complex state-funded restructuring of the company, Areva said on Thursday. Areva (AREVA.PA) said that the 500 million euros that Japanese companies Mitsubishi Heavy …

Madaouela Uranium Project

Madaouela is an advanced-stage uranium project being developed near Arlit in north-central Niger. The project is located within the most significant sandstone-hosted uranium deposits in the world. Environmental and social impact assessment (ESIA) of the Madaouela project was completed in March 2015. The Niger Government granted a mining permit for the Madaouela I tenement area in February …

Uranium ETFs Merit Near-Term Caution

Big gains in short time frames can be seductive. Just look at the Global X Uranium ETF (NYSEArca: URA), which tracks uranium miners. The go-to uranium ETF is up nearly 16% over the past month, but some market observers believe the uranium and nuclear industries do not have a friend in the Trump Administration. Earlier this year, …

V.KIV: KIVALLIQ STARTS EXPLORATION AT BAFFIN GOLD PROPERTY, NUNAVUT

VANCOUVER, BC – Kivalliq Energy Corporation (TSX-V: KIV) (“Kivalliq”) today announced the start of a summer exploration program at the Baffin Gold Property in Nunavut Territory, Canada. Kivalliq will also be visiting the Qikiqtani Region to update the communities of Clyde River and Qikiqtarjuaq, located 260 kilometres and 360 kilometres from the Baffin Gold Property …

Uranium Markets Are Moving Into A Deficit And The World Is Still Building New Nuclear Power Plants

Uranium is still the anchor energy source for a stable base load in the world. The 2017 Uranium report has confirmed that uranium production is in a deficit and with energy consumption that is rising every year through e-mobility and Japanese reactors, there are companies that must fill the gap. UEC and Fission are 2 …

V.PTU: Outlines Drill Targets at Umfreville Project in Northern Saskatchewan

Purepoint Uranium Group Inc. has released the results of a ground gravity survey conducted at its 100-per-cent-owned Umfreville project in the northeastern area of Canada’s Athabasca basin in Northern Saskatchewan. “We believe that newly identified gravity lows represent areas of hydrothermal alteration that are associated with previously interpreted faulting and a strong uranium-in-soil anomaly,” said …

Anfield Resources Inc. Announces Closing of $3.1 Million Private Placement

VANCOUVER, BC–(Marketwired – July 17, 2017) – Anfield Resources Inc. (TSX VENTURE: ARY) (FRANKFURT: 0AD) (OTCQB: ANLDF)(“Anfield” or “the Company”) wishes to announce that it has received conditional acceptance from the TSXV for 52,124,349 Units at $0.06, for a total equity raise of $3,127,461. The Units consist of one common share and a one share purchase warrant, with each warrant exercisable …

Ur-Energy Provides 2017 Q2 Operational Results

LITTLETON, Colo., July 13, 2017 /CNW/ — Ur-Energy Inc. (NYSE MKT:URG, TSX:URE) (the “Company” or “Ur-Energy”) is pleased to provide the following operational results for second quarter 2017. Highlights Lost Creek Operations Units 2017 Q1 2017 Q2 2017 YTD U3O8 Captured (‘000 lbs) 79.3 65.3 144.6 U3O8 Dried & Drummed (‘000 lbs) 74.4 70.8 145.2 U3O8 Sold (produced) (‘000 lbs) 50.0 …