T.CCO Announces $500 Million Debenture Offering by Private Placement

Cameco (TSX: CCO; NYSE: CCJ) announced today that it has priced a private placement of senior unsecured debentures (the “Offering”) consisting of $500 million principal amount of 4.94% Senior Unsecured Debentures, Series I maturing on May 24, 2031 (the “Series I Debentures”). The closing of the Offering is expected to take place on May 24, 2024. …

AI’s Critical Impact on Electricity and Energy Demand (T.U.UN)

The expansion of AI technologies and data centers is paving the way for a dramatic increase in electricity usage, presenting both obstacles and prospects for global energy networks. As AI technologies require more stable and substantial power sources, nuclear energy emerges as a prime candidate, offering sustainable, reliable energy that supports global clean energy goals. …

T.GLO Announces Q1 2024 Results

Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31, 2024.  For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion …

T.NXE Closes C$224 Million CDI Offering in Australia

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has closed its previously announced offering (the “Offering“) of 20,161,290 common shares, settled in the form of CHESS Depository Interests (“CDIs“), at a price of C$11.11 per share (based on the daily average exchange rate of A$1.00 = C$0.8963 published the Bank of Canada on April 29, …

T.CCO Announces Election of Directors

Cameco (TSX: CCO; NYSE: CCJ) has announced the election of eight board members at its annual meeting held on May 9, 2024. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Kathryn Jackson, Don Kayne, Dominique Minière and Leontine van Leeuwen-Atkins. The annual meeting also marked the retirement of Don Deranger and Jim …

T.NXE rises on US$250M uranium purchase

Shares of NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) rose on Thursday as the uranium developer inked an agreement with MMCap International to buy 2.7 million lb. of uranium concentrate. The deal is valued at US$250 million based on the metal’s five-day average spot price. MMCap International is a Grand Cayman-based fund with US$546 million in assets under …

Denison Reports Financial and Operational Results for Q1 2024

Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the quarter ended March 31, 2024. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should …

T.U.UN Announces First Quarter 2024 Results

Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the quarter ended March 31, 2024. Management commentary “Sprott’s AUM once again reached record highs during the quarter, driven by stronger gold and silver prices late in the period, offset somewhat by what we view as short-term weakness in uranium and …

T.NXE Announces Strategic Purchase of 2.7 Million Pounds of Uranium with Issuance of US$250 Million Convertible Debenture

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has entered into a binding term sheet with MMCap International Inc. SPC (“MMCap”) for the purchase (the “Purchase”) of 2,702,410 pounds natural uranium concentrate (“U3O8“) for an aggregate purchase price of US$250 million based on the five day average UxC spot price. In satisfaction …