Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the year ended December 31, 2023. Management commentary “In 2023, Sprott’s Assets Under Management (“AUM”) increased by $5.3 billion (23%) to $28.7 billion driven largely by strong uranium prices and inflows to our exchange listed products. Much of this growth came …
2023 drilling campaign included 13 holes for infill and extension at the Huarabagoo uranium deposit. High grade uranium intercepts include: HB23DD002 – 1.5m @ 1,448ppm (0.14%) U3O8 from 74.5m HB23DD004 – 19m @ 519ppm U3O8 from 47m Including 2.00m @ 1,690ppm (0.17%) U3O8 from 53m HB23DD005 – 6m @ 682ppm (0.07%) U3O8 from 50m …
Key Takeaways The resurgence in uranium markets continued into January, with the U3O8 uranium spot price gaining 10.96%, climbing from US$91.09 to $101.08 per pound, marking a crucial milestone. Kazatomprom’s announcement that it would not meet 2024 production increases was the biggest catalyst for the upward trend. The company cut its guidance for 2024 production …
FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has closed its previously announced “bought deal” public offering consisting of 63,560,000 common shares of the Company (the ” Common Shares “) at a price of C$1.18 per Common Share for gross proceeds of C$75,000,800 (the ” Offering “). Canaccord Genuity Corp. and SCP Resources Finance LP acted as co-lead underwriters on …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has closed its previously announced “bought deal” brokered private placement announced on January 18, 2024, pursuant to which the Company sold 3,680,000 federal flow-through common shares of the Company (the “Premium FT Shares”) at an offer price of C$6.25 per …
2023 Drilling campaign included 15 holes at Long Pocket and 3 holes at Black Hills uranium prospects. All Black Hills exploration drill holes return significant mineralisation: BH23DD001 – 3.0m @ 259ppm U3O8 from 29m depth BH23DD001 – 6.05m @ 218ppm U3O8 from 120.12m depth Including 0.98m@ 505ppm U3O8 from 120.12m BH23DD002 – 2.0m @ 591 ppm (0.06%) U3O8 from 209m Including 0.9m @ 1154ppm U3O8 from 210.1m BH23DD003 – 3.0m @ 1844ppm (0.18%) U3O8 from 88m Including 2.00m @ 2671ppm (0.27%) U3O8 from 89m Assay results …
Cameco announces 2023 results; strategically positioned to increase tier-one production as security of supply contracting cycle advances; maintaining disciplined financial management and growth; improving Westinghouse outlook Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2023, in accordance with International Financial Reporting Standards …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today drilling has commenced at the Hook Lake Project. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%). The Project lies on the southwestern edge of Canada’s Athabasca Basin and is adjacent to, and on …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announces the commencement of a 30,000-meter exploration drill program that will test priority targets on NexGen’s 100% owned properties that dominate the boundary of the proven high-grade uranium district of the southwest Athabasca Basin. The Company’s 2024 program builds on 2023 exploration results, which advanced the geological …
FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and SCP Resource Finance LP (the ” Co-Lead Underwriters “), on behalf of a syndicate of underwriters (collectively with the Co-Lead Underwriters, the ” Underwriters “), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” …
