The French creditor that forced uranium miner Paladin Energy into administration is now threatening to torpedo its recapitalisation. Creditors of the collapsed miner yesterday voted in favour of a restructure proposal put forward by unsecured bondholders that would have the company continue operating as a going concern and be reinstated to the Australian Securities Exchange. …
TORONTO, ONTARIO–(Marketwired – Dec. 7, 2017) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at November 30, 2017 was CAD$478.5 million or CAD$3.61 per share. As at November 30, 2017, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that the Company has increased its interest in the Christie Lake Project to 45%. UEX has completed the required $1 million property payment to JCU (Canada) Exploration Company Limited (“JCU”) and its 2017 exploration work commitments under the Christie Lake Option Agreement prior to …
Toronto, Ontario, December 6, 2017 – Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) is pleased to announce the closing of the final tranche of the previously announced non-brokered private placement for aggregate gross proceeds of $680,000. In connection with the final tranche closing, the Company issued 6,800,000 flow-through units at a price of $0.10 …
Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the results from its 2017 summer/fall diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approx. 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. Drill hole …
AZARGA URANIUM CORP. (TSX:AZZ) (“Azarga Uranium” or the “Company”) announces that Blake Steele has been appointed as the Company’s President and Chief Executive Officer and that Richard Clement has resigned as the Interim Chief Executive Officer. Mr. Steele has been with the Company for over three years and was formerly the Chief Financial Officer and …
AZARGA URANIUM CORP. (TSX:AZZ) (“Azarga Uranium” or the “Company”) announces that Blake Steele has been appointed as the Company’s President and Chief Executive Officer and that Richard Clement has resigned as the Interim Chief Executive Officer. Mr. Steele has been with the Company for over three years and was formerly the Chief Financial Officer and Corporate …
(Reuters) – Shares of uranium producers surged in early trading on Monday after Kazakhstan’s uranium output cut spurred expectations the move would help clear a glut that has roiled the global markets since the Fukushima meltdown in 2011. U.S.-listed shares of Canadian uranium miner Cameco Corp rose nearly 18 percent to a high of $11.17, …
Further to GoviEx Uranium Inc.’s news release on Nov. 21, 2017, it has filed the “NI 43-101 Technical Report on a Preliminary Economic Assessment of the Mutanga Uranium Project in Zambia”, dated Nov. 30, 2017. The PEA was prepared by qualified persons from SRK Consulting (UK) Ltd. and is available under the company’s profile on …
JOHANNESBURG (miningweekly.com) – Following shareholder approval announced on Thursday, uranium project developer Berkeley Energia has completed a strategic investment of up to $120-million with the sovereign wealth fund of the Sultanate of Oman, which means that Berkeley can now bring the Spain-based Salamanca uranium mine into production. The ASX- and Aim-listed miner noted that all precedent conditions had been met and that …