Toronto, Ontario, September 14, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today confirmed that it has contracted crews and resources to commence drilling later this month at its 100% owned Henday Lake project located within the eastern margin of Saskatchewan’s Athabasca Basin. “With this year’s strengthening of the uranium …
September 14, 2021, Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the initial set of diamond drill results from its 2021 summer diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to …
A new uranium fund that’s snapping up supplies signals the start of a lasting bull run for the commodity used to power nuclear plants. That’s the view of Nick Piquard, a portfolio manager at Horizons ETFs, who expects prices to soar above $60 a pound in the coming months. That would be about 40% higher …
Summary Uranium is the critical commodity for nuclear energy production, and it is hot in the news recently. The market lives in a perpetual mining supply/utility demand imbalance and relies on non-conventional, secondary supply to survive. Recently Sprott Physical Trust entered the market and generated chaos with frenetic buy. With the proper government backing, the …
Investment funds are shaping the uranium spot market leading to an unprecedented level of demand. How those funds will affect the availability of secondary supplies of uranium to consumers remains to be seen, and the spot market should not be seen as a reliable source for significant purchases of uranium ore in the long term, …
Saskatoon, Saskatchewan, September 7, 2021 – UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce that it has closed its previously announced “bought deal” private placement of an aggregate of 72,950,000 units of the Company (the “Units”) at a price of C$0.29 per Unit for aggregate gross proceeds to the Company of C$21,155,500 (the …
Corpus Christi, Texas – September 7, 2021: enCore Energy Corp. (“enCore”) (TSXV: EU, OTCQB: ENCUF) and Azarga Uranium Corp. (“Azarga”) (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) whereby enCore will acquire all of the issued and outstanding common shares of Azarga …
KELOWNA, BC , Sept. 7, 2021 /CNW/ – FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce scintilometer results from the summer 2021 “metallurgical & geotechnical testwork” drilling on the R840W zone at its’ PLS project, in the Athabasca Basin region of Saskatchewan, Canada. Four metallurgical holes and three …
Saskatoon, SK, September 3, 2021 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that following the completion of drilling at its Geiger property, drilling has commenced at its 100% owned Larocque East project, home to the Hurricane zone high-grade uranium deposit. Tim Gabruch, President and Chief Executive Officer commented: …
Morgan Stanley is tipping a short-term (spot market) uranium price of $US48.50/lb in 2024, with long term contracts far higher. A fresh wave of optimism is washing across Australian uranium explorers as nuclear power stakes a claim in the drive to decarbonise the world, but a second wave of genuine demand from power utilities is …
