Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) is pleased to announce the closing of its non-brokered private placement (the “Private Placement”) previously announced on December 12, 2018. The Private Placement was oversubscribed for aggregate gross proceeds of $877,930. In connection with the Private Placement, the Company issued 9,754,778 flow-through units (“Flow-Through Units”) …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt:SC1P) (the “Company”) announces that it’s option partner, Azincourt Energy Corp. (“Azincourt”) has provided an update regarding its winter work program at the East Preston uranium project located in the southwestern Athabasca Basin, Saskatchewan, Canada. Azincourt has engaged Geotech Ltd to conduct a helicopter-borne Versatile Time-Domain Electromagnetic (VTEM™ Max) and …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX: PTU.V) announced today that the proposed 2019 Hook Lake JV exploration program with a budgeted cost of $3,000,000 has been approved by the JV partners. Situated within the Patterson Uranium District, the Hook Lake JV is a project owned jointly by Cameco Corp. (39.5%), Orano Canada …
Exclusive to SightlineU3O8: Something odd began to occur in September of this year. For the first time in over a decade, the share price of uranium equities began to fall while the Spot price of uranium continued to rise. The last time this happened, the Spot price was running up over US$100/lb and the equity …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels”) and Ur-Energy Inc. (NYSE American: URG; TSX: URE) (“Ur-Energy”) recently hosted a team of U.S. Department of Commerce (DOC) Section 232 investigators at four uranium mines and mills in Utah and Wyoming. The tour was part of DOC’s Section 232 investigation into the effects on …
Cameco (TSX:CCO)(NYSE:CCJ) can never catch a break. The beleaguered uranium miner has been stuck on a cliff over the past few years, as depressed uranium demand and a glut in the supply of uranium that is available on the market continue to keep both demand and prices at lows. Uranium is the primary fuel used …
Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company”)(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF) is pleased to announce new drill results from Falchani West drilling. Link to: Figure 1 Falchani Project Drill Plan Location Map 23 m of 4,412 ppm Li (0.95% Li2O) from 306 to 329 m downhole (18.8 m true thickness) in lower breccia unit within longest intersection of …
BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about 15% of its stock on Kazakhstan’s new Astana Stock Exchange (AIX) and U.S. dollar-denominated global depository receipts (GDRs) on the London Stock Exchange. Kazakhstan’s sovereign …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to announce it is the recipient of the 2019 Environmental & Social Responsibility Award given by the Prospectors & Developers Association of Canada (“PDAC”), the leading voice of the mineral exploration and development community. The PDAC Environmental & Social Responsibility award …
Highlights: Measured in-situ recovery (“ISR”) resource increases to 13.78 million pounds U3O8from 4.12 million pounds U3O8 (234% increase) Measured and Indicated ISR resources increase to 16.94 million pounds U3O8 from 8.58 million pounds U3O8 (97% increase) Updated mineral resource estimate falls within the existing Nuclear Regulatory Commission License boundary Larger and more contiguous resource likely to achieve improved …