UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the results of the summer drilling program in the Shoreline area at the Christie Lake Project. The summer program’s main goal was to test the unconformity intersection of the Yalowega Trend in the 350 m wide gap in drilling between the Ken Pen Deposit …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed the previously announced transaction (the “Transaction”) with Cameco Corporation (“Cameco”), whereby Denison has acquired all of Cameco’s minority interest in the Wheeler River Uranium Project (“Wheeler River” or the “Project”). Denison now holds a 90% …
ValOre Metals Corporation (TSX-V: VO) (“ValOre” or the “Company”) announces that it intends to proceed with a rights offering (the “Rights Offering”). The full amount of the Rights Offering is expected to be C$2.45 million, and a standby guarantee, to be provided by Mr. James Paterson (the “Lender”), the Chief Executive Officer, a director and …
Ur‐Energy Inc. (NYSE American:URG) (TSX: URE) (“Ur‐Energy” or the “Company”) has filed the Company’s Form 10‐Q for the quarter ended September 30, 2018, with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml and Canadian securities authorities on SEDAR at www.sedar.com. Ur-Energy Chair and CEO, Jeffrey Klenda said, “Our strategy to limit development and supplement production with cost effective purchases …
Cameco (TSX: CCO; NYSE: CCJ) received notification that the Canada Revenue Agency (CRA) has filed an appeal with the Federal Court of Appeal regarding the Tax Court of Canada (Tax Court) decision of September 26, 2018 which found in favour of Cameco for tax years 2003, 2005 and 2006. “We are disappointed that the CRA …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to provide the following updates on activities at the Company’s La Sal Complex of uranium/vanadium mines, in addition to recent positive federal government actions that affect the Company’s projects. Initial Results of Test-Mining Program Targeting Vanadium at La Sal Complex …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX.V: PTU) today announced its plans for the Hook Lake drill program scheduled to commence this winter. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. “In consultation with our …
Kazakhstan plans to produce a total of 21,600 mt of uranium in 2018, a decrease of almost 20% compared with the previously forecast 27,000 mt, Riaz Rizvi, Kazatomprom’s chief commercial officer said in an interview. Rizvi said the company also planned to implement similar production cuts of around 20% in 2019 and 2020. Kazatomprom has …
Listing in London is an “obvious choice”, senior executives from Kazatomprom, the world’s largest uranium producer, have said. Galymzhan Pirmatov, chief executive of the company which produces a fifth of the world’s uranium, told City A.M. it is pursuing a mid-November double listing in London and Kazakh capital Astana. He added: “To us London was an obvious …
The initial public offering of the world’s largest oil producer Saudi Aramco may be on the back burner, but the IPO of its uranium-market equivalent is full steam ahead. Kazatomprom, the world’s No. 1 producer of the nuclear fuel, on Monday said it would list as much as 25 percent of its equity in London and the …