GoviEx receives expressions of interest from project lenders for Niger uranium project

JOHANNESBURG  – TSX-V-listed GoviEx Uranium has received expressions of interest from export credit agencies and project finance banks to arrange $220-million of senior debt financing for the construction of the Madaouela uranium project, in Niger. This followed the earlier appointment of Medea Capital Partners as project debt adviser and is in line with the Africa-focused exploration and development company’s four-step strategy to …

China National Nuclear, Shenhua team up to develop gen-4 reactor

SHANGHAI (Reuters) – The China National Nuclear Corp (CNNC) has signed an agreement with the Shenhua Group, China’s biggest coal producer, to promote the development of advanced “traveling wave” reactor technology, the state nuclear giant said. At a ceremony on Tuesday, the two sides signed an investment agreement to promote fourth-generation traveling wave reactors (TWR), …

World Nuclear Association welcomes Akkuyu construction

The World Nuclear Association has welcomed the start of general construction work at the site of the planned Akkuyu nuclear power plant, following confirmation by Alexey Likhachov, director-general of the Russian state nuclear corporation Rosatom. Speaking to journalists last week at the 61st regular session of the International Atomic Energy Agency General Conference in Vienna, …

T.U: Announces an Increased Size of the Previously Announced Financing

TORONTO, ONTARIO–(Marketwired – Sept. 25, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Uranium Participation Corporation (TSX:U) (the “Company”) has agreed with a syndicate of underwriters led by Cormark Securities Inc. and Cantor …