Move prompted by the mounting economic war with Russia marks the first departure from a two-decade policy to abandon nuclear energy Germany plans to postpone the closure of the country’s last three nuclear power plants as it braces for a possible shortage of energy this winter after Russia throttled gas supplies to the country, said …
Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today provided an update on the broad array of geophysical programs underway this summer. This week the company commenced a helicopter-borne versatile time domain electromagnetic (VTEM) survey across four of its projects, collectively referred to as the Tabbernor Block, all of which lie on the …
UEX Corporation (TSX:UEX, OTCQB:UEXCF) (“UEX” or the “Company”) is pleased to confirm that securityholders of UEX approved, at the special meeting of UEX securityholders held earlier today (the “Meeting”), the special resolution (the “Arrangement Resolution”) in respect of a statutory plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act (the “CBCA”) pursuant to which UEC 2022 …
President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months of this …
Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) and UEX Corporation (TSX:UEX, “UEX”) are pleased to announce that they have entered into a further amending agreement (the “Amending Agreement”) to the previously announced arrangement agreement dated June 13, 2022, as amended June 23, 2022 and August 5, 2022, among UEX, UEC and UEC …
TerraPower undertakes a large private capital fundraise in support of advanced nuclear deployment. TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million. This is one of the largest advanced nuclear fundraises to-date. The fundraise was co-led by SK Inc. and SK Innovation (collectively, …
Aerial view of the Diablo Canyon, the only operational nuclear plant left in California, viewed in these aerial photos taken on December 1, 2021, near Avila Beach, California. Set on 1,000 acres of scenic coastal property just north and west of Avila Beach, the controversial power plant operated by Pacific Gas & Electric (PG&E) was …
UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce that it has entered into a further amendment (the “Amended UEC Agreement”) to the arrangement agreement dated June 13, 2022, as amended June 23, 2022 and August 5, 2022 among Uranium Energy Corp. (“UEC”), UEC 2022 Acquisition Corp. (the “Purchaser”) and UEX (the “UEC Agreement”). …
In a historic vote, the House passed the Inflation Reduction Act (IRA), including the vital provisions for clean energy sources like nuclear. The bill now heads to President Biden’s desk to be signed into law. The following statement can be attributed to Maria Korsnick, president and chief executive officer at the Nuclear Energy Institute: “Today’s House vote …
This latest S-K 1300 report marks an important milestone, reconfirming UEC’s position as America’s leading ISR uranium company with South Texas and Wyoming Hub & Spoke platforms containing 12 satellite projects, 7 of which are fully licensed, and over 71,000,000 lbs of Measured and Indicated resources and 17,000,000 lbs of Inferred resources Total South Texas …