When shutting down the world isn’t enough to fight climate change: Why nuclear? Why now?

This is the third in a series of blogs from the Global Public Affairs webinar Nuclear Power: Part of Canada’s Energy Transition. If you want to learn more from some of Canada’s top nuclear experts, don’t miss the previous blog in this series: What are SMRs? And what is their role in decarbonization and electrification? …

T.GLO Announces Closing of C$12.5 Million “Bought Deal” Private Placement

Global Atomic Corporation (” Global Atomic ” or the ” Company “) (TSX: GLO) (FRANKFURT: G12) (OTCQX: GLATF) is pleased to announce that it has closed its previously announced “Bought Deal” private placement, including full exercise of the over-allotment option, for gross proceeds of C$12,500,000 (the ” Offering “). Under the Offering, the Company sold 6,250,000 units of the Company (the ” Units “) at …

T.NXE announces exercise of $22.5million over-allotment option in connection with recently completed bough deal financing

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that the Underwriters (as defined below) have exercised their over-allotment option (the “Over-Allotment Option”), in full, to purchase an additional 5,010,000 common shares in the capital of the Company (the “Common Shares”) at a price of $4.50 per Common Share, in connection with the …

U.UEC Establishes Physical Uranium Initiative and Provides Balance Sheet Update

Highlights and Balance Sheet Update as of March 15, 2021: $65.8 million in cash and equity holdings; Establishing a physical uranium inventory to take advantage of spot purchases below most industry production costs, adding additional asset value to the balance sheet; Uranium inventory will provide greater marketing flexibility for utilities, while freeing up UEC’s domestic …

Uranium companies announce strategic purchase plans

Uranium companies have separately announced plans to make strategic purchases of physical uranium. Denison is aiming to buy about 2.5 million pounds U3O8 (962 tU) through the spot market as a long-term investment, while Uranium Energy Corp (UEC) has entered into agreements to purchase 400,000 pounds. UK-based Yellow Cake plc has also announced further purchase …

Kepco starts injecting fuel rods into UAE’s second nuclear reactor

South Korea’s state-run utility Korea Electric Power Corp. (Kepco) said Monday it has started a process to insert fuel rods into the second reactor in the Barakah nuclear plant of the United Arab Emirates (UAE). Kepco and the Emirates Nuclear Energy Corp. (ENEC) said they kicked off the process starting last week. South Korea completed …

T.DML Announces Funding of Project Finance Initiative Involving Strategic Acquisition of Physical Uranium

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation (“CFCC”), as lead underwriter and sole book-runner, on behalf of themselves and a syndicate of underwriters (collectively with CFCC, the “Underwriters”), under which the Underwriters have agreed …