T.FCU Announces $8 Million Bought Deal Financing

FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and SCP Resource Finance on behalf of a syndicate of underwriters (collectively, the ” Underwriters “), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 6,722,689 flow-through common shares of the Company (the …

Hot testing starts of second CGN Hualong One unit

Tests that simulate the temperatures and pressures which the reactor systems will be subjected to during normal operation have begun at unit 4 of the Fangchenggang nuclear power plant in China’s Guangxi Autonomous Region. The unit is the second of two demonstration China General Nuclear-designed Hualong One (HPR1000) reactors at the site. Hot functional tests …

Nuclear groups propose ‘stepwise’ approach to increased regulatory efficiency

A new joint report from World Nuclear Association, the Nuclear Energy Institute and the Canadian Nuclear Association proposes regulatory steps which can be taken to minimise the time and cost for large-scale deployment of a fleet of standardised reactor designs that are acceptable in multiple countries around the world. The report, A Framework for International Regulatory …

T.NXE Closes US$110 Million Strategic Convertible Debenture Financing

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering“) of US$110 million aggregate principal amount of unsecured convertible debentures (the “Debentures“) with Queen’s Road Capital Investment Ltd. (“QRC“) and Washington H Soul Pattinson and Company Limited (“WHSP“). NexGen currently has …

Environmental permit granted for first Polish plant

Poland’s General Director for Environmental Protection (GDOŚ) has issued to Polskie Elektrownie Jadrowe (PEJ) its decision on the environmental conditions for the construction of a nuclear power plant in the province of Pomerania. PEJ, the Polish government company that is progressing its policy to deploy up to six reactors at multiple sites in the country …

Italian government begins discussions on clean nuclear power

The Italian government has launched the National Platform for Sustainable Nuclear Power, which will lead within nine months to developing guidelines for possibly reintroducing nuclear power among national energy sources. Thursday (21 September) saw the first meeting of the National Platform for a Sustainable Nuclear, set up by the government to define a time frame …

Why uranium prices are soaring

Conflicts and resurgent demand combine to radioactive effect When russia invaded Ukraine, panic gripped Europe’s nuclear experts—the civilian variety, that is. Ukraine, where 15 reactors relied on Russia for their uranium, rushed to sign an unusually long 12-year deal with Canada. European utilities, also reliant on Russia, drew the maximum they could under other contracts. Most …