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UR-ENERGY ANNOUNCES DELAY FILING YEAR-END REPORTING DOCUMENTS
Prnewswire· 2025-03-31 23:03
Core Viewpoint - Ur-Energy Inc. has announced a delay in filing its annual financial statements for the year ended December 31, 2024, due to an accounting issue related to stock options [1][2]. Group 1: Financial Reporting and Compliance - The delay in filing is attributed to the need to classify certain stock options as a liability, which will affect the company's outstanding options in the latter half of 2024 [2]. - The company does not anticipate a restatement of its Consolidated Financial Statements for the year ended December 31, 2023 [2]. - Management is working to resolve the accounting issue and aims to file the required documents by April 14, 2025 [3]. Group 2: Regulatory Actions - Due to the missed filing deadline of March 31, 2025, Ur-Energy has applied for a management cease trade order (MCTO) to restrict trading by its CEO and CFO while allowing common shares to continue trading [4]. - The company intends to comply with alternative information guidelines as long as it remains in default for failing to file the required documents [5]. - If the MCTO is not granted, Canadian securities regulatory authorities may impose an Issuer Cease Trade Order [5]. Group 3: Company Operations - Ur-Energy operates the Lost Creek in-situ recovery uranium facility in Wyoming and has produced approximately 2.8 million pounds of U3O8 since operations began [7]. - The company has all major permits to begin construction at its second facility, Shirley Basin, and is advancing its development following a 'go' decision in March 2024 [7].
Acquisition of Pine Ridge Uranium Project in Wyoming Supports U.S. National & Energy Security Objectives
Newsfile· 2025-03-31 12:30
Acquisition of Pine Ridge Uranium Project in Wyoming Supports U.S. National & Energy Security Objectives March 31, 2025 8:30 AM EDT | Source: Snow Lake Resources Ltd Winnipeg, Manitoba--(Newsfile Corp. - March 31, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, announces that the 50/50 joint venture (the "Joint Venture") with Global Uranium and Enrichment Limited ("GUE") (ASX: GUE), to acquire 100% of the Pine Ridge Uraniu ...
Cameco(CCJ) - 2024 Q4 - Earnings Call Transcript
2025-02-20 14:00
Cameco (CCJ) Q4 2024 Earnings Call February 20, 2025 08:00 AM ET Company Participants Cory Kos - Vice-President of Investor RelationsTim Gitzel - President and Chief Executive OfficerAdam Wijaya - Equity Research AssociateGrant Isaac - Executive VP & CFOHeidi Shockey - Senior VP & Deputy CFO Conference Call Participants Andrew Wong - Equity Research AnalystAlexander Pearce - Equity Research AnalystOrest Wowkodaw - Managing Director, Senior Research Analyst, Metals and MiningLawson Winder - AnalystCraig Hutc ...