Core Insights - The uranium industry is experiencing a significant boom due to favorable regulations promoting domestic nuclear power, leading to substantial share price increases for major uranium miners like Cameco Corp., which has seen a 161% rise in the past year [3] - By 2026, the uranium market is expected to face a demand surge that exceeds production levels, creating a potential investment opportunity as the supply squeeze is likely to drive uranium prices higher [4] Industry Overview - Several uranium mining companies have seen their shares more than double in the last year, driven by easing regulations and a supply squeeze [6] - The Sprott Junior Uranium Miners ETF (URNJ) has increased by 89% over the last year, providing investors with exposure to smaller uranium producers that may benefit from regulatory easing [6] Investment Opportunities - Investors may consider ETFs like URNJ or URNM to capitalize on strong demand, as these funds offer access to a variety of uranium producers and attractive dividend yields [7] - URA is highlighted as one of the oldest and largest uranium ETFs, maintaining its appeal due to its performance record, fees, and dividend yield [7]

Industry Overview - Utah's "Mission Critical" strategy aims to establish the state as the leading destination for critical mineral extraction and processing in the U.S. by approving five mining projects in 2026 and bringing a national lab by 2031 [1] - The U.S. Government has added uranium to its list of critical minerals, recognizing its importance to the economy, which may influence federal and state policies [2] Company Positioning - Terra Clean Energy Corp. is focused on developing its portfolio of U.S. uranium assets, particularly in Utah, to benefit from the new legislation [2] - The company is currently developing the South Falcon East uranium project, which contains an inferred resource of 6.96 million pounds of uranium within the Fraser Lakes B Deposit in Saskatchewan, Canada [3] - Terra also holds past producing uranium mines in Utah and exploration properties in Wyoming, enhancing its strategic positioning in the uranium market [3] Strategic Goals - "Mission Critical" aims to capture 25% of the critical mineral market share, reduce permitting timelines by 50%, and ensure that 50% of minerals extracted in Utah are processed within the state [2] - The CEO of Terra Clean Energy Corp. anticipates that 2026 will be a pivotal year for uranium, with a focus on expanding its uranium claims in Utah [2]

Core Insights - Terra Clean Energy Corp. supports Utah's "Mission Critical" strategy for critical minerals, aiming to make Utah the leading destination for mineral extraction and processing in the U.S. [1] - The strategy includes the approval of five mining projects in 2026 and the establishment of a national lab by 2031 [1][2] - Uranium has been added to the U.S. Government's critical minerals list, which is expected to influence federal and state policies [2] Company Overview - Terra Clean Energy Corp. is a Canadian uranium exploration and development company, currently developing the South Falcon East uranium project with an inferred resource of 6.96 million pounds of uranium [3] - The company also has past producing uranium mines in Utah and exploration properties in Wyoming [3] Industry Context - The "Mission Critical" initiative aims to capture 25% of the critical mineral market share and reduce permitting timelines by 50% [2] - The initiative also seeks to ensure that 50% of minerals extracted in Utah are processed within the state [2] - CEO Greg Cameron believes that 2026 will be a pivotal year for uranium, with a focus on expanding Terra's portfolio of U.S. uranium assets, particularly in Utah [2]

Core Insights - Bayridge Resources Corp. has appointed Mark Richardson as Vice President of Exploration to lead the exploration activities for the Baker Lake Uranium Project in 2026 [1][2] Company Overview - Bayridge Resources Corp. is focused on advancing a portfolio of Canadian uranium projects, with its flagship Baker Lake Uranium Project comprising 83 contiguous claims covering 619 km² in Nunavut's Kivalliq Region [5] - The Baker Lake project has outlined a 75-km unconformity with multiple uranium targets supported by modern airborne geophysics and drilling [5] Leadership Appointment - Mark Richardson is a Professional Geoscientist with over 10 years of experience in mineral exploration, having led various successful early-stage discoveries [2] - His expertise includes overseeing exploration strategy, permitting, field execution, drilling programs, and technical reporting across projects at different stages [2] - Richardson's appointment is expected to enhance Bayridge's exploration efforts, leveraging a robust historical data suite, including over 7500-line km of airborne Tempest® geophysical survey data from 2008 [3] Exploration Strategy - The company aims to advance disciplined target generation and capital deployment, translating technical data into executable exploration strategies under Richardson's leadership [2][3] - The long-term outlook for uranium is described as increasingly strong, driven by growing demand for clean baseload energy and tightening global supply [3] Stock Options - Bayridge has granted 1,500,000 incentive stock options to certain directors, officers, consultants, and advisors, which vest immediately and are exercisable at a price of $0.20 until January 27, 2031 [4]

Core Viewpoint - Alligator Energy is transitioning into a significant developer in the uranium sector, with its flagship project Samphire being a key asset in this evolution, supported by a well-defined resource [1]. Group 1: Company Developments - Alligator Energy is preparing to activate a plant and commence a field recovery trial at the Samphire project [2]. - The company anticipates significant potential to increase its resource over time [2]. - Alligator is also exploring the Big Lake project in the Cooper Basin, which is expected to be a promising ISR-style uranium province in South Australia [2].

As filed with the Securities and Exchange Commission on January 26, 2026. Registration No. 333-292006 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ JAGUAR URANIUM CORP. (Exact name of registrant as specified in its charter) _____________________________________ | British Columbia | 1000 | Not applicable | | --- | --- | --- | | (State or other jurisdiction of | ( ...

Group 1 - Cameco Corporation (NYSE:CCJ) is recognized as a strong investment opportunity in the AI energy sector, particularly due to its focus on uranium and copper amid tightening supply-demand dynamics [2][3]. - Raymond James has raised its price target for Cameco from C$150 to C$165, maintaining an 'Outperform' rating, citing structural appeal in the copper and uranium markets [2]. - Bernstein has also increased its price target for Cameco from $100 to $101, attributing this to the tightening supply of uranium and rising term prices, with expectations of prices remaining above $85 per pound through 2029 [3][4]. Group 2 - The company is well-positioned to benefit from market trends and growing policy support for nuclear energy, with expectations of reactor restarts and utility contracting enhancing its growth narrative [4]. - Cameco focuses on uranium exploration, mining, milling, and fuel services, providing low-cost, large-scale uranium production and comprehensive nuclear fuel solutions to global utilities [5].

Core Viewpoint - Terra Clean Energy Corp. is set to acquire up to a 100% interest in the Freedom & Prospector Mines Project, which includes 6 unpatented Lode Mining Claims covering 39.5 hectares in a historic uranium mining district [1][3]. Transaction Highlights - The acquisition involves a staged earn-in structure, requiring cash payments, share issuances, and exploration expenditures to gradually increase ownership from 20% to 100% [14]. - The project is located in Piute County, Utah, near the Fishlake National Forest, with good access to infrastructure [5][8]. Rationale Behind the Acquisition - Historical production from the Marysvale district recorded over 1.33 million pounds of U3O8, with over 75% sourced from the Freedom and Prospector Mines [3][8]. - The mines were abandoned in the 1970s due to a market collapse rather than depletion of resources, indicating potential for future exploration [4][3]. - Modern exploration technologies, such as 3D modeling, are expected to enhance resource identification and extraction [4]. Project Overview - The project consists of 6 contiguous claims with a history of uranium production, situated in a favorable location with access to roads, power, and water [5][8]. - The area features nearly vertical fissure veins and is characterized as an epithermal vein-style uranium system [7]. Government and Market Context - Uranium has been added to the U.S. List of Critical Minerals, which may facilitate permitting and access to federal funding for uranium projects [8]. - There is strong government support for nuclear power and uranium mining, aiming to reduce reliance on foreign nuclear fuel [8]. Exploration Potential - Preliminary assessments indicate significant remaining ore and resource potential on the property, with plans for further exploration and data acquisition [9]. - The company aims to utilize both air and ground-based radiometric surveys to develop an updated structural model for efficient drilling [9]. Marketing Agreements - Terra has engaged Ares Capital Markets Group for marketing services, with an upfront payment of USD 100,000 for a three-month period [18][19]. - Additionally, an agreement with Aktien Check for European marketing activities has been established, with a payment of 25,000 Euros for one month of services [21]. Company Background - Terra Clean Energy is a Canadian-based uranium exploration and development company, also involved in developing the South Falcon East uranium project in Saskatchewan, Canada [23].

Core Viewpoint - Purepoint Uranium Group Inc. has commenced drilling at the Dorado Project as part of a joint venture with IsoEnergy Ltd, aiming to expand the high-grade Nova Uranium Discovery and advance other priority targets across the property [1][3]. Winter 2026 Nova Expansion Program - The winter drill program is the first phase of a fully approved multi-campaign exploration initiative at Dorado, following the 2025 Nova Discovery which reported uranium grades of up to 8.1% U₃O₈ over 0.4 meters within 2.1 meters of 1.6% U₃O₈ in hole PG25 07A [2][8]. - Drilling will focus on systematic step-outs along the mineralized structure, specifically targeting the northeastern extension where the strongest uranium mineralization has been found [5][8]. Advancing a District Scale Opportunity - The Dorado Project includes multiple priority target areas characterized by conductive corridors, fault structures, and favorable graphitic lithologies [6][15]. - An airborne magnetotellurics survey is planned for later this winter or early spring to refine deeper structural targets across several grids, supporting ongoing district-scale evaluation of the joint venture land package [6]. Future Plans - A helicopter-supported summer drill program is planned to test additional targets across the Dorado Project, contingent on the results from the winter drilling [7][8]. - The winter program will include up to 10 drill holes totaling approximately 4,300 meters, focusing on the corridor between holes PG25-03 and PG25-07A, which has an 800-meter strike length with the strongest mineralization currently toward the northeast [8].

Company Overview - Cameco is one of the largest global providers of uranium fuel, with a controlling stake in the world's largest high-grade uranium reserves and low production costs of less than $46 per pound by 2025, compared to a current spot price of over $85 per pound [4][6] - The company owns a 49% stake in Westinghouse Electric Company and Global Laser Enrichment, enhancing its position in the nuclear energy sector [5] Financial Performance - Cameco's revenue is divided into three segments, with uranium mining contributing $1.3 billion in the first nine months of 2025, while refining and enriching uranium added $279 million [6] - The company generates approximately $2.2 billion in annual revenue, with a profit margin that has increased from 8% to 23% year-to-date [7][10] - Despite a market valuation exceeding $50 billion, Cameco earned less than $378 million over the last 12 months, resulting in a trailing price-to-earnings ratio of 134 [9] Competitive Position - Cameco is one of the few profitable companies in the nuclear power industry, contrasting with competitors like Uranium Energy and Energy Fuels, which report no profits [8][9] - The company's free cash flow is notable, nearly doubling its reported net income to $698 million, leading to a price-to-free-cash-flow ratio of 72 [10] Growth Potential - Analysts predict that Cameco will achieve the highest growth rate in the industry over the next five years, estimating a 75% annual growth rate [10] - The Westinghouse division is expected to benefit from an $80 billion investment in large nuclear power plants in the U.S., which could further enhance Cameco's profitability [12][13] - Achieving the aggressive earnings growth target of 75% could justify the current valuation, even with a price-to-free-cash-flow ratio of 72 [14]