Core Insights - The North Shore Global Uranium Mining Index (URNMX) is undergoing modifications to enhance liquidity and improve ETF tracking, following its acquisition by VettaFi [1][2] Index Methodology Changes - The index targets companies that allocate at least 50% of their assets to uranium mining activities, including mining, exploration, and production [2] - Changes include adjustments to security eligibility, weighting, and the timing of index reconstitution and rebalances, effective after the close of trading on December 19, 2025 [2][3] Security Eligibility and Weighting - New securities must have a minimum free-float market capitalization of USD $125 million, up from USD $40 million, while existing holdings require a minimum of USD $100 million [5] - A minimum average daily value traded (ADVT) of USD $100,000 is required for new securities, with a buffer of USD $75,000 for existing holdings [5] - The index will now use free-float weighting for market capitalization eligibility and has increased the maximum weight cap for a single security from 15% to 20% [5]

Core Insights - September saw a significant increase in uranium prices, with spot prices rising by 8.02% due to stronger sentiment and tighter supply [1] - The Northshore Global Uranium Mining Index increased by 17.01%, while the Nasdaq Sprott Junior Uranium Miners Index TR surged by 21.75% in September [1] - Positive sentiment in the uranium sector is bolstered by U.S. Secretary of Energy Chris Wright's plans to stockpile more uranium and reduce reliance on Russian-enriched uranium [1] - The U.S. aims to enhance its uranium capacity and enrichment capabilities, indicating a potential new wave of investment in the sector [1] - The Department of Energy's ongoing plans for uranium could provide a sustained demand for miners [1] Investment Vehicles - Sprott offers various investment options for accessing the uranium mining industry, including the Sprott Uranium Miners ETF (URNM), which has over $2 billion in assets under management as of October 15, 2025 [2] - The Sprott Junior Uranium Miners ETF (URNJ) focuses on smaller uranium miners, which may benefit from increased U.S. demand and domestic operations [2]

Core Points - Forsys Metals Corp. has successfully closed a "bought deal" private placement, raising gross proceeds of C$18,925,760, including a partial over-allotment option of C$1,925,280 [1] - A total of 33,796,000 units were sold at a price of C$0.56 per unit, with each unit consisting of one common share and one-half of a warrant [1][2] - The net proceeds will be utilized to advance the Norasa Project in Namibia and for general corporate purposes [3] Offering Details - The offering was conducted under an underwriting agreement with Red Cloud Securities Inc., which acted as the sole underwriter [1] - Each whole warrant allows the holder to purchase one common share at a price of C$0.80 until October 16, 2028 [2] - Red Cloud received cash fees of C$1,135,545.60 and 2,027,760 broker warrants, each exercisable at C$0.66 until October 16, 2028 [5] Regulatory Compliance - The units were issued under the listed issuer financing exemption, which does not impose a hold period under Canadian securities laws [4] - The offering is subject to final approval from the Toronto Stock Exchange [6] - An insider purchased 8,928,600 units, qualifying as a related party transaction, exempt from formal valuation and minority shareholder approval requirements [7] Company Overview - Forsys Metals Corp. is focused on developing the Norasa Uranium Project in Namibia, which includes the Valencia and Namibplaas uranium deposits [9]

Core Insights - Proactive provides fast, accessible, and informative business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors, including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

LITTLETON, CO / ACCESS Newswire / October 16, 2025 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is happy to announce its participation in the 2025 Maxim Growth Summit, taking place on October 23rd at The Hard Rock Hotel NYC. This prestigious event brings together industry leaders, innovators, and premier institutions to explore the latest trends and advancements across several industries. ...

Core Insights - Stallion Uranium Corp. will initiate a high-resolution ground Time Domain Electromagnetic (TDEM) survey on November 1, 2025, at its Coyote Target within the Moonlite Project in the Athabasca Basin, Saskatchewan, in collaboration with Atha Energy Corp. [1][2] Survey Details - The survey aims to extend and refine previous electromagnetic work to accurately define conductive structures linked to uranium mineralization, focusing on the Coyote Corridor, which contains the company's top-priority drill targets [2][3] - The survey will be conducted by Abitibi Geophysics using the Stepwise Moving Loop (SWML) TDEM method, known for detecting conductive zones in basement rock, and will integrate data from earlier airborne and ground surveys [6][9] Expected Outcomes - Results from the survey are anticipated in late November 2025 and will inform final drill targeting for a winter drill program set to begin in December 2025 [8] - The CEO of Stallion Uranium emphasized that the survey is crucial for enhancing the resolution of geophysical data, which will help in identifying additional drill-ready locations and improving the effectiveness of the upcoming drill campaign [3][7] Marketing and Investor Relations - Stallion Uranium has engaged marketing firms to enhance its market presence and shareholder awareness through targeted digital campaigns and investor outreach programs [11][14] - The company has also announced participation in the Catch the Energy Conference on October 18, 2025, where the CEO will present [16] Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which is known for having the largest high-grade uranium deposits globally, and is committed to responsible exploration using advanced technology [18][19]

Core Viewpoint - NexGen Energy Ltd. has successfully closed a global equity offering, raising approximately A$1 billion (C$950 million) to fund the Rook I Project and for general corporate purposes [1] Group 1: Offering Details - The offering consisted of 33,112,583 North American Shares sold at C$12.08 per share, generating gross proceeds of approximately C$400 million [8] - Additionally, 45,801,527 Australian Shares were issued as CHESS Depository Interests (CDIs) at A$13.10 per CDI, resulting in gross proceeds of approximately A$600 million [8] - The total gross proceeds from both offerings amount to approximately A$1 billion (C$950 million) [1][8] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance the engineering of the Rook I Project, cover pre-production capital costs, and for general corporate purposes [1] Group 3: Company Background - NexGen Energy Ltd. is focused on the acquisition, exploration, and development of Canadian uranium projects, with a strong team experienced in uranium deposit discovery and project development [5] - The company owns a portfolio of uranium exploration assets in the Athabasca Basin, Saskatchewan, including a 100% interest in the Rook I Project, which hosts the Arrow Deposit discovered in February 2014 [5]

Group 1 - The article provides a buy rating for Deep Yellow, indicating a strong belief in its potential to become a large-scale uranium producer by the end of the decade [1] - The author emphasizes a diverse investment approach, incorporating fundamental, technical, and momentum investing strategies to enhance the investment process [1] Group 2 - There is no disclosure of any stock, option, or derivative positions in the companies mentioned, nor any plans to initiate such positions in the near future [2] - The article expresses the author's personal opinions and is not influenced by any compensation from companies mentioned [2]

Core Insights - Skyharbour Resources Ltd. reports significant rare earth element potential at the Fraser Lakes B Deposit, confirmed by drilling and assays, with a focus on uranium and thorium mineralization alongside rare earth oxides [1] - The company has partnered with Terra Clean Energy Corp., which will fund CAD $10,500,000 in exploration expenditures and pay Skyharbour CAD $11,100,000 in cash, with part of the payment potentially settled in shares [1] Rare Earth Elements Applications - Light rare earth elements, including Lanthanum, Cerium, Ytterbium, and Yttrium, are crucial in various industries such as automotive, batteries, and electronics [2][3][4][5] - Lanthanum is used in medical applications and industrial processes, while Cerium serves as a polishing agent and catalyst [2][3] - Ytterbium is utilized in improving stainless steel and in advanced technologies like quantum computing [4] - Yttrium is essential for LEDs, lasers, and medical applications, highlighting its strategic importance [5] Project Overview - The South Falcon East Project, part of the Fraser Lakes B Deposit, covers approximately 12,464 hectares and is located in the southeast Athabasca Basin [9][10] - The Fraser Lakes B Deposit has a historical inferred resource of 6.9 million pounds of U₃O₈ at an average grade of 0.03% and 5.3 million pounds of ThO₂ at 0.023% [11] Strategic Importance - The CEO of Terra emphasizes the strategic value of the REE deposit, especially in the current market environment that values rare earth elements [7] - The ongoing drilling and study of the Fraser Lakes B deposit aim to enhance both uranium and REE resources, indicating a commitment to advancing the project [8] Company Background - Skyharbour holds a diverse portfolio of uranium exploration projects in the Athabasca Basin, covering over 616,000 hectares [14] - The company has established partnerships and joint ventures with various industry leaders, enhancing its exploration capabilities [15] - Skyharbour has secured over CAD $36 million in partner-funded exploration expenditures, indicating strong financial backing for its projects [16]

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...