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VANCOUVER, British Columbia, October 9, 2025 – TheNewswire - Gamma Resources Ltd. (TSX-V: GAMA; OTCPK: MLLOF; Frankfurt: MRDN) (“Gamma” or the “Company”) is pleased to announce the closing of the second and final tranche of its non-brokered private placement (the “Private Placement”) for gross proceeds of $668,940. Further to the Company’s news releases of August 25, September 5 and September 30, 2025, the company has raised aggregate gross proceeds of $1,320,000 in the offering.The Private Placement consis ...

Core Viewpoint - Myriad Uranium Corp. has received approval from the Bureau of Land Management for a Plan of Operations that allows for the drilling of up to 222 boreholes at the Copper Mountain Project Area, expanding exploration activities beyond the Canning Deposit [1][2]. Summary by Sections Plan of Operations - The approved Plan of Operations enables drilling at multiple targets across the Copper Mountain Project Area, with 70 holes currently bonded under the existing Drilling Notification [2]. - The Plan includes areas such as Mint, Arrowhead, Lucky Cliff, and Gem, with ongoing amendments to bond additional drilling as exploration progresses [2]. Historical Context - Union Pacific previously conducted extensive drilling at Copper Mountain, identifying significant uranium resources before operations ceased in 1980 due to falling uranium prices [18]. - The Arrowhead Mine area produced over 500,000 lbs of uranium at a grade of 1,500 ppm U3O8 during the 1950s and 1960s, with estimates suggesting significant remaining uranium in the area [4]. - The Canning deposit was part of a larger mining operation planned to supply uranium to California Edison, but development was halted after the Three Mile Island incident in 1979 [6][10]. Exploration Potential - Myriad aims to confirm historically identified mineralization while demonstrating the broader potential of the Copper Mountain District to host additional large deposits [2]. - Additional target areas such as Hesitation, Fuller, Knob, and Cedar Ridge may be considered for drilling in the near term [2]. Financial and Operational Background - Union Pacific invested approximately C$117 million (2024 dollars) in exploring and developing the Copper Mountain Project, which included drilling around 900,000 feet across 2,000 boreholes [18]. - The Gem deposit is estimated to contain Indicated and Inferred resources of 3.07 million tonnes with an average grade of 234 ppm eU3O8 [9]. Company Overview - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project and has recently acquired a 100% interest in the Red Basin Uranium Project in New Mexico, which has significant exploration potential [18].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Noble Plains Uranium Corp. has appointed Mr. Chris M. Healey to its Board of Directors, bringing over 40 years of uranium exploration and development experience, particularly in In-Situ Recovery (ISR) operations [1][2][3] Company Developments - Mr. Healey's previous experience includes over 20 years at Cameco Corporation, where he held senior geological roles and contributed to the advancement of ISR uranium operations in Wyoming [2][3] - The appointment follows the resignation of Lorne Warner as Director, who will continue to serve as a technical consultant to the Company [5] Strategic Alignment - Mr. Healey's expertise in ISR project development and resource definition aligns with Noble Plains' strategy to advance its Wyoming uranium projects [2][3] - The Company aims to define a compliant resource base and enhance shareholder value through its projects [3][4] Industry Context - Noble Plains focuses on uranium exploration and development in the U.S., targeting high-potential projects suitable for ISR, which is recognized as a capital-efficient and environmentally responsible extraction method [6]

Core Viewpoint - GoviEx Uranium Inc. has received shareholder approval from Tombador Iron Limited for a reverse takeover, paving the way for the formation of Atomic Eagle Ltd, an ASX-listed uranium developer [1][2]. Group 1: Transaction Details - Tombador shareholders approved all resolutions necessary for the reverse takeover, including the issuance of shares to GoviEx shareholders and the change of name to Atomic Eagle Ltd [2]. - A special meeting for GoviEx Securityholders is scheduled for October 24, 2025, to vote on the Transaction [3]. - The closing of the Transaction is targeted for early November 2025, pending approvals from GoviEx Securityholders and regulatory bodies [4]. Group 2: Company Objectives - GoviEx aims to strengthen its balance sheet and simplify its corporate structure to advance the Muntanga uranium project in Zambia [2][6]. - The company is focused on becoming a significant uranium producer through continued exploration and development of its uranium properties in Africa [6].

High-rolling investors have positioned themselves bullish on Cameco (NYSE:CCJ), and it's important for retail traders to take note.\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CCJ often signals that someone has privileged information.Today, Benzinga's options scanner spotted 14 options trades for Cameco. This is not a typical pattern.The sentiment among these major tr ...

Core Insights - Uranium Energy (UEC) reported fiscal 2025 revenues of $66.84 million, a significant increase from $0.2 million in the previous fiscal year, primarily due to the decision to withhold uranium sales in the prior year rather than a change in production or pricing [1][10] Revenue Analysis - In fiscal 2024, UEC's revenues were derived from toll processing services, which were discontinued in fiscal 2024. In contrast, fiscal 2023 revenues were approximately $164 million, mainly from sales of purchased uranium inventory, indicating a flexible sales strategy based on cash position and uranium prices [2] - UEC's revenue pattern in fiscal 2025 was uneven, generating $66.84 million in the first half from uranium sales at an average price of over $82.50 per pound, while withholding sales in the second half to maintain strategic inventory [3] Inventory and Market Position - As of the end of fiscal 2025, UEC held 1.36 million pounds of uranium in inventory, valued at $96.6 million, excluding 130,000 pounds of initial Wyoming production. The company anticipates expanding its inventory by an additional 300,000 pounds through December 2025 under purchase contracts priced at $37.05 per pound [4] - Uranium prices have recently risen above $82 per pound, the highest in nearly a year, driven by expectations of increased nuclear power capacity and policy initiatives, which may enhance UEC's revenue potential [5] Competitor Performance - Energy Fuels reported revenues of $21 million in the first half of 2025, a 38% decline from the previous year, attributed to lower uranium sales and inventory retention amid low prices [6] - Ur-Energy's revenues reached $10.4 million in the first half of 2025, a 124% increase from $4.65 million in the same period last year, with sales of 165,000 pounds of uranium at an average price of $63.20 per pound [8] Stock Performance and Valuation - UEC shares have increased by 96.4% this year, outperforming the industry's growth of 29.9% [9] - The company is trading at a forward 12-month price/sales multiple of 93.19X, significantly higher than the industry's 1.46X [12]

Core Viewpoint - Energy Fuels has successfully raised $700 million in convertible debt, which has led to a recovery in its stock price after initial fears of share dilution [3][6][9]. Group 1: Financial Details - Energy Fuels issued $700 million worth of convertible notes to private investors, which can dilute existing shareholders if converted into shares [3][4]. - The debt carries a low interest rate of 0.75% and is due in November 2031, indicating favorable terms for the company [4]. - The company has over $645 million in cash available for operations, allowing it to sustain its business for nearly six years despite annual losses of approximately $115 million [6][7]. Group 2: Market Reaction - Initially, the stock price fell due to concerns over potential dilution, but it rebounded by 2.3% on Monday and surged an additional 7.8% by Tuesday morning [1][6]. - Investors have shifted their focus from dilution fears to the positive implications of having substantial cash reserves for growth in uranium and rare earth metal mining [6][9]. Group 3: Future Outlook - The cash raised positions Energy Fuels to capitalize on expected growth in the U.S. nuclear industry, which may provide sufficient time for the company to stabilize and grow [7].

Core Viewpoint - Atomic Minerals Corporation has expanded its Mozzie Lake project by acquiring additional claims, enhancing its exploration potential in the uranium-rich region of northern Saskatchewan [1][2]. Acquisition Details - The company acquired 5 claims totaling 20,743.5 hectares, increasing the Mozzie Lake project area to 26,073.5 hectares [1]. - The acquisition terms include a payment of $20,000, issuance of 2,000,000 common shares, 1,000,000 warrants exercisable at $0.10 for two years, and a 2% gross overriding royalty on future production [5]. Historical Estimates - Previous drilling programs in 1967 and 1968 identified an estimated 208,300 tons grading 0.118% triuranium octoxide, equating to approximately 491,588 pounds of U3O8 [2][3]. - The historic estimate is considered relevant and reliable, classified as drill indicated, comparable to an inferred resource, but requires further drilling to upgrade its classification [3]. Advisory Board Appointment - Mr. Jody Dahrouge has been appointed to the Advisory Board, bringing over 30 years of experience in mineral exploration, particularly in uranium [6][7]. - His expertise is expected to enhance the company's exploration efforts in both the Athabasca region and U.S. projects [9]. Company Overview - Atomic Minerals Corporation is publicly listed on the TSXV under the symbol ATOM, focusing on exploration opportunities in underexplored regions with geological similarities to past uranium discoveries [11]. - The company's portfolio includes uranium projects in the Colorado Plateau and the Athabasca region, which have historically produced significant amounts of U3O8 [12].