NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/encore-energy-co ...

The world's biggest publicly traded uranium producer faces near-term challenges.The spot price for uranium, the crucial element for producing nuclear power, has roughly doubled over the past five years. That growth was fueled by the world's renewed interest in nuclear power as a clean energy source, geopolitical conflicts driving more markets away from fossil fuels, and rapid expansion of the power-hungry artificial intelligence, cloud, and data center markets.Bank of America expects uranium's spot price to ...

Core Viewpoint - Anfield Energy Inc. is positioned to benefit from U.S. government initiatives aimed at boosting domestic uranium production through Executive Orders, enhancing investor interest and production prospects for the company [1][6]. Group 1: Executive Orders and Their Implications - The U.S. government has established the National Energy Dominance Council (NEDC) to develop strategies for increasing domestic energy production, including uranium [2]. - An Executive Order aims to enhance American mineral production by streamlining permitting processes and prioritizing strategic projects, particularly in uranium mining [3]. - Another Executive Order focuses on expanding energy and critical mineral production, mandating a review of regulations that may hinder energy development, including those related to uranium [4]. Group 2: Anfield's Strategic Position - Anfield Energy is pursuing a NASDAQ listing and has uranium assets located in the U.S., including one of only three licensed and constructed conventional uranium mills in the country [6]. - The company aims to contribute to the U.S. domestic uranium supply, which currently relies on imports for nearly 99% of its annual consumption of approximately 50 million pounds [6]. - Anfield has submitted a Plan of Operations for its Velvet-Wood uranium project in Utah, expecting approval by the end of 2025, and is working to upgrade its Shootaring mill's production capacity from 1 million pounds to 3 million pounds per year [7]. Group 3: Economic Assessment - The combined Preliminary Economic Assessment (PEA) for Anfield's Slick Rock and Velvet-Wood projects indicates a pre-tax NPV of $238 million and an IRR of 40%, based on U3O8 and V2O5 prices of $70 per pound and $12 per pound, respectively [8].

Core Viewpoint - Mustang Energy Corp. has successfully staked five new 100%-owned uranium mineral claims in Northern Saskatchewan, expanding its total land package to 92,211 hectares across 14 projects in the Athabasca Basin, which is known for high-grade uranium deposits [1][10]. Newly Staked Properties Overview - The Saddle Project includes two claims totaling 1,804 hectares, located near the historic Cluff Lake Uranium Mine, which produced over 62 million pounds of uranium concentrate. The project is situated along the Carswell Impact Structure, with historical drilling indicating extensive structural disruption [2][3]. - The Yellowstone East Project has been expanded by one claim (1,021 hectares), located 20 km northeast of the Cluff Lake Uranium Mine, and remains largely underexplored for uranium potential [3]. - The Ram Project spans 2,229 hectares in the southwest Athabasca Basin along the Clearwater Domain, which is significant for uranium mineralization, although it remains relatively underexplored [4][5]. - The Lariat Project consists of one claim covering 4,396 hectares, located north of the Athabasca Basin along the Snowbird Tectonic Zone, known for hosting uranium deposits and potential for magmatic Cu-Co-Ni mineralization [6][7]. Strategic Importance - The land expansion reinforces Mustang's vision of building a high-impact portfolio of uranium and critical mineral assets in tier-one jurisdictions, positioning the company to capitalize on the growing global demand for clean energy and nuclear power [10][11].

Group 1 - Energy Fuels Inc. is facing challenges in the uranium market as the spot price remains below management's target selling price [1] - The company's uranium mines under development have limited growth prospects [1] Group 2 - The article does not provide any additional relevant information regarding the industry or company beyond the points mentioned above.

CEO.CA's Inside the Boardoom: GoviEx Uranium Perfectly Timed for the 2028 Supply Gap, Low-Strip Ratio Signals Rapid Cash FlowApril 24, 2025 12:37 PM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - April 24, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular fre ...

Diamond drilling has wrapped up on the Zone 2A and Rosie areas, and SJ Geophysics completed ground EM and Resistivity surveys on the Spring Bay area on the Northwest Athabasca Project in Saskatchewan's Athabasca Basin CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the "Company" or "Global") and Forum Energy Metals Corp. (TSX.V: FMC; OTCQB: FDCFF) ("Forum") are pleased to announce that it has completed its diamond drilling program, as well as gr ...

DEADLINE: May 13, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/encore-energy-corp-loss-submission-form/? id=144661&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of EU during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead ...

Core Viewpoint - enCore Energy Corp. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial reporting and internal controls [3][4]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 28, 2024, to March 2, 2025 [3]. - Allegations include: 1. enCore lacked effective internal controls over financial reporting 2. enCore could not capitalize certain exploratory and development costs under GAAP 3. As a result, its net losses had substantially increased 4. Defendants' positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by May 13, 2025, to participate in potential recovery [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

Group 1 - Recent increase in trading volumes for Denison Mines (NYSE: DNN) indicates potential institutional selling and a confirmation of a downtrend [1] - The price decline alongside volume spikes suggests a significant market movement that could impact investor sentiment [1] Group 2 - The article emphasizes the importance of analyzing trading volumes in conjunction with price movements to identify potential investment opportunities [1]