Core Viewpoint - Vanguard Mining Corp. has acquired the Yuty Prometeo Project in Paraguay, which is expected to enhance its uranium exploration strategy, with an initial NI 43-101 Technical Report to be prepared by senior geologist Ariel Testi [1][3]. Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium, and is advancing projects in the United States and Paraguay [21]. - The company aims to create value through responsible exploration and the acquisition of promising uranium properties [21]. Project Details - The Yuty Prometeo Project consists of a 90,000-hectare (222,395-acre) land package, including the San Jose and Prometeo concessions, located in the uranium-rich Paraná Basin of southeastern Paraguay [2][8]. - The Prometeo Concession covers approximately 27,666 hectares (68,368 acres) and is adjacent to UEC's Yuty Project, which has a defined uranium resource of 8.96 million pounds [2][9]. - The San Jose Concessions total approximately 62,210 hectares (153,754 acres) and have shown significant uranium anomalies based on previous radiometric surveys [10][11]. Geologist Profile - Ariel Testi, a seasoned geologist with 22 years of experience in the mining industry, has been retained to prepare the initial Technical Report for the Yuty Prometeo Project [4][6]. - Testi has a strong background in mineral exploration and has previously contributed to significant discoveries, including the Ivana Deposit in Argentina [6][7]. Industry Context - Paraguay is emerging as a favorable mining jurisdiction in South America, characterized by political stability, low sovereign risk, and a supportive regulatory environment for mineral exploration [20]. - The country is increasingly recognized for its potential in uranium and other strategic minerals, making it an attractive destination for mining companies [20].

Core Points - Western Uranium & Vanadium Corp. has entered into an Ore Purchase Agreement with Energy Fuels Inc. to deliver uranium-bearing ore [1][2] - Deliveries are set to begin in May, with a total of up to 25,000 short tons of ore to be delivered over a one-year period [2] - The purchase price will be based on the uranium grade of each lot according to an agreed pricing schedule [2] Company Strategy - The Agreement is expected to strengthen Western's strategic position and accelerate revenue generation [3] - The collaboration with Energy Fuels is anticipated to create synergies and leverage for both companies, benefiting the North American nuclear fuel supply chain [3] Warrant Repricing - A total of 2,868,541 previously issued common share purchase warrants have been repriced to CAD$2.00 per share, with the term extended to January 20, 2026 [3] - All other terms of the Warrants remain unchanged, and no replacement Warrant certificates will be issued [3] Production and Development - Western is ramping up high-grade uranium and vanadium production at its Sunday Mine Complex, located in the Uravan Mineral Belt [4] - The company is also developing the Mustang Mineral Processing Site for mined material recovery, incorporating kinetic separation to optimize economics [4]

Standard Uranium Executes Letter of Intent to Option Corvo Project in Eastern Athabasca BasinApril 07, 2025 7:00 AM EDT | Source: Standard Uranium Ltd.Vancouver, British Columbia--(Newsfile Corp. - April 7, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company")  is pleased to announce that it has signed a letter of intent (the "LOI"), dated April 4, 2025, with Vital Battery Metals Inc. (CSE: VBAM) (OTCQB: VBAMF) (FSE: C0O) (the "Optionee"), ...

Core Viewpoint - Aero Energy Limited and Kraken Energy Corp. have entered into a definitive arrangement agreement for Aero to acquire all outstanding shares of Kraken, creating a leading North American uranium developer [1][2] Transaction Overview - The transaction is valued at approximately $0.02754 per Kraken Share, totaling around $1.64 million, representing a 20% premium over the 15-day volume-weighted average trading price of Kraken Shares on the CSE [2][7] - The exchange ratio is set at 0.97037 Aero Shares for each Kraken Share [7] Strategic Benefits - The merger combines Aero's Athabasca Basin uranium assets with Kraken's U.S. uranium assets, creating a dual-jurisdiction portfolio that reduces risk and enhances potential returns for shareholders [5] - The transaction secures access to U.S. uranium opportunities, capitalizing on the increasing importance of domestic assets in the energy sector [5] - The merger is expected to enhance market presence and visibility, attracting stronger investor interest [5] Leadership and Governance - The board of directors of the merged entity will consist of five members, with three from Aero and two from Kraken, ensuring a balanced leadership structure [13] - Galen McNamara will serve as CEO and Martin Bajic as CFO of the merged company [13] Shareholder Support - The transaction has received unanimous approval from the boards of both companies, with Kraken's board recommending that shareholders vote in favor [16] - Directors and executive officers of Kraken, representing approximately 8% of the outstanding shares, have agreed to vote in favor of the transaction [15] Regulatory and Approval Process - The transaction requires approval from at least 66 2/3% of the votes cast by Kraken Shareholders and is subject to regulatory approvals from the TSX Venture Exchange and CSE [9][10] - A special meeting for Kraken Shareholders is expected to be convened in June 2025 to vote on the transaction [9] Project Details - Aero is advancing a 250,000-acre land package in Saskatchewan's Athabasca Basin, focusing on high-grade uranium deposits across its flagship projects [29] - Kraken's Apex Property, a key asset, is located in Nevada and has significant exploration potential beyond historically mined zones [23][26]

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].

Core Viewpoint - The acquisition of the Pine Ridge Uranium Project by Snow Lake Resources and Global Uranium and Enrichment Limited supports U.S. national and energy security objectives by advancing domestic uranium production capabilities [1][4]. U.S. National & Energy Security Objectives - The U.S. currently produces only 0.02% of global uranium production, making it heavily reliant on foreign suppliers [4][11]. - The U.S. has only one commercially operating uranium enrichment plant, which has limited capacity, further increasing dependence on foreign sources [4][10]. - The acquisition of Pine Ridge is positioned to enhance U.S. domestic uranium production, particularly in the Powder River Basin, a leading uranium-producing region [4][6]. Pine Ridge Uranium Project - Pine Ridge is an advanced In-Situ Recovery (ISR) uranium project located in Wyoming's Powder River Basin, ready for rapid development [4][6]. - The project has a large JORC 2012 exploration target and is surrounded by significant uranium projects, including Cameco's Smith Ranch Uranium Mill, which is only 15 km away [4][6]. Ubaryon Next-Generation Enrichment Technology - Global Uranium and Enrichment Limited holds a cornerstone position in Ubaryon Pty Ltd, which is developing innovative uranium enrichment technology [4][12]. - This technology focuses on the chemical separation of naturally occurring uranium isotopes and aims to address the lack of uranium enrichment capacity in the U.S. [4][14]. - The strategic investment in Ubaryon is intended to secure funding for ongoing development and commercialization of the technology [4][13]. Industry Context - The uranium supply chain is complex and vulnerable, with the U.S. importing 90% of its mined uranium ore and 95% of its yellow cake (U3O8) requirements from foreign suppliers [8][9]. - Four non-U.S. companies control 62.7% of the global commercial uranium enrichment capacity, highlighting the need for increased domestic capabilities [10][12]. - The U.S. must ramp up domestic uranium production to meet energy security and defense needs, as emphasized by the Trump Administration's Executive Order aimed at increasing American mineral production [11][12].

Core Viewpoint - Denison Mines Corp. has filed its 2024 Annual Report on Form 40-F with the SEC, which includes comprehensive financial statements and management discussions for the year ending December 31, 2024 [1] Company Overview - Denison is a prominent uranium mining, development, and exploration company, primarily focused on the Athabasca Basin in northern Saskatchewan, Canada [3] - The company holds a 95% interest in the Wheeler River Uranium Project, the largest undeveloped uranium project in the eastern Athabasca Basin [3] - Denison's interests also include a 22.5% stake in the McClean Lake Joint Venture, which is set to begin uranium extraction in 2025 [4] - The company has a total ownership interest covering approximately 384,000 hectares in the Athabasca Basin region [4] Recent Developments - In mid-2023, Denison completed a feasibility study for the Phoenix deposit as an ISR mining operation and updated the Pre-Feasibility Study for the Gryphon deposit as a conventional underground mining operation [3] - Significant milestones were achieved in 2024 regarding the permitting process for the Phoenix ISR operation, including the submission of federal licensing documents and acceptance of the Environmental Impact Statement [3] Joint Ventures and Other Interests - Denison, through its 50% ownership of JCU (Canada) Exploration Company, has interests in various uranium project joint ventures, including the Millennium, Kiggavik, and Christie Lake projects [5] - The company celebrated its 70th anniversary in uranium mining, exploration, and development in 2024, marking its long-standing presence in the industry [5]

Core Insights - Denison Mines Corp. has appointed Ken Hartwick and Jinsu Baik to its Board of Directors, enhancing the board's expertise in nuclear power generation [1][2][4] - The appointments follow the retirement of Brian Edgar, who served over 20 years on the board, contributing significantly to the company's strategic direction [2] - Ken Hartwick brings over 40 years of experience in finance, investment, and corporate leadership, having previously served as CEO of Ontario Power Generation [3] - Jinsu Baik, with extensive experience in the nuclear industry, replaces Jong Ho Hong as the representative of Korea Hydro Nuclear Power [4] Company Overview - Denison is a leading uranium mining, development, and exploration company focused on the Athabasca Basin in northern Saskatchewan, Canada [5] - The company holds a 95% interest in the Wheeler River Uranium Project, the largest undeveloped uranium project in the region [5] - Denison's interests also include a 22.5% stake in the McClean Lake Joint Venture and various other uranium projects through its 50% ownership of JCU [7][8] Recent Developments - The Phoenix feasibility study was completed in mid-2023, indicating competitive potential for both the Phoenix and Gryphon deposits [5] - Significant milestones were achieved in 2024 regarding the permitting process for the planned Phoenix ISR operation, including the submission of federal licensing documents [6]

Core Insights - CanAlaska Uranium Ltd. has confirmed additional high-grade unconformity-associated uranium mineralization at the Pike Zone through recent geochemical assays [1][3][4] - The summer 2024 drill program at the West McArthur project revealed significant uranium intersections, including 17.0 metres at 10.81% U3O8 and 6.5 metres at 10.05% U3O8 [1][3][4] - The ongoing 2025 winter exploration program aims to expand and delineate the high-grade Pike Zone uranium discovery, with three drills currently active [35][37] Company Overview - CanAlaska Uranium is a leading explorer of uranium in the Athabasca Basin, holding approximately 500,000 hectares of uranium properties [39] - The company operates the West McArthur project in joint venture with Cameco Corporation, holding an 85.97% ownership [1][39] - CanAlaska is fully financed for the 2025 drill season and focuses on Tier 1 uranium deposit discovery in a secure jurisdiction [39] Exploration and Drilling Results - The summer 2024 drill program consisted of 12 unconformity tests, with 11 containing uranium mineralization, indicating a strike length of approximately 200 metres [3][4] - Significant drillhole results include WMA082-12 with 17.0 metres at 10.81% U3O8 and WMA094-02 with 6.5 metres at 10.05% U3O8, including high-grade intervals [1][3][4] - The 2025 winter program is expected to achieve around 25 unconformity target intersections, optimizing drilling efficiency through advanced technology [36] Future Plans and Events - CanAlaska will showcase at the Swiss Mining Institute Conference on March 18th and 19th, 2025, to present its exploration progress [38] - The company plans to complete the winter portion of the 2025 exploration program by April [36]

Core Viewpoint - NexGen Energy Ltd. is progressing towards the final stages of regulatory approval for its Rook I Project, with Commission Hearing dates set for November 2025 and February 2026, following successful Environmental Assessment processes [1][2]. Company Overview - NexGen Energy is focused on developing the Rook I Project into the largest low-cost uranium mine globally, emphasizing elite environmental and social governance standards [3]. - The company is headquartered in Vancouver, British Columbia, and operates primarily in Saskatchewan, Canada, aiming to address global challenges in decarbonization, energy security, and access to power [4]. Project Development - The Rook I Project has received Provincial EA approval in November 2023 and has completed the Federal technical review, with the Federal Environmental Impact Statement accepted as final [1]. - All local communities in the Project Area have endorsed the Project through Impact Benefit Agreements, ensuring support throughout the life and closure of operations [1].