TORONTO, June 12, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that Dark Star Minerals Inc. (“Dark Star”) (CSE: BATT) (FSE: P0W), a well-managed, uranium-focused, publicly-listed company, has entered into an acquisition agreement with Critical One to acquire 100% of its interests in the Khan and Cobra Uranium Projects, located in Namibia’s highly prospective Erongo uranium prov ...

Core Viewpoint - CGN Mining has signed a new sales framework agreement with CGN Uranium Resources Co., Ltd. for the period from January 2026 to December 2028, which is expected to enhance pricing flexibility and boost sales prices due to a higher forecasted natural uranium price [1][2]. Pricing Mechanism - The new pricing formula for natural uranium is set at 30% of the forecasted price of US$94.22 per pound, with an annual escalation factor of 1.041, and 70% based on the latest spot price at the time of delivery [1]. - The previous pricing mechanism for 2023-2025 was 40% of the forecasted price of US$61.78 per pound and 60% based on the latest spot price [1]. Market Expectations - The forecasted natural uranium price of US$94.22 per pound is significantly higher than the average spot price of US$71 per pound and the long-term contract price of US$80 per pound, indicating a bullish outlook for uranium prices [1][2]. - The increase in the proportion of the latest spot price indicator from 60% to 70% in the new agreement allows CGN Mining to benefit from rising spot market trends [3]. Production Guidance - CGN Mining has provided production guidance for its subsidiaries, estimating contracted sales volumes of 1,438 tU in 2026, 1,617 tU in 2027, and 1,598 tU in 2028 [4]. Financial Projections - Following the new sales framework agreement and anticipated uranium price increases, CGN Mining has raised its net profit forecasts for 2025 and 2026 by 14% and 31%, respectively, to HK$611 million and HK$1.00 billion [5]. - The stock is currently trading at 26.5x 2025 estimated P/E and 16.3x 2026 estimated P/E, with a target price of HK$2.51, suggesting an 18% upside [5].

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | FRA: Q3J) (the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing (the “Offering”) of a minimum of 1,666,666 units of the Company (each, a “Unit”) and a maximum of 10,000,000 Units, at a price of C$0.15 per Unit, for gross minimum proceeds of C$250,000 and gross ...

VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. ("Greenridge" or the "Company") (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce it has engaged Convolutions Geoscience of Surrey, BC, Canada ("Convolutions"), to perform a comprehensive review and integration of all available geophysical and geological data for the Sabre Uranium Project (the "Sabre Property", or the "Project") located in the northern Athabasca Basin of Saskatchewan, Canada. The purpose of ...

Vancouver, BC , June 10, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the "Company") is pleased to announce the remaining assay results from its late 2024 diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, which totaled 2,759 metres in nine holes. The project is located approximately 15 kilometres east of Denison Mine's Wheeler River project and proximal to regional infrastructure for Cameco's Key Lake and McArthur River ope ...

VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Aventis Energy Inc. ("Aventis" or the "Company") (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is pleased to announce that it has contracted Axiom Exploration Group Ltd. ("Axiom") to complete a Technical Report (the "Report") in accordance with National Instrument 43-101 on the Corvo Uranium Project ("Corvo" or the "Project") located along the eastern margin of the Athabasca Basin, northern Saskatchewan, Canada. Axiom combines geoscience technology and au ...

Day在最新研判中指出，黄金市场正迎来多重基本面支撑：全球央行购金步伐持续加速，地缘政治不确 定性推升避险需求，同时主要经济体财政可持续性担忧不断发酵。经济合作与发展组织（OECD）本周 将2024年全球经济增长预期大幅下调至1.6%，直指美国贸易保护主义政策对全球贸易体系的冲击。该 预期修正直接导致美元指数承压，为金价连续第三周上涨奠定基础。 国际贵金属市场持续走强，现货黄金价格稳守2350美元/盎司关口，白银价格突破34美元/盎司，创2012 年以来新高。知名投资管理人Adrian Day近日警示，当前市场对矿业企业的估值存在显著偏差，且全球 金融体系正面临潜在流动性危机，这或将迫使美联储于三季度重启量化宽松政策。 值得关注的是，Day提出美国财政部或将在三季度面临资金枯竭风险。他分析认为，当财政融资压力突 破临界点时，美联储将被迫通过扩大资产负债表提供流动性支持。"相较于单纯降息，重启量化宽松的 概率显著更高，市场关注焦点已从就业市场转向政府偿债能力。"这一判断与此前主流预期存在明显分 歧。 在资产配置层面，Day强调矿业板块存在显著价值洼地。以Agnico Eagle Mines为例，尽管当前利润率处 ...

Key Takeaways UUUU's Pinyon Plain mine delivered a record 258,745 pounds of uranium in May, up 71% from April. Energy Fuels is fast-tracking permitting at Roca Honda and restarting efforts at the EZ Complex. The Bullfrog Project confirmed 10.5M lbs indicated and 3.4M lbs inferred uranium resources.Energy Fuels (UUUU) is aggressively ramping up production and accelerating the development of long-term pipeline projects to establish itself as a key player in the resurgence of the U.S. nuclear energy sector. ...

TSX Venture Exchange: BSKFrankfurt Stock Exchange: MAL2OTCQB Venture Market (OTC): BKUCFVANCOUVER, BC, June 4, 2025 /PRNewswire/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), ("Blue Sky" or the "Company") is pleased to announce the results of the initial technical review work completed at the Corcovo Uranium Project, an "in situ" recovery ("ISR") high potential target in Mendoza Province, Argentina. The geological team has reviewed and interpreted bore-hole survey data from 89 historical oi ...

Investment Rating - The report maintains a "BUY" rating for CGN Mining, with a target price revised to HK$2.61 from HK$2.18, indicating a potential upside of 57.5% from the current price of HK$1.66 [1][3]. Core Insights - CGN Mining has introduced a new pricing mechanism for its off-take agreement with its parent company, reducing the fixed pricing proportion from 40% to 30%. The fixed price for 2026 is set at US$94.22/lb, significantly higher than the current price of US$61.78/lb for 2023, which is expected to increase by 3.5% annually [1][7]. - The new pricing is approximately 18% higher than the latest industry contract price published by Cameco, which is seen as a positive development that alleviates market concerns regarding pricing uncertainty [1]. - Following the adjustment in the pricing mechanism, the earnings forecast for 2026E and 2027E has been revised upwards by 17% and 23%, respectively [1]. Financial Summary - Revenue projections show significant growth, with FY23A at HK$7,363 million, expected to rise to HK$12,371 million by FY27E, reflecting a year-on-year growth of 101.8% in FY23A and 11.4% in FY27E [2][20]. - Adjusted net profit is forecasted to increase from HK$497.1 million in FY23A to HK$985.7 million in FY27E, with a notable growth of 71.2% in FY26E [2][20]. - The report indicates a P/E ratio decline from 25.4 in FY23A to 12.8 in FY27E, suggesting improved valuation metrics over the forecast period [2][20]. Share Performance - The market capitalization of CGN Mining is reported at HK$12,617.1 million, with a 52-week high of HK$2.94 and a low of HK$1.24 [3][4]. - The stock has shown a 1-month absolute performance of 11.4% and a 3-month performance of 16.1% [5]. Valuation Methodology - The valuation of CGN Mining is based on a Net Present Value (NPV) methodology, applying a target multiple of 3x NPV to reflect the potential conversion from resources to reserves amid rising uranium prices [18][19]. - Long-term assumptions include a 1.5% annual increase in uranium prices from US$91/lb during 2027-31, stabilizing at US$96 thereafter [18]. Shareholding Structure - The major shareholder is China General Nuclear Power Corporation, holding 56.9% of the shares, followed by China Chengtong Holding Group with 10.0% [4].