Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") approved the issuance of 1,223,600 restricted share units ("RSUs") to its directors and officers and a total of 230,000 options (the "Options") to certain of its employees pursuant to the Company's Omnibus Equity Incentive Compensation Plan. Each Option is exercisable to acquire one common share of the Company at a price of $0.47 per share and expires on the date tha ...

Core Insights - Denison Mines Corp. (DNN) is set to advance its Phoenix In-Situ Recovery (ISR) uranium project into the construction phase, pending final regulatory approval expected in Q1 2026 [1][3] - The Phoenix project is on track to become Canada's first new large-scale uranium mine since Cigar Lake, with a targeted construction period of 24 months and first production aimed for mid-2028 [3][4] - The updated initial capital cost post-FID is approximately $600 million, reflecting inflation and project refinements, including $65 million in contingency funds [3][4] Regulatory and Engineering Progress - Significant progress was made in 2025 regarding regulatory approvals, detailed engineering, procurement, and construction planning, including the completion of the Canadian Nuclear Safety Commission's public hearing process [2] - Construction readiness is bolstered by largely completed detailed engineering, procurement of long-lead items, and near-final construction contracts for 2026 [4] Market Performance - DNN shares have increased by 67.4% over the past six months, outperforming the industry average rise of 18.1% [4]

Core Viewpoint - The announcement by the U.S. Department of Energy regarding the New Domestic Nuclear Fuel Supply Chain & Uranium Agreement is expected to benefit Terra Clean Energy Corp as it develops its U.S. uranium assets [2][3]. Company Developments - Terra Clean Energy Corp has appointed Jon Li as Chief Financial Officer effective January 1, 2026, following the resignation of Brian Shin [1][3]. - The company is centralizing its operations and management in Toronto [3]. - The annual general meeting held on December 8, 2025, resulted in the re-election of current directors and the election of two additional directors [6]. Industry Context - The U.S. Department of Energy is forming a consortium under the Defense Production Act to enhance the domestic nuclear fuel supply chain, which includes uranium mining and processing [2]. - This initiative aims to reduce reliance on foreign enriched uranium and critical minerals, providing federal incentives and expedited permitting for U.S. uranium projects [2]. Financial and Operational Insights - Jon Li brings over 20 years of finance experience, particularly in the mining and technology sectors, and has served as Vice President at WD Numeric [4][5]. - Terra Clean Energy Corp is developing the South Falcon East uranium project, which has an inferred resource of 6.96 million pounds of uranium within the Fraser Lakes B Deposit in Saskatchewan [9].

Core Viewpoint - The announcement by the U.S. Department of Energy regarding the New Domestic Nuclear Fuel Supply Chain & Uranium Agreement is expected to benefit Terra Clean Energy Corp as it develops its U.S. uranium assets [2][3]. Industry Developments - The U.S. Department of Energy is forming a consortium under the Defense Production Act to enhance the domestic nuclear fuel supply chain, focusing on uranium mining, milling, enrichment, and fuel fabrication [2]. - This initiative aims to reduce reliance on foreign enriched uranium and critical minerals, inviting U.S. companies to participate in the NUCLEAR FUEL CYCLE CONSORTIUM for federal incentives and expedited permitting [2]. Company Developments - Terra Clean Energy Corp has appointed Jon Li as Chief Financial Officer effective January 1, 2026, following the resignation of Brian Shin [1][3]. - The company is centralizing its operations and management in Toronto, which aligns with its strategic goals [3]. - Terra Clean Energy is developing the South Falcon East uranium project, which has an inferred uranium resource of 6.96 million pounds within the Fraser Lakes B Deposit in Saskatchewan, Canada [9]. Management and Governance - The annual general meeting held on December 8, 2025, resulted in the re-election of current directors and the election of two additional directors, Michael Gabbani and Brian Polla [6]. - The appointment of Crowe MacKay LLP as auditors for the year ended December 31, 2024, was ratified by shareholders [6]. Personnel Background - Jon Li has over 20 years of finance experience, particularly in mining, technology, and financial services, and has served as Vice President at WD Numeric [4]. - He is a CPA in both the U.S. and Canada and holds an MBA with a concentration in Accounting [5].

VANCOUVER, British Columbia, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to announce the mobilization of personnel and equipment for the upcoming diamond drilling program at its Moonlite Property, located in the Athabasca Basin of northern Saskatchewan, and the execution of a drilling contract with Base Drilling Ltd. to advance the Coyote Target. The Company has also appointed Mr. Paulo Santos as its incoming Chief F ...

Core Viewpoint - Nexus Uranium Corp. has joined the Better In Our Back Yard (BIOBY) coalition, emphasizing its commitment to responsible industrial development and community engagement in the U.S. uranium sector [1][2]. Group 1: Company Initiatives - The membership in BIOBY supports Nexus's focus on responsible mineral development, particularly as it advances its U.S. uranium portfolio, including the Chord Project in South Dakota [2]. - Nexus is pursuing inclusion in the FAST-41 program, which aims to streamline environmental reviews and permitting for infrastructure projects, potentially benefiting uranium projects that enhance U.S. energy security [3]. Group 2: Advocacy and Community Engagement - BIOBY advocates for projects that demonstrate environmental responsibility, economic value, and community collaboration, aligning with Nexus's approach to developing domestic uranium resources [2][4]. - The coalition aims to create a thriving economy while protecting the environment, recognizing the interdependence of mining, manufacturing, and local businesses [5]. Group 3: Company Overview - Nexus Uranium is a Canadian exploration company focused on uranium projects in North America, holding several projects in South Dakota and Wyoming, as well as in Saskatchewan, Canada [6].

Nuclear Power - President Trump signed four executive orders on May 23, 2025, aimed at initiating a nuclear renaissance to meet the energy demands of AI data centers and domestic manufacturing [2] - The orders required the Nuclear Regulatory Commission (NRC) to expedite reactor licensing timelines and mandated the Department of Energy to have at least three advanced pilot reactors operational by July 4, 2026 [3] - Following these announcements, uranium miners like Uranium Energy Corp. and Centrus Energy Corp. experienced over 20% stock price increases, while small modular reactor companies like Oklo, Inc. and NuScale Power Corp. saw triple-digit gains throughout the year [4] Space - A series of executive orders in 2025 led to a significant rally in the space sector, increasing the total market capitalization of leading U.S. space companies from approximately $450 billion to over $1.3 trillion by year-end [6] - The momentum began with an April 15 executive order promoting commercial solutions in federal contracts and peaked with the December 18 order focused on American space superiority [6] - Following the December announcement, stocks like Intuitive Machines, Inc. and Rocket Lab Corp. experienced double-digit single-day gains, while defense contractors like L3Harris Technologies, Inc. also saw upward trends [8] Quantum Computing - On January 23, 2025, an executive order was signed to prioritize quantum research alongside AI to maintain U.S. leadership over global competitors [9] - A subsequent order on May 23 directed the Department of Energy to address 20 specific technology challenges in the quantum sector [9] - The most significant market movement occurred in October 2025 when reports emerged about the administration considering direct equity stakes in domestic quantum firms, leading to a surge in shares of companies like IonQ, Inc. and Rigetti Computing, Inc. [10][11]

Market Overview - U.S. stocks opened 2026 with modest gains, with the Dow Jones Industrial Average and S&P 500 rising, while the Nasdaq Composite lagged behind, reflecting cautious optimism after a strong 2025 for equities [1] - Trading volumes were light, indicating a rebound from late-December weakness [1] Sector Performance - Chipmakers, particularly Nvidia and Micron, led early gains due to ongoing enthusiasm around AI demand, although weakness in several megacap technology and consumer discretionary stocks limited broader market gains [2] Economic Outlook - Investors are focusing on upcoming economic data and Federal Reserve signals to assess the outlook for rates and growth in 2026, with strategists cautioning that early January market movements may not dictate future trends [3] Bullish Stocks - Nike, Inc. shares rose nearly 3% following insider buying, which is seen as a vote of confidence in the company's turnaround strategy, with CEO Elliott Hill purchasing approximately $1 million in shares [4] - Energy Fuels Inc. exceeded its production guidance, mining over 1.6 million pounds of uranium and projecting Q4 sales around 360,000 pounds, generating approximately $27 million in revenue [6] - A potential SpaceX IPO in 2026 could significantly impact the market, potentially leading to capital rotation from Tesla as investors buy SpaceX shares, while ultimately benefiting Elon Musk-linked companies [5] Bearish Stocks - U.S.-listed Chinese tech stocks, including Alibaba, JD.com, and PDD Holdings, declined due to thin holiday trading volumes and disappointing economic data from China, reflecting broader market weakness [7] - Ultragenyx Pharmaceutical and Mereo BioPharma shares fell to 52-week lows after a late-stage clinical trial for a bone disease therapy failed to meet its primary endpoint [8] - Corcept Therapeutics shares dropped sharply following an FDA refuse-to-file letter for its investigational drug relacorilant, which surprised investors and led to reassessment of the company's regulatory pathway [9]

Core Insights - Energy Fuels Inc. (NYSEAmerican:UUUU) has shown significant stock performance, increasing by 14.72% to $16.68, driven by investor interest in uranium stocks amid seasonal demand for heating [1] - The company has exceeded its uranium production and sales guidance for the full year 2025, producing 1.6 million pounds of uranium from its Pinyon Plain Mine and La Sal Complex [2] - Energy Fuels has secured two new long-term uranium sales contracts with US nuclear power companies, enhancing its sales pipeline for the years 2027 to 2032 [2] Production and Development - The Pinyon Plain Mine and La Sal Complex have collectively produced 1.6 million pounds of uranium in 2025, surpassing the higher end of the company's production targets [2] - Future drilling is planned in the Juniper Zone at the Pinyon Plain to further delineate the ore body and potentially expand mineable resources [2] - Ongoing development work is being conducted at the Whirlwind, Energy Queen, and Nichols Ranch Mines, which are fully permitted and substantially developed for future mining [2] Market Position - Energy Fuels Inc. is positioned favorably within the uranium market, benefiting from increased consumption of power for heating needs during the winter season [1] - The company is part of a broader trend in the uranium sector, alongside peers like Cameco Corp., Uranium Energy Corp., and NexGen Energy, indicating a collective market strength [1]

Core Insights - Cameco is positioned to benefit from the expansion of nuclear power, with significant stock price increases in the nuclear energy sector, including an 81% rise in Cameco's stock over the past year [1][2] Company Overview - Cameco is a leading uranium miner in North America, controlling high-grade uranium mines in Canada and holding stakes in Kazakhstan and Australia [3] - The company also provides uranium processing services, refining uranium concentrates into uranium trioxide for reactor fuel [3] Strategic Investments - Cameco's acquisition of a 49% stake in Westinghouse Electric in late 2023 diversifies its revenue streams and enhances its position in the nuclear value chain [4][5] - The partnership with Westinghouse allows Cameco to benefit from revenue generated through Westinghouse's services, maintenance, and construction profits, with a reported 78% year-over-year increase in adjusted EBITDA to $569 million in the first nine months of 2025 [7] Market Opportunities - A partnership with the U.S. government aims to build at least $80 billion worth of new reactors, addressing the energy demands of AI and data centers [9] - Westinghouse's AP1000 reactor, which is fully licensed and uses passive safety systems, is becoming a preferred choice for countries seeking to reduce reliance on Russian or Chinese energy [10][11] Future Growth Potential - Analysts project strong growth for Cameco, with earnings per share expected to increase by 47% in 2026 and by another 33% in 2027, despite the stock trading at high valuation multiples [14] - The Westinghouse stake provides Cameco with options for growth, whether uranium prices remain stable or increase significantly [16]