Accessibility StatementSkip Navigation Call Option Targets Exploration This program began with a 5 line-kilometre pole-dipole electrical tomography ("ET") survey to delineate new targets for drilling at the Ivana Gap target. The program aims to follow the southern extension of mineralization at the Ivana Central target (Figure 1) where previous drilling identified a +2.4km long and +1km wide NNW- SSE corridor situated between 40m and 60m depth, open to the north and south. This corridor returned elevated si ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) Forsys is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (“Red Cloud”), as sole underwriter and sole bookrunner, pursuant to which Red Cloud has agreed to ...

Government Support and Historical Context - Citigroup Inc. faced significant financial trouble in 2008, leading to a $25 billion bailout from the U.S. Treasury through TARP [1][2] - The government acquired a 36% stake in Citigroup in exchange for backing $306 billion in loans and investing over $20 billion in warrants and stock, resulting in a profitable exit for the government in 2010 [2] Current Investment Opportunities - Executive Order 14196 is expected to inject trillions into American corporations, with analysts predicting significant stock surges [4] - Companies like Energy Fuels Inc. and Lithium Americas Corp. are highlighted as potential beneficiaries of increased government funding [5][10] Lithium Industry Insights - Lithium Americas is constructing a mine at Thacker Pass, Nevada, projected to produce 160,000 metric tons of lithium annually, with government support potentially solidifying its future [9][12] - The U.S. government may provide a $2.26 billion loan to support the Thacker Pass mine, which has already led to a 145% increase in Lithium Americas' stock since July [10][12] Rare Earth Metals Market - Ucore Rare Metals Inc. is working on rare earth separation technology and has received significant funding from the U.S. Department of Defense, indicating government interest in domestic rare earth processing [20][21] - The U.S. has several rare earth mines under development, and the market is seeing increased interest due to geopolitical factors and the need for domestic supply chains [15][19] Market Performance of Related Stocks - Recent stock performance includes notable increases: Intel Corp. (+14%), Uranium Energy Corp. (+9%), Energy Fuels Inc. (+15%), and Ondas Holdings Inc. (+17%) [8]

Summary of J.P. Morgan's Uranium Market Conference Call Industry Overview - **Industry**: Uranium Market - **Key Analysts**: Bill Peterson (U.S. Clean Tech & Metals Mining) and Milan Tomic (Australia Metals & Mining) [1] Key Points Supply Dynamics - The uranium market is facing tight supply, with spot and term prices increasing approximately 5% year-to-date [3] - Major producers are reducing output: - Kazatomprom plans to cut 2026 production by 10% to 77 million pounds [3] - Cameco is reducing MacArthur River output from 18 million to 13 million pounds [3] - Operational issues at smaller mines in Australia are contributing to supply tightness [3] - Secondary supply from government stockpiles has decreased from 50% of total supply in 2021 to about 15% in 2025, expected to decline further by 2030 [3] - Uranium prices are projected to remain supported over the next few years due to the need for higher prices to incentivize new supply [3] Demand Growth - Global uranium demand is expected to rise from 188 million pounds in 2025 to 230 million pounds by 2030, driven primarily by China [3] - China's demand is projected to grow at a 6.7% CAGR to 2030, while the rest of the world is expected to grow at 2.7-3% [3] - China is building about six new reactors annually, increasing its fleet from 62 to 93 reactors by 2030 [3] U.S. Policy and Energy Security - The U.S. government is focusing on building strategic uranium reserves and supporting a domestic nuclear supply chain [3] - President Trump's executive order aims to expand U.S. nuclear capacity from approximately 100 GW to over 400 GW by 2050 [3] - Increased electricity demand from AI and data centers is driving interest in nuclear power [3] - Utilities are exploring new reactor builds and extending existing plant lifespans, supported by the IRA production tax credits [3] Enrichment Capacity and Geopolitical Factors - Global enrichment demand is expected to rise from 50 million SWU today to 75-100 million SWU per year by 2040 [4] - Russia accounted for over 25% of foreign-origin SWU in 2023, but trade flows are being limited by regulatory frameworks [4] - Potential loss of Russian supply post-2028 could create a 15-20 million SWU deficit, impacting U.S. customers [4] - Congress has allocated $2.7 billion to enhance U.S. enrichment capacity, alongside $700 million from the IRA for HALEU programs [4] Geopolitical Dynamics - Uranium mine supply is concentrated in Kazakhstan (~40%), Canada (~20%), and Africa (~12%) [4] - Kazatomprom faces reserve depletion post-2030, while Canada is expected to increase its role with new projects [4] - Geopolitical issues, such as asset seizures in Niger, add uncertainty to African supply [4] - Key investment catalysts include U.S. strategic reserve announcements, financial activities, production cuts, and new enrichment technologies [4] Additional Insights - The uranium market is at a critical juncture, becoming increasingly reliant on miners' ability to ramp up new supply sources [3] - U.S. and EU utilities currently hold around three years' worth of inventory, reducing the urgency to contract aggressively [3] - Balance in the uranium market is projected around 2028-29 [3] This summary encapsulates the critical insights from the conference call regarding the uranium market's supply-demand dynamics, geopolitical factors, and investment opportunities.

Group 1 - Uranium stocks have experienced significant growth in 2025, indicating a strong demand for nuclear power despite the Sprott Uranium Miners ETF (NYSEARCA: URNM) returning less than half of what gold mining stocks have returned [1] - The total return from uranium investments reflects the increasing interest in nuclear energy as a viable power source [1] Group 2 - The article emphasizes the importance of empirical data in making investment narratives relevant and accessible to investors [1] - It highlights the role of macro drivers in influencing various asset classes, including stocks, bonds, commodities, currencies, and crypto [1]

Group 1 - Energy Fuels Inc. (NYSE:UUUU) has experienced a significant stock rally, with a year-to-date increase of over 215% [1] - The company is involved in uranium exploration and development, as well as the production of vanadium and rare earth elements [2] - Despite the stock's high valuation, there is skepticism about the near-term growth of nuclear power in the U.S., which could take a decade for new plants to be built [1] Group 2 - The recent surge in Energy Fuels' stock price is attributed to a boom in rare earth elements [2] - There are alternative investment opportunities in AI stocks that may offer greater upside potential and lower downside risk compared to Energy Fuels [3]

Market Overview - The U.S. equity market experienced a significant recovery in Q2 2025, rising 23% from its low to end the quarter at a record high [1] - U.S. large-cap stocks gained 11.1% during the quarter, with growth stocks outperforming value stocks [1] Fund Performance - The Meridian Contrarian Fund achieved a return of 16.42% (net) in Q2 2025, surpassing the Russell 2500 Index's return of 8.59% and the Russell 2500 Value Index's return of 7.29% [1] Company Highlight: Cameco Corporation - Cameco Corporation (NYSE:CCJ) is identified as a leading uranium producer, with a one-month return of 10.69% and a 52-week gain of 78.53% [2] - As of September 25, 2025, Cameco's stock closed at $85.66 per share, with a market capitalization of $37.418 billion [2] Investment Thesis on Cameco Corporation - Cameco is recognized as a best-in-class operator in uranium mining, with world-leading reserves and a low-cost production profile [3] - The company has gained attractiveness as global uranium production has fallen below demand, particularly after the 2011 Fukushima disaster [3] - The investment thesis is based on the expectation of recovering uranium prices and renewed interest in nuclear power, which has gained broader investor acceptance [3] - The stock saw a strong rebound in Q2 2025 due to increasing momentum around nuclear power from various stakeholders [3] - The fund engaged in both buying and selling shares of Cameco during the quarter, managing risk through net selling into strength [3]

We recently published Massive Gains: 10 Stocks Investors Can’t Stop Buying. Denison Mines Corp. (NYSEAmerican:DNN) is one of the top performers on Thursday’. Shares of Denison Mines grew by 4 percent on Thursday to close at $2.86 apiece as investors loaded positions amid renewed optimism for the uranium and nuclear industries. During the session, a hefty 97 million shares changed hands. Earlier this week, technology giants Nvidia Corp., Alibaba Group, and OpenAI announced a wave of billion-dollar invest ...

Aero Energy and Fortune Bay Announce Commencement of Drilling at the Murmac Uranium ProjectSeptember 26, 2025 6:00 AM EDT | Source: Aero Energy LimitedVancouver, British Columbia--(Newsfile Corp. - September 26, 2025) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero" or the "Company") is pleased to announce that summer drilling has commenced at its Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan near Uranium City. A limited suite of high p ...

Group 1 - Energy Fuels Inc. (NYSE:UUUU) is currently at its 52-week high, and notable investor Jim Cramer has expressed strong support for the stock, indicating a long-term positive outlook on uranium and nuclear stocks [1][2] - The company is involved in the exploration, development, and sale of uranium properties, and it also produces vanadium, rare earth elements, and heavy mineral sands [2] - On August 21, Energy Fuels announced the production of its first kilogram of dysprosium oxide at 99.9% purity at its White Mesa Mill in Utah, marking a significant achievement in high-purity production in the U.S. [2] Group 2 - The company plans to continue pilot-scale output of dysprosium oxide at a rate of two kilograms per week until reaching a total of 15 kilograms, after which it will shift focus to terbium oxide production, with initial samples expected in Q4 2025 [2]