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Denison Mines (DNN) – Among the Energy Stocks that Gained This Week
Yahoo Finance· 2026-01-08 05:12
Core Insights - Denison Mines Corp. (NYSEAMERICAN:DNN) experienced a significant share price increase of 24.71% from December 30, 2025, to January 6, 2026, making it one of the top-performing energy stocks during that week [1]. Company Developments - Denison Mines is a uranium exploration and development company focused on the Athabasca Basin region in northern Saskatchewan, Canada [2]. - On January 2, Denison Mines announced readiness to make a positive final investment decision (FID) and commence construction of the Phoenix in-situ recovery uranium mine, pending final regulatory approvals, with first production targeted for mid-2028 [3]. - David Cates, President and CEO, highlighted the company's readiness to start construction on the Phoenix ISR mine, following significant investment and progress, and the conclusion of the CNSC public hearing [4]. Market Support - On January 5, Denison Mines received a boost when Canaccord raised its price target from C$4.4 to C$5 while maintaining a 'Speculative Buy' rating [5]. - The company benefited from a surge in uranium prices, with US uranium futures reaching a two-month high on January 6, driven by US government awards for domestic uranium providers and increased buying by physical uranium funds [6].
Global Uranium and Enrichment Limited's Scheme Booklet Dispatched for Securityholders Meetings to Approve the Snow Lake Acquisition
TMX Newsfile· 2025-12-23 12:30
Core Viewpoint - Snow Lake Resources Ltd. has announced the dispatch of the Scheme Booklet by Global Uranium and Enrichment Limited to its securityholders, which is a significant step in the proposed acquisition process [1][11]. Group 1: Scheme Booklet Dispatch - GUE has completed the dispatch of the Scheme Booklet to all GUE Securityholders, in compliance with court orders [2][11]. - An Opt-in Notice is available for Selling Scheme Shareholders, allowing them to choose between receiving New Snow Lake Shares or participating in the Sale Facility [2][11]. Group 2: Importance of the Scheme Booklet - GUE Securityholders are advised to read the Scheme Booklet thoroughly, as it contains crucial information regarding voting and the implications of the Scheme Resolutions [4][7]. - The Scheme Booklet includes an Independent Expert's Report, which concludes that the proposed schemes are fair and reasonable for GUE Securityholders in the absence of a Superior Proposal [5][12]. Group 3: Recommendations and Voting - GUE Independent Directors unanimously recommend that securityholders vote in favor of the Scheme, provided there is no Superior Proposal and the Independent Expert maintains that the Scheme is in their best interests [6][12]. - Each GUE Independent Director intends to vote in favor of the Share Scheme or Option Scheme for the shares and options they control [6][12]. Group 4: Company Overview - Snow Lake Resources Ltd. is a Canadian company focused on uranium exploration and development, listed on NASDAQ under the ticker LITM, with projects in the U.S. and interests in next-generation uranium enrichment [9].
Global Uranium and Enrichment Limited's Scheme Booklet Registered with the Australian Securities and Investments Commission
TMX Newsfile· 2025-12-22 12:30
Winnipeg, Manitoba--(Newsfile Corp. - December 22, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, announces that Global Uranium and Enrichment Limited's ("GUE") Scheme Booklet has today been registered by the Australian Securities and Investments Commission ("ASIC").As previously announced by Snow Lake:On October 26, 2025 in relation to the proposed acquisition by Snow Lake of all of the fully paid ordinary shares in GUE ...
Results of First Australian Court Hearing re Snow Lake's Acquisition of Global Uranium and Enrichment Limited
TMX Newsfile· 2025-12-19 13:30
Core Viewpoint - Snow Lake Resources Ltd. is progressing with its acquisition of Global Uranium and Enrichment Limited, involving a share scheme and option scheme to facilitate the transaction [1][2]. Acquisition Details - Snow Lake intends to acquire all fully paid ordinary shares in GUE that it does not currently own, along with the cancellation of unlisted GUE options [1]. - The acquisition will be executed through a Share Scheme and an Option Scheme under the Corporations Act 2001 [1]. Court Approval - The Federal Court of Australia has approved the dispatch of an explanatory statement to GUE securityholders regarding the Schemes, along with notices for the upcoming Scheme Meetings [2]. Scheme Meetings - The Scheme Meetings are scheduled for January 27, 2026, in Sydney, Australia, with the Share Scheme Meeting at 10:00 am (AEDT) and the Option Scheme Meeting following at 11:00 am (AEDT) [3]. - GUE shareholders and optionholders registered by January 25, 2026, will be eligible to vote at their respective meetings [4]. Voting Instructions - GUE securityholders unable to attend the meetings are encouraged to submit a directed proxy before the meetings [5]. - Detailed participation information will be provided in the Scheme Booklet [5]. Scheme Booklet - The Scheme Booklet will be released on GUE's ASX market announcements platform and will also be available on GUE's website [6]. Board Recommendations - The Independent GUE Board has unanimously recommended that shareholders and optionholders vote in favor of the Schemes, pending no Superior Proposal arises and the independent expert's favorable conclusion [8]. - The Independent GUE Board members intend to vote in favor of the Schemes, representing 5,270,594 GUE shares and 750,000 GUE options as of the announcement date [9]. Company Overview - Snow Lake Resources Ltd. is a Canadian company focused on uranium exploration and development, with projects in the U.S. and interests in next-generation uranium enrichment and critical minerals [11].
NexGen Energy Ltd. (NXE) Benefitted from a Surge in Spot Uranium Prices
Yahoo Finance· 2025-12-12 13:29
Core Insights - L1 Long Short Fund achieved a return of 13.3% in Q3 2025, with a year-to-date performance of 28.7% driven by dovish Fed commentary, strong U.S. earnings, and momentum in A.I. investment [1] - The portfolio benefited from rising Gold and Copper prices, with 19 stocks contributing over 0.5% to returns [1] Company Highlights - NexGen Energy Ltd. (NYSE:NXE) is a key investment in the L1 Long Short Fund, focusing on uranium properties in Canada [2][3] - NexGen Energy Ltd. reported a one-month return of 15.42% and a 52-week gain of 25.73%, with a closing stock price of $9.43 and a market capitalization of $6.173 billion as of December 11, 2025 [2] - The fund emphasizes investing in companies with tier one projects in Western jurisdictions, considering them as globally strategic assets [3]
Noble Plains Uranium Achieves 87% Success Rate with Strong Initial Drill Results from First Eight Holes at Duck Creek Project in Wyoming
Newsfile· 2025-12-01 13:00
Core Insights - Noble Plains Uranium Corp. has reported an 87% success rate from the initial eight drill holes at the Duck Creek Project in Wyoming, indicating strong potential for uranium mineralization [1][2][8] Drill Results - The first eight drill holes have exceeded expectations, with seven of them intersecting uranium mineralization averaging five times above the industry standard Grade-Thickness (GT) cut-off of 0.2, achieving an average GT of 1.0 [2][6] - The average thickness of intercepts in the first seven holes is 17.6 feet, with an average grade of 0.057% eU3O8 [2][6] - Detailed results from the drill holes include various depths, lengths, and grades, with the highest GT recorded at 1.29 for hole 25-28-001 [2][3] Exploration Target - A Technical Report filed on August 14, 2025, outlined an exploration target ranging from 2.37 million tons at 0.03% U₃O₈ to 5.45 million tons at 0.05% U₃O₈, based on assumed GT values [5] - The average GT of 1.0 from the initial results is approximately 67% higher than the upper range GT of 0.598 used in the Technical Report, indicating stronger than anticipated mineralization [6] Drilling Program Overview - The Duck Creek drill program is permitted for up to 37,400 feet across approximately 150 holes, focusing on three key objectives: confirmation of historic data, expansion of shallow mineralization, and first-ever drilling of the Fort Union Formation [9][11][12] - The program aims to verify 1,317 historic intercepts and extend mineralized boundaries along the 3-mile-long Wasatch roll-front corridor [9][11] Company Strategy - The company aims to identify undervalued brownfield projects and convert legacy data into quantifiable resources, with a focus on rapid delineation of NI 43-101 compliant resources [16][8] - Ongoing drilling and the release of results in batches are intended to maintain transparency and demonstrate progress towards a resource estimate in the first half of 2026 [15]
Terra Clean Closes the Acquisition of the Past Producing Uranium Claims in San Rafael Swell, Utah, United States
Thenewswire· 2025-11-12 12:30
Core Insights - Terra Clean Energy Corp has issued 750,000 common shares to property owners of mining assets in Emery County, Utah, as part of agreements to earn interests in the Wheel Anne Claims and Green Vein Mesa Claims [1] - A site visit and sampling program is scheduled to take place within the next two weeks to prepare for a drilling program, focusing on the mineralized contact between the Moenkopi and Chinle formations [2] - The company is confident in the potential for uranium recovery from the Green Vein Mesa and Wheel Anne claim groups, with a focused drill program planned to assess uranium presence [3] - Recent financing has provided the company with the necessary funding for its initial work program, including drilling, which is expected to unlock significant value for shareholders [4] Company Overview - Terra Clean Energy is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project in Saskatchewan and past producing uranium mines in Emery County, Utah [6] Technical Information - The technical information in the news release has been prepared in accordance with Canadian regulatory requirements and reviewed by the company's Vice President of Exploration, who is a Qualified Person [7]
TERRA CLEAN PROVIDES CORPORATE UPDATE
Globenewswire· 2025-11-07 12:30
Core Viewpoint - Terra Clean Energy Corp. is holding its annual general meeting on December 8, 2025, where shareholders will vote on the re-election of current directors and the election of two new directors [1] Company Updates - The company will re-elect current directors Greg Cameron, Alex Klenman, and Tony Wonnacott, and elect Michael Gabbani and Brian Polla as new directors [1] - CEO Greg Cameron expressed enthusiasm for the new board members, highlighting Michael Gabbani's extensive experience in the nuclear industry and Brian Polla's entrepreneurial background [2] New Board Members - Michael Gabbani has over 30 years of experience in the nuclear energy sector, having worked with Atomic Energy of Canada Limited and GE Hitachi Energy, and has been an advocate for the Canadian nuclear industry [3] - Brian Polla brings over 25 years of experience in manufacturing and business development, with a history of leading successful ventures in the industrial sector [4] Financial Clarifications - The company clarified details regarding a recent non-brokered private placement, disclosing finders' fees totaling C$148,868.01 and 848,783 non-transferrable finder warrants at an exercise price of C$0.14 per share for 36 months [5] Company Profile - Terra Clean Energy Corp. is focused on uranium exploration and development, currently working on the South Falcon East uranium project, which has an inferred resource of 6.96 million pounds of uranium [6]
Terra Clean Provides Corporate Update
Thenewswire· 2025-11-07 12:30
Core Viewpoint - Terra Clean Energy Corp. is preparing for its annual general meeting on December 8, 2025, where shareholders will vote on the re-election of current directors and the election of two new directors [1][2]. Company Developments - The company will re-elect current directors Greg Cameron, Alex Klenman, and Tony Wonnacott, and elect Michael Gabbani and Brian Polla as new directors [1]. - CEO Greg Cameron expressed enthusiasm for the new board members, highlighting Gabbani's extensive experience in the nuclear industry and Polla's entrepreneurial background [2]. New Board Members - Michael Gabbani has over 30 years of experience in the nuclear energy sector, having worked with Atomic Energy of Canada Limited and GE Hitachi Energy, and has been an advocate for the Canadian nuclear industry [3]. - Brian Polla brings over 25 years of experience in manufacturing and business development, with a track record of leading successful ventures and expertise in metal fabrication and process optimization [4]. Financial Clarifications - The company clarified details regarding a recent non-brokered private placement, disclosing finders' fees totaling C$148,868.01 and 848,783 non-transferrable finder warrants at an exercise price of C$0.14 per share for 36 months [5]. Company Overview - Terra Clean Energy Corp. is focused on uranium exploration and development, currently working on the South Falcon East uranium project, which has an inferred resource of 6.96 million pounds of uranium [6].
Terra Clean Closes $2.5 Million Life Offering
Thenewswire· 2025-11-05 12:30
Core Points - Terra Clean Energy Corp. has successfully closed a non-brokered private placement offering, issuing 17,641,293 units for gross proceeds of $2,469,781.02 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.17 for 36 months [1] - The net proceeds will be used for the purchase price of Utah claims, future exploration and development costs, and general working capital [2] Offering Details - The offering was conducted under the Listed Issuer Financing Exemption, allowing the units to be issued without a hold period under Canadian securities laws [3] - Finders' fees included total cash of $116,359.60 and 831,140 non-transferrable finder warrants, exercisable at C$0.14 for 36 months [4] Company Overview - Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project with a resource of 6.96 million pounds of inferred uranium [6] - The company also has interests in past producing uranium mines in Utah, United States [6]