CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the "Company" or "Traction") is pleased to announce that it intends to consolidate the common shares of the Company ("Common Shares") on a three-to-one basis (the "Consolidation"). The Company has 10,949,093 Common Shares outstanding and, if completed, the proposed Consolidation would reduce the issued and outstanding Common Shares to approximately 3,649,697 Common Shares. Forward-Looking Statemen ...

[CC may contain inaccuracies] Copper, the star of the show for BHP this time around. Can you tell us what's your outlook for the copper business heading into the second half. Yeah, very pleased with the copper performance and the half along with the rest of the portfolio, Paul.For the first time, 50%, more than just about 50% of our earnings EBITDA came from copper and performance across our assets has been very good. To take example of Escondida, which is our largest mine that we run in Chile. We are revis ...

Denison Announces Award of Construction Management Contract to Wood Canada for the Phoenix Uranium Mine [Accessibility Statement] Skip NavigationTORONTO, Feb. 17, 2026 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML; NYSE American: DNN) is pleased to announce that, following a competitive tender process, it has awarded Wood Canada Limited ("Wood"), a global leader in consulting and engineering, with the construction management contract (the "CM Contract") to oversee the building of ...

Key HighlightsUranium enrichment intersected in every drill hole at Loki, a strong indicator of a large, active mineralizing systemFirst confirmed uranium at the unconformity in the NE Thelon BasinStrong geochemical and isotopic signatures confirm uranium-bearing fluid flow across multiple targetsExtensive alteration, structure, and uranium enrichment consistent with major unconformity-style uranium systemsMultiple large, under-tested targets across Aberdeen support district-scale upside and follow-up dril ...

Kelowna, British Columbia--(Newsfile Corp. - February 17, 2026) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) ("Strathmore Plus" or "the Company") is pleased to announce the initiation of a non-brokered private placement (the "Offering") to raise gross proceeds up to $1,000,000 from the sale of 6,666,666 units of the Company (each, a "Unit") at a price of C$0.15 per Unit. This news release may contain certain "forward-looking statements." Forward-looking statements involve known and unknow ...

Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) is pleased to announce that the Company will be presenting at Red Cloud's Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us. The conference will be held in-person at The Omni King Edward Hotel on February 26-27, 2026. Dev Randhawa - Chairman & CEO will be present on February 27th at 10:00 AM Eastern Standard time, providing an update on the Company’s Strategy, recent ...

Core Viewpoint - Terra Clean Energy Corp has successfully acquired 2,068 acres of new uranium exploration claims and three strategic Wyoming State Leases, expanding its uranium exploration portfolio by a total of 3,395 acres [1][2]. Acquisition Details - The company staked 100 unpatented Bureau of Land Management (BLM) claims and acquired three Wyoming State Leases covering 1,327 acres [1][3]. - The total cash payments required for the state leases amount to US$45,000, with specific payment deadlines outlined [3]. Geological Context - The acquired land is situated along the south flank of the Washakie Basin, an area known for its uranium mineralization [4]. - The geological formation underlying the area is the Miocene aged Browns Park Formation, recognized for hosting roll-front style uranium deposits [7]. Historical Significance - The staked ground includes two historical uranium occurrences, with sample grades recorded at 0.375%, 0.083%, and 0.058% U3O8 [8]. - Previous mining activities have occurred approximately 75 km east of the project area, indicating a history of uranium production in the region [7]. Company Profile - Terra Clean Energy Corp is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project, which holds a 6.96 million pound inferred uranium resource [13].

Core Viewpoint - Terra Clean Energy Corp has successfully acquired 2,068 acres of new uranium exploration claims and three strategic Wyoming State Leases, expanding its uranium exploration portfolio by a total of 3,395 acres [1][2]. Acquisition Details - The company staked 100 unpatented Bureau of Land Management (BLM) claims and acquired three Wyoming State Leases covering 1,327 acres [1][3]. - The total cash payments required for the state leases amount to US$45,000, with specific payment deadlines outlined [3]. Geological Context - The acquired land is situated along the south flank of the Washakie Basin, an area known for its uranium mineralization [4]. - The geological formation underlying the area is the Miocene-aged Browns Park Formation, recognized for hosting roll-front style uranium deposits [6][11]. Historical Significance - The staked ground includes two historical uranium occurrences, with sample grades recorded at 0.375%, 0.083%, and 0.058% U3O8 [7]. - Previous mining activities have occurred approximately 75 km east of the project area, indicating a history of uranium production in the region [6]. Company Profile - Terra Clean Energy Corp is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project, which holds a 6.96 million pound inferred uranium resource [12].

Core Insights - Alligator Energy has completed both dry and wet commissioning at its Samphire Uranium Project pilot plant, marking a significant de-risking event for the company [1][3] - The company is preparing to transition into live operations, with a field recovery trial (FRT) set to commence next week [3][5] Group 1: Project Milestones - The successful commissioning aligns with the previously provided schedule, indicating strong internal capabilities and team quality [4] - The immediate next steps include energizing the plant and final technical preparations by on-site engineers [4] Group 2: Future Operations - The first test pattern pre-conditioning is expected to begin next week, serving as a preliminary stage for uranium extraction [5] - The upcoming months will be characterized by high activity, including the FRT, resource upgrades, and expanded drilling programs [5][6] Group 3: Operational Expansion - Alligator has recruited a full operations team to support the FRT [6] - Aggressive drilling is scheduled to start this quarter at both Samphire and Big Lake, contingent on weather conditions [6] - The company is also working on mining lease permits and a bankable feasibility study, which are crucial for future operational activities [6]

Financial Data and Key Metrics Changes - The company's underlying EBITDA grew by 25%, with an increased margin of 58% [10] - Underlying attributable profit reached $6.2 billion, and return on capital employed was 24%, both significantly up from the previous year [10] - An interim dividend of $0.73 per share was declared, representing a 46% increase half-on-half, with a total half-year dividend of $3.7 billion and a payout ratio of 60% [4][10] Business Line Data and Key Metrics Changes - Copper business generated a record $8 billion of EBITDA, accounting for over half of the group total, with a margin of 66% [11] - Production in copper increased by 2%, while gold production rose by 12% in Copper South Australia, leading to a more than 50% reduction in unit costs [12] - Western Australia Iron Ore achieved record first-half production and shipments, with C1 costs up only 1% to $17.66 per ton, maintaining its position as the lowest-cost major iron ore producer globally [12] Market Data and Key Metrics Changes - Global demand for copper is projected to grow by around 70% between 2021 and 2050, driven by traditional economic growth, energy transition, and increased data center needs [22] - The company expects to generate around $60 billion in attributable free cash flow over the next five years, even in a prolonged low-price environment [13] Company Strategy and Development Direction - The company's strategy focuses on investing in highly attractive commodities, operating world-class assets, and maintaining disciplined capital allocation [4][8] - Plans to grow copper production by around 40% by 2035, with a capital-efficient, predominantly brownfield growth approach [21] - The company aims to unlock up to $10 billion in capital for reinvestment into higher-returning opportunities and increased shareholder returns [4][16] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the business's ability to thrive amid favorable commodity demand and supportive policy environments, particularly in China and India [18][19] - The company is well-positioned to benefit from tight supply and strong fundamentals in the commodities market [19] Other Important Information - The company has made significant progress in its capital allocation framework, including a valuable silver streaming agreement related to Antamina's future silver production, unlocking $4.3 billion in cash [14][15] - The company is advancing its plans for the Jansen Potash asset, expected to deliver around $1 billion of EBITDA per year per stage, with margins above 60% [21] Q&A Session Summary Question: What is the outlook for copper production growth? - The company has raised production guidance for financial year 2026 and 2027, expecting to deliver over 500,000 more tons over the next five years compared to previous estimates, which could result in an additional $5 billion of EBITDA [23][24] Question: How does the company plan to manage costs amid increasing competition? - The company has maintained its position as the world's lowest-cost major iron ore producer and aims to reduce costs further while increasing production volumes [20]