Greenvale $1.8m placement to fast-track uranium exploration

Greenvale $1.8m placement to fast-track uranium exploration

Greenvale Energy (GRV:AU) has announced Greenvale $1.8m placement to fast-track uranium exploration

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Menel Energy and Resources Limited - News Release Pursuant to: National Instrument 62-103

Menel Energy and Resources Limited - News Release Pursuant to: National Instrument 62-103

Menel Energy and Resources Limited ("Menel") announces that on May 5, 2025, it acquired ownership of 138,710,000 units of securities of GoviEx Uranium Inc. at a price of $0.05 per unit for total consideration of $6,935,500 pursuant to a non-brokered private placement offering. Each unit is comprised of one Class A common share ("Common Share") and one share purchase warrant, with each warrant entitling the holder to purchase one additional Common Share of GoviEx for 24 months at a price of US$0.051 per share.

Prior to participation in the private placement, Menel did not have ownership and control, directly and indirectly, of any securities of GoviEx. Participation in the private placement results in Menel having ownership and control, directly and indirectly, of a total 138,710,000 Common Shares and 138,710,000 share purchase warrants of GoviEx, an increase of approximately 13.56% on a non-diluted basis and 22.51% when assuming exercise of all share purchase warrants held or control by Menel, for a total of approximately 13.56% of the issued and outstanding Common Shares of GoviEx on a non-diluted basis and 22.51% when assuming exercise of all share purchase warrants held or controlled by Menel.

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GoviEx Successfully Closes Upsized $10.5 Million Private Placement Led by Strategic Zambian Group and Supported by GoviEx Insiders

GoviEx Successfully Closes Upsized $10.5 Million Private Placement Led by Strategic Zambian Group and Supported by GoviEx Insiders

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or the "Company") is pleased to announce the closing of its previously disclosed, upsized private placement offering (the "Offering") for aggregate gross proceeds of approximately $10,470,600 CAD. A total of 209,412,000 Units (the "Units") were sold at a price of $0.05 CAD per Unit (the "Offering Price").

A privately held, multi-sector Zambian investment Group (the "Group") anchored the financing. With interests spanning agriculture, natural-resource and power assets, and financial services, the Group now holds an initial, material equity position in GoviEx, establishing a partnership aligned with the development of the Company's Muntanga Project.

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Energy Outlook: World Edition

Energy Outlook: World Edition

Energy Outlook: World Edition

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The Investing News Network is a growing network of authoritative publications delivering independent, unbiased news and education for investors. We deliver knowledgeable, carefully curated coverage of a variety of markets including gold, cannabis, biotech and many others. This means you read nothing but the best from the entire world of investing advice, and never have to waste your valuable time doing hours, days or weeks of research yourself.

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GoviEx Uranium Announces Upsize of Private Placement to up to $10.5 Million

GoviEx Uranium Announces Upsize of Private Placement to up to $10.5 Million

GoviEx Uranium Inc. (TSXV: GXU) ("GoviEx" or the "Company") is pleased to announce that, due to significant investor demand, it has upsized its private placement. Further to its news release of 30 April 2025 in which the Company announced a private placement financing of up to 160,000,000 units at a price of $0.05 per Unit for aggregate gross proceeds of up to $8.0 million, the Company is now increasing the private placing financing up to 210,000,000 (the "Units") at a price of $0.05 per Unit (the "Issue Price"), for aggregate gross proceeds of up to $10.5 million (the "Offering").

The Units to be issued under the private placement will be Hold Units only and pursuant to the exemptions under National Instrument 45-106 - Prospectus Exemptions ("NI 45-106") including the accredited investor exemption. Hold Units will be subject to the statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

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Cameco Reports Q1 Results: Strong Consolidated Financial and Operational Results; Average Realized Price Benefitting From Long-Term Contracting Strategy; Full-Cycle Market Fundamentals Remain Positive

Cameco Reports Q1 Results: Strong Consolidated Financial and Operational Results; Average Realized Price Benefitting From Long-Term Contracting Strategy; Full-Cycle Market Fundamentals Remain Positive

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2025, in accordance with International Financial Reporting Standards (IFRS).

"Cameco's first quarter performance across our uranium, fuel services, and Westinghouse segments was robust, reflecting our disciplined strategic alignment and continued positive momentum across the nuclear energy market," said Tim Gitzel, Cameco's president and CEO. "We've repeatedly highlighted our view that full-cycle demand is more durable than ever, and the perseverance of the positive nuclear market momentum through recurring cycles of uncertainty, has served to reinforce that perception of durability. The market has faced challenges to Central Asian supply, the unexpected remapping of global geopolitics and flows across the nuclear fuel cycle, and now, the unstable and unpredictable global economic environment and trade turmoil that is impacting every country. Through it all, nuclear energy has maintained strong, if not growing support based on its key attributes that back energy security, national security, and climate security.

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