IIROC Trading Resumption - FIND

Trading resumes in:

Company: Baselode Energy Corp.

TSX-Venture Symbol: FIND

All Issues: Yes

Resumption (ET): 11:00

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

Cision View original content: https://www.newswire.ca/en/releases/archive/October2021/13/c0166.html

News Provided by Canada Newswire via QuoteMedia

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Baselode Energy


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Nuclear reactors against blue sky.

Energy Fuels: Uranium's Moment Has Arrived, Now it's Time to Capitalize

Speaking at the Prospectors & Developers Association of Canada (PDAC) convention, Curtis Moore of Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) weighed in on uranium market dynamics, from supply and demand to prices.

He also discussed how Energy Fuels is navigating the sector given today's much-improved dynamics.

"These are great (price) levels for us as a uranium producer. We can profitably produce uranium at these levels," he said. "And so again, this is something we've been waiting for for a long time now. It's time to capitalize."

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Global Atomic Reports on the Announcement by Niger to terminate Military Cooperation with the United States

Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) reports that the Republic of Niger announced its intention to terminate its military cooperation agreement with the United States which has a large military base in Niger.  It remains unclear if a withdrawal of US troops will be required by Niger as the US military base is used to patrol a larger section of the Sahel region beyond Niger's borders.

Global Atomic - TSX30 - OTC (CNW Group/Global Atomic Corporation)

Stephen G. Roman , President and CEO commented, "With the situation in Niger being fluid, in addition to current advanced discussions with project lenders, the Company is also pursuing other financing strategies to meet its project funding requirements.   Given strong third-party interest in Global Atomic's high-grade uranium project and our plans for near-term production, there are many groups interested in funding the Dasa Project.  The Company will assess these options, monitor events in Niger and keep shareholders appraised."

About Global Atomic

Global Atomic Corporation ( https://www.globalatomiccorp.com ) is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production.

The Company's Uranium Division has identified three additional deposits in Niger additional to the large, high-grade Dasa Project, discovered in 2010 by Global Atomic geologists through grassroots field exploration. With the issuance of the Dasa Mining Permit and an Environmental Compliance Certificate by the Republic of Niger , the Dasa Project is fully permitted for commercial production. Mine excavation began in Q1 2022, and commissioning of the processing plant is expected at the end of 2025/ beginning 2026.

Global Atomic's Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a modern zinc production plant, located in Iskenderun, Türkiye. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world. The Company's joint venture partner, Befesa Zinc S.A.U. (Befesa) holds a 51% interest in and is the operator of the BST Joint Venture. Befesa is a market leader in EAFD recycling, with approximately 50% of the European EAFD market and facilities located throughout Europe , Asia and the United States of America .

The information in this release may contain forward-looking information under applicable securities laws.  Forward-looking information includes, but is not limited to, statements with respect to completion of any financings; Global Atomics' development potential and timetable of its operations, development and exploration assets; Global Atomics' ability to raise additional funds necessary; the future price of uranium; the estimation of mineral reserves and resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production, development and exploration; cost of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental and permitting risks.   Generally, forward-looking statements can be identified by forward-looking terminology such as "plans", "is expected", "estimates", variations of such words and phrases or statements that certain actions, events or results "could", "would", "might", "will be taken", "will begin", "will include", "are expected", "occur" or "be achieved".  All information contained in this news release, other than statements of current or historical fact, is forward-looking information.   Statements of forward-looking information are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Global Atomic to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Global Atomic and in its public documents filed on SEDAR from time to time.

Forward-looking statements are based on the opinions and estimates of management at the date such statements are made.  Although management of Global Atomic has attempted to identify important factors that could cause actual results to be materially different from those forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance upon forward-looking statements.  Global Atomic does not undertake to update any forward-looking statements, except in accordance with applicable securities law.  Readers should also review the risks and uncertainties sections of Global Atomics' annual and interim MD&As.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this news release.

Global Atomic Corporation (CNW Group/Global Atomic Corporation)

SOURCE Global Atomic Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2024/18/c4759.html

News Provided by Canada Newswire via QuoteMedia

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Toro Energy

Drill Planning for Uranium Pilot Plant Commences

Sonic core drilling will aim to deliver first ore from Wiluna Uranium Project to Pilot Plant

Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) is pleased to announce that planning is well advanced to commence a large sonic core drill programme on its Wiluna Uranium-Vanadium (U-V) Project (Figure 1) in Western Australia. The aim of this drilling campaign will be to provide bulk, but targeted potential ore, for the upcoming pilot plant programme.

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scott melbye, uranium ore

Scott Melbye: Uranium Still in Early Innings, Historic Bull Market Coming

Scott Melbye discussed the uranium market, as well as plans for Uranium Energy (NYSEAMERICAN:UEC) and Uranium Royalty (NASDAQ:UROY) as prices and sentiment for the energy commodity continue to heat up.

In his view, the uranium story is nothing like that of lithium, whose price has fallen significantly after running up.

"The fundamentals behind uranium supply and demand — the demand for nuclear power, which is driving the need for uranium and new mine production — couldn't be more different than where lithium is today," Melbye said. "We're still very much in the first or second inning of what is going to be a historic bull market."

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Trinex Minerals

Diamond Drilling Commences at the Gibbons Creek Uranium Project

Trinex Minerals Limited (ASX: TX3) (Trinex Minerals or the Company) is pleased to announce that the winter 2024 diamond drilling program at the Gibbons Creek Uranium Project in Northern Saskatchewan has commenced (Figure 1).

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asx symbol with uranium ore

Top 3 ASX Uranium Stocks of 2024

Uranium has broken out, with the spot price rising to a 16-year high of US$106 per pound in 2024.

Although the market's turnaround has taken time, experts are predicting a bright future as countries around the world pursue clean energy goals. Against that backdrop, some ASX-listed uranium companies have been making moves.

Below the Investing News Network has listed the top uranium stocks on the ASX by year-on-year gains. Data was gathered using TradingView's stock screener on March 7, 2024, and all companies included had market caps above AU$50 million at the time. Read on to learn more about these firms and what they've been up to over the last 12 months.

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Baselode Energy

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