Nuclear Fuels Increases Private Placement; enCore Energy Corp. to Maintain Pro-Rata Ownership

Nuclear Fuels Increases Private Placement; enCore Energy Corp. to Maintain Pro-Rata Ownership

CSE:NF
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE:NF | OTCQX:NFUNF) ("Nuclear Fuels" or the "Company") announced today an increase to its previously announced private placement ( NF News Release dated June 24, 2024 ) to 2,446,483 units, for gross proceeds of $856,259 as a result of enCore Energy Corp. exercising its right to maintain its pro-rata ownership. Gregory Huffman will be purchasing 2,000,000 units in conjunction with his appointment as Chief Executive Officer of Nuclear Fuels. enCore Energy Corp., a NASDAQ-listed company and Nuclear Fuels' largest shareholder, will purchase 446,483 units to maintain their pro rata share ownership of the Company at 18.3%. Each unit consists of one common share and one-half of one share purchase warrant, each whole warrant entitling the holder to purchase one common share at a price of $0.55 for a period of two years from closing of the offering. Closing of the offering is expected to occur on or before August 12, 2024 .

Nuclear Fuels logo (CNW Group/Nuclear Fuels Inc.)

About Nuclear Fuels Inc.

Nuclear Fuels Inc. is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery ("ISR") amenable uranium projects towards production in the United States of America . Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee Wyoming district under single-company control for the first time since the early 1980s. Currently executing its second drill program at the Kaycee Project, the Company aims to expand on historic resources across a 33-mile trend with over 110 miles of mapped roll-fronts defined by 3,800 drill holes. The Company's strategic relationship with enCore Energy Corp., America's Clean Energy Company™, offers a mutually beneficial "pathway to production," with enCore retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming's prolific Powder River Basin.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE Nuclear Fuels Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2024/06/c6093.html

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Brahm Spilfogel Joins Nuclear Fuels Board of Directors

Brahm Spilfogel Joins Nuclear Fuels Board of Directors

CSE:NF 
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announced today the appointment, effective immediately, of Mr. Brahm Spilfogel to the Board of Directors. Mr. Spilfogel also will serve as a member of the Audit Committee and the Compensation Committee. In association with this appointment, the Company announces a $98,750 CDN private placement with Mr. Spilfogel participating for a total of 250,000 shares at a price of $0.395 per common share.

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Nuclear Fuels Releases Technical Report for the Kaycee Uranium Project

Nuclear Fuels Releases Technical Report for the Kaycee Uranium Project

Exploration Target Identified of 11.5 to 30 Million Pounds

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") today released a NI 43-101 Technical Report for the Kaycee In-Situ Recovery ("ISR") Uranium Project located in Wyoming's Powder River Basin.  The Technical Report, prepared by WWC Engineering, has identified an exploration target of 11.5 to 30 million pounds of uranium ("U 3 O 8 ") supported by available historical data from previous operators and recent exploration recently conducted by Nuclear Fuels.

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Nuclear Fuels Extends Spur Zone Mineralization Over 1,000 Feet and Reports Best Intercept to Date from the Saddle Zone at the Kaycee Uranium Project

Nuclear Fuels Extends Spur Zone Mineralization Over 1,000 Feet and Reports Best Intercept to Date from the Saddle Zone at the Kaycee Uranium Project

CSE:NF 
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announced today the results from the on-going drilling program at the priority Kaycee In-Situ Recovery ("ISR") Uranium Project in Wyoming's Powder River Basin. Drilling results from the Spur Zone have extended uranium mineralization over 1,000 feet. Two miles to the southeast, drilling at the Saddle Zone returned results of up to 0.233% eU 3 O 8 (uranium) over 7.0 feet with a Grade Thickness ("GT") of 1.631. In the Powder River Basin ("PRB") of Wyoming potentially ISR-recoverable uranium mineralization with a GT of greater than 0.25 is considered suitable for inclusion in a potential wellfield.

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Nuclear Fuels Summarizes Initial Kaycee Uranium Project Drill Program; Commences Expanded 2024 Program

Nuclear Fuels Summarizes Initial Kaycee Uranium Project Drill Program; Commences Expanded 2024 Program

CSE:NF
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) ("Nuclear Fuels" or the "Company") announces today the commencement of an expanded drill program and provides a summary of results from the initial successful drill program, completed during the first half of 2024 at its priority Kaycee In-Situ Recovery ("ISR") Uranium Project in Wyoming's Powder River Basin. The completed program was designed to confirm and expand uranium mineralization associated with two (of seven) known historic resource areas along the 36-mile trend. Importantly, the drill program indicated the potential connection of the Saddle and Spur Zones and also identified previously unknown deeper zones.

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Nuclear Fuels Closes Private Placement

Nuclear Fuels Closes Private Placement

CSE:NF
  OTCQX:NFUNF

/NOT FOR DISTRIBUTION IN THE UNITED STATES /

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Forum Energy Metals to Present at Red Cloud's Fall Mining Showcase and Top Shelf Partners Commodities Global Expo

Forum Energy Metals to Present at Red Cloud's Fall Mining Showcase and Top Shelf Partners Commodities Global Expo

Join Forum Energy Metals (TSXV: FMC) (OTCQB: FDCFF) at Red Cloud's Fall Mining Showcase being held at the Sheraton Centre Toronto Hotel in Toronto on Wednesday October 16th and Thursday October 17th. Forum President & CEO, Richard Mazur and Dr. Rebecca Hunter, Vice President of Exploration will be available both days of the conference for 1 X 1 meetings to update investors on Forum's uranium discovery in the Thelon Basin, Nunavut. Dr. Rebecca Hunter will also be presenting on Thursday October 17th at 10:20 am in the Dominion Ballroom North.

Qualified buy side parties can register at: https://redcloudfs.com/fallminingshowcase2024/

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Skyharbour's Partner North Shore Continues Drill Target Generation at Falcon Uranium Project

Skyharbour's Partner North Shore Continues Drill Target Generation at Falcon Uranium Project

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ("Skyharbour" or the "Company"), is pleased to announce that its partner company, North Shore Uranium ("North Shore"), has provided an update update on its Falcon property ("Falcon") target generation efforts. Falcon is located at the eastern margin of the Athabasca Basin in northern Saskatchewan. In its September 17, 2024, news release, North Shore summarized work being done at its Falcon and West Bear properties, with Falcon being divided into three uranium exploration zones. This news release summarizes targeting efforts being undertaken in Zone 2 at Falcon. North Shore may acquire an initial 80% interest in Falcon by issuing common shares having an aggregate value of CAD $1,225,000, making aggregate cash payments of $525,000 to Skyharbour, and incurring an aggregate of $3,550,000 in exploration expenditures on the property over a three-year period.

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Skyharbour Partner Medaro Mining Announces Exploration Plan for the Yurchison Uranium Project Located in the Athabasca Basin, Saskatchewan

Skyharbour Partner Medaro Mining Announces Exploration Plan for the Yurchison Uranium Project Located in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ("Skyharbour" or the "Company"), partner company Medaro Mining ("Medaro") is pleased to announce its exploration plans for a winter program at its Yurchison Uranium property located in Saskatchewan. The program is anticipated to commence within the next 45 days.

Location Map of Yurchison Project:
https://www.skyharbourltd.com/_resources/maps/Sky_Yurchison_20211209.jpg

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enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with George W. Bush, the 43rd President of the United States

enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with George W. Bush, the 43rd President of the United States

NASDAQ:EU
  TSXV:EU
www.encoreuranium.com

EnCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the " Company " or " enCore" ), a uranium producer and America's Clean Energy Company™, announced today that the Company held a grand opening celebration at its Alta Mesa In-Situ Recovery ("ISR") Uranium Central Processing Plant ("CPP") and Wellfield on Thursday, October 3 rd in South Texas . The private event, attended by 300 guests, featured a special conversation between George W. Bush, the 43 rd President of the United States and William M. Sheriff Executive Chairman of enCore Energy. Guests had the opportunity to hear about President George W. Bush's time in the White House, the challenges facing our nation in the 21st century, as well as his current work at the George W. Bush Presidential Center.

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Skyharbour Enters Into Agreement to Option South Dufferin and Bolt Uranium Projects Located in the Athabasca Basin, Saskatchewan

Skyharbour Enters Into Agreement to Option South Dufferin and Bolt Uranium Projects Located in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ("Skyharbour" or the "Company"), is pleased to announce that it has entered into an option agreement ("Agreement") with a private arm's-length company, UraEx Resources Inc. (the "Optionee" or "UraEx"), whereby the Optionee may acquire up to a 100% interest in the Company's South Dufferin and Bolt Uranium Projects (collectively, the "Property"). The Property consists of a total of twelve (12) mineral claims totalling approximately 18,000 hectares located in the Athabasca Basin, Northern Saskatchewan. UraEx can earn an initial 51% in the Property through CAD $4,600,000 in combined project consideration and up to 100% through $9,800,000 in combined project consideration consisting of cash and share payments as well as exploration expenditures over a five-year period.

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Baselode Reports High-Grade Uranium Assays on its ACKIO Prospect

Baselode Reports High-Grade Uranium Assays on its ACKIO Prospect

  • Two drill holes intersect high-grade uranium: Both returned over 1% U₃O₈ across 1.5 metres
  • Hole AK24-118 intersected 8.5 metres of 0.59% U₃O₈, while AK24-119 returned 21.0 metres of 0.28% U₃O₈, enhancing our understanding of uranium mineralization in Pod 6
  • Baselode's ACKIO has a unique advantage that distinguishes it from its peers in the Athabasca Basin, given its shallow mineralization

Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to provide uranium ("U3O8") assay results from 3 of 43 drill holes of the 2024 drill program on the ACKIO prospect ("ACKIO") in the Athabasca Basin ("Basin") area of northern Saskatchewan.

"Baselode's ACKIO prospect stands out among its peers due to the shallow depth of its mineralization, especially compared to the much deeper deposits elsewhere in the Basin. We are highly encouraged by the results from holes AK24-118 and AK24-119, as they are the best intersections in Pod 6 and rank among the top 20 drill holes at ACKIO. These results strengthen our confidence in ACKIO. It's remarkable that, just over three years after discovering ACKIO, we're still achieving better-than-expected grades and widths," commented James Sykes, CEO, President, and Director of Baselode."

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