Toro Energy

Toro Energy Limited (ASX: TOE) – Trading Halt

Description

The securities of Toro Energy Limited (‘TOE’) will be placed in trading halt at the request of TOE, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 22 January 2024 or when the announcement is released to the market.


Issued by

ASX Compliance


Click here for the full ASX Release

This article includes content from Toro Energy, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.


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Toro Energy

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tihange nuclear power station in belgium

Uranium Stocks: 5 Biggest Companies in 2024

Uranium is an important energy sector commodity, and its rising value is attracting investor interest.

In the early months of 2024, uranium prices have surged to 16 year highs of more than US$100 per pound, and experts are optimistic about the future. With demand set to rise as clean energy gains traction and supply security becomes increasingly important, many market watchers are calling for much higher prices, as well as share price gains for uranium stocks.

With uranium's bright future in mind, it's worth looking at the world's leading uranium miners. The list below lays out the five largest uranium companies by market cap. All data was current as of February 9, 2024.

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Option to Acquire Controlling Interest in Advanced Athabascan Uranium Project

Trinex Minerals Limited (ASX: TX3) (Trinex Minerals or the Company) is pleased to announce that its wholly-owned Canadian subsidiary, Trinex Lithium Ltd (Trinex Canada), has executed a binding Letter of Intent (LOI) with TSX-V listed ALX Resources Corporation (TSX-V: AL) (ALX) in relation to the acquisition by Trinex Canada of up to a 75% interest in the Gibbons Creek Uranium Project in Northern Saskatchewan by way of an option and earn-in arrangement (Gibbons Creek Earn-In).

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Pilot Plant for Wiluna Uranium Project Development

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Toro Energy Limited (ASX: TOE) (‘the Company’ or ‘Toro’) is pleased to announce that the Company is advancing the design phase of its beneficiation and hydrometallurgical pilot plant in line with plans to begin its operation in the second half of 2024.

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Denison Announces Exclusive Acquisition of MaxPERF Tool Systems, Enhancing Denison's Leadership in ISR Mining in the Athabasca Basin

Denison Mines logo (CNW Group/Denison Mines Corp.)

Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed an acquisition of fixed and mobile MaxPERF Tool Systems from Penetrators Canada Inc. ("Penetrators"). Significantly, Penetrators has also agreed to work exclusively with Denison with respect to the use of the MaxPERF Tool Systems for uranium mining applications, and related services, in Saskatchewan for a 10-year period. View PDF Version

News Provided by Canada Newswire via QuoteMedia

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Skyharbour Resources (TSXV:SYH)

Skyharbour Resources


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Strategic Expansion of the Stallion Uranium Project

Summit Minerals Limited (ASX: SUM, “Summit” or the “Company”) is pleased to announce that it has acquired exploration license application E28/3249 through the acquisition of Radiant Exploration Pty Ltd for $40,000. This acquisition is in addition to two other exploration license applications that the Company has applied for in the Ponton Creek region (E39/2469 and E28/3426), which when granted would significantly increase the land package of its 100% owned Stallion Project, 175 km east- northeast of Kalgoorlie. The Company’s applications lie over palaeochannels prospective for aquifer sand and lignite-hosted uranium mineralisation in the Ponton Mulga Rock uranium province of WA (Figure 1) and capture the historical Highway and Shelf uranium deposits and several advanced prospects, including East Arm and Narnoo.

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Toro Energy

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