Uranium

ValOre Metals

Valore Metals: Exploring District-Scale Uranium, PGE & Gold Projects


ValOre Metals (TSX:VO) focuses on high-quality metals and projects. The company's flagship uranium asset Angilak is located in Nunavut, Canada, covers 59,583 hectares, and has district-scale potential for uranium along with precious and base metals. The company is also exploring its Brazilian project targeting PGEs and gold.

The Angilak project has significant upside potential due to its land area and deposits. The area represents Canada’s highest grade uranium resource outside Saskatchewan and one of the highest grade uranium resources on a global basis, according to ValOre VP of exploration Colin Smith.

ValOre Metals is also exploring its Pedra Branca PGE project in northeastern Brazil. As another district-scale mining project, the asset covers 56,852 hectares with multiple PGE and gold deposits. Ownership of the asset gives ValOre control of an entire PGE belt. The company has three additional projects for future exploration: Hatchet Lake, Baffin Gold and Genesis.

Angilak Uranium project

The company a member of the Discovery Group, an alliance of nine publicly traded companies with a track record of successfully increasing shareholder value, often through tactful exits via mergers and acquisitions.

Company Highlights

  • ValOre Metals is a Canadian exploration mining company focusing on district-scale, high-grade assets with uranium, PGE and gold deposits.
  • The company is a member of the Discovery Group, an alliance of publicly traded companies striving to improve shareholder value through mergers and acquisitions.
  • The Discovery Group has a track record of successful mergers and acquisitions that directly increase shareholder value. ValOre’s management team was involved in many of the Discovery Group’s notable transactions.
  • The Angilak uranium project in Canada includes one of the highest-grade uranium deposits on a global scale. In addition, the project includes multiple notable uranium deposits, many of which reach the surface for straightforward extraction.
  • ValOre’s Pedra Branca PGE-gold project in Brazil represents another district-scale opportunity and gives the company complete control over an entire PGE belt.
  • An experienced management team with expertise in all aspects of the mining industry leads the company toward its goal of improving shareholder value.

This ValOre Metals profile is part of a paid investor education campaign.*

Click here to connect with ValOre Metals (TSX:VO) to receive an Investor Presentation

VO:TCM
Valore Metals (TSXV:VO)

Valore Metals


Keep reading...Show less
ValOre Metals Corp. Invites You to Join Us at the Red Cloud Fall Mining Showcase 2022

ValOre Metals Corp. Invites You to Join Us at the Red Cloud Fall Mining Showcase 2022

Valore Metals Corp. (TSXV: VO) is pleased to announce that the company will be presenting at Red Cloud's 2022 Fall Mining Showcase. We invite our shareholders and all interested parties to join us there.

The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 9-10, 2022.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

ETCT ROBO Global Robotics and Automation Index ETF

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the North Shore Global Uranium Mining Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that devote at least 50% of their assets to (i) mining, exploration, development, and production of uranium; and/or (ii) holding physical uranium, owning uranium royalties, or engaging in other, non-mining activities that support the uranium mining industry. It is non-diversified.

GoviEx Enters into Agreement for the Sale of the Falea Project in Mali

  • Falea to be acquired by African Energy Metals for $5.5 million
  • GoviEx to retain interest in the polymetallic deposit with exploration upside
  • GoviEx remains focused on its mine permitted projects Madaouela and Muntanga

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx" or "Company") is pleased to announce that it has entered into an agreement with African Energy Metals Inc. ("AEM") whereby AEM will acquire all of the issued and outstanding shares of GoviEx's wholly-owned Malian subsidiary, Delta Exploration Mali SARL ("Delta"). Delta holds three contiguous exploration licences (Falea, Bala, and Madini) in Mali known collectively as the Falea project.

Under the terms of the agreement, AEM will acquire all of the outstanding shares of Delta for a purchase price of $5,500,000 that shall be satisfied as follows: (i) at closing of the transaction, a cash payment of $500,000 and the issuance of AEM's common shares equal to a value of $2,000,000; and (ii) subject to the re-issuance of the Falea license, the issuance of AEM's common shares equal to a value $3,000,000. AEM will also grant GoviEx a 3% net smelter royalty on the Falea project.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
justin huhn with nuclear reactors

VIDEO — Justin Huhn: Uranium Cycle Now in Third Inning, Key Market Drivers for 2023

2022 brought a slew of positive news for the uranium sector, but the year was still frustrating for investors.

Speaking to the Investing News Network, Justin Huhn, founder and publisher of Uranium Insider, said the U3O8 spot price only rose about 13 percent last year, while in some cases uranium equities are trading 30 to 35 percent below their high points.

"Even though the fundamental case improved throughout the year, and so many elements of positive news supporting the fundamental case continued to pour in … the spot price continued to just languish. That affected sentiment, and sentiment and liquidity drive markets, especially in the short term," he explained during the conversation.

Keep reading...Show less
large piece of uranium on a stone

Uranium Stocks: 5 Biggest Companies in 2023

Uranium is an important commodity in the energy sector. As the value of this nuclear fuel has continued to rise, investors have become more interested in the uranium market.

Uranium began this year at US$43.66 per pound, and prices have tracked higher to push past the important US$50 per pound level as of January 11, 2023. It remains to be seen if and when prices for the energy fuel will once again hit the 11 year high of US$63.50 the market witnessed in mid-April 2022.

Various factors have pushed prices upward in recent months. Production declines caused by COVID-19-related closures in 2020 have played a role, as has widespread demand for nuclear power generation as a clean energy source.

Keep reading...Show less

Laramide Resources Ltd. Announces Proceeds from Successful Exercise of Warrants

Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that 17,175,000 or 100% of the outstanding warrants to purchase common shares of the Company that expired on January 16, 2023 with a strike price of 30 cents have been exercised. All cash amounts expressed in Canadian dollars.

Laramide Logo (CNW Group/Laramide Resources Ltd.)

These receipts included a total of 1,175,000 warrants exercised by insiders, including the Chairman and the CEO, and resulted in gross proceeds of $5,152,500.00 to the Company. Together with the Company's previous cash balances, and combined with securities available for sale, Laramide now has in excess of $10 million in cash and securities on hand and is essentially funded through 2023, a year that is expected to see increased exploration and development activity in alignment with the broad-based improvement in the uranium market.

"We are very pleased that all warrant holders demonstrated their support for Laramide's business activity with their full and complete purchase of the outstanding warrants," says Marc Henderson , President and CEO, Laramide Resources Ltd. "The uranium fundamentals are far stronger than they were when we issued the financing units, which included these warrants, in January 2020 . Corporately, we have responded to the positive shift in sentiment towards nuclear energy by resuming exploration and development activities on our most advanced projects."

On January 17, 2023 , immediately after the exercises, the Company has 225,404,696 common shares outstanding and fully diluted shares of 233,244,696.

To learn more about Laramide, please visit the Company's website at www.laramide.com or contact:

Follow us on Twitter @LaramideRes

About Laramide Resources Ltd.:

Laramide is engaged in the exploration and development of high-quality uranium assets. Its wholly owned uranium assets are in Australia and the United States . Each of Laramide's portfolio of five advanced uranium projects have been chosen for their production potential. Laramide's Westmoreland project, in Queensland, Australia , is one of the largest projects currently held by a junior mining company. Its U.S. assets include Church Rock , a large ISR project; Crownpoint , a former uranium mining operation; and the La Jara Mesa in the historic Grants, New Mexico mining district.

This press release contains forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information.  Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.

SOURCE Laramide Resources Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2023/17/c6787.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
TSX:CVV

CanAlaska Grants Options

CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) ("CanAlaska or the "Company") announces that it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 2,375,000 common shares of the Company pursuant to CanAlaska's omnibus equity incentive plan. The options are exercisable for a period of two years at a price of $0.425 per share.

Other News

Keep reading...Show less

Latest Press Releases

Related News

×