Why Uranium Experts Project Uranium Prices Will Spike More Than 50% In 2022 - Seite 3

Wray Mesa Permitting Update - Star Point Enterprises, Inc. of Moab, Utah is a preeminent permitting, management, and compliance firm. The Company has retained Don Hamilton, Principal and Project Manager, to assist with both federal and state-level agency permitting. The Company is currently compiling and reviewing the historical data, which includes over 400 holes / 200,000 feet of previous drilling, in conjunction with developing an extensive exploration and drill program for the property. The Company expects to finalize the purchase of the Wray Mesa project within the coming days.  CONTINUED…Read the BASIN URANIUM full press release by going to:  https://basinuranium.ca/news/

In other news and developments of note in the markets this week: 

Centrus Energy Corp (NYSE-American:LEU) President and CEO Daniel B. Poneman recently congratulated Clean Core Thorium Energy and Texas A&M on successfully fabricating the first sample pellets of a next-generation nuclear fuel called ANEEL (Advanced Nuclear Energy for Enriched Life). Centrus and Clean Core have been working together under a memorandum of understanding (MOU) signed earlier this year to promote Clean Core's advanced nuclear fuel, which will combine thorium with High-Assay, Low-Enriched Uranium (HALEU) produced by Centrus.

Based on more than 15 years of research and design, the new HALEU-Thorium ANEEL fuel is suitable for new and existing CANDU and other Pressurized Heavy Water Reactors (PHWRs). ANEEL can reduce the amount of waste produced in CANDUs/PHWRs by more than 80 percent, minimizing waste management costs and safety concerns, while offering nonproliferation benefits.

Paladin Energy Ltd (OTCQX:PALAF) (ASX:PDN) recently announced that it has completed an institutional placement (Placement) of new fully paid ordinary shares in Paladin (New Shares). The Placement will raise approximately A$200 million (before costs) through the issue of approximately 278 million New Shares at an offer price of A$0.72 per share. The offer price represents: 8.9% discount to the last closing price of Paladin shares on ASX of $0.79 on March 30, 2022 (being the last date Paladin shares traded prior to announcement of the Placement); and 12% discount to the 5-day volume average weighted price (VWAP) up to and including March 30, 2022.