Macusani Yellowcake is pleased to announce that the Company has acquired a small (300 ha) key mineral concession on the Macusani Plateau with a strong radiometrtic anomaly and uranium mineralization on surface. This concession became available for acquisition as a result of non-payment by third parties of the annual good standing fees and the [...]
Macusani Yellowcake today announced that, subject to regulatory and disinterested shareholder approval, it is proposing to issue 3,152,750 common shares to Colibri Mining, a company controlled by Laurence Stefan its President and Chief Operating Officer, to settle amounts that will be due and owing to it. In conjunction with Macusani's acquisition [...]
Macusani Yellowcake today provided an update to its corporate plans and timelines. Update & Planning Highlights: With Azincourt acquisition consolidated Macusani uranium resources increased to 49.7 M lbs contained U3O8 (Measured &Indicated (M&I)) and 47.5 M lbs contained U3O8 (Inferred) from 31.5 M lbs U3O8 (M&I) and 30.1 M lbs U3O8 Inferred (see [...]
TORONTO, ONTARIO--(Marketwired - Nov 12, 2014) - Macusani Yellowcake Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) ("Macusani" or the "Company") is pleased to provide a corporate update and announce plans and timelines for implementation. Update & Planning Highlights: Consolidation transaction with Azincourt Uranium Inc. ("Azincourt") has increased [...]
Macusani and Azincourt announced that they have completed the previously announced acquisition by Macusani of all of Azincourt's adjacent uranium properties located on the Macusani Plateau in south-eastern Peru. Under the Acquisition Transaction, Macusani has acquired 100% of Azincourt's Peruvian subsidiary, Minergia S.A.C., in consideration for [...]
Macusani Yellowcake and Azincourt Uranium announce that they have entered into a definitive acquisition agreement in respect of the previously announced acquisition by Macusani of all of Azincourt's adjacent uranium properties located on the Macusani Plateau in south-eastern Peru. Under the Definitive Agreement, Macusani has agreed to acquire 100 [...]
Macusani Yellowcake announced that, further to its press release dated June 23, 2014, it has completed a first tranche of its non-brokered private placement of equity units raising gross proceeds of approximately C$573,000. The Units were offered and sold at a price of C$0.07 per Unit with each Unit consisting of one common share of the Company and [...]
Macusani Yellowcake announced that it intends to proceed with a non-brokered private placement of equity units to raise gross proceeds of up to C$1,000,000. The Units will be offered at a price of C$0.07 per Unit and each Unit will consist of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will [...]
TORONTO, ONTARIO--(Marketwired - May 30, 2014) - Macusani Yellowcake Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) ("Macusani") and Azincourt Uranium Inc. (TSX VENTURE:AAZ)(FRANKFURT:A0U) ("Azincourt") announce that, further to their joint news release of April 17, 2014, they have agreed to extend their non-binding letter of intent ("LOI") to June 15, 2014 [...]
TORONTO, ONTARIO--(Marketwired - Apr 17, 2014) - Macusani Yellowcake Inc. (TSX VENTURE:YEL) (FRANKFURT:QG1) ("Macusani") and Azincourt Uranium Inc. (TSX VENTURE:AAZ) ("Azincourt") are pleased to announce that they have signed a non-binding letter of intent which contemplates the acquisition by Macusani of all of Azincourt's adjacent uranium [...]
TORONTO, ONTARIO--(Marketwired - Mar 25, 2014) - Macusani Yellowcake Inc. (the "Company") (TSX VENTURE:YEL)(FRANKFURT:QG1) has recently mailed and filed proxy materials in connection with its annual meeting to be held on April 7, 2014. The proxy materials contemplate the nomination of Alan Ferry, Peter Hooper, Laurence Stefan, J.P. Chauvin, Robert [...]
TORONTO, ONTARIO--(Marketwired - Jan 15, 2014) - Macusani Yellowcake Inc. (the "Company") (TSX VENTURE:YEL)(FRANKFURT:QG1) announced that it has filed on SEDAR today the Preliminary Economic Assessment (PEA) for its uranium deposits in Peru as disclosed in the Company's press release of December 5, 2013. The results from the PEA demonstrate that [...]