Nuclear Fuels Inc. announces with profound sadness, that Mr. Eugene Spiering, a valued member of Nuclear Fuels' Board of Directors, passed away earlier this week. Eugene Spiering was a well-respected geologist, globally renown for his work in uranium exploration with over 35 years of international experience in mineral exploration and senior level project management in the western United States, South America, and Europe [...]
Nuclear Fuels announced the acquisition of the TenSleep Uranium Project. The TenSleep Project is a unique uranium project in Wyoming, displaying geological characteristics similar to the deposits in Saskatchewan's prolific Athabasca Basin rather than the typical roll front sandstone-hosted uranium deposits of the US. Athabasca or "unconformity" uranium deposits occur along the contact of two different rock types in the [...]
Nuclear Fuels announced today the discovery of two new zones of roll front-hosted uranium mineralization at the Kaycee In-Situ Recovery Uranium Project. Drill testing of regional targets on the Project encountered mineralization at the newly discovered Outpost and Trail Dust Zones, including 0.082% eU3O8 over 6.5 feet for a total hole Grade Thickness of 0.532. In the PRB, potentially ISR-recoverable uranium mineralization [...]
Nuclear Fuels reports that it has closed its previously announced private placement consisting of an aggregate of 25,000,000 units, including exercise in full of the underwriter's over-allotment option of 5,000,000 Units, at a price of $0.40 per Unit for aggregate gross proceeds to the Company of $10,000,000. The Company also closed its non-brokered private placement announced on Nov 5, 2024, and issued a further [...]
Nuclear Fuels is pleased to announce a non-brokered private placement of 9,837,500 units for gross proceeds of $3,935,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant will entitle the holder to acquire one common share for a period of 36 months from the closing of the Offering at a price of $0.55 per Warrant Share. The private placement is [...]
Nuclear Fuels is pleased to announce that it has entered into an agreement with Canaccord Genuity and Haywood Securities on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought-deal" private placement basis, 20,000,000 units of the Company at a price of $0.40 per Unit for gross proceeds of $8,000,000. Each Unit will consist of one common share of the Company and [...]
Nuclear Fuels Inc. announced today the best results to date from the on-going drill program at the Kaycee In-Situ Recovery Uranium Project in Wyoming's Powder River Basin . The current drill hole results are from the Company's first drilling on the historic Stirrup West and East Zones which lie ~2.7 miles from the Saddle Zone and 1 mile from the Spur Zone. Drilling at the Stirrup West Zone returned up to 0.205% eU3O8 over [...]
Nuclear Fuels announced today it has closed its non-brokered private placement with Mr. Brahm Spilfogel, the Company's Director appointed to the Board effective October 9, 2024. The Company has issued Mr. Spilfogel 250,000 shares at a price of $0.395 per share for total proceeds of $98,750. The issued shares are subject to a four month hold period expiring February 18, 2025. Proceeds from the private placement will be [...]
Nuclear Fuels announced 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. William M. Sheriff [...]
Nuclear Fuels released a NI 43-101 Technical Report for the Kaycee In-Situ Recovery 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 supported by available historical data from previous operators and recent exploration recently conducted by Nuclear Fuels. Significant highlights of the [...]
Nuclear Fuels Inc. announced today the results from the on-going drilling program at the priority Kaycee In-Situ Recovery 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% eU3O8 over 7.0 feet with a Grade Thickness of 1.631. In the Powder River [...]
Nuclear Fuels Inc. 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 Uranium Project in Wyoming's Powder River Basin. The completed program was designed to confirm and expand uranium mineralization associated with two known historic resource areas along [...]
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