UEX Corp. is pleased to announce that its 50% owned subsidiary, JCU Exploration Company, Limited and Denison Mines Corp. have approved the initiation of an independent Feasibility Study for the In-Situ Recovery mining operation proposed for the Phoenix uranium deposit on their Wheeler River Joint Venture . The WRJV has also appointed leading global [...]
UEX Corp. is pleased to announce that the Company has repaid its outstanding term loan from Denison Mines Corp. The Term Loan was used by UEX to purchase JCU Exploration Company, as more particularly described in UEX's news release dated August 3, 2021. UEX repaid the outstanding balance of C$20.45 million to Denison on September 17, 2021 [...]
Saskatoon, September 7, 2021 - UEX Corp. is pleased to announce that it has closed its previously announced "bought deal" private placement of an aggregate of 72,950,000 units of the Company at a price of C$0.29 per Unit for aggregate gross proceeds to the Company of C$21,155,500 . The Units were offered and sold through a syndicate of underwriters [...]
UEX Corp. is pleased to announce the commencement of the Christie Lake Fall 2021 exploration drill program. The Christie Lake Project is a joint venture between UEX with a 65.55% ownership stake and JCU Exploration Company, Limited with a 34.45% interest . The Christie Lake Project is located in the eastern Athabasca Basin of northern Saskatchewan [...]
UEX Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Sprott Capital Partners pursuant to which the underwriters have agreed to purchase 72,950,000 units of the Company at a price of C$0.29 per Unit on a "bought deal" private placement basis for aggregate proceeds of C$21,155,500 to the [...]
UEX Corp. is pleased to announce that UEX has closed the transaction with Overseas Uranium Resources Development. to acquire OURD's wholly-owned subsidiary JCU Exploration Company, as disclosed in UEX's news releases dated April 22, 2021 and June 15, 2021, in consideration for the payment of C$41 million. UEX is also pleased to announce that it has [...]
UEX Corp. is pleased to announce the final drill results from the 2021 winter drilling programs at West Bear and Hidden Bay . Drill hole MIC-015 encountered Cobalt-Nickel mineralization grading 0.029% Co and 0.024% Ni over 34 m from 154.5 to 188.5 m, which included a subinterval of 0.125% Co and 0.106% Ni over 3.0 m from 154.5 to 157.5 m. Drill [...]
UEX Corp. is pleased to announce that UEX has been notified that the shareholders of Overseas Uranium Resources Development have approved the sale to UEX of OURD's wholly-owned subsidiary, JCU Exploration Company. The JCU Transaction UEX will acquire 100% of the shares of JCU from OURD by paying C$41million and assuming JCU's existing liabilities [...]
UEX Corp. is pleased to announce that UEX has signed an agreement with Overseas Uranium Resources Development Co., Ltd. to amend the terms of the purchase agreement to acquire 100% ownership of OURD's wholly-owned subsidiary, JCU Exploration Company, as disclosed in UEX's April 22, 2021 News Release. UEX and OURD have agreed that the purchase price [...]
UEX Corp. reports the results of its Annual General Meeting of Shareholders held on June 10, 2021 in Saskatoon, SK. Shareholders voted in favour of all items of business, including the election of each director nominee. A total of 53,480,525 votes were represented in person or by proxy at the AGM, being 11.77% of the outstanding common shares as of [...]
UEX Corp. responds to Denison Mine Corp.'s news release of May 4, 2021 announcing that it has delivered an offer to Overseas Uranium Resources Development to acquire OURD's wholly-owned subsidiary, JCU Exploration Company. As announced on April 22, 2021, UEX entered into a binding agreement with OURD to acquire its wholly-owned subsidiary, JCU [...]
UEX Corp. is pleased to announce that the Company has signed a definitive purchase agreement with Overseas Uranium Resources Development to acquire 100% ownership of OURD's wholly-owned subsidiary, JCU Exploration Company. JCU has a long history in the Canadian uranium exploration and development sector dating back to 2000, when it acquired a [...]