Uranium Energy CorpUEC
▲ PositiveCapitalSupplyrelevance
Sold 400,000 lbs at $93.13/lb, holds $495M cash with no debt and 1.256M lbs inventory worth ~$109M.
Impact on assets 2
Critical Materials & Supply Chain
Uranium Energy CorpOthers
⛏Uranium (SPUT proxy)
URANIUM
Mentioned
Theme Impact 4
Off-coverage companies
Related news
United StatesUS Critical Metals Appoints James Hocking as Chief Executive Officer
US Critical Metals Corp. announced the appointment of James Hocking, a director of the company, as Chief Executive Officer, effective today. Hocking succeeds Darren Collins, who is stepping down as CEO but will remain a director of the company. Hocking is a commercial and capital markets executive with over 20 years of experience in the resources sector, including 7 years with BHP Group where he led commercial initiatives supporting major mining and infrastructure operations. He said his focus will be on building long-term shareholder value, noting that copper was added to the U.S. critical minerals list in 2025 and that the company's Korn Kob Copper Project is an exploration-stage property in Arizona, alongside its lithium, uranium and cobalt exploration properties. USCM's assets consist of five discovery focused projects in the United States: the McDermitt East Lithium Project and Clayton Ridge Lithium Property in Nevada, the Long Canyon Uranium Property and Haynes Cobalt Property in Idaho, and the Korn Kob Copper Project in Arizona.
About megatrends
Critical Materials & Supply Chain › Copper Mining & Concentrate Talent
Critical Materials & Supply Chain › Copper Talent
Energy Transition & Power Demand › Uranium Mining & Development Talent
Canada▲2
Xcite Uranium Begins 1300m Drill Program at Eagle Plains' Black Bay Project
Xcite Uranium Inc. has commenced a 1300m, 6-hole diamond drilling program at Eagle Plains Resources Ltd.'s 100% owned Black Bay Project near Uranium City, Saskatchewan, and has procured a second drill rig to speed completion of the planned work. The program will test for structurally-controlled Beaverlodge-type and basement-hosted unconformity style uranium mineralization, targeting 2025 VTEM conductors along trend from the past-producing Black Bay Mine, with 6 holes from 5 pad locations and the second rig under contract to Base Diamond Drilling. The approved 2026 budget for Black Bay is approximately $1.1 million, comprising $125,000 in completed fieldwork and $975,000 allocated for drilling, with all work managed by TerraLogic Exploration Inc. The 1114ha project overlies 7 Saskatchewan Mineral Deposit Index occurrences including the past-producing Black Bay Uranium Mine, and sits within the six-project Xcite option agreement covering 54 SMDI occurrences and five past-producing uranium mines, under which Xcite may earn up to an 80% interest in each project by completing CDN$3,200,000 in exploration expenditures, issuing 750,000 common shares and paying CDN$55,000 over four years, for an aggregate of CDN$19,200,000 in exploration expenditures, 4,500,000 shares and $330,000 in cash to Eagle Plains. Historic trench samples at Black Bay include 6.51% U3O8, 3.78% U3O8 and 3.62% U3O8 over 0.3m, while grab samples from historical drill core at the Blue Grass 'B' Zone include 9.64% U3O8 and 16.74% U3O8. The Black Bay mine produced approximately 1375 tons of material at a grade of 0.17% U3O8 shipped to the Lorado custom mill between 1953 and 1960.
About megatrends
Energy Transition & Power Demand › Uranium Mining & Development ▲Supply
Critical Materials & Supply Chain › Uranium & Nuclear Fuel Cycle ▲Supply
Critical Materials & Supply Chain › Uranium Mining ▲Supply
Energy Transition & Power Demand › Nuclear Fuel Cycle (Uranium & Enrichment) ▲Supply
Xcite Uranium Inc. · Technology · Positive Xcite commenced a 1300m, 6-hole diamond drill program testing for Beaverlodge-type and basement-hosted unconformity uranium mineralization at Black Bay.
Eagle Plains Resources Ltd. · Demand · Positive Xcite's drilling program advances exploration on Eagle Plains' Black Bay project, with Xcite funding up to CDN$3.2M in expenditures and issuing shares/cash to Eagle Plains under the option agreement.
ChinaChina Uranium Chairman Yuan Xu Resigns Due to Work Adjustment, Completed Company IPO During Tenure
China Uranium, stock code 001280, announced that Chairman Yuan Xu has resigned due to work adjustment. The announcement shows that the board of directors of China Uranium recently received a written resignation report from Yuan Xu, in which he applied to resign from his positions as chairman, director, and convener of the board's strategy and investment committee. His original term was set to end upon the expiration of the second board of directors. After resigning, he will no longer hold any position in the company. According to relevant regulations, Yuan Xu's resignation will not cause the number of board members to fall below the statutory minimum, and his resignation report takes effect from the date it is delivered to the board. It will not have an adverse impact on the company's daily management or production and operations. As of the disclosure date of the announcement, Yuan Xu does not hold any company shares, and there are no commitments that should have been fulfilled but have not been fulfilled. China Uranium stated that during his tenure, Yuan Xu performed his duties diligently and conscientiously, steadily advanced the increase of domestic natural uranium reserves and production, significantly enhanced the ability to control overseas uranium resources, accelerated the development of the comprehensive utilization industry for radioactive associated resources, strengthened top-level design for scientific and technological innovation, and successfully completed the company's initial public offering and listing.
About megatrends
Critical Materials & Supply Chain › Uranium & Nuclear Fuel Cycle Capital
Energy Transition & Power Demand › Uranium Mining & Development Capital
Energy Transition & Power Demand › Nuclear Fuel Cycle (Uranium & Enrichment) Capital
Critical Materials & Supply Chain › Uranium Mining Capital
001280.CS · · Neutral Chairman Yuan Xu resigns due to work adjustment; company says no adverse impact on daily management or operations.
CanadaPurecore Metals Announces Up to C$2.5 Million Non-Brokered Private Placement
Purecore Metals Inc. intends to complete a non-brokered private placement for aggregate gross proceeds of up to C$2,500,000, the company announced on October 2, 2026. The offering will combine hard dollar units priced at C$1.35 each and flow-through units priced at C$1.50 each, with each unit consisting of one common share and one warrant. Each warrant entitles the holder to acquire one warrant share at C$2.00 for 36 months from the applicable closing date, subject to acceleration if the closing price on the Canadian Securities Exchange equals or exceeds C$2.50 for ten consecutive trading days. Net proceeds from the hard dollar units are expected to fund mineral exploration, property expenditures and acquisitions, and general corporate and working capital purposes, while gross proceeds allocated to the flow-through shares will be used to incur eligible Canadian exploration expenses that the company intends to renounce to subscribers with an effective date no later than December 31, 2026. Completion remains subject to customary closing conditions and regulatory approvals, and all securities issued will be subject to a four-month hold period.
About megatrends
Energy Transition & Power Demand › Uranium Mining & Development Capital
Critical Materials & Supply Chain › Copper Mining & Concentrate Capital
Critical Materials & Supply Chain › Nickel & Cobalt Mining Capital
Canada▼
F3 Uranium to Pay Denison Interest With 797,872 Shares and $225,000 Cash
F3 Uranium Corp. will issue 797,872 common shares to Denison Mines Corp. to settle a portion of accrued interest owed under a financing agreement entered into in October 2023. The payment consists of a cash payment of $225,000 plus the shares, issued at a deemed price of $0.141 per share, being the 20-day VWAP as at September 28, 2026. The underlying debenture carries a 9% coupon payable quarterly, matures on October 18, 2028, and is convertible at Denison's option at a conversion price of $0.56 per share; F3 may pay up to one-third of the interest in shares. All securities issued are subject to TSX-V approval and a statutory hold period in Canada expiring four months and one day from issuance. The shares-for-debt transaction was approved by F3's Board of Directors and did not require a formal valuation or minority shareholder approval under Multilateral Instrument 61-101.
About megatrends
Energy Transition & Power Demand › Uranium Mining & Development ▼Capital
Critical Materials & Supply Chain › Uranium & Nuclear Fuel Cycle Capital
Critical Materials & Supply Chain › Uranium Mining Capital
Energy Transition & Power Demand › Nuclear Fuel Cycle (Uranium & Enrichment) Capital
DNN · Capital · Positive Denison receives $225,000 cash plus 797,872 F3 shares to settle accrued interest under its convertible debenture financing.
F3 Uranium Corp. · Capital · Neutral F3 issues shares and pays cash to settle accrued interest on its 9% convertible debenture, a financing-related obligation.
Canada▲
Azincourt Energy Begins Drilling at Snegamook Uranium Deposit After Completing Harrier Prospecting
Azincourt Energy Corp. has completed prospecting and soil sampling across priority targets at its Harrier Project in Labrador's Central Mineral Belt and has commenced diamond drilling at the Snegamook uranium deposit. The 2026 drill program, which began in late September, is now expected to consist of approximately 2,000 metres in 6 to 7 drill holes at Snegamook, designed to provide geological and confirmatory information that may support evaluation of a potential future mineral resource estimate. The Harrier Project covers approximately 13,000 hectares across six licence groups, and the summer prospecting program identified two new uranium showings in the southern Boiteau Lake area and northwest of the Brook showing, bringing the total number of uranium showings on the property to 16. A 10 cm check sample from historical drill hole SN-08-06 returned a grade of 2.71% U3O8, while a sample from SN-08-18 returned 0.35% U3O8. CEO Mark Tommasi said the immediate focus is to test selected historical mineralized intervals at Snegamook while using the summer fieldwork to prioritize targets across the broader project.
About megatrends
Energy Transition & Power Demand › Uranium Mining & Development ▲Supply
Critical Materials & Supply Chain › Uranium & Nuclear Fuel Cycle ▲Supply
Critical Materials & Supply Chain › Uranium Mining ▲Supply
Energy Transition & Power Demand › Nuclear Fuel Cycle (Uranium & Enrichment) ▲Supply
Azincourt Energy Corp. · Technology · Positive Azincourt commenced diamond drilling at the Snegamook uranium deposit and identified two new uranium showings at Harrier, advancing its exploration program
URANIUM · Supply · Positive New uranium showings and drilling at Snegamook/Harrier add to potential uranium supply pipeline, a mild positive for uranium exposure