Uranium drill results drive share price
Hathor Exploration’s (TSX: V.HAT) share price popped 8.2% to $1.98 on Thursday after the company promising released drill results.
Uranium miner climbs on results news
In breaking news Monday, Vancouver-based Xemplar Energy Corp. (TSX: V.XE) reported chemical assay results for nineteen drill holes from the Big Yellow mineralized zones at the Warmbad Uranium project in southern Namibia.
Uranium One acquires interest in Kazakhstan mine
Uranium One (TSX: T.UUU) announced Monday that it has signed an agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto, the Russian state-owned uranium mining company.
Denison Mines reports narrower loss in Q1 2009
In results news, Denison Mines Corp. (TSX: T.DML) posted a narrower net loss of $1.3 million or one cent per share for the first quarter of the year, as the company reported its results after Wednesday’s market close.
Mega Uranium reports financial gain in latest quarter
Mega Uranium (TSX: T.MGA) announced its results for the three months ending March 31 after Wednesday’s market close, including net income of $2.2 million, or one cent per share.
Junior explorer surges on takeover deal
Northern Continental Resources (TSX: V.NCR) shares climbed 60% to 20 cents on Friday after Denison Mines (TSX: T.DML) said it has signed a letter of intent to acquire Northern Continental in an all share transaction by way of a plan of arrangement. Denison will acquire Northern on the basis of 0.0920 Denison common shares for each share of Northern, valuing Northern at 20 cents a share. Northern holds a 60% interest in the Russell Lake uranium property located immediately adjacent to Denison's new Wheeler River uranium discovery in the Athabasca Basin of northern Saskatchewan.
Abitex Resources jumps on uranium-gold discovery
Abitex Resources (TSX: V.ABE) shares climbed 11% to 20 cents on Tuesday after the micro cap miner reported a new uranium-gold discovery on its 100% owned Epsilon property in Quebec. Two grab samples were taken from the Epsilon discovery outcrop. The samples returned grades of 2.15% U3O8 and 17.25 grams per tonne (g/t) gold, as well as 1.04% U3O8 and 8.69 g/t gold.
Forsys Metals announces second agreement with GFI
Forsys Metals (TSX: T.FSY) announced Thursday that it has signed a second agreement with George Forrest International Afrique S.P.R.L., extending the closing date of GFI’s acquisition of the company to July 31.
