A significant record-breaking cold snap is underway across most of western Canada. Temperatures have dropped into the minus 20s and 30s for highs and down as cold at the minus
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VANCOUVER, BC, Feb. 11, 2021 /PRNewswire/ - Uranium Royalty Corp. (TSXV: URC) (US: URCCF) ( URC or the Company ) is pleased to announce it has entered into a definitive agreement to acquire existing royalty interests on the McArthur River and Cigar Lake Mines in Saskatchewan, Canada.
Highlights
The acquisition represents a transformational transaction for Uranium Royalty Corp (URC), providing potential near to long-term cash-flow opportunities from existing long-life mines operated by Cameco Corporation (
Cameco ) and partnered with Orano Canada Inc. (
Orano ), two of the world s most prominent uranium and nuclear fuel companies;
World-class production profile: McArthur River and Cigar Lake mines rank as the two largest high-grade uranium mines in the world, with ore grade 100 times world averages as disclosed by Cameco. Based on disclosed production capacities, the mines have the combined capacity equal to 21% of global forecasted u
Resilient in the face of unprecedented challenges; Globally, net-zero carbon targets support nuclear growth story
Cameco today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2020 in accordance with International Financial Reporting Standards . “As we head into 2021, we remain positive about the long-term fundamentals for the uranium market,” said Tim Gitzel, Cameco’s president and CEO. “Around the globe, we are seeing an increasing focus on electrification …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2020 in accordance with International Financial Reporting Standards (IFRS).
Riverside Resources Inc.: Riverside Resources Sells Its Geraldton Greenstone Belt Canadian Portfolio to iMetal Resources Inc for Shares And 2.5% NSR
Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY)
( Riverside or the Company ), is pleased to announce the sale of the Company s Oakes, Pichette and Longrose Projects in northwestern Ontario for eight (8) million common shares, a 2.5% NSR and cash considerations to iMetal Resources Inc. ( iMetal )
(TSXV: IMR
) (OTCBB: ADTFF) (FSE: A7V2). The Riverside projects are located in the Beardmore Geraldton Greenstone Belt (BGGB), northeast of Thunder Bay, Ontario. iMetal has exploration projects in the Abitibi Greenstone Gold Belt and upon closing of this transaction Riverside will be a cornerstone shareholder in this new collaborative Canadian-focused gold exploration company. Highlights from the three Riverside projects include:
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Resilient in the face of unprecedented challenges; Globally, net-zero carbon targets support .
Cameco CorpFebruary 10, 2021 GMT
SASKATOON, Saskatchewan, Feb. 10, 2021 (GLOBE NEWSWIRE) Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2020 in accordance with International Financial Reporting Standards (IFRS).
“As we head into 2021, we remain positive about the long-term fundamentals for the uranium market,” said Tim Gitzel, Cameco’s president and CEO. “Around the globe, we are seeing an increasing focus on electrification for various reasons. There are those that are installing baseload power, those who are looking for a reliable replacement to fossil fuel sources, and finally, there is new demand for things like the electrification of transportation. This is occurring precisely at th