Energy Company News Directory

Fission Uranium Hits Off-Scale Mineralization in 7 holes at Patterson Lake South

Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from the first 14 drill holes from its Patterson Lake South summer drill program. Notably, all 14 holes returned wide mineralization, with seven angled holes and three vertical holes returning substantial intervals of off-scale (>10,000 cps) radioacticity.

Uranerz Energy Closes US$12 Million Financing

Uranerz Energy Corporation (NYSE MKT:URZ,TSX:URZ,FWB:U9E) has closed its previously announced offering of units. Uranerz expects net proceeds from the offering to be used to continue development and operations of mining facilities, including wellfields, at the Company's Nichols Ranch ISR Uranium Project, as well as for working capital and general corporate purposes.