Energy Company News Directory

Ur-Energy Increases Mineral Resource Estimate at Lost Creek Property in Wyoming

Ur-Energy Inc. (TSX:URE,NYSEMKT:URG) announced a new and increased mineral resource estimate for its Lost Creek property in Wyoming. The new estimate came from an updated estimate in Mine Unit 1 as well as new resources encountered in a recent exploration drill program at the property, which consists of six contiguous areas totaling about 42,000 acres.

NexGen Energy Increases Bought Deal to C$23,740,000

NexGen Energy Ltd. (TSXV:NXE) announced that the bought deal financing with a syndicate of investment dealers co-led by Cormark Securities Inc. and Cantor Fitzgerald Canada Corporation and including Dundee Securities Ltd. and Haywood Securities Inc., has been increased to gross proceeds of C$23,740,000, consisting of 47,480,000 common shares on a bought deal basis, at a price of C$0.50 per share. The offering is expected to close on or about May 26, 2015.

Lithium Americas Begins Commercialization Discussions With POSCO

Lithium Americas (TSX:LAC) has announced that it is in commercialization discussions with Korean steelmaker POSCO to commercialize its Cauchari-Olaroz lithium project in Argentina. The companies expect to complete heads of agreement to define basic conditions for a new joint venture company. These are expected to include the right for Lithium Americas to use POSCO's proprietary lithium extraction technologies for the production of lithium carbonate and lithium hydroxide.

Dajin Resources, “could therefore be one of the greatest percentage gainers” says Peter Epstein

Dajin Resources (TSXV:DJI,OTC:DJIFF) was featured in Peter Epstein's article entitled, "Lithium Hype, Yes, True? Probably – Don’t Miss This One". He mentions that Dajin is poised for success because of its strategically located exploration targets, small market cap and blue-sky potential. Mr. Epstein continues to say that another reason to follow Dajin is that it has projects in both Nevada and South America, with "one of the smallest market caps of a pure play lithium company and could therefore be one of the greatest percentage gainers."