The Globe and Mail reported that uranium top producer, Cameco (TSX:CCO) is selling its stake in Bruce Power to Borealis Infrastructire, a division of the Ontario Municipal Employee Retirement System (OMERS) for $450-million.
Energy Company News Directory
Alpha Exploration Inc. (TSXV:AEX) commenced the VTEM and magnetic survey at Carpenter Lake in the Athabasca Basin, Saskatchewan, to cover an approximate 19 km strike length of the Cable Bay Shear Zone.
Zadar Ventures Ltd. (TSXV:ZAD) re-negotiated the terms of its private placement with Global Resources Investments Ltd and has agreed to raise $1,248,000 through the sale of 4,160,000 common shares, at a price of $0.30 per share.
Mega Uranium Ltd. (TSX:MGA) entered into a non-binding farm-in and joint venture terms sheet with Cameco Australia Pty Ltd, a wholly owned subsidiary of Cameco Corporation (TSX:CCO,NYSE:CCJ)
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) appointed Anton Tjahjono as a Director of CBM Asia Kuala Kapuas Ltd., a subsidiary of the Company.
Athabasca Nuclear Corp. (TSXV:ASC) President Charles Downie talks about effectively exploring a large land package in the Athabasca Basin by forming the Western Athabasca Syndicate.
Uranerz Energy Corporation (TSX:URZ) Chairman, Dennis Higgs, spoke to Resource Investing News at the Vancouver Resource Investment Conference about getting ready for mining in 2014 in the Powder River Basin of Wyoming, USA. The Company expects to start production at the Nichols Ranch ISR Uranium Project in the first quarter of 2014. Three contracts are already in [...]
Bacanora Minerals Ltd. (TSXV:BCN) announced that its Stage 2 drilling program on the Fleur and El Sauz concessions is nearing completion. Results of an additional seven new holes show lithium values averaging 1,683 ppm (0.90% LCE)over 20.88 metres in the upper clay and 4,821 ppm Li (2.57% LCE) over 28.80 metres in Lower Clay. The Company has also commenced construction of a pilot plant to refine the metallurgical treatment process for the overall Sonora Deposit.
Coalspur Mines Ltd. (TSX:CPT,ASX:CPL) announced yesterday that it has reached an agreement under which Borrowdale Park, its major shareholder, will provide it with a standby funding facility of C$10 million.