Energy Company News Directory

RB Energy Puts Quebec Lithium Plant Back In Operation

RB Energy Inc. (TSX:RBI,OTCQX:RBEIF) has announced that its Quebec Lithium Plant is now back in operation following a scheduled maintenance and upgrade shutdown. During the recent shut-down several planned upgrades and maintenance programs were carried out, including a re-line of the rod mill, and modifications to the grizzly in the crushing circuit and the tie-in of the new primary optical ore sorter.

Uranerz Energy Increases Offering to US$12 Million

Uranerz Energy Corporation (NYSE MKT:URZ,TSX:URZ,FWB:U9E) has increased the size of the offering announced on July 16, 2014, due to demand, in order to raise gross proceeds of US$12 million consisting of 9,600,000 units of Uranerz at a price of US$1.25 per unit. Uranerz expects that net proceeds from the offering will be put towards continuing development and operations of mining facilities, including wellfields, at its Nichols Ranch ISR Uranium Project. Proceeds will also be used for general corporate purposes and for working capital.

Uranerz Energy Announces $10 Million Financing

Uranerz Energy Corporation (TSX:URZ,NYSE MKT:URZ,FWB:U9E) plans to offer and sell to the public in both the United States and Canada an aggregate of up to 8,000,000 units of Uranerz at a price per unit of US$1.25 to raise gross proceeds of up to US$10,000,000, before deducting the placement agents' fees and estimated offering expenses. Uranerz intends for the net proceeds from the offering to be utilized to continue development of mining facilities, including wellfields, at its Nichols Ranch ISR Uranium Project. Additionally, proceeds will be used for working capital and other general corporate purposes.