Energy Company News Directory

NexGen Energy Discovers New High Priority Area, “Bow Discovery”

NexGen Energy Ltd. (TSXV:NXE) discovered off-scale radioactivity, "Bow Discovery", approximately 3.7 km northeast and along trend from the Arrow zone in the Rook I property, Athabasca Basin. Bow is now a high priority area, and is coincident with the recent radon anomaly that tracks the strike of a VTEM conductor from 730m up to 140m wide. This particular radon anomaly has the highest reading of all known radon anomalies in the area with a peak reading of 36.0 pCi/L, and is 80 m south of off-scale radioactivity drilled in hole BO-15-10.

Energy Fuels CEO Stephen Antony Updates Shareholders

Energy Fuels Inc. (NYSEMKT:UUUU,TSX:EFR) President and CEO Stephen P. Antony provided an update to shareholders, citing the US remains to be in a good position to stay as the largest producer of nuclear power, "Growing geopolitical uncertainty in Eastern Europe and Africa is further highlighting the critical need for stable, reliable uranium sources." Mr. Antony also said that Energy Fuels eagerly awaits the closing of the Uranerz transaction in 2015.

Tuya Obtains Final Approval for Arrangement with Colonial Coal International

Colonial Coal International Corp. (TSXV:CAD) and Tuya Energy Inc. announced that Tuya has obtained a final order of approval from the Supreme Court of BC for the arrangement that will see Colonial acquire all of the issued and outstanding common shares of Tuya. This announcement follows the approval the companies received from shareholders at meetings held on March 19, 2015.

Forte Looks to Acquire 75 Percent Interest in Olympic Domain Uranium Project in South Australia, Secures Funding

Forte Energy NL (ASX:FTE,LSE:FTE) announced it has entered in a share sale agreement with Antares Mining Ltd. (ASX:AWW) to acquire 75 percent interest in the Olympic Domain project in South Australia for a cash consideration of AU$300,000. Forte has also secured additional funding for acquisitions and working capital in the form of convertible loans for GBP1,000,000 from Darwin Strategic Ltd.