Nuclear Fuels announced it has closed its previously-announced non-brokered private placement of 2,446,483 units at a price of $0.35 per unit for total proceeds of $856,269. In conjunction with his appointment and at closing Gregory Huffman, Chief Executive Officer and Director, acquired 2,000,000 Shares and 1,000,000 Warrants, representing 3.19% of the outstanding shares and 4.7% of the outstanding shares on a partially [...]
Nuclear Fuels Inc. announced an increase to its previously announced private placement to 2,446,483 units, for gross proceeds of $856,259, as a result of enCore Energy Corp. exercising its right to maintain its pro-rata ownership. Gregory Huffman will be purchasing 2,000,000 units in conjunction with his appointment as Chief Executive Officer of Nuclear Fuels. enCore Energy Corp., a NASDAQ-listed company and Nuclear [...]
CSE:NF OTCQX:NFUNF Nuclear Fuels Inc. today announced the appointment of Mr. Gregory Huffman as Chief Executive Officer, President and Director of the Company effective immediately. Mr. Huffman brings over two decades of mining analysis and equity finance experience to the Company, with a focus on uranium and other energy-related metals. In connection with his appointment, Mr. Huffman will purchase by way of private [...]
Nuclear Fuels Inc. announces that it has changed its auditor from MNP LLP, Chartered Professional Accountants, to Davidson & Company LLP, Chartered Professional Accountants, effective May 10, 2024. The change was made in connection with the completion of the reverse takeover transaction between the Company and Uravan Minerals Inc. as detailed in a news release dated July 10, 2023. The Company is relying on an exemption [...]
Nuclear Fuels Inc. mobilized two drills for the second phase of its 200 hole drill program at the Kaycee Project in Wyoming's Powder River Basin. In 2023, 89 drill holes were completed. Drilling in 2024 will continue to expand historic uranium mineralization at depth and expand mineralization along trend and on other high priority targets identified. Nuclear Fuels is focused on the exploration and exploitation for In-Situ [...]
Nuclear Fuels Inc. is pleased to announce that the company will be presenting at Red Cloud's Pre-PDAC 2024 Mining Showcase on February 29th and March 1st, The Metals Investor Forum Toronto on March 1st and 2nd, and participating in the PDAC March 3rd to 6th. We invite our shareholders and all interested parties to join us at these events. Pre-PDAC 2024 Mining Showcase The annual conference will take place in-person at the [...]
Nuclear Fuels announced continuing positive results from its on-going drill program at its Kaycee Uranium Project in Wyoming's Powder River Basin with initial drilling at the Spur zone and continued drilling at the Saddle Zone, lying 2 miles distant from one another along trend, confirming and expanding historic mineralization. The final 2023 drill program results include 3 holes with significant uranium intercepts from [...]
Nuclear Fuels is pleased to announce the appointment of Rich Munson to the board of Directors. Rich Munson has been active in the natural resources business for 35+ years, starting as a natural resources lawyer specializing in taxation. Rich moved to the private sector in the mid -1980's when he joined the Energy Fuels companies owned by John Adams. Energy Fuels Nuclear became the largest US uranium producer in the late [...]
Nuclear Fuels announced continuing positive results from its on-going drill program at its Kaycee Uranium Project in Wyoming's Powder River Basin. 10 holes are reported with depths ranging from 350 to 600 feet. 5 holes returned significant uranium grades and thicknesses. Grade thicknesses over the economic cutoff of 0.3 ranged from 0.41 to 1.216 in the 3 holes with anomalous mineralization detected in 7 of the 10 holes [...]
Nuclear Fuels Inc. is pleased to announce that it has closed its previously announced private placement consisting of an aggregate of 12,720,000 units , including exercise in full of the underwriter's over-allotment option, at a price of $0.60 per Unit for aggregate gross proceeds to the Company of $7,632,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each [...]
Nuclear Fuels announced that it has entered into an agreement with PI Financial, as sole bookrunner, along with PowerOne Capital Markets Limited as co-leads, pursuant to which the Underwriters have agreed to purchase, on "bought deal" basis by way of private placement, 8,333,334 units of the Company at a price of C$0.60 per Unit for gross proceeds of approximately C$5 million. Each Unit shall consist of one common share [...]
Nuclear Fuels stated, on behalf of the Board of Directors and management of Nuclear Fuels Inc., that we thank you for your support throughout our first year of business. It has been a busy year with the completion of the Reverse Take Over of a publicly-traded company providing us with the opportunity to become a CSE listed company in July. This, in combination with the opportunistic expansion of our uranium portfolio in [...]
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