Figure 1: Target corridors at the East Preston Uranium Project, Western Athabasca Basin Saskatchewan

Figure 1: Target corridors at the East Preston Uranium Project, Western Athabasca Basin Saskatchewan

Figure 2: 2021 Drill Target areas at the East Preston Uranium Project

Figure 2: 2021 Drill Target areas at the East Preston Uranium Project

Figure 3: 2021 Radiometric survey coverage at East Preston Uranium Project

Figure 3: 2021 Radiometric survey coverage at East Preston Uranium Project

Figure 4: Project Location – Western Athabasca Basin, Saskatchewan, Canada

Figure 4: Project Location – Western Athabasca Basin, Saskatchewan, Canada

VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to provide an update on the upcoming summer exploration program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

The primary target area for the 2021 summer program continues to be the conductive corridor from the A-Zone through to the G-Zone (Figures 1 and 2) were recent drilling encountered elevated uranium levels in three of the five holes drilled (see Company news release dated June 8, 2021).

The selection of this trend is based on a compilation of results from the 2018 through 2020 ground-based EM and gravity surveys, property wide VTEM and magnetic surveys, and the 2019 through 2021 drill programs. The 2020 HLEM survey completed in December indicates multiple prospective conductors and structural complexity along the eastern edge of this corridor.

Terralogic Exploration Inc. has been contracted to facilitate an airborne radiometric survey over the previously unsurveyed southern portion of the property (Figure 3) and conduct field investigations of resulting anomalies. Special Project Inc. (SPI) of Calgary, Alberta, has been selected as the contractor using a fixed wing aircraft to complete the airborne radiometric survey, which will consist of approximately 1,700 km of survey lines flown at a low minimum altitude and 50 m line spacing to ensure good data collection and a high survey resolution. The airborne survey is expected to commence within the next few weeks, and take approximately one week to complete, with approximately one week of ground follow-up to proceed shortly thereafter.

An airborne radiometric survey uses a gamma ray scintillometer mounted on an airborne platform to measure and map the natural radiation emitted by the rocks and soil the aircraft is flying over. Gamma radiation occurs from the natural decay of elements such as uranium, thorium, and potassium. Locations that have a higher radiation signature (anomalies) than the normal values for the surrounding area (background) would then be examined by crews on the ground for the potential presence of radioactive bedrock if there is not much glacial till cover, or boulders in the till that could be traced back to a source. Many uranium deposits in the Athabasca Basin, including the nearby Triple-R deposit, have been found by following trails of radioactive boulders in the glacial till back to their source.

“The additional radiometric survey coverage will help us ensure that we are focusing on the best sections of the conductive trends we have identified,” said Exploration Manager Trevor Perkins. “We are eager to add these results to our data package to make sure that the highest quality targets are tested first,” continued Mr. Perkins.

Preparation continues for a targeted late summer/early fall diamond drill program to complete approximately 1,000m of drilling remaining from the shortened winter 2021 program, and an extensive 6,000 meter program consisting of 25-30 drill holes to be completed in the winter of 2022. Target selection for these programs will be refined based on the summer 2021 field activities.

Permits and funding are in place to complete all the planned work through the winter of 2022, and consultations and information sessions with local communities are continuing over the next several weeks. The Company will update investors on the timing for drilling once all consultations are complete and when the drill contractor is secured.

Figure 1: Target corridors at the East Preston Uranium Project, Western Athabasca Basin Saskatchewan
https://www.globenewswire.com/NewsRoom/AttachmentNg/f0cd7897-f976-4ede-b727-fe7c8b0bb974

Figure 2: 2021 Drill Target areas at the East Preston Uranium Project
https://www.globenewswire.com/NewsRoom/AttachmentNg/2705e0e0-a6d0-4c2f-9bfb-a9ae6a00f8f0

Figure 3: 2021 Radiometric survey coverage at East Preston Uranium Project.
https://www.globenewswire.com/NewsRoom/AttachmentNg/506ce67f-15df-489c-b15f-4c104d5fae59

Figure 4: Project Location – Western Athabasca Basin, Saskatchewan, Canada
https://www.globenewswire.com/NewsRoom/AttachmentNg/4073a4de-a6d0-4ef7-93b5-a5244db2d689

About East Preston

Azincourt controls a majority 70% interest in the 25,000+ hectare East Preston project as part of a joint venture agreement with Skyharbour Resources (TSX.V: SYH), and Dixie Gold. Three prospective conductive, low magnetic signature corridors have been discovered on the property. The three distinct corridors have a total strike length of over 25 km, each with multiple EM conductor trends identified. Ground prospecting and sampling work completed to date has identified outcrop, soil, biogeochemical and radon anomalies, which are key pathfinder elements for unconformity uranium deposit discovery.

The East Preston Project has multiple long linear conductors with flexural changes in orientation and offset breaks in the vicinity of interpreted fault lineaments – classic targets for basement-hosted unconformity uranium deposits. These are not just simple basement conductors; they are clearly upgraded/enhanced prospectivity targets because of the structural complexity.

The targets are basement-hosted unconformity related uranium deposits similar to NexGen’s Arrow deposit and Cameco’s Eagle Point mine. East Preston is near the southern edge of the western Athabasca Basin, where targets are in a near surface environment without Athabasca sandstone cover – therefore they are relatively shallow targets but can have great depth extent when discovered. The project ground is located along a parallel conductive trend between the PLS-Arrow trend and Cameco’s Centennial deposit (Virgin River-Dufferin Lake trend).

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by C. Trevor Perkins, P.Geo., Exploration Manager of Azincourt Energy, and a Qualified Person as defined by National Instrument 43-101.

About Azincourt Energy Corp.

Azincourt Energy is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its joint venture East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada, and the Escalera Group uranium-lithium project located on the Picotani Plateau in southeastern Peru.

ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.

“Alex Klenman”
Alex Klenman, President & CEO

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release includes “forward-looking statements”, including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Azincourt. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially.

For further information please contact:

Alex Klenman, President & CEO
Tel: 604-638-8063
info@azincourtenergy.com

Azincourt Energy Corp.
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 866 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of Cameco Corporation (NYSE:CCJ).

Cameco Corporation (NYSE:CCJ) has experienced an increase in support from the world's most elite money managers of late. Cameco Corporation (NYSE:CCJ) was in 30 hedge funds' portfolios at the end of March. The all time high for this statistic was previously 28. This means the bullish number of hedge fund positions in this stock currently sits at its all time high. Our calculations also showed that CCJ isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings).

Today there are tons of signals market participants use to evaluate stocks. Two of the most useful signals are hedge fund and insider trading indicators. Our experts have shown that, historically, those who follow the best picks of the elite fund managers can trounce their index-focused peers by a solid margin (see the details here). Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. You can download a sample issue of this newsletter on our website .

Louis Bacon Moore of Moore Capital

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best EV stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Now we're going to take a look at the fresh hedge fund action surrounding Cameco Corporation (NYSE:CCJ).

Do Hedge Funds Think CCJ Is A Good Stock To Buy Now?

At Q1's end, a total of 30 of the hedge funds tracked by Insider Monkey were long this stock, a change of 20% from one quarter earlier. By comparison, 24 hedge funds held shares or bullish call options in CCJ a year ago. With the smart money's capital changing hands, there exists a select group of key hedge fund managers who were upping their holdings considerably (or already accumulated large positions).

When looking at the institutional investors followed by Insider Monkey, David Iben's Kopernik Global Investors has the most valuable position in Cameco Corporation (NYSE:CCJ), worth close to $163 million, corresponding to 18.3% of its total 13F portfolio. The second most bullish fund manager is MFN Partners, led by Farhad Nanji and Michael DeMichele, holding a $100.5 million position; 7.5% of its 13F portfolio is allocated to the stock. Some other professional money managers with similar optimism encompass Louis Bacon's Moore Global Investments, Phill Gross and Robert Atchinson's Adage Capital Management and Ken Griffin's Citadel Investment Group. In terms of the portfolio weights assigned to each position Kopernik Global Investors allocated the biggest weight to Cameco Corporation (NYSE:CCJ), around 18.35% of its 13F portfolio. Moerus Capital Management is also relatively very bullish on the stock, setting aside 9.42 percent of its 13F equity portfolio to CCJ.

As one would reasonably expect, key money managers have jumped into Cameco Corporation (NYSE:CCJ) headfirst. MFN Partners, managed by Farhad Nanji and Michael DeMichele, created the most outsized position in Cameco Corporation (NYSE:CCJ). MFN Partners had $100.5 million invested in the company at the end of the quarter. Louis Bacon's Moore Global Investments also made a $46.1 million investment in the stock during the quarter. The other funds with new positions in the stock are Mike Masters's Masters Capital Management, Richard Driehaus's Driehaus Capital, and Dmitry Balyasny's Balyasny Asset Management.

Let's also examine hedge fund activity in other stocks similar to Cameco Corporation (NYSE:CCJ). These stocks are CDK Global Inc (NASDAQ:CDK), Skechers USA Inc (NYSE:SKX), Plains All American Pipeline, L.P. (NYSE:PAA), Vir Biotechnology, Inc. (NASDAQ:VIR), SLM Corp (NASDAQ:SLM), Envista Holdings Corporation (NYSE:NVST), and Woori Financial Group Inc. (NYSE:WF). This group of stocks' market valuations match CCJ's market valuation.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position CDK,18,298124,-9 SKX,29,531729,-2 PAA,7,57037,-3 VIR,9,17685,4 SLM,27,996426,8 NVST,34,889306,1 WF,2,3273,1 Average,18,399083,0 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 18 hedge funds with bullish positions and the average amount invested in these stocks was $399 million. That figure was $493 million in CCJ's case. Envista Holdings Corporation (NYSE:NVST) is the most popular stock in this table. On the other hand Woori Financial Group Inc. (NYSE:WF) is the least popular one with only 2 bullish hedge fund positions. Cameco Corporation (NYSE:CCJ) is not the most popular stock in this group but hedge fund interest is still above average. Our overall hedge fund sentiment score for CCJ is 83.8. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 22.8% in 2021 through July 2nd and still beat the market by 6 percentage points. Hedge funds were also right about betting on CCJ, though not to the same extent, as the stock returned 15.3% since Q1 (through July 2nd) and outperformed the market as well.

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Readers hoping to buy Anglo Pacific Group plc (LON:APF) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase Anglo Pacific Group's shares before the 8th of July to receive the dividend, which will be paid on the 18th of August.

The company's next dividend payment will be UK£0.037 per share, and in the last 12 months, the company paid a total of UK£0.09 per share. Looking at the last 12 months of distributions, Anglo Pacific Group has a trailing yield of approximately 6.4% on its current stock price of £1.4. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether Anglo Pacific Group can afford its dividend, and if the dividend could grow.

View our latest analysis for Anglo Pacific Group

If a company pays out more in dividends than it earned, then the dividend might become unsustainable – hardly an ideal situation. Anglo Pacific Group lost money last year, so the fact that it's paying a dividend is certainly disconcerting. There might be a good reason for this, but we'd want to look into it further before getting comfortable. Given that the company reported a loss last year, we now need to see if it generated enough free cash flow to fund the dividend. If Anglo Pacific Group didn't generate enough cash to pay the dividend, then it must have either paid from cash in the bank or by borrowing money, neither of which is sustainable in the long term. Over the past year it paid out 115% of its free cash flow as dividends, which is uncomfortably high. It's hard to consistently pay out more cash than you generate without either borrowing or using company cash, so we'd wonder how the company justifies this payout level.

Click here to see the company's payout ratio, plus analyst estimates of its future dividends.

Have Earnings And Dividends Been Growing?

Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Anglo Pacific Group reported a loss last year, but at least the general trend suggests its income has been improving over the past five years. Even so, an unprofitable company whose business does not quickly recover is usually not a good candidate for dividend investors.

The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Anglo Pacific Group's dividend payments are broadly unchanged compared to where they were 10 years ago.

We update our analysis on Anglo Pacific Group every 24 hours, so you can always get the latest insights on its financial health, here.

Final Takeaway

Has Anglo Pacific Group got what it takes to maintain its dividend payments? We're a bit uncomfortable with it paying a dividend while being loss-making, especially given that the dividend was not well covered by free cash flow. It's not an attractive combination from a dividend perspective, and we're inclined to pass on this one for the time being.

With that being said, if you're still considering Anglo Pacific Group as an investment, you'll find it beneficial to know what risks this stock is facing. For example – Anglo Pacific Group has 3 warning signs we think you should be aware of.

We wouldn't recommend just buying the first dividend stock you see, though. Here's a list of interesting dividend stocks with a greater than 2% yield and an upcoming dividend.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

SASKATOON, Saskatchewan, July 04, 2021 (GLOBE NEWSWIRE) —

Cameco (TSX: CCO; NYSE: CCJ) is returning its regular workforce to the Cigar Lake uranium mine in northern Saskatchewan today and planning to restart production later this week.

About 230 workers were evacuated from the site on July 1 as a precaution due to the proximity of a wildfire burning in the vicinity of the operation. In consultation with provincial wildfire management officials from the Saskatchewan Public Safety Agency, we believe the risk to Cigar Lake posed by the fire has now subsided.

With improved weather and smoke conditions, minimal likelihood of further road closures in the area, and all infrastructure at Cigar Lake remaining intact, Cameco believes the full complement of personnel can be safely remobilized and regular operations resumed.

Cameco is now in the process of transporting employees and contractors back to site. Final inspections and preparation of equipment will occur over the days ahead to ready the operation for a return to production.

Profile

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

Caution Regarding Forward-Looking Information and Statements

This news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include the statements regarding our plans to restart production and resume regular operations, the fire risk, weather conditions, and remobilizing personnel. Material risks that could lead to different results include: the risk that our plans to restart production and resume regular operations may be delayed or may not succeed for any reason; the risk of delays in remobilizing our personnel back to site; the risk that weather or fire conditions become adverse; the risk that damage has occurred to Cigar Lake infrastructure; an operating risk occurs disrupting our plans; and the risk we may be unable to comply with applicable regulatory requirements. In presenting this forward-looking information, we have made assumptions which may prove incorrect, including assumptions regarding the availability of our personnel, weather and fire conditions, and other factors which may affect the timing of and our ability to restart production at Cigar Lake and return to regular operations as planned. Forward-looking information is designed to help you understand management’s current views of our near-term and longer-term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.

Investor inquiries:
Rachelle Girard
306-956-6403
rachelle_girard@cameco.com

Media inquiries:
Jeff Hryhoriw
306-385-5221
jeff_hryhoriw@cameco.com

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So before you buy or sell Paladin Energy Limited (ASX:PDN), you may well want to know whether insiders have been buying or selling.

Do Insider Transactions Matter?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, most countries require that the company discloses such transactions to the market.

Insider transactions are not the most important thing when it comes to long-term investing. But equally, we would consider it foolish to ignore insider transactions altogether. For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year'.

Check out our latest analysis for Paladin Energy

The Last 12 Months Of Insider Transactions At Paladin Energy

While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Paladin Energy is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Paladin Energy

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.5% of Paladin Energy shares, worth about AU$7.4m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Paladin Energy Insiders?

Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Paladin Energy insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Paladin Energy. For example, Paladin Energy has 3 warning signs (and 1 which is significant) we think you should know about.

If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Investors focused on the Basic Materials space have likely heard of Impala Platinum Holdings (IMPUY), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Impala Platinum Holdings is a member of the Basic Materials sector. This group includes 251 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. IMPUY is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for IMPUY's full-year earnings has moved 6.32% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, IMPUY has gained about 22.82% so far this year. At the same time, Basic Materials stocks have gained an average of 19.54%. As we can see, Impala Platinum Holdings is performing better than its sector in the calendar year.

Looking more specifically, IMPUY belongs to the Mining – Miscellaneous industry, a group that includes 47 individual stocks and currently sits at #106 in the Zacks Industry Rank. Stocks in this group have gained about 31.07% so far this year, so IMPUY is slightly underperforming its industry this group in terms of year-to-date returns.

IMPUY will likely be looking to continue its solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to the company.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Impala Platinum Holdings Ltd. (IMPUY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

SASKATOON, Saskatchewan, July 02, 2021 (GLOBE NEWSWIRE) —

Cameco (TSX: CCO; NYSE: CCJ) provided an update today regarding the wildfire situation near the Cigar Lake uranium mine in northern Saskatchewan.

All of the roughly 80 essential workers who remain at Cigar Lake are safe. The wildfire has moved past the main camp area without serious impact to the site itself. While our inspections continue, we believe no structural damage has occurred to any buildings and all assets appear intact.

However, the situation remains active. Forest fires are dynamic and circumstances can change rapidly. We therefore continue to monitor the situation very closely and work alongside provincial wildfire management officials from the Saskatchewan Public Safety Agency (SPSA) who remain on-site. Crews extinguished a few hot spots overnight and some roads in the area remain closed.

Weather conditions are forecast to remain hot and dry in the north today before temperatures ease through the following days. Variable and shifting wind and smoke patterns can also pose a challenge.

There is currently no timeline for the return to site of the roughly 230 workers who were evacuated from Cigar Lake or for the resumption of production. However, planning for the remobilization process and the associated logistics is underway. A restart decision will be contingent on a variety of factors, including the status of wildfire activity in the area, the impact of ongoing smoke conditions, and safe road and air access to site.

Cameco is grateful for the tremendous support and assistance we continue to receive from SPSA officials, along with our own personnel who remain at Cigar Lake to secure the site and conduct essential duties, as well as those from other sites aiding in the effort.

Profile

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

Caution Regarding Forward-Looking Information and Statements

This news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include the statements regarding our continuing inspections of the buildings and assets, our continued monitoring of the situation, our ongoing work alongside provincial wildfire management officials, future weather conditions, our plans for the remobilization process and the factors on which a restart decision will be contingent. Material risks that could lead to different results include the risk that structural or other damage has in fact occurred to our buildings or other assets; the risk that weather conditions will continue to be adverse for longer than expected, or worsen; and the risk that all of the necessary factors for us to be able to implement a restart decision may not occur for an extended period of time. In presenting this forward-looking information, we have made assumptions which may prove incorrect, including assumptions regarding our ability to monitor the situation closely with provincial officials, weather conditions and the factors that will affect our ability to restart operations. Forward-looking information is designed to help you understand management’s current views of our near-term and longer-term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.

Investor inquiries:
Rachelle Girard
306-956-6403
rachelle_girard@cameco.com

Media inquiries:
Jeff Hryhoriw
306-385-5221
jeff_hryhoriw@cameco.com

SASKATOON, Saskatchewan, July 01, 2021 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) has made the decision to evacuate all non-essential personnel from the Cigar Lake uranium mine in northern Saskatchewan.

The action is being taken as a precaution due to the proximity of a northern wildfire that is currently burning in the vicinity of the operation. The situation is complicated by extremely warm, dry weather, resulting from the heat dome that has settled over western Canada in recent days, along with variable wind and smoke conditions.

Production at Cigar Lake has been temporarily suspended. Approximately 230 workers are being transported off site. Roughly 80 essential personnel will remain on site to maintain the facility in a safe state. Should the wildfire threat grow considerably at site, a plan is in place to ensure their safety.

A number of precautions have been implemented at Cigar Lake to limit the risk posed by the wildfire. Cameco is working closely with provincial wildfire management personnel from the Saskatchewan Public Safety Agency, who are on-site assessing the situation on an ongoing basis. The decision to evacuate the operation was made in conjunction with these officials.

Profile

Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.

Caution Regarding Forward-Looking Information and Statements

This news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include the statements regarding our expectations that the suspension will be temporary, that essential personnel will remain on site to maintain the facility in a safe state and that we will be able to ensure their safety. Material risks that could lead to different results include the risks that the suspension may extend for longer than we expect, and that we may not be able to maintain a safe state or ensure the safety of the personnel remaining on site. In presenting this forward-looking information, we have made assumptions which may prove incorrect, including assumptions regarding the duration of the suspension, our ability to maintain the facility in a safe state, and our ability to ensure the safety of personnel. Forward-looking information is designed to help you understand management’s current views of our near-term and longer-term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.

Investor inquiries:
Rachelle Girard
306-956-6403
rachelle_girard@cameco.com

Media inquiries:
Jeff Hryhoriw
306-385-5221
jeff_hryhoriw@cameco.com

Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards Centrus Energy Corp. (NYSE:LEU).

Is Centrus Energy Corp. (NYSE:LEU) undervalued? Hedge funds were taking a bullish view. The number of long hedge fund bets went up by 2 in recent months. Centrus Energy Corp. (NYSE:LEU) was in 6 hedge funds' portfolios at the end of the first quarter of 2021. The all time high for this statistic is 4. This means the bullish number of hedge fund positions in this stock currently sits at its all time high. Our calculations also showed that LEU isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings). There were 4 hedge funds in our database with LEU positions at the end of the fourth quarter.

According to most investors, hedge funds are assumed to be underperforming, outdated financial tools of yesteryear. While there are over 8000 funds in operation at present, Our experts look at the top tier of this group, approximately 850 funds. These investment experts orchestrate bulk of all hedge funds' total asset base, and by tailing their finest stock picks, Insider Monkey has spotted several investment strategies that have historically outrun the S&P 500 index. Insider Monkey's flagship short hedge fund strategy beat the S&P 500 short ETFs by around 20 percentage points a year since its inception in March 2017. Also, our monthly newsletter's portfolio of long stock picks returned 206.8% since March 2017 (through May 2021) and beat the S&P 500 Index by more than 115 percentage points. You can download a sample issue of this newsletter on our website .

Ken Griffin of Citadel Investment Group

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, an activist hedge fund owns nearly 40% of this $24 biotech stock and is trying to buy the rest for around $50. So, we recommended a long position to our monthly premium newsletter subscribers. We go through lists like the 10 best battery stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. With all of this in mind we're going to take a look at the key hedge fund action regarding Centrus Energy Corp. (NYSE:LEU).

Do Hedge Funds Think LEU Is A Good Stock To Buy Now?

Heading into the second quarter of 2021, a total of 6 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 50% from one quarter earlier. By comparison, 2 hedge funds held shares or bullish call options in LEU a year ago. So, let's see which hedge funds were among the top holders of the stock and which hedge funds were making big moves.

Among these funds, Renaissance Technologies held the most valuable stake in Centrus Energy Corp. (NYSE:LEU), which was worth $11.2 million at the end of the fourth quarter. On the second spot was Millennium Management which amassed $3.2 million worth of shares. Citadel Investment Group, ExodusPoint Capital, and Citadel Investment Group were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Manatuck Hill Partners allocated the biggest weight to Centrus Energy Corp. (NYSE:LEU), around 0.12% of its 13F portfolio. Renaissance Technologies is also relatively very bullish on the stock, dishing out 0.01 percent of its 13F equity portfolio to LEU.

Consequently, specific money managers have been driving this bullishness. Citadel Investment Group, managed by Ken Griffin, assembled the most valuable position in Centrus Energy Corp. (NYSE:LEU). Citadel Investment Group had $0.5 million invested in the company at the end of the quarter. Mark Broach's Manatuck Hill Partners also made a $0.4 million investment in the stock during the quarter. The only other fund with a new position in the stock is Thomas Bailard's Bailard Inc.

Let's also examine hedge fund activity in other stocks – not necessarily in the same industry as Centrus Energy Corp. (NYSE:LEU) but similarly valued. We will take a look at Net 1 UEPS Technologies Inc (NASDAQ:UEPS), iRadimed Corporation (NASDAQ:IRMD), G. Willi-Food International Limited (NASDAQ:WILC), Cheetah Mobile Inc (NYSE:CMCM), Utah Medical Products, Inc. (NASDAQ:UTMD), Atento SA (NYSE:ATTO), and Neuronetics, Inc. (NASDAQ:STIM). This group of stocks' market valuations match LEU's market valuation.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position UEPS,8,23623,-3 IRMD,3,50698,-2 WILC,2,31828,0 CMCM,4,3156,0 UTMD,4,28627,-2 ATTO,5,128141,-1 STIM,19,123225,4 Average,6.4,55614,-0.6 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 6.4 hedge funds with bullish positions and the average amount invested in these stocks was $56 million. That figure was $16 million in LEU's case. Neuronetics, Inc. (NASDAQ:STIM) is the most popular stock in this table. On the other hand G. Willi-Food International Limited (NASDAQ:WILC) is the least popular one with only 2 bullish hedge fund positions. Centrus Energy Corp. (NYSE:LEU) is not the least popular stock in this group but hedge fund interest is still below average. Our overall hedge fund sentiment score for LEU is 48.8. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 19.3% in 2021 through June 25th and beat the market by 4.8 percentage points. A small number of hedge funds were also right about betting on LEU, though not to the same extent, as the stock returned 11.1% since the end of Q1 (through June 25th) and outperformed the market.

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Disclosure: None. This article was originally published at Insider Monkey.

Vancouver, British Columbia–(Newsfile Corp. – June 30, 2021) – Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces that it has closed the first tranche of its non-brokered private placement announced on June 24, 2021. The Company raised $500,000 through the issuance of 1,111,112 flow through units priced at $0.45 per unit. Each unit consists of one flow through common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a price of $0.57 for up to two years expiring June 29, 2023.

The Company paid $35,000 and issued 77,778 finder warrants. The finder warrants are priced at $0.45 for a term of 2 years expiring June 29, 2023.

All securities issued are subject to a four month hold period expiring October 30, 2021.

Proceeds will be used for further exploration of the Company's uranium, copper, nickel and palladium projects in Saskatchewan.

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects being drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's Number One Rated mining province for exploration and development. In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt. For further information: www.forumenergymetals.com

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

NORTH AMERICA
Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 778-772-3100

UNITED KINGDOM
Burns Singh Tennent-Bhohi, Director
burnsstb@forumenergymetals.com
Tel: 074-0316-3185

Not for distribution to United States Newswire Services or for dissemination in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89075

71.90 m grading 1.29 g/t 2PGE+Au, and 59.20 m grading 1.09 g/t 2PGE+Au at Trapia 1 target

VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced initial Platinum Group Element (“PGE”, “2PGE+Au”) assay results from the ongoing 8,000-metre (“m”) drill program at ValOre’s 100%-owned Pedra Branca PGE Project (“Pedra Branca”) in northeastern Brazil.

“ValOre’s drilling at Trapia 1 continues to produce significant, broad intercepts of PGE mineralization at or above average resource grade, with 2020-2021 drilling more than doubling both the strike and depth extent of known mineralization, which remains open in most directions,” stated ValOre’s VP of Exploration, Colin Smith. “When comparing the gram*metre values of the 33 total holes drilled at Trapia 1 to date, with 15 historical and 18 by ValOre, ValOre has produced 15 of the best 25, including 6 of the best 8 drill holes, all of which sit entirely outside of the existing NI 43-101 defined resource area.”

PGE assay highlights for the first three core holes drilled at the Trapia 1 target:

• Drill hole DD21TU21*

  • 71.90 m grading 1.29 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”) from 134.95 m
    incl. 1.55 m grading 10.82 g/t 2PGE+Au from 167.75 m;

• Drill hole DD21TU22*

  • 59.20 m grading 1.09 g/t 2PGE+Au from 172.80 m
    incl. 1.25 m grading 15.11 g/t 2PGE+Au from 201.60 m;

• Drill hole DD21TU23*

  • 49.75 m grading 0.66 g/t 2PGE+Au from 208.10 m

• Target ultramafic (“UM”) intrusion encountered in six of eight 2021 core holes drilled to date;

• Assays pending for the final four holes (DD21TU25-28);

• 1,885 m drilled in total at Trapia 1 in 2021;

• Follow-up drilling at Trapia 1 to be planned following receipt and review of remaining assays;

• Both core rigs have moved to the Trapia 2 target (~2 km to the northwest), commencing a planned 960 m of drilling in six holes.

*Reported assay interval lengths are core lengths and estimated to be 90-100% true width

Initial 2021 Trapia 1 Drilling Results

ValOre has drilled eight core drill holes (1,885 m) at Trapia 1 thus far in 2021, with the target host UM intrusion intercepted in six of the eight holes. Assays are pending for the four holes not reported herein, and subsequent follow-up drilling is to be planned upon receipt and review of the remaining assays.

The mineralized UM sequence is characterized by alternating chromitite-bearing peridotites, dunites, with local serpentinites and schists, with decimetre to metre-scale chromitite reef horizons which are typical of high-grade PGEs (>10 g/t 2PGE+Au). An upper-UM-contact chromitite reef horizon was drilled in the first three 2021 holes at Trapia 1, and the reef correlates well with the high-grade chromitite intersected in 2020 drill hole DD20TU13 (2.45 m at 9.42 g/t 2PGE+Au). While no UMs were encountered in drill hole DD21TU24 (the most easterly drill hole, 100 m down-dip of DD21TU21), mineralization is open down-dip and along strike of all remaining 2021 drill holes.

CLICK HERE for more information regarding the 2021 exploration program at Pedra Branca, CLICK HERE for a regional map of 2021 drill targets (Figure 1), CLICK HERE for a plan map of Trapia 1 drilling (Figure 2), CLICK HERE for a summary cross section of ValOre’s resource expansion drilling to date at Trapia 1 (Figure 3), and see Table 1 below for a summary of significant core assay results reported herein.

Drill hole DD21TU21

Core drill hole DD21TU21 stepped out 100 m down-dip to the east from 2020 drill hole DD20TU12, which graded 100.42 m at 0.76 g/t 2PGE+Au from 93.15 m. Two separate chromitite reef horizons were observed within the broader 75.70 m UM interval which started at 134.95 m hole depth (~117 m vertical depth). Chromitite-bearing peridotites, dunites and local serpentinites dominated the target UM package.

This hole returned an assay highlight of 71.90 m grading 1.29 g/t 2PGE+Au from 134.95 m, including 23.00 m grading 2.51 g/t 2PGE+Au from 160.00 m, and 1.55 m grading 10.82 g/t 2PGE+Au from 167.75 m. CLICK HERE for a cross section of DD21TU21 and associated up- and down-dip drill holes (Figure 4).

Drill hole DD21TU22

Drill hole DD21TU22 stepped out 100 m down-dip to the east from 2020 drill hole DD20TU20, which graded 76.74 m at 1.25 g/t 2PGE+Au from 176.81 m, including 30.55 m at 2.33 g/t 2PGE+Au from 223.00 m. The target UM intrusion was intercepted for 73.10 m in DD21TU22, from a down-hole depth of 172.80 m (~149 m vertical), with three separate chromitite reef horizons encountered within the UM package, including a 1.25 m reef at 201.60 (~174 m vertical depth). Chromitite-bearing peridotites, dunites and local serpentinites dominated the sequence.

The hole returned an assay highlight of 59.20 m grading 1.09 g/t 2PGE+Au from 172.80 m, including 7.45 m grading 2.48 g/t 2PGE+Au from 175.80 m, and 1.25 m grading 15.11 g/t 2PGE+Au from 201.60 m. CLICK HERE for a cross section of DD21TU22 and associated up-dip drill holes (Figure 5).

Drill hole DD21TU23

Drill hole DD21TU23 stepped out 100 m down-dip to the east from 2020 drill hole DD20TU13, which graded 61.85 m at 0.81 g/t 2PGE+Au from 217.15, including 2.45 m at 9.42 g/t 2PGE+Au from 221.20 m. The target UM was intercepted for 50.75 m from 207.10 m depth (~180 m vertical depth), and hosted two separate chromitite reef horizons, including a 1.00 m interval at 235.10 m depth (~200 m vertical).

The hole returned an assay highlight of 49.75 m grading 0.66 g/t 2PGE+Au from 208.10 m, including 4.90 m grading 1.56 g/t 2PGE+Au from 208.10 m, and 2.44 m grading 4.18 g/t 2PGE+Au from 235.06 m. CLICK HERE for a cross section of DD21TU23 and associated up-dip drill holes (Figure 6).

Table 1: Summary of Significant Core Assay Results to Date from 2021 Drilling at Trapia 1

*Reported assay interval lengths are core lengths and estimated to be 90-100% true width

Quality Control/Quality Assurance (“QA/QC”) and Grade Interval Reporting

CLICK HERE for a summary of ValOre’s policies and procedures related to QA/QC and grade interval reporting.

Qualified Person (QP)

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Colin Smith, P.Geo., ValOre’s QP and Vice President of Exploration.

About ValOre Metals Corp.

ValOre Metals Corp. (TSX‐V: VO) is a Canadian company with a portfolio of high‐quality exploration projects. ValOre’s team aims to deploy capital and knowledge on projects which benefit from substantial prior investment by previous owners, existence of high-value mineralization on a large scale, and the possibility of adding tangible value through exploration, process improvement, and innovation.

In May 2019, ValOre announced the acquisition of the Pedra Branca Platinum Group Elements (PGE) property, in Brazil, to bolster its existing Angilak uranium, Genesis/Hatchet uranium and Baffin gold projects in Canada.

The Pedra Branca PGE Project comprises 39 exploration licenses covering a total area of 39,987 hectares (98,810 acres) in northeastern Brazil. At Pedra Branca, 5 distinct PGE+Au deposit areas host, in aggregate, a current Inferred Resource of 1,067,000 ounces 2PGE+Au contained in 27.2 million tonnes grading 1.22 g/t 2PGE+Au (CLICK HERE for ValOre’s July 23, 2019 news release). All the currently known Pedra Branca inferred PGE resources are potentially open pittable.

Comprehensive exploration programs have demonstrated the “District Scale” potential of ValOre’s Angilak Property in Nunavut Territory, Canada that hosts the Lac 50 Trend having a current Inferred Resource of 2,831,000 tonnes grading 0.69% U₃O₈, totaling 43.3 million pounds U₃O₈. For disclosure related to the inferred resource for the Lac 50 Trend uranium deposits, please CLICK HERE for ValOre’s news release dated March 1, 2013.

ValOre’s team has forged strong relationships with sophisticated resource sector investors and partner Nunavut Tunngavik Inc. (NTI) on both the Angilak and Baffin Gold Properties. ValOre was the first company to sign a comprehensive agreement to explore for uranium on Inuit Owned Lands in Nunavut Territory and is committed to building shareholder value while adhering to high levels of environmental and safety standards and proactive local community engagement.

On behalf of the Board of Directors,

“Jim Paterson”

James R. Paterson, Chairman and CEO

ValOre Metals Corp.

For further information about, ValOre Metals Corp. or this news release, please visit our website at valoremetals.com or contact Investor Relations at 604.653.9464, or by email at contact@valoremetals.com.

ValOre Metals Corp. is a proud member of Discovery Group. For more information please visit: discoverygroup.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking statements” within the meaning of applicable securities laws. Although ValOre believes that the expectations reflected in its forward-looking statements are reasonable, such statements have been based on factors and assumptions concerning future events that may prove to be inaccurate. These factors and assumptions are based upon currently available information to ValOre. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include the future operations of ValOre and economic factors. Readers are cautioned to not place undue reliance on forward-looking statements. The statements in this press release are made as of the date of this release and, except as required by applicable law, ValOre does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. ValOre undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of ValOre, or its financial or operating results or (as applicable), their securities.

TORONTO, June 30, 2021 /CNW/ – Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held on Wednesday, June 30, 2021, in Toronto.

A total of 58,490,323 common shares of the Company ("Common Shares") were represented and all matters presented for approval at the Meeting have been duly authorized and approved. Shareholders voted in favour of all matters brought before the Meeting, as follows:

The four nominees proposed by management were elected by shareholders, with the detailed results for the election of directors of the management proxy votes received, including those at the meeting, were as follows:

The formal report on voting results with respect to all matters voted upon at the meeting is filed on SEDAR.

To learn more about Laramide, please visit the Company's website at www.laramide.com.

About Laramide Resources:

Laramide Resources Ltd., headquartered in Toronto and listed on the TSX: LAM and ASX: LAM, is engaged in the exploration and development of high-quality uranium assets. Laramide's portfolio of advanced uranium projects is chosen for their production potential. Major U.S. assets include the Churchrock and Crownpoint In Situ Recovery (ISR) projects and La Jara Mesa in Grants, New Mexico, as well as La Sal in the Lisbon Valley district of Utah. The Churchrock and Crownpoint properties, with near-term development potential and significant mineral resources, form a leading ISR division operating in a tier one jurisdiction with enhanced overall project economics. The Company's Australian advanced stage Westmoreland is one of the largest projects currently held by a junior mining company.

SOURCE Laramide Resources Ltd.

View original content: http://www.newswire.ca/en/releases/archive/June2021/30/c6973.html

VANCOUVER, BC, June 29, 2021 /CNW/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), "Blue Sky" or the "Company") announces that at the Annual General & Special Meeting of shareholders held on June 28, 2021, each of the 3 nominees listed in the management information circular filed on May 31, 2021 with regulatory authorities were elected as directors of the Company. 74,104,332 shares were voted representing 45.73% of the outstanding shares of the Company.

The Company is pleased to announce all resolutions received support from our shareholders at the meeting. Incumbent directors Joseph Grosso, David Terry and Nikolaos Cacos were re-elected to the Board of Directors of the Company.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company's objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina. The Company's flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"
_____________________________________
Nikolaos Cacos, President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/blue-sky-uranium-announces-voting-results-301321676.html

SOURCE Blue Sky Uranium Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/29/c6450.html

TSX SYMBOL: FCU
OTCQX SYMBOL: FCUUF
FRANKFURT SYMBOL: 2FU

KELOWNA, BC, June 29, 2021 /CNW/ – FISSION URANIUM CORP. ("Fission" or "the Company") announced the results of matters voted on at the Company's annual general meeting (the "Meeting") of shareholders held earlier today.

A total of 259,135,114 shares, or 44.15% of Fission's common shares that were eligible to be voted at the Meeting, were voted.

The following table outlines the voting results for each of the director nominees:

Each of the other matters put forward before shareholders for consideration and approval at the Meeting, as described in the Company's proxy statement dated May 19, 2021, was duly approved by the requisite number of votes.

By resolution passed by show of hands, PricewaterhouseCoopers LLP, Chartered Professional Accountants, was re-appointed auditor of the Company for the ensuing year.

Final voting results at the Meeting will be made available on Fission's website at www.fissionuranium.com and SEDAR at www.sedar.com.

About Fission Uranium

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property – host to the class leading Triple R uranium deposit – and is headquartered in Kelowna, British Columbia. Fission's common shares are listed on the TSX Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

Forward-Looking Statements

Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Fission which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and the Company and Fission Uranium disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

SOURCE Fission Uranium Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/29/c4217.html

Highlights:

• Pre-income tax IRR of 116% and NPV of US$120.9 million

• Post-income tax IRR of 101% and NPV of US$102.6 million

• 6.5 million pounds of U₃O₈ production over 7 years; steady state production of 1.0 million pounds per year

• Robust satellite project to Azarga Uranium's flagship Dewey Burdock ISR Uranium Project with low initial capital expenditures estimated at US$26.0 million

• Direct cash operating costs estimated at US$11.52 per pound of production

VANCOUVER, BC / ACCESSWIRE / June 29, 2021 / AZARGA URANIUM CORP. (TSX:AZZ)(OTCQB:AZZUF)(FRA:P8AA) ("Azarga Uranium" or the "Company") is pleased to announce the positive results of an independent Preliminary Economic Assessment ("PEA") on its Gas Hills In-situ Recovery Uranium Project in Wyoming, USA (the "Gas Hills Project") following an increased mineral resource estimate announced by the Company on 30 March 2021. The PEA has been prepared in accordance with the requirements of National Instrument 43-101 ("NI 43-101").

Blake Steele, the Company's President and CEO commented: "We are extremely pleased with the results of our maiden in-situ recovery ("ISR") PEA for the Gas Hills Project. The PEA demonstrates robust economics and expands the future production profile of the Company into the state of Wyoming, which has a long history of successful ISR operations. The PEA results further validate our Company's strategy of developing low-cost ISR projects as we continue to progress our flagship Dewey Burdock Project towards construction. With uranium markets in a structural deficit, Azarga Uranium is exceptionally well positioned to capitalize on the anticipated recovery in the uranium price through its two tier one development stage ISR uranium projects in the USA."

Summary of Economics

The base case economic assessment results in a pre-income tax internal rate of return ("IRR") of 116% and a pre-income tax net present value ("NPV") of US$120.9 million when applying an eight percent discount rate. Using the same discount rate, the post-income tax IRR is 101% and the post-income tax NPV is US$102.6 million.

The projected cash flows for the Gas Hills Project PEA are positive in the 1st year of production, two years after the commencement of construction. Initial capital expenditures are estimated at US$26.0 million.

Direct cash operating costs are estimated to be US$11.52 per pound of production, royalties and local taxes are estimated to be US$3.62 per pound of production and the total pre-income tax cost of uranium production is estimated to be US$28.20 per pound of production. Income taxes are estimated to be US$3.82 per pound of production and have been calculated on a project basis in accordance with NI 43-101 requirements; therefore, certain tax shelter balances, such as tax loss carry forwards available at the corporate level, have not been considered.

Pre-income tax NPV and IRR Sensitivity to Alternative Uranium Price Scenarios

Cautionary statement: The results of the Gas Hills Project PEA are preliminary in nature and include inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. The Gas Hills Project PEA is based on the Company's mineral resource estimate announced on 30 March 2021. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimated mineral recovery (80%) used in the Gas Hills Project PEA is based on site-specific laboratory recovery data and industry experience at similar facilities. There can be no assurance that recovery at this level will be achieved. There is no certainty that the Gas Hills Project PEA will be realized.

Project Description

Between 1953 and 1988 many companies explored, developed, and produced uranium in the Gas Hills district, including on lands now controlled by Azarga Uranium. Three uranium mills have operated in the district and two other uranium mills, which operated nearby, were also fed by ore mined from the Gas Hills district. Cumulative production from the Gas Hills district is in excess of 100 million pounds of uranium, mainly from open-pit mining, but also from underground mining and ISR.

Data sources for the estimation of uranium mineral resources for the Gas Hills Project include radiometric equivalent data (eU₃O₈) for 4,569 drill holes, and eU₃O₈ and prompt fission neutron logging data for 272 drill holes. The intent of recent drilling between 2007 and 2013 included verification of earlier data for drill holes and exploration.

Metallurgical studies were completed on recovered materials including bulk samples from reverse circulation drilling and cored sections. Bottle roll and column leach tests indicate uranium recoveries of ~90% and sulfuric acid consumption of ~55 pounds per ton treated, which is consistent with past mining results.

The Gas Hills Project PEA contemplates a satellite plant development approach with final processing at a central processing facility to be constructed at Azarga Uranium's Dewey Burdock Project. Construction of the Gas Hills Project will consist primarily of wellfields in four separate resource areas connected by pipelines to a single satellite plant location containing ion exchange equipment used to extract uranium from produced wellfield fluids. Ion exchange resin will be shipped from the Gas Hills Project to the Dewey Burdock Project for uranium stripping and regeneration, with creation of a dried yellowcake product at Dewey Burdock. This concept has been used successfully for decades in numerous ISR uranium operations in Texas and Wyoming. Wellfield extraction methods will utilize a low-pH complexing solution consistent with other successfully licensed ISR uranium facilities in Wyoming and worldwide. Average project flow rate is estimated at 2,400 gallons per minute with an average head grade of 97 parts per million for an annual production capacity of 1.0 million pounds U₃O₈.

Qualified Person

The disclosure of a scientific and technical nature contained in this press release was approved by Ray Moores, P.E., and Steve Cutler, P.G., qualified persons ("QP") as that term is defined under NI 43-101.

The Gas Hills Project PEA has been prepared in accordance with the requirements of NI 43-101 by Western Water Consultants, Inc. dba WWC Engineering, Ray Moores, P.E., QP and Roughstock Mining Services, Steve Cutler, P.G., QP. The full technical report and PEA will be filed on SEDAR at www.sedar.com and Azarga Uranium's website www.azargauranium.com within 45 days of the issuance of this news release.

About Azarga Uranium Corp.

Azarga Uranium is an integrated uranium exploration and development company that controls ten uranium projects and prospects in the United States of America ("USA") (South Dakota, Wyoming, Utah and Colorado), with a primary focus of developing in-situ recovery uranium projects. The Dewey Burdock in-situ recovery uranium project in South Dakota, USA (the "Dewey Burdock Project"), which is the Company's initial development priority, has received its Nuclear Regulatory Commission License and Class III and Class V Underground Injection Control ("UIC") permits from the Environmental Protection Agency (the "EPA") and the Company is in the process of completing other major regulatory permit approvals necessary for the construction of the Dewey Burdock Project.

For more information, please visit www.azargauranium.com.

Follow us on Twitter at @AzargaUranium.

For further information, please contact:

Blake Steele, President and CEO
+1 605 662-8308
E-mail: info@azargauranium.com

Disclaimer for Forward-Looking Information

Certain information and statements in this news release may be considered forward-looking information or forward-looking statements for purposes of applicable securities laws (collectively, "forward-looking statements"), which reflect the expectations of management regarding its disclosure and amendments thereto. Forward-looking statements consist of information or statements that are not purely historical, including any information or statements regarding beliefs, plans, expectations or intentions regarding the future. Such information or statements may include, but are not limited to, statements with respect to the Company's Gas Hills Project PEA, the future financial or operating performance of the Company and its mineral projects, the estimation of mineral resources, the timing and amount of estimated future production and capital, operating and exploration expenditures, the Company's future production profile expanding into the state of Wyoming, the Company being exceptionally well positioned to capitalize on the anticipated recovery in the uranium price, the Gas Hills Project PEA contemplating a satellite plant development approach with final processing at a central processing facility to be constructed at Azarga Uranium's Dewey Burdock Project, and the Company being in the process of completing regulatory permit approvals necessary for the construction of the Dewey Burdock Project. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Azarga Uranium will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including without limitation: the risk that the Gas Hills Project is not constructed and the estimated economics of the PEA are not realized, the risk that the estimated economics contained in the PEA do not reflect actual project economics, the risk that the Company's future production profile does not expand into the state of Wyoming, the risk that the Company is not exceptionally well positioned to capitalize on the anticipated recovery in the uranium price, the risk that a central processing facility is not constructed timely or ever at Azarga Uranium's Dewey Burdock Project and therefore the Gas Hills Project PEA cannot be realized, the risk that the Company does not complete regulatory permit approvals necessary for the construction of the Dewey Burdock or Gas Hills Project, the risk that such statements may prove to be inaccurate and other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by applicable securities laws, Azarga Uranium assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements. Additional information about these and other assumptions, risks and uncertainties are set out in the "Risks and Uncertainties" section in the most recent AIF filed with Canadian security regulators.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

SOURCE: Azarga Uranium Corp.

View source version on accesswire.com:
https://www.accesswire.com/653480/Azarga-Uranium-Reports-Robust-Maiden-PEA-Results-for-Gas-Hills-ISR-Uranium-Project

VANCOUVER, British Columbia, June 29, 2021 (GLOBE NEWSWIRE) — International Consolidated Uranium Inc. (“CUR” or the “Company”) (TSXV: CUR) is pleased to provide the voting results from its annual general and special meeting of shareholders held on June 29, 2021.

Each of the director nominees, being Philip Williams, Anthony Milewski, Mark Raguz and John Jentz, were re-elected as a director of the Company to serve until the next annual general meeting of shareholders, or until their successors are otherwise elected or appointed.

In addition, all other matters presented for approval at the meeting were duly authorized and approved, including:

• Fixing the number of directors at four;

• The re-appointment of D&H Group LLP, Chartered Accountants as auditors of the Company;

• Approval of the continuance of the Company from the province of British Columbia into the province of Ontario (the “Continuance”);

• Subject to completion of the Continuance, approval of the change of the Company’s name from “International Consolidated Uranium Inc.” to “Consolidated Uranium Inc.”;

• Subject to completion of the Continuance, approval of the resolution authorizing the board of directors of the Company to determine the number of directors of the Company, subject to certain parameters;

• Re-approval of the Company’s Omnibus Long Term Incentive Plan; and

• Approval of the previously announced option agreement with IsoEnergy Ltd.

About International Consolidated Uranium

International Consolidated Uranium Inc. (TSXV: CUR) is well financed to execute its strategy of consolidating and advancing uranium projects around the globe. The Company has acquired a 100% interest or has entered into option agreements to acquire a 100% interest in seven uranium projects, in Australia, Canada, and Argentina, each with significant past expenditures and attractive characteristics for development. CUR has entered into option agreements with Mega Uranium Ltd. (TSX: MGA) to acquire a 100% interest in the Ben Lomond and Georgetown uranium projects in Australia; with IsoEnergy Ltd. (TSXV: ISO) to acquire a 100% interest in the Mountain Lake uranium project in Nunavut, Canada; with a private individual to acquire a 100% interest in the Moran Lake uranium and vanadium project in Labrador, Canada; and with U3O8 Corp. (TSXV: UWE.H) to acquire a 100% interest in the Laguna Salada uranium and vanadium project in Argentina. CUR has also acquired a 100% interest in the Dieter Lake uranium project and entered into an agreement to acquire a 100% interest in the Matoush uranium project, both in Quebec, Canada. The option agreement with IsoEnergy for Mountain Lake and the option agreement with U3O8 Corp. for Laguna Salada both remain subject to regulatory approval.

Philip Williams
President and CEO
International Consolidated Uranium Inc.
+1 778 383 3057
pwilliams@consolidateduranium.com

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — Melior Resources Inc. (TSXV: “MLR”) (“Melior” or the “Company”) refers to its press release of April 28, 2021 regarding the Default Notice received from Pala Investments Ltd (“Pala”) and the subsequent Standstill Agreement entered into with Pala.

The Company announces that it has today entered into a further standstill amending agreement with Pala pursuant to which Pala has agreed to extend the standstill period until September 30, 2021.

Furthermore, Melior has also today entered into a further amended demand promissory note (the “Amended Promissory Note”) with Pala extending the maturity of the loan from June 30, 2021 to September 30, 2021. All other terms of the Amended Promissory Note remain unchanged.

MELIOR RESOURCES INC.
Martyn Buttenshaw
Interim Chief Executive Officer
+41 41 560 9070
info@meliorresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One company to watch right now is ANGLO AMER ADR (NGLOY). NGLOY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 6.24, while its industry has an average P/E of 7.48. Over the past year, NGLOY's Forward P/E has been as high as 12.90 and as low as 5.75, with a median of 8.42.

We should also highlight that NGLOY has a P/B ratio of 1.70. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.22. Over the past 12 months, NGLOY's P/B has been as high as 2.04 and as low as 1.03, with a median of 1.49.

These figures are just a handful of the metrics value investors tend to look at, but they help show that ANGLO AMER ADR is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, NGLOY feels like a great value stock at the moment.

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In this article, we will take a look at the 15 best very cheap stocks to buy right now. You can skip our detailed analysis of these companies and go directly to the 5 Best Very Cheap Stocks to Buy Right Now.

The pandemic-led recession brought massive financial distress to the global market. Many businesses from small to large-cap enterprises across all industries have struggled during the surge of COVID-19. While the unemployment rate peaked in April 2020, according to an analysis by Congressional Research Service, investors are optimistic about the market's rebound, driven by anticipation of a period of high growth as the vaccination rate increases and the economy completely reopens.

The global market has slowly bounced back from its dark days. The Federal Reserve has upped its 2021 GDP forecast to 7% from 6.5%. Officials are also seeing a decline in the unemployment rate for the year to 4.5% from 5.8% recorded in May. Investors remain confident about the market's recovery with S&P 500 Index gaining over 36% in the last twelve months. On the other hand, The Russell 2000 Index and Russell 3000 are up 62% and 39% respectively, over the past twelve months. The market signals a healthy recovery that's why many investors, young and novice retail traders, are encouraged to diversify their portfolios with cheap stocks that offer long-term growth.

What Best Very Cheap Stocks Should You Invest In?

To make money investing in cheap stocks, it is crucial to study a stock's valuation, the company's financial health, business model, and its long-term growth potential.

Investors are crazy about cheap stocks in tech, biopharma, renewable energy, and crypto industries. One such cheap stock is Sundial Growers Inc. (NASDAQ: SNDL). Since its foundation in 2006, the Canadian cannabis grower has created a name for itself in the modern cannabis industry. Sundial Growers Inc. (NASDAQ: SNDL) sells weed products for adult use in Canada. The company's market capitalization is $1.95 billion. The stock has returned almost 122% to investors so far this year. SNDL's stock has also increased by 49% in the last month. The stock's 52-week range is $0.1380 – $3.9600

Another cheap stock that is gaining a lot of attention is AI firm Ideanomics, Inc. (NASDAQ: IDEX). The New York-based company was founded in 2004 and operates two divisions, Ideanomics Mobility and Ideanomics Capital. The company has established operations in China, Malaysia, and Ukraine. The company offers financing solutions for commercial EVs and provides fintech solutions for the financial sector. Ideanomics, Inc. (NASDAQ: IDEX) has recently acquired California-based electric tractor manufacturer Solectrac Inc. The company has a market cap of $1.34 billion. The stock has offered investors returns exceeding 175% over the past twelve months. Shares of IDEX are also up 28% in the last month. The stock's 52-week range is $0.8000 – $5.5300

Photo by Yiorgos Ntrahas on Unsplash

Nokia Corporation (NYSE: NOK) is one of the best very cheap stocks to buy right now if you are looking to diversify your tech portfolio. The company has scooped up a total of 165 commercial 5G deals globally. In April 2021, Nokia Corporation (NYSE: NOK) locked in a deal with Chunghwa Telecom to provide 5G services in Taiwan. Subsequently, the 5G company also won an agreement with a major telecom company Etisalat, to provide ultra-fast 5G broadband services in UAE. The company has a market cap of $31 billion. The stock has offered investors returns exceeding 29% over the past twelve months. Shares of NOK are also up 11% in the last month.

In 2016, chip-maker Advanced Micro Devices, Inc. (NASDAQ: AMD) traded for only $8 per share. Today, the chip giant is already trading for $85.62 per share and has a market cap of $104 billion. With the success of its Ryzen processors, Advanced Micro Devices, Inc.'s (NASDAQ: AMD) innovative semiconductor technology has grown significantly over the last five years.

Online retailer Amazon.com, Inc. (NASDAQ: AMZN) started trading at $18 per share in 1997. Today, the stock trades for $3,401.46 per share and has a market cap of $1.71 trillion. The once-small virtual bookseller has grown into one of the world's largest e-commerce platforms. Amazon.com, Inc. (NASDAQ: AMZN) has expanded its business outside e-commerce to cloud computing services, video-on-demand subscription services, and food and grocery, and acquisitions among other things. Amazon.com, Inc. (NASDAQ: AMZN) recently announced the acquisition of Wickr, a secure messaging app based in New York, with the aim of making its services available to Amazon Web Services users. The stock has gained 27% in the last twelve months.

Apple Inc. (NASDAQ: AAPL) was not always among the world's largest technology companies. The iPad-maker was trading for under 80 cents per share in the early 2000s, and it is now trading for over $133 per share as of this writing. The $2 trillion dollar tech company sells trendy electronic products such as iPhone, iMac, iPad, and iWatch. In the midst of the COVID-19 pandemic, Apple Inc.'s (NASDAQ: AAPL) contactless payment service Apple Pay became more popular. The stock has gained 47% in the past twelve months.

Choosing valuable stocks is becoming difficult by the day, even for smart money. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and February 26, 2021, our monthly newsletter’s stock picks returned 197.2%, vs. 72.4% for the SPY. Our stock picks outperformed the market by more than 124 percentage points (see the details here). We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. We have been tracking and sharing the list of these stocks since February 2017, and they lost 13% through November 16. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Our Methodology

We picked affordable stocks with positive growth catalysts to provide you with the most accurate list of the best very cheap stocks to buy right now. We also took into account analysts' ratings, hedge fund sentiment, and fundamentals while choosing these stocks.

With this context in mind, here is the list of the 15 best very cheap stocks to buy right now.

Best Very Cheap Stocks to Buy Right Now

15. Torchlight Energy Resources, Inc. (NASDAQ: TRCH)

Number of Hedge Fund Holders: 4 Price as of June 25: $4.95

We start our list of the 15 best very cheap stocks to buy right now with Torchlight Energy Resources, Inc. (NASDAQ: TRCH). The Texas-based oil and gas company was founded in 2010. Torchlight Energy Resources, Inc. is one of the fastest-growing oil penny stocks as the company primarily focuses on the acquisition and development of high-value domestic oil fields in Texas. Torchlight Energy and Metamaterial Inc. (OTC: MMATF), a developer of smart materials and optical solutions, announced plans to merge in December 2020, which is expected to be completed in the second quarter of 2021.

The company has a market cap of $475 million. Torchlight Energy Resources, Inc.'s share price is up a whopping 576% in the last year, a massive gain in a single year. It's also up 68% in about a month. As of March 31, the company's total assets equaled $56 million.

Like Sundial Growers Inc. (NASDAQ: SNDL), Ideanomics, Inc. (NASDAQ: IDEX), and Nokia Corporation (NYSE: NOK), Torchlight Energy Resources, Inc. (NASDAQ: TRCH) is one of the best very cheap stocks to buy right now.

There were 4 hedge funds that reported owning stakes in Torchlight Energy Resources, Inc. (NASDAQ: TRCH) at the end of the first quarter, up from 1 fund a quarter earlier. The total value of these stakes at the end of Q1 is $3.21 million.

14. Comstock Mining Inc. (NYSE: LODE)

Number of Hedge Fund Holders: 4 Price as of June 25: $3.47

Comstock Mining Inc. (NYSE: LODE) ranks 14th on the list of 15 best very cheap stocks to buy right now. The Nevada-based mining firm was founded in 1999. Comstock Mining Inc. is one of the fastest-growing producers of silver and gold in the Basin and Range Province of Nevada. The company promotes sustainable mining by collecting natural products using cutting-edge technology.

The company has a market cap of $186 million. Shares of LODE surged 516% over the last twelve months. The stock is also up 30% in the past month. The company's first-quarter net income was $8.2 million, or $0.22 per common share, compared to a loss of $0.3 million, or $(0.01) per common share, in the first quarter of 2020. Total assets increased by 63% to $70.0 million in Q1 2021, driven by $17.0 million in equity raises, capital ventures in LINICO, and increases in notes receivable and advances.

Like Sundial Growers Inc. (NASDAQ: SNDL), Ideanomics, Inc. (NASDAQ: IDEX), and Nokia Corporation (NYSE: NOK), Comstock Mining Inc. (NYSE: LODE) is one of the best very cheap stocks to buy right now for new investors.

There were 4 hedge funds that reported owning stakes in Comstock Mining Inc. (NYSE: LODE) at the end of the first quarter. The total value of these stakes at the end of Q1 is $1.09 million.

13. Lloyds Banking Group plc (NYSE: LYG)

Number of Hedge Fund Holders: 5 Price as of June 25: $2.60

Lloyds Banking Group plc (NYSE: LYG) ranks 13th on the 15 best very cheap stocks to buy right now. The London-based consumer bank provides personal and commercial financial solutions such as leasing, debt capital market services, and risk management. On top of that, Lloyds Banking Group plc also offers insurance life and car insurance products. The British bank supports the commercialization of electric vehicles by leasing cars. The company's motor business has financed over 1.1 million cars. The company currently pays an annual dividend of $0.03 per share, with a 1.17% dividend yield.

The company has a market cap of $48 billion. Shares of LYG increased 57% over the past twelve months. The company's net income in the first quarter of 2021 came in at $5.2 billion. On April 12, Deutsche Bank upgraded Lloyds Banking Group plc to a Buy rating.

There were 5 hedge funds that reported owning stakes in Lloyds Banking Group plc (NYSE: LYG) at the end of the first quarter. The total value of these stakes at the end of Q1 is $14.1 million.

Here is what Fiduciary Management has to say about Lloyds Banking Group plc in their Q1 2021 investor letter:

12. Ayro, Inc. (NASDAQ: AYRO)

Number of Hedge Fund Holders: 5 Price as of June 25: $4.99

Ayro, Inc. (NASDAQ: AYRO) ranks 12th on the list of 15 best very cheap stocks to buy right now. Founded in 2017, the Texas-based automaker creates and sells fully electric vehicles for local delivery and urban transportation. Ayro, Inc. launched the first fully electric vaccine vehicle (EVV) in March, with the goal of increasing COVID-19 vaccination and testing availability. In June, the company received its first order of its new light-duty EV Club Car Current worth $2 million.

The company has a market cap of $200 million. Shares of AYRO jumped 110% over the past twelve months. The company's revenue in the first quarter of 2021 came in at $788,869, up 437% from $146,819 in the same period in 2020. As of March 21, Ayro, Inc. (NASDAQ: AYRO) has total assets amounting to $97,193,229 versus its total liabilities of $3,216,769.

Like Sundial Growers Inc. (NASDAQ: SNDL), Ideanomics, Inc. (NASDAQ: IDEX), and Nokia Corporation (NYSE: NOK), Ayro, Inc. (NASDAQ: AYRO) is one of the best very cheap stocks to buy right now.

There were 5 hedge funds that reported owning stakes in Ayro, Inc. (NASDAQ: AYRO) at the end of the first quarter, up from 3 funds a quarter earlier. The total value of these stakes at the end of Q1 is $4.04 million.

11. Genius Brands International, Inc. (NASDAQ: GNUS)

Number of Hedge Fund Holders: 6 Price as of June 25: $2.01

Ranking 11th on our list of the 15 best very cheap stocks to buy now is Genius Brands International, Inc. (NASDAQ: GNUS). Genius Brands International, Inc. CEO Andy Heyward reckons the company has the potential to become the Netflix (NASDAQ: NFLX) of children's television. The company owns and operates Kartoon Channel!, which delivers family-friendly entertainment across a multitude of platforms including Amazon.com, Inc.'s (NASDAQ: AMZN) Amazon Prime, Apple Inc.'s (NASDAQ: AAPL) Apple TV, Roku, Inc. (NASDAQ: ROKU), and Alphabet Inc.'s (GOOG) Google Play. The company's portfolio of children's programs includes "Llama Llama" for Netflix and "Stan Lee's Superhero Kindergarten". On June 8, the company announced to join the Russell 3000 index.

The company has a market cap of $617 million. Shares of GNUS jumped 44% over the past month. The stock is also up 14% in the last five days. The company's first-quarter revenue increased 218% to $1.1 million, up from $334,739 in the same quarter in 2020. In February, Genius Brands International, Inc. (NASDAQ: GNUS) finalized the acquisition of ChizComm Ltd. and ChizComm Beacon Media, a Canadian marketing and media company, for over $100 million in annual media expenditure.

There were 5 hedge funds that reported owning stakes in Genius Brands International, Inc. (NASDAQ: GNUS) at the end of the first quarter. The total value of these stakes at the end of Q1 is $5.42 million.

10. Atossa Therapeutics, Inc. (NASDAQ: ATOS)

Number of Hedge Fund Holders: 6 Price as of June 25: $8.62

Ranking 10th on the list of 15 best very cheap stocks to buy right now is Atossa Therapeutics, Inc. (NASDAQ: ATOS). The Seattle-based clinical-stage pharmaceutical company creates innovative treatments for breast cancer and infectious diseases, such as COVID-19. The company is also in Phase 2 clinical trial of COVID-19 nasal spray. AT-301 nasal spray is designed as an at-home prescription to prevent COVID-19 symptoms and to slow the rate of infection. In the first quarter of 2021, Atossa Therapeutics, Inc. (NASDAQ: ATOS) has seen a surge in research and development expenses amounting to $1.38 million, a 47% increase from $939,000 in the same quarter in 2020.

The company has a market cap of $521 million. Year to date, the stock has offered over 354% of returns to investors. Shares of ATOS are also up 49% in the last month. The pharmaceutical firm had estimated $137.7 million in cash, cash equivalents, and restricted cash as of March 31, 2021. Analysts covered a Buy rating on Atossa Therapeutics, Inc., with an average price target of $7.50 per share.

Like Sundial Growers Inc. (NASDAQ: SNDL), Ideanomics, Inc. (NASDAQ: IDEX), and Nokia Corporation (NYSE: NOK), Atossa Therapeutics, Inc. (NASDAQ: ATOS) is one of the best very cheap stocks to buy right now.

There were 6 hedge funds that reported owning stakes in Atossa Therapeutics, Inc. (NASDAQ: ATOS) at the end of the first quarter, up from 3 funds a quarter earlier. The total value of these stakes at the end of Q1 is $7.81 million.

9. Sundial Growers Inc. (NASDAQ: SNDL)

Number of Hedge Fund Holders: 7 Price as of June 25: $0.97

Sundial Growers Inc. (NASDAQ: SNDL) ranks 9th on the list of 15 best very cheap stocks to buy right now. The Canadian cannabis company was founded in 2006 and has since made a name for itself in modern-day cannabis farming. The company offers buds, pre-rolls, and cannabis-infused vapes for adult use in Canada. In May, Sundial Growers Inc. (NASDAQ: SNDL) announced its acquisition of Canadian cannabis retailer Inner Spirit Holdings Ltd for $131 million. The company markets cannabis through its brands including Sundial, Top Leaf, Palmetto, and Grasslands. In the first quarter of 2021, Sundial Growers Inc. sold 3,989 kilograms of cannabis.

The company has a market cap of $1.95 billion. Year to date, the stock has offered over 122% of returns to investors. Shares of SNDL are also up 49% in the last month. The company's revenue from branded products in the first quarter of 2021 came in at $7.2 million. The company also recorded $2.8 million in revenue from interest to third-party loans, plus $12.9 million in capital gains. On March 10, Cantor Fitzgerald initiated coverage on Sundial Growers Inc. with a Neutral rating and a price target of $1.15 per share.

There were 7 hedge funds that reported owning stakes in Sundial Growers Inc. (NASDAQ: SNDL) at the end of the first quarter, up from 2 funds a quarter earlier. The total value of these stakes at the end of Q1 is $18.8 million.

8. Ideanomics, Inc. (NASDAQ: IDEX)

Number of Hedge Fund Holders: 7 Price as of June 25: $3.09

Ideanomics, Inc. (NASDAQ: IDEX) ranks 8th on the list of 15 best very cheap stocks to buy right now. The New York-based AI company was founded in 2004 and promotes the commercialization of electric vehicle use. Aside from offering EVs and electric motorbikes, the company also markets charging infrastructure and fully electric farming tractors. In May, the company completed its $50 million acquisition of California-based fuel cell engine manufacturer U.S. Hybrid.

The company has a market cap of $1.34 billion. The stock has offered investors returns exceeding 175% over the past twelve months. Shares of IDEX are also up 28% in the last month. First-quarter revenue came in at $32.7 million, up from $378,000 in the first quarter of 2020. On April 14, Roth Capital initiated coverage on Ideanomics, Inc. with a Buy rating and a price target of $7 per share.

There were 7 hedge funds that reported owning stakes in Ideanomics, Inc. (NASDAQ: IDEX) at the end of the first quarter, up from 5 funds a quarter earlier. The total value of these stakes at the end of Q1 is $20.9 million.

7. Denison Mines Corp. (NYSE: DNN)

Number of Hedge Fund Holders: 10 Price as of June 25: $1.32

Denison Mines Corp. (NYSE: DNN) ranks 7th on the list of 10 best very cheap stocks to buy right now. The Toronto-based uranium exploration and development company was founded in 1997 as International Uranium Corporation. The company has an interest in Wheeler River (90%), Hook-Carter (80%), Waterbury (64.2%), and McClean Lake Mill (22.5%).

The company has a market cap of $1.12 billion. The stock has offered investors returns exceeding 313% over the past twelve months. Shares of DNN are also up 24% in the last month. The company's revenue in the first quarter of 2021 increased 13% to $3.82 million, up from $3.4 million in the previous quarter. Three analysts posted a Buy rating on Denison Mines Corp., with an average price target of $1.61 per share.

There were 10 hedge funds that reported owning stakes in Denison Mines Corp. (NYSE: DNN) at the end of the first quarter, up from 6 funds a quarter earlier. The total value of these stakes at the end of Q1 is $18.2 million.

6. Globalstar, Inc. (NYSE: GSAT)

Number of Hedge Fund Holders: 10 Price as of June 25: $1.88

Globalstar, Inc. (NYSE: GSAT) ranks 6th on the list of 15 best very cheap stocks to buy right now. The Louisiana-based satellite network company provides asset management, emergency, and remote communications, data management and mapping services, and embedded satellite transmitters to the workforce in various industries such as agriculture, forestry, energy, transportation, construction, commercial maritime, and government and public safety.

The company has a market cap of $2.3 billion. The stock has offered investors returns exceeding 280% over the past twelve months. Shares of GSAT are also up 14% in the last month. First-quarter revenue came in at $27 million, down from $32 million in the first quarter of 2020.

Like Sundial Growers Inc. (NASDAQ: SNDL), Ideanomics, Inc. (NASDAQ: IDEX), and Nokia Corporation (NYSE: NOK), Globalstar, Inc. (NYSE: GSAT) is one of the best very cheap stocks to buy right now.

There were 10 hedge funds that reported owning stakes in Globalstar, Inc. (NYSE: GSAT) at the end of the first quarter, up from 9 funds a quarter earlier. The total value of these stakes at the end of Q1 is $163 million.

Click to continue reading and see the 5 Best Very Cheap Stocks to Buy Right Now.

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Disclosure: None. 15 Best Very Cheap Stocks to Buy Right Now is originally published on Insider Monkey.

One stock that might be an intriguing choice for investors right now is Energy Fuels Inc. UUUU. This is because this security in the Mining – Non Ferrous space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Mining – Non Ferrous space as it currently has a Zacks Industry Rank of 43 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Energy Fuels is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Energy Fuels Inc Price and Consensus

Energy Fuels Inc price-consensus-chart | Energy Fuels Inc Quote

In fact, over the past month, current quarter estimates have narrowed from a loss of 5 cents per share to a loss of 4 cents per share, while current year estimates have narrowed from a loss of 20 cents per share to a loss of 17 cents per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Energy Fuels. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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VANCOUVER, BC, June 28, 2021 /CNW/ – IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO) (OTCQX: ISENF) has agreed to settle a portion of the interest payment due to Queen's Road Capital Investment Ltd. ("QRC") (TSXV: QRC) as at June 30, 2021. Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company (the "Debenture"), as at June 30, 2021, the Company will owe QRC interest in the amount of US$255,000 of which US$75,000 will be settled with the issuance of 31,120 common shares of the Company ("Shares"), at a deemed price of US$2.41.

Under the terms of the Debenture, the portion of the interest payable to QRC equal to 2.5% per annum is payable in Shares at a price per Share equal to the volume-weighted average trading price per Share on the TSX Venture Exchange ("TSXV") for the twenty consecutive trading days ending 3 trading days prior to the date such interest is due. The portion of the interest payable to QRC equal to 6.0% per annum is payable in cash. The issuance of the Shares to QRC is subject to TSXV acceptance.

About IsoEnergy

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada. The Company recently discovered the high-grade Hurricane Zone of uranium mineralization on its 100% owned Larocque East property in the Eastern Athabasca Basin. IsoEnergy is led by a Board and Management team with a track record of success in uranium exploration, development and operations. The Company was founded and is supported by the team at its major shareholder, NexGen Energy Ltd.

Tim Gabruch
Chief Executive Officer
IsoEnergy Ltd.
+1 778 379 3211
info@isoenergy.ca
www.isoenergy.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE IsoEnergy Ltd.

View original content: http://www.newswire.ca/en/releases/archive/June2021/28/c8459.html

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So we'll take a look at whether insiders have been buying or selling shares in Anglo Pacific Group plc (LON:APF).

What Is Insider Selling?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, rules govern insider transactions, and certain disclosures are required.

Insider transactions are not the most important thing when it comes to long-term investing. But logic dictates you should pay some attention to whether insiders are buying or selling shares. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.

View our latest analysis for Anglo Pacific Group

The Last 12 Months Of Insider Transactions At Anglo Pacific Group

The CEO & Executive Director Julian Treger made the biggest insider purchase in the last 12 months. That single transaction was for UK£128k worth of shares at a price of UK£1.28 each. That implies that an insider found the current price of UK£1.42 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Anglo Pacific Group insiders decided to buy shares at close to current prices.

In the last twelve months Anglo Pacific Group insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Anglo Pacific Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Anglo Pacific Group Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Anglo Pacific Group insiders own about UK£7.9m worth of shares. That equates to 2.6% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Anglo Pacific Group Insiders?

There haven't been any insider transactions in the last three months — that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Anglo Pacific Group stock. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for Anglo Pacific Group that deserve your attention before buying any shares.

But note: Anglo Pacific Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Vancouver, British Columbia–(Newsfile Corp. – June 25, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the closing on June 25, 2021 of the second and final tranche of a non-brokered private placement consisting of 790,000 non-flow-through units (the "NFT Units") and 250,000 flow-through units ("FT Units") of the Company for gross proceeds of $88,200 (the "Second Tranche"). A total of 15,591,250 NFT units and 2,940,000 FT units were sold in two tranches for gross proceeds to the Company of $1,541,300 (the "Offering").

The NFT Units were sold at a price of $0.08 per NFT Unit, consisting of one common share and one common share purchase warrant. The FT Units were sold at a price of $0.10 per FT Unit consisting of one flow-through common share and one non flow-through common share purchase warrant. One common share purchase warrant from the NFT Units entitles the holder to purchase one non flow-through common share of the Company at a price of $0.12 for a period expiring 24 months following the closing date of the Offering. One common share purchase warrant from the FT Units entitles the holder to purchase one non flow-through common share of the Company at a price of $0.15 for a period expiring 24 months following the closing date of the Offering.

The securities issued in the first tranche of the Offering are subject to a hold period of four months plus one day from the closing date, expiring October 22, 2021 (see ALX news release dated June 21, 2021). The securities issued in the Second Tranche are subject to a hold period of four months plus one day from the closing date, expiring October 26, 2021. The proceeds from the sale of FT Units will be used for exploration programs on the Company's Ontario and Saskatchewan gold and nickel properties, and the proceeds from the sale of NFT Units will be used for general working capital.

Finder's fees for the Second Tranche were paid to Industrial Alliance Securities Inc. consisting of a total of $1,750 cash and 17,500 finder's warrants finder's warrants exercisable at $0.10 for one common share of the Company for a period of two years from closing.

About ALX
ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol "AL," on the Frankfurt Stock Exchange under the symbol "6LLN" and in the United States OTC market under the symbol "ALXEF." ALX's mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties, which include gold, nickel, copper, and uranium projects. The Company uses the latest exploration technologies and holds interests in over 200,000 hectares of prospective lands in Saskatchewan and Ontario, stable Canadian jurisdictions that collectively host the highest-grade uranium mines in the world, and offer a significant legacy of production from gold and base metals mines.

ALX owns 100% interests in the Firebird Nickel Project (now under option to Rio Tinto Exploration Canada, who can earn up to an 80% interest), the Flying Vee Nickel/Gold and Sceptre Gold projects, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. ALX owns, or can earn, up to 100% interests in the Vixen Gold Project, the Electra Nickel Project and the Cannon Copper Project located in historic mining districts of Ontario, Canada, and in the Draco VMS Project in Norway. ALX holds interests in a number of uranium exploration properties in northern Saskatchewan, including a 20% interest in the Hook-Carter Uranium Project, located within the prolific Patterson Lake Corridor, with Denison Mines Corp. (80% interest) operating exploration since 2016, a 40% interest in the Black Lake Uranium Project (a joint venture with UEX Corporation and Orano Canada Inc.), and a 100% interest in the Gibbons Creek Uranium Project.

For more information about the Company, please visit the ALX corporate website at www.alxresources.com or contact Roger Leschuk, Manager, Corporate Communications at, PH: 604.629.0293 or Toll-Free: 866.629.8368, or by email: rleschuk@alxresources.com

On Behalf of the Board of Directors of ALX Resources Corp.

"Warren Stanyer"

Warren Stanyer, CEO and Chairman

FORWARD-LOOKING STATEMENTS

Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, public health, environmental and technological factors that may affect the Company's operations, markets, products and share price. Additional risk factors are discussed in the Company's Management Discussion and Analysis for the Three Months Ended March 31, 2021, which is available under Company's SEDAR profile at www.sedar.com. Except as required by law, we will not update these forward- looking statement risk factors.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88708

NEW YORK, June 25, 2021 (GLOBE NEWSWIRE) — NetworkNewsAudio – Uranium Energy Corp. (NYSE American: UEC) announces the availability of a broadcast titled, “Time to Capitalize on the Net Zero Emission Initiative.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

To view the full editorial, please visit: https://nnw.fm/jtRjZ

Against this backdrop, interest in uranium has been on the climb, and shares of Uranium Energy Corp. (NYSE American: UEC) have gained strong interest. Texas-based UEC is a pure-play American uranium company with a portfolio of ISR projects, including hub-and-spoke operations anchored by its fully licensed Hobson Processing Facility in Texas; Reno Creek, the largest permitted pre-construction ISR uranium project in America; and a pipeline of resource-stage uranium projects in Arizona, Colorado (uranium/vanadium), New Mexico and Paraguay.

UEC has also diversified its uranium asset base by adding a large equity stake in Uranium Royalty Corp. and launching a program where it is buying physical uranium stored in the United States. With the projected demand for uranium, this should be like money in the bank for UEC. Elsewhere, in Paraguay, the company controls the Alto Parana project, one of the world’s highest-grade and largest ferro-titanium deposits.

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.

For more information about the company, visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC.

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VANCOUVER, BC / ACCESSWIRE / June 25, 2021 / AZARGA URANIUM CORP. (TSX:AZZ)(OTCQB:AZZUF)(FRA:P8AA) ("Azarga Uranium" or the "Company") is pleased to announce that all resolutions put forward at the Annual General and Special Meeting (the "Meeting") of the Company's shareholders (the "Shareholders") held 25 June 2021, as further described in the Company's information circular dated 12 May 2021, were approved, including the following:

• Election of Directors: the nominees listed in the management proxy circular dated 12 May 2021 for the Meeting of the Company held on 25 June 2021: Glenn Catchpole, Matthew O'Kane, Sandra MacKay, Joseph Havlin, Todd Hilditch and Delos Cy Jamison were all elected as Directors until the next annual general meeting of the Shareholders. Detailed results of the vote for the election of Directors held at the Meeting are set out below:

• Appointment of BDO Canada LLP as auditors of the Company for the fiscal period ending December 31, 2021 and the Directors' right to fix the remuneration to be paid to BDO Canada LLP.

• Approving unallocated stock options under the Company's Stock Option Plan.

• Approving the increase in the number of Azarga Uranium common shares (the "Shares") reserved for issuance pursuant to the employee share purchase plan by 3,000,000.

• Issuance of 1,405,000 Shares as a bonus payment of which 1,230,000 Shares are to three insiders of the Company (approved by the majority of disinterested shareholders).

For further information, please see the Company's Report of Voting Results, which will be filed on SEDAR at www.sedar.com.

About Azarga Uranium Corp.

Azarga Uranium is an integrated uranium exploration and development company that controls ten uranium projects and prospects in the United States of America ("USA") (South Dakota, Wyoming, Utah and Colorado), with a primary focus of developing in-situ recovery uranium projects. The Dewey Burdock in-situ recovery uranium project in South Dakota, USA (the "Dewey Burdock Project"), which is the Company's initial development priority, has been issued its Nuclear Regulatory Commission License and final Class III and Class V Underground Injection Control permits from the Environmental Protection Agency and the Company is in the process of completing regulatory permit approvals necessary for the construction of the Dewey Burdock Project.

For more information please visit www.azargauranium.com.

Follow us on Twitter at @AzargaUranium.

For further information, please contact:

Blake Steele, President and CEO
+1 303 790-7528
E-mail: info@azargauranium.com

Disclaimer for Forward-Looking Information

Certain information and statements in this news release may be considered forward-looking information or forward-looking statements for purposes of applicable securities laws (collectively, "forward-looking statements"), which reflect the expectations of management regarding its disclosure and amendments thereto. Forward-looking statements consist of information or statements that are not purely historical, including any information or statements regarding beliefs, plans, expectations or intentions regarding the future. Such information or statements may include, but are not limited to, statements with respect to the Company being in the process of completing regulatory permit approvals necessary for the construction of the Dewey Burdock Project. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Azarga Uranium will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including without limitation: the risk that the Company does not complete regulatory permit approvals necessary for the construction of the Dewey Burdock Project, the risk that such statements may prove to be inaccurate and other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by applicable securities laws, Azarga Uranium assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements. Additional information about these and other assumptions, risks and uncertainties are set out in the "Risks and Uncertainties" section in the most recent AIF filed with Canadian security regulators.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

SOURCE: Azarga Uranium Corp.

View source version on accesswire.com:
https://www.accesswire.com/653168/Azarga-Uranium-Annual-General-and-Special-Meeting-2021-Voting-Results

Vancouver, British Columbia–(Newsfile Corp. – June 24, 2021) – Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to announce a non-brokered private placement of up to 5,555,555 flow-through units of the Company (the "FT Units") at a price of C$0.45 per FT Unit for gross proceeds to the Company of up to C$2,500,000 (the "Offering"). Red Cloud Securities Inc. is acting as a finder in connection with the majority of the Offering.

Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share (each, a "Warrant Share") at a price of C$0.57 for a period of 24 months following the closing date of the Offering.

The Use of Proceeds are for further exploration of the Company's uranium, copper, nickel and palladium projects in Saskatchewan.

The gross proceeds from the issuance of the FT Units allocated to the FT Shares (the "FT Commitment Amount") will be used for "Canadian Exploration Expenses" (within the meaning of the Income Tax Act (Canada)) (the "Qualifying Expenditures"), which will be renounced to the subscribers of the FT Units (the "Subscribers") with an effective date no later than December 31, 2021. If the amount of Qualifying Expenditures renounced to the Subscribers is reduced by the Canada Revenue Agency, the Company will indemnify each Subscriber for any additional taxes payable by such Subscriber as a result of the reduction..

The closing of the Offering is expected to occur on or about July 12, 2021 and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange. Finder's fees and finder's warrants will be payable in accordance with the policies of the TSX Venture Exchange. The FT Shares, Warrant Shares and any common shares of the Company that are issuable from the finder's warrants will be subject to a hold period of four months and one day in accordance with applicable securities laws.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects being drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's Number One Rated mining province for exploration and development. In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt. For further information: www.forumenergymetals.com

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

NORTH AMERICA

Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 778-772-3100

UNITED KINGDOM

Burns Singh Tennent-Bhohi, Director
burnsstb@forumenergymetals.com
Tel: 074-0316-3185

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88500Not for distribution to United States Newswire Services or for dissemination in the United States

TORONTO, June 24, 2021 /CNW/ – Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today announced the commencement of a drill program at the 100%-owned Umfreville uranium project which lies on the northeastern edge of the Athabasca Basin, Saskatchewan Canada.

"We have performed airborne geophysical surveys followed by geochemical surveys over select areas at Umfreville and feel we have identified a high priority target for potential uranium deposition" said Scott Frostad, Purepoint's VP Exploration. "As this is the first drill program on this project, we will be starting with an exploratory diamond drill hole designed to gain a better understanding of the underlying geology and to further evaluate and prioritize the project's potential for discovery."

Highlights

• The 100%-owned Umfreville project consists of 7 claims totaling 18,273 hectares on the northeastern edge of Canada's Athabasca Basin

• The Company is planning an initial hole of diamond drilling totaling 400 metres followed by a second hole of equal length if time allows

• The primary target zone appears to be a splay of the Fond du Lac Fault as evidenced by coincident magnetic and gravity low responses

• Regional soil samples returned high level uranium anomalies associated with the primary target zone

• A Technical Report on the Umfreville project can be obtained from the Company's web site

• A video tour of the Umfreville project can be viewed at https://youtu.be/Af6mNL5sQZg

Umfreville Project

The 100%-owned Umfreville project consists of 7 claims totaling 18,273 hectares on the northeastern edge of Canada's Athabasca Basin. Exploration conducted by Purepoint on the Umfreville project has included an airborne Megatem electromagnetic (EM) and magnetics survey, an airborne Very Low Frequency (VLF) EM survey, an airborne gravity gradiometry survey, and soil geochemical sampling.

Airborne MEGATEM data covering the Umfreville project was processed using a layered-earth inversion (LEI) program and identified what is now believed to be a conductive layer within the Athabasca sandstone. The thin conductive layer within the sandstone is thought to be preventing the EM survey from properly reaching the basement rocks and identifying graphitic conductors. Reconstruction of the conductivity depth sections highlighted deep narrow conductors that are considered to show areas where the conductive layer is absent from the sandstone, the sandstone has been structurally disrupted, or the presence of very strong basement conductors.

The airborne gravity survey provided a response considered to reflect basement geology. The results also indicated the presence of fault systems not previously seen and supported fault systems that were interpreted from magnetic features. Our primary exploration target is a strong elongate gravity low response within the central portion of the survey area that is coincident with a magnetic low and the interpreted source area of a Geological Survey of Canada (1979) lake bottom sediment sample that returned anomalous uranium.

Soil geochemical surveys that collected a total of 383 organic A1 soil horizon samples covered the prospective gravity low / magnetic low response of the primary target zone. Assay results for vanadium, and to a lesser degree boron, showed anomalous trends similar to the uranium anomalies but the trends are parallel rather than coincident. The results for nickel, molybdenum and cobalt appear to have anomalous north-south trends that may be influenced by an underlying crosscutting structure as suggested by the airborne magnetic results.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) actively operates an exploration pipeline of 12 advanced projects in Canada's Athabasca Basin, the world's richest uranium region. Purepoint's flagship project is the Hook Lake Project, a joint venture with two of the largest uranium suppliers in the world, Cameco Corporation and Orano Canada Inc. The Hook Lake JV Project is on trend with recent high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow Deposit and encompasses its own Spitfire discovery (53.3% U3O8 over 1.3m including 10m interval of 10.3% U3O8). Together with its flagship project, the Company's projects stretch across approximately 185,000 hectares of claims throughout the Athabasca Basin. These claims host over 20 distinct and well-defined drill target areas with advanced geophysical surveys completed, and in some cases, have had first pass drilling performed.

Scott Frostad BSc, MASc, PGeo, Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this release.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.

Disclosure regarding forward-looking statements

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

View original content to download multimedia:http://www.prnewswire.com/news-releases/purepoint-uranium-initiates-drilling-at-their-umfreville-project-301319128.html

SOURCE Purepoint Uranium Group Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/24/c5142.html

SASKATOON, SK, June 24, 2021 /CNW/ – IsoEnergy Ltd. ("IsoEnergy") (TSXV: ISO) (OTCQX: ISENF) is pleased to announce the strengthening of its technical team with the appointment of David Thomas as Technical Advisor and Andy Carmichael as Vice President, Exploration, effective July 1, 2021, and June 15, 2021, respectively. Also, the Company is delighted to announce that Elizabeth Williamson has joined IsoEnergy as Corporate Secretary, effective June 9, 2021.

Tim Gabruch, Chief Executive Officer, commented: "On behalf of the Board and management of IsoEnergy, I am excited to announce the addition of Dave Thomas as a key Technical Advisor to the Company. Dave is very well-known globally as a leading expert on uranium geology, with particular expertise in Saskatchewan's Athabasca Basin. We are thrilled that Dave is joining IsoEnergy at this stage to assist on all uranium-related matters, on an exclusive basis. With more than four decades of experience, Dave's knowledge and expertise in this area are second to none.

We are also very pleased to announce the promotion of Andy to Vice President, Exploration. Andy has been an invaluable contributor to all aspects of IsoEnergy's exploration programs since the inception of the Company in 2016 and has played a significant role in putting together the current land package and contributed to the strategy that ultimately led to the discovery of the Hurricane zone. Having Dave and Andy on board will be instrumental to the Company going forward and combined with NexGen's ongoing support of our geological programs, IsoEnergy is well positioned for continued exploration success.

Additionally, IsoEnergy is very happy to add Elizabeth Williamson as Corporate Secretary. Elizabeth has many years of governance experience, including working with Cameco Corporation, where from 2005 to 2013 her focus was on governance compliance and supporting its Board of Directors. Both Dave and Elizabeth are based in Saskatoon, SK, which builds on IsoEnergy's objective to reposition leadership of the Company to Saskatchewan – home of our exceptional assets, including the high-grade Hurricane discovery."

Dave Thomas stated: "I have watched IsoEnergy with keen interest over the past few years. The Company has a top tier land package and its exploration approach, resulting in the discovery of the Hurricane zone, has elevated the Company to a unique position among some of the top uranium companies. I am excited about the prospects ahead for the Company and look forward to providing my experience and expertise to the Board and the entire IsoEnergy team."

Andy Carmichael, Vice President of Exploration commented: "Contributing to IsoEnergy's success has been very rewarding and the discovery of the Hurricane zone, less than two years after our first exploration program, has been a highlight of my career to date. I am excited for the opportunity to lead our talented team of geologists in exploring our portfolio of highly prospective eastern Athabasca Basin uranium projects. Also, having exclusive access to such a highly regarded and experienced geologist such as Dave Thomas represents an incredible opportunity for the Company."

David Thomas

David Thomas, M.Sc. is a Professional Geoscientist with more than 40 years of experience as a practicing geologist. From 1980 to 1994 David held positions in the Saskatchewan Geological Survey including resident geologist in Uranium City as well as a project geologist where he worked on structural and metallogenic studies, with a focus on gold and base metals in the La Ronge and Flin Flon areas of northern Saskatchewan. In 1994, Dave joined Cameco Corporation where he held various roles including Chief Geologist, Director of Exploration New Business and Generative Group, and Director of Geoscience. While at Cameco his roles and responsibilities provided significant international involvement and exposure to a wide variety of gold and uranium deposits in a diversity of geographic and geological settings across North America, South America, Africa, Australia, Central Asia, Scandinavia and Russia. David retired from Cameco in 2018, although remains active as a consultant to mineral exploration companies.

Andy Carmichael

Andy Carmichael is a Professional Geoscientist with 17 years of mineral exploration experience. Since 2007 Andy has primarily explored for unconformity-related uranium deposits in the Athabasca Basin which included contributing to the discovery of the Hurricane Zone and work at the J-Zone, Triple R, Phoenix and Gryphon deposits. Andy has also explored for uranium in the Hornby Bay Basin, Colorado Plateau, and Namibia.

Elizabeth Williamson

Elizabeth Williamson has been a lawyer in Saskatchewan for over 20 years. Her governance experience includes several years at Cameco Corporation, in the position of Director, Legal Services, Governance. She then continued her governance career as the University Secretary at the University of Saskatchewan. She is now a sole practitioner at Williamson Law, a law office that she began in 2017. Elizabeth has a general practice advising clients on many varied issues, including numerous governance matters.

Stock Option Grant

The Company also announces that is has granted an aggregate of 1,600,000 incentive stock options to certain officers, employees, and consultants of the Company (the "Options"). The Options were granted on June 23, 2021, are exercisable at a price of $2.81, vest in three equal annual instalments commencing on the grant date and have a term of five years. The Options were issued pursuant to the Company's incentive stock option plan and are subject to regulatory approval.

About IsoEnergy

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada. The Company recently discovered the high-grade Hurricane Zone of uranium mineralization on its 100% owned Larocque East property in the Eastern Athabasca Basin. IsoEnergy is led by a Board and Management team with a track record of success in uranium exploration, development and operations. The Company was founded and is supported by the team at its major shareholder, NexGen Energy Ltd.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, alternative sources of energy and uranium prices, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

SOURCE IsoEnergy Ltd.

View original content: http://www.newswire.ca/en/releases/archive/June2021/24/c7811.html

Vancouver, British Columbia–(Newsfile Corp. – June 24, 2021) – Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") is pleased to announce that, further to its news release of earlier today, due to significant investor demand, the Company has increased the size of its non-brokered private placement (the "Offering") from C$2.5 million to up to C$3.5 million. Under the increased Offering, the Company will sell up to 7,777,777 flow-through units of the Company (the "FT Units") at a price of C$0.45 per FT Unit for gross proceeds to the Company of up to C$3,000,000 (the "Offering"). Red Cloud Securities Inc. is acting as a finder in connection with a majority of the Offering.

The use of proceeds are for further exploration of the Company's uranium, copper, nickel and palladium projects in Saskatchewan.

About Forum Energy Metals

Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects being drilled in 2021 by the Company and its major mining company partners, Rio Tinto and Orano, for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's Number One Rated mining province for exploration and development. In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt. For further information: www.forumenergymetals.com

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo
President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

NORTH AMERICA

Rick Mazur, P.Geo., President & CEO
mazur@forumenergymetals.com
Tel: 778-772-3100

UNITED KINGDOM

Burns Singh Tennent-Bhohi, Director
burnsstb@forumenergymetals.com
Tel: 074-0316-3185

Not for distribution to United States Newswire Services or for dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88588

NEW YORK, June 23, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Uranium Energy Corp. (NYSE American: UEC) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “Time to Capitalize on the Net Zero Emission Initiative,” please visit: https://nnw.fm/jtRjZ.

Last month, the International Energy Agency (IEA) issued a comprehensive and actionable plan to cap the global temperature rise to 1.5°C by mid-century without upending energy stability, accessibility or pricing. IEA covers it all and lays out how renewable energies in combination with nuclear power will become the dominant energy sources across the planet even amid a growing global population.

The transition is inevitable for the planet’s survival, and there are ways to capitalize on this titanic transformation in the energy sector. In the United States, Uranium Energy Corp. (NYSE American: UEC) is a leading player in low-cost and environmentally friendly in-situ recovery (ISR) mining of uranium, the essential element that fuels nuclear energy.

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. As a leading pure-play American uranium company, UEC is advancing the next generation of low-cost and environmentally friendly in-situ recovery (“ISR”) mining uranium projects. In South Texas, the company’s hub-and-spoke operations are anchored by UEC’s fully licensed Hobson Processing Facility, which is central to its Palangana, Burke Hollow, Goliad and other ISR pipeline projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company’s diversified holdings provide exposure to a unique portfolio of uranium related assets, including: 1) major equity stake in the only royalty company in the sector, Uranium Royalty Corp; 2) physical uranium warehoused in the U.S.; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. In Paraguay, the company owns one of the largest and highest-grade ferro-titanium deposits in the world. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.

For more information about the company, visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.

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