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Vancouver, British Columbia–(Newsfile Corp. – August 30, 2021) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (the "Company" or "GoviEx") today announced that its CEO, Daniel Major, will present at the Power Players Investor Forum to be held (virtually) August 31, 2021 – the Company's presentation will be at 9:00 AM (EST) and consist of a 20-minute formal description of the Company and its financial position, followed by a 20-minute Q&A session moderated by Noble Capital Markets senior equity research analyst, Michael Heim.

The presentation can be accessed by registering (at no cost) for the Investor Forum at www.channelchek.com; the investor portal created by Noble. The video webcast will be later archived on Channelchek as part of its C-Suite Series www.channelchek.com/c-suite, and on its YouTube channel: www.youtube.com/channelchek.

Registration for the live event may be limited but access to the replay after the event will be on the Company's website www.goviex.com.

About GoviEx Uranium Inc.

GoviEx (TSXV: GXU) (OTCQB: GVXXF) is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer through the continued exploration and development of its flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its multi-element Falea Project in Mali.

Information Contacts

Govind Friedland, Executive Chairman
Daniel Major, Chief Executive Officer
Tel: +1-604-681-5529
Email: info@goviex.com
Web: www.goviex.com

Cautionary Note to United States Persons: The disclosure contained herein does not constitute an offer to sell or the solicitation of an offer to buy securities of GoviEx Uranium Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94968

The board of Anglo Pacific Group plc (LON:APF) has announced that it will pay a dividend of UK£0.018 per share on the 10th of November. Including this payment, the dividend yield on the stock will be 5.7%, which is a modest boost for shareholders' returns.

See our latest analysis for Anglo Pacific Group

Anglo Pacific Group's Distributions May Be Difficult To Sustain

The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Even though Anglo Pacific Group is not generating a profit, it is still paying a dividend. Along with this, it is also not generating free cash flows, which raises concerns about the sustainability of the dividend.

Recent, EPS has fallen by 18.8%, so this could continue over the next year. This will push the company into unprofitability, which means the managers will have to choose between suspending the dividend, or paying it out of cash reserves.

Dividend Volatility

Although the company has a long dividend history, it has been cut at least once in the last 10 years. Since 2011, the first annual payment was US$0.13, compared to the most recent full-year payment of US$0.12. The dividend has shrunk at a rate of less than 1% a year over this period. Generally, we don't like to see a dividend that has been declining over time as this can degrade shareholders' returns and indicate that the company may be running into problems.

The Dividend Has Limited Growth Potential

With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Over the past five years, it looks as though Anglo Pacific Group's EPS has declined at around 19% a year. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough.

We'd also point out that Anglo Pacific Group has issued stock equal to 18% of shares outstanding. Regularly doing this can be detrimental – it's hard to grow dividends per share when new shares are regularly being created.

Anglo Pacific Group's Dividend Doesn't Look Great

Overall, this isn't a great candidate as an income investment, even though the dividend was stable this year. The company seems to be stretching itself a bit to make such big payments, but it doesn't appear they can be consistent over time. Overall, the dividend is not reliable enough to make this a good income stock.

Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For instance, we've picked out 3 warning signs for Anglo Pacific Group that investors should take into consideration. If you are a dividend investor, you might also want to look at our curated list of high performing dividend stock.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.

UUUU, RadTran to study the recovery of thorium, radium, from existing rare earth carbonate and uranium process streams
The alliance has the potential to develop commercial technologies and sources of isotopes needed for a new domestic medical supply chain
The partnership aims to alleviate the major bottleneck in the targeted alpha therapy market

Due to its highly unique licenses, capabilities, and expertise, Energy Fuels (NYSE: UUUU) (TSX: EFR) is able to supply critical minerals and materials that no other company in the U.S. – or possibly outside of China – is able to do. Energy Fuels’ business revolves around its ability to recover and properly manage uranium and radionuclides in one-of-a-kind ways in the U.S. Energy Fuels is the leading U.S. uranium producer. The company just began producing rare earth by unlocking the value of a mineral called monazite, because this mineral contains radioactive elements, uranium, and thorium. And, UUUU’s most recent strategic partnership takes the company into an entirely new realm: the world of medicine.

Last month Energy Fuels entered into a strategic alliance with RadTran LLC to evaluate the recovery of thorium, as well as possibly radium, from the company’s existing rare earth carbonate and uranium process streams (https://ibn.fm/cT29O). RadTran is a Colorado-based technology development company focused on…

The method

We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.

A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value:

10-year free cash flow (FCF) estimate

	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031
Levered FCF ($, Millions)	US$56.1m	US$46.6m	US$41.2m	US$37.9m	US$35.9m	US$34.7m	US$34.0m	US$33.6m	US$33.4m	US$33.3m
Growth Rate Estimate Source	Analyst x3	Analyst x2	Est @ -11.65%	Est @ -7.88%	Est @ -5.24%	Est @ -3.39%	Est @ -2.1%	Est @ -1.19%	Est @ -0.56%	Est @ -0.12%
Present Value ($, Millions) Discounted @ 7.5%	US$52.2	US$40.3	US$33.2	US$28.4	US$25.1	US$22.5	US$20.5	US$18.9	US$17.5	US$16.2

("Est" = FCF growth rate estimated by Simply Wall St)
Present Value of 10-year Cash Flow (PVCF) = US$274m

After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 0.9%. We discount the terminal cash flows to today's value at a cost of equity of 7.5%.

Terminal Value (TV)= FCF₂₀₃₁ × (1 + g) ÷ (r – g) = US$33m× (1 + 0.9%) ÷ (7.5%– 0.9%) = US$515m

Present Value of Terminal Value (PVTV)= TV / (1 + r)¹⁰= US$515m÷ ( 1 + 7.5%)¹⁰= US$251m

The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$525m. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of UK£1.3, the company appears a touch undervalued at a 29% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula – garbage in, garbage out.

Important assumptions

We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Anglo Pacific Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.5%, which is based on a levered beta of 1.231. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.

Next Steps:

Whilst important, the DCF calculation shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Can we work out why the company is trading at a discount to intrinsic value? For Anglo Pacific Group, we've put together three important aspects you should assess:

Risks: For example, we've discovered 3 warning signs for Anglo Pacific Group that you should be aware of before investing here.
Management:Have insiders been ramping up their shares to take advantage of the market's sentiment for APF's future outlook? Check out our management and board analysis with insights on CEO compensation and governance factors.
Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!

PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the LSE every day. If you want to find the calculation for other stocks just search here.

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

Here are five stocks added to the Zacks Rank #5 (Strong Sell) List today:

Cardlytics, Inc. CDLX operates an advertising platform within financial institutions digital channels. The Zacks Consensus Estimate for its current year earnings has been revised 57.9% downward over the last 30 days.

Energy Fuels Inc. UUUU engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery. The Zacks Consensus Estimate for its current year earnings has been revised 23.5% downward over the last 30 days.

Invacare Corporation IVC designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets. The Zacks Consensus Estimate for its current year earnings has been revised 11.5% downward over the last 30 days.

Poseida Therapeutics, Inc. PSTX is a clinical-stage biopharmaceutical company, focuses on developing therapeutics for patients with high unmet medical needs. The Zacks Consensus Estimate for its current year earnings has been revised 9.8% downward over the last 30 days.

Cytokinetics, Incorporated CYTK is a late-stage biopharmaceutical company. The Zacks Consensus Estimate for its current year earnings has been revised 15.7% downward over the last 30 days.

View the entire Zacks Rank #5 List.

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Cytokinetics, Incorporated (CYTK) : Free Stock Analysis Report

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To read this article on Zacks.com click here.

Zacks Investment Research

/NOT FOR DISSEMINATION IN THE U.S. NOR FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN/

VANCOUVER, BC, Aug. 26, 2021 /CNW/ – Virginia Energy Resources Inc. (TSXV: VUI) ("Virginia Energy" or the "Company") is pleased to announce a proposed non-brokered private placement of up to 6.5 million common shares of the Company at a price of $0.20 per common share for gross proceeds of up to $1.3 million ("Private Placement").

The Private Placement is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities issued in connection with the Private Placement will be subject to a four-month hold period, in accordance with applicable securities laws. Finder's fees of up to 3% may be paid to certain finders.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Results of Annual General Meeting

The Company is also pleased to announce the voting results from the Annual General Meeting held on August 11^th in Vancouver, B.C. (the "Meeting"). A total of 16,939,305 common shares of the 57,405,614 common shares outstanding at the record date were voted at the Meeting, representing 29.5% of the issued and outstanding common shares of the Company at the record date.

Each of the following nominees set forth in the Company's management information circular dated July 12, 2021, was elected as a Director of the Company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed: Walter Coles, Sr., Neal Keesee, Harold R. Roberts, and Joseph M. Kiely. Shareholders indicated overwhelming support for the nominees, with each nominee receiving greater than 99.5% votes "for" and less than 0.5% of votes "withheld". Similarly the other matters placed before shareholders at the meeting received near unanimous support as well: setting the number of directors at four, approving the reappointment of Smythe LLP, Chartered Professional Accountants, as the auditors of the Company, authorizing the Company's Board of Directors to fix the auditors' remuneration as well as ratifying and approving the Company's 10% rolling Stock Option Plan. Each of these other matters received 99.99% or more of votes cast "for" and 0.01% or fewer of votes cast "against."

About Virginia Energy

Virginia Energy Resources Inc. is a uranium development and exploration company. The Company holds a 100% controlling interest in the advanced stage Coles Hill uranium project located in south central Virginia, USA.

On Behalf of the Board of Directors of

VIRGINIA ENERGY RESOURCES INC.

Walter Coles, Sr.
President & CEO

Certain of the statements in this press release may constitute "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 laws. Forward-looking information includes, but is not limited to, implications regarding the successful or unsuccessful closing of a private placement financing, or statements relating to filing of a lawsuit in federal court against the Commonwealth of Virginia. Forward-looking statements and forward-looking information generally express predictions, expectations, beliefs, plans, projections, or assumptions regarding future events or performance, they do not constitute historical fact and they are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those anticipated or implied in such information or statements. Forward-looking statements and information contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements or information will prove to be accurate. Actual results may differ materially from those anticipated or projected.

Neither 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 securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

SOURCE Virginia Energy Resources Inc.

Cision

View original content: http://www.newswire.ca/en/releases/archive/August2021/26/c7346.html

PERTH, Australia, Aug. 26, 2021 /CNW Telbec/ – Galaxy Resources Limited (ASX: GXY) (Company) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company's platform (ASX):

Merger of Galaxy and Orocobre Implemented

The announcement can be viewed at:

https://www2.asx.com.au/markets/trade-our-cash-market/announcements.gxy

SOURCE Galaxy Resources Limited

Cision

View original content: http://www.newswire.ca/en/releases/archive/August2021/26/c8739.html

LONDON, UK / ACCESSWIRE / August 26, 2021 / Anglo Pacific Group PLC (the 'Company' or 'Anglo Pacific') (LSE:APF)(TSX:APY) announces clarification of the dividend timetable. Following the move to reporting results in US dollars rather than in pound sterling the Company reconfirm that the Q1 2021 interim dividend of 1.75p, will be paid on 10 November to shareholders on the register at 8 October 2021.

Full Dividend Timetable
The timetable shown below, reiterates the interim dividend dates for 2021.

	Q1 2021 – interim	Q2 2021 – interim	Q3 2021 – interim
Ex-dividend date	07-Oct-21	25-Nov-21	06-Jan-22
Record date	08-Oct-21	26-Nov-21	07-Jan-22
Payment date	10-Nov-21	22-Dec-21	16-Feb-22
Amount	1.75p	1.75p	1.75p

The final dividend for 2021 will be determined based on the results for the year and growth opportunities executed or being progressed, and will be subject to shareholder approval at the 2022 AGM.

For further information:

Anglo Pacific Group PLC	+44 (0) 20 3435 7400
Julian Treger – Chief Executive Officer Kevin Flynn – Chief Financial Officer

Website:	www.anglopacificgroup.com

Berenberg	+44 (0) 20 3207 7800
Matthew Armitt / Jennifer Wyllie / Varun Talwar / Detlir Elezi

Peel Hunt LLP	+44 (0) 20 7418 8900
Ross Allister / Alexander Allen / David McKeown
RBC Capital Markets Farid Dadashev / Marcus Jackson / Jamil Miah	+44 (0) 20 7653 4000

Camarco	+44 (0) 20 3757 4997
Gordon Poole / Owen Roberts / James Crothers

Notes to Editors

About Anglo Pacific
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Anglo Pacific Group PLC

View source version on accesswire.com:
https://www.accesswire.com/661440/Anglo-Pacific-Group-PLC-Announces-Clarification-of-Dividend-Timetable

Massapê Discovery: 13.96 g/t 2PGE+Au and 6.77 g/t 2PGE+Au from in-situ chromitite reef outcrop samples and 15 m at 1.65 g/t 2PGE+Au from trench channel sample

VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced assay results for two chromitite reef outcrop samples, 25 Trado^® auger holes and five trenches from the Massapê target area at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. The high-grade Massapê discovery is situated approximately four kilometres (“km”) along trend to the north of the Trapia deposit area, which is included in ValOre’s global 2019 NI 43-101 Pedra Branca inferred resource of 1,067,000 ounces (“oz”) 2PGE+Au contained in 27.2 million tonnes (“Mt”) grading 1.22 g/t 2PGE+Au. CLICK HERE for a regional map of the Massapê target and Pedra Branca project (Figure 1).

“2021 exploration at Massapê indicates the presence of a near-surface PGE zone extending to the south of historical drilling, where palladium and platinum mineralization was encountered in 3 of 5 historical holes,” stated ValOre’s VP of Exploration, Colin Smith. “The discovery of correlative high-grade and chromitite reef outcrops within three broadly mineralized trenches south of historical drilling warrants 500 m of follow-up core drilling for Massapê as part of a 1000 metre expansion to the on-going program.”

Massapê Discovery Trenching, Trado^® Auger Drilling and Rock Sampling Highlights:

High-grade PGE assay results from two chromitite reef outcrop samples:
- 13.96 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”), and
- 6.77 g/t 2PGE+Au;
These two high-grade PGE samples extend known PGE mineralization an additional 200 metres (“m”), creating a total Massapê target strike length of >800 m (remains open to south);
All 5 trenches* completed along the Massapê target trend in 2021 returned significant intervals of PGE mineralization, including:
- 15 m at 1.65 g/t 2PGE+Au, incl. 6 m at 3.40 g/t 2PGE+Au
- 54 m at 0.39 g/t 2PGE+Au, incl. 2 m at 1.14 g/t 2PGE+Au, and 9 m at 1.2 g/t 2PGE+Au
- 28 m at 0.44 g/t 2PGE+Au;
Trado^® auger drilling returned surface PGE assay results in 15 of 25 holes, with assay highlights including:
- 3.5 m at 0.87 g/t 2PGE+Au from surface, including 1.5 m at 1.3 g/t 2PGE+Au from 2 m
- 4 m at 0.59 g/t 2PGE+Au from surface, including 1 m at 1.84 g/t 2PGE+Au from 1 m
- 11 m at 0.34 g/t 2PGE+Au from surface
- 8 m at 0.36 g/t 2PGE+Au from surface;
Excellent exploration upside remains, with the currently defined >800-metre-long mineralized ultramafic (“UM”) trend fully open to the south, in the direction of improving in-situ PGE grades and strong magnetic signature;
Massapê target is drill-ready, with 500 m of core drilling planned for September as part of the planned 1000 metre expansion to the previously announced DDH program.

*Reported trench assay interval lengths are channel samples and estimated to represent 80-90% true width

Massapê Target 2021 Exploration: Trenching, Trado^® Auger Drilling and Rock Sampling

Compilation and review of historical data from Massapê revealed considerable geochemical, geophysical, and geological similarities to the PGE deposits which comprise ValOre’s current NI 43-101 inferred resource, and consequently designated the target as high priority. The application of ValOre’s proven and effective systematic exploration methodology was deployed and served to rapidly advance Massapê to drill-ready stage (CLICK HERE for news release dated March 23, 2021; CLICK HERE for news release dated April 26, 2021; CLICK HERE for news release dated July 12, 2021; and CLICK HERE for news release dated August 23, 2021). Given the continued success of ValOre’s sequential exploration methodology, district-wide target generation and assessment has been being accelerated.

The Massapê target area is characterized by strong historical PGE-in-soil anomalies, high-grade historical and ValOre surface grab samples (including 13 samples >10 g/t 2PGE+Au over 800 m of geological trend), a compelling >1-km-long magnetic anomaly, strong local WorldView spectral signatures (CLICK HERE for additional information on WorldView spectral data), and PGE mineralization in 3 of 5 historical core drill holes.

ValOre conducted detailed geological mapping and prospecting of the 1 km-long trend and followed-up with 25 Trado^® auger holes (122 m total, equating to 129 samples) and 5 trenches (216 m total). At-surface, PGE-bearing UM or UM-derived rocks were intercepted in 15 of 25 Trado^® holes, and in all 5 trenches, confirming the presence of in-situ surface PGE mineralization along a geological trend of approximately 800 m. CLICK HERE for a plan map of the Massape target (Figure 2).

Trench channel sample assay highlights include multiple high-grade PGE results from the three southernmost trenches, including:

TR21MS05: 15 m at 1.65 g/t 2PGE+Au, including 6 m at 3.4 g/t 2PGE+Au;
TR21MS03: 54 m at 0.39 g/t 2PGE+Au, including 2 m at 1.14 g/t 2PGE+Au and 9 m at 1.2 g/t 2PGE+Au;
TR21MS04 : 28 m at 0.44 g/t 2PGE+Au.

CLICK HERE for detailed trench cross sections (Figures 3a, 3b, 3c) and see Table 1 below for a summary of significant assay results for all 5 trenches.

High-grade PGE assays (13.96 g/t 2PGE+Au and 6.77 g/t 2PGE+Au) were returned from two samples collected from correlative chromitite reefs exposed in trenches TR21MS04 and TR21MS05, extending known PGE mineralization for an additional 200 m to the south of the existing historical core drilling area. CLICK HERE for detailed sample photographs (Figure 4).

Trado^® auger assay highlights include holes AD21MS19, which returned 3.5 m at 0.87 g/t 2PGE+Au from surface, including 1.5 m at 1.3 g/t 2PGE+Au from 2 m, and hole AD21MS14 which returned 11 m at 0.34 g/t 2PGE+Au from surface. See Table 1 below for a summary of significant Trado^® assay results.

Table 1: Trado^® Auger Drilling and Trenching Highlights

Hole ID	Type	From (m)	To (m)	Length* (m)	2PGE+Au (g/t)	2PGE+Au Interval Summary
AD21MS03	Auger	0	2	2	0.19	2 m at 0.19 g/t 2PGE+Au from surface
AD21MS04	Auger	0	4	4	0.27	4 m at 0.27 g/t 2PGE+Au from surface
AD21MS07	Auger	0	2.4	2.4	0.16	2.4 m at 0.16 g/t 2PGE+Au from 1 m
AD21MS08	Auger	0	1	1	0.10	1 m at 0.1 g/t 2PGE+Au from surface
AD21MS11	Auger	0	1	1	0.14	1 m at 0.14 g/t 2PGE+Au from surface
AD21MS12	Auger	0	1	1	0.11	1 m at 0.11 g/t 2PGE+Au from surface
AD21MS13	Auger	0	2.5	2.5	0.19	2.5 m at 0.19 g/t 2PGE+Au from surface
AD21MS14	Auger	0	11	11	0.34	11 m at 0.34 g/t 2PGE+Au from surface
AD21MS15	Auger	0	12	12	0.19	12 m at 0.19 g/t 2PGE+Au from surface
AD21MS16	Auger	0	12	12	0.16	12 m at 0.16 g/t 2PGE+Au from surface
AD21MS17	Auger	0	8	8	0.36	8 m at 0.36 g/t 2PGE+Au from surface
AD21MS18	Auger	0	2	2	0.18	2 m at 0.18 g/t 2PGE+Au from surface
AD21MS19	Auger	0	3.5	3.5	0.87	3.5 m at 0.87 g/t 2PGE+Au from surface incl. 1.5 m at 1.3 g/t 2PGE+Au from 2 m
AD21MS19	Auger	2	3.5	1.5	1.30
AD21MS20	Auger	0	4	4	0.59	4 m at 0.59 g/t 2PGE+Au from surface incl. 1 m at 1.84 g/t 2PGE+Au from 1 m
AD21MS20	Auger	1	2	1	1.84
AD21MS24	Auger	0	13	13	0.25	13 m at 0.25 g/t 2PGE+Au from surface
TR21MS01	Trench	1	29	28	0.12	28.00m at 0.12 g/t 2PGE+Au
TR21MS02	Trench	3	5.1	2.1	0.57	2.1 m at 0.57 g/t 2PGE+Au and 6 m at 0.20 g/t 2PGE+Au
TR21MS02	Trench	17	23	6	0.20	2.1 m at 0.57 g/t 2PGE+Au and 6 m at 0.20 g/t 2PGE+Au
TR21MS03	Trench	7	61	54	0.39	54.00m at 0.39 g/t 2PGE+Au incl. 16.00m at 0.41 g/t 2PGE+Au incl. 2.00m at 1.14 g/t 2PGE+Au and 15.00m at 0.18 g/t 2PGE+Au and 9.00m at 1.20 g/t 2PGE+Au
		7	23	16	0.41
		9	11	2	1.14
		30	45	15	0.18
		52	61	9	1.20
TR21MS04	Trench	5	33	28	0.44	28.00m at 0.44 g/t 2PGE+Au
TR21MS05	Trench	33	48	15	1.65	15.00m at 1.65 g/t 2PGE+Au incl. 6.00m at 3.40 g/t 2PGE+Au
TR21MS05	Trench	39	45	6	3.40

*Reported trench assay interval lengths are channel samples and estimated to represent 80-90% true width

About Trado^® Auger Drilling and Trenching Methodology

Please CLICK HERE to view ValOre’s news release of March 23, 2021 for detailed information regarding Trado^® auger drilling and trenching methodologies.

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.

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 www.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: http://www.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.

VANCOUVER, British Columbia, Aug. 25, 2021 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to announce it has appointed C. Trevor Perkins as Vice President, Exploration. Mr. Perkins is a Professional Geologist with wide-ranging experience in planning and executing mineral exploration programs and managing exploration teams. He brings a proven track record of discovery and results from a successful 26-year career in mineral exploration in some of the world’s most prolific mining regions.

Mr. Perkins has been Exploration Manager at Azincourt since October of 2020. He’s been responsible for leading exploration efforts at the Company’s East Preston uranium project, located in the Western Athabasca Basin, Saskatchewan.

Prior to joining Azincourt, Mr. Perkins held the title of Exploration Manager for UEX Corporation, responsible for overseeing exploration in the Athabasca Basin, Saskatchewan. As a Qualified Person for UEX’s uranium and cobalt projects, he was responsible for several 43-101 technical reports and resource estimates for both the Christie Lake and West Bear Projects. In addition, he managed the team that made the Ōrora Uranium Deposit discovery 2017.

Mr. Perkins was also Senior Geoscientist with Rio Tinto and spent a decade with Cameco Corporation. At Cameco he served as Vice President, Exploration for Cameco Mongolia, District Geologist for Europe and Asia, Senior Project Geologist for Arnhem Land in Australia, and a Project Geologist for Cameco’s Athabasca projects. As Project Geologist for the McArthur River project, he led the team that discovered the McArthur River North Extension zones (110Mlb U3O8) and as Senior Project Geologist based in Darwin, Australia, he led the team that discovered the Angulari Uranium Deposit (20Mlb U3O8).

“We’re very pleased to elevate Trevor’s role with the Company, which is now more reflective of his growing role and increased responsibilities,” said CEO, Alex Klenman. “Since coming on board last year he has brought both a high degree of professionalism and a real hunger and enthusiasm for discovery. He has been directly involved in several significant uranium discoveries in the past and has the proven ability to direct large scale exploration programs. It’s a great fit and we’re happy to bring him on as VP of Exploration,” continued Mr. Klenman.

“I am very excited to move into this new role and take on the added responsibility that comes with it,” commented Trevor Perkins, Vice President, Exploration. “This is an exciting time in the Uranium space, as it looks like we are poised for positive movement. I am eager to move forward with larger programs to evaluate our East Preston Project and look for opportunities to expand our exploration portfolio,” continued Mr. Perkins.

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

LONDON, UK / ACCESSWIRE / August 25, 2021 / Anglo Pacific Group PLC ('Anglo Pacific', the 'Company', the 'Group') (LSE:APF)(TSX:APY) is pleased to announce interim results for the six months ended 30 June 2021 which are available on both the Group's website at www.anglopacificgroup.com and on SEDAR at www.SEDAR.com.

Following the transformational $205m Voisey's Bay cobalt stream acquisition in March 2021 and the associated financing, the Company has determined that it is now appropriate to commence reporting results in US dollars rather than in British pounds. With four of the Group's nine royalties being received in US dollars, the majority of Anglo Pacific's revenue, and the remaining ones largely being based on US dollar prices but then converted to local currency, the Company feels now is the right time to transition its presentation currency to one that more appropriately reflects the underlying performance of the business and is in line with its peers.

The change in presentation currency does not impact the underlying business nor dividends, in particular the previously announced interim dividends of 1.75p per share to be paid in November 2021, December 2021 and February 2022.

Results

	HY1 2021		HY1 2020	HY1 2021		HY1 2020
	$m	YoY%	$m	£m	YoY%	£m
Kestrel	9.55	(37%)	15.10	6.88	(43%)	11.97
Voisey's Bay	3.12	–	–	2.25	–	–
Narrabri	1.15	(43%)	2.00	0.83	(48%)	1.59
Mantos Blancos	2.75	82%	1.51	1.98	65%	1.20
Maracás Menchen	1.46	484%	(0.38)	1.05	439%	(0.31)
Four Mile	0.10	(41%)	0.17	0.07	(46%)	0.13
Royalty and stream income	18.13	(1%)	18.40	13.06	(10%)	14.58

Dividends – LIORC & Flowstream	2.86	(1%)	2.89	2.06	(10%)	2.30
Interest – McClean Lake	1.23	10%	1.12	0.89	0%	0.89

Royalty and stream related revenue	22.22	(1%)	22.41	16.01	(10%)	17.77

EVBC*	1.59	34%	1.19	1.15	19%	0.97
Principal repayment – McClean Lake	–	(100%)	0.50	–	(100%)	0.40

Less:
Metal streams cost of sales	(0.77)		–	(0.55)		–

Total portfolio contribution	23.04	(4%)	24.10	16.61	(13%)	19.14

* Following the application of IFRS 9, the royalties received from EVBC are reflected in the fair value movement of the underlying royalty rather than recorded as royalty income.

Click on, or paste the following link into your web browser, to view the full announcement.

http://www.rns-pdf.londonstockexchange.com/rns/6832J_1-2021-8-25.pdf

For further information:

Anglo Pacific Group PLC	+44 (0) 20 3435 7400
Julian Treger – Chief Executive Officer Kevin Flynn – Chief Financial Officer Marc Bishop Lafleche – Chief Investment Officer

Website:	www.anglopacificgroup.com

Berenberg	+44 (0) 20 3207 7800
Matthew Armitt / Jennifer Wyllie / Varun Talwar / Detlir Elezi

Peel Hunt LLP	+44 (0) 20 7418 8900
Ross Allister / Alexander Allen / David McKeown
RBC Capital Markets Farid Dadashev / Marcus Jackson / Jamil Miah	+44 (0) 20 7653 4000

Camarco	+44 (0) 20 3757 4997
Gordon Poole / Owen Roberts / James Crothers

SOURCE: Anglo Pacific Group PLC

View source version on accesswire.com:
https://www.accesswire.com/661262/Anglo-Pacific-Group-PLC-Announces-Interim-Results-for-6-Months-Ended-30-June-2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

LONDON, UK / ACCESSWIRE / August 25, 2021 / Anglo Pacific Group PLC ('Anglo Pacific' or the 'Group') (LSE:APF)(TSX:APY) announces that Julian Treger has indicated that he wishes to step down from his role as Chief Executive Officer ('CEO') in due course after eight years in the role. Mr Treger will remain as CEO, leading the team and the Group's strategic objectives as normal until 31 March 2022, thus ensuring a smooth transition to new leadership for Anglo Pacific.

Mr Treger joined Anglo Pacific in October 2013 and has been instrumental in leading the transition of the business away from coal and towards 21^st century commodities aligned to the decarbonisation of energy which will be required to meet climate change goals.

He has led the Group's US$450m investments over the last eight years, including the transformative US$205m Voisey's Bay cobalt stream acquisition, which was completed in March 2021. These acquisitions now mean that over 60% of the Group's asset base by value are in base and battery metals.

Equally important, Mr Treger has built a strong team with considerable experience of originating, executing, and financing acquisitions, thereby ensuring that the business will continue to grow in the future.

In the meantime, the Nomination Committee has, in accordance with its succession planning framework, commenced a comprehensive search process to choose a new CEO and will update the market on progress in due course.

Commenting on his decision, Julian Treger, outgoing CEO:
"2021 has been truly transformational for Anglo Pacific, as we completed our largest ever acquisition in March of the Voisey's Bay cobalt stream. The Company has been transformed from predominantly a single producing royalty holder in 2013, which is when I took over, to a business with a stable revenue profile and exposure to commodities which should be key towards the transition away from fossil fuels and into cleaner energy and technology.

With an experienced management team in place, it now feels like the right time to hand over to somebody new and for me to pursue other business interests in due course. During the transition period, I will remain committed to all of our stakeholders and will give the Board and management all possible support during the succession process so we can find a suitable, new CEO to steer Anglo Pacific through its next phase of growth.

I have thoroughly enjoyed my time at Anglo Pacific, and I would like to thank my Board colleagues both past and present and the talented and dedicated team which I will leave behind. I strongly believe they will continue to grow the business into one of the leading royalties and streaming businesses globally."

Patrick Meier, Chairman, commented:
"I would like to thank Julian for his success in transforming the fortunes of Anglo Pacific. The business today is barely recognisable from that which he took over, and he had the vision and leadership to pivot towards commodities which will be vital to achieving climate change goals with sustainability firmly at the forefront. His commitment and astute investment skills have been key to our success.

On behalf of the Board, I would like to give our appreciation for all Julian has done in creating the Company which we are today. He will leave after the transition period with our very best wishes, and we have no doubt that he will continue to be successful in whatever he does next."

Enquiries:

Anglo Pacific Group PLC: Tel: +44 (0) 20 3435 7400

Julian Treger – Chief Executive Officer
Kevin Flynn – Chief Financial Officer

Notes to Editors
About the Company
Anglo Pacific PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

Important Information
This Announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of the UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

SOURCE: Anglo Pacific Group PLC

View source version on accesswire.com:
https://www.accesswire.com/661244/Anglo-Pacific-Group-PLC-Announces-Chief-Executive-Officer-Transition

A look at the shareholders of Deep Yellow Limited (ASX:DYL) can tell us which group is most powerful. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.

With a market capitalization of AU$231m, Deep Yellow is a small cap stock, so it might not be well known by many institutional investors. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Deep Yellow.

Check out our latest analysis for Deep Yellow

What Does The Institutional Ownership Tell Us About Deep Yellow?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in Deep Yellow. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Deep Yellow, (below). Of course, keep in mind that there are other factors to consider, too.

It would appear that 7.6% of Deep Yellow shares are controlled by hedge funds. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Paradice Investment Management Pty Ltd. is currently the largest shareholder, with 9.4% of shares outstanding. Resource Capital Investment Corporation is the second largest shareholder owning 7.6% of common stock, and Collines Investments Ltd holds about 6.8% of the company stock. In addition, we found that John Borshoff, the CEO has 3.7% of the shares allocated to their name.

A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.

Insider Ownership Of Deep Yellow

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Shareholders would probably be interested to learn that insiders own shares in Deep Yellow Limited. It has a market capitalization of just AU$231m, and insiders have AU$22m worth of shares, in their own names. This shows at least some alignment, but I usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling.

General Public Ownership

The general public — including retail investors — own 54% of Deep Yellow. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

Private Company Ownership

Our data indicates that Private Companies hold 7.8%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 4 warning signs with Deep Yellow (at least 2 which make us uncomfortable) , and understanding them should be part of your investment process.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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

LONDON, UK / ACCESSWIRE / August 23, 2021 / Anglo Pacific Group PLC ('Anglo Pacific', the 'Company' or the 'Group') (LSE:APF)(TSX:APY), is pleased to announce the appointment of Varda Shine as an independent non-executive director of the Company, effective from 23 August 2021. Varda will also serve on the Company's audit committee and will chair the remuneration committee, effective from 1 September.

Varda is a highly experienced mining non-executive director, executive mentor and mining industry adviser with a career spanning 30 years. Previously she was CEO of De Beers Trading Company where she worked with stakeholders across the supply chain to introduce new distribution and price strategies for the business. She currently serves as senior independent director and remuneration committee chair of Petra Diamonds, lead independent director and remuneration committee chair of Sarine Technologies. Varda is also a board member of the Mineral Development Company of the Government of Botswana. From February 2015 to June 2019, Varda was a non-executive director, audit and nomination committee member and remuneration chair from August 2017 at Lonmin PLC.

Patrick Meier, Chairman of the Company, commented:

"We are very pleased to welcome Varda to the Board following an extensive search process. Varda brings a wealth of experience to the Board at a time when the Company is looking to continue its diversification and focus on 21^st century commodities that support a more sustainable future. We believe that Varda's proven track record of previous and current board experience on public listed companies and leadership in the extractive sector complements the experience of our other directors and will serve to further strengthen the Board's skills and expertise."

Varda Shine commented:

"I am delighted to join the board of Anglo Pacific at such an exciting time for the Company and I look forward to being part of the journey and supporting the strategy and growth ambitions."

For further information:

Anglo Pacific Group PLC	+44 (0) 20 3435 7400
Julian Treger – Chief Executive Officer Kevin Flynn – Chief Financial Officer

Website:	www.anglopacificgroup.com

Berenberg	+44 (0) 20 3207 7800
Matthew Armitt / Jennifer Wyllie / Varun Talwar / Detlir Elezi

Peel Hunt LLP	+44 (0) 20 7418 8900
Ross Allister / Alexander Allen / David McKeown
RBC Capital Markets Farid Dadashev / Marcus Jackson / Jamil Miah	+44 (0) 20 7653 4000

Camarco	+44 (0) 20 3757 4997
Gordon Poole / Owen Roberts / James Crothers

Notes to Editors

About Anglo Pacific

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

SOURCE: Anglo Pacific Group PLC

View source version on accesswire.com:
https://www.accesswire.com/660854/Anglo-Pacific-Group-PLC-Announces-Board-Changes

VANCOUVER, British Columbia, Aug. 23, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced a Reverse Circulation (“RC”) drilling discovery at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil.

“ValOre rapidly advanced the Santo Amaro South target to drill-ready stage by the implementation of systematic 2021 mapping, Trado^® auger drilling and trenching,” stated ValOre’s VP of Exploration, Colin Smith. “RC drill hole RC21SAS03 confirms the presence of broad high-grade surface PGE mineralization at Santo Amaro South and further validates ValOre’s sequential exploration methodology, which has been re-initiated to expand upon the discovery hole.”

Highlights of Santo Amaro South RC Drilling Discovery:

Drill hole RC21SAS03*
- 32 metres (“m”) grading 1.65 grams per tonne palladium + platinum + gold (“g/t 2PGE+Au”) from surface, incl. 6 m grading 3.07 g/t 2PGE+Au from 2.00 m;
Near-surface (15 m or less) PGE mineralization intersected in all five 2021 RC holes;
RC drill targets developed from 2021 Trado^® auger drilling and trenching results (CLICK HERE for news release dated March 23, 2021), further validating ValOre’s systematic exploration methodology;
Excellent exploration upside characterized by a >1-kilometre (“km”) long ultramafic (“UM”) trend identified by geological mapping, and an 800 x 400 m PGE-in-soils and magnetic anomaly;
Follow-up Trado^® auger drilling is on-going to further investigate the along-strike, near-surface extension of PGE mineralization, and subsequent diamond drilling is planned to expand upon the high-grade mineralization intersected in drill hole RC21SAS03.

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

Santo Amaro South Target and 2021 Exploration Summary

The Santo Amaro South (“SAS”) target is located in the northern project area, 1.5 km south of the Santo Amaro deposit, which is included in ValOre’s global 2019 NI 43-101 Pedra Branca inferred resource of 1,067,000 ounces (“oz”) 2PGE+Au in 27.2 million tonnes (“Mt”) grading 1.22 g/t 2PGE+Au. CLICK HERE for a regional map of Santo Amaro South target and Pedra Branca project (Figure 1).

As part of ValOre’s exploration methodology (CLICK HERE for news release dated July 12, 2021), SAS was identified as a highly prospective and underexplored target based on extensive historical soil and geophysical anomalies, and the presence of multi-class WorldView spectral signatures (CLICK HERE for additional information on WorldView spectral data). Detailed 2021 field mapping and prospecting defined a greater than 1-km-long belt of target UM rocks, associated with strong magnetic and geochemical anomalism.

Systematic Trado^® auger drilling was performed along-trend, with 19 vertical holes (71 total samples), confirming the presence target UM rocks and continuity of surface PGE mineralization. Five linear east-west trenches (398 m total) were subsequently excavated, with channel sample assays confirming surface in-situ PGE mineralization in 4 out of the 5 trenches (CLICK HERE for news release dated March 23, 2021).

Trado^® hole logging, trench mapping, and subsequent assay results served to define multiple un-drilled, north-south-trending mineralized UM packages which exceeded 400 m in length and remain open along both directions of geological trend. CLICK HERE for a plan map of the SAS target (Figure 2).

SAS was tested with five 2021 vertical RC drill holes (totaling 282 m), with all 5 holes returning PGE-mineralized assays over a geological trend of 400 m. A broad, surface PGE discovery was made in RC drill hole RC21SAS03, which assayed 32 m grading 1.65 g/t 2PGE+Au from surface, including 6 m grading 3.07 g/t 2PGE+Au from 2 m. Table 1 below summarizes highlight intervals from 2021 RC drilling at SAS. CLICK HERE for a cross section of drill hole RC21SAS03 (Figure 3).

Table 1: Santo Amaro South RC Drilling Highlights

Hole ID	From (m)	To (m)	Length* (m)	2PGE+Au (g/t)	2PGE+Au Interval Summary
RC21SAS01	0	11	11	0.21	11 m grading 0.21 g/t 2PGE+Au from surface
RC21SAS01A	6	22	16	0.26	16 m grading 0.26 g/t 2PGE+Au from 6 m
RC21SAS02	14	21	7	0.20	7 m grading 0.20 g/t 2PGE+Au from 14 m and 19 m grading 0.23 g/t 2PGE+Au from 60 m
RC21SAS02	60	79	19	0.23
RC21SAS03	0	32	32	1.65	32 m grading 1.65 g/t 2PGE+Au from surface incl. 6 m grading 3.07 g/t 2PGE+Au from 2 m and 2 m grading 2.08 g/t 2PGE+Au from 23 m
	2	8	6	3.07
	23	25	2	2.08
RC21SAS04	6	19	13	0.15	13 m grading 0.15 g/t 2PGE+Au from 6 m

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

On-Going Exploration, Santo Amaro South

Additional Trado^® auger drilling is on-going to follow-up the best Trado^® and RC assays to date and to further investigate the near-surface continuity of PGE mineralization along strike. Subsequent diamond drilling is planned to expand upon the high-grade mineralization intersected in drill hole RC21SAS03.

RC Drilling and Sampling Methodology

RC drill holes are drilled in 3-metre-long by 4.5-inch diameter run lengths. One large sample is collected every metre, dried out by the cyclone, and deposited directly into previously labeled plastic sample bags. If the material is dry, the cyclone is cleaned every 3 metres with pressurized air. If humid or wet, the cyclone is cleaned at every metre. Each sample is weighed at the drill site, with an average of 20-30 kilograms (“kg”) per obtained sample (for 100% recovery). A representative sample is collected, sieved, and washed to remove excess dust. This sample is then deposited into a plastic chip case for logging procedures and future reference. Magnetic susceptibility measurements are taken at the drill site for each metre-long interval. The large samples collected from the cyclone are transported to a secure sampling and splitting facility in Capitão Mor. Each sample goes into a Jones Riffle Splitter, and 2 aliquots of approximately 2 kg, and minimum of 500 grams (“g”), are collected into two new sample bags. One sample is retained at site as archive, and the other is submitted for assay. The splitter is cleaned before the splitting of every new sample in a two-step procedure: (1) initially and manually with a paint brush; and (2) thereafter with pressurized air. The residual volume of each sample material is discarded. A strict Quality Control/Quality Assurance (“QA/QC”) program is applied to all samples, which included insertion of certified mineralized standards, blank samples and duplicates in every batch sent for assays.

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)

About ValOre Metals Corp.

The Pedra Branca PGE Project comprises 51 exploration licenses covering a total area of 55,984 hectares (138,339 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 estimated Pedra Branca inferred PGE resources are potentially open pittable.

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

TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that it has closed the previously announced acquisition (the “Acquisition”) of a 100% undivided interest in the high-grade Matoush Uranium Project (“Matoush” or the “Property”) located in the Province of Quebec, Canada.

Key Points:

High-Grade and Substantial Historic Resources – Based on a press release issued by Strateco Resources Inc. (“Strateco”) on December 7, 2012, Matoush was considered to have the following historical Mineral Resources:
- Indicated Mineral Resources of 586,000 t at an average grade of 0.954% containing 12.329 m lbs of U3O8
- Inferred Mineral Resources of 1,686,000 t at an average grade of 0.442% containing 16.44 m lbs of U3O8
- This historical estimate is considered to be a “historical estimate” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and is not considered by the Company to be current. See below under the heading “Global Historical Mineral Resource Table”.
Advanced Stage Project – An Updated Preliminary Economic Assessment on the Property was published in April of 2010 which contemplated access via a ramp decline, mining using longhole methods followed by cemented rock fill (CRF).
Good Exploration Potential – The Matoush Fault Zone, the structure that controls the mineralization, has been identified over a strike length extending 11km southward and 5km northward beyond the historic resource area. In addition, many of the zones of mineralization within the historic Mineral Resources are open along strike and down plunge.
Proven Mining Jurisdiction with Uranium Endowment – Quebec ranks highly as a mining jurisdiction and has seen significant past expenditures on uranium exploration by both major and junior mining companies.
Compelling Acquisition Structure – Deferred cash and share based consideration offers potential to reduce the ultimate total purchase price equity dilution.

Philip Williams, CEO commented “We are very pleased to close this acquisition which adds another high-grade, advanced stage project, in a top ranked mining jurisdiction, to our global project portfolio. As highlighted when we initially announced the acquisition, we look forward to bringing a fresh perspective to development of the project with a focus on engagement with the local indigenous stakeholders before undertaking any project level activity. Our recently announced acquisition and strategic alliance with Energy Fuels partners us with a leading US uranium miner that boasts an exemplary track record of safe uranium mining and milling that we expect will serve as a model for the potential advancement of the Matoush project.”

Terms of the Share Purchase Agreement

In accordance with the terms of the share pursuant agreement entered into with respect to the Acquisition (the “Agreement”), CUR has acquired all of the shares of a special purpose vehicle (the “SPV”) that holds a 100% undivided interest in the Property. The SPV, which was an indirect wholly-owned subsidiary of certain funds managed or advised by Third Eye Capital Corporation or its affiliates, acquired the Property free and clear of any encumbrances pursuant to an approval and vesting order granted by the Quebec Superior Court dated April 30, 2021.

As upfront payment for the Property, the Company has paid consideration comprised of $3,500,000 in cash and issued 2,000,000 common shares in the capital of the Company (“Shares”) with an aggregate value of $3,700,000 at a deemed price of $1.85 per Share which was calculated based on the 20-day VWAP of the Shares on the TSX Venture Exchange (the “TSXV”) up to August 17, 2021. Pursuant to the Agreement, further deferred payment is due on or before the six-month anniversary of closing of the transaction comprised of $1,500,000 in cash and such number of Shares with a value of $2,000,000 at a price per Share based on the 20-day VWAP of the Shares on the TSXV up to the date prior to the deferred payment. Following the issuance of the Shares pursuant to the Acquisition, the Company now has 46,481,387 Shares issued and outstanding.

All securities issued in connection with the Acquisition are subject to final approval of the TSXV and a hold period expiring four months and one day from the date of issuance.

Historic Mineral Resources

Roscoe Postle Associates Inc. (“RPA”), an independent consulting company, prepared a technical report on the Property in accordance with the disclosure standards of NI 43-101 entitled “Technical Report on the Mineral Resource Update for the Matoush Project, Central Québec, Canada” dated February 12, 2012. The Mineral Resource estimate was further updated by RPA in December 2012, as disclosed in a press release of Strateco dated December 7, 2012 (the “Historic Estimate”) and is considered to be a “historical estimate” under NI 43-101 and is not considered by the Company to be current. See below under the heading “Technical Disclosure and Qualified Person”.

The Historic Estimate was reported to be contained within six zones: AM-15, MT-22, MT-34, MT-02, MT-06, and MT-36 as shown in the following table.

Category	Tonnes (000 t)	Grade U3O8 (%)	Contained U3O8 (m lbs)
Indicated
AM-15	269	0.710	4,205
MT-22	73	1.160	1,866
MT-34	245	1.160	6,257
Total Indicated	586	0.954	12,329

Inferred
AM-15	95	0.217	456
MT-02	69	0.270	413
MT-06	195	0.181	777
MT-22	717	0.539	8,517
MT-34	414	0.564	5,148
MT-36	196	0.262	1,127
Total Inferred	1,686	0.442	16,440

Notes:
1. CIM definitions were followed for the Historic Estimate.
2. The Historic Estimate was estimated at a cut-off grade of 0.1% U3O8.
3. The Historic Estimate was estimated using an average long-term uranium price of US$75 per pound.
4. A minimum mining width of 1.5 m was used.
5. The MT34A lens is within both the MT-34 and AM-15 zones.
6. Numbers may not add due to rounding.

Technical Disclosure and Qualified Person

The scientific and technical information contained in this news release was reviewed and supervised by Peter Mullens (FAusIMM), CUR’s VP Business Development, who is a “Qualified Person” (as defined in NI 43-101).

The Historic Estimate was prepared by RPA using block U3O8 grades within a wireframe model that were estimated by ordinary kriging. The Historic Estimate was estimated at a cut-off grade of 0.1% U3O8 and using an average long-term uranium price of US$75 per pound. Six zones make up the Historical Estimate at Matoush: AM-15, MT-34, MT-22, MT-02, MT-06, and MT-36. Each zone is made up of one or more lenses, most of which strike north (009°) and dip steeply (87°) to the east. Outlines of the mineralized lenses were interpreted on ten-metre spaced vertical sections. Minimum criteria of 0.10% U3O8 over 1.5 m true thickness was used as a guide. The Company would need to conduct an exploration program, including twinning of historical drill holes in order to verify the Historical Estimate as a current Mineral Resource.

About Consolidated Uranium Inc.

Consolidated Uranium Inc. (TSXV: CUR) (OTCQB: CURUF) was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation. To date, the company has acquired or has the right to acquire uranium projects in Australia, Canada, Argentina and the United States each with significant past expenditures and attractive characteristics for development. Most recently, the Company entered a transformational strategic acquisition agreement and alliance with Energy Fuels Inc (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, to acquire a portfolio of permitted, past-producing conventional uranium and vanadium mines in the Utah and Colorado. These mines are currently on stand-by, ready for rapid restart as market conditions permit, positioning CUR as a near-term uranium producer.

Philip Williams
President and CEO
+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.

Cautionary Statement Regarding Forward-Looking Information.

This news release contains “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 final approval of the TSXV and other activities, events or developments that the Company expects or anticipates will or may occur in the future. 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 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, and 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, reliance on key management and other personnel, potential downturns in economic conditions, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, and risks generally 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.

Just because a business does not make any money, does not mean that the stock will go down. Indeed, Forsys Metals (TSE:FSY) stock is up 313% in the last year, providing strong gains for shareholders. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

Given its strong share price performance, we think it's worthwhile for Forsys Metals shareholders to consider whether its cash burn is concerning. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. First, we'll determine its cash runway by comparing its cash burn with its cash reserves.

View our latest analysis for Forsys Metals

When Might Forsys Metals Run Out Of Money?

A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. As at June 2021, Forsys Metals had cash of CA$12m and no debt. Looking at the last year, the company burnt through CA$582k. So it had a very long cash runway of many years from June 2021. While this is only one measure of its cash burn situation, it certainly gives us the impression that holders have nothing to worry about. The image below shows how its cash balance has been changing over the last few years.

How Is Forsys Metals' Cash Burn Changing Over Time?

Forsys Metals didn't record any revenue over the last year, indicating that it's an early stage company still developing its business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. As it happens, the company's cash burn reduced by 5.4% over the last year, which suggests that management are maintaining a fairly steady rate of business development, albeit with a slight decrease in spending. Forsys Metals makes us a little nervous due to its lack of substantial operating revenue. We prefer most of the stocks on this list of stocks that analysts expect to grow.

How Hard Would It Be For Forsys Metals To Raise More Cash For Growth?

While Forsys Metals is showing a solid reduction in its cash burn, it's still worth considering how easily it could raise more cash, even just to fuel faster growth. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate).

Since it has a market capitalisation of CA$131m, Forsys Metals' CA$582k in cash burn equates to about 0.4% of its market value. So it could almost certainly just borrow a little to fund another year's growth, or else easily raise the cash by issuing a few shares.

So, Should We Worry About Forsys Metals' Cash Burn?

It may already be apparent to you that we're relatively comfortable with the way Forsys Metals is burning through its cash. For example, we think its cash runway suggests that the company is on a good path. Its weak point is its cash burn reduction, but even that wasn't too bad! Taking all the factors in this report into account, we're not at all worried about its cash burn, as the business appears well capitalized to spend as needs be. Readers need to have a sound understanding of business risks before investing in a stock, and we've spotted 2 warning signs for Forsys Metals that potential shareholders should take into account before putting money into a stock.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts)

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

VANCOUVER, British Columbia, Aug. 17, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (VO:TSX-V) (“ValOre” or the “Company”) today announced the Annual General Meeting voting results.

At the annual general meeting of shareholders ("AGM"), which was held on August 17, 2021, shareholders approved setting the size of the board of directors at 5 (five), including the election of each director nominee as follows:

Nominee	# Voted For	%Voted For	# Votes Withheld	% Votes Withheld
James Paterson	22,195,471	99.87	29,994	0.13
Dale Wallster	22,210,044	99.90	21,394	0.10
James Malone	21,211,444	95.41	1,019,994	4.59
Garth Kirkham	22,205,471	99.91	19,994	0.09
Darren Klinck	22,035,174	99.12	196,264	0.88

Shareholders also approved the appointment of Davidson & Company LLP as the auditors of the Company, with 99.91% of votes in favour, and the resolution authorizing the continuation of the Company's Rolling Stock Option Plan was approved by 98.48%.

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.

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

If you want to know who really controls IsoEnergy Ltd. (CVE:ISO), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Companies that have been privatized tend to have low insider ownership.

IsoEnergy is not a large company by global standards. It has a market capitalization of CA$203m, which means it wouldn't have the attention of many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutional investors have bought into the company. Let's take a closer look to see what the different types of shareholders can tell us about IsoEnergy.

View our latest analysis for IsoEnergy

What Does The Institutional Ownership Tell Us About IsoEnergy?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

We can see that IsoEnergy does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at IsoEnergy's earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in IsoEnergy. Our data shows that NexGen Energy Ltd. is the largest shareholder with 50% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Meanwhile, the second and third largest shareholders, hold 2.5% and 1.6%, of the shares outstanding, respectively.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar.

Insider Ownership Of IsoEnergy

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

I can report that insiders do own shares in IsoEnergy Ltd.. It has a market capitalization of just CA$203m, and insiders have CA$2.3m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board, though I generally prefer to see bigger insider holdings. But it might be worth checking if those insiders have been selling.

General Public Ownership

The general public holds a 42% stake in IsoEnergy. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Public Company Ownership

It appears to us that public companies own 50% of IsoEnergy. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with IsoEnergy (at least 1 which is a bit unpleasant) , and understanding them should be part of your investment process.

Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials.

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

Centrus Energy Corp. (LEU) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates — one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure — the Zacks Consensus Estimate.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

Therefore, the Zacks rating upgrade for Centrus Energy Corp. basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock Prices

The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Centrus Energy Corp. rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate Revisions

As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.

Earnings Estimate Revisions for Centrus Energy Corp.

This company is expected to earn $1.67 per share for the fiscal year ending December 2021, which represents a year-over-year change of -64.5%.

Analysts have been steadily raising their estimates for Centrus Energy Corp. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.9%.

Bottom Line

Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Centrus Energy Corp. to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

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

Centrus Energy Corp. (LEU) : Free Stock Analysis Report

To read this article on Zacks.com click here.

NEW YORK, Aug. 17, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Laramide Resources Ltd. (TSX: LAM; OTCQX: LMRXF), company engaged in the exploration and development of uranium assets based in the United States and Australia, has qualified to trade on the OTCQX® Best Market. Laramide Resources Ltd. upgraded to OTCQX from the Pink® market.

Laramide Resources Ltd. begins trading today on OTCQX under the symbol "LMRXF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Marc Henderson, Laramide President & CEO stated, "With our large U.S. uranium project portfolio, and focus on expanding our exposure and profile with private and institutional U.S. investors, we are pleased to have direct access to this transparent and efficient quotation and trading platform."

Nauth LPC acted as the company's OTCQX sponsor.

About Laramide Resources Ltd.
Laramide is a publicly listed company engaged in the exploration and development of high-quality uranium assets based in the United States and Australia. The Company is listed on the Toronto Stock Exchange (TSX) and the Australian Securities Exchange (ASX), both under the symbol LAM, and on the OTCQX under the symbol "LMRXF". Laramide provides investors exposure to high-quality uranium assets through its portfolio of uranium projects chosen for their production potential, including the advanced Churchrock in-situ recovery (ISR) Project in the United States, Westmoreland in Australia and two development-stage assets, La Sal and La Jara Mesa, in the United States. Laramide also owns a large greenfield exploration opportunity (the Murphy Uranium Project) in the Northern Territory of Australia.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

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SOURCE OTC Markets Group Inc.

TICKER SYMBOLS: TSX:LAM; ASX:LAM; OTCQX:LMRXF

TORONTO, Aug. 17, 2021 /CNW/ – Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that the Company's common shares commenced trading August 17, 2021, on the OTCQX® Best Market under the symbol "LMRXF". Laramide will continue to trade in Canada under its primary listing on the Toronto Stock Exchange under the symbol "LAM", and on the Australian Securities Exchange under the symbol "LAM".

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

Laramide is also pleased to be included in the Solactive Global Uranium & Nuclear Components Total Return Index (the "Index") composition for the Global X Uranium ETF, as part of ordinary rebalance in the Index, with implementation effective August 2, 2021. The ordinary rebalance of the Index occurs semi-annually.

With net assets of approximately US$650 million, the Global X Uranium ETF is the largest Exchange Traded Fund ("ETF") in the uranium sector and the Index tracks the price movements in shares of companies involved in uranium and the production of nuclear components.

Laramide Resources is additionally a part of the index composition for the North Shore Global Uranium Mining ETF and the Horizons Global Uranium Index ETF.

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

About Laramide Resources:

Laramide is a Canadian-based company with diversified uranium assets strategically positioned in the United States and Australia that have been chosen for their low-cost production potential. Laramide's Churchrock and Crownpoint properties form a leading In-Situ Recovery (ISR) division that benefits from significant mineral resources and near-term development potential. Additional U.S. assets include La Jara Mesa in Grants, New Mexico, and La Sal in the Lisbon Valley district of Utah. The Company's Australian advanced stage Westmoreland is one of the largest uranium projects currently held by a junior mining company. Laramide is listed on the TSX: LAM and ASX: LAM and in the United States on the OTCQX: LMRXF.

Forward-looking Statements and Cautionary Language

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Actual results or developments may differ materially from those in forward-looking statements. Laramide disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, exploration and production for uranium; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of resource estimates; health, safety and environmental risks; worldwide demand for uranium; uranium price and other commodity price and exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of acquisitions; ability to access sufficient capital from internal and external sources; and changes in legislation, including but not limited to tax laws, royalties and environmental regulations.

Actual results, performance or achievement could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits may be derived therefrom and accordingly, readers are cautioned not to place undue reliance on the forward-looking information.

SOURCE Laramide Resources Ltd.

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SASKATOON, Saskatchewan, Aug. 15, 2021 (GLOBE NEWSWIRE) —

Highlights:

Stephen M. Long appointed as the Chief Executive Officer of Global Laser Enrichment LLC (GLE), effective September 1, 2021
Formerly Senior Vice President, Business Development at GE-Hitachi Nuclear Energy Americas (GEH), and GEH Global Laser Enrichment (GEH GLE) Project Director, prior to that
Uniquely positioned to lead the completion of GLE’s continuing development and commercialization strategy and potentially take the SILEX technology to market

Cameco (TSX: CCO; NYSE: CCJ) and Silex Systems Limited (Silex) (ASX: SLX; OTCQX: SILXY) are pleased to announce the appointment of Stephen M. Long as Chief Executive Officer of GLE, effective September 1, 2021.

Mr. Long is a highly experienced and well-regarded executive in the nuclear energy industry. He joins GLE from GE Hitachi Nuclear Energy Americas (GEH), where he most recently served as Senior Vice President of Business Development, capping off a 13-year tenure with GEH in a variety of commercial, strategic and project management roles. His career has focused primarily on the nuclear fuel industry. He has been integral to the development of GEH’s interests in the emerging small modular reactor and advanced reactor markets, including the advanced fuels applications associated with them.

Earlier in his career, Long served as Project Director of GEH GLE for five years, ending in 2014. During that time, he was instrumental in establishing the business case for the Paducah Laser Enrichment Facility (PLEF) project and for leading the technology development process.

“I am honored and delighted to be appointed as the next Chief Executive Officer of GLE and to lead the company’s efforts to rapidly scale and ideally deploy the innovative SILEX laser enrichment technology,” Long said. “The opportunity for GLE has never been greater. The world is aggressively pursuing ambitious decarbonization targets, and advanced nuclear energy systems and technologies are being rightfully recognized as fundamental elements of the solution.

“GLE, and the SILEX technology, are uniquely capable of addressing the wide range of LEU (low-enriched uranium) and HALEU (high-assay low-enriched uranium) requirements needed to fuel these emerging reactor designs,” Long said. “I’m eager to get to work advancing this critical component of the advanced nuclear supply chain.”

Following the successful completion of the GLE restructure in January 2021, Cameco and Silex have focused on the recruitment of an executive team to lead GLE through its technology development and commercialization phases. Long’s appointment follows the recent selection of James Dobchuk as Chief Commercial Officer and President of GLE in June. Both of these executives will report to the board of GLE, and their respective areas of focus will see Steve lead the advancement of the SILEX technology, while James will focus on the commercial opportunities for GLE in the near-term and long-term.

“We’re very pleased to have someone with Steve’s tremendous credentials and track record in the nuclear energy sector serve as the CEO of GLE,” said Cameco president and CEO Tim Gitzel. “The knowledge and expertise that he and James bring to the table means that we have now secured the services of two highly regarded executives to lead GLE moving forward. We believe we have positioned this company for great success ahead, and we’re excited to see what the future holds.”

“Steve’s extensive experience will provide GLE with strong and experienced leadership, which will drive the completion of GLE’s commercialization plan,” said Craig Roy, Silex Chair and Chair of the GLE Governing Board. “The fact that he previously led the GLE project is an added bonus. We are very pleased that he will be able to step directly into the key Chief Executive Officer role and have an immediate impact. We have witnessed first-hand his tremendous dedication and rigor to his work. He is very well-respected by the GLE team, GLE’s shareholders and within the broader nuclear industry.”

Prior to his career with GEH and GLE, Long served eight years as a submarine officer in the United States Navy. He holds a bachelor’s degree in systems engineering from the United States Naval Academy, a master’s degree in aeronautical and astronautical engineering from the Massachusetts Institute of Technology, and an MBA from the University of North Carolina Kenan-Flagler School of Business.

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.

About Global Laser Enrichment

The successful completion of the GLE restructure occurred on January 31, 2021 following the conclusion of the US government approval process. The transaction involved the joint purchase of GE-Hitachi’s (GEH) 76% interest in GLE by Silex and Cameco. Closing of the agreement resulted in Silex acquiring a 51% interest in GLE and Cameco increasing its share from 24% to 49%, with the option to attain a majority interest of 75% ownership.

The transaction included a site lease between GLE and GEH, which will enable GLE to complete the SILEX technology commercialization program at the test loop facility in Wilmington, North Carolina. This program is expected to culminate with the full-scale demonstration of the SILEX uranium enrichment technology at the Wilmington site.

The Paducah Uranium Production Project (Paducah project)

Underpinning the Paducah project is the sales agreement between GLE and the US Department of Energy (DOE), which provides GLE with access to large stockpiles of depleted uranium tails inventories owned by DOE and located in Paducah, Kentucky. Subject to successful commercialization of the SILEX technology, the Paducah project represents an ideal path to market.

This opportunity is expected to involve GLE constructing the proposed Paducah Laser Enrichment Facility (PLEF), utilizing the SILEX technology to enrich the DOE tails inventories, which have been stored in the form of depleted uranium hexafluoride. The potential for second stage processing of PLEF output, involving enrichment from natural-grade uranium to low-enriched uranium for today’s conventional nuclear reactor fleet and an additional stage for production of HALEU fuel for the next-generation advanced reactor and small modular reactor markets, are currently being assessed.

Caution Regarding Forward-Looking Information and Statements

This news release includes statements considered to be forward-looking information or forward-looking statements under Canadian and U.S. securities laws (which we refer to as forward-looking information), including: the appointment of Mr. Long becoming effective on September 1, 2021; our expectations that Mr. Long is uniquely positioned to lead the completion of GLE’s continuing development and commercialization strategy, and that he will provide strong and experienced leadership; the expectation that GLE will be able to rapidly scale, deploy and market the SILEX technology, and the extent of the opportunity for GLE; the ability of GLE and the SILEX technology to address the wide range of LEU and HALEU requirements; our beliefs regarding having positioned the company for future success, our ability to complete GLE’s commercialization plan and the culmination of the SILEX technology; GLE’s continuing access to stockpiles of depleted uranium tails owned by DOE and located in Paducah, Kentucky; and our expectations regarding GLE’s construction of the PLEF using the SILEX technology and the potential for second-stage processing of PLEF output.

This forward-looking information is based on a number of assumptions, including assumptions regarding: Mr. Long’s ability to achieve the objectives of his role; the ability of GLE to rapidly scale, deploy and market the SILEX technology; the extent to which GLE and the SILEX technology will be able to address LEU and HALEU requirements; our ability to complete GLE’s commercialization plans; continuing access to the DOE stockpiles at Paducah; the construction of the PLEF and the potential for second-stage processing of PLEF output. This information is subject to a number of risks, including: the risk that Mr. Long could be unsuccessful in meeting certain objectives for any reason; the risk that GLE may not be able to rapidly scale, deploy or market the SILEX technology successfully; the risk that GLE and the Silex technology may be unable to address LEU and HALEU requirements to the extent expected; the risk that we may be unable to complete commercialization plans successfully; the risk that GLE may not be able to continue to have access to the DOE’s uranium stores in Paducah; the risk that the PLEF may not be successfully completed and the risk that second stage processing of PLEF output may not be achievable. The forward-looking information in this news release represents our current views, and actual results may differ significantly. Forward-looking information is designed to help you understand our current views, and 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

While Peninsula Energy Limited (ASX:PEN) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 21% in the last quarter. But looking back over the last year, the returns have actually been rather pleasing! Looking at the full year, the company has easily bested an index fund by gaining 88%.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

See our latest analysis for Peninsula Energy

Because Peninsula Energy made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

Over the last twelve months, Peninsula Energy's revenue grew by 39%. That's a fairly respectable growth rate. Buyers pushed the share price 88% in response, which isn't unreasonable. If revenue stays on trend, there may be plenty more share price gains to come. But it's crucial to check profitability and cash flow before forming a view on the future.

The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

A Different Perspective

It's nice to see that Peninsula Energy shareholders have received a total shareholder return of 88% over the last year. Notably the five-year annualised TSR loss of 12% per year compares very unfavourably with the recent share price performance. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Peninsula Energy , and understanding them should be part of your investment process.

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on AU exchanges.

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

CALGARY, AB, Aug. 13, 2021 /CNW/ – Uravan Minerals Inc. (TSXV: UVN) ("Uravan" or the "Company") announces that it is proceeding with a consolidation (the "Consolidation") of its common shares ("Common Shares") based on ten (10) pre-Consolidation Common Shares for one (1) post-Consolidation Common Share. The Consolidation was approved by the shareholders of the Company at the Company's annual general and special meeting of shareholders held on May 22, 2020.

The Common Shares will commence trading on the TSX Venture Exchange (the "TSXV") on a consolidated basis at the opening of markets on August 16, 2021, under its current TSXV trading symbol, "UVN", and under the new post-Consolidation CUSIP and ISIN numbers of 91703R208 and CA91703R2081, respectively.

The Consolidation will reduce the number of outstanding Common Shares from 47,329,012 to approximately 4,732,901, subject to rounding. No fractional Common Shares will be issued pursuant to the Consolidation and any fractional shares that would have otherwise been issued will be rounded down to the next lowest whole number.

Letters of transmittal have been mailed to the registered shareholders of the Common Shares requesting that they forward their pre-Consolidation share certificates to the Company's transfer agent, Computershare Trust Company of Canada, to exchange such certificates for new share certificates representing their Common Shares on a post-Consolidation basis.

Shareholders who hold their shares through a broker or other intermediary and do not have hold actual share certificates registered in their name will not be required to complete and return a letter of transmittal. Any pre-Consolidation Common Shares owned by such shareholders will automatically be adjusted as a result of the Consolidation to reflect the applicable number of post-Consolidation Common Shares owned by them and no further action is required to be taken by such shareholders.

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.

SOURCE Uravan Minerals Inc.

Cision

View original content: http://www.newswire.ca/en/releases/archive/August2021/13/c5598.html

Distinguishing between overpriced and fairly priced stocks is the key to successful investing. But the task is not easy as the correctly priced and overvalued stocks are mingled in a very deceptive way in the marketplace. Investors who can pinpoint the overhyped toxic stocks and discard them at the right time are the ones who are poised to benefit.

Usually, toxic companies are vulnerable to external shocks. These companies are burdened with huge debts too. Also, unjustifiably high price of the toxic stocks is short-lived as their current price exceeds their inherent value. Quite naturally, these stocks are bound to result in loss for investors over time.

Higher price of the toxic stocks can be attributed to either an irrational exuberance associated with them or some serious fundamental lacuna. If you own such stocks for long, you are likely to see a big loss in your wealth.

If you can, however, precisely spot the toxic stocks, you may gain by resorting to an investing strategy called short selling. This strategy allows you to sell a stock first and then buy it when the price falls.

While short selling excels in bear markets, it typically loses money in bull markets.

So, just like figuring out stocks with growth potential, identifying toxic stocks and discarding them at the right time is the key to shield your portfolio from big losses or make profits by short selling them.

Screening Criteria

Here is a winning strategy that will help you identify overpriced toxic stocks:

Most recent Debt/Equity Ratio greater than the median industry average: High debt/equity ratio implies high leverage. High leverage indicates a huge level of repayment that the company has to make in connection with the debt amount.

P/E using 12-month forward EPS estimate greater than 50: A very high forward P/E implies that a stock is highly overvalued.

% Change in F (1) and F (2) Estimate (12 Weeks) less than 0: Negative EPS estimate revision for the current and next fiscal year during the past 12 weeks points to analysts’ pessimism.

Zacks Rank more than or equal to #3 (Hold): We have not considered Buy-rated stocks that generally outperform the market. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Here are four of the 19 stocks that made it through the screen:

TPI Composites, Inc. TPIC: Headquartered in Arizona, the firm is the manufacturer of composite wind blades for the wind energy market. It operates primarily in the United States, Mexico, China and Turkey. Over the past seven days, the Zacks Consensus Estimate for 2021 loss per share has widened by 6 cents to $1.40. The bottom-line projection indicates a year-over-year plunge of 159%. TPI Composites currently carries a Zacks Rank #5 (Strong Sell) and has a VGM Score of F.

Cameco Corporation CCJ: Saskatoon-based Cameco is one of the world's largest uranium producers. The company is a notable supplier of conversion services and one of the two CANDU fuel manufacturers in Canada. Over the past 30 days, the Zacks Consensus Estimate for 2021 has deteriorated from earnings of six cents to loss of 16 cents per share. The bottom-line projection indicates a year-over-year decline of 23%. The company currently has a Zacks Rank #5 and a VGM Score of F.

Hexcel Corporation HXL: Delaware-based Hexcel develops, manufactures and distributes lightweight, high-performance structural materials for use in the Commercial Aerospace, Space & Defense and Industrial markets. Over the past 30 days, the Zacks Consensus Estimate for 2021 earnings has narrowed by 2 cents to 22 cents per share. The consensus mark for sales and earnings for the current year implies a year-over-year decline of 10.5% and 12%, respectively. The company currently has a Zacks Rank #4 (Sell) and a VGM Score of C.

Viad Corp VVI: Arizona-based Viad is an experiential services company with operations in the United States, Canada, the United Kingdom, continental Europe and United Arab Emirates. The Zacks Consensus Estimate for sales for the current year implies a year-over-year decline of 22.5%. The bottom-line projection for 2021 is pegged at a loss of $2.24 per share. The company currently has a Zacks Rank #4 and a VGM Score of F.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

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

Cameco Corporation (CCJ) : Free Stock Analysis Report

Hexcel Corporation (HXL) : Free Stock Analysis Report

Viad Corp (VVI) : Free Stock Analysis Report

TPI Composites, Inc. (TPIC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Here are five stocks added to the Zacks Rank #5 (Strong Sell) List today:

nLIGHT, Inc. LASR designs, develops, manufactures, and sells semiconductor and fiber lasers. The Zacks Consensus Estimate for its current year earnings has been revised 2.6% downward over the last 30 days.

Twilio Inc. TWLO provides a cloud communications platform. The Zacks Consensus Estimate for its current year earnings has been revised 55.6% downward over the last 30 days.

SpringWorks Therapeutics, Inc. SWTX acquires, develops, and commercializes medicines for underserved patient populations suffering from rare diseases and cancer. The Zacks Consensus Estimate for its current year earnings has been revised 15.4% downward over the last 30 days.

Fastly, Inc. FSLY operates an edge cloud platform for processing, serving, and securing its customer's applications. The Zacks Consensus Estimate for its current year earnings has been revised 47.6% downward over the last 30 days.

View the entire Zacks Rank #5 List.

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

Energy Fuels Inc (UUUU) : Free Stock Analysis Report

Twilio Inc. (TWLO) : Free Stock Analysis Report

nLight Inc. (LASR) : Free Stock Analysis Report

Fastly, Inc. (FSLY) : Free Stock Analysis Report

SpringWorks Therapeutics Inc. (SWTX) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

WWR Enters into Incentive Package with the State of Alabama and Local Municipalities, Including a Land Lease on 70 Acres to Construct Its Commercial Graphite Processing Facility

Conference Call Scheduled for August 12, 2021, at 11:00 AM EDT

CENTENNIAL, Colo., August 12, 2021–(BUSINESS WIRE)–Westwater Resources, Inc. (NYSE American: WWR), an explorer and developer of U.S.-based mineral resources essential to green energy production, today announced an update on its first-of-its-kind graphite processing plant in Alabama and its second quarter results for the period ended June 30, 2021.

On June 22, 2021 Westwater entered into an incentive package with the State of Alabama and local municipalities to locate the site of the Company’s graphite processing facility in Coosa County, Alabama. The agreement provides certain tax credits and incentives which are estimated by the State of Alabama to be valued at $36M. Westwater has also entered into a land lease agreement for approximately 70 acres to construct its commercial graphite processing facility, with an option to purchase the land during the term of the lease.

As previously reported, Westwater has entered into an agreement with Samuel Engineering, Inc. for a Definitive Feasibility Study on the Coosa Graphite Processing Facility. The study will address location, raw material, product quality and infrastructure, and will provide cost estimates for the Coosa facility. Samuel Engineering, Inc. will also provide design and drawings. Westwater anticipates receipt of the report by the end of the third quarter.

Westwater’s graphite and vanadium exploration program began in April 2021 and is expected to continue throughout the remainder of the year. The scope of this program includes core drilling, the evaluation of extractive techniques and the expansion of general knowledge of the minerals on the property.

"The second quarter of 2021 has been extremely successful for our Company, and we reached a number of key goals required to produce our battery-grade graphite products for an energy-dependent world," said Chris Jones, CEO of Westwater. "During the quarter we continued and are nearing completion of our pilot program in various locations in Germany and the USA, and the combined effort has produced approximately 13 metric tonnes of our three battery-grade graphite products."

"We are now listed on the NYSE American and we were added to the Russell Microcap Index," Mr. Jones added. "Our Russell membership remains in place for one year and gives us automatic inclusion in the appropriate growth and value style indexes."

After a comprehensive search process, Westwater hired Chad Potter as Chief Operating Officer, who began working with the Westwater team on August 2, 2021. Mr. Potter will lead Westwater’s construction, development and future operations of its commercial graphite processing facility and mine.

"With the addition of Chad Potter to our roster, I believe we have one of the strongest management teams in the industry," Mr. Jones concluded.

FINANCIAL REVIEW

($ in 000's, Except Per Share Amounts)	Q2 2021	Q2 2020	Variance
Net Cash Used in Operations*	$(9,133)	$(6,065)	51%
Product Development Expenses	$(2,109)	$(175)	n/m
General and Administrative Expenses**	$(2,198)	$(1,659)	32%
Net Loss	$(3,480)	$(2,467)	41%
Net Loss Per Share	$(0.11)	$(0.43)	74%
Avg. Weighted Shares Outstanding	32,431,919	5,786,117	461%

* Net Cash Used in Operations is presented on a year-to-date basis.
** General and Administrative Expenses for the three months ended June 30, 2020, includes $433 thousand of expense attributable to discontinued operations.

Product Development Expenses

Product development expenditures for the second quarter 2021 were $2.1 million, an increase of $1.9 million compared to the prior-year quarter. Approximately $0.7 million of the period-over-period increase was related to Westwater’s graphite processing pilot program, with the remaining increase due primarily to product testing, other lab work and other auxiliary costs associated with the Coosa Graphite Project.

General and Administrative Expenses

General and Administrative expenses for the second quarter 2021 increased by $0.5 million compared to the prior year-quarter, due primarily to higher costs related to shareholder meetings, an increase in stock compensation and higher costs related to Westwater’s sales and marketing efforts.

Net Cash Used in Consolidated Operations

Net cash used in operating activities for the first half of 2021 was $9.1 million, an increase of $3.1 million compared to the same period in the prior year, due primarily to higher graphite product development, exploration, and general, administrative and arbitration costs in 2021.

Net Loss

Net Loss for the three months ended June 30, 2021, was $3.5 million, or $0.11 per share, as compared with a consolidated net loss of $2.5 million, or $0.43 per share, for the same 2020 period. The $1.0 million increase in Westwater’s consolidated net loss was due to an increase in product development, and exploration, general and administrative costs in 2021; offset partially by the elimination of costs from discontinued operations, and an unrealized gain related to the enCore common stock.

Cash and Working Capital

The Company’s cash balance at June 30, 2021, was approximately $119 million.

CONFERENCE CALL & WEBCAST

The Company will hold a conference call on Thursday, August 12, 2021, at 11:00am EDT.

DIAL- IN- NUMBERS

1-800-319-4610 (USA and Canada)
1-604-638-5340 (International)
Conference ID: Westwater Resources Conference call

Hosting the call will be Christopher M. Jones, President and Chief Executive Officer of Westwater Resources, who will be joined by Jeffrey L. Vigil, Vice President-Finance and Chief Financial Officer, Chad Potter, Chief Operating Officer and Dain McCoig, Vice President of Operations,

Mr. Jones will present an update on the Company’s business, as well as a special report and update on the Coosa Graphite Project. Mr. Vigil will review the financial results and financial condition of the Company. Mr. Potter and Mr. McCoig will be available for questions as part of the call.

The conference call presentation will also be available via a live webcast through the Company’s website, www.westwaterresources.net.

A replay of the call will be available on the Company’s website for a limited time and by phone:

1-855-669-9658 (USA and Canada)
1-412-317-0088 (Internationally)
Replay access code: 7387

About Westwater Resources

Westwater Resources (NYSE American: WWR) is focused on developing battery-grade graphite. The Company’s projects include the Coosa Graphite Project — the most advanced natural flake graphite project in the contiguous United States — and the associated Coosa Graphite Deposit located across 41,900 acres (~17,000 hectares) in east-central Alabama. For more information, visit www.westwaterresources.net.

Cautionary Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," "scheduled," and other similar words. All statements addressing events or developments that WWR expects or anticipates will occur in the future, including but not limited to the commencement of operations at the Company’s proposed processing plant facilities, future production of battery graphite products, future financing activities and financial resources, the benefits of the incentive package with the State of Alabama and local municipalities, the timing and content of the Definitive Feasibility Study on the Coosa Graphite Processing Facility, and activities involving the Coosa Graphite Project and the Coosa Graphite Deposit. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, (a) the Company’s ability to successfully construct and operate a processing plant capable of producing battery grade materials in quantities and on schedules consistent with the Coosa Graphite Project business plan; (b) the Company’s ability to raise additional capital in the future including the ability to utilize existing financing facilities; (c) spot price and long-term contract price of graphite and vanadium; (d) risks associated with our operations and the operations of our partners such as Dorfner Anzaplan and Samuel Engineering, including the impact of COVID-19; (e) operating conditions at the Company’s projects; (f) government regulation of the graphite industry and the vanadium industry; (g) world-wide graphite and vanadium supply and demand, including the supply and demand for energy storage batteries; (h) unanticipated geological, processing, regulatory and legal or other problems the Company may encounter in the jurisdictions where the Company operates or intends to operate, including but not limited to Alabama and Colorado; (i) the effect of inflation and supply chain disruptions on the anticipated cost to construct and commence operations at our planned processing plant; (j) any graphite or vanadium discoveries not being in high-enough concentration to make it economic to extract the minerals; (k) currently pending or new litigation or arbitration; and (l) other factors which are more fully described in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize or should any of the Company’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company’s forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210812005092/en/

Contacts

Westwater Resources
Christopher M. Jones, President & CEO
Phone: 303.531.0480
Jeff Vigil, VP Finance & CFO
Phone: 303.531.0481
Email: Info@WestwaterResources.net

Product Sales Contact:
Jay Wago, Vice President – Sales and Marketing
Phone: 303.531.0472
Email: Sales@westwaterresources.net

Investor Relations
Porter, LeVay & Rose
Michael Porter, President
Phone: 212.564.4700
Email: Westwater@plrinvest.com

VANCOUVER, BC, Aug. 11, 2021 /CNW/ – Trading resumes in:

Company: Sego Resources Inc.

TSX-Venture Symbol: SGZ

All Issues: Yes

Resumption (ET): 12:15 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions
“Cision”
Cision

View original content: http://www.newswire.ca/en/releases/archive/August2021/11/c2876.html

Centrus Energy Corp. (LEU) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $3.19 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 192.59%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced earnings of $0.33, delivering a surprise of 925%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Centrus Energy Corp.Which belongs to the Zacks Mining – Non Ferrous industry, posted revenues of $62.4 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 31.37%. This compares to year-ago revenues of $75.7 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Centrus Energy Corp. Shares have added about 8.7% since the beginning of the year versus the S&P 500's gain of 18.1%.

What's Next for Centrus Energy Corp.

While Centrus Energy Corp. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Centrus Energy Corp. Was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $57.5 million in revenues for the coming quarter and $1.53 on $223.1 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining – Non Ferrous is currently in the bottom 17% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

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GoviEx Uranium Inc.	GXU.V	+42.86%
Eagle Nickel Ltd.	ENL.AX	+41.67%
Citigold Corp. Limited	CTO.AX	+33.33%
Mount Burgess Mining NL	MTB.AX	+33.33%
Exalt Resources Limited	ERD.AX	+31.94%
Casa Minerals Inc.	CASA.V	+30.00%
Cariboo Rose Resources Ltd	CRB.V	+28.57%
Belmont Resources Inc.	BEA.V	+28.57%

Anglo Pacific Group's Distributions May Be Difficult To Sustain

Dividend Volatility

The Dividend Has Limited Growth Potential

Anglo Pacific Group's Dividend Doesn't Look Great

The method

10-year free cash flow (FCF) estimate

Important assumptions

Next Steps:

What Does The Institutional Ownership Tell Us About Deep Yellow?

Insider Ownership Of Deep Yellow

General Public Ownership

Private Company Ownership

Next Steps:

When Might Forsys Metals Run Out Of Money?

How Is Forsys Metals' Cash Burn Changing Over Time?

How Hard Would It Be For Forsys Metals To Raise More Cash For Growth?

So, Should We Worry About Forsys Metals' Cash Burn?

What Does The Institutional Ownership Tell Us About IsoEnergy?

Insider Ownership Of IsoEnergy

General Public Ownership

Public Company Ownership

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