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Stock Market & Financial Investment News

News Breaks
July 14, 2014
09:03 EDTURZUranerz Energy nears completion of commissioning phase at Nichols Ranch
Uranerz is nearing completion of the commissioning phase of mine operations at Nichols Ranch and thus far flow rates from the production wells have outperformed initial estimates. Since the company made its first uranium-loaded resin delivery to Cameco Resources' Smith Ranch uranium processing facilities in mid-June, the head grade, or concentration of uranium in the recovery solution, is continuing to increase on the expected profile. Further deliveries of uranium-loaded resin are now being sent to Cameco for toll processing on a routine basis. Accordingly, the company expects to reach commercial production in Q3 and start making deliveries to its nuclear utilities customers.
News For URZ From The Last 14 Days
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June 18, 2015
16:18 EDTURZEnergy Fuels, Uranerz Energy shareholders approve transaction
Energy Fuels (UUUU) and Uranerz Energy Corporation (URZ) are pleased to announce that shareholders of both Energy Fuels and Uranerz approved the acquisition of Uranerz by Energy Fuels. Both Energy Fuels and Uranerz held their respective meetings of shareholders, at which time both sets of shareholders approved the Transaction. At this time, all conditions to closing have been satisfied, subject to final U.S. Nuclear Regulatory Commission consent, which is in the final stages of the agency's concurrence process. Pursuant to the Transaction, each Uranerz shareholder will receive 0.255 Energy Fuels common shares for each share of Uranerz common stock held. In addition, all outstanding options and warrants to acquire Uranerz shares of common stock will entitle the holder thereof to acquire 0.255 common shares of Energy Fuels on exercise thereof at an exercise price equal to the exercise price of such option or warrant divided by 0.255.

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