Mega Uranium Ltd. (TSX:MGA) and NexGen Energy Ltd. announced a definitive agreement, allowing NexGen to acquire the majority of Mega's Canadian uranium projects in exchange for 16,406,815 common shares.
Mega Uranium Ltd. (TSX:MGA) and NexGen Energy Ltd. announced a letter of intent whereby NexGen will acquire the majority of Mega's Canadian uranium projects.
Mining Weekly reported Paladin Energy (TSX:PDN,ASX:PDN) is considering joint venture agreements as part of its ongoing strategic review.
The newly negotiated agreement between Canada and China will govern and facilitate the export of Canadian uranium to China.
Fission Energy Corp. (TSXV:FIS,OTCQX:FSSIF) reported that it has entered into a revised letter of engagement with Dundee Securities Ltd. in a bought private placement of $10 million.
Wyoming Business Report reported that Tigris Uranium Corp.(TSX:TU) announced the acquisition of five uranium projects located in the Powder River Basin of Wyoming
ESO Uranium Corp. (CVE:ESO) & Fission Energy (CVE:FIS), JV partner, announced further results from its June 2011 uranium boulder prospecting and radon soil gas survey program.
Focusing on a long term positive outlook for uranium prices, BMO Analyst, Edward Sterck believes, “in terms of potential positive catalysts the main thing needs to be reinforcement of positive sentiment from China once it announces that its safety review will allow it to continue to license new reactors."
Mining Weekly reports on the recent activities of Crosshair Exploration & Mining (AMEX:CXZ,TSE:CXX).
Marketwire reports on The Bedford Report which focuses on the uranium markets
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