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

Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.)

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

About Blue Sky Uranium Corp.

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

ON BEHALF OF THE BOARD

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

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

Cision

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SOURCE Blue Sky Uranium Corp.

Cision

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

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

Fission Uranium Corp. Logo (CNW Group/Fission Uranium Corp.)

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

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

Director Nominees	Votes FOR	Percentage of Votes FOR	Votes WITHHELD	Percentage of Votes WITHHELD
Ross McElroy	206,935,184	94.83%	11,276,243	5.17%
Frank Estergaard	139,474,723	63.92	78,736,704	36.08
William Marsh	140,194,632	64.25	78,016,795	35.75
Robby Chang	161,717,299	74.11	56,494,128	25.89
Darian Yip	216,745,837	99.33	1,465,590	0.67
Zhou Jun	216,860,036	99.38	1,351,391	0.62
Felix Wang	216,514,141	99.22	1,697,286	0.78

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

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

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

About Fission Uranium

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

Forward-Looking Statements

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

SOURCE Fission Uranium Corp.

Cision

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Highlights:

Pre-income tax IRR of 116% and NPV of US$120.9 million
Post-income tax IRR of 101% and NPV of US$102.6 million
6.5 million pounds of U₃O₈ production over 7 years; steady state production of 1.0 million pounds per year
Robust satellite project to Azarga Uranium's flagship Dewey Burdock ISR Uranium Project with low initial capital expenditures estimated at US$26.0 million
Direct cash operating costs estimated at US$11.52 per pound of production

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

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

Summary of Economics

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

Life of Mine Cash Flow Line Items
	Units	Total or average	US$ per pound of production
Uranium production (U₃O₈)	Lbs ‘000s	6,507	–
Base case uranium price	US$/lb	55.00	–
Uranium gross revenue	US$ ‘000s	357,885	–
Less: surface and mineral royalties	US$ ‘000s	629	0.10
Taxable revenue	US$ ‘000s	357,256	–
Less: property, ad valorem and severance tax	US$ ‘000s	22,918	3.52
Net gross sales	US$ ‘000s	334,338	–
Less: plant and wellfield operating costs Less: resin processing and transport costs	US$ ‘000s US$ ‘000s	37,957 16,571	5.83 2.55
Less: product conversion and shipping costs	US$ ‘000s US$ ‘000s	2,538 8,896	0.39 1.37
Less: land and administrative support costs	US$ ‘000s US$ ‘000s	2,538 8,896	0.39 1.37
Less: D&D and restoration costs	US$ ‘000s	8,966	1.38
Net operating cash flow	US$ ‘000s	259,410	–
Less: pre-production capital costs	US$ ‘000s	2,240	0.34
Less: plant development costs	US$ ‘000s	14,126	2.17
Less: wellfield capital development costs Less: transfer pipeline costs	US$ ‘000s US$ ‘000s	62,645 6,000	9.63 0.92
Net pre-income tax cash flow	US$ ‘000s	174,399	–
Less: income taxes	US$ ‘000s	24,842	3.82
After tax cash flow	US$ ‘000s	149,557	–

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

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

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

Uranium price scenario

NPV

IRR

US$35/lb

US$34.9m

44%

US$40/lb

US$56.4m

63%

US$45/lb	US$77.7m	81%
US$50/lb	US$98.7m	98%
US$55/lb (base case)	US$120.9m	116%
US$60/lb	US$141.5m	132%
US$65/lb	US$163.5m	150%
US$70/lb	US$185.6m	168%

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

Project Description

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

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

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

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

Qualified Person

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

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

About Azarga Uranium Corp.

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

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

For further information, please contact:

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

Disclaimer for Forward-Looking Information

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

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

SOURCE: Azarga Uranium Corp.

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

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

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

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

Fixing the number of directors at four;
The re-appointment of D&H Group LLP, Chartered Accountants as auditors of the Company;
Approval of the continuance of the Company from the province of British Columbia into the province of Ontario (the “Continuance”);
Subject to completion of the Continuance, approval of the change of the Company’s name from “International Consolidated Uranium Inc.” to “Consolidated Uranium Inc.”;
Subject to completion of the Continuance, approval of the resolution authorizing the board of directors of the Company to determine the number of directors of the Company, subject to certain parameters;
Re-approval of the Company’s Omnibus Long Term Incentive Plan; and
Approval of the previously announced option agreement with IsoEnergy Ltd.

About International Consolidated Uranium

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

What Best Very Cheap Stocks Should You Invest In?

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

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

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

15 Best Very Cheap Stocks to Buy Right Now

Photo by Yiorgos Ntrahas on Unsplash

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

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

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

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

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

Our Methodology

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

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

Best Very Cheap Stocks to Buy Right Now

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

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

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

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

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

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

14. Comstock Mining Inc. (NYSE: LODE)

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

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

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

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

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

13. Lloyds Banking Group plc (NYSE: LYG)

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

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

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

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

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

“In the first quarter of 2020, we purchased Lloyds Banking Group PLC, which is the market leader in the homogenous and consolidated U.K. market. With Lloyds, we were able to buy a well-capitalized, low-cost, high-quality bank that traded down to around half of the tangible book value. The loan book is roughly two-thirds residential mortgages with an average loan-to-value of under 45%, allowing us to sleep at night.”

12. Ayro, Inc. (NASDAQ: AYRO)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

9. Sundial Growers Inc. (NASDAQ: SNDL)

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

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

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

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

8. Ideanomics, Inc. (NASDAQ: IDEX)

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

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

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

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

7. Denison Mines Corp. (NYSE: DNN)

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

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

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

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

6. Globalstar, Inc. (NYSE: GSAT)

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

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

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

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

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

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

Energy Fuels Inc Price and Consensus

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

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

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

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Energy Fuels Inc (UUUU) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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

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

About IsoEnergy

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

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

SOURCE IsoEnergy Ltd.

Cision

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

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

What Is Insider Selling?

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

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

View our latest analysis for Anglo Pacific Group

The Last 12 Months Of Insider Transactions At Anglo Pacific Group

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

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

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

Does Anglo Pacific Group Boast High Insider Ownership?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

"Warren Stanyer"

Warren Stanyer, CEO and Chairman

FORWARD-LOOKING STATEMENTS

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

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

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

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

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

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

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

About Uranium Energy Corp.

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

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

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

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

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

	For	% For	Withheld/Abstain	%	Broker Non-Votes
Glenn Catchpole	79,571,460	85.92	13,036,534	14.08	9,101,875
Matthew O'Kane	85,375,211	92.19	7,232,783	7.81	9,101,875
Sandra MacKay	86,170,362	93.05	6,437,632	6.95	9,101,875
Joseph Havlin	83,783,211	90.47	8,824,783	9.53	9,101,875
Todd Hilditch	79,375,626	85.71	13,232,368	14.29	9,101,875
Delos Cy Jamison	83,772,491	90.46	8,835,503	9.54	9,101,875

Appointment of BDO Canada LLP as auditors of the Company for the fiscal period ending December 31, 2021 and the Directors' right to fix the remuneration to be paid to BDO Canada LLP.
Approving unallocated stock options under the Company's Stock Option Plan.
Approving the increase in the number of Azarga Uranium common shares (the "Shares") reserved for issuance pursuant to the employee share purchase plan by 3,000,000.
Issuance of 1,405,000 Shares as a bonus payment of which 1,230,000 Shares are to three insiders of the Company (approved by the majority of disinterested shareholders).

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

About Azarga Uranium Corp.

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

For more information please visit www.azargauranium.com.

For further information, please contact:

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

Disclaimer for Forward-Looking Information

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

SOURCE: Azarga Uranium Corp.

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

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

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

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

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

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

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

About Forum Energy Metals

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

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo
President & CEO

For further information contact:

NORTH AMERICA

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

UNITED KINGDOM

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

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

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

www.purepoint.ca (CNW Group/Purepoint Uranium Group Inc.)

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

Highlights

The 100%-owned Umfreville project consists of 7 claims totaling 18,273 hectares on the northeastern edge of Canada's Athabasca Basin
The Company is planning an initial hole of diamond drilling totaling 400 metres followed by a second hole of equal length if time allows
The primary target zone appears to be a splay of the Fond du Lac Fault as evidenced by coincident magnetic and gravity low responses
Regional soil samples returned high level uranium anomalies associated with the primary target zone
A Technical Report on the Umfreville project can be obtained from the Company's web site
A video tour of the Umfreville project can be viewed at https://youtu.be/Af6mNL5sQZg

Umfreville Project

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

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

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

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

About Purepoint

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

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

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

Disclosure regarding forward-looking statements

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

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SOURCE Purepoint Uranium Group Inc.

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

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

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

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

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

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

David Thomas

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

Andy Carmichael

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

Elizabeth Williamson

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

Stock Option Grant

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

About IsoEnergy

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

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

Forward-Looking Information

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

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

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

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

SOURCE IsoEnergy Ltd.

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

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

About Forum Energy Metals

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

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo
President & CEO

For further information contact:

NORTH AMERICA

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

UNITED KINGDOM

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

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

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

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

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

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

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

About Uranium Energy Corp.

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

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

About NetworkNewsWire

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For more information, please visit https://www.NetworkNewsWire.com.

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TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

VANCOUVER, BC, June 23, 2021 /CNW/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), "Blue Sky" or the "Company") is pleased to report that the Company has concluded the first tranche of the 4,500 metre drilling program at its wholly-owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina ("AGP") The drilling completed to date tested the Ivana North target area and consisted of 1,591 metres in 40 holes (see Figure 1: https://bit.ly/3vLP8Zq).

Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.)

The Ivana North target is underlain by tuffaceous fine sandstones to siltstones interpreted as middle to upper Chichinales Formation, interbedded with lacustrine/lagoonal siltstones and claystones of the Gran Bajo del Gualicho Formation. Previous surface sampling results include 1.40% U₃O₈ over 1.10 m, including 2.74% U₃O₈ over 0.5 metres (see March 13, 2012, News Release). The drilling program tested an area covering 4 kilometres by 5 kilometres on roughly 400 to 800 metre centres utilizing a hydraulic drill rig. All holes were surveyed with a calibrated radiometric probe, a technique that can be used to estimate relative uranium concentrations. Results are currently being processed by a geophysicist and as this is the first drilling completed in this area chemical analytical results are required to assess the correlation with the radiometric probe measurements. Therefore, 154 one-metre samples were collected from the drilling and have been dispatched to the laboratory for preparation and analysis. The results, once received and interpreted, will be used to identify areas with elevated uranium concentrations within the current drill grid and to continue to vector towards reduction-oxidation ("REDOX") traps with follow-up drilling.

"We are pleased to have been able to complete this initial phase drilling at Ivana North despite encountering some technical and weather challenges, which impacted overall drilling production, and operating throughout in compliance with the extra conditions and restrictions resulting from the global pandemic," stated Nikolaos Cacos, Blue Sky President & CEO. "We are looking forward to receiving analytical results from the drilling to aid in evaluating the Ivana North target and to resuming our drilling program to test additional targets. We remain confident in the expansion potential of the Amarillo Grande Project".

As detailed in the Company's February 1, 2021 News Release, the program strategy includes an initial ~1,500 metres of drilling at each of the Ivana North and Ivana Central targets, followed by 1,500 metres of follow-up detailed drilling targeting better defining the areas with the best results at both targets. The next stage of the program will focus on completing the initial drilling at Ivana Central, where 286 metres in six holes were drilled in 2020.

The Ivana North and Ivana Central targets are interpreted as being located along the same regional REDOX front as the Ivana Deposit. Each target covers a large area of approximately 4 by 7 kilometres. The goal at this phase of the drilling program is to complete fences of drill holes over the target areas to provide information at depth to assist in vectoring towards uranium mineralization "trapped" at those potential REDOX fronts. Comparable REDOX fronts in other jurisdictions commonly host multiple uranium deposits.

Exploration Drilling Program Methodology

The 2021 drilling program was executed by AVG Falcon Drilling using a Prominas^TM R3H drill rig, a multipurpose direct circulation hydraulic drilling rig on tracks. This drill was deployed to address recovery issues with the previously used reverse circulation drill rig and produces wet chip samples which were collected from sampling buckets every metre. Every hole was surveyed with a calibrated radiometric Mount Soprys^TM probe. An additional geoelectrical SP-SPR survey was run on 32 holes in order to approximate the location of geological contacts between sedimentary units. One-metre samples were collected from intervals selected for analysis by the geologist in charge. The selection of the sampling intervals for laboratory analysis was based on one or more parameters, including: radiometric anomaly detected by down-hole probe; the presence of uranium or pathfinders elements indicated by handheld XRF; observation alteration signatures and/or visible carnotite. Samples have been sent to Bureau Veritas Minerals Argentina for preparation by drying, crushing to 80% passing 10 mesh and then pulverizing a 250g split to 95% passing 150 mesh. Pulps will be sent to Bureau Veritas Commodities Canada Ltd. for analysis of 45 elements by means of Inductively Coupled Plasma Mass Spectrometry (ICP-MS) following a four-acid digestion (MA-200). Samples over 4,000 ppm uranium will be re-assayed after phosphoric acid leach by Inductively Coupled Plasma Electron Spectrometry (ICP-ES). Approximately every 10th sample a blank, duplicate, or standard sample is inserted into the sample sequence for quality assurance/quality control (QA/QC) purposes.

Qualified Persons

The design of the Company's exploration program was undertaken by the Company's geological staff under the supervision of David Terry, Ph.D., P.Geo. Dr. Terry is a Director of the Company and a Qualified Person as defined in National Instrument 43-101. The contents of this news release have been reviewed and approved by Dr. Terry.

About the Amarillo Grande Project

The Company's 100% owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina is a new uranium district controlled by Blue Sky. The Ivana deposit is the cornerstone of the Project and the first part of the district for which both a Mineral Resource Estimate and a Preliminary Economic Assessment have been completed. Mineralization at the Ivana deposit has characteristics of sandstone-type and surficial-type uranium-vanadium deposits. The sandstone-type mineralization is related to a braided fluvial system and indicates the potential for a district-size system. In the surficial-type deposits, mineralization coats loosely consolidated pebbles, and is amenable to leaching and simple upgrading.

The Project includes several other target areas over a regional trend, at or near surface. The area is flat-lying, semi-arid and accessible year-round, with nearby rail, power and port access. The Company's strategy includes delineating resources at multiple areas and advancing the entire project to prefeasibility level.

For additional details on the project and properties, please see the Company's website.

About Blue Sky Uranium Corp.

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

ON BEHALF OF THE BOARD

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

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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SOURCE Blue Sky Uranium Corp.

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TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.)

Exploration Drilling Program Methodology

Qualified Persons

About the Amarillo Grande Project

For additional details on the project and properties, please see the Company's website.

About Blue Sky Uranium Corp.

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

ON BEHALF OF THE BOARD

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

Cision

SOURCE Blue Sky Uranium Corp.

Cision

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Governor, Secretary of Commerce, local leaders join company officials in announcing incentives package, plans for first-of-its-kind plant in U.S.

MONTGOMERY, Ala. & CENTENNIAL, Colo., Jun 22, 2021–(BUSINESS WIRE)–Officials of Westwater Resources, Inc. (NYSE American: WWR) joined Alabama Gov. Kay Ivey and other state and local leaders at a press conference in Montgomery today to announce the governor’s signing of incentives agreements that will bring a first-of-its kind, advanced graphite processing plant to the state, and put Alabama at the forefront in producing an essential material in the batteries that power electric vehicles, electronics and other green energy products and equipment.

The plant will be built in the Kellyton area in Coosa County, near Alexander City, by Alabama Graphite Products, LLC, a subsidiary of Alabama Graphite Corp. ("Alabama Graphite") and its parent company, Westwater Resources, Inc. ("Westwater"). Westwater is a Colorado-based mineral resources company committed to exploring and developing materials for clean, sustainable energy production.

"This plant not only will make Alabama the U.S. leader in graphite production, the go-to place for this important resource in battery manufacturing, it also will elevate our standing even more as a major player in the fast-growing electric vehicle sector," Ivey said. "We’re home to four major auto plants, and the ability to source precious materials in state for the lithium-ion batteries used in electric and hybrid vehicles will be a big plus in attracting other manufacturing jobs to the state."

Graphite is used as the anode in lithium-ion batteries, as well as a conductivity enhancer for all types of batteries, including the common lead-acid batteries in traditional vehicles.

Gov. Ivey was joined at today’s press conference by Westwater President and CEO Chris Jones, Commerce Secretary Greg Canfield, state Sen. Clyde Chambliss, Alexander City Mayor Woody Baird, and representatives of the Coosa County Commission and the Lake Martin Area Economic Development Alliance, as well as members of the Alabama Graphite Products team.

"I want to thank Gov. Ivey, Secretary Canfield, other state leaders, and the many local officials in Alexander City and Coosa County who worked with us to make this vision come true," Jones said. "The people of Alabama have been very welcoming since day one, and their cooperation has been integral in putting together the many pieces needed for us to build this innovative plant in Alabama. We look forward to being an active member of the business community here for many years to come."

Alabama Graphite plans to make an initial investment of $80 million or more (with a second phase pushing the total to $124 million) in the graphite processing plant. Construction is expected to begin later this year, with the plant operating by the end of 2022. The plant is expected to employ at least 100 full-time, permanent workers. Those jobs will pay an estimated average hourly wage of $21.15.

The agreements signed by the governor will provide Alabama Graphite Products with jobs and tax credits under the Alabama Jobs Acts, totaling up to an estimated $29.9 million over 15 years. In addition, Alabama Industrial Development and Training ("AIDT") will provide Alabama Graphite Products up to $925,000 in job-training and employee recruitment incentives.

Local incentives to be provided by the Lake Martin Area Economic Development Alliance, the Lake Martin Area Industrial Development Authority, Coosa County and Alexander City are estimated to total more than $4.7 million, and are to include abatement of 10 years of noneducational property taxes and the use of 80 acres in the Lake Martin Regional Industrial Park at no cost. In addition, a bridge will be built to provide additional access to the industrial park.

Water and wastewater treatment will be provided by Alexander City. In support of this effort, Alabama Graphite Products has entered into a public-private partnership to upgrade Alexander City’s wastewater treatment system with a contribution of $400,000 and prepayment of $100,000 in treatment fees.

"This is a great project for Alabama for many reasons," said Commerce Secretary Canfield. "It perfectly complements our auto industry and what these automakers are doing with EVs here in Alabama. Mercedes and Hyundai have announced major expansion projects specifically for the manufacturing of electric vehicles. Plus, these are well-paying, sustainable jobs that will spur additional economic development and even more jobs in the area."

Tallapoosa County Commissioner and Lake Martin Area Economic Development Alliance Chairman T.C. Coley Jr. said projects like this reinforce the Alliance's regional approach to economic development.

"Attracting an operation like this means a great deal to the region," said Coley. "I can't praise enough the multi-jurisdictional effort led by our staff, Executive Director Chad Odom and Assistant Director Denise Walls. Their creativity, knowledge and use of local, state and federal resources made this possible. The mayor of Alexander City, the City Council, city staff and the Coosa County Commission also are to be commended for their efforts to overcome various infrastructure challenges and make investments that secure the region's economic future."

In addition to making Alabama home to one of the first large-scale producers of refined graphite in the U.S., Alabama Graphite plans to mine raw graphite in western Coosa County in part of what was known as the "Alabama Graphite Belt." Westwater Resources acquired mineral rights to approximately 42,000 graphite-deposit-rich acres in 2018 and expects to begin mining operations by 2028.

Westwater’s Jones noted that the U.S. government has declared graphite critical to the nation’s economy and national security.

"All of the graphite used and needed in the United States by the electric vehicle industry is imported," he said. "Most of it is from China, where media have reported both worker and environmental issues. Domestic production of graphite reduces our dependence on foreign sources. Even though the raw graphite we will process into battery-grade material will be imported initially, none of it will be from China. We have secured agreements from other providers."

Alabama Graphite will use a proprietary process to purify the raw graphite and refine it into battery grade purity. That process is safer and more environmentally friendly and sustainable than the hydrofluoric acid-based process commonly used in China and elsewhere, that requires more water and produces more environment-damaging byproducts.

"One of our core values is safety. We’re protective of our workers, the community and the environment," Jones said. "Whether it’s mining or processing graphite, our company is committed to doing it in an environmentally safe, sustainable manner. The biggest virtue of electric vehicles and other battery-powered products is they reduce carbon emissions and are better for the environment. Producing the key materials for those batteries, we believe, can and should be done in an environmentally responsible way as well."

Alabama Graphite’s processing plant will produce approximately 7,500 tons of battery-grade graphite a year initially, eventually expanding to 15,000 tons. The battery in an average EV needs about 175-200 pounds of graphite. Ford’s new electric F-150 truck, the Lightning, is expected to need roughly 450 pounds of graphite, Jones said.

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 cost and timing for commencement of operations at the Company’s proposed processing plant, the value of the incentives realized by the Company, future production of battery graphite products, future financing activities and financial resources, 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) any graphite or vanadium discoveries not being in high-enough concentration to make it economic to extract the minerals; (j) currently pending or new litigation or arbitration; and (k) 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.

For more information about Alabama Graphite Products, go online to www.alabamagraphiteproducts.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210622005233/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

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

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

Public Relations
Direct Communications
Eddie Lard
Phone: 205.746.3274
Email: eddie@dcwins.com

TORONTO, June 22, 2021 /PRNewswire/ – Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today provided an update on its drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The 2021 Red Willow drill program has conducted follow-up testing of the "Geneva Shear" within the Geneva Zone, a target zone where previous operators have identified uranium mineralization associated with a hydrothermally altered, graphitic shear zone that returned up to 0.22% U3O8 over 1.0 metre at a shallow depth of 130 metres.

"The Geneva Zone uranium mineralization, identified by Eldorado Resources in 1984, represents an exceptional starting point to trace a known prospective structure along strike to previously untested areas." stated Scott Frostad, VP Exploration at Purepoint. "All three 2021 Geneva drill holes successfully intersected the Geneva Shear at various depths with hole GEN21-05 returning an average of 1,420 counts per second over 7.3 metres from our downhole gamma probe."

The radioactive Geneva Shear is now determined as having a strike of 155 degrees and a dip towards the northwest at -70 degrees. The projection of the shear towards the northeast suggests that previous vertical drillholes completed by Eldorado in 1984, searching for Unconformity-Style mineralization, would not have tested this basement-hosted structure. Towards the southwest, the shear projection remains untested for 1.8 kilometres towards drill hole RAD08-09 while crossing dense swamps and known conductors. Purepoint's drill hole RAD08-09 was a highlight of the 2008 drill program within the Radon Lake area, returning 283 ppm U over 1.1 metres from sandstone just above the unconformity, and was recommended for follow-up drilling.

Geneva Zone 2021 Drill Results

The 2021 Red Willow program has completed follow-up drilling within the Osprey Zone with three holes collared SW of Eldorado Resources' 1984 hole RAD-27 that intersected 0.22% U3O8 over 1.0 metres. The RAD-27 intercept was associated with strong hydrothermal alteration and graphitic shearing at a depth of 100 metres below surface. Highly anomalous radon-in-water results, discovered by Gulf Minerals Canada in 1971, are located 1.0 kilometre east-northeast of the 2021 drilling and the source remains unknown.

The three 2021 holes that targeted the Geneva Shear averaged 245 metres in length with a total of 729 metres being completed from the same drill pad. The holes targeted the shear zone at various depths and all successfully intersected the mineralized structure. The Athabasca Sandstone in this area is typically found to be 80 metres thick and the paleoweathering of the basement rocks extends a further 50 metres below the unconformity.

The initial hole, GEN21-03, intersected the Geneva Shear within the zone of paleoweathering, and returned an average of 520 counts per second (cps) over 6.1 metres from the downhole gamma probe starting at a downhole depth of 131.8 metres. The downhole survey returned a maximum of 1,160 cps. Graphite is considered to have been originally present but since destroyed by paleoweathering. The follow-up hole, GEN21-04, intersected the shear much deeper at 278 metres and returned an average of 515 cps over 1.6 metres from the downhole survey. Since the handheld scintillometer indicates that a percentage of the radioactivity is attributed to thorium, an eU3O8 result has not been attempted.

The third hole, GEN21-05, intersected the Geneva shear just below the basement paleoweathering zone starting at a depth of 155 metres. Radioactivity was associated with Pelitic Gneiss that displayed strong hydrothermal alteration, including hematite and local silicification, and was situated near the upper contact of a graphitic/pyritic shear zone. The downhole gamma survey returned an average of 1,420 cps over 7.3 metres with a maximum count of 5,175 cps.

Assay results for the 2021 Geneva Zone drill program will be released once they have been received. Note that the true thickness of the reported intercepts is currently unknown.

Next Steps

The next exploration priority at the Geneva Zone will be to follow the radioactive shear further to the SW. The extensive swamp present in the area dictated where the drill was setup this year and further drilling will need to wait until the winter months.

The drill is currently being moved to the Umfreville project to begin its inaugural drill program. To learn more about the Umfreville Project, view the project tour video at: https://youtu.be/Af6mNL5sQZg.

Red Willow Project

The 100% owned Red Willow property is situated on the eastern edge of the Athabasca Basin in Northern Saskatchewan, Canada and consists of 17 mineral claims having a total area of 40,116 hectares. The property is located close to several uranium deposits including Orano Resources Canada Inc.'s JEB mine, approximately 10 kilometres to the southwest, and Cameco's Eagle Point mine that is approximately 10 kilometres due south.

Geophysical surveys conducted by Purepoint at Red Willow have included airborne magnetic and electromagnetic (VTEM) surveys, an airborne radiometric survey, ground gradient array IP, pole-dipole array IP, fixed-loop and moving-loop transient electromagnetics, and gravity. The detailed airborne VTEM survey provided magnetic results that are an excellent base on which to interpret structures while the EM results outlined over 70 kilometres of conductors that in most instances represent favourable graphitic lithology.

About Purepoint

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

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

Disclosure regarding forward-looking statements

Cision

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SOURCE Purepoint Uranium Group Inc.

VANCOUVER, British Columbia, June 22, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P) (the “Company”) announces that the Company has received an aggregate $1,388,430 from the exercise of share purchase warrants recently. A total of 5,437,570 warrants have been exercised since early March with the majority with a strike price of 27 cents expiring later this year. Skyharbour is fully funded for its recently expanded drill program at its flagship Moore Lake Uranium Project with a total of over CAD $9 million in cash and in shares of partner companies. Partner companies Azincourt, Orano and Valor Resources are funding the bulk of the exploration programs at the Preston, East Preston and Hook Lake (previously North Falcon Point) Projects, respectively.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects covering over 240,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U₃O₈ over 5.9 metres including 20.8% U₃O₈over 1.5 metres at a vertical depth of 265 metres. The Company has plans for upcoming drill programs at the project.

Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. Skyharbour now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. Skyharbour now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit.

The Company also owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin, which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U₃O₈at 0.03% and 5.3 million pounds of ThO₂ at 0.023%. Skyharbour has signed a Definitive Agreement with ASX-listed Valor Resources on the Hooke Lake (previously North Falcon Point) Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.

Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://skyharbourltd.com/_resources/maps/SYH-Athabasca-Map.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.

SKYHARBOUR RESOURCES LTD.

“Jordan Trimble”

Jordan Trimble
President and CEO

For further information contact myself or:
Spencer Coulter
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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 expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Presentation Times and Weblinks Released for Approximately 70 Presenting Companies

Wednesday and Thursday, June 23-24, 2021

NEW YORK, NY / ACCESSWIRE / June 22, 2021 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day Summer Virtual Small-Cap Conference taking place Wednesday and Thursday, June 23 – 24, 2021. The links can also be found at www.sidoticonference.com/events.


Presentation Schedule Click Here to Login to Conference and access meetings
Wednesday, June 23, 2021 (Day 1)
*All Times EDT
8:30-9:00	AudioCodes Ltd. (AUDC)	********	Safehold (SAFE)	Culp, Inc. (CULP)
9:15-9:45	MDC Partners (MDCA)	Charles River Associates (CRAI)	Foresight Autonomous Holdings (FRSX)	Comtech Telecommunications (CMTL)
10:00-10:30	Pyrogenesis Canada (PYR)	Osisko Gold Royalties (OR)	Forrester, Inc. (FORR)	Materion Corporation (MTRN)
10:45-11:15	Myomo, Inc. (MYO)	Intelligent Systems (INS)	Alico, Inc. (ALCO)	Columbus McKinnon (CMCO)
11:30-12:00	Tennant Company (TNC)	Johnson Outdoors (JOUT)	Deluxe Corp. (DLX)	Minerals Technologies (MTX)
12:15-12:45	********	Braemar Hotels & Resorts (BHR)	Carriage Services (CSV)	Heidrick & Struggles (HSII)
1:00-1:30	********	Black Hills Corp (BKH)	Haverty Furniture (HVT)	Eagle Bulk Shipping (EGLE)
1:45-2:15	Shoe Carnival (SCVL)	A10 Networks (ATEN)	ReneSola Ltd (SOL)	Mistras Group (MG)
2:30-3:00	Iridium Communications (IRDM)	Powell Industries (POWL)	Surgalign Spine Technologies (SRGA)	TrueBlue, Inc. (TBI)
3:15-3:45	Pure Cycle Corp. (PCYO)	Resources Connection (RGP)	Veritone, Inc. (VERI)	VolitionRx Ltd. (VNRX)
4:00-4:30	QAD, Inc. (QADA)	Barrett Business Services (BBSI)	Capstone Green Energy (CGRN)	Axos Financial, Inc. (AX)
1x1s Only – No Presentation	Beazer Homes (BZH) \|\| Heritage Insurance (HRTG) \|\| Kimball Electronics (KE)

Thursday, June 24, 2021 (Day 2)
*All Times EDT
8:30-9:00	PC Connection (CNXN)	Kelly Services (KELYA)	Genco Shipping & Trading Ltd. (GNK)	Sify Technologies (SIFY)
9:15-9:45	Quipt Home Medical (QIPT)	Haynes International (HAYN)	Quarterhill Inc. (QTRH)	SWM International (SWM)
10:00-10:30	********	Primoris Services Corp. (PRIM)	Brady Corporation (BRC)	Spark Networks (LOV)
10:45-11:15	OneSpan (OSPN)	Lakeland Industries (LAKE)	********	Hudson Global (HSON)
11:30-12:00	ServiceSource International (SREV)	Titan International (TWI)	Alamos Gold Inc. (AGI)	Hooker Furniture (HOFT)
12:15-12:45	********	DMC Global (BOOM)	Ashford, Inc. (AINC)	Insight Enterprises (NSIT)
1x1s Only – No Presentation	Beazer Homes (BZH) \|\| Kirkand's (KIRK) \|\| Heritage Insurance (HRTG) \|\| MYR Group (MYRG)

About Sidoti

For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small- and micro-cap companies and the institutions that invest their securities, with most of our coverage in the $50 million – $4 billion market cap range. Our approach affords companies and institutional clients a combination of high-quality research, a small-and micro- cap focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. We serve 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors in the small- and micro-cap space through our conferences and the hundreds of non-deal roadshows we host each year.

Contact

Sidoti Events Team
212-453-7031
conference@sidoti.com

SOURCE: Sidoti & Company, LLC

View source version on accesswire.com:
https://www.accesswire.com/652715/Sidoti-Summer-Virtual-Small-Cap-Conference

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2021) – Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has commenced drilling on Forum's 100% owned Janice Lake copper/silver project in Saskatchewan. Following a successful winter drill season of high grade copper intersections on the 2.8 kilometre long Rafuse target, RTEC will follow up drilling on the structurally controlled mineralization encountered in Hole JANL00028 grading 0.86% copper and 8.02 g/t silver over 14 metres, including 6m of 1.67% copper and 13.6 g/t silver and stratabound mineralization encountered in Hole JANL0023 grading 0.325% copper and 2.04 g/t silver over 48 metres, including 1.78% copper and 9.25 g/t silver over 3.15 metres (see news releases dated May 25 and June 9, 2021). In addition, RTEC will continue its regional exploration of the 52km extent of prospective sedimentary copper/silver mineralization on Forum's 100% owned claims (Figure 1). The limited drilling by RTEC to date has shown that multiple occurrences of shallow copper mineralization amenable to open pit mining are present and are working to find more.

RTEC has planned the following program through to September:

Estimated ten holes for a total of 2,800 metres on the Rafuse target.
A LIDAR survey over the full extent of the property to locate outcrop through the forest canopy and interpret glacial geology to aid in geochemical prospecting.
RTEC has assembled a larger team of geologists and prospectors to continue the initial mapping and prospecting undertaken in 2020. The focus will be to increase the density of mapping and prospecting in prospective areas already identified by mapping and to map/prospect in areas that were not reached in 2020.

Ken Wheatley, P.Geo., Forum's VP, Exploration and Qualified Person under National Instrument 43-101, has reviewed and approved the contents of this news release.

About Forum Energy Metals

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

ON BEHALF OF THE BOARD OF DIRECTORS

Richard J. Mazur, P.Geo.
President & CEO

Figure 1: Janice Lake Project: Areas of Exploration for Summer 2021. The area of historic drilling is the center circle. Further mapping / prospecting to be done in area of mineralized boulder. Further mapping to be completed in north part of the project.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4908/88106_2ddd6c1104d1daad_003full.jpg

For further information contact:

NORTH AMERICA

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

UNITED KINGDOM

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88106

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

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the closing on June 21, 2021 of the first tranche of a non-brokered private placement consisting of 14,801,250 non-flow-through units (the "NFT Units") and 2,690,000 flow-through units ("FT Units") of the Company for gross proceeds of $1,453,100 (the "Offering").

Finder's fees consisting of a total of $49,707 cash and 601,650 finder's warrants were paid to: Haywood Securities Inc. – $23,765 cash and 294,000 finder's warrants; Industrial Alliance Securities Inc. – $7,280 cash and 80,500 finder's warrants; PI Financial Corp. – $6,720 and 84,000 finder's warrants; Leede Jones Gable Inc. – $2,240 cash and 28,000 finder's warrants; Canaccord Genuity Corp. – $8,302 cash and 97,650 finder's warrants; Echelon Capital Markets – $1,400 cash and 17,500 finder's warrants. Finder's warrants are exercisable at the price of the NFT or FT Unit placed ($0.08 for NFT Units placed and $0.10 for FT Units placed) for one common share of the Company for a period of two years from closing.

All the securities issued in the Offering are subject to a hold period of four months plus one day from the closing date, expiring October 22, 2021. The proceeds from the sale of FT Units will be used for exploration programs on the Company's Ontario and Saskatchewan gold properties, and the proceeds from the sale of NFT Units will be used for general working capital.

The Company anticipates the closing of the second and final tranche of the private placement to occur on or about June 25, 2021.

About ALX

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

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

"Warren Stanyer"

Warren Stanyer, CEO and Chairman

FORWARD-LOOKING STATEMENTS

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88191

Energy Fuels (UUUU) closed at $6.26 in the latest trading session, marking a +0.48% move from the prior day. The stock lagged the S&P 500's daily gain of 1.4%.

Heading into today, shares of the uranium and vanadium miner and developer had gained 2.64% over the past month, outpacing the Basic Materials sector's loss of 9.84% and the S&P 500's gain of 1.07% in that time.

Wall Street will be looking for positivity from UUUU as it approaches its next earnings report date. On that day, UUUU is projected to report earnings of -$0.04 per share, which would represent year-over-year growth of 50%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.48 million, up 1269.75% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.17 per share and revenue of $18.41 million, which would represent changes of +26.09% and +1010.62%, respectively, from the prior year.

Any recent changes to analyst estimates for UUUU should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 11.86% higher. UUUU is holding a Zacks Rank of #3 (Hold) right now.

The Mining – Non Ferrous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 89, which puts it in the top 36% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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

To read this article on Zacks.com click here.

Zacks Investment Research

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.

Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors — such as sound fundamentals, positive earnings estimate revisions, etc. — that could keep the momentum in the stock going.

Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.

Centrus Energy Corp. (LEU) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors.

A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. LEU is quite a good fit in this regard, gaining 15.4% over this period.

However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 23.4% over the past four weeks ensures that the trend is still in place for the stock of this company.

Moreover, LEU is currently trading at 87.1% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.

Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises — the key factors that impact a stock's near-term price movements.

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 Rank #1 (Strong Buy) stocks here >>>>

Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.

So, the price trend in LEU may not reverse anytime soon.

In addition to LEU, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

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

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.

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Melvin Capital's recent GameStop losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let’s examine the smart money sentiment towards Ur-Energy Inc. (NYSE:URG).

Is URG stock a buy? Hedge fund interest in Ur-Energy Inc. (NYSE:URG) shares was flat at the end of last quarter. This is usually a negative indicator. Our calculations also showed that URG isn't among the 30 most popular stocks among hedge funds (click for Q1 rankings). The level and the change in hedge fund popularity aren't the only variables you need to analyze to decipher hedge funds' perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That's why at the end of this article we will examine companies such as ObsEva SA (NASDAQ:OBSV), Genprex, Inc. (NASDAQ:GNPX), and Midwest Holding Inc. (NASDAQ:MDWT) to gather more data points.

Hedge funds' reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn't keep up with the unhedged returns of the market indices. Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. Nevertheless, we were still able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by 115 percentage points since March 2017 (see the details here). We were also able to identify in advance a select group of hedge fund holdings that underperformed the market by 10 percentage points annually between 2006 and 2017. Interestingly the margin of underperformance of these stocks has been increasing in recent years. Investors who are long the market and short these stocks would have returned more than 27% annually between 2015 and 2017. We have been tracking and sharing the list of these stocks since February 2017 in our quarterly newsletter.

Michael Hintze of CQS Cayman LP

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, an activist hedge fund wants to buy this $28 biotech stock for $50. So, we recommended a long position to our monthly premium newsletter subscribers. We go through lists like the 10 best battery stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let's take a glance at the key hedge fund action encompassing Ur-Energy Inc. (NYSE:URG).

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

Heading into the second quarter of 2021, a total of 4 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 0% from the previous quarter. The graph below displays the number of hedge funds with bullish position in URG over the last 23 quarters. So, let's examine which hedge funds were among the top holders of the stock and which hedge funds were making big moves.

According to publicly available hedge fund and institutional investor holdings data compiled by Insider Monkey, Michael Hintze's CQS Cayman LP has the most valuable position in Ur-Energy Inc. (NYSE:URG), worth close to $5.8 million, amounting to 0.4% of its total 13F portfolio. On CQS Cayman LP's heels is ExodusPoint Capital, managed by Michael Gelband, which holds a $0.1 million position; the fund has less than 0.1%% of its 13F portfolio invested in the stock. Some other professional money managers with similar optimism contain Israel Englander's Millennium Management, Ken Griffin's Citadel Investment Group and Eric Sprott's Sprott Asset Management. In terms of the portfolio weights assigned to each position CQS Cayman LP allocated the biggest weight to Ur-Energy Inc. (NYSE:URG), around 0.36% of its 13F portfolio. ExodusPoint Capital is also relatively very bullish on the stock, dishing out 0.002 percent of its 13F equity portfolio to URG.

We view hedge fund activity in the stock unfavorable, but in this case there was only a single hedge fund selling its entire position: Renaissance Technologies. One hedge fund selling its entire position doesn't always imply a bearish intent. Theoretically a hedge fund may decide to sell a promising position in order to invest the proceeds in a more promising idea. However, we don't think this is the case in this case because only one of the 800+ hedge funds tracked by Insider Monkey identified as a viable investment and initiated a position in the stock (that fund was ExodusPoint Capital).

Let's also examine hedge fund activity in other stocks – not necessarily in the same industry as Ur-Energy Inc. (NYSE:URG) but similarly valued. We will take a look at ObsEva SA (NASDAQ:OBSV), Genprex, Inc. (NASDAQ:GNPX), Midwest Holding Inc. (NASDAQ:MDWT), MOGU Inc. (NYSE:MOGU), ChoiceOne Financial Services, Inc. (NASDAQ:COFS), AG Mortgage Investment Trust Inc (NYSE:MITT), and Marker Therapeutics, Inc. (NASDAQ:MRKR). This group of stocks' market caps are similar to URG's market cap.

[table] Ticker, No of HFs with positions, Total Value of HF Positions (x1000), Change in HF Position OBSV,3,1554,-1 GNPX,5,2388,4 MDWT,7,23330,-2 MOGU,3,21358,-3 COFS,1,402,-1 MITT,12,28134,1 MRKR,6,1418,1 Average,5.3,11226,-0.1 [/table]

View table here if you experience formatting issues.

As you can see these stocks had an average of 5.3 hedge funds with bullish positions and the average amount invested in these stocks was $11 million. That figure was $6 million in URG's case. AG Mortgage Investment Trust Inc (NYSE:MITT) is the most popular stock in this table. On the other hand ChoiceOne Financial Services, Inc. (NASDAQ:COFS) is the least popular one with only 1 bullish hedge fund positions. Ur-Energy Inc. (NYSE:URG) is not the least popular stock in this group but hedge fund interest is still below average. Our overall hedge fund sentiment score for URG is 48.6. Stocks with higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 17.2% in 2021 through June 11th and still beat the market by 3.3 percentage points. A small number of hedge funds were also right about betting on URG as the stock returned 50.9% since the end of the first quarter (through 6/11) and outperformed the market by an even larger margin.

Get real-time email alerts: Follow Ur-Energy Inc (NYSEMKT:URG)

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

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Effective at Market Open on June 28, 2021

CENTENNIAL, Colo., Jun 17, 2021–(BUSINESS WIRE)–Westwater Resources, Inc. (NYSE American: WWR) an energy materials company and developer of U.S. mineral resources essential for batteries for energy storage, today announced it is set to join the Russell Microcap® Index, effective at market open on June 28, 2021. The decision by Russell was first disclosed in a preliminary list of additions recently published.

Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its indexes primarily by objective, market capitalization rankings and style attributes.

"Joining the Russell Microcap® Index is an important milestone for Westwater as we receive recognition from one of the most prominent index providers followed by investment managers across our country," said Christopher Jones, President and CEO of Westwater Resources. "We are hopeful this will expand the participation of institutional investors and benefit our shareholders with improved liquidity and visibility. We believe 2021 will be an important year for Westwater, as we seek to reach our strategic objectives and create additional value for our shareholders."

About Westwater Resources

About FTSE Russell

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group.

For more information, visit www.ftserussell.com.

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 improved liquidity and visibility in the Company’s stock, participation of institutional investors, and reaching strategic objectives. 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 and tribal 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; (i) the ability of the Company to enter into and successfully close acquisitions or other material transactions,; (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/20210617005262/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

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