highlights the production schedule from the Preliminary Economic Assessment (“PEA”) on its Laguna Salada Deposit, in which almost twice as much vanadium would be produced as uranium. “Vanadium prices have risen strongly in response to a supply shortfall that has been developing in the vanadium market,” said Richard Spencer, President & CEO of U3O8 Corp. “The trigger for the recent sharp price increase was a change in policy in China that resulted in restricted access to vanadium slag and higher local production costs, coming on the back of increasing vanadium consumption, notably from the steel and battery industries.
Toronto, Ontario – September 11th, 2017 – U3O8 Corp. (TSX: UWE), (OTCQB: UWEFF) (“U3O8 Corp.” or the “Company”) reports that its consolidated common shares will start trading at the open of the TSX and OTCQB markets on Monday September 11th, and that one of the Company’s directors has exercised out-of-the-money warrants to contribute working capital to the Corporation.
Latest Press Releases
- U3O8 Corp.’s Test Work Simplifies Proposed Uranium-Vanadium Extraction from its Laguna Salada DepositMarch 22, 2019 - 7:15 am
- U3O8 Corp. Reports a 23% Improvement in Vanadium Extraction Over the 2014 Preliminary Economic Assessment on its Laguna Salada Uranium-Vanadium DepositDecember 6, 2018 - 8:20 am
- U3O8 Corp. Announces Closing of Up-sized Non-Brokered Private Placement, Securities for Debt Transaction and Amendments to Warrant TermsOctober 22, 2018 - 9:15 am
- U3O8 Corp. Announces C$400,000 Non-Brokered Private PlacementOctober 1, 2018 - 8:00 am