Press Releases

U3O8 Corp' archive for news, regulatory filings, media mentions, and articles.

Geophysical Test Work Proves Highly Successful on U3O8 Corp’s Laguna Salada Uranium-Vanadium Deposit

U3O8 Corp reports that geophysical test work showed that electrical tomography (“ET”) proved successful as a means of delineating channels at the base of the gravel layer in its Laguna Salada Deposit (“Deposit” or “Project”) in Argentina. Gravel-filled channels contain generally higher uranium-vanadium grades and this test work proved that ET can be used to detect the location and depth of channels beneath younger cover.

U3O8 Corp. Grants Stock Options to New Director – a Key Specialist – and Waives Fees

Toronto, Ontario – December 11, 2017 – U3O8 Corp. (TSX: UWE), (OTCQB: UWEFF) (“U3O8 Corp.” or the “Company”) is pleased to announce that it has granted stock options (“Options”) to Mr. David Marsh, who was elected to the Company’s Board of Directors (“Board”) at its Annual and Special Meeting on June 22, 2017. Mr. Marsh’s extensive and unique experience in the processing, optimization and extraction of uranium and battery commodities are skills essential to the Company achieving its priorities for advancing the Laguna Salada uranium-vanadium deposit in Argentina including:
• Proof of concept uranium and vanadium extraction from bulk samples; and
• Pilot plant test work to refine operational and capital cost estimates.

U3O8 Corp. Announces a Clear Path Forward for the Laguna Salada Uranium-Vanadium Deposit

U3O8 Corp is pleased to outline how the offer of a C$1 million line of credit by the Company’s founder and director, Dr. Keith Barron, in addition to funds recently raised by the Company, will be used to undertake proof-of-concept work on its Laguna Salada uranium-vanadium deposit in Argentina. The funds allow the Company to do specific test work that, if successful, is likely to significantly improve the economics of Laguna Salada by lowering operating and capital costs from those determined in the positive preliminary economic assessment (“PEA”) undertaken in 2014.

U3O8 Corp. Announces Closing of Private Placement & Commitment by Shareholder to Fund the Company to Achieve Key Milestones

U3O8 Corp reports that the Company raised gross proceeds of C$517,000 in a private placement that closed yesterday. Meanwhile, Dr. Keith Barron, founder, director and shareholder of U3O8 Corp., has offered to provide a C$1.0 million unsecured operating line of credit to enable U3O8 Corp. to generate proof of concept uranium and vanadium products from the Laguna Salada Deposit.

U3O8 Corp. Highlights Planned Production Profile for Vanadium from the Laguna Salada Deposit Based on a PEA

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.

U3O8 Corp.’s Consolidation Common Shares Start Trading Today; Director Exercises Out-of-the-Money Warrants

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.