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The Energy Report - Exclusive Articles Full Text https://www.theenergyreport.com/ Featuring investment coverage of fossil, renewable and alternative energies. Copyright 2011, Streetwise, Inc. Oil Explorer Launches First Cased Production Test in Namibia https://www.streetwisereports.com/article/2026/06/09/oil-explorer-launches-first-cased-production-test-in-namibia.html Source: <a href="https://www.streetwisereports.com/article/2026/06/09/oil-explorer-launches-first-cased-production-test-in-namibia.html?utm_medium=feed">Streetwise Reports 06/09/2026</a> Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE) starts production testing operations at the Kavango West 1X well. Read why one expert says the well could be a "company-maker."<a href="https://www.streetwisereports.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE)</a>, in collaboration with its partners Namcor and BW Energy Ltd., has initiated production testing operations at the Kavango West 1X well, <a href="https://www.reconafrica.com/investors/news-releases/reconafrica-has-commenced-production-testing-at-the-kavango-west-1x-discovery" target="_blank" rel="noopener">according to a June 8 release</a>. This marks a significant phase in the exploration of the region, with the production test targeting multiple hydrocarbon-bearing intervals within the Huttenburg and Elandshoek formations, the company said. "We are very excited to be conducting the first cased production test in Namibia," President and Chief Executive Officer Brian Reinsborough said. "This test is a pivotal point in unlocking the commerciality of the Damara Fold Belt and has been designed to test for hydrocarbon phase and deliverability. Our team has done a fantastic job getting operations to this stage, and now that testing has commenced, we look forward to evaluating and sharing results with everyone very soon. I want to personally thank the government of Namibia, our partners, members of the community where we operate, our investors, and our dedicated team of professionals for helping ReconAfrica get to this exciting milestone." The testing will cover a total of six optimized intervals spanning 420 meters of hydrocarbon-bearing sections, ReconAfrica said. Specifically, the Huttenburg formation will see 75 meters of net hydrocarbon pay tested within a 400-meter gross interval characterized by highly fractured carbonate reservoirs. Meanwhile, the Elandshoek formation comprises a 560-meter hydrocarbon-saturated section in similarly fractured carbonate reservoirs, with 81 meters showing hydrocarbon fluorescence and oil indications. Notably, oil sheen and bubbles have been observed at the surface in the mud pits. The production testing at KW1X is currently underway, following a successful cement bond log conducted before the end of May, which confirmed the well's readiness for testing without the need for additional cement work, the release noted. Downhole perforation is being carried out by SLB and Halliburton services, after the necessary perforation equipment was delivered to the site. Despite minor delays in permitting for the transportation of downhole testing equipment from North America, ReconAfrica anticipates sharing the production test results with stakeholders by late July. The plan includes testing three zones in the deeper Elandshoek formation and three in the shallower Huttenburg formation, with each test potentially lasting up to 10 days. Any natural gas or liquids surfaced during this phase will be flared. Should the production test prove successful, the KW1X well will be temporarily abandoned, remaining available for future production, the company said. ReconAfrica is also advancing preparations for further appraisal drilling at the Kavango discovery. This includes specific permitting applications and site preparations for the Kavango West 2A appraisal well, which the company aims to spud before the end of the third quarter of this year, pending final permitting and regulatory approvals. <h2 style="text-align: center;">2025: A Transformational Year for Co.</h2> In April, <a href="https://www.reconafrica.com/investors/news-releases/reconafrica-provides-operational-update-and-reports-2025-year-end-results" target="_blank" rel="noopener">ReconAfrica shared a series of operational updates</a> and achievements for the year 2025. "2025 was another transformational year for ReconAfrica as we progressed all aspects of our strategic goals," Reinsborough said at the time. He highlighted several key developments, including the completion of a farm-down transaction with BW Energy Ltd., entry into the shallow waters of Gabon with the signing of the Ngulu PSC, and the initiation of operations in Angola through an MOU that expands the company's presence in the Damara Fold Belt. Additionally, Reinsborough celebrated a significant discovery at the Kavango West 1X well, praising the team and partners for their efforts. Looking ahead, ReconAfrica is preparing for an appraisal well approximately 3-4 kilometers southeast of the KW1X discovery. This next step, if successful, will aid in reserve booking and inform the final investment decision. In Gabon, ReconAfrica has received all necessary raw seismic tapes to commence a 3D reprocessing project over the Loba oil discovery and an additional 400 square kilometers of key interest areas. The reinterpreted seismic data, expected to be finalized in the fourth quarter of 2026, will utilize advanced Pre-Stack Depth migration with Full Waveform Inversion technology to enhance imaging of salt-related exploration plays. This data will be instrumental in preparing a resource report and selecting a location for an appraisal well on the Loba oil field. <h2 style="text-align: center;">A 'Company-Maker Well'</h2> According to an updated note by Analyst Bill Newman for Research Capital Corp. on June 8, the same day as the news, the commencement of testing follows a successful cement bond log, which verified that no additional cement work was necessary, allowing the company to proceed directly to perforation operations on the first test interval. The testing of each interval could last up to 10 days, potentially extending the entire program to about 60 days. ReconAfrica aims to release the results of these production tests by mid-to-late July, Newman said. "We continue to view KW1X as a potential company-maker well," Newman wrote. "Successful production testing demonstrating sustained hydrocarbon flow rates and reservoir deliverability could materially de-risk not only the KW1X structure itself, but also the broader Damara Fold Belt fairway across Namibia and Angola." He continued, "We maintain our SPECULATIVE BUY recommendation and our CA$4.40 target price, equivalent to our risked valuation of the Kavango West discovery plus the risked valuation of the Loba Oil Field in Gabon." In tandem with the ongoing testing operations, the company is also progressing with appraisal planning activities. Site preparation and permitting are currently underway for the Kavango West 2A appraisal well. The company expects to begin drilling this well before the end of the third quarter of 2026, pending final approvals. <h2 style="text-align: center;">'Potentially Enormous News on the Horizon'</h2> The initiation of the well testing could lead to "potentially enormous news on the horizon," <a href="https://www.streetwisereports.com/article/2026/06/09/stock-report-eyes-silver-oil-tech-breakouts.html?utm_medium=feed" target="_blank" rel="noopener">according to Ron Struthers of Struthers Resource Stock Report in a piece for Streetwise Reports on June 9</a>. "As I commented in a previous update, oil companies operating offshore Namibia have witnessed commercial discoveries from just one pay zone and with more narrow intervals," Struthers wrote. Despite previous setbacks in exploration wells that have tempered market expectations, ReconAfrica's disciplined exploration strategy may soon pay off, Struthers said. The company is optimistic about achieving success in at least one of the six zones being tested. ReconAfrica plans to release the results of these production tests to all stakeholders by late July. "ReconAfrica has followed a disciplined exploration approach and is due for success, and just needs success on one of six zones," he said. During the testing phase, any natural gas or liquids that reach the surface will be flared. Investor interest in this project is high, with some monitoring the site via satellite for any signs of flaring, which would indicate the burning off of oil or gas — a positive sign likely to boost the company's stock value, Struthers noted. "A stock price closing above CA$1.40 would signal a potential breakout," wrote the expert, who rated the stock a Strong Buy. <h2 style="text-align: center;">Oil Prices Decline, Reserves Are Dwindling</h2> On Tuesday, oil prices experienced a decline following comments from U.S. Energy Secretary Chris Wright, who noted a significant increase in ship traffic through the Strait of Hormuz, <a href="https://www.cnbc.com/2026/06/09/oil-prices-iran-war-strait-hormuz-trump-israel-lebanon.html" target="_blank" rel="noopener">according to a report by Spencer Kimball for CNBC on June 9</a>. By early afternoon, U.S. crude oil futures had fallen by 3.9% to US$87.74 per barrel, while Brent futures, the international benchmark, dropped about 3% to US$91.40 per barrel. Wright, speaking at the Atlantic Council Global Energy Forum in an interview with CNBC's Brian Sullivan, mentioned that oil exports through Hormuz are on the rise and expected to continue increasing, although he did not provide specific figures. This drop in oil prices occurred despite recent geopolitical tensions, highlighted by President Donald Trump's accusation against Iran for shooting down a U.S. Apache helicopter patrolling the Strait of Hormuz. Fortunately, the two pilots involved were unharmed. President Trump emphasized on social media that the U.S. must respond to this attack. Further insights from JPMorgan analysts suggest that more oil might be moving through Hormuz than is publicly acknowledged. Their analysis, dated June 4, indicates that approximately 2 million barrels per day could be exiting the Persian Gulf on tankers that have turned off their transponders, as the U.S. Navy has been coordinating quietly with some ships, CNBC said. Despite a naval blockade and a significant reduction in commercial traffic, substantial volumes of crude and petroleum products are still managing to transit through the Strait, according to the analysts. [OWNERSHIP_CHART-10875] The U.S. Energy Information Administration (EIA) issued a warning on Tuesday that oil reserves in the world's major economies are dwindling to their lowest levels in over two decades, primarily due to production losses caused by the ongoing conflict involving Iran, <a href="https://qz.com/eia-global-oil-inventories-multi-decade-lows-060926" target="_blank" rel="noopener">reported Cris Tolomia for Quartz on June 9</a>. According to the EIA's monthly Short-Term Energy Outlook, by December, oil stockpiles in OECD countries are expected to fall below 2.3 billion barrels — a level not seen since the agency began tracking this data in 2003. This significant reduction is attributed to the need to compensate for approximately 11 million barrels per day of Middle Eastern output that has been cut off, accelerating the depletion of reserves at unprecedented rates, as reported by Reuters. The EIA's forecast assumes that maritime traffic through the Strait of Hormuz, a critical passage for about 20% of the world's oil shipments, will not resume to normal levels until early 2027. The agency predicts that oil prices will remain high until global oil flows stabilize and inventories are restored. Tolomia reported that the current spot-market average price for Brent crude is projected at around US$105 a barrel for June and July, notably higher than the recent futures settlement of approximately US$91.60. Despite rumors of a potential U.S.-Iran agreement to reopen the strait, no deal has been finalized. "Most oil production in the region remains shut-in, and global oil inventories have continued to fall to meet demand," the EIA noted. The agency also forecasts a decline in global oil consumption in 2026, which would mark the first annual decrease since the pandemic-driven drop in 2020. This anticipated reduction contrasts sharply with earlier projections of a modest increase in consumption by 200,000 barrels per day. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 1% of the company is owned by insiders and management, including Reinsborough, with 0.29%. About 7% is held by BW Energy Ltd. The rest is in institutional and retail. Other top shareholders include Senior Vice President of Drilling and Completions Nicholas Steinsberger with 0.17%, Director Joseph Davis with 0.06%, Senior Vice President of Exploration Christopher Sembritzky with 0.06%, and Director W. Derek Aylesworth with 0.05%. ReconAfrica's market cap is CA$442.68 million with 384.94 million shares outstanding. It trades in a 52-week range of CA$0.40 and CA$1.35. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Reconnaissance Energy Africa Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Reconnaissance Energy Africa Ltd.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31401"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31401" width="0" height="0"> ( Companies Mentioned: RECO:TSXV;RECAF:OTCQX;0XD:FSE, ) Tue, 09 Jun 2026 00:00:00 PST Stock Report Eyes Silver, Oil, Tech Breakouts https://www.streetwisereports.com/article/2026/06/09/stock-report-eyes-silver-oil-tech-breakouts.html Source: <a href="https://www.streetwisereports.com/article/2026/06/09/stock-report-eyes-silver-oil-tech-breakouts.html?utm_medium=feed">Ron Struthers 06/09/2026</a> Ron Struthers of the Struthers Resource Stock Report shares stocks he recommends as Buys, showcasing silver in Mexico, oil in Namibia, and tech upside.<h2 style="text-align: center;">Destiny Tech100 Inc. </h2> Recent Price- US$39.50 Entry Price - US$40.50 Opinion – Buy and write September US$50 calls at US$13 or better Destiny Tech100 Inc.'s (DXYZ:NYSE) Friday market sell-off gave us a nice entry level to buy Destiny. My Destiny newsletter went out around 11 am, and the stock soon started heading south to under US$40 by 11:30, and it traded around US$39.30 to US$40.30 all afternoon until a late-day rally started around 3.30 pm and closed at US$41.79. I am picking US$40.50 as the entry price. <h2 style="text-align: center;">GoGold Resources </h2> Recent Price - CA$3.41 Entry Price - CA$2.80 Opinion - Buy Today GoGold Resources Inc. (GGD:TSX; GLGDF:OTCQX) announced huge news: the Mexican Federal Environmental Department ("SEMARNAT") has granted all permits and approvals required from SEMARNAT to construct the Los Ricos South ("LRS") bulk tonnage underground mine (the "Project") located in Jalisco State, Mexico. The company's board of directors has approved a construction decision to begin construction of the Project, which is anticipated to take 24 months from commencement until first pour. "We are deeply grateful and committed to Mexico and the people of Jalisco for their partnership and trust as we advance this project, and we remain fully committed to creating long-term value for the country and its communities," said Brad Langille, President and CEO. "This achievement reflects our shared commitment to responsible resource development that prioritizes environmental stewardship and community benefit. We are excited to move forward and look forward to beginning construction while continuing to work closely with all stakeholders." What is more important is that GoGold can finance the construction with cash on hand. On May 6, GoGold had record financial results for the quarter ending March 31, 2026. Highlights for the quarter ending March 31, 2026: <ul> <li>Record operating cash flow of US$21.2 million, including Parral free cash flow of US$14.6 million;</li> <li>Cash of US$262.2 million;</li> <li>Revenue of US$30.3 million on the sale of 383,695 SEOs at an average realized price per ounce of US$79.04;</li> <li>Net income of US$16.4 million;</li> <li>Production of 394,605 SEOs, consisting of 230,680 silver ounces, 2,549 gold ounces, 84 tonnes of copper, and 93 tonnes of zinc.</li> </ul> To be clearer, in the Q1 report, Brad Langille, president and chief executive officer, said, "We ended the quarter with $262-million in cash, which, along with our cash flow from Parral, exceeds the initial capital expenditure of US$227 million for Los Ricos South based on the feasibility study." As I commented before, we don't need higher gold and silver prices to make good gains with our mining stocks. I expect the stock to still trade with the gold and silver market, but watch for a close above CA$3.75 to signal a breakout <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/20266962909_1.png" alt="" width="830" height="543" /> <h2 style="text-align: center;">Recon Africa </h2> Recent Price - CA$1.15 Entry Price - CA$0.56 Opinion – Strong Buy Potentially enormous news on the horizon as <a href="https://www.streetwisereports.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE)</a> announced that it had commenced production testing operations at Kavango West 1X ("KW1X"). Highlights of the Production Test on Kavango Discovery: <ul> <li>Total of six optimized intervals, encompassing 420 m (1,378 ft.) of hydrocarbon-bearing section to be isolated and tested across the Huttenburg and Elandshoek formations.</li> <li>Huttenburg Formation <ul> <li>75 m (246 ft.) of net hydrocarbon pay to be tested.</li> <li>400 m (1,312 ft.) gross interval of high fractured carbonate reservoir.</li> </ul> </li> </ul> Elandshoek Formation <ul> <li>560 m (1,837 ft.) of hydrocarbon saturated section in highly fractured carbonate reservoirs.</li> <li>81 m (265 ft.) of hydrocarbon fluorescence and oil shows.</li> <li>Oil sheen and oil bubbles at surface in the mud pits.</li> </ul> As I commented in a previous update, oil companies operating offshore Namibia have witnessed commercial discoveries from just one pay zone and with more narrow intervals. I believe the odds are very high for a commercial discovery, and the company is overdue for some good luck. An oil stock at this point would usually move up on speculation of a discovery, but because of past poor results on exploration wells, the market is expected to have bad results as before. However, ReconAfrica has followed a disciplined exploration approach and is due for success, and just needs success on one of six zones ReconAfrica continues to target disclosure of production test results to all stakeholders by late July. As previously stated, plans are to test six optimized zones of interest (three in the lower Elandshoek formation and three in the shallower Huttenburg formation), with each zone test lasting up to 10 days. Any flow of natural gas or liquids to surface will be flared at this testing stage. There are some investors watching this area by satellite, and any sign of a flare, burning off oil or gas, and the stock is going to jump. A close above CA$1.40 would be a sign of a breakout. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/20266962938_2.png" alt="" width="830" height="543" /> <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Reconnaissance Energy Africa Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Reconnaissance Energy Africa Ltd.</li> <li>Ron Struthers: I, or members of my immediate household or family, own securities of: Reconnaissance Energy Africa Ltd. and Go Gold. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> Struthers Resource Stock Report Disclosures All forecasts and recommendations are based on opinion. Markets change direction with consensus beliefs, which may change at any time and without notice. The author/publisher of this publication has taken every precaution to provide the most accurate information possible. The information & data were obtained from sources believed to be reliable, but because the information & data source are beyond the author's control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Because of the ever-changing nature of information & statistics the author/publisher strongly encourages the reader to communicate directly with the company and/or with their personal investment adviser to obtain up to date information. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The author/publisher may or may not have a position in the securities and/or options relating thereto, & may make purchases and/or sales of these securities relating thereto from time to time in the open market or otherwise. Neither the information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. The author/publisher of this letter is not a qualified financial adviser & is not acting as such in this publication.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31394"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31394" width="0" height="0"> ( Companies Mentioned: DXYZ:NYSE, GGD:TSX;GLGDF:OTCQX, RECO:TSXV;RECAF:OTCQX;0XD:FSE, ) Tue, 09 Jun 2026 00:00:00 PST Miner Kicks Off Largest-Ever Drill Campaign at Flagship Saskatchewan Uranium Asset https://www.streetwisereports.com/article/2026/06/08/miner-kicks-off-largest-ever-drill-campaign-at-flagship-saskatchewan-uranium-asset.html Source: <a href="https://www.streetwisereports.com/article/2026/06/08/miner-kicks-off-largest-ever-drill-campaign-at-flagship-saskatchewan-uranium-asset.html?utm_medium=feed">Streetwise Reports 06/08/2026</a> Drilling operations have kicked off at Standard Uranium Ltd.'s (STND:TSX.V; STTDF:OTC; 9SU:FRA) flagship Davidson River uranium project in Saskatchewan.Drilling operations have kicked off at Standard Uranium Ltd.'s (STND:TSX.V; STTDF:OTC; 9SU:FRA) flagship Davidson River uranium project, situated in the southwestern Athabasca uranium district of Saskatchewan, <a href="https://www.standarduranium.ca/news-releases/standard-uranium-initiates-2026-drill-program-at-the-davidson-river-uranium-project-southwest-athabasca-basin" target="_blank" rel="noopener">according to a June 2 release</a>. The field teams have reached the site and initiated drilling activities as planned. The drilling began on May 29 and is part of a helicopter-supported program set to extend over approximately 12 weeks, aiming to complete over 8,000 meters of diamond drilling across three significant conductor trends, the company said. "We are extremely excited to return to drilling our flagship project for the first time since 2022," said Standard's President and Vice President of Exploration, Sean Hillacre. "Our technical team has done an exceptional job advancing the project over the last several years, and armed with our new multiphysics data sets, we are applying a discovery-driven approach to what we believe are the strongest drill targets we have ever had at Davidson River. The combination of new data, refined geological interpretation, and a much higher-confidence targeting approach gives us tremendous enthusiasm heading into this next phase of exploration." The drill holes are strategically designed to target high-grade basement-hosted uranium mineralization within the Bronco, Thunderbird, and Warrior conductive corridors, the release noted. This approach builds on insights from previous drilling programs and incorporates data from recent exosphere multiphysics surveys. The company said it has refined its exploration strategy by enhancing its understanding of the structural architecture of basement conductors and identifying lithological variations and potential alteration signatures at depth. This comprehensive strategy utilizes a combination of real-time 3-D ambient noise tomography (ANT), horizontal-to-vertical spectral ratio (HVSR), and ground gravity surveys, integrated with existing drilling and geophysical data. The 2026 drill program at Davidson River is set to be the most extensive in the company's history, with two drill rigs employed to explore new targets along the structural corridors. The project spans 30,737 hectares across 10 contiguous mineral claims and is positioned along the western extension of structural corridors known for hosting significant uranium discoveries in the southwestern Athabasca region. In collaboration with Fleet Space Technologies, Standard Uranium conducted the region's first-ever exosphere multiphysics surveys, integrating 3-D ANT, HVSR, and ground gravity data to create detailed 3-D models that correct for cover and delineate basement velocity, density, and structural architecture across the surveyed corridors. This integration of multiphysics data with previous drill results and advanced targeting techniques has led to the identification of high-confidence drill targets. Notably, distinct density-low anomalies, which are potential indicators of hydrothermal alteration associated with uranium mineralization, have been detected across all three surveyed corridors, aligning with mapped EM conductors and basement fault extrapolations. <h2 style="text-align: center;">New Drilling Campaign at Davidson River</h2> The company said it is gearing up for its first drilling operation at the Davidson River site since 2022. With all necessary preparations in place, including confirmed targets, acquired permits, and contracts with key contractors finalized, the project is on the brink of commencement. The 2026 drilling efforts will focus on uncovering basement-hosted, high-grade uranium mineralization, Standard said. This exploration is conducted along the same regional structural trends that are known for significant uranium findings, such as NexGen Energy Ltd.'s (NXE:TSX; NXE:NYSE.MKT) Arrow deposit and Paladin Energy Ltd.'s (PDN:TSX; PDN:ASX) Triple R deposit. <a href="https://www.standarduranium.ca/news-releases/standard-uranium-increases-drill-program-size-at-flagship-davidson-river-project-and-announces-non-brokered-private-placement" target="_blank" rel="noopener">On May 27, the company announced</a> it was expanding the drilling program to significantly increase its scope during the 2026 summer drill campaign. The funds will be raised through the net proceeds of a forthcoming offering. Standard Uranium Ltd. has announced its plans to conduct a non-brokered private placement aimed at generating up to CA$4 million in gross proceeds. The offering will involve selling units of the company, priced at CA$0.10. Each unit will comprise one common share of the company and one-half of one common share purchase warrant. The funds generated from the offering will be allocated towards the exploration activities at the company's principal Davidson River Project and to bolster its working capital. <h2 style="text-align: center;">Co. Strategically Positioned in Top Uranium Region</h2> Standard Uranium, a dynamic uranium exploration entity and budding project generator, said it is strategically positioned for discovery in one of the globe's top uranium regions. The company has secured interests spanning over 88,758 hectares within the renowned Athabasca Basin in Saskatchewan, Canada. Since its inception, Standard Uranium has dedicated its efforts to pinpointing, acquiring, and exploring potential Athabasca-style uranium sites, aiming for significant discoveries and subsequent development. The company's premier project, Davidson River, is situated in the southwestern sector of the Athabasca Basin and encompasses ten mineral claims covering 30,737 hectares. This project is deemed highly promising for basement-hosted uranium deposits, thanks to its alignment with the trend of recent high-grade uranium findings. Despite its vast area and numerous targets, Davidson River has not been extensively drilled, leaving much of its potential untapped. However, recent drill results revealing broad, structurally complex, and significantly altered shear zones have bolstered confidence in the project's exploration model and hint at promising outcomes ahead. In addition to Davidson River, Standard Uranium holds over 38,417 hectares in the eastern Athabasca Basin, an area also recognized for its high potential for both unconformity-related and basement-hosted uranium deposits. This assertion is supported by historical uranium findings, newly detected geophysical anomalies, and the proximity to other high-grade uranium discoveries. Furthermore, the company's Sun Dog project in the northwestern part of the Athabasca Basin comprises nine mineral claims over 19,603 hectares, the company said. Like Davidson River, Sun Dog is highly prospective for both basement- and unconformity-hosted uranium deposits. Despite its promising location near known uranium discoveries, the project remains largely unexplored due to insufficient drilling, presenting a significant opportunity for future exploration endeavors. <h2 style="text-align: center;">Initial Drilling Campaign at Corvo Project</h2> Standard Uranium recently disclosed findings from its first-ever drilling campaign at the Corvo uranium project near Wollaston Lake in northeastern Saskatchewan, according to an updated research note by Red Cloud Analyst David A. Talbot on April 27. This initial 10-hole drill program, covering 2,457 meters, marks the first drilling at Corvo in over four decades, targeting the Manhattan, Brooklyn, and Tribeca sites. The program successfully intersected anomalous radioactivity (>300 cps) in seven out of ten holes, with a total of 23 meters of composite radioactivity recorded across all intervals, Talbot noted. While the scintillometer readings are modest and assays are still pending, these preliminary results are considered a promising start for reconnaissance drilling at this nascent project. "We view these results as a first pass success for reconnaissance drilling on the grassroots project," the analyst wrote. "The geological settings discussed, including hydrothermally altered fault zones and quartz-carbonate veining in paragneiss and pegmatite, align with the characteristics observed at nearby deposits such as the former Rabbit Lake mine and the recently discovered GMZ/Ackio zones. There are still 25 kilometers of structural corridors untested along strike, and phase 2 is being planned, providing room to build on the early results. Corvo is one of the several projects in STND'S portfolio. Its flagship Davidson River project remains the primary value driver, located in the SW of the Athabasca Basin and on trend with NexGen Energy Ltd.'s Arrow deposit and Paladin Energy Ltd.'s Triple R." Notably, drill hole CRV-26-009 at the Tribeca target emerged as a highlight of the campaign, revealing 16 separate radioactive intervals down to a depth of 182 meters, including a peak radioactivity of 1700 cps (counts per second, a measure of radioactivity). The detected radioactivity was primarily hosted in pegmatite, paragneiss, and granitoid orthogneiss units within fault zones characterized by breccias, cataclasites, and quartz-carbonate veining, Talbot said. Further bolstering the project's prospects, surface exploration conducted in the summer of 2025 at the Manhattan showing confirmed off-scale radioactivity (>65,535 cps) and produced grab samples with uranium concentrations up to 8.10% U3O8. Additionally, a comprehensive 5,185-station ground gravity survey and a 1,380 line-kilometer airborne TDEM survey completed in late 2025 played a crucial role in defining the drill targets for this initial program. From a financial perspective, the risk for Standard Uranium is mitigated through a strategic partnership with Aventis Energy Inc. (AVE:CSE; VBAMF:OTC; C0O0:FRA), which is under a three-year earn-in option agreement, according to the research note. Aventis is committed to funding CA$6 million in exploration expenses to acquire a 75% interest, while Standard Uranium retains a 25% free-carried interest through the earn-in period and maintains operational control. "We maintain our BUY rating for the stock," said the analyst, who did not give a traditional target price. "With further drilling and exploration success, STND's share price could help re-rate the stock. The Corvo results are an encouraging start for a grassroots program. Davidson River remains the primary value driver in STND's portfolio. Upcoming catalysts: 1) Corvo assay results (pending), 2) Phase 2 drill planning at Corvo, 3) Davidson River exploration (ongoing)." <h2 style="text-align: center;">The Catalyst: Triple-Digit Uranium Prices?</h2> Utilities are actively preparing for the possibility of uranium prices reaching triple digits, as reflected in their long-term fuel contracts, which are increasingly based on the expectation of higher future costs for uranium, <a href="https://www.benzinga.com/news/topics/26/06/53046678/utilities-are-already-preparing-for-triple-digit-uranium-cameco-president-says" target="_blank" rel="noopener">according to a report by John Potter for Benzinga on June 6</a>. This trend was highlighted by Cameco Corp. (CCO:TSX; CCJ:NYSE) President Grant Isaac during his appearance on the "Triangle Investor" podcast on April 6. Isaac noted that many utilities engaged in negotiating long-term uranium contracts are incorporating pricing models that anticipate uranium prices to be around US$120 per pound. These contracts typically include both price floors and ceilings to manage financial risk associated with fluctuating uranium prices. Isaac further revealed that a significant portion of the market is adjusting to these higher price expectations. "There are a number of utilities, 70% of the volumes contracted in 2025, are already pricing uranium at three-digit prices," he stated. "The midpoint is nearly US$120 uranium." This shift indicates a substantial alignment within the industry towards anticipating and planning for increased uranium costs in the near future. Isaac said about 116 million pounds of uranium were secured under long-term contracts in 2025, in a market that annually consumes about 190 million pounds. Isaac emphasized Cameco's preference for contracts that are tied to future market prices of uranium rather than fixed-price agreements set years before delivery. He stressed the importance of securing future supplies through contracts, stating, "If you want to claim our future supply, you'd better be contracting." The demand for nuclear energy has been on the rise as both governments and technology companies look for more dependable sources of carbon-free electricity to power data centers and meet industrial power requirements, Potter's piece reported. Additionally, several countries have been extending the operational lifespans of their aging nuclear reactors to meet the escalating global demand for electricity, according to a 2025 report by the International Energy Agency. This trend underscores the increasing reliance on nuclear energy and the strategic importance of uranium in the global energy landscape. <a href="https://www.weforum.org/stories/2025/12/net-positive-ai-energy-2030/" target="_blank" rel="noopener">According to a report by Maria Basso, James Mazurek, and Eric Enselme on the World Economic Forum site on December 11, 2025</a>, the rapid expansion of AI workloads is increasingly positioning electricity availability as a crucial factor for innovation and competitiveness. "Data-center electricity demand is expected to double by 2030, and recent research from Cornell warns that, without smarter siting and efficiency gains, AI data centers could strain U.S. power systems by 2030 (adding emissions equivalent to 5-10 million cars and consuming water equal to 6-10 million households annually)," the authors wrote. The World Nuclear Association has highlighted uranium as a crucial energy-linked mineral over the last six decades, <a href="https://mining.com.au/exploration-to-energy-security-junior-miners-position-for-uranium-shortfall/" target="_blank" rel="noopener">according to a May 11 report by Amy Rotman for Mining.com.au.</a> Currently, the primary uranium mining operations are located in Canada, Namibia, Kazakhstan, and Australia, with new exploration areas emerging globally. Since 2020, there has been a noticeable recovery in uranium prices, signaling a shift in global sentiment towards nuclear power. This positive shift is largely due to the recognition of nuclear energy as a vital low-carbon source that can contribute to meeting global emissions targets and enhancing energy security, the article said. [OWNERSHIP_CHART-10430] At COP28 in December 2023, a declaration was made to triple nuclear energy capacity by 2050, underscoring its essential role in achieving net-zero emissions. This initiative garnered support from over 20 countries, including major players like the U.S., Canada, France, Japan, the U.K., and others from Europe, Asia, and the Middle East. The commitment was reinforced at COP30, with participation expanding to 33 countries. The International Atomic Energy Agency (IAEA) has described the goal to triple nuclear capacity by 2050 as ambitious, projecting a potential doubling of capacity to between 561 gigawatt electric (GWe) and 992 GWe. This expansion would solidify nuclear power as a key component of the global clean energy transition. As of November 19, 2025, the world has 376.3 GWe of nuclear capacity from 416 operational reactors, Rotman reported. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 2% is owned by insiders and management, and about 7% by institutions. The rest is retail. Top shareholders include Accilent Capital Management Inc. with 6.67%, Jonathan Bey with 0.77%, Blair Jordan with 0.29%, Neil McCallum with 0.27%, and Zoya Shashkova with 0.25%. Its market cap is CA$14.99 million with 149.93 million shares outstanding. It trades in a 52-week range of CA$0.07 and CA$0.15. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Cameco Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31366"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31366" width="0" height="0"> ( Companies Mentioned: STND:TSX; STTDF:OTC; 9SU:FRA, ) Mon, 08 Jun 2026 00:00:00 PST Clean Energy Co. Secures Strategic Magnesium Resource to Meet US Demands https://www.streetwisereports.com/article/2026/06/02/clean-energy-co-secures-strategic-magnesium-resource-to-meet-us-demands.html Source: <a href="https://www.streetwisereports.com/article/2026/06/02/clean-energy-co-secures-strategic-magnesium-resource-to-meet-us-demands.html?utm_medium=feed">Streetwise Reports 06/03/2026</a> Element One Hydrogen & Critical Minerals Corp. (EONE:CSE) visits Twin Sisters olivine quarry in Washington, targeting domestic magnesium supply for technology innovation.<a href="https://www.streetwisereports.com/pub/co/11547?utm_medium=feed" target="_blank" rel="noopener">Element One Hydrogen & Critical Minerals Corp. (EONE:CSE)</a> CEO Brad Kitchen and COO Tim Johnson completed a recent site visit to the Twin Sisters olivine quarry in Whatcom County, Washington State, according to a June 1, 2026, <a href="https://www.stockwatch.com/News/Item/Z-C!EONE-3827593/C/EONE" target="_blank" rel="noopener">press release</a>. The visit came after the company's Memorandum of Understanding (MOU) with Twin Sisters Olivine Ltd to secure a long-term olivine supply and a proposed plant site in Washington to support Element One's hydrogen and critical minerals development in the U.S. Element One collected samples from both the active quarry face and existing stockpiled crushed olivine material to be used for initial process testing and metallurgical evaluation programs. Bureau Veritas laboratories will complete ICP-ES analytical testing to confirm the presence of magnesium, nickel, iron, and other trace elements. The company hopes to position itself a producer of magnesium to the United States, which has no domestic production of the mineral. The partnership with Twin Sisters will allow Element One to purchase 50,000 tonnes of olivine feedstock per year, which is expandable to 100,000 tonnes. This number is significant because olivine typically contains 25-30% magnesium, or 550-660 lbs per tonne. U.S. import prices of magnesium ranged between US$3.00 and US$3.25 in 2024, the the gross in-situ value of magnesium is US$1,640 to US$2,145. Kitchen commented: "The scale and quality of the Twin Sisters olivine operation further reinforces our belief that this project has the potential to become an important domestic source of critical mineral feedstock. The United States continues to seek secure and reliable domestic supply chains for magnesium, nickel, and other strategic materials, and Twin Sisters represents a unique industrial mineral platform with existing operational capacity." A Canadian company, Element One aims to explore, develop, and commercialize natural hydrogen as a clean energy source. <h2 style="text-align: center;">Company Approaching Crucial Markets</h2> Most people know of magnesium as a critical component to health, but its industrial uses are as lightweight structural alloys and as desulfurizing agents in steel production. In February 2026, a <a href="https://finance.yahoo.com/news/magnesium-metal-market-expected-hit-040000357.html" target="_blank" rel="noopener">Yahoo Finance</a> article claimed that the metal market was valued at US$5.6 billion in 2025 and expected to grow to US$8.67 billion by 2033. This growth is largely predicted to be driven by the automotive, aerospace, and electronics industries, in which weight-to-strength ratios are becoming increasingly important. No less important is Element One's focus on hydrogen. As a clean energy alternative, natural hydrogen could have the potential to replace or supplement oil and gas. In a conversation with Element One CEO Brad Kitchen on April 14, 2026, Kitchen told Streetwise Reports that natural hydrogen could be produced using their proprietary process for a fraction of the cost of oil and gas. When given the example of US$4.20 per gallon of gas, Kitchen asserted that the same amount of energy could potentially be produced through natural hydrogen for less than US$1. If the product can be gathered and processed on location, which Kitchen seems optimistic about, independent energy could be generated to run mines in remote places or provide rural communities with energy at a much lower cost. Due to the abundance of ultramafic rocks, which Kitchen said make up about 7% of the Earth, and the carbon friendly nature of getting natural hydrogen, Kitchen said, "There comes a point where it would make more sense to run the world on hydrogen than on oil and gas," before going on to say, "We're really the leading edge in this technology, and the big thing is it's not some brand-new discovery. It's simply creating natural hydrogen in real time." In June of 2025, reports were already coming out about the potential future of natural hydrogen. <a href="https://royalsociety.org/news/2025/06/natural-hydrogen/" target="_blank" rel="noopener">The Royal Society quoted Professor Barbara Sherwood Lollar CC, FRS, as saying</a>, "Hydrogen is already a US$135 billion industry and is a key component in critical industries such as fertilizer production. As the world searches for cleaner energy options, natural hydrogen could also offer a low-cost, low-carbon addition to our toolkit." Emerging technologies are making hydrogen a viable fuel for cars, planes, ships, and factories. Hydrogen demand around the world is projected to grow from around 90 million metric tons in 2022 to more than 500 million metric tons by 2050," <a href="https://fuelcellsworks.com/2026/02/26/education/how-natural-hydrogen-hiding-deep-in-the-earth-could-serve-as-a-new-energy-source" target="_blank" rel="noopener">said Fuel Cells Works</a>. The article went on to say, "The U.S. Geological Survey estimates there could be more than 5 trillion metric tons of geological hydrogen underground around the world. But only a small fraction of that is estimated to be recoverable, both technically and in terms of reasonable costs. However, even 2% of that total would be more than all proven natural gas reserves on the planet and enough to meet projected demand for the next 200 years, even accounting for increased consumption. In terms of price, Fuel Cells Works argued that the cost could be well worth the rewards: "Because geological processes already performed the production work, early estimates suggest that extraction costs could be one‑tenth the production costs for other traditional hydrogen generation techniques — or possibly even less than that." The scope for hydrogen uses and demands has the potential to expand into both commercial and private consumer industries. "At present, hydrogen demand is mostly from large industrial facilities like petroleum refineries and ammonia plants. Decarbonization efforts could create hydrogen demand from other large industrial buyers but also from smaller, local hydrogen-offtake ventures like vehicle fueling hubs," <a href="https://www.sciencedirect.com/science/article/abs/pii/S0360319925026655?via%3Dihub" target="_blank" rel="noopener">asserted a scientific research paper by Arnout JW. Everts, Jos Bonnie, and Ramon Loosveld for The International Journal of Hydrogen Energy</a> in June 2025. [OWNERSHIP_CHART-11547] <h2 style="text-align: center;">Three Sectors in Pursuit</h2> <a href="https://e1-h2.com/wp-content/uploads/2026/02/Element-One-Deck-January-2026-Canaccord-Presentation.pdf" target="_blank" rel="noopener">Element One's investor presentation</a> breaks down the company's next steps into three categories: targeting acquisitions, technologies, and development. The presentation lists the targeting acquisition plans as "... research into prospective areas in the continental U.S. outside of the Midcontinental hot spot, inspecting geologically modeled highly prospective areas near established oil and gas infrastructure, and assessing land acquisition and leasing costs. As for technologies, the company's announcement today encompasses its ongoing development with a major U.S. university, exploring further technology for subsurface hydrogen, and garnering funding from various U.S. and Canadian research funds. In development, Element One is continuing exploration on key projects to design drill sites and actively seeking strategic partners for exploration and development. Element One will be implementing field testing of its new technology in the very near future. <a href="https://e1-h2.com/project/union-bay-project/" target="_blank" rel="noopener">Element One's current projects</a> encompass the Foggy Mountain Project, the Star Project, and the HY Project in British Columbia, as well as the Union Bay Project in Alaska. <h2 style="text-align: center;">Ownership & Share Information1</h2> Element One Hydrogen & Critical Minerals Corp. has a market cap of CA$7.0 million, with 47 million shares outstanding. The company's 52-week range is CA$0.085-CA$0.32. Management and Insiders own 26.1% of shares, while Strategic Investors own 56.3%. The remaining 17.6% of shares are Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> Important Disclosures:<ol> <li>Element One Hydrogen & Critical Minerals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Element One Hydrogen & Critical Minerals Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Element One Hydrogen & Critical Minerals Corp.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31322"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31322" width="0" height="0"> ( Companies Mentioned: EONE:CSE, ) Wed, 03 Jun 2026 00:00:00 PST Uranium Co. Advances Largest Ever Saskatchewan Drill Campaign https://www.streetwisereports.com/article/2026/05/29/uranium-co-advances-largest-ever-saskatchewan-drill-campaign.html Source: <a href="https://www.streetwisereports.com/article/2026/05/29/uranium-co-advances-largest-ever-saskatchewan-drill-campaign.html?utm_medium=feed">Streetwise Reports 06/01/2026</a> Cosa Resources Corp. (COSA:TSXV; COSAF:OTCQB; SSKU:FSE) prepares 15-hole Saskatchewan drill campaign following high-grade uranium intersections at Murphy Lake North.On May 28, 2026, Cosa Resources Corp. (COSA:TSXV; COSAF:OTCQB; SSKU:FSE) announced summer plans for its <a href="https://www.stockwatch.com/News/Item/Z-C!COSA-3825824/C/COSA" target="_blank" rel="noopener">largest drill program</a> ever at the company's Murphy Lake North uranium project in Saskatchewan, Canada. The project is only three kilometers east of ISO Energy Ltd.'s (ISO:TSX; ISOU:NYSE) Hurricane deposit and in a known indicated resource area at Larocque Lake. In mid-June, the company will follow up on <a href="https://api.newsfilecorp.com/redirect/LqZZPSDJg7" target="_blank" rel="noopener">uranium mineralization intersected in late 2026</a>. Cosa has partnered with Denison Mines Corp. (DML:TSX; DNN:NYSE.MKT) in a joint partnership at Murphy Lake North and owns a 70% interest in the project, with Denison holding a 30% interest. <a href="https://www.stockwatch.com/News/Item/Z-C!COSA-3825824/C/COSA" target="_blank" rel="noopener">Highlights</a> of the future drill program announcement include: <ul> <li>Multiple intersections of unconformity-related uranium mineralization remain open along strike for 600 meters in both directions; drilling to focus on step-out tests of the Cyclone mineralization approximately 265 meters below surface</li> <li>Largest drill program to date at Murphy Lake North will commence in mid-June and comprise approximately 6,000 meters, 15 drill holes</li> <li>Denison is participating in funding the 2026 exploration at MLN to maintain its 30% interest</li> </ul> In the release, Cosa President and CEO, said, "Having intersected 5.0 meters averaging 0.55% U3O8 within an extensive structure and alteration zone that remains open along strike, we are eager to return to site and commence what will be the largest drill program for Cosa and the Murphy Lake North Joint Venture since the inception of the company. With Denison's support and participation in the funding of ongoing exploration, we are very excited to follow up on the uranium mineralization at Murphy Lake North." VP of Exploration, Andy Carmichael, followed up by saying, "Exploration at Cyclone has progressed from initial drilling on the trend to preparing to follow up multiple intersections of uranium mineralization with significant untested strike in both directions in less than one year. We draw great encouragement from the similarity of Cyclone's sandstone alteration patterns to those at Hurricane, and from the significant nickel and cobalt coincident with uranium mineralization similar to Key Lake, Cigar Lake, and Hurricane." Cosa Resources Corp. is a Canadian uranium exploration company focused on mining in Saskatchewan, with a portfolio of roughly 237, 000 hectares across multiple projects within the Athabasca Basin region. <h2 style="text-align: center;">Uranium Supply in Demand</h2> Uranium is growing in importance as a crucial component of the energy sector. As a critical component in nuclear energy and emerging technologies, a shortage of the element is only expected to grow. The <a href="https://www.iaea.org/newscenter/news/six-global-trends-in-nuclear-power-you-should-know" target="_blank" rel="noopener">International Atomic Energy Agency</a> projects that global nuclear capacity could double by 2050, reaching between 561 gigawatts and 992 gigawatts. This prediction has caused uranium mine policy support to strengthen. In May 2025, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/uranium-s-next-decade-from-tight-supply-to-a-broader-mining-boom" target="_blank" rel="noopener">the U.S. issued a series of executive orders</a> aimed at quadrupling domestic nuclear capacity to 400 gigawatts by 2050, from roughly 100 gigawatts today. "The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers," <a href="https://www.stockwatch.com/News/Item/U-C3653-U!UEC-20260514/U/UEC" target="_blank" rel="noopener">reported Equity Insider</a> on May 14, 2026. The report continued, "That structural import dependence — combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates — has placed domestic uranium development firmly into the national security conversation." <h2 style="text-align: center;">Experts Eager for Upcoming Results</h2> Red Cloud's David Talbot gave an exploration update on the company on March 24, 2026, calling the results "very positive." [OWNERSHIP_CHART-10883] Talbot wrote: "While assays are pending, we view these as encouraging results with a clearly visible uranium mineralization in core photos, which could very well translate into a discovery. The shallow mineralized zone and proximity to infrastructure are an added bonus. The program is led by a strong, ex-Denison and ISO team under Keith Bodnarchuk and Andy Carmichael. The target sits in one of the Athabasca Basin's most compelling corridors, anchored by the nearby Hurricane deposit — the highest-grade uranium deposit in the world, hosting 50M lbs at 35% U3O8." <a href="https://aheadoftheherd.com/cosa-resources-largest-drill-program-to-date-at-murphy-lake-north-a-joint-venture-between-cosa-and-denison-mines-richard-mills/" target="_blank" rel="noopener">Ahead of the Herd wrote about the company's unique position to find uranium</a> on May 31, 2026, arguing that, "Investors should recognize that this summer’s drill program at Murphy Lake North could discover a new uranium deposit. If Cosa achieves this, it could trigger a bidding war among multiple companies seeking additional uranium supply to support their mines and mills for years to come." But even if no deposit is found this summer, next winter's program could find assets at the Darby joint venture or further digging at Murphy Lake North. "On the bright side, it might even be possible, between these two projects, for Cosa to come up with more than one discovery," the article said. <h2 style="text-align: center;">Cosa Ready to Mobilize</h2> The company's main focus for the remainder of 2026 will be follow-up drilling to refine resources at Murphy Lake North. In the <a href="https://www.stockwatch.com/News/Item/Z-C!COSA-3825824/C/COSA" target="_blank" rel="noopener">press release</a>, the Cosa said, "Crews are preparing to mobilize, and a rapid start-up is expected as the drill and supporting equipment remains on site at MLN. The company expects to announce the commencement of drilling in mid-June, which will take approximately two months to complete, and will be followed by drilling at the company's Darby joint venture." <h2 style="text-align: center;">Ownership & Share Information1</h2> Cosa Resources Corp. has a market cap of CA$78 million, with 118.18 million shares outstanding. The company's 52-week range is CA$0.19-CA$0.82. Institutions own 2.00% of shares, while Strategic Investors own 17.76%. Management & Insiders own 9.63%, and the remaining 70.61% are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31308"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31308" width="0" height="0"> ( Companies Mentioned: COSA:TSXV;COSAF:OTCQB;SSKU:FSE, ) Mon, 01 Jun 2026 00:00:00 PST Uranium Co. Secures CA$3.4M Deal for New Mexico Property https://www.streetwisereports.com/article/2026/05/22/uranium-co-secures-ca-3-4m-deal-for-new-mexico-property.html Source: <a href="https://www.streetwisereports.com/article/2026/05/22/uranium-co-secures-ca-3-4m-deal-for-new-mexico-property.html?utm_medium=feed">Streetwise Reports 05/22/2026</a> Myriad Uranium Corp. (M:CSE; MYRUF:OTCMKTS) delivers a six-fold return on its New Mexico uranium project sale while expanding its U.S. growth strategy.On May 19, 2026, Myriad Uranium Corp. (M:CSE; MYRUF:OTCMKTS) announced <a href="https://www.stockwatch.com/News/Item/Z-C!M-3822098/C/M" target="_blank" rel="noopener">the completion of its sale of the Red Basin uranium project</a> in New Mexico. Subatomic Red Basin LLC initiated a purchase agreement with Myriad on March 17, 2026, for all mineral claims comprising the Red Basin uranium project. Subatomic paid CA$3.4 million for the property, and Myriad has retained a 10% financial interest in the project. The two companies have " formed a strategic alliance respecting exploration and development of other projects beyond Red Basin, pursuant to a strategic alliance agreement dated as of May 15, 2026." Myriad acquired the Red Basin uranium project approximately 15 months ago for CA$525,000, making over six times its investment return on the sale. Myriad's CEO, Thomas Lamb, commented: "Subatomic has new, exciting ideas, and they are backed by some of America's most intelligent capital. They understand the underpinnings of Goldman's recent forecast of a 2.3-billion-pound uranium supply deficit between 2025 and 2045, and also the U.S. political landscape, better than anyone, in my view. This investment by Subatomic is the first step in the paradigm shift our sector requires, and I believe we will see other technologists enter the fuel cycle en masse soon, including preproduction uranium projects." Lamb continued, "On a cash-on-cash basis, this transaction is highly accretive to Myriad shareholders and provides a non-dilutive CA$3.4-million boost to our treasury just as we are about to commence phase II drilling at our Copper Mountain uranium project in Wyoming. Stay tuned for further details on that. We retain a 10-per-cent free carried interest in Red Basin and have formed a strategic alliance with Subatomic, which focuses on New Mexico; however, we anticipate bringing compelling ideas to the group from all over the U.S." Subatomic CEO Timothy Chilleri commented, "We are thrilled to partner with Tom and the Myriad board using a new model oriented around partnership and American uranium production. This partnership with Myriad Uranium is a defining milestone for the company. As power generation demand soars, the world is experiencing a structural paradigm shift that will reshape economies for decades to come. Uranium is the essential feedstock powering nearly 10% of global electricity needs. As the megatrends of energy and decarbonization accelerate, nuclear power will play an increasingly larger role. We are excited to partner with Myriad to advance the project while exploring opportunities for resource growth." Myriad is a uranium mining company that also holds a 75% interest in the Copper Mountain uranium project in Wyoming, U.S., with a definitive agreement in place to acquire the remaining 25% interest via an acquisition of Rush Rare Metals. <h2 style="text-align: center;">Domestic Uranium Supply Necessary</h2> Uranium is growing in importance as a crucial component of the energy sector. As a critical component in nuclear energy and emerging technologies, a shortage of the element is only expected to grow. The <a href="https://www.iaea.org/newscenter/news/six-global-trends-in-nuclear-power-you-should-know" target="_blank" rel="noopener">International Atomic Energy Agency</a> projects that global nuclear capacity could double by 2050, reaching between 561 gigawatts and 992 gigawatts. This prediction has caused uranium mine policy support to strengthen. In May 2025, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/uranium-s-next-decade-from-tight-supply-to-a-broader-mining-boom" target="_blank" rel="noopener">the U.S. issued a series of executive orders</a> aimed at quadrupling domestic nuclear capacity to 400 gigawatts by 2050, from roughly 100 gigawatts today. "The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers," <a href="https://www.stockwatch.com/News/Item/U-C3653-U!UEC-20260514/U/UEC" target="_blank" rel="noopener">reported Equity Insider</a> on May 14, 2026. The report continued, "That structural import dependence — combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates — has placed domestic uranium development firmly into the national security conversation." <h2 style="text-align: center;">Myriad Gets Buy Ratings as Domestic Source</h2> On April 23, 2026, David Talbot of Red Cloud gave a "Buy" rating for Myriad, with a price target of CA$1.25. Talbot quoted catalysts like the merger, confirmation drilling, step-out drilling, and infill drilling as influencing the valuation. On May 21, 2026, VSA Capital analyst Oliver O'Donnell gave the company a "Speculative Buy" and did not offer a target price, writing, "The uranium price backdrop remains constructive. The term price has made steady gains through 2026, rising approximately 2.8% year-to-date to US$91.5/lb, whilst spot prices are also up approximately 3.6% YTD to US$84.5/lb. Against this backdrop, Copper Mountain's district-scale potential, domestic U.S. supply credentials, and the start of drilling provide a clear series of catalysts to demonstrate that potential." [OWNERSHIP_CHART-11614] <h2 style="text-align: center;">Merger Grows Company Significance</h2> In the <a href="https://www.stockwatch.com/News/Item/Z-C!M-3822098/C/M" target="_blank" rel="noopener">press release</a>, CEO Thomas Lamb spoke of Myriad's future, saying, "In other corporate matters, our merger with Rush Rare Metals and the acquisition of the remaining 25% of Copper Mountain remain on track, and we do not anticipate any issues closing that transaction. In parallel, we have advanced the legal and accounting work required to pursue a listing on a major U.S. stock exchange, with both NYSE and Nasdaq being options available to the company. With a strategically significant uranium asset at the center of the American energy landscape, we believe a U.S. listing will substantially expand our investor reach, bringing Myriad to a broader and deeper pool of capital that is currently unable to access our shares. I look forward to sharing further details in the near term." <h2 style="text-align: center;">Ownership & Share Information1</h2> Myriad Uranium Corp. has a market cap of CA$46.50 million, with 110.70 million shares outstanding. The company's 52-week range is CA$0.22-CA$0.70. Institutions own 2.78% of shares, while Management & Insiders own 4.05%. The remaining 93.17% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31257"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31257" width="0" height="0"> ( Companies Mentioned: M:CSE;MYRUF:OTCMKTS, ) Fri, 22 May 2026 00:00:00 PST Uranium Demand Fuels Massive Texas Expansion to Provide Domestic Supply https://www.streetwisereports.com/article/2026/05/20/uranium-demand-fuels-massive-texas-expansion-to-provide-domestic-supply.html Source: <a href="https://www.streetwisereports.com/article/2026/05/20/uranium-demand-fuels-massive-texas-expansion-to-provide-domestic-supply.html?utm_medium=feed">Streetwise Reports 05/20/2026</a> Uranium Energy Corp. (UEC:NYSE AMERICAN) accelerates domestic uranium development with debt-free growth, major cash reserves, and expanding U.S. operations.Uranium is growing in importance as a crucial component of the energy sector. As a critical component in nuclear energy and emerging technologies, a shortage of the element is only expected to grow. The <a href="https://www.iaea.org/newscenter/news/six-global-trends-in-nuclear-power-you-should-know" target="_blank" rel="noopener">International Atomic Energy Agency</a> projects that global nuclear capacity could double by 2050, reaching between 561 gigawatts and 992 gigawatts. This prediction has caused uranium mine policy support to strengthen. In May 2025, <a href="https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/uranium-s-next-decade-from-tight-supply-to-a-broader-mining-boom" target="_blank" rel="noopener">the U.S. issued a series of executive orders</a> aimed at quadrupling domestic nuclear capacity to 400 gigawatts by 2050, from roughly 100 gigawatts today. "The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers," <a href="https://www.stockwatch.com/News/Item/U-C3653-U!UEC-20260514/U/UEC" target="_blank" rel="noopener">reported Equity Insider</a> on May 14, 2026. The report continued, "That structural import dependence — combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates — has placed domestic uranium development firmly into the national security conversation." <h2 style="text-align: center;">Answering America's Call</h2> Currently, <a href="https://www.stockwatch.com/News/Item/U-C3653-U!UEC-20260514/U/UEC" target="_blank" rel="noopener">several companies are advancing America's domestic uranium mine portfolio</a>. Among them, Uranium Energy Corp. (UEC:NYSE AMERICAN) has continued to develop its U.S.-based in-situ recovery uranium production platform across Texas and Wyoming, alongside development-stage assets in the Powder River and Great Divide basins. Uranium Energy hopes to position itself as America's only vertically integrated nuclear fuel supplier that can handle material from mining to conversion. <a href="https://www.prnewswire.com/news-releases/uranium-energy-corp-receives-approval-for-expanded-production-at-christensen-ranch-and-secures-nrc-docketing-for-us-conversion-facility-302721755.html" target="_blank" rel="noopener">The company obtained a Docket Number from the U.S. Nuclear Regulatory Commission</a> to build a uranium conversion facility under its subsidiary, Uranium Refining & Conversion Corp (UR&C). <a href="https://www.prnewswire.com/news-releases/uranium-energy-corp-receives-approval-for-expanded-production-at-christensen-ranch-and-secures-nrc-docketing-for-us-conversion-facility-302721755.html" target="_blank" rel="noopener">A March 23, 2026, article from PRNewswire.com stated</a>, "The LOI outlines the company's plan to develop a state-of-the-art American uranium refining and conversion facility, building on nearly two years of pre-feasibility and planning." <a href="https://www.uraniumenergy.com/about/" target="_blank" rel="noopener">Uranium Energy Corp. considers itself America's leading, fastest-growing uranium mining company due to the resumption of production</a> at its Wyoming projects. While developing multiple assets all over the world, Uranium Energy produces via In-Situ Recovery (ISR) and has the largest S-K 1300 compliant ISR resource base in the U.S., while also holding a large asset in the Athabasca Basin in Canada. Uranium Energy is already seeing cash flow, while many of its peers are still in development. <a href="https://www.stockwatch.com/News/Item/U-z9676971-U!UEC-20260323/U/UEC" target="_blank" rel="noopener">The company currently has no debt and holds over CA$210 million in cash</a>. <h2 style="text-align: center;">Several Analysts Weigh In on Long-Term Stock</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/strong-updates-from-6-stocks-as-volatility-creates-opportunity/#ue" target="_blank" rel="noopener">Daniel Flynn and Jeff Clark of The Gold Advisor</a> gave an opinion on Uranium Energy Corp. on March 26, 2026. "We like Uranium Energy Corp as one of the strongest go-to plays on growing domestic U.S. uranium demand . . . the real upside lies in the amount of new production the company is lining up across assets in Texas and Wyoming." The company has three additional header houses currently being built at its Christensen Ranch project in Wyoming and is seeking approval to build three more. "UEC produced 45,743 pounds of uranium concentrate from Christensen Ranch in its last quarter, with just two header houses active. So, the addition of six more has the potential to multiply output," noted Flynn and Clark Flynn and Clark went on to write, "UEC is up 3% since the results. However, shares remain down 36% since the end of January — which, in our view, makes this a . . . BUY . . . UEC combines near-term production growth with longer-term strategic upside in the U.S. nuclear fuel market. That gives investors exposure to both current prices and future supply tightness." On April 8, 2026, Joe Reager, a senior research analyst at Roth, reiterated the company's "Buy" rating, with a price target of US$17.00. Reager cited Burke Hollow's beginning of production as one of the company's main catalysts that investors should look at. Finally, on May 19, 2026, Heiko F. Ihle of H.C. Wainwright & Co. also reiterated a "Buy" rating for the company, with a price target of US$26.75. Ihle wrote, "Our valuation for the firm remains based on a DCF of future operations for the company." [OWNERSHIP_CHART-402] <h2 style="text-align: center;">Major Expansions for Uranium Energy</h2> The company's <a href="https://www.uraniumenergy.com/_resources/presentations/Presentation-Fiscal-2026-Second-Quarter-Results-Mar-10-2026.pdf?v=033002" target="_blank" rel="noopener">investor presentation</a> lists US$818 million in liquid assets, its lack of debt, and its ownership of the largest uranium resource base in the U.S. as big growth catalysts in 2026. With the Burke Hollow mine ready for operation upon final approval and UR&C fully funded, Uranium Energy is planning major expansions of ISR production in both Wyoming and Texas. Its Roughrider project is undergoing a pre-feasibility study, while its Sweetwater Hub-and-Spoke project is undergoing further development. <h2 style="text-align: center;">Ownership & Share Information1</h2> Uranium Energy Corp. has a market cap of US$6.4 billion, with 490.22 million shares outstanding. The company's 52-week spread is US$3.85-US$20.34. Institutions own 79.59% of shares, while Management & Insiders own 1.77%. The remaining shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31256"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31256" width="0" height="0"> ( Companies Mentioned: UEC:NYSE AMERICAN, ) Wed, 20 May 2026 00:00:00 PST Uranium Explorer Launches Extensive Drilling Campaign in Athabasca Basin https://www.streetwisereports.com/article/2026/05/21/uranium-explorer-launches-extensive-drilling-campaign-in-athabasca-basin.html Source: <a href="https://www.streetwisereports.com/article/2026/05/21/uranium-explorer-launches-extensive-drilling-campaign-in-athabasca-basin.html?utm_medium=feed">Streetwise Reports 05/21/2026</a> Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) beings drilling operations at the RL project in the eastern Athabasca Basin of northern Saskatchewan. <a href="https://www.streetwisereports.com/pub/co/6026?utm_medium=feed" target="_blank" rel="noopener">Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE)</a> announced the initiation of its drilling operations at the RL project, located in the eastern Athabasca Basin of northern Saskatchewan, <a href="https://www.skyharbourltd.com/news-media/news/skyharbour-announces-commencement-of-drilling-at-the-rl-uranium-project-saskatchewan">according to a May 20 release</a>. This extensive 53,192-hectare project, which includes 16 claims, forms part of the larger Russell Lake Joint Ventures and is positioned next to Skyharbour's 100%-owned Moore Lake Project east of Denison’s flagship Wheeler River project. The area benefits from substantial regional infrastructure such as an exploration camp, provincial highways, and access to the provincial power grid. Skyharbour, which holds an 80% interest and serves as the operator of the project, has embarked on a comprehensive exploration program that includes a large-scale ground electromagnetic (EM) survey and plans for diamond drilling of 4,000 to 5,000 meters across 10 to 14 holes targeting several high-priority areas this year. Denison Mines Corp., the joint venture partner, holds the remaining 20% stake and has committed to funding its share of up to CA$10 million in exploration expenditures on the property. The RL property is known for its numerous promising target areas, such as Christie Lake, Blue Steel, Taylor Bay, Maverick Extension, South Russell, and Kowalchuk Lake. Recent and ongoing ground EM surveys are refining and prioritizing these targets along key structural corridors and underexplored conductors. The forthcoming phase of targeted diamond drilling aims to explore these high-potential targets, integrating historical data, recent drilling outcomes, and new geophysical interpretations to guide the exploration efforts. "We are excited to commence drilling at the RL Project, which is a sizeable property with substantial discovery potential across numerous target areas, most of which have been the subject of limited modern exploration," President and Chief Executive Officer Jordan Trimble said. "As the majority owner and operator of these claims within the broader Russell Lake JV project area, we are pleased to be working with our strategic funding partner, Denison, to expedite the discovery process with less equity dilution." Trimble continued, "This drilling at RL is part of a larger planned +15,000-meter, multi-phased drill campaign at Russell this year, bringing the total planned drilling to +30,000 meters across six projects in our portfolio. These fully-funded, ongoing drilling programs between us and our partner companies provide Skyharbour with strong rerate potential and unique multi-project optionality." <h2 style="text-align: center;">Maverick Trend EM Survey Completed</h2> Earlier in the winter of 2026, a ground EM survey was successfully completed along the regional Maverick Trend, which extends into the RL property from the adjacent Moore Project managed by Skyharbour, the release noted. This survey, covering 60 line-kilometers across four lines, targeted an airborne EM anomaly first detected in a 2013 VTEM survey. Currently, a large-scale moving loop and fixed loop EM survey is in progress over the Kowalchuk anomaly, aiming to refine the data obtained from historical airborne EM surveys. Historically, drilling in the Kowalchuk area had encountered anomalous radioactivity, but lacked the detailed ground-based geophysical data now being collected. The ongoing survey, which plans to cover 36 line-kilometers, is expected to be completed next month. The South Russell target area, located in the west-central section of the RL project adjacent to Orano's Getty-Russell project, has been identified as a key focus for the initial phase of drilling. This area, last drilled in 2008 by Hathor Exploration Ltd., has undergone extensive remodeling and reinterpretation of historical drilling and geophysical data, revealing several high-priority untested targets. An initial drilling phase here will consist of 2,500 to 3,000 meters across six to eight holes. The Skyharbour technical team, along with the drill crew, has already mobilized to the South Russell target area and begun drilling operations. Following this, the Kowalchuk area will see an additional four to six drill holes, totaling 1,500 to 2,000 meters, aimed at testing discrete conductors identified through the ongoing ground EM survey, the company said. <h2 style="text-align: center;">Non-Brokered Private Placement Helps Fund Campaign</h2> Earlier in May, Skyharbour <a href="https://www.skyharbourltd.com/news-media/news/skyharbour-closes-5-25-million-private-placement-of-flow-through-shares" target="_blank" rel="noopener">announced the completion of a non-brokered private placement to fund its 2026 exploration activities</a>. The total gross proceeds of the placement, CA$5.25 million, will enable the company to continue exploration and drilling operations at its co-flagship Russell Lake and Moore Lake uranium projects in the Athabasca Basin. This funding round attracted significant interest and was fully subscribed by several strategic institutional investors, the release noted. In this transaction, the company issued 9,052,395 flow-through (FT) shares, priced at 58 cents each. With approximately CA$13 million now in the treasury, the company is fully funded for all planned 2026 drilling activities. <h2 style="text-align: center;">Co. 'Increasingly Well Positioned'</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/4-stock-updates-as-the-market-find-its-feet-plus-our-new-gold-nuggets-section/" target="_blank" rel="noopener">In a recent update by Jeff Clark and Daniel Flynn from The Gold Advisor</a>, significant developments at Skyharbour were highlighted, particularly concerning the company's 100%-owned Moore Project. The project is strategically positioned just 15 kilometers east of Denison Mines' Wheeler River project, which has recently been approved for construction, and 39 kilometers south of Cameco Corp.'s (CCO:TSX; CCJ:NYSE) McArthur River mine and nearby Key Lake mill, the world's largest high-grade uranium operation. Skyharbour is planning an extensive drilling program at Moore, with up to 10,000 meters of multi-phase diamond drilling intended to explore the potential for the project to mirror the success of these notable neighboring sites. The initial phase of this drilling campaign is set to include 10 to 12 holes along the Maverick trend, focusing first on Nomad, a newly identified target from last year described as a broad, structurally controlled hydrothermal system. The exploration at Nomad will concentrate on priority gravity anomalies and new electromagnetic (EM) conductors identified in recent surveys. Additionally, Skyharbour is incorporating AI-assisted modeling to refine and prioritize drilling targets at the Moore Project, aiming to enhance the efficiency of the drilling operations and guide future exploratory efforts. Skyharbour has secured a renewed three-year drill permit for the Moore Project, valid through March 2029, which supports the company's long-term exploration strategy in this uranium-rich area. The ongoing exploration at Moore is seen as a significant opportunity for discovery that could greatly enhance Skyharbour's market valuation. The success of this exploration hinges on the geological results, with the potential for positive outcomes to swiftly boost market sentiment towards the company. Beyond the Moore Project, Skyharbour's prospects are bolstered by other strategic initiatives. Notably, the company finalized a transformative Strategic Agreement with Denison at the Russell Lake JV in late 2025, bringing Denison on as both a strategic and funding partner to advance the Russell project alongside Skyharbour. Furthermore, Skyharbour's extensive portfolio of 43 projects in the Athabasca region is being actively explored by various partner companies as part of Skyharbour’s Prospect Generator business. These partnerships have secured option agreements that could bring over CA$76 million in exploration expenditures, more than CA$26 million in stock issuances, and CA$16 million in cash payments to Skyharbour, contingent on these partners fulfilling their earn-in commitments. Clark and Flynn concluded, "Put it all together, and Skyharbour looks increasingly well positioned to make a meaningful discovery at a time when the uranium market is strengthening." <h2 style="text-align: center;">Analyst: Moore Maiden Resource Estimate Will Be a Catalyst</h2> Analyst Sid Rajeev of Fundamental Research Corp. noted that Skyharbour is undertaking its most ambitious annual drill campaign to date in a February 5 research update. Efforts will be concentrated at the Moore project and the newly established Russell Lake joint venture. Rajeev emphasized that a key objective for the Moore project is to produce a maiden resource estimate, which he believes will greatly increase the project's potential and act as a significant catalyst for the company. Additionally, Rajeev pointed out that Skyharbour is poised to benefit from several positive developments, including improved sentiment in the uranium market, exploration funded by partners, and extensive drilling activities at both Moore and Russell Lake. He maintained a Buy rating on Skyharbour, raising his fair value estimate from CA$1.12 to CA$1.16 per share, attributing this adjustment to the company’s expanded portfolio and strategic drilling initiatives, which are well-positioned to capitalize on potential upturns in the sector. <a href="https://www.streetwisereports.com/article/2026/01/20/drilling-at-u3o8-asset-shows-grade-footprint-upside.html?utm_medium=feed" target="_blank" rel="noopener">In a separate analysis from January 15</a>, David Talbot, managing director and head of equity research at Red Cloud, kept his target price for Skyharbour steady at CA$0.65 per share. Talbot's valuation suggests a potential 48% return, underscoring a positive outlook for the company's stock. <h2 style="text-align: center;">The Catalyst: AI Is Stretching Power Grids</h2> <a href="https://www.weforum.org/stories/2025/12/net-positive-ai-energy-2030/" target="_blank" rel="noopener">According to a report by Maria Basso, James Mazurek, and Eric Enselme on the World Economic Forum site on December 11, 2025</a>, the rapid expansion of AI workloads is increasingly positioning electricity availability as a crucial factor for innovation and competitiveness. "Data-center electricity demand is expected to double by 2030, and recent research from Cornell warns that, without smarter siting and efficiency gains, AI data centers could strain U.S. power systems by 2030 (adding emissions equivalent to 5-10 million cars and consuming water equal to 6-10 million households annually)," the authors wrote. This burgeoning demand is already causing economic ripple effects, with several U.S. states experiencing sharp increases in electricity prices. These hikes are partly due to the growth of data centers, which is also contributing to wholesale market pressures that ultimately affect household electricity bills. A similar scenario is unfolding internationally. For instance, in Ireland, data centers currently account for over 22% of the national electricity usage, a figure that is expected to rise to 30% by 2030. This surge is contributing to grid strain and escalating household electricity costs. [OWNERSHIP_CHART-6026] The World Nuclear Association has highlighted uranium as a crucial energy-linked mineral over the last six decades, <a href="https://mining.com.au/exploration-to-energy-security-junior-miners-position-for-uranium-shortfall/" target="_blank" rel="noopener">according to a May 11 report by Amy Rotman for Mining.com.au.</a> Currently, the primary uranium mining operations are located in Canada, Namibia, Kazakhstan, and Australia, with new exploration areas emerging globally. The uranium market experienced significant challenges following the 2011 Fukushima incident, which led several countries to move away from nuclear energy, resulting in a sharp decline in uranium prices and the closure of numerous mines. However, since 2020, there has been a noticeable recovery in uranium prices, signaling a shift in global sentiment towards nuclear power. This positive shift is largely due to the recognition of nuclear energy as a vital low-carbon source that can contribute to meeting global emissions targets and enhancing energy security, the article said. At COP28 in December 2023, a declaration was made to triple nuclear energy capacity by 2050, underscoring its essential role in achieving net-zero emissions. This initiative garnered support from over 20 countries, including major players like the U.S., Canada, France, Japan, the U.K., and others from Europe, Asia, and the Middle East. The commitment was reinforced at COP30, with participation expanding to 33 countries. The International Atomic Energy Agency (IAEA) has described the goal to triple nuclear capacity by 2050 as ambitious, projecting a potential doubling of capacity to between 561 gigawatt electric (GWe) and 992 GWe. This expansion would solidify nuclear power as a key component of the global clean energy transition. As of November 19, 2025, the world has 376.3 GWe of nuclear capacity from 416 operational reactors, Rotman reported. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Institutional and strategic holders account for roughly 55% of the share structure, retail approximately 40%, and management and insiders approximately 5%. President and CEO Jordan Trimble holds a 1.52% stake, and Director David Cates holds approximately 0.83%. Skyharbour has 221.1 million shares outstanding and a market capitalization of CA$99.5 million. Its 52-week trading range spans CA$0.28 to CA$0.66 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Skyharbour Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Cameco Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31248"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31248" width="0" height="0"> ( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, ) Thu, 21 May 2026 00:00:00 PST Mining Co. Begins High-Quality West Virginia Met Coal Operations https://www.streetwisereports.com/article/2026/05/28/mining-co-begins-high-quality-west-virginia-met-coal-operations.html Source: <a href="https://www.streetwisereports.com/article/2026/05/28/mining-co-begins-high-quality-west-virginia-met-coal-operations.html?utm_medium=feed">Streetwise Reports 05/28/2026</a> Clinch Resources Ltd. (CLCH:TSX) launched ahead-of-schedule coal production in West Virginia, targeting expanded output to meet rising metallurgical ("met") coal demand.<a href="https://www.streetwisereports.com/pub/co/11598?utm_medium=feed" target="_blank" rel="noopener">Clinch Resources Ltd. (CLCH:TSX)</a> announced <a href="https://clinchresources.com/clinch-resources-ltd-announces-first-coal-production-from-lanes-branch-property/" target="_blank" rel="noopener">the commencement of mining at its Lanes Branch surface coal mine</a> in southern West Virginia. The 54,000-acre ARI project has begun generating high-quality coal ahead of schedule. "The commencement of operations at Lanes Branch is a major milestone in the overall development of Clinch's mining projects and path to near-term coal production," <a href="https://www.coalage.com/departments/breaking-news/clinch-resources-begins-mining-at-lanes-branch/" target="_blank" rel="noopener">said Jon Nix, CEO of Clinch</a>. "By integrating a second equipment spread within the next 90 days, we are positioning the company to increase production capabilities and capitalize on the growing demand for high-quality coking coal." Nix said in today's release, "Reaching first production ahead of schedule at Lanes Branch validates our operational strategy and the quality of our assets. We are now focused on ramping production volumes while maintaining the operational excellence and safety standards that define our company culture." On May 26, 2026, Clinch announced <a href="https://www.stockwatch.com/News/Item/Z-C!CLCH-3824885/C/CLCH" target="_blank" rel="noopener">the delivery of its first Caterpillar HW 300 highwall miner to its Lanes Branch mine</a>, with a second unit scheduled to arrive in the next few months. Highwall mining is a highly efficient, surface-based extraction method that recovers coal from exposed seam faces without underground access, and this addition allows significant expansion of extraction in the ARI project. Nix said, "The acquisition of our first Caterpillar HW 300 highwall miner marks another meaningful step in building out our operational platform at ARI. These units allow us to efficiently access high-quality coking coal reserves across our Lanes Branch footprint that are ideally suited to highwall mining techniques. With one unit, and a second unit in the coming months, we are adding a low-capital, high-return production stream that strengthens our overall volume profile and reinforces our path toward becoming a significant low-cost central Appalachian met coal producer." Clinch is a metallurgical mining company with its corporate office located in Knoxville, Tennessee, and operations in West Virginia. Clinch is currently opening its first two mines, centered around the production of met coal. The company also has 39% ownership interest in J.J. Resources Inc., which owns nearly 24,000 acres of land in central West Virginia, including the past-producing Meadow River mid-vol met coal mine. Historical estimates show ". . . 51.12M tons M&I in-situ coal resource with 16.36M tons of P&P reserves," according to the company's investor presentation. <h2 style="text-align: center;">Coal Remains a Major Energy Driver</h2> Last year, the Trump administration added met coal to the critical minerals list, opening up grant funding for companies, like Clinch, to extract those minerals. Met coal is the shorthand term for metallurgical coal, also often known as coke, which is essential to global steel production and has no viable substitute. In a 2026 review, <a href="https://www.iea.org/reports/global-energy-review-2026/coal" target="_blank" rel="noopener">the International Energy Agency</a> said, "In the United States, strong coal use in the power sector supported a 10% rise in demand, reversing the trend of declines in recent years." While the Appalachian region of the U.S. is known for coal, China is the largest consumer of it in the world, using about 30% more per year than the entire rest of the world combined. Amid this demand, domestic sourcing is more important than ever. <blockquote class="callOut left">Ocean Wall's report called Clinch "highly compelling," saying, "A 2027 peer-group average EV/EBITDA multiple of 4.5x implies a fair value of US$2.37 per share." </blockquote> According to a March 2026 thematic research report by Nick Ward for Ocean Wall, "Global supply growth is increasingly constrained. New projects face tougher regulation, rising costs, and restricted access to capital." The report went on to say, "Coke's integral role is down to three non-substitutable functions: as a high-temperature fuel, as the structural matrix that maintains permeability in the furnace, and as the chemical reductant that strips oxygen from iron ore to produce hot metal. This 'functional indispensability' helps explain why met coal retains an essential role within the built environment despite the broader anti-coal narrative. Around 90% of met coal is consumed directly within global steel production." "Shortages are also piling up because of stricter permitting and ESG screens, structural increases in operating costs, and restricted access to capital that has penalized long-lead resource projects." Wall's report called Clinch "highly compelling," saying, "A 2027 peer-group average EV/EBITDA multiple of 4.5x implies a fair value of US$2.37 per share. Additional meaningful upside could stem from structurally advantaged margins and further significant production growth, particularly from the highly attractive Sewell seam. [OWNERSHIP_CHART-11598] <h2 style="text-align: center;">Analyst Sees Competitive Position for Company</h2> Analyst Peter Gastreich of Water Tower Research talked about the importance of met coal in a May 27, 2026, research update, saying, "The metallurgical and specialty coal segment is structurally distinct from thermal coal. Met coal is sold for its chemistry (volatile matter, ash, sulfur, fluidity, CSR) rather than its BTU content and it serves as the irreplaceable chemical feedstock for primary steelmaking through the integrated blast furnace and basic oxygen furnace (BF-BOF) route. BF-BOF accounts for ~70% of global crude steel production and has no scaled commercial substitute through 2035." With no clear replacement for met coal, Gastreich warned of an upcoming shortage that paves the way for companies like Clinch to step in. "The IEA projects operating met coal supply commitments falling to ~160 Mt by 2035 against required supply of ~365 Mt. ESG-driven capital withdrawal, multiyear permits, and major-miner divestitures have compressed new supply," he wrote. According to Gastreich's report, "Clinch's competitive position rests on quality, cost, and leadership." He wrote, "The Sewell Seam yields low-ash, low-sulfur, mid-vol coal qualifying for both blast furnace and specialty markets. The targeted ~US$90/t LOM cash cost places the assets in the lower quartile of the global cost curve. Management combines decades of Appalachian coal operating experience with deep specialty metals industry expertise." <h2 style="text-align: center;">Ownership & Share Information1</h2> Clinch Resources Ltd. has a market cap of CA$515.20 million as of May 28, 2026, with 355.45 million shares outstanding. The company's 52-week range is CA$1.10-CA$2.75. Management & Insiders own 11% of shares, and the remaining 89% of shares are held by Retail and Institutions. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Clinch Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Clinch Resources Ltd.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31245"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31245" width="0" height="0"> ( Companies Mentioned: CLCH:TSX, ) Thu, 28 May 2026 00:00:00 PST A Fully Built Lithium Plant Has Arrived in Brazil, Now the Assembly Preparations Begin https://www.streetwisereports.com/article/2026/05/20/a-fully-built-lithium-plant-has-arrived-in-brazil-now-the-assembly-preparations-begin.html Source: <a href="https://www.streetwisereports.com/article/2026/05/20/a-fully-built-lithium-plant-has-arrived-in-brazil-now-the-assembly-preparations-begin.html?utm_medium=feed">Streetwise Reports 05/20/2026</a> Atlas Lithium Corp. (ATLX:NASDAQ) hired Alfa Engenharia to assemble its Neves Project processing plant after delivering its fully paid, 100%-owned lithium facility to Brazil and expanding its project execution team.<a href="https://www.streetwisereports.com/pub/co/11040?utm_medium=feed" target="_blank" rel="noopener">Atlas Lithium Corp. (ATLX:NASDAQ)</a> announced <a href="https://www.atlas-lithium.com/news/atlas-lithium-advances-neves-project-execution-with-contract-for-lithium-processing-plant-assembly/">the engagement of Alfa Engenharia as the specialized electromechanical assembly contractor for the company's Neves Project in Brazil. </a>According to the company, Atlas Lithium's fully paid, 100%-owned lithium processing plant, manufactured in South Africa to company specifications, has already been transported to Brazil. The company stated that Alfa was selected to support assembly activities for the project and cited the firm's experience with industrial and mineral processing projects in Brazil. Atlas Lithium said Alfa was selected through a competitive procurement process based on its experience in large-scale industrial and mineral processing work, technical alignment with the Definitive Feasibility Study (DFS), and adherence to standards related to quality, safety, and scheduling. The company said Alfa has more than 35 years of experience and has worked on electromechanical assembly, metal fabrication, and refractory services for mining and steel industry projects in Brazil. Atlas Lithium added that, as with previously announced execution partners, the contract with Alfa was finalized at or below the budget projections outlined in the DFS. The company stated that the work awarded to Alfa includes complete assembly of the Neves Project processing plant, from crushing systems through final product processing and dispatch. The agreement also covers the installation of mechanical, electrical, instrumentation, and automation systems needed for plant operations. "The engagement of Alfa Engenharia builds directly on the momentum established last month with the contracting of Promon Engenharia, TSX Engineering, Cerne Construções, and RETC Infraestrutura," <a href="https://www.atlas-lithium.com/news/atlas-lithium-advances-neves-project-execution-with-contract-for-lithium-processing-plant-assembly/" target="_blank" rel="noopener">Eduardo Queiroz, PMO and Vice President of Engineering at Atlas Lithium, said in a company news release. </a>He added, "With each of these awards, we continue to assemble a team of top-tier technical partners whose execution capabilities and professionalism support the on-schedule and on-budget delivery of the Neves Project." The company also referenced figures contained in its Definitive Feasibility Study, which stated that the Neves Project was expected to produce approximately 146,000 tonnes of lithium concentrate annually with an estimated operating cost of US$489 per tonne at the mine gate. Atlas Lithium stated that the Neves Project is 100%-owned. Information in the company's April 2026 corporate presentation stated that the processing plant had already been delivered to Brazil and was ready for assembly at the permitted site. <h2 style="text-align: center;" data-start="0" data-end="64">Lithium Market Saw Pricing Recovery and Expanding Battery Demand</h2> <a href="https://www.reuters.com/business/autos-transportation/compass-minerals-eyes-return-lithium-market-with-energyx-partnership-2026-05-18/" target="_blank" rel="noopener">According to a May 18 Reuters report by Ernest Scheyder, lithium pricing activity showed signs of strengthening across the sector.</a> Reuters wrote that "lithium prices have gained 75% so far this year," as rising battery metal prices coincided with efforts to increase domestic mineral production. The report stated that renewed activity in lithium projects came "as prices for the battery metal rise alongside the broader drive to boost U.S. output." Reuters also noted that concerns over lithium availability remained part of broader industry discussions, writing, "Amid concerns about Western shortages of lithium," companies continued pursuing new extraction technologies and supply approaches. <a href="https://www.globenewswire.com/news-release/2026/05/18/3296463/28124/en/fast-charging-lithium-ion-battery-market-report-with-growth-forecasts-to-2032-demand-for-reduced-charging-times-and-improved-energy-efficiency-driving-the-market-at-13-5-cagr.html" target="_blank" rel="noopener">Research and Markets stated on May 18 that growth across battery applications continued supporting demand trends in lithium-related technologies. </a>The report projected that the global fast-charging lithium-ion battery market would increase from US$61.97 billion in 2026 to US$132.67 billion by 2032 at a compound annual growth rate of 13.5%. According to the report, the market expansion was "driven by the demand for reduced charging times and improved energy efficiency." The report also stated that industries increasingly adopted advanced battery technologies for rapid charging and operational performance. Research and Markets wrote that "rising requirements for high power throughput solutions, enhanced user convenience, and minimal downtime" had supported market adoption, while "significant investments in battery innovation, charging infrastructure, and energy storage systems" continued across the sector. It added that battery systems had become "indispensable elements of next-generation electrification and high-efficiency energy solutions." <a href="https://miningmagazine.com.au/minres-restart-points-to-lithium-market-shift/" target="_blank" rel="noopener">According to a May 20 report by Ethan Benedicto, operational activity across the lithium market also reflected changes in pricing conditions</a>. Benedicto wrote that "improved spodumene pricing is beginning to translate into operational decisions across the lithium sector." The report stated that a restart decision had been supported by a "significant and sustained" recovery in lithium prices following prior production suspensions. The report also linked pricing changes to broader market conditions, noting that improving lithium economics were occurring alongside operational and production activity. Benedicto wrote that assets with established infrastructure and operational capabilities were being revisited "as lithium prices recover," reflecting changing conditions within the hard-rock lithium market. <div class="" data-turn-id-container="4767b20a-bc10-4c41-bda9-ccedbe1db23c" data-is-intersecting="true"> </div> <div class="" data-turn-id-container="request-WEB:1691061c-4ba3-43c4-be22-f6fce2503521-6" data-is-intersecting="true"> <section class="text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&:has([data-writing-block])>*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:1691061c-4ba3-43c4-be22-f6fce2503521-6" data-turn-id-container="request-WEB:1691061c-4ba3-43c4-be22-f6fce2503521-6" data-testid="conversation-turn-10" data-scroll-anchor="false" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="011434b1-f863-4bf5-b9de-3250409ae258" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="72">Development Progress and Cost Profile Highlighted in Wainwright Coverage</h2> <a href="https://www.streetwisereports.com/article/2026/03/17/lithium-co-s-low-cost-profile-and-mitsui-offtake-agreement-drive-m-a-interest.html?utm_medium=feed" target="_blank" rel="noopener">According to a March 17 report from H.C. Wainwright analyst Heiko F. Ihle, CFA, the firm reiterated a Buy rating on Atlas Lithium while raising its price target to US$12.50 from US$12.00.</a> The report stated that the revised target reflected "ongoing de-risking of the Das Neves Project and the company's favorable cost profile as key drivers." Ihle wrote that 2026 represented "a pivotal year" with management focused on advancing Phase 1 production activities. In the March 17 report, Ihle stated that management expected to transition "from procurement activities to active plant assembly in the coming quarters," while also advancing expansion permitting efforts. Wainwright also discussed project economics and operating assumptions. Ihle described Atlas Lithium as "a compelling merger and acquisition target," citing its status as "a potentially lowest-quartile cost producer" with projected operating expenditures of US$489 per tonne. The report stated that the asset benefited from "near-surface mineralization and optimized dry-stacking processing at a favorable location in Brazil's 'Lithium Valley.'" The report indicated that the valuation was based on a discounted cash flow model and stated that it produced "a total current value of US$350.8 million, or US$12.66 per share," which was rounded to the US$12.50 price target. It also noted that "commodity price risk, technical risk associated with resource definition, and construction cost risk at Das Neves" remained among the primary risks identified by the analyst. Wainwright disclosed a Buy rating and a US$12.50 price target. </div> </div> </div> </div> </div> </div> </section> </div> <h2 style="text-align: center;" data-section-id="1a938g" data-start="2619" data-end="2668">Project Execution Milestones Continue at Neves</h2> <a href="https://www.atlas-lithium.com/wp-content/uploads/2026/04/Atlas-Lithium-Brief-Corporate-Overview-April-2026.pdf" target="_blank" rel="noopener">Atlas Lithium stated that its technical team continued finalizing the selection of remaining operational partners as work on the Neves Project </a>moved toward implementation and the company's stated goal of lithium concentrate production. [OWNERSHIP_CHART-11040] Additional project details outlined in Atlas Lithium's April 2026 corporate presentation described several parallel workstreams for the Neves Project. The company stated that the processing plant had already arrived in Brazil and was prepared for assembly at the permitted site. The presentation also outlined development activities, including engineering and early works, procurement, construction, earthworks and civil works, electromechanical assembly, auxiliary structures, pre-stripping, commissioning, and commercial production phases, as part of the project timeline. Atlas Lithium further stated that key permits and authorizations had been granted for the Neves Project, including installation licensing, mining concession approvals, water use rights, and vegetation clearance authorization, while expansion environmental licensing remained ongoing. <h2 style="text-align: center;">Ownership and Share Structure1</h2> As for ownership and share structure, management owns approximately 26% of Atlas Lithium common shares. Strategic partner Mitsui & Co. Ltd. has 7%. Numerous institutions hold 20%. Retail investors own the rest. Atlas Lithium has 30 million shares outstanding. Its market cap is ~US$130 million. Its 52-week range is US$3.54–8.25 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Atlas Lithium Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Atlas Lithium Corp.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31241"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31241" width="0" height="0"> ( Companies Mentioned: ATLX:NASDAQ, ) Wed, 20 May 2026 00:00:00 PST Clinch Resources Begins West Virginia Met Coal Operation https://www.streetwisereports.com/article/2026/05/19/clinch-resources-begins-west-virginia-met-coal-operation.html Source: <a href="https://www.streetwisereports.com/article/2026/05/19/clinch-resources-begins-west-virginia-met-coal-operation.html?utm_medium=feed">Streetwise Reports 05/19/2026</a> Clinch Resources Ltd. (CLCH:TSX) expands West Virginia met coal operations targeting 200,000 clean tons monthly ramp-up amid tightening global steelmaking coal supplies.<a href="https://www.streetwisereports.com/pub/co/11598?utm_medium=feed" target="_blank" rel="noopener">Clinch Resources Ltd. (CLCH:TSX)</a> is a metallurgical mining company with its corporate office located in Knoxville, Tennessee, and operations in West Virginia. Clinch is currently opening its first two mines, centered around the production of met coal. Its first mine, Lanes Branch (surface), is in the hiring process and plans to begin production in the next few weeks. Met coal is the shorthand term for metallurgical coal, also often known as coke, which is essential to global steel production and has no viable substitute. According to a March 2026 thematic research report by Nick Ward for Ocean Wall, "Global supply growth is increasingly constrained. New projects face tougher regulation, rising costs, and restricted access to capital." The report went on to say, "Coke's integral role is down to three non-substitutable functions: as a high-temperature fuel, as the structural matrix that maintains permeability in the furnace, and as the chemical reductant that strips oxygen from iron ore to produce hot metal. This ‘functional indispensability' helps explain why met coal retains an essential role within the built environment despite the broader anti-coal narrative. Around 90% of met coal is consumed directly within global steel production." Shortages are also piling up because of stricter permitting and ESG screens, structural increases in operating costs, and "restricted access to capital that has penalized long-lead resource projects." Clinch is preparing to step into that void and provide those resources. <a href="https://www.wvva.com/2026/04/24/new-mining-operation-starts-wyoming-county/" target="_blank" rel="noopener">Executive Vice President of Investor Relations Bobby Gaylor said the mine will produce mid-vol coal</a>: "Mid-vol coal is still very important in the world, recently being added to the critical mineral list in November by the U.S. Mid-vol coal is used in the production of blast furnace virgin steel and in specialty coal markets. Clinch anticipates selling into both of these markets." Last year, the Trump administration added met coal to the critical minerals list, opening up grant funding for companies, like Clinch, to extract those minerals. <a href="https://www.wvva.com/2026/04/24/new-mining-operation-starts-wyoming-county/" target="_blank" rel="noopener">Gaylor expressed the company's excitement over the news</a>, saying, "By being added to the critical minerals list, metallurgical coal has gone from targeted to protected." <h2 style="text-align: center;">Working Together to Meet Demand</h2> Clinch has 39% ownership interest in J.J. Resources Inc., which owns nearly 24,000 acres of land in central West Virginia, including the past-producing Meadow River mid-volume met coal mine. Historical estimates show ". . . 51.12M tons M&I in-situ coal resource with 16.36M tons of P&P reserves," according to the company's investor presentation. "The commencement of operations at Lanes Branch is a major milestone in the overall development of Clinch's mining projects and path to near-term coal production," <a href="https://www.coalage.com/departments/breaking-news/clinch-resources-begins-mining-at-lanes-branch/" target="_blank" rel="noopener">said Jon Nix, CEO of Clinch</a>. "By integrating a second equipment spread within the next 90 days, we are positioning the company to increase production capabilities and capitalize on the growing demand for high-quality coking coal." <h2 style="text-align: center;">Community Connection in Coal Towns</h2> Coal mining has long been the economic backbone of West Virginia, and many hold a favorable view of the coal industry. Luckily, the days of company stores and scrip pay have faded into the past, safety regulations have made huge leaps, and companies are now invested in the health and well-being of employees. Environmental stewardship has become a core tenet of many coal companies' practices, and Clinch Resources exemplifies these changes. Clinch offers full healthcare coverage for its employees, which lifts a huge burden off workers' shoulders. The company is also investing in county infrastructure and assistance programs in its areas of operation and has committed to cleaning up pollution left by previous mine owners. [OWNERSHIP_CHART-11598] <h2 style="text-align: center;">Meet the Management Team</h2> Potential or current investors will have the opportunity to speak with Clinch's management team at THE Mining Investment EVENT, which will take place between June 2-4, 2026, at the Quebec Convention Center in Quebec City, Canada. <a href="https://www.stockwatch.com/News/Item/Z-C!CLCH-3821808/C/CLCH" target="_blank" rel="noopener">Bobby Gaylor spoke of the event</a>, saying, "The Event is celebrating its fifth year and continues to attract a widening global audience, highlighting the best of international mining in the United States and Canada. This is a unique chance to connect with industry leaders, governments, and innovators, fostering discussions that will shape the future of our sector. We look forward to seeing many of you there and exploring the opportunities that await us at this esteemed gathering." Brett Young, Clinch's CFO, and Bobby Gaylor will both be in attendance and will be available to meet both publicly and in one-on-one investor meetings. Meetings can be scheduled in advance <a href="https://api.newsfilecorp.com/redirect/oPQkVuBb0D" target="_blank" rel="noopener">here</a>. <h2 style="text-align: center;">Ownership & Share Information1</h2> Clinch Resources Ltd. has a market cap of CA$444.15 million, with 355.45 million shares outstanding. The company's 52-week range is CA$1.10-CA$2.75. Management & Insiders own 11% of shares, and the remaining 89% of shares are held by Retail and Institutions. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> Important Disclosures:<ol> <li>Clinch Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Clinch Resources Ltd.</li> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31229"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31229" width="0" height="0"> ( Companies Mentioned: CLCH:TSX, ) Tue, 19 May 2026 00:00:00 PST Fox River to be Acquired at Premium https://www.streetwisereports.com/article/2026/04/15/fox-river-to-be-acquired-at-premium.html Source: <a href="https://www.streetwisereports.com/article/2026/04/15/fox-river-to-be-acquired-at-premium.html?utm_medium=feed">Adrian Day 05/15/2026</a> Adrian Day comments about the pending purchase of Fox River Resources Corp. by an Agnico Eagle subsidiary, and why the transaction is good for both companies.Avenir Minerals, a wholly owned subsidiary of Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE), is to acquire Fox River Resources Corp. (FOX:CSE) at CA$1.10 per share at a 20% premium on the 30-day price in an all-cash transaction of approximately CA$94 million. Fox owns the Martison Phosphate Project in Ontario, which will provide a large-scale supply of phosphate fertilizers as well as PPA (purified phosphoric acid) for the battery industry. We bought Fox less than two years ago at CA$0.37 giving us a return of 197% in Canadian dollars. We will calculate the U.S. dollar gain once the transaction closes, which is expected in the third quarter. As expected, Fox share price jumped close to the transaction price once announced. We would hold, and urge all shareholders to vote in favor of the transaction. Avenir was formed as a subsidiary of Agnico with a mandate to advance high-quality critical and strategic mineral projects. Agnico is the company of choice for the Canadian government to explore for and develop a secure supply of critical minerals. This is the first large acquisition for the company. We think this is a good transaction for Fox, which otherwise would have had to suffer significant dilution to bring the project into production, as well as for Agnico Eagle, giving them an advanced project as a base for Avenir to grow. It uses all of Avenir's available cash but it could raise additional equity for additional transactions. Disclosure: Adrian Day's management company holds just under 15% of the shares of Fox. TOP BUYS THIS WEEK include Agnico Eagle and Lara Exploration Ltd. (LRA:TSX.V). <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Agnico Eagle Mines Ltd., Fox River Resources, and Lara Exploration Ltd..</li> <li>Adrian Day: I, or members of my immediate household or family, own securities of: All. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: All. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Adrian Day Disclosures Adrian Day’s Global Analyst is distributed for $990 per year by Investment Consultants International, Ltd., P.O. Box 6644, Annapolis, MD 21401. (410) 224-8885. www.AdrianDayGlobalAnalyst.com. Publisher: Adrian Day. Owner: Investment Consultants International, Ltd. Staff may have positions in securities discussed herein. Adrian Day is also President of Global Strategic Management (GSM), a registered investment advisor, and a separate company from this service. In his capacity as GSM president, Adrian Day may be buying or selling for clients securities recommended herein concurrently, before or after recommendations herein, and may be acting for clients in a manner contrary to recommendations herein. This is not a solicitation for GSM. Views herein are the editor’s opinion and not fact. All information is believed to be correct, but its accuracy cannot be guaranteed. The owner and editor are not responsible for errors and omissions. © 2023. Adrian Day’s Global Analyst. Information and advice herein are intended purely for the subscriber’s own account. Under no circumstances may any part of a Global Analyst e-mail be copied or distributed without prior written permission of the editor. Given the nature of this service, we will pursue any violations aggressively.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31214"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31214" width="0" height="0"> ( Companies Mentioned: AEM:TSX; AEM:NYSE, FOX:CSE, ) Fri, 15 May 2026 00:00:00 PST Oil Co. Advances Massive Namibia Hydrocarbon Discovery Toward Production Testing https://www.streetwisereports.com/article/2026/05/14/oil-co-advances-massive-namibia-hydrocarbon-discovery-toward-production-testing.html Source: <a href="https://www.streetwisereports.com/article/2026/05/14/oil-co-advances-massive-namibia-hydrocarbon-discovery-toward-production-testing.html?utm_medium=feed">Streetwise Reports 05/15/2026</a> Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE) is advancing its downhole testing operations at the Kavango West 1X site in Namibia. Find out what catalysts are ahead for the company.<a href="https://www.streetwisereports.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE)</a>, in collaboration with partners NAMCOR and BW Energy, is advancing its downhole testing operations at the Kavango West 1X site in Namibia, <a href="https://www.reconafrica.com/investors/news-releases/reconafrica-progresses-toward-kavango-west-1x-production-test" target="_blank" rel="noopener">according to a May 13 release</a>. The initiative marks the first production test of its kind in the region, according to the company, known as ReconAfrica. The operation involves testing six optimized zones that span 420 meters and contain hydrocarbon-bearing intervals. To facilitate these operations, equipment and services have been sourced from both Namibian and international companies. The technical aspects of the on-site operations are being managed by SLB and Halliburton, two global leaders in oil field services. As part of the standard procedures to ensure the integrity of the casing and cement, ReconAfrica said it is set to conduct a cement bond log. Additionally, a third-party service provider is working on securing the necessary transport and storage permits to commence downhole testing. ReconAfrica said it is dedicated to adhering to all of Namibia's legal, regulatory, and permitting requirements throughout the testing process. The company plans to start downhole perforating and production testing before the end of May. Meanwhile, ReconAfrica noted it is also preparing for further appraisal drilling at the Kavango discovery. This preparation includes selecting specific sites and advancing the necessary permitting work to ensure everything is in place for continued exploration and testing. <h2 style="text-align: center;">Results Expected in July</h2> Research Capital Corp. Analyst Bill Newman released an updated research note on the day of the release, May 13. "ReconAfrica expects perforating and production testing to commence before the end of May," Newman said. "Each individual zone test could take up to 10 days, with the full program potentially extending up to 60 days. The company expects to release production test results approximately mid-to-late July. Importantly, appraisal planning activities are advancing in parallel with production testing, including site selection and permitting for a follow-up well. In our view, this suggests management remains encouraged by the potential significance of the KW1X discovery." The ongoing success of the production testing, which aims to demonstrate sustained hydrocarbon flow rates and reservoir deliverability, could significantly reduce the risks associated with not only the KW1X structure but also the broader Damara Fold Belt fairway spanning Namibia and Angola, the analyst said. Based on these developments, Newman maintained a Speculative Buy rating and a CA$4.40 target price, which he said reflects his firm's risked valuation of both the Kavango West 1X prospect and the Loba Oil Field in Gabon. <h2 style="text-align: center;">Expert: Several Key Catalysts Ahead</h2> 1A dynamic player in the oil and gas sector, ReconAfrica is intensifying its exploration activities across southern Africa, <a href="https://www.streetwisereports.com/article/2026/03/03/oil-and-gas-in-africa-significant-growth-potential-with-an-exciting-key-shareholder-and-fabulous-charts.html?utm_medium=feed" target="_blank" rel="noopener">as highlighted in a recent analysis by Technical Stewart Thomson for Streetwise Reports on March 3</a>. In Namibia, the company is making strides in the Damara Fold Belt with license PEL 73, which spans more than 6 million acres. Here, ReconAfrica recently celebrated a hydrocarbon find at its second well, the Kavango West 1X. Expanding its geographic footprint, ReconAfrica has entered Angola through a Memorandum of Understanding that secures exploration rights over an additional 5.2 million acres, aiming to capitalize on the geological continuity across the Namibian border. In Gabon, the company has acquired the NGULU offshore block, enhancing its portfolio with both appraisal and exploration prospects in a region known for its hydrocarbon yields. Looking ahead to 2026, Thomson points out several key catalysts for ReconAfrica. These include conducting production tests at the Kavango discovery, drilling an appraisal well in proximity, and pushing forward with seismic and appraisal efforts in Gabon's NGULU block. The company holds a 70% working interest in its Namibian ventures, in partnership with entities like BW Energy and NAMCOR. ReconAfrica is committed to robust environmental and social governance, particularly in Namibia, where it seeks to make a positive impact on local communities, Thomson said. The company is led by a seasoned team under President and Chief Executive Officer Brian Reinsborough. From an investment standpoint, there is notable insider confidence, with the CEO personally holding over 1 million shares. Recent trends show that 10 out of 11 company insiders have increased their stakes, with BW Energy recently boosting their shareholding by over 4 million shares, the analyst said. Thomson has set the medium and long-term price targets for ReconAfrica's stock at CA$1.35 and CA$1.80, respectively, and has given the stock a Speculative Buy rating. This reflects a bullish outlook on the stock's future performance, underpinned by the company's strategic expansion and operational milestones. <h2 style="text-align: center;">Oil Prices Stabilize Following Xi Meeting</h2> On Thursday, oil prices stabilized around US$100 following a statement from the White House indicating that Presidents Donald Trump and Xi Jinping had reached a consensus on keeping the Strait of Hormuz open, <a href="https://www.cnbc.com/2026/05/14/oil-prices-today-wti-brent-hormuz-trump-xi-meeting.html" target="_blank" rel="noopener">according to a report by Spencer Kimball and Justina Lee for CNBC on May 14</a>. By mid-morning, international benchmark Brent crude futures for July had decreased by 58 cents to US$105.05 a barrel, while U.S. West Texas Intermediate futures for June were down 46 cents at US$100.56 per barrel. A White House official highlighted the agreement between the two leaders, stating, "The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy." According to the report, the official further noted President Xi's stance against militarizing the Strait and opposing any charges for its use. Additionally, Xi showed interest in purchasing U.S. oil, though this was not corroborated by Chinese state media, which made no mention of discussions on Hormuz or oil transactions. Instead, state-owned Xinhua reported that Trump and Xi "exchanged views on major international and regional issues, such as the Middle East situation." Earlier in the week, both OPEC and the International Energy Agency (IEA) released updates on the oil market's status in light of the ongoing Iran war. OPEC revised its demand growth forecast for 2026 down to approximately 1.2 million barrels per day from an earlier estimate of 1.4 million barrels per day. The organization also reported a significant reduction in production, with a drop of 1.7 million barrels per day in April alone, totaling a decline of over 30% or 9.7 million barrels per day since the conflict began in late February. Notably, this update will be the last to include data from the United Arab Emirates, following its departure from OPEC on May 1. The IEA remarked on the severe impact of supply disruptions from the Strait of Hormuz, noting that global oil inventories are depleting at an unprecedented rate due to the loss of more than 14 million barrels per day of supply. This cumulative loss from Gulf producers now exceeds a billion barrels. The agency anticipates increased price volatility as the peak summer demand season nears.[OWNERSHIP_CHART-10875] Analysts from ING also commented on the situation, linking the duration of high fuel prices to the ongoing geopolitical tensions surrounding the Strait of Hormuz and potential damages to oil and gas infrastructure in the Middle East due to the conflict. They emphasized that these factors are central to discussions about the future of fuel prices, Kimball and Lee reported. In a recent interview with CNBC, Treasury Secretary Scott Bessent expressed optimism about the future of oil prices and energy inflation, predicting that they will decrease rapidly, <a href="https://www.msn.com/en-us/news/world/oil-prices-will-fall-quickly-says-bessent-china-agrees-hormuz-must-open/ar-AA23aChI" target="_blank" rel="noopener">Adam Clark wrote for Barron's on May 14</a>. He confidently stated that producers will "pump like crazy" in response to the current market conditions. This statement comes at a time when the Strait of Hormuz, a critical channel through which 20% of the world’s oil normally flows, continues to see significantly reduced traffic. Data from UBS indicates that the average number of oil and gas tankers traversing the Strait has dropped to just 2.6 per day in May, a decrease from three in April and a stark contrast to the February average of nearly 50. Adding to the region's tensions, an Indian-flagged ship near the coast of Oman was attacked this week, necessitating a rescue operation for its crew, Clark noted. According to India’s Foreign Ministry, Omani authorities successfully rescued all the Indian crew members involved. However, the ministry's spokesman did not specify who was responsible for the attack that occurred on Wednesday. <h2 style="text-align: center;">Ownership and Share Structure2</h2> About 1% of the company is owned by insiders and management, including Reinsborough, with 0.29%. About 7% is held by BW. The rest is in institutional and retail. Other top shareholders include Senior Vice President of Drilling and Completions Nicholas Steinsberger with 0.17%, Director Joseph Davis with 0.06%, Senior Vice President of Exploration Christopher Sembritzky with 0.06%, and Director W. Derek Aylesworth with 0.05%. ReconAfrica's market cap is CA$406.55 million with 383.54 million shares outstanding. It trades in a 52-week range of CA$0.40 and CA$1.35. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li><a href="https://www.theenergyreport.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd.</a> is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of <a href="https://www.theenergyreport.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd.</a></li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the Stewart Thomson article published on March 3, 2026 <ol> <li>For the quoted article (published on March 3, 2026), the Company has paid Street Smart, an affiliate of Streetwise Reports US$3,550.</li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> <ol start="2"> <li>Ownership and Share Structure Information</li> </ol> The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31210"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31210" width="0" height="0"> ( Companies Mentioned: RECO:TSXV;RECAF:OTCQX;0XD:FSE, ) Fri, 15 May 2026 00:00:00 PST Rare Earth Co. Delivers High-Growth Q1 Financial Surge https://www.streetwisereports.com/article/2026/05/13/rare-earth-co-delivers-high-growth-q1-financial-surge.html Source: <a href="https://www.streetwisereports.com/article/2026/05/13/rare-earth-co-delivers-high-growth-q1-financial-surge.html?utm_medium=feed">Streetwise Reports 05/12/2026</a> Neo Performance Materials Inc. (NEO:TSX; NOPMF:OTCMKTS) posted soaring Q1 revenue and earnings while raising 2026 EBITDA guidance amid strong demand for critical materials.On May 12, 2026, Neo Performance Materials Inc. (NEO:TSX; NOPMF:OTCMKTS) released its Q1 2026 financial results. All financial statements are available on the company website, but highlights include: <ul> <li>Revenue for Q1 2026 was CA$155.0 million, compared to CA$121.6 million for Q1 2025.</li> <li>Operating income for Q1 2026 was CA$26.6 million, compared to CA$9.6 million for Q1 2025.</li> <li>Adjusted EBITDA for Q1 2026 was CA$36.2 million compared to CA$17.1 million for Q1 2025. This resulted in an adjusted EBITDA margin of 23.4% for the quarter, representing an improvement of 930 basis points over 2025.</li> <li>Adjusted Net Income for Q1 2026 was CA$14.9 million, or CA$0.36 earnings per share, compared to Adjusted Net Income of CA$6.5 million, or CA$0.15 earnings per share, for Q1 2025. Commencing this quarter, Neo is revising the calculation of Adjusted Net Income to better reflect underlying operating performance attributable to Neo shareholders and improve comparability across periods.</li> <li>Operating Cash Flow for the three months ended March 31, 2026, was an outflow of CA$38.3 million in cash from operating activities, driven by higher strategic inventory held, higher costs in inventory due to material pricing, higher receivables due to timing of sales, as well as the settlement of the European patent litigation in January 2026. As of March 31, 2026, Neo had CA$41.7 million in cash and CA$154.3 million in gross debt on its balance sheet.</li> <li>Capital investment for the three months ended March 31, 2026, was CA$5.2 million, with funds used primarily to advance the European Permanent Magnet facility and heavy rare earth production line in Europe.</li> <li>Shareholder return of capital for the three months ended March 31, 2026, consisted of CA$3.3 million in dividends to shareholders.</li> <li>A quarterly dividend of CA$0.10 per common share was declared on May 7, 2026, for shareholders of record on June 19, 2026, with a payment date of June 29, 2026.</li> </ul> Other updates gear toward production and commercial launches, with a state-of-the-art magnet facility moving through its planned ramp-up and achieving operational milestones like the production of its one-millionth magnet in February 2026. The company also commissioned a small-scale heavy rare earth element solvent extraction production line at its Silmet facility in Estonia in April 2026. Rahim Suelman, President & CEO of Neo, said, "Neo delivered exceptional first-quarter results, with Adjusted EBITDA of CA$36 million, more than doubling year‑over‑year, driven by disciplined execution and favorable pricing across our entire critical materials portfolio. We saw both strong demand and strong pricing across all three business units, and all business units improved year over year. Our Rare Metals business, which focuses on critical materials such as hafnium and gallium, contributed meaningfully to earnings growth. We advanced key strategic milestones, including the production of our one-millionth magnet at our European Permanent Magnet facility, and the commissioning of our new small‑scale heavy rare earth separation production line in Silmet, a critical step in our strategy to build the most vertically integrated rare earth magnetics value chain in Europe." Suleman continued: "Given our strong first-quarter performance, healthy demand outlook, and continued favorable pricing environment, we are raising our full-year Adjusted EBITDA guidance to a range of CA$100 million to CA$110 million. As global supply chains increasingly prioritize security and localization of critical materials, and structural growth drivers including AI infrastructure, electrification, automation, and aerospace continue to underpin a supportive demand environment, Neo is well-positioned for the future. Looking ahead, we remain focused on delivering disciplined growth, strong execution, and long-term value for our stakeholders." Neo Performance Materials Inc. is a Canadian company focused on the manufacturing and distribution of industrial materials such as magnetic powders, magnets, specialty chemicals, metals, and alloys. <h2 style="text-align: center;">Manufacturing Industry Continues to Evolve</h2> The company website says that, "Neo's advanced industrial materials are . . . key to some of the world's sought-after and environmentally friendly and sustainable technologies, such as hybrid and electric vehicles, pollution control systems, high-efficiency appliances and pumps, energy-efficient lighting, water purification, and many more." Deloitte Research Center for Energy and Industrials showed the demand for industrial material production, writing: A 2025 <a href="https://www.deloitte.com/us/en/insights/industry/manufacturing-industrial-products/2025-smart-manufacturing-survey.html" target="_blank" rel="noopener">Deloitte survey</a> of 600 manufacturing executives found that the majority (80%) plan to invest 20% or more of their improvement budgets in smart manufacturing initiatives, with a focus on foundational tools and technologies. These include automation hardware, data analytics, sensors, and cloud computing." Demand in the sector is showing no signs of slowing. "Global and U.S. market forecasts suggest solid growth, with U.S. manufacturing output projected to rise by approximately 3.5% annually, according to McKinsey & Company," according to one assessment from LTJ Industrial. It went on to say, "A culture of continuous improvement makes industrial and manufacturing organizations more responsive to shifting market demands and operational challenges." <h2 style="text-align: center;">Experts See Growth Potential</h2> On May 6, 2026, Daniel Harriman of Sidoti & Company LLC gave Neo a price target of CA$24.00, citing the company's 2025 performance as a "genuine inflection point" for the company and arguing that "Neo's financial position supports continued execution." [OWNERSHIP_CHART-11493] On May 12, 2026, J. Marvin Wolff of Paradigm Capital reiterated its 'Buy' rating for the company and raised its price target from CA$31.00 to CA$41.50 due to a "strong demand/pricing environment." Finally, on May 12, 2026, <a href="https://excelsiorprosperity.substack.com/p/spring-fling-rally-in-copper-critical?utm_source=post-email-title&publication_id=2151927&post_id=197330198&utm_campaign=email-post-title&isFreemail=true&r=4tebdf&triedRedirect=true&utm_medium=email" target="_blank" rel="noopener">Shad Marquitz of Excelsior</a> applauded the company's stock, writing, "[Neo] is up 4.34x in just a year, since the March 2025 low of CA$4.97 to the recent May 2026 high of CA$1.60," calling Neo a "leading rare earths processor and separator and producer of permanent rare earth magnets." <h2 style="text-align: center;">A Market that Demands Industrial Materials</h2> Neo's <a href="https://www.neomaterials.com/wp-content/uploads/2026/05/NPM-Investor-Presentation-1Q26.pdf" target="_blank" rel="noopener">investor presentation</a> lists several key factors that it believes will drive the future of the company. Namely, the company expects continued or increased demand in the automotive, wind farm, robotics, and AI data center sectors. <h2 style="text-align: center;">Ownership & Share Information1</h2> Neo Performance Materials Inc. has a market cap of CA$1.28 billion, with 41.94 million shares outstanding. The company's 52-week range is CA$9.00-CA$32.72. Institutions own 26.29% of shares, with Strategic Investors own 1.49%. Management & Insiders own 1.87% of shares, and the remaining 70.35% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31199"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31199" width="0" height="0"> ( Companies Mentioned: NEO:TSX;NOPMF:OTCMKTS, ) Tue, 12 May 2026 00:00:00 PST Energy Co. Forms High-Value Alberta Oil Project Partnership with Korea https://www.streetwisereports.com/article/2026/05/13/energy-co-forms-high-value-alberta-oil-project-partnership-with-korea.html Source: <a href="https://www.streetwisereports.com/article/2026/05/13/energy-co-forms-high-value-alberta-oil-project-partnership-with-korea.html?utm_medium=feed">Streetwise Reports 05/13/2026</a> CanAsia Energy Corp. (CEC:TSX.V) teams with KIGAM on a CA$26M Alberta SAGD project targeting lower emissions and major production growth.On May 6, 2026, CanAsia Energy Corp. (CEC:TSX.V) <a href="https://www.stockwatch.com/News/Item/Z-C!CEC-3816644/C/CEC" target="_blank" rel="noopener">announced that it has entered into a Cooperative Research and Development Agreement with the Korea Institute of Geoscience and Mineral Resources </a>(KIGAM) in regard to the company's pilot oil project in Andora's Sawn Lake, Alberta. Both CanAsia and its wholly-owned subsidiary, Andora Energy Corporation, will partake in the agreement. Andora has a 100% interest in and operates four oil sands leases with 27 gross sections at Sawn Lake, with a risked Best Estimate contingent bitumen resource of 299 million barrels recoverable. The press release said: "Andora commenced a steam-assisted gravity drainage demonstration project at Sawn Lake in 2013, consisting of one SAGD well pair and a SAGD facility for steam generation, water handling, and bitumen treating. Steam injection commenced at the demonstration project in May 2014 and produced bitumen from September 2014 to February 2016. During this time, the demonstration project successfully achieved its objectives by proving that bitumen production from the Blue Sky Formation sandstone reservoir could be achieved at commercial rates and steam oil ratios." <a href="https://www.stockwatch.com/News/Item/Z-C!CEC-3816644/C/CEC" target="_blank" rel="noopener">Key terms of the agreement</a> include: <ul> <li>KIGAM will commit CA$26 million to the installation of three SAGD modules (a produced Water boiler ("PWB") and a partial upgrader and solvent steam flood (the "KIGAM Modules")) and associated operating costs for the recommissioning of the existing plant site at Sawn Lake and start-up of existing well pair #1 ("WP1").</li> <li>KIGAM will, at its own cost, which is excluded from the CA$26 million commitment above, fabricate and transport these three SAGD modules to the Sawn Lake site. Upon successful delivery of the PWB, CanAsia will assign 50% ownership of its PWB patent to KIGAM, and both parties will share 50% of the royalties collected from any future projects utilizing the PWB technology</li> <li>Andora will be the Project operator.</li> <li>Project term of 3 years, with an optional 1-year extension if both parties mutually agree.</li> <li>CanAsia's costs during the Project are anticipated to be minimal.</li> <li>An estimated production of approximately 600 barrels of bitumen per day is expected from WP1 once it is brought on production post-restart of the existing plant site.</li> <li>WP1 production profits will be split 50/50 between KIGAM and CanAsia until the end of the Project term, after which CanAsia will retain 100% of the production profits.</li> <li>Ownership of the solvent steam flood and partial upgrader modules will remain with KIGAM to the end of the 3+1 year project term, at the end of which KIGAM will have the option of transferring ownership to CanAsia, along with any associated abandonment liabilities, for C$1.00 or removing these modules at KIGAM's cost.</li> <li>Ownership of WP1, all existing facilities, the new PWB, and the underlying bitumen resource will remain 100% owned by CanAsia at the beginning and end of the Project.</li> <li>CanAsia has the right to conduct 100% working interest activities on the non-KIGAM Project lands that may include an extended horizontal SAGD well pair targeting 1,200 bopd utilizing steam capacity from CanAsia's 100% owned existing steam plant.</li> <li>Produced water recycle, the most capital-intensive portion of a full-scale commercial development at Sawn Lake will be substantially reduced in upfront cost with the successful testing of Andora's patented PWB design, providing the ability to stage capital expenditures over time towards full development of a future multi-battery, 20,000 bopd project.</li> </ul> While Andora will be the project operator, KIGAM has agreed to fund up to CA$26 million over the project's pilot term. If the project is extended to include a fourth year, any profits from production revenues for the Project will first be applied to cover any overages exceeding the Project Budget, and thereafter, any remaining profits will be split 50/50 between Andora and KIGAM. Regarding the partnership, CanAsia CEO Jeff Chisolm said, "The upcoming KIGAM/CanAsia SAGD project will be testing innovative SAGD technology and could be one of the most significant SAGD projects undertaken in Alberta in quite some time. The environmental footprint of this project will be reduced by utilizing CanAsia's PWB-produced water recycle technology and KIGAM's solvent steam flood technology with recycling. This is intended to substantially reduce the project steam oil ratio and carbon dioxide emissions. A successful demonstration of the PWB will provide the technical platform for a modular, staged 20,000 bopd SAGD development." CanAsia Energy Corp. is a Canadian oil company focused on projects in Alberta, Canada, and Thailand. <h2 style="text-align: center;">Oil Prices Staying High</h2> <a href="https://fortune.com/article/price-of-oil-05-13-2026/" target="_blank" rel="noopener">Oil prices have shot up significantly over the past year</a>, going from US$67.04 to US$110.43 per barrel as of May 13, 2026. Americans are seeing gas prices at the pump of US$4.50 and up and have been feeling the tightening of their wallets since the U.S.-Iran War started several weeks ago. The closure of the Strait of Hormuz has impacted oil reserves in the West, leaving the U.S. scrambling to fulfill domestic needs. <a href="https://www.litefinance.org/blog/analysts-opinions/oil-price-prediction-forecast/daily-and-weekly/" target="_blank" rel="noopener">A predictive article by LiteFinance</a> said that the next 30 days are looking to be just as steep, if not more so. It said that prices could reach as high as US$138.97 per barrel next month unless a ceasefire is agreed upon and maintained. Still, some bright news on the horizon is that demand for oil may slightly lessen this year.<a href="https://www.tradingview.com/news/invezz:fdd0f2041094b:0-opec-slashes-2026-oil-demand-growth-forecast-on-oecd-weakness/" target="_blank" rel="noopener"> A May 13 article by Trading View</a> said, "OPEC’s latest assessment shows OECD demand nearly flat, with growth of just 100,000 bpd. The Americas are expected to see a modest increase of 200,000 bpd, led by LPG and gasoline, but Europe is forecast to contract slightly by 30,000 bpd due to weaker industrial activity and consumer demand." If prices are to remain elevated, lessened consumption may alleviate some financial pressure for consumers. <h2 style="text-align: center;">Expert Says Stock Had a "Big Pop"</h2> On May 11, 2026, Chen Lin of What is Chen Buying? What is Chen Selling? spoke about CanAsia, saying: "CEC.v had a big pop last week while I was away. The big news is that the Korean Institute of Geoscience and Mineral Resources (KIGAM) is committing CA$26 million to build three SAGD modules using CEC technology. I talked to the management, and they think the total commitment from the Koreans is north of CA$200 million as they have a team of scientists working in Korea to make sure of the successes, as well as a commitment to build facilities to ship the oil out. The Koreans love the CEC patented technology and plan to first demonstrate it working, then use it throughout Canada and the world, to extract heavy oil. CEC and KIGAM will share the patent royalties." [OWNERSHIP_CHART-10668] Lin went on to say, "The first module is planned to be operational next year. The cost to extract oil will be in the US$20-30/barrel range. They were negotiating with the Koreans since last year, and this technology works at pre-Iran war oil price. If this is proven to be working, CEC will likely be taken over by the Korean or big oil companies. This deal does not exclude another company from coming in and bidding for CEC. Also, the Thailand bidding round should be awarded any time now. CEC has 30% of the concession and a few-year deposit is prepaid by its partner." <h2 style="text-align: center;">24 Months of Planning Laid Out</h2> Per <a href="https://www.stockwatch.com/News/Item/Z-C!CEC-3816644/C/CEC" target="_blank" rel="noopener">the company announcement</a>, a substantial amount of project engineering has already been completed during the KIGAM Sawn Lake evaluation by a joint team of KIGAM/Andora engineers and geoscientists, and project approval will be filed with the AER in approximately 6-8 months. All three key modules are currently planned to commence fabrication, generally in parallel, in 6-8 months' time. Module installation is anticipated to commence in approximately 16-24 months. <h2 style="text-align: center;">Ownership & Share Information1</h2> CanAsia Energy Corp. has a market cap of CA$41.73 million, with 112.79 million shares outstanding. The company's 52-week range is CA$0.06-CA$0.45. Strategic Investors own 17.73% of shares, while Management & Insiders own 20.29%. The remaining 61.98% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31197"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31197" width="0" height="0"> ( Companies Mentioned: CEC:TSX.V, ) Wed, 13 May 2026 00:00:00 PST