News Archives - Page 79 of 83

WednesdayAug 26, 2020 9:59 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Shareholder Update

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today released a shareholder update regarding recent ‎transactions relating to the company. Among other highlights, the update discussed Petroteq’s entry into an agreement with Valkor Energy Services LLC. Under the agreement, Valkor will assume responsibility for the management and operations of Petroteq’s existing oil sands plant at Asphalt Ridge, Utah. Valkor, together with its joint venture partner, Tomco Energy plc, ‎are upgrading Petroteq’s existing oil sands plant to increase capacity and reliability for continuous ‎operations at 400…

ThursdayAug 20, 2020 10:07 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Streamlines Organizational Structure, Focuses on Growth

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, today announced that it is making a number of changes to its management team in order to reduce costs, flatten the organizational structure and focus on the ongoing growth of a new generation of U.S. uranium and rare earth element ("REE") professionals. "While the U.S. uranium mining and rare earth element industries are small, there are excellent opportunities, and we have some extremely talented and knowledgeable rising professionals who have shown a true dedication to the values we uphold at Energy Fuels, including safety, environmental…

TuesdayAug 18, 2020 11:07 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Hires COO with Depth, Decades of Experience

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announced that it has hired George Stapleton as its new chief operating officer. Stapleton brings with him more than 40 years of experience in the areas of design, construction, fabrication and project management for onshore and offshore plant and energy infrastructure-related projects. In his new role, Stapleton will manage all engineering, planning, procurement, project management and day-to-day operations for Petroteq. “Mr. Stapleton’s recruitment is certainly a most fortuitous event for Petroteq,” said PQEFF chairman Alex…

FridayAug 14, 2020 2:31 pm

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Additional Debt Conversions, Equity Investment

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that Valkor Engineering has agreed to settle the remaining portion of its debt with the company, namely, US$700,000, through the issuance of 11,666,666 common shares of the company, each at a deemed price of US$0.06. According to the update, including the shares for debt transaction between Valkor and Petroteq announced on July 20, 2020, upon closing of both transactions, Valkor would hold 60,624,666 common shares of the company representing 19.92% of all of its…

TuesdayAug 11, 2020 11:46 am

MiningNewsBreaks – InvestorBrandNetwork Announces Launch of Laser-Focused Communications Platform – MiningNewsWire

InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community, today announced the launch of MiningNewsWire (“MNW”) as part of its sustained effort to provide specialized content distribution via widespread syndication channels. A specialized, laser-focused communications platform, MNW publishes news, content and information on mining stocks and natural resource companies operating around the globe. “Mining stocks are unique in that they move independently based on situational demand. As a result, mining stocks can produce strong returns during any market cycle. This is particularly apparent today. As the 2020 pandemic continues to foment economic uncertainty, demand…

MondayAug 03, 2020 12:11 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q2 2020 Results, to Host August 5 Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR), on Friday reported its financial results for the quarter ended June 30, 2020. In addition, the company announced that it will host a webcast at 11:00 am ET (9:00 am MT) on Wednesday, August 5, 2020 to review these results. Interested parties may join the webcast by dialing 1-888-664-6392 (toll free in the U.S. and Canada) or by visiting the following link: http://nnw.fm/qH0OR. “Energy Fuels continued to consolidate our position as the clear leader in U.S. uranium production in Q2-2020, and we made significant progress in diversifying into rare earth element production,” Mark…

ThursdayJul 30, 2020 9:59 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces New Financing, Amendment to Securities and Shares for Debt

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, on Wednesday announced the receipt of an irrevocable subscription agreement from an arm’s length lender. According to the update, the agreement was for a $150,000 principal amount (including a 20% original ‎issue discount) convertible debenture and warrants exercisable for up to ‎3,033,980‎ common shares ‎of the company at $0.0412 per share for 12 months. The debenture will bear no interest and have a term of 12 months. At the holder’s option, the purchase price of the debenture…

TuesdayJul 28, 2020 12:15 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Progress, Plans at Its Nevada Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B), on Monday summarized progress during the first half of 2020 and its exploration and development plans for the coming 12 months at the Bullfrog Project (“Project”) located 125 miles NW of Las Vegas, Nevada. Among highlights provided in the update, a key 2020 event was the C$2.0 million private placement completed in mid-January that funded Company and Project obligations while achieving main objectives and advancing the Project. Subject to funding, exploration and development plans for the next 12 months mainly include design, securing permits and completion of the next drill program,…

MondayJul 20, 2020 9:55 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Significant Investments

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that both Valkor Engineering and Petroteq’s Chairman Alex Blyumkin have agreed to invest in the Company at a premium to the public market price of its common shares. According to the update, Blyumkin has delivered an irrevocable subscription agreement for US$600,000 for 15,000,000 common shares of Petroteq, each at a price of US$0.04 – a 20% premium to the current market price. In addition, Petroteq’s strategic technology partner, Valkor Engineering, has agreed to complete a…

FridayJul 17, 2020 9:43 am

MiningNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) Balance Sheet “Unsurpassed in the Global Mid and Junior Uranium Mining Sectors”

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced the recent elimination of a portion of the company's debt, confirmation of 2020 uranium production guidance, as well as updates on the value of the company's significant uranium and vanadium inventories. "The strength of Energy Fuels' balance sheet is unsurpassed in the global mid and junior uranium mining sectors today, including decreasing debt loads and increasing values on our product inventories," Mark S. Chalmers, president and CEO of Energy Fuels, stated in the news release. "Indeed, no other comparable uranium miner to…

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