Bayswater Uranium reports it has arranged a $25 million financing for the purpose of completing the acquisition of a 100% interest in the Reno Creek property.
The Company and PRRF will enter into a shareholders’ agreement in respect of Newco which will permit Bayswater to contribute additional amounts to Newco in order to achieve a 50% ownership interest. In addition, [...]
Uranium miners making the news today include First Uranium Corp., Uranerz Energy Corporation, Bayswater Uranium Corporation and Khan Resources.
While uranium spot prices are expected to remain flat for 2010 and into 2011, rising demand from the growing nuclear power utilities sector should benefit uranium prices over the long-term.
For complete article, click onto Uranium Investing News.
Bayswater Uranium Corporation reports that drilling is now underway on the Fife Island target on the Collins Bay Extension project and that additional drilling is planned for a second, large and well-defined target located 8 kilometres due east of Cameco Corporation’s Collins Bay-Eagle Point Mine.
Extensive exploration, including land and lake bottom geochemical sampling, airborne VTEM and magnetic [...]
Bayswater Uranium reports that Otis Gold Corp has received results that indicates the presence of numerous sizeable and geologically significant resistivity anomalies underlying the Dog Bone Ridge gold target area located at the Kilgore gold project, Idaho.
The Dog Bone Ridge gold target comprises an extensive area of 242 hectares mostly overlain by an apron of Pliocene-age hot-spring [...]
Bayswater Uranium Corporation reports a drilling program is planned at the Company’s Collins Bay Extension uranium project, Athabasca basin of Saskatchewan.
The drilling program will be under the operatorship of CanAlaska Uranium Ltd. (TSX.V: CVV) that may earn a 51% participating interest in the project by undertaking a minimum of $4 million in exploration expenditures within 5 [...]
Despite uranium’s lackluster performance over the last few years, 2010 holds promise as utilities and buyers from Asia, where nuclear power programs are on the rise, are expected to come back into the market creating much needed demand.
Uranium price movements stalled in 2009 averaging about $46 per pound and spot currently sits at $44.50 according [...]
Bayswater Uranium reports results of an independent NI 43-101 technical report for its Elkhorn uranium project, Wyoming.
NCA’s Elkhorn Uranium Project comprises two groups of properties, designated the Elkhorn Properties, owned 100% by Bayswater, and the Hauber Project Properties, a venture between NCA and NFUR HAUBER, LLC, a subsidiary of Ur-Energy Inc. (TSX: URE). NCA can earn [...]
Bayswater Uranium reports that it has elected to meet the terms of competing offer which Strathmore Minerals had received with an unsolicited competing offer from a foreign based corporation for the Pine-Tree Reno Creek properties, Wyoming.
Bayswater will acquire a 100% interest in the Property in consideration of an aggregate payment of US$20 million to Strathmore of which US$ 17.5 million [...]
Bayswater Uranium Corporation reports Strathmore has received an unsolicited competing offer from a foreign based corporation for the Pine-Tree Reno Creek properties, Wyoming.
Per Competing Offer, the Competing Bidder would acquire a 100% interest in the Property in consideration of the payment of US$17.5 million cash, US$2.5 million in common shares of the Competing Bidder, to be paid [...]
Bayswater Uranium Corporation reports it has received results from drilling at the Kilgore gold project, Idaho.
The drill results comprise both high-grade, underground and bulk-tonnage, open-pittable intercepts from the first seven assayed core holes of Otis’s continuing 2009, 12 core hole, 3,100 metre drill program at Kilgore. Highlights of the seven drill holes, listed in Table 1 [...]
Wednesday, March 3, 2010
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