Power Metal Resources plc has extended its uranium portfolio to within the Athabasca Basin ahead of beginning its largest exploration campaign in Saskatchewan. PERCH RIVER The two-year Perch River licences, covering 39.41km2, lie less than 10km from the northern Athabasca basin edge and are covered by Athabasca sandstone to an estimated depth of 50 to 200m. A […]
Tag: Uranium Energy Exploration plc
Power Metal conditionally sells second uranium asset
Power Metal Resources plc has conditionally sold its second uranium property of E-12, immediately south of the Athabasca Basin in Northern Saskatchewan, Canada. TEATHERS The 13km2 property is under acquisition by Teathers Financial plc, subject to its listing by 31 December 2022. Teathers will pay £250,000 in 20,142,853 new ordinary shares of 0.1p each at an issue price of 1.24114 pence, and […]
Teathers Financial appoints Alexander Barblett as NED
Teathers Financial plc has appointed Alexander Barblett as a non-executive director (NED) of the company. Companies House recorded the appointment effective from 24 October 2022. Mr Barblett has more than 25 years of senior management experience across numerous sectors. He is an experienced director and adviser for private and listed companies, in relation to raising […]
Teathers to be renamed Uranium Energy Exploration
Power Metal Resources plc’s planned new uranium-focused subsidiary Teathers Financial plc will be renamed as Uranium Energy Exploration plc (UEE). LISTING The change will come into force after completion of UEE’s acquisition of Power Metal’s Reitenbach property east of the Athabasca basin in Saskatchewan. The new name will also be used for the subsidiary’s planned listing in London. […]