Unity’s Waterbury Lake Project covers an area of 1856 hectares, and is extremely accessible with road access to the property and is only 9 kms away from Areva Resources and Denison Mines’ Midwest Mine. Meanwhile, Unity is seemingly under the radar, compared to Fission, but location-wise has a significant land position in the same ballpark. But with its announcement to commence its $7.3 million, 25,000m exploration program at Waterbury Lake, more information is coming soon on Fission’s flagship property. Fission stock almost returned to the $1 mark in mid November through a private placement before clawing back to the $0.80 mark where it is now, and where it was in January. In the post-Fukushima effected market, these uranium juniors are indeed poised to make some ground, especially with the vote of confidence coming from Rio Tinto for the region.įor Fission, positive results have allowed the company to hang on, after suffering the drop in share price from Fukushima’s fallout. Among those with interesting positioning, especially in the fabled Waterbury Lake region, are Fission Energy and Unity Energy . This kind of synchronicity could bode well for the Athabasca basin’s other players, many of which are now neighbours of both Cameco and Rio Tinto. Cameco’s Cigar Lake project, which will take considerable time to come on line, adds to the Company’s immediate need for millfeed to avoid being decommissioned and reclaimed. According to a Montreal Gazette interview with Canadian uranium player Strateco Resources’ CEO, Guy Hébert, the industry believes Rio Tinto and Cameco will make a joint-venture to process Hathor’s future ore within Cameco’s underutilized facilities. Though today they appear as competitors, tomorrow could look quite different for Rio Tinto and Cameco. 4, 2022.Yet Cameco balked at going higher, opting to let its $4.50/share offer lapse and focus its efforts on doubling annual uranium production to a rate of 40 million pounds by 2018.īut as the world’s demand for uranium, and in this case Canadian uranium, increases on account of bullish indicators (like China’s plans to increase its capacity four-fold over the next decade), the acquisition of Hathor may not be the end of takeover activity in the Athabasca basin. This report by The Canadian Press was first published Feb. Airbus does not expect the program to be profitable before 2025. The French company had until 2026 to buy the government shares but the investment postpones the buyout until 2030.
#Fission uranium buyout series
Bombardier sold its remaining investment in the old C Series program in 2020, about two years after it shed a controlling stake in the program for $1. Airbus is investing an additional US$900 million to maintain its 75 per cent stake in the 110 to 130-seat plane assembled in Mirabel and Mobile, Ala. As of March 31, 2021, Investissement Québec estimated the value of this investment to be nil.
Quebec's minority stake stemmed from its initial US$1 billion investment in the program in 2016. By injecting more funds into the program, the government wants to avoid seeing its investment diluted by a next round of financing led by Airbus, which purchased the program from Bombardier Inc. Quebec is maintaining a 25 per cent stake in the old C Series commercial jet program and at least 2,500 full-time jobs in the province by investing US$300 million more in the Airbus A220 aircraft. Up 22 cents, or 4.4 per cent, to $5.22 on 9.1 million shares.īombardier Inc. Up two cents, or 2.7 per cent, to 75 cents on 9.4 million shares.īaytex Energy Corp. Unchanged at 30 cents on 11.3 million shares.įission Uranium Corp.
Down 46 cents, or 1.2 per cent, to $36.64 on 12.3 million shares.
Up two cents, or 1.4 per cent, to $1.46 on 12.8 million shares. Up six cents, or 4.2 per cent, to $1.50 on 14.2 million shares.Īthabasca Oil Corp. Toronto Stock Exchange (21,271.85, up 177.84 points.)ĭenison Mines Corp. TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange: