Latest Uranium Assets News

Toro Energy’s takeover by IsoEnergy has officially become effective following Federal Court approval, setting key dates for share trading suspension and scheme implementation.

The Federal Court of Australia has approved IsoEnergy's acquisition of Toro Energy, setting the stage for Toro's shares to be suspended and the deal to complete later this month.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

Atomic Eagle has sharpened its uranium exploration focus at Muntanga North, Zambia, completing 53 of 80 planned line kilometres of ground radiometric surveys that confirm and refine large-scale anomalies. Drilling is set to begin imminently on these high-priority targets.

Atomic Eagle’s initial drilling results at Chisebuka reveal a significant expansion of a higher-grade uranium zone, reinforcing the company’s 2026 resource growth ambitions at its flagship Muntanga Project in Zambia.

American Uranium Limited has pushed back the closing date of its $2.59 million rights issue to 3 June 2026 after resolving a BPAY payment issue, giving shareholders more time to participate. The company also reaffirmed its Wyoming uranium resource estimates with no material changes.

American Uranium has started drilling the final 55 holes at its Lo Herma uranium project in Wyoming, aiming to expand and upgrade resources before a planned Q3 2026 Mineral Resource update and Scoping Study.

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

Toro Energy shareholders face a pivotal vote on a takeover scheme by IsoEnergy, offering a near 80% premium and access to a diversified uranium portfolio across Australia, Canada, and the US.

Infini Resources has kicked off its inaugural diamond drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects, targeting high-grade zones including the Titus Prospect. The program aims to unlock a large, underexplored uranium system on the Athabasca Basin's eastern margin.