News Breaks Archive - EnergyWireNews

ThursdayMay 01, 2025 9:30 am

EnergyNewsBreaks – Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) Discovers Uranium at Hatchet Lake Project in Athabasca Basin

Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) announced a uranium discovery at its Hatchet Lake project in Saskatchewan’s Athabasca Basin, with drill hole TF-25-16 intersecting 0.10% eU₃O₈ over 6.5 meters. The mineralization lies within a 15-meter alteration zone and is open along and across strike. This marks the first field program under Foremost’s option agreement with Denison Mines and highlights the value of leveraging Denison’s historical exploration to prioritize high-potential targets. The ongoing winter drill campaign will now focus on follow-up work and additional targets defined through prior geophysics. To view the full press release, visit https://ibn.fm/4ZkNF About Foremost Clean Energy…

ThursdayMay 01, 2025 9:00 am

EnergyNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Hits Record Uranium Production, Reports High-Grade Drill Results at Pinyon Plain

Energy Fuels (NYSE American: UUUU) (TSX: EFR) reported record uranium mining rates at its Pinyon Plain mine in April, extracting 4,604 tons of ore containing approximately 151,400 pounds of uranium at an average grade of 1.64% eU₃O₈. This marks the highest monthly production since mining began and suggests significantly greater uranium yields than previously estimated. The company also released promising drill results from the Juniper Zone, including intercepts as high as 20.11% eU₃O₈. CEO Mark Chalmers stated these results could lead to increased reserves, lower costs and position Pinyon Plain as the leading U.S. uranium mine in the coming years. To…

MondayApr 28, 2025 9:01 am

EnergyNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Secures Debentureholder Approval for Debt Settlement and Extension

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) announced that holders of its 12.0% convertible debentures have approved amendments including the extension of the maturity date from April 30, 2025, to July 31, 2025, and settlement of $899,940 in accrued interest through the issuance of 27,270,910 common shares at $0.033 per share. Debentureholders will also receive an $85,000 extension fee in shares. Separately, the company plans to issue 1,735,000 shares to settle $57,255 of consultant debt. All share issuances are subject to regulatory approvals. To view the full article, visit https://ibn.fm/HXwQA About Trillion Energy International Inc. Trillion Energy is focused on oil and…

FridayApr 25, 2025 9:30 am

EnergyNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Reports 12% Increase in Year-End 2024 Natural Gas Reserves

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a natural gas and oil producer, announced highlights from its December 31, 2024, year-end reserve report, showing a 12% increase in total proved plus probable conventional natural gas reserves to 62.3 Bcf. The net present value discounted at 10% (NPV10%) of total proved plus probable reserves reached USD $363.6 million, equating to USD $2.98 per common share. Meanwhile, the NPV10% of total proved reserves decreased by 20% to USD $106.8 million. Total proved plus probable plus possible reserves were valued at USD $630.1 million, and oil reserves at the Cendere field grew slightly to…

ThursdayApr 17, 2025 10:35 am

EnergyNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) CEO Amir Adnani Appointed to World Nuclear Association Board

Uranium Energy (NYSE American: UEC) announced that its Founder, President and CEO Amir Adnani has been appointed to the Board of Management of the World Nuclear Association. The WNA, representing 70% of global nuclear generation, connects industry leaders and sets strategic direction for the sector. Adnani’s appointment comes as the global community pushes to triple nuclear capacity by 2050, positioning him to help guide policy and growth at a critical time for clean energy advancement. To view the full press release, visit https://ibn.fm/VdSGT About Uranium Energy Corp. Uranium Energy is the fastest growing supplier of the fuel for the green energy…

MondayJan 06, 2025 10:29 am

EnergyNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Advances SASB Field Gas Production with Well Enhancements

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has successfully installed 2 3/8” velocity string tubing in the Alapli-2 natural gas well, a key step in optimizing long-term gas production at the SASB field. The snubbing unit will next be transported to the East Ayazli tripod for a similar installation in the Bayhanli-2 well, expected to conclude within seven days, weather permitting. Following these operations, nitrogen stimulation will be conducted on both wells to further enhance production performance. To view the full article, visit https://ibn.fm/O5q0D About Trillion Energy International Inc. Trillion Energy is focused on oil and natural gas production for Europe and…

SundayOct 27, 2024 11:41 am

EnergyNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Discusses Completed Acquisition of Base Resources During Conference Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), an industry leader in the U.S. production of uranium and rare earth elements (“REE”) hosted a conference call this morning. The call began at 9 a.m. ET and focused on the company’s recently completed acquisition of Base Resources Limited. Mark Chalmers, Energy Fuels president and CEO, was joined by Tim Carstens, managing director of Base Resources, on the call, which included time for questions and answers. A replay of the call is available until Oct. 14, 2024, by dialing 1-289-819-1450 in Toronto or 1-888-660-6345 (toll free in North America), then use entry code 95890#.…

ThursdayAug 29, 2024 11:52 am

EnergyNewsBreaks – Correlate Energy Corp. (CIPI) Facilitating Global Transition Toward Solar

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is strategically positioned to capitalize on America’s unstoppable trend toward decentralized energy generation. “With its unique market positioning, Correlate is facilitating the global solar energy transition, offering important additional benefits associated with its adoption, encouraging profitability and overall sustainability while reducing carbon footprint. So far, Correlate has developed, financed and deployed over $2 billion in clean energy projects, a testament to the interest in its sustainable energy solutions. The company has achieved this by establishing decentralized systems, building and selling localized clean energy…

MondayMay 06, 2024 1:55 pm

EnergyNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Announces Filing of Patent Application in Spain for Sunbox Commercial, Industrial Product

Turbo Energy S.A. (NASDAQ: TURB), a leader in the field of photovoltaic energy storage, has filed a patent application with the Spanish Patent and Trademark Office (“OEPM”); the patent covers Turbo’s Sunbox Commercial & Industrial (“Sunbox C&I”) product, which is already available on the market. The Sunbox product is designed to provide the most efficient, adaptable solution for both isolated and grid-connected projects. The Sunbox C&I software allows Turbo Energy’s proprietary technology to be combined with any previously operational facility, allowing for standardization of the system as well as being more cost effective. The Sunbox system is the most efficient…

ThursdayMar 14, 2024 2:27 pm

EnergyNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces 508% Increase in 2023 PDP Reserve Valuation

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) today announced a 508% increase to its proven developed producing (“PDP”) reserve value of 27MM$, reflecting the success of the company’s 2023 development program. In addition, Prospera’s proven plus probable (“2P”) reserve value increased by over 60MM$ to a total of 133MM$ – largely driven by the undeveloped reserve value increase from 58MM$ to $98MM$. InSite Petroleum Consultants Ltd. independently assessed PEI’s Dec. 31, 2023, year-end reserves in accordance with COGEH standards. Using a combination of vertical and horizontal wells, primarily in core assets located in Southwest and West-Central Saskatchewan (>42,000 acres), the…

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