News Breaks Archive - Page 2 of 3

ThursdayMay 29, 2025 11:30 am

EnergyNewsBreaks – Vivakor, Inc. (NASDAQ: VIVK) Reports 133% Revenue Growth and Record Asset Utilization in Q1 2025

Vivakor (NASDAQ: VIVK) reported financial results for the first quarter of 2025, highlighted by a 133% year-over-year revenue increase to $37.3 million and a 345% jump in gross profit to $4.8 million, driven largely by contributions from its recently acquired Endeavor Entities. Despite a net loss of $7.5 million due to $8.2 million in non-cash expenses, the company posted positive adjusted EBITDA of $319,000 and maintains strong momentum in its core logistics and terminaling businesses. CEO James Ballengee noted that 2025 is shaping up to be a record year as contracted assets reach peak revenue levels and expansion plans are…

ThursdayMay 29, 2025 10:30 am

EnergyNewsBreaks – NANO Nuclear Energy Inc. (NASDAQ: NNE) Announces $105 Million Private Placement to Fuel Reactor Development

NANO Nuclear Energy (NASDAQ: NNE), has entered into a definitive securities purchase agreement with institutional investors for a private placement totaling $105 million, involving the sale of 3,888,889 shares of common stock at $27.00 per share. The financing includes participation from several prominent institutions, including a leading long-only mutual fund and a global investment manager. Expected to close on or about May 28, the offering would raise NANO Nuclear’s cash position to over $200 million, which the company plans to use to advance its micro nuclear reactor programs, support related energy ventures, pursue acquisitions, and drive toward initial revenue. To…

TuesdayMay 27, 2025 10:34 am

EnergyNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 6.9 MW Community Solar Project in Nova Scotia

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) will develop the 6.9 MW DC Brooklyn solar project in Nova Scotia under Canada’s first Community Solar Program. Owned by AI Renewable Fund, the $13.9 million project will be built in partnership with local firm Trimac Engineering. The program supports Nova Scotia’s goal of reaching 80% renewable energy by 2030 and net-zero by 2035. SolarBank will oversee interconnection, permitting, and design through 2025, with construction expected to begin in spring 2026. The company also disclosed a shares-for-services agreement with an independent advisor valued at up to…

ThursdayMay 22, 2025 9:57 am

EnergyNewsBreaks – Fusion Fuel Green PLC (NASDAQ: HTOO) Subsidiary Al Shola Gas Secures $2.7M in Engineering Contracts, Expands UAE Utility Portfolio

Fusion Fuel Green (NASDAQ: HTOO) announced its majority-owned subsidiary, Al Shola Al Modea Gas Distribution LLC (“Al Shola Gas”), secured approximately $2.7 million in new engineering contracts since March 2025. Additionally, the subsidiary added more than 1,800 residential service contracts and two commercial contracts since January, boosting expected recurring revenue by over $900,000. Al Shola Gas now serves over 12,000 customers and supplies more than 600 MT of LPG monthly, with plans to reach 800 MT by year-end. To view the full press release, visit https://ibn.fm/d4uPv About Fusion Fuel Green PLC Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging…

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…

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