Company Moves Exploration & Mining News

Teathers changes name to Uranium Energy Exploration

Teathers Financial Ltd has changed its name to Uranium Energy Exploration plc. Companies House recorded the change effective on 8 March 2024. The directors remain the same as Alexander Barblett, accountant Mario Visconti and Power Metal Resources plc chief executive Sean Wade. Power Metal previously conditionally sold two of its Athabasca uranium properties, Reitenbach and […]

Exploration & Mining Finance News

Power Metal uranium subsidiary raises £421,500

Power Metal Resources plc uranium-focused subsidiary has completed a pre-IPO financing of £421,500 for its planned listing during the first half of 2024. EXPECTATIONS Teathers Financial plc, to be renamed as Uranium Energy Exploration plc (UEE), raised the funds at 1.241135p per Teathers new ordinary share. It conditionally acquired the Reitenbach and E-12 Uranium properties in 2022 […]

Exploration & Mining News

Power Metal conditionally sells second uranium asset

Power Metal Resources plc has conditionally sold its second uranium property, 100% owned E-12, immediately south of the prolific Athabasca Basin in Northern Saskatchewan, Canada. E-12 TERMS The 13km2 property is under acquisition by Teathers Financial plc, subject to 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, […]

Company Moves Exploration & Mining News

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 […]

Exploration & Mining News

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. […]