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 […]
Tag: Uranium Energy Exploration plc
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 […]
Power Metal finds ‘significant’ uranium anomalies
Power Metal Resources plc reported “significant” uranium prospectivity at the Tait Hill property at the Athabasca Basin in Saskatchewan, Canada. MULLIS LAKE During the 2023 field season at the property’s Mullis Lake target, the company found uranium anomalies of up to 164ppm in soil. The figure is “strongly coincident” with radon anomalies found in October […]
Power Metal extends uranium assets into Athabasca
Power Metal Resources plc has extended its uranium portfolio to within the Athabasca Basin ahead of beginning its largest exploration campaign in Saskatchewan. PERCH RIVER The two-year Perch River licences, covering 39.41km2, lie less than 10km from the northern Athabasca basin edge and are covered by Athabasca sandstone to an estimated depth of 50 to 200m. A […]
Power Metal conditionally sells second uranium asset
Power Metal Resources plc has conditionally sold its second uranium property of E-12, immediately south of the Athabasca Basin in Northern Saskatchewan, Canada. TEATHERS The 13km2 property is under acquisition by Teathers Financial plc, subject to its 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, and […]
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 […]