Latest news with #PaladinEnergy
Business Insider
15-07-2025
- Business
- Business Insider
Paladin Energy downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley analyst Rahul Anand downgraded Paladin Energy (PALAF) to Equal Weight from Overweight with a price target of A$7.40, up from A$5.70. There is still plenty of 'growth potential', but the stock now looks 'fairly valued', the analyst tells investors in a research note. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
30-06-2025
- Business
- Yahoo
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
PERTH, Australia, June 29, 2025 /CNW/ - The Board of Paladin Energy Ltd (ASX: PDN) (TSX: PDN) (OTCQX: PALAF) (Paladin or the Company) is pleased to announce the appointment of Michele Buchignani as independent non-executive director of the Company. Ms Buchignani is an experienced non-executive director who has extensive senior level expertise in Canada and globally in law, finance, private equity, strategy, executive compensation, compliance and risk management. In her executive career, Michele held senior roles with CIBC World Markets, Ontario's Teacher Pension Plan and a number of major law firms in Canada and Australia. Based in Vancouver, Ms Buchignani's Board and advisory roles have covered a diverse range of public, private and not-for-profit organisations, including TSX-listed Copper Mountain Mining Corporation, TSX Trust Company, a federally regulated trust company, Nasdaq-listed Westport Fuel Systems and others. Paladin Chair Cliff Lawrenson said "Since the acquisition of Fission Uranium we have been focused on bringing a resident Canadian independent non-executive director onto the Paladin Energy Board. Michele's knowledge of the Canadian business environment and public companies, along with her extensive experience as a strategic business leader, will be valuable as we progress development of our Patterson Lake South Project in Saskatchewan's Athabasca Basin." Ms Buchignani's appointment to the Paladin Board is effective 30 June 2025 and election by shareholders will be sought at the 2025 Annual General Meeting. This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd. SOURCE Paladin Energy Ltd View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Sky News AU
25-06-2025
- Business
- Sky News AU
ASX 200 up 0.1 per cent on Wednesday after major Wall Street indexes surge off Iran-Israel ceasefire news
The ASX 200 see-sawed after a surge on Wall Street where investors were buoyed by the ceasefire between Iran and Israel. The index jumped 0.2 per cent before falling throughout the first hour of trading on Wednesday. Defence company DroneShield is up almost 20 per cent after signing a $61m European military deal while gaming manufacturer Light & Wonder has climbed 9.6 per cent and Paladin Energy has risen 3.2 per cent. Investors will be keenly watching Virgin Australia which surged 11.4 per cent above its $2.90 IPO price after hitting the market. The airline has added 2.9 per cent since it began trading on Wednesday, while its main rival Qantas is up 0.2 per cent following a massive surge on Tuesday. The ASX's rise follows Donald Trump on Monday, after trading closed, that Israel and Iran had reached a ceasefire to end their 12-day war. But both sides accused each other of violating the truce on Tuesday, sparking an extraordinary outburst from Trump. "I've got to get Israel to calm down now," Trump said. Iran and Israel had been fighting "so long and so hard that they don't know what the f**k they're doing," the US President added. Wall Street was in the green on Tuesday with the S&P 500 jumping 1.1 per cent, the Nasdaq adding 1.5 per cent and the Dow Jones rising 1.2 per cent. London's FTSE 250 Index rose one per cent, Germany's DAX jumped 1.6 per cent and the STOXX Europe 600 added 1.1 per cent on Tuesday. New Zealand's has zig-zagged since opening on Wednesday while Japan's Nikkei 225 is flat. -With Reuters
Yahoo
24-06-2025
- Business
- Yahoo
F4 Launches Exploration Activities in Western Athabasca Basin
Kelowna, British Columbia--(Newsfile Corp. - June 24, 2025) - F4 Uranium Corp. (TSXV: FFU) (the "Company" or "F4") is pleased to provide information about the first phase of its upcoming 2025 exploration programs, for which planning is underway, to be conducted in the near future on three of its 17 mineral exploration properties located in the western Athabasca Basin region of Saskatchewan. F4's initial focus on the southwestern Athabasca Basin is driven by the string of recent discoveries in the area including F3 Uranium's JR Zone and the PW Area radioactivity, Nexgen Energy's PCE occurrence, and Paladin Energy's Saloon area. These highlight the potential for additional uranium discoveries in the region which is already home to two major uranium deposits; Paladin's Triple R and Nexgen's Arrow. F4's summer exploration work will begin on the Todd Lake and Wales Lake Projects, both along trend of multiple conductive corridors including the Patterson Lake, Saloon and Dickson Trends. Exploration permits are in hand for all the work planned. On June 19, 2025, F4 announced the closure of a non-brokered private placement, raising $1.4 million through the issuance of 14,000,000 flow-through shares, with all proceeds allocated to fund the 2025 summer exploration programs. Todd Lake Property:Todd Lake is located within the Clearwater Domain, an underexplored geological unit where F3 Uranium just recently made a new discovery, less than 10 km north of Todd Lake (see F3 Uranium News Release, April 15, 2025). Todd Lake has no historic ground geophysics or drilling completed. Map 1 below shows the location of Todd Lake in relation to the new F3 "PW" discovery and to the Paladin's Triple R and NexGen's Arrow uranium deposits. These major deposits are located within the Patterson Lake Corridor, which strikes southwest towards Todd Lake. Planning of the summer exploration work on Todd Lake is in progress and will consist of ground electromagnetic (EM) surveys to define drill targets. Wales Lake Project: Consisting of the Wales Lake East and West Properties, it is located approximately 20 km southwest of Paladin's Triple R uranium deposit. At Wales Lake East, airborne and ground geophysics completed previously defined numerous areas of enhanced conductivity and conductors, and 2 drill holes were completed – both of which intersected graphitic conductors. Airborne geophysics is planned for project wide coverage. Approximately five drill holes will follow, testing high priority conductivity targets and following up 2019 drill results. Map 1 - Overview Map of F4's Western Athabasca Project Portfolio To view an enhanced version of this graphic, please visit: Qualified Person The technical information in this news release has been reviewed and approved on behalf of the Company by Sam Hartmann, President & Chief Operation Officer of F4, and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. About F4 Uranium Corp: F4 Uranium is a Canadian uranium exploration company focused on the Athabasca Basin in northern Saskatchewan, and the latest uranium explorer, lead by the same management and exploration team with a legacy of discovery successes. The project portfolio includes 17 wholly owned properties totaling roughly 157,000 ha, many of which are near uranium deposits including Paladin's Triple R, Nexgen Energy's Arrow and IsoEnergy's Hurricane. The assets were spun out of F3 Uranium in 2024, where the technical and management team made their third, and more recently fourth uranium discoveries at Patterson Lake North and Broach Lake. F4's core focus will be split between the west and east sides of the Athabasca Basin as the company is establishing itself as an explorer and project generator providing shareholders renewed exposure at an early stage. Contact Information F4 Uranium Corp.750-1620 Dickson AvenueKelowna, BC V1Y9Y2 Investor RelationsTelephone: 778 484 8030Email: ir@ ON BEHALF OF THE BOARD,"Ray Ashley"Raymond Ashley, CEOF4 Uranium Corp. Forward-Looking Statements This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements". These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Sign in to access your portfolio
Sydney Morning Herald
20-06-2025
- Business
- Sydney Morning Herald
ASX Runners of the Week: Amplia, archTIS and Vanadium Resources
If you were looking for correlation between the seemingly continuous breakouts of military hostilities between nuclear-armed nations and the market - good luck. The ASX continued at near all-time highs this week, pulling back a fraction by Friday, as conflict between Iran and Israel continued to rise. The oil price surged a further 10 per cent this week as Israel turned its focus from Iran's nuclear facilities to targeting its oil and gas infrastructure. Uranium stocks were the week's main winners. Surprisingly, they were not fuelled directly by global drivers, but rather by investment heavyweight Sprott's physical uranium trust purchase of $200 million worth of uranium oxide, which was announced on Monday. The result for uranium stocks on the index was deafening. Uranium miners Boss Energy, Paladin Energy and Deep Yellow were among the most heavily shorted on the ASX, making up three of the top 10 shorted companies. A sharp increase in uranium caused a two-fold effect of en masse buying and short seller panic to close out positions, with the big three uranium stocks all surging up 20 per cent on the day. In a rare shake-up, no Australian-based resource companies feature on this week's Bulls N' Bears' ASX Runners list. Instead, the chocolates went to a groundbreaking Aussie biotech story, which could be on to the makings of one of the biggest breakthroughs in oncology treatment in years. Up 339% (5.7c – 25c) This week's Bulls N' Bears ASX Runner of the Week is biotech trailblazer Amplia Therapeutics, which sent the market into an absolute tailspin thanks to a jaw-dropping set of results from a clinical trial for incredibly nasty pancreatic cancer.
