Generation Uranium is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to CAD$550,000. The Company intends to issue up to 11,000,000 million shares at a purchase price of $0.05 per unit. Each unit will be comprised of one common share in the capital of Generation and one full warrant at the exercise price of $0.10. The Company intends to use the net proceeds from the Offering to help [...]
Generation Uranium announces the resignation of CEO and Director, Mr. Anthony Zelen, and is pleased to announce that Mr. Chris Huggins will take over as Interim CEO, and Mr. Christoph Bruening is joining the board of directors. Chris Huggins is a proven leader with over 30 years of success in mineral exploration, capital markets, and business development. Born and raised in Timmins, Ontario-Canada's richest goldfield-he [...]
Generation Uranium is pleased to announce it has applied for a multi-year permit application for drilling and camp use to the Land Use Permit office through Crown-Indigenous Relations and Northern Affairs Canada for approval on its flagship Yath Uranium Project in Nunavut, Canada. The Company intends to commence a comprehensive range of activities at Yath upon receipt of drilling permit. The 123.45 km² Yath Project [...]
Generation Uranium is pleased to announce the acquisition and approval of the Yellow Frog and Pink Toad Uranium Projects on the Angilak Trend in the Yathkyed Basin, Nunavut Territory, Canada. The Acquisitions are contiguous extensions to the Company's flagship Yath Uranium Project to the east and west and effectively extend the land package at Yath by approximately over 45%. Following the Acquisitions, Yath now spans [...]
Generation Uranium is pleased to announce that it has engaged the services of ICP Securities to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was [...]
Generation Uranium is pleased to announce that the recent acquisitions of the Yellow Frog and Pink Toad Uranium Projects on the Angilak Trend in the Yathkyed Basin, Nunavut Territory, Canada resulted in the acquisition of a VIM Uranium Target and the extension of VGR trend. The new targets encompasses 39.25 line-kilometers of historical VLF ground geophysics and features a 2.5 km long conductive fault zone with surface [...]
Today's featured company is a simple story. It's a uranium play. For those of you who have dabbled in the markets for any length of time you may recall that when uranium gets hot interest in companies pegged to yellow cake soars. This is hardly breaking news, just a simple and reflexive approach to market activity and the spot price. For many, uranium companies like Generation Uranium Inc. present an opportunity to play [...]
Generation Uranium is pleased to announce that it has engaged the services of Expert Geophysics Ltd., based out of Aurora, Ontario, to conduct an airborne electromagnetic on its flagship Yath Uranium Project. The survey will use advanced Mobile MagnetoTellurics geoelectrical mapping technology to collect electromagnetic survey data with the most advanced generation of airborne AFMAG technology, based on exploiting natural [...]
Generation Uraniumis pleased to announce that, in preparation for an upcoming diamond drill program in 2025, the Company has initiated the permitting process to engage in advanced exploration activities on its flagship Yath Uranium Project located in Nunavut, Canada. The applications include the recent acquisitions of the Yellow Frog and Pink Toad Uranium Projects, contiguous extensions to Yath on the Angilak Trend in the [...]
Generation Uranium is pleased to announce that its common shares, quoted under the symbol "GENRF" on the OTCQB stock exchange, are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company. DTC eligibility is expected to simplify the process of trading and enhance liquidity of Generation shares in the United States. The DTC is a subsidiary of the Depository Trust [...]
Generation Uranium is pleased to announce that it has entered into a second professional consulting agreement with APEX Geoscience Ltd. to provide geological consulting services with respect to the Yath Uranium Project. The Agreement broadens the scope of work to be provided by APEX and announced by Generation on June 13, 2024. As part of the Agreement, APEX will produce 2D GIS and 3D Micromine digital data compilation [...]
Generation Uranium is pleased to announce that following the recent review on its 100% wholly-owned Yath Uranium Project, the Company has identified several geologically significant areas of interest on the property. The VGR Trend contains radioactive boulders and structures extending over a three-kilometer conductive trend on the property. The Bog Trend is identified as a radioactive outcrop and subcrop, and frost heaved [...]
