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Bullboard - Stock Discussion Forum Kraken Energy Corp C.UUSA

Alternate Symbol(s):  UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the United States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the... see more

CSE:UUSA - Post Discussion

Kraken Energy Corp > US Uranium demand and $IVOR PP
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Post by StockHawk1 on Mar 23, 2022 5:55pm

US Uranium demand and $IVOR PP

With increasing geopolitical instability and sanctions on Russia, domestic uranium production is becoming even more important for the USA who has only produced <1% of its annual requirement met by domestic producers. The remaining 99% of uranium is imported. (more here: https://oilprice.com/Energy/Energy-General/Russias-Proposed-Ban-On-Uranium-Exports-Sends-Stocks-Soaring.amp.html)


Considering this now is the time IMO to invest in companies with American uranium assets like Ivor Exploration Inc. ($IVOR.c).


$IVOR closed up 7.14% today. A couple days ago the company closed a non-brokered private placement of for gross proceeds of almost $2.5M


The net proceeds from the PP will be used for general corporate purposes and on the $IVOR's properties.


Full details here: https://ca.finance.yahoo.com/news/ivor-exploration-announces-closing-private-113000920.html


$IVOR @ $0.90

MC $10.602M

 
Comment by gossamer7 on Mar 24, 2022 1:24am
This post has been removed in accordance with Community Policy