Uranium Energy Corp To Acquire UEX Corp For $0.43 Per Share In All Stock Deal
Uranium Energy Corp (NYSE: UEC) this morning continued to execute on its strategy of growth by acquisition. The firm has entered into a definitive agreement to acquire UEX Corporation (TSX: UEX), a Canada-focused exploration firm holding a large portfolio of assets. “This opportunity provides entry into two of Canada’s most prospective uranium districts in Saskatchewan and Nunavut, and cements UEC’s […]
Elon Musk Accuses Twitter of Breaching Merger Agreement by Refusing to Reveal Fake Bot Info
The strife between Elon Musk and Twitter (NYSE: TWTR) continues: on Monday, the Tesla CEO accused the social media giant of breaching its merger agreement by refusing to hand over details surrounding the number of spam accounts on the platform. According to an SEC filing, Musk said Twitter is “actively resisting and thwarting his information […]
Uranium Energy Corp: Haywood Reiterates $6.60 Target, Top Pick Rating
On June 8th, Uranium Energy Corp (NYSE: UEC) announced that it had closed a number of transactions. Firstly the company announced that Anfield Energy (TSXV: AEC) settled debt that UEC became the beneficiary of as a result of the acquisition of Uranium One Americas for $18.34 million. The company notes that it will have over […]
Geico Might Need To Pay A Woman US$5.2 Million After She Caught STD In Car
Surely, Geico’s “an insurance company for your car and more.” Or at least that is what a Jackson County woman wants it to be after Missouri’s court of appeals upheld a US$5.2 million judgment against the insurance company. The woman, identified in court documents only as “M.O.,” claimed that she unknowingly caught HPV, or the […]
Canadian Diamonds: Is A Resurgence On The Very Near Horizon?
The largest North American staking rush since the 1896 Yukon gold discovery occurred after the discovery of diamond-bearing kimberlite clusters in the Lac de Gras region of the Northwest Territories (NWT) in 1991. Geologists Dr. Charles Fipke and Dr. Stewart Blusson had been prospecting for diamonds throughout the 1980s, seeking to find the source of […]
Saudi Arabia Mulls Building Gold Refineries to Cut Down on Foreign Processing Costs
Saudi Arabia is considering building its own gold refineries in an effort to reduce costs associated with sending the precious metal abroad for refining. In an interview with CNBC Arabia TV, head of Precious Metals & Gemstones National Committee at the Saudi Council of Chambers Karim Al Enezi said that the kingdom is looking into […]
European Central Bank Significantly Raises Inflation Forecast, Signals More Aggressive Rate Hikes
The European Central Bank has found itself in a very tough spot: with entrenched price pressures sitting at jaw-dropping levels and economic output slowing, Europe’s inflation problem— which was already unravelling long before Russia invaded Ukraine— has backed policy makers into the corner, as they must raise rates a lot more rapidly while risking slowing […]
Eye-Popping 2021 Pay Packages Awarded To CEOs Of Start-Up EV Makers Is Tough To Swallow
The stocks of many start-up electric vehicle (EV) companies are difficult to analyze, value and trade. Indeed, many EV OEMs exploded higher in the early fall of 2021 and have fallen just as hard since. It appears that their Board compensation committees are even tougher to understand — and indifferent to the goals and interests of their […]
North Carolina Senators Propose $200 Gasoline Rebate to Ease Inflation Woes
Defying the laws of economics, a group of lawmakers from North Carolina are proposing to fight energy inflation by… handing out more cash to consumers? Yes, you read that right: as reported by Wral.com, senators from North Carolina are looking to hand out one-time $200 payments to all adult drivers in the state to help […]
Former NATO Chief: Ukraine War Lays Ground for ‘New World Order’
The ongoing conflict in Ukraine is laying down the groundwork for a “new world order” that polarizes two superpowers led by the US and China. According to ex-NATO secretary-general and former Danish prime minister Anders Fogh Rasmussen, Russia’s war in Ukraine is accelerating a new paradigm where Western powers become even more polarized against the […]