Wellfield | Jotup

enCore Energy Announces Full Conversion of US $20 Million Promissory Note; Zero Debt as Uranium Production Continues in South Texas

Retrieved on:

Montag, Februar 12, 2024

Acquisition, USD, Uranium, Encore, Ion exchange, Note, Wellfield, JV, Uranium mining

Pursuant to the conversion of the Note, the Company issued 6,872,143 common shares to the holder.

Key Points:

Pursuant to the conversion of the Note, the Company issued 6,872,143 common shares to the holder.
U3O8 between 2005 and 2013, when full production was curtailed as a result of low uranium prices.
enCore has met most of the key objectives for the refurbishment of the processing circuits necessary for the planned early 2024 restart.
All necessary equipment for the start-up of production in the PAA-7 wellfield has been received or has been ordered with a confirmed delivery schedule.

enCore Energy Enters US$70 Million Transaction with Boss Energy; Proceeds to Accelerate Company-Wide Uranium Production Plans

Retrieved on:

Mittwoch, Dezember 6, 2023

The transaction, expected to be completed in February 2024, provides enCore with the financial capacity to significantly accelerate its uranium production pipeline across South Texas through the development of multiple satellite operations.

Key Points:

The transaction, expected to be completed in February 2024, provides enCore with the financial capacity to significantly accelerate its uranium production pipeline across South Texas through the development of multiple satellite operations.
William M. Sheriff, enCore's Executive Chair, stated: "enCore is eager to accelerate its production and development activities across our entire portfolio of assets.
This transaction provides enCore with proceeds of US$70 million on closing, giving us the financial flexibility to ramp up our efforts in Texas, Wyoming and South Dakota.
The JV Company will distribute uranium from production at Alta Mesa on a pro-rata basis to enCore and Boss Energy's ownership interest.

enCore Energy Provides Alta Mesa Uranium CPP Debt Repayment and At-The-Market Offering Update

Retrieved on:

Dienstag, November 14, 2023

Pressure, Acquisition, NYSE, Mineral, ISR, Energy & Fuels, Energy, USD, Uranium, Oxygen, ATM, CPP, Bank, Uranium mining, Building, Alta Mesa AVA, Wellfield

The current principal balance of the debt on the Alta Mesa CPP now stands at $20,000,000 USD with a due date of February 14, 2025.

Key Points:

The current principal balance of the debt on the Alta Mesa CPP now stands at $20,000,000 USD with a due date of February 14, 2025.
Funds used to pay down the debt to Energy Fuels were received through sales under the Company's At-the-Market (ATM) equity offering program.
Alta Mesa will be enCore's second producing location following resumption of uranium production at the South Texas Rosita CPP scheduled for 2023 with a planned 2024 start date for the Alta Mesa CPP.
Alta Mesa CPP and Wellfield highlights include:
The Alta Mesa CPP is enCore's third fully licensed production facility, along with the Rosita and Kingsville Dome CPP's, all located in the business-friendly state of Texas.

enCore Energy Announces License Renewal for the South Texas ISR Uranium Central Processing Plants (CPP)

Retrieved on:

Montag, November 6, 2023

DALLAS, TX, Nov. 6, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today announced the approval of the renewal of the Radioactive Materials License ("License") for enCore's combined South Texas In-Situ Recovery ("ISR") Uranium Central Processing Plants ("CPP") at its Rosita, Kingsville Dome, and Vasquez uranium projects.

Key Points:

DALLAS, TX, Nov. 6, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today announced the approval of the renewal of the Radioactive Materials License ("License") for enCore's combined South Texas In-Situ Recovery ("ISR") Uranium Central Processing Plants ("CPP") at its Rosita, Kingsville Dome, and Vasquez uranium projects.
With the renewal, enCore also expects to be resuming uranium production at its Rosita CPP before the end of November 2023, as previously announced (Oct 4, 2023) .
The uranium bearing ion exchange (IX) resin will be processed into yellowcake uranium produced at the Rosita CPP marking the first new uranium production in Texas in over a decade.
enCore Energy owns and operates three of the four uranium production facilities in Texas, each fully licensed and constructed, 100%-owned, and past-producing.

enCore Energy Provides Update on the Rosita & Alta Mesa ISR Uranium Central Processing Plants and Debt Repayment

Retrieved on:

Mittwoch, Oktober 4, 2023

EU, Uranium, Encore, Rosita, ISR, NYSE American, USD, ATM, CPP, Alta Mesa AVA, NI, Filtration, News, NYSE, Rare-earth element, Uranium mining, Wellfield, Geology

DALLAS, Oct. 4, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today provides an update from the South Texas Rosita In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield.

Key Points:

DALLAS, Oct. 4, 2023 /PRNewswire/ - enCore Energy Corp. (NYSE American: EU) (TSXV: EU) (the "Company" or "enCore") today provides an update from the South Texas Rosita In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield.
The Alta Mesa CPP remains on track for production in Q1/2024 with key staffing in place for both facilities.
The Company also announces it has repaid a total of $20 million USD of the $60 million USD Alta Mesa debt, to Energy Fuels Inc., reducing the debt to $40 million USD.
The Rosita ISR Uranium Central Processing Plant (Rosita CPP) and Wellfield is enCore's initial focus for production in 2023.

5E Advanced Materials Reports Full Year 2023 Results

Retrieved on:

Mittwoch, August 30, 2023

Climate, Technical report, Boron, Utility, ASX, Government, United States Environmental Protection Agency, Critical infrastructure, EPA, PLS, Complex, Lithium carbonate, Lithium, 5E, Construction, Wellfield

HESPERIA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, today announced its financial results for its 2023 fiscal year ended June 30, 2023.

Key Points:

HESPERIA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, today announced its financial results for its 2023 fiscal year ended June 30, 2023.
The results of the step rate testing are the final deliverable required by the EPA for them to authorize 5E to commence mining.
With the completion of the SSBF, 5E is set to become the newest domestic producer of boric acid and lithium carbonate.
In May 2023, 5E released the results of its Technical Report Summary detailing out the three phases of construction designed to ultimately bring 450,000stpa of boric acid and 5,500stpa of lithium carbonate in the U.S. and global markets.

Wellfield Announces $19 Million Preliminary Unaudited Revenue in Q3 2022 - Launches Global Growth Strategy

Retrieved on:

Freitag, Oktober 21, 2022

Bitcoin, Ethereum, LinkedIn, FSE, Trustpilot, Twitter, Technology, Company, Acquisition, Industry, WFLD, CEO, Solution, Cryptocurrency, Q4, Wellfield

Toronto, Ontario--(Newsfile Corp. - October 21, 2022) - Wellfield Technologies, Inc. (TSXV: WFLD) (FSE: K8D) (the "Company" or "Wellfield"), today announced Preliminary Unaudited Revenue of $19 million for the three-month period ended September 30, 2022. This compares to revenue of $5.7 million in Q2 2022 (includes one month of Coinmama results), and nil revenue in Q1 2022. The Company will release its full financial results for the third quarter during the final week of November. All figures in this press release are in Canadian Dollars ($)

Key Points:

Q3 2022 is the first period that includes full quarter results from Coinmama, which the Wellfield acquired at the end of May 2022.
Toronto, Ontario--(Newsfile Corp. - October 21, 2022) - Wellfield Technologies, Inc. (TSXV: WFLD) (FSE: K8D) (the "Company" or "Wellfield"), today announced Preliminary Unaudited Revenue of $19 million for the three-month period ended September 30, 2022.
This compares to revenue of $5.7 million in Q2 2022 (includes one month of Coinmama results), and nil revenue in Q1 2022.
Our global growth strategy to drive both short-term success and sustainable recurring revenues on this foundation is straightforward and achievable.

Wellfield Reports Financial Results for the Second Quarter Ended June 30, 2022

Retrieved on:

Dienstag, August 30, 2022

Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Wellfield Technologies, Inc. (TSXV: WFLD) (FSE: K8D) (the "Company" or "Wellfield"), today reported financial results for the quarter ended June 30, 2022. All currency references used in this news release are in Canadian dollars ($) unless otherwise noted.

Key Points:

The initial operational integration of Coinmama into Wellfield is complete, including the rebranding of the MoneyClip mobile financial application to Coinmama.
Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Wellfield Technologies, Inc. (TSXV: WFLD) (FSE: K8D) (the "Company" or "Wellfield"), today reported financial results for the quarter ended June 30, 2022.
The acquisition of Coinmama will be reflected for the full quarter in Wellfield's Q3 2022 financial results.
Wellfield builds advanced technology that uses blockchain to create the next generation of financial solutions for institutions and consumers.

Excelsior Mining Announces Interim Assay Results from the JCM Infill Drill Program

Retrieved on:

Mittwoch, Juni 22, 2022

Solution, Wellfield, COVID-19, Water, Risk, Accident, Phrase, Technology, PLS, View, Compliance, Cochise, CEO, Insurance, Company, JCM, NI, Work, Connected health, AG, Gunnison, CO2, Lead, Intention, News, Mining, Workforce, Copper, PFS, Multimedia, SX-EW, Risk management, Oil, Online shopping, Excelsior

Selection criteria will be focused on rapid, low-cost solutions to demonstrate that the technology is effective in solving the wellfield challenges.

Key Points:

Selection criteria will be focused on rapid, low-cost solutions to demonstrate that the technology is effective in solving the wellfield challenges.
Excelsior intends to undertake a more comprehensive evaluation of the oxide and sulfide potential of its mineral resource and mining assets.
Mr. Twyerould has verified that the results were accurate from the official assay certificates provided to Excelsior.
Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

Wellfield to Acquire Coinmama - Trusted Brand, over US$130M in Annual Sales, more than 3.5M Registered Users and Established Global Infrastructure - Enables Rapid Launch of DeFi Services at Scale

Retrieved on:

Donnerstag, März 24, 2022

Coinmama currently has more than 3.5 million registered users,each of which has undergone regulatory verification and transacted on the platform.

Key Points:

Coinmama currently has more than 3.5 million registered users,each of which has undergone regulatory verification and transacted on the platform.
Chanan Steinhart, Chief Strategy and Business Development Officer of Wellfieldadded, "We are very excited to welcome Coinmama to Wellfield.
These users are engaged withCoinmama and alreadylooking for access to DeFi services delivered by a trusted party.
Enables rapid launch of DeFi products and services, at scale Coinmama brings Wellfield over 3.5 million registered users, each of which has undergone regulatory verification and transacted on the platform.