UVA - Uvre Limited

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Uvre Limited is a mineral exploration company focused on pursuing uranium, vanadium and other energy and new world mineral opportunities (i.e. technology and low emission related minerals essential to the decarbonisation and electrification of the global economy).

The Company has agreed to acquire Vanacorp Aust Pty Ltd, the beneficial owner of 100% of the East Canyon Uranium Vanadium Project in Utah, from Red Dirt Metals Limited (RDT).

The East Canyon uranium-vanadium project comprises 231 contiguous claims (~4,620 acres/18.7km2) prospective for uranium and vanadium in the Dry Valley/East Canyon mining district of south-eastern Utah, USA (the Claims).

The Uravan Mineral Belt and surrounding Salt Wash ore producing districts of the Colorado Plateau, which hosts the Claims, has been an important source of uranium and vanadium in the US for more than 100 years, with historic production of more than 85 million pounds of uranium at an average grade of more than 0.13% U₃O₈ and more than 440 million pounds of vanadium at an average grade of 1.25% V₂O₅

It is anticipated that UVA will list on the ASX during May 2022.

Uvre Limited

uvrelimited.com

 

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Listing date	30 May 2022 ; 11:00 AM AEST ##
Company contact details	https://uvrelimited.com/ Ph: + 61 8 9322 7600
Principal Activities	Mining exploration
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	UVA
Capital to be Raised	$6,000,000
Expected offer close date	17 May 2022
Underwriter	Not underwritten. JP Equity Holdings Pty Ltd (Lead Manager).

 

[Dona Ferentes]

no posts since IPO ... Uranium
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About Uvre
Uvre Limited (ASX Code: UVA) is a new critical minerals exploration company based in Perth, WA. Uvre’s initial evaluation and exploration focus will be directed at the East Canyon Project which is located in close proximity to established mining operations and infrastructure in south-east Utah, USA. The East Canyon Project is prospective for both uranium and vanadium, two minerals anticipated to play a key role in the generation and storage of low-carbon energy. The Uravan Mineral Belt and surrounding Salt Wash ore producing districts of the Colorado Plateau, which hosts the East Canyon Project, have been an important source of uranium and vanadium in the US for more than 100 years.
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since listing

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and now, boots on the ground