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Nevada Sunrise Metals Corporation (TSXV: NEV,OTC:NVSGF) (OTC Pink: NVSGF) (‘Nevada Sunrise’ or the ‘Company’) is pleased to announce it has closed a non-brokered private placement (the ‘Offering’) for gross proceeds of $650,000, consisting of 13,000,000 units (the ‘Units’) at a price of $0.05 per Unit, with each Unit comprised of one common share of the Company and one common share purchase warrant (a ‘Warrant’). Each Warrant will entitle the holder to purchase one common share at a price of $0.075 for a period expiring three years from the closing date of the Offering. Due to investor demand, the Offering was increased from $600,000 (12,000,000 Units) (see news release dated October 16, 2025) to $650,000 (13,000,000 Units).

Proceeds of the Offering will be used for:

  • Exploration work on the Company’s Nevada mineral properties;
  • Other mineral property investigations, and general working capital.

The Offering was available to accredited investors and individuals that qualified under certain other statutory exemptions. The securities issued pursuant to the Offering are subject to a statutory hold period expiring March 7, 2026. In connection with the closing of the Offering, the Company paid finder’s fees consisting of a total of $31,500 cash and 630,000 finder’s warrants (each a ‘Finder’s Warrant‘) to Canaccord Genuity Corp. Each Finder’s Warrant is exercisable at a price of $0.075 for a period of three years from the closing date of the Offering. The Offering is subject to acceptance of the TSX Venture Exchange.

This news release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the ‘1933 Act‘) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in the State of Nevada, USA.

Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers (33 miles) southwest of Ely, NV.

Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV.

As a complement to its exploration projects in Esmeralda County, the Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, NV.

For Further Information Contact:

Warren Stanyer, President and Chief Executive Officer
email: warrenstanyer@nevadasunrise.ca
Telephone: (604) 428-8028
Website: www.nevadasunrise.ca

FORWARD LOOKING STATEMENTS

This release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to future plans for the Company’s Nevada mineral properties; reliance on technical information provided by third parties on any of our exploration properties; changes in mineral project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to weather; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled ‘Risk Factors’ in the Company’s Management Discussion and Analysis for the Nine Months ending June 30, 2025, which is available under Company’s SEDAR profile at www.sedarplus.com.

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES

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Apollo Silver Corp. (‘ Apollo Silver ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that the US Department of the Interior has added 10 minerals, including silver, to the US Geological Survey (‘USGS’) 2025 List of Critical Minerals. For the first time, silver is recognized as having growing importance to US economic and national security. This inclusion signals enhanced government focus on securing domestic supply chains through enhanced permitting, subsidies, and strategic stockpiling initiatives.

‘Apollo Silver welcomes the US government’s efforts to strengthen domestic silver mining by placing silver on the USGS List of Critical Minerals,’ stated Ross McElroy, President and CEO of Apollo Silver. ‘This development will not only bring increased investor attention to the sector but will also help boost Apollo’s profile of its Calico Silver Project, which hosts the country’s 2nd largest primary silver deposit in the US. The inclusion of silver on the Critical Minerals List strengthens the project’s case for consideration under the Fast-41 program, a US government initiative aimed at streamlining permitting processes for critical and resource projects. With the US importing 64% of its silver consumption in 2024, this designation emphasizes silver’s strategic value and irreplaceable role across both industrial and defense industries.’

Apollo Silver’s Calico Project, located in San Bernardino County, California, recently announced its updated Mineral Resource Estimate (‘MRE’), with a combined Measured and Indicated total of 55 million tonnes (‘Mt’) at a grade of 71 grams per tonne (‘g/t’) for a total of 125 million ounces (‘Moz’) of silver (‘Ag’), and an Inferred total of 17.6 Mt at a grade of 71g/t Ag for a total of 58 Moz Ag (see Apollo’s news release dated September 4, 2025, and October 16, 2025).

About Critical Minerals

The Energy Act of 2020 defined critical minerals as those commodities that are essential to the economic or national security of the US; have a supply chain that is vulnerable to disruption; and serve an essential function in the manufacturing of a product, the absence of which would have significant consequences for the economic or national security of the US. 1

Qualified Person

The scientific and technical data contained in this news release was reviewed and approved by Isabelle Lépine, M.Sc., P.Geo., Apollo Silver’s Director, Mineral Resources. Ms. Lépine is a registered professional geologist in British Columbia and a QP as defined by NI 43-101 and is not independent of the Company.

ABOUT Apollo Silver Corp.

Apollo Silver is advancing the second largest undeveloped primary silver projects in the US. The Calico Project hosts a large, bulk minable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo Silver is well positioned to advance the assets and deliver value through exploration and development.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com

Telephone: +1 (604) 428-6128

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

1 https://www.usgs.gov/programs/mineral-resources-program/science/about-2025-list-critical-minerals

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Adrian Day, president of Adrian Day Asset Management, shares his thoughts on gold’s price pullback, saying he currently sees no evidence of a top.

‘It’s perfectly normal in middle of a bull market to have a significant correction. This really isn’t even a correction yet, let’s not forget that. This is just a pullback,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Rick Rule, proprietor at Rule Investment Media, recently sold 25 percent of his junior gold stocks, redeploying the funds into physical gold, as well as Franco-Nevada (TSX:FNV,NYSE:FNV), Wheaton Precious Metals (TSX:WPM,NYSE:WPM) and Agnico Eagle Mines (TSX:AEM,NYSE:AEM).

In addition to those large gold companies, he also bought oil stocks.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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(TheNewswire)

Noble Mineral Exploration Inc.

TORONTO, November 6, 2025 TheNewswire – Noble Mineral Exploration Inc. (‘ Noble ‘ or the ‘ Company ‘) (TSXV: NOB,OTC:NLPXF) (OTCQB: NLPXF) is proposing to extend the term of a total of 7,933,3333 common share purchase warrants that were issued as part of two of the Company’s previously completed private placements.

A total of 3,125,000 of these warrants were issued on November 21, 2022 and December 1, 2022 and are exercisable at $0.11 per common share of Noble (the ‘ 2022 Warrants ‘). The 2022 Warrants are originally set to expire three years after their respective dates of issuance. The Company is proposing to extend those expiry dates to November 21, 2027 and December 1, 2027.

The remaining 4,808,333 warrants were issued on December 7, 2023, December 21, 2023, and December 22, 2023 and are exercisable at $0.125 per common share of Noble (the ‘ 2023 Warrants ‘, collectively with the 2022 Warrants, the ‘ Warrants ‘). The 2023 Warrants are originally set to expire two years after their respective dates of issuance. The Company is proposing to extend those expiry dates to December 7, 2027, December 21, 2027 and December 22, 2027, respectively.

The principal details of the Warrants in question are:

Private Placement Closing Date

Number of Noble Common Shares Issuable Upon Full Exercise

Date of Issuance

Exercise Price per Common Share

Original Expiry Date

Proposed Extended Expiry Date

2022 Private Placement

2,500,000

November 21, 2022

$0.11

November 21, 2025

November 21, 2027

2022 Private Placement

625,000

December 1, 2022

$0.11

December 1, 2025

December 1, 2027

Total

3,125,000

2023 Private Placement

750,000

December 7, 2023

$0.125

December 7, 2025

December 7, 2027

2023 Private Placement

2,325,000

December 21, 2023

$0.125

December 21, 2025

December 21, 2027

2023 Private Placement

1,733,333

December 22, 2023

$0.125

December 22, 2025

December 22, 2027

Total

4,808,333

All other terms of the Warrants will remain unchanged. The completion of the proposed extensions of the terms of the 2022 Warrants and 2023 Warrants is subject to acceptance by the TSX Venture Exchange.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario and ~14,000ha elsewhere in Quebec upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in ~18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an additional 20% interest in ~38,700 hectares in the Timmins area. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and~3,200 hectares in its Boulder Project, both near Hearst, Ontario.  In addition, it holds the following projects in Quebec:  ~3,700 hectares in its Buckingham Graphite Property, ~10,152 hectares in its Havre St Pierre Nickel, Copper, PGM property, ~1,573 hectares in its Cere-Villebon Nickel, Copper, PGM property, a ~569 hectare Uranium/Rare Earth property that it refers to as the Chateau property, a ~461 hectare Uranium/Molybdenum property that it refers to as the Taser North property, and ~ 4,465 hectares in the Mehmet rare earth property in Northern Quebec.

Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB.’

More detailed information on Noble is available on the website at www.noblemineralexploration.com .

Cautionary Note and Statement Concerning Forward Looking Statements

This press release contains certain information that may constitute ‘forward-looking information’ under applicable Canadian securities legislation.  Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.  Factors that could affect the outcome include, among  others:  future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise  the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities  (known  and  unknown), general business, economic, competitive, political and social uncertainties, results of  exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain  regulatory or shareholder approvals.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof.  Noble disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contacts:

H. Vance White, President

Phone:        416-214-2250

Fax:        416-367-1954

Email: info@noblemineralexploration.com

Investor Relations

Email: ir@noblemineralexploration.com

Copyright (c) 2025 TheNewswire – All rights reserved.

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The rally in silver that began earlier this year has translated into a wave of strong third quarter results for leading industry firms.

The silver market erupted in 2025, breaking the US$30 barrier at the start of the year before accelerating into the spring with a February 20 print of US$32.94 and a Q1 peak of US$34.21 on March 28.

By early June silver hit a 13-year high of US$36.05, topped US$37, by mid-month. The white metal pushed past US$39 in July, and surged through August and September to exceed US$47. Silver went on to shatter its 1980 US dollar record in October to breifly touch US$53 per pounce before pulling back to end the month in the US$47 range.

First Majestic sets new production record

First Majestic Silver (TSX:AG,NYSE:AG) led the quarter’s gains with a 96 percent year-on-year surge in silver production, reaching 3.9 million ounces in the third quarter of 2025 compared to 2.0 million ounces a year earlier.

Of this total, 1.4 million ounces came from its recently integrated Los Gatos operation.

Revenue for the quarter soared 95 percent to US$285.1 million, the third consecutive quarter of record sales, driven by higher metal prices and increased output.

Overall, about 56 percent of the total came from silver sales, with the company realizing an average silver-equivalent price of US$39.03 per ounce.

Coeur Mining delivers record results, launches landmark merger

Coeur Mining (NYSE:CDE) marked its second consecutive period of double-digit revenue and production growth. The company produced 4.8 million ounces of silver during the third quarter, up 57 percent year-over-year.

Average realized silver prices rose 15 percent to US$38.93 per ounce compared to the prior quarter, while gold prices increased 4 percent to US$3,148 per ounce.

Coeur delivered another quarter of record financial results, driven by higher prices, balanced contributions from all five of our North American gold and silver operations along with overall strong cost control,” said company President and CEO Mitchell J. Krebs.

Just days after reporting earnings, Coeur announced a US$7 billion all-stock merger with New Gold (TSX:NGD,NYSEAMERICAN:NGD), creating what analysts are calling a “North American powerhouse” in the precious metals space.

The transaction was described as the largest gold-sector merger of 2025. The combined entity will be majority-owned by Coeur shareholders (62 percent) and will operate exclusively in North America.

Royal Gold benefits from higher metal prices

Royal Gold (NASDAQ:RGLD) reported record quarterly revenue of US$252.1 million and operating cash flow of US$174 million in the third quarter of 2025, driven by higher average realized prices for gold, silver, and copper.

Net income reached US$126.8 million, or US$1.92 per share, while adjusted net income rose to US$136.2 million, or US$2.06 per share—both among the highest in the company’s history.

The royalty and streaming company’s revenue mix for the quarter was dominated by gold (78 percent), followed by silver (12 percent) and copper (7 percent).

“Our portfolio performed very well and allowed us to take full advantage of the materially higher gold and silver prices in the quarter, and the record gold price directly benefited our results,” said President and CEO Bill Heissenbuttel.

In August, the company finalized a US$1.0 billion gold streaming agreement with First Quantum Minerals (TSX:FM,OTC Pink:FQVLF)

Endeavour Silver nears new production phase

Endeavour Silver (TSX:EDR,NYSE:EXK) reported steady output as its portfolio continued to perform in line with expectations.

Consolidated silver production driven by higher throughput at Guanaceví and the inclusion of its new Kolpa mine in the third quarter rose 102 percent year-over-year to 1.77 million ounces. Silver-equivalent output totaled 3.0 million ounces when accounting for gold and base metals.

CEO Dan Dickson said, “Our legacy mines continue to provide steady results, Kolpa is meeting expectations and integrating smoothly, and with Terronera nearing commercial production, we are entering the next phase of growth with significant momentum.”

The Terronera project, now in the final stages before commercial production, achieved average silver recoveries of 82.8 percent and gold recoveries of 72.3 percent in September.

Americas Gold and Silver doubles silver output

Americas Gold and Silver (TSX:USA) capped the quarter with one of the strongest percentage gains in the industry.

The company’s consolidated silver production surged 98 percent year-over-year to 765,000 ounces, supported by operational gains at the Galena Complex in Idaho and higher-grade ore zones at the Cosalá Operations in Mexico.

CEO Paul Andre Huet said the quarter marked a turning point for the company’s US operations.

Huet noted: “Our operation in Idaho is now starting to deliver results after spending significant effort underground at Galena conducting numerous time studies, engineering work, productivity-focused projects, implementing new equipment and adjusting the mining method.”

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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China has confirmed a major milestone in nuclear science after achieving the world’s first successful conversion of thorium into uranium fuel inside a working molten salt reactor.

The experimental thorium molten salt reactor (TMSR), developed by the Chinese Academy of Sciences’ Shanghai Institute of Applied Physics (SINAP) in the Gobi Desert, is the first in the world to demonstrate stable thorium-based fission.

The reactor has been operating since achieving first criticality in October 2023 and, according to SINAP, has now produced experimental data confirming thorium-to-uranium fuel conversion — the process that “breeds” uranium-233 from thorium-232, a naturally abundant element.

Li Qingnuan, Communist Party secretary and deputy director at SINAP, told Science and Technology Daily that “since achieving first criticality on October 11, 2023, the thorium molten salt reactor has been steadily generating heat through nuclear fission.”

Unlike traditional nuclear reactors that rely on solid uranium rods, the TMSR uses liquid fuel dissolved in molten fluoride salt, which acts both as fuel and coolant. This design allows for continuous refueling and efficient energy output without shutting down operations.

“This design not only dramatically improves fuel utilisation but also significantly reduces the volume of long-lived radioactive waste,” Li added.

The core process involves thorium-232 absorbing neutrons to become uranium-233—a fissile isotope capable of sustaining a chain reaction. Because this transformation happens inside the reactor itself, it eliminates the need for external fuel fabrication and enables a self-sustaining “burn while breeding” cycle that could yield virtually limitless energy.

Through this achievement, China’s success addresses one of its longest-standing energy constraints: uranium scarcity. The country currently imports more than 80 percent of its uranium, leaving its nuclear sector vulnerable to geopolitical risks and market fluctuations.

By contrast, thorium is far more abundant. China is estimated to hold 1.3 to 1.4 million tonnes of thorium, with vast deposits in Inner Mongolia’s Bayan Obo mine alone containing enough material to power the nation for more than a thousand years.

Furthermore, fourth-generation molten salt reactors (MSRs) are widely regarded as a safer and more efficient alternative to conventional reactors. They operate at atmospheric pressure and use chemically stable salts that trap radioactive materials, minimizing the risk of high-pressure explosions or leaks.

The breakthrough positions China as a frontrunner in next-generation nuclear energy, a field long dominated by Western research that has struggled to reach operational reality.

While the US, France, and Japan have previously explored thorium-based reactors, none has succeeded in bringing one to sustained operation.

Currently, China has more reactors under construction than the rest of the world combined and is building them at twice the speed of Western competitors. According to Nature, while US nuclear construction costs have ballooned over the past five decades, China’s have fallen by half.

Construction of the experimental TMSR-LF1 began in 2018 and accelerated ahead of schedule, with the Ministry of Ecology and Environment approving commissioning in 2022. The reactor reached first criticality in October 2023, achieved full power in mid-2024, and completed the world’s first thorium fuel loading experiment later that year.

The Chinese Academy of Sciences launched the TMSR program in 2011 as part of a national drive to develop sustainable energy technologies and reduce carbon emissions.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Sun Silver (ASX:SS1) will commence trading on the US OTCQX market following strong US investor interest, the company said earlier this week.

The OTCQX trading allows US investors to trade the company’s shares in US dollars and during the US market hours.

According to Sun Silver, US investor interest came after its completion of an AU$30 million placement to advance its Maverick Springs silver and gold project in Nevada last July.

Coincidentally, silver was included in the US Department of Interior’s Draft 2025 Critical Minerals List, which was updated in August.

“Commencing trading on the OTCQX represents a major step forward in Sun Silver’s U.S. growth strategy,” said Sun Silver Managing Director Andrew Dornan. “Our Nevada-based Maverick Springs Project is ideally positioned to benefit from growing recognition of silver’s critical role in clean energy and technology supply chains.”

Maverick Springs holds an updated JORC inferred mineral resource estimate of 480 million ounces of silver equivalent at 68.29 grams per tonne silver equivalent.

The company said on its website that it is the largest pre-production primary silver deposit on the Australian Securities Exchange (ASX).

“(This) dual quotation on the OTC Market will not only broaden its investor base but also align Sun Silver with the world’s most sophisticated silver investment community at a time of heightened demand and increasing strategic value for the metal,” the company said.

It also cited the rise of antimony in the global market, highlighting JPMorgan’s recent US$75 million investment for nearly a three percent stake in Perpetua Resources’ (TSX:PPTA,NASDAQ:PPTA)

Perpetua is known for its 4.8 million ounce Stibnite gold mine in Idaho, which has a historic record of producing 90 percent of the US’ antimony output during World War II.

The company added that in this context, advancing projects such as Maverick Springs, which “hosts widespread antimony mineralisation alongside silver and gold mineralisation,” present a significant opportunity.

Sun Silver’s shares will continue to trade on the ASX under “SS1,” which will remain its primary listing.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Uranium has fully landed in decentralized finance (DeFi), following the launch of xU3O8-based lending on DeFi aggregator Oku and powered by Morpho, the universal network that connects lenders and borrowers to the best possible opportunities worldwide. In a watershed moment for the DeFi sector, holders of xU3O8, the world’s first tokenized physical uranium product, will be able to leverage physical uranium as collateral for DeFi loans, supplying the token in exchange for USDC via a new vault that launched today using Morpho’s infrastructure. In this way, users of the vault can secure loans while maintaining their exposure to the asset that looks set to underpin the nuclear energy revival.

Commenting on the integration and the launch of the new vault, Ben Elvidge, Product Lead at Uranium.io and Head of Commercial Applications at Trilitech (Tezos R&D Hub in London), said, ‘Integrating with Morpho represents a significant step in uranium market maturation. We’re bringing DeFi lending capabilities to a commodity that has historically been trapped in opaque OTC markets with limited liquidity options.”

By depositing their xU3O8 in the vault, uranium investors can easily unlock liquidity and explore the thriving DeFi ecosystem on Etherlink, the EVM-compatibility layer for Tezos. Recent months have seen the integration of numerous new DeFi protocols on Etherlink, driving TVL to record heights in October and signaling widespread interest among DeFi users in the growing network. Meanwhile, existing DeFi users who may not already have exposure to uranium gain access to a novel use case combining exposure to a commodity that was previously only available to institutional investors with DeFi infrastructure. The xU3O8 token represents beneficial ownership of physical uranium stored at facilities operated by Cameco, one of the world’s largest uranium providers, with support from Curzon Uranium, a global uranium trading company, and Archax, the first registered crypto service provider in the UK.

“For users, the product offers an easier way into tokenized uranium investments and liquidity management. For Oku, it underscores our continued expansion into real-world assets, moving DeFi beyond purely digital collateral,” said Dan Zajac, BD Lead at Oku.

Since its launch in late 2022, Morpho has quickly become one of the largest DeFi lending protocols, with $10B+ in deposits and a $6.52B TVL. The integration with uranium.io, following similar integrations with Coinbase and Crypto.com, demonstrates the protocol’s ability to support sophisticated real-world asset use cases beyond traditional crypto collateral.

Recent institutional research reveals 97% of institutional investors would consider uranium investment if access were simplified, highlighting growing demand for uranium exposure in investment portfolios. The uranium market faces a supply-demand imbalance, with global production at approximately 155 million lbs annually falling short of demand at 197 million lbs.

About Oku

Oku is a premier DeFi aggregator live on 35+ chains offering 0% fees across 14 swap and 11 bridge routers to connect users with S-tier apps in crypto. As a leading interface for Uniswap v3 and Morpho, Oku makes transacting 1000+ tokens across EVM chains seamless and fast. One click. Every chain.For more information, visit https://oku.trade/.

About Moprho

Morpho is the most trusted onchain lending network with $10B+ in deposits. Businesses can connect to Morpho’s open infrastructure to power any lending or borrowing use case at scale, including embedded crypto-backed loans and custom yield solutions.

About Uranium.io (xU3O8)

Uranium.io (xU3O8) is redefining access to one of the world’s most strategic resources. xU3O8 makes it possible to digitally own and transfer uranium using Etherlink, an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollup technology. The initiative is supported by Curzon, a global uranium trading company, and Archax, the first registered digital securities crypto exchange in the UK. xU3O8 gives you digital ownership of uranium securely stored in a regulated depository operated by Cameco, one of the world’s largest uranium providers. Through xU3O8, ownership of the uranium stored in secure facilities is digitally recorded, taking advantage of the efficiencies created by using blockchain technology. https://uranium.io/

Click here to connect with xU3O8 (uranium.io) to receive an Investor Presentation

Source

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