Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.3
Subsequent Events
9 Months Ended
Sep. 30, 2025
Subsequent Events  
Subsequent Events

21.

Subsequent Events

On October 23, 2025, we purchased 100,000 pounds U3O8 for $8.2 million.  The inventory will be used to increase our base inventory position for 2026.

On October 21, 2025, we extended the November 2024 inventory loan. The loan facility originally called for return of any amount drawn down by November 30, 2025. That date was extended by one year to November 30, 2026. Additionally, on October 21, 2025, we entered another inventory loan facility by which we may borrow up to an additional 150,000 pounds U3O8 under similar terms and conditions as the extended November 2024 inventory loan.  None of the additional 150,000 pounds have been borrowed.