SWU

INTERNATIONAL ISOTOPES TO DIVEST DEPLETED URANIUM DECONVERSION ASSETS TO AMERICAN FUEL RESOURCES FOR $12,500,000 CASH

Retrieved on: 
Thursday, February 8, 2024
Growth, U3O8, NRC, OTCQB, UF6, AFR, SWU, Uranium, IDAHO

IDAHO FALLS, Idaho, Feb. 8, 2024 /PRNewswire/ -- International Isotopes Inc. (OTCQB: INIS) ("International Isotopes," "INIS" or the "Company") is pleased to announce that it has entered into a definitive agreement to sell all of its assets related to its depleted uranium deconversion and fluorine processing venture ("DUF6 Assets") to American Fuel Resources, LLC ("AFR") for $12,500,000 cash at closing.

Key Points: 
  • IDAHO FALLS, Idaho, Feb. 8, 2024 /PRNewswire/ -- International Isotopes Inc. (OTCQB: INIS) ("International Isotopes," "INIS" or the "Company") is pleased to announce that it has entered into a definitive agreement to sell all of its assets related to its depleted uranium deconversion and fluorine processing venture ("DUF6 Assets") to American Fuel Resources, LLC ("AFR") for $12,500,000 cash at closing.
  • AFR is a leading trader of nuclear fuel components (U3O8, UF6) and services (conversion and SWU).
  • Shahe Bagerdjian, President & CEO of INIS commented, "We are happy to have found a great home with AFR for our DUF6 assets.
  • Under the terms of the transaction, AFR will pay INIS a $50,000 prepayment at signing and the remaining $12,450,000 at closing.

Centrus Reports Third Quarter 2021 Results

Retrieved on: 
Wednesday, November 10, 2021
Securities Exchange Act of 1934, NOLS, Balance sheet, HALEU, Orano, Joint-stock company, Contract, News, Government, Pandemic, Health, Accident, Exchange, Engineering, Movement, Security (finance), Coal, Technology, Transport, Coronavirus, U.S. Department of Energy, Office of Inspector General, Income, Warrant, Net income, Exercise, COVID-19, TENEX, Forward-looking statement, Annual report, Animal, U.S. Department of Defense Strategy for Operating in Cyberspace, Regulation, Human, Risk, Uranium, Company, DOE, U.S. Securities and Exchange Commission, Environment, SWU, Common stock, GAAP, NYSE, Internal Revenue Code, Review, Disaster, LEU, Mohamed Nasihin Nubil Ibrahim, Lithium, Pharmaceutical industry, Health insurance, Cryptocurrency, Insurance

BETHESDA, Md., Nov. 10, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020.

Key Points: 
  • BETHESDA, Md., Nov. 10, 2021 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020.
  • Centrus generated total revenue of $91.3 million for the third quarter of 2021, an increase of $57.7 million from the prior year period.
  • Centrus ended the third quarter of 2021 with a consolidated cash balance of $171.0 million.
  • The non-GAAP financial measure is used in addition to and in conjunction with results presented in accordance with our GAAP results.

Centrus Reports Second Quarter 2021 Results

Retrieved on: 
Wednesday, August 11, 2021
COVID, LEU, DOE, Pandemic, COVID-19, U.S. Department of Energy, Office of Inspector General, Exercise, Accident, Warrant, Regulation, Security (finance), Balance sheet, Human, Environment, Exchange, Forward-looking statement, Coal, Uranium, Risk, Disaster, Common stock, Income, NYSE, Health, Internal Revenue Code, HALEU, News, U.S. Securities and Exchange Commission, Review, Movement, Net income, Engineering, Nuclear Regulatory Commission, Animal, Company, GAAP, Government, TENEX, Securities Exchange Act of 1934, Transport, NOLS, Joint-stock company, SWU, Annual report, Contract, Compte rendu, Orano, Technology, Mohamed Nasihin Nubil Ibrahim, Coronavirus, U.S. Department of Defense Strategy for Operating in Cyberspace, Tutoring, Insurance, Bank

BETHESDA, Md., Aug. 11, 2021 /PRNewswire/ --Centrus Energy Corp. (NYSE American: LEU) today reported net income of $11.6 million for the quarter ended June 30, 2021, compared to net income of $33.7 million for the second quarter of 2020.

Key Points: 
  • BETHESDA, Md., Aug. 11, 2021 /PRNewswire/ --Centrus Energy Corp. (NYSE American: LEU) today reported net income of $11.6 million for the quarter ended June 30, 2021, compared to net income of $33.7 million for the second quarter of 2020.
  • "The second quarter was another profitable and productive one for Centrus," said Daniel B. Poneman, Centrus president and chief executive officer.
  • Centrus generated total revenue of $62.4 million for the second quarter of 2021, a decrease of $13.3 million, or 18 percent, from the prior year period.
  • Centrus ended the second quarter of 2021 with a consolidated cash balance of $176.0 million.