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11 stories mentioning ASX:AEUUpdated 18h ago

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Asia

Atomic Eagle Unit Signs Mining Convention With Nigerien Government

Atomic Eagle's (ASX:AEU) 60%-owned Nigerien subsidiary, Madaouela Mining Company, executed the mining convention for the Madaouela project with the Republic of Niger, according to a Thursday filing with the Australian bourse.The signing of the convention formalizes the legal, fiscal and operational framework governing the project development and triggers the agreed steps to discontinue the historical International Center for Settlement of Investment Disputes arbitration proceedings, the filing said.Shares fell 1% in morning trade Thursday.

ASX:AEU
Asia

Atomic Eagle Intersects Uranium Mineralization at Zambia Prospect

Atomic Eagle (ASX:AEU) intersected uranium mineralization at the Muntanga North prospect over an interpreted area of about 600 meters by 200 meters during drilling at its Muntanga project in Zambia, according to a Wednesday filing with the Australian bourse.Further drilling and geological interpretation is needed to determine the scale, continuity and significance of the mineralization, which remains open along strike and down dip to the east, the filing said.Meanwhile, initial drilling at the Namakande prospect intersected a large continuous zone of mineralization measuring 1,000 meters by 400 meters, per the filing.Shares rose 1% in morning trade Wednesday.

ASX:AEU
Asia

Atomic Eagle Says Largest Shareholder to Exercise 35 Million Options; Shares Down 3%

Atomic Eagle's (ASX:AEU) largest shareholder, Menel Energy and Resources, signed a binding commitment to exercise 35.1 million options early at AU$0.31 apiece on or before Oct. 28, injecting roughly AU$10.9 million in cash into the company, according to a Monday filing with the Australian bourse.Menel Energy and Resources agreed to exercise its options and provide the corresponding proceeds to the company about six months before the options' expiry date of May 5, 2027, the filing said.Proceeds will boost available cash to about AU$23 million, allowing the company to fund its growth strategy through 2028 without needing near-term equity financing, per the filing.Atomic Eagle shares fell 3% in morning trade Monday.

ASX:AEU
Asia

Equus Energy Appoints Chair; Shares Up 5%

Equus Energy (ASX:EQU) appointed Grant Davey as non-executive chairman, effective immediately, according to a Monday filing with the Australian bourse.Davey succeeds Brendan Jesser, who has retired as chairman, per the filing.Davey currently holds the position of non-executive chairman at Atomic Eagle (ASX:AEU), the filing added.Equus Energy's shares rose 5% in recent Monday trade.

ASX:AEUASX:EQU
Asia

Atomic Eagle Secures Zambia Uranium Project Environmental Approval

Atomic Eagle (ASX:AEU) secured approval for the environmental and social impact assessment from the Zambia Environmental Management Agency for the Muntanga project in Zambia, according to a Wednesday Australian bourse filing.The company also received a "no objection" approval of the resettlement action plan from the Office of the Vice President, Resettlement Division.

ASX:AEU
Asia

Atomic Eagle CEO Held Talks With Niger Government on Resumption of Uranium Project

Atomic Eagle (ASX:AEU) said its chairman and CEO visited Niger earlier in June for talks with the government to draft a new mining convention to resume the Madaouela uranium project, according to a Wednesday disclosure filed with the Australian bourse on Thursday.The negotiations are non-binding and incomplete, with no certainty of any agreement, per the filing.Niger's government withdrew the Madaouela mining permit from Goviex Uranium in 2024, prompting Goviex to launch international arbitration proceedings. However, Goviex is now fully owned by Atomic Eagle and has been in resolution talks with the government since February 2025.

ASX:AEU
Asia

Atomic Eagle Says Drilling at Zambia Deposit Extends Boundaries of Previously Defined Uranium Mineralization, Shares Fall 6%

Atomic Eagle (ASX:AEU) said resource extension drilling at the Chisebuka deposit at the Muntanga uranium project in Zambia continues to extend the boundaries of the previously defined uranium mineralization, according to a Tuesday ASX filing.It encountered intercepts of 5.4 meters at 422 parts per million of triuranium octoxide-equivalent from 47 meters, as well as 7.3 meters at 284 ppm of triuranium octoxide-equivalent from 47.2 meters.The drilling also demonstrated continuity of mineralization between the higher-grade south‑west zone and the previously defined resource area.It plans to conduct a reverse circulation drill program of 12 holes for around 900 meters at the Chisebuka higher-grade zones.Its shares fell 6% in recent trading on Tuesday.

ASX:AEU
Asia

Atomic Eagle Confirms Previously Identified Anomalies at Zambia Project

Atomic Eagle (ASX:AEU) refined and confirmed previously identified radiometric anomalies across five target areas during ground radiometric surveys at the Muntanga North exploration area within its Muntanga project in Zambia, according to a Thursday filing with the Australian bourse.Close-spaced surveying found peak radiometric zones within broader anomalies, aiding drill targeting in the surveyed areas, the filing said.A total of 53 line kilometers of a planned 80-kilometer survey has been completed across five of eight priority target areas, with the remainder to be completed in the second and third quarter of the year, per the filing.Shares fell more than 1% in morning trade Thursday.

ASX:AEU
Asia

Atomic Eagle Agrees to Acquire Zambia Project

Atomic Eagle (ASX:AEU) agreed to acquire 100% of the Sitwe project in Zambia under a binding option agreement, according to a Tuesday filing with the Australian bourse.The company must incur a minimum of $200,000 in exploration and license-related expenditure before June 30, 2027, and may then exercise the option to acquire the license for $400,000 in cash, the filing said.The company is planning its initial Sitwe work program, which will involve mapping and ground radiometrics to identify prospective areas for drill testing, per the filing.Shares fell 1% in morning trade on Tuesday.

ASX:AEU
Asia

Atomic Eagle Confirms Expansion of Zambia Target's High-Grade Zone

Atomic Eagle (ASX:AEU) confirmed an expansion of the Chisebuka target's south-west zone of higher‑grade mineralization to an area of 600 meters by 300 meters during drilling at the Muntanga project in Zambia, according to a Wednesday filing with the Australian bourse.Results include nearly 13 meters at 673 parts per million equivalent triuranium octoxide from 18 meters, 24 meters at 448ppm equivalent triuranium octoxide from 32 meters, and about 16 meters at 361ppm equivalent triuranium octoxide from 4.7 meters, the filing said.Further results from the target are expected in the coming weeks, per the filing.

ASX:AEU
Asia

Atomic Eagle Appoints Non-Executive Chair; Shares Fall 9%

Atomic Eagle (ASX:AEU) appointed Grant Davey as non-executive chair, succeeding Govind Friedland, according to a Monday Australian bourse filing.Davey currently serves as a non-executive director of Frontier Energy (ASX:FHE) and Earths Energy (ASX:EE1), per the filing.Friedland will transition from chairman to non-executive director, following Davey's appointment, the filing added.Atomic Eagle's shares fell around 9% in recent Monday trade.

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