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TICKERS: UUU; UUUFF; SL51

Mining Firm Expands Large Canadian Uranium Property Portfolio

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Uranium One Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) secures properties across British Columbia and Saskatchewan, expanding its portfolio amid accelerating global nuclear demand.

On June 19, 2026, Uranium One Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) entered into a share exchange agreement with 1583644 B.C. Ltd. (“NumberCo”) and the shareholders of NumberCo, pursuant to which Uranium One will acquire all of the issued and outstanding shares of NumberCo. In connection with the transaction, NumberCo has agreed to acquire a 100% interest in two Canadian mineral properties: the Foghorn Property, a historical polymetallic exploration project in British Columbia covering approximately 614 hectares (1,517 acres), and the Pasfield Lake Property, a prospecting permit covering approximately 4,400 hectares (10,873 acres) in northeastern Saskatchewan. The share exchange and property acquisitions are expected to close concurrently.  

"The acquisition of the Foghorn and Pasfield Lake properties marks another important milestone in expanding Uranium One's Canadian uranium portfolio," said David Greenway, CEO of Uranium One Mining. "These strategic additions provide exposure to two prospective exploration districts and further strengthen our pipeline of high-potential uranium assets. We look forward to advancing both projects and creating long-term value for our shareholders following the successful completion of the transaction."

The Foghorn property is a historical polymetallic exploration project in BC comprised of approximately 40 Crown-granted mineral claims covering 614 hectares. Historical exploration has included geological mapping, drilling, underground development, and metallurgical testing, suggesting the presence of uranium, fluorite, and other critical minerals.

The Pasfield Lake property covers approximately 4,400 hectares and is located within a prospective uranium district northwest of the Collins Bay mining area and the Cigar Lake mine. Historical exploration has suggested the presence of uranium, though modern exploration has been relatively limited.

Uranium One is a Canadian exploration company focused on the development of uranium projects and select battery metals assets, operating in Canada, Paraguay, and Argentina.

streetwise book logoStreetwise Ownership Overview*

Uranium One Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB)

Restructures
Date Old Symbol Old Shares New Symbol New Shares
04/27/26 UUU 3.5 UUU 1
03/07/25 RR 1 UUU 1
01/31/25 RR 2 RR 1
08/18/23 RR 2 RR 1
05/26/22 RR 10 RR 1
07/15/21 LMGC 1 RR 1
02/02/18 SNL 1 LMGC 1
12/13/17 SNL 10 SNL 1
10/17/16 SNL 1 SNL 2
09/14/16 SNL.H 1 SNL 1
09/25/15 SNL 1 SNL.H 1
12/24/04 SPT 1 SNL 1
*Share Structure as of 6/30/2026

Nuclear Energy Sector in Demand

Uranium is growing in importance as a crucial component of the energy sector. As a critical component in nuclear energy and emerging technologies, a shortage of the element is only expected to grow.

The International Atomic Energy Agency projects that global nuclear capacity could double by 2050, reaching between 561 gigawatts and 992 gigawatts. This prediction has caused uranium mine policy support to strengthen.

In May 2025, the U.S. issued a series of executive orders aimed at quadrupling domestic nuclear capacity to 400 gigawatts by 2050, from roughly 100 gigawatts today.

"The United States burns through roughly 50 million pounds of uranium each year to fuel the world's largest fleet of nuclear reactors, and imports approximately 95% of that uranium from foreign suppliers," reported Equity Insider on May 14, 2026.

The report continued, "That structural import dependence — combined with accelerating demand projections for nuclear power across AI data centers, grid expansion, and emerging space-deployment mandates — has placed domestic uranium development firmly into the national security conversation."

Analyst Anticipating Company's Future

1In February 2026, John Newell of John Newell & Associates gave Uranium One a "Speculative Buy" rating, saying that ". . . when a junior begins to align operational progress with technical momentum, it deserves a fresh look."

Newell gave the company a short-term price target of CA$0.60, a mid-term price target of CA$0.90, and a long-term price target of CA$1.50.

Catalysts in 2026

According to its website, the company will continue exploration at its Brussels Creek, BC, project, as well as its Redonda copper-molybdenum project.

Once the announced transactions close, exploration at Foghorn and Pasfield Lake will begin.

Ownership & Share Information2

Uranium One Mining Corp. has a market cap of CA$15.50 million, with 40.25 million shares outstanding. The company's 52-week range is CA$0.27-CA$2.31. Institutions own 0.01% of shares, while Management & Insiders own 3.44%. The remaining 96.55% of shares are Retail.


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Important Disclosures:

  1. Uranium One Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Uranium One Mining Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
  2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Uranium One Mining Corp.
  3. Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 
  4. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

For additional disclosures, please click here.

1. Disclosure for the quote from the John Newell article published on February 25, 2026

  1. For the quoted article (published on February 265, 2026), Uranium One Mining Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,050.
  2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.

2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.





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