Welcome to our dedicated page for Laramide Res news (Ticker: LMRXF), a resource for investors and traders seeking the latest updates and insights on Laramide Res stock.
Laramide Resources Ltd. reports on uranium mine development and exploration activities centered on assets in the United States and Australia. Company news commonly covers the Westmoreland uranium project in Queensland, including economic study work, mineral-resource disclosure, Mining Development Licence status, and NI 43-101 technical reporting.
Updates also include exploration decisions, U.S. permitting initiatives, common-share private placements, and securities-law disclosures tied to Canadian financing exemptions and Annual Information Form amendments. Laramide’s releases frame the business around advanced uranium projects in jurisdictions with historical production or geological prospectivity.
Laramide Resources (OTCQX: LMRXF) reported that the New Mexico Environment Department advanced its DP-2004 Groundwater Discharge Permit for the Churchrock-Crownpoint ISR Uranium Project to the public notice phase.
This step starts formal public participation and supports potential development of a significant U.S. uranium resource that already holds an NRC license and FAST-41 designation.
Laramide (OTCQX: LMRXF) has engaged Lycopodium to update the Westmoreland Preliminary Economic Assessment (PEA), targeted for completion in 1H 2026. The study will reflect materially higher long-term uranium pricing, revised cost inputs, and an expanded Mineral Resource of 48.1M lb Indicated and 17.7M lb Inferred.
The updated PEA will evaluate potential production rates of ~4–5M lb U3O8/yr and follows the company securing a Mining Development Licence, while advancement depends on Queensland policy clarity.
Laramide (OTCQX:LMRXF) has terminated its Option Agreement with Aral Resources for the Chu-Sarysu Basin uranium project in Kazakhstan, effective January 20, 2026, and stopped funding further exploration.
The company had planned an initial 15,000 metre multi‑rig drill program but received final permits on December 24, 2025 and then on December 26, 2025 Kazakhstan enacted Subsoil Use amendments that materially increase minimum national ownership of any new uranium discoveries by Kazatomprom. Laramide cites those legislative changes and earlier near‑doubling of annual property taxes as removing the economic case for foreign uranium exploration in Kazakhstan.
Laramide Resources (OTCQX: LMRXF), a uranium development company, has successfully completed an upsized non-brokered private placement, raising $12 million through the issuance of 20 million common shares at $0.60 per share.
The offering was conducted under the Listed Issuer Financing Exemption, making the shares free from hold periods under Canadian securities laws. The company paid $451,450 in cash commissions and issued 760,750 broker warrants. Notably, company insiders participated in the offering, acquiring 3,428,567 shares.
The proceeds will be used to advance U.S. permitting initiatives, working capital, and general corporate purposes. Red Cloud Securities, SCP Resources Finance LP, and PowerOne Capital Markets Limited acted as advisors and finders for the offering.
Laramide Resources (OTCQX:LMRXF) has filed an amended Annual Information Form (AIF) for 2024 following a review by the Ontario Securities Commission. The key change involves the removal of references to the 2016 Preliminary Economic Assessment (PEA) for the Westmoreland Uranium Project in Queensland, Australia.
The company clarified that while the 2016 Westmoreland Scoping Study provides sound technical information, it is no longer considered the Current Technical Report under NI 43-101 requirements. The amended AIF maintains the current mineral resource estimates and other project information supported by the company's most recent NI 43-101 compliant technical report.
Laramide confirmed these amendments are not material to its financial position or operating results, and no changes have been made to the previously disclosed mineral resource estimates for the Westmoreland Project.
Laramide Resources (OTCQX: LMRXF), a uranium development company, has increased its non-brokered private placement offering to 20 million common shares at $0.60 per share, targeting gross proceeds of up to $12 million. The offering, conducted under the Listed Issuer Financing Exemption, will not subject the shares to a hold period under Canadian securities laws.
The company plans to use the proceeds to advance late-stage US permitting initiatives, working capital, and general corporate purposes. The offering is expected to close around July 16, 2025, subject to regulatory approvals including Toronto Stock Exchange approval.
Laramide Resources (OTCQX: LMRXF), a uranium development and exploration company, has announced a non-brokered private placement offering of up to 16,666,667 common shares at $0.60 per share, aiming to raise gross proceeds of up to $10 million.
Red Cloud Securities Inc. will act as a finder for the offering, and Boss Energy Ltd., which holds a 19.9% stake in Laramide, has committed to maintain its pro-rata share. The offering is being conducted under the Listed Issuer Financing Exemption, meaning the shares will not be subject to a hold period under Canadian securities laws.
The company plans to use the proceeds to advance late-stage US permitting initiatives, working capital, and general corporate purposes. The offering is expected to close around July 14, 2025, subject to regulatory approvals including Toronto Stock Exchange approval.