sur UraniumX Discovery Corp. (CVE:STMN)
UraniumX Remains Financially Robust Ahead of Spring Drilling
UraniumX Discovery Corp. announced a solid financial standing as it prepares for the spring 2026 exploration season. As of February 28, 2026, the company reported cash and assets totaling over $10 million, with a working capital of approximately $6 million. Shareholder equity stood at $9.6 million, reflecting a stable financial position.
The company's exploration assets are primarily concentrated in Saskatchewan's Athabasca Basin, including properties like Murphy Lake and Zoo Bay. UraniumX has committed over $2 million for Canadian exploration by year-end to support ongoing projects.
The upcoming drill program at Murphy Lake will be fully funded by existing resources. This initiative is supported by geophysical surveys aimed at refining drilling targets. In addition, UraniumX entered a marketing agreement with Machai Capital Inc. to enhance its public profile over the next three months.
R. P.
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