Global Uranium Says Investee Firm Ubaryon Partners with UK Supplier; Share Rise 9%

MT Newswires Live

May 05, 2025

Global Uranium and Enrichment (ASX:GUE) said that its investee company, Ubaryon, has entered a strategic partnership with UK-based uranium enrichment company Urenco, according to a Monday filing with the Australian bourse.

The UK firm signed a non-binding term sheet with Urenco under which the UK supplier will invest AU$5 million over three years in exchange for a 13% equity stake, the filing said

The agreement is subject to shareholder approval, Foreign Investment Review Board (FIRB) clearance, and binding documentation, the filing added.

Ubaryon will ask shareholders, including Global Uranium and Enrichment, to waive pre-emptive rights and will schedule a meeting to approve the transaction.

Shares of the company rose 9% at market close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2533308841"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2533308841\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2533308841?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-05 15:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2533308841","market":"fut","top_or_hot":-1,"title":"Global Uranium Says Investee Firm Ubaryon Partners with UK Supplier; Share Rise 9%","media":"MT Newswires Live","content":"<html><body><p> Global Uranium and Enrichment (ASX:GUE) said that its investee company, Ubaryon, has entered a strategic partnership with UK-based uranium enrichment company Urenco, according to a Monday filing with the Australian bourse.</p><p>The UK firm signed a non-binding term sheet with Urenco under which the UK supplier will invest AU$5 million over three years in exchange for a 13% equity stake, the filing said</p><p>The agreement is subject to shareholder approval, Foreign Investment Review Board (FIRB) clearance, and binding documentation, the filing added.</p><p>Ubaryon will ask shareholders, including Global Uranium and Enrichment, to waive pre-emptive rights and will schedule a meeting to approve the transaction.</p><p>Shares of the company rose 9% at market close.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global Uranium Says Investee Firm Ubaryon Partners with UK Supplier; Share Rise 9%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal Uranium Says Investee Firm Ubaryon Partners with UK Supplier; Share Rise 9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-05-05 15:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Global Uranium and Enrichment (ASX:GUE) said that its investee company, Ubaryon, has entered a strategic partnership with UK-based uranium enrichment company Urenco, according to a Monday filing with the Australian bourse.</p><p>The UK firm signed a non-binding term sheet with Urenco under which the UK supplier will invest AU$5 million over three years in exchange for a 13% equity stake, the filing said</p><p>The agreement is subject to shareholder approval, Foreign Investment Review Board (FIRB) clearance, and binding documentation, the filing added.</p><p>Ubaryon will ask shareholders, including Global Uranium and Enrichment, to waive pre-emptive rights and will schedule a meeting to approve the transaction.</p><p>Shares of the company rose 9% at market close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2533308841","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533308841","pubTimestamp":1746429850,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Global Uranium and Enrichment  said that its investee company, Ubaryon, has entered a strategic partnership with UK-based uranium enrichment company Urenco, according to a Monday filing with the Australian bourse.The UK firm signed a non-binding term sheet with Urenco under which the UK supplier will invest AU$5 million over three years in exchange for a 13% equity stake, the filing saidThe agreement is subject to shareholder approval, Foreign Investment Review Board  clearance, and binding documentation, the filing added.Ubaryon will ask shareholders, including Global Uranium and Enrichment, to waive pre-emptive rights and will schedule a meeting to approve the transaction.Shares of the company rose 9% at market close.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7104":"黄金","BK4606":"AI电力股","BK4156":"煤与消费用燃料","UEC":"Uranium Energy Corp","GUE.AU":"Global Uranium And Enrichment Ltd"},"translate_title":"Global Uranium表示被投资公司Ubaryon与英国供应商合作；股价上涨9%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UEC":1,"GUE.AU":0.9},"content_text":"Global Uranium and Enrichment (ASX:GUE) said that its investee company, Ubaryon, has entered a strategic partnership with UK-based uranium enrichment company Urenco, according to a Monday filing with the Australian bourse.The UK firm signed a non-binding term sheet with Urenco under which the UK supplier will invest AU$5 million over three years in exchange for a 13% equity stake, the filing saidThe agreement is subject to shareholder approval, Foreign Investment Review Board (FIRB) clearance, and binding documentation, the filing added.Ubaryon will ask shareholders, including Global Uranium and Enrichment, to waive pre-emptive rights and will schedule a meeting to approve the transaction.Shares of the company rose 9% at market close.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}