Explorer Moves Into Canada's Uranium Hotbed With Nucleon Acquisition

1. Vanguard 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, Vanguard 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 and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vanguard Mining Corp.
3. James Guttman 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.

* Disclosure for the quote from the John Newell article published on August 8, 2025

1. For the quoted article (published on August 8, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
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.

Vanguard Mining Corp. (UUU:CSE; UUFF:OTC; SL51:FWB) has announced it will acquire Nucleon Uranium Ltd., a private Canadian company with seven mineral claims in Saskatchewan's Athabasca Basin, under a share exchange agreement. According to the company, this transaction will result in Vanguard acquiring 100% of Nucleon's issued and outstanding common shares.

The Athabasca Basin is globally recognized for its high-grade uranium deposits and serves as a major source of Canada's nuclear energy supply. Nucleon's properties span approximately 23,424.90 hectares, with nearby exploration and development activity by prominent industry players such as Cameco Corp. (CCO:TSX; CCJ:NYSE), Denison Mines Corp. (DML:TSX; DNN:NYSE.MKT), CanAlaska Uranium Ltd. (CVV:TSX.V; CVVUF:OTCBB; DH7:FSE), Orano Canada, and Atha Energy Corp. (SASK:TSX.V; SASKF:OTCMKTS).

"The acquisition of Nucleon Uranium represents a transformational step for Vanguard Mining," said David Greenway, President and Chief Executive Officer of Vanguard Mining, in a company news release. "With seven highly prospective claims in the heart of Saskatchewan's Athabasca Basin... we are strengthening our footprint in the world's premier uranium district."

Under the agreement, Vanguard will issue seven million common shares to Nucleon shareholders on a pro rata basis and make cash payments totaling US$200,000. The deal is contingent on standard closing conditions, including regulatory approvals, satisfactory due diligence, and the accuracy of both parties' representations at closing.

Upon successful completion, Vanguard plans to integrate the Nucleon claims into its broader uranium exploration portfolio. Initial steps will include geological review, data compilation, permitting, and consultations with local stakeholders.

In a separate announcement, Vanguard entered into a mineral property option agreement with Hilltop Resources Inc. to potentially divest its Pinchi Lake and Georgia Lake nickel properties. In return, Hilltop agreed to pay US$30,000 in cash, issue 500,000 common shares, and assume responsibility for all property maintenance. Vanguard retains a 0.5% net smelter return royalty on the assets.

Nuclear Energy Demand Supports Firm Uranium Market Conditions

In an August 19 commentary on Substack, Paulo Macro described the uranium market as a cyclical sector that had re-entered a period of renewed interest following its correction from a February 2024 peak of US$107 per pound to around US$80 by the third quarter of 2024. He explained that after stepping away from the market post-Fukushima, he re-entered when Sprott took over Uranium Participation Corp. and had since rebuilt his position. "In the end, there is a natural cycle to everything," he wrote, noting uranium's resilience despite past volatility.

On August 22, Stockhead published Barry FitzGerald's report highlighting uranium's inclusion in BHP's Economic and Commodity Outlook (ECO) for the first time.

BHP stated, "We expect the upstream market to be broadly balanced in the near-term, with steady demand being met by incremental supply volumes." The report also flagged volatility risks, particularly around enrichment capacity and policy changes. "The removal of waivers on U.S. imports of Russian enriched nuclear fuel (expected in CY27) and a mismatch between growing fuel demand but limited investment in conversion and enrichment could push prices up periodically," BHP's analysts said. Longer-term, the company anticipated that "new upstream uranium supply [would] be needed by 2030," driven by nuclear life extensions and steady global capacity growth.

According to a September 11 report by Mining, the World Nuclear Symposium in London saw record attendance, reflecting increased confidence in the sector. Analysts from BMO Capital Markets commented, "Sentiment at this year's conference appears to have taken another leg up with record attendance." Financing remained a key theme, with BMO noting that "the industry looks to find attractive, repeatable financing solutions that can support its ambitious growth plans."

The same report cited the World Nuclear Association's (WNA) Nuclear Fuel Report, which forecasted a 5.3% compound annual growth rate in uranium demand through 2040, up from 4.1% in previous estimates. BMO said this reflected a 12% higher long-term outlook compared to its earlier forecast. Reactor uranium requirements were projected to rise from 68,920 tonnes in 2025 to more than 150,000 tonnes by 2050, with even the low-case scenario exceeding 107,000 tonnes.

According to Citi, U.S. policy changes aimed at quadrupling domestic nuclear capacity could add up to 150 million pounds per year in uranium demand, nearly doubling the size of the global market.

Analyst Sees Technical Base Forming as Company Targets Key Energy Metals

*On August 8, John Newell of John Newell & Associates issued a Speculative Buy rating on Vanguard Mining Corp., citing the company's focus on uranium and copper exploration in what he described as tier-one jurisdictions. He emphasized Vanguard's alignment with the global energy transition through its exposure to critical metals.

Newell highlighted the company's uranium project in Paraguay's Paraná Basin, located adjacent to a defined uranium deposit, as well as its Brussels Creek copper-gold project in British Columbia. He stated that Vanguard was "focused on uranium assets that could serve the coming supply squeeze in the nuclear fuel cycle," and described its exploration approach as both disciplined and technically driven.

The report credited the company's leadership under CEO David Greenway and CFO Richard Robins, noting their experience in financing and managing resource companies. Newell also underscored Vanguard's capital structure, pointing out that the company had no outstanding options or restricted share units, with warrants representing the only near-term source of potential dilution.

From a technical perspective, Newell described the company's daily chart as exhibiting a "long, quiet bottoming pattern" throughout 2024, followed by a progression of higher lows in early 2025. He interpreted the trend and corresponding increase in trading volume as signs of accumulation. The report identified near-term resistance below CA$0.22, with technical price targets of CA$0.32, CA$0.50, CA$0.90, and a long-term objective of CA$1.50.

Expanding in the World's Premier Uranium District

Vanguard Mining's acquisition of Nucleon Uranium complements its stated strategy of building a diversified portfolio of strategic mineral assets across the Americas. The company's focus on uranium aligns with rising global demand for nuclear power, particularly as nations seek carbon-free baseload energy sources.

According to Vanguard's July 2025 investor presentation, the global uranium market is undergoing significant growth, with projected demand increasing from 165 million to 230 million pounds by 2030. The company noted that over 400 reactors are currently operational worldwide, with nearly 90 additional reactors planned, highlighting the importance of secure uranium supply chains.

Vanguard's newly acquired claims lie near major discoveries, including Fission Uranium's Patterson Lake South and NexGen Energy's Arrow deposit. These areas have attracted significant exploration activity and investment, adding to the region's strategic value.

In addition to Saskatchewan, Vanguard is advancing its Yuty Prometeo uranium project in Paraguay and other mineral assets in British Columbia. With this acquisition, Vanguard broadens its exposure to high-potential uranium assets in a region with established infrastructure, processing facilities, and a concentration of industry operators. 

Ownership and Share Structure

According to Refinitiv, 3.95% of Vanguard Mining is owned by management and insiders. The rest is retail. 

Vanguard has 54,556,620 million free float shares and a market cap of US$8,990,930,97. The company trades in the 52-week range between US$0.024 and US$0.20.