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 (LMRXF) has filed an independent NI 43-101 Technical Report supporting the updated Preliminary Economic Assessment (PEA) for its 100%-owned Westmoreland Uranium Project in Queensland, Australia. The report, effective July 22, 2026, is available on SEDAR+ and confirms there are no material differences from results released on July 22, 2026.
The PEA assesses only currently defined uranium Mineral Resources at Redtree, Huarabagoo, Junnagunna and Long Pocket and assigns no value to regional exploration potential or associated gold and rare earth elements. Laramide plans further exploration in 2026–2027 and the Technical Report recommends advancing Westmoreland to a Pre-Feasibility Study.
Laramide Resources (OTCQX: LMRXF) has acquired 100% of exploration licences in Sweden’s Hotagen and Arjeplog-Arvidsjaur uranium provinces, positioning the company in a jurisdiction that has recently reinstated uranium mining and updated its nuclear and mining regulatory framework.
The package includes the Kläppibäcken nr 102 and 103 licences, covering more than 1,700 hectares in the Hotagen district adjacent to a well-known uranium project with historical resources, and the Kaivaive 103 licence in the Arjeplog-Arvidsjaur province, a region hosting deposits totalling about 28 million pounds of U₃O₈ (not owned by Laramide). Consideration totals $600,000, split between $300,000 cash (including a $50,000 non-refundable deposit and $250,000 due by August 31, 2026) and $300,000 in 503,216 common shares, plus up to $400,000 in contingent milestone payments tied to delineating 5 million and 10 million pounds of uranium resources on the property.
Laramide Resources (OTCQX: LMRXF) closed a non-brokered private placement with a strategic investor, issuing 8,350,000 common shares at $0.60 per share for total gross proceeds of $5,010,000.
All shares are subject to a four‑month‑plus‑one‑day hold period and applicable resale rules. According to Laramide, proceeds will be used for working capital and general corporate purposes. The closing remains subject to final regulatory and other approvals, including approval from the Toronto Stock Exchange.
Laramide Resources (OTCQX: LMRXF) announced a non-brokered private placement of 8,350,000 common shares at $0.60 per share for gross proceeds of $5,010,000 with a strategic investor. All securities will be subject to a hold period of four months plus one day under applicable securities laws.
According to Laramide, proceeds will be used for working capital and general corporate purposes. Closing of the Offering is conditional on receiving necessary regulatory and other approvals, including approval from the Toronto Stock Exchange.
Laramide Resources (OTCQX: LMRXF) released an updated Preliminary Economic Assessment for its 100%-owned Westmoreland Uranium Project in Queensland, replacing the 2016 study. At US$90/lb U3O8, the PEA outlines a post-tax NPV (7.5%) of US$741.1 million, post-tax IRR of 33%, and an estimated post-tax payback of about 2.5 years. Initial capital is estimated at US$456 million plus US$84 million contingency, with sustaining CapEx of US$84 million and average C1 operating costs of US$32.40/lb.
The 11-year open-pit operation is designed for average annual production of about 4.9 million lbs U3O8 (47.9 million lbs life-of-mine) at 2.9Mtpa throughput and 95% recovery. The mine plan is based on approximately 79% indicated and 21% inferred resources, with no reserves declared. According to Laramide, the PEA is preliminary, includes Inferred Resources, and there is no certainty the production targets or economic outcomes will be realized; a NI 43‑101 technical report will be filed within 45 days.
Laramide Resources (OTCQX: LMRXF) reported voting results from its annual and special shareholder meeting held June 26, 2026, in Toronto. 162,858,490 common shares were represented. Shareholders approved all items: election of five directors, appointment of RSM Canada LLP as auditor, and continuation of the Stock Option Plan.
Director support ranged from 60.19% to 95.70% of votes cast.
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.