Welcome to our dedicated page for Myriad Uranium news (Ticker: MYRUF), a resource for investors and traders seeking the latest updates and insights on Myriad Uranium stock.
Myriad Uranium Corp. (MYRUF) generates frequent news as it advances uranium exploration projects in the United States and pursues corporate transactions. Company releases highlight progress at the Copper Mountain Uranium Project in Wyoming, where Myriad has earned or holds a 75% interest under an option agreement with Rush Rare Metals Corp., and at the Red Basin Uranium Project in New Mexico, where it reports a 100% or earnable 100% interest subject to certain conditions in some disclosures.
News coverage for Myriad often focuses on exploration results at Copper Mountain, including drilling updates, chemical assay results, and technical interpretations. The company has reported that assays from drilling at the Canning deposit have, in many cases, exceeded earlier gamma probe-derived grades, identifying new mineralized intervals and extending known ones. It has also announced regulatory milestones such as the approval of a Plan of Operations by the Bureau of Land Management, which allows for up to 222 boreholes across multiple targets in the Copper Mountain Project Area.
Investors following MYRUF news can also expect updates on financings, such as non-brokered private placements and bought-deal offerings used to fund exploration and corporate activities. Myriad’s releases describe the terms of units, warrants, and related party participation, as well as intended use of proceeds. Corporate news includes equity incentive grants and a binding letter of intent for a proposed merger with Rush Rare Metals Corp., aimed at consolidating 100% ownership of Copper Mountain in Myriad.
This news page provides a centralized view of Myriad’s announcements on exploration progress, historical study interpretations, financing events, and proposed corporate combinations, helping readers track how the company is advancing its uranium projects and managing its capital structure over time.
Myriad Uranium (OTCQB: MYRUF) completed preliminary interpretation of a December 2025 high-resolution airborne magnetic and radiometric survey over the Copper Mountain Uranium Project and has begun systematic ground-truthing.
Key points: >100 anomaly points prioritized (mostly east of a major north-south structural corridor), initial field readings consistent with airborne data, and a phase 2 drill program planned to start in Q2.
Myriad Uranium (OTCQB: MYRUF) will present at Red Cloud's Pre-PDAC Mining Showcase in Toronto on February 26-27, 2026. The in-person event at the Omni King Edward Hotel includes a company update by Thomas Lamb, President and CEO, on February 27 at 11:20 AM EST.
The presentation will cover strategy, recent developments and next-phase initiatives and offers opportunities for one-on-one investor meetings.
Myriad Uranium (OTC: MYRUF) and Rush Rare Metals executed a definitive merger agreement dated February 13, 2026, under which Myriad will acquire 100% of Rush by issuing 0.5405 Myriad Shares per Rush Share.
The Exchange Ratio implies an 18%–22% premium to Rush based on reference prices; Rush shareholders will also receive Rush Spinco shares for the Boxi property. Closing remains subject to shareholder, court and regulator approvals, and Rush will be delisted upon completion.
Myriad Uranium (OTCQB: MYRUF) entered a binding updated letter of intent dated January 7, 2026 to merge with Rush Rare Metals by way of a statutory plan of arrangement under which Myriad would acquire 100% of Rush.
Key terms: exchange ratio of 1 Myriad share per 1.85 Rush shares (1 Rush = 0.5405 Myriad). Based on CSE closing prices on January 6, 2025 the ratio implied an 18% premium to Rush (and 22% premium on 20-day VWAP). Rush will spin out its Boxi property to Rush Spinco; Rush shareholders will receive Rush Spinco shares plus Myriad shares on closing.
Myriad Uranium (OTCQB: MYRUF) announced on December 8, 2025 that it has earned a 75% interest in the Copper Mountain Uranium Project in Wyoming by spending over $5.5 million on eligible expenditures under the option agreement with Rush Rare Metals dated October 18, 2023, as amended.
The company's 75% interest and Rush's 25% interest are subject to certain underlying NSR royalties. Management said first-phase drilling and exploration have significantly exceeded expectations.
Myriad Uranium (OTCQB: MYRUF) completed a large-scale helicopter-borne radiometric and magnetic survey across the Copper Mountain Uranium Project on December 4, 2025. The survey covered approximately 191.8 km2 with 2,114 line-kilometres at 100 m spacing and 30 m flight height. Preliminary uncorrected images have been received and final processed data is expected January 2026. The company cites historical district estimates including a 1982 Bendix study noting ~655 Mlbs uranium district-wide and ~245 Mlbs in a Contral Area (Myriad controls at least 70% of that area); those are historical, not NI 43-101 compliant. A qualified person reviewed the release but underlying original data remain unavailable for verification.
Myriad Uranium (OTCQB: MYRUF) completed high-resolution ground magnetic and radiometric surveys over its Red Basin claims in New Mexico and has earned a 100% interest in 86 lode claims covering ~1,776 acres following an option agreement dated January 30, 2025. The surveys collected 160 line-km magnetic and 142 line-km gamma data to help refine exploration targeting; final outputs are expected in the coming weeks. Myriad engaged Machai Capital for a 12-month market awareness program, paying $300,000 plus GST and issuing 300,000 stock options exercisable at $0.35 until November 25, 2027 (vest Mar 25, 2026). Historical resource estimates are described as not verified and not treated as current resources.
Myriad Uranium (OTC: MYRUF) closed a bought-deal private placement on November 13, 2025 raising gross proceeds of C$8,603,000 by issuing 21,507,500 units at C$0.40 per unit. Each unit includes one common share and one warrant exercisable at C$0.60 between Jan 13, 2026 and Nov 13, 2028. Underwriters received C$475,680 in cash fees plus 1,189,200 broker warrants. Net proceeds are earmarked for exploration and advancement of the Copper Mountain (WY) and Red Basin (NM) uranium projects, and for general corporate purposes. Closing remains subject to final CSE approval.
CEO.CA published an Inside the Boardroom interview with Thomas Lamb, CEO of Myriad Uranium (CSE: M / OTCQB: MYRUF / FSE: C3Q) on November 5, 2025.
The piece highlights CEO.CA's role as a media partner covering junior mining executives and invites investors to view the video interview on CEO.CA or YouTube. It presents Myriad Uranium's leadership perspective and directs readers to the company profile and contact channels for investor engagement and promotional inquiries.
Myriad Uranium (OTCQB: MYRUF) announced on October 30, 2025 that the letter of intent (LOI) dated August 6, 2025 regarding a proposed merger with Rush Rare Metals has expired under its terms.
The release notes that Myriad and Rush remain in contact and continue to pursue a potential transaction on mutually acceptable terms, and Myriad's CEO said both parties are optimistic a deal may be reached in due course.