Myriad Uranium Corp Stock Price, News & Analysis

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.

Myriad Uranium (OTCQB: MYRUF) reports chemical assay results from 34 boreholes at the Copper Mountain Project (October–November 2024). Expanded chemical sampling (706 additional samples) increased measured uranium grades versus downhole spectral gamma (eU3O8), with chemical assays averaging ~20% higher. High-grade ranges showed larger gains: samples >=1,000 ppm eU3O8 averaged 60% higher by chemical assay; >=500 ppm averaged 50% higher. Additional sampling produced numerous new and extended mineralised intervals (e.g., 31 new intervals at 100 ppm cut-off; 5 new intervals at 500 ppm cut-off). Myriad links results to historical Bendix and Union Pacific data and notes planned expanded drilling under an approved 222-borehole plan of operations.

Myriad Uranium (OTCQB: MYRUF) announced that the U.S. Bureau of Land Management approved a Plan of Operations enabling up to 222 boreholes across the Copper Mountain Project, expanding permitted activity beyond the Canning deposit to targets including Mint, Arrowhead, Lucky Cliff and Gem. Currently the company is bonded for 70 holes under Wyoming drilling notification with additional bonding planned in phases. The company also granted 1,300,000 stock options (exercise $0.43, 5-year term) and 925,000 RSUs (expire Dec 31, 2028). A qualified person noted historical data require further verification.

Myriad Uranium (OTCQB:MYRUF) has obtained a comprehensive 1982 DOE report revealing significant uranium potential at Copper Mountain. The study, conducted by Bendix Field Engineering Corporation, estimates a potential mineral endowment of ~245 million pounds uranium in the Control Area (of which Myriad holds 70%) and ~655 million pounds in the larger Assessment Area (Myriad holds 29%).

The assessment was based on extensive data from Union Pacific's C$118 million exploration program including 2,000 boreholes, along with Bendix's own research. The study identified several promising target areas for intermediate-grade uranium deposits (100-500 ppm eU3O8) down to 600 feet depth, with additional potential below this "hard deck" as evidenced by Myriad's 2024 drilling findings at 1,495 feet.

Myriad Uranium (OTCQB:MYRUF) has successfully closed its non-brokered private placement financing, raising $595,400 through the issuance of 2,381,600 units at $0.25 per unit. Each unit includes one common share and a half warrant, with full warrants exercisable at $0.35 until September 24, 2027.

The company paid $7,000 in finder's fees and issued 28,000 finder's warrants exercisable at $0.25 until September 24, 2027. The proceeds will be used for mineral property exploration and working capital. Company directors and officers participated in the financing, which qualified for exemption from formal valuation and minority shareholder approval requirements.

Myriad Uranium (OTCQB: MYRUF) has expanded its previously announced non-brokered private placement from $125,000 to $550,000. The company will issue up to 2.2 million units at $0.25 per unit, with each unit consisting of one common share and a half warrant. Each full warrant allows purchasing one share at $0.35 within 24 months.

Three board members, including CEO Thomas Lamb, Tom Lee, and Simon Clarke, will participate in the financing. The proceeds will be used for general working capital as the company advances its Copper Mountain and Red Basin projects. The securities will be subject to a four-month hold period, and the company expects to pay finder's fees.

Myriad Uranium (OTCQB:MYRUF) has announced a follow-on non-brokered private placement financing to accommodate a key institutional investor. The company will issue 500,000 units at $0.25 per unit for gross proceeds of $125,000.

Each unit consists of one common share and one-half of one common share purchase warrant. Each full warrant allows the purchase of one share at $0.35 for 24 months from issuance. The securities will have a four-month hold period, and proceeds will be used for general working capital.

Myriad Uranium Corp. (OTCQB: MYRUF) and Rush Rare Metals Corp. (CSE: RSH) have announced a proposed merger through a statutory plan of arrangement. Under the deal, Myriad will acquire 100% of Rush's shares at an exchange ratio of 1 Myriad share for every 2 Rush shares.

The merger follows Myriad's successful acquisition of a 50% interest in the Copper Mountain Project in Wyoming, with progress toward acquiring an additional 25% interest through $4,000,000 in exploration expenditures. Rush shareholders will also receive shares in a new spinoff company (Rush Spinco) that will hold Rush's Boxi Property in Quebec.

Both companies believe that 100% unified ownership of the Copper Mountain Property will enhance its market value and attract institutional and strategic investors. The transaction is subject to various approvals, including Rush shareholders, British Columbia Supreme Court, and the Canadian Securities Exchange.