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. reports on uranium exploration and project development centered on the Copper Mountain Uranium Project in Fremont County, Wyoming. Company news covers NI 43-101 technical reporting, drill planning and assay follow-up, airborne magnetic and radiometric geophysics, land staking, ground-truthing of exploration targets, and the interpretation of historical uranium datasets.
Recurring updates also address U.S. critical-minerals policy as it relates to domestic uranium supply, corporate presentations for the junior mining market, strategic advisory appointments, and portfolio or alliance activity tied to uranium projects in the United States.
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.
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.