STOCK TITAN

Fusion Fuel (NASDAQ: HTOO) outlines Royal Uranium deal and 2% NSR exposure

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K/A

Rhea-AI Filing Summary

Fusion Fuel Green PLC filed an amended report to replace an earlier press release with a corrected version describing its planned acquisition of Royal Uranium Inc. and related royalty assets. The company highlights an anticipated 2.0% Net Smelter Return (NSR) royalty on two mineral claims within the Shea Creek Joint Venture in Canada’s Athabasca Basin, operated by Orano Canada and Uranium Energy Corp. This NSR is part of a portfolio of 16 uranium royalty interests Fusion Fuel expects to acquire through a share exchange agreement for a controlling stake in Royal Uranium, which remains subject to shareholder, regulatory, and other closing conditions. The release emphasizes long-term uranium demand growth and extensive prior drilling at Shea Creek while repeating detailed forward-looking risk disclosures around commodity prices, permitting, project development, and integration of the royalty assets.

Positive

  • None.

Negative

  • None.

Insights

Fusion Fuel amends disclosure and outlines a pending uranium royalty portfolio deal.

Fusion Fuel updates investors with a corrected press release about its planned acquisition of Royal Uranium, a royalty company with 16 uranium and natural gas royalty interests across the Americas. A key focus is an anticipated 2.0% NSR royalty on two mineral claims within the Shea Creek Joint Venture in Canada’s Athabasca Basin.

The filing stresses that the share exchange agreement is still subject to Irish regulatory approvals, shareholder approval, required third-party consents, and other closing conditions. It also underscores that cash flows from these royalties depend on successful exploration, permitting, development decisions by third-party operators, and volatile uranium and natural gas prices.

The strategic angle is potential long-duration exposure to uranium markets without direct operating risk, but realization of value hinges on operators advancing projects like Shea Creek and broader uranium market dynamics. Subsequent company filings would indicate if and when the Royal Uranium transaction actually closes and how the royalty assets contribute to future results.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K/A

(Amendment No. 1) 

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: March, 2026.

 

Commission File Number: 001-39789

 

Fusion Fuel Green PLC

(Translation of registrant’s name into English)

 

9 Pembroke Street Upper

Dublin D02 KR83

Ireland

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On March 25, 2026, Fusion Fuel Green PLC, an Irish public limited company (the “Company”), furnished a Report on Form 6-K (the “Original Form 6-K”) with the U.S. Securities and Exchange Commission (the “SEC”) which included a press release (the “Prior Press Release”) relating to a certain uranium royalty asset held by Royal Uranium Inc., a company incorporated under the laws of British Columbia, Canada (“Royal Uranium”). A copy of the Prior Press Release was attached to the Original Form 6-K as Exhibit 99.1. On March 27, 2026, the Company issued a press release intended to correct certain information included in the Prior Press Release (the “Correcting Press Release”). This Amendment to Form 6-K is being furnished to amend the Original Form 6-K to include a copy of the Correcting Press Release, which is furnished as Exhibit 99.2 to this Report on Form 6-K.

 

As previously disclosed in a Report on Form 6-K furnished with the SEC on February 18, 2026, the Company entered into a Share Exchange Agreement (the “Share Exchange Agreement”), dated as of February 18, 2026, among the Company and certain shareholders of Royal Uranium, pursuant to which the Company agreed to acquire up to 100% of the issued and outstanding shares in the capital of Royal Uranium. The closing of the transactions contemplated under the Share Exchange Agreement remain subject to certain closing conditions.

 

Forward-Looking Statements

 

The press releases attached as Exhibit 99.1 and Exhibit 99.2 hereto and the statements contained therein include “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Such forward-looking statements include, but are not limited to, statements regarding the Company’s planned acquisition of a controlling interest in Royal Uranium and its expectation to gain royalty exposure to uranium exploration activity across certain projects without additional cost to itself or the royalty holder, and statements regarding planned exploration activities at certain uranium projects. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the ability of the parties to the Share Exchange Agreement to complete the transaction, the Company’s ability to integrate Royal Uranium’s assets into its business, the ability of the parties to obtain Irish regulatory approval and any other required third-party consents and approvals in connection with the transaction, obtain the approval of the Company’s shareholders, and to meet all other closing conditions; the realization of revenues from the assets of Royal Uranium, including its uranium and natural gas royalties, which may depend on, among other things, the commercial development of uranium and natural gas deposits, the receipt and maintenance of exploration, mining, and environmental permits and approvals by the operators of the underlying properties, regulatory approval, and market demand for uranium and natural gas as sources of energy; volatility in uranium and natural gas commodity prices, which directly affect the potential value of net smelter return and other royalty interests, the risk that operators of royalty-bearing properties may delay, suspend, or abandon exploration or development activities due to insufficient funding, unfavorable economic conditions, technical challenges, or regulatory obstacles; the possibility that exploration activities, including those authorized under recently obtained permits, may not result in the discovery of commercially viable mineral deposits or hydrocarbon reserves; the dependence of the Company on third-party operators over whom it has no operational control, including decisions regarding the pace, scope, and method of exploration and development; the risk that changes in mining, environmental, or energy laws and regulations in the jurisdictions where the royalty assets are located, including Canada, Colombia, and Argentina, which may adversely affect the feasibility or economics of the underlying projects; political, economic, and social risks associated with operating in foreign jurisdictions, including currency controls, expropriation, nationalization, and changes in fiscal regimes; the risk that royalty agreements may be subject to disputes regarding their scope, enforceability, or the calculation of permitted deductions from gross revenues; competition from existing or new offerings that may emerge; impacts from strategic changes to the Company’s business on net sales, revenues, income from continuing operations, or other results of operations; the Company’s ability to obtain sufficient funding to maintain operations and develop additional services and offerings; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Exhibit No.   Description
99.1   Press Release dated March 25, 2026 (incorporated by reference to Report on Form 6-K filed on March 25, 2026)
99.2   Press Release dated March 27, 2026

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Fusion Fuel Green PLC
  (Registrant)
   
Date: March 27, 2026 /s/ John-Paul Backwell
  John-Paul Backwell
  Chief Executive Officer

 

 

 

 

Exhibit 99.2

 

Fusion Fuel Highlights Royal Uranium’s 2% NSR on Two Mineral Claims held by the Shea Creek Joint Venture, One of Canada’s Largest Undeveloped Uranium Projects in the Athabasca Basin

 

Part of a 16-uranium-royalty portfolio across the Athabasca Basin, Newfoundland, Colombia, and Argentina

 

Dublin, March 27, 2026 (GLOBE NEWSWIRE), Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today highlighted information about its anticipated 2.0% Net Smelter Return (the “NSR”) royalty on two mineral claims – MC00040006 and MC0004007 – within a larger set of mineral claims held by the Shea Creek Joint Venture. The NSR is part of a portfolio of royalty rights that the Company anticipates will be acquired upon the closing of its previously announced agreement with Royal Uranium Inc. (“Royal Uranium”).

 

The Shea Creek Joint Venture, in the Western Athabasca Basin area of northern Saskatchewan, Canada, is operated by Orano Canada Inc., a subsidiary of French state-majority-owned nuclear fuel cycle company Orano SA, in a joint venture with Uranium Energy Corp. (“UEC”), benefiting from strong government-backed support and long-term demand driven by France’s nuclear energy program. The Western Athabasca Basin has attracted investment from some of the world’s largest nuclear energy companies and is believed to have strong expansion potential.

 

The Shea Creek Joint Venture discovered four deposits — Kianna, Anne, Collette, and 58B — within mineral claim S-104638.1 The mineral resource estimates below describe these four deposits. Note that the NSR royalty described in this release does not attach to claim S-104638 and will not entitle the holder of the NSR to any compensation related to production therefrom. UEC has indicated that expansion potential remains very high, with 278,889 meters of drilling across 563 drill holes completed since 1992.1

 

UEC’s 2022 Technical Support’s 2022 mineral resource estimate for the four deposits at a cut-off grade of 0.30% U3O8 total1:

 

67.57 million pounds U₃O₈ indicated (2,056,000 tonnes grading 1.49% U₃O₈)

 

28.06 million pounds U₃O₈ inferred (1,254,000 tonnes grading 1.02% U₃O₈)

 

The NSR is one of 16 uranium royalty interests anticipated to be acquired as part of the Royal Uranium transaction with assets located across the Athabasca Basin, Newfoundland, Colombia, and Argentina.

 

Global uranium demand is forecast to reach 397 million pounds by 2040 — a 118% increase from 2025 levels — while supply is projected to grow only 14%, creating an estimated annual deficit of approximately 197 million pounds by 2040.2

 

 

1 2022 Technical Report on the Shea Creek Project, Saskatchewan,” effective October 31, 2022, filed by Uranium Energy Corp. with the U.S. Securities and Exchange Commission (“SEC”) on January 11, 2023. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

2 “Uranium's Tale of Two Markets” (December 15, 2025), https://sprott.com/insights/uranium-s-tale-of-two-markets/. 

 

 
 

 

This gap cannot be closed by existing producers alone. Development-stage resources, such as those in the Western Athabasca Basin, will be essential to meeting demand. Additionally, the Kazatomprom Group, the world’s largest uranium producer, publicly flagged sulfuric acid shortages and construction delays during 2023–2025 that constrained planned production increases, contributing to a tighter-than-expected Western supply outlook over that period and increasing the geopolitical premium on Americas-based assets such as those in Saskatchewan.

 

“Shea Creek contains one of the largest undeveloped uranium resources in Canada, operated by two of the industry’s most experienced names. Through our anticipated acquisition of Royal Uranium, the holder of a 2.0% NSR royalty on mineral claims MC00004006 and MC00004007, we anticipate providing Fusion Fuel with a share of value generated from any deposits that may be discovered within those two claims without additional capital spend,” stated JP Backwell, Fusion Fuel CEO.

 

Background On Royal Uranium Transaction

 

On February 18, 2026, Fusion Fuel announced that it had entered into a definitive share exchange agreement (“Share Exchange Agreement”) to acquire a controlling interest in Royal Uranium, a private royalty company holding a portfolio of 16 royalties across the Americas. The proposed transaction is intended to provide Fusion Fuel with exposure to energy commodity royalties from certain assets, particularly uranium and natural gas deposits, through a capital-efficient royalty portfolio.

 

ABOUT FUSION FUEL GREEN PLC

 

Fusion Fuel Green PLC (NASDAQ: HTOO) provides integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas, BrightHy Solutions, and BioSteam Energy platforms. With operations spanning LPG supply to hydrogen and bio-steam solutions, the Company supports decarbonization across industrial, residential, and commercial sectors. For more information, please visit www.fusion-fuel.eu.

 

ABOUT ROYAL URANIUM INC.

 

Royal Uranium is a private energy royalty entity holding a portfolio of tier one high-quality uranium and natural gas royalties across premier mining jurisdictions in the Americas, operated by experienced industry partners. The portfolio is designed to provide long-duration exposure to commodity price upside while minimizing operating risk through the royalty model. For more information, please visit www.royaluranium.com.

 

 
 

 

FORWARD-LOOKING STATEMENTS

 

This press release and the statements contained herein include “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Such forward-looking statements include, but are not limited to, statements regarding the Company’s planned acquisition of a controlling interest in Royal Uranium and its expectation to gain royalty exposure to uranium exploration activity across certain projects without additional cost to itself or the royalty holder, and statements regarding planned exploration activities at certain uranium projects. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the ability of the parties to the Share Exchange Agreement to complete the transaction, the Company’s ability to integrate Royal Uranium’s assets into its business, the ability of the parties to obtain Irish regulatory approval and any other required third-party consents and approvals in connection with the transaction, obtain the approval of the Company’s shareholders, and to meet all other closing conditions; the realization of revenues from the assets of Royal Uranium, including its uranium and natural gas royalties, which may depend on, among other things, the commercial development of uranium and natural gas deposits, the receipt and maintenance of exploration, mining, and environmental permits and approvals by the operators of the underlying properties, regulatory approval, and market demand for uranium and natural gas as sources of energy; volatility in uranium and natural gas commodity prices, which directly affect the potential value of NSR and other royalty interests; the risk that operators of royalty-bearing properties may delay, suspend, or abandon exploration or development activities due to insufficient funding, unfavorable economic conditions, technical challenges, or regulatory obstacles; the possibility that exploration activities, including those authorized under recently obtained permits, may not result in the discovery of commercially viable mineral deposits or hydrocarbon reserves; the dependence of the Company on third-party operators over whom it has no operational control, including decisions regarding the pace, scope, and method of exploration and development; the risk that changes in mining, environmental, or energy laws and regulations in the jurisdictions where the royalty assets are located, including Canada, Colombia, and Argentina, which may adversely affect the feasibility or economics of the underlying projects; political, economic, and social risks associated with operating in foreign jurisdictions, including currency controls, expropriation, nationalization, and changes in fiscal regimes; the risk that royalty agreements may be subject to disputes regarding their scope, enforceability, or the calculation of permitted deductions from gross revenues; competition from existing or new offerings that may emerge; impacts from strategic changes to the Company’s business on net sales, revenues, income from continuing operations, or other results of operations; the Company’s ability to obtain sufficient funding to maintain operations and develop additional services and offerings; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the SEC on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Investor Relations Contact

 

ir@fusion-fuel.eu
www.fusion-fuel.eu

 

 

 

 

FAQ

What does Fusion Fuel Green PLC (HTOO) disclose about the Royal Uranium deal?

Fusion Fuel describes a share exchange agreement to acquire a controlling interest in Royal Uranium, a private royalty company with 16 uranium and natural gas royalty interests. The transaction is intended to give Fusion Fuel exposure to commodity royalties, but it still depends on multiple closing conditions.

What is the 2.0% NSR royalty highlighted by Fusion Fuel (HTOO)?

Fusion Fuel highlights an anticipated 2.0% Net Smelter Return royalty on two mineral claims, MC and MC0004007, within the Shea Creek Joint Venture in Canada’s Athabasca Basin. This royalty would provide a share of value from any future production on those specific claims if the Royal Uranium transaction closes.

Is the Royal Uranium acquisition by Fusion Fuel (HTOO) completed?

No. The filing states the share exchange agreement to acquire Royal Uranium remains subject to Irish regulatory approvals, other required consents, shareholder approval, and satisfaction of closing conditions. Completion timing and final terms will depend on meeting these conditions and any future approvals.

How many royalty interests does Fusion Fuel (HTOO) expect to gain from Royal Uranium?

Fusion Fuel notes that Royal Uranium holds a portfolio of 16 royalty interests, primarily focused on uranium and natural gas assets across the Americas. The company anticipates acquiring these royalties if the share exchange agreement closes, providing potential long-duration exposure to energy commodity prices.

What uranium market outlook is referenced in Fusion Fuel’s (HTOO) release?

The release cites a forecast that global uranium demand could reach 397 million pounds by 2040, a 118% increase from 2025 levels, while supply is projected to grow only 14%. This scenario implies a sizable structural deficit, underpinning interest in development-stage projects and royalty exposure.

What risks does Fusion Fuel (HTOO) highlight around the Royal Uranium royalties?

Fusion Fuel lists risks including commodity price volatility, permitting and regulatory changes, operators delaying or abandoning projects, political and fiscal risks in jurisdictions like Canada, Colombia, and Argentina, potential royalty agreement disputes, funding needs, and broader business risks described in its Form 20-F.

Filing Exhibits & Attachments

1 document
Fusion Fuel Green Plc

NASDAQ:HTOO

View HTOO Stock Overview

HTOO Rankings

HTOO Latest News

HTOO Latest SEC Filings

HTOO Stock Data

8.12M
1.74M
Utilities - Renewable
Utilities
Link
Ireland
Dublin