US Ban of Russian Uranium Could Benefit Canadian Explorer By Benzinga

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Benzinga – by The Gold Report, Benzinga Contributor.

Source: Streetwise Reports 05/07/2024

Vancouver-based Tisdale Clean Energy Corp. is watching a major development involving uranium in the United States with interest. Find out why one analyst calls it a “big deal.”

Vancouver-based Tisdale Clean Energy Corp. (OTC: TCEFF), which is exploring and developing the Fraser Lakes B uranium deposit at the South Falcon East project outside the edge of the Athabasca Basin, is watching a major development involving the nuclear fuel in the United States with interest.

The U.S. Senate followed the House in approving a ban on American imports of Russian uranium last week. President Joe Biden has said he would sign the measure, shaking up the market and pushing spot prices up nearly 7% from April 25 to US$92.25 on May 2.

Red Cloud Securities analyst David Talbot said in a Monday webcast interview with Tisdale Chief Executive Officer Alex Klenman that…

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