Frontier Nuclear and Minerals Announces 2026 Annual General Meeting Results

Frontier Nuclear & Minerals (FNUC) reported a net loss of $14.95M for the six months ended December 31, 2025, up from $2.36M a year earlier. The company raised $50.69M through equity financing, increasing total assets to $127.2M. Despite this, FNUC disclosed going concern uncertainties due to lack of operating cash flow and an accumulated deficit of $57.49M, though management believes capital is sufficient for at least 12 months.

Frontier Nuclear and Minerals (NASDAQ: FNUC) said it signed an agreement with DISA Technologies to characterize and remediate legacy uranium mine waste at Frontier’s 100% owned Maybell uranium project in Colorado using DISA’s HPSA system. DISA will run the program and cover costs; Frontier receives a sliding-scale net revenue royalty of 2.5%–4% based on uranium and other mineral sales. Characterization is expected to take ~6 months.

Blue Owl Capital arranged a $2.4 billion debt deal for Iren to buy Nvidia GPUs for a Canadian data center. The financing includes $1.2 billion in loans and notes, both at 9% interest. Iren, a cloud provider and Bitcoin miner, plans $30B in 2027 capex. Its shares fell 13% to $35.40 on Friday. Blue Owl manages $319B in assets.

The U.S. Air Force awarded Boeing a $131.23 billion contract for F-15 production, modernization, and sustainment through 2037. The contract includes options for foreign military sales to several countries. Initial funding is $343,740 for fiscal 2026. Boeing will perform the work in St. Louis. The contract does not guarantee full spending and includes no immediate jet orders.

Anfield Energy (TSXV, Nasdaq: AEC) plans to raise $50M to refurbish Utah's Shootaring Canyon mill, aiming for a 2028 reopening. The mill will process uranium and vanadium, reducing U.S. reliance on imports. Capital expenditures are estimated at $80.1M, with flexibility in financing options. The company expects a mill licence by late 2024 or early 2027, unlocking financing and construction. An updated PEA forecasts significant after-tax NPV and IRR, with production from Velvet-Wood and Slick Rock

Blackstone Inc. is selling up to 11.1 million units (25.03%) of its stake in Knowledge Realty Trust, valued at $1.25 billion. The sale, priced at a 4.7% discount, will reduce Blackstone's ownership to 21.5% if fully exercised, making Sattva Group the largest shareholder with 32%.