Ann: Eclipse to Divest Northern Territory Projects, page-113

Global X - URA (need the below requirements)

Be included in the UxC Supplier Annual 2021 edition---> ~21st Dec

Selection day is 17th January for the Global X - URA ---- which is the Free Float Market Cap review date. Need to be >$50M USD MC (less management shares, escrow, govt holdings)
This is pretty funny as the Cerium shares start to come off Escrow on the 14th January.

Other aspects on the review date include Daily Volume Trading Average >$50K USD over the last 3 month, i.e. 17th Oct ---> 17th Jan.

If EPM is cleared off in all the above (and due to likely high number of new companies) there is a modest allocation.

This is a minimum 0.25% allocation of EPM (with max index composition cap i.e. <0.40%), at the current $1.29B MC USD of URA (currently).
Which translates as $4.5M AUD, or 86.5M EPM shares, at the current sticky 5.2 cents price.


URNM (now owned by Sprott).

Review period are MAR and SEP (and not Jan/July).
There are allocations to even as low as $40M MC USD. (i.e. BKY.ax, which is likely to come off etc).
Post-demerger EPM falls under the Uranium Royalty allocation which is full weight of 17.5%. (this has minimum floor of 0.30%).

So you might have something weird where "Oz Yellow" might be included the the September review.

Caution though there was some expectation of AGE being included into to URNM earlier this year; but didn't make it despite having the required market cap. Because they don't work off a publication list they are likely limited to narrow list of companies.

So 0.30% of current $800M MC USD is about $2.4M AUD, or 46M EPM shares at the current sticky 5.2 cents price.