Found this interesting as a new holder today. Sorry in advanced...

Found this interesting as a new holder today. Sorry in advanced if it has been posted.

The Solactive Global Uranium and Nuclear Components Total Return Index, which is tracked by Global X Uranium ETF, is the largest exchange-traded fund in the uranium sector.

Alligator Energy Ltd (ASX:AGE) has been selected for inclusion on the Solactive Global Uranium (TSX-V:GU) and Nuclear Components Total Return Index (SOLURANT), one of the most important uranium and nuclear industry indexes globally.The SOLURANT index is tracked by Global X Uranium ETF (NYSE:URA), which is the largest exchange-traded fund in the uranium sector with net assets of about US$645 million.Solactive announced on July 22, 2021, that Alligator Energy would be added to an ordinary index rebalancing to be implemented on August 2, 2021.

“Valuable recognition”
Alligator CEO Greg Hall said: “The inclusion of Alligator Energy on the SOLURANT Index, which underlies the Global X Uranium ETF, is a significant and valuable recognition of the recent growth strategy and value of Alligator.“We will focus on building value in our existing projects, while continuing evaluation of further targeted external uranium resource opportunities.“The positive market sentiment in the uranium market and nuclear businesses is being underpinned by increasingly positive policy and clean energy drivers globally, as well as changing supply/demand dynamics.

”Focused on uranium targets"
Alligator Energy is an Australian exploration company focused on uranium and energy-related minerals, principally cobalt and nickel.The company is engaged in prospective, drill-ready uranium targets on granted tenements in Australia's uranium province, the ARUP in the Northern Territory.Alligator has also formed a strategic relationship with Traxys North America LLC, the US arm of the global commodities trading group Traxys.

“Return to favour of Nuclear Energy”
Alligator non-executive chairman Paul Dickson said: “The Alligator management team and board have been working extremely hard to best position Alligator Energy for what we see is the inevitable return to favour of nuclear energy.“In anticipation of an improving market we have been able to put in place an established global M & A team, and developed links with well credentialled local and international investment banks and funds.“The improving uranium market and investor interest is throwing up many opportunities, which we will carefully consider on their merits.”

www.p roactiveinvestors.com.au/companies/news/955926/alligator-energy-to-be-included-on-key-global-uranium-index-955926.html (backspace on r)