News: PEN Peninsula Energy Says Rachel Rees Will Leave Her Position As CFO, page-16

This bill will hopefully lead to the Russian uranium ban soon.

Also from John Quakes:

"In 2020, Congress established the strategic Uranium Reserve as a 10-year $1.5 Billion DOE program, but only $75M was initially allocated to the program due to Democrat pushback. In December 2022, DOE awarded 5 contracts to acquire US-mined drummed yellowcake U3O8 from 5 US miners – Uranium Energy Corp, enCore Energy, Peninsula Energy, Ur-Energy and Energy Fuels – for a total of 1.1 Million lbs of direct purchases from miners. The program then went into hibernation due to lack of funding. Last night’s passage of $2.7 Billion NFSA funding brings the Uranium Reserve program back into action."


Hopefully PEN will be able to sign another contract with the DOE to supply more uranium to the reserve (with the DOE paying above spot market uranium price like last time)