Energy Future Holdings Corp. files sixth amended joint plan of reorganization.

The article discusses the Sixth Amended Joint Plan of Reorganization of Energy Future Holdings Corp. and its affiliates, filed in the United States Bankruptcy Court for the District of Delaware. The plan outlines the debtors' proposal for restructuring their debt and emerging from bankruptcy. The plan includes a proposed restructuring of the debtors' debt, as well as the creation of a trust to hold and distribute any recoveries from litigation related to the bankruptcy. The plan also includes provisions for the treatment of certain creditors and the distribution of assets. The article does not provide further details on the specific terms of the plan.

Uranium Energy Corp. (UEC), listed on the NYSE American, has filed its quarterly report for the third quarter of fiscal 2025, highlighting significant operational milestones and financial strength. The report underscores UEC's strategic alignment with the U.S. government's goal of quadrupling nuclear capacity and reducing dependence on foreign uranium sources.

Key operational highlights include the commissioning of the first new mine-unit at Christensen Ranch In-Situ Recovery (ISR) Mine in Wyoming, with Header House 10-7 coming online. Construction at Burke Hollow in South Texas is advancing, with major equipment installed and disposal well development in progress. UEC is also progressing with the Sweetwater production hub development in Wyoming, aiming to issue a Technical Report Summary (TRS) by the end of fiscal 2025. The Roughrider Pre-Feasibility Study in Canada has seen significant advancements, with metallurgical test work completed and a formal S-K 1300 Pre-Feasibility Study initiated.

The company has expanded its U.S. Operations and Technical Team, growing its workforce in Wyoming and Texas to over 100 employees. Key personnel have been added in operations, geology, metallurgy, and supply chain management, enhancing the production team's bench strength.

UEC's financial highlights for the period include $271 million in cash, inventory, and equities at market prices, with no debt on May 30, 2025. Inventory totals 1,356,000 pounds of U3O8 valued at $96.6 million at market prices. The company's U.S. warehoused physical uranium program will be expanded by 300,000 pounds through purchase contracts in December 2025 at $37.05 per pound.

Amir Adnani, President and CEO of UEC, stated, "With the U.S. targeting a fourfold expansion of nuclear capacity and rebuilding its nuclear industrial base under Presidential Executive Orders, UEC's production ramp-up is strategically aligned with the expected increase in uranium demand. This quarter's operational milestones underscore how ideally positioned UEC is to meet the call for secure, scalable, and 100% domestic uranium supply."

Reference List:
[1] https://www.morningstar.com/news/pr-newswire/20250602va00564/uranium-energy-corp-files-quarterly-report-for-the-third-quarter-of-fiscal-2025