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Tuesday, June 16, 2026

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Interesting Company News Today

Leishen Energy Named as the No. 1 Bid Winner for Surface Control Integrated Devices With a Sinopec Oilfield

(NASDAQ:LSE) Leishen Energy Holding Co., Ltd. announced that its Chinese operating subsidiary, ZJY Technologies Co., Ltd., has been named the No. 1 Bid Winner in a major procurement tender by a Sinopec oilfield branch. The Company received an official "Winning Bid Notice" from the tendering department of Sinopec for the supply of Skid-mounted Rooms for Wellhead Surface Control Integrated Devices, which include built-in air conditioning and electric heating systems. The Wellhead Surface Control Integrated Device Skid-mounted Room is a core component for modern oilfield digitalization, integrating control systems, air conditioning, and heating into a mobile, modular housing. Leishen Energy was founded in 2007 and is a China-based provider of clean-energy equipment and integrated solutions for the oil and gas industry. The Company's business operations have expanded beyond the PRC to Central Asia, the Middle East, and Southeast Asia.

Dr. Phil's Envoy Media Co. to Launch Original Greenland Arctic Adventure-Exploration Docuseries

(NASDAQ: GLND) Greenland Energy Company announced a wide-ranging partnership with Envoy Media Co. to produce an original docuseries—six one-hour weekly episodes—hosted by Dr. Phil McGraw and spotlighting Greenland Energy Company's Arctic exploration. The docuseries will chronicle Greenland Energy's historic Jameson Land Basin project and its planned 2026 campaign in East Greenland, the country's first modern onshore oil exploration. Envoy TV's 24/7 distribution includes Spectrum TV from Charter Communications in 41 top U.S. markets and Frndly TV (VMPD), available nationwide. The Envoy FAST channel is projected to reach more than 220 million TV households and connected devices across the United States by the series premiere. Greenland Energy Company recently announced that Arctic shipping vessels are scheduled to depart from Montreal, marking a major milestone toward its planned Jameson Land Basin drilling campaign. The company has disclosed business relationships with key contractors, including Halliburton, Stampede Drilling, and IPT Well Solutions. The series is slated to premiere late summer 2026.

TAG Oil Provides Update on Drilling Operations at BED-1 Concession, Egypt

(TSXV:TAO) TAG Oil Ltd. announced an update on drilling operations at the Badr Oil Field ("BED-1") in the Western Desert of Egypt, with the NDC-9 drilling rig expected to be mobilized to the BED-1 location this month. Surface site preparation is underway, and other regulatory requirements have been secured. Drilling operations for the T-200 vertical well are anticipated to start by mid-July. The T-200 well is designed as a vertical well with a planned total depth of approximately 4,250 metres and will target the Abu Roash "F" formation. Drilling and completion activities are expected to take approximately 60 days. The company projects that the T-200 well will further evaluate the production potential of this reservoir. Additional information on the BED-1 development program and the T-200 well can be found in the Company's updated June 2026 Corporate Presentation.

Greenridge Exploration Fully Exercises Option for 100% Interest in the Carpenter Lake Uranium Project in Athabasca Basin, Saskatchewan

(CSE: GXP) Greenridge Exploration Inc. announced that it has fulfilled all the obligations of its property option agreement to earn a 100% legal and beneficial interest in the Carpenter Lake Uranium Project, located on the southern margin of the Athabasca Basin in northern Saskatchewan, Canada. The Carpenter Lake Project comprises twelve (12) mineral claims covering approximately 18,680 hectares and more than fifteen (15) kilometers of the Cable Bay Shear Zone. Greenridge paid the Optionors an aggregate of $200,000 in cash, issued 300,000 common shares to ALX Resources Corp. in May 2024, and issued 600,000 common shares to Renegade Gold Inc. in three tranches in 2024, 2025, and 2026, and incurred a minimum of $1,000,000 in exploration expenditures. Only twelve holes have been drilled within the Project area, with eight drilled by Greenridge in the modern era, and a gravity survey was carried out in April 2026 with results pending. The Project is subject to a 2% net smelter returns royalty to previous vendors. The company projects further exploration work on the Project in the future and expects benefits from completing the option pursuant to the Agreement. Greenridge owns or has interests in 21 projects and additional claims covering approximately 229,658 hectares, including 12 uranium projects covering approximately 153,805 hectares.

Volt Carbon and C4V Achieve New Milestone in Proprietary BMLMP Lithium Metal Battery Program

(TSXV: VCT) Volt Carbon Technologies Inc. and Charge CCCV LLC (C4V) announced that a second round of lithium metal coin cell testing utilizing Volt Carbon's proprietary electrolyte and C4V's proprietary Bio-Mineralized Lithium Mixed Metals Phosphate (BMLMP) cathode technology has surpassed 850 charge-discharge cycles, representing an approximately 30% improvement in demonstrated cycle life over the previously announced results exceeding 650 cycles. The companies' strategic relationship was originally announced on November 17, 2023 and expanded through a Memorandum of Understanding on March 24, 2025. Volt Carbon is preparing additional shipments of its high-crystallinity graphite material for continued qualification under C4V's Green Anode™ initiative and will participate in C4V's Digital DNA™ (DDNA) program. The next phase of development is expected to include low-temperature battery testing and progression toward pouch cell validation, consistent with the objectives outlined in the companies' March 2025 Memorandum of Understanding. The collaborative development program is focused on advancing next-generation lithium metal batteries through continued cycle-life validation, low-temperature performance testing, and larger-format cell development. C4V aims to achieve 100GWh of cell production capacity globally by 2030.

EnCore Energy Reports High-Grade Uranium Mineralization at Alta Mesa East Project

(NASDAQ: EU) (TSXV: EU) enCore Energy Corp. reports positive results from the ongoing drilling program at the Alta Mesa East Project, with drill hole number 12-20 intersecting 8.5 feet of mineralization grading 0.199% U3O8 for a Grade Thickness (GT) of 1.69 from a depth of 487 feet. The latest results include 20 drill holes, of which 12 were found to be mineralized, and six of the ten drill holes have returned GT values ranging from 0.43 to 1.76. The ongoing drill program has discovered uranium mineralization within sands at an average depth between 400 and 460 feet, and within sands between 480 and 520 feet. The Alta Mesa Uranium Project hosts a fully licensed and operational Central Processing Plant (CPP) with a total operating capacity of 1.5 million pounds of uranium per year and additional drying capacity of 0.5 million pounds, operating under a 70/30 joint venture with Boss Energy Limited. The Company has identified four saturated mineralized sandstone horizons within the Pliocene Goliad Formation lying approximately 400 to 520 feet below the surface. The drill program continues with six rigs typically drilling on 400 to 500 foot spacing with an average depth of 600 feet. The company projects the expansion of Alta Mesa to include the Alta Mesa East property, the Dewey Burdock project in South Dakota, and the Gas Hills project in Wyoming.

Manhattan Uranium and Fortune Bay Commence Drilling at the Murmac Uranium Project, Athabasca Basin, Saskatchewan

(TSXV:MANU) Manhattan Uranium Discovery Corp. and Fortune Bay Corp. have commenced diamond drilling at the Murmac uranium project, located near Uranium City in northern Saskatchewan, as part of a fully funded program. The program comprises approximately 5,000 metres of drilling across up to 25 targets at Murmac and Strike, with drilling now underway on 15 priority targets at Murmac. Previous drilling at Murmac returned 8.40 metres grading 0.30% U₃O₈, including 1.20 metres at 1.79% U₃O₈, with individual assays up to 13.80% U₃O₈ over 0.10 metres and 4.54% U₃O₈ over 0.10 metres. Manhattan has the right to acquire up to a 70% interest in Murmac and Strike by funding an aggregate of C$6 million in exploration expenditures, making cash payments of an aggregate of C$1.35 million, and an aggregate of C$2.15 million in common shares. Fortune Bay is entitled to charge a 10% management fee on exploration expenditures. Manhattan holds a portfolio of 15 past-producing uranium mines across 25 underexplored properties covering 25,099 acres in the United States. The company projects that any positive results from the current program will be prioritized for follow-up during the current program.

F3 Targets New Discoveries in 2026 Summer Exploration Program Across PLN

(TSXV:FUU) F3 Uranium Corp announced an update on its 2026 summer exploration program across its 100% owned Patterson Lake North Project (PLN) in the Western Athabasca Basin. The program will advance new target areas across the Project's three properties — Patterson Lake North, Minto, and Broach — with drilling expected to commence in early July 2026 and will initially comprise approximately 4,000 metres. The Broach Property covers 19,022 hectares and hosts the Tetra Zone discovery, while the Patterson Lake North Property is 4,074 hectares and hosts the high-grade JR Zone uranium discovery located approximately 23 km northwest of Paladin's Triple R deposit. The Minto Property spans 19,864 hectares and includes the A4 trend, which spans nearly 7 km and runs parallel to the A1 conductor. The overall PLN Project consists of 42,961 hectares and is accessed by Provincial Highway 955. F3 Uranium also entered into an agreement with Delray Capital Markets Group for investor relations services for an initial 3-month term beginning July 1, 2026, for a fee of US$200,000, with a possible extension for up to US$150,000. The company projects that the 2026 summer program is designed to systematically advance new target areas in parallel with continued evaluation of flagship discoveries.

Strathmore Expands Agate Project Area as Drilling Program Exceeds Expectations

(CSE:SUU) Strathmore Plus Uranium Corporation announced the staking of nine lode mineral claims (186 acres) at its Flagship Agate exploration project in Wyoming's Shirley Basin Uranium Mining District. The spring 2026 drill program expanded Agate mineralization, with drill hole AG-292-26 encountering 14.5 feet of 0.063% eU 3 O 8 from 81.5 to 96 feet deep. The Agate property consists of 124 wholly owned lode mining claims covering ~2,560 acres, with uranium mineralization at depths from 20 to approximately 150 feet. Strathmore has completed 294 holes during the 2023-26 drilling programs, including installation of five monitor wells for groundwater studies and recovery of core for chemical assays and XRF analysis at the University of Wyoming. Historically, 53 million pounds of uranium were mined in Shirley Basin, including from open-pit, underground, and the first commercial in-situ recovery operation in the USA during the 1960s. The Agate and Beaver Rim properties contain uranium in typical Wyoming-type roll front deposits based on historical drilling data. The company is reviewing available lands for acquisition and future exploration and discovery of uranium in the Shirley Basin.

Critical Resources Advances Manufacturing Potential for Solid-State Lithium-Ion Batteries

(ASX:CRR) Critical Resources announced it has produced a full solid-state battery composite layer in a single dry, room-temperature deposition step as part of its battery IP program. The company deposited a complete cathode/electrolyte/conductive composite layer made up of LFP, LLZO, and a carbon-nanotube network on aluminium foil in one pass, with a disclosed layer thickness of 15 microns. Earlier company materials outlined benchmark results including more than 1,200 hours of interface stability, 3.2 mS/cm ionic conductivity, and 0.27 eV activation energy. CRR’s FY2025 annual report showed cash of $955,925 at 31 December 2025 and a net loss after tax of $2,034,340, while a later AGM presentation cited cash of $1.7 million at 31 March 2026. The company secured a 12-month exclusive option over a solid-state battery patent portfolio from the South Dakota School of Mines & Technology covering five granted US patents and one pending patent, with the option entering a formal six-month evaluation program after acceptance into an NSF-supported CEPS framework. Testing has now started in CR2032 coin-cell format, with a full-format pouch cell prototype in development and independent testing planned or ongoing. The company projects further validation will depend on quantitative data from the coin-cell program and scale-up into pouch-cell format.

Ballard Announces Order for 15 MW in the Stationary Power Market

(NASDAQ: BLDP) (TSX: BLDP) Ballard Power Systems announced an order totaling 15 megawatts (MW) of fuel cell systems for stationary applications from a company specializing in renewable off-grid power generation. The order comprises 150 FCmove ® -HD+ 100 kW fuel cell modules and marks the second order of this scale from the Customer, following a similar order placed in 2024. Deliveries are expected to start in the second half of 2026 and will be used in hydrogen gensets for applications ranging from live events, construction, and movie sets, to critical infrastructure. Ballard's stationary fuel cells range from 100 kW to multi-megawatt configurations and have been deployed globally across a range of applications, including EV charging and off-grid power generation. These systems provide a scalable, zero-emission, and low-noise alternative to conventional diesel generation. The company states that the order reflects continued market adoption of zero-emission fuel cell solutions for off-grid stationary power applications and a positive endorsement from their partner. Ballard's integrated service offerings include predictive maintenance and performance optimization.

Cobalt Blue and Glomar Minerals Progress Project Infinity Nodule Collaboration

(ASX:COB) Cobalt Blue has reported solid progress on its Project Infinity partnership with US critical minerals company Glomar, focused on constructing and operating the world’s first commercial refinery to process polymetallic nodules from the Clarion-Clipperton Zone (CCZ) in the Pacific Ocean between Hawaii and Mexico. Since the consortium was formed in March, the partners have advanced the site selection process, creating a shortlist of four potential brownfields locations across Texas, North Carolina, and Louisiana. Bench-scale test work has commenced on a 25 kilogram sample of CCZ nodules at Cobalt’s Broken Hill Technology Centre (BHTC) to assist in determining the optimal starter feed and defining the scope of work for a planned pre-feasibility study. Glomar Minerals owns the UK1 and UK2 exploration tenements within the CCZ over an area of approximately 133,000 square kilometres and holds a 19.9% interest in a third licence for an additional 58,000 sq km. The company has invested more than US$40 million on the licences since 2012 covering oceanographic and environmental surveys plus technical studies including harvesting and processing. The partners aim to process 200,000 tonnes of polymetallic nodules and 7,500t of cobalt hydroxide per annum. The company states that new surveys have been planned for later this year and samples will be sent to the BHTC for piloting test work as part of the feasibility studies for Project Infinity.

Comstock Announces $600 Million Strategic Investment by Sixth Street in Pinnacle Gas Services

(NYSE: CRK) Comstock Resources, Inc. announced the sale of a minority equity interest in its midstream subsidiary, Pinnacle Gas Services LLC, to certain funds managed by Sixth Street for $600 million. Sixth Street acquired a 27% non-controlling common equity interest in Pinnacle, valuing Pinnacle at a $2.2 billion enterprise value. Comstock retained a 73% controlling common equity interest in Pinnacle, valued at approximately $1.6 billion. The proceeds from the investment were used to fully extinguish and retire the Pinnacle preferred equity securities for $445 million plus accrued dividends, all outstanding indebtedness at Pinnacle, transaction costs, and for working capital. The transaction is expected to materially reduce the fixed charges of Pinnacle by approximately $40 million per year. Comstock's development covers 540,000 net acres in the Western Haynesville. Upon Sixth Street achieving certain return hurdles, its ownership in Pinnacle will be reduced from 27% to 19.5% and Comstock's ownership will increase from 73% to 80.5%.

Standard Uranium Provides Drilling Update on the 2026 Drill Program at Flagship Davidson River Project – Announces Elevated Radioactivity in First Drill Hole

(TSXV: STND) Standard Uranium Ltd. announced an update on drilling activities at its flagship Davidson River Project, with drilling having begun on June 1, 2026 and a total of 900 metres completed to date in two in-progress holes on the Bronco and Thunderbird corridors. The first drill hole of the program, DR-26-040, on the Bronco corridor, intersected a total of three metres of anomalous radioactivity (>300 counts per second) with peaks up to 540, 780, and 1,650 counts per second from 464.0 to 466.0 metres. The Davidson River Project includes 10 contiguous mineral dispositions totaling 30,737 hectares and lies approximately 25 km west of the Arrow and Triple R uranium deposits and 75 km south of the past-producing Cluff Lake uranium mine. Since 2020, the company has completed 16,561 metres of diamond drilling in 39 drill holes on the Davidson River property. Standard Uranium holds interest in over 223,900 acres (90,609 hectares) in the Athabasca Basin in Saskatchewan, Canada, and its eastern Athabasca projects comprise over 40,268 hectares of prospective land holdings. Drilling is ongoing and is planned to continue through August 2026. The company expects future success and projects that recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model.

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