Noble Plains Uranium Corp: Strategic Acquisition and Market Movements

In a significant development for the uranium sector, Noble Plains Uranium Corp (OTCQB: NBLXF) has successfully completed the acquisition of an 80% interest in the Duck Creek Project, located in the heart of Wyoming’s Powder River Basin. This strategic move positions the company among major uranium players, including Cameco, Uranium Energy Corp., and GTI Energy, as it seeks to capitalize on the region’s rich uranium potential.

The acquisition was finalized through a transaction involving the issuance of 1,250,000 common shares and a cash payment of US$250,000 to UNXE238 Corp. The Duck Creek Project spans 4,133 acres and boasts over 4,000 historical drill holes, with notable intercepts such as 8.9 feet grading 0.75% U₃O₈. A new NI 43-101 technical report underscores the project’s potential, highlighting an exploration target of 2.37-5.45 million tons at grades between 0.03-0.05% U₃O₈.

This acquisition is a pivotal step for Noble Plains Uranium, as it enhances its portfolio and strengthens its position in the uranium market. The company’s strategic location among established uranium projects further underscores its potential for growth and development.

In parallel with these developments, Noble Plains Uranium Corp experienced a temporary trading halt on the TSX Venture Exchange. The halt, initiated by the Canadian Investment Regulatory Organization (CIRO) at 12:24 PM ET on August 14, 2025, was due to pending news. CIRO, the national self-regulatory organization overseeing investment dealers and trading activity in Canada, implemented the halt to ensure a fair and orderly market. Trading resumed at 1:15 PM ET, allowing investors to react to the news of the Duck Creek Project acquisition.

As Noble Plains Uranium Corp navigates these developments, the company’s market cap stands at 4,982,377 CAD, with a close price of 0.09 CAD on August 12, 2025. The stock has seen fluctuations over the past year, reaching a 52-week high of 0.16 CAD on July 29, 2025, and a low of 0.04 CAD on March 9, 2025.

Investors and stakeholders will be closely monitoring Noble Plains Uranium’s progress as it explores the full potential of the Duck Creek Project and its implications for the company’s future growth. With its strategic acquisition and market activities, Noble Plains Uranium is poised to make significant strides in the uranium sector.