Northwire Canada EditionSunday, July 26, 2026
Sign inSubscribe
Northwire
⌕
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Management Routine +

UraniumX Approved for Trading on the OTCQB Venture Market and Announces Board Change

UraniumX Moves to OTCQB Venture Market as Exploration Phase Intensifies

By The Northwire Desk — AI Analysis May 22, 2026 · 21:15 STMN · 0.13 UraniumX Discovery Corp.
Executive Summary
  • UraniumX Discovery Corp. has been approved for trading on the OTCQB Venture Market under symbol "STMXF," effective May 14, 2026.
  • The company is transitioning from the OTC Markets' OTCID Basic Market to the higher-tier OTCQB Venture Market.
  • Director Howard Milne resigned from the Board of Directors effective May 22, 2026.
  • The Company is seeking DTC eligibility to facilitate easier clearing and settlement for U.S. investors.
  • Operational updates confirm completion of a detailed geophysical survey at the Murphy Lake property.
  • Management states the company is fully funded for its upcoming drilling program scheduled for mid-May 2026.
  • Vincent Martin, former CEO of Orano Canada, has been appointed as Strategic Advisor.
Material Impact
  • The OTCQB listing represents a liquidity upgrade from the OTCID Basic Market but does not constitute a material change in asset value or discovery status. It facilitates U.S. investor access which was previously limited.
  • The board resignation of Howard Milne is noted without specific reason provided; while potentially routine, it warrants monitoring for potential governance shifts given the recent CEO transition (Esen Boldkhuu appointed Dec 2025).
  • The announcement confirms operational readiness ("fully funded") but does not provide new drill results. The market has been anticipating these drilling activities following the February/March financings.
  • Strategic Advisor appointment adds credibility to technical strategy but is incremental rather than transformative compared to major institutional investors (e.g., Sprott, Lundin).
  • Overall impact is positive for visibility and liquidity but does not alter the fundamental risk profile of an exploration-stage company awaiting assay results.
STMN · Price
Company Overview
  • Company Name: UraniumX Discovery Corp. (formerly Stearman Resources Inc., rebranded late 2025).
  • Flagship Project: Murphy Lake Uranium Property in Saskatchewan's Athabasca Basin.
  • Property Status: Up to 70% interest via option agreement with F4 Uranium Corp.
  • Geological Context: Located near major deposits including Orano's McClean Lake, IsoEnergy's Hurricane Deposit, and Cameco's La Rocque Lake Uranium Zone.
  • Other Assets: Zoo Bay (100% owned) and NeoCore (Option agreement with Gold'n Futures).
  • Management: Esen Boldkhuu appointed CEO in December 2025; Ken Wheatley serves as technical guide/consultant.
Read the original news release →

More from UraniumX Discovery Corp.

Jun 23, 2026 · 07:30

UraniumX Expands Murphy Lake Drill Program to 4,000 metres

Drill Results Jun 18, 2026 · 22:30

Athabasca Basin uranium project generator advancing Murphy Lake and NeoCore via earn-ins and targeted drilling.

M&A / Property Jun 17, 2026 · 07:30

UraniumX Discovery Corp Closes Option Agreement with Gold'n Futures

M&A / Property Jun 09, 2026 · 03:05

Athabasca Basin uranium explorer advances Murphy Lake drilling with consistent conductive corridor, awaiting assay confirmation.

Drill Results Jun 04, 2026 · 16:41

UraniumX Raises $500K to Keep Murphy Lake Drill Rig Rolling, But Dilution and Assay Risk Keep Upside Capped

Drill Results Jun 02, 2026 · 07:00

UraniumX’s Murphy Lake Drill Hit Validates Athabasca Targeting Model as Assays Loom

Drill Results