Chris McFadden, President and CEO of NxGold, commented: “Today’s announcement represents the first step in creating the premier, publicly-traded investment company focused exclusively on the junior uranium sector. The sector has been in a structural bear market since the accident at the Fukushima Daiichi reactor in early 2011 but is now poised for recovery. UEQ, led by financial and uranium industry veterans, will provide investors a new and unique way to achieve diversified exposure to the junior uranium sector which is currently sorely missing.”
