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STRATEGIC INVENTORY | 12 Months Ended
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Dec. 31, 2024
Strategic Inventory [Abstract] |
Disclosure Of Strategic Inventory [Text Block] |
8. | STRATEGIC INVENTORY
On May 28, 2024, the Company closed an agreement to purchase 2,702,411 pounds of natural uranium concentrate (“U 3 O 8 ”) for an aggregate purchase price of $341,150 (US$250 million), which was satisfied through the issuance of US$250 million aggregate principal amount of five year, 9.0% per annum unsecured convertible debentures (the “2024 Debentures”) (Note 9). The strategic inventory is valued at cost of $341,150 as at December 31, 2024 as net realizable value exceeds this amount.

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