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Related Party Transactions
 9 Months Ended
Sep. 30, 2025
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
Related parties include key management of the Company and any entities controlled by these individuals or their direct family members. Key management personnel consist of directors and senior management including the Executive Chairman, Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and General Counsel.

The amounts paid to key management or entities providing similar services are as follows:
Three Months Ended
Nine Months Ended
September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Consulting$91 $150 $205 $192 
Directors' fees184 153 525 222 
Staff costs901 1,103 1,354 1,512 
Stock option expense376 1,775 1,639 2,276 
Total$1,552 $3,181 $3,723 $4,202 


During the nine months ended September 30, 2025 and 2024, the Company incurred communications and community engagement consulting fees of $77 and $192, respectively, according to a contract with 5 Spot Corporation, a company owned and operated by the spouse of the Company’s Executive Chairman. During the nine months ended September 30, 2025, the Company also incurred consulting fees of $128 related to a contract with Powerhaus Gruppe Corp, a company owned and operated by a family member of the Company’s Executive Chairman.

During the nine months ended September 30, 2025 the Company entered into several amendments to the Uranium Loan with Boss. On August 22, 2025 the Company repaid all outstanding amounts and terminated the Uranium Loan Agreement as discussed in Note 14 – Debt. Boss owns 30% of the JV Alta Mesa, as discussed in Note 8 - Sale of Minority Interest in Alta Mesa.

On April 8, 2025, the Company completed a sale of NM Energy Canada that holds the Crownpoint and Hosta Butte projects pursuant to a Purchase Agreement with Verdera. The spouse of the Company’s Chairman and certain directors of the Company serve as members of the board of directors of Verdera or as an advisor to Verdera and certain directors and officers of the Company own common shares of Verdera. The Audit Committee
of the Board consisting solely of disinterested directors oversaw the negotiation of the terms of the sale on behalf of the Company. A third-party valuation firm acted as financial advisor to the Audit Committee and provided the Audit Committee with an opinion as to the fairness, from a financial point of view, to the Company of the consideration received in the sale pursuant to the purchase agreement. The purchase agreement was unanimously approved by the Board upon recommendation by the Audit Committee. For more information regarding the Sale, see Note 7 – Mineral Rights and Properties.

As of September 30, 2025, and December 31, 2024, the following amounts were owed to related parties:
September 30, 2025December 31, 2024
5-Spot CorporationConsulting services$- $10 
Powerhaus Gruppe CorpConsulting services23 - 
Officers and Board membersAccrued compensation88 836 
BossNote payable including accrued interest- 21,639 
Total$111 $22,485