Basin Energy Limited
BSN.AX
Australian Securities Exchange0.03
AUD
+0.00
- -
Basin Energy Limited
BSN.AX
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Basin Energy Limited (ASX:BSN) is an early-stage mineral exploration and development company focused on uranium and green energy metals, including rare earth elements. The company holds interests in prospective projects in the southeast corner and margins of Canada's Athabasca Basin, comprising the North Millennium project (58 square kilometers, under joint venture with CanAlaska Uranium Ltd on a 40:60 basis), Geikie project (339 square kilometers), and Marshall project (112 square kilometers); additionally, it maintains a substantial portfolio of uranium and rare earth element exploration assets in Queensland's Mount Isa region covering 5,958 square kilometers adjacent to Paladin Energy's Valhalla uranium deposit and Red Metal's Sybella rare earth discovery, as well as green energy metals opportunities in Scandinavia. These assets target unconformity-style uranium deposits, paleochannel roll-front uranium, shear-hosted uranium, sediment and ionic clay-hosted rare earth elements, and granite-hosted rare earth elements, with exploration activities encompassing geophysical surveys, drilling programs, mapping, and sampling. Founded in 2022 and headquartered in West Perth, Western Australia, Basin Energy Limited operates primarily in tier-one mining jurisdictions including Canada, Australia, and Scandinavia, serving the global clean energy transition through discovery of critical minerals for low-carbon technologies. In August 2025, the company completed the acquisition of NeoDys Limited's Queensland uranium and rare earth portfolio, securing 5,958 square kilometers of tenure, Queensland government funding of $150,000 under the Collaborative Exploration Initiative, and raising $1.25 million via a share placement at $0.025 per share to fund initial air core and reverse circulation drilling, mapping, and sampling across high-priority targets including West Valhalla radiometrics and Newmans Bore granite-hosted rare earths. In November 2025, Basin entered a binding sale agreement for its 100%-owned Marshall uranium project to Green Canada Corporation, receiving up to C$600,000 in cash installments, C$300,000 in shares, and 9.99% equity in the resulting issuer post its reverse takeover of Maackk Capital Corp and listing on the Canadian Securities Exchange, alongside a minimum C$1.5 million exploration commitment by the buyer, a 25% buyback option, and three-year right of first refusal; concurrently, it granted nine-month exclusivity for due diligence on the North Millennium project. These transactions sharpen the company's strategic focus on shallow, high-grade discovery opportunities while retaining exposure to advanced exploration outcomes.
Green Canada Corporation Announces Proposed Going Public Transaction and Concurrent Acquisition of Marshall Uranium Project from Basin Energy Limited