- CEO
- Geoffrey Balderson
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Vancouver Canada
- IPO Date
- Jun 13, 2023
- Business
- Canadian Uranium Corp. is a Canadian junior mineral exploration and development company engaged in the acquisition, exploration, and development of high-grade uranium and clean energy transition metal properties. Founded in 2010 and headquartered in Vancouver, British Columbia, Canada, the company operates primarily within the mining and natural resources exploration sector. Canadian Uranium Corp. focuses on identifying and advancing mineral resource opportunities across prolific Canadian mining jurisdictions, with an operational emphasis on the Athabasca Basin of northern Saskatchewan as well as secondary property interests in Ontario and Quebec.
The company provides mineral exploration and resource development operations centered on its diversified portfolio of early- to advanced-stage exploration assets, which include: uranium mineral property acquisition, geophysical survey execution, and diamond core drilling programs; the flagship Rook 2 Uranium Project, situated in the southwest Athabasca Basin; the Clark Lake Uranium Property, located near Uranium City in northern Saskatchewan; the Castle South Uranium Project (formerly Cable Lake) along the southern margin of the Athabasca Basin; the King South Uranium Project located in the eastern Athabasca Basin; and legacy battery metals interests comprising the Mound Lake Lithium Property located in the Thunder Bay Mining Division of Ontario and the Lac Binette Lithium Property in Quebec.
In recent major corporate developments, the company executed a comprehensive corporate reorganization and strategic pivot, rebranding from Free Battery Metal Limited to Canadian Uranium Corp. and updating its Canadian Securities Exchange ticker symbol to CANU in December 2025 to reflect its primary focus on uranium assets. Strategically expanding its Athabasca Basin footprint, the company secured a 100% interest in the prospective Clark Lake Uranium Property and advanced option agreements to earn up to an 80% interest in the Castle South Project. Additionally, the company entered into a binding earn-in option agreement with Snow Lake Resources Ltd., granting Snow Lake the right to earn up to an 80% interest in the Mound Lake Lithium Property. Operationally, Canadian Uranium Corp. has initiated and expanded multiple exploration programs across its Saskatchewan portfolio, including airborne Mobile MagnetoTellurics (MobileMT) geophysical surveys on the King South and Rook 2 projects to delineate high-priority drill targets, supported by multi-million-dollar private placement financing rounds closed throughout 2026 to fund continued exploration and working capital requirements.