Puranium Energy Ltd. is a Canada-based junior mining company focused on the acquisition, evaluation, and exploration of mineral properties, primarily targeting uranium deposits. The company holds an 85% interest in five Exclusive Prospecting Licences (EPLs) totaling 81,955 hectares in Namibia's Erongo Uranium Province, known as the Uranium Province; these include EPL-7381 and EPL-7394 located 40 km northeast of Henties Bay covering 34,785 hectares, and EPL-7646, EPL-7996, and EPL-8084 situated near the Langer Heinrich Mine and covering uranium anomalies such as Ruimte and Namib Park I. Its properties are strategically positioned in the same regional geology as major producing uranium mines including Rössing, Husab, and Langer Heinrich, supporting exploration activities leveraging historical data and remote sensing surveys to identify paleochannel systems and mineralization targets.
Founded in 2014 and formerly known as Monterey Minerals Inc., Puranium Energy changed its name in March 2022 to reflect its strategic shift toward uranium exploration; the company is headquartered at 401 Bay Street, Suite 2702, Toronto, Ontario, Canada. It operates primarily in the clean energy sector, targeting institutional investors and stakeholders interested in nuclear fuel supply amid rising global electricity demand; geographic operations center on Namibia as its core jurisdiction, with historical references to exploration interests in Canada, Australia, and the Philippines.
In recent developments, Puranium Energy closed a debt settlement in September 2024 to strengthen its balance sheet; the company announced its annual general meeting for December 17, 2024, amid mailing delays due to the Canada Post strike, and received CAD 0.02177 million in funding from Canal Front Investments Inc. in November 2024. It reported earnings results for the third quarter and nine months ended September 30, 2025, reflecting ongoing exploration focus without material revenue; earlier efforts included a property-wide remote sensing survey on EPL-7646 and EPL-8084 identifying significant uranium exploration targets, and completion of a first tranche private placement in February 2023.