Oberon Uranium Corp.
OBRN.CN
Canadian Securities Exchange0.02
CAD
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Oberon Uranium Corp.
OBRN.CN
(Canadian Securities Exchange)
Recent
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0.02
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ROIC.AI
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- Business
- Oberon Uranium Corp., now renamed New Earth Resources Corp. as of September 2025, is a mineral exploration company focused on acquiring and developing uranium and rare earth element projects in North America. The company holds a 100% interest in the historically productive Lucky Boy uranium property in Arizona, USA, and owns the Fusion Uranium Zone Project in the Athabasca region of northern Saskatchewan, Canada, comprising 23 mineral claims totaling approximately 20,060 hectares. It also has a 100% interest in the Element 92 uranium project in Saskatchewan and is engaged in research involving uranium extraction technology through in-situ leaching methods for deposits in non-porous underground formations. Oberon operates primarily in Canada and the United States and targets the uranium mining and exploration industry focused on both mature and emerging resource projects. Founded in 2021, the company is headquartered in North Vancouver, British Columbia, Canada. Recent major developments include the execution and closing of acquisitions of mineral claims and related assets, notably the purchase of shares in 2037881 Alberta Ltd. which holds the Fusion Uranium Zone Project, completed in 2023. This acquisition expanded Oberon's resource base with advanced uranium claims and enhanced its technological capabilities in uranium extraction. In 2024 and 2025, Oberon undertook strategic divestitures, including selling mineral claims in Saskatchewan and reducing its holdings in related entities, to streamline operations. In mid-2025, the company completed a significant $10 million financing round to fund its exploration programs, positioning it strongly for further development. The most notable change occurred in September 2025 with a share consolidation at a 10:1 ratio, accompanied by a corporate rebranding from Oberon Uranium Corp. to New Earth Resources Corp., with a corresponding ticker change to EATH on the Canadian Securities Exchange. These moves reflect a broader strategic transition toward expanding its exploration portfolio beyond uranium to include rare earth elements in Quebec and Labrador, Canada, and a renewed market positioning focused on sustainable growth and resource diversification. Overall, New Earth Resources Corp. offers a comprehensive portfolio of uranium exploration assets with advanced projects in well-known mining regions, supported by recent acquisitions and financial strengthening, while also evolving its corporate identity and market approach within the resource sector.