DevEx Resources Limited
UREQF
Other OTC0.00
USD
- -
- -
ISIN
AU000000DEV5
Return %
Stock
S&P500
1Y
0.00
23.08
3Y
-99.96
67.59
5Y
-99.97
74.74
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.- CEO
- Brendan J. Bradley
- Full Time Employees
- 4
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1292 Hay Street West Perth WA Australia 6005
- IPO Date
- Mar 11, 2013
- Website
- devexresources.com.au
- Similar Companies
- Business
- DevEx Resources Limited (ASX:DEV; OTC:UREQF) is an Australia-based mineral exploration company focused on uranium and rare earth elements in the Northern Territory and Queensland. Founded in 1969 and headquartered at Level 3, 1292 Hay Street, West Perth, Australia, the company explores for uranium, rare earth elements, copper, nickel, gold and platinum group elements across more than 14,000 square kilometers of prospective tenements. Its principal projects comprise the Nabarlek Uranium Project, a 4,700 square kilometer package in the Alligator Rivers Uranium Province hosting Australia's former highest-grade uranium mine with past production of 24 million pounds at 1.84% U3O8; the province-scale Murphy West Uranium Project covering approximately 10,000 square kilometers along the southeastern margin of the McArthur Basin; the Kennedy Rare Earth Element Project, an advanced ionic adsorption clay deposit in North Queensland; and other base metals assets including the Jimblebar Project, Highway Nickel Project and Sovereign Project. DevEx operates exclusively in Australia, targeting clean energy minerals amid a resurging uranium market driven by global supply shortfalls and the clean energy transition, with reconnaissance exploration at Nabarlek and Murphy West identifying high-grade anomalies and planning underway for follow-up drilling programs. In recent developments, DevEx raised A$32 million through a placement of 220.7 million shares at A$0.145 in December 2025 to fund transformational acquisitions and a 2026 exploration campaign; entered a binding A$7.5 million asset sale agreement with Alligator Energy Limited on December 1, 2025, to acquire non-core uranium tenements in the Alligator Rivers Uranium Province including Tin Camp Creek, Beatrice and Nabarlek North; and completed a separate acquisition of additional tenure from Rio Tinto Exploration, consolidating a dominant contiguous landholding of approximately 9,200 square kilometers in this premier uranium district.