What is the latest status of the project “Red Basin Uranium Project Sale and Strategic Alliance”?

The status recorded for “Red Basin Uranium Project Sale and Strategic Alliance” is planned.

What is the budget and commercial profile for the project “Red Basin Uranium Project Sale and Strategic Alliance”?

Taiyo normalizes the budget of “Red Basin Uranium Project Sale and Strategic Alliance” to USD 2500000.

Where can I verify the source and access all details for “Red Basin Uranium Project Sale and Strategic Alliance”?

This Taiyo project page references TipRanks along with the original URL (https://www.tipranks.com/news/company-announcements/myriad-uranium-sells-red-basin-project-retains-stake-and-forms-strategic-alliance). Taiyo standardizes official data into a consistent, searchable project profile.

Red Basin Uranium Project Sale and Strategic Alliance

Sector: Nuclear • Location: New Mexico, United States

Source: TipRanks

Project

Planned

Myriad Uranium Corp. has agreed to sell its Red Basin Uranium Project in New Mexico to Subatomic Red Basin, LLC for US$2.5 million in cash, while retaining a 10% free carried interest in the project. The deal is expected to close by April 17, 2026. Alongside the sale, Myriad and Subatomic will form a strategic alliance to pursue additional uranium exploration and development opportunities beyond R

Status: Prospective
Sector: Nuclear
Location: New Mexico, United States of America
Updated: 22 Jul 2026
Source: TipRanks

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Project Information

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The project “Red Basin Uranium Project Sale and Strategic Alliance” is an infrastructure initiative in the Nuclear sector, located in New Mexico, United States. Taiyo aggregates data on it from TipRanks.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Myriad Uranium Corp. has agreed to sell its Red Basin Uranium Project in New Mexico to Subatomic Red Basin, LLC for US$2.5 million in cash, while retaining a 10% free carried interest in the project. The deal is expected to close by April 17, 2026. Alongside the sale, Myriad and Subatomic will form a strategic alliance to pursue additional uranium exploration and development opportunities beyond Red Basin, leveraging Subatomic’s technology-forward, venture-backed approach.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	New Mexico

Source

Source	TipRanks
URL

More Details

Record type	Project
Sector	Nuclear
Article published date	2026-03-21

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