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Red Basin Uranium Project Sale

Sector: Nuclear • Location: New Mexico, United States

Source: Environment+Energy Leader

Project
Completed

Myriad Uranium has sold its Red Basin Uranium Project in New Mexico to Subatomic Red Basin, LLC, receiving US$2.5 million in cash while retaining a 10% free carried interest in the project and surrounding acreage. This transaction converts the asset into near-term capital while maintaining some exposure to future upside.

Status
Closed
Sector
Nuclear
Location
New Mexico, United States of America
Updated
22 Jul 2026
Source
Environment+Energy Leader

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Project Information

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The project “Red Basin Uranium Project Sale” is an infrastructure initiative in the Nuclear sector, located in New Mexico, United States. Taiyo aggregates data on it from Environment+Energy Leader.

Participants

Not available for this record.

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Myriad Uranium has sold its Red Basin Uranium Project in New Mexico to Subatomic Red Basin, LLC, receiving US$2.5 million in cash while retaining a 10% free carried interest in the project and surrounding acreage. This transaction converts the asset into near-term capital while maintaining some exposure to future upside.

Original sector

Mining + Metals

Budget

Location

Country

United States of America (USA)

State

New Mexico

Source

Source

Environment+Energy Leader

URL

More Details

Record type

Project

Sector

Nuclear

Article published date

2026-05-31

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