Stake logo

Canadian forest where uranium explorers are looking at.

How to buy shares in Basin Energy

Australia’s stock market continues to be popular with Canadian uranium explorers.




Issue Price

Capital Raised

Basin Energy


04 October 2022



Uranium explorer Basin Energy has hit the Aussie bourse today following a $9m capital raise as it looks to hit the ground running in Canada.

It’s the second Canadian uranium explorer to list here in the last month, after Terra Uranium $T92 lit up the market in September. Although its share price hasn’t exactly been green in its listed journey so far. 

There are similarities between the two, with Basin also exploring Canada’s Athabasca Basin, an area ranked number two in the world for global mining investment attractiveness

The company is targeting unconformity-type uranium deposits, which are among the largest and highest-grade deposits in the world. The Athabasca Basin has consistently delivered these deposits and, with them, big shareholder returns. 

Basin Energy has three key projects: North Millenium, Geike and Marshall. North Millenium is located next door to the Millenium deposit in the heart of the basin.

Meanwhile the Geike project is on the eastern fringe and boasts shallow targets ripe for rapid exploration in what is an area often overlooked. Geike will be the site of its maiden drilling program expected to begin in 2023. 

Basin Energy is available to trade on Stake under the ticker $BSN.

Don’t have Stake?

Get $10 when you fund Stake AUS, a free US stock when you fund Stake Wall St. Do both, get both! Terms & Conditions.


Stake logo
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2023 Stake. All rights reserved.