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Global Uranium Raising $3 Million in Private Placement
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Global Uranium Raising $3 Million in Private Placement
Jul 24, 2024 5:55 AM

08:36 AM EDT, 07/24/2024 (MT Newswires) -- Global Uranium ( GURFF ) on Wednesday announced a non-brokered private placement to raise $3 million to fund exploration activities on its projects.

The company will issue $2 million worth of units at $0.35 each. Each unit is comprised of one non-flow-through common share and one share purchase warrant. Each warrant is exercisable for one share at $0.45 for two years.

Global Uranium ( GURFF ) will also issue $1 million worth of units at $0.40 each. Each unit is comprised of one flow-through common share and one share purchase warrant exercisable for one share at $0.45 for two years.

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