trending Market Intelligence /marketintelligence/en/news-insights/trending/vvfwOyKvH1mxENsb3PEqAw2 content esgSubNav
In This List

UEX to raise up to C$5M in flow-through private placement

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends

Blog

Copper project pipeline — Project shortage to see supply lag demand post-2025

Blog

Green energy revolution — Boost for industrial metals demand


UEX to raise up to C$5M in flow-through private placement

UEXCorp. said April 28 that it has reached an agreement with PrimaryCapital Inc. that will see Primary Capital act as an agent to offer 16 millioncommon flow-through shares at 25 cents each to raise C$4 million on a"guaranteed" agency basis.

Primary Capital will have the option to increase the size ofthe offering by an additional 4 million flow-through shares at 25 cents, or C$1million.

The UEX said it will put the proceeds towards advancing itsuranium properties, located in Saskatchewan's Athabasca Basin.

The offering is expected to close by May 12.