- CanAlaska Uranium (CVV) has announced a non-brokered private placement to raise total gross proceeds of up to $8 million
- The offering will be a combination of flow-through units of the company and flow-through units to be sold to charitable purchasers
- The flow-through units of the company will be sold at a price of $0.52 per FT Unit, while the flow-through units to be sold to charitable purchasers will be sold at a price of $0.70 per charity FT unit
- CanAlaska Uranium Ltd. is engaged in the exploration of uranium, nickel, and diamond properties
- CanAlaska Uranium Ltd. was down 3.158 per cent, trading at $0.46 at 9:34 AM ET
CanAlaska Uranium (CVV) has announced a non-brokered private placement to raise total gross proceeds of up to $8 million.
The offering will be a combination of flow-through units of the company and flow-through units to be sold to charitable purchasers.
The flow-through units of the company will be sold at a price of $0.52 per FT Unit, while the flow-through units to be sold to charitable purchasers will be sold at a price of $0.70 per charity FT unit.
Each warrant will entitle the holder to purchase one common share of the company at a price of $0.75 at any time on or before that date which is 36 months after the closing date of the Offering.
The exact number of FT units and charity FT units sold will be determined at closing.
The gross proceeds received from the sale of the units will be used to execute programs on the company’s exploration properties.
The company has also announced the results of its 2022 Annual General & Special Meeting of shareholders held on September 22, 2022, in Saskatoon, Saskatchewan.
Peter Dasler, Geoff Gay, Karen Lloyd, Jean Luc Roy, Karl Schimann and Amb. Thomas Graham, Jr. were all re-elected as directors of the company.
A total of 29,035,763 common shares of CanAlaska were represented at the AGM, being 28.47 per cent of the company’s outstanding common shares at the record date of August 18, 2022.
CanAlaska Uranium Ltd. is engaged in the exploration of uranium, nickel, and diamond properties. It holds interests in approximately 300,000 hectares (750,000 acres) in Canada’s Athabasca Basin.
CanAlaska Uranium Ltd. was down 3.158 per cent, trading at $0.46 at 9:34 AM ET.