- Fission 3.0 Corp (FUU) has closed its private placement for gross proceeds of C$8,000,026
- The company issued 24,690,038 units, 20,113,619 flow-through units and 10,769,232 charity flow-through units
- Red Cloud Securities Inc. acted as sole agent and bookrunner and received a cash commission and brokers warrants
- Fission 3.0 Corp. is a Canadian-based resource company specializing in the exploration and development of uranium properties
- Fission 3.0 Corp. (FUU) is currently trading at C$0.17 per share
Fission 3.0 Corp (FUU) has closed its previously announced private placement for gross proceeds of C$8,000,026.
The company issued 24,690,038 units, 20,113,619 flow-through units and 10,769,232 charity flow-through units.
Each unit consists of one common share and one half of one common share purchase warrant. Each FT unit and charity FT unit consists of one common share to be issued as a “flow-through share” and one-half of one warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.20 at any time on or before September 29, 2023.
Red Cloud Securities Inc. acted as sole agent and bookrunner. The company paid the agent an aggregate cash commission of $450,850 and 3,106,853 broker warrants. Each broker warrant may be exercised to purchase one common share at a price of $0.13 at any time on or before September 29, 2023.
Proceeds will be used for future exploration work and working capital purposes.
Fission 3.0 Corp. is a Canadian-based resource company specializing in the exploration and development of uranium properties.
Fission 3.0 Corp. (FUU) is currently trading at C$0.17 per share.