- Myriad Uranium (M) announced a non-brokered private placement for gross proceeds of up to $500,000
- The company will issue 2,000,000 units priced at $0.25 per unit
- The company has extended the expiration date of 6,440,000 warrants issued on March 10, 2021
- Myriad is a Vancouver-based mineral exploration company
- Myriad Uranium Corp. (M) opened trading at C$0.25
Myriad Uranium (M) announced a non-brokered private placement for gross proceeds of up to $500,000.
The company will issue 2,000,000 units priced at $0.25 per unit. Each unit will include one common share and one common share purchase warrant. Each warrant is exercisable for an additional common share for a period of 24 months at a price of $0.30 per share.
The company may pay finder’s fees and issue finder’s warrants in connection with the financing.
Securities issued will be subject to a statutory four-month hold period.
The proceeds of the financing will be used for general working capital.
The company has extended the expiration date of 6,440,000 warrants issued on March 10, 2021, under a non-brokered private placement.
Myriad is a Vancouver-based mineral exploration company with an option to earn a 100 per cent interest in over 1,800 km2 of uranium exploration licenses in the Tim Mersoï Basin, Niger. Myriad also has a 50 per cent interest in the Millen Mountain Property located in Nova Scotia.
Myriad Uranium Corp. (M) opened trading at C$0.25.