- Standard Uranium (STND) has announced a non-brokered private placement for gross proceeds of up to C$3,500,000
- Non-flow-through units will be offered at $0.11, and flow-through units will be offered at $0.13
- The company intends to use the net proceeds for the exploration of the company’s projects and working capital purposes
- Standard Uranium is a mineral resource exploration company based in Vancouver, British Columbia
- Standard Uranium Ltd. opened trading at $0.125 per share
Standard Uranium (STND) has announced a non-brokered private placement of flow-through and non-flow-through units for gross proceeds of up to $3,500,000.
Non-flow-through units will be offered at $0.11 and flow-through units will be offered at $0.13.
Each unit will consist of one common share and one half of one common share purchase warrant.
Each FT unit will consist of one common share to be issued as a flow-through share and one-half of one warrant.
Each whole warrant shall entitle the holder to purchase one common share of the company for C$0.17 within 24 months of the closing date of the offering.
Net proceeds raised from the offering will be used to fund the exploration of the company’s projects and for working capital purposes.
Standard Uranium is a mineral resource exploration company based in Vancouver, British Columbia.
Standard Uranium Ltd. opened the day’s trading at $0.125 per share.