• Strathmore Plus Uranium Corporation (SUU) has announced a non-brokered private placement to raise gross proceeds of up to $600,000
  • The company will issue 1,818,181 units at $0.33 per unit
  • Proceeds will be used for general working capital purposes
  • Strathmore Plus is a uranium exploration company focused on in-situ recoverable uranium deposits in the State of Wyoming
  • Strathmore Plus Uranium Corp. (SUU) is 7.14 per cent on the day, trading at C$0.30 per share at 3:30 pm ET

Strathmore Plus Uranium Corporation (SUU) has announced a non-brokered private placement to raise gross proceeds of up to $600,000.

The company will issue 1,818,181 units at $0.33 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of 24 months.

Proceeds will be used for general working capital purposes.

All securities issued will be subject to a statutory four-month hold period.

Strathmore Plus is a uranium exploration company focused on in-situ recoverable uranium deposits in the State of Wyoming.

Strathmore Plus Uranium Corp. (SUU) is 7.14 per cent on the day, trading at C$0.30 per share at 3:30 pm ET.

More From The Market Online

Innovative critical metals miner solidifies American ties

Quantum Critical Metals (TSXV:LEAP) has been granted membership into the United States Defence Industrial Base Consortium.

American Tungsten completes minority investment to advance U.S. tungsten assets

American Tungsten (CSE:TUNG) completed a AUD$750,000 minority investment in Viking Mines, subscribing for 150 million shares.

One of Africa’s most prolific gold districts — the Lake Victoria Gold Fields

Africa’s most prolific gold district — the Lake Victoria Gold Fields — is home to Cameo Resources (CSE:MEO) Katoro Project.

RZOLV recycles silver from solar panel scraps

RZOLV Technologies (TSXV:RZL) achieved 89.8 per cent silver recovery rates in preliminary bench-scale tests on solar panel concentrate.