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An announcement from Atomic Minerals Corporation ( (TSE:ATOM) ) is now available.
Atomic Minerals Corporation has announced a non-brokered private placement to raise up to $1.8 million through the issuance of units, each comprising one common share and a warrant. The funds will be used to advance exploration at the Mozzie Lake and Colorado Plateau uranium projects. Additionally, the company has adopted a shareholder rights plan to ensure fair treatment of shareholders in the event of unsolicited take-over bids, aiming to protect against acquisitions of control.
More about Atomic Minerals Corporation
Atomic Minerals Corporation operates in the mining industry, focusing on uranium exploration projects primarily located in Saskatchewan, Canada, and the Colorado Plateau region in the United States. The company is dedicated to advancing its projects to address the strategic priority of domestic uranium supply.
Average Trading Volume: 113,358
Technical Sentiment Signal: Sell
Current Market Cap: C$1.91M
For a thorough assessment of ATOM stock, go to TipRanks’ Stock Analysis page.