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Atomic Minerals Raises $400,000 in Flow-Through Financing for Saskatchewan Uranium Exploration

Story Highlights
  • Atomic Minerals raised $400,000 via flow-through share financings to support uranium exploration.
  • Funds will be used for qualifying exploration work at its Saskatchewan uranium project, bolstering its portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Atomic Minerals Corporation ( (TSE:ATOM) ).

Atomic Minerals Corporation has closed a non-brokered listed issuer financing exemption offering and a concurrent non-brokered private placement, raising a combined $400,000 through the issuance of 3.2 million flow-through common shares priced at $0.125 each. The company will direct the net proceeds to qualifying Canadian exploration expenditures at its Saskatchewan uranium project, reinforcing its exploration pipeline, while the use of flow-through share structures and the associated finder’s warrants underlines ongoing investor interest in its early-stage uranium assets and supports its positioning within the North American uranium exploration sector.

More about Atomic Minerals Corporation

Atomic Minerals Corporation is a TSX Venture-listed junior uranium exploration company focused on underexplored but geologically prospective regions in stable geopolitical and economic jurisdictions across North America. Its portfolio includes uranium projects on the historic Colorado Plateau in the United States, as well as the Mozzie Lake project in Saskatchewan’s Athabasca Basin and the Mont-Laurier project in Quebec, areas known for past or significant uranium production potential.

Average Trading Volume: 334,153

Technical Sentiment Signal: Buy

Current Market Cap: C$9.68M

See more data about ATOM stock on TipRanks’ Stock Analysis page.

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